Corporate Data Security Blog by SpectorSoft
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Corporate Data Security Blog by SpectorSoft
SpectorSoft protects businesses against data loss and our blog includes articles about all things data security.
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Pentagon launches Insider Threat Program -- Defense Systems

Several years in the making, the program looks to create an integrated process for keeping classified information under wraps.
SpectorSoft (www.spectorsoft.com)'s insight:

Is your federal agency prepared to deter, detect and detail damaging actions by insiders?

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IT Employee Charged With $37 Million Bank Heist - eSecurity Planet

IT Employee Charged With $37 Million Bank Heist - eSecurity Planet | Corporate Data Security Blog by SpectorSoft | Scoop.it
Godswill Oyegwa Uyoyou allegedly provided a group of co-conspirators with access to Skye Bank's computer systems.
SpectorSoft (www.spectorsoft.com)'s insight:

This is the epitome worst nightmare case for those concerned with insider threats and internal security risks.

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Spectorsoft Rolls Out Connector for Splunk Enterprise to Fortify Enterprises Against Insider Threats

Spectorsoft Rolls Out Connector for Splunk Enterprise to Fortify Enterprises Against Insider Threats | Corporate Data Security Blog by SpectorSoft | Scoop.it

Spectorsoft, a computer monitoring and analysis tools developer announced on Tuesday a connector for Splunk Enterprise - a platform for real-time operational intelligence.

SpectorSoft (www.spectorsoft.com)'s insight:

The connector will allow Spectorsoft’s employee monitoring tool – Spector 360, to deliver user activity data and alerts to Splunk implementations so that insider threats such as security breaches, data thefts and fraud can be timely detected and thwarted.

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How up to date is your insider threat program?

How up to date is your insider threat program? | Corporate Data Security Blog by SpectorSoft | Scoop.it
Recent IT security story headlines have focused on network breaches that have led to the capture of millions of pieces of personally-identifiable
SpectorSoft (www.spectorsoft.com)'s insight:

Insider threat programs are a combination of best practices, software and dedicated staff looking for possible problems and regularly reminding employees of their responsibilities.

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Could BYOD Increase Insider Threats?

Could BYOD Increase Insider Threats? | Corporate Data Security Blog by SpectorSoft | Scoop.it
A new study predicts an increase in insider threats, but can lax BYOD security be to blame for some of that increase?
SpectorSoft (www.spectorsoft.com)'s insight:

"The results of this survey should serve as a wakeup call to every executive with responsibility for protecting company or customer sensitive data."

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Background Checks's curator insight, July 17, 2014 4:37 PM

"What percentage of businesses have instituted a BYOD security policy???"

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Want to lose customers? Lose their data

Want to lose customers? Lose their data | Corporate Data Security Blog by SpectorSoft | Scoop.it
Target’s CEO resigns five months after a breach that compromised the information of 110 million customers and contributed to a nose-dive in profits in the last quarter of the year.
SpectorSoft (www.spectorsoft.com)'s insight:

"The financial effects of one of the biggest data breaches in corporate history were profound."

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White House urges data law update

White House urges data law update | Corporate Data Security Blog by SpectorSoft | Scoop.it
An advisory panel convened by the White House recommends a national data breach standard.
SpectorSoft (www.spectorsoft.com)'s insight:

A White House panel has called on Congress to bring in a US national standard for notifying consumers when their data has been hacked.

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Infosecurity - Insider Threats, Cloud, and Big Data Threaten Financial Sector

Infosecurity - Insider Threats, Cloud, and Big Data Threaten Financial Sector | Corporate Data Security Blog by SpectorSoft | Scoop.it
When it comes to data security, the worst threats are perceived to come from partners and insiders. New research has revealed that more than half (55%) of European financial organizations believe third-party contractors pose the biggest risk; and 52% find insider threats harder to detect than last year.
SpectorSoft (www.spectorsoft.com)'s insight:

“The definition of a ‘privileged user’ has changed massively in recent times – to encompass anybody with the necessary credentials to view and modify data across corporate networks, including contractors.”

