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What Data Breaches Now Cost And Why
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Kelly Jackson Higgins
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Kelly Jackson Higgins,
User Rank: Strategist
6/1/2015 | 10:29:06 AM
Re: Organized Crime
It's easy to hide behind layers of phony IPs, etc., but the main problem are nations in E. Europe that wink-wink cybercriminal behavior and don't extradite them to nations that investigate the activity.
RyanSepe
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RyanSepe,
User Rank: Ninja
6/1/2015 | 10:26:59 AM
Re: Organized Crime
Thank you. In that case, I thought that EU had very stringent infosec rules and protocols. Are they enforced by those nations or why are they so prevalent on a group scale? Is it anonymity by the organization or apathy by the state in which they reside?
Kelly Jackson Higgins
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Kelly Jackson Higgins,
User Rank: Strategist
6/1/2015 | 10:22:47 AM
Re: Organized Crime
Hey @RyanSepe. The organized crime hackers the report refers to are mainly Eastern Europen organizations who use cybercrime as a way to profit. Nation-states are still a small % overall of attacks, as are hacktivists like Lizard Squad. 
RyanSepe
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RyanSepe,
User Rank: Ninja
5/31/2015 | 11:33:47 PM
Re: Board
Very interesting having the CISO not report to the CIO. It seems that from a compartmentalization standpoint it would make the most sense but I have seen first hand the budgetary concerns when the CISO does report to the CIO. It's never that the security initiatives are not important, it just seems, and in some cases it may be so(infrastructure), that other technology endeavors take precedence.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
5/30/2015 | 11:34:40 PM
Board
The role of the board of directors reducing the cost of a data breach is not particularly surprising.  One of the things discussed at the recent MIT Sloan CIO Symposium was the conflict of interest that CIOs have, fundamentally, with the CISO's office and ensuring good cybersecurity.  Mixing security with operations can be dangerous because the goals can often be conflicting or mutually exclusive -- particularly when budgetary and political issues are at play.

More than one of the cybersecurity experts there recommended that the CISO not answer to th CIO, and instead answer to a non-tech role, such as the board of directors (if not the CFO or CEO).
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
5/30/2015 | 11:32:23 PM
Re: Organized Crime
@Ryan: This is exactly what I was thinking.

At what point do organized crime from abroad (or even, in some cases, domestically) and cyber-terrorism overlap?
RyanSepe
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50%
RyanSepe,
User Rank: Ninja
5/27/2015 | 1:23:16 PM
Organized Crime
By organized crime, are breaches typically most seen driven by Nation-States or malicious groups that governing themselves (Ex: Lizard Squad)?

 

Also, what are some measures that could reduce the cost and detection timing of a breach? I would think that the organizations in the report vary in there security architectures making some more efficient to detect and others less so. As well as the cost to mitigate the breach. What are the contributing factors?

 


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