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How One Companys Cybersecurity Problem Becomes Another's Fraud Problem
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Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
8/29/2018 | 11:04:13 PM
Honan example
An even more insidious example can be seen in the case of Wired's Mat Honan -- whose entire online/computer life was compromised in 2012 via a compromise of his Apple ID, which in turn was able to be compromised via information gained by compromising Honan's Amazon account!
Dr.T
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Dr.T,
User Rank: Ninja
8/30/2018 | 9:28:52 AM
Re: Honan example
compromise of his Apple ID, which in turn was able to be compromised via information gained by compromising Honan's Amazon account! Yes. Most liley the same account names and passwords are used. A common problem..
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
8/30/2018 | 11:30:40 PM
Re: Honan example
@Dr.T: Actually, nope, that's not what happened; this was not a case of PEBKAC. The problem lay with security issues at Amazon and Apple respectively.

Here's Honan's account of his digital nightmare: wired.com/2012/08/apple-amazon-mat-honan-hacking/
Dr.T
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Dr.T,
User Rank: Ninja
8/30/2018 | 9:27:21 AM
Fraud
But the larger end result is that my cyber problem has just become everybody else's fraud problem because my infected system is now set up to attack other systems. This makes sense. Best approach against this is segregation of the systems so one is compromised but the rest can still be protected.
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
8/30/2018 | 11:32:29 PM
Re: Fraud
@Dr.T: Sure, virtualization and gapping measures can be great for security and tenant isolation...but more to the point, certain systems have to interact with each other -- and the security issues flow just as readily as does the communication itself.
Dr.T
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Dr.T,
User Rank: Ninja
8/30/2018 | 9:30:25 AM
Say something
It's taking the concept of "when you see something, say something" into cyberspace. This would be a way to go. It requires a good security awareness programs to achieve it.
Dr.T
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Dr.T,
User Rank: Ninja
8/30/2018 | 9:32:49 AM
Cloud A and B
f Cloud A and Cloud B are willing to work together and exchange threat intelligence information, ... This is the major problem in the industry, they do not share security related information with each other.
Dr.T
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Dr.T,
User Rank: Ninja
8/30/2018 | 9:35:34 AM
Reputation
"cyber-enabled fraud," which we define as fraud that is facilitated though the use of malware exploits, social engineering, and/or lateral movement through a compromised website, network, or account. This would be problematic for companies reputation, it is still their lack of security that enabled attackers to cause the damage.


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