Tag Archives: cyber security

Cyber Security Expert Edgar Perez Helping M&A Bankers Get Deals Done with Due Diligence & Awareness

June 27, 2017 staronepr Leave a comment

Well-known keynote speaker Edgar Perez has assembled a team of cyber experts that provides essential cybersecurity due diligence and awareness training to reduce risks for companies, investment funds, employees and partners.

New York City, NY, USA — As reported by Bloomberg, companies and investment funds are adding an extra layer of scrutiny to acquisitions by screening targets for cybersecurity risks, as global computer attacks raise awareness. To respond to this demand, renowned cybersecurity speaker Edgar Perez is offering 360° Cybersecurity Due Diligence and Awareness Training services for Forbes Global 2000 companies (http://www.mredgarperez.com/index.php/cybersecurity-awareness-phishing-training-today).

The wake-up call for cybersecurity expertise during mergers and acquisitions came after a 2014 Yahoo! hack affected about 500 million accounts, damaging the company’s reputation and causing Verizon to cut its offer to buy the company by $350 million. There is concern that computer viruses can be planted and remain dormant until after a deal, leaving the acquirer to cope with stolen customer data, industrial secrets or ransom demands. That is where MrEdgarPerez.com’s offering becomes critical; it offers the world’s first 360° Cybersecurity Due Diligence and Awareness Training that effectively prepares leaders to comprehensively minimize these risks.

Edgar Perez (http://www.mredgarperez.com), author of The Speed Traders (http://www.thespeedtraders.com) and Knightmare on Wall Street (http://www.knightmareonwallstreet.com), is a recognized futurist, keynote speaker and director of programs targeted at board members, chief executive officers and senior executives looking for new ways to gain and maintain a competitive business advantage.

RECENT TESTIMONIALS
• “Thanks for the great work training our employees. You really made a difference!” Global Chief Information Security Officer
• “After working with a number of vendors, we found your team to be in a qualitatively different level. By that I speak to your deep expertise and exemplary professionalism.” Divisional Chief Information Officer
• “The team that Edgar has assembled is top-notch. There are no words to express our satisfaction with your high-quality delivery.” Member of the Board of Directors
• “The program provides a comprehensive approach for any organization to lead in cybersecurity readiness.” IT Security Coordinator

ABOUT EDGAR PEREZ
Mr. Edgar Perez is a published author, business consultant for billion-dollar private equity and hedge funds and Council Member at the Gerson Lehrman Group, Guidepoint Global Advisors and Research International, with subject matter expertise in cyber security, investing, trading, financial regulation (Dodd-Frank Act) and market structure.

He is author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), and The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), Published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez is course director of 3-Day Masterclass Cybersecurity, Longest Running Cyber Security Business Workshop and 3-Day Masterclass Quantitative Finance, The World of Quant Finance. He has presented his workshops in Singapore, Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing and Shanghai. He contributes to The New York Times and China’s International Finance News and Sina Finance.

Mr. Perez has been interviewed on CNN’s Quest Means Business, CNBC’s Squawk on the Street, Worldwide Exchange, Cash Flow and Squawk Box, FOX BUSINESS’s Countdown to the Closing Bell and After the Bell, Bloomberg TV’s Market Makers, CNN en Español’s Dinero, Petersburg – Channel 5, Sina Finance, BNN’s Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia’s Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been featured on Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, Finance.QQ.com, hexun.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has presented to the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Cyber Security World Conference (New York), Inside Market Data (Chicago), Emerging Markets Investments Summit (Warsaw), CME Group’s Global Financial Leadership Conference (Naples Beach, FL), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in Systems Engineering from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez is an accomplished salsa and hustle dancer and resides in the New York City area.

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders
+1-414-FORUMS0
jpetrova@thespeedtraders.com

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Spotlight on Cybersecurity in New York and Singapore With Top Cyber Security Speaker Edgar Perez

April 30, 2017 staronepr Leave a comment

Edgar Perez, author of The Speed Traders and Knightmare on Wall Street, has partnered with Terrapinn Training for 3-Day Masterclass in Cybersecurity to bring key insights for CEOs and board members in New York and Singapore on cyber security.

New York City, NY, USA — Mr. Edgar Perez, author of Knightmare on Wall Street and The Speed Traders, returns to New York and Singapore with his insightful analysis and prescriptions for organizations to thrive in today’s information-driven economy.

In addition to learning how to better prepare their organizations to face today’s cybersecurity challenges, participants at Terrapinn Training’s 3-Day Masterclass Cybersecurity (http://www.terrapinntraining.com/training/826/3-Day-Masterclass-in-Cybersecurity) will:

• Gain a comprehensive understanding of cybersecurity and its key aspects
• Get to grips with various cybersecurity testing methods
• Learn valuable system administration techniques for executives
• Discover how to establish or improve your cybersecurity program
• Consider how the “weak human link” can become the organization’s greatest strength
• Understand the four components of the cyber preparedness continuum

Edgar Perez (http://www.mredgarperez.com), author of The Speed Traders and Knightmare on Wall Street, is a recognized futurist, keynote speaker and director of programs targeted at board members, chief executive officers and senior executives looking for new ways to gain and maintain a competitive business advantage.

