Posts Tagged With ‘White Paper’


EC-Council Forewarns Organizations About the Dangers of Phishing Attacks as Cybercriminals Move to More Concentrated Hacking Methods

New research shows that cyber criminals are moving away from mass spam attacks and focusing on more targeted hacking techniques. The most common of these methods is phishing. EC-Council has released a comprehensive guide on steps organizations can take to prevent disastrous security breaches.
February 13, 2012, Albuquerque, NM- Recent research shows that cybercriminals have moved from large mass spam attacks to more targeted techniques. One of the most common of these attacks is phishing, an attempt by cybercriminals and identity thieves to obtain sensitive information by masquerading as a legitimate and trustworthy source.

In order to keep organizations’ information secure, it is crucial for Information Assurance leaders to understand the two types of phishing methods: spear phishing and whaling, and the devastating risks they carry. Spear phishing is the most commonly used phishing method. Experts cite the amount of money generated as the reason for the switch to more concentrated attacks.

According to recent research conducted by Cisco, “Spear phishing attacks have proven to be both highly dangerous to victims and immensely valuable to cyber criminals. A vastly customized phishing attack can net 10 times the profit of a mass attack.” Cisco estimates the annual global cost of targeted attacks to organizations is $1.29 billion.

Sameer Shelke, IT Services and Risk Management Leader, says “Tackling phishing attacks can be immensely challenging as phishing emails are usually very convincing and it is hard to distinguish them from genuine emails. Risk management and control mechanisms against such social engineering attacks need to be dynamic in order to keep up with evolving security risks.” Shelke goes on to say, “While upgrading to advanced security solutions is crucial, educating people about phishing is also equally important.”

 

EC-Council recently released a White Paper written by Shelke that explores differences between spear phishing and whaling and offers solutions to combat phishing attacks. To download Shelke’s White Paper “Shield Your Business – Combat Phishing Attacks”, please visit: https://www.eccouncil.org/ciso/resourcesTo be successful at combating these attacks, an organization needs to have strong leadership in place. An effective Chief Information Security Officer (CISO) will lead a high performing information security (IS) program that protects against cyber crime and security breaches. EC-Council created the Global CISO Executive Summit Series to unite the IS leaders across the world in the fight against cyber crime. The CISO Executive Summits provide a platform for continuous learning where the most recent infosec threats and landscape evolution can be discussed.

 

EC-Council is committed to providing Information Assurance Executive Professionals with the latest Information Security news and trends from the industry’s leading experts If this White Paper is of interest, it is encouraged to also look into EC-Council’s Certified Chief Information Security Officer (C|CISO) Certification and EC-Council’s CISO Executive Summit Series. To view the full report from the CISO Executive Summit, please go to this link. If you would like to attend or speak at upcoming CISO Executive Summits and would like to receive more information, please click here.

Contact:

Marissa Easter – Marketing Communications Specialist (marissa.easter@eccouncil.org)

 

About EC-Council’s Chief Information Security Officer (C|CISO) Certification:

C|CISO is the first certification of its kind to equip Information Assurance leaders with the most effective toolset to defend organizations from cyber attacks. It recognizes an individual’s accumulated skills in developing and executing an information security management strategy in alignment with organization goals. Applicants can take advantage of the Grandfather Provision until September 2012. The Grandfather Provision is open to highly-skilled and experienced professionals who can demonstrate and prove proficiency in the 5 C|CISO domains. For more information about C|CISO, please visit: http://www.eccouncil.org/ciso

About EC-Council:

The International Council of E-Commerce Consultants (EC-Council) is a member-based organization that certifies individuals in cyber security and e-commerce. It is the owner and developer of 20 security certifications, including Certified Ethical Hacker (CEH), Computer Hacking Forensics Investigator (CHFI), Certified Security Analyst /Licensed Penetration Tester (ECSA/LPT) and Certified Chief Information Security Officer (C|CISO). EC-Council has trained over 90,000 security professionals and certified more than 40,000 members. EC-Council’s certification programs are offered by over 450 training centers across 87 countries. These certifications are recognized worldwide and have received endorsements from various government agencies including the U.S. Department of Defense via DoD 8570.01-M, the Montgomery GI Bill, National Security Agency (NSA) and the Committee on National Security Systems (CNSS). EC-Council also operates EC-Council University and the global series of Hacker Halted information security conferences. For more information about EC-Council visit www.eccouncil.org, follow @ECCouncil on Twitter, LinkedIn or visit EC-Council’s Facebook page.


