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Cyber-Ark secures and manages global bank privileged identities and application passwords
(12/11/2008)

Up to 70 percent of system breaches are caused by internal users, and in particular, users who mistakenly or purposely misuse their privileged access capabilities. Until recently, organizations had no way to effectively secure, manage and track the provisioning, use, and relocation of privileged user accounts-thus leaving these very powerful passwords especially vulnerable and a potential source of damaging information leaks. Cyber-Ark Softwar... [more]

90% of loss of assets incidents are from staff that have privileged access
(28/08/2008)

A few days ago I became the innocent victim of a “blended threat” attack when a Volkswagen Golf and a Hyundai Getz joined together and rammed my two week old car sitting in front of my house. Of course as with all blended attacks it was impossible to foresee that an idiot in the Golf would drive at 70 Mph in a 30 zone and that my neighbour would decide to turn right into her driveway just in front of him with the result that they would blend ... [more]

Harvard University hack could have been avoided
(17/03/2008)

In February, hacker have attacked Harvard University servers, accessed the personal information of more than 10,000 graduate students and applicants to the Graduate School of Arts and Sciences and posted part of this confidential information on the Web. Cyber-Ark commented that the Harvard University hack could have been avoided if the university had protected its student data. "The systems hack, which resulted in details of more than 10,000 g... [more]

Lack of Privileged Password Management can explain what went wrong at Société Générale
(29/01/2008)

French President Nicolas Sarkozy called the events at Société Générale a "large-scale internal fraud", and Daniel Bouton the Société Générale Chairman said the fraud was a "one-off" and denied it was a trading or risk-management fault. According to reports in the Wall Street Journal Mr. Kerviel "worked late into the night, essentially burrowing into Société Générale's computers, as he allegedly built a multilayered way to hide his trades by h... [more]

Canadian Health Agency admits to Major Hack
(24/12/2007)

Database disasters are not just confined to UK government agencies, after sensitive patient information has been accessed by persons unknown on a Canadian health agency computer. According to Health Minister Ross Wiseman, the data, including lab test results for infectious diseases such as HIV and hepatitis along with patient names and health numbers, was stored on a government desktop computer, which was taken to the home of a consultant work... [more]

Ameritrade customer database hacked and contact information stolen
(18/09/2007)

TD Ameritrade, the US stock brokerage admitted late Friday that its customer database had been hacked and contact information stolen on more than 6.3 million customers. Ameritrade apparently had known about the problem since May of this year, when two customers sued the firm, claiming they were receiving unwanted ads on email accounts used solely for stock trading with the online brokerage. The firm is reported to be co-operating with the F... [more]

Sensitive information requires extra-care to prevent industrial espionage
(27/08/2007)

If the news is to be believed, it seems that an employee at Ferrari just could not resist it and helped himself to a few secrets. Not only that, but according to the news an employee at a competitor couldn’t resist the temptation when offered the chance to gain some inside info. After all what man in his right mind could resist the temptation of getting the inside gossip. We’re all curious and live in a world where we daily try to steal a lead o... [more]

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