2014 IT Risk-based Audit Findings

HERBERT MCMORRIS | April 26, 2016

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"Organizations must ensure they have the right processes and controls in place to avoid damaging events and build customer trust. Implementing the prescribed controls will not only enable you to meet compliance requirements, but also industry best practices related to data protection, business continuity and risk mitigation.

This whitepaper highlights the most common unimplemented risk controls as identified by TraceSecurity. The results are not only considered best practices, but also seen in guidance outlined by regulatory authorities."

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Crossmatch

Crossmatch helps organizations solve their identity management challenges. Our enrollment and authentication solutions are trusted to create, validate and manage identities for a wide range of government, law enforcement, financial institution, retail and commercial applications. Our solutions are designed using proven biometric technologies, flexible enrollment and strong multi-factor authentication software, and deep industry expertise. We offer an experienced professional services capability to assess, design, implement and optimize our identity management solutions for a customer’s individual challenges. Our products and solutions are utilized by over 200 million people in more than 80 countries.

OTHER ARTICLES

How Is Covid-19 Creating Data Breaches?

Article | March 30, 2020

Trevor is working from home for the first time. He loves the freedom and flexibility, but doesn’t read his company’s new BYOD policy. Sadly, he misses the fact that his home PC is not protected with updated security software nor the latest operating system patches. Kelcie’s home PC is faster than the old work laptop that she’s been issued to use during the pandemic. She decides to use a USB stick to transfer large files back and forth between her PCs to speed things up. After a few days, she does all her work on her home PC, using a “safe” virtual desktop app. But unbeknownst to her, there is a keylogger on her home PC.

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5 Digital Transformation-Driven Cybersecurity Considerations

