- Last week, the U.S. Department of Commerce said “analysis of recent data [July 2015] shows that Americans are increasingly concerned about online security and privacy at a time when data breaches, cybersecurity incidents, and controversies over the privacy of online services have become more prominent. These concerns are prompting some Americans to limit their online activity … it is clear that policymakers need to develop a better understanding of mistrust in the privacy and security of the Internet and the resulting chilling effects. In addition to being a problem of great concern to many Americans, privacy and security issues may reduce economic activity and hamper the free exchange of ideas online.”
- Separately, SWIFT CEO Gottfried Leibbrandt, commenting on an $81 million theft from a Bangladesh central bank account at the New York Federal Reserve, said “At the end of the day we weren’t breached, it was from our perspective a customer fraud … I don’t think it was the first, I don’t think it will be the last."
- SWIFT also reported “a newly identified malware found in a customer’s environment” and in both cases “the attackers clearly exhibit a deep and sophisticated knowledge of specific operational controls within the targeted banks – knowledge that may have been gained from malicious insiders or cyber-attacks, or a combination of both … in this new case we have now learnt that a piece of malware was used to target the PDF reader application used by the customer.
- Note: SWIFT provides a financial messaging service to organizations around the world.
MY TAKE
- Regarding the Department of Commerce study - It is likely that policymakers will continue to have diverse views data security issue, both how to address them and their economic and social impact.
- Regarding SWIFT – Because its system supports diverse organizations and technologies, it will only be as strong as its weakest link; which includes the people with access to its system.
- Bottom line: Network/data security is critically important to governments, businesses and consumers. Improving the current environment will require better software design (including using encryption) and better oversight of user access.
Thank you very much for keep this information. effective search engine optimization
ReplyDelete