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SIA opens submissions for ISC West New Product Showcase Awards

 - 
12/12/2018

SILVER SPRING, Md.—Submissions are now open for the Security Industry Association's (SIA's) New Product Showcase (NPS) Awards at ISC West 2019.

ISC East 2018 exceeds expectations

Attendance up 23 percent as conference continues its resurgence
 - 
12/12/2018

NEW YORK—ISC East, in collaboration with premier sponsor the Security Industry Association (SIA), reported strong growth results at the conclusion of this year’s industry event, held in New York City this past November.

SIA reveals Securing New Ground 2019 details

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12/05/2018

SILVER SPRING, Md.—The Security Industry Association recently announced that next year’s Securing New Ground conference will be held Oct. 29 to 30, 2019, at the Grand Hyatt New York in New York City.

SSN News Poll: Readers weigh in on cyber trends

60 percent of respondents see end users budgeting more for cyber
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11/20/2018

YARMOUTH, Maine—The Security Industry Association recently released a benchmarking study that outlined potential cyber risks and the emerging technologies that could help protect systems. Security Systems News’ readers shared some of their opinions on end user attitudes and rising threats that were outlined in the report.

FAA bill to impact security industry

Bill sets policies for not just drones but security technology as well
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10/24/2018

WASHINGTON, D.C.—President Trump signed into law on Oct. 5, H.R. 302, the FAA Reauthorization Act of 2018, a bill that provides a roadmap for FAA-related policies, programs and procedures that will impact the security industry in a number of ways, from the use of counter-drone measures to the expanded use of CCTV and biometric technology within airports.

SIA identifies security megatrends for 2019

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Wednesday, October 24, 2018

The Security Industry Association (SIA) has identified and announced the 2019 Security Megatrends—the foundation of SIA’s signature yearly report defining the major trends and forces at play in the global security industry.

Forecasting of 2019’s top 10 Security Megatrends was based on survey data generated in September and October 2018 from top security industry business leaders, association leadership and key volunteers and speakers for Securing New Ground (SNG), the security industry’s executive conference, which is being held this week, Oct. 25-26, in New York City.

These trends—the top factors influencing both short- and long-term change in the global security industry—are expected to have sweeping impact on almost all businesses within the industry.

Cybersecurity was identified in the 2019 report as the standout trend shaping the security industry. By nearly 30 percentage points, industry leaders said cybersecurity’s impact on physical security solutions was the most impactful trend they were expecting to face in 2019. A resounding number of respondents also called for artificial intelligence (AI) to be recognized as a megatrend, noting that AI is becoming vital to supporting the heightened volume of data produced by modern security solutions.

Other new Security Megatrends emerging for 2019 include workforce development, the emphasis on data privacy, advancements in digital identity and the integration of security into smart environments like smart buildings and smart cities.

The 2019 Security Megatrends are:
•    Cybersecurity Impact on Physical Security
•    Internet of Things (IoT) and the Big Data Effect
•    Cloud Computing
•    Workforce Development
•    AI
•    Emphasis on Data Privacy
•    Move to Service Models
•    Security Integrated in Smart Environments
•    Advanced Digital Identities
•    Impact of Consumer Electronics Companies

“Today, modern physical security solutions are comprised of IoT devices and sensors that generate high volumes of security data. Applying analytics and artificial intelligence systems makes this data more actionable and increases responsiveness for security systems users,” SIA chairman of the board Scott Schafer said in the announcement. “Cybersecurity continues to be at the top of the list of the most important trends identified by security industry manufacturers, systems integrators, security practitioners, architects and engineers, and SIA will continue to address this trend over the next year and in the foreseeable future.”

In addition to defining the latest Security Megatrends, the forecast for 2019 also identifies other forces at play in the security industry that may have a noticeable impact on some or all businesses, and the research identifies three potential areas of business disruption the security industry may face in 2019.

The official 2019 Security Megatrends report will be published in late November 2018 and available online for download and/or purchase. The 2018 Security Megatrends report is currently available to all members and non-members.

Each year at SNG, senior-level industry leaders and financial partners gather, trends are spotted, connections are formed and minds are opened. In addition to highlighting these Security Megatrends, SNG 2018 will feature keynote remarks by Jerome Pickett, senior vice president and chief security officer at the National Basketball Association, and Valerie Thomas, executive information security consultant at Securicon, and panel discussions on topics like the shift from smart cities to conscious cities, harnessing cyber-physical security technologies and how the changing residential security market is staying nimble.
 

