Cyber Beat Live: Power grids and cyber attacks, part 1
Some analysts think that a successful attack on the US power grid is only a matter of time, but others dismiss such an event as remote. However, research conducted by US government experts revealed that in fiscal year 2015, US critical infrastructure suffered a 20 percent increase in cyber incidents. Moreover, in a 2015 survey of 20 different countries in the Americas, 53 percent of respondents said that they had seen an increase cyber attacks on critical infrastructure in the preceding year.
This podcast is adapted from the monthly live web show Cyber Beat Live, in which IBM’s Bob Stasio talks with a range of industry influencers about the latest news in cybersecurity. For more, tune in to Cyber Beat Live on the Big Data & Analytics Hub.
Bob Stasio is a senior product manager of cyber analysis with IBM i2 Safer Planet. He brings nearly 14 years of expertise fighting top-tier malicious actors in his work in the intelligence community, the US military, the National Security Agency (NSA) and the commercial sector. Stasio also served on the initial staff of US Cyber Command. During the troop surge of 2007, his intelligence unit supported the detainment of more than 450 high-value targets.
Mobolaji “Manny” Moyosore is head of security design and threat and vulnerability management with Tesoro Companies. He draws on more than 14 years of IT experience, as well as more than a decade of information security experience cutting across multiple continents and industry verticals. Moyosore provides thought leadership, strategic direction, subject matter expertise and innovative ideas for supporting and defending organizational crown jewels against unauthorized access, disclosure, destruction and alteration. Although his experience and skills span the entire information security domain, he brings a primary focus on information risk management, threat modeling, security architecture, vulnerability management, security policies and standards, and controls gap analysis.
Michael Riley covers cybersecurity as a reporter for Bloomberg News, Bloomberg Television and Bloomberg Businessweek magazine. Among his groundbreaking work, Riley wrote the first profile of PLA Hacking Unit 61398 seven months before Mandiant’s APT1 report, broke the story of the massive JPMorgan Chase breach in summer 2014 and coauthored the first account of the destruction of Sands Casino Corporation computers by Iranian hackers—a report later confirmed by Director of National Intelligence James Clapper during testimony before Congress. Riley, who was named 2014 Business Journalist of the Year by Talking Biz News, has won national journalism awards from many distinguished organizations, including the Overseas Press Club, the American Bar Association, Columbia University and the Society of American Business Editors and Writers. In 2012, he published a well-regarded investigative series on cyber espionage that featured a profile of the Shanghai-based Comment Group. Before coming to Bloomberg in 2010, Riley served as a national reporter for the Denver Post for eight years, during which capacity he won a number of prestigious journalism awards, including the American Bar Association’s Silver Gavel award, Columbia University’s Paul Tobenkin Award and the Society of American Business Editors and Writers “Best in Business” award.