Overview of largest information banking cyber heists in recent times.

1. Jorge Sebastiao
Largest
Financial
CyberHeists

2. They want your Cash $$$

3. Complexity is a Threat…

4. High Risk Appetite?

5. Organized Cyber Crime

6. Sophisticated Cyber Attacks

7. Org. Crime Credit Cards for
Sale

8. Crime as a Service
3.0

9. 2003 Bagdad $1Billion

10. $1Billion = 10 Tons

11. 2007 Bagdad $282
Million

12. Largest Cyber Bank Attack
• Dry-run $5 M
• 11 Credit Cards
• Compromised Outsourcing
• Security Maturity
• Lack of 24x7 failsafe monitoring
• Time of Detection & Response
• Impact $40 M, Total $45M

13. Largest Bank Attack-1

14. Largest Bank Attack-2

15. Largest Bank Attack-3

16. Largest POS Attack
40+Million cards Exposed

17. Using USB to attack ATMs

18. Blurred Lines

19. Connecting the …

20. Bitcoin MtGox
$350M

21. MtGox…Crisis
Strategy

22. Effective Countermeasures

23. Increase your
Agility…P>D+R

24. Big Data Cyber
Analytics

25. Proper Security Metrics

26. Align Infosec to your
business

27. Don’t forget Attention to detail

28. Sharing Cyber Attack
Knowledge

29. Simplify it works…

30. “Security is
a continuous
skilled
process… which
requires thought
and attention to
detail…”…
http://linkedin.com/in/sebastiao