PROVIDING NETWORKING OPPORTUNITIES
Discussing Cyber Security, Risk Assessment and Threat Detection at November Forum Virtual Forum with Clay Storey, Director of Security, Avista Sponsored by: Avista Utilities, November Forum I n a world where technology becomes more ingrained in our risk,” Storey said. He explained the second level are hacker groups with more time and resources, who will military group would have a much more devastating impact than the actions of a single hacker.
daily lives, the risk of cyber threats and attacks also increases, especially for businesses. During the November Forum, Clay Storey, Director of Security for Avista, provided an overview of the cyber threat landscape, and what companies and individuals can do to mitigate risks. “Traditionally, people think of individual hackers, but I see that as the lowest tier of
generally try to generate money through ransomware attacks. Then, the top risk tier are nation states and military groups. “They are very sophisticated with lots of resources,” he added. In general, cyber attacks are most likely to come from an individual hacker, with the smallest occurrence from military groups or nation states. However, Storey explained that the potential impact from each group is the opposite. A cyber attack from a resourceful
Storey noted there are also some common tools and techniques used by each of these groups in their cyber attacks. “An individual hacker will use a virus or exploit vulnerabilities, while hacking groups rely on ransomware or extortion scams. Military groups try to gain remote access or credentials so they can obtain important information,” said Storey. When a cyber attack does occur, most individuals or businesses wonder why or how it happened to them.
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The Business Review | November 2021
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