@CloudExpo Authors: Liz McMillan, Elizabeth White, Pat Romanski, Yeshim Deniz, William Schmarzo

News Feed Item

Coalfire’s Top Five IT Security Predictions for 2013

As the new year kicks off, Coalfire, an independent IT GRC auditor, compiled their predictions for cybersecurity in 2013.

“Last year was a very active year in the cybersecurity world,” said Rick Dakin, CEO and co-founder of Coalfire. “The Secretary of Defense announced that the threat level has escalated to the point where protection of cyber assets used for critical infrastructure is vital. Banks and payment processors came under direct and targeted attack for both denial of service as well as next-generation worms.”

What might 2013 have in store? Dakin predicts the following:

1. The migration to mobile computing will accelerate and the features of mobile operating systems will become known as vulnerabilities by the IT security industry.

Look out for Windows 95 level security on iOS, Android 4 and even Windows 8 as we continue to connect to our bank and investment accounts - as well as other important personal and professional data - on smartphones and tablets.

As of today, there is no way to secure an unsecured mobile operating system (OS). Some risks can be mitigated, but many vulnerabilities remain. This lack of mobile device and mobile network security will drive protection to the data level. Expect to see a wide range of data and communication encryption solutions before you see a secure mobile OS.

The lack of security, combined with the ever-growing adoption of smartphones and tablets for increasingly sensitive data access, will result is a systemic loss for some unlucky merchant, bank or service provider in 2013. Coalfire predicts more than 1 million users will be impacted and the loss will be more than $10 million.

2. Government will lead the way in the enterprise migration to "secure" cloud computing.

No entity has more to gain by migrating to the inherent efficiencies of cloud computing than our federal government. Since many agencies are still operating in 1990s-era infrastructure, the payback for adopting shared applications in shared hosting facilities with shared services will be too compelling to delay any longer, especially with ever-increasing pressure to reduce spending.

As a result, Coalfire believes the fledgling FedRAMP program will continue to gain momentum and we will see more than 50 enterprise applications hosted in secure federal clouds by the end of 2013. Additionally, commercial cloud adoption will have to play catch-up to the new benchmark that the government is setting for cloud security and compliance. It is expected that more cloud consumers will want increased visibility into the security and compliance posture of commercially available clouds.

3. Lawyers have found a new revenue source - suing negligent companies over data breaches.

Plaintiff attorneys will drive companies to separate the cozy compliance and security connection. It will no longer be acceptable to obtain an IT audit or assessment from the same company that is managing an organization’s security programs. The risk of being found negligent or legally liable in any area of digital security will drive the need for independent assessment.

The expansion of the definition of cyber negligence and the range of monetary damages will become more clear as class action lawsuits are filed against organizations that experience data breaches.

4. Critical Infrastructure Protection (CIP) will replace the Payment Card Industry (PCI) standard as the white-hot tip of the compliance security sword.

Banks, payment processors and other financial institutions are becoming much more mature in their ability to protect critical systems and sensitive data. However, critical infrastructure organizations like electric utilities, water distribution and transportation remain softer targets for international terrorists.

As the front lines of terrorist activities shift to the virtual world, national security analysts are already seeing a dramatic uptick in surveillance on those systems. Expect a serious cyber attack on critical infrastructure in 2013 that will dramatically change the national debate from one of avoidance of cyber controls to one of significantly increased regulatory oversight.

5. Security technology will start to streamline compliance management.

Finally, the cost of IT compliance will start to drop for the more mature industries such as healthcare, banking, payment processing and government. Continuous monitoring and reporting systems will be deployed to more efficiently collect compliance evidence and auditors will be able to more thoroughly and effectively complete an assessment with reduced time on site and less time organizing evidence to validate controls.

Since the cost of noncompliance will increase, organizations will demand and get more routine methods to validate compliance between annual assessment reports.

About Coalfire

Coalfire is a leading, independent information technology Governance, Risk and Compliance (IT GRC) firm that provides IT audit, risk assessment and compliance management solutions. Founded in 2001, Coalfire has offices in Dallas, Denver, Los Angeles, New York, San Francisco, Seattle and Washington D.C. and completes thousands of projects annually in retail, financial services, healthcare, government and utilities. Coalfire’s solutions are adapted to requirements under emerging data privacy legislation, the PCI DSS, GLBA, FFIEC, HIPAA/HITECH, HITRUST, NERC CIP, Sarbanes-Oxley, FISMA and FedRAMP. For more information, visit www.coalfire.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve fu...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
DXWorldEXPO LLC announced today that Dez Blanchfield joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Dez is a strategic leader in business and digital transformation with 25 years of experience in the IT and telecommunications industries developing strategies and implementing business initiatives. He has a breadth of expertise spanning technologies such as cloud computing, big data and analytics, cognitive computing, m...
"We started a Master of Science in business analytics - that's the hot topic. We serve the business community around San Francisco so we educate the working professionals and this is where they all want to be," explained Judy Lee, Associate Professor and Department Chair at Golden Gate University, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.