Cybersecurity benchmarking study released

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Wednesday, October 17, 2018

A new benchmarking study of the cybersecurity practices and initiatives of global organizations provides insight into the cyber landscape today and moving forward over the next few years. The study, called The Cybersecurity Imperitive, was produced in partnership with ESI ThoughtLab and WSJ Pro Cybersecurity and is sponsored by Security Industry Association (SIA) and several other partners.

“As validated by SIA’s just-released 2019 Security Megatrends—highlighting the top factors influencing both short- and long-term change in the global security industry—security companies see cybersecurity as the dominant trend shaping the industry,” SIA CEO Don Erickson said in an email announcing the study. “Having these clear benchmarks around cybersecurity not only facilitates the advancement of cybersecurity within your own organizations, but it also allows firms like yours to deliver appropriate solutions to your customers.”

One key finding in the study is that digital transformation is exposing companies to higher and more costly cyber risks. For example, those whose cybersecurity practices do not keep pace with their digital transformation initiatives are more likely to see $1 million or more in losses from cyberattacks. The research showed that cyber risks rise dramatically as companies embrace new technologies, adopt open platforms and tap ecosystems of partners and suppliers.

“Companies need to make sure that their cybersecurity programs keep pace with their digital transformation effort,” Lou Celi, CEO of ESI ThoughtLab and director of the study, said in the announcement. “Cybersecurity should not be an afterthought. It needs to be integrated into the fabric of an organization’s growth strategy.”

According to the study, there will be an increase in cyber-threat vectors by 2020, including:
•    Attacks through partners, customers and vendors (247% growth)
•    Supply chains (+146%)
•    Denial of service (+144%)
•    Apps (+85%)
•    Embedded systems (84%)

Surveyed companies see high risks from external threat actors, such as unsophisticated hackers (cited by 59% of firms), cybercriminals (57%) and social engineers (44%), but the greatest threat lies with untrained general staff (87%). Another 57 percent of firms see data sharing with partners and vendors as their main IT vulnerability. Nonetheless, only 17 percent of companies have made significant progress in training staff and partners on cybersecurity awareness.

The study also cites the leading cyber-threat vectors in 2018, which are:
•    Malware (81%)
•    Phishing (64%)
•    Ransomware (63%)
•    Viruses (62%)
•    Attacks from Apps (62%)

Another key finding is companies are boosting their cybersecurity investments. To cope with rising cyber risks, surveyed companies are increasing their cybersecurity investment by 7 percent this year and 14 percent next year. The biggest upsurge will come from platform companies, which are hiking their spending 59 percent this year and 64 percent next year. On average, companies with revenue between $250 million and $1 billion will spend $2.9 million next year; $1-5 billion ($5.7 million); $5-20 billion ($10.7 million); and $20 billion+ ($16.8 million).

According to the study, companies now use a variety of technologies to improve cybersecurity, such as multi-factor authentication (90%), blockchain (68%), Internet of Things (62%) and artificial intelligence (AI) (44%).

Security Systems News’ Class of 2017 “20 under 40” winner Ryan Fritts, CISO, ADT, said, "We are using AI in our access and entitlement management to analyze the behaviors of end-users and determine whether or not their behaviors are risky."

Over the next two years, studied firms indicated they plan to greatly expand the use of the following technology solutions:
•    Behavioral analytics (+1,735%)
•    Smart grid technologies (+831%)
•    Deception technology (+684%)
•    Hardware security and resilience (+114%)

The study also found that as corporate cybersecurity systems mature, the probability of costly cyberattacks declines. Cybersecurity beginners have a 21.1-percent probability of cyberattacks generating over $1 million in losses versus 16.1 percent for intermediates and 15.6 percent for leaders.

"Security is a holistic discipline. You need to manage both physical and cyber risks,” Joseph Gittens, SIA director of standards, and Cybersecurity Imperative study advisor, said in a prepared statement. “You could have the best physical security ever—guards, gates, guns and surveillance—but if someone can access your network from the comfort of their living room, it's not doing anything. The reverse is true as well. You could have a ton of cybersecurity but fail to lock down your physical space."
 

Larry Folsom recognized with SIA award

Folsom to receive Jay Hauhn Excellence in Partnerships Award
 - 
10/17/2018

SILVER SPRING, Md.—SIA recently named Larry Folsom as this year’s recipient of the Jay Hauhn Excellence in Partnerships Award, which recognizes security professionals who foster collaboration in the industry. The award will be presented at the SIA Honors Night on Nov. 14 in New York City.

