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2008

 

Top 10 Employee Security Gaps to Plug Right Now

 

Current: If it seems that companies aren’t learning anything from the front-page security mistakes of competitors, take heart: Consultants and security experts are. Based on their experience and observations, here are 10 security gaps the experts have observed over and over, along with advice for addressing them. (Read more...)

 

Moving Targets: The Risk of Mobile Devices

 

Current: "[Businesses face] an increasing amount of data with greater and greater value, most of which is created electronically [and] never makes it to paper, dwells in a variety of places, and increasingly is on smaller and smaller computing devices, like laptops and PDAs, making management that much more challenging and failures that much more likely," he says.

 

Kahn is founder and principal of Kahn Consulting, a consulting firm specializing in legal, compliance, and policy issues of business information and IT.

 

All of the factors Kahn cites are combining to create a potential nightmare for any company using mobile devices without solid controls in place—and that, unfortunately, describes all but a very few companies. (Read more...)

 

Access Control: 10 Best Practices

 

Current: Properly implemented, access controls only give employees access to the applications and databases they need to do their jobs. At many regulated organizations, such controls are too often manual, outdated, and largely ineffective. Here’s how to overhaul your access control program. (Read more...)

 

Encryption Isn’t Enough: Five Vital Protection Steps

 

Current: While still considered the most crucial aspect of data protection, encryption alone will no longer keep your data safe from hackers and thieves. If businesses don’t develop a multi-faceted arsenal of security weapons, they are easy targets for data theft.

 

Encryption is a powerful weapon in the CIO’s data protection arsenal. But the multi-faceted threats abound today reveal that it is not the only way to reliably protect your data. (Read more...)

 

Electronic Monitoring: How Far Can You Go?

 

JANUARY 2008: From the perspective of employees, electronic monitoring by employers involves important privacy concerns. Electronic monitoring allows an employer to observe what employees do on the job and review employee communications, including e-mail and Internet activity, often capturing and reviewing communications that employees consider private. (Read more...)

 

 

2007

 

Information Security Standards: The 10 Keys to Protecting Your Network

 

DECEMBER 2007: Information is now the crucial asset for many companies. Thus, competitive, operational and compliance factors demand extraordinary steps are taken to protect data from being compromised-either accidentally or maliciously. The following are 10 key components to ensuring the security of network data: (Read more...)

 

Confronting the emerging threat: auditors can help their organization craft a multifaceted approach to preventing information security breaches

 

OCTOBER 2007: "DATA BREACH" HAS BECOME THE CATCH-ALL PHRASE used to describe the endless drumbeat of information security incidents in recent years. Although this term may be interpreted in many ways and used in a variety of contexts, it causes a universal reaction: fear. While it is difficult to measure the damage that data breaches cause, organizations exposed to a publicized database intrusion, laptop theft, or similar incident experience diminished customer confidence and the accompanying consequences. Individuals victimized by identify theft due to a data breach spend years attempting to resolve the harm done to their credit histories and are often unable to fully reclaim their privacy. The proliferation of data collection by organizations in all industries and sectors, coupled with the increasingly sophisticated tactics used by those seeking to steal sensitive information, have forced organizations to confront this emerging threat directly. (Read more...)

 

IT professionals pessimistic about privacy and data security

 

AUGUST 2007: ORGANIZATIONS ARE NOT DOING ENOUGH TO monitor databases for suspicious activities and to prevent data loss, according to two recent studies by the Ponemon Institute, a privacy and data protection research and education firm based in Traverse City, Mich. Database Security 2007: Threats and Priorities Within IT Database Infrastructure concludes that IT professionals face incredible challenges in securing sensitive data. Additionally, the survey--completed by 649 respondents in corporate IT departments worldwide--reports that there is a significant organizational disconnect between knowledge of the threat and urgency in addressing the threat. The study was commissioned by information security firm Application Security Inc. (Read more...)

