Malicious software is nothing new. Computer viruses and worms have been around for decades, as have most other families of malware like remote access tools (RATs) and key loggers. But all our experience with malware hasn’t made the job of knowing when our organization has been hit by it any easier. In fact, recent news stories about breaches at Home Depot, Target, Staples and other organizations makes it clear that even sophisticated and wealthy corporations can easily overlook both the initial compromise and endemic malware infections – and at great cost. That may be why phrases like “dwell time” or “time to discovery” seem to pop up again and again in discussions of breach response. There’s no longer any shame in getting “popped.” The shame is in not knowing that it happened. Greg Hoglund says he has a fix for that latter problem. His new company, Outlier Security, isn’t “next generation […]
Hacks & Hackers
Is IoT Innovation Outpacing Our Ability To Keep It Safe?
GigaOm has an interesting, high-level piece that looks at the issue of law, liability and the Internet of Things. The article takes off from a discussion at the Download event in New York City earlier this month, wondering whether adoption of Internet of Things technologies like wearables is starting to run far ahead of society’s ability to manage them. Specifically: is the pace of technology innovation outstripping the ability of our legal system to reign in excess and protect public safety and civil liberties? On the list of ‘what-if’s’ are some familiar questions: How to assign liability. (“If one of Google’s automated cars crashes, is it the fault of the driver or Google?”) Read more Security Ledger coverage of Internet of Things here. What responsibility to users have to take advantage of safety features in connected products? (Does a parent’s failure to password-protect a baby monitor change the manufacturer’s liability when and […]
White House Cyber Chief: JP Morgan Underscores Critical Infrastructure Risk
The White House’s cyber security czar, Michael Daniel, said the Obama Administration is deeply concerned about the reported hack of systems belonging to banking giant JP Morgan Chase & Co. but sees the incident as part of a larger trend of attacks against U.S. critical infrastructure. Asked about the targeted attack against JP Morgan and other banks and financial institutions, Daniel said that the White House was concerned, but not surprised by the incident. “We have watched for several years the trend of malicious actors in cyber try to figure out how to target critical infrastructure,” he said. “Financial services is critical infrastructure.” The White House was concerned that a major U.S. bank would fall victim to hackers, but sees it in the context of a “broad trend,” rather than an isolated incident, he said. Speaking with Michael Farrell, the Cybersecurity Editor at Christian Science Monitor, Daniel hit on many of the now-common talking […]
McKinsey: Consumers Want Connected Cars – And Fear Them, Too
The consulting firm McKinsey & Co. has released an interesting report on the future of connected vehicles. But it has some sobering data for car makers: concerns about privacy and the possibility that connected cars could be hacked are major concerns for consumers that could dampen enthusiasm for smart vehicles. The report, “What’s Driving the Connected Car?” finds that connectivity features will be a major driver of car sales in the coming years, with car buyers increasingly accustomed to vehicles that sport sophisticated interactive and networking features. That said: security concerns may hamper the “rapid and broad adoption” of connected vehicle technology. For its report, McKinsey interviewed 2,000 new car buyers in four countries: Brazil, China, Germany and the U.S. The survey found that a quarter of respondents considered connectivity a more important feature than engine power or even fuel efficiency. The firm estimates that connectivity features will become increasingly important selling features […]
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 […]