ISMG’s Executive Roundtables focus on specific challenges being faced by information security executives in today’s cybersecurity landscape. Moderated by one of ISMG’s Executive Editors and a guest industry expert, Roundtables give cybersecurity professionals the opportunity to discuss threats and controls with a handful of market leaders in an informal setting, from which you will emerge with new ideas and solutions you can immediately put to work to improve your own organization’s defensive posture.
Phishing: New Strategies to Fight the Growing Threat
According to the latest Verizon Data Breach Investigations Report, 90 percent of breaches have a phishing or social engineering component to them. Meanwhile, the latest research from IBM Security shows that 70 percent of the credentials stolen in a phishing attack are taken in the first hour, and on average it takes organizations up to 10 hours to halt a phishing attack.
Mexico is no exception to these trends. Yet when it comes to anti-phishing defenses, there is some confusion. The Bank of Mexico, in its capacity as administrator of the Interbank Electronic Payment System (SPEI), mandates the “use of tools that allow the detection of computer viruses and malicious codes in Electronic Channels …”
But does this mean deploying antivirus is sufficient? Or should banking institutions also be deploying more sophisticated anti-phishing strategies involving new tools and workforce education?
If you’re looking for new perspectives on these questions, then join Tom Field for an exclusive roundtable discussion where attendees will tackle such topics as:
- Phishing, financial fraud and regulatory trends within Mexico;
- The latest social engineering ploys and technology vulnerabilities exploited by fraudsters;
- A new cognitive approach to detecting and protecting against phishing attacks.
Joining Tom to provide expert insight and case studies will be Rodrigo Calleja Contreras, Security Director for IBM Mexico.