Close
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cybersecurity
    • Cybersecurity
    • Networking

    Data Thefts Signal Security Shift

    By
    Paul F. Roberts
    -
    June 27, 2005
    Share
    Facebook
    Twitter
    Linkedin

      The serial scandals at Bank of America Corp., ChoicePoint Inc., LexisNexis and now CardSystems Solutions Inc. are prompting a growing number of companies to turn to new technologies and services that spot compromised internal systems, low-level attacks, and fraudulent activity inside and outside their networks.

      But experts warn that getting ahead of a new generation of online threats means rethinking network security from the inside out—and learning to think like hackers.

      One company that has seen its business boom in the wake of the recent data thefts is Cyveillance Inc., of Washington. The company provides online risk management and Internet monitoring services for enterprises, including about half of the Fortune 50 companies.

      Cyveillance makes money by pressing its ear to the hacker underground. It monitors shadowy IRC (Internet Relay Chat) servers, phishing Web sites and discussion boards where online criminals and identity thieves ply their trade.

      The company uses automated scanning systems and about 20 people to scour hundreds of millions of Internet documents to give companies critical intelligence on data leaks before they or their customers are victimized, company officials said.

      Part of the problem behind the recent data thefts is that most companies still rely on mainstream security products, including gateway and desktop anti-virus programs, IDSes (intrusion detection systems), and firewalls, said Jonathan Bingham, president of Intrusic Inc., of Waltham, Mass., which makes technology it calls a “compromise detection solution.”

      For example, knowledgeable hackers might canvas ISP networks for customers who are using VPN connections, then launch targeted hacks against those computers. With a compromised computer and VPN access, hackers gain entrance to a protected network as a fully credentialed user and can then do low-level surveillance to gather more credentials from systems on that network.

      But IDS or IPS (intrusion prevention system) products wont spot the attack because, technically, the hacker isnt attacking, Bingham said. “They just do things that take advantage of the infrastructure thats in place,” he said.

      Companies such as Cyota Inc., Actimize Ltd. and 41st Parameter Inc. also provide anomaly detection services, but analysts say that traditional network security technology still has a role to play in preventing online fraud and attacks.

      “If CardSystems had network IDS installed, they would have caught what was happening,” said Avivah Litan, an analyst at Gartner Inc., in Stamford, Conn. .

      But Bingham said the new threats facing organizations online are a paradigm shift in the world of network security and demand new thinking and new approaches.

      Check out eWEEK.coms for the latest security news, reviews and analysis. And for insights on security coverage around the Web, take a look at eWEEK.com Security Center Editor Larry Seltzers Weblog.

      Paul F. Roberts
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.

      MOST POPULAR ARTICLES

      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Applications

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Applications

      Kyndryl’s Nicolas Sekkaki on Handling AI and...

      James Maguire - November 9, 2022 0
      I spoke with Nicolas Sekkaki, Group Practice Leader for Applications, Data and AI at Kyndryl, about how companies can boost both their AI and...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×