Steve Bakewell

Steve Bakewell is Managing Director EMEA for NetSPI, where he is responsible for delivering security related subject matter expertise to strategic customers and partners. Steve's career spans over two decades, multiple verticals and many information security and risk management hats. His experience covers a wide range, from defining enterprise security architecture to secure software development methodologies, as well as working for cybersecurity vendors in spaces such as automated penetration testing, threat intelligence and cloud security. He also holds a MSc in Information Security from Royal Holloway University of London.
More by Steve Bakewell
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Bolstering over 350 exhibitors and more than 190 expert sessions, Infosecurity Europe is one of the largest gatherings of cybersecurity professionals in Europe. This year, the NetSPI team made an appearance in the exhibitor hall.  

During Infosecurity Europe, NetSPI officially announced its expansion into the EMEA region. We’ve experienced growing demand from EMEA organizations, and we feel that NetSPI is well-positioned to deliver in this region. 

Aside from the hustle and bustle of the conference itself, we devoted much of our time to the exhibitor hall – where we noticed a few interesting themes. Continue reading for our three key observations from Infosecurity Europe and our conversations with the EMEA cybersecurity community. 

Automate Where Necessary 

Walking the floor, the automation message was prevalent among vendor solutions. However, in conversations with end users, the underlying message was that automation needs to serve a purpose, linked to, for example, improving cybersecurity workflows and processes. As Lalit Ahluwalia, writes in this Forbes article, the top drivers for automation include the lack of skilled workers, lack of standardization, and the expanded attack surface

It is also important to understand that technology alone should not be viewed as a “silver bullet.” There is a fundamental need to ensure that skilled humans can triage the data to ensure accurate results and that the information delivered is valuable and actionable.  

Automation should enable humans to do their job better and spend more time on the tasks that matter most (e.g., in penetration testing, looking for critical vulnerabilities that tools cannot find). For more on the importance of people in cybersecurity, read Technology Cannot Solve Our Greatest Cybersecurity Challenges, People Can

Tightening of Venture Capital Funding and Cybersecurity Budgets 

Another heavily discussed topic at Infosecurity Europe centered around funding, budgets, and priorities. 

With the onset of COVID-19, we noticed an over-expansion of cybersecurity vendors – this was evident in the exhibitor space. We attribute this partly to the rise in remote work, increased ransomware attacks in the past year, and companies’ expanding attack surfaces.  

The cause for concern? 

With the current global economic downturn, many vendor solutions are now seen as a “nice to have”, budgets are being squeezed, and end users are prioritizing their investments based on risk.  

We also had conversations with end users who felt that the whole market is becoming a “Noah’s ark” of solutions – i.e., there are a lot of solutions that have been built in the hope end users see value. We foresee not just a consolidation of the vendors in the market, but also a consolidation of the actual solutions that end users view as critical to their needs. 

The reality is that financial winds of change are blowing, whether it is customers focusing on maximising the return on their budget, or investment dollars looking for a home, there is a tightening coming. While our industry is relatively well-placed to withstand these financial pressures, the ability to build those trusted relationships with our customers and help them achieve tangible positive outcomes will be a key differentiator. 

Emphasis on Business Enablement  

It was refreshing to see many vendors focus less on fear, uncertainty, and doubt and more on business enablement and benefits to the customer.  

Understanding how technology supports initiatives that enable a company to grow is a win-win tactic in our book. This is a positive change and one that will help customers understand which products and services are vital as they mature their security programs.  

The Future of Information Security in EMEA 

There is no doubt that cybersecurity is a vital component of every business, and that was evident at the conference. We’re excited to be a part of the momentum in the EMEA region and support the global cybersecurity community through our platform driven, human delivered methodology and our focus on business enablement. 

Infosecurity Europe may be over, but that doesn’t mean our conversation has to end. Connect with NetSPI today to learn how we can meet your global offensive security needs.

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On June 20, 2022, NetSPI EMEA Managing Director Steve Bakewell was featured in this TechRound interview called Meet Steve Bakewell, EMEA Managing Director at Penetration Testing and Attack Surface Management Provider: NetSPI. Read the preview below or view it online.

+++

What is Penetration Testing as a Service (PTaaS)?

