Tag Archives: information security

Corporate Data Security

Corporate data is one of the prized trophies in the circles of information underground. Despite the fact that there are elaborate corporate data security policies in place, new threats keep on emerging every once in a while. While most of the threats are easily contained if you follow a proactive approach to corporate information security, the process of management of information security is not an easy one and you must be aware of new threats to deploy countermeasures in time.

The main threat in these new generation issues is the emergence of Botnets. Botnets use the power of distributed computing and connectivity provided by the internet. It is mainly used for attacks like distributed denial of service. They are something of an evolution of run of the mill computer virus or a worm. They are something like a set of interconnected computer worms working in tandem.

The process of deployment of a Botnet is simple. Anyone who can write a computer virus can easily modify it to take orders from a precoded computer over an IP connection. Every computer that gets infected with the said virus and is not healed in time becomes a part of the Botnet. As of now, Storm Worm has been the widest spread Botnet. It has since been contained but the worst of Botnet is yet to come.

Phishing attacks are another form of emergent threats to data security management. In fact phishing is turning into the worst nightmare every information security manager. The concept behind phishing emerged on AOL network. The main reason that phishing is becoming a very critical threat is because the attacker poses as the official entity. People find it really hard to differentiate between what is real and what is unreal. The result is that social engineering becomes ridiculously easy.

In most of the cases, the phishing attacks have been launched against banking institutions. Phishers would lure customers of these banks to reveal their account information by present a page which is designed in such a manner that it looks as realistic as can be. In the recent times there has been a wave of phishing attacks where the attackers pose as the Internal Revenue Service. They are known to attack people for procuring their social security numbers and other taxation related data.

Another threat to corporate data security is Pharming. This attack works on the principle of DNS poisoning which allows the attacker to divert the traffic coming to a corporate web site to any other web site. The main victims of Pharming are again banking institutions but they are also known to be used for intra organizational social engineering to steal crucial company data.

A number of technologies are in development to prevent the damage dealt by these corporate data security threats. The best solution as of now is to educate the users and make sure that they do not fall victim to social engineering.

Failure To Encrypt Data May Lead To Serious Data Breaches And Hefty Fines

Organizations have to undertake a serious review of the way they handle data or the level of security of their information network. A school’s ignorance of the need to encrypt mobile and portable devices has led to a breach of the Data Protection Act, after a laptop was stolen from a teacher’s car, the Information Commissioner’s Office has found.

Freehold Community School in Oldham was said to have broken data laws when the unencrypted device containing personal information on 90 pupils was stolen from the car parked at the teacher’s home. Enquiries from the ICO found the school was not aware of the need to encrypt such devices. A school policy informing staff that storage devices should not be kept in cars away from school premises was however in place.

“The fact that the school was unaware of the need to encrypt the information stored on their laptop shows that many organizations continue to process personal information without having the most basic of security measures in place,” said Sally-Anne Poole, the ICO’s acting head of enforcement
Virgin Media Limited is an example of a large organization to be held to account for a breach of the UK’s Data Protection Act 1998 (DPA). The breach seems to have occurred following the loss of a compact disc that was passed to Virgin Media by Carphone Warehouse. The disc contained personal details of various individuals’ interest in opening a Virgin Media Account in a Carphone Warehouse store.

Virgin Media was required, with immediate effect, to encrypt all portable or mobile devices that store and transmit personal information. Further, the company is to ensure that any service provider processing personal information on its behalf must also use encryption software and this requirement has to be clearly stated in all contracts.

