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Security Consulting Edition CONSULTING COMPANIES 2022 TOP SECURITY June 2022 DETECT, PREVENT & PROTECT ALACRINET CONSULTING SERVICES Brian Bouchard, President & CEOTHE ANATOMY OF THE NEW FRAUDSTER AN ESSENTIAL GUIDE FOR FINANCIAL INSTITUTIONS SCAN TO DOWNLOAD bpcbt.comwww.complycube.com BuildTrust And Eliminate Fraud • Achieve robust and global AML/CTF compliance • Perform extensive KYC and KYBchecks effortlessly • Keep fraudsters at bay with cutting-edge biometric verification • Remove unnecessary friction and decrease customer dropouts Verify your customers’ true identity faster than ever with our market-leading SaaS platform.Visualizers 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 @The growing cyber threats with the changing cybersecurity landscape are accelerating the growth of cybersecurity solution providers. While IoT, cloud, and remote work culture are some of the most recent technologies and trends that necessitate a high level of security, the rising regulatory requirements add complexity. The information security consulting market size was valued at USD 24.28 Billion in 2020 and is projected to reach USD 48.04 Billion by 2028. PR Newswire also reported that Cyber Security Consulting Market to Surpass US$ 28.22 Bn by 2031. This is a huge market growth that any other industry has made. The growing trend of BYOD in enterprises and the complexity of networks in organizations in non-IT sectors have propelled the demand for cyber security consulting services. Meanwhile, the demand for managed security services in various organizations is anchored in the burgeoning risk of cyber security attacks. To help businesses align with the changing cybersecurity consulting solution space as well as to help understand the rising threat levels, we’ve crafted this special edition on cybersecurity consulting service providers. This special edition features some of the most cutting-edge service providers as well as the companies that are creating an impact in the industry. We’ve also included insights from some of the leading industry experts as well as people who are working closer to the industry. We hope this edition adds value to your consulting requirements. Voice of the Editor Natasha Jacob Editor-in-Chief THE GROWING CYBERSECURITY MARKET!CONTENTS 08 Page No DETECT, PREVENT & PROTECT ALACRINET CONSULTING SERVICES CONSULTING COMPANIES 2022 TOP SECURITY Brian Bouchard, President 18 26 30 22 36 DATA GOVERNANCE IS MORE THAN JUST RULES AND BEST PRACTICES WHY YOUR APPROACH TO CYBERSECURITY MAY REQUIRE SHIFTING YOUR MINDSET CYBER RISK ASSESSMENTS: WHY ORGANIZATIONS NEED THEM AND WHAT THEY ENTAIL HAVING HUMANDEBT IS THE BIGGEST RISK FACTOR MODERN ENTERPRISES FACE TODAY TOP 5 SECURITY THREATS IN FINANCIAL SERVICES IN 2022 IGNORANCE IS NOT BLISS WHEN IT COMES TO SECURITY ASSESSMENTS Rajeev Peshawaria, CEO, Stewardship Asia Centre Kumar Ritesh, Founder & CEO, CYFIRMA Michelle Drolet, CEO, Towerwall Duena Blomstrom, Co Founder & CEO, PeopleNotTech Robert Mallernee, CEO, Eton Solutions Kelly O’Brien, CCTA, CD- PSE, CISA, CISM, CRISC, CFE, PCI-QSA, CM- MC-AB (RP) Cybersecurity Practitioner, Compass IT Compliance GRC INSIGHTS 24 16 Cybersecurity Compliance and Audit Services A - LIGN Scott Price, Founder, CEO Mitigating the Risks in Privacy and Security CRANIUM Patrik Ferwerda, CEO 20 Security to Evolve Beyond Threats TRUSTEDSEC David Kennedy, Founder, CEO 28W hile businesses are promoting the work-from-home culture, the number of vulnerabilities is also increasing every day. To tackle these challenges, businesses are implementing a variety of cybersecurity solutions including penetration testing tools, vulnerability management systems and next generation firewalls. However, at times, the technology alone is not enough to complete the security ecosystem, the role of an expert is inevitable. This is where Alacrinet Consulting Services, an IT Security consulting firm focused on delivering best-in-class enterprise cybersecurity solutions, is creating a difference. Alacrinet not only helps businesses plan, implement, and manage a complete security approach but also provides cybersecurity staffing capability. “We have recruiters, and the perfect cybersecurity expertise that we offer to customers on a full-time basis or on a contract basis,” begins Brian Bouchard, President & CEO, Alacrinet Consulting Services. DETECT, PREVENT & PROTECT COVER STORYALACRINET CONSULTING SERVICES CONSULTING COMPANIES 2022 TOP SECURITY We're like a professional concierge that works on behalf of the customer to help them find and get fit into the right solution Brian Bouchard, President & CEONext >