Business Issues, Security, Services

Cyber criminals collaborate, use more advanced data theft tools

HP's strategy to disrupt adversaries and manage risk

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As a CIO, here's what you must understand: 92% of the Forbes Global 2000 companies have reported data breaches in the past 12 months. The cyber crime black market is worth an estimated $104 billion. And ever-more sophisticated cyber adversaries are collaborating and using advanced data theft tools. They constitute a much more potent threat than lone hacktivists once did.

And with BYOD, IT no longer controls the end point devices.

Welcome to 2013.

These startling or more accurately, frightening numbers were cited by Hewlett Packard, which today announced a series of new security initiatives.

“Enterprises today aren’t facing a single attacker; they are fighting a well-organized, well-funded adversary marketplace,” Art Gilliland, HP senior vice president and general manager of Enterprise Security Products, said in the press release. “To succeed in thwarting attacks, you need a trusted partner that can provide end-to-end security with enhanced threat intelligence to disrupt the adversary."

In the attached video, HP Software vice president of strategic marketing Paul Muller, frames the urgency behind the security issue. Asked how big the cyber crime issue is, Muller says "we don't really know [except that] it's a growing problem." He cites a report that claims cyber crime is now the single biggest crime (of fraud) now.

He also describes in detail three legs of the HP security strategy and the tools to disrupt the adversary, manage risk exposure and provide knowledge, experience and services in digital security. In particular, the new enterprise products and services address cloud, mobile, BYOD, PCs, data and all the vulnerable software layers.

The approach is decidedly proactive where HP seems to be moving out the traditional defensive posture and taking the fight to the adversaries. 

Stay tuned. 

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Paul Calento 255 Points | Sun, 09/29/2013 - 15:13

What we need is a “Grand Central of collaborative security intelligence,” as advocated by E.G. Nadhan at HP. Cyber criminals shouldn’t be the only one’s that collaborate.

--Paul Calento

(note: I work on projects sponsored by and HP)