SPEAKER’S RECENT TESTIMONIALS

• “Your presentation was the real highlight of the Emerging Markets Investments Summit. You clearly have the connections in the industry and are very well connected.” Alex Ritson, BBC News Presenter at The Newsroom, World Business Report and Business Matters (United Kingdom)

• “There is a new day in trading and speed is the key. Edgar Perez is the poster child.” Eugene Steele, Managing Partner, Trading Rooms World Wide (United States)

• “I would like to show my appreciation on your willingness to share your insights about cybersecurity. We would certainly have you in mind as we move forward to deal with this very important issue.” Nik Hasyudeen, former President of the Malaysian Institute of Accountants (Malaysia)

• “Perez illuminates the world of speed.” Brenda Jubin, Contributor, Seeking Alpha (United States)

• “Edgar Perez is THE expert on high-frequency trading.” Liz Claman, Anchor, FOX Business News (United States)

• “It was such a pleasure to have you participate in our conference. The feedback was great and the information you shared with the audience was invaluable. Once again, thank you for your contribution in making the event a success.” Holly Chudzy, Corporate Events Coordinator, Peters & Co. (Canada)

SPEAKER’S KEYNOTE TOPICS

• The Importance of the Cybersecurity Framework for Directors and CEOs
An email embedded with malware. Security systems hacked by thieves. Credit card numbers stolen from store purchases. There’s certainly no shortage of examples when it comes to data security breaches and the havoc they wreak on business. No wonder then that nearly a third of CEOs in KPMG’s latest global survey identified cyber security as the issue having the biggest impact on their companies today. Every organization should apply a Cybersecurity Framework for analyzing cyber security, and ideally it should be integrated into an organization’s existing enterprise risk framework. The key is making it part of the mainstream of risk management within an organization. The most innovative companies today have recognized that cyber security is a customer experience and revenue opportunity, not just a risk that needs to be managed. Mr. Perez will explain why this must done across the entire organization and why the CEO and Board of Directors have the most important role to play.

• The Impact of Brexit in the U.K and the World
Companies inside and outside Britain’s borders have warned that the Brexit decision is affecting their businesses, highlighting how the June vote for the UK to leave the European Union is having wide repercussions. The vote roiled equity markets worldwide and led to a devaluation of sterling amid concerns over a prolonged slowdown in consumer demand. The U.K.’s decision to leave the European Union inflicted an immediate blow on the economy as business activity shrank at its fastest pace since the last recession seven years ago. The International Monetary Fund said that it had become less optimistic on global growth, and warned the damage could worsen if confidence falters among investors and companies, as fears abound over businesses and customers reining in spending during a period of uncertainty for the UK as it negotiates the terms of its exit. Mr. Perez will identify the world economies that will feel the lion’s share of the short and long-term pain to come.

• Establishing or Improving a Cybersecurity Program
The NIST Cybersecurity Framework, which was drafted by the Commerce Department’s National Institute of Standards and Technology (NIST), comprises leading practices from various standards bodies that have proved to be successful when implemented, and it also may deliver regulatory and legal advantages that extend well beyond improved cybersecurity for organizations that adopt it early. Its adoption may prove advantageous for businesses across virtually all industries. Mr. Perez will explain why a proper Cybersecurity Program will build on the analysis of the possible areas of concern, an understanding of the company’s most critical assets, and a thorough review of Information Technology’s policies and procedures when faced with cybercrime.

• Finance in the New Global Economy
Until quite recently, globalization was seen as a one-way street. Multinationals, which led the charge four decades or so ago into growing global markets, were its ambassadors, and American and European workers, whose wages and upward mobility were flattened, were feeling left out. The core idea was that globalization, technological innovation and unfettered free trade would erase historical and geographic boundaries, making the world ever more economically interconnected and alike. Developed economies would come under more and more competitive pressure from eager upstart nations. Now we are entering a new age of volatility. Financiers will become less important, manufacturers more so. Blue collar jobs will go high tech. Robots will replace Chinese workers. Mr. Perez will discuss why finance stands now in front of its biggest transformation triggered not by any of the financial conglomerates that dominate the world today but by obscure startups that could be working already in garages in Silicon Valley, Shanghai, Kiev or Delhi.

• China: To Rebalance or Not to Rebalance
China’s 12th Five-Year Guideline in 2011 included efforts to rebalance its economy, shifting emphasis from investment towards consumption and development from urban and coastal areas toward rural and inland areas. Flash forward to 2016 and the country is exhibiting massive overcapacity in sectors linked to real estate, steel, cement, coal and construction equipment, zombie businesses continue to undermine the sustainability of China’s growth and exports are declining. At 260% of gross domestic product, the country’s overall debt is approaching danger levels. The world’s second-largest economy is now posting its weakest annual growth in 25 years, 6.9% for 2015. To top it all, $676 billion left China in 2015; with so much overcapacity in China, lack of confidence in the future as monetary policy can change tomorrow, why should people keep money inside China? Why should we bet on China? Mr. Perez will bring the answers you are looking for.

• The Biggest Risks for Financial Markets
Constant regulatory changes and technological evolution have transformed the financial landscape so profoundly since the advent of the first electronic networks in the early 1970s. Regulators around the world are now in a race to respond to the evolution of technology in financial markets and prevent its operational challenges from becoming the biggest risk for financial markets. However, when considering technology and the cyber landscape, errors are bound to happen. Financial services firms are expected to have deployed the most sophisticated defense systems against cyberattacks. Trading firms are expected to have controls in place and invest in the technology to keep up to date. Most companies would realize the need of these investments and honestly attempt to implement them, but their IT departments would soon hit a wall, because of direct involvement from senior management and boards of directors. Compliance actions against those who missed their importance will go a long way toward restoring investor confidence and limiting the impact of the biggest risk for financial markets.

