Risk Management

Improving Cyber Risk Management

Digital Risk Management Institute's Koilpillai on Building a New Approach

Too many companies lack an understanding of the business ramifications of cyber threats, says Juanita Koilpillai, president of the Digital Risk Management Institute, a new not-for-profit organization that promotes best practices.

See Also: How to Mitigate Credential Theft by Securing Active Directory

In a video interview at Information Security Media Group's recent 2015 San Francisco Data Breach Prevention and Defense Summit, Koilpillai discusses the importance of bringing business owners and insurance companies together to develop modern cyber risk management programs. She also discusses:

  • The types of infrastructure threats businesses face from cyberattacks; and
  • Why insurers must gather historical data from businesses to effectively judge cyber risk.

In addition to being founder and president of the Digital Risk Management Institute, Koilpillai is founder and CEO of Waverley Labs, a cyber risk engineering company. A pioneer in the field of digital risk management, Koilpillai has 30 years of experience researching and developing systems in computer security, network management and real-time distributed software. She leads the open-source software-defined perimeter effort for 'black' apps in the cloud with the Cloud Security Alliance and is an active contributor to the National Institute of Standards and Technology, leading the creation of a security risk index system for moving apps to the cloud (NIST 500-299). She was a key member of the Federal Emergency Management Agency's enterprise security management team, and has served as principal investigator for several Department of Defense initiatives.


About the Author

Tracy Kitten

Tracy Kitten

Executive Editor, BankInfoSecurity & CUInfoSecurity

A veteran journalist with more than 18 years' experience, Kitten has covered the financial sector for the last 11 years. Before joining Information Security Media Group in 2010, where she now serves as the Executive Editor of BankInfoSecurity and CUInfoSecurity, she covered the financial self-service industry as the senior editor of ATMmarketplace, part of Networld Media. Kitten has been a regular speaker at domestic and international conferences, and was the keynote at ATMIA's U.S. and Canadian conferences in 2009. She has been quoted by CNN.com, ABC News, Bankrate.com and MSN Money.




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