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sandy ingram

Layoffs could lead to theft of interllectual property, placement of code - 0 views

www.linkedin.com/...366179-6510159

extortion layoffs employee workplace

shared by sandy ingram on 17 Nov 08 - No Cached
  • Since we are witnessing one of the most greatest surges in layoffs, how has your information security processes been coping with the increase?
  • I hear that many employees, in anticipation of a layoff, are stealing intellectual property. Thus, some damage to the company may be done prior to the lay off taking place.
  • have direct experience of employees who planted code that would disable key functions in the corporate IT system
  • ...9 more annotations...
  • I have met others who have bought their way into competitors using confidential information.
  • To be completely brutal and honest, if you are in a position to be worried about these things then your organisation has not taken its' security (in the broadest terms) seriously.
  • Security considerations are starting to move higher up the value chain away from its roots of network centricity towards applications and business concerns.
  • I have been monitoring the IT security industry and what I have noticed is not only the number of layoffs but also that there is so few high level IT Security jobs been advertised. Too many organisations see IT Security as an expense, and they have problem seeing the ROI form IT Security project.
  • how vulnerable is the Global economy to the next big attack.
  • corporations rapidly lose the ability to stop serious security breaches within the company as many in this forum have stated many examples.
  • I have seen many people go to extremes and sell this inside information, corporate espionage to name one example, in order to survive.
  • To understand the seriousness of this economic turmoil affecting corporation globally, a Director of Information Security from one of the largest and most admired global corporations was let go in a downsizing restructuring.
  • Understand that every company large and small is going through profound economic issues trying to do more with less staff.
  • sandy ingram on 17 Nov 08
     
    In one case, it was used for extortion, i.e. to demand a better severance package. The other used it for revenge.
sandy ingram

THE INSIDE THREAT: Financial firms focus on internal threats, employee errors - 0 views

searchfinancialsecurity.techtarget.com/...9142,sid185_gci1347604,00.html

Security Internal Threat Human Error Employees

shared by sandy ingram on 12 Feb 09 - Cached
  • Mark Steinhoff, head of Deloitte's financial services security and privacy practices, said an organization's biggest mistake would be to let its guard down
  • "The number of breaches that are occurring are really at the hands of insiders and organizations are understanding that there is a real threat of malicious attacks and exposure of personal information by insiders," Steinhoff said.
    • sandy ingram
      sandy ingram on 12 Feb 09
       
      The failing economy may be driving the increased concern over insider threats
    • sandy ingram
      sandy ingram on 12 Feb 09
       
      "We are seeing the layoffs and other forms of downsizing. Frankly with limited budget and less than satisfied employees, it really raises the parameter on that threat."
    • sandy ingram
      sandy ingram on 12 Feb 09
       
      Human error is the leading cause of information systems failure, and is likely to be the main cause of security attacks in the near future, according to 86% of those surveyed
  • sandy ingram on 12 Feb 09
     
    Banks and financial firms are placing more emphasis on internal threats to cut the flow of data leakage as a result of employee mistakes or workers disgruntled with layoffs and downsizing during the economic crisis, according to a recent survey.
sandy ingram

CFO.COM: How to Talk about Layoffs - nearly half of the 2K finance executives surveyed ... - 0 views

www.cfo.com/...c_13015052

CFO layoffs employees

shared by sandy ingram on 13 Feb 09 - Cached
  • sandy ingram on 13 Feb 09
     
    more than 2,000 businesses laying off at least 50 workers in November alone - and nearly half of all finance executives surveyed by CFO say their companies will reduce their workforces this year.
sandy ingram

Obama cyber czar choice worries about smartphones, social networking - Network World - 0 views

www.networkworld.com/...122209-schmidt-cyber-czar.html

privacy security cyber czar

shared by sandy ingram on 26 Dec 09 - Cached
  • sandy ingram on 26 Dec 09
     
    Schmidt says layoffs from the bad economy will prompt theft of corporate data or damage, aided by the vulnerability of network peripheral devices such as printers
sandy ingram

Malicious insider attacks to rise: "This is one of the most significant threats compani... - 0 views

news.bbc.co.uk/...7875904.stm

employee layoffs

shared by sandy ingram on 12 Feb 09 - Cached
  • Microsoft said so-called "malicious insider" breaches are on the rise and will worsen in the present downturn.
  • "This is one of the most significant threats companies face,"
  • "The malicious insider is classed as the greatest security concern because they have access, and relatively easy access, to corporate assets," said Mr Leland.
  • ...5 more annotations...
  • The problem is not just a serious one for business.
  • "The national security and economic health of the United States depend on the security, stability and integrity of our nation's cyberspace, both in the public and private sectors,"
  • A report last week by the Ponemon Institute, a privacy and data-protection research group, found that 88% of data breaches were caused by simple negligence on the part of staff.
  • While insider attacks are lower in number, Mr Rowney said they can be more devastating because the employee knows where "the crown jewels" are kept
  • Verizon indicates these protections are a critical form of risk management that no enterprise can no longer afford to ignore.
  • sandy ingram on 12 Feb 09
     
    "This is one of the most significant threats companies face,"
  • sandy ingram on 12 Feb 09
     
    People to Google: Doug Leland, Microsoft John Brennan, the President's top adviser for counterterrorism and homeland security. Kevin Rowney, Symantec, founder of the firm's Data Loss Prevention Unit
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