IAG Cyber-Threats Intelligence (CTI) Sandbox

Leader: Yenni Tim

Overview

The rising advancement in technologies is a double-edge sword. Although digitalization brings new possibilities and enablement, it also further complicates issues related to cyber-security. Currently, the overwhelming scale of cyber-attacks is pushing corporates to invest heavily in the detection and takedown of cyber-threats. The time-critical and resource-intensive nature of these operations leaves companies with little time to review and advance their risk management strategies, to improve existing cyber infrastructure and to proactively develop a stronger cyber-security profile. 

All organizations have unique characteristics and are facing different sets of cyber-threats. To better manage cyber-attacks, organizations need to develop an understanding of their specific threat landscape to equip themselves with the right weapons. This sandbox aims to analyse and understand existing cyber-threat landscapes to design effective cyber-defence mechanisms for today's cyber workforce.    

Participating Organization: IAG Group, Australia

IAG is the parent company of a general insurance group with controlled operations in Australia, New Zealand, Thailand, Vietnam and Indonesia. Its businesses underwrite over $11.4 billion of premium per annum, selling insurance under many leading brands, including: NRMA Insurance, CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); NZI, State, AMI and Lumley Insurance (New Zealand); Safety and NZI (Thailand); AAA Assurance (Vietnam); and Asuransi Parolamas (Indonesia).

The cyber-security group at IAG is dealing with threat detection and response, security strategy and governance, security assurance, security operations and a 'secure by design' architecture function.

Impact Statement

This digital sandbox works with IAG Group, Australia on Cyber-Threats Intelligence to develop effective organisational cyber-security program and prepare tomorrow's cyber workforce. Cyber-threats come in many forms and all organizations have unique risk and security profiles. This cyber-threat intelligence sandbox performs analysis of data breaches for cyber-breach detection and mitigation. Understanding cyber-threat landscapes and attack patterns will help organisations to better prepare for the future attacks while also mitigating many risks. Using in-depth research and analysis of cyber-defence data, this sandbox also develops action plans to inform practices and strategic decisions of cyber-security in organizations.