Cyber insurance between the lines

Monday, 26 May 2003, 3:48 PM EST

It's a security professional's nightmare. Not a new virus or worm. Not a hacker from outside trying to penetrate perimeter defenses. Not even an attempted denial of service attack. The nightmare scenario is the "Jayson Blair" syndrome -- the trusted insider gone bad.

That can mean stealing information, destroying files, or virtually shutting down an entire company through the use of a Trojan horse or logic bomb. There are some attacks for which there is no perfect defense. Perimeter defenses don't work against insiders. Validation procedures may not work where the user can legitimately log in as root. Checks and balances, such as the "two person" rule, work only when properly implemented and rigorously adhered to.

So, we prevent the harm we can prevent, and insure against the harm we cannot prevent -- right? Do "computer crime" insurance policies make sense? The answer is, it depends.

[ Read more ]




Spotlight

Hospitals advised to stop using vulnerable computerized drug pumps

This is the first time that the US FDA has advised healthcare providers to stop using a medical device because of cybersecurity vulnerabilities.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Tue, Aug 4th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //