Social Media Security

No matter what you think about Facebook, you have to admit it's a pretty impressive networking tool. Along with other social media websites, Facebook allows people to stay connected with friends and family. However, there's a darker side to this connection as well: Facebook also connects its user to a number of Internet security risks. To celebrate Facebook's tenth anniversary, SecurityCoverage Inc. shared some interesting facts about today's social networking sites and advice on how users can protect their personal information. Within the past five years, social media sites have seen an explosion in their number of users. In 2008, Facebook and Twitter boasted 100 million users and six million users, respectively. Now over one billion people connect over Facebook and Twitter's user base has almost forty times the number it had five years ago. LinkedIn leaped from 33 million to 225 million users, and Instagram from one million to over 150 million users. In fact, in the span of one minute, there are a hundred thousand new tweets and a hundred new LinkedIn accounts made. A Haven For Hackers Unfortunately, just because everyone uses a site doesn't mean your account on it is 100% safe. This past year was one of the worst in data breaches yet with six million Facebook members affected by a bug that sent private information of users to outside sources. Eight million LinkedIn, eHarmony, and Last.fm passwords were stolen and uploaded to a Russian hacker forum, and 250,000 Twitter users' information was hacked. We've all seen the fake tweets by people pretending to be fictional characters, or even imitating celebrities. In just the first months of 2013, 7.2 percent of social media profiles were fake accounts. While hilarious, these phony identities can be shelters for cybercriminals with malicious intentions. One notable scam on Facebook was hackers' attempts to install malware on victims' devices by offering the option of a "dislike" button on the website. Think Before You Click You've heard this a dozen times, but it's still true: once something's online, it doesn't go away. Think before you post pictures or information you don't want everyone to see. Ten percent of respondents in a survey claim that they've regretted posting something, thirty percent include location in their posts, and nearly forty percent of users' profiles are completely or partially public. Take time to look over the privacy and security settings of the social networking sites you use. Sites update their privacy settings every so often, so it's a good idea to keep yourself in the loop to make sure you know what information is available to the public. Over-sharing isn't just annoying for your online friends; it also makes it easy for cybercriminals to steal your identity, access personal data, or even stalk you. Be careful about how much personal information you decide to share on social networking sites. Don't click on suspicious-looking links or advertisements because it could be cybercriminals aiming to compromise your device. More Tips To Keep In Mind Create strong passwords for each of your logins to help prevent your personal information from getting stolen. A password manager is a great tool to use to generate and store hard-to-crack passwords; one of our favorites is Editors' Choice LastPass 3.0. Keep your computer well protected with antivirus software. There are a lot of great options out there; one of them is our Editors' Choice Norton Antivirus (2014). Always back up your data to a remote location just in case your device gets infected or lost. Be smart about how you monitor your personal data; you don't want crooks getting their hands on it.

Security Think Tank: ISF’s top security threats for 2014

The top security threats global businesses will face in 2014 include bring your own device (BYOD) trends in the workplace, data privacy in the cloud, brand reputational damage, privacy and regulation, cyber crime and the continued expansion of ever-present technology. As we move into 2014, attacks will continue to become more innovative and sophisticated. Unfortunately, while organisations are developing new security mechanisms, cyber criminals are cultivating new techniques to circumvent them. Businesses of all sizes must prepare for the unknown so they have the flexibility to withstand unexpected, high-impact security events. The top six threats identified by the Information Security Forum (ISF) are not the only threats that will emerge in 2014. Nor are they mutually exclusive and can combine to create even greater threat profiles. 1. BYOD trends in the workplace As the trend of employees bringing mobile devices into the workplace grows, businesses of all sizes continue to see information security risks being exploited. These risks stem from both internal and external threats, including mismanagement of the device itself, external manipulation of software vulnerabilities and the deployment of poorly tested, unreliable business applications. If the BYOD risks are too high for your organisation today, stay abreast of developments. If the risks are acceptable, ensure your BYOD programme is in place and well structured. Keep in mind that a poorly implemented personal device strategy in the workplace could face accidental disclosures due to loss of boundary between work and personal data and more business information being held in unprotected manner on consumer devices. 2. Data privacy in the cloud While the cost and efficiency benefits of cloud computing services are clear, organisations cannot afford to delay getting to grips with their information security implications. In moving their sensitive data to the cloud, all organisations must know whether the information they are holding about an individual is personally identifiable information (PII) and therefore needs adequate protection. Most governments have already created, or are in the process of developing, regulations that impose conditions on the protection and use of PII, with penalties for businesses that fail to adequately protect it. As a result, organisations need to treat privacy as both a compliance and business risk issue to reduce regulatory sanctions and commercial impacts. 3. Reputational damage Attackers have become more organised, attacks have become more sophisticated, and all threats are more dangerous, and pose more risks, to an organisation's reputation. With the speed and complexity of the threat landscape changing on a daily basis, all too often businesses are being left behind, sometimes in the wake of reputational and financial damage. Organisations need to ensure they are fully prepared and engaged to deal with these ever-emerging challenges. 4. Privacy and regulation Most governments have already created, or are in the process of creating, regulations that impose conditions on the safeguard and use of PII, with penalties for organisations that fail to sufficiently protect it. As a result, organisations need to treat privacy as both a compliance and business risk issue to reduce regulatory sanctions and commercial impacts, such as reputational damage and loss of customers due to privacy breaches. Different countries’ regulations impose different requirements on whether PII can be transferred across borders. Some have no additional requirements; others have detailed requirements. To determine what cross-border transfers will occur with a particular cloud-based system, an organisation needs to work with its cloud provider to determine where the information will be stored and processed. 5. Cyber crime Cyber space is an increasingly attractive hunting ground for criminals, activists and terrorists motivated to make money, get noticed, cause disruption or even bring down corporations and governments through online attacks. Organisations must be prepared for the unpredictable, so they have the resilience to withstand unforeseen, high-impact events. Cyber crime, along with the increase in online causes (hacktivism), the increase in cost of compliance to deal with the uptick in regulatory requirements, coupled with the relentless advances in technology against a backdrop of under-investment in security departments, can all combine to cause the perfect threat. Organisations that identify what the business relies on most will be well placed to quantify the business case to invest in resilience, therefore minimising the impact of the unforeseen. 6. The internet of things Organisations’ dependence on the internet and technology has continued to grow over the years. The rise of objects that connect themselves to the internet is releasing a surge of new opportunities for data gathering, predictive analytics and IT automation. As increased interest in setting security standards for the internet of things (IoT) escalates, it should be up to the companies themselves to continue to build security through communication and interoperability. The security threats of the IoT are broad and potentially devastating, so organisations must ensure that technology for both consumers and companies adheres to high standards of safety and security. You cannot avoid every serious incident, and while many businesses are good at incident management, few have a mature, structured approach for analysing what went wrong. As a result, they are incurring unnecessary costs and accepting inappropriate risks. By adopting a realistic, broad-based, collaborative approach to cyber security and resilience, government departments, regulators, senior business managers and information security professionals will be better able to understand the true nature of cyber threats and respond quickly and appropriately.