Episode 4: Time for the crystal ball – What to expect in 2021
In this episode we are looking ahead at what we can expect in 2021 and reviewing how 2020's remote working, separation from family and teams have changed us. Have a listen to some of the interesting insights from Neira's guests, Troels Oerting, Chairman of the Board of the World Economic Forum's Centre for Cybersecurity (C4C) and Ashvin Kamaraju, CTO and Vice President Engineering at Thales Cloud Protection & Licensing.
Neira advises organisations of all sizes on payments, fintech, regtech, cybercrime, information security, regulations (e.g. PSD2, GDPR, AML) & digital innovation. With more than 20 years in financial services & technology, she believes in change through innovation & partnerships and always strives to demystify the hype surrounding current issues. She enjoys her work as a strategic board advisor and non-executive director. She also provides coaching, training/e-learning, speaking, payment security expert witness services, and helps with M&As cybersecurity due diligence. She likes engaging on social media & regularly addresses global audiences in person or virtually.
She is the 1st Advisory Committee member for PCI-Pal, a global leader in secure payments & chairs the Advisory Board for mobile innovator Ensygnia. She is proud to be an Ambassador for the Emerging Payments Association and a friend of the Global Cyber Alliance. You'll find her on the Refinitiv list of Top 100 Influencers in Financial Services, the Planet Compliance Top 50 RegTech Influencers, the SC Magazine list of the UK's 50 Most Influential Women in Cyber-Security 2019, the Cybersecurity Ventures Women Know Cyber 2019 (100 Fascinating Women Fighting Cybercrime), the Jax Finance Top 20 Social Influencers in Fintech 2017, the City AM Powerful Women in the City List, the Richtopia Top 100 Most Influential People in Fintech. Tripwire nominated her "Top Influencer in Security To Follow on Twitter" in January 2015, CEOWorld Magazine nominated her Top Chief Security Officer to Follow on Twitter in April 2014, she is the Merchant Payments Ecosystem Acquiring Personality of the Year 2013, the SC Magazine Information Security Person of the Year 2012 and is an InfoSecurity Europe Hall of Fame alumni. She was voted to the Top 10 Most Influential People in Information Security by SC Magazine & ISC2 in 2010 & has served on the PCI SSC Board of Advisors for 4 years. She is a British Computer Society Fellow.
Neira has previously worked for Barclaycard, Santander, Abbey National, Oracle Corp. and Unisys. Her clients span industry sectors, including financial services, fintech, retail, legal, consulting, information security & technology.
She loves technology and cars...
Our Guest Speakers
Troels Oerting is presently the first head and Chair of the Global Centre for Cybersecurity (C4C) established by World Economic Forum in 2018 to mitigate the global challenges to security, privacy and integrity imposed by the Digital Transformation and the 4th Industrial Revolution by engaging and curate global stakeholders in a world-wide platform for prevention, protection and prosecution. He has been working in cyber/security 'first line' for the last 38 years and has held a number of significant posts both nationally and international, and has an extensive network covering both public and private institutions.
Before joining World Economic Forum Troels Oerting worked as Group Chief Information Security Officer (CISO) and Group Chief Security Officer (CSO) with end to end responsibility of all security in Barclays Group, responsible for more than 3000 security experts world-wide protecting the banks 50 million customers and 140.000 employees in 51 countries.
Previously Troels also held the position as the first Director of the European Cybercrime Centre (EC3), an EU wide centre located in EUROPOL with the task to assist Law Enforcement Agencies in protecting 500 million citizens in the 28 EU Member States from cybercrime or loss of privacy.
As an expert in cyber security Troels has constantly been looking for new legislative, technical or cooperation opportunities to efficiently protect privacy and security for users of the Internet. He has been pioneering new methodologies to prevent crime in Cyberspace and protect innocent users from losing their digital identity, assets or privacy online and enjoys a robust professional network covering both US, EU, China, Russia, Middle East and Africa. He is a highly sought presenter and moderator and has participated in all relevant conferences globally on cyber.
