Risk
7/20/2007
05:26 PM
50%
50%

China Weighs In On Its IT Security Challenges

A blog by my InformationWeek China colleague Jon Tian entitled "Borders of Information Security" provides some cultural perspective for several key findings in InformationWeek Research's 10th annual Global Information Security Survey.

A blog by my InformationWeek China colleague Jon Tian entitled "Borders of Information Security" provides some cultural perspective for several key findings in InformationWeek Research's 10th annual Global Information Security Survey.

"The Internet is borderless, accordingly, security threats are borderless, too … Certainly, Chinese companies follow their U.S counterparts in many IT application areas, including the field of information security. But I recalled the words of John W. Thompson, CEO of Symantec during an interview this March in Beijing, 'Our life has changed from real world to the digital world, now we've learned how to protect ourselves in the real world, but we have not learned the skills and experiences to protect ourselves in the digital world.' "

Tian goes on to note that China is "hanging behind" in some IT areas, but not in others:

"This kind of 'following up' happens in many, but not all, the IT application areas. For example, survey results indicate that phishing threats faced by Chinese companies are much less than U.S companies. Some may argue that it is because online banking and electronic payment are not as popular in China as in North America. However, rapid development of China's online financial services in recent years is obvious to all, yet only 16% and 17% of Chinese companies in most recent surveys [indicate] they were attacked by phishing, and the percentages of U.S companies almost doubled."

In fact, Tian argues, technology development in China in some areas has even leap-frogged the West:

"One of the facts that is most frequently mentioned by Americans is telecommunication development in China, directly leaping from fixed phone communication to mobile communication. In fact, China has become the lab of many different cutting-edge technologies. This kind of leap happens in information security as well. For instance, Chinese banks started their online banking systems much later than U.S banks, and learning from their U.S counterparts, Chinese banks pay much attention to security from the very beginning. Take ICBC (Industrial and Commercial Bank of China), for example -- its online banking system requires users to use U-dun (a kind of USB security device) to access their online accounts in order to ensure the transaction security."

As a result, Tian believes Accenture's observations that Chinese businesses are several years behind Western businesses in their security deployments should be put in perspective:

"Considering the leap during application transformation, the three to four years gap between Chinese companies and American companies in information security may not be that bad. And as more Chinese companies are going abroad, borders in information security will gradually disappear. Globalization forces Chinese companies to adopt more international standards to improve their IT governance. Take a joint funding company, for instance -- its IT department has to be well-prepared for internal auditing by their foreign investor at least twice a year. Last year, many Chinese companies listed overseas made a lot of effort to measure up the Sarbanes-Oxley Act. Though requirements of the Act are somewhat difficult for the companies, most of them have accomplished this task."

He concludes:

"Threats of information security are borderless, so effective measures to dealing with security threats should be borderless as well."

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Dark Reading Tech Digest, Dec. 19, 2014
Software-defined networking can be a net plus for security. The key: Work with the network team to implement gradually, test as you go, and take the opportunity to overhaul your security strategy.
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2011-4720
Published: 2014-12-27
Hillstone HS TFTP Server 1.3.2 allows remote attackers to cause a denial of service (daemon crash) via a long filename in a (1) RRQ or (2) WRQ operation.

CVE-2012-1203
Published: 2014-12-27
Cross-site request forgery (CSRF) vulnerability in starnet/index.php in SyndeoCMS 3.0 and earlier allows remote attackers to hijack the authentication of administrators for requests that add user accounts via a save_user action.

CVE-2013-4663
Published: 2014-12-27
git_http_controller.rb in the redmine_git_hosting plugin for Redmine allows remote attackers to execute arbitrary commands via shell metacharacters in (1) the service parameter to info/refs, related to the get_info_refs function or (2) the reqfile argument to the file_exists function.

CVE-2013-4793
Published: 2014-12-27
The update function in umbraco.webservices/templates/templateService.cs in the TemplateService component in Umbraco CMS before 6.0.4 does not require authentication, which allows remote attackers to execute arbitrary ASP.NET code via a crafted SOAP request.

CVE-2013-5958
Published: 2014-12-27
The Security component in Symfony 2.0.x before 2.0.25, 2.1.x before 2.1.13, 2.2.x before 2.2.9, and 2.3.x before 2.3.6 allows remote attackers to cause a denial of service (CPU consumption) via a long password that triggers an expensive hash computation, as demonstrated by a PBKDF2 computation, a si...

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Join us Wednesday, Dec. 17 at 1 p.m. Eastern Time to hear what employers are really looking for in a chief information security officer -- it may not be what you think.