METCLOUD is proud to headline sponsor the Global Trade Conference 2020, a week-long event hosted by Greater Birmingham Chamber of Commerce (GBCC). As part of our sponsorship, METCLOUD will be hosting a Live Online Panel discussion about the importance of cybersecurity in global trade on Monday, 22 June 2020 at 2:30pm (BST).
Cybersecurity is Essential for Global Trade
Globalisation and technology has afforded us opportunities like never before. However, that comes with unprecedented threats that may not only compromise the security of a business, but the entire fabric of the business itself.
The reality is that cybersecurity is no longer just the priority for a company’s IT team. Business leaders must reinforce their understanding and practices to ensure the wellbeing of their business.
“The global economy will lose $5.2trn (£4.19trn) over the next five years because of cyber crime, with insurers, banks and capital markets facing a $700bn hit.” (The Actuary 2019)
“the average cost of cyber crime for financial services is 40% higher than in all other sectors. Financial services firms now suffer losses of $18.5m on average a year, compared with $13m for all other companies, with malicious insider attacks the most expensive.” (Accenture, 2019)
“…researchers expect banks to lose $347bn over the next five years because of cyber crime, with insurers experiencing losses of $305bn and capital markets $47bn.” (The Actuary, 2019)
A Panel of World Renowned Experts
Moderated by Keith Philips, advisor to the board of Alquity Investment Management, the panel discussion will have some of the UK’s leading authorities on cybersecurity to discuss why it is essential to global trade, its implications to a robust supply chain and how businesses can protect themselves from cyber attacks.
- Don Randall MBE – In 2008, Don was appointed as Head of Security at the Bank of England and in 2013, Don was appointed as the Bank’s first Chief Information Security Officer to target issues relating to information security, including cyber threats. Don was elected as Chairman of the Global Banks Heads of Security Group in June 2013.
- Ian Glover, President of CREST – CREST, the not-for-profit body that represents the technical information security industry and provides internationally recognised accreditation for organisations and professional level certifications for individuals providing penetration testing, cyber incident response, threat intelligence and Security Operations Centre (SOC) services.
- Ian Vickers, CEO of METCLOUD – Ian currently heads METCLOUD, a multi-award winning cybersecurity cloud platform that is globally recognised for providing a sophisticated portfolio of cyber surveillance and defence services. Ian’s passion in security has led him to become a board member of the West Midland Crime Partnership. He has also been the Chair of the Birmingham Related Crime Steering Group, Board member of the Birmingham Community Safety Partnership and member of the CompTIA Executive Council.
- Oliver Fairbank, Head of Analysis at Orpheus – Orpheus is the only UK-government accredited cyber threat intelligence company providing cyber risk rating services. Oliver manages Orpheus’ Cyber Threat Intelligence team, including its bespoke work on critical national infrastructure projects and its cyber risk rating services. He has ten years’ experience in various guises in cyber threat intelligence.
- Flavius Plesu, Founder and CEO of OutThink – The world’s first Predictive Human Risk Intelligence platform (SaaS), aimed at revolutionising security awareness and giving security teams the power that comes with identifying high risk users. Flavius has over 18 years of experience in the security industry, and prior to founding OutThink he worked for a number of blue chip companies, most recently as CISO of Bank of Ireland UK, where he was inspired to create his own security solution, to solve the Human Risk problems he had encountered throughout his career. OutThink is recognised globally for innovation and has a number of large enterprise customers including FTSE constituents Vodafone, Bunzl and Holland & Barrett, as well as Abu Dhabi Islamic Bank.
- Deborah Leary, OBE, CEO at Forensic Pathways Ltd – Launched 2001, Forensic Pathways develops innovative technologies for criminal and business intelligence. Its consultancy provision includes: brand protection/monitoring services, dark web monitoring, OSINT, social media investigations and due diligence services. Forensic Pathways has won numerous innovation and business awards including a Board of Trade Award. Deborah is an Export Champion for DIT and is Vice President of the Greater Birmingham Chamber of Commerce.
- Simon Hosking, UK Cyber Industry Representative to the Gulf at Department for International Trade & HM Government – Simon began a secondment to the UK’s Department for International Trade in July 2019. His role, which has a Gulf-wide remit, is to work with UK industry on their larger government cyber and security deals, particularly where customers have defence and security relationships with the UK government. He is based in the British Embassy in Dubai. Simon is on secondment from industry, and has spent the last five years with BAE Systems plc, one of the world’s leading defence and technology companies. He worked with the company’s cyber business unit to win contracts in the Middle and Far East. Before that, Simon spent 20 years in the British government in a range of roles with the Foreign Office and Ministry of Defence including on several overseas tours, the last of which was to the UK Mission to the UN in New York, where he worked on Security Council issues as Political Counsellor. He then took up a senior management role in London with responsibility for a cross-agency team delivering critical national security solutions, including on cyber issues.
In light of the current pandemic, the conference will discuss how this global event has affected business around the world, business resilience, the economy and most importantly, how international trade can move forward.