Target

Chief Security Officer: The Toughest Job In IT?

Register now for our CISO Hangout with Jon Trull of Qualys, the former Chief Security Officer for the State of Colorado. Chief Information Security Officers (CISOs) are in the news a lot these days. The breaches at prominent corporations like Target, Home Depot and (this week) JP Morgan have solidified the consensus that the CISO is a necessary complement to the CIO. They’ve also shone a spotlight on what many consider to be the toughest job in corporate America. After all, successful cyber attacks and data breaches are the quickest path to a ruined corporate reputation. And a strong and capable CISO is increasingly seen as the best defense against such an unfortunate occurrence. (Target’s misfortune was the direct result, some argued, on its lack of a CISO.) With all that in the air, the time couldn’t be better to sit down with some of the top CISOs in industry and the public […]

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Report: Deep Links Connect Home Depot, Target Hacks

Security reporter Brian Krebs has an intriguing post from Sunday that suggests a link between the massive breach at Target Stores in late 2013 and the recently alleged compromise of systems at home improvement giant Home Depot. Home Depot has yet to acknowledge any theft of customer data from its computer systems. However, according to Krebs, an unnamed “source close to the Home Depot investigation” told him that an analysis of compromised computers at Home Depot revealed that some of the store’s registers were infected with a new variant of BlackPOS, a malicious software program designed to run on Windows-based point of sale (or POS) systems and steal card data when cards are swiped. BlackPOS was found on point-of-sale systems at Target last year.  In March, the security firm Arbor Networks issued a report that cited BlackPOS as one of a number of point of sale system malware families that cyber criminal groups were using heavily: generating new […]

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Moscow International Business Center

Must Read: How Russian Hackers Stole the Nasdaq – Businessweek

If there’s one story you should read this week, its Michael Riley’s extensive report over at Businessweek on the 2010 compromise of systems belonging to the Nasdaq stock exchange, “How Russian Hackers Stole the Nasdaq.” The incident was extensively reported at the time, but not in great depth. Obviously, the parties involved weren’t talking. And Nasdaq’s public statements about the compromise woefully downplayed its severity, as Riley’s report makes clear. Among the interesting revelations: the Nasdaq may have fallen victim to a third-party compromise – similar to the hack of Target earlier this year. In the case of Nasdaq, investigators from the FBI, NSA and (eventually) CIA found discovered that the website run by the building management company responsible for Nasdaq’s headquarters at One Liberty Plaza had been “laced with a Russian-made exploit kit known as Blackhole, infecting tenants who visited the page to pay bills or do other maintenance.” What’s clear is […]

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Hal9000

DARPA Competition Seeks Autonomous Systems for Cyber Defense

We all know that ‘layer 8’ – humans – are the biggest attack surface in any IT environment. Companies can invest millions to harden their networks and endpoints. But all attackers have to do is convince one user to open a fake credit card bill for $20,000 or click a “You won’t believe this video!” link on Facebook and its game over. Our human failings came into the spotlight, most recently, with the breach at Target. According to news reports, the retailer had advanced threat detection software by FireEye deployed that actually alerted staff to some of the malicious activity that signaled the start of that (epic) hack.  Alas, Target’s IT staff in the U.S. dismissed the alerts, which were reported by a team working out of Bangalore, India. The result: 40 million credit card numbers were pilfered from Target’s network. That may be why the U.S. Department of Defense’s advanced […]

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Internet of Things and Enterprise Risk Panel

Video: The Internet of Things and Enterprise Risk

The Security Ledger recently hosted our inaugural event: The Security of Things Forum (SECOT). This was a high-energy, day long conference in Cambridge, Massachusetts, that brought together subject experts, executives and thought leaders from disparate areas like high tech, finance and industrial systems to talk about the tsunami of change that is the Internet of Things. One of the big questions hovering over the event: how will IoT technologies and services change the security paradigm that we’ve all be operating under- but especially in enterprises. In fact, IoT and enterprise was the topic of our very first discussion of the day: a panel chaired by Chris Rezendes of INEX Advisors, a leading consultancy focusing on IoT. SECoT Forum 2014 – Democratized Data, IOT and Enterprise Risk from Exhibitor Media Group on Vimeo It’s a really big and messy problem. As panelist Ken Pfeil of Pioneer Investments pointed out: the hack of […]

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