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Security in Context: The BeyondTrust Blog

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Bringing you news and commentary on solutions and strategies for protecting critical IT infrastructure in the context of your business.

The Soft Costs of Identity Breaches

Posted March 8, 2011    Peter McCalister

I’ve been a loyal customer of Wells Fargo for over a decade. For lots of good reasons. Over the long President’s Day weekend was the first time I’ve received a call from them saying that one of the vendors I’ve paid recently has had a data breach and leaked my credit card information.

They didn’t tell me which vendor it was, but it was pretty easy to figure it out based on the fact that they verified every recent purchase up to the one I figured it was.

It got me thinking about the “soft” costs of data breaches. Whether the breach was an insider or hacker, it must have costs a good chunk of cash to call thousands of customers and re-issue a card to each one.

Meanwhile, the event capped off a series of events I experienced personally that verified that this particular vendor that leaked my credit card information just didn’t have their act together. This is my first time in recent memory actually being a victim of a data breach and I realized that I immediately associate a data leak with blatant incompetence.

Then, I wonder how/if Wells Fargo punished the vendor. For some companies, relationships – even more so than data – is the most valuable asset they have and data breaches can put a lot of different relationships at risk.

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Additional articles

Larry-Brock-CISO

Passwords: A Hacker’s Best Friend

Posted September 1, 2015    Larry Brock

After all the years of talk about biometrics and multi-factor authentication, we still have passwords and will likely have them for a long time. Because many “high risk” systems require complex passwords (zk7&@1c6), most people that use them believe their passwords are secure. But they aren’t.

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CyberResiliency

6 things I like about Gartner’s Cyber Resiliency Strategy

Posted August 27, 2015    Nigel Hedges

There were 6 key principles, or recommendations, that Gartner suggested were important drivers towards a great cyber resiliency posture. I commented more than once during the conference that many of these things were not new. They are all important recommendations that are best when placed together and given to senior management and the board – a critical element of organisations that desperately need to “get it”.

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powerbroker-difference-1

Why Customers Choose PowerBroker: Flexible Deployment Options

Posted August 26, 2015    Scott Lang

BeyondTrust commissioned a study of our customer base in early 2015 to determine how we are different from other alternatives in the market. What we learned was that there were six key differentiators that separate BeyondTrust from other solution providers in the market. We call it the PowerBroker difference,

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