Cyber Security Overview - Citibank

Cyber Security Overview Charles Blauner Managing Director Global Head of Information Security +1 908 563-3589 Treasury and Trade Solutions Overview : 2014 Significant Attacks 2 Overview : The Cyber Threat Landscape Actors and Methods Motivation: make money Methods: spear-phishing and other techniques; mature underground economy supporting criminal activity Threat Actors Motivation: theft of trade or craft secrets or support of military capabilities and nationalized industries Methods: advanced operations to establish a foothold into infrastructure Motivation: instill fear to have targets comply with demands or ideology Methods: using Cyber to enable their programs (recruit, incite, train, plan and finance) Motivation: seek publicity for their geopolitical agenda Methods: disruption ( , Distributed Denial of Service) and defacement Motivation: emotional or sometimes financial needs Methods: uses insider knowledge to steal data, conduct fraud, etc. Nation-State Actors Organized Criminals Cyber Terrorists Hacktivists Insiders Methods 3 It s All About Speed The Bad Actors move at the speed of light, while the victims learn of it well after the attack 43% 29% 4% 11% 7% 7% 0% 8% 38% 14% 25% 8% 8% 0% 0% 0% 0% 27% 24% 39% 9% 0%5%10%15%20%25%30%35%40%45%50%SecondsMi nutesHoursDaysWeeksMonthsYearsInitial Attack to Initial CompromiseInitial Compromise to Data ExfiltrationInitial Compromise to DiscoveryConclusions The efficacy of attacks is high a

Cyber Security Overview Charles Blauner Managing Director – Global Head of Information Security charles.blauner@citi.com +1 908 563-3589 Treasury and Trade Solutions

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