Wednesday, March 21, 2012

Still bloody expensive...
Good news for breached entities: it won’t cost you as much and customers are less likely to leave – Ponemon study
March 20, 2012 by admin
The new Ponemon study, 2011 Cost of a Data Breach Study has some interesting findings. From the executive summary:
  • The cost of a data breach declined. For the first time in seven years, both the organizational cost of data breach and the cost per lost or stolen record have declined. The organizational cost has declined from $7.2 million to $5.5 million and the cost per record has declined from $214 to $194.
  • Negligent insiders and malicious attacks are the main causes of data breach. Thirty- nine percent of organizations say that negligence was the root cause of the data breaches. For the first time, malicious or criminal attacks account for more than a third of the total breaches reported in this study. Since 2007, they also have been the most costly breaches. Accordingly, organizations need to focus on processes, policies and technologies that address threats from the malicious insider or hacker.
  • Certain organizational factors reduce the overall cost. If the organization has a CISO with overall responsibility for enterprise data protection the average cost of a data breach can be reduced as much as $80 per compromised record. Outside consultants assisting with the breach response also can save as much as $41 per record. When considering the average number of records lost or stolen, all of these factors can provide significant and positive financial benefits.
Once again, those who rush to notify before they have completed a thorough assessment wound up spending more than those who complete their assessment before notifying consumers. The difference came to about $33/record. So while the public wants prompt notification, prompt but inaccurate notification may wind up costing entities more.


“If you've go nothing to hide...” Failure to volunteer is awfully suspicious.
Saying No to an Optional Iris Photo Has Its Consequences
As fellow Occupy Wall Street protesters who had been arrested on Saturday were being arraigned, Dallas Pesola remained in a holding cell on Sunday night, essentially being punished for not submitting to what was supposed to be a voluntary photograph of his irises.
Mr. Pesola was released on Monday after spending 48 hours in custody, double the maximum time for arraignments set in 1990 by a state Supreme Court judge.
… In 2010, when the New York Police Department began photographing the irises of people arrested in Manhattan, officials said that the images would prevent one defendant from pretending to be another.

(Related) Not new, but clearly spreading. Corporations are now aware that bad opinions on social media can hurt the bottom line yet they are still unwilling to use social media themselves.
Employers ask job seekers for Facebook passwords
… Bassett, a New York City statistician, had just finished answering a few character questions when the interviewer turned to her computer to search for his Facebook page. But she couldn't see his private profile. She turned back and asked him to hand over his login information.
Bassett refused and withdrew his application, saying he didn't want to work for a company that would seek such personal information
… In their efforts to vet applicants, some companies and government agencies are going beyond merely glancing at a person's social networking profiles and instead asking to log in as the user to have a look around.
… Since the rise of social networking, it has become common for managers to review publically available Facebook profiles, Twitter accounts and other sites to learn more about job candidates. But many users, especially on Facebook, have their profiles set to private, making them available only to selected people or certain networks.
Companies that don't ask for passwords have taken other steps - such as asking applicants to friend human resource managers or to log in to a company computer during an interview. Once employed, some workers have been required to sign non-disparagement agreements that ban them from talking negatively about an employer on social media. [Desn't this change the “employment agreement?” Bob]
Asking for a candidate's password is more prevalent among public agencies, especially those seeking to fill law enforcement positions such as police officers or 911 dispatchers.
… Until last year, the city of Bozeman, Mont., had a long-standing policy of asking job applicants for passwords to their email addresses, social-networking websites and other online accounts.
And since 2006, the McLean County, Ill., sheriff's office has been one of several Illinois sheriff's departments that ask applicants to sign into social media sites to be screened.
Chief Deputy Rusty Thomas defended the practice, saying applicants have a right to refuse. But no one has ever done so. Thomas said that "speaks well of the people we have apply."
… In Spotsylvania County, Va., the sheriff's department asks applicants to friend background investigators for jobs at the 911 dispatch center and for law enforcement positions.
"In the past, we've talked to friends and neighbors, but a lot of times we found that applicants interact more through social media sites than they do with real friends," said Capt. Mike Harvey. "Their virtual friends will know more about them than a person living 30 yards away from them."
… Facebook declined to comment except for issuing a brief statement declaring that the site forbids "anyone from soliciting the login information or accessing an account belonging to someone else."
Giving out Facebook login information also violates the social network's terms of service. But those terms have questionable legal weight, and experts say the legality of asking for such information remains murky.
The Department of Justice regards it as a federal crime to enter a social networking site in violation of the terms of service, but during recent congressional testimony, the agency said such violations would not be prosecuted. [“Another law we choose to ignore...” Bob]
Lori Andrews, a law professor at IIT Chicago-Kent College of Law specializing in Internet privacy, is concerned about the pressure placed on applicants, even if they voluntarily provide access to social sites.
"Volunteering is coercion if you need a job," Andrews said.


No comments: