internal risk s and threats

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Internal Risk s and threats. Security Breaches Hackers vs Insiders. 2005 survey done by the U.S. Secret Service in conjunction with CERT - PowerPoint PPT Presentation

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Page 1: Internal Risk s  and threats
Page 2: Internal Risk s  and threats

Security BreachesHackers vs Insiders

2005 survey done by the U.S. Secret Service in conjunction with CERT

The survey shows that of the insiders who cause security breaches, 59 percent were former employees or former contractors. Of those, 48 percent had been fired, 38 percent had resigned and 7 percent had been laid off.

Witiger.com> http://itmanagement.earthweb.com/career/article.php/3595456

Page 3: Internal Risk s  and threats

3Slide 3 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Agenda

Page 4: Internal Risk s  and threats

4Slide 4 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

What is Internal Threat?

in·ter·nal   [in-tur-nl] Pronunciation Key

–adjective 1. situated or existing in the interior of

something; interior

Page 5: Internal Risk s  and threats

5Slide 5 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

threat     (thrět)   n.   1. An expression of an intention to

inflict pain, injury, evil, or punishment.

2. An indication of impending danger or harm.

3. One that is regarded as a possible danger; a menace.

Page 6: Internal Risk s  and threats

6Slide 6 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Internal + Threat

In terms of business Internal threats expose the business making it vunerable

CAUSE: Active employee Ex-employee Third party

Page 7: Internal Risk s  and threats

7Slide 7 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Internal Threats

Not easy to find information and examples makes vulnerabilities public knowledge Weakens investor confidence If deposit taking institution may cause

“run on the bank” Makes the company look bad in the

public eye Negative PR = NOT GOOD

Page 8: Internal Risk s  and threats

8Slide 8 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Who is effected?

Customers

The business

Third Party

Page 9: Internal Risk s  and threats

9Slide 9 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

What can Happen?

Lost profits Lost market share Lost investor confidence Negative PR

Page 10: Internal Risk s  and threats

10Slide 10 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Influencing Environments

o Economic Environment o Competitive Environment o Political Environment o Social/Cultural Environment o Technological Environment

Page 11: Internal Risk s  and threats

11Slide 11 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Economical and Competitive 3rd party

Outsourcing – cut costs Cut corners

Former Employee Former Employees – economic some employees are enticed,

(sometimes by their new employers) to use their old company passwords and inside information to acquire confidential information) to use their old company

Page 12: Internal Risk s  and threats

12Slide 12 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Social and Cultural

Former Employees Who has some grudge against company

(for being laid off or fired maybe) and have malicious intentions in creating a situation adverse to business operations)

Page 13: Internal Risk s  and threats

13Slide 13 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Political

Legislature related to client information retention

CSB investors victimized

Sponsorship Scandel

Page 14: Internal Risk s  and threats

14Slide 14 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Technological

Hard to keep up with in order to prevent threats

“Vishing”

Page 15: Internal Risk s  and threats

15Slide 15 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

What are the measures to deal with the risks? Train and educate employees Having a security system Contracts

Page 16: Internal Risk s  and threats

16Slide 16 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

4. Future Circumstances

Coke will be reviewing its security measures currently in place

Competition is becoming fierce, not all companies can be expected to act like Pepsi and do the right thing

Page 17: Internal Risk s  and threats

17Slide 17 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Ability to Handle Internal Threats Spread the info amongst a few

employees Employees are assigned a level based

on their position in the company. All sensitive info is also assigned a level Only high level employee’s can see highly

confidential information. Intranet Removing access (passwords) a day

before termination

Page 18: Internal Risk s  and threats

18Slide 18 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

Handling Third Parties

Companies have a disclaimer when using a third party. To inform the customer that the offer or

service is from another company

Page 19: Internal Risk s  and threats

19Slide 19 of 19Student project in FSM 620; Eric H., Zac H., Rameez H. April 2007

What have we learned?