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SEC Slams Firm with $1M Fine for Weak Security Policies
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Dr.T
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Dr.T,
User Rank: Ninja
9/28/2018 | 9:41:46 AM
Reset password
For six months in 2016, cyberattackers impersonated VFA contractors by calling the firm's support line and requesting to reset passwords. This is a common problem, social engineering. Hard to prevent from in certain situations unles a good training program.
Dr.T
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Dr.T,
User Rank: Ninja
9/28/2018 | 9:37:15 AM
Re: First of many
Fines are usually laughed off. I aggee better to have a fine that hurts otherwise it will be ok for most companies, they keep paying the fines instead of implementing security measures.
Dr.T
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Dr.T,
User Rank: Ninja
9/28/2018 | 9:35:33 AM
Re: First of many
only a change in the C-Suite attitude of risk will do that and have resources allocated AND IMPLEMENTED FOR AGGRESSIVE MALWARE HUNTING and security walls. That is true but to change executives mind we need to have evidence of the troubles.
Dr.T
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Dr.T,
User Rank: Ninja
9/28/2018 | 9:34:15 AM
Re: First of many
But fines won't fix the problem That is true but we need to start somewhere.
Dr.T
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50%
Dr.T,
User Rank: Ninja
9/28/2018 | 9:33:21 AM
Weak Security Policies
This is good news as organizations are going to think twice when they avoid cost of security implementations.
Sportialize
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Sportialize,
User Rank: Apprentice
9/26/2018 | 5:53:58 PM
Re: First of many
Totally true !
REISEN1955
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REISEN1955,
User Rank: Ninja
9/26/2018 | 3:40:47 PM
First of many
But fines won't fix the problem - only a change in the C-Suite attitude of risk will do that and have resources allocated AND IMPLEMENTED FOR AGGRESSIVE MALWARE HUNTING and security walls.  Fines are usually laughed off.  And watch the SEC be hacked soon too as they are a GOVERNMENT body probaby running S/370 IBM MAINFRAMES too.  


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