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AKATI Consulting Inspires the Ethical Hackers in Sri Lanka

Krishna Rajagopal, CEO of AKATI Consulting held enlightened Ethical Hacker's forums in 2014.

Colombo, Sri Lanka, April 12, 2015 --( The Ethical Hackers Forum - Sri Lanka is a quarterly event staged by cyber security training and consultancy organisation CICRA Holdings. The forum was inaugurated on the 4th of June 2014 at the National Olympic Committee Auditorium, Colombo Sri Lanka.

AKATI Consulting Group was instrumental in the formation of this Ethical Hackers forum and strongly believes this forum would provide a space for interaction for cyber security professionals to share their knowledge and experience which ultimately serves to strengthen the cyber security sphere in Sri Lanka.

June 4th - First and Inaugural Forum Krishna delivered the keynote address on the topic ‘The MH370 Chronicles’. He underscored the need to pay the highest attention to cyber attacks while you are in crisis, taking the MH 370 incident as an example. He warned that the damage cyber attacks can cause at a crisis situation could only be serious if no mechanisms are in place to handle it.

September 12th - A Pragmatic Approach to Cyber Security - The theme of the forum was 'A pragmatic approach to cyber security' which is a timely topic that can generate ideas on how to combat a host of new threats targeting companies’ online systems and data. The forum was organised as a panel discussion, moderated by Krishna Rajagopal. The panellists were a few hackers and professionals from the IT security industry who shared their views and personal experiences of security incidents. Krishna guided the discussion and input his valuable ideas as a cyber security professional. He also took a few questions from the audience and enlightened the participants on pragmatic ways to implement security in an organisation.

December 3rd - New Waves of Cyber Crime : 2015 Security Predictions - The forum was themed ‘New waves of cyber crime: 2015 security predictions’. Krishna Rajagopal delivered the final and most awaited presentation of the forum on Information Security predictions for 2015. Krishna Rajagopal said "We think people are going to be targeting insider threats to go for the Goldmine. It doesn’t necessarily have to be user credentials. Cybercriminals are going to take any kind of information, be it top secret government information, financial information, blue print of a new plan or intellectual property - they will steal it and sell it."

Following are a few excerpts from his presentation:

“First prediction is that individuals will continue to suffer and organisations will continue to suffer as victims, but cyber criminals will focus on the bigger fish...Number two, there will be more 'darknets', that means these are networks that will emerge from criminals who will start sharing and caring.”

Thirdly he mentioned that more mobile based exploit kits and vulnerabilities will surface as this will play a crucial role in getting access to the digital hub of the user. As the fourth prediction, he said that there will be ‘new kids on the block’, meaning many other countries other than USA, China and Russia will be launching large scale hacking attacks.

Moving on to the fifth prediction he said, “We think Apple Pay and Google wallet will be big targets next year, because NFC [Near Field Communication] is key.” Heartbleed, Shellshock, Poodle and similar attacks will continue and in 2015 there will be more attacks targeting open-source software; he stated as the sixth prediction.

Seventh prediction was that banks and telecommunications will continue to be targeted and more complex malware will be spread in these industries.

The eighth was regarding the value given to information and how information even as simple as a promotional plan can be traded. ‘Internet of Things’ will be targeted and exposed, was the ninth prediction.

Last but not least, he explained how old attack methods will be used to steal confidential data. “We think that, old is gold! Old attacks are going to continue... old attacks will be rejuvenated, given a new life and they are going to attack new applications.”

About AKATI Consulting Group
AKATI Consulting Group (“AKATI”) is a security-focused consulting firm providing services specializing in Information Security and Information Forensics. It operates in 5 continents with over 300 clients and serves a wide range of clients, offering reliable solutions with reliable technologies that guarantee results. Top banks in the world, military and some of the most hostile environments in the globe trust AKATI as their trusted security advisor.

With its extensive experience and capabilities in consulting, business applications and training, AKATI is able to customize its services to suit the needs of each client. AKATI Consulting Group fills a distinctive role in a business environment increasingly dependent on Information Technology.
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AKATI Consulting Group
Kiyoshi Berman

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