Cybersecurity Blog: The Cyber Scene is evolving, are you?

Lockheed Martin and Interset Present at This Year’s Gartner Summit

With all of a company’s sensitive information stored electronically and employees having greater access to that information than ever before, the opportunity to do harm—maliciously or unintentionally—is a reality that can no longer be ignored.

Case in point. Last year, a former network engineer, after learning he would soon be terminated, shut down his organization’s network servers and deleted critical data. His actions prevented the company from fully communicating for 30 days and limited its access to data and applications—an attack that cost the company more than $1 million.

Companies Need a Different Approach to Stop Insider Attacks

More than two-thousand risk and security leaders came to The 2016 Gartner Security & Risk Management Summit this year to discuss their biggest security challenges. The topic of insider threat detection emerged as a continuing challenge for security leaders.

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The recipe for success = employee behavioral data + user behavior analytics

Insider incidents are on the rise. In fact, recent Ponemon Institute survey indicated that malicious insiders pose the greatest cyber risk to organizations today. No wonder trade secrets and IP theft are projected to double by 2017, approaching a half a trillion dollars annually. But what can security leaders do to successfully address this scale of problem and protect their organization?

“If you’re making money today – you’re a target.”

– Kevin Shewbridge, Intelligence Analyst Lockheed Martin

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Breaches disclosed in the media foster conversations within organizations on how to protect critical assets and enterprise infrastructure. Loss of intellectual property, financial data and customer confidence have produced tangible evidence of an evolving threat landscape that, in turn, has elevated the conversation to the board room.  

This cyber awakening has many organizations evaluating current security measures including tools and technology – and the options available in the market are endless!    

On May 11, 2016, I joined Greg Masters of SC Magazine for an evaluation of new cyber technologies in the marketplace. In my role as Chief Technologist for Lockheed Martin’s commercial cyber business, I’m focused on evaluating the latest trends in the market in order to advance our own defense strategies. 

In the following on-demand webcast, I analyze a variety of cyber technologies that can enhance your defenses including: Threat Intelligence Platforms, Security Operations (SecOps) Tools, Endpoint Detection and Response as well as User Behavior Analytics. 

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External threats garner most of our attention and, consequently, the majority of our security resources but industry analysis demonstrates that cyber-crime incidents perpetrated by insider threat actors are trending up and to the right.

On May 4, 2016 my colleague, Kevin Shewbridge, and I were joined by Forrester Research Senior Analyst and guest speaker Joseph Blankenship for a discussion about the very real threat that malicious insiders pose to organizations around the globe.

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