White-Hat Malware

April 29, 2015 | Leave a Comment

By Chris Hines, Product Marketing Manager, Bitglass

white-hat-malwareAs many of you know, we recently released the results of the first ever data tracking experiment in the Dark Web. In the “Where’s Your Data?“ experiment, we used our patent-pending watermarking technology to embed invisible trackers within an excel spreadsheet of 1,568 fakes names, SSNs and credit card numbers. We then placed this spreadsheet in 8 locations within the Dark Web, and tracked where it travelled to and how fast it could spread. 12 days, 1,100 clicks, 47 downloads, 22 countries and 5 continents later we had our answer.

In speaking with a few attendees at the RSA conference, it became clear that some folks viewed the experiment as malware (a typical response from some of security’s more apprehensive bunch). A typical question was, “so you essentially used malware against them?”

I thought it was pretty funny, laughing as I explained more about the experiment to them, because they did have a fair point. If you really think about it, the watermark can be considered “malware-esque.” In actuality, it’s a tool built to provide enterprises with visibility into where corporate data is travelling, so that they can act accordingly. Embedding hidden sprinkles within documents, and then extracting data as a result of it (in this case user, device type, location, time) does strike an uncanny resemblance though. I guess you can call it white-hat hacking.

Today’s security world reminds me of the classic fantasy tales, where it seems like the bad guys always have the better gear (think Star Wars, Lord of The Rings, Fast and the Furious 7). Way cooler, way faster, way stronger, but the good guys always prevail. This watermark technology helps even the playing field a bit, giving the good guys a pretty badass weapon to fight back against the hackers and cyber criminals.

And you know what? The industry deserves this. Too long have companies feared moving to the cloud. Too long have breaches gone unnoticed, affecting millions of customers in the process. It’s not fair to the people whose data has been lost. Today 53% of breaches are the result of malware. It’s about time we start shrinking that number considerably.

As securers our job is to be a modern day blacksmith, forging technology that enterprises can use to protect themselves from the crooks. Happy to be working for a company that gets that.

 

Banking on the Cloud: How to Enable File Sharing in Financial Services

April 27, 2015 | Leave a Comment

By Chau Mai, Sr. Product Marketing Manager, Skyhigh Networks

Skyscraper FinServ blogAccording to Gartner, CISOs face a “double-edged sword” as they are tasked with combating the growth of shadow IT while enabling secure access to approved cloud services. Cloud file sharing and collaboration services can be an area of risk as industries must remain vigilant about protecting their IP, ensuring regulatory compliance, and meeting data residency requirements. Today, we’ll take a look at cloud file sharing and collaboration for one industry in particular, Financial Services, which is subject to regulatory requirements including GLB, PCI DSS, and state and national privacy laws.


What specific challenges do Financial Services firms face?
Whether you’re a bank, an insurance company, or an investment advisory firm, sending your confidential information up to a cloud file sharing services comes with a unique set of concerns:

  1. External collaboration governance, i.e. control over how sensitive files shared outside the company
  2. Compromised accounts and data theft from insiders
  3. Content and compliance, i.e. ensuring that sensitive files that are subject to compliance do not leak out of the organization
  4. BYOX and content proliferation, i.e. the rise of mobile and the growth in content being accessed from anywhere and from any device

Across all cloud service categories, file sharing accounts for 39% of all company data that’s uploaded to the cloud – and the average company uses 49 such services. Among file sharing users, 34% have uploaded sensitive information to one of these services, information that includes personally identifiable information (PII), payment card information, or other sensitive data that financial services firms own. What’s more, 21% of documents uploaded to file-sharing services contain sensitive or confidential data – not a trivial amount. Lastly, the sharing of information is occurring outside the company itself. Skyhigh found that 18% of external collaboration requests actually went to third-party email addresses (e.g. Gmail, Hotmail, and Yahoo! Mail). File sharing enables collaboration, which is a good thing, but when sharing is extended to un-verified personal accounts it can create risk for the organization.

How can firms safeguard themselves?
Fortunately, there are a host of cloud file-sharing providers who are dedicated to ensuring that your data is safely housed within them. Box, for example, provides security features to help you configure permissions and privileges, set custom security policies, and track activity that occurs in Box.  They are one of the rare cloud file sharing and collaboration providers that do all three of the following:  provide granular access controls, encrypt data at rest, and support multi-factor authentication.

Looking at the market as a whole, we see that only a fraction of cloud file sharing providers provide these key security features:

  • Provide granular access controls – 53%
  • Encrypt data at rest – 36%
  • Use encryption strength 256-bit or higher – 22%
  • Support multi-factor authentication – 16%
  • Penetration testing performed by the cloud service provider – 36%
  • Compliance certifications (such as ISO 27001, SOC2, etc) earned by the cloud service provider – 64%

When we compare all file-sharing services against those providers who specifically have an Enterprise offering, the differences are even more telling. The data shows that a higher percentage of providers with an Enterprise file sharing offer support for all of the security features mentioned above (for example, 46% support encryption at rest, vs. 36% for all cloud file sharing services). Improvements were found in other areas as well; for example, the percentage who supported anonymous use – which is seen as adding risk – dropped from 18% to 6%. From these data points, we can see that companies who sell to large enterprise have an interest in fulfilling the more stringent security and compliance requirements that those customers want.

In addition to the cloud providers themselves, end-users play a key role. We know that most employees who use cloud file sharing services are well-meaning users who simply need to be educated on what’s appropriate and what’s not. (My previous post outlines how just-in-time coaching can reduce your firm’s use of high-risk by 65%).

Gartner’s guidance
Gartner suggests that companies with stringent security and compliance requirements consider a Cloud Access Security Broker (CASB) to augment the native security capabilities of cloud file sharing and collaboration services.  According to Gartner, a CASB should provide visibility, threat detection, compliance, and data security capabilities. If you’d like to learn more, Gartner has published a set of recommendations for organizations interested in mitigating the risks of moving to file-sharing services while reaping the benefits.

Compromised Accounts and Cloud Activity

April 23, 2015 | Leave a Comment

By Krishna Narayanaswamy, Founder and Chief Scientist, Netskope

2015-04-Netskope-comp-credentialsLast week, we released our Netskope Cloud Report for this quarter – global as well as Europe, Middle East and Africa versions.

This report builds on our January Netskope Cloud Report in which we highlighted research on compromised user accounts. In it, we estimated based on our research that 15 percent of enterprise users have had their credentials stolen in a prior data breach. This quarter, we report that that number is 13.6 percent over the report’s time period. We also correlate that data with the active usage data in our cloud. When you marry activity-level security analytics with data on compromised accounts, the risk picture becomes significantly more clear.

Among the more interesting findings from the report is that 23.6 percent of logins to Customer Relationship Management apps are by users who have had their account credentials (personal or corporate) compromised in a prior major data breach. While many IT and security organizations ensure that these important corporate apps are monitored and secured with an identity management solution, it’s an important reminder that users re-use logins and passwords across multiple accounts. It’s also important to note that for every one of these types of corporate apps, there can be dozens of ecosystem apps connected to it. So even if an app is well-secured, what about the apps that integrate with it?

Another key finding is that 70 percent of data uploads by users with compromised accounts are to apps that are rated “poor,” as compared with 30 percent for an average user. Monitoring cloud activity at the intersection of compromised users and risky apps goes a long way toward understanding security threats related to cloud apps – uploads to risky apps could signal data exfiltration, downloads could be malware, excessive activity could be a hijacked account. Looking at these pockets of activity can help you suss problems out quickly.

These are just a couple of examples to show the importance of understanding not just how many users with compromised accounts you have in your environment, but also how those users are interacting with your cloud apps and business-critical data.

 

 

The Cloud Economy: 11 Essential Trends About How Companies Connect to Each Other Via the Cloud

April 21, 2015 | Leave a Comment

By Kamal Shah, VP, Products and Marketing at Skyhigh Networks

cloud economy imageThe cloud is having a measurable impact on business – IT departments are migrating to cloud services in order to take advantage of faster time-to-market, reduced operational costs, and reduced IT spending and maintenance costs. In addition, employees are rapidly adopting cloud services to help them do their jobs with greater mobility. Productivity is soaring, and this interconnectivity has given rise to a new economy: the cloud economy.

The seventh installment of our quarterly Cloud Adoption and Risk (CAR) Report presents a hard data-based analysis of enterprise cloud usage. With cloud usage data from over 17 million enterprise employees spanning all major verticals, this report is the industry’s most comprehensive and authoritative source of information on how employees are using cloud services. And, this latest edition expands its scope to include the risk to enterprises from business partners connected through the cloud.

