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.
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.
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.
"This is not a record of success; whatever we are doing is not working," says James Lewis of the Center for Strategic and International Studies. "As a nation, despite all the talk, we are still not serious about cybersecurity."
"Almost everyone has a firewall and is using it; it's just not necessarily a relevant defense against the way people are actually being attacked," says Josh Corman, research director of enterprise security at security consultancy The 451 Group.
Topics to be addressed at the NIST cloud computing forum include the cloud's trustworthiness and standards. Google Chief Internet Evangelist Vint Cerf and NIST Director Patrick Gallagher also will speak.
Fraud, risk management emerging technologies -- these issues know no boundaries. That's why we're launching a series of new international BankInfoSecurity sites to draw proper attention to local issues that impact the global banking industry.
Global banking institutions can learn a great deal from Japan's disaster planning and response. But security expert Mark Lobel of PricewaterhouseCoopers says this growing crisis also teaches us: "Even the best laid plans only go so far."
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.
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.
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?'"