The theft of personal data on 4.5 million patients of Community Health Systems by hackers in China highlights the increasing degree to which hospitals are becoming lucrative targets for information theft.
Put simply, cybercrime, especially financial malware, has the potential to be quite the lucrative affair. That's only because the bad guys have the tools to make their work quick and easy, though. Cripple the automated processes presented by certain malware platforms, and suddenly the threats -- and the losses --aren't quite so serious.
I recently had the opportunity to speak with two representatives from the Netherlands-based security research firm Fox-IT--Maurits Lucas, InTELL Business Director, and Andy Chandler, VP of WW Sales & Marketing. Collectively, the two shared an in-depth story of cybergang warfare suitable for Hollywood.
The typical organization loses 5% of its revenues to fraud by its own employees each year, with most thefts committed by trusted employees in executive management, operations, accounting, sales, customer service or purchasing, according to the Association of Certified Fraud Examiners (ACFE). This type of malicious behavior by "privileged users" who have been given broad access to the company's computer assets has captured the attention of CIOs across the country.
Earlier this week, some iOS device owners woke up to discover that "Oleg Pliss" had hacked their iPhones and iPads and locked them up. The hack could have been worse, says Ryan Fass, which is why it's a good lesson in security that IT staffers should use.
The hacker group dedicated to supporting Syria's dictator wasted an attack vector on trying to embarrass the writer. Will the SEA's handlers in the Syrian intelligence services approve of such immaturity?
Rogue cloud services are ripping gaping holes in the security fabric of most companies, putting the CIO in a tough spot. But as the fallout from the Target attack shows, IT and business leaders will go down together if the breach hits the fan.