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PwC opens Cyber Security Experience Centre in Israel

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PwC has opened a global Cyber Security Experience Centre in Be’er Sheva, Israel, dedicated to Industrial Control Systems (ICS) & Operations Technology Security.

Operational Technology (OT)- the use of information technology to control physical processes, devices and infrastructure – is taking centre stage in the global cyber security arena. Industry insiders broadly expect that in the coming years, the most significant impact in cyber security globally will be around national critical infrastructures and industrial enterprise OT Security.

In 2018, as a response to the growing need for state-of-the-art services in both the public and the private sector, PwC launched a global Cyber Security Centre of Excellence for critical infrastructure protection and OT Security in Israel. It is dedicated to helping governments and multinational industrial companies around the world manage this critical and complex part of the cyber security landscape.

As part of this effort, a unique Cyber Security Experience Centre (CSEC) was built in Be’er Sheva, Israel. The CSEC is considered the first of its kind in the world and replicates an integrated critical infrastructure ecosystem. Featuring scaled down kinetic models of operational technology, they are  all connected to physical PLCs and ICS/SCADA networks, operating within a fully integrated cyber security framework.

Grant Waterfall, PwC’s EMEA Cyber Security & Privacy Leader, comments:

“Our Cyber Security Experience Centre in Israel allows us to collaborate with clients and partners worldwide. This builds trust in their organisations through resilient operations in an innovative rich environment that closely mimics the actual experience of both offensive and defensive cyber events.”

The sectors currently featured at the centre include cyber-kinetic modules of electricity production, railway transportation, oil & petrochemical refining, natural gas distribution, pharmaceutical manufacturing, smart buildings, defence drones and physical security and IoT.

The kinetic modules operate within a highly sophisticated cyber security framework, which allows experimenting with both offensive and defensive cyber security methodologies and technologies. This allows people  to truly experience what a cyber attack on their facility looks like, and what various protection mechanisms could do to prevent it.

Rafael Maman, PwC Israel partner and leader of the Cyber Security Centre of Excellence for OT Security, says:

“One of the greatest challenges on the journey to improving cyber security in Industrial Control Systems & Operational Technology  is bridging the trust barriers among all those partaking in this journey. Our purpose at PwC is to build trust in society and our new Cyber Security Experience Centre is a major building block in this effort. I have no doubt that by allowing our clients and partners to actually experience the cyber threats they are facing, and jointly explore solutions, we will help to remove the trust barriers and facilitate the other part of our purpose – that of solving important problems.”

The location of the new centre allows PwC to tap into the bustling technology innovation ecosystem in Israel, and continuously identify game-changing cyber security technologies that could be integrated into PwC’s cyber security framework.

David Clarke, PwC’s Global Chief Experience Officer, says:

“This is going to be a fantastic platform to gather and bring in great talent to solve important problems in new ways. It is in Experience Centers like this one, where we are creating the future of Cyber Security. PwC have close to 30 Experience Centers around the world, but this is our first center dedicated to cyber security and we are so excited to be a part of all of the innovation that is to come.”

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Cybersecurity: A Crucial Element of Socio-economic Stability and Prosperity

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Cybersecurity has become a key safeguard to future socio-economic prosperity and stability as industries are transitioning towards data- and technology-driven business models and governments grapple with the implications of the Fourth Industrial Revolution. More than 80% believe that risk of cyberattacks will increase in the year ahead. With an estimated pricetag of $90 trillion worldwide, there is a rising imperative to safeguard individuals and businesses.

Under the theme Enabling Leadership for a Secure Digital Future, over 150 leaders and experts in the cybersecurity, policy, regulation and technology fields are meeting at the second annual World Economic Forum Annual Meeting on Cybersecurity in Geneva, Switzerland, to address three priorities: Strengthening global cooperation for digital trust and security, securing future digital networks and technology, and building skills and capabilities for the digital future.

Meeting participants include government representatives from G20 countries, civil society organizations and academia, and prominent cybersecurity leaders from companies representing a cross-section of industries in the private sector. Ten international organizations, 18 countries and over 20 specialized agencies are taking part.

“As the international organization for public-private cooperation, the World Economic Forum is leading a global effort to drive systemic change on the most pressing cybersecurity issues. We believe that this change will be most impactful if the private sector and the public sector work on solutions together,” said Alois Zwinggi, Head of the Centre for Cybersecurity.

Key sessions include preparing for future threats, how to secure smart cities, increasing security by replacing passwords and building cyber-resiliance. Leadership, governance and cooperation were key themes.

