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The WiKID Blog

Viewing posts from January, 2009

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.

when-the-cone-of-silence-isnt

MSNBC has the a story:

MOSCOW - Intentionally or not, the Russians fed out audio of Thursday’s closed lunch meeting between Secretary of State Condoleezza Rice and Russian Foreign Minister Sergey Lavrov, revealing a fractious exchange over the wording of an official Group of Eight statement on Iraq.

15-percent-of-corporate-pcs-have-keystroke-loggers

According to David Aucsmith, architect and CTO, Security Business & Technology Unit at Microsoft, 15% of corporate PCs have key stroke loggers.

banks-thinking-strategically-about-security

Bank Lawyer's Blog has an interesting post about an American Banker editorial (apparently not available online) about the new FFIEC guidelines for stronger authentication for online banking.

congrats-to-obs

One of our OEM partners is really on a roll. Online Banking Solutions announced deals this week with Bank of Hawaii and First Tennessee . Keep it up!

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