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2019 Brings New Security Challenges

As larger banks fund enhanced security controls, attackers will turn their attention toward credit unions and other financial institutions with less mature security programs, Carolyn Crandall, chief deception officer at Attivo Networks, said. “Determined attackers have proven they can bypass security controls, moving the battlefield inside the network. Understanding the adversary and root cause analysis will be big themes for 2019. It will become even more critical to understand where the attack originated, how the adversary is attacking and what they are after.”

Back to the future for 2019

There are more U.S. breach notifications laws than Baskin Robbins ice cream flavors, and the inconsistency of these laws will continue to cause confusion and compliance challenges for companies throughout 2019. We will see an increase in fines levied and potential jail time for those who do not meet the expectation of these measures. States like California, Rhode Island, and Massachusetts have all been very aggressive in their enforcement of these laws, a trend likely to be closely followed throughout the next year. Many organisations struggle with the lack of clarity of breach disclosure definitions and expectations. States that create notification laws that include defined processes will help organisations be better prepared and compliant to disclosure strategies in the event of a breach. This will promote more strategic thought processes for recording and reporting incidents and will reinforce that it is no longer enough to quickly notify on a breach incident, they will also need to accurately identify the full impact of the event. Going forward, organisations will be expected to fully understand how widespread the attack was, how deeply the attacker penetrated, and how to set the right controls in place to prevent their return.”

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