The Forum, as the International Organization for Public-Private Cooperation, is offering its Platform on Cybersecurity and Digital Trust to allow the participants to drive the cybersecurity agenda for the coming year, to share information on emerging cyber-threats, jointly assess the risks of emerging technologies and collaborate on urgent action to combat cybercrime.

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Building Emerging Technology Governance Key to Realizing Saudi Arabia’s Vision 2030

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Governments and companies around the world are investing heavily in emerging technologies to boost growth. The Middle East and North Africa region could see approximately $400 billion added to its economies over the next 15 years if artificial intelligence (AI) solutions are adopted. In Saudi Arabia alone, investment in AI is forecast to add 12.4% to GDP.

To help accelerate the development and implementation of emerging technologies while mitigating risks, the King Abdulaziz City for Science and Technology (KACST) today announced the launch of the Centre for the Fourth Industrial Revolution Saudi Arabia with the World Economic Forum.

As the latest Affiliate to join the World Economic Forum Centre for the Fourth Industrial Revolution Network, this new hub will benefit from the agile governance methodology designed in San Francisco and will apply it to pilot projects in the country. The Centre for the Fourth Industrial Revolution Saudi Arabia will be run and managed locally to help the country achieve its Vision 2030.

“To use the technologies of the Fourth Industrial Revolution such as AI and blockchain, and many others, for driving economic development and social progress, we need global cooperation,” said Klaus Schwab, Founder and Chairman of the World Economic Forum. “On the eve of its G20 presidency, we welcome the Kingdom of Saudi Arabia with the establishment of a new Centre for the Fourth Industrial Revolution in Riyadh, to shape those technologies in a way that serves society.”

In the region, Saudi Arabia has been undertaking large-scale digitalization efforts as part of its National Transformation plan and in the run-up to its G20 presidency. The commercial 5G roll out, recent establishment of the Saudi Authority for Data and Artificial Intelligence and the high percentage of mobile phone and internet use show that the country is taking steps towards shaping the trajectory of Fourth Industrial Revolution technologies.

The World Economic Forum Centre for the Fourth Industrial Revolution Network was founded in 2017 to accelerate the development of emerging technologies by bringing together a multistakeholder community to co-design agile governance policies. To facilitate this process, the Forum launched an Affiliate Centre programme in early 2019 to help countries develop national Fourth Industrial Revolution strategies and public-private initiatives.

Affiliate Centres tap into and share research across the Forum’s global network. The Centre for the Fourth Industrial Revolution Saudi Arabia will focus on the following emerging technology portfolio areas: artificial intelligence; blockchain; data policy; internet of things, smart cities and robotics; and mobility.

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PwC rated as a Leader among European and Asia Pacific Cybersecurity Consulting Providers

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PwC announced that it was cited as a Leader in in both The Forrester Wave™: Cybersecurity Consulting Services In Asia Pacific, Q4 2019 and The Forrester Wave™: European Cybersecurity Consulting Providers, Q4 2019.

In the APAC-focused report, Forrester stated that: “PwC shines with impressive IP-based consulting. PwC targets its impressive range of assets — like its value-at-risk offering and virtual-reality simulated cyber crisis environments — at boards and executives. It aims to use these assets to create a deeper understanding of and support for key security challenges among those stakeholders. PwC also has strong intellectual property (IP)-based consulting offerings for CISOs, such as its identity and access management automation and ethical hacking bot. PwC regularly engages regulators throughout Asia Pacific and provides thought leadership sessions to board institutions in the region, such as the Australian Institute of Board Directors.” 

The APAC report goes on to say that: “PwC has a demonstrated ability to use its global strengths to adapt to agile ways of working. Reference clients were happy with the firm’s expertise, noted that PwC was a true partner and advisor across the region, and praised the firm’s positive internal culture.” 

Paul O’Rourke, Asia-Pacific and Global Financial Services Cyber Leader, PwC said:  “We are really pleased with this result. Our comprehensive cybersecurity solutions assist businesses with assessing, building and managing their cybersecurity capabilities and enabling effective incident response to a myriad of potential threats. With our successful track record across various domains of cybersecurity, we help our clients to strategically assess, design, implement, operate and improve cybersecurity programs from strategy through execution.”

Grant Waterfall, EMEA Cybersecurity and Privacy Leader, PwC said “PwC, and specifically each member of our teams that work with clients each day to build business and consumer trust through a more secure digital society, are extremely proud to receive this recognition from Forrester Research. Over the past year, cybersecurity has been elevated to Firm-wide platform at PwC, representing a formal commitment to our clients, markets, and employees, that cybersecurity will be top priority for how we serve each of them and grow our brand for the future.”

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