Article | November 25, 2020

On their road to recovery from the pandemic, businesses face unique dilemmas. This includes substantial and entirely necessary investments in digital transformation, however tight budgets are making such endeavors difficult if not impossible. Businesses continue to struggle with pivots like adopting new digital platforms, shifting their corporate model to resolve supply chain disruption and enabling a remote workforce. The inability for businesses to quickly adopt technologies that support digital transformation processes, including identity-based segmentation, virtual desktop interfaces and full-stack cloud, is hindering their ability to adequately address new threats and even to test new security systems and protocols. “Now more than ever, it’s imperative to remediate risk exposure and vulnerabilities within an organization’s existing systems—optimally from the get-go,” urges cybersecurity expert Nishant Srivastava, Cyber Security Architect and field expert at Cognizant—an IT Solutions and Services firm for which he's focused on designing and implementing Identity and Access Management (IAM) solutions. “Biggest threats should get highest priority, of course, but the magnitude or even likelihood of a threat should not be the sole consideration. Organizations should also look at other forms of value that new technologies can bring.” Below Srivastava, a senior-level IAM, governance and cyber risk authority, offers key digital security vulnerabilities businesses need to be mindful of given increased digital dependency amid the pandemic. Heed these best practices to help keep your company—and customers—uncompromised. Consumer-Facing App Gaps For consumer-facing web applications, some of the biggest security threats include path traversal, cross-site scripting (XSS), SQL injections and remote command execution. Of course, protecting customer data is an utmost security concern and breaches abound. One of the biggest challenges to address these kind of issues lies with lacking human resources. There is a lack of aptly trained and skilled security staff in even the most sophisticated of regions, which is cultivating a gap in cybersecurity skills across the globe. It goes without saying that employee training and investing in highly-qualified staff are among the best ways to establish, maintain and uphold security levels of consumer facing apps. Rifts, however small, can induce excessive damage and losses. eCommerce Exposure Online delivery businesses that are aware of security risks would be wise to introduce more secure logins, automatic logouts and random shopper ID verification and are preventing shoppers from swapping devices when ordering. Such measures will help thwart breaches that expose of customer names, credit card information, passwords, email addresses and other personal and sensitive information. Companies selling goods or services online also should not launch without a secure socket layer (SSL) connection. It will encrypt all data transfer between the company’s back end server and the user's browser. This way, a hacker won’t be able to steal and decode data even if he or she manages to intercept web traffic. Another useful strategy is to enforce password limitations. Passwords should be as complicated as possible with a combination of symbols, numbers and letters. Investing in a tokenization system is worthwhile because any hacker who accesses the back end system can read and steal sensitive information, which is held in the database as plain text. Some payment providers tokenize cardholder information, which means a token replaces the raw data so the database then holds a token rather than the real data. If someone steals it, they can’t do anything with it because it’s just a token. Ransomware Recourse Ransomware threats are escalating, which is why those doing business digitally should enforce a multi-layer security strategy that incorporates data loss prevention software, file encryption, personal firewall and anti-malware. This will protect both a company’s infrastructure and its endpoint. Data backups are key because there’s still a mild chance of a breach even with all of the aforementioned security solutions in place. The easiest and most effective way to minimize cyberattack damage is to copy files to a separate device. This very reliable form of backup makes it possible for people to recommence work as usual with little to no downtime, and all their computer files intact, should an attack occur. Gone Phishing Gmail blocks over 100 million COVID-related phishing emails every day, but more than 240 million are sent. That means less than half sent via Gmail alone are blocked. Experts cite imposing limits on remote desktop protocol (RDP) access, multifactor authentication for VPN access, in-depth remote network connection analysis and IP address whitelisting as some of the best strategies to maintain security. In addition, businesses should secure externally facing apps like supplier portals that use risk-based and multifactor authentication—particularly for apps that would let a cybercriminal divert payments or alter user bank account details. Shielding Teleconferences The shift to remote work after the pandemic hit has given cybercriminals more and more opportunities, directing their focus on the tools people use for work. It’s important that people recognize their vulnerabilities, particularly while they work from home. Among these are hacked videoconference passwords and unprotected videoconference links, which criminals can use to access an organization’s network without authorization. Many people who work from home do not use secured networks, unknowingly and unintentionally. Many are just not aware of the risks. To avoid online teleconference security issues, meetings should always be encrypted. This means a message can only be read by the recipient intended and that the host must be present before the meeting begins. There should also be waiting rooms for participants. Screen share watermarks, locking a meeting, and use of audio signatures are additional recommendations. When asked what his best advice would be to tweak security for a workforce that’s predominately working remotely, Nishant says that companies should start by analyzing the basics (like those specified above) against the backdrop of a wide range of ever-escalating and evolving threats. “Employees should use dual-factor authentication and make sure apps, mobile phones and laptops are updated and that available patches and updates are always installed,” he says. “They should certainly be wary of all information requests and verify the source. These even include unexpected calls or emails seemingly from colleagues.” Srivastava also pointed out that insiders at the CIO Symposium in July 2020 agreed that the pandemic packed years of digital transformation into just a few weeks. The use of third parties emerged as a major security concern to take into account. For instance, some employees abroad were unable to move their computers to their homes, so employers rushed to supply them with new equipment. In the process, some of it was not set up correctly thus compromising security. Companies should have done more to determine out whether individuals were using technology properly, such as if employees were sharing work devices or using their own personal equipment. On the plus side, the shift toward working from home sped up multi-factor authentication adoption. This is a great opportunity that today’s digitally-driven businesses should take advantage of. In short, Srivastava advocates taking a zero-trust approach. “It might sound harsh, but this is the idea that you can’t trust devices, people and apps by default,” he says. “Everything needs to be authorized and authenticated. Users should always verify and never trust, and businesses should act as if there has already been a breach and work to shore up weak links in the security chain. Finally, businesses should give access to information and data to as few people as possible—and wholly ensure those who do have access are appropriately trained to recognize when a red flag presents. By employing all or even some of the advice above, businesses can continue to thrive as the digital transformation age unfolds—and do so more confidently and contently all around.

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What Lessons Can We Takeaway from Las Vegas’ Recent Thwarted Cyberattack?

