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2024’s Cybersecurity Reality; the end of cyber risk.

October 10, 2024
Keynote Theatre 1 LA

After food water and shelter we have included energy & internet (#socialmedia)  as our basic needs. Yet in today’s age, cybersecurity is essential to secure out modern basic needs.  It only takes one compromise, data breach or downtime from ransomware go from making it to recovering it. Coca-Cola, Uber, and Siemens can recover from an incident, but this is not because we are too big to fail. It’s because we quickly know what has happened and have mitigation plans with a resolution in place. All anyone can do is be prepared for the worst. However, this might change the destiny of an early initiative. There is no company that is not a target, especially with the supply chain and integration of today,  your data or access to others is always of interest. As 15% of the world energy generation depends on SE systems to continue to operate without interruption. Our investments in cyber defence are to scale considering the criticality to humanity but also our shareholders risk adversity. Something that does not go unnoticed in the adversary community which leads to the exploration of easier avenues to target low hanging fruit & reap similar financial returns with less effort to achieve intended goals. Success comes at a cost, if you are not prepared, it will be short lived. To succeed in today’s world, cybersecurity needs to deep rooted in the core to your business strategy from day 1.

Speakers
Mex Martinot, VP & Global Head of Industrial Cybersecurity - Siemens Energy