Skip to main content

Got Identities?

Brian Krebs has written a few articles recently focusing on how bad identitiy theft and credit card fraud really is. There are 2 facts that I find really hard to ignore, which are also really infuriating. The first is that according to Symantec, the majority of the Credit Card trafficking is being done on servers located inside the USA. So what happened to that Patriot act? Why are these criminals allowed to continue doing this, when clearly the FBI has the power to stop it. I know the logic they are using is that they are going after the kingpins and not the small fish, which makes sense. Except that tens of thousands of US citizens are getting thier lives destroyed in the process. And even though they may take down a kingpin one day, another one pops up the next. So eitherway, US citizens are getting screwed. The second problem I have is that we are infact subsidizing our own credit cards getting stolen. The Credit Card industry on a whole acknowledges fraud as an acceptable loss and simple passes on the costs to the customer. They even go so far as to sell us identity theft protection. That is completely ridiculous. Here's a novel idea, how about you make your product secure before selling it to the American public.

Read the Story HERE

Comments

Popular posts from this blog

SANS Cyber Threat Intelligence Summit 2013

     I recently attended the first SANS CTI Summit in Washington DC. While there was plenty of brain power in the room, and good discussions were to be had, overall it was just ok. There was a big focus on what CTI is and why you should be doing it, or at least consuming it. There wasn't enough discussion, aside from one talk, on how you should be doing it. It basically reinforced my beliefs that this is still very much a small, closed off club of insiders, where nobody is sharing tradecraft. I love that SANS is getting involved in this space though, and it sounds like Mike Cloppert will be writing a SANS course on Threat Intelligence in the future. I would very much be interested in that and I expect it would sell out quickly.      Mike Cloppert opened the day by discussing the old vulnerability centric approach focused on reducing attack surface as opposed to the new threat centric model focused on reducing the risk of the actual threats affecting your ...

2020 SANS CTI Summit Notes

Unfortunately due to some back surgery I was not able to attend the SANS CTI summit this year, however I always try to take advantage of the great content SANS makes available. To help me out in synthesizing the information, I combined the context provided by those that were live tweeting which is useful when reviewing the slide decks. Hope you find this useful and well done @rickholland , @PDXbek , and @likethecoins , another great year of great content! Day 1 Secret Squirrels and Flashlights: Legal Risks and Threat Intelligence https://www.sans.org/cyber-security-summit/archives/file/summit-archive-1579535253.pdf @CristinGoodwin Assistant General Counsel for Customer Security and Trust, Microsoft Boundaries and strategies to help analysts identify and manage legal risks while hunting, investigating, and responding "Have a principled approach to sharing, so when the crisis comes you don’t have to panic.” "What we call common in #threatinel sharing is what a l...

The Growing Divide: InfoSec Practitioners vs. Climbers

The Problem In our current age, where sound bytes, marketing reports, and short term quarterly focus rule the day, it’s getting tougher for the average corporate IT Security team to sort through the useless noise. One line of thought, which is particularly misguided and out of touch, is the belief that IT Security needs to be a “partner with the business”. What does that mean anyway? If you ask a dozen CISOs, you will likely get many different answers none of which the adversary would care about. Despite that, it has been the rallying cry for the types of vendors and consultants that focus on manipulating the C-suite to further their interests. What follows, will explain in detail why this concept is diverting IT Security from its true purpose of protecting the business in a narcissistic attempt to make heroes (aka promotions, bonuses, etc) out of paper IT Security leaders (aka PISOs) The Reality First things first, I’m a realist ™ . There are both positive and negative c...