• Blockchain and its impact on Finance
Blockchain technology (the software behind the digital currency, Bitcoin) offers an opportunity to overhaul existing business models, including banking infrastructure, approach to settlements and customer interactions. Now it is only a matter of time before the broader financial services and banking industries shift to blockchain and network-based approaches. The application possibilities are endless, improving the way we hold and transfer secure goods from money to deeds to music to intellectual property. In fact, blockchain, as a pure platform technology, may be able to cut out the middlemen (or middle companies) everywhere, even disrupting other disruptors like Airbnb or Uber. Mr. Perez will explain why the question is not whether network business models supported by blockchain technology will disrupt organizations, but when.

• Social Engineering: The “Weakest Human Link” in Cybersecurity
Social engineering involves tricking your employees into breaching security protocols or giving away information, most often over the telephone or via email. Social engineering exploits human weaknesses rather than technology, preying upon people’s propensity towards trust in particular. Often, these exploits are used to gather information to support a more targeted cyberattack, with the initial forays based on the premise of ‘little and often’ so as not to cause concern. Employees at all levels, including senior executives, are vulnerable. Mr. Perez will explain why by improving employee awareness and introducing simple technical measures, organizations can protect themselves against social engineering techniques and the risk of a cyberattack and its potential impact on business, customers and data.

• The Present and Future of High-Frequency Trading
On May 6, 2010, the Dow Jones Industrial Average plummeted nearly 1,000 points, then its biggest intraday point drop ever. The “Flash Crash” revealed the influence of high-frequency trading to mainstream audiences around the world. In fact, over the past 15 years, the global financial market has fragmented: where there were once three main U.S. exchanges, there are now more than 40 exchanges and alternative trading systems. High-frequency trading companies have largely replaced traditional broker-dealers, using algorithms instead of human traders to make decisions in milliseconds, mostly in response to orders made by other algorithms. Mr. Perez will discuss the benefits brought by technology, making trading faster and more efficient, as well as the potential costs brought upon institutional and retail investors.

Mr. Perez is course director of Cybersecurity Boardroom Workshop, How Boards of Directors and CXOs Can Build the Proper Foundation to Address Today’s Information Security Challenges, and The Speed Traders Workshop, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX; he has presented his workshops in Singapore, Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai. He contributes to The New York Times and China’s International Finance News and Sina Finance.

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders
+1-414-FORUMS0
jpetrova@thespeedtraders.com

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London Speaker Bureau to Represent Cybersecurity and Financial Regulation Visionary Edgar Perez

March 7, 2017 staronepr Leave a comment

Edgar Perez, author of The Speed Traders and Knightmare on Wall Street, to provide CEOs, directors and senior managers around the world his insights on the role of finance, technology and geopolitics in innovating and driving performance across organizations of all types.

New York City, NY, USA — Mr. Edgar Perez, author of The Speed Traders and Knightmare on Wall Street, is now being represented by London Speaker Bureau. Mr. Perez is available to speak at forums around the globe on Economics & Finance, Future & Technology, Government & Politics, and Leadership & Motivation. For more information, event managers can visit http://www.londonspeakerbureau.com/speakers/edgar-perez.

London Speaker Bureau is a dynamic organization with a solid global presence. In one recent month they were involved in 161 events held in 85 cities in 31 countries. They are a team of 90 colleagues based across Europe, the Middle East, Africa, Asia and North America, each with a detailed understanding of their region’s economic and governmental scene. Choosing them to help find a speaker will ensure the client’s event or meeting has somebody experienced and world class.

Edgar Perez, author of The Speed Traders and Knightmare on Wall Street, is a recognized keynote speaker and director of programs targeted at board members, chief executive officers and senior executives looking for new ways to gain and maintain a competitive business advantage. He can be reached through Twitter and Weibo.

ABOUT SPEAKER’S KEYNOTE TOPICS

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders
+1-414-FORUMS0
jpetrova@thespeedtraders.com

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Keynote Speaker Edgar Perez to Lead Cybersecurity Workshop for CEOs in Singapore, London and New York

February 20, 2017 staronepr Leave a comment

Edgar Perez, author of Knightmare on Wall Street and The Speed Traders, partnering with Terrapinn Training to bring key insights for board members and CEOs who need to become more educated about cyber security today.

New York City, NY, USA — As cyber attacks become more common, companies are increasingly investing in cyber security protections and awareness. But even with the best systems in place, hackers can still easily break into a company’s network if employees and contractors aren’t also being diligent about security. Cyber criminals have gotten much better at disguising malicious email to make it look more legitimate. So employees need to be vigilant and ask questions about all of the email they receive that raises even the slightest suspicion, which is most likely not what happened at some of the high-profile cyber security breaches that have been in the headlines: Adobe, E*Trade, Fidelity, Home Depot, Neiman Marcus, Sony, Target and Wal-mart.

