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Month: June 2007

Forget security and privacy: Focus on trust

Posted on June 1, 2007December 30, 2021 by admini

Money and investments focused on security and privacy are most often viewed as insurance premiums-to be kept to a minimum consistent with the negative risk experience of each institution. Such spending is certainly not perceived as an investment for winning stakeholders, sustaining excellence or achieving market leadership.

But today’s world, where an increasing majority of institutions do business online using telecommunications networks that span the globe, security and privacy protections expressed in negative terms don’t make the grade. They must adopt an approach based on winning the trust of all stakeholders-customers, employees, channel partners, contractors, vendors and shareholders all.

Trust means stakeholders feel safe in the hands of these enterprises and are confident in the secure delivery of their products and services along with protection of their private information. Given the status of security and privacy today, the CIO is most often anointed as enterprise information security and privacy champion. When stakeholders’ experiences with an institution consistently meet or exceed their expectations, these experiences build awareness, then breed familiarity and finally, earn trust-which inevitably translates into profit.

Amex provided its card members and service establishments with, at the time, a revolutionary new way to do business: They could execute secure and private financial transactions anytime anywhere in the world. The linchpin of this model was and is the magnetic-striped card that identifies and validates individual card members and other authorized stakeholders to use the integrated global network.

A trust-based business model is also a natural extension of enterprises’ commitment to compliance with Sarbanes-Oxley (SOX) regulations and the transparency that results. They need to create incentives for their executive management to create an operating model that earns stakeholders’ trust. Companies will use trust to forge new alliances with stakeholders by guaranteeing secure and private interoperability. And in doing so, companies will define competitive success in a global online real-time marketplace.

http://www.networkworld.com/news/2007/053107-forget-security-and-privacy-focus.html

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Plug the holes in your cone of silence

Posted on June 1, 2007December 30, 2021 by admini

Lost data includes customer, financial, corporate, employee, and IT security data that is stolen, leaked or destroyed. Loss of sensitive, confidential corporate data can also give a rival company a competitive advantage. It might, for example, include results of market research, competitive intelligence analysis of another company, research and development results, financial information, or a list of possible staff redundancies.

“In most organisations, the most sensitive information is in emails,” says Milton Baar, the director of IT Security consultants Swoose Partnership, and committee member of the ISO 27001 international security standard for information management. Mr Baar says three factors should be considered in assessing data loss: confidentiality, integrity, and availability. The integrity of data is maintained by ensuring that information is changed only by those allowed to do so, but organisations also need to make sure that data can be accessed when it is required. Confidentiality is often breached when emails are sent, accidentally or intentionally, to people who should not be seeing them, or when emails are sent before information should be made public.

Mr Baar says staff should be trained in the use of email, helping them understand what information is sensitive. “Have black and white lists, where the server stops sending out and/or receiving emails to or from certain places,” he says. “Have word searches in outbound emails to ensure that sensitive information isn’t disclosed, accidentally or intentionally. Mark the information physically or electronically with its security classification.” Attachments could be protected from email disclosure by having Access Control List entries that allowed them to be sent or blocked depending on the classification and destination of the information, he says.

Cybertrust security consultant Andrew Walls says that the “number one issue” for organisations is classification of their data. Is it important that some data remains confidential no matter whether its integrity is critical or how important it is to have the information readily accessible.

“The critical thing is for business to say what is important, then apply security controls. What role does the data play in an organisation’s plans, including its profitability? At a simple level decide what is a secret, and what is not. If it is a secret, talk to us before accessing it or publishing it,” Mr Walls says. “Don’t expect the IT security people to make these decisions; classifying the data is a business decision.”

Mr Walls says the Australian Government has five tiers of classification: public data, internal use only, confidential, protected and highly protected. At each tier a decision is made on how important are confidentiality, integrity and availability. Mr Baar says the proper use of information standards, such as AS/NZS4360, a risk management standard, would provide a much better basis for decision making. “Poor risk analysis means that the real risks, likelihoods and consequences are not known in detail, therefore the real losses are also unknown,” he says.

Symantec systems engineering manager Paul Lancaster agrees that compliance is not just about the data, but its integrity and availability. Compliance means adhering to regulations that affect a business and what that means for its data storage systems. “Data loss occurs when it can’t be accessed,” says Mr Lancaster. “Organisations have their own products and services they deliver as a business and the data behind that is key. Not having the ability to obtain data to show the public that their data is intact, with no integrity loss, can be detrimental to a business.”

Backing up is one obvious strategy, but how many organisations do this critical task properly? MR BAAR says most hospitals in NSW have multiple secure systems, with servers in two locations to keep patient records secure.

For example, witness protection program lists are closely guarded, and kept on a computer system accessible to only a few, not including the systems administrator. It has Defence Signals Directorate (DSD) certification for its internet gateway service for Australian Commonwealth customers.

Pharmaceutical companies have high security networks, cut off from all other networks. They encrypt their entire networks, “down to the hardware,” Mr Walls says.

Identity theft is a more common problem in Australia, Mr Lancaster says, with fraudsters trying to access laptops and servers to get credit card details or personal information. Employees may have ASIO checks and security clearances for their staff but what about the cleaning staff?

http://www.theage.com.au/news/security/plug-the-holes-in-your-cone-of-silence/2007/05/28/1180205158743.html

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