Information Security Challenges & Opportunities

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Information SecurityChallenges and Opportunities

M. Faisal Naqvi, CISSP, CISAMS (E-Com) Gold (PU), CMA inter (ICMA)

27001 A (IRCA, UK), 27001 Implr (IT Gov, UK)Associate Member of Business Continuity Institute

Senior Consultant – Information Security

© 2008 NetSol Technologies, Inc. All rights reserved2

Information Security (A-I-C)

Availability Integrity Confidentiality


Dependence on IT

Almost every Government Department Banks including ATM network, Stock

Exchanges & Brokers Telecommunication & Mobile Companies Electronic and Print Media Software houses and Call centers Other Private companies including MNCs


Challenges to Information Availability ATM Network/Credit Card Mobile Network/Mobile Card Charging Sys Call Centers TV Channels Internet Service Provider Stock Exchange Application


Attacks on Availability of Information Denial of Service (DoS) Attacks Distributed DoS (D-DoS) Attacks Malicious act by disgruntled employee Power Failure Natural/Man-made Disasters like Fire,

Flood, Storm, Earthquake, Strike and Terrorism


Challenges to Information Integrity

Balance of Rs.9,000/- in bank is changed to Rs.9,000,000/-

Tempering of NADRA records Changing CSS exam results Changing ownership of Vehicle / Land in E-

Records Tempering Share Prices of Stock Phishing Electronic Stalking Salami Attacks


Attacks on Information Integrity

Hacking SQL injection Insiders / Employees Weak cryptographic algorithms Buffer overflow Malicious Code


Challenges to Confidentiality of Information Source Code/Trade Secret Theft Tenders Quotation Disclosure Clients Information Stealing Govt. Sensitive Information Leakage Mobile Usage and Personal Information Online Bank Account Password ATM Pins


Attacks on Confidentiality of Information Employees Social Engineering Hacking SQL Injection Key Loggers (software/hardware)


Getting ATM cards & pins


Getting ATM cards & pins (cont…)








How to Overcome these challenges

Pro-active approach rather than Reactive Preventive Controls rather than Corrective


Opportunities to ensure Availability of Information Firewalls Intrusion Detection Systems Intrusion Prevention Systems Anomaly Detection Systems Antivirus Business Continuity Management Disaster Recovery Planning


Opportunities to ensure Integrity of Information Application Security Segregation and Rotation of Duties Strong Cryptography Access Control Application Vulnerability Assessment Application Penetration Testing


Opportunities to ensure Confidentiality of Information Access Control Training and Awareness Anti spy ware Extrusion Prevention Systems


Opportunities to ensure overall Information Security Strength of overall Information Security is not

more than one weakest element Need for a system which can ensure the A-I-C in

a comprehensive manner ISO-27001 Information Security Management

System (ISMS) ISMS 133 countermeasures to control all

possible Threats and Vulnerabilities


Opportunities to ensure overall Information Security Periodic Audits and Assessments through

independent neutral organizations Vulnerability Assessments Penetration Tests through Ethical Hackers


Opportunities to ensure overall Information Security by Govt. Electronic Transaction Ordinance (ETO), 2002 Prevention of Electronic Crime Ordinance

(PECO) 2007 National Response Centre for Cyber Crimes

(NR3C), FIA Information & Communication Technology (ICT)

Tribunals


Electronic Transaction Ordinance

36. Violation of privacy of information

Protects Confidentiality

37. Damage to information system, etc.

Protects Integrity and Availability


Prevention of Electronic Crime Ordinance (Crimes)3. Criminal Access4. Criminal Data Access5. Data Damage6. System Damage7. Electronic Fraud8. Electronic Forgery9. Misuse of Electronic System or Device 10. Unauthorized access to code


Prevention of Electronic Crime Ordinance11. Misuse of Encryption12. Malicious Code13. Cyber Stalking14. Spamming15. Spoofing16. Unauthorized interception17. Cyber Terrorism18. Enhanced punishment for offences involving

electronic systems


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Thank You