If you're like most organizations, you've adopted manual processes for managing system passwords or you are not managing them at all. As a result, your most sensitive passwords are often widely known and shared among administrators, hard-coded into applications and scripts, rarely--if ever--changed, and almost impossible to find or re-certify when someone changes roles or leaves the organization. Manual processes tie up resources and put your sensitive data at risk.
The increasing frequency of data security breaches due to insider attacks, as well as more demanding regulatory compliance requirements, means you can no longer ignore this known risk. The list below summarizes several of the more significant security breaches around the world.
Date: Aug 4, 2009 | Source: www.cio.com
Many call them rogue IT staffers, others might consider them IT heroes, and some are still innocent until proven guilty. But whatever the name or intention, these tech-savvy employees wreaked havoc at their organizations - and paid a price...
Date: Jul 14, 2009 | Source: www.darkreading.com
While more organizations consider encryption as an overall strategic security solution, breaches keep rising, according to Ponemon Institute. According to the report, the number of organizations deploying an encryption platform across the enterprise is on the rise, but 73 percent of companies have experienced a data breach in the past 12 months, an increase of 13 percent over last year...
Date: Jul 14, 2009 | Source: www.ciozone.com
A number of high-profile security breaches over the past year have drawn attention to the lack of security-preparedness at organizations of all shapes and sizes. But a study released Monday indicates just how widespread the potential damage may be...
Date: May 25, 2009 | Source: www.independent.co.uk
Information watchdog orders overhaul after 140 security breaches in just four months. The personal medical records of tens of thousands of people have been lost by the NHS in a series of grave data security leaks....
Date: May 8, 2009 | Source: www.eweek.com
As Virginia DHP officials await the completion of an investigation into reports of a massive data breach affecting 8 million records from the Virginia Prescription Monitoring Program, people are urged to be vigilant for signs of identity theft. On April 30, a message demanding a $10 million ransom for the data was posted on the Prescription Monitoring Program's Website...
Date: April 6, 2009 | Source: www.forbes.com
The biggest security breaches in corporations these days are employees who have been laid off or who are about to get laid off. When employees leave an organization on their own terms, particularly in good times, many companies scramble to figure out what they had access to and what the value of that information would be to a competitor...
Date: March 28, 2009 | Source: www.dailymail.co.uk
The credit card details of up to 19,000 British shoppers were published on the internet - where they could be found using a simple search on Google. The details apparently originated from the website of a criminal gang in the Far East...
Date: March 19, 2009 | Source: www.theregister.co.uk
An IT contractor has been charged with sabotaging offshore oil rig computer systems. Mario Azar, 28, of Upland, California, allegedly damaged a drilling firm's computers out of spite after it declined to offer him permanent employment...
Date: Feb 14, 2009 | Source: www.informationweek.com
Our InformationWeek Analytics survey of 326 business technology professionals suggests that C-level executives not only recognize the importance of information security, but they actively support their IT organizations' efforts to protect corporate assets and reduce risk...
Date: Feb 12, 2009 | Source: www.bloomberg.com
Chinese government and freelance hackers are the primary culprits behind as many as several hundred daily attacks against U.S. government, electric-utility and financial computer networks, a senior congressman said.
Date: Feb 10, 2009 | Source: tech.yahoo.com
We're barely into February and already a rash of computer security breaches is shaping up to be one of the biggest technology stories of the year. It certainly seems like we've been on this road for a while now. Late last month, the numbers tallied by McAfee pegged total economic losses due data theft and security breaches thanks to organized crime, malicious hackers, and inside jobs at a full one trillion dollars...
Date: Feb 04, 2009 | Source: www.cio.com
Affixing a dollar cost to a problem has immense benefit, and The Ponemon Institute goes to great lengths to arrive at the figures for its Annual Cost of a Data Breach Study...
Date: Jan 30, 2009 | Source: tech.yahoo.com
Workers turned "cyber moles" and crime syndicates armed with malicious software are looting digital data from businesses as losses reportedly topped a trillion dollars in 2008...
Date: Jan 29, 2009 | Source: www.dcexaminer.com
A fired Fannie Mae contract employee allegedly placed a virus in the mortgage giant’s software that could have shut the company down for at least a week and caused millions of dollars in damage, prosecutors say...
Date: Jan 29, 2009 | Source: voices.washingtonpost.com
A data breach last year at Princeton, N.J., payment processor Heartland Payment Systems may have compromised tens of millions of credit and debit card transactions, the company said today...
Date: Jan 29, 2009 | Source: www.thestar.com
A widespread security breach disclosed by a U.S. credit card transaction processor has prompted Canadian Tire to cancel and re-issue 16,000 Mastercard credit cards issued by its financial services arm over security concerns, a company spokeswoman said...
Date: Jan 26, 2009 | Source: www.theregister.co.uk
An Australian has admitted causing AUS$1m in damage after hacking into the computer systems of the Northern Territory Government and deleting records of thousands of civil servants...
Date: Jan 20, 2009 | Source: www.scmagazineus.com
Leading credit card processor Heartland Payment Systems announced on Tuesday that it has suffered an apparent massive data breach. The Princeton, N.J.-based company said it discovered last week that intruders loaded data-capturing malware onto its systems, allowing them to compromise credit and debit card numbers as they traversed the network...
Date: Jan 6, 2009 | Source: www.washingtonpost.com
Businesses, governments and educational institutions reported nearly 50 percent more data breaches last year than in 2007, exposing the personal records of at least 35.7 million Americans, according to a nonprofit group that works to prevent identity fraud...
Date: July 15, 2008 | Source: www.sfgate.com
A disgruntled city computer engineer has virtually commandeered San Francisco's new multimillion-dollar computer network, altering it to deny access to top administrators even as he sits in jail on $5 million bail, authorities said Monday...
Date: April 7, 2008 | Source: www.foxnews.com
One more tax-season dread: A week before the filing deadline, Treasury watchdogs said Monday that poor controls over IRS computers could allow a disgruntled employee, agency contractor or outside hacker to steal taxpayers' confidential information...
Date: Jan 24, 2008 | Source: www.iht.com
Société Générale, one of the largest banks in Europe, was thrown into turmoil Thursday after it revealed that a rogue employee had executed a series of "elaborate, fictitious transactions" that cost the company more than $7 billion, the biggest loss ever recorded in the financial industry by a single trader...
Date: March 29, 2007 | Source: www.msnbc.msn.com
Information from at least 45.7 million credit and debit cards was stolen by hackers who accessed TJX’s customer information in a security breach that the discount retailer disclosed more than two months ago...
Jeff Moss, the founder of DEFCON and Black Hat, discusses the unfolding of the vulnerability economy. Nowadays, instead of exposing high profile zero-day vulnerabilities at conferences, many researchers opt for selling their discoveries on a growing market.
- Source: YouTube.com
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