WEBVTT

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Hello and welcome to this videocast in which

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we'll look at how businesses can stay safe from cyber

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threats during the holiday season. I'm Warwick

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Ashford, a Senior Analyst at KuppingerCole Analysts

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and I'm joined by Danny Jenkins, CEO and Co-Founder of ThreatLocker. Welcome.

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Good morning and thank you for inviting me today.

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So Danny, the end of the year holiday season is

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coming up, supposedly the most wonderful time of

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the year, but we all know it can be the most

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vulnerable time of the year from a cyber crime

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point of view, with some reports claiming a 30%

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to 40% increase. In your experience, why is the

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holiday season from late November through December

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a popular period for cyber criminals to carry out

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attacks? Well really it's about time. The more

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likely a cyber criminal can cause damage, the

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more likely they're going to get paid. So cyber

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criminals often want to keep as much time on your

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network, encrypt as many files, extract as much

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data as possible. You're less likely to be caught

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on a holiday season where socks are running thin,

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users aren't paying attention to what's happening

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on their machine. If one machine's left unlocked,

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they can get onto that machine, they can use the

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whole weekend, or long weekend even, to do as

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much damage as possible. And there's also an increase

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in online activity transactions as well, I guess

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that also is a factor. Yeah absolutely, so people

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are traveling more, people are at the office

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more, they're more likely to click on things, there's

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people online more, they're more likely to get

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gift cards or be fooled into, oh you've been sent a

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Christmas gift card, or you've been sent this,

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and that's another reason they can gain access to

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those accounts. So now the next logical question

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would be, how can businesses protect themselves

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over the holiday period? But I'd argue that

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the holiday season should make no difference to a

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well-designed cyber security strategy, it should

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work equally well at any given time of the year,

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would you agree? No absolutely, so if you're

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doing everything right, the holiday period isn't going

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to make much difference, and there are a few

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extra things you can do, advising people to shut down

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their machines when they go home for the weekend,

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it might seem small but it means it's less likely

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to happen. Of course no one's bulletproof when it

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comes to security, but having the best technologies

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in place, and then putting an extra few steps in

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place, means that if the technology fails, if someone

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missed something, then it's less likely to be

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effective. Great thanks, so if we agree that the

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time of the year should make no difference to

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the level of cyber security resilience, I think

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what in your view are the key areas that

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businesses should focus on to reduce the likelihood of a

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successful cyber attack? I think if I was to pick

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the two areas, I'm going to focus on software and

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network, and the reason being every major cyber

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attack comes in one of two ways, one is a piece

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of software, a piece of malware, whether it's

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a backdoor vulnerability, or just an executable

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someone downloaded quick assist, or go to

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meeting from an attacker, so making sure you block

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untrusted software, making sure you limit what

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software can do in your environment, bear in mind

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every piece of software you run can see all of

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your data, so ring fencing technologies are really

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really cool for saying, okay this program can't

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see my files if it happens to be backdoor, whether

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it's a holiday season or not, it won't be able to

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access my data. The other thing is making sure you

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don't have open ports, shut down VPNs where you

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can, if you do have to have VPNs, make sure they're

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patched, make sure they've got limited access

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once they gain access to your environment, the amount

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of times I'll see someone get into a VPN then do

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a full network scan, gain access to servers, do

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remote encryption, again if you have a VPN it's

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probably to access one application, only allow

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it access to one application, so limiting open

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ports on your firewall, making sure your file,

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all those open ports are watched like a hawk, do

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regular port scans and make sure you're blocking

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untrusted software. And what about backup and recovery processes, I mean I know those are

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kind of considered to be old hat, but I mean

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we still we still need them. Backup and recovery

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isn't just about security, it's about things fail

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and when you're away for a long weekend too, if the

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power goes out no one's going to know the power's

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out and the UPS is probably just going to die and

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the server's going to shut down, you're more

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likely to have failure. Of course cyber crime is really

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about creating ransoms, making sure you don't get

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your data, if you can recover and restore your data

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having that in place is really really important as

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well, so make sure you've got a good backup, test

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that backup, but more importantly test the

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restore. What I'll always say is once a month go and do

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restores from your backup, quite often attackers

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will come in and change your backups to back up two

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terabytes of empty files, so you get your nice

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green backup report every month or every morning,

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but the reality is it wasn't successful because

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it backed up fake data. So testing your backups,

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making sure you've got good backup and recovery is really important as well.

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And how about automated response, something that kind of you know is going to just kick in

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even if somebody's asleep at the wheel or

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whatever at that time of the year, to kind of maybe

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complement the internal security team? Yeah actually and one

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of the things that has changed over the last two years is the

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speed in which attackers are I suppose causing impact. So an impact could be that they're

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encrypting your files or it could be that they're

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stealing your data. If we go back three years ago,

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attackers would come into your network or even a

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year ago and they'd look around, they'd do a scan,

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they'd do an IP scan, they'd enumerate

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privileges, maybe they'll create some admin accounts in the

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you'll see an admin account created, you'll respond, you'll see a privilege emulation,

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the SOC can respond. I saw an attack probably two

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months ago now, seven minutes from the moment they

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gained access to when they're exfilling data.

