The Hammonton Gazette 12/12/18 Edition | Page 5

Alloy Silverstein holds symposium on cyber security Page 4 • Wednesday, December 12, 2018 • The Hammonton Gazette TREE, from Page 1 Reynold Cicalese iii, who talked about the new security compli- ance standards from the American institute of Certified Public Ac- countants (AiCPA), as well as the lessons learned from the 2017 equifax data breach that 2017 the sensitive personal information of 143 million people. Cicalese iii stressed the impor- tance of taking a proactive ap- proach to cyber security and making sure there are multiple protective measures in place to protect one’s personal information and prevent another security breach from happening. “We recommend you look at your credit reports at least once a year. You should definitely con- sider looking into the cyber secu- rity and how you’re doing that, how that’s performing, getting some sort of engagement done on that. But it’s very important that you don’t just do nothing; you have to do something,” Cicalese iii said. Cicalese iii was succeeded by Mary Anne Schafer, president and founder of SMi Network and Cloud experts, whose presenta- tion observed the significant ef- fects the current new technology era (also known as “the digital transformation”) has had on the way businesses operate and com- municate. However, while technological advances like cloud connectivity services and virtual private net- works (VPNs) have allowed for the rise of many new information resources, Schafer said they have also created more threats for cyber-attacks on businesses and their employees. “Our threat for attack has been increased so dramatically because the doors that open in our business every day for new information re- sources that we’re connecting to only give us more and more expo- sure that we have to be sensitive to … We really have to make sure that our secured information is au- thenticated, that we don’t want unreliable resources getting into our infrastructure,” Schafer said. Scott Kinka, founding partner and chief technical/product devel- opment officer of cloud strategy company evolve iP, gave a pres- entation about business continuity and the importance of business mobility. Kinka said implementing a mo- bile-first strategy for business processes and technology is the best way to avoid loss of data, business disruption and costly downtime. “No matter what happens to my headquarters, i want my people working. i think everyone in this room can say that … Companies that lose their data have a signifi- cantly higher propensity to go bankrupt, to have business disrup- tion,” Kinka said. Attorney Denise L. Sanders, shareholder of the Health Care and Privacy & Security Groups at Capehart Scatchard Attorneys at Law, provided the audience with ideas about how they can limit their legal risk should a data breach affect them. Sanders said privacy is pivotal when it comes to cybersecurity, and fortunately, there are many state and federal laws in place to uphold privacy in the event of a data breach. “Understand that there are mul- tiple laws that apply to you, and they’re just expanding exponen- tially every day. i can tell you there are 50 bills in the New Jer- sey Legislature regarding privacy, security and data breach right now,” Sanders said. Another method of preventing the negative consequences of a THG/Stephen Pistone. To purchase photos in The Gazette, call (609) 704-1940. Alloy Silverstein recently held a cyber security symposium in Mount Laurel. cyber-attack is to explore cyber about as much cyber insurance as risk insurance policies, which we did alien abduction insurance were discussed by panelist Joe … They didn’t understand why Haggerty, director of client serv- they needed it; that has drastically ices for Hardenbergh insurance changed. The vast majority of our commercial lines of insurance— Group. Haggerty said cyber risk poli- our middle market, our large com- cies have become much more mercial insurance—they all common over the past 15 years, purchased this coverage. it has and now is the ideal time to get never been more affordable, and covered. we’ve never had broader cover- “Ten, 15 years ago, we sold ages available,” Haggerty said. if someone’s personal informa- tion and data is compromised in a cyber-attack, a sinister conse- quence that could arise if that in- formation ends up on the dark web for malicious purposes. This network forms a small part of the deep web—the part of the in- ternet that is not indexed by search engines. According to Harry Srolovitz, branch manager of Atlantic, To- morrow’s Office, sensitive per- sonal information is ending up on the dark at an disturbing level, which is costing people significant sums of money. “it’s rampant: data is being leaked, spilled, stolen at an alarm- ing rate and it’s increasing every year. And the cost of that is astro- nomical … We’re talking over a half billion records of informa- tion, just recently,” Srolovitz said during his presentation about the deep web and dark web.