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Tag: reports

Report: Home Depot Fallout Reveals History of Lax Security, Hiring

September 23, 2014 Paul Roberts

Its a truism in cyber security that behind every great hack often lies a string of bad decisions and missed opportunities. Its also true that when you dig into the details of damaging cyber incidents, the root causes are personal and psychological as often as they are technical in nature. Organizations -even sophisticated and wealthy organizations – end up making bad decisions for all the wrong reason: failing to properly assess their risk, or pursuing short term savings when long term investment is needed. Home Depot learned via law enforcement that a breach of transaction data exposed as many as 52 million credit card transactions, the largest retail credit card breach to date. But as more comes out about the breach at home improvement giant Home Depot, it starts to look a lot more like the root causes there may have started in the HR department rather than the data center. The […]

Will Big Data Transform Fraud Detection? | SmartData Collective

September 22, 2014 Paul Roberts

The folks over at Smart Data Collective have an interesting story today on Big Data and its (expected) impact on a variety of industries and business practices. Fraud (and fraud detection), it turns out, may be one area that is transformed by better data analytics. According to the article, by Monte Zweben, fraud analytics are posed to be transformed not just by “Big Data,” but by better and faster analytics. The article looks at a variety of industries, including consumer marketing and logistics that stand to benefit from the growth in data and data analytics. Fraud detection is one of them. Zweben cites statistics on the growth of fraud as a global problem. Kroll’s most recent Global Fraud Report found the number of companies falling victim to fraud has increased to 70 per cent. Credit card companies were among the first to embrace “Big Dat” analytics to spot irregularities in patterns of charges […]

Senate Report Warns of Attacks on Military Transport Contractors

September 18, 2014 Paul Roberts

A Senate Armed Services Committee investigation has found evidence that hackers associated with the Chinese government compromised the computer systems of U.S. Transportation Command contractors at least 20 times in a single year. The attacks pose a serious risk to the system that moves military troops and equipment. The Committee released the report on Wednesday. (PDF copy here.) It presented the results of a year-long investigation of U.S. Transportation Command, or “TRANSCOM,” found a serious gap in awareness and reporting requirements. TRANSCOM was only aware of two of the 20 intrusions, while U.S. Transportation Command remained mostly unaware of the computer compromises of contractors during and after the attacks. “These peacetime intrusions into the networks of key defense contractors are more evidence of China’s aggressive actions in cyberspace,” said Sen. Carl Levin, D-Mich., the committee’s chairman in a published statement. “Our findings are a warning that we must do much more to protect strategically significant […]

Consumers Embrace IoT And Wearables, Worry About Security Consequences

September 16, 2014 Paul Roberts

A new survey of consumer attitudes and expectations about technology finds that a strong majority of Americans expect wearable technology and biometric security to be common within the next decade. The survey, sponsored by the security company McAfee, asked 1,500 U.S. consumers about lifestyle and technology trends in the home and workplace. The results suggest that consumers are already adjusting their expectations about the future to include pervasive connectivity, a wealth of intelligent devices – and some of the problems that come with both. More than 60% of those surveyed by McAfee said they anticipate having connected appliances like refrigerators that will “automatically add food to a running grocery list if the product is running low.” A strong majority of those polled – 84% – said they were convinced their home security systems will be connected to their mobile device. “As technology, especially the Internet of Things, continues to rapidly advance and […]

Building an Unhackable Autonomous Vehicle – CityLab

September 11, 2014 Paul Roberts

The folks over at The Atlantic have an intriguing take on the subject of “connected vehicles” and autonomous driving. Now this is a vision that we’ve been chasing for more than 50 years (consider all the technicolor “highway of tomorrow” films from the 50s and 60s). And we’re on the cusp of realizing it. Google’s self-driving car is racking up the miles and automated features like hands free cruise control and collision avoidance are making their way into production vehicles. As Alexis Madrigal at The Atlantic’s (cool) CityLab writes, however, there’s one major fly in the ointment when you consider the super efficient, algorithmically driven road of the future: humans. Specifically: Madrigal, in the course of writing an article on how to build an ‘unhackable’ car poses a scenario that I think is very likely: humans who subvert or otherwise game vehicle automation features to suit their own needs. Imagining the orderly procession […]