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Does Cyber Security Have An Operational Excellence Problem?
Feb 28, 2017Security is about processes. Quality security is not just about the strengths of the locks and other mechanisms that make up the anatomy of a cyber security solution. (See my infographic for the …(1)
Failing Securely – CISA
Failure is unavoidable and should be planned for. What is avoidable are security problems related to failure. The problem is that when many systems fail in any way, they exhibit insecure behavior. In such systems, attackers only need to cause the right kind of failure or wait for the right kind of failure to happen. Then they can go to town.(2)
Cybersecurity control failures listed as top … – Help Net Security
May 3, 2021Cybersecurity control failures was listed as the top emerging risk in 1Q21 in a global poll of 165 senior executives across function and geography, according to Gartner. Despite a myriad of risks …(3)
Opsec examples: 6 spectacular operational security failures
Aug 13, 2021Marketplaces of bad ideas. With Ulbricht being both a pioneer in the dark web marketplace business and also a prime example of terrible opsec, you’d think subsequent dark web merchants would have …(4)
Why are cyber security controls failing? – Huntsman
The Australian Cyber Security Centre ( ACSC) studied past breaches and found that in an overwhelming number of cases when a control failure led to a breach, nearly all of them (85%) were enabled (in terms of infection) or made much worse due to highly repetitious failure scenarios. ACSC identified the top 4 mitigation strategies based on this …(5)
Security failure, 13 ways to avoid one and why security programs often fail
Sep 23, 20211. Bombing Buy-in. When CISOs or CIOs fail to gain buy in ahead of adoption and implementation, the cyber security initiative is liable to fail. Cyber security leaders need to anticipate questions around initiatives, plan for explanations in plain, non-technical language, and be able to speak to any potential risks.(6)
ISO 27001 Information security event, incident, & non-compliance
Information security event in ISO 27001. An information security event is any occurrence related to assets or the environment indicating a possible compromise of policies or failure of controls, or an unmapped situation that can impact security. It is also a change in the normal or expected behavior of a system, network, or service. An event …(7)
PDF A Taxonomy of Operational Cyber Security Risks Version 2
CMU/SEI-2014-TN-006 | vii Abstract This report presents a taxonomy of operational cyber security risks that attempts to identify and organize the sources of operational cyber security risk into four classes: (1) actions of people, (2) systems and technology failures, (3) failed internal processes, and (4) external events.(8)
Covering Business Interruptions from System Failures, Cyber Attacks
Most cyber policies provide an option for covering the costs of business interruption from a network security failure. That includes incidents like DDoS attacks or hackers accessing your network and deleting critical files, or adding malicious code that causes the system to fail. Some cyber insurance policies will also cover a system failure …(9)
Operational Risks and Cyberattacks Failures During War Times
Mar 22, 2022It can also use to monitor and respond to security incidents. By taking a proactive approach to cybersecurity, businesses can help to protect themselves from operational failures during wartime. Dealing with the Aftermath of an Operational Failure. Suppose a business experiences an operational failure during wartime.(10)
The Convergence of Operational Risk and Cyber Security.
The “new normal” of expanded operational risk management (ORM) strategies that align with cyber security, fraud and anti-money laundering (AML) disciplines is illustrated in Figure 1. For example, cyber security events such as the “Carbanak” $1bn loss from financial institutions worldwide and this year’s Dyre Wolf malware(11)
cybersecurity event – Glossary | CSRC
cybersecurity event. Definition (s): A cybersecurity change that may have an impact on organizational operations (including mission, capabilities, or reputation). Source (s): NIST SP 800-160 Vol. 2 Rev. 1 from NIST Cybersecurity Framework Version 1.1. NIST Cybersecurity Framework Version 1.1 under Cybersecurity Event.(12)
Cybersecurity, Fraud and Operational Risk: The … – Security Intelligence
The Ponemon Institute’s ” 2017 Cost of Data Breach Study ” reported that the global average cost of a data breach is $3.62 million. When combined with ACL’s tally of $6.3 billion in annual …(13)
“Taxonomy of Operational Cyber Security Risks”
The taxonomy has four main classes: actions of people—action, or lack of action, taken by people either deliberately or accidentally that impact cyber security. systems and technology failures—failure of hardware, software, and information systems. failed internal processes—problems in the internal business processes that impact the …(14)
PDF A Taxonomy of Operational Cyber Security Risks – DTIC
This report presents a taxonomy of operational cyber security risks that attempts to identify and organize the sources of operational cyber security risk into four classes: (1) actions of people, (2) systems and technology failures, (3) failed internal processes, and (4) external events. Each class is broken down into(15)
What is a security incident? – TechTarget
security incident: A security incident is an event that may indicate that an organization’s systems or data have been compromised or that measures put in place to protect them have failed.(16)
Operational and Cyber Risks in the Financial Sector
According to Basel Committee on Banking Supervision (2003), Operational risk is defined as the risk of losses resulting from inadequate or failed internal processes, people, systems or from external events. There are different types of operational risks like fiduciary breaches, aggressive sales, breaches of privacy, account churning, failure of IT systems, health and safety, litigation and …(17)
Cybersecurity 101: The criticality of event logs – CSO Online
When suspected or actual breaches do occur, the log data serves to help in the identification and isolation of any intruder or malware. Then it provides an audit trail for tracking which network …(18)
Cyber Security: The Operational Illusion – TechNative
Jul 21, 2021It is the embedding of security values in corporate culture and corporate governance that should drive the transformative efforts around cyber security and will lead ultimately to effective cyber resilience. This is certainly harder to put in place than buying more tech or doing one more pen test, but it is the key to long term transformative …(19)
How to Minimize Cybersecurity Failure? Plan for it – Security Magazine
In the cyber world, the simplest personal advantages include unique passwords and biometrics. These unique, personal items help keep us safer in a singular and direct way and with their nominal protection in place, the next level is tools. Tools, like encryption and antivirus software, increase protection by augmenting the power and efficacy of …(20)
Excerpt Links
(1). Does Cyber Security Have An Operational Excellence Problem?
(2). Failing Securely – CISA
(3). Cybersecurity control failures listed as top … – Help Net Security
(4). Opsec examples: 6 spectacular operational security failures
(5). Why are cyber security controls failing? – Huntsman
(6). Security failure, 13 ways to avoid one and why security programs often fail
(7). ISO 27001 Information security event, incident, & non-compliance
(8). PDF A Taxonomy of Operational Cyber Security Risks Version 2
(9). Covering Business Interruptions from System Failures, Cyber Attacks
(10). Operational Risks and Cyberattacks Failures During War Times
(11). The Convergence of Operational Risk and Cyber Security.
(12). cybersecurity event – Glossary | CSRC
(13). Cybersecurity, Fraud and Operational Risk: The … – Security Intelligence
(14). “Taxonomy of Operational Cyber Security Risks”
(15). PDF A Taxonomy of Operational Cyber Security Risks – DTIC
(16). What is a security incident? – TechTarget
(17). Operational and Cyber Risks in the Financial Sector
(18). Cybersecurity 101: The criticality of event logs – CSO Online
(19). Cyber Security: The Operational Illusion – TechNative
(20). How to Minimize Cybersecurity Failure? Plan for it – Security Magazine