He is and has been Cyber advisor for the EU Commission and Parliament and been a permanent delegate in many governance organisations i.e. INTERPOL, ICANN, ITU and The Council of Europe and used by several governments and organisations as advisor in cyber related questions, amongst those the establishment of the GDPR.
He also established a vast global Outreach programme including law enforcement, NGO's, key tech companies and industry who together with Academic Research Institutes established a multifaceted global coalition against cybercriminal syndicates and networks, with the aim to enhance online security without harming privacy and to invent new ways of protecting users of the Internet.
Before joining Europol as Director for the European Cybercrime Centre (EC3) Troels Oerting held the position as Assistant Director for Europol Organised Crime department as well as the Counter Terrorist Department and he also held positions as Director of Operation in the Danish Security Intelligence Service and Director for the Danish Serious Organised Crime Agency (SOCA).
Troels is presently Chairman of the Advisory Board to the DK Board Leadership Society Centre for Cyber Competences, and Chair at Bullwall A/S, Board member at several International companies and extern lecturer on CBS Executive and Board Education in Cybersecurity and finalising the establishment of a Cyber Risk Simulation Center for Board Members in DK and abroad.
Ashvin is currently the CTO and Vice President Engineering at Thales where he drives the technology strategy for Thales Cloud Protection & Licensing, leading a global organisation of researchers and technologists that develop the strategic vision for the company's portfolio of industry-leading data protection products and services.
Previously Ashvin served as Vice President Global Engineering at Thales following its acquisition of Vormetric. He lead a geographically distributed engineering organisation that developed a broad portfolio of leading edge data security products which met rigorous security standards and were designed for deployment in the enterprise, private and public clouds.
Ashvin is an experienced leader with a proven track record, having more than 25 years of software development experience with domain experience in storage management, operating systems, big data security, encryption and key management.
Prior to joining Vormetric, Ashvin spent four years as General Manager and Vice President of Engineering at Symantec Corporation, where he led the development of a portfolio of enterprise storage software products. Earlier in his career Ashvin worked at Sun Microsystems as a member of technical staff and engineering manager where he contributed to the Solaris operating system software for SPARCstations and let the development efforts for file and proxy cache servers. He has a MSCE and a master's in mathematics and computer science from the University of Cincinnati.
About this Episode
In the ancient times, it was the Oracle who predicted the future and advised the Greek kings, like Odysseus, on what to do (although sometimes her advice was vague!). I don’t claim to be an Oracle, neither do I have a magical crystal ball to foresee the future, but based on experience and data, businesses can plan ahead.
In the fourth Thales Security Sessions podcast, Neira Jones asked me to join Troels Oerting, Chairman of the Board of the World Economic Forum's Centre for Cybersecurity (C4C) and discuss what we can expect in 2021 by reviewing 2020.
Everyone can agree that 2020 was a disruptive year. When we were making predictions for that year, none could envision the challenges that we faced. All of a sudden, we were asked to work remotely. Although businesses had already embarked on their digital transformation journey, it was the pandemic that really accelerated that transition, creating new opportunities and new challenges.
How can you run everything online while securing your data and maintaining trust to and with your customers? How can you ensure availability, affordability and convenience of your solutions and at the same time balance with security and safety?
Increased threat surface and the need to comply with a growing number of privacy regulations and sovereignty jurisdictions puts additional pressure on all businesses who will also have to tackle another problem: talent shortage. How can we solve this problem? While educating people seems like the obvious answer to the question, it is “work from anywhere” that presents a more viable opportunity, since businesses can recruit talent from across the world without facing the distance constraints.
As technology evolves, we should expect to see some new trends emerge. Is that going to be deception technology to track, trap and expose attackers? And how will AI and 5G networks change the game? The future will bring many changes and we should expect that everything will be connected, sensed, processed and stored.
However, here lies the biggest challenge: how can we ensure the integrity of digital data? We have focused our efforts on confidentiality and availability and not too much on preserving integrity. The Cambridge Analytica scandal has demonstrated a real threat – hacking opinions.