Businesses are always-on, and as security should enable the business, it needs to be aligned. PTaaS is the model NetSPI has chosen to deliver our portfolio of penetration testing services in an iterative and programmatic manner. Powered through NetSPI’s Resolve platform, customers can orchestrate and manage their penetration testing program at a cadence that suits their operational tempo. Whether it’s scoping and prioritizing tests, communicating directly with NetSPI’s expert team of penetration testers, accessing real-time results during the test or integrating with service management and GRC tooling to get the right data in front of the right people for faster decision-making. PTaaS enables customers to mature their security testing program and move towards continuous security improvement.

Why is penetration testing so critical in the current era of hybrid work?

I’ve just come from that world in my previous role and saw the impact the pandemic had on remote working. Overall, the pandemic and hybrid working enforced a level of change in such a short period of time, forcing businesses to find ways to continue operating efficiently and effectively. However, hybrid working increases risks both on the client side, as remote workers create new entry points to the corporate network, particularly where they use non-corporate devices. Then on the server-side, we’re seeing a substantial increase in the attack surface, including the increased take-up of cloud services. From a security testing perspective, there is a substantial amount of ground to cover, from network to cloud, as well as Attack Surface Management (ASM). Penetration testing, managed through a platform like Resolve, provides a way to help organizations reduce the risks of hybrid working by enabling an increased level of testing in a frictionless way.

Read the full article online here.

[post_title] => TechRound: Meet Steve Bakewell, EMEA Managing Director at Penetration Testing and Attack Surface Management Provider: NetSPI [post_excerpt] => On June 20, 2022, NetSPI EMEA Managing Director Steve Bakewell was featured in this TechRound interview called Meet Steve Bakewell, EMEA Managing Director at Penetration Testing and Attack Surface Management Provider: NetSPI. [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => techround-emea-penetration-testing-attack-surface-management-expansion [to_ping] => [pinged] => [post_modified] => 2022-06-24 13:56:05 [post_modified_gmt] => 2022-06-24 18:56:05 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.netspi.com/?p=27988 [menu_order] => 27 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 27814 [post_author] => 119 [post_date] => 2022-05-25 16:34:17 [post_date_gmt] => 2022-05-25 21:34:17 [post_content] =>

On May 25, 2022, NetSPI Managing Director, Steve Bakewell, was featured in an article in VentureBeat called The State of the GDPR in 2022: Why So Many Orgs are Still Struggling. Preview the article below, or read the full article online.

+++

Today marks the fourth anniversary of the EU’s General Data Protection Regulation (GDPR), which originally came into effect in May 2018, and forced organizations to rethink the way they collect and store data from EU data subjects. 

The GDPR gave consumers the right to be forgotten, while mandating that private enterprises needed to collect consent from data subjects in order to store their data, and prepare to remove their information upon request. 

However, even years after the legislation went into effect, many organizations are struggling to maintain regulatory compliance while European regulators move toward more stricter enforcement actions. 

For example, Facebook is still having difficulties complying with the GDPR, with Motherboard recently discovering a leaked document revealing that the organization doesn’t know where all of its user data goes or how it’s processed. 

Of course the challenge of GDPR compliance isn’t unique to Facebook. In fact, AmazonWhatsApp, and Google, have all had to pay 9-figure fines to European data protection authorities. 

But why are so many organizations failing to comply with the regulation? The answer is complexity.

Why GDPR Compliance is an Uphill Battle 

The widespread movement of organizations toward cloud services over the past few years has increased complexity on all sides. Organizations use applications that store and process customer data in the cloud, and often lack the visibility they need to protect these assets. 

“Companies have done a lot of work to bring their systems and processes in line with the GDPR, but it is a continuous exercise. In the same way regulations change, so does technology,” said Steve Bakewell, managing director EMEA of penetration testing provider NetSPI

“For example, the increasing uptake in cloud services has resulted in more data, including personal data, being collected, stored and processed in the cloud,” Bakewell said. 

With more data stored and processed in native, hybrid, and multicloud environments, enterprises have exponentially more data to secure and maintain transparency over, that’s beyond the perimeter defenses and oversight of the traditional network. 

Organizations like Facebook that can’t pin down where personal data lives in a cloud environment or how it’s processed inevitably end up violating the regulation, because they can’t secure customer data or remove the data of subjects who’ve given consent. 

Read the full article online.

