The Speed Traders Workshop 2015 Kuala Lumpur, June 5
Finance, Investing, Market Structure, Trading

Edgar Perez, Author of Knightmare on Wall Street, to Lead The Speed Traders Workshop 2015 Kuala Lumpur, Malaysia

The Speed Traders Workshop 2015 Kuala Lumpur, “How Banks, Hedge and Mutual Funds and Brokers Battle Markets ‘RIGGED’ by Wall Street’s ‘Flash Boys’, High-frequency Trading, Exchanges and Dark Pools” (http://thespeedtradersworkshop.com), is the first and most comprehensive initiation to the world of high-frequency trading with Edgar Perez, author of Knightmare on Wall Street (http://knightmareonwallstreet.com), and will open the door to the secretive world of computerized low-latency trading, the most controversial form of investing today; in the name of protecting the algorithms they have spent so much time perfecting, speed traders almost never talk to the press and try to disclose as little as possible about how they operate.

The Speed Traders Workshop 2015 Kuala Lumpur covers the latest research currently available and reveals how high-frequency trading players are operating in global markets and driving the development of electronic trading at breakneck speeds from the U.S. and Europe to Japan, India, and Brazil. The “flash crash”, the suspended BATS IPO, the botched Facebook IPO, Knight Capital’s trading malfunction and NASDAQ’s Flash Freeze are just a few of the milestones in the history of high-frequency trading that will be dissected with participants.

ABOUT EDGAR PEREZ

Mr. Perez is the author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), and The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), 交易快手, published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez has been interviewed on CNN’s Quest Means Business, CNBC’s Squawk on the Street, Worldwide Exchange, Cash Flow and Squawk Box, FOX BUSINESS’s Countdown to the Closing Bell and After the Bell, Bloomberg TV’s Market Makers, CNN en Español’s Dinero, Sina Finance, BNN’s Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia’s Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been featured on Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Cyber Security World Conference 2014 (New York), Inside Market Data 2013 (Chicago), Emerging Markets Investments Summit 2013 (Warsaw), CME Group‘s Global Financial Leadership Conference 2012 (Naples Beach, FL), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in Systems Engineering from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area with his wife Olga, son Edgar Felipe and daughter Svetlana Sofia.

Standard
Golden Networking's Cyber Security World Conference 2014 New York City
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, Education, Finance, Government, IT Security, Security, Technology

State Department Computers Hacked, Email Shut Down while Repairing Possible Damage from Suspected Hacker Attack

The State Department has taken the unprecedented step of shutting down its entire unclassified email system as technicians repair possible damage from a suspected hacker attack.

A senior department official said Sunday that “activity of concern” was detected in the system around the same time as a previously reported incident that targeted the White House computer network.

That incident was made public in late October, but there was no indication then that the State Department had been affected. Since then, a number of agencies, including the U.S. Postal Service and the National Weather Service, have reported attacks.

Read more

Standard
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, Education, Finance, Government, IT Security, Security, Technology

FTC probe of Verizon holds valuable lessons in cyber security protocol

Companies can glean valuable guidance from the Federal Trade Commission ending its investigation into the security of Verizon Communications Inc.’s routers should they face such a probe.

Legal and insurance industry experts say it is critical for companies to maintain up-to-date cyber security standards as one way to avoid such regulatory scrutiny in the first place.

Experts also advise buyers to make sure their cyber insurance covers regulatory exposures.

Read More

Standard
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, E commerce, Education, Finance, Government, IT Security, Security, Technology

Programs Aim to Fill Cybersecurity Skills Gap

A shortage of security professionals will likely become more acute in coming years as companies connect more devices to networks to create the Internet of Things, according to Cisco, which puts the shortfall at a million security pros. The International Information Systems Security Certification Consortium does not believe the shortage is quite as severe, estimating a gap of “only” 300,000 cyber-security pros.

Whether the number is 300,000, a million or somewhere in between, enterprises will obviously be challenged to maintain adequate security staffs. These numbers underscore the importance of programs like the Air Force Association’s CyberPatriotnational youth cyber education program and Symantec’s Cyber Career Connection (SC3), both of which seek to raise awareness of cybersecurity careers and swell the ranks of future security pros.