 

Keeping Secrets

 

JULY 2007: How to protect your computer from snoops and spies

 

You may be able to keep a secret, but how confident are you that your computer is up to the task?

 

As a CPA, you’re entrusted with loads of confidential information, and your professional reputation depends on your discretion. But your computer may be vulnerable to someone accidentally or maliciously prying into or tampering with that confidential data.

 

This article examines the dangers and ways to make your information more secure. Notice I say more secure because security is a relative condition: The higher the security, the harder it is for a meddler or a crook to access it; but it also becomes more difficult for you to access. So, as a practical matter, you probably need a level of security that keeps out the innocent meddler and all but the most determined and sophisticated intruder—yet still gives you access with relative ease. (Read more...)

 

What Every IT Auditor Should Know About Auditing Information Security

 

2007: Much has been written about information security and how to manage or audit it. The approach to auditing any specific information technology (IT) is similar in the nontechnical aspects: IT auditors complete a risk assessment based on some "model" of that IT. For information security management and audits, a commonly used model is confidentiality, availability and integrity (CAI). These characteristics of information are considered those most commonly protected.1 Herein, this model will be referred to as the information security (infosec) triangle. (Read more...)

 

2006

 

Security Roundtable

 

September 2006: What do the experts think of The Global State of Information Security 2006 survey results? Washington Bureau Chief Allan Holmes asked them. (Listen to Podcast)

 

Five Steps to IT Risk management Best Practices

 

JULY 2006: As individuals, corporations, and our economy grow increasingly dependent on the Internet and IT systems, the risks in these systems become far more visible and significant. Breaches or failures of information systems cause serious business crises, including reputation damage caused by identify theft, business losses stemming from system failures and regulatory restrictions arising from compliance issues.

 

The rate of recovery from these events is a contributing factor in the severity of the business crises. A recent study by Oxford Executive Research found that companies that recovered quickly from major operational disasters increased their share price by 5% on average versus the market. Companies that struggled to regain their operations took a 20% drop in relative value. From this research, it appears that investors factor a company's resilience to adversity into its stock price.

 

It is clear to see why corporate executives in boardrooms around the world want answers to the IT risk question: (Read more...)

 

Computer Fraud And Abuse Act: Another Arrow In The Quiver Of An Employer Faced With A Disloyal Employee - Part II

 

JUNE 2006: In International Airport Centers, L.L.C. v. Citrin1, decided in March, the Seventh Circuit Court of Appeals examined the difference between "without authorization" and "exceeding authorized access" under the Computer Fraud and Abuse Act ("CFAA") and held that, while it is "paper thin" it is "not quite invisible." (Read more...)

 

Computer Fraud And Abuse Act: Another Arrow In The Quiver Of An Employer Faced With A Disloyal Employee - Part I

 

MAY 2006: The days when a disloyal departing employee would sneak into the office at night and, by the light of a flashlight, pack up a briefcase full of documents containing his employer's trade secrets and other confidential information in order to start up a competing business or to give them to his new employer have, for the most part, passed. Today, that same employee may download the same information off the very laptop his employer provided to him to do his job or he may email it from the office during lunch or via remote access from the comfort of his home, while watching American Idol.

 

While the tools available to the disgruntled employee have multiplied as a result of the computer revolution, the oft-used arrows in the quiver of the employer - such as filing for immediate injunctive relief based on theories of breach of restrictive covenants, breach of duty of loyalty, misappropriation, conversion, unfair competition, tortious interference - may be supplemented with a claim under the less familiar and infrequently used Computer Fraud and Abuse Act ("CFAA"). (Read more...)

 

2005

 

Opportunities for computer crime: considering systems risk from a criminological perspective

 

DECEMBER 2005: Systems risk refers to the likelihood that an Information System (IS) is inadequately protected against certain types of damage or loss. While risks are posed by acts of God, hackers and viruses, consideration should also be given to the 'insider' threat of dishonest employees, intent on undertaking some form of computer crime. Against this backdrop, a number of researchers have addressed the extent to which security managers are cognizant of the very nature of systems risk. In particular, they note how security practitioners' knowledge of local threats, which form part of such risk, is often fragmented. This shortcoming contributes to situations where risk reducing efforts are often less than effective. (Read more...)

