2nd Annual Indonesia Cyber Security Summit 2015 + CIO Forum
August 10th, 2015 - August 13th, 2015
InfoSec Conference Summary
The description was submitted by the Conference Organizer. We sometimes edit it to enhance the listing.
Now in its 4th year, the Annual Indonesia Cyber Security Summit (ICSS) is coming, and it is becoming an all-day conference focused on investing and developing the infant cyber security industry in Indonesia and the region. Current defense spending is modest, totaling $8 billion, but is expected to increase. Increase in defense spending partnered with the estimated $10 billion in losses from cyber crime annually, will translate into increased cyber security spending in future years. Current military spending increased 163% in past six years, but totals $6.9 billion annually. Spending expected to increase in upcoming years. IT infrastructure spending is higher, expected to reach $22.0 billion by 2018 Indonesia has recognized the importance of cyber security, but has only implemented patchwork solutions. IT build out, infrastructure enhancement, security management and human resource training offer the greatest areas of opportunity. This year’s ICSS will explore the financial opportunities, trends, challenges, and investment strategies available in the high growth cyber security sector. Speakers include leading cyber professionals, technology analysts, venture capitalists, fund managers, investment advisors, government experts, and more.