More Variables Than Technology for Enterprise Security to Consider

June 29, 2016

For all the effort enterprises go to in securing data through technological solutions, there are also other variables to consider: employees. Business Insider released an article, 1 in 5 employees are willing to hand over their work passwords for money, that shares survey research from SailPoint. 20 percent of 1,000 respondents, from organizations with over 1,000 employees, would be willing to sell their work passwords. US employees win the “most likely” award with 27 percent followed by Netherlands with 20 percent, and then UK and France at 16 percent. The article tells us,

“Some employees were willing to sell their passwords for as little as $55 (£38) but most people wanted considerably more, with $82,000 (£56,000) being the global average amount required,according to figures cited by Quartz that weren’t in the report. Unauthorised access to a company’s internal systems could provide a treasure trove of valuable data for criminals. They may be targeting individual user accounts, or they could be after intellectual property, or corporate strategy data.”

Undoubtedly, search and/or cybertheft is easier with a password. While the survey reports findings that may be alarming to organizations, we are left with the question, ‘why’. It may be easy to say morality is the dividing line, but I think this article wrestling with the morality question is on the right track pointing to considering sociological implications, for example, employee engagement and satisfaction cannot be discounted as factors in a decision to sell a password.

 

Megan Feil, June 29, 2016

Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph

Cybercrime as a Service Impacts Hotel Industry and Loyalty Points

February 4, 2016

The marketplaces of the Dark Web provide an interesting case study in innovation. Three types of Dark Web fraud aimed at the hotel industry, for example, was recently published on Cybel Blog. Delving into the types of cybercrime related to the hospitality industry, the article, like many others recently, discusses the preference of cybercriminals in dealing with account login information as opposed to credit cards as detectability is less likely. Travel agencies on the Dark Web are one such way cybercrime as a service exists:

“Dark Web “travel agencies” constitute a third type of fraud affecting hotel chains. These “agencies” offer room reservations at unbeatable prices. The low prices are explained by the fact that the seller is using fraud and hacking. The purchaser contacts the seller, specifying the hotel in which he wants to book a room. The seller deals with making the reservation and charges the service to the purchaser, generally at a price ranging from a quarter to a half of the true price per night of the room. Many sellers boast of making bookings without using stolen payment cards (reputed to be easy for hotels to detect), preferring to use loyalty points from hacked client accounts.”

What will they come up with next? The business to consumer (B2C) sector includes more than hotels and presents a multitude of opportunities for cybertheft. Innovation must occur on the industry side as well in order to circumvent such hacks.

 

Megan Feil, February 4, 2016

Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph

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