Prajjwal K C’s Post

What’s next for the future of cybersecurity in Canada? “If they mandated that nobody's allowed to ever pay a ransom in the whole world now, they'd still find a way.” Okay, it’s an extreme example, but even with drastic measures like banning ransom payments, the need for industry experts isn’t going anywhere. Rather than a reduction in the workforce, cybersecurity expert Penny Longman clarifies we’re more likely to see a shift in focus. As technology evolves, our defence strategies have to as well. The shift towards proactive protection means developing better systems and defences, with an emphasis on improved software design, application security, and more comprehensive architectural frameworks. Want to hear Penny’s thoughts on filling the talent gap in cybersecurity? Watch episode 1 of the Navigator Series: https://lnkd.in/ewmEgaEY #Cybersecurity #CyberTalent #CareerDevelopment #CareerGrowth #TechTraining #CyberCareers #TalentGap #NavigatorSeries ICT Boost is a workforce development initiative led by Lighthouse Labs and a consortium of partners, funded by the Government of Canada's Sectoral Workforce Solutions Program (SWSP). The primary goal of this initiative is to empower sector employers and enhance their ability to attract, retain, and advance a diverse pool of talent. ICT Boost also provides comprehensive support for the training, workforce integration, and job sustainability of Canadian individuals, particularly those from equity-deserving groups, who aspire to join Canada’s ICT sector and its sub-sectors.

Huge thanks to CyBOK: Cyber Security Body of Knowledge for bringing together so many leading academics in this field. It was a very interesting discussion providing a variety of insights. It is clear there are a lot of areas the UK can lead the way in our journey to becoming a global cyber technology superpower. #CyberSecurity #EconomicGrowth #DigitalInnovation #UKTech

The Gross Value Added of the cyber security sector to the Australian economy increased by approximately 60 percent from AU$2.44 billion in 2022 to approximately AU$3.99 billion in 2023; with the potential to contribute an additional 32 percent to the Australian economy by 2030. So how can Australia continue to boost growth and remain globally competitive? Australia must improve its support for: - Cyber security startups and the commercialisation of their sovereign technology - Domestic procurement of Australian cyber security products and services - Public-private partnerships to attract and upskill cyber security talent - Attracting investment into a rapidly maturing industry. Read Australia’s Cyber Security Sector Competitiveness Plan (SCP): https://hubs.ly/Q02wLXF00

SMEs need more support to overcome challenges Australian SMEs are being weighed down by persistent and emerging challenges, with red tape, hiring and training staff, and cyber security threats topping the list, according to a new NAB report. Other struggles include accessing capital, absorbing supply chain shocks, and adopting digital technologies. NAB Group CEO Andrew Irvine says these are not new challenges to Australian SMEs, but that new thinking is needed to address them. “Businesses, banks, governments and industry groups all need to come together to find solutions and unlock more productivity, jobs and economic growth.” The report highlights several policy recommendations to ease the burden on small businesses. These include: * Introducing ‘right-sized’ regulations to help SMEs meet compliance obligations * Improving accessibility of Australia’s skilled migration program * Easing of cost barriers and access to cyber security software and hardware * Involving SMEs in the delivery of the Data and Digital Government Strategy * Establishing support initiatives to enhance payment times and cash flow * Strengthening partnerships and procurement programs for First Nations SMEs #smallbusiness #challenges

Despite slow growth and inflation, the economy remains stable but faces significant cyber risks. And as the financial year ends, Australian organisations face economic challenges and uncertainties. There is a pressing need for organisations to reassess digital investments, balancing spending with maintaining secure systems. Prioritising basic safety measures to protect vital data is crucial, along with thorough testing of cyber readiness plans beyond simple exercises. Research indicates a high incidence of cyberattacks, with many organisations having inadequate response plans. Proper testing ensures minimal data exposure and supports business continuity, which is vital for cyber resilience. This financial year "feels different" due to decreased consumer spending and longer B2B sales cycles, driven by market uncertainty and geopolitical instability. Businesses now demand extensive ROI analyses for critical projects, focusing on tight budgets and IT service demands. A trend is emerging towards consolidating workloads on single hyper-scaler platforms and reducing enterprise tools. This consolidation helps improve security and demonstrate ROI. An increase in cyber-attacks is anticipated in FY25, driven by AI and Cybercrime-as-a-Service. CISOs must balance business needs, enhance security, and manage tight budgets. It is essential for Australian organisations to focus on strategic investments and robust cybersecurity measures to navigate these challenges effectively. #prontopeople #cybersecurity #FY24

Had a fantastic coffee meet-up yesterday with Asela Waidyalankara, on all things #dataprivacy and #cybersecurity. Asela is (in my personal opinion) one of the few true industry experts operating from within Sri Lanka and advising both the public and private sectors on DP/CS related policy implementation, capacity building, risk assessments, incident responding, business opportunities and T&D activities. While the Cyber Security Bill has been gazetted last year (i.e., July 2023) and is slated for enactment by later this year/early next, it's fairly concerning to hear that there are a number of gaps and deficiencies in the draft law that have been highlighted by industry bodies/stakeholders. One unarguable objective should be to encourage and facilitate the country's active participation in the global cyber security services market, forecasted to grow to around US$400-US$500 Billion by 2030. The #GOSL's plan to develop the #export oriented #IT sector should perhaps focus on the ways and means of fast tracking #SL's integration into the 'services supply chain' in these specialist offerings, particularly leveraging off our #tech #talentpools. With the #PortCitySEZ also gaining traction, companies interested in cybersecurity based service offerings can also consider setting up their business operations within the zone (which at a minimum will guarantee foreign currency and tax free earnings for employees). In any case, we shouldn't be, as usual, late to the party. Sudath Perera Associates

𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗼𝗻 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗶𝗻 𝗚𝗲𝗿𝗺𝗮𝗻𝘆 During most of my travels and business trips to Germany, I was reminded of the evolving landscape of cybersecurity in a country that is central to Europe’s economy as a whole. With its critical industries and advanced infrastructure, Germany faces a growing number of cyber threats that target everything from local businesses to national infrastructure. But what strikes me is the incredible potential for collaboration and innovation in this space. One of the biggest challenges right now is navigating the upcoming NIS2 Directive and the KRITIS Verordnung, which aim to enhance security measures across critical infrastructure across the entire European Union and Germany respectively. These regulations are necessary, but they also present huge complexities for businesses that may not yet be fully prepared. While real-world cyber threats and economic espionage increase, so too does the ongoing pressure on organizations to maintain compliance while securing their operations. In my humble opinion, this is where the real opportunity lies: An overwhelming amount of issues, security risks and regulatory requirements on the one hand, and a growing ecosystem of researchers, security experts and regulatory bodies that are working to build a safer digital environment on the other hand. We should all be focusing on collaborative innovation rather than silo solutions, so we can ensure that the challenges posted by increased cyber threats are met with resilience and adaptability - creating security solutions that truly work for businesses and society rather than focusing on profit alone. It makes me glad to see the local German #Beteiligungsgesellschaften (MBGs) finance startups, such as INVISID, and are thus significantly contributing to a safer environment for everyone and lots or prosperity in their respective regions! #CyberSecurity #Germany #NIS2Directive #KRITIS #DigitalSecurity #Collaboration #CypSec #CyberSecurityStartup #Startup #Business #Tech #Technology #SocialSaturday

🔒💡 FOMO on Africa's growing GDP? Don't let cybersecurity loopholes hold you back. 🌍✨💻 🔍👩💻 Did you know that the GDP of African nations surged fivefold in just two decades? 📈🌟 But guess what's playing spoilsport? Lackluster cybersecurity measures. 🚫💻 🛡😱 Cyber threats lurking around can potentially hinder the economic growth of the entire continent. 🌍💸😰 Let's unpack this pressing issue: 🔍💭 While Africa's GDP booms, the digital landscape faces challenges in fortifying its defenses against evolving cyber threats. 🌐🛡️ #ainews #automatorsolutions 🤔🔐 How can we ensure economic prosperity goes hand-in-hand with robust cybersecurity practices? 💭💪 Let's brainstorm some game-changing strategies: 1️⃣ Invest in cybersecurity education and training programs for professionals across industries. 🎓🛡️ 2️⃣ Collaborate with global tech experts to enhance cyber defense mechanisms and knowledge sharing. 🤝💻 3️⃣ Implement strict regulatory frameworks to safeguard digital assets and information. 📜🛡️ 🚀🔒 The future of Africa's digital economy hangs in the balance. Ready to shape a secure and prosperous tech landscape? 🌍💼🔒 #cybersecurity #techrevolution Let's kickstart an insightful conversation! Share your thoughts on fortifying Africa's cybersecurity posture. 💬👨💻🔒 #innovateafrica #securethefuture Remember, a secure cyberspace is a thriving cyberspace! Let's pave the way for a digitally resilient tomorrow. 💻🔒💪 #infosec #cyberresilience Your move, cyber warriors! 💻⚔️🌍 Let's make a difference together. 🚀💡 #teamcybersecurity #secureyourempire #CyberSecurityAINews ----- Original Publish Date: 2024-08-20 00:04

Our President, Sachin Bansal, and Director of Solutions Engineering, Michelle Koestani, recently met with senior Canadian government officials to discuss national cybersecurity priorities. 🇨🇦 Here are our biggest takeaways: ✅ Foreign interference: The biggest concern was protecting Canada from foreign interference since the next national election is scheduled for October 2025. ✅ Instant deployment: Many of the government’s IT and cyber tools are on-premise and/or involve lengthy deployments.  Officials need data at their fingertips. ✅ Immediate, real-time visibility and prioritization: Too many needles in the data haystacks and officials are seeking solutions to give immediate, real-time visibility into the security of the Government of Canada, and what they should prioritize. ✅ Critical infrastructure, supply chain, and 4th parties: Key cyber bill C-26 is moving through Canada's legislative process and would require bolstering cybersecurity risks from 4 key sectors: telecom, financial services, transportation, and energy.  Like other governments and large enterprises, the Canadian government is particularly focused on risks arising from 4th parties, i.e., your supplier’s common suppliers. #CyberSecurity #Canada #GovernmentCollaboration #RiskManagement