Securing New Ground names keynotes

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Wednesday, August 29, 2018

SILVER SPRING, Md.—The Security Industry Association (SIA) has announced the keynote speakers for its annual executive conference, Securing New Ground (SNG), where more than 250 senior-level industry leaders and financial partners will gather at the Edison Ballroom in New York City, Oct. 25-26.

Jerome Pickett, senior vice president and chief security officer at the National Basketball Association (NBA), and Valerie Thomas, executive information security consultant for Securicon, will give remarks at the event, which brings together industry leaders and key players for two days of information sharing, networking and business analysis.

Thomas, also an ethical hacker and author, will speak at 11:15 a.m. on day 1 of the conference about securing the future of physical security, and Pickett’s remarks at 4:00 p.m. that afternoon will share global lessons from the NBA’s security program, how he’s handling disruptive technologies and using intelligent security solutions to prepare for threats and more.

“Each year, SNG attendees get to dive deep into the security trends that matter to them, and this conference helps them clarify business strategies and drive their business forward,” Don Erickson, SIA’s CEO, said in the announcement. “We are excited to welcome Jerome Pickett and Valerie Thomas to SNG 2018, where attendees will gain top insights from these distinguished security leaders.”

In addition to the keynote addresses, SNG 2018 will feature many engaging discussions and events, including:

•    The View from the Top: Challenges for Today’s Security Industry Leaders
•    Harnessing Cyber-Physical Security Technologies
•    Securing the Future Generation of Security
•    The Smart City of the Future Will Be Conscious
•    Investment Insights: Perspectives from Wall Street and Private Equity

Click here for more.
 

New guide on securing intelligent buildings available

 - 
Wednesday, August 8, 2018

SILVER SPRING, Md.—The Security Industry Association (SIA), in partnership with the ASIS Foundation and the Building Owners and Managers Association (BOMA) International, jointly released guidance for practitioners in the security and building management fields. Intelligent Building Management Systems: Guidance for Protecting Organizations provides a framework to help decision makers assign a risk-based criticality or impact to their building and asks relevant security questions to develop appropriate mitigation strategies. It also serves to establish a common language between the many intelligent building stakeholders.

The guidance is based on original research, Building Automation & Control Systems: An Investigation into Vulnerabilities, Current Practice and Security Management Best Practice, by David J. Brooks, Michael Coole and Paul Haskell-Dowland of Edith Cowan University in Perth, Australia. The research provides an exhaustive overview of identified intelligent building critical vulnerabilities and mitigation strategies.

“The ASIS Foundation is delighted to work with our partners BOMA and SIA to support such critical research in a rapidly developing but insufficiently understood field,” Sandra Cowie, CPP, director, global security and business continuity, principal, and 2018 ASIS Foundation president, said in the joint announcement. “Building automation invokes cutting-edge issues and technology such as the Internet of Things and advanced video analytics, as well as traditional concerns such as physical access control and proper procedures. The integrated whole undoubtedly poses challenges that are still emerging. This research is indispensable to helping our members get a handle on both the challenges and the opportunities of this fast-growing market.”

According to the report, the intelligent building market is growing 31 percent per year and is expected to exceed $59 billion by 2023. These systems are increasingly embedded into the contemporary built environment due to the demand for reduced operating costs, government regulation, and greater monitoring, control and operability. However, this growth comes with a substantial set of security vulnerabilities that many security and facility professionals have not accounted for. Importantly, the research finds a significant disconnect between security and facility professionals’ perceived understanding of intelligent building threats and risks versus actual dangers. In addition, the report revealed that a lack of common terminology and practices can result in misunderstandings and siloed views of associated security risks.

The report findings emphasize the need to:
•    Take a multidisciplinary proactive management approach to intelligent building vulnerability mitigation
•    Fuse multidisciplinary participants into an intelligent building security team

Additional findings include the recognition of intelligent building integrators and cybersecurity experts as partners who can help organizations better understand threats and risks and more effectively achieve intelligent building security.

“The research developed by the ASIS Foundation provides insights that should be leveraged by our members and the industry to better understand and identify vulnerabilities within intelligent building systems," Don Erickson, chief executive officer, SIA, said in a prepared statement. "An essential outcome from this project is the recommended guidance and checklist that will help security practitioners and security technology solutions providers work together to implement strategies to mitigate against potential risks.”
 

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