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How hackers used little-known credit-card feature to defraud Lansdale woman, $1.99 at a time
ByKayne
“It’s low effort for them. Once they set up the subscription and unless the subscription is canceled, they don’t have to do any other work and they can resell access to that subscription,” he said. “So it’s a guaranteed line of profit for them until somebody goes and notices there’s been a problem.”
Criminals typically resell access to the services on secondary markets, McGladrey said. Criminals may resell a streaming service that’s normally $10 per month for $5, netting the thieves $5 monthly. While a single crime is not that profitable, there have been cases where groups have reaped millions of dollars by charging small amounts to hundreds of thousands of consumers, he said.
How is Hybrid Cloud helping to accelerate innovation? Let’s count the ways.
ByKayne
“Hybrid cloud solutions can help organizations deploy cybersecurity solutions faster, without deploying additional infrastructure or spending staff hours on software and platform updates,” said Kayne McGladrey (@kaynemcgladrey), director of security and IT at Pensar Development. “This will help organizations to deploy innovative solutions rapidly such as deception technologies, which can reduce the ‘dwell time’ associated with breaches.”
Why and how CISOs should work with lawyers to address regulatory burdens
ByKayne
As the regulatory burden increases, organizations and CISOs are having to take ownership of cyber risk, but it needs to be seen through the lens of business risk, according to Kayne McGladrey, field CISO with Hyperproof. Cyber risk is no longer simply a technology risk. “The problem is, organizationally, companies have separated those two and have their business risk register and their cyber risk register, but that’s not the way the world works anymore,” says McGladrey.
He believes the Securities and Exchange Commission (SEC), the Federal Trade Commission, FTC and other regulators in the US are trying to promote collaboration among business leaders because cyber risks are functionally business risks. McGladrey thinks most CISOs understand this, but that doesn’t necessarily extend to the other leaders in the business. “Can we just please have one risk conversation with people and plan that out appropriately,” he says.
A lack of communications enables breaches and helps derail cybersecurity projects
ByKayne
When planning any migration or deployment of new technology, businesses should carefully consider the best way to communicate the intent and need of the new technology to those users affected by it, as well as to those who work in supporting roles. This article will examine the effects of communication (and lack thereof) on two different client projects.
Lack of cyber investment could spell trouble for smart cities: report
ByKayne
For smart cities, investing in cyber defense means being able to support a cyber workforce capable of supporting their IoT initiatives. “We’ve seen many failures with widespread deployment of IoT devices, whether due to insecure authentication methods, static passwords, or a lack of centralized and automated patch distribution. As city governments look to the future, they need to consider how they’ll attract a workforce capable of managing, securing, and monitoring millions of always-on devices,” said Kayne McGladrey, IEEE member and director of security and IT at Pensar Development. “This will be a hard sell for many cities, both due to the compensation requirements of the cybersecurity workforce and the perception that municipal jobs are rife with bureaucracy. Cities that succeed will have a vibrant and diverse workforce and realize the cost savings associated with the smart management of cities.”
The CISO Experience
ByKayne
Save the date for a very special “The CISO Experience” hosted by myself with our star guest Kayne McGladrey taking a Macro Economic view of the industry. Kayne McGladrey, CISSP is the cybersecurity strategist for Ascent Solutions and a senior member of the @IEEE. He has over two decades of experience in cybersecurity and has served as a CISO and advisory board member, and focuses on the policy, social, and economic effects of cybersecurity lapses to individuals, companies, and the nation.
Very honoured to have Kayne as a speaker where we will be discussing a variety of topics including:
Industry hiring practises
Gatekeeping
Burnout
Followed by a LIVE Q and A for the audience to participate