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Infosecurity - MI5: Spies and Thieves are Targeting & Grooming Insiders

Infosecurity - MI5: Spies and Thieves are Targeting & Grooming Insiders | Corporate Data Security Blog by SpectorSoft | Scoop.it

MI5 has warned British corporate chiefs that foreign intelligence agencies are targeting IT workers within big organisations in a bid to gain privileged access to sensitive data.

SpectorSoft (www.spectorsoft.com)'s insight:

"The abuse of privileged credentials is the next frontier for cyber-crime against enterprises"

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Storage devices stolen from Entercom Portland employee, 13K affected

Storage devices stolen from Entercom Portland employee, 13K affected | Corporate Data Security Blog by SpectorSoft | Scoop.it
Devices were stolen from the vehicle of an Entercom Portland employee, possibly resulting in the data compromise of about 13,000 individuals.
SpectorSoft (www.spectorsoft.com)'s insight:

13,000 individuals that their personal information may have been compromised after storage devices containing the data were stolen

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California Man Stole DuPont Secrets, Prosecutors Say

California Man Stole DuPont Secrets, Prosecutors Say | Corporate Data Security Blog by SpectorSoft | Scoop.it
Chinese officials “desperately wanted” the technical know-how to cleanly manufacture white pigment and California engineer Walter Liew told them he could provide it, a U.S. prosecutor told jurors.
SpectorSoft (www.spectorsoft.com)'s insight:

“He didn’t have the ability,” Hemann said in opening statement in federal court. “It had to be taken. This case is about theft.”

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Sleeping companies lose big from employee, executive fraud

Sleeping companies lose big from employee, executive fraud | Corporate Data Security Blog by SpectorSoft | Scoop.it
Companies that fail to continually watch for employee and executive fraud typically lose 5 percent of revenues each year to insider cunning, which amounts to nearly $3.7 trillion globally, a report found.
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Nine cybersecurity threats keeping companies up at night - Fortune Tech

Nine cybersecurity threats keeping companies up at night - Fortune Tech | Corporate Data Security Blog by SpectorSoft | Scoop.it
App attacks, crimeware, skimmers, cyberespionage: We break down the latest Verizon data breach report.
SpectorSoft (www.spectorsoft.com)'s insight:

Under #5 Insider Misuse, the article states: Bottom line: Trust no one. You want to trust your employees, however, we recommend: Trust but verify.

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Background Checks's curator insight, April 23, 2014 10:30 AM

Cybersecurity Threats Show No Signs of Slowing Down

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AT&T fired employee who improperly accessed customer accounts

AT&T fired employee who improperly accessed customer accounts | Corporate Data Security Blog by SpectorSoft | Scoop.it
The compromised data included Social Security and driver's license numbers, AT&T said
SpectorSoft (www.spectorsoft.com)'s insight:

While internal data access and security controls obviously need improvement, the fact that AT&T was able to detect the breach is better than the 59% of companies in a recent survey that admitted that they couldn't detect insider threat activity.

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FBI, DHS Warn of Surge in Insider Threats from Disgruntled Employees - eSecurity Planet

FBI, DHS Warn of Surge in Insider Threats from Disgruntled Employees - eSecurity Planet | Corporate Data Security Blog by SpectorSoft | Scoop.it
Attacks by disgruntled employees have cost companies as much as $3 million, according to a recent alert.
SpectorSoft (www.spectorsoft.com)'s insight:

More data, reports and warnings come out daily on the importance of security inside the perimeter. Are you able to deter, detect or detail potential insider threat activity in your organization?

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Banks top list of firms monitoring employees | Toronto Star

Banks top list of firms monitoring employees | Toronto Star | Corporate Data Security Blog by SpectorSoft | Scoop.it
Bad apples in the workplace bunch, or fear of bad apples, has pushed many employers to use an array of employee tracking devices.
SpectorSoft (www.spectorsoft.com)'s insight:

5 of the Top 10 U.S. banks are already using SpectorSoft solutions to protect their customers, the organization and the bottom line.

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Insider Threat survey reveals increased awareness but little action

Insider Threat survey reveals increased awareness but little action | Corporate Data Security Blog by SpectorSoft | Scoop.it

Despite heightened awareness of insider threats, most organizations continue to grapple with how to mitigate risks to their networks and sensitive information.

