The announcement by RSA that it had been a victim of an advanced persistent threat shook the global information security industry. Stephen Northcutt of SANS Institute and David Navetta of the Information Law Group offer insight on what happened, what it means and how to respond.
It's serious news that RSA's SecurID solution has been the target of an advanced persistent threat. But "It's not a game-changer," says Stephen Northcutt, CEO of SANS Institute. "Anybody who says it is [a game-changer] is an alarmist."
"Persistent" is the operative word about the advanced persistent threat that has struck RSA and its SecurID products. "If the bad guys out there want to get to someone ... they can," says David Navetta of the Information Law Group.
Global banking institutions can learn from Japan's disaster planning and response. And a sophisticated cyberattack is launched against RSA, targeting the security unit of EMC's SecurID two-factor authentication products.
Disaster recovery expert Regina Phelps says Japan's nuclear emergency puts local citizens at risk, but organizations globally can learn from the crisis. "I hope that all of us look at this and ask, 'What can I do to be better prepared?'"
Developing enterprise risk management processes is one challenge for Asian banks. But following these processes is quite another, says Peter Koo, partner, Enterprise Risk Services, at Deloitte Touche Tohmatsu in Hong Kong.
Australia's government agencies can learn a lot from the nation's banks, when it comes to risk management and protecting privacy, says Graham Ingram, General Manager of the Australian Computer Emergency Response Team. "There are too many people in government organisations who are in denial [of risks]," he says.
In the initial wake of Japan's devastating earthquake and subsequent tsunami, business continuity plans have been tested, and organizations now are dealing with severe aftershocks and a growing national crisis, says Alan Berman, executive director of DRI International.