Give Me 5 Understanding Cyber Security Part 1: How Cyber Security is Impacting Your Business

Transcription

1 Give Me 5 Understanding Cyber Security Part 1: How Cyber Security is Impacting Your Business

2 Women Impacting Public Policy (WIPP) is a nonprofit, membership organization working to increase the economic power and public policy clout of women entrepreneurs by providing essential business skills education, leadership opportunities for business and personal growth, and a seat at the table among policymakers in Washington, D.C. WIPP was founded in 2001 and is recognized as a national, nonpartisan voice for women business owners, advocating on behalf of its coalition of 4.7 million businesswomen including 78 business organizations. WIPP identifies important trends and opportunities and provides a collaborative model for the public and private sectors to advance the economic empowerment of women.

3 Give Me 5 National program from WIPP & American Express OPEN designed to educate women business owners on how to apply for and secure federal procurement opportunities. Give Me 5 works to increase the representation of Women Business Owners that win government contracts. We provide accessible business education tools to assist both new and experienced federal contractors. Women Business Owners could gain more than $4 billion in annual revenues if the 5% contracting goal set by Congress was reached.

4 Your Voice - Be heard!

5 Give Me 5 Understanding Cyber Security Part 1: How Cyber Security is Impacting Your Business

6 Instructor Angela Dingle, President Ex Nihilo Management, LLC Women Impacting Public Policy (WIPP) Education Foundation Board of Directors Certified in the Governance of Enterprise Information Technology (CGEIT) Managed over $40 million in Government Contracts

7 If you hire or manage employees, contractors or subcontractors; own a business or manage information, this session is for you. Introduction

8 Course Goals Understand the Need Understand Your Responsibilities Understand How to Protect Your Business

9 Cyber Security Defined Cyber Security is a collection of policies, procedures, practices and technologies designed to protect networks, computers, programs and data from attack, damage or unauthorized access.

10 Understanding the Need Source: SecureID News, 2016

11 Understanding the Need 21.5 Million SSNs 5.6 Million Fingerprints 4.2 Million Personnel Records 13 Months Undetected How did we find out?

12 Understanding the Need 720,000 Compromised Taxpayer Accounts Undetected for 16 Months Aggregation of Data Hack or Data Breach?

13 Understanding the Need Edward Snowden Former Military Federal Contractor Top Secret Clearance Polygraph Exam Computer Professional Insider Threat

14 Understanding the Need Notification of problem by a customer, law enforcement, coworker, informant, auditor or other external person who becomes suspicious Detection by law enforcement investigators

15 How It Impacts Your Business Negative Media Attention Inability to Conduct Business Data Loss System Damage Loss of Corporate Trade Secrets Damaged Corporate Reputation Website Defacement

16 How it Impacts Your Business Potential Loss of Life Personal Injury Identity Theft Financial Damages False Accusations Co-Worker Threats Unclear or Unmet Expectations

17 How It Impacts Your Business Technology Standards Federal Acquisition Regulations Personnel Security Policies Access Controls

18 How it Impacts Your Business Increased Contractual Responsibility Application Across All Disciplines Potential Cost Increases Potential Audits Delayed Security Clearance Processing Increased Reporting Requirements Financial Penalties or Fines Contract Loss

19 Protecting Your Business Educate Yourself and Your Staff Review Contracts to Understand Responsibilities Implement Appropriate Policies and Technologies Inspect What You Expect Consult with a Professional Expert to Assist

20 Review Cyber security affects all government contractors not just IT providers You have a responsibility to implement and enforce cyber security policy within your organization Failure to do so could be costly Early adopters could have a competitive advantage

21 Questions? Angela Dingle, President Phone: (202)

22 Thank You For Participating Following this call you will receive links to the podcast of this session. For questions, please contact Lin Stuart at

23 Your Voice - Be heard!

24 Get Involved! Join a policy issue committee and learn how policy can impact your business growth Make your voice heard - become a member of our national Instant Impact Advocacy Team Participate in our educational series unlimited opportunities for you and your staff Receive weekly policy updates and briefings WIPP Questions? Contact WIPP Staff Program & Education Coordinator: Lin Stuart LStuart@wipp.org (415) Membership Coordinator: Lynn Bunim LBunim@wipp.org (415)