I recently was
privileged enough to be asked to present at a merchant forum in London. Interestingly,
the intended recipients had been very much in the driving seat since they had
selected the topics themselves. After my previous posts (Part 1 and Part 2) on
connecting the dots between information security, risk and fraud, you can
imagine my pleasure that I, alongside my fellow speakers, were asked to do just
that... A delightfully interactive audience, some very interesting chats at the
breaks and the recent buzz about the value of security conferences prompted me
to share some thoughts on how actively to engage with your stakeholders and get
the results you need...
A blog about information security, payments, risk, fraud, digital innovation and social media... Connect on LinkedIn?
22 April 2012
9 April 2012
5 STEPS TO A SUCCESSFUL SOCIAL ATTACK - What's Your Threshold?...
Google
In a previous post, I highlighted that mass marketing fraud against individuals cost the UK economy £3.5 billion in 2011, that is ten time more than the cost of plastic card fraud in the same year, or equivalent to the total fraud losses incurred by the financial services sector in the same period! Sobering perpective, don't you think? We all know that mass marketing fraud is where criminals aim to defraud multiple individuals to maximise revenue by persuading victims to
transfer monies in advance in exchange for
promised goods, services or benefits. And we all know that this is usually done via mass-communications media (such as telephone calls, letters, emails and text messages) and ranges from foreign lottery/ sweepstake frauds through to ponzi schemes and romance frauds or any other abuse of trust... So, we all know better, don't we?...
1 April 2012
FROM FRAUD TO INFOSEC and vice versa... Part 2
Google
In my previous post, I summarised the UK National Fraud
Authority latest Annual Fraud Indicator and how it relates to information
security. In this post, I delve further on this connection by further refining
the key fraud enablers used to defraud victims of all types. These cut across the
fraud landscape and often overlap which poses further challenges for
quantifying their impact, but the classification is nonetheless helpful and
recognisable.
FROM FRAUD TO INFOSEC and vice versa... Part 1
Google
In my last post, I attempted to give some real business metrics to help secure information security investment. One of those metrics set related to our ability to link infosec to fraud and in this post I’d like to examine the connection a bit further. Lucky for me, the UK National Fraud Authority have just released their 2012 Annual Fraud Indicator (readers beware, it’s 58 pages...), so with my infosec lens, I’ll take you through the report and hopefully give you some more KPIs to think about...
26 March 2012
VERIZON DBIR 2012 - some context...
Google
The Verizon
DBIR 2012 was released last week and I am sure you have seen a lot of blog
posts, articles and tweets on the subject... So let me try and put a different
perspective on it: many of you will have heard me say that the DBIR is the
“gift that keeps on giving”, and yes, it is! But as with every report,
statistics and opinions always have to be put into the right context... The conclusions are not surprising, but there are quite a few little
nuggets in the report that are worth examining...
To start with, I am glad to see that the analysis now offers
some separate insights in relation to SMEs and larger organisations, as some of
the issues can be different depending on size. The case load is also bigger
this year (855 incidents compared to 761 in 2010) and known compromised records
studied were also greater (3.8 million in 2010 compared to 174 million in 2011
- mostly due to the return of the “mega breaches” in 2011 after a relatively
quiet 2010).
Labels:
Cloud,
cybercrime,
Data Breach,
DBIR,
infosec,
PCI DSS,
security,
Verizon
18 March 2012
THE INFOSEC INVESTMENT EQUATION: CAN YOU SOLVE IT?...
Google
I can’t believe my last
post was on 4th March! I am positively thrilled that my most
popular entry so far is the one about incident
response... This means that we must be coming to terms with the fact that
data breaches are a statistical certainty and how we handle them is what
matters. Good news: this means we’ve got the attention we need. Now we need to
convert this attention into the investment it requires. External statistics may
give you the hook but, as abundant as they are, do not however make it relevant
to your business when trying to secure the infosec investment you require...
4 March 2012
MANAGE RISK BEFORE IT DAMAGES YOU: PART TWO...
Google
In the previous
post, I spoke about the importance of having an asset register and how
crucial asset classification is. After all, not many of us have unlimited
resources, therefore focusing investment where it matters most is the way to
go. Whilst I was thinking about this, the link between changing the CISO
traditional attitude and the necessity for risk management became even more
apparent and I would like to expand on the trinity of “Asset, Technical
Services and Business Need”...
26 February 2012
MANAGE RISK BEFORE IT DAMAGES YOU: PART ONE...
Neira Jones on Google+
After my part
1 and part
2 posts on incident response and the last post on cloud
computing security, a number of you requested I talk about risk assessments.
Since it’s currently my favourite topic, I am more than happy to oblige... First,
a few facts:
- Epsilon was breached in the first quarter of 2011. At the time, they built and hosted customer databases for 2,500 well-known brands and sent more than 40 billion emails a year on their behalf.
- Not long after, the Sony breach ended up compromising personally identifiable information for more than 100 million of its customers.
Obviously, for both organisations, customer information is a
key asset...
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