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The WiKID Blog

The WiKID Blog, musings on two-factor authentication, information security and some other stuff.

stock-market-values-and-information-security

There has been some excellent research done on the impact of information security breaches on the market cap of affected firms (which directly impacts their cost of capital): "The economic cost of publicly announced information security breaches: empirical evidence from the stock market Katherine Campbell, Lawrence A. Gordon, Martin P. Loeb and Lei Zhou Accounting and Information Assurance, Robert H. Smith School of Business, University of Maryland, 2003" (http://brief.weburb.dk/archive/00000130/01/2003-costs-security-on-stockvalue-9972866.pdf)

This UMD study found that a firm suffering a breach of 'confidential information' saw a 5% drop in stock price while firms suffering a non-confidential breach saw no impact.

more-on-the-disappearing-perimiter

Kim Cameron on the disappearing Perimeter:

The perimeter of the enterprise is dissolving in an environment requiring greater collaboration, oursourcing and integration with both suppliers and customers.

zone-h-attack-really-a-dns-hijacking

According to the Register the recent 'defacement' of Zone-H was really a DNS hijacking. While it is not clear how the attackers took control of the domain, it points out the DNS system is not a reliable security mechanism. It is less likely that an attacker would get contorl of a major financial institution's DNS registration (or is it?), but DNS-cache poisoning is very likely.

wsj-on-rfid-smashers

There is a front-page article in today's WSJ about people smashing their RFID-enabled credit cards due to security concerns. Subscription required, sorry.

two-factor-for-the-cloud

I'm back from my many summer travels and hope to have some time to do some posting. However, some new customers are keeping us a bit busy, so don't get your hopes up. Not that you would.

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