 

Creating and Enforcing an Effective Information Security Policy

 

NOVEMBER 2005: Two years ago, several Internet worms impacted business in a way that had never been seen before. Slammer, SoBig, Blaster and other fast-spreading worms leveled networks at private and public organizations and disrupted services on a global scale. Yet these threats pale in comparison to the potential dangers of future Internet attacks.

 

In the future, Warhol threats are likely to emerge with the ability to spread across the Internet, infecting vulnerable systems in 15 minutes or less.

 

For the prevention of dangerous security threats and also for compliance to a variety of industry and federally mandated standards, corporations need to implement a proactive information security strategy. The first step to execute this strategy should be to create a solid, enforceable security policy. (Read more...)

 

Best Practices for Establishing an Effective Workplace Policy for Acceptable Computer Usage

 

NOVEMBER 2005: Providing virtually unconstrained access to technology tools in the workplace puts many human resource (HR) departments in a quandary. On one hand, their dramatic benefits necessitate that employees have broad access to computing resources. On the other, employees' use of internal computer resources—including e-mail, the Internet and software applications—can open an organization to a host of risks, including security breaches, lost productivity, wasted computer resources, e-viral infections, business interruption, and civil and criminal lawsuits.

 

While controlling the usage of information technology and communication resources is only one aspect of e-business security, it is clearly one of the most important. (Read more...)

 

Data Secured? Taking on Cyber-Thievery

 

OCTOBER 2005: When hackers broke into the network of CardSystems Solutions, a credit card payment processor, last June, it was not just another example of failed data security. By gaining access to more than 40 million MasterCard, Visa, American Express and Discover credit card accounts, these criminals were responsible for what may be the largest data security breach to date. And for CardSystems, the fallout has been severe. In the wake of the incident, California consumers and retailers filed a class-action lawsuit against the processor, as well as MasterCard and Visa, for violating state law by failing to properly secure their network and by failing to quickly notify consumers of the breach after it occurred. Two of CardSystems' largest clients, Visa and American Express, then dropped the processor entirely. So as a result of their failure to adequately protect customer data, CardSystems has said that it now faces "imminent extinction."

 

Unfortunately, these occurrences have become all too common. (Read more...)

 

2004

 

Computer Monitoring and Surveillance

 

JULY 2004: Information security and employee privacy are important issues facing all organizations. E-mail monitoring software will grow significantly in the next five years, from $139 million in sales (2001) to $662 million (2006), according to International Data Corp. (IDC). Federal legislation mandates that companies actively safeguard personal information. Standards established by the Federal Trade Commission (FTC) focus on maintaining the security and confidentiality of personal records and information, protecting against internal and external threats to the security or integrity of such records, and protecting against unauthorized access or use of personal records.

 

Whereas past information security efforts centered on protecting systems from external threats (e.g., computer hackers), the risk of internal threats to personal information has spawned both new legislation and new market opportunities. (Read more...)

 

The Weak Link in IT Security

 

JULY 2004: Increasingly powerful IT applications have become the mainstay of modern business technology. The risk of viruses, unauthorized data access and electronic vandalism, however, all make strong IT a must. But no mater how many passwords are implemented or how many firewalls are built, the culprit most likely to crash a company's system is the one least expected-the company's own employees. (Read more...)

 

The Five Pillars of Information Security

 

JULY 2004: Establishing an information security program is much like building a large structure; for both, you need a solid foundation without which the entire effort will crumble. When establishing a system for information security, that foundation needs to set on five crucial risk management practices or pillars: protection, detection, reaction, documentation and prevention. (Read more...)

