Category Archives: cybersecurity

General Cybersecurity topics

New York, New York. That’s my kinda regulation

Today is a big day for New York banks or any “Person operating under or required to operate under a license, registration, charter, certificate, permit, accreditation or similar authorization under the Banking Law, the Insurance Law or the Financial Services Law [of New York].”

Beginning March 1, 2017 the state of New York will begin the two year process to phase in the “Cybersecuirty Requirements for Financial Services Companies”  (23 NYCRR 500).  The rule sets forth the minimum cybersecurity requirements for financial companies doing business in New York.

Among other security requirements covered entities will have to:

  1. Develop and maintain a cybersecurity program based on a risk assessment;
  2. Implement and maintain a cybersecurity policy;
  3. Designate a qualified Chief Information Security Officer (CISO); and
  4. Perform penetration testing

In general, the requirements set forth in the New York rule make sense and should be a part of any strong security program already.

One of the requirements that struck me is the 72 hour reporting deadline to the Superintendent of Financial Services.  What is striking (at least to me) about this provision is the lack of a law enforcement exception.  In most breach notification rules, there is an acceptable delay in reporting if law enforcement is investigating the breach.  No such exception is present in the New York regulation.

This is one of the stronger state regulations over the past couple years.  It will be interesting to see if other state regulators follow suit.

Juice Jacking: Do you practice safe charging?

For at least the past five years “juice jacking” has been fairly well known in the security community.  Juice jacking is a term to describe stealing data from or implanting malicious data on mobile devices when they are plugged into a “charging kiosk”.

Anyone who has traveled in the past few years has seen these kiosks setup in airports, hotels, concerts, conferences, and other public areas.  They are becoming so common that it is hardly though about who installed it.

In 2011 the folks at Wall of Sheep tested people at security conferences by installing a hoax kiosk that captured information off cell phones that were plugged into charge.  Even at a security conference, many people plugged in.

So how do you prevent this type of attack?  Well, one choice is to abstain from using these kiosks.  But come on, we know you’re going to be weak.  You’ll be sitting in the airport with a slowly fading battery.  The kiosk will entice you.

Another option is to practice safe charging using a device like a USB condom (yes, it is real thing.)  The device blocks the data connections on the USB device, only allowing the power connections through.  This guarantees that no one can read or write data to or from your device.

A third option is to not use the kiosks directly.  Many now carry around a simple battery charger like this (I’m not endorsing that brand, just providinng an example.)  These are so common that they sell them at convenience stores now.  Plug that device into the kiosk, then use the device to charge your phone.

Which ever route you choose, think first, then charge.

 

Phishing still king

Again this last year phishing lead the charge in most data breaches.  According to the latest phishme “2016 Enterprise Phishing Susceptibility and Resiliency Report” 91% of data breaches begin with spearphishing.  This is supported by the 2016 Verizon Data Breach Report.

Both companies warn that phishing attacks are a significant threat, potentially the most significant.

Phishing has reportedly been at the heart of many high profile data breaches including Anthem, JP Morgan, and others.

Unfortunately there are not great technological solutions to prevent phishing.  Spam tools or anti-virus may help, but phishers continually evolve their messages and approaches.

Training, in my opinion, is still the best way to prevent phishing or any type of social engineering.  Through targeted training and testing, organizations have the ability to reduce a persistent threat