Central Bank to detail key initiatives at Cyber Security Summit tomorrow

Monday, 24 June 2013 02:03 -     - {{hitsCtrl.values.hits}}

The Central Bank will detail several of its key initiatives in dealing with cyber security at the multi-stakeholder driven top summit on the subject co-organised by the Daily FT tomorrow. At the Cyber Security Summit 2013, which will be headlined by Secretary to the Ministry of Defence and Urban Development Gotabaya Rajapaksa as Chief Guest and Central Bank Governor Nivard Cabraal as Guest of Honour, the threat of breaches on cyber security to organisations will be dealt with by international and local experts. The banking sector perspective and dealing with cyber security and initiatives will be explained by Central Bank’s Deputy Governor Dr. Nandalal Weerasinghe during his presentation at the full day Summit at the Cinnamon Lakeside, Colombo. Held under the aegis of the US-based EC-Council, the world’s largest vendor-neutral cyber security education provider, the summit is co-organised by the Daily FT and CICRA Consultancies, a premier cyber security education provider in Sri Lanka. EC Council President Jay Bavisi will deliver the keynote address whilst the inaugural session will focus on national preparedness against cyber attacks. It includes a panel discussion with speakers Cabraal, Bavisi and Dialog Axiata Group CEO and Director Dr. Hans Wijayasuriya as panellists. Other experts who will make presentation are Cisco India and SAARC Head of Security Business Diwakar Dayal speaking on Cloud and virtualisation: Cutting costs vs. cyber threats; LIRNEasia Founding Chair Prof. Rohan Samarajiva on “Trust in electronically mediated environments:  Why we need cyber security,” Business Software Alliance Consultant, Sri Lanka Committee Shalini Ratwatte on “Piracy: The unexpected cause of cyber security risks” and CICRA Consultancies Ltd. Head of Consultants and Master Trainer Krishnan Rajagopal on “Securing the Code: Penetration testing beyond compliance.” Given the widespread threat to cyber security, the thrust to enhance awareness and likely solutions to mitigate risks, 25 June will also see a leadership forum targeting CEOs and a ‘Night Hack’ an evening informative session with live demonstrations on cyber-related vulnerabilities. Breaches in cyber security have increased and more recently, Sri Lanka had been identified as world’s eighth most vulnerable for attacks as the use of computers, internet, intranets, emails, social media, and mobile devices and overall technology grows rapidly. The threat of cyber security is no longer the area of concern for IT departments only but affects all functions in an organisation, all sectors across the economy and individuals alike. In that context the three back-to-back events on 25 June will provide participants insights into best practices in acquiring, implementing, managing and measuring information security postures of their organisations and countermeasures. They will also highlight the latest flaws in information security that affects the global community including private sector corporations and governments. Discussions and presentations will revolve around some of the most malicious attacks and potential cyber threats. The EC-Council is the owner and developer of the world famous Certified Ethical Hacker course (C|EH), Computer Hacking Forensics Investigator program (C|HFI), License Penetration Tester (L|PT) program and various other programs offered worldwide. These certifications are recognised globally and have received endorsements from various governments including the US Federal Government via the Montgomery GI Bill.  The Pentagon in US has also selected the EC Council as their training partner for Cyber Security. Considering the importance of enhancing awareness and available remedial actions at public and private sector level via the national summit, the event has drawn widespread support. ICTA has endorsed the event as strategic partner whilst international industry organisation Business Software Alliance is lending its support as advocacy partner. Cisco is the Principal Sponsor, Dialog Axiata is the Platinum Sponsor and HSBC is the Official Bank. The venue of all three events, Cinnamon Lakeside Colombo, is the Hospitality Partner and Union Assurance is the Official Insurer. Creative Partner is Triad Digital and Electronic Media Partners are TV Derana, FM Derana and www.adaderana.lk.

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