Rah Infotech hosts Cyber Security 2020
RAH Infotech has recently hosted Cyber Security 2020 event where IT industry experts came together to discuss the 20 threats each CEO should prepare for by 2020 and how to combat the ever-challenging cybersecurity issues.
The guest of honour Pavan Duggal, Chairman, International Commission on Cyber Security Law, & Advocate, Supreme Court, said, “Data is the most critical component of any business and securing it should be the first priority. Ransomeware is just the tip of the iceberg. Organisations must brace up for more powerful attacks with cybercriminals finding smarter ways to break into any network.”
He further added, “DDoS attacks can be rampant in future. They can impact organization’s business in a big way. It will not only result in loss of revenue but loss of customer trust. Cybersecurity is ever more important for banking sector as transactions worth millions of rupees occur every single day. The Government of India has put forth certain guidelines and those who adhere to these guidelines are protected by the law. Failing to adhere could lead to imprisonment and heavy penalty.”
During the course of the event, team Radware (one of the partners of the event) held a role play where one of the members acted as a customer considering cybersecurity solution (DDoS) and other was Radware representative answering all the queries the customer had. Through this act, they tried answering questions which are very crucial to choosing the right solutions but many a time don’t get asked or answered.
The event title and theme were strategically chosen to coincide with the ongoing IPL 20:20 for better recall value. At the core, the event was all about “educating customers regarding current threats and how their spread can impact businesses and what solutions are currently available and the need gaps”.
“It is time we educate our customers to focus more on understanding business and technology intersection points and how they introduce risks at various levels from application security to APIs and network design to clouds. It is time we made them understand what the year 2020 will hold for them and how we can better prepare to tackle cybersecurity challenges the future will unleash. This event was one such effort in that direction,” said Suchit Karnik, COO, RAH Infotech.
The following 20 big security threats to brace up for by the year 2020 were identified and acknowledged by experts during the course of the event:
- Mobile Security
- Vulnerabilities exploits (Exploit kits)
- Cloud Security (network firewall, secure web gateway, WAF)
- Advanced Persistent Threats
- IoT Malware & Next generation of Artificial Intelligence powered attacks
- Destructive DDoS IoT attacks
- Insider Threat
- Business Email Compromise Attacks & Business Process Compromise
- Exploitation of Infrastructure-as-a-Service (IaaS)
- Endpoint threats
- Botnet of Things, Ransomware of Things (RoT) and Ransomware-as-a-Service (RaaS)
- Data breaches and Data theft
- Identity Theft and Access Management
- Hacktivism, Web Exploits, Phishing & Whaling
- Online Financial Service Attacks (SSL & TLS) – Radware
- Attacks on critical information infrastructure
- Shadow IT, Zero-day exploits and Cyber-espionage
- Cloud computing providers’ infection
- Web App attacks
- Crimeware
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