$100 Million IT Budget May Not Secure “The Human Factor” Morgan Stanley CEO James Gorman has joined a new club along with the CEOs of Goldman Sachs, Barclays and Citigroup. Each has fallen victim to an email prankster who, posing as a colleague or friend, sent email messages to them and tricked them into responding. […]
Whoops – Wells Fargo Exposes Its Wealthiest Clients Securing the Human Factor: Wells Fargo’s Accidental Data Breach It’s more challenging than ever to secure the human factor in cybersecurity. Here we share two recent examples of how human error directly resulted in large data breaches, corporate liability and damage to corporate reputations. The breaches at […]
Imposter Email Lures White House Staff Email Prankster Threatens National Security Why was the newly minted White House communications director, Scaramucci, fired? We don’t know for sure. But an examination of his emails would have shown that he spent the weekend responding to spear phishing emails purported to be sent from Reince Preibus, former White […]
Panama Papers – A Second Look at Human Error The most consequential type of data leak may be the often openly colorful private correspondence between lawyer and client. This correspondence, if exposed, may be revealing as it contains attorney-client advice, dialog regarding strategies, financial, and legal consideration, as well as documents.
Wilmer Hale (Accidentally) Sends WSJ Client Strategy A staffer at Wilmer Hale, one of the world’s largest and most prestigious law firms, sent client confidential SEC-Whistleblower strategies of PepsiCo, their client, to the Wall Street Journal by accident. How could this happen? Human error, they claim.
Should You Trust Your Fax? Habits are often hard to break. Some professional offices, particularly in the health care sector, when there is a need to send something private, send by fax. Their belief is, if they send by fax, the transmission is secure and private (HIPAA compliant).
Foreign Journalists Discover Treasure in Bermuda As enchanting as the Bermuda sea is, during rough weather, Bermuda’s beguiling reefs have been the source of many lost ships over the past hundreds of years during trans-Atlantic journeys shipping treasures and taxes from the Americas to Europe. However, no one could have anticipated the rough waves that […]
James Bond Enters Cyber Security Enter 2018. A new generation of cyber security risks bear names that make it sound like they were implanted by James Bond villains (“Spectre”), with worldwide doomsday impact (“Meltdown”), coupled with anti-virus programs used for international espionage (Kapersky Labs allegations).
They Know Everything About You You may already know Uber drivers now score YOU, the passenger, and that a customer rating indicates who they choose to pick up. But did you realize a score below 4 out of 5 could potentially drive up your costs (fewer drivers want to drive you, triggering premature “congestion” pricing)?
Is “Security by Obscurity” An Obsolete Concept? The term “security by obscurity” has been around for a long time. Traditionally, this has referred to the idea that the best way to keep a system safe is to keep its design (and any potential vulnerabilities) a secret. To many, “security by obscurity” has also represented the […]
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