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Managed Security Edition July 2022 CYBERSECURITY: SOLVED AND SIMPLIFIED John Araneo, General Counsel & Managing Director Vinod Paul, Chief Operating Officer Chris Zadrima, Sr. Director of Managed ServicesTHE ANATOMY OF THE NEW FRAUDSTER AN ESSENTIAL GUIDE FOR FINANCIAL INSTITUTIONS SCAN TO DOWNLOAD bpcbt.comVisualizers Nicholas Wilson Monica PhilipLeona George Printing and Circulation Sandy Philip Christopher MarkusAlex George Graphic Designers James WilliamsAndrew Sebastian editor@grcoutlook.com Michael Robert Edward JohnDave Walker Editorial staffs Sujay Kodoor Scott Morson Creative Team Vishnu Santhosh Natasha Jacob Managing Editor Editor-in-Chief At GRC Outlook Magazine, a team of industry veterans, editors, and cybersecurity specialists are on a constant quest to portray the best and the most innovative security solutions available in the industry so that you don’t’ have to take the trouble of finding the finest technology partner. In addition, our print and digital magazine provide CIO's and CISO's viewpoints on the latest security and compliance trends that are existing in the industry. Letters and Insights At GRC Outlook, we always look forward for your valuable feedbacks, comments and insights that could help us build better stories and enhance our reader’s experience. Please send your insights and comments to the editor to our office address or email. Advertising As a publisher, ads are the fuel that drive our customer’s growth. Let the world know your brand better with our customized advertising plans. Take advantage of our huge readership that includes CEOs, CTOs, and top-level business executives. For more information, drop an email to sales@grcoutlook.com. Publishing and Reprints We provide customized reprints and copies of articles as per your requirements. Get in touch with our team for a copy of the magazine or your article separately. Copyrights and Purchase All rights reserved. No portion of this magazine may be reproduced in any form, physically or electronically, without prior permission from the publisher, except as permitted by U.S. copyright law. For permissions contact: ICON Media Inc. 30 N Gould St Ste R Sheridan, WY 82801 (646) 396 6545 Richard Taylor Jennifer LetaLowrence Tse Benny DavisSam Morris Sales benny@grcoutlook.com sales@grcoutlook.com Copyright © ICON Media Inc. 2022 Subscribe @As organizations are increasing their reliance on IT solutions, cybersecurity is always going to be a hot topic. Moreover, cyber security has never been more challenging to business survival in terms of ensuring continued business operations, while protecting against reputational damage associated with data breaches. In addition to established technologies that could redefine the security solutions space, there are emerging technologies and trends that are seeing rapid development and adoption on their way to becoming central to cyber security. These technologies and trends ensure that businesses are adopting the right cyber defense strategy and that their capabilities remain up to date. This is where Managed security service providers work as business partners to enhance their cybersecurity posture while aligning with the changing regulations. These service providers come with the right level of expertise with a blend of innovative solutions and service partners. This way, businesses could better manage their security without worrying about the changing attack patterns. To help our readers learn more about the cybersecurity space and to dive deeper into the modern cybersecurity and managed services landscape, we’ve developed this special edition on Top Managed Security Solution Providers. This special edition features an array of service providers as well as insights from some of the most prominent IT experts in the industry today. We hope this edition adds value to your cybersecurity initiatives. Voice of the Editor Natasha Jacob Editor-in-Chief THE NEXT SECURITY LEAP IS AHEADCybersecurity Made Easy with Alert Logic Cyber Defenders to Stop Cyber Security Delivering Strategic Security and Peace of Mind ALERT LOGIC TRUSTWAVE SECURITYHQ Onkar Birk, Managing Director Eric Harmon CEO Feras Tappuni, CEO 19 31 24 Vinod Paul, Chief Operating Officer28 323436 DATA SECURITY IN RESEARCH IS MULTI-LAYERED, COMPREHENSIVE AND CROSS- DEMOGRAPHIC DATA SECURITY: GOING BACK TO BASICS SUCCEED WITH A ROBUST POSTURE AND A SIMPLE APPROACH THE CHALLENGES WITH A CONVENTIONAL APPROACH TO RISK MANAGEMENT SECURITY ASSESSMENTS AND THEIR ROLE WITHIN PROACTIVE AND REACTIVE CYBERSECURITY CYBER FALLOUT IS COMING WITH FORM 8-K DISCLOSURE GOOD IDEA IN THEORY – OR TOO MUCH DEVIL IN THE DETAILS? IDENTITY’S ROLE IN ISO 27001 COMPLIANCE Arundati Dandapani, Chief Editor & Intelligence Officer (CIO), Canadian Research Insights Council (CRIC) Ahmad Zamer, Senior Product Marketing Manager, Faction Karl Viertel, General Manager GRC, Mitratech.com Dave Bailey, Vice President of Security Services, CynergisTek Jason Hicks, Field CISO, Coalfire Chris Niggel, Regional CSO, Okta 26 22 CYBERSECURITY: SOLVED AND SIMPLIFIED CONTENTSCOVER STORY Our commitment is to continue to scale our solutions with an enduring focus on the financial services vertical and align our solutions to our customers' goals. Fundamentally, our clients are our greatest partners, we focus on the customer experience and that has led to successful long-term relationships with our clients for Align Managed ServicesVinod Paul, Chief Operating Officer CYBERSECURITY: SOLVED AND SIMPLIFIED A s today’s financial institutions “Align” their business goals, managing the business risks behind cybersecurity has become an essential priority for every organization. The fact is that cybersecurity has become a multi-factorial business challenge and that requires a multidisciplinary approach. When it comes to the financial services industry and the alternative investment management (AIM) space, it is a unique challenge that affects every facet of business operations. While most investment management firms typically lack the extensive corporate governance resources and stature of their enterprise-size brethren, its impractical, if not virtually impossible, to gather the requisite full ensemble of subject matter expertise, tools, staff, and other resources, which would otherwise be necessary to truly build and maintain a model cybersecurity program. Bridging this gap between the financial services industry and their distinctive security requirements is Align Managed Services—the leading global provider of cutting-edge solutions encompassing everything from cloud computing to cybersecurity services, allowing businesses to focus on strategic priorities instead of daily IT (Information Technology) operations. The company has cultivated the technical, regulatory, operational, technological, governance, and security expertise to support their clients in every phase of its cybersecurity lifecycle, from right-sizing the design of an appropriately scaled cybersecurity program, to the cadence at which the client decides to mature and enhance the program, the day-to-day oversight of typical cyber events, and real-time access to the expert staff in the face of a breach or other cyber event. “Our solutions are comprehensive but also modular and autonomous; this allows our clients to co-source their cybersecurity compliance and IT needs to our team,” begins Vinod Paul, Chief Operating Officer of Align Managed Services. Next >