Consumers across the globe are more concerned with protecting their financial and payments information stored on a computer than they are with protecting this data when stored on a mobile wallet, according to data.
Last year, cybercriminals attacked the California-based Hollywood Presbyterian Medical Center, encrypting files crucial in running the hospital’s operating systems and demanding a ransom to restore them to working order.
Fraudsters’ methods continually evolve to counter new fraud protection measures and with personally identifiable information, they could steal a customer’s identity or create a synthetic identity. Once a fraudster captures this information, if they are able to access a customer account or open an account, it creates a nightmare scenario with significant repercussions for the business and the customer.
Ideally a penetration test should simulate a real world attack; in the real world, the attacker will always have some objective beyond “get into the network.” No matter who the attacker is, they are motivated by something that they are trying to accomplish – and getting into the network is only one step in that process for the attacker.
It’s hard to believe that over a decade has passed since PCI DSS (Payment Card Industry Data Security Standard) was first introduced in 2004 as the information security standard for organizations that store, process or transmit cardholder data. Although it’s become a mature industry standard, two problems remain.
Thinking of building your own Global Security Operations Center? Learn from four leading enterprises about how they developed or modified their GSOCs to bring the most value to their enterprises. Also in this issue: how to attract better cybersecurity talent, healthcare data compliance, working with integrators to test security technology, the 2017 ISC West Product Preview and much more!