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The WiKID Blog

Viewing posts from January, 2009

customer-generated-content

Posted by: admin 15 years, 7 months ago

I'm extremely pleased with the recent customer growth we've had at WiKID. In particular, I'm pleased with the community that has developed, mostly on the #wikid IRC channel. While the PCI security requirements for merchants and payment processors continue to be a big driver for adoption of two-factor authentication, we see a great variety of deployment scenarios. We've tried to address the innumerable network configurations by writing what I think is a large number of how to add two-factor authentication to... whatever documents.

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hedge-fund-management-and-information-security

Posted by: admin 15 years, 7 months ago
Been a long time since I posted anything. I'm trying to get back into the swing.

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could-two-factor-authentication-have-saved-7

Posted by: admin 15 years, 7 months ago

Well, it is hard to say since there is still debate about whether the alleged rouge trader worked alone, but there are reports that using two-factor authentication might have it harder for him to make fake trades that appeared to offset losses.

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data-leakers-suffer-8-percent-drop-in-revenue

Posted by: admin 15 years, 7 months ago

Computer World has an article about a recent study by the IT Policy Compliance Group which offers some interesting data points:

  • Organisations that experience publicly reported data breaches suffer an 8% loss of revenue.
  • Compounding the revenue and customer losses are additional expenses averaging US$100 per lost or stolen customer record to notify customers and restore data.
  • Best-in-class organisations are monitoring and measuring controls and procedures to protect sensitive data once a week, while most firms are conducting such measurements only about once every 176 days.
The full report is only available to members, which is too bad. It would be nice to see how many data points they had, etc to compare it to other studies that have analyzed the economic impact of security breaches. If any body has mroe info, please post in the comments!

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spire-on-low-frequency-high-impact-events

Posted by: admin 15 years, 7 months ago
Compare this Spire Security post to my previous post about hedge fund risks to see who has the better sense of humor.

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