10 Updates
How To Prevent Becoming The Next Target
Photo Credit: Forbes Business

How To Prevent Becoming The Next Target

Feb 20 2014, 3:41pm CST | by

Welcome to another installment in my cybersecurity for business owners series. Black Hat held a good webinar today on securing POS (Point of Sale) Systems.  I published an article on this topic (...

Filed under: news

 
 
 

22 weeks ago

How To Prevent Becoming The Next Target

Feb 20 2014, 3:41pm CST | by

Welcome to another installment in my cybersecurity for business owners series. Black Hat held a good webinar today on securing POS (Point of Sale) Systems.  I published an article on this topic (with input from one of our security engineers, Scott “Shagghie” Scheferman) a couple of weeks ago but this webinar had some additional soundbites that may be useful to business owners, particularly those who use POS systems.

Eric Fiterman was the first presenter, and he brought up some interesting points:

  1. Initial results indicate that the compromise Target's network and the initial attach vector may have been the energy control systems.  As we’ve noted in other scenarios and after discussions with many vendors, energy control systems, microgrid systems and other clean energy systems are emerging everywhere, and security implications seems to be a secondary concern at best when they are installed and integrated with existing networks.  In a previous pos t I noted this is a similar situation with networked medical devices being installed in hospitals.
  2. Eric mentioned the heavy emphasis on compliance vs actual security.  We’ve noted this after more than a decade of securing information systems for the Department of Defense, where the emphasis on “doing things right” in the security realm outweighs the importance of “doing the right things” in security.
  3. The push towards the cloud expands the attack surface significantly, often in ways that are not immediately obvious or understood.
  4. Anything that holds a credit card number should be considered a POS system.

Mr. Fiterman recommended the following ways in which to reduce one’s risk as a business owner:

  1. Reduce exposure by getting rid of data that is not required for immediate business purposes and using third party vendors (PayPal, etc) to process credit card payments.
  2. Encrypting credit card numbers at the point of acceptance.
  3. Focusing on security in addition to compliance (you can’t really ignore compliance or else the regulatory agencies get mad at you).
  4. Understanding how your network and domain infrastructure can work against you.
  5. Locating the initial attack vector asap, rather than focusing on the end target (although that also needs to be fixed).  Otherwise you can be chasing a number of feints and actual attacks that are all originating from the same initial entry point and spend for more money and time trying to eliminate the threat.

Jeffery Guy, a former Air Force cyber ninja and current security expert, also spoke.  His message was that every company should expect to be breached and that although a compromise may only take seconds, it will take months of time and an average of $341,000 to fix each breach (as Target is finding out now).

70% of all cyber attacks against businesses happen against small businesses, and although many business owners feel they “aren’t worth the time” of an attacker, the reality is that they are the primary targets and victims of cybercrime.

Source: Forbes Business

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by rob ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the Dewan Rakyat today. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammuddi ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states last month. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 mill ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustap ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involvi ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme 20 ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyway (Kidex ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Green spaces impact birth weight positively
London, July 29 (IANS) Where expecting mothers live can also have a bearing on the birth weight of their babies as researchers have found that mothers who live near green spaces deliver babies with significantly higher birth weights.
 
 
What makes you a pessimist?
London, July 29 (IANS) Cannot see thing turning out to be all right? A hyperactive habenula, half the size of a pea in the brain that tracks predictions about negative events, could be the key, a study suggests.
 
 
Russian space 'sex geckos' are safe for now
Moscow, July 29 (IANS) There is good news for the geckos aboard the Russian Foton-M4 space satellite meant to study the effects of microgravity on sex and reproduction.
 
 
This is why dogs sniff each other's butts
New York, July 29 (IANS) You may have witnessed this scene on the road quite often but the answer to why dogs sniff each other's butts is hidden in the chemical communication at the rear end.
 
 
 

Latest from the Network

Lea Michele to play single mum in biker drama
Los Angeles, July 29 (IANS) "Glee" star Lea Michele will make a guest appearance as a single mother in biker drama "Sons of Anarchy". The actress took to microblogging site Twitter.com Monday to announce her one-...
Read more on Celebrity Balla
 
Green spaces impact birth weight positively
London, July 29 (IANS) Where expecting mothers live can also have a bearing on the birth weight of their babies as researchers have found that mothers who live near green spaces deliver babies with significantly higher...
Read more on Apple Balla
 
What makes you a pessimist?
London, July 29 (IANS) Cannot see thing turning out to be all right? A hyperactive habenula, half the size of a pea in the brain that tracks predictions about negative events, could be the key, a study suggests. A...
Read more on Apple Balla
 
Rocket attack kills girl in Egypt's Sinai
Cairo, July 29 (IANS) A nine-year-old girl was killed and another girl was injured when a rocket hit their house in Egypt's restive Sinai peninsula, an official said Tuesday. The rocket was apparently targeted at a...
Read more on Politics Balla
 
India thrash Trinidad and Tobago 14-0 in CWG hockey
Glasgow, July 29 (IANS) The Indian women's hockey team came back strongly from a 0-3 defeat to New Zealand to thrash minnows Trinidad and Tobago 14-0 in their third Pool A match of the Commonwealth Games here. India...
Read more on Sport Balla
 
Six killed in attack on Pakistan politician's house
Islamabad, July 29 (IANS/EFE) At least six people, including a local political leader's brother, were killed Tuesday in an attack by an armed group in northwestern Pakistan, a police official said. The attack was made...
Read more on Politics Balla
 
Mick Jagger has birthday brunch
Sir Mick Jagger marked his 71st birthday with a family brunch. The Rolling Stones rocker was joined by eight people - including daughters Georgia May and Karis - at Hakkasan New York on Saturday (07.27.14) during a...
Read more on Celebrity Balla
 
Kiefer Sutherland wishes Freddie Prinze Jr well
Kiefer Sutherland wishes Freddie Prinze Jr. ''the best''. The 47-year-old actor insists he never had a problem with his former '24' co-star - who claims ''unprofessional'' Kiefer made him want to quit acting - and never...
Read more on Celebrity Balla
 
Taylor Schilling celebrates birthday
Taylor Schilling was serenaded by her castmates at her 30th birthday party at the weekend. The 'Orange is the New Black' actress was joined by several stars of the show, including Laura Prepon, Laverne Cox, Natasha...
Read more on Celebrity Balla
 
Ricky Whittle 'scared' of meeting Bruce Willis
Ricky Whittle is dreading having to meet Bruce Willis. The 32-year-old British actor - who is best known for his role in UK TV soap 'Hollyoaks' - is romancing the 'Die Hard' star's daughter Rumer, and though he gets on...
Read more on Celebrity Balla