Protecting ourselves from Sharks when the Danger is Falling Coconuts

The Afternoon Speaker at the ISACA-CACS, Eddie Schwartz began by pointing out that the number of people who die on the beach due to Sharks is far far lower than those who die due to falling Coconuts! In his frank and down-to-earth presentation on "Why some Organizations are winning the Cyber War?", he gave a lot of insights on the issues in IT Security due to Cloud Computing.

He says prevention is not really possible as the threats and vulnerabilities in Cloud Computing are too many. Moreover, it is difficult to identify the perpetrators. He suggests Continuous Controls Monitoring and Advanced Threat Detection Systems. We need to be always aware of threats and potential threats to our security systems.

Summary: The solution seems to be a proxyt based ATDS coupled with continuous session monitoring.

The next speaker on Data Loss Prevention and Digital Rights Management was Mark Ames, an Aussie. He put a lot of store by Identity Management which is just french for Encryption and Password Control. The real threat is still from outsiders then.