The attacks on Swiss financial institutes with the aim of unjustified enrichment and the threat of the targeted industrial espionage via the internet are the main topics of the fifth semi-annual report of the Reporting and Analysis Centre for Information Assurance.

The report assesses the situation of the first half of the year 2007 in Switzerland and is now available online and clearly shows that the human factor remains the weakest point of ICT security.

Focus areas of issue 2007/I

• Attacks on Swiss financial services
  "Classic" phishing attacks by e-mail with password requests have decreased substantially in Switzerland. Moreover, all such attacks have been unsuccessful. On the other hand, successful attacks with malware have increased. Two-factor authentication systems (e.g. transaction authentication numbers, SecurID, etc.) do not afford protection against such attacks and must be viewed as insecure once the computer of the customer has been infected with malware.

• Industrial espionage and data theft
  The threat posed by targeted state or private industrial espionage continues. Not only the operators of critical infrastructures, the armament industry, or public authorities are threatened. Medium-sized industrial companies as well as manufacturers of luxury articles and fashion are also being targeted. The attacks are carried out by sending targeted e-mails to individual employees which contain malware in their attachments or links to bogus websites.
• Attacks on web servers:
  malware distribution, phishing, data theft Compromising of web servers has increased. The purpose is to use web servers to distribute malware, such as by drive-by infection, to steal data (especially on commercially used servers), to carry out (interim) storage of data (e.g. in connection with phishing), or to distribute messages that are generally political in nature.
• Malware / attack vectors
  Malware is still usually distributed through e-mail attachments or e-mails with links to bogus websites. Using clever social engineering techniques, the victim is deceived into opening the attachment or clicking on the link. Websites installing malware on the computer without any action by the user (drive-by infections) have heavily increased as an infection vector. Vulnerabilities in the operating system, the browser, or other applications are exploited. For a long time now, this no longer only happens on dubious sites, but also on (compromised) serious and well-known sites. Rates of recognition of malware by anti-virus software remain low.

The complete report is available on Melani website in italian, german, french and english.

A complete and useful list of all Internet risks and related protection measures is also available.

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Cory Doctorow wrote this Creative Commons-licensed fiction story for Radar Online magazine.

  Une version française est disponible ici

“Give me six lines written by the most honorable of men, and I will find an excuse in them to hang him.” –Cardinal Richelieu

“We don’t know enough about you.” –Google CEO Eric Schmidt

Greg landed at San Francisco International Airport at 8 p.m., but by the time he’d made it to the front of the customs line, it was after midnight. He’d emerged from first class, brown as a nut, unshaven, and loose-limbed after a month on the beach in Cabo (scuba diving three days a week, seducing French college girls the rest of the time). When he’d left the city a month before, he’d been a stoop-shouldered, potbellied wreck. Now he was a bronze god, drawing admiring glances from the stews at the front of the cabin.

Four hours later in the customs line, he’d slid from god back to man. His slight buzz had worn off, sweat ran down the crack of his ass, and his shoulders and neck were so tense his upper back felt like a tennis racket. The batteries on his iPod had long since died, leaving him with nothing to do except eavesdrop on the middle-age couple ahead of him.

“The marvels of modern technology,” said the woman, shrugging at a nearby sign: Immigration–Powered by Google.

“I thought that didn’t start until next month?” The man was alternately wearing and holding a large sombrero.

Googling at the border. Christ. Greg had vested out of Google six months before, cashing in his options and “taking some me time"–which turned out to be less rewarding than he’d expected. What he mostly did over the five months that followed was fix his friends’ PCs, watch daytime TV, and gain 10 pounds, which he blamed on being at home instead of in the Googleplex, with its well-appointed 24-hour gym.

He should have seen it coming, of course. The U.S. government had lavished $15 billion on a program to fingerprint and photograph visitors at the border, and hadn’t caught a single terrorist. Clearly, the public sector was not equipped to Do Search Right.

The DHS officer had bags under his eyes and squinted at his screen, prodding at his keyboard with sausage fingers. No wonder it was taking four hours to get out of the god damned airport.

(more…)

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The Gartner Group launched during the IT Security Summit, a book written by Richard Hunter (Gartner vice-president) entitled IT Risk: "Turning Business Threats into Competitive".

The Register published an article highlighting some of Hunter's statement. Extracts:

• IT systems have become so integral to businesses that their failure can have disastrous consequences for an organization.

• IT risk is too important to be left to IT departments
• IT risk is related to IT value. It would be short-sighted not to recognize either value or risk

The complete article in available on The Register site.

More interesting than the article itself are indeed the comments which clearly show how wide is the gap between the theory (or the analysis) and the reality.

Best of :

• So the Bean counters and all the people who have no clue about it should have control? BAD IDEA.
• …This is the reason why an I.T director needs to sit on the board. Not however just some one who did a MBA but barely knows how to turn on their PC.
• …much of the problem can be resolved with a bit of education and common sense – and some money of course
• Ignorance, from middle management to board level, of even simple issues relating to IT risks that can be seriously detrimental to the business as a whole.
• Management, up to board level, simply not listening to IT managers who DO know what they are talking about
• In my experience IT risk auditors are finance types who don't understand IT and thus cannot adequately assess the risk
• Yes, let's take away IT disaster management and network security from the people that have a clue.

All comments are here.

I recognize in most comments highly experienced, realistic and well grounded IT guys. About the, so called, IT Analysts… same consideration than for the Burton Group.

As expressed, common sense would be to have IT director on the board, and the management to wake up and become IT skilled.

What's your opinion ?

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