News
How To Forecast the Cost of Asset Loss Defined
(Symantec)
To calculate the annual loss expectancy (ALE) of an asset, you use the
quantitative risk analysis method. This calculation is determined by first
figuring the annual ra te of occurrence (ARO) and the single loss expectancy
(SLE).
Once
those values are known, ARO x SLE = ALE. Suppose the SLE is US$35,000, and the
ARO is 12 (i.e., the cost of the server being down for a day is US$35,000, and
this attack happens once every month). In this example, US$35,000 x 12 =
US$420,000 per machine.

To
protect your financial viability, you need to be able to perform data
restoration and bare metal system recoveries more efficiently and faster than
ever.
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more information
Steps to protect your Internet reputation
Steps that your company (enterprise) should follow to see what the
Internet says about the enterprise and key employees include:
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Conduct weekly
searches to monitor your company name and company
reputation
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Review content of company and employee blogs for accuracy and
compliance to company policies
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Validate that all public information has a real identity – this
includes blogs and press releases
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Apologize and admit your errors
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Redirect blogs to positive product, employee and company information
when anything negative is posted
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Minimize negative comments and never say anything negative about your
competition or its
products.
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more information
New York Attacks Internet Retailers - Tax on Internet Sales is Law
Amazon.com is suing the New York State Department
of Taxation and Finance (DTF) over a new state law that requires Internet
retailers to collect sales tax on purchases shipped to state residents.


Amazon has argued that since it does not have a
physical presence in the state that it should not be required to collect taxes
on shipments going to New York. Amazon has no physical presence in New York,
according to the suit. It does not own, lease, or otherwise occupy any physical
property in the state, and none of its employees works or resides in the state.
In addition Amazon says the New York law is
unconstitutional based on a 1992 U.S. Supreme Court ruling that claims states
are prohibited from requiring out of state retailers to collect sales tax unless
the company has a physical presence in the state.
In the Quill v. North Dakota case, the Supreme
Court re-established the rule that a state could not impose sales tax collection
on a business unless the company had employees or property in the state.
New York defends the law by arguing that the Amazon
Associates program, which allows Web site publishers to receive commissions by
promoting Amazon items through their sites make Amazon liable to collect taxes
on its behalf for those affiliates who live in New York.
One piece of bright news for Amazon and other
online retailers is that the state of New York is not seeking back taxes. A
spokesman for the state said the legislation provides for a limited amnesty for
online sellers who register as sales tax vendors and start collecting taxes by
June 1, 2008.

If the seller registers and starts collecting sales
tax by June 1, the seller will not be liable for tax not collected for sales tax
quarters prior to June 1. Conversely, if you don't register and it is later
determined that you should have, you could be subject to tax dept audit for
quarters prior to June 1.
Brick and mortar companies are generally supportive
of the Amazon Tax, saying it levels the playing field by forcing online
retailers to collect state sales tax. The down side is that it could potentially
mean fewer sales for online retailers.
If the New York law is upheld, you can be sure a
whole host of other states will follow its example and implement similar laws.
The New York law is projected to generate $50 million in revenue this year and
$73 million next year.
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more information
Google Addresses Enterprise Security Issues
Google announced the release of Web Security for
Enterprise that protects organizations of all sizes against web malware attacks
in real time and enables the safe, productive use of the web, without incurring
hardware, up-front capital, or IT management costs.
The for purchase product enables organizations to
control how employees use the Internet, and provides easy-to-use tools to
create, enforce, and monitor the right web policy for your organization.

Web virus and spyware
protection
- Proactive blocking of web malware before it reaches your
network
- Protection from zero-hour threats
- Eliminate spyware back-channel communications
- Reduce patching and updates
Web filtering and
content control
- Protects your network and your staff from undesirable web
content, file types and MIME types
- Quota support by surfing time, bytes transferred and
number of connections
- Optimizes network resources by reducing bandwidth
congestion
- Monitors online activity with comprehensive
reporting
Protection for roaming
and remote users
- Extends to all roaming employees wherever they are working
– at home, in a hotel room, café, client premises, or Wi-Fi spot
- Applies acceptable use policies to all roaming
employees
- Enhances privacy by automatically encrypting all web
traffic when the user connects to a public network
- Eliminates the need to backhaul traffic over the corporate
VPN
- Simplifies management with no endpoint client and
updating
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more information
The five requirements to be a successful CIO


In
order to be a successful Chief Information officer (CIO) an individual must have
excellent management skills have proven processes in place in order to lead the
IT function and the enterprise effectively.

The CIO needs:
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Open communication channel to all levels of the enterprise
from CEO to shipping clerk
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Information that gives the CIO the real, unadulterated
truth about how the Information Technology group is
performing.
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Strategic information which is focused on managing the
business performance of their function.
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Information from various sources that are outside of the
CIOs area of control
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Time to digest all of the information and
data
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more information
Relationship between compliance, data protection, business continuity, and theft recovery not understood
What is the relationship between the issues of compliance,
data protection, business continuity, and theft recovery? Enterprises must take
this into account when defining security policies. It is no longer enough to
attempt to address compliance issues without addressing data protection and
business continuity. Protection of data on mobile and remote computers requires
an understanding of the issues surrounding data loss be it computer theft,
hardware failure or some disastrous event. Having a broader understanding of how
these areas inter-relate allows organizations to build a more robust security
policy that can better address the issues of regulatory compliance, data
protection, business continuity and theft recovery.

