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sandy ingram

Infosecurity (USA) - Passwords becoming risky form of enterprise authentication - 0 views

www.infosecurity-us.com/...m-of-enterprise-authentication

compliance security infosecurity passwords Best Practice

shared by sandy ingram on 04 Feb 11 - No Cached
  • “The fact that passwords remain the cornerstone of enterprise authentication represents a significant and increasing risk. The vulnerability of password-based authentication is widely recognized: From the earliest phishing attacks to the most sophisticated spyware, passwords still represent one of the most common methods hackers target and use to access corporate systems and sensitive data”, the study observed.The way to reduce the costs of lost passwords and the increased vulnerability of similar user passwords is through the use of strong multi-factor authentication, explained Chatterjee. For example, two-factor authentication involves the use of something the user remembers, such as a password, and something the user has, like a token.
  • This approach increases security because a hacker needs both to gain access to a system or account; figuring out the password is not enough. It also reduces the need for users to have multiple, complex passwords. The system's two factors provide the complexity from a security point of view, he explained. Chatterjee used the example of a bank ATM card, which requires the use of the card along with the password for the user to gain access to his or her account.
  • With the two-factor authentication, users do not need to have complex passwords that change frequently. This reduces the burden on the employees as well as on the help desk, he noted.
  • sandy ingram on 04 Feb 11
     
    "30% to 50% of help desk calls relate to forgotten passwords"
sandy ingram

Few businesses are likely to be insured against the result of cyber attacks - Security ... - 0 views

www.securitypark.co.uk/security_article263278.html

Best Practice Privacy Security Insurance Employee Fraud unemployment resession

shared by sandy ingram on 21 Jul 09 - Cached
  • Businesses are advised to thoroughly review risk management procedures and insurance programmes to ensure they have adequate and relevant cover in place: “The responsibility to get the house in order should lie with an organisation’s Managing Director or Finance Director, and not the IT department alone,” says Simon. “IT defences whilst vital only react to known problems and are not guaranteed to be 100 percent secure. Protection for the whole business and its sustainability is without doubt the safest option.”
  • “The economic downturn has resulted in people of all levels and responsibilities losing their jobs, and those with a detailed knowledge of their former employers’ IT and operating systems may well present a real potential threat, and turn to extortion as a way of taking revenge on their former employer, and of making some money at the same time.
  • According to The Wilson Organisation, insurers and underwriters are predicting a rise in white collar extortion as the recession continues to bite and unemployment figures increase. Worryingly many businesses do not have insurance cover for data or business loss.
  • sandy ingram on 21 Jul 09
     
    According to The Wilson Organisation, insurers and underwriters are predicting a rise in white collar extortion as the recession continues to bite and unemployment figures increase. Worryingly many businesses do not have insurance cover for data or business loss. "According to a DTI Information Security Breaches Survey, a third of UK businesses think general business insurance provides full cover for damage to the business arising from data loss," comments Wilsons' Simon Hoare, "but the reality is quite different, with very few businesses likely to be insured against the result of cyber attacks on its most crucial management and business tool - corporate and customer information, most of which is today held on corporate IT systems. "For public company directors, this is in fact in breach of their duties under the Turnbull Report, which requires them to identify, manage and take an informed opinion on the transfer of risks for the business."
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