Showing posts with label Data Hacking. Show all posts
Showing posts with label Data Hacking. Show all posts

Wednesday, September 16, 2015

Strategizing On Shifting Left Security In The SDLC


#SridharPeddisetty #InformationSecurity #Security #Strategy #Social #Mobile #Analytics #Cloud #IoT #SMAC
“If you think technology can solve your security problems, then you don’t understand the problems and you don’t understand the technology.” – Bruce Schneier

Introduction

Most of the Organizations still continue to have a reactive approach towards information security. In my earlier blog post 7 Reasons No Company Can Afford To Ignore Security, I had shared why Organization’s can no longer afford to ignore security and in 6 Steps Strategizing Security In An Organization shared on how to strategize security in 6 steps. Its important for organizations to have a proactive security strategy and have a shift left practice in software development lifecycle (SDLC) to focus on security right from the initiation state of a project. Integrating security in the SDLC helps in the accountability and increased communication with all stakeholders involved in the process to ensure the project is incorporating security policies while following the security guidelines

Why shift left security in the SDLC?

In the traditional SDLCsecurity strategy is always reactive in which the security testing is done at the end of development phase. If any security issues are found then, it becomes expensive to resolve and more often than not, due to time or financial constraints, quick patches are done or short term mitigations are put in place before releasing the software into production. More often than not, short term mitigations or patches result in costly expenses for maintaining security as the cost of operations are high. According to the study done by Cigital, cost of finding issues early during SDLC development phase results in upwards of 1165% savings when compared to finding issues during maintenance phase of SDLC.  

Strategizing on shifting left security in the SDLC 

Below is how we can strategize security by shifting it left in the SDLC. Incorporating security in each phase of SDLC helps an organization be more proactive in implementing a highly secured software. Moreover, overall costs are reduced as the security issues are found early in the development lifecycle. Security governance model established in the initiation phase helps define the security gates, policies, roles & responsibilities, timing of review, sign off process, etc. in each phase which governs security throughout the SDLC. Note that the Security Trainingis a continuous process throughout the SDLC so that the teams are constantly aware of security policies, protocols, tools, etc.

Summary

By shifting security left in the Software Development Lifecycle (SDLC), it helps in building more secured software and addresses the security compliance requirements while reducing overall cost. 
I will be sharing more inputs on Information Security including how to align Secured Software Development Lifecycle (SDLC) using Agile or Waterfall methodology and how security can be trained, initiated, planned, analyzed, designed, implemented and maintained. Meanwhile let us know if you have any questions or comments. For any questions, please reach out to me at sri_ped@yahoo.com
Strategizing On Shifting Left Security In The SDLC was originally posted under Prokarma Blog 

Tuesday, September 15, 2015

6 Steps Strategizing Security In An Organization



#SridharPeddisetty #InformationSecurity #Security #Social #Mobile #Analytics #Cloud #IoT #SMAC

"Securing an environment of Windows platforms from abuse - external or internal - is akin to trying to install sprinklers in a fireworks factory where smoking on the job is permitted." — Gene Spafford (in e-mail to organizers of a workshop on insider misuse)

Introduction

For any organization, security is the collection of technologies, standards, policies, regulations and management practices that are applied to systems and respective data points to keep them secured. In my earlier blog post 7 Reasons No Company Can Afford To Ignore Security, I shared why organizations can no longer afford to ignore security. It's important for organizations to have a proactive security strategy in place for reasons inclusive of:
  • Present business operations of an organization increasingly vulnerable to risk,
  • Security threats from mobile & web interactions with corporate systems,
  • Ever-expanding regulations, and
  • International access points requiring organizations to be complaint with regulations and law of the land

  6 Steps Strategizing Security In The Organization


I will be sharing more inputs on Information Security including how to align Secured Software Development Lifecycle (SDLC) using Agile or Waterfall methodology and how security can be trained, initiated, planned, analyzed, designed, implemented and maintained. Meanwhile let us know if you have any questions or comments. For any questions, please reach out to me at sri_ped@yahoo.com.

Wednesday, September 9, 2015

7 Reasons No Company Can Afford To Ignore Security


#SridharPeddisetty #InformationSecurity #Security #Social #Mobile #Analytics #Cloud #IoT #SMAC
"It used to be expensive to make things public and cheap to make them private. Now it’s expensive to make things private and cheap to make them public." — Clay Shirky
Today, technology is becoming core for any business and companies that are becoming more dependent on their information systems, with threats to public and personal data increasingly more real. To have an edge over their competition and with companies investing heavily on SMAC (Social, Mobile, Analytics & Cloud) and Internet of Things (IoT), they are exposing their business to new forms of information security risks. More often than not, companies have a very reactive approach to security in which there is minimal security strategy in place if none at all.
The following 7 reasons are important to understand and know that no company can afford to ignore security in today’s changing landscape of disruptive innovation with technologies and processes.
#1. Financial losses: Security breaches can lead to business interruptions, which directly impacts the financials of a company. An attack that leads to downtime for a data center can cost businesses nearly $8,000 per minute. Considering that the average downtime for each incident is almost 1.5 hours, companies stand to lose almost $700,000 due to downtime.
#2. Intellectual property theft: Even though companies are becoming better at protecting themselves from an outside threat, the view is that theft of intellectual property more often happens intentionally or inadvertently by the existing employees. Social media is the biggest medium through which free-flowing data leakage could happen. Phishing scams, whereby attackers try to elicit information from individuals, pose a significant threat as well.
#3. Damage to the reputation: In today’s world, reputation risk ranks among companies’ top strategic risks, and security is one of the primary drivers of reputation risk. According to The Reputational Impact of IT Risk

  • 46% of organisations suffered damage to their brand reputation and value, as a result of a security breach and
  • 19% of organisations suffered damage to their brand reputation and value, as a result of a third-party security breach.

#4. Fraud: General perception is that fraud happens mainly in banking and online retail shopping but the fact remains that all companies are vulnerable to fraud. Almost all companies use systems for online transactions, which are always vulnerable for attacks where hackers do major fraud. Unfortunately, today there is less protection for recovery of stolen funds under the law for businesses than for consumers, which makes companies more prone. 
#5. Extortion: Number of extortion cases are on the rise with extortionist groups threatening companies that their web sites would face a distributed denial-of-service (DDoS) attack if they do not pay ransom. Recent Ashley Madison data breach is an example of how a company can be extorted and the irreversible damage it could cause to the company and its stakeholders. 
#6. Loss of shareholder value: Highly publicized data breaches at Sony PicturesAnthem InsuranceAshley Madison and other major businesses continue to put loss of shareholder value at high risk. Ashley Madison CEO quit after the data breach, which caused a major loss of shareholder value. 
#7. Legal Implications through lawsuits: In recent times, companies have experienced possible damages due to lawsuits from security breaches and the overall loss of customers. The average cost for a legal defense stands at half a million dollars, while the average cost of a settlement reaches seven figures at one million dollars. Again Ashley Madison is a good example of the legal implications affecting the company. 
Let us not look back in anger or forward in fear, but around in awareness— James Thurber
I will be sharing more information on Security including how to strategize and plan for Security, Risk and Compliance. Also sharing how to align Secured Software Development Lifecycle (SDLC) using Agile or Waterfall methodology and how security can be trained, initiated, planned, analyzed, designed, implemented and maintained. Meanwhile let me know if you have any questions or comments. For any questions, please reach out to me at sri_ped@yahoo.com 
7 Reasons No Company Can Afford To Ignore Security was originally posted under Prokarma Blog on Sep 8th 2015