For Will Pelgrin, the former New York State chief information security officer, mobile devices, insiders and old infrastructure represent the major challenges local and state governments face in in securing information technology.
Until the IRS corrects the identified weaknesses, its financial systems and information remain unnecessarily vulnerable to insider threats, including errors or mistakes and fraudulent or malevolent acts by insiders, GAO auditors says.
Lengthy downtime, data losses, and security breaches can harm business results, bringing business to a halt: stopping the flow of orders, reducing sales revenue, and interfering with the supply chain. These downtimes could potentially impact a company's ability to compete with other organizations that were unaffected,...
Insider theft and other malicious behavior are particularly difficult to detect and prevent because employees often have legitimate access to sensitive corporate data and tend to know the weaknesses in their organization's infrastructure. Over the course of hundreds of customer interactions, Prism Microsystems, a...
The survey of local, state and federal IT security practitioners also shows a lack of faith in secure cloud computing. Half see insider threats and poor practices as their agencies' greatest vulnerabilities.
Virtually every business acquires, uses and stores personally identifiable information (PII) about its customers, employees and partners. These organizations are expected to manage this private data appropriately and take every precaution to protect it from loss, unauthorized access or theft. Misusing, losing or...
When it comes to fraud prevention, things are going to be different in 2011. It's clear that fraud in the United States has reached a tipping point, and financial institutions are at the center of it all.
"The environment that started by supporting whistleblowers ... is essentially morphing into 'Gee, we as an organization need to be completely transparent, whether we want to or not,'" says Cal Slemp, managing director of Protiviti.
Fraud attempts will escalate, not diminish, as new threats and channels blossom in 2011. Growth in mobile banking and the use of social networks are expected to pose new security challenges, experts say.