Security Connected

Securing the Panama Canal

By on May 23, 2012

I just finished up a trip to Panama City, Panama. I’ve been to several countries in Central America like Costa Rica, El Salvador and Guatemala, but this was my first trip to Panama.

In countries like Panama, the general rule of thumb is that business is focused across three primary verticals:  financial services, telecommunications, and government. Panama introduces a new twist – the canal. The Panama Canal is the definition of “critical” in critical infrastructure. Not only does it address a global need for which few alternatives exist, but from an economic perspective its 24/7 activities are a major portion of Panama’s economy. Rarely is the need for protection, detection, and response across IT, SCADA, and Industrial Control System zones, as addressed with McAfee’s critical infrastructure solutions, as evident as it is in this type of critical operation where a disruption could have a catostrophic impact.

From a regulatory perspective, Panama has the same mandates seen in most counties, including PCI and Sarbanes-Oxley. Additionally, there are several Panamanian regulations – especially within the financial services industry such as the prescriptive requirement of having a SIEM solution.

After some speaking events and a bunch of customer meetings, it was apparent that SIEM is one of the most essential components of Panama’s go forward security strategy across all verticals. Specifically, the integration of McAfee SIEM plus Global Treat Intelligence (GTI) for external threat acquisition and Risk Advisor for a greater understanding of the internal risk posture and countermeasures all within one ePO interface are seen as must-haves, not nice-to-haves.