You can download the full report here. In addition to popular recurring features such as the Top 20 Enterprise Cloud Services and the Ten Fastest-Growing Applications, the latest report contains several eye-opening findings including the extent of cyber risk from partner connections. View the slideshow below for more highlights from the report.

The Cloud Economy: 11 Essential Trends About How Companies Connect to Each Other Via the Cloud from Skyhigh Networks Cloud Security Software


8% of Partners Are High-Risk, but Receive 30% of Data
A number of attributes can classify a partner as high-risk, including being affected by malware of botnets, having compromised identities for sale on the darknet, suffering from a breach, or being exposed to vulnerabilities such as POODLE. High-risk partners receive 30% of all data shared with partners — a disproportionately large amount.

58 “Super Partners” Are Connected to Over 50% of Enterprises
Many partners are well connected among the largest organizations, meaning a vulnerability within a single partner could have far-reaching consequences. The risk of these super partners is higher than overall rate, with 12.5% considered high-risk. Top super partners include pest control, IT services, software, equipment manufacturing, hospitality, and consulting companies.

One Partner Has Over 9,000 Compromised Identities and 200 Devices with Malware
The report gives the risk attributes for several example partners. One airline had 9,716 credentials for sale on the darknet and 209 devices infected with malware. A financial services technology provider had 1,216 compromised identities across 19 darknet sites. An advertising agency had 1,565 compromised identities for sale across 29 darknet sites. All three partners are still vulnerable to POODLE.

Enablers of the Cloud Economy
Certain cloud services stand out as hyper-connectors, enabling the most partner connections. The top cloud connectors in the customer support category are Zendesk, Salesforce, and GrooveHQ. For file sharing, Sharefile, Box, and Wiredrive are the top connectors. In the collaboration category, the top connectors are Cisco WebEx, Slack, and Office 365.

Highest Risk Partner Categories
Not all partner categories are equal when it comes to risk. Telecommunications companies had the highest percentage of high-risk businesses, at 30% — double the rate of the tenth highest-risk category, Travel. Security teams should pay special attention to interactions with partners falling into the categories on this list.

The Cloud Guide to RSA

April 10, 2015 | Leave a Comment

By Sam Bleiberg, Communications Associate, SkyHigh Networks

Evening_Crossing_Bay_Bridge_San_Francisco_CaliforniaSan Francisco hosts more than its share of conferences and festivals, and residents know the best way to maximize your time at events is to go in with a plan. With that in mind, we created a Skyhigh guide to RSA. Planning your agenda from the laundry list of speaking sessions is overwhelming. The guide specifically highlights sessions on cloud security from a host of industry voices including analysts, enterprise practitioners, board members, and the founder of the Cloud Security Alliance. (Not signed up for RSA? Get in free with this code.)

Security Technologies
From Nonexistent to Gartner’s #1 Security Technology in Three Years: What’s a CASB?
Gartner analysts Neil MacDonald and Peter Firstbrook first called attention to the cloud access security broker (CASB) category in May of 2012. Two years later, Gartner named CASB the number one security technology for 2014. Cloud’s transformational power in the enterprise has driven the need for this layer of security, with features including visibility into shadow IT, data governance, and encryption. Learn why progressive organizations including Cisco, HP, Western Union, and Zurich Insurance rely on this tool within their security portfolios. Panel participants include some of the top names in enterprise security, as well as MacDonald himself as moderator.

Beware the Cloudpocolypse: A Panel on Security from Cloud Providers
While enterprise-ready cloud providers can be more secure than on-premise storage, the propagation of consumer cloud services in the enterprise and the lack of visibility into cloud use are leading down the path to a “cloudpocolypse.” With Cloud Security Alliance founder Jim Reavis moderating, this session should provide an excellent high-level introduction to the risk posed by line of business cloud adoption. Specifically, there should be an interesting debate on which security responsibilities reside with the cloud provider, security provider, and enterprise.

Cloud Threats to the Enterprise
Addressing the Cloud Security Challenge: A Practitioner’s Experience
Jim Routh, CISO at Aetna, is not only a forward-thinking security leader, he’s also an excellent speaker, and his talk at the Cloud Security Alliance Summit at RSA promises valuable insights from the practitioner’s perspective. Routh has taken a proactive approach to cloud visibility and security, making a point to cut the sensationalism out of security to focus on data-driven decisions.