[post_title] => VentureBeat: The State of the GDPR in 2022: Why So Many Orgs are Still Struggling [post_excerpt] => On May 25, 2022, NetSPI Managing Director, Steve Bakewell, was featured in an article in VentureBeat called The State of the GDPR in 2022: Why So Many Orgs are Still Struggling. [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => venturebeat-state-of-gdpr-2022 [to_ping] => [pinged] => [post_modified] => 2022-05-25 16:34:18 [post_modified_gmt] => 2022-05-25 21:34:18 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.netspi.com/?p=27814 [menu_order] => 37 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 27815 [post_author] => 119 [post_date] => 2022-05-25 15:27:19 [post_date_gmt] => 2022-05-25 20:27:19 [post_content] =>

On May 25, 2022, NetSPI Managing Director, Steve Bakewell, was featured in an article in VMblog called 4 Years of GDPR: Expert Commentary Shared. Preview the article below, or read the full article online.

+++

Wednesday, May 25th marks the four year anniversary of the EU-wide General Data Protection Regulation (GDPR) enforcement. It comes as a timely reminder to all of us about the importance of data privacy as an increasing number of cyberattacks continue to take place. 

To commemorate the milestone during this anniversary period, a few industry experts from various companies have shared their expertise and thoughts with VMblog.

Steve Bakewell, Managing Director EMEA, NetSPI:

"On the fourth anniversary of the GDPR, it's fair to say the legislation has impacted both consumers and companies alike. Consumers are more aware of the value of their personal data and how companies collect and use it, which is increasingly informing the choices they make as well as the brands and services they trust. Data breach notification rules have increased transparency and cookie warnings are everywhere, yet remain inconsistent. This lack of consistency is being addressed by the EU within its wider ePR (ePrivacy Regulation) update, which serves as an example that regulations tend to change over time.

Companies have done a lot of work to bring their systems and processes inline with the GDPR, but it is a continuous exercise. In the same way regulations change, so does technology. For example, the increasing uptake in cloud services has resulted in more data, including personal data, being collected, stored and processed in the cloud.

Moving forward, companies should be confident they have mapped out the data lifecycle for the organisation, including what it is, where it is, how it is collected, stored, processed and deleted. Understand and implement both privacy and security requirements in systems handling the data, then test accordingly across all systems, on-prem, cloud, operational technology, and even physical, to validate controls are effective and risks are correctly managed."

Read the full article online.

[post_title] => VMblog: 4 Years of GDPR: Expert Commentary Shared [post_excerpt] => NetSPI Managing Director, Steve Bakewell, was featured in an article in VMblog called 4 Years of GDPR: Expert Commentary Shared. [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => vmblog-4-years-gdpr-expert-commentary [to_ping] => [pinged] => [post_modified] => 2022-06-07 09:35:56 [post_modified_gmt] => 2022-06-07 14:35:56 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.netspi.com/?p=27815 [menu_order] => 36 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [4] => WP_Post Object ( [ID] => 27813 [post_author] => 119 [post_date] => 2022-05-25 15:24:18 [post_date_gmt] => 2022-05-25 20:24:18 [post_content] =>

On May 25, 2022, NetSPI Managing Director, Steve Bakewell, was featured in an article in Enterprise Security Tech called Experts Share How Far We've Come and What We're Still Missing. Preview the article below, or read the full article online.

+++

May 25 marks four years since the introduction of GDPR, a law that completely transformed how organizations collect, store and protect user data. We heard from cybersecurity and privacy experts on how GDPR impacted the industry and their current thoughts on the law today and how it might impact the future.

Steve Bakewell, Managing Director EMEA, NetSPI

“On the fourth anniversary of the GDPR, it's fair to say the legislation has impacted both consumers and companies alike. Consumers are more aware of the value of their personal data and how companies collect and use it, which is increasingly informing the choices they make as well as the brands and services they trust. Data breach notification rules have increased transparency and cookie warnings are everywhere, yet remain inconsistent. This lack of consistency is being addressed by the EU within its wider ePR (ePrivacy Regulation) update, which serves as an example that regulations tend to change over time.

Companies have done a lot of work to bring their systems and processes inline with the GDPR, but it is a continuous exercise. In the same way regulations change, so does technology. For example, the increasing uptake in cloud services has resulted in more data, including personal data, being collected, stored and processed in the cloud.

