The Southeast Asian region will see a spike in multifaceted extortion with more public breaches, along with an increase in ransomware-as-a-service operations in 2022, says Singapore-based Yihao Lim, principal intelligence adviser at Mandiant Threat Intelligence.
A risk-based approach to secure against digital fraud requires putting in the correct security controls in proportion to the organizational risk, which is determined by understanding the customer's subconscious habits, says Australia-based Tim Dalgleish, senior director, a global advisory, at BioCatch.
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CISOs need to be open to ideas and suggestions from their peers and other functions and exhibit thought leadership to establish collective defense thinking in fighting threats, says Steven Sim Kok Leong, president of ISACA, Singapore chapter and chair of OT-ISAC Executive Committee.
A comprehensive IAM program requires integration with HR and legacy systems to enable multifactor authentication, SaaS, and Identity-as-a-Service to provide secure user access and a secure user experience, says Hong Kong-based Varun Kakkar, group head of cybersecurity at Tricor Group.
As the risks to IT and OT converge, organizations must use "zero trust" to verify user identities and build effective monitoring capabilities to track the behavior of privileged users, say Kartik Shahani of Tenable and Rohan Vaidya of CyberArk.
According to a panel of experts, protecting the Active Directory, a rich target for increasing ransomware attacks, will require organizations to audit privileged accounts and endpoints with continuous monitoring and an identity governance approach.
As DNS remains a favorite target for attack vectors, organizations need to build unified security by establishing harmonized DNS traffic and communication to prevent data exfiltration, say Alvin Rodrigues and Pankaj Chawla from Infoblox.
As a strategy, organizations need to harness technologies that can provide real-time visibility to threats combined with intelligence-based automated technologies that can help contain the incidents, says Ajay Kumar, regional head of Cyber Security Services, Asia at Crowdstrike.
To help balance security and user convenience, organizations should offer centralized user access to applications, says Krishnamurthy Rajesh, head of IT and information security at ICRA, an India-based credit rating agency.
Richard Harrison, CISO at healthAlliance in New Zealand, is focused on visibility and "security by design" from initiation through design-build-operate process, to achieve excellence in security operations