Research Proves Best Performing Companies Employ a CISO with a High-Performing Security Program

Research done by SC Magazine proves that organizations that have a Chief Information Security Officer (CISO) have higher profit margins, generate more revenue, and display increased productivity.

January 31, 2012, Albuquerque, NM- EC-Council has released a new white paper that gives comprehensive strategies to CISOs on leading a high-performing information security (IS) program. According to research done by SC Magazine, companies that have an active CISO role and high-performing security program generate more revenue, spend less money, are more productive, and have reduced risks. However, the complexities and challenges of the organization’s infrastructure create daily traps that distract IS teams from carrying out tactical and strategic functions.

An effective CISO and well-run information security program can save a company almost 10% of total revenue. SC Magazine’s “Want to Reduce IT Risk and Save Money? Hire a CISO” article cites that this saving in gross revenue is accredited to a decreased risk of data loss and theft. Further, the article cites that the most successful companies that employ a CISO to lead an effective IS program are 10 times less likely to experience costly security breaches.

 

Chief Information Security Officer Summit Todd Bell, Executive IT Security Advisor at ConnectTech, LLC., says “Today’s threat landscape requires CISOs to develop and implement a high-performing information security (IS) program. One of the biggest challenges is not letting the torrent of corporate issues interfere with the overall effectiveness of the IT security team.” Bell, a speaker at EC-Council’s CISO Executive Summit in December 2011, was inspired by his panel role in the “Implementing a High-Performing Information Security Program” discussion and developed a how-to-guide for CISOs on leading a high-performing IS program. To view the White Paper, please go to: http://goo.gl/pxmY5 “Simply put, CISOs contribute to better business results by ensuring security measures are fully implemented, standardizing and automating procedures, and by taking a strategic role with the organization to make information security a part of a business process.” Affirms Jim Hurley, managing director of Symantec’s IT Policy Compliance Group.

 

EC-Council is committed to providing Information Assurance Executive Professionals with the latest Information Security news and trends from the industry’s leading experts. Readers of this White Paper are also encouraged to look into EC-Council’s Certified Chief Information Security Officer (C|CISO) Certification and EC-Council’s CISO Executive Summit Series. To view the full report complete with key takeaways from the CISO Executive Summit or to attend or speak at upcoming CISO Executive Summits, please click here. If you would like to receive more information about EC-Council’s Chief Information Security Officer Certification program, please click here.

Contact:

Marissa Easter – Marketing Communications Specialist (marissa.easter@eccouncil.org)

About EC-Council’s Chief Information Security Officer (C|CISO) Certification:

C|CISO is the first certification of its kind to equip Information Assurance leaders with the most effective toolset to defend organizations from cyber attacks. It recognizes an individual’s accumulated skills in developing and executing an information security management strategy in alignment with organization goals. Applicants can take advantage of the Grandfather Provision until September 2012. The Grandfather Provision is open to highly-skilled and experienced professionals who can demonstrate and prove proficiency in the 5 C|CISO domains. For more information about C|CISO, please visit: http://www.eccouncil.org/ciso

About EC-Council:

The International Council of E-Commerce Consultants (EC-Council) is a member-based organization that certifies individuals in cyber security and e-commerce. It is the owner and developer of 20 security certifications, including Certified Ethical Hacker (CEH), Computer Hacking Forensics Investigator (CHFI), Certified Security Analyst /Licensed Penetration Tester (ECSA/LPT) and Certified Chief Information Security Officer (C|CISO). EC-Council has trained over 90,000 security professionals and certified more than 40,000 members. EC-Council’s certification programs are offered by over 450 training centers across 87 countries. These certifications are recognized worldwide and have received endorsements from various government agencies including the U.S. Department of Defense via DoD 8570.01-M, the Montgomery GI Bill, National Security Agency (NSA) and the Committee on National Security Systems (CNSS). EC-Council also operates EC-Council University and the global series of Hacker Halted information security conferences. For more information about EC-Council visit www.eccouncil.org, follow @ECCouncil on Twitter, LinkedIn or visit EC-Council’s Facebook page.