As Internet usage becomes increasingly widespread and information technology ever more complex, cybersecurity is becoming an increasingly important and business-critical field. Are you and your organization effectively prepared to handle cybersecurity threats? Do you know how to identify threats, address challenges and apply a cybersecurity framework? Participants at Terrapinn Training’s 3-Day Masterclass Cybersecurity will:

• Gain a comprehensive understanding of cybersecurity and its key aspects
• Get to grips with various cybersecurity testing methods
• Learn valuable system administration techniques for executives
• Master the cybersecurity framework and its five core functions
• Discover how to establish or improve your cybersecurity program
• Consider how the “weak human link” can become the organization’s greatest strength
• Understand the four components of the cyber preparedness continuum

ABOUT KNIGHTMARE ON WALL STREET
Knightmare on Wall Street (http://www.knightmareonwallstreet.com), The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, provides a fascinating account of what it took to elevate the firm to the cusp of the retail investing revolution of the late 1990s, to struggle through booms and busts, and to bring the firm down, to end up ultimately being ignominiously bought up by a competitor.

Knight Capital announced a staggering loss of $440 million. What followed after this shocking announcement were several rounds of desperate conversations with a number of vulture players who had smelled opportunity and were readying themselves to pick up bargain-priced pieces. On August 6, 2012, Joyce confirmed that Knight Capital had struck a deal with Jefferies, TD Ameritrade, Blackstone, GETCO, Stephens, and Stifel Financial, staving off collapse days after the trading mishap.

Knightmare on Wall Street, is a thrilling minute-by-minute account of the terrifying hours following Knight Capital’s August 1, 2012 trading debacle, with news-breaking research regarding the firm’s 17 years of tumultuous existence as an independent company. Knightmare on Wall Street is the definitive behind-the-scenes story of Knight Capital.

ABOUT THE SPEED TRADERS (http://www.thespeedtraders.com)
High-frequency traders have been called many things-from masters of the universe and market pioneers to exploiters, computer geeks, and even predators. Everyone in the business of investing has an opinion of speed traders, but how many really understand how they operate? The shadow people of the investing world, today’s high-frequency traders have decidedly kept a low profile-until now. In this title, The Speed Traders, Mr. Perez opens the door to the secretive world of high-frequency trading (HFT). Inside, prominent figures of HFT drop their guard and speak with unprecedented candidness about their trade.

Mr. Perez begins with an overview of computerized trading, which formally began on February 8, 1971, when NASDAQ launched the world’s first electronic market with 2,500 over-the-counter stocks and which has evolved into the present-day practice of making multiple trades in a matter of microseconds. He then picks the brains of today’s top players. John Netto (M3 Capital), Manoj Narang (Tradeworx), and Aaron Lebovitz (Infinium Capital Management) are just a few of the luminaries who decided to break their silence and speak openly to Mr. Perez. Virtually all of the expertise available from the world of speed trading is packed into these pages.

The Speed Traders, published by McGraw-Hill, is the most comprehensive, revealing work available on the most important development in trading in generations. High-frequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access. The Speed Traders explains everything there is to know about how today’s high-frequency traders make millions-one cent at a time.

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders
+1-414-FORUMS0
jpetrova@thespeedtraders.com

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Technology

Gartner Selects Netswitch as Representative of New Breed of Cyber-Security Managed Detection and Response Vendors

May 18, 2016 straightlinepr Leave a comment

The Gartner Group has just issued a new market guide for Cyber-Security services describing what it is calling “Managed Detection and Response” and naming Netswitch Technology as a market representative provider in the space.

South San Francisco, CA, May 17, 2016 – The Gartner Group has just issued a new market guide for Cyber-Security services describing what it is calling “Managed Detection and Response” and naming Netswitch Technology as a market representative provider in the space.

The report, targeted to security leaders and available to Gartner subscribers was authored by senior Gartner security analysts, Toby Bussa, Craig Lawson and Kelly M. Kavanagh, identifies new service providers that are emerging to support organizations seeking to improve their threat detection and incident response capabilities.

“We are delighted that Gartner has included us in this category of market leaders along with Cisco, Raytheon and FireEye”, says Steve King, COO and Chief Security Officer of Netswitch. “Our unique SaaS offering is based on our Securli Advanced Threat Protection platform and our SecurliXF extended threat intelligence service. This service correlates disparate data feeds from a variety of sources both public and proprietary to provide predictive threat intelligence along with our monitoring, incident response and remediation capabilities. The result is actionable threat intelligence delivered on a 24×7 clock.”

As Marc van Zadelhoff, the head of IBM Security recently pointed out, “Even if the industry was able to fill the estimated 1.5 million open cyber security jobs by 2020, we’d still have a skills crisis in security.” Managed Detection and Response providers fill that critical security skills gap by providing expert detection and remediation service to deal with today’s increasingly complex threats. Private businesses and public companies will find it challenging to deal with these threats alone.

Netswitch’s business model allows them to manage the monitoring tools selected by the customer and through their three partner SOCs – two in the U.S. and one in Hong Kong – provide 24/7 monitoring, incident investigation, alerting and remediation services with a 15-minute response SLA. Netswitch is predominantly used by midsize organizations today, but is also targeting enterprises with its MDR service. The service is priced on the number of log sources and the security monitoring tools selected from the Netswitch technology portfolio.

Gartner points out that by 2020, 15% of midsize and enterprise organizations will be using services like MDR, up from less than 1% today. And, by 2020, 50% of worldwide MSSPs will offer MDR-type services.