Moving forward, companies should be confident they have mapped out the data lifecycle for the organisation, including what it is, where it is, how it is collected, stored, processed and deleted. Understand and implement both privacy and security requirements in systems handling the data, then test accordingly across all systems, on-prem, cloud, operational technology, and even physical, to validate controls are effective and risks are correctly managed.”

Read the full article online.

[post_title] => Enterprise Security Tech: GDPR Fourth Anniversary - Experts Share How Far We've Come and What We're Still Missing [post_excerpt] => On May 25, 2022, NetSPI Managing Director, Steve Bakewell, was featured in an article in Enterprise Security Tech called Experts Share How Far We've Come and What We're Still Missing. [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => enterprise-security-tech-gdpr-fourth-anniversary [to_ping] => [pinged] => [post_modified] => 2022-06-07 09:36:00 [post_modified_gmt] => 2022-06-07 14:36:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.netspi.com/?p=27813 [menu_order] => 38 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 5 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 28022 [post_author] => 65 [post_date] => 2022-07-05 08:00:00 [post_date_gmt] => 2022-07-05 13:00:00 [post_content] =>

Bolstering over 350 exhibitors and more than 190 expert sessions, Infosecurity Europe is one of the largest gatherings of cybersecurity professionals in Europe. This year, the NetSPI team made an appearance in the exhibitor hall.  

During Infosecurity Europe, NetSPI officially announced its expansion into the EMEA region. We’ve experienced growing demand from EMEA organizations, and we feel that NetSPI is well-positioned to deliver in this region. 

Aside from the hustle and bustle of the conference itself, we devoted much of our time to the exhibitor hall – where we noticed a few interesting themes. Continue reading for our three key observations from Infosecurity Europe and our conversations with the EMEA cybersecurity community. 

Automate Where Necessary 

Walking the floor, the automation message was prevalent among vendor solutions. However, in conversations with end users, the underlying message was that automation needs to serve a purpose, linked to, for example, improving cybersecurity workflows and processes. As Lalit Ahluwalia, writes in this Forbes article, the top drivers for automation include the lack of skilled workers, lack of standardization, and the expanded attack surface

It is also important to understand that technology alone should not be viewed as a “silver bullet.” There is a fundamental need to ensure that skilled humans can triage the data to ensure accurate results and that the information delivered is valuable and actionable.  

Automation should enable humans to do their job better and spend more time on the tasks that matter most (e.g., in penetration testing, looking for critical vulnerabilities that tools cannot find). For more on the importance of people in cybersecurity, read Technology Cannot Solve Our Greatest Cybersecurity Challenges, People Can

Tightening of Venture Capital Funding and Cybersecurity Budgets 

Another heavily discussed topic at Infosecurity Europe centered around funding, budgets, and priorities. 

With the onset of COVID-19, we noticed an over-expansion of cybersecurity vendors – this was evident in the exhibitor space. We attribute this partly to the rise in remote work, increased ransomware attacks in the past year, and companies’ expanding attack surfaces.  

The cause for concern? 

With the current global economic downturn, many vendor solutions are now seen as a “nice to have”, budgets are being squeezed, and end users are prioritizing their investments based on risk.  

We also had conversations with end users who felt that the whole market is becoming a “Noah’s ark” of solutions – i.e., there are a lot of solutions that have been built in the hope end users see value. We foresee not just a consolidation of the vendors in the market, but also a consolidation of the actual solutions that end users view as critical to their needs. 

The reality is that financial winds of change are blowing, whether it is customers focusing on maximising the return on their budget, or investment dollars looking for a home, there is a tightening coming. While our industry is relatively well-placed to withstand these financial pressures, the ability to build those trusted relationships with our customers and help them achieve tangible positive outcomes will be a key differentiator. 

Emphasis on Business Enablement  

It was refreshing to see many vendors focus less on fear, uncertainty, and doubt and more on business enablement and benefits to the customer.  

Understanding how technology supports initiatives that enable a company to grow is a win-win tactic in our book. This is a positive change and one that will help customers understand which products and services are vital as they mature their security programs.  

The Future of Information Security in EMEA 

There is no doubt that cybersecurity is a vital component of every business, and that was evident at the conference. We’re excited to be a part of the momentum in the EMEA region and support the global cybersecurity community through our platform driven, human delivered methodology and our focus on business enablement. 

Infosecurity Europe may be over, but that doesn’t mean our conversation has to end. Connect with NetSPI today to learn how we can meet your global offensive security needs.

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