Changes in Economic Climate and Business Landscape Call for a New Strategic Business Development Process – Wargaming

Fewer resources and smaller budgets are motivating Chief Information Security Officers (CISOs) to transition from an operational executive into a strategic business partner. To excel in today’s evolving and complex business landscape, CISOs must look for a new strategic business development process, such as Business Wargaming. Wargaming will help provide a holistic view of prospective scenarios, create a proactive development plan and an improved reactive strategy.

January 27, 2012, Albuquerque, NM- Today EC-Council releases a new White Paper that introduces an alternative method to conventional CISO practices. As the business landscape becomes more complex and adjusts to stricter policies, increased competition, budgets cuts and limited resources those in the Chief Information Security Officer (CISO) position must develop a strategy that will accommodate and meet the needs of the organization. Business wargaming will help the CISO develop a plan where they can foresee future challenges, predict the moves of their competitors and stay ahead of prospective obstacles.

Nitin Kumar, global executive and managing consultant, published a White Paper “Wargaming for CISOs” in EC-Council’s CISO Series of White Papers, he stresses, “To excel in this new business landscape, CISOs need to look at a new strategy development process which will help making decisions realistic at a minimal risk and achieve full strategic and operational alignment.” To read the white paper, please visit: http://goo.gl/XQPFa

In this White Paper, Nitin Kumar reviews the shortcomings of the conventional CISO strategy and guides the reader through the development of the wargaming strategy by examining wargame types, levels and execution. He suggests ideal circumstances for wargaming and highlights benefits of using this strategy. The White Paper includes tactics that will help the CISO manage the challenges and high demands that come with the role.

Business wargaming adapts the art of simulating moves and counter-moves in a commercial setting. Business war games are a relatively recent development, but they are growing rapidly, and the time has come for CISO organizations to adopt this technique in order to stay ahead of the game.

The CISO position has been around for less than a decade. In that time it has evolved dramatically. Neira Jones, head of payment security for Barclaycard, said in the article “How the Role of the CISO Must Evolve to Balance Risk and Business”, due to the changing business landscape, “The CISO needs to evolve from an isolated subject matter expert and analyst to a trusted advisor on how technology can improve business; to an integrated business thinker, facilitator, leader, evangelist and educator.”

Business Wargaming will help executives develop plans that meet their strategic goals, create competitive advantage, and elevate the pressure felt by the complex and ever-changing nature of today’s business landscape.
EC-Council is committed to providing Information Assurance Executive Professionals with the latest Information Security news and trends from the industry’s leading experts. If this White Paper is of interest, it is encouraged to also look into EC-Council’s Certified Chief Information Security Officer (C|CISO) Certification and EC-Council’s CISO Executive Summit Series.

Contact:

Marissa Easter – Marketing Communications Specialist (marissa.easter@eccouncil.org)

About EC-Council’s Chief Information Security Officer (C|CISO) Certification:

C|CISO is the first certification of its kind to equip Information Assurance leaders with the most effective toolset to defend organizations from cyber attacks. It recognizes an individual’s accumulated skills in developing and executing an information security management strategy in alignment with organization goals. Applicants can take advantage of the Grandfather Provision until September 2012. The Grandfather Provision is open to highly-skilled and experienced professionals who can demonstrate and prove proficiency in the 5 C|CISO domains. For more information about C|CISO, please visit: http://www.eccouncil.org/ciso

About EC-Council:

The International Council of E-Commerce Consultants (EC-Council) is a member-based organization that certifies individuals in cyber security and e-commerce. It is the owner and developer of 20 security certifications, including Certified Ethical Hacker (CEH), Computer Hacking Forensics Investigator (CHFI), Certified Security Analyst /Licensed Penetration Tester certification and Certified Chief Information Security Officer (C|CISO). EC-Council has trained over 90,000 security professionals and certified more than 40,000 members. EC-Council’s certification programs are offered by over 450 training centers across 87 countries. These certifications are recognized worldwide and have received endorsements from various government agencies including the U.S. Department of Defense via DoD 8570.01-M, the Montgomery GI Bill, National Security Agency (NSA) and the Committee on National Security Systems (CNSS). EC-Council also operates EC-Council University and the global series of Hacker Halted information security conferences. For more information about EC-Council visit www.eccouncil.org, follow @ECCouncil on Twitter, LinkedIn or visit EC-Council’s Facebook page.