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The WiKID Blog

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

etrade-to-offer-zero-liability-accounts

Kudos to ETrade for offering a "zero liability" account. I suspect this is an attempt to foil my prediction that brokerage accounts will be increasingly targeted by phishers. (Though, to be honest, they were getting off to a good start in Q4.)

Brokerage accounts are tempting. Most people (if they have brokerage accounts) have more in their stock accounts than in their bank account or savings. It's probably harder to determine if a payment leaving the account is fraudulent. With bank accounts, phishers target a larger number of users for smaller dollars amounts. With brokerage accounts, phishers aim for bigger dollars. From the BusinessWeek article:

determining-an-appropriate-cost-of-capital-for-an

In my first post, I discussed the short-comings of ROI as an analysis tool for information security projects because it doesn't include a cost of capital. Using a cap rate will increase the accuracy of your analysis, but how do you come up with a good cap rate?

FTC-alledges-fraud-at-payment-processor-Interbillpay.com

Courtesy InfoWorld

on-the-short-tenure-of-cisos-and-low-frequency

I came across this post which pointed to this article on how to hedge funds can write a series of naked puts on low-probability events and look like geniuses. I have equated this to the information security market before and I have pointed out other posts about low-frequency, high-impact events.

repurcussions-of-data-loss-at-ohio-university

It's a long standing joke that no matter where you move, your alumni association can find you. That may change after OU's experience with their data breaches as chronicled here. Of course, they use your Social Security Number to track you down.

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