OASIS International Cloud SymposiumOctober 11, 2011London, England

www.oasis-open.org

Agenda

2

Introduction to IT-ISAC

Drivers to the Cloud

Current Threat Environment

Cloud Considerations

Risk Management and Collaboration

IT-ISAC Mission

Share: Report, exchange, and analyze across the IT sector information on electronic incidents, threats, vulnerabilities, solutions and countermeasures, best security practices, and other protective measures;

Trust: Establish a mechanism for systematic and protected exchange and coordination of information and trusted collaboration; and

Lead: Provide thought leadership to policymakers on cyber security and information sharing issues.

What we do Facilitate Analyst to Analyst Collaboration: SIGS and AGs

are member driven and bring together subject matter experts from member companies. Join the analysts from some of the world’s leading IT companies.

Enhance Situational Awareness: Analytical products from SIGs and AGs are distributed throughout the IT-ISAC membership. Together, these topic specific products provide members with the latest threat analysis on key security and business topics.

Support International Response: An effective global response and analytical capability provides for more timely alerting and incident response.

Who We Are

Foundation MembersBAE Systems, IT

CA, Inc.

Cargill, Inc.

CSC

eBay

HP

IBM

Intel Corporation

Oracle USA, Inc.

SRA International

Symantec Corp.

Verisign, Inc.

Silver MembersAfilias, USA

Cisco Systems, Inc.

Juniper Networks

NeuStar

Bronze MembersAT&T

GE

Lockheed Martin Corporation

Microsoft Corp.

Prescient Solutions

SAP Labs

Drivers to the Cloud More complex threat environment, more devices to secure, and

more complicated infrastructures increases the complexity of securing networks and data

Economic downturn constrains budgets Forrester reports IT Security Budgets relatively steady from

2010 – 2011 despite increase threat Cloud Computing has potential to drive down IT Security and

Business continuity Gartner: Cloud Services Revenue expected to be $148 billion in

2014, up from $68.3 billion on 2010

Forrester Source: http://www.eweek.com/c/a/Security/Security-Spending-Priorities-for-2011-to-Include-Firewalls-Blocking-Tools-650650/

Gartner Source: http://www.cioupdate.com/news/article.php/3889106/Cloud-Services-Market-Seeing-Explosive-Growth.htm

Exponential Malware Growth

According to Symantec Corporation: 2002: 20,000 malicious signatures 2010: 286 million unique variants of malware 600,000 variants per day!!

According to McAfee: 2001: 9,000 individual pieces of malware 2010: More than 20 million new pieces of

malware 2011: First half more than 12 million unique

malware samples (Busiest ever 6 month period).

Mobile Threats As use of mobile devices increase, so does

the number of malware targeting mobile devices

McAfee reports malicious activity up 46% from 2009 – 2010

Q1 2009: 600 pieces of mobile malware Q2: 2011 1,200 pieces of mobile malware

Symantec reported a 42% increase in mobile operating system vulnerabilities from 2009 - 2010

Economic Costs Symantec estimates total economic loss globally at $388 billion

per year.

RSA attack cost it $66 million

Epsilon data breach estimated to cost $225 million

Symantec Source: http://www.symantec.com/about/news/release/article.jsp?prid=20110907_02

RSA Source: http://www.washingtonpost.com/blogs/post-tech/post/cyber-attack-on-rsa-cost-emc-66-million/2011/07/26/gIQA1ceKbI_blog.html

Epsilon Source: http://www.btobonline.com/article/20110502/EMAIL04/305029957/epsilon-data-breach-damage-could-hit-225m#seenit 9

Key Problem

Industry and Government do not view risks in the same way. Therefore, it is

difficult to develop a common understanding on appropriate

measures and strategies.

Industry View

Manage and accept certain risk Cyber security is managed as a business risk, not a national

security concern

Balance security spending against other business costs

Money spent on cybersecurity cannot be spent on marketing

Lines of responsibility are clearly defined Accountable to shareholders and customers

Government View Tries to eliminate risk

National security risks differ from business risk

Generally have a zero tolerance for risk, especially concerning the private sector

Claims private sector “is not doing enough”

Lines of Responsibility not well defined Agency heads, Department heads, Agency CIO,

Department CIO, Legislative committees etc.

Corporate Risk Management Identify, prioritize and protect key IP and data

Migrating to the Cloud should be part of an overall business strategy

Promote security as an integral component of business, not a cost of business

Institutionalize security into all aspects of company

Engage, and encourage your cloud providers to engage, in forums that enable trusted information sharing to identify common threats and mitigation techniques

National Risk Management

2009 IT Sector Risk Assessment Identify 6 IT Sector “Critical Functions” Develop “attack trees” to identify risks to

those functions Examine capabilities needed to

successfully disrupt the function Consider mitigation activities Creates a national sector Risk Assessment

Cloud Security Considerations The Cloud can reduce security costs but is also becoming a

huge target— the cloud provides a “one stop shop” for threat actors

Cloud providers have been successfully attacked

Legally complex environment Who owns incident management: the customer or the provider? What information can be shared across national borders?

What forums exist for cloud providers to share incident and threat information and mitigation strategies

Defense cannot be done in isolation Should SLAs require providers to participate in ISACs or with

National CERTs?

How to move forward? Understand industry and governments’ risks perspectives are not

the same Recognize business and national security interests are not the same

Build common situational awareness Actively share and collaboratively analyze threat information within

industry, between industry and government, and across national borders Use purchasing power to require vendors to actively participate in

information sharing forums. Link national CERTs and sector ISACs

Prioritize what needs to be protected Focus on areas where we have common security concerns and needs

IT-ISAC Operations Construct Shifting focus from vulnerabilities to threats and

indicators Companies need more timely, high-quality, analyzed information

on threats Better leveraging global networks of members to create

enhanced situational awareness Develop internal communities focused on specific issues

of common interest Aggregate analysis from communities of interest to provide

greater depth and breadth to members Broadening scope and membership internationally

Cyber by nature is international, so we need an international capability

Conclusion We’re operating in a new environment and still do not

understand all the risks The threat is changing more quickly than a regulatory environment can

address

The Cloud is already being attacked As more data moves to the cloud, we’ll see more attacks on the cloud

International collaboration is essential, but we need to prioritize Leverage ISACs and CERTs to share and analyze threat information

and incident indicators Link CERTs and ISACs to build a global incident response

capability

Scott C. Algeier

Executive Director, IT-ISAC

+1 703-385-4969

salgeier@it-isac.org

www.it-isac.org

Thank You!!