The worldwide shift from stationary desktop computers to highly-portable
laptop and tablet PC computers offers enterprises increased productivity,
flexible work schedules and greater work/life balance. Driven by the need for
increased productivity and the ability to present up-to-date information at a
moments notice, secure mobile computing can be an enterprises greatest strength.
However, research indicates that lost or stolen laptop computers cause nearly
50% of public data breaches. With recently expanded state data breach
legislation, even a single lost or stolen computer can expose enterprises to the
negative publicity and increased costs associated with public data
breaches.

DRP Security Bundle
Today, accepting the loss or theft of one laptop or tablet PC or
Smartphone (PDA) is simply not an option. A missing device can result in
compliance and data protection issues that may be very costly to an
organizationÂ’s reputation and bottom line. Organizations need to be able to
accurately track their computers, know who is using them, what is installed on
them, and be able to prove the actions taken to secure computers remain deployed
and intact until the computer can be located.
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more information
CIO and IT Manager Newsletter for May 2008 Released by Janco
The CIO and IT Manager Newsletter has just been
released and the electronic version of the newsletter can be viewed at
http://www.e-janco.com/CIO_IT_Manger_Newsletter_0805.htm.
The topics covered in this issue are:
- Real ID Implementation status
- SOX Compliance Requirements
- Security Audit Program
The Newsletter also provides direct links to topics
on:
- Disaster Recovery and Business
Continuity
- Job Descriptions
- 2008 Salary Survey
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more information
In the current business environment, the security stakes are high.
IT security is not just an IT problem, technical security risks can create
business liabilities.
The market is filled with products that promise to
reduce this risk and enhance IT security. These include:
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Network and perimeter security (including
firewalls)
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Endpoint security and threat mitigation (including anti-virus and patch
management)
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Data security
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Identity and access management
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Wireless security
The Security Manual address each of these issues and provides solutions
which can be implemented immediately.

Users must install and maintain antivirus software. Security policies
must define what applications and configurations are acceptable where, and IT
and business processes must ensure that security policies are monitored, and
exceptions are corrected.
Gaining transparency into risk and security
status with rapid, flexible security assessments can quickly improve risk
management. Assessments should deliver risk-relevant views of IT infrastructure
to track progress towards policy compliance targets and the Security Audit
program does that in compliance with all mandated
requirements.
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more information
How to comply with SOX - Tools for the Enterprise

It
can be a struggle for a company to adhere to new compliance regulations and
responsibilities. The concerns about where do we start? and can we
leverage existing processes to meet these new requirements? are obvious
questions with not-so-obvious answers. What are the vulnerabilities and how can
we manage compliance with SOX section
404.
As guidance and a framework for SOX compliance, the US
Securities and Exchange Commission (SEC) has mandated that affected
organizations use a recognized internal control framework. The SEC makes
specific reference to the recommendations of the Committee of the Sponsoring
Organizations of the Treadway Commission (COSO). While there are many sections
within the Sarbanes-Oxley Act, the focus here is on section 404, which addresses
internal control over financial reporting. This section requires the management
of public companies to assess the effectiveness of the organizationÂ’s internal
control over financial reporting and annually report the result of that
assessment.

Meeting the COSO objective means compliance with SOX
section 404.


The Sarbanes-Oxley Act has fundamentally changed the
business and regulatory environment. The Act aims to enhance corporate
governance through measures that will strengthen internal checks and balances
and, ultimately, strengthen corporate accountability. However, it is important
to emphasize that section 404 does not require senior management and business
process owners merely to establish and maintain an adequate internal control
structure, but also to assess its effectiveness on an annual basis. This
distinction is significant.
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more information
Security Threat is Increasing
From spyware and
phishing to intrusion attempts, the threats attacking todayÂ’s computer networks
are more dangerous than ever. Many threats are targeting specific industries
with convincing-looking e-mail and phone calls. The hackers hope to direct
employees to counterfeit Web sites, in order to harvest passwords and private
financial information or steal computer and network resources. The revenue from
cybercrime in the United States now exceeds that of illegal drug
activity.
We are
seeing a change in the threat landscape, from ones that were noisy and targeting
the perimeter of the network, to becoming much more silent, difficult to detect
and highly targeted. These attacks are mostly targeting Web browsers and the
client applications on the computer itself. And while a small business network
may not be as complicated as an enterprise network, they still have desktop and
mobile clients.

Because
small businesses have fewer IT resources at their disposal, they need solutions
that provide comparable protection, at affordable costs and requiring minimal
administration.
The
threats are:
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Spyware
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Attacks
inside the firewall - USB
devices
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WiFi
and other rogue access points
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Worms
and viruses
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Information
theft via authorized paths
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Phishing
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Key
stroke logging
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Instant
Messaging
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Blended
attacks
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more information