As Troels said, we are here “not to promote fear, but to protect hope.” Businesses should keep up with strong cybersecurity hygiene, enforce security and privacy processes and invest in their people to become more secure and safe against cyber threats.
2021 is going to be another challenging, yet interesting year. What a great way to reflect and kickstart this year by listening to our Thales Security Sessions podcast, Episode 4: Time for the crystal ball – What to expect in 2021. Enjoy it!
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Listen to Previous Podcasts
Series 2 Podcasts
Episode 1: The 2021 Thales Access Management Index
The shift to remote working and the acceleration of cloud-based services have put a strain on identity and access management infrastructure. As remote access becomes the norm rather than the exception, many organisations need to evolve their security approaches in a world where there is no longer a defined perimeter, according to the 2021 Thales Access Management Index.
In this first Thales Security Sessions episode of series 2, François Lasnier, VP Authentication and Access Management Products at Thales, joins regular host, Neira Jones, to talk through the key findings of the report. They will discuss how COVID has introduced new security concerns around remote working, and explore some of the key challenges of trusted access in a cloud-first world.
Episode 2: Evolution of Cloud Security: From Shared Responsibility to Shared Fate
The rapid adoption of digital technologies and remote or hybrid working is now an accepted part of society. The pandemic forced companies to adapt swiftly and many have turned to the cloud to help their digital acceleration. According to McKinsey cloud adoption has been accelerated by three years compared to pre-pandemic adoption rates. Gartner is also estimating that spending on public cloud services will exceed $480 billion next year.
Bonus Episode: Optimizing Data Process with a Security Management Platform
Mapping data flow is a fundamental part of the enterprise data process. There's no way an organization can understand their data cycle without knowing where their data is located. Despite this, findings from the 2021 Data Threat Report by Thales reveals that only 24% of companies have complete knowledge of where their data is stored. With such strong ties between the two data operations, the numbers just aren't adding up - why?
Episode 3: The 2021 Thales Cloud Security Study
The COVID-19 pandemic has accelerated what has been a long-term broad adoption of cloud environments, including multicloud and hybrid deployments. Organizations need to extend and adapt their capabilities to take more control of their security efficiently and effectively in these new, dispersed environments, according to the 2021 Thales Cloud Security Study. The study is comprised of analysis from 451 Research, part of S&P Global Market Intelligence, and based on a survey commissioned by Thales of more than 2,600 security professionals worldwide. In this episode, Sol Cates, Principal Technologist at Thales, and regular host Neira Jones break down some of the key findings and statistics in the report.
Episode 4: The Future of Payments
The payments ecosystem has evolved tremendously over the past few years, raising the question: where will digital payment technologies take us in the future, and how does this affect retailers and financial services organizations? In this episode, Neira Jones is joined by Scott Abrahams, Senior Vice President Business Development & FinTech, United Kingdom and Ireland, International Markets at Mastercard and Simon Keates, Head of Strategy and Payment Security at Thales to discuss the major challenges retailers and other financial services organizations are facing.
Episode 5: Trends & Predictions for 2022 – More of the Same?
For two years now, organizations have been trying to adapt to pandemic driven change. So what can we expect to see in 2022 and how have the many aspects of this change impacted the security landscape? For this episode, Neira Jones is joined by Ashvin Kamaraju, CTO and Vice President Engineering at Thales Cloud Protection & Licensing and Andy Green, CISO at Gemserv.
Episode 6: Digital Identities and Digital Security - Is the Future of Digital Identity Safe?
As we continue to live our lives remotely, never has the importance of being able to distinguish between genuine and fraudulent interactions been more felt. Digital identities, how we create them and how we protect them is at the epicenter of this change. In this episode, Asaf Lerner, Director, Product Management at Thales Cloud Protection & Licensing and Uri Rivner, Founder & CEO, at Regutize join our host Neira Jones to answer the question – are our digital identities really safe?
