Project Title

APEC Workshop on Cybersecurity Incident Management Awareness 

Project Year

2017   

Project Number

TEL 07 2017S 

Project Session

   

Project Type

Self-Funded 

Project Status

Completed Project   
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Project No.

TEL 07 2017S 

Project Title

APEC Workshop on Cybersecurity Incident Management Awareness 

Project Status

Completed Project 

Fund Account

Self-Funded 

Project Year

2017 

Sponsoring Forum

Telecommunications and Information Working Group (TELWG) 

Topics

Telecommunications and Information 

Committee

SOM Steering Committee on Economic and Technical Cooperation (SCE) 

Other Fora Involved

 

Other Non-APEC Stakeholders Involved

 

Proposing Economy(ies)

Malaysia 

Co-Sponsoring Economies

Thailand 

Expected Start Date

12/12/2017 

Expected Completion Date

12/12/2017 

Project Proponent Name 1

Idi Baharom 

Job Title 1

Deputy Director, Network Surveillance Department 

Organization 1

Malaysian communicatons and Multimedia Commission 

Postal Address 1

MCMC Tower 1, Jalan Impact, Cyber 6, 63000, Cyberjaya, Selangor, Malaysia 

Telephone 1

601-96000137 

Fax 1

Not Applicable 

Email 1

idi.baharom@cmc.gov.my 

Project Proponent Name 2

Not Applicable 

Job Title 2

Not Applicable 

Organization 2

Not Applicable 

Postal Address 2

Not Applicable 

Telephone 2

Not Applicable 

Fax 2

Not Applicable 

Email 2

Not Applicable 

Declaration

Idi Baharom 

Project Cost (US$)

$0.00 

Project Summary

Background and Project Description 

The recent Equifax and WannaCry attacks have highlighted within the network security community the need for an improved incident response.” – APNIC, Sept. 14, 2017 

The first six months of 2017 have seen an inordinate number of cybersecurity meltdowns. And they weren't just your standard corporate breaches. It's only July, and already there's been viral, state-sponsored ransomware, leaks of spy tools from US intelligence agencies, and full-on
campaign hacking. And that's just the beginning
.” – Wired, July 1, 2017

In 2015, there were numerous media and researchers stating that ransomware was not all it’s cracked up to be. Ransomware accounted for roughly USD325 million in damages in 2015, according to Microsoft. After a surge of attacks the following year, Cybersecurity Ventures predicted that ransomware damages and related costs would reach USD1 billion annually in 2016. According to the Cisco 2017 Annual Cybersecurity Report, ransomware is growing at a yearly rate of 350%.” – Cybersecurity Ventures, May 18, 2017.

Agreeing with the need to improve cybersecurity incident responses and emphasizing the importance of threat intelligence handling processes, Malaysia in collaboration with the Asia-Pacific Network Information Centre (APNIC), will be hosting the Cybersecurity Incident Management Awareness Workshop with the aim to provide a forum to raise awareness among the regulators and policy makers, as well as discuss and share the lessons learned by Malaysia and the APNIC in monitoring and responding to attacks, including the potential solutions to addressing the root cause of attacks.

Objectives

Consistent with Priority Area 5.2 of the APEC TEL Strategic Action Plan 2010-2015, i.e. the promotion of a secure, resilient and trusted ICT environment, this project aims to share the following objectives and expected outcomes with the APEC member economies on cybersecurity incident management: 

a)  To raise awareness on the imminent and pervasive nature of cybersecurity attack cases;

b)  To share best practices and lessons learned by Malaysia during recent incident handling cases;

c)  To share APNIC’s regional perspective on incident handling; and

d)  To share the methodology and best practices on the gathering and handling of threat intelligence through semi-technical tutorial exercises.

Planned Activities

2 Securit Tracks during the half day workshop which will be conducted by MCMC and the APNIC:

a)  Track One: Incident Management

b)  Track Two: Threat Intelligence Handling

Parties relevant to/ interested in cybersecurity issues such as policy makers, regulatory bodies and related business operators are invited to share views on the findings and similar issues experienced in their respective economies.

Timelines 

A half-day workshop for presentation and information sharing during TEL56 on 12 December 2017.

Are there any supporting document attached?

Yes 
Attachments
Version: 3.0 
Created at 15/01/2018 10:28  by Lucy Phua 
Last modified at 21/06/2018 10:33  by Lucy Phua 
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Project No.

Project Title

Project Status

Fund Account

Project Year

Sponsoring Forum

Topics

Committee

Other Fora Involved

Other Non-APEC Stakeholders Involved

Proposing Economy(ies)

Co-Sponsoring Economies

Expected Start Date

Expected Completion Date

Project Proponent Name 1

Job Title 1

Organization 1

Postal Address 1

Telephone 1

Fax 1

Email 1

Project Proponent Name 2

Job Title 2

Organization 2

Postal Address 2

Telephone 2

Fax 2

Email 2

Declaration

Project Cost (US$)

Project Summary

Are there any supporting document attached?

hdFldAdmin

Project Number

Sub-fund

Previous Fora

Secretariat Comments

Endorsement By Fora

PD Sign Off

Monitoring Report Received

Completion Report Received

PMU Field 1

PMU Field 2

PMU Field 3

On Behalf Of

Proposal Status

Originating Sub-Forum

Approval Status
Attachments
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