 

Computer Fraud: Analyzing Perpetrators and Methods

 

JULY 2004: Robust economic growth carries with it the potential for corruption. Evidence that this potential has become reality for many businesses can be found in a 2003 survey by the Computer Security Institute, which showed that 56% of businesses reported some form of unauthorized use of their computer system. The same technology that is driving greater productivity is also facilitating large-scale fraud. The increasing number of technologically skilled individuals accessing a company’s computer system increases the system’s vulnerability to attack from within and without. (Read more...)

 

2004: It would be nice to assume that everyone associated with a business is honest. A totally honest workforce would certainly eliminate the need for controls to prevent crime. Of course, that assumption is not viable. People will commit crimes for many reasons, some of which are rational, others of which may make no sense to the observer. The larger the organization, the more likely it is that someone is out to commit a crime. Managers who subscribe to this belief are not necessarily paranoid. In fact, most managers can name their disgruntled employees. (Read more...)

 

2003

 

Assessing and Preventing Risks from E-mail System Use

 

SEPTEMBER 2003: E-mail systems first evolved as a casual, personal means of communication. Accordingly, they are often regarded solely as a means of communication and not as a source of significant company risk. If e-mail risk is considered at all, the primary concern is the risk of viruses. While computer viruses pose great risk of loss to companies, recent court cases and news reports show that e-mail poses other significant threats to the enterprise as well. Some of these other threats include sexual harassment, wrongful termination, unsolicited commercial e-mail (spam), embarrassment and sabotage.

 

What can be done to prevent and/or mitigate these risks posed by e-mail systems? Many firms rely on software solutions as the sole means of minimizing e-mail risk. However, a much more effective approach is the development and enforcement of a comprehensive corporate e-mail policy. The purpose of this paper is to highlight the nature of the various risks posed by e-mail systems and to outline the development, introduction, and maintenance of an effective e-mail policy. (Read more...)

 

Auditing Employee Use of E-mail

 

JANUARY 2003: Most IS professionals are aware of the pervasiveness of e-mail. In fact, paper-based communication has been superseded by e-mail messaging to transmit important business documents. Unfortunately, many senior managers remain unaware of this fact. One group forecasts that the number of e-mails sent daily will leap from 9.7 billion in 2000 to more than 35 billion in 2005. And it is estimated that corporate employees currently handle an average of 70 e-mail messages a day.

 

Businesses have embraced e-mail for the efficiencies it promotes, but the lack of e-mail management is a significant problem yet to be addressed for private sector organizations and the federal government. Many e-mails are official company records that must be preserved and made accessible upon demand. As a result, responsibility lies squarely on employers to provide policies and procedures that ensure that adequate and well-organized e-mail records are maintained. E-mail records can provide important knowledge about how decisions are made and the time frame in which they are made. (Read more...)

 

 

2003: All stages of computer operations are susceptible to criminal activity, either as the target of the crime, the instrument of the crime, or both. Input operations, data processing, output operations, and communications have all been utilized for illicit purposes. The more common types of computer related crime are categorized here. (Read more...)

2003: This checklist will help you to assess whether your organization has put the appropriate physical and logical controls over your information system in place.

 

The checklist is intended for general guidance and information only. Use of the checklist does not guarantee the adequacy of computer security, and it is not intended as a substitute for audits or similar procedures. (Read more...)

 

2002

 

Risky Business - Internal audit teams up with the audit committee to tackle IT security needs.

 

JUNE 2002: It’s no secret why audit committees are examining their information technology systems and security risks for their companies: They have no choice. Amid more frequent virus and hacker attacks and concerns about cyberterrorism, boards are diligently gathering information on the subject. “Audit committees are beginning to see IT security as a challenge they can’t ignore,” says Stephen Head, CPA, senior security consultant in the enterprise security practice group of Royal & Sun Alliance Inc., Charlotte, North Carolina. Now is a perfect time for internal auditors to identify information risks and get board approval to protect their company’s financial viability by ensuring appropriate, cost-effective IT security controls are in place and working. (Read more...)