S2E7: An Update on Cybersecurity Threats, Ransomware Attacks and the Potential Role of AI w/ Diegesis CEO, Nick Denning

Brian J Matos

Nick Denning, Diegesis CEO, joins Brian for a second conversation on the current and emerging challenges in cybersecurity that every leader needs to know to protect their organization and the public should be aware of. Season 1, Episode 6 was the first converstion for those who want a refresher.

In this conversation, Brian and Nick discuss the increasing publicity of ransomware attacks and data breaches, as well as the challenges businesses face in protecting themselves from the growingh threat. They explore the impact of cyber attacks on insurance programs and the difficulty in obtaining insurance coverage for ransomware. They also discuss the role of artificial intelligence (AI) in cybersecurity, the potential risks and benefits of generative AI, and the need for explainability in AI decision-making. The conversation touches on the importance of proactive cybersecurity measures, such as the United Kingdom's Cyber Essentials framework, and the advantages of moving business data to "the cloud" for enhanced security.

As a reminder, Nick is the CEO of Diegesis, a UK-based tech consultancy supporting organizations looking to develop, integrate or migrate legacy systems to the latest, cutting-edge frameworks. His team also delivers a cyber security management platform called Cyber Security Policy Monitor (CSPM) to help small and medium sized businesses set up appropriate and cost effective security policies.

A mathematics graduate, Nick started his career serving as an Officer in the British Army leaving the Royal Signals as a Captain after 8 years’ of service, spend three years at Logica, then the UK’s leading system house before starting his first company Strategic Thought Group, in 1987. STG floated on AIM in 2005 to develop their risk management product Active Risk Manager, used by Lockheed Martin to manage risk on the Lockheed Martin F35 development.

As a company director with his broad background of software development, consultancy, entrepreneurship and business leadership, Nick is well qualified to discuss all aspects of modern cybersecurity risks. He guides organizations large and small on digital transformation, the management of associated risk and how to delivery great business outcomes while placing security by design at the heart of all projects. He is a strong supporter of the UK government Cyber Essentials scheme, for which certification is available for organizations worldwide, promoting CE through sales of CSPM.

To learn more about Nick Denning, his company and his work:

• LinkedIn: linkedin.com/in/nickdenning
• Twitter: @NickHDenning
• Websites: http://www.diegesis.co.uk and https://policymonitor.co.uk/

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