Bonus Episode: The Rise of the Sovereign Cloud
There are now more than 1,800 data compliance laws companies must comply with on a global scale. This surge in regulation is creating a shift towards the containment and localization of data and we will continue to see this more and more in the years to come. The public will become increasingly aware of these challenges too, with individual data sovereignty on the horizon. This will allow individuals to control where their data is and how it is used, strengthening the correlation between identity and data protection. In this bonus podcast episode, Rob Elliss, Vice President of Sales, EMEA at Thales Cloud Security joins Neil Hughes to discuss the rise of the sovereign cloud. They discuss how data sovereignty is not just about localization; it is ensuring that nation-states can store their data in their own country and control access to it.
Series 1 Podcasts
Episode 1: Real Threats for Real People – What has the pandemic taught us?
Are businesses being forced into digital transformation too quickly and therefore cutting corners? How to businesses adapt to the changing threat vectors as more valuable data gets pushed further out into the infrastructure due to remote working? These are some of the questions we are exploring with guests Rick Robinson and Todd Moore.
Episode 2: More digital, more risk: where is the trust?
More digital, means more ecommerce, more digital payments, more financial fraud and cybercrime and ultimately more risk. Many organisations within the payment sector are being pushed into digitisation more quickly as they move to operate online to keep cash flow – without doing necessary due diligence on the best solution or vendor and with security not really on their agenda. These are some of the issues we are exploring with guests Arthur van der Merwe and Simon Keates.
Episode 3: Do you know who I am? The digital identity challenge
More digital also means more interactions where the various parties are interacting without knowing each other. This is linked to the much needed focus on digital identity, IAM, CIAM, authentication, behavioural analytics. Has the pandemic forced people’s perception of digital identity to change as they have been forced to accept the digital transformation in their own lives? Our host Neira Jones discussed this topic with guests Sundaram Lakshmanan and Francois Lasnier.
Episode 4: Time for the crystal ball – What to expect in 2021
In this episode we are looking ahead at what we can expect in 2021 and reviewing how 2020’s remote working, separation from family and teams have changed us. Have a listen to some of the interesting insights from Neira’s guests, Troels Oerting, Chairman of the Board of the World Economic Forum’s Centre for Cybersecurity (C4C) and Ashvin Kamaraju, CTO and Vice President Engineering at Thales Cloud Protection & Licensing.
Episode 5: The Challenges of Digital Transformation
Many businesses have been forced to accelerate their digital transformation strategies due to the pandemic and doing it successfully has become a major challenge. What do organisations do to transform their infrastructure to where it needs to be from a technology standpoint? The new threats are here to stay – so what is the best DX practice from a technology point of view? How do you focus on the technology process and preservation of your infrastructure?
Episode 6: Data Beyond Borders: The Schrems II Aftermath
Are the current rules and regulations for securing information and maintaining privacy fit for purpose when you think about the future? Do you think work and lifestyle changes brought about by Covid-19 will have a regulatory impact that we need to plan for? Neira discusses these questions with Enza Iannopollo, Senior Analyst at Forrester and Thales’ own Mukesh Chandak, Business Development Director.
Episode 7: More digital, more cloud: To trust or not to trust
More digital will mean more cloud. Now in the second year, the Covid-19 coronavirus pandemic has prompted an acceleration in the adoption of cloud technologies by IT leaders worldwide, which looks set to continue for the foreseeable future. Previously organizations have primarily looked at new application development and deployment for cloud, taking a ‘cloud first’ approach. However many have now pivoted towards a ‘cloud now’ approach. In this two-part episode Neira talks to Chris Harris, EMEA Technical Director at Thales and Vaughn Stewart, VP of Technology Alliance Partners, Pure Storage.
Episode 8: 5G – With Great Power, Comes Great Responsibility
5G is poised to change how digital technology-based solutions are delivered and consumed across different industry verticals by connecting people and devices using high quality services whenever wherever. In this episode Neira is joined by Prashant Deo, Senior Information Security Consultant at Tata Consultancy Services and Chen Arbel, Vice President Business Development, 5G & Cloud Security and Thales.