Victims DON’T Have Their Heads in the Clouds: An Insider Threat Case Study
While Snowden made insider threat a top of mind issue for every security team, the reality is that small-scale insider threat incidents frequently fly under the radar. Cloud offers a dangerous vector for insider threat because organizations lack control for sanctioned and unsanctioned cloud services. Only 17% of companies reported an insider threat incident at their organization in the past year, but 85% of companies had cloud usage activity strongly indicative of insider threat. We highlighted six particularly nefarious tales of insider threat in the cloud; this panel should provide practitioners with useful tips for preventing cloud insider threat.

Something Awesome on Cloud and Containers
It’s a good rule of thumb to tune in whenever Rich Mogull talks cloud security. While the description is ambiguous, this talk featuring the Securosis founder is mandatory for those paying attention to the cutting edge of cloud security.

Six Degrees of Kevin Bacon: Securing the Security Supply Chain
The average organization connects with 1,555 partners through the cloud, with 30% of data shared going to high-risk partners. Despite being the source of high-profile breaches at organizations like Target, risk from the partner environment is underrepresented in security industry conversations. In the case of Target, a heating and cooling vendor served as the entry point for attackers. This session covers a key security vector – one that may lead to future breaches if not properly addressed. Review our Q1 Cloud Adoption and Risk Report for key risk metrics from partner cloud connections.

Catered to the C-Level
Inside the Boardroom: How Boards Manage Cybersecurity and Risk
Cloud use and security have risen hand in hand, from lines of business, to the IT department, to the CIO and CISO. In 2014, security finally arrived in the boardroom with multiple CEOs losing their jobs in response to data breaches. This panel offers multiple perspectives, including those of a board member and a CISO.

Security Metrics That Your Board Actually Cares About!
Further to the topic, Australia Post CISO Troy Braban will share tips from his experience on selecting security metrics that resonate with the board. With Australia’s strict data residency regulations, Braban’s perspective should have great insights for security practitioners at global organizations.

 

 

 

 

The Bitglass “Where’s Your Data?” Experiment

April 7, 2015 | Leave a Comment

By Chris Hines, Product Marketing Manager, Bitglass

Bitglass_Wheres_Your_Data_thumbnail783. That’s the total number of reported breaches involving stolen data that occured in 2014 alone.

When the story first broke about the Morgan Stanley breach, where an ex-employee stole corporate data and pasted it on a file-sharing site called Pastebin, it got us thinking. We all hear about these massive breaches that take place–Target, Home Depot, Sony, Anthem, Premera–but what actually happens to the data after it is stolen? Where does it travel to? How many people see it, and how much damage can it cause?

In an effort to find the answers to these questions, we decided to launch the world’s first data tracking experiment located in the Dark Web. So, what did we do? We created an excel spreadsheet of 1,568 fake employee credentials, then placed it on anonymous file sharing sites within the “Dark Web,” using a Tor browser as our entry point. We tracked the data as it travelled to various sinister locations around the world, and as it was shared amongst cyber-crime syndicates overseas. But how?

Here at Bitglass we have developed the first watermarking security solution on the planet. The patent-pending tracking technology works like this.

  1. Document travels through Bitglass proxy when downloaded from a cloud  or on prem application and  down to a mobile device.
  2. When this occurs, the document is automatically embedded with an invisibe watermark.
  3. Every time the document is opened, a “ping” is sent to the Bitglass portal displaying: user name,  file name, geographic location, IP address and device type.
  4. Even if a watermarked document is copied and pasted elsewhere,  or mutilated in some way, the watermarks still persist.

What we found from this experiment will change the way that our industry views data security today, and shine a light on the need for greater visibility into where sensitive data travels. Especially after a breach.

Who’s keeping tabs on your data?

Watch the video and download the report to see what we uncovered.

 

Top 3 Reasons Enterprises Hesitate to Adopt the Cloud

April 2, 2015 | Leave a Comment

By Stephanie Bailey, Senior Director/Product Marketing, Perspecsys

Security-12_lowresDespite the clear benefits of the cloud, many enterprises still hesitate to fully adopt or capitalize on all the advantages. There are a few key reasons for hesitation, including the prevalence of data breaches and hacks in recent years, stricter data residency requirements across geographical boundaries and internal restrictions brought about by company policies or industry requirements – and consumers. Each of these causes for delaying full adoption of the cloud is a consideration that requires a deeper look into potential strategies to diminish or remove possible risk to the enterprise.

