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Speed Over Security: Tech Competition to Create New Generations of Vulnerabilities

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By Chad Hemenway, on May 4, 2015 | @advcyberrisk

Chris Pogue

Chris Pogue

Chris Pogue is senior vice president of Cyber Threat Analysis for Nuix. Over the past 14 years, Chris has investigated thousands of breaches across the globe. Prior to joining Nuix in June 2014, Chris spent six years at SpiderLabs where worked as an incident responder, managing consultant, and director. He was previously an engagement manager at the IBM/ISS X-Force incident response and penetration testing teams. Before joining the private sector, Chris served in the United States Army for 13 years as a Signal Corps Warrant Officer and Field Artillery reconnaissance Sergeant.

What do you see as the greatest cyber risks today?

This is a tough question to answer since there are so many facets to the threat landscape.

Obviously, data breaches by organized cybercriminals or nation states are high on the list. However, the data breach itself is only a fraction of the overall risk profile. The general lack of IT hygiene that has allowed a breach to occur in the first place plays a significant role. So does organizations’ lack of preparedness to deal with a breach once it has taken place. The lack corporate response and communication strategies can factor into how the public, the media, the board, and potentially regulators such as the Securities and Exchange Commission and Federal Trade Commission will respond. Failure to engage in appropriate post-breach activities can have a devastating impact to the victim organization that includes loss of customer confidence; loss of market share; governance, risk, and compliance fines; class action lawsuits; and negative executive actions imposed by the federal government.

I suppose if I had to boil all that down into a single, concise answer, it would be the lack of preparedness.

Read more . . .

Chad Hemenway

Chad Hemenway is Managing Editor of Advisen News. He has almost 15 years of journalist experience at a variety of online, daily, and weekly publications. He has covered P&C insurance news since 2007, and he has experience writing about all P&C lines as well as regulation and litigation. Chad won a Jesse H. Neal Award for Best Single Article in 2014 for his coverage of the insurance implications of traumatic brain injuries and Best News Coverage in 2013 for coverage of Superstorm Sandy.

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Bob Williams is the founder and president of Cohasset Associates, Inc. and founder of the National Conference on Managing Electronic Records, (MER).Mr. Williams is renowned for his leadership in addressing the legal, technical, and operational challenges associated with the life-cycle management of records, especially electronic records.  He has edited two definitive legal research studies: Legality of Microfilm and Legality of Optical Storage.  His also has overseen many industry white papers focused on compliance the SEC’s requirements for the storage of computer stored information (CSI).As a renowned speaker, Mr. Williams has given more than 1,000 presentations at briefings, seminars, and conferences throughout the United States as well as in Europe and South America.Mr. Williams’ primary focus now is organizing, running, and co-chairing the MER, Cohasset’s nationally renowned conference on managing electronic records

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