"The Cyber Crystal Ball" 12 June 2018, Switzerland - Keynote speaker Rik Ferguson

Rik Ferguson, one of the leading experts world-wide in information security, to speak at the IRM Switzerland Regional Group Meeting on 12 June 2018

Rik is Vice President of Security Research at Trend Micro and one of the leading experts world-wide in information security. He is a Special Advisor to Europol EC3 and a project leader with the International Cyber Security Protection Alliance (ICSPA). In April 2011 Rik was inducted into the Infosecurity Hall of Fame.

As a presenter at global industry events such as RSA, Mobile World Congress, Milken Institute, Virus Bulletin, RUSI and the e-Crime Congress, Rik addresses the challenges posed by emerging technology and online crime. Rik is frequently interviewed by the BBC, CNN, CNBC, Channel 4 and Sky News and is quoted by national newspapers and trade publications worldwide. 

Martin Tang, Chairman of IRM Switzerland Regional Group commented: 

"We are absolutely delighted to have Rik as our keynote speaker. Rik is one of the Cyber experts and we eagerly look forward to learning his views on the latest threats and best practice security solutions to these in the Cyber world.”

Despite being high up on the threat radar of the World Economic Forum 2018 and IRM’s Risk Agenda 2025 reports, the threat of cybercrime to the corporate and political world is still generally massively underestimated.

According to the Ponemon Institute’s 2018 Study on Global Megatrends in Cyber Security, only 36% of IT security practitioners say senior leadership believes cyber security is a strategic priority, which in turn affects funding for investment in technology and personnel. 68% of respondents say their boards of directors are not being briefed on what their organisations are doing to prevent or mitigate the consequences of a cyberattack. 

At its annual news conference on 27 March 2018, watchdog Financial Markets Supervisory Authority (FINMA) stated that cyberattacks pose the biggest threat to the Swiss financial system with risks from hacking incursions on the rise, calling on Switzerland to step up its national defenses against the menace.

Chief Executive Mark Branson warned: "The risks connected with these attacks are growing in sync with the pace of global digitalization. Cyberattacks are now the most serious operational hazard facing the financial system, and both the private sector and public authorities should take them extremely seriously."

He said that on the whole Swiss banks seemed aware of the risks and were well equipped to deal with them, citing banks' ability to repel around 100 "Retefe" malware attacks a day on e-banking systems.

But as a country, Switzerland was lagging behind others with major financial hubs that have set up cyber security competence centers or imposed system-wide tests of hackers' ability to penetrate banking systems, he said.

Since publishing its first piece of thought leadership on this issue in 2014, IRM has closely followed developments. This will be IRM Switzerland Regional Group’s 4th annual cyber event.

In December 2018, IRM will launch a new Certificate in Digital Risk Management, with registrations commencing in December 2018 for this 9 month program.

By offering this new qualification, IRM aims to help expand and increase specialist knowledge in the cyber risk management field and give employers the ability to identify the most qualified candidates in the cyber job market.

This will be an IRM members event, with a limited number of places available to non-members paying an admission fee.

The headline sponsor for this event is XL Catlin Switzerland.

Anyone wishing to sponsor the event is invited to contact Martin Tang on martin_mtassociates@icloud.com.