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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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Posted December 18, 2014    Chris Burd

Of the 30 critical-rated Microsoft Security Bulletins this year, 24 involved vulnerabilities where the age-old best practice of “least privilege” could limit the impact of malware and raise the bar of difficulty for attackers.

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Looking back on information security in 2014

Posted December 16, 2014    Dave Shackleford

Dave Shackleford is a SANS Instructor and founder of Voodoo Security. Join Dave for a closer look at the year in security, and learn what you can do to prepare for 2015, with this upcoming webinar. 2014 has been one heck of an insane year for information security professionals. To start with, we’ve been forced…

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December 2014 Patch Tuesday

Posted December 9, 2014    BeyondTrust Research Team

This month marks the final Patch Tuesday of 2014. Most of what is being patched this month includes Internet Explorer, Exchange, Office, etc… and continues a trend of the greatest hits collection of commonly attacked Microsoft software. Probably the one thing that broke the mold this month is that for once there is not some…

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