Business Security Weekly

From online banking to mobile payments, nearly every aspect of our financial lives relies on digital systems. This reliance has brought incredible convenience, but it also means that any disruption — whether due to cyberattacks, system failures, or operational incidents— can have severe consequences.    The Digital Operational Resilience Act (DORA) provides the framework to ensure that financial entities have robust measures to withstand and recover from disruptions. By addressing vulnerabilities in this highly digitized ecosystem, DORA not only protects financial institutions but also safeguards the stability and well-being of the European society as a whole.

Madelein van der Hout, Senior Analyst at Forrester, joins Business Security Weekly to discuss why DORA is important, how prepared financial institutions are, the consequences of failing to comply, and the impact these regulations will have outside of the EU, including fines up to 2% of global annual turnover or €10 million—whichever is higher.

In the leadership and communications segment, Cybersecurity Responsibilities Across the C-Suite: A Breakdown for Every Executive, Humble Leaders Inspire Others to Step Up, Effective Communication in the Workplace, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!

The last five weeks have seen a flurry of news on Artificial Intelligence, especially this last week. It started on December 17, 2024 when the Bipartisan House Task Force on Artificial Intelligence (AI) released a report on “[g]uiding principles, forward-looking recommendations, and policy proposals to ensure America continues to lead the world in responsible AI innovation.” Then a new administration, which:

1. revoked more than 50 prior executive orders, including Executive Order 14110 of October 30, 2023 (Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence).
2. announced a private-sector $500 billion investment in AI infrastructure
3. tasked federal agencies with drafting a new AI action plan within 180 days
4. signed an executive order on developing artificial intelligence ‘free from ideological bias’

The Business Security Weekly crew tries to make sense of it all.

In the leadership and communications segment, How CISOs can elevate cybersecurity in boardroom discussions, Nearly half of CISOs now report to CEOs, showing their rising influence, Steve Jobs Shared 1 Crystal Clear Way You'll Spot an Exceptional Leader, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!

Becoming a CISO is a lofty goal for many security and risk pros, and the role brings new sets of challenges. CISOs who accept the wrong opportunities will be forced to conform, rather than excel, and take on outsized liability for the scope of responsibilities.

Jeff Pollard, Vice-President, Principal Analyst on the Security and Risk Team, and Jess Burn, Principal Analyst, both from Forrester Research join Business Security Weekly to discuss The Future Of The CISO report. This report outlines the six most common types of CISOs based on Forrester Research and interactions with security leaders, including the characteristics and competencies of each type. This report helps security leaders define who they are, their values, and optimal situations for their skill set.

Jeff Pollard, Vice-President, Principal Analyst on the Security and Risk Team, and Jess Burn, Principal Analyst, both from Forrester Research join Business Security Weekly to discuss the second part of The Future Of The CISO report. What if you don't like the future of the CISO role and want to get out? The report also provides guidance on what comes after the CISO role, as leaders contemplate the next step in their career. If you think it's a board role, you better know what skills are needed, as cybersecurity by itself is not enough. Join in for part 2.

Visit https://www.securityweekly.com/bsw for all the latest episodes!

In the leadership and communications segment, New Year, New Cyber Threats: How Boards Are Stepping Up (or Not), Why CISOs should build stronger bonds with the legal function in 2025, New Managers: You Don’t Need to Know It All, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!

Data is the fastest growing enterprise attack surface, and is projected to surpass 181 Zettabytes in 2025. Couple data growth with the growing demands of Artificial Intelligence, and the attack surface expands even more. How should organizations adapt their security programs to safeguard their data?

Lamont Orange, Chief Information Security Officer at Cyera, joins Business Security Weekly to help you solve your biggest data security challenges. By starting with inventory and classification, data access review can help you answer your biggest data security questions, including:

• what data you have,
• where it's stored,
• who, or what, can access it, and
• which data risks exist.

In the leadership and communications segment, The Business of Cybersecurity: The CISO’s Role in Alignment and Pervasive Governance, CISO Priorities for 2025: Budget Wisely, How Do I Position Myself to Influence Senior Leadership?, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!

Check out this episode from the BSW Vault, hand picked by main host Matt Alderman! This segment was originally published on January 3, 2023.

