The security chiefs of Australia’s four major banks likened fighting cyberattacks to playing a team sport.
“I think I’m not alone in saying that we consider networking a team sport,” said Commonwealth Bank of Australia CISO Keith Howard during Wednesday’s virtual Cyber Live event.
“In my view, competitors do not [the other banks]those are the attackers… at the end of the day, we are stronger when we work across industry, in education and also in government. “
According to Sandro Bucchianeri, CSO Sandro Bucchianeri, National Australia Bank, this joint security effort takes place regularly.
“What we usually do is we’ll talk about compromise metrics and share our threat intelligence so we can better protect ourselves because of something I see in NAB, Richard may not be in Westpac or Lynwen [at ANZ] may well have seen it, so we try to compare notes basically – and that helps us protect the broader Australian community as a whole,” he said.
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Bucchianeri also emphasizes the importance of having diverse skill sets to create a strong cybersecurity team.
“Just like football where you have strikers, defenders, midfielders, goalkeepers, doctors, coaches, nutritionists and the list goes on, we are looking for multi-talented talent. The new format will help us better protect our organization. Something that I personally am very excited about training blind students to become cybersecurity experts,” he said.
In the view of ANZ CISO Lynwen Connick, diversification in the field of cybersecurity is not only about gender, but also attracts people from other fields such as psychology, media and fashion.
“People come from all different walks of life, and that’s really important from a diversity perspective because you get diversity of thought,” she said.
“Everyone has different training, different experience in cybersecurity because cybersecurity is really part of everything we do, so we need all different people.”
The need to enhance Australia’s cybersecurity skills occurs at a time when cyberattacks are no longer synonymous with a particular sector or business – instead, it harms all sectors. A good example was when the global meatpacking company JBS last year paid 11 million dollars in Bitcoin to cyber-attackers who encrypted its files and disrupted operations in the US and Australia with ransomware.
As BT Australasia’s head of cybersecurity, Luke Barker, nowhere is there more targeted activity a decade ago than a decade ago towards the organizations that run the network, such as manufacturing. , mining, energy and water, as it is today.
“Ten years ago, I didn’t think competitors were targeting those types of industries as much,” he said.
“While I look at it now and most of the organizations we work with, we see a significant increase in cybercrime against organizations operating those types of environments because the impact is so overwhelming.
“If you have to tear down an organization’s manufacturing facility, it’s the number one source of revenue, so the impact of their business and their ability to pay the ransom is more than that.” having their website go down, when their core business is manufacturing.
“We see that shift to what will make the biggest impact and where are the crown jewels for that organization.”
Relevant scope
