As Mike Riegel pointed out in his recent blog, ‘Financial services is the prime example of an IT-intensive industry.’ Financial institutions rely on consistent technology and innovation to compete and to ensure compliance with regulatory requirements. Customers put a lot of trust in their financial services provider to secure their data and privacy.
On the other hand, cyber criminals put financial institutions in their sights in efforts that, when successful, can damage customer trust and an institution’s reputation. Financial institutions around the world are targets for malware, phishing, ransomware, and ATM skimming. The most serious losses come from targeted attacks. According to the Cisco 2015 Annual Security Report, malware is becoming increasingly sophisticated and cyber criminals are launching attacks through a variety of attack vectors, including tools that users trust or view as benign. Furthermore, targeted attacks are on the rise and the cyber criminals are unrelenting in the execution their mission.
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Tags: #SecurityEverywhere, Bill Fearnley Jr, Chris Christiansen, Christian Christiansen, Cisco, ciscochat, cybersecurity, digital, digital bank, Financial Services, IDC, security
On January 20, 2016, a new Linux Kernel zero-day vulnerability (CVE-2016-0728) was disclosed by Perception Point. The vulnerability has the potential to allow attackers to gain root on affected devices by running a malicious Android or Linux application.
Our investigation is ongoing; however, at this time we have not identified any Cisco products as exploitable. Should this change, we will publish a Security Advisory on the Cisco Security Portal.
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Tags: Cisco, CVE-2016-0728, security
#CiscoChampion Radio is a podcast series by Cisco Champions as technologists. Today we’re discussing the 2016 Cisco Annual Security Report with Cisco Subject Matter Expert Tim Gurganus.
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Tim Gurganus (@hotzoner), Security Incident Manager at Cisco
Tim is a Security Incident Manager with Cisco Active Threat Analytics. He monitors security of Cisco’s largest customers, including Hospitals, financial service companies, and others. He helps to make sure a method exists to detect and mitigate attacks across Cisco’s customers. Tim contributed to the threat intelligence section of the Annual Security Report.
Cisco Champion Hosts
- Brandon Carroll (@brandoncarroll), Network Security Solutions Engineer
- Jake Gillen (@jakegillen), Senior Security Engineer
- Chris Brown (@ChrisKnowsIT), Senior Network Operations Manager
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Tags: #CiscoChampionRadio, 2016 Annual Security Report, opendns, security
Remember 2007, when the underground economy began to flourish, using simple protocols and static subnet ranges to control their infrastructure? That was the same year Cisco published the first Annual Security Report (ASR). Nine years later, the drumbeat of cyberthreats grow louder, but the actors and threats are familiar, just as John reminded us when this year’s report was released.
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Tags: 2016 ASR, Active Threat Analytics, cisco-ata, incident response, managed security, security, Security Services, services
Networking Field Day 11 is tomorrow and will be live streaming this Thursday, January 21st, from 2:00-4:00pm.
For the uninitiated, Tech Field Day is an event hosted by Cisco where delegates come and listen to a technical deep dive by a Cisco expert in a presentation and discussion format. These delegates range from bloggers, speakers, freelance writers, and podcasters that have a public presence that has an immense influence on ways that products and companies are perceived by IT practitioners. There are a few different branches of Tech Field Day: Networking Field Day, Wireless Field Day, Virtualization Field Day, and Storage Field Day.
#NFD11 will be a two-hour session where we’ll showcase a few different Cisco technologies to 12 delegates. We’ll be discussing the provisioning of Nexus switches using Puppet, IOS 16.x, Programmable Fabric Using VXLAN/BGP-EVPN, and LED lighting powered by Cisco Catalyst switches. Before we dive into those topics, we’ll kick-off our session with an introduction from Senior Director of Data Center and Enterprise Switching Carl Solder. Read More »
Tags: Catalyst Switches, enterprise platform, EVPN, led, networking field day, Nexus Switches, NFD11, security, tech field day, VXLAN, WAN