 

Rise in Breaches & Hacking
In recent years, reports of data breaches across all types of industries and company size seem to occur on a regular basis. A recent PwC survey found that the number of security incidents detected in 2014 was 42.8 million, equaling an annual increase of 48%, with an average cost of $2.8 million dollars [i]. Of course many breaches go undetected or unreported so that number along with financial losses could be much higher. It’s no wonder that these reports cause some organizations to slow down and reevaluate their move to the cloud.

All of this means enterprises must contend with two separate security issues – external and internal. The external security issue means dealing with the loss of control associated with  sending sensitive or regulated data to a 3rd party cloud service provider (CSP) and having to trust that information is processed and stored in a secure and compliant way. The internal issue entails having to figure out how to properly establish and implement the proper security standards to protect data within the corporate firewall, especially focused on challenges such as the rising prevalence of “bring your own device” and mobile computing.

Geographic Residency Requirements
Cloud data privacy laws can vary greatly by country and region. Currently, the European Union, and Germany, in particular, has some of the strictest laws in the world – creating a more restrictive environment for enterprises. Various geographic data residency requirements prevent some enterprises from moving regulated data outside of the borders of the countries in which they operate. Maintaining strict security standards is an especially important issue for countries concerned with the collection of personally identifiable information (PII). Since a CSP may store data, including PII, in any number of data centers worldwide, this prohibits some enterprise from taking advantage of the cloud if they operate within some of these stricter geographic regions.  

Internal & Industry Requirements
There are also data privacy concerns driven by internal management and/or defined by external industry guidelines. An enterprise’s list of internal security requirement is often evaluated against published industry standards to ensure that sensitive information is adequately protected. These standards may be legally required by industry, government or again, geographic region. Many industries depend on the collection of PII to conduct daily business operations, serve customers and process payments and receipts and therefore have strict regulations about how and where this data may be stored and shared.

Cloud data privacy issues are also a key concern for individual consumers using an organization’s or business’ cloud application. With the proliferation of the Internet and cloud computing more PII is being shared online, making individuals vulnerable to security risk. Increasingly, savvy individuals want to know that the information being put in the cloud is adequately protected and secured by the organization.

Finally, many B2B enterprises find that their business contracts have specific stipulations associated with how their business customer’s data needs to be treated – especially if it is going to be processed in cloud-based 3rd party systems as part of the contractual service being provided. These contractual relationships can have severe penalties associated with data exposure, so enterprises need to take special steps to mitigate against any security risks.

How to Address These 3 Reasons for Hesitations
There is little doubt that proliferation of business-improving cloud applications will continue to increase in the coming years and provide business advantages to those that adopt. The question becomes how enterprises hesitating now can reevaluate and begin adopting popular cloud applications while adhering to the security demands they must meet. One option enterprises have choose is to forgo public cloud applications and develop a private cloud – a costlier option with less access to leading innovations in most cases. But there are other strategies for adopting popular public cloud applications without forgoing security requirements. It begins with a well architected security plan that includes implementing a strategy such as cloud encryption or tokenization that can protect data before sending it off-site to any public cloud applications.

One emerging strategy is to implement solutions in a technology category known as Cloud Access Security Brokers (CASBs). With CASBs, organizations have a hosted or on-premise control point for all data as it moves to the cloud. Gartner recently published a report that discussed the growing use of CASB to enforce core security policies for data moving to the cloud – stating CASBs “will become an essential component of SaaS deployments by 2017”. [ii] Forrester’s recent Market Overview on Cloud Data Protection Solutions (CDP) went so far as to say, “CDP Solutions Are a Mandatory Security Control.”[iii] This is a fast-paced space that will have a high impact on cloud computing going forward – particularly for those enterprises currently hesitating to fully adopt the cloud now.

[i] http://www.pwc.com/gx/en/consulting-services/information-security-survey/index.jhtml#
[ii] https://www.gartner.com/doc/2856117?srcId=1-2819006590&pcp=itg
[iii] https://www.forrester.com/Market+Overview+Cloud+Data+Protection+Solutions/fulltext/-/E-RES120911?objectid=RES120911&cmpid=mkt:ema:forrresearchalert