Read More

Standard
Golden Networking's Cyber Security World Conference 2014 New York City
Business, Cloud Computing, Cyber Security, Cybersecurity, Defense, Finance, Government, IT Security, Technology

How your Company can be the Weakest Link and how the Cybersecurity Framework can Help at Golden Networking’s Cyber Security World Conference 2014 New York City

A chain is only as strong as its weakest link, says Bill Buchanan, The Conversation. Computer security relies on a great number of links, hardware, software and something else altogether: you. The greatest threat to information security is actually people. Why strive to defeat encrypted passwords stored in computers, when those computers’ human users will turn them over willingly?

A huge problem with most types of digital communications, processing and storage is that it’s often very difficult to differentiate between a true communication and one which has been falsified. This stems largely from the internet’s background as an open, insecure system. In emails apparently from legitimate websites, the email address of the sender can be spoofed, that is, replaced with another that is not the sender’s actual address, as some email relay systems allow this.

Corporations are today targeted as never before, with growth in hacking attacks linked to nation states and overseas governments; in fact, sophisticated and sustained campaigns of phishing have succeeded in stealing information from firms and organizations all over the world. Symantec recorded a 62% rise in data breaches from spear phishing in 2013.

In response to the growing cyber threat, the Cybersecurity Framework, which was drafted by the Commerce Department’s National Institute of Standards and Technology (NIST), represents a tipping point in the evolution of cybersecurity, one in which the balance is shifting to proactive risk-management standards. While its application is voluntary, organizations across industries may gain significant benefits by adopting the guidelines.

Golden Networking‘s Cyber Security World Conference 2014 New York City (http://www.CyberSecurityWorldConference.com) will provide a platform for hundreds of senior executives focused on protecting today’s enterprises to learn more about the Cybersecurity Framework and how to apply it to their organization. Topics that Cyber Security World Conference 2014 will discuss include:

  • Cyber Security Megatrends Security Professionals can’t Ignore Today
  • Designing and Managing Effective Information Security Programs
  • Is Biometrics the Key to Personal and Corporate Security?
  • How Hackers Really Operate to Obtain Financial Data
  • Key Considerations about Security in the Internet of Things Age
  • Strengthening the Security of Industry-wide Technology Infrastructure
  • Cyber Security and its Role in the Overall Security of the United States

About Cyber Security World Conference 2014

Cyber security is never again a term to ignore for individuals or corporations. The daily activities of all Americans, the country’s global economic prominence and worldwide security rely on a safe and resilient cyberspace. Unfortunately, the number of cyber-attacks has increased dramatically over the last years, exposing confidential personal and business data, disrupting critical operations, and imposing exorbitantly high costs on the economy overall.

Just recently, J.P. Morgan Chase, America’s largest commercial bank with $2.39 trillion in assets, announced that about 76 million households and 7 million of small-business customers had been affected by a cyber attack in one of the most sweeping known global breaches. The company said the unknown attackers stole customers’ contact information, which included names, email addresses, numbers and addresses, affected an amount equivalent to almost two-thirds of American households.

A brief walk down memory lane of some the biggest recent cyber-attacks now include Adobe Systems, Automated Data Processing, Citigroup, E*Trade Financial, Fidelity Investments, Home Depot, HSBC, Nasdaq OMX, Neiman Marcus, Target and Wal-mart. It is not unlikely to consider that the information of every American has already been compromised in any of these publicly disclosed attacks.

Renowned information security experts and innovative service providers will present at Cyber Security World Conference 2014 their latest thinking to hundreds of senior executives focused on protecting enterprises and governmental agencies.

Cyber Security World Conference 2014 is produced by Golden Networking, the premier networking community for business and technology executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to information@goldennetworking.com.

Standard
Jenny Menna, Cybersecurity Partnership Executive at U.S. Bancorp
Cloud Computing, Cyber Security, Cybersecurity, Defense, Government, IT Security, Technology

Jenny Menna, Cybersecurity Collaboration Program Pioneer to Speak at Golden Networking’s Cyber Security World Conference 2014 New York City

Jenny Menna, Cybersecurity Partnership Executive at U.S. Bancorp, will join upcoming Cyber Security World Conference 2014 New York City (http://CyberSecurityWorldConference.com), forum where cybersecurity experts are set to discuss topics such as protecting individuals and companies against cyber-attacks, biometrics as the future of security, risks brought by mobile computing, and protecting corporate and national infrastructure against foreign attacks.

