2024 Security BSides // Kurt Walton

first things first uh good morning everyone I'm just trying to Lively the the room up here um my name is Kurt Walton as as mentioned I'm a commissioner of police and I've been in this post um for one year now exactly 12 months on the 1st of October I was appointed as commissioner of police however I've been in the Royal CES Police Service uh let's just see well over 35 years and it's been an exciting Journey so I'm really happy that you're here today and it's really this is an important subject for us because certainly a lot has changed since my first day of joining the Police Service back in in January 1987 and uh we've seen the certainly the

evolving of criminality over those those 37 years um just continue to evolve as as time went by so just to say as commissioner of the royal Comm Police Service my role is to make the K Islands a safer place for everyone who lives works or visits here for the Royal K Island Police Service this means ensuring that each person can go about their lives and contribute to our society with confidence free from the risk of physical mental or financial harm or the threat of such harm our mission encompasses every facet of safety aiming to reduce both incidents of crime and the affair associated with it while fostering a resilient and enduring sense of security across our

Islands this Vision applies as much to cyber crime and cyber enabled crime as it does to any other form of criminality my organization's Mission and the way we work toward achieving this vision is to engage with our communities and serve them in that Spirit I'm honored to address our cyber security Community here today as we work towards making kman the safest place in the world to do business this event now in its third year has earned a stellar reputation within the bides community as one of the finest of its kind worldwide it presents a unique opportunity to Foster growth within our local security landscape by facilitating meaningful connections with leaders in the field today you'll hear from globally

renowned experts and we are fortunate to have them here to deepen our understanding and bolster our skills I'd like to extend my thanks and appreciation to those who have presented over the past two days each speaker has volunteered their time and expertise please share knowledge with us you may have already heard from John Watson our head of the digital digital forensic Hub who discussed among other things our 4p which is our prevention and pre uh preventative and uh partnership approach to combating cyber crime and cyber enabled crime and I hope you've gained insights that will strengthen our efforts to prevent cyber attacks and protect our communities I believe that the three key priorities are vital to our cyber

security mission one protecting our financial sector as an international recognized Financial Center the Kim islands is a target for cyber criminals seeking to exploit vulnerabilities for financial gain or sensitive information safeguarding our financial industry from these threats is essential for protecting our economy and upholding our reputation as a trusted place to do business two safeguarding personal information with more of Our Lives taking place online the protection of personal data has never been more critical the Kim island has robust data protection regulations in place and it's imperative that all stakeholders comply to protect privacy and maintain trust while avoiding potential fines three building awareness and skills a well-informed community is our best defense against against cyber

threats this involves not only educating our residents businesses Schools and Government agencies about safe online practices but also supporting local training initiatives that Foster a strong cyber security culture here in the Kim Island there's an old adage in policing together we can prevent crime this acknowledges that our crime prevention is not solely the responsibility of the police in our modern digital ERA this collaboration is even more essential and as my head of the dfh promotes three fundamental principles which are as follows one complacency is the enemy of good cyber security two trust nothing and verify everything and three if in doubt don't do it these principles embody or stance at all aspects of online activity must be

taken seriously there's no room for complacency just because you may not have suffered a successful attack doesn't mean you won't it's today in today's Digital World vigilance is essential particularly when you receive unexpected or out of context Communications adopting a stop and think approach can often prevent cyber attacks or Worse protect against Ransom wear and the theft of sensitive customer data cyber crime types and Trends as with most other jurisdictions and given its position as an International Financial Center the Kim Islands its people and its infrastructure will continue to be a target for complex and sophisticated criminal activity involving International organized crime groups it can already be seen that identified Global and domestic crime Trends look

set to continuing continue requiring ever more vigilance the increase in the use and Reliance on social media platforms by all demographics has given rise to further opportunities for international organized crime networks to Target large numbers of potential victims while enjoying relative anonymity this access and ongoing developments in technology will increase the chances of success for traditional crime schemes such as romance fraud and confidence scams as well as approach Le activities such as fishing attacks the speed at which cryptocurrency and other types of virtual assets can be moved through several jurisdictions obus cated via the use of mixers as well as the difficulty for investigators and identifying perpetrators only heightens the incentive to commit this type of cyber

enabled fraudulent activity since the encouragement of remote working and use of screen sharing plat platforms during the pandemic as well as the development of Highly sophisticated hacking techniques there's also likely to be a continued corresponding increase in cyber dependent fraudulent activities such as business email compromise and software vulnerability exploits the rcips has already seen a number of instances of messages and emails purporting to come from government agencies the police financial institutions and energy companies asking for account and other sensitive personal data in addition several sophisticated protocal vulnerability hacks have been reported involving kiman victims it is therefore inevitable that the chals will see at least a maintenance or indeed increased in fraudulent and other criminal activity in the form of romance

and Earth confidence scams initiated via social media platforms leading on to secondary fraudulent cryptocurrency investment schemes cyber dependent fraudulent activity in respect of business email compromise fake wealth management websites and advertisements spoofing and account takeover use of malware to disrupt infrastructure and or steal personal data introduction of ransomware to hold data hostage while demanding payment and exchange of access affecting infrastructure large and small Enterprises as well as well as individuals the global nature of this type of crime threat only heightens the need for good effective Partnerships and collaboration particularly between the public and the private sector together we have the ability and the tools to protect ourselves our organizations and our wider infrastructure against these current and

emerging threats we just need to put ourselves in a position to do so thank you all for being here over the past few days and for your continued commitment to cyber security together we can build a safer digital landscape for the Kim and Allin thank you [Applause]