SpectorSoft (www.spectorsoft.com)'s insight:

Now that companies know the what, they're struggling with the how because they want to know the who and why. That's where SpectorSoft comes in.

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Infosecurity - Cost of Data Breaches Spikes 15% in Last Year

Infosecurity - Cost of Data Breaches Spikes 15% in Last Year | Corporate Data Security Blog by SpectorSoft | Scoop.it
The Ponemon Institute’s ninth annual 'Cost of Data Breach Study' reports that the average total cost of a data breach increased 15% in the last year, to $3.5 million.
SpectorSoft (www.spectorsoft.com)'s insight:

"The probability of a company having a data breach involving 10,000 or more confidential records is 22% over a two-year period."

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Infosecurity - ISF: Companies Should Promote Secure Behavior, Rather than Awareness Alone

Infosecurity - ISF: Companies Should Promote Secure Behavior, Rather than Awareness Alone | Corporate Data Security Blog by SpectorSoft | Scoop.it
Organizations have spent millions over recent decades on information security awareness activities, but a recent report asserts that such an approach has flaws.
SpectorSoft (www.spectorsoft.com)'s insight:

"The success of behavior change for information security should be measured through a reduction in risk, rather than what people know, or fail to know, and can choose to ignore."

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UK Firms Increasingly Hit by Data Theft, but Aren't Reporting it - Digits - WSJ

UK Firms Increasingly Hit by Data Theft, but Aren't Reporting it - Digits - WSJ | Corporate Data Security Blog by SpectorSoft | Scoop.it
A survey released Tuesday has found that almost half of all large organizations in the UK have lost or had confidential data stolen over the past year, but that only 30% of breaches ever make it to the media, showing that the majority of companies do not report the breaches that they’re aware of.
SpectorSoft (www.spectorsoft.com)'s insight:

“70% of organisations keep their worst security incident under wraps. So what’s in the news is just the tip of the iceberg.”

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Workplace Data Privacy Vs. Security: The New Balance

Workplace Data Privacy Vs. Security: The New Balance | Corporate Data Security Blog by SpectorSoft | Scoop.it
Is it time to rethink the traditional lock-down approach to employee use of corporate networks at work?
SpectorSoft (www.spectorsoft.com)'s insight:

"Individual privacy and security of the company network are under increasing distress"

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Microsoft: Deception Dominates Windows Attacks

Microsoft: Deception Dominates Windows Attacks | Corporate Data Security Blog by SpectorSoft | Scoop.it
Deceptive downloads and ransomware tripled worldwide in Q4 2013, according to the new Microsoft Security Intelligence Report.
SpectorSoft (www.spectorsoft.com)'s insight:

"The bad guys are now employing more sophisticated social engineering techniques to infect users."

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Infosecurity - Over Half of US Firms Have No Formal BYOD Agreements with Staff

Infosecurity - Over Half of US Firms Have No Formal BYOD Agreements with Staff | Corporate Data Security Blog by SpectorSoft | Scoop.it
Gartner research highlights huge security blindspot for organizations which allow use of personal devices for work.
SpectorSoft (www.spectorsoft.com)'s insight:

BYOD continues to be a problem for IT Security

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Human Resources: Its Changing Role with Time, Its Responsibilities and Employee Monitoring Tools

It wouldn’t be wrong to say that human resources is one area of an organization that has undergone major changes in the recent past.
SpectorSoft (www.spectorsoft.com)'s insight:

"Employee monitoring software tools like...SpectorSoft can turn out to be immensely helpful as they can be explored for tracking down overall performance situation, weaknesses such as internet overuse by employees, insufficient attendance etc."

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Verizon Data Breach Investigations Report

Verizon Data Breach Investigations Report | Corporate Data Security Blog by SpectorSoft | Scoop.it
Download the 2014 #DBIR from Verizon for the latest on data security threats.
SpectorSoft (www.spectorsoft.com)'s insight:

Great data from Verizon. The 2014 DBIR identifies nine attack patterns, grouped by industry, making it easier to identify the types of threats you can encounter.

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