Ms. Menna leads sector-wide efforts to strengthen public and private partnerships and promoting meaningful cybersecurity legislation. She is a nationally recognized cybersecurity leader, with substantial achievements in building large-scale information technology and security programs and plans across government and the private sector. She brings nearly 20 years of experience in leadership roles in cybersecurity, information sharing, systems development and integration, and critical infrastructure protection.

Prior to joining U.S. Bank, Ms. Menna held a variety of leadership positions in the Department of Homeland Security’s Office of Cybersecurity and Communications, the component responsible for securing federal civilian, state and local government and critical infrastructure networks, as well as for coordinating cyber incident response. Her responsibilities ranged from strategic risk management and partnership engagement to front-line operational and technical activities, to leading national-level policy initiatives

Ms. Menna was responsible for the successful launch and execution of the Critical Infrastructure Cyber Community Voluntary Program and the Enhanced Cybersecurity Services initiative under the President’s cybersecurity Executive Order. She also created an innovative pilot effort, in partnership with the Defense Cyber Crime Center, to share actionable cyber threat information with the Financial Services Sector. Under her leadership, this pilot matured into the Cybersecurity Information Sharing and Collaboration Program, through which DHS provides bi-directional, automated information sharing with industry in all sectors, and in-depth analyst to analyst technical exchange. She created and delivered a briefing series to C-level executives and Boards of Directors, to help industry better incorporate cybersecurity in the enterprise risk management process. She also served as the Director of the US Computer Emergency Readiness Team. She was selected for the Senior Executive Service in 2009.

Before her government service, Ms. Menna worked in a series of increasingly responsible management roles in systems integration and consulting. She received both her Bachelors and Masters degrees from the University of Chicago, and received certification as Project Management Professional. Ms. Menna holds a DHS Top Secret/SCI clearance. She is an accomplished public speaker who has presented on a variety of cybersecurity and risk management topics at major national and international conferences, such as RSA.

About Cyber Security World Conference 2014

Cyber security is no longer a term to ignore for neither individuals nor corporations. The daily activities of all Americans, the country’s economic prominence and global security rely on a safe and resilient cyberspace. Yet the number of cyber-attacks has increased dramatically over the last years, exposing confidential personal and business data, disrupting critical operations, and imposing high costs on the economy overall.

Just recently, J.P. Morgan Chase, America’s largest bank with $2.39 trillion in assets, announced that about 76 million households and 7 million of small-business customers had been affected by a cybersecurity attack in one of the most sweeping disclosed global breaches. The bank said the unknown attackers stole customers’ contact information, which included names, email addresses, phone numbers and addresses, affected an amount equivalent to two-thirds of American households.

A brief walk down memory lane of some the biggest recent cyber-attacks now include Adobe Systems, Automated Data Processing, Citigroup, E*Trade Financial, Fidelity Investments, Home Depot, HSBC, Nasdaq OMX, Neiman Marcus, Target and Wal-mart. It is not unlikely to consider that the information of every American has already been compromised in any of these publicly disclosed attacks.

Renowned information security authorities and innovative service providers will present at Cyber Security World Conference 2014 their latest thinking to hundreds of senior executives focused on protecting enterprises and governmental agencies. Topics that Cyber Security World Conference 2014 will discuss include:

  • Cyber Security Megatrends Security Professionals can’t Ignore Today
  • Designing and Managing Effective Information Security Programs
  • Is Biometrics the Key to Personal and Corporate Security?
  • How Hackers Really Operate to Obtain Financial Data
  • Key Considerations about Security in the Internet of Things Age
  • Strengthening the Security of Industry-wide Technology Infrastructure
  • Cyber Security and its Role in the Overall Security of the United States

Cyber Security World Conference 2014 is produced by Golden Networking, the premier networking community for business and technology executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to information@goldennetworking.com.

