in

This Blog

Syndication

Tags

News

AlertBoot offers a cloud-based full disk encryption and mobile device security service for companies of any size who want a scalable and easy-to-deploy solution. Centrally managed through a web based console, AlertBoot offers mobile device management, mobile antivirus, remote wipe & lock, device auditing, USB drive and hard disk encryption managed services.

Archives

AlertBoot Endpoint Security

AlertBoot offers a cloud-based full disk encryption and mobile device security service for companies of any size who want a scalable and easy-to-deploy solution. Centrally managed through a web based console, AlertBoot offers mobile device management, mobile antivirus, remote wipe & lock, device auditing, USB drive and hard disk encryption managed services.

Data Protection: KPMG Finds Data Fraud Tripled Since 2007?

It looks like the services of centrally-managed hard disk encryption tools like AlertBoot may be of even more importance to companies.  An article at infoworld.com cites a new KPMG survey that was released at the E-Crime Congress in London.  According to this survey, fraud committed by managers, employees, and customers increased threefold since 2007, when the recession first hit.

Sixty-six percent of those surveyed also felt that fired IT workers would be tempted to join criminal activities.  This has been pointed--and I'm inclined to agree--that it's just wishful thinking (not that I believe anyone wishes it to actually happen).

However, when you take into consideration that similar surveys have shown approximately 80% of workers would steal corporate data, such as client lists, if they knew they were about to be canned...well, I'd say about 14% see the glass as half-full.  I mean, stealing data would make one a criminal; if 80% would actually do so, and only 66% feel like it would happen...

But, the finding that is of true importance is the threefold increase.  The recession seems to be affecting people's moral and ethical compasses.

Time Is Of Essence When Curtailing Data Breaches

Of course, this finding is not new.  Fraud and crime has always increased when the economy goes south.  What's new may be that people are looking to steal data-- the currency of the new century.

It's no secret that data can be protected from outsiders.  Programs like hard drive encryption software make it nearly impossible for unauthorized people to access a computer, for example.

But can you do the same for insiders?  After all, they have the passwords to gain entry--they need it (or needed it) for their job.

The answer is, it depends.  A centrally-managed encryption program like AlertBoot allows an administrator to lock out an enduser.  This can be done by dropping the now-terminated employee from a list of authorized users.  Once this is done, the employee's username and password won't decrypt the information anymore.  Data-wise, he's an outsider.

But, this needs to be done ASAP.  If you have the ability to restrict access, but wait one week after the termination notice to prevent a fired employee from accessing corporate data, who's to say how much damage the company suffered?

Related Articles:
http://www.infoworld.com/article/09/03/24/In_poor_economy_more_IT_pros_turning_to_ecrime_1.html
http://www.computerweekly.com/Articles/2009/03/25/235402/e-crime-congress-2009-enterprises-vulnerable-to-cyberattack-says.htm
http://www.vnunet.com/vnunet/news/2239085/experts-warn-global-commerce

 
<Previous Next>

File Data Encryption Software Being Used To Hold People To Ransom

Data Breach Costs: USB vs. Laptop Computer vs. CD

Comments

No Comments

About sang_lee

Sang Lee is a Senior Account Manager and Security Analyst with AlertBoot, Inc., the leading provider of managed endpoint security services, based in Las Vegas, NV. Mr. Lee helps with the deployment and ongoing support of the AlertBoot disk encryption managed service. Prior to working at AlertBoot, Mr. Lee served in the South Korean Navy. He holds both a B.S. and an M.S. from Tufts University in Medford, Massachusetts, U.S.A.