Over the past years laptops (Marks & Spencer), DVDs (HM Revenue and Customs), and memory sticks (PA Consulting) have all gone astray, with the potential loss of thousands of records.
Recently, the Ponemon Institute surveyed 275 European organizations in its latest lost laptop report to determine the economic consequences of having a laptop lost or stolen. It was found that participating organizations lost over 72,000 laptops during a 12-month period for a total economic impact of $1.79 billion, according to the “The Billion Euro Lost Laptop Problem” report, released in April. The researchers calculated that on average, each laptop loss cost participating organizations about $6.85 million in 2010.
The European study complemented the earlier Ponemon Institute’s December study which surveyed 329 organizations in the United States about laptop loss. Respondents lost more than 86,000 laptops over the course of a year, according to “The Billion Dollar Lost Laptop Study.” The report valued the total cost at $2.1 billion at the time.
When the resulting losses from the European study are combined with the US study, the total damages ballooned to $3.9 billion across almost 160,000 lost laptops in the space of one year. Only 34 percent of lost laptops were encrypted, 26 percent were backed up regularly, and seven percent had other anti-theft features enabled, according to the European report. There were other similar trends in the European and US studies. Both reports found that roughly 30 percent of the lost laptops contained confidential data that was not encrypted.
Organizations have to pay more attention on data policies, and have a proficiently skilled IT security workforce in order to avoid cyber attacks and security breaches. IT security professionals can increase their information security knowledge and skills by embarking on advanced and highly technical training programs. EC-Council has launched the Center of Advanced Security Training (CAST), to address the deficiency of technically proficient information security professionals. CAST will provide advanced technical security training covering topics such as Advanced Penetration Testing, Digital Mobile Forensics, Advanced Application Security, Advanced Network Defense, and Cryptography, among others. These highly sought after and lab intensive information security training courses will be offered at all EC-Council hosted conferences and events, and through specially selected authorized training centers.

Failure To Encrypt Data May Lead To Serious Data Breaches And Hefty Fines

Organizations have to undertake a serious review of the way they handle data or the level of security of their information network. A school’s ignorance of the need to encrypt mobile and portable devices has led to a breach of the Data Protection Act, after a laptop was stolen from a teacher’s car, the Information Commissioner’s Office has found.

Freehold Community School in Oldham was said to have broken data laws when the unencrypted device containing personal information on 90 pupils was stolen from the car parked at the teacher’s home. Enquiries from the ICO found the school was not aware of the need to encrypt such devices. A school policy informing staff that storage devices should not be kept in cars away from school premises was however in place.

“The fact that the school was unaware of the need to encrypt the information stored on their laptop shows that many organizations continue to process personal information without having the most basic of security measures in place,” said Sally-Anne Poole, the ICO’s acting head of enforcement
Virgin Media Limited is an example of a large organization to be held to account for a breach of the UK’s Data Protection Act 1998 (DPA). The breach seems to have occurred following the loss of a compact disc that was passed to Virgin Media by Carphone Warehouse. The disc contained personal details of various individuals’ interest in opening a Virgin Media Account in a Carphone Warehouse store.

Virgin Media was required, with immediate effect, to encrypt all portable or mobile devices that store and transmit personal information. Further, the company is to ensure that any service provider processing personal information on its behalf must also use encryption software and this requirement has to be clearly stated in all contracts.

Over the past years laptops (Marks & Spencer), DVDs (HM Revenue and Customs), and memory sticks (PA Consulting) have all gone astray, with the potential loss of thousands of records.
Recently, the Ponemon Institute surveyed 275 European organizations in its latest lost laptop report to determine the economic consequences of having a laptop lost or stolen. It was found that participating organizations lost over 72,000 laptops during a 12-month period for a total economic impact of $1.79 billion, according to the “The Billion Euro Lost Laptop Problem” report, released in April. The researchers calculated that on average, each laptop loss cost participating organizations about $6.85 million in 2010.
The European study complemented the earlier Ponemon Institute’s December study which surveyed 329 organizations in the United States about laptop loss. Respondents lost more than 86,000 laptops over the course of a year, according to “The Billion Dollar Lost Laptop Study.” The report valued the total cost at $2.1 billion at the time.
When the resulting losses from the European study are combined with the US study, the total damages ballooned to $3.9 billion across almost 160,000 lost laptops in the space of one year. Only 34 percent of lost laptops were encrypted, 26 percent were backed up regularly, and seven percent had other anti-theft features enabled, according to the European report. There were other similar trends in the European and US studies. Both reports found that roughly 30 percent of the lost laptops contained confidential data that was not encrypted.
Organizations have to pay more attention on data policies, and have a proficiently skilled IT security workforce in order to avoid cyber attacks and security breaches. IT security professionals can increase their information security knowledge and skills by embarking on advanced and highly technical training programs. EC-Council has launched the Center of Advanced Security Training (CAST), to address the deficiency of technically proficient information security professionals. CAST will provide advanced technical security training covering topics such as Advanced Penetration Testing, Digital Mobile Forensics, Advanced Application Security, Advanced Network Defense, and Cryptography, among others. These highly sought after and lab intensive information security training courses will be offered at all EC-Council hosted conferences and events, and through specially selected authorized training centers.