Article | February 27, 2020

Picture this: a news story detailing a cyberattack in which no data was exfiltrated, thousands (or even millions) of credit card details weren’t stolen, and no data was breached. While this isn’t the type of headline we often see, it recently became a reality in Las Vegas, Nev. On January 7, 2020, news broke that the city of Las Vegas had successfully avoided a cyberattack. While not many details were offered in the city’s public statement, local press reported that the attack did employ an email vector, likely in the form of a direct ransomware attack or phishing attack. The use of the word “devastating” in the public statement led many to believe ransomware was involved. This inference isn’t farfetched—and is likely a correct conclusion—given that cities throughout the U.S. have seen ransomware attacks on critical systems. Attacks that have cost those cities millions of dollars.

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What Is Mac Malware, How It Penetrates Your Device, and How to Get Rid of It

Article | November 25, 2020

I would like to share my experience with you and talk about viruses created for Mac devices and how to deal with them. You may say that there are no Mac viruses as Apple does not allow it. However, I may say that there are plenty of nasty malware types like adware that open new tabs in your browser, redirect you to irrelevant pages and show numerous popups. Yes, these are not real viruses. Adware like Search Marquis cannot clone itself and infect other connected devices. It cannot encrypt your files or cause any other harm. Its activity is related only to web redirects and excessive advertising. At the same time, who knows which rogue websites adware may land you on next time. It may happen that you end up on a phishing website where cyber crooks harvest personal information that leads to identity theft. Fake antiviruses I strongly recommend removing all adware that penetrated your device. But there is a problem here. If you want to get rid of Mac adware, you cannot quickly find a solution. If you go to google and search there how to get rid of Mac malware, you will see that all top results offer you to buy and install some shady software. In reality, these Mac antiviruses do nothing, as we know that the Apple ecosystem does not allow apps to access other apps' data. No antivirus can really scan and check your files. How to remove Mac malware Solution 1: If your system is infected with adware and you do not know how to get rid of it, you may try to call Apple and ask what to do. You can find their phone number here: support.apple.com/en-gb/HT201232#us-ca. Solution 2: Another option is to try your luck on Apple communities. Thousands of tech enthusiasts help uses with their problems there. Here is a sample thread: discussions.apple.com/thread/8226644. Solution 3: There are other options too. Apple operating systems are not very difficult to use, and any person can remove adware manually by going through step-by-step guides posted on numerous malware removal websites. Here is a guide by BitAdvisors.com on how to remove Search Marquis malware. Most rogue software works by exploiting bugs and vulnerabilities in your computer's operating system. And macOS has its own bugs too. To fix these vulnerabilities, Apple periodically releases operating system updates. To date, macOS has not proved attractive enough for cybercriminals and evil developers to flood it with malware. Protection tips To stays away from any surprises, it is recommended to update your OS as well as all apps installed regularly. You should never install apps from unofficial app stores not controlled by Apple. One of the ways for adware to penetrate your Mac computer is through bundled installs. You download and install a very useful app that is often free, but in reality, you get several apps. People never read user agreements written in small print. There it can be noted that you agree to install additional tools and provide some rights to them. Whenever you install something, be careful and read user agreements, and do not miss additional unnecessary software. Do not install any software without urgent necessity. Any additional software widens the attack surface. To be able to do bad things, current Mac malware requires users to perform some actions – grant rights. So, be careful with allowing any app to access your data, change settings, etc. One more wise move is to make backups. iCloud or ordinary flash drives will help you not lose your data in case of a system glitch or malware attack. Final advice - do use VPNs. Your connection will be encrypted, and attackers will not be able to find where you are actually located or what data your traffic consists of.

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Spotlight

Crossmatch

Crossmatch helps organizations solve their identity management challenges. Our enrollment and authentication solutions are trusted to create, validate and manage identities for a wide range of government, law enforcement, financial institution, retail and commercial applications. Our solutions are designed using proven biometric technologies, flexible enrollment and strong multi-factor authentication software, and deep industry expertise. We offer an experienced professional services capability to assess, design, implement and optimize our identity management solutions for a customer’s individual challenges. Our products and solutions are utilized by over 200 million people in more than 80 countries.

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