Gartner recommends that IT security leaders should
1) Use MDR services to augment existing security monitoring capabilities to address gaps in advanced threat detection and incident response before investing in more security monitoring tools (e.g., security information and event management [SIEM], network, and host-threat detection), and associated staff and expertise.
2) Consider managed security service providers (MSSPs) that offer MDR-like services when device management and compliance use cases are required.
3) Look for MDR providers who can incorporate your existing security controls in the scope of their services to improve context and coverage.

Security leaders should use this research to understand the MDR services market and it’s fit for their security monitoring and incident response requirements.

ABOUT NETSWITCH
Netswitch is a global cyber-security solutions provider, serving businesses of all sizes through its award-winning Managed Detection and Response platform.

The SECURLI® Integrated Security Technologies are in use at over 3,000 client sites around the world providing managed intrusion detection and prevention, advanced behavioral analytics, preemptive breach detection, monitored and managed web firewalls and gateways, security information and event management, managed incident response and remediation and complete audit-ready regulatory compliance.
For more information, please visit us at http://www.netswitch.net/

Contact:
Marci Bracco Cain
Chatterbox PR
Salinas, CA 93901
(831) 747-7455

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Business

AsTech Consulting Security Expert Sees 2016 as “The Year of Board Accountability”

January 19, 2016 staronepr Leave a comment

New Cyber Security Assessment Framework from FFIEC and High-Profile Security Breaches Will Lead to Shareholders Demanding Answers.

San Francisco, CA, USA (January 19, 2016) — The year 2016 promises to be the Year of Accountability as corporate boards have to address serious questions about their companies’ defenses against security breaches and cybercrime. That’s the prediction of Greg Reber, CEO of AsTech Consulting, an 18-year-old cyber security consulting firm. Reber warns that board members as well as chief executives are going to be held more accountable by shareholders and regulatory agencies for inattention to cyber security weaknesses.

Last year the Federal Financial Institution Examination Council (FFIEC) released a new cyber-security assessment tool to help financial institutions move from a simple, “check-the-box” approach to security assessment to a more risk-based methodology, including specific milestones that boards have to meet at different maturity levels. This marks a new era in financial institution security oversight due to the specificity of the compliance framework. This move by the FFIEC puts corporate boards on notice as well as chief executives that cyber security is their responsibility.

“Data security breaches will continue to be more spectacular and more costly to business,” said Reber. “What is changing is the demand for more accountability. In addition to requiring that high level executives step down (such as the CEO of Target), we are going to see more boards of directors held responsible for security failures. Cyber security is a problem that will continue to escalate, resulting from emerging technologies being applied to cybercrime coupled with a lack of due diligence by senior management.”

Reber notes that there are multiple reasons that 2016 will become a year of increasing cyber security attacks:

1. Aging Internet applications – The World Wide Web is 23 years old in 2016 and many of today’s Web applications are built using source code that was developed before security risks were understood. These applications propagate security weaknesses unless they are specifically addressed in the source code, or by other means.

2. The rush to introduce new technology – Emerging technologies are creating new cyber security risks that are not well understood. The Internet of Things (IoT), for example, is driving a rush to market and many times cyber security is an afterthought. Adding security to new technology later rather than making it part of the initial development will leave ‘seams’ for security flaws.

3. Malicious ecommerce – Social media sites such as Facebook, Twitter, and Pinterest have announced that they will be adding “buy” buttons to their sites. While this may attract more users and promote customer retention, it also will create new opportunities for cyber-fraud and identify theft.

Conversely, the good news for the coming year is that better analytics with more accurate predictive capabilities are coming to market every quarter. It is becoming easier to identify where hackers are likely to strike next, supplementing traditional enterprise security safeguards with predictive analytics and analytics-driven security methods.

“We have better analytics and predictive capability to head off more security problems, but companies still need to make cyber security a priority before they have to pay for the consequences of a cyber breach,” added Reber. “It’s more than a matter of adding more security detection tools; companies have to scrub their infrastructure to uncover legacy vulnerabilities. In the current regulatory climate, vulnerability discovery and remediation is much less expensive than paying the fines and legal fees, not to mention equity losses, that follow a systems hack.”

About AsTech Consulting
AsTech Consulting has been helping Fortune 1000 companies manage risk and protect vital information assets since 1997. AsTech’s technical team are true security experts, providing a full suite of services focused on risks to information including Vulnerability Discovery and Remediation, Secure Development Training, Secure Development Lifecycle Consulting, and Security Architectural Design.

For more information, visit http://www.astechconsulting.com.

Contact:
Tom Woolf
Public Relations Director, Gumas Advertising
415-259-5638
twoolf@gumas.com

Technology

Leading Managed Security Provider Addresses Increase in Cyber-security by Disrupting Market Order

March 10, 2015 straightlinepr Leave a comment

Netswitch Technology Management, Inc., one of the top 5 MSP’s in California has developed a Managed Security offering that is a game-changer in the managed security space.

San Francisco, CA, March 09, 2015 — Netswitch Technology Management, Inc., one of the top 5 MSP’s in California has developed a Managed Security offering that is a game-changer in the managed security space.

The Gartner Group has defined Managed Security Services by identifying leaders in their Magic Quadrant who all offer a proprietary software system surrounded by services. Netswitch has flipped the model on its head by offering security services surrounding an open software stack customized to fit the customer’s specific security protection needs.

