2016 ENFUSE CONFERENCE: ‘Cyber security is now the number one risk,’ says Daniel Tobok

Daniel Tobok
Posted on: May 25, 2016

LAS VEGAS, NEVADA – May 25, 2016 – “Over the last decade, we have seen all types of businesses get hacked – from big box stores to smaller retailers, hospitals, and government. Even the FBI and CIA have been hacked. No one is immune from cyber security risks,” is the message that Daniel Tobok, CEO of Cypfer will impart to attendees at Enfuse Conference, an exclusive, invitation-only lunch and panel discussion at Caesars Palace. Tobok has 18 years of hands-on experience in cyber security. He has personally participated in more than 1,000 computer forensic investigations and more than 800 security audits and risk analysis engagements. Enfuse 2016 is a 3-day security and digital investigations conference where specialists, executives, and experts break new ground for the year ahead. The 2016 conference features more than 120 sessions, keynotes, an expo hall, networking events, and an exclusive invitation-only executive panel. The title of the lunch is “CyberRisk: From the Breach to the Boardroom,” and will feature Daniel Tobok and Dr. Jennifer Golbeck, a pioneer in the field of social data analytics, discovering people’s hidden attributes from their online behavior, and a leader in creating human-friendly security and privacy systems. She is an Associate Professor at the University of Maryland. The session will be moderated by Patrick Dennis, president and CEO of Guidance. “In 2016, it is not a question of ‘if’ you will get hacked but ‘when.’ And then the main questions asked of any Board will be the cyber equivalent of the Watergate scandal that caused the impeachment of former US president Richard Nixon: What did you know? When did you know it? And, what did you do about it?” “Wise Boards take cyber security very, very seriously,” says Tobok. “The risks are real and can range from annoying your customers for having your client information leaked, to financial losses in the millions, to having your confidential information stolen by your competitors, to having your stock price plunge due to loss of investor confidence. And, your reputation suffers because you’re in the news for all the wrong reasons.” “Then there is critical infrastructure such as water filtration, gas, hydro, the traffic grid, pipelines, airports and transportation hubs and all aspects of the military that when hacked, are likely to cause mayhem and panic,” says Tobok. And then there are those professions, such as law and medicine, where client-lawyer and patient-doctor confidentiality are paramount. When there is a cyber breach, law firms and hospitals must then deal with questions from regulators. He says Boards must first acknowledge that cyber risk is real, and take the necessary precautions to prevent a cyber breach. Frequently, the basic things are left undone. Admin passwords are never changed from their default settings of ABC123. Or, software upgrades and patches are not performed. Or, if an administrator leaves the company, the system passwords are not changed. “The biggest change is Boards have to understand that good preventive, managed services are valuable and part of doing business in 2016. Most of the time, organizations pay for something to happen. With cyber security, you pay to prevent something bad from happening to your company. A mind shift change is needed,” says Tobok. Cypfer is the elite force of global cyber security. The firm offers cyber breach response (hacking incidents), digital forensics, and proactive managed services. Cypfer only employs top global talent to serve clients; the firm is headquartered in Toronto.