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Information Security Webinar University at Albany MBA Education

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Dr. Goel describes the importance and value of information security in a fast paced globally connected company. His class at the University at Albany Weekend MBA program is critical to understanding the opportunities and challenges in Corporate Information Security.

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Information Security Webinar University at Albany MBA Education

  1. 1. Weekend MBA Webinar Information Security Sanjay Goel School of Business University at Albany, SUNY March 16, 2011
  2. 2. <ul><li>Information growth is constantly accelerating </li></ul><ul><li>Loss of information leads to l oss of reputation, trust, competitive edge, productivity </li></ul><ul><li>Regulatory and industry pressure to secure information (SOX, HIPAA, FISMA, PCI, etc.) </li></ul>Information A Key Organizational Asset Source: O’Reilly Volume Content Organization Time Content Growth 1990 London Library (500,000 volumes) 3000 BC Earliest written record 500 Monks copy books by hand 1450 Gutenberg’s hand press 1884 For mechanical typesetter 1480 Vatican library (3500 volumes) 1992 Internet explosion 1994 Internet Architects 1970 SGML 1876 Dewey Decimal System 330 BC Alexandria Library bibliography 660 BC Assyrian king tablets by subject
  3. 3. Information Security Largest Data Breaches Based on: Attrition Data Loss Archive and Database, FlowingData March 03 June 04 June 05 May 06 Jan. 07 Mar. 07 July 07 Sept. 07 Nov. 07 Feb. 08 Visa, MasterCard, and American Express 40 million June 19, 2005 TJX Companies, Inc. 94 million January 17, 2007 U.S. Department of Veteran Affairs 26.5 million May 22, 2006 Dai Nippon Printing Company 8.6 million March 12, 2007 Data Processors International 5 million March 6, 2003 Citigroup 30 million June 6, 2005 America Online 30 million June 24, 2004 Fidelity National Information Services 8.5 million July 3, 2007 TD Ameritrade 6.3 million Sept. 14, 2007 HM Revenue and Customs 25 million Nov. 20, 2007 Bank of NY Mellon 12.5 million Feb. 27, 2008
  4. 4. Information Security Crimes are Same Avenues Have Changed
  5. 5. <ul><li>Safeguards need to be deployed to protect against damage due to information security threats </li></ul><ul><li>Similar Strategy to </li></ul><ul><li>Street Crimes: </li></ul><ul><ul><li>Deter </li></ul></ul><ul><ul><li>Protect </li></ul></ul><ul><ul><li>Detect </li></ul></ul><ul><ul><li>Respond </li></ul></ul><ul><ul><li>Recover </li></ul></ul>Image Source: http://www.hometips.com/catimages/011810_home_security.jpg Information Security How to Protect?

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