Standard
Robert Gardner, founding partner of New World Technology Partners (NWTP)
Cloud Computing, Cyber Security, Cybersecurity, Defense, Government, IT Security, Technology

Risk Management Technology Leader Robert Gardner to Keynote Cyber Security World Conference 2014

Robert Gardner, founding partner of New World Technology Partners (NWTP), will keynote upcoming Cyber Security World Conference 2014 New York City (http://CyberSecurityWorldConference.com), unique forum where cyber security experts are set to discuss topics such as protecting individuals and companies against cyber-attacks, biometrics as the future of security, risks brought by mobile computing, and protecting corporate and national infrastructure against foreign attacks.

Mr. Gardner’s presentation, “The Enterprise Impact of Cyber Risk – through the Shareholder Lens,” is based upon 40 years of study and practice of cyber assurance. Beyond the security that can be achieved by responsible cyber hygiene (which we still do not practice, but can prevent 75% or more of the problem), according to Mr. Gardner, critical infrastructure and national leaders must consider two paradigm shifts in their risk management thinking:

  1. The cyber eco-system underpinning their enterprise is not what they think it is – it has become a real-time complex system of systems – where runaway complexity presents systemic risks and exploitable vulnerabilities, which may have immediate, irreversible stakeholder consequences.(i.e before the next 10Q or congressional hearing)
  2. It can be managed by isolating the most consequential incidents – quantifying and prioritizing (aka Risk Triage) their financial, reputation/political and legal/regulatory exposure – which can be achieved by several old ( Bell Labs vintage system engineering analyses) and new (socio-political sentiment analysis) techniques.

However the C-Suite and their Boards must really get into the game to set the tone and become Cyber Exposure savvy, says Mr. Gardner. He has been a leader in cyber and critical infrastructure risk management technology and an incubator of technology enterprises since the mid-seventies. Mr. Gardner managed/participated in the launch of several development stage companies formed around those technologies, including August Systems, Verdix, Meiko Scientific, Cryptek, Phoenix Numeric and Probity Labs.

  • Formed The Probity Group to provide enterprise risk analyses for executives regarding complex systems and critical infrastructure risk. Coordinated development of Gradient™ technology to quantify systemic risk causes and consequences for commercial, federal and international enterprises.
  • Incubated iRISK™ Enterprise Risk Management methodology for a Fortune 500 enterprise to quantify the financial and public reaction (brand) consequences of cyber risk affecting shareholder and national security interests. Underlying intellectual property was vetted by industry, government and academic leaders in Energy, Financial Services, Chemical and Homeland Security communities.
  • Rebuilt security division of a public company which developed the first B2 Multi-level Secure (MLS) Network evaluated by NSA, and spun it off to a public secure communications company. Arranged financing and managed turn-around of the merged company. Strengthened secure products portfolio for U.S. and International markets, which reversed losses and achieved rapid profitability. Coordinated sale of company to prominent U.S. hedge fund.
  • At a mid-cap DoD service provider, he created an intellectual property incubator which introduced Trusted TeamWorks™ and other cyber risk innovations.
  • Incubated Supercomputer technology into products for U.S. operation of a U.K. parallel processing company. Successfully competed for high visibility Government and Industrial accounts, and was awarded the 1991 Northeast Small Business Prime Contractor of the Year recognition.
  • Member of startup team which developed NASA’s Software Implemented Fault Tolerance (SIFT) technology, pioneering Triple Modular Redundant (TMR) fault tolerant control systems. Business achieved success among International energy companies and Government Agencies. Subsequently spun off and acquired by ABB, which still operates 1000s of systems.

Prior to forming NWTP, he held senior engineering and technical marketing positions for ILLIAC IV, PEPE, LDSP and NASF supercomputer projects at Burroughs Corporation, for which he received numerous technical and market accolades and awards.

He often writes and speaks on topics regarding intellectual property and has prepared briefings and testimony for the U.S. House of Representatives and Senate caucuses on the technology impact on Financial (TARP) Infrastructure and The “First Three Hours” Emergency Response Methods.

Mr. Gardner also teaches business planning for artists at New York City’s “Third Ward” creative incubation center, and assisted formation and governance of New York based arts enterprises, including The Brick Theater and In The Pocket NYC. He has a BSEE from Rensselaer Polytechnic Institute and studied graduate system engineering and business administration at Penn State and the University of Santa Clara respectively.

About Cyber Security World Conference 2014

Cyber Security World Conference 2014 is produced by Golden Networking, the premier networking community for business and technology executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact us by sending an email to information@goldennetworking.com.

Standard