Cyber Strategy
Cyber Secure
Cyber Operations
Cyber Response
Cyber ResilienceOn Tuesday, July 2, 2024, DTS Solution and BEYON Cyber jointly hosted a landmark Cybersecurity Symposium, convening industry experts and thought leaders to discuss and share innovative strategies for collaborative defense against escalating threats.
The symposium provided a platform for knowledge sharing, networking, and collaboration, fostering a united response to the increasingly sophisticated cyber threats faced by organizations and individuals alike. The event featured insightful presentations, panel discussions, and interactive sessions, offering attendees valuable insights and practical solutions to enhance their cybersecurity posture.
The Evolving Threat Landscape for Global Banks
We kicked off the symposium by examining the current state of cybersecurity threats targeting the banking industry world-wide: ransomware attacks, malware, phishing and social engineering, supply chain attacks, cloud security threats, advanced persistent threats (APTs). Discussing the evolving nature of these threats and the challenges faced by financial institutions, highlighting the importance of collaborative defense strategies.
The Evolving Threat Landscape for Global Banks
AI Cyber Defenses
Abubakar Mehd Latif – CTO of Beyon Cyber; focused on the potential of artificial intelligence (AI) to enhance cybersecurity defenses.
AI algorithms can analyze vast amounts of network data in real-time, allowing for faster detection of potential threats, including zero-day attacks that haven’t been encountered before.
AI can learn from historical cyberattack data to predict future attack vectors and vulnerabilities.
AI-powered systems can automate repetitive tasks associated with incident response, such as quarantining infected systems, notifying security personnel, and initiating recovery procedures. Freeing up valuable time for security analysts to focus on more complex investigations.
He explored the concept of a next-generation National Cyber Defender Center (CDC) and Threat Intelligence Platform (TIPX) leveraging AI to proactively identify and mitigate cyber threats.
AI Cyber Defenses
Abubakar Mehd Latif – CTO of Beyon Cyber; focused on the potential of artificial intelligence (AI) to enhance cybersecurity defenses.
AI algorithms can analyze vast amounts of network data in real-time, allowing for faster detection of potential threats, including zero-day attacks that haven’t been encountered before.
AI can learn from historical cyberattack data to predict future attack vectors and vulnerabilities.
AI-powered systems can automate repetitive tasks associated with incident response, such as quarantining infected systems, notifying security personnel, and initiating recovery procedures. Freeing up valuable time for security analysts to focus on more complex investigations.
He explored the concept of a next-generation National Cyber Defender Center (CDC) and Threat Intelligence Platform (TIPX) leveraging AI to proactively identify and mitigate cyber threats.
Banking Sector Attacks – Real World Case Studies
Offensive Security and Red Team Manager at DTS, Seid Yassin, delved into real-world examples of cyberattacks targeting banks. He shared valuable insights into attacker tactics, techniques, and procedures (TTPs) used to compromise banking systems, allowing attendees to gain a deeper understanding of the evolving threatscape.
Banking Sector Attacks – Real World Case Studies
Offensive Security and Red Team Manager at DTS, Seid Yassin, delved into real-world examples of cyberattacks targeting banks. He shared valuable insights into attacker tactics, techniques, and procedures (TTPs) used to compromise banking systems, allowing attendees to gain a deeper understanding of the evolving threatscape.
Governance, Risk and Compliance in the Banking Sector
CISO of DTS, Shah Sheikh provided an overview of the Governance, Risk, and Compliance (GRC) standards and frameworks essential for effective cybersecurity management in the banking sector. They discussed best practices for implementing and maintaining these frameworks, emphasizing the importance of collaboration between institutions and regulatory bodies.
The Cybersecurity Symposium provided a valuable platform for information exchange and capacity building. Experts from DTS Solution, BEYON Cyber, INSA, and CBE shared knowledge and insights on critical cybersecurity issues. A demo on Complyan was carried out, detailing ways to automate central bank security standards; equipping participants with the tools and strategies necessary to combat evolving cyber threats in the banking sector.
Governance, Risk and Compliance in the Banking Sector
CISO of DTS, Shah Sheikh provided an overview of the Governance, Risk, and Compliance (GRC) standards and frameworks essential for effective cybersecurity management in the banking sector. They discussed best practices for implementing and maintaining these frameworks, emphasizing the importance of collaboration between institutions and regulatory bodies.
The Cybersecurity Symposium provided a valuable platform for information exchange and capacity building. Experts from DTS Solution, BEYON Cyber, INSA, and CBE shared knowledge and insights on critical cybersecurity issues. A demo on Complyan was carried out, detailing ways to automate central bank security standards; equipping participants with the tools and strategies necessary to combat evolving cyber threats in the banking sector.
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