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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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BeyondTrust Webcast: Darren Mar-Elia’s 4 Active Directory Change Scenarios to Track

Posted August 20, 2014    Chris Burd

In our latest webcast, we joined Darren Mar-Elia, CTO at SDM Software, to discuss best practices for Active Directory (AD) change management. Here are some key takeaways from the presentation, followed by a link to a full-length video of the presentation. Mar-Elia kicks things off with a critical insight: that the best AD change management…

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New IT Security Best Practices for Maintaining “Business as Usual” Despite Evolving Threats

Posted August 13, 2014    Morey Haber

It’s time to get back to business. Here in the U.S., summer vacations are wrapping up and businesses are looking forward to closing out 2014. Over the past year, we’ve seen several incidents that warrant changes in the ways consumers make purchases and businesses conduct transactions. Consider last week’s theft of a whopping 1.2 billion…

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Retina Vulnerability Audits – August 2014 Patch Tuesday

Posted August 12, 2014    BeyondTrust Research Team

The following is a list of Retina vulnerability audits for this August 2014 Patch Tuesday: MS14-043 - Vulnerability in Windows Media Center Could Allow Remote Code Execution (2978742) 34924 – Microsoft WMC Remote Code Execution (2978742) MS14-044 - Vulnerabilities in SQL Server Could Allow Elevation of Privilege (2984340) 34915 – Microsoft SQL Server Multiple Vulnerabilities (2984340) – 2008 34916 –…