BI.ZONE at the Cyber Polygon session in Davos: more than 80% of companies worldwide are not ready for cyber crisis
The World Economic Forum in Davos held the first session associated with the Cyber Polygon project— an annual international online exercise for tackling global cyber threats. The exercise is an official initiative of the Forum and BI.ZONE, as well as the first collaborative initiative between the Forum and the Russian company under the umbrella of the Centre for Cybersecurity.
The session was opened by the Forum’s Managing Director and Head of the Centre for Cybersecurity Alois Zwinggi, then the discussion continued with the participation of Sberbank Deputy Chairman Stanislav Kuznetsov, BI.ZONE CEO Dmitry Samartsev, and Zurich Insurance Group CEO for Europe, the Middle East and Africa, and Bank Distribution Alison Martin. The speakers discussed the current situation with cybercrime in the world, examined various approaches and strategies for ensuring cybersecurity in organizations, and also talked about how companies should communicate with the media and maintain their reputation in the event of a major cyberattack. Finally, in the centre of the discussion was the question of cooperation between private companies and the public sector, which the participants called an essential condition for defeating cybercrime.
The exchange of best practices and the development of collaboration—these are the main goals of Cyber Polygon, which this year will be held on July 8, on the eve of the third International Cybersecurity Congress (ICC). The first exercise took place in June 2019, and was attended by Sberbank, New Development Bank (China), Transtelecom (one of the largest telecommunication companies in Kazakhstan), MTS (one of the largest telecommunication companies in Russia) as well as the Department of Information and Communications Technology of the Philippine Government. Spectators from 24 countries joined the online broadcast of Cyber Polygon. The results obtained during the exercise unambiguously prove the effectiveness of cooperation—during the training, the participants exchanged data about the detected cyber threats through the BI.ZONE ThreatVision platform, and this increased the speed of incident response by 7 times. More details are available in the report on Cyber Polygon’s official website.