Capital One's enormous data breach is a subject of intense scrutiny as well as fear. A definitive post mortem is likely months away. But security professionals have ideas as to how the breach was achieved and the weaknesses that led to it.
The latest edition of the ISMG Security Report analyzes the root causes of the Capital One data breach. Also featured: breach remediation advice and compliance with New York's new third-party risk management requirements.
The cause of Capital One's breach is known. But experts say the incident still raises questions over why Capital One held onto personal data so long and if the bank was adequately monitoring administrator accounts.
The Capital One data breach is in early stages of remediation. Art Coviello, former chair of RSA, which was breached in 2011, shares first-hand insight on steps the breached institution and its CEO should be taking now.
The sentencing of a former worker at a substance abuse treatment provider in connection with a Medicaid fraud conspiracy "is an important reminder about the threats from insiders," one privacy attorney says.
A former software engineer for an Illinois-based locomotive manufacturer allegedly stole proprietary information and other intellectual property from the company before fleeing to China, according to an indictment the U.S. Justice Department unsealed Thursday.
George Orwell's "1984" posited a world in which Big Brother monitored us constantly via "telescreens." But thanks to our "smart" AI home assistants - from Google, Amazon and others - we're increasingly installing the monitoring equipment ourselves, and it may "hear" much more than we realize.
For years, security leaders focused primarily on malicious insiders - those who intend to do harm to an organization. But CISOs are increasingly concerned about the accidental insider. And Anne-Marie Scollay of Axiom Law has a program targeting this growing threat.
Threat intelligence programs have evolved greatly over the past decade. But Mario Vuksan, CEO of ReversingLabs, says too many organizations are overlooking the value of local intelligence embedded in their own networks. Vuksan talks about maximizing TI resources.
A former Equifax CIO who sold his stock in the company after learning about its 2017 data breach several months before the public and government agencies were informed has been sentenced to four months in prison for insider trading. Another former Equifax executive was sentenced on similar charges last year.
Many cybersecurity tools are designed to block or allow specific activities based on prescribed rules, but with insider breaches continuing, enterprise protection also requires real-time reaction to actual user behavior, says Carl Leonard of Forcepoint.
Carelessness, a lack of security awareness, unclear data ownership and poor toolsets are root causes of insider breaches, says Tony Pepper, CEO of Egress, which recently surveyed CISOs and employees to trace the cause of insider breaches resulting from both intentional and unintentional loss.
The latest edition of the ISMG Security Report describes Apple's newly announced single sign-on function that's built with privacy in mind. Plus, a discussion of the "other" insider threat and an Infosecurity Europe conference recap.