This approach has earned Steve King, the Chief Security Officer of Netswitch, acknowledgement as one of the 250 most influential people in Managed Services in 2014. Mr. King designed the MADROC Integrated Security Platform to address the increasing incidents of cyber-security breaches affecting companies of all sizes as an affordable, subscription based solution.

Mr. King was recently selected for Nine Lives Media’s seventh annual MSPmentor 250. The global list identifies the world’s leading Managed Services Provider (MSP) executives, entrepreneurs, experts, coaches and community leaders. “We congratulate Steve King on this distinguished honor and thank our readership community for submitting the nomination,” said Amy Katz, president of Nine Lives Media, a division of Penton (www.penton.com).

Instead of forcing a proprietary software solution at customers – one that will be outdated within six months at the rate things are changing in data security – MADROC customizes its technology stack with several software solutions from leading vendors with which Netswitch is partnered to fit the exact requirements of particular customer profile. Netswitch evaluated and tested 235 separate software systems addressing every possible point solution, before selecting a handful of the best price-performers to integrate in MADROC. And, to be sure that they keep pace with changes in attack techniques, they continue to test and evaluate new software products for consideration as new candidates for inclusion in the platform. This way, they insure that MADROC is always current.

To keep it affordable, MADROC is offered on a subscription basis. “Our clients don’t have to write a big check for software that will be obsolete in a year”, says King, who is also COO of Netswitch. “Making that kind of a capital commitment in a market that changes every 60 days is crazy. No one has the time or resources to stay abreast of these changes or to evaluate solutions today. There is literally a breach every day and most of them represent a new form of malware that hasn’t been seen before. Our model is to add continuous protection from a dangerous changing world populated by really smart cyber-criminals, so our customers don’t ever have to worry.”

Netswitch says that their technology stack is used by over 3,000 companies worldwide and provides protection from attacks from the endpoint, file-sharing, data, application, web and email sources, regardless of whether they have prior signatures or represent zero-day, unknown attacks. MADROC uses advanced behavioral analytics to detect and prevent advanced persistent threats in all forms from attacking a company’s assets.

About Netswitch:
Netswitch is a global technology solutions provider, serving businesses of all sizes whose model for success relies upon secure, smoothly running, and fully integrated IT systems.

Netswitch provides Managed Security Services, IT Support and Systems Integration Services in the US and Asia with offices in San Francisco, Thailand, Beijing, Hong Kong and Shanghai. Our MADROC® Integrated Security Platform is in use in over 3,000 client sites around the world providing intrusion detection and prevention, monitored and managed web firewalls and gateways, mobile device management, security information and event management, managed vulnerability, network mapping and performance monitoring and complete audit-ready regulatory compliance. http://www.netswitch.net/

About Nine Lives Media
Nine Lives Media, a division of Penton, defines emerging IT media markets and disrupts established IT media markets. The company’s IT channel-centric online communities include MSPmentor (www.MSPmentor.net ), The VAR Guy (www.TheVARguy.com ) and Talkin’ Cloud (www.TalkinCloud.com ).

Contact:
Marci Bracco Cain
Chatterbox Public Relations
Carmel, CA 93923
831-747-7455

Where We’re Going

Business

Author Edgar Perez Brings Key Cybersecurity and Electronic Trading Workshops to Dubai World Trade Center

February 21, 2015 staronepr Leave a comment

Building off of the momentum of past successful workshops, Golden Networking is bringing to Dubai Cybersecurity Boardroom Workshop 2015 and The Speed Traders Workshop 2015, seminars specifically designed for board members, senior executives and entrepreneurial business professionals looking for new ways to gain and maintain competitive business advantage in two of the most critical subjects for corporations and governments worldwide.

New York, NY, USA (February 21, 2015) — Edgar Perez, author of Knightmare on Wall Street and The Speed Traders, is bringing The Speed Traders Workshop 2015 and Cybersecurity Boardroom Workshop 2015, seminars specifically designed for members of the board, senior executives and entrepreneurial business professionals of public and private firms looking for new ways to gain and maintain competitive business advantage.

Mr. Perez is a published author, business consultant for billion-dollar private equity and hedge funds and Council Member at the Gerson Lehrman Group, with subject matter expertise in cybersecurity, investing, trading, financial regulation (Dodd-Frank Act) and market structure. Mr. Perez has presented his workshops in cities around the world, including Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing and Shanghai. He contributes to The New York Times and China’s International Finance News and Sina Finance.

ABOUT THE SPEED TRADERS WORKSHOP 2015: 5 MARCH
The Speed Traders Workshop 2015 (http://thespeedtradersworkshop.com) is the first and most comprehensive initiation to the world of electronic trading. For the first time in the region, The Speed Traders Workshop 2015 will open the door to the secretive world of computerized low-latency trading, the most talked-about form of investing by individual and institutional investors.

The Speed Traders Workshop 2015, attended by high-level individuals and CXOs from the global financial and investment communities, covers the latest research currently available and reveals how high-frequency trading players are operating in global markets and driving the development of electronic trading at breakneck speeds from the U.S. and Europe to Japan, India, China and the Middle East. The “Flash Crash”, the BATS IPO, the Facebook IPO, Knight Capital’s trading malfunction and NASDAQ’s Flash Freeze are just a few of the milestones in the history of electronic trading that will be discussed with participants.

