Industry Perspectives Blog

In Case You Missed It: FireEye Top Stories 10-02

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1. FireEye at Washington Post Cybersecurity Summit: FireEye Chief Strategist Richard Bejtlich participated in the Washington Post summit, focusing on the challenges of cybersecurity in the private sector. Commenting on the recent agreement between China’s Xi Jinping and President Obama, he said that there is a “possibility that American businesses may see a slight decrease from China hacking teams going after their economic data."

2. Cyber Insurance Lessening Risk: Speaking of China, FireEye Chief Privacy Officer Shane McGee pointed out that Chinese hackers have both the ability and the financial incentive to continue their cyber crime spree, despite this week’s agreement between China and the U.S to stop hacking each other. In a FireEye blog post, McGee advised that cyber insurance is a solid way to mitigate the financial risk of a successful attack, with details on insurance underwriters, insurance brokers and law firms to assist with cyber insurance.

3. Hacking Around the World: FireEye released its Advanced Threat Reports for Europe, Middle East and Africa, as well as the Asia-Pacific region. Both reflect that the current states of cyber activity in those regions has increased during the first half of 2015. The use of malware in EMEA has doubled, and the UK is among the top five most-targeted EMEA nations. In APAC, organizations in Southeast Asia were 45% more likely than the global average to be targeted for cyber attack. In both regions, the threat landscape has changed considerably from our 2014 report and our findings emphasize that threat actors are more agile and focused than ever.

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4. IR or Bust: Breaches are inevitable and a strong incident response plan is the best way to prepare the event. The topic of IR will take a prime spot in the upcoming FireEye Cyber Security Defense Summit in Washington, D.C. on October 12-14. In the IR track, you’ll hear real-world examples of how various enterprises handled breach response. You can register for the summit here.

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5. October is National Cyber Security Awareness Month: The FBI is working with partners at every level of law enforcement and within the cyber industry to increase focus on cyber security. The agency has established a joint investigative task force, safe Internet online program, a complaint center, and an information-sharing effort — all to increase awareness and security around cyber attacks.