Aujas US

An IDG Ventures Company

Aujas among the Most-Requested Information Risk / IT Security Firms at 2011 CIO & IT Security Forum

For Immediate Release

Jersey City, New Jersey, USA – Senior IT decision makers knew who they wanted to talk to at the May 24-26, 2011 CIO & IT Security Forum – and they wanted to talk to Aujas. The global information risk management company was among the top five most requested suppliers at the Jacksonville, FL, forum. Sameer Shelke, Aujas cofounder and Chief Operations and Technology Officer, and Karl Kispert, Vice President of Sales and Business Development, met one-on-one with close to 50 Chief Information Security Officers (CISOs) and Chief Information Officers (CIOs) who specifically requested a meeting with Aujas.

“The forum gave us the opportunity to meet with IT security executives and discuss the security issues that were keeping them up at night,” says Karl Kispert. “Phishing and application security are critical issues, and we were able to share with the execs how Aujas can help them manage risk in these areas as well as others.”

The forum, hosted by Richmond Events, is invitation-only for 100 senior IT executives with budget authority. It offers a unique experience for these individuals to get together, debate the big issues and explore collaborative opportunities. “From our perspective, the forum gave us the opportunity to meet and develop relationships with those we are most able to help,” says Kispert.

About Aujas
Aujas is a global Information Risk Management services company and an IDG Ventures funded company. It is headquartered in Bangalore, India, with its US headquarters in Jersey City, New Jersey.

Aujas consultants work with the client’s management teams to align information risk with business initiatives, so that security becomes a business driver and competitive advantage. The firm helps clients manage emerging technologies – mobile devices, social media, cloud computing – that are transforming the business environment and posing increasing security challenges.

Aujas offer global clients:
• Information Risk advisory services
• Secure Development Life-cycle services
• Identity and Access Management services
• Managed Information Risk services
• Vulnerability Management services
• Mobile, social media and cloud security services
For more information about Aujas services, contact Karl Kispert at karl.kispert@aujas.com or visit http://www.aujasus.com.

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June 20, 2011 Posted by | Enterprise Security, IT security, Phishing, Risk management, Secure code development | , , , , | 1 Comment

Phishers Target Social Media, Are You the Victim?

Phishers target social media

Phishers are targeting social media. Your company and employees have to play their part to fight them.

Social media has been all the buzz recently. While I am writing this post, there are more than 500 million active users on Facebook, with 50% of them logging on at least once a day from their office, home, coffee-shop, school, or while mobile. Today many organizations have an active presence across LinkedIn, Facebook or Twitter. Social media has emerged as an effective marketing tool to engage with a mass audience. As Natalie Petouhoff, Senior Researcher with Forrester Research, Inc., said, “Social media isn’t a choice anymore – it is a business transformation tool”.

This new and growing means of communication opens new channels for scammers to conduct social engineering attacks. Scammers have started using social media in a big way to retrieve vital information from users. They also use social networking malware for financial gains. Message or web links coming from immediate connections over Facebook or Twitter lead users to believe that they are genuine and there’s nothing wrong with clicking them. Scammers leverage on this fact and exploit human emotions such as greed, trust, fear, and curiosity to conduct phishing attacks. According to the latest Anti-Phishing Q2 2010 Report, there is a definite increase in social networking phishing attacks. While attacks were almost negligible in Q1 of 2010, they accounted for nearly 3 percent of reported attacks in Q2.

Any current hyped political situation, news stories, videos or mishaps are good enough to make the user click on the link and redirect to the desired (malicious) website.  The message is defined to pull your curiosity or it is made strong enough to create sympathy towards people affected by tragedy. It is very unlikely that you have not seen these kinds of messages on your wall or twitter box-

“Did you see how will u look like in 20 years from now? lol: http://bit.ly/gbdhuD 

“They need your help, Pls donate http://ntbnking.lnkd.it/jpn/donation 

“Hey, I am your old college friend! Just joined your company; why not reconnect? – http://biz.ty/23424 

“I bumped into some of your old friends the other day; they wanted me to send you this – http://facebooklink

The above websites could be asking for your Internet-banking credentials for donation to affected people, sensitive information about your organization or any other personal information which is valuable to scammers. By clicking on this link, the malware or virus gets downloaded your system is compromised.

