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The WiKID Blog

Viewing posts from January, 2009

more-on-online-brokerage-fraud

The Washington Post has an article today about the the increase in online brokerage fraud.

E-Trade Financial Corp., the nation's fourth-largest online broker, said last week that "concerted rings" in Eastern Europe and Thailand caused their customers $18 million in losses in the third quarter alone.
To put that into perspective, E-Trade earned $128.1 million on revenue of $488.7 in their fiscal fourth quarter.

more-on-pci-security-random-pen-testing

In thinking a bit more about PCI security since my post on PCI visibility. I think what Visa and Mastercard need to do is to hire independent 3rd party penetration testers to pen test merchants and processors.

The PCI Three are making a big switch in September, when they will start fining acquiring banks non-compliant merchants. However, there are two problems with the auditing procedures: Auditors are paid by the companies they are auditing and audits are static snapshots. I'm not insinuating anything here about the ethics of PCI auditors, just pointing out the agency conflict and that a company might get compliant for an audit, then lapse out of compliance.

more-on-targeted-phishing-attacks

A nice round up of article over at Infoworld, which links to a Washington Post article on virtual credit cards.

more-on-teleworking-and-disaster-preparedness

Echoing my last post, GovExec.com points out that federal plans for telework during disasters are sadly lacking.

The ability of federal agencies to continue critical operations during large-scale emergency situations would be significantly enhanced with widespread use of telework, but few have made the necessary preparations, officials told a congressional panel Thursday.

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.

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