Events
IAGA SUMMIT San Francisco 2019
Jay Kaplan, CEO and Co-Founder, Synack
Jay Kaplan, a trained NSA hacker, is the CEO and Co-Founder of Synack, a Silicon Valley company that offers crowdsourced security testing to help organizations protect themselves from cyber attacks. Synack’s security testing is powered by a combination of AI technology and a network of top ethical hackers from around the world; together, they protect leading global banks, federal agencies, DoD classified assets, and over $1 trillion in Fortune 500 revenue. Backed by tech giants including Microsoft, Google, Intel, and HPE, the company has raised over $60 million in funding since its founding in 2013.
Prior to founding Synack, Jay served as a member of the DoD’s Incident Response and Red Team and as a Senior Computer Network Exploitation and Vulnerability Analyst at the National Security Agency. He received multiple accolades for classified work at the NSA while supporting counterterrorism-related intelligence operations and was also a member of the Commission on Cyber Security for the 44th President. Jay received a BS in Computer Science with a focus on Information Assurance and a MS in Engineering Management from George Washington University while studying under a DoD/NSA- sponsored fellowship.
Keen to pick the brains of Synack’s Jay Kaplan, G3 interviewed the cyber security expert ahead of his panel discussion at the IAGA Summit in San Francisco. Top of our list was pro-active cybersecurity and the need to fully understand a key ingredient in Synack’s armoury - crowdsourced security
Are we paranoid enough about cyber security?
No. Cyber security is the 21st century’s biggest business risk - we need to treat it at such. However, I always encourage businesses to avoid buying into the doomsday attitude that sometimes surrounds cyber breaches in the media. Instead, adopt a pragmatic approach to managing and minimising cyber risk. Te security industry is evolving and reinventing security defenses - organisations can get a handle on cyber security, but it will require a continuous, concerted effort.
Is a data/security breach inevitable? IAGA
Yes. We cannot 100 per cent eliminate the risk of a breach. Today’s adversary is sophisticated, with an abundance of data and tools at its disposal. However, we can reduce the likelihood of a breach by a) increasing attacker resistance of digital assets, b) taking steps to decrease the impact by limiting the scope of high value targets online, and c) being prepared to respond, forensically and through a strategic communications plan, if and when one does occur.
The International Association of Gaming Advisors (IAGA) will hold its 38th Annual International Gaming Summit June 4 - 6 at The Ritz Carlton Half Moon Bay in California
P82 NEWSWIRE / INTERACTIVE / MARKET DATA What is crowdsourced security?
Crowdsourced security is a modern approach to more effective, efficient security. Modern security teams’ biggest challenge is scale - security talent is in short
supply, with estimates totaling 3.5 million unfilled cyber positions by 2021. Rather than spending cycles seeking out talent that simply does not exist, enterprises are making crowdsourcing the solution. Gartner estimates that >50 per cent of enterprises will use crowdsourcing and related automation technologies by 2022.
Crowdsourced security harnesses a diverse pool of talent to look for vulnerabilities in a system. Most crowdsourced security programs incentivise this crowd of security researchers (aka ethical hackers) to hunt for vulnerabilities by paying them for what they find (a “bounty”). Tis motivates them to provide a more rigorous test than you would get from a consultant that you pay time and materials.
Synack’s crowdsourced penetration testing platform scales a crowd with proprietary automation technology and data science to help customers find and fix vulnerabilities, get more secure through new insights, and achieve compliance (e.g., PCI, NIST) for auditors.
Value centre versus cost burden - how do you quantify security cost when the best outcome is that nothing happens?
Up to $5.2 trillion in global value is at risk of cybercrime within the next five years - but global spending on information security and risk
Into the breach: cybersecurity advocates safety in the crowd
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