Often scammers target one social networking site user account, compromise it using script, and this script gets propagated to the user’s friends’ accounts. This is called self-replicating malware, and uses application vulnerabilities such as invalidated redirects, click jacking, and cross-site request forgery to spread across multiple user accounts. For mobile users, it becomes even worse because it is not easy to verify authenticity of URLs.

I am sure you will agree that it is not easy to stop usage of social media completely even though there are definite risks involved. Organizations need to look beyond traditional technology controls, and look to continuous education and awareness to fight phishing attacks.

Organizations can take following steps to fight against phishing attacks:

  1. Establish a social media strategy. Clearly document and enforce what is allowed and not allowed to discuss and disclose in social networking sites.
  2. Conduct social media awareness programs which should include the rewards and risk of social media. It should also cover how to identify phish websites and differentiate between original and fraudulent websites.

As an employee, these best practices can help you avoid becoming prey of phishing attacks:

  1. Never click on a link or a bookmark which is associated with financial transactions or asks for any sensitive information; instead always have a practice to manually type URL in the address bar.
  2. Do not click on links which ask to download ActiveX or software on your system as they could be Trojan / malware which later becomes the control center to remotely control your and other systems inside the network.
  3. Ensure that the site is authentic and using secure layer (https) before providing any sensitive information about yourself or your organization.
  4. Report suspected links to your internal security team and the social networking site so that they can work with the hosting provider to bring down the phish website.

Both the organization and its employees have to play their part to fight against phishing risks over social media.

Aujas can help your company manage risk from phishing threats with its industry-leading Phishing Diagnostic Solution. Contact Karl Kispert, our Vice President of Sales, to learn more. He can be reached at karl.kispert@aujas.com or 201.633.4745.

April 27, 2011 Posted by | Cyber Crime, Identity Theft, Phishing, Risk management, Social Engineering | , , | Comments Off on Phishers Target Social Media, Are You the Victim?

5 Hot Topics in Information Security for 2011

Hot topics in information securityAccording to the Aujas information security experts, these are the five crucial security topics that should be on the radar for business executives in 2011:

Data Governance and Data Leakage Prevention (DLP) – Some executives believe their employees know exactly what data should be protected and what data can be shared via website, conversation or social media.  These executives have a false sense of security. Many companies still do not have a strong data classification program or policy in place to educate employees on what is critical to an organization and what is not.  Some execs may also think that having a DLP tool and plugging it in is the answer. That’s like plugging in a power saw and saying you can build a house! Having a tool and knowing how to use it effectively are two different things.

Tip: Find a champion to drive your data governance and loss prevention initiative.  If your company has a CISO, this person is the most logical one to take on this role. If not, you can assemble a small team of stakeholders to work with guidance from a third party who specializes in information risk management.

Application Security – With so many applications being developed and used in companies of all sizes, some are being created without security in mind.  Some technology companies have a need to be the first on the street with a new application and are bypassing Security Development Lifecycle (SDL) protocol. They are thinking about security after the application is released and, sadly, are finding that they are spending more money to fix the application.

Tip: First perform a penetration assessment on your company’s critical applications to identify vulnerabilities. Then be proactive!  Create a framework in which security is part of the SDL.

 Social Media – The intentional and unintentional release of sensitive information via Facebook, Twitter, etc. can affect your company’s bottom line.  Your intellectual property may wind up on an underground website or, if your secrets are shared with the world, you may not be first to market with your new product or service. 

Tip: You don’t need to declare social media off limits to your employees. It is an important business tool that is not going away.  You do, however, need to understand the risks of social media, and make users aware.

 Cyber Security – Over the past year, more organizations have come to understand that there is a very real cyber security threat in the US and that the US Government cannot take care of every threat-related issue. Your company needs to develop a strong internal and external security programs to protect it.

Tip: Putting in place a robust information risk management (IRM) program is essential so that your stakeholders understand the people, process and technology risks and how they can affect your access, availability, and agility to conduct business.

Phishing – Hackers continue to use phishing, a type of social engineering, to solicit information from individuals.  Though the incidents of phishing were down in the second half of 2010, the attacks continue to get more and more sophisticated. 

