Large-scale data breaches are now regular fixtures in the
headlines, and as cybercriminals become more sophisticated, corporations and
governments are rushing to keep up. “In almost four decades of security work, I
have never witnessed a threat environment that has this type of volume,
velocity and variety,” security
expert Ray Boisvert told the Association of Certified Fraud Examiners (ACFE). “The
myriad of threat actors, now spanning an entire globe with increasingly sharp
capabilities to strike remotely, has now completely redefined for us what
security parameters look like.”
Boisvert, associate partner of security for IBM Canada
and former assistant director of the Canadian Security Intelligence Service,
will address hundreds of anti-fraud professionals in Montreal this October at
the 2019 ACFE Fraud Conference Canada. “We're
not winning this war of digital security,” he said. “We've found some areas of
success, and admittedly some strong avenues of resilience pursuit, such as AI,
automation and orchestration. But the costs of a data breach keep rising.”
He believes that organizations, both in the private and
public sectors, focus too much on external threats when they should be more
concerned about insider threats. “[We] forget that data loss can and does
frequently occur from the inside; mostly unwittingly, but increasingly through
malicious acts.” He also stressed that although organizations are getting better
about preparedness and response, most organizations don’t have an effective
cyber incident response plan, which spells trouble for their data. “As
witnessed in a number of recent high-profile cases, personal identifiable
information is more valuable a commodity in the criminal world as are financial
instruments such as credit cards.”
Attendees will gather at the Montreal Convention Centre on
October 20-23 to hear from Boisvert, as well as other thought leaders like Henry
Tso, CPA, CGA, CFF, director of investigative and forensic services for MNP, David
Common, host and correspondent for CBC News, and others.
Concurrent sessions will include discussions about
privacy in health care fraud investigations, the Internet of Things, money
laundering in Canada and more. This conference is an invaluable opportunity to
hear from today’s anti-fraud leaders and for journalists in the region to meet
and cultivate expert sources for future stories.
Visit FraudConference.com/Canada
for more information.
About the
Association of Certified Fraud Examiners
Founded in 1988, the ACFE is the world’s largest
anti-fraud organization and premier provider of anti-fraud training and
education. Together with more than 85,000 members, the ACFE is reducing
business fraud worldwide. For more information, visit ACFE.com.