With the current macro economic head winds, 2023 budgets are either frozen or are flat. Where should CISOs focus these limited budgets to maximize the most out of their security program? In this segment, we invite Jon Fredrickson, Chief Risk Officer at Blue Cross Blue Shield of Rhode Island, to debate what should be in your minimum viable security program.

This segment is part 2 and focuses on the minimum viable security vendors for our top 6 capabilities:

1. Asset Management

2. Patch Management

3. IAM/MFA/PIM/PAM

4. EDR/MDR/XDR

5. Backup/Recovery

6. Risk Management

Check out this episode from the BSW Vault, hand picked by main host Matt Alderman! This segment was originally published on January 3, 2023.

With the current macro economic head winds, 2023 budgets are either frozen or are flat. Where should CISOs focus these limited budgets to maximize the most out of their security program? In this segment, we invite Jon Fredrickson, Chief Risk Officer at Blue Cross Blue Shield of Rhode Island, to debate what should be in your minimum viable security program. This segment is part 1 of 2 parts and focuses on the minimum viable security capabilities.

The local network is no more. Neither is the corporate firewall. Users are not only working from the office but also remotely, meaning the network we utilize has quickly become the internet, leaving devices and data vulnerable to cyber threats. But how do we monitor this new, expanded network?

Rob Allen, Chief Product Officer at ThreatLocker, joins Business Security Weekly to discuss how the dissolution of the business perimeter makes network access controls essential to protect your devices and, by extension, your data. Network Access Control helps protect business assets whether employees are in the office or remote. ThreatLocker Network Control provides a direct connection between the client and server, as opposed to a VPN that goes through a central point.

This segment is sponsored by ThreatLocker. Visit https://securityweekly.com/threatlocker to learn more about them!

In the leadership and communications segment, CISOs need to consider the personal risks associated with their role, CISOs: Don’t rely solely on technical defences in 2025, The Questions Leaders Need to Be Asking Themselve, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!

For over 15 years, Okta has led the charge in securing digital identities through more sophisticated sign-in solutions. Our latest 2024 Secure Sign-In Trends Report offers insights into the rapidly evolving world of identity security, specifically on how organizations across industries are embracing modern, phishing-resistant methods like Multi-Factor Authentication (MFA) and passwordless sign-ins.

In this year's report, we explore: - The surge in MFA adoption across industries, and what it means for the future of secure authentication. - Phishing-resistant authentication methods gaining traction, signaling that the passwordless future is possible. - Why a seamless user experience and strong security are no longer in opposition. - How industries compare in their adoption of modern authentication, and who's setting the pace.

Segment Resources: Secure Sign-In Trends Full Report: https://www.okta.com/resources/whitepaper-the-secure-sign-in-trends-report/

Todd McKinnon Blog on the Secure Sign-In Trends Report: https://www.okta.com/blog/2024/10/phishing-resistant-mfa-shows-great-momentum/

This segment is sponsored by Okta. Visit https://www.securityweekly.com/okta to learn more about them!

In the leadership and communications segment, How Good Leaders Become Great By Never Leading Alone, How Leaders Can Prepare Their Teams For 2025, Nervous About Public Speaking? Here’s How to Use Notes Like a Pro, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!

This week, it's time for Security Money. Of course Okta should be in the Security Weekly 25 Index, Duh!

Here are all the companies that now comprise the index:

SCWX Secureworks Corp PANW Palo Alto Networks Inc CHKP Check Point Software Technologies Ltd. RBRK Rubrik Inc GEN Gen Digital Inc FTNT Fortinet Inc AKAM Akamai Technologies, Inc. FFIV F5 Inc ZS Zscaler Inc OSPN Onespan Inc LDOS Leidos Holdings Inc QLYS Qualys Inc VRNT Verint Systems Inc. CYBR Cyberark Software Ltd TENB Tenable Holdings Inc OKTA Okta Inc S SentinelOne Inc NET Cloudflare Inc CRWD Crowdstrike Holdings Inc NTCT NetScout Systems, Inc. VRNS Varonis Systems Inc RPD Rapid7 Inc FSLY Fastly Inc RDWR Radware Ltd ATEN A10 Networks Inc

In the leadership and communications segment, Should the CISO Role Be Split?, CISO's tips for building a culture of cybersecurity, Personal Leadership and Cyber Risk — Top 3 Traits that Deliver Enterprise Level Results, and more!

Visit https://www.securityweekly.com/bsw for all the latest episodes!