Bonus Episode: The Shift to Passwordless Authentication
Passwordless and FIDO authentication is one of the hottest topics on the radar of identity and access management professionals. While passwordless authentication offers convenience for end users, not all methods offer the same level of protection. In this special bonus edition podcast, Garrett Bekker, principal cybersecurity analyst at from 451 Research and Asaf Lerner, Director of Product Management at Thales discuss the merits and various angles of moving to passwordless.
Episode 9: The 2021 Thales Data Threat Report
The shift to remote work and the acceleration of the shift to cloud-based infrastructure have profoundly impacted security teams. With the security risks and threats that these changes pose, most organizations have some work to do to improve their security posture, according to the new 2021 Thales Data Threat Report. In this episode, Neira Jones is joined by Todd Moore, VP Encryption Products at Thales, to talk through the key findings of the report. They’ll take a look back at the key trends seen in 2020 and the impacts of the pandemic that have carried over into 2021.
Episode 10: IoT Security Trends
Organizations have only just begun discovering and benefiting from the opportunities provided by the Internet of Things. The ability to capture and analyze data from distributed connected devices offers the potential to optimize processes, create new revenue streams, and improve customer service. However, the IoT also exposes organizations to new security vulnerabilities introduced by increased network connectivity and devices that are not secured by design. And advanced attackers have demonstrated the ability to pivot to other systems by leveraging vulnerabilities in IoT devices. For this episode, host Neira Jones is joined by Ellen Boehm, VP, IoT Strategy and Operations at Keyfactor, and Paul Hampton, Senior Product Manager at Thales.
Episode 11: Quantum Computing
The threat and arrival of quantum computers is ever-present with physics breakthroughs, more Qubits, quantum “supremacy”, and cloud service providers designing quantum computers, but what does it really mean to data protection? Is it really the end of encryption as we know it? In Episode 11 of the Thales Security Sessions, host Neira Jones is joined by Mike Brown, CTO at Isara, and Michael Gardiner, Solution Architect at Thales, to discuss the ways in which quantum computing will change the technology landscape, and how organizations can deal with the potential security threats that quantum brings.
Bonus Episode: Encryption in Quantum Resistant Networks
Network security encompasses the security tools, policies, and techniques used to monitor, prevent, and respond to unauthorized network access. Having such a broad definition and, therefore, challenging approach, it is important that businesses know what key areas to focus on and what enterprise tech solutions they should look to ensure appropriate, airtight protection. Dr. Eric Cole, Founder and CEO of Secure Anchor Consulting, speaks with Julian Fay, CTO at Senetas, a global partner of Thales. The pair explore the primary concerns of network security within the realm of data in motion with the help of key findings from our latest global survey on the encryption of public/private networks.
Bonus Episode: Adopting the Shared Security Management Model
Shared security, also known as shared responsibility, is a cloud security management model that describes the distribution of enterprise data security management and accountability between a company and its cloud service provider(s). The framework essentially enables improved productivity and unparalleled agility, so why isn't every organization adopting it? Dr. Eric continues with Chris Martin at Thales, delving into the main areas of organizational risk concerning cloud migration and vendor native decisions before shedding light on the limitations of a single service provider. The guests then discuss the shared security model - its benefits and the implementation process. Final thoughts centre on what organizations need to understand about control over all users and effectively build a best practice shared security strategy.
Episode 12: Building a Trusted World for Crypto Payments
Bitcoin and other cryptocurrencies have exploded in value—making them an ever-more attractive target for scammers and hackers. So is cryptocurrency secure? How can businesses and individuals make sure they protect their digital investments? And what are the key security measures that should be implemented to secure the cryptocurrency backend? In this episode, we’ll be exploring the current cryptocurrency landscape, and how we can make a trusted world for crypto payments. Joining our regular host Neira Jones for this episode, we have Nitin Gaur, Director, IBM Financial Sciences and Digital Assets and Krishna Ksheerabdhi, VP Product Marketing, Thales.