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APT Equals FUD
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Susan_Nunziata
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Susan_Nunziata,
User Rank: Strategist
8/28/2014 | 7:41:12 PM
Breach news equals FUD
@John: Today's news of JP Morgan Chase makes your post extremely well-timed. While I agree that FUD is not a sensible long-term approach to encouraging stepped up security efforts for businesses, I do wonder what it will take for greater investment to be made. For example, according to Bloomberg, "JPMorgan Chase spends about $200 million each year to protect itself from cyber attacks." That seems to me to be an alarmingly low figure for a company of this size that's handling global financial data for millions and millinos of individuals and corporations. Would greater investment in cyber security in general help organizations gain better footing against these attacks? And, if so, how do you advise CISOs and others to make the business case for such investment?
zerox203
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zerox203,
User Rank: Ninja
8/30/2014 | 3:34:07 AM
RE: APT Equals FUD
Thanks for this, John. I think people would rather not talk about security - on a basic level, it's not as 'fun' as talking about the latest gadget or 'X as a Service', and on a deeper level, as you point it, it's scary and can even breed mistrust and confusion. It's no wonder that people don't want to talk about it! But, it's important that we do, and I'm glad to see that Interop still has a whole track devoted to security and that we have accredited professionals like you willing to write articles like this and advise your peers on best practices.  You'll certainly get no argument from me for caling them out on FUD.

What you call FUD is no stranger to people from many industries, but when you're talking about information security there's a special way that you can make it sound scary. There what you call the 'known unknown' and the 'unknown unknown' - you can never know what you don't know, and nefarious people on the other side of the world could be up to anything. That's not a myth at all, either - there are some scary stories about government-sponsored espionage and worse. That being said, I agree that it's pretty unlikely these people are calling their work 'advanced persistent threats', and that means we probably shouldn't either. Let's focus on beefing up our security.


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