Press Release, 25 October 2019
250 European experts gathered together with 25 speakers, to meet their peers, attend workshops and listen to talks on a wide variety of topics. The day falls, as it has since its inception, during Luxembourg’s Cybersecurity Week and each year the topic grows in importance. The main theme of the day was that the risks that come along in our undeniably digital age are in many cases unknown or not adequately addressed.
Koen Maris, Cybersecurity Leader, PwC Luxembourg, said to the audience after the final presentation, "The main takeaways for today are that we need to get the CEOs to empower the CISOs so they can do their job. We need to embrace change and the decision makers need to open up their minds, which is not the case today. We’re being outnumbered by technology and we don’t want to lose the battle. Cybersecurity is no longer a Defend problem but an Adversary problem."
Israeli security software company, Segasec, won the Cybersecurity Solution of the Year Award at the Luxembourg Cybersecurity Week gala dinner. Segasec has one mission: to stop consumer-phishing cams on the infinite web, beyond the enterprise perimeter. Segasec's cyber intelligence provides end-to-end threat protection against online impersonation and phishing scams targeting your customers. The winner was selected thanks to a jury of experts as well as the PwC Cybersecurity Day audience.
After an international call for submissions, PwC was delighted to have more than 50 applications. A big thank you goes out to the other four companies, Asvin GmbH, CyNation Limited, RCDevs SA and Reblaze, who contributed to the exciting pitch competition.
Participants took full advantage of this year’s unique agendas: Cybersecurity for CISOs and security experts, the Privacy Corner for DPOs and persons in charge of data privacy, and the CEO Ticket for CEOs. Amongst the many tailor-made activities for the attendees were the top-class talks by Jane Frankland, Rebecca Herold, Tim Cook and Harley Lovegrove.
Harley Lovegrove, Chairman of The Bayard Partnership did a presentation on, “What’s the secret of getting your way and overcoming the blockages you set in your mind when implementing an idea into your business”.
Rebecca Herold, entrepreneur, author and ex-Adjunct Professor for the Norwich University Master of Science in Information Security & Assurance Programme for 9 years where she also created programme curriculum was also present. CEO of The Privacy Professor, her talk was on how removing digital blinders is crucial to increasing cybersecurity effectiveness. “Security is a way of being. There isn’t just a lack of awareness but also a lack of understanding, limited resources and conflicts of interest,” she said. Rebecca also addressed a call to action for companies to be more aware of all the computing devices in their business environment in order to combat security issues. “It’s important for data privacy officers and information security officers to work together to know about the various access points and then ensuring that they are secure,'' she said.
Frédéric Vonner, Privacy leader at PwC Luxembourg, reacted to Rebecca’s talk, by saying that “Privacy is one of the cornerstones of a society based on trust. It is up to each of us to take care of how data is managed and used. This should though not prohibit us from leveraging on data to generate value.”
Tim Cook, Partner, Kafué Consultants, explained how to grow as a cyber leader, exploring the evolution of the CISO’s role and it’s growing importance in companies.
For all our invitees, at the end of the day, the best-selling author, and 21-year cyber security veteran Jane Frankland, helped the audience to understand how cross-industry collaboration and embracing diversity are the keys to building strong, secure and stable connected platforms, able to run both today’s and tomorrow’s services.
A very interesting point put forward by Jane Frankland was the case of diversity, and especially that of women, in cybersecurity. “Women see risks differently,” she said, “and are good at assessing odds.” Just as Winston Churchill’s corkscrew-thinking method helped win the second World War, Jane Frankland believes a diverse talent pool that thinks differently can be a very efficient way to win the war against cyber crimes. “It’s not that women are better than men. It’s just that decisions are better when a group is diverse,” she said.
Koen Maris, PwC Cybersecurity Leader, closed the day by summing up with the following:
"Businesses have to build the resilience needed to withstand disruptive cyberattacks. To understand the needs, risks and measures of cybersecurity, CEOs want to step in the shoes of the CISO—the Chief Information Security Officer, and CISOs need a clear access to the CEO, prompt and direct." Koen Maris, Cybersecurity Leader, PwC Luxembourg.
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Check out our latest blog post, "Can the CISO's voice get louder?", at The Blog.
Notes to editors
1. PwC Luxembourg (www.pwc.lu) is the largest professional services firm in Luxembourg with 2,764 people employed from 75 different countries. PwC Luxembourg provides audit, tax and advisory services including management consulting, transaction, financing and regulatory advice. The firm provides advice to a wide variety of clients from local and middle market entrepreneurs to large multinational companies operating from Luxembourg and the Greater Region. The firm helps its clients create the value they are looking for by contributing to the smooth operation of the capital markets and providing advice through an industry-focused approach.
2. The PwC global network is the largest provider of professional services in the audit, tax and management consultancy sectors. We are a network of independent firms based in 158 countries and employing over 250,000 people. Talk to us about your concerns and find out more by visiting us at www.pwc.com and www.pwc.lu.
Communications & Media Relations, PwC Luxembourg
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