Hmm - at the individual application development level, in a large org, no one cares about shareholder value. The problem with large organisations is the huge amount of effort required to get anything implemented. The application development was probably outsourced, the infrastructure is handled by some other company, the security review was done at the architectural level, and the annual pen test might not have picked it up. And the auditors generally don't know how anything actually works, and just require ticks in the boxes (like hiding your server OS in the HTTP headers, rather than actually trying to attack your application)
Cheers Ken From: Andrew S. Baker [mailto:[email protected]] Sent: Wednesday, 15 June 2011 7:31 PM To: NT System Admin Issues Subject: Re: [OT] Citibank worse at security than Sony >>As with Sony, one has to wonder where their priorities are with data >>protection .. It's all about shareholder value, and the shareholders value profits and dividends... Plus, no one expects to be caught, or exposed, so it's not a problem until it's a problem. Until they suffer some real penalties (huge SEC fine, real government oversight, significant loss of customers, jail time for someone in senior management), there will be little change. ASB (Professional Bio<http://about.me/Andrew.S.Baker/bio>) Harnessing the Advantages of Technology for the SMB market... On Wed, Jun 15, 2011 at 5:31 AM, Alan Davies <[email protected]<mailto:[email protected]>> wrote: What floors me is how sophisticated they are saying the attack is! Honestly, this article makes me so angry! http://www.nytimes.com/2011/06/14/technology/14security.html?_r=3 This is basic s**t! It's not APT. It's not sophisticated. It's complete lack of good governance and due diligence. It's a high profile web app with PII data that should be having significant PT work done at a MINIMUM of quarterly. As with Sony, one has to wonder where their priorities are with data protection .. a -----Original Message----- From: Matthew B Ames [mailto:[email protected]<mailto:[email protected]>] Sent: 15 June 2011 07:24 To: NT System Admin Issues Subject: RE: [OT] Citibank worse at security than Sony As a software engineer I would feel rather guilty to develop a system that was that poor. I used to have a Citi credit card..... I had better check it is no long active. -----Original Message----- From: Ben Scott [mailto:[email protected]<mailto:[email protected]>] Sent: 15 June 2011 04:36 To: NT System Admin Issues Subject: [OT] Citibank worse at security than Sony So... 200,000 or so Citigroup customers have had their person info stolen. Someone logged in to one account properly, then changed the account number in the URL to someone else, and the site happily served up that account instead. I hesitate to even call the first party an "attacker". Is it really an attack if the bank just leaves a pile of money sitting on the sidewalk and someone takes it? http://www.dailymail.co.uk/news/article-2003393/How-Citigroup-hackers-br oke-door-using-banks-website.html<http://www.dailymail.co.uk/news/article-2003393/How-Citigroup-hackers-br%0d%0aoke-door-using-banks-website.html> Some banker fat cats need to go to jail for this. This is incompetence of the highest order. ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ --- To manage subscriptions click here: http://lyris.sunbelt-software.com/read/my_forums/ or send an email to [email protected] with the body: unsubscribe ntsysadmin
