Cyber-attacks are the fastest growing crime in the world as they are increasing in size, sophistication and cost. It is becoming the greatest threat to every company in the world.
In 2016, 3 billion Yahoo accounts were hacked in one of the biggest breaches of all time. The hack has reduced Yahoo’s acquisition value by $350 million. In 2017, the Equifax breach which has leaked 145.5 million customers data is estimated to cost the company over $600 million in total (Ponemon Institute). The recent attack suffered by Marriott in 2018 where 500 million user accounts were stolen is estimated to cost Marriott a total damage of more than $1 billion (Bloomberg). These major cyber-attacks alongside with ransomwares such as WannaCry and NotPetya, are not only getting larger in scale and complexity than previous attacks, but they are clear and present danger signs of our time.
The world leading researcher for cybersecurity facts, figures, and statistic, Cybersecurity Venture predicts cybercrime will cost the world more than $6 trillion annually by 2021, up from $3 Trillion in 2015. As such, leaders of every organizations need to examine their cyber vulnerabilities and be aware of effective cyber defense strategies and solutions to minimize their cyber risks.
This exclusive seminar will provide insights into why most of the current solutions are ineffective against sophisticated threats such as APT (Advanced Persistent Threat) and how the next-generation SOC might be able to deal with them.
|1:00 - 1:30||Registration / direct attendees to cybersecurity demo area|
|1:30 - 1:40||National Anthem and Invocation by Tammy Lipana|
|1:40 - 1:50||Welcome Remarks and President’s Report by Evelyn Singson|
|1:50 - 2:00||Introduction of Dr. Lim Woo Lip|
|2:00 - 2:45||Cybersecurity Threat Landscape by Dr. Lim Woo Lip|
|2:45 - 3:00||Q & A|
|3:00 - 3:05||Raffle Draw (power banks, restaurant voucher)|
|3:05 - 3:15||Introduction of Dr. Benson Wu|
|3:15 - 4:00||Cybersecurity Strategies Using AI and Machine Learning by Dr. Benson Wu|
|4:15 - 4:25||Presentation of Tokens to Speakers & Photos with Trustees, Evelyn Singson & BOT|
|4:25 - 4:30||Raffle Draw (bluetooth speakers, 3d2n stay at Dusit d2 Davao)|
|4:30 - N/A||End of Program
- Coffee & networking
Co-founder, CyCraft and CyCarrier. Advisor to Department of Cybersecurity, Executive Yuan, Taiwan. Speaker at Blackhat USA, the World ‘s Leading Information Security Event. Dr. Wu will speak on detecting advanced attackers with cutting-edge artificial intelligence (AI), why AI and machine learning are critical to your IT security strategy and what strategies to take to protect shareholders’ interest amid threats.
Executive Vice President, Ensign Infosecurity (A Joint Venture between Temasek Holdings and Starhub) Dr. Lim will share his insights on the current cybersecurity threat landscape, what companies should do in the face of ever- increasing cybersecurity threats, and how neglecting these threats could affect your company's bottom line.