ABOUT CYBERSECURITY BOARDROOM WORKSHOP 2015:8-9 MARCH
Cybersecurity Boardroom Workshop 2015 (http://www.cybersecurityboardroomworkshop.com) is a must-attend forum for board members, CEOs, CFOs, COOs and executive managers who need to become more educated about cyber security in order to ask questions that are strategic yet granular enough to address company specifics. Cybersecurity Boardroom Workshop 2015 is targeted at corporate decision-makers for whom cybersecurity readiness is a relatively new yet critically important area to be intelligently conversant about.

Adobe, ADP, E*Trade, Fidelity, Home Depot, JPMorgan Chase, Nasdaq, Neiman Marcus, Sony, Target and Wal-mart are just a few of the large companies that have suffered high-profile cyber security breaches. Cybersecurity Boardroom Workshop 2015, offered for the first time in the Middle East, is specifically designed for boards of directors and senior executives of public and private firms looking for new ways to gain and maintain their competitive advantages. Business executives with responsibility for IT, finance, compliance, risk management and procurement as well as entrepreneurs and innovators are welcome to add their points of view to the debate.

ABOUT THE PRESENTER: EDGAR PEREZ
Mr. Perez is the author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), and The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), Published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez has been interviewed on CNN’s Quest Means Business, CNBC’s Squawk on the Street, Worldwide Exchange, Cash Flow and Squawk Box, FOX BUSINESS’s Countdown to the Closing Bell and After the Bell, Bloomberg TV’s Market Makers, CNN en Español’s Dinero, Sina Finance, BNN’s Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia’s Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been featured on Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Cyber Security World Conference 2014 (New York), Inside Market Data 2013 (Chicago), Emerging Markets Investments Summit 2013 (Warsaw), CME Group’s Global Financial Leadership Conference 2012 (Naples Beach, FL), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in Systems Engineering from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area with his wife Olga, son Edgar Felipe and daughter Svetlana Sofia.

Cybersecurity Boardroom Workshop 2015 and The Speed Traders Workshop 2015 are produced by Golden Networking, the premier networking community for business and technology executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to information@goldennetworking.net.

Media Contact:
Taylor Blankfein
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
taylor.blankfein@goldennetworking.com
http://www.goldennetworking.com

Business

Cybersecurity Boardroom Workshop 2015 to Bring Critical Cyber Security Lessons for Boards and CEOs

January 20, 2015 staronepr Leave a comment

Building off of the momentum of past successful workshops, Golden Networking brings Cybersecurity Boardroom Workshop 2015 (http://www.CybersecurityBoardroomWorkshop.com), seminar specifically designed for board members and senior executives of public and private firms looking for new ways to gain and maintain competitive business advantage.

New York, NY, USA (January 20, 2015) — In the days prior to Thanksgiving 2013, malware designed to steal credit card data at Target was surreptitiously installed. According to Bloomberg BusinessWeek, the company had installed a malware detection tool. Target had specialists in Bangalore to monitor its computers around the clock. Two days after Thanksgiving, the malware was spotted. The team in India got an alert and flagged Target’s security managers. And then?

Nothing happened. Target’s alert system had worked effectively. But then, Target stood by as 40 million credit card numbers flowed out of its computers. Only a few months later, CEO Gregg Steinhafel and CIO Beth Jacob were both out of the company.

Cybersecurity has become widely recognized as a critical corporate challenge. Boards and senior managements are putting it on their agenda, categorizing cybersecurity not as a compartmentalized risk for the information technology team, but as strategic and enterprise-wide.

However, a security program is only as strong as its weakest link. While a survey by the Institute of Internal Auditors found 58% of board members felt they should be actively involved in cybersecurity preparedness, only 14% said they were actively involved. Unfortunately, 65% also said their perception of the risk their organizations faced had increased.

Board members and senior managers need to become more educated about the topic to be able to ask questions that are strategic yet granular enough to address company-specifics. To go further, it will be imperative to join Cybersecurity Boardroom Workshop 2015 (http://www.CybersecurityBoardroomWorkshop.com), the first seminar targeted at strategic and executive leaders for whom cybersecurity readiness is a relatively new yet critically important area to be intelligently conversant about.

Cybersecurity Boardroom Workshop 2015 is specifically designed for board members and senior executives of public and private firms looking for new ways to gain and maintain competitive business advantage. Business executives with responsibility for IT, finance, compliance, risk management and procurement as well as entrepreneurs and innovators are welcome.

By the end of Cybersecurity Boardroom Workshop 2015, to be held in Dubai, March 8-9, Hong Kong, March 12-13, Seoul, March 19-20, Singapore, March 26-27, London, 9-10 April, and New York City, April 16-17, participants will:

• Understand enterprise cybersecurity and the impact on shareholder value in the short and long term
• Identify immediate security needs for the organization with actionable steps for senior management
• Learn how to identify current and future challenges to better enable management to focus on threat reduction and operational reliability
• Get up to speed on international and domestic approaches and frameworks for effective cybersecurity practices corporate wide

DAY 1: UNDERSTANDING THE CYBER WORLD

Understanding Cybersecurity
• The trillion dollar global cyber risk environment
• The enterprise-wide challenge of protecting the organization’s assets
• The impact of cybersecurity attacks on shareholder value
• Identity theft and the legal implications of data breaches