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So one of the things that we'll often suggest is

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creating automated response to tighten up

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security. So one of the policies I always recommend is

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in the event an indicator of compromise is

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triggered, you can't shut down a server automatically

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because the reality is 90% of indicators of compromise are false alerts, but maybe block

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admin tools. So if you go into my computer here and I went into PowerShell and try to

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enumerate privileges, I'll see PowerShell immediately close, I'll see command prompt

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close, I'll see registry editor close, I won't be

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able to open any of those apps within milliseconds

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that will happen. Now what this does is this

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means the SOC team now gets more time because you've

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just basically as an attacker had your hands tied

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behind your back. Quite often attackers will quit

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at that point. So if you can do that, if you're

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talking about servers automating, shutting down

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browsers as well, so no one can exfill data,

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shutting down of tools like Microsoft terminal

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services client. At the end of the day, if it's

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a false positive, as long as users aren't upset,

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it's not going to impact the business. But if

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it's an IT guy doing something, creating an admin

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account, enumerating privileges, they probably

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should have created a ticket and put a maintenance

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period in anyway. And if they didn't, hard

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luck, they're going to get delayed by 10 minutes.

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Sounds good. So any organization that's aiming to reduce its attack surface to an absolute

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minimum should consider getting an outside cyber health check to identify security gaps,

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the internal security teams may have missed. Would you agree?

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Absolutely. People often ask me, should I have multiple EDRs or should I buy this level of

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detection if I've got this? And I would say,

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look, the answer is always going to be, if you can get

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more security, you're better off. But it isn't

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really a case of should I have multiple EDRs or

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an antivirus and an EDR or a detection response on the network and the client. The answer,

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the question should be, would I be better off spending my money elsewhere?

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And quite often, I would always say, once

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you've put in basic controls, once you think you're

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secure, once you've got untrusted softwares blocked, once you've got an EDR in place,

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once you've automated your tools, have it

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tested. One of the things we'll actually do, this is an

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automated test. I think human tests are great as

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well, but we'll actually give you a report every

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day. It's called a defense against

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configuration report, where it will show you 170 checks on

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endpoint every day. Do you have these security

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controls in place? And we can do that even if

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you're not a customer. We can just do a free trial and show you what that looks like.

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So in the UK, for example, there is the National

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Cyber Security Center, NCSC, that offers a kind

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of checkable cybersecurity service, which is a

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free government's tool for UK organizations to run

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simple external checks on common

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vulnerabilities. But in terms of sourcing other health checks,

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what would your guidelines there be? I would assume that there are some things that they

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should avoid. Well, so I think being careful about, don't just download health checks on

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your machine. Make sure you trust the vendor.

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Make sure they're reputable. So I would always

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say you want an external pen test. We have multiple external pen tests in ThreatLocker.

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We have them organized by our CIO, but we also have them organized by the business side,

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the financial side, to make sure that the CIO isn't even necessarily testing. So having

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advanced paid pen tests is always a good idea. Unfortunately, it costs money. It could be

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$5,000, $10,000. It's not, or pounds. It's not

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necessarily cheap. But even free health reports,

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we'll do free health reports. We'll show you what

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software. There are good cybersecurity vendors out

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there and say, this is what you're running. This

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is what your risks are. And just have a look at

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them and see if you can get rid of them. And

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quite often, 90% of the risks found on a health report

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by you configuring your system properly, they can go away with no cost to you.

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And they're just going to harden your

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environment and not even bother the user because the user

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aren't using most of those configurations anyway. Great. Thanks, Danny. So in summary,

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the ways to reduce the likelihood of becoming a victim of a cyber attack at any time

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is to close any known gaps to reduce the attack surface of the organization. One,

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by controlling what applications are allowed to

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run in your business IT environment and what they're

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to do. Two, by controlling who has access to

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what under what specific circumstances and for

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defined periods of time. Three, by ensuring

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that you have tried and tested backup and recovery

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processes. And four, by ensuring that you have

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24 by seven monitoring detection and response

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capability, supplementing internal capabilities with external services when necessary.

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Any closing thoughts from you, Danny? No, I think

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that's really it. Making sure you put those basic

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controls in place, closing network ports,

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making sure you close internal ports as well, because

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untrusted devices on your own network can be a big problem. And having that 24 hour a day,

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it's really important because you want a

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service that doesn't go home on Christmas Eve and say,

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unfortunately, we have a whole bunch of people

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here in ThreatLocker that work 24 hours a day.

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Well, they don't, but the team does. And they

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get to work on the Christmas shift. It sucks,

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but for them, but it means that someone's watching your systems when you're at home,

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enjoying your holidays. Thanks, Danny, for

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joining us and sharing your insights into the key ways

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businesses can reduce their attack surface throughout the year and not just during the

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holidays. And thanks to you for watching. We hope that you found it useful. Thank you.