 Tip: Perform a phishing diagnostic so that you are aware of the threat, specifically who in your organization is susceptible to this type of attack.

Aujas can help your company manage risk from these threats. Contact Karl Kispert, our Vice President of Sales, to learn more. He can be reached at karl.kispert@aujas.com or 201.633.4745.

January 24, 2011 Posted by | Data Leak Prevention, IT security, Phishing, Risk management, SDL, Social Engineering | , , , , , , | Leave a comment

New Trends in Phishing Attacks

Quick Introduction to Phishing

Trends in PhishingThe convenience of online commerce has been embraced by both consumers and criminals alike. Phishing involves stealing consumers’ personal identity data and financial account credentials. Social-engineering schemes use fake e-mails purporting to be from legitimate businesses to lead consumers to counterfeit websites designed to trick recipients into divulging financial data such as account and PIN numbers. Technical-subterfuge schemes plant crime-ware on PCs to steal credentials directly, often using systems to steal customers’ or organizations’ sensitive information.

Besides the obvious threats associated with phishing, other adverse effects include decreasing customer confidence in online commerce, and financial losses experienced by both businesses and consumers.

Although progress has been made in identifying threats and developing countermeasures, there has also been a simultaneous increase in attack diversity and technical sophistication in phishing and online financial fraud. Technical crime-ware resources are readily available and have been streamlined and automated, allowing for use by amateur criminals, making phishing economically viable for a larger population of less sophisticated criminals.

Latest Phishing Attacks

  • Tab Napping – Imagine you open the login page for your Intranet portal, but then you open a new tab to visit another website for a few minutes, leaving the first tab unattended. When you return to your Intranet Portal the login page looks exactly how you left it. What you haven’t realized is that a fake page has taken its place, so when you type in your authentication credentials, you have inadvertently given the fraudster easy access to your account.

 

  • Spear Phishing – This is a  rising phenomena that uses official-looking e-mails to lure people to fake websites and trick them into revealing personal information. However, unlike traditional phishing, spear phishers do not send thousands of emails randomly, but target select groups with something in common—they work at the same company, bank at the same financial institution, attend the same college, order merchandise from the same website, etc. The e-mails are ostensibly sent from organizations or individuals the potential victims would normally get e-mails from, making them even more believable.

 

  • URL Obfuscation – As users learn to detect fake emails and websites, phishers use techniques such as URL obfuscation to make phishing emails and sites appear more legitimate. This mechanism misleads the victims into believing that a link and/or web site displayed in their web browser or HTML-capable email client is that of a trusted site but are then redirected to a phishing site. For example, if the legitimate URL is http://www.login.example.com, the phishing URL may be http://www.login-example.com, thus tricking the customer into trusting the site by using an easily overlooked substitution.

 

  • Filter Evasion – This is an another e-mail phishing attack where attacker sends mail with picture images attached to malicious websites to retrieve personal details.

 

  • SMishing – Attacker uses SMS to launch phishing attack on cell phones to steal sensitive information. Scam message direct you to click on malicious banking websites or call a phone number. If you visit the link it downloads viruses into your system or if you dial the number will be asked for personal information.

 

  • Specialized Malware – Over the last couple of years, malware has been increasingly used for criminal activity against users of online banking and commerce sites. Specialized malware available today can easily be reconfigured to target information from a number of different websites. Malware also provides several mechanisms for stealing data that is then used for identity theft or stealing money from a victim’s account.

Conclusion

Though people today are more aware of phishing, countermeasures need to be designed in order to deal with the increasing technical sophistication of criminals conducting phishing scams exploiting human vulnerabilities.

Phishing awareness needs to grow to include law enforcement and employees of targeted businesses so that they are able to accurately recognize scams targeting them. It is also important to remain vigilant by developing and enforcing countermeasures, making the resources for phishing both scarce and expensive with increased policing and thereby making phishing less profitable.

The message is clear – the key to protecting oneself starts with continuous education and awareness.

The Aujas Phishing Diagnostic Assessment can help your company assess and remediate phishing risks. For more information about the Diagnostic, or other Aujas services, contact Karl Kispert, VP of Business Development at 201 633 4745 or karl.kispert@aujas.com.  

November 29, 2010 Posted by | Cyber Crime, Phishing, Social Engineering | , , | 5 Comments