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Transforming Communities: IT, Civic Engagement, and Economic Development - IT and the Need for Regulation October 31, 2009 Deepa Saldanha CISA, CISSP, QSA

IT and the Need for Regulation, Deepa Saldanha

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During Heinz College Reunion 2009, alumni gathered for a presentation titled “Transforming Communities: IT, Civic Engagement and Economic Development.” The panel was moderated by Rick Stafford, MSPPM 1972, Heinz College Distinguished Service Professor of Public Policy. Panelists shared examples of their application of policy and technology to advance cities, government and businesses.

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Page 1: IT and the Need for Regulation, Deepa Saldanha

Transforming Communities:

IT, Civic Engagement, and Economic Development

- IT and the Need for Regulation

October 31, 2009

Deepa SaldanhaCISA, CISSP, QSA

Page 2: IT and the Need for Regulation, Deepa Saldanha

Agenda

• Technology as the Enabler – the Trust DNA

• Threats and Drivers

• Observation from the Frontlines

• Regulatory Trends

• Conclusion

2 Confidential

Page 4: IT and the Need for Regulation, Deepa Saldanha

Technology as the Enabler

4 Confidential

Page 5: IT and the Need for Regulation, Deepa Saldanha

Can you Trust what you see on your screen?- Phishing

5 Confidential

In addition to being a phishing page and stealing the individual’s identity, the page automatically forces the user to download what looks to be a software package of Adobe Player. If downloaded and executed, the individual’s computer is Trojaned and joined to a botnet for use in one or more illicit actions.

Page 6: IT and the Need for Regulation, Deepa Saldanha

Can you Trust what you see on your screen?-More Phishing

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Citibank_phishing_czech-republic.bmp – Sophisticated phishing attack on Citibank Business cards. If the long URL (to the Czech Republic) doesn’t give away that it is a phishing site, there is little else that would clue in users to avoid submitting their credentials.

Page 7: IT and the Need for Regulation, Deepa Saldanha

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New Threats

www.information-security-resources.com

Page 8: IT and the Need for Regulation, Deepa Saldanha

How much is data worth?

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Page 9: IT and the Need for Regulation, Deepa Saldanha

Breaches as of Today

Page 10: IT and the Need for Regulation, Deepa Saldanha

Major Breaches

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http://www.privacyrights.org/ar/ChronDataBreaches.htm

How many data breaches have been reported in the month of October?

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Page 11: IT and the Need for Regulation, Deepa Saldanha

Verizon Data Breach Statistics 2009

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Page 12: IT and the Need for Regulation, Deepa Saldanha

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Verizon Data Breach Statistics 2009

Page 13: IT and the Need for Regulation, Deepa Saldanha

1970-1980

1980-1990

1990-2000

2000-

Present

A Brief History of

Regulatory Time

Computer Security Act of 1987

EU Data Protection HIPAA FDA 21CFR Part 11 C6-Canada GLBA

COPPA USA Patriot Act 2001 CAN-SPAM Act FISMA Sarbanes Oxley (SOX) CIPA 2002 Basel II NERC 1200 (2003) CISP State Privacy Laws (i.e.

California SB1386) Payment Card Industry (PCI) FTC Red Flags Rules HITECH CIP

Regulatory Trends

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Page 14: IT and the Need for Regulation, Deepa Saldanha

What’s your Top Priority?

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Do we need more regulation?

Page 15: IT and the Need for Regulation, Deepa Saldanha

Questions?

Deepa Saldanha

Coalfire Systems, Inc.

Senior Security Auditor

[email protected]

Phone: 206-335-1063

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