Social Engineering: The “Weakest Human Link” in Cybersecurity
• The responsibility for cybersecurity in the organization
• Assessing the quality of the cybersecurity workforce
• Evaluating shortcomings in meeting cybersecurity workforce standards
• Assessing the effectiveness of current professionalization tools

Understanding the Cybersecurity Testing Method
• Reconnaissance: How to use tools to find vulnerable systems and devices
• Packet sniffing: How to gather information from computer systems
• Port scanning: How port information is exposed on computer systems
• Password policy and cracking: What to consider when developing password policy
• Vulnerability: How to reduce attacks by enforcing proactive compliance policies

Basics of Security Architecture for Board Members and CXOs
• How architecture defines the structure of a system and makes it explicit
• The fundamentals of layered architecture: presentation, business, data, and service layers
• How the current computer network infrastructure was not designed originally to be secure
• Embedding architecting security into systems from inception

DAY 2: RESPONDING TO THE CYBERSECURITY CHALLENGE

Introduction to NIST’s Cybersecurity Framework
• Describing the enterprise’s current and target cybersecurity posture
• Identifying and prioritizing opportunities for improvement
• Assessing and accelerating progress toward the target state
• Communicating with internal and external stakeholders about cybersecurity risk

The Five Core Functions of NIST’s Cybersecurity Framework
• Identify: Organizational understanding to manage cybersecurity risk
• Protect: Safeguards to ensure delivery of critical infrastructure services
• Detect: How to identify the occurrence of a cybersecurity event
• Respond: Taking action regarding a detected cybersecurity event
• Recover: Maintaining plans for resilience and to restore any impaired capabilities

Introduction to Intelligence-driven Cyber Network Defenses
• How investigations are based upon the scientific method: observing, hypothesis, evaluation, prediction and validation
• How to leverage cutting edge technology, vigilant people and innovative processes
• How to continuously improve the enterprise process for defending IT assets
• How to empower people to resolve the problem with guidance and mentoring

Establishing or Improving a Cybersecurity Program
• Prioritize and scope: Identifying business/mission objectives and high-level priorities
• Orient: Identifying related systems and assets, regulatory requirements, and risk approach
• Create a current profile: Developing a profile by indicating current degree of preparedness
• Conduct a risk assessment: Analyzing the operational environment in order to discern the likelihood of an attack
• Create a target profile: Describing the organization’s desired cybersecurity outcomes
• Determine, analyze, and prioritize gaps: Determining gaps between current and target profiles
• Implement action plan: Deciding which actions to take in regards to identified gaps

Cybersecurity Boardroom Workshop 2015 is produced by Golden Networking, the premier networking community for business and technology executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to information@goldennetworking.com.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.com
http://www.goldennetworking.com

Technology

GuardTime Identified as Top Emerging Cloud Security Vendor

April 28, 2011 flashnewsrelease Leave a comment

GuardTime is the creator of the patented Keyless Signatures™ technology used to validate the world’s data for applications such as secure cloud archiving.

Singapore, April 28, 2011 — Industry trade journal Datamation today published an article listing “7 Cloud Computing Security Emerging Vendors” and citing GuardTime as one of the “emerging vendors attempting to make the cloud every bit as secure – or more so – than on-premise computing.”

GuardTime ( http://www.guardtime.com ) is the creator of the patented Keyless Signatures™ technology used to validate the world’s data for applications such as secure cloud archiving.

Reporter Jeff Vance wrote, “What VeriSign has done for website trust; GuardTime seeks to do for cloud-based trust. GuardTime has created a keyless signature technology that secures critical data in the cloud and maintains extensive mathematical proof that data integrity is intact. GuardTime’s Keyless Signature is a system of software-generated, automated verification based on mathematics, which frees IT from the burdens of key management.”

Vance continued, “Why [is GuardTime] an up-and-comer? Regulatory requirements centered on privacy and data integrity are issues for nearly every industry now, and verifiably clean data goes a long way towards ensuring compliance. This is a big horizontal market, and GuardTime is already cashing in with such customers as Brother Industries, which manufactures multi-function printers using GuardTime integration. GuardTime has partnered with Joyent to deliver the first cloud stack with keyless signature integration.”

In summary, Vance wrote, “GuardTime also earned some cyber-security street cred through adventures in Estonia, a country where 97% of banking transactions are done online and there’s plenty to learn about next-generation security.”

GuardTime’s Keyless Signatures help organizations convert the trust relationship between their business operations and their data to one based on proof. Around the globe, hardware manufacturers, Telco operators, cloud service providers, banks, legal entities, and insurance companies are using the GuardTime service to make the electronic world a safer place.

A full copy of the Datamation article can be found at:http://bit.ly/flCDTM.

About GuardTime:
A Red Herring Global 100 Winner and Frost & Sullivan Product Innovation Award Winner, GuardTime was founded with the goal of solving one of the biggest problems in computing: trust. GuardTime’s Keyless Signatures™ provide proof of data integrity, signing authority, and time. The verification of the signature can be done offline and does not rely on keys, secrets, or the existence of a trusted third party. GuardTime’s mission is to change the world to one where keyless signatures are ubiquitous and a natural part of the everyday data lifecycle, whether on disk, in transit or in the cloud.

Visit http://www.guardtime.com for more information about using Keyless Signatures for signing data.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Singapore
+1 401.349.3369
vcruz@mediapr.net
http://www.guardtime.com