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Identity Theft Jorge Sebastiรฃo Founder and CEO
May 2006 โ€“ Veterans Administration laptop with personal information on 26.5M veterans is stolen.  โ€œTotal losses could top $500M.โ€ โ€“ VA Secretary Nicholson Jan 2007- Hackers stole data from at least 45.7 million credit and debit cards at retailer T.J.Maxx โ€“ total costs could exceed $1.0B  May 2006 โ€“ CIO, CSO fired Ohio University 137,000 student accounts compromised
More Stats ,[object Object],[object Object],[object Object]
News
More sophisticated Attacks
What happens when Hackers grow UP? Criminals
ATM Attack-1
ATM Attack-2?
Skimmer โ€ข  Capacity > 2500 credit cards โ€ข  40 hours Operations โ€ข  Panic button  can deleted information to avoid prosecution. โ€ข  Cost = $500
Credit Cards for Sale
Identity Theft brokers
What Is Identity Theft? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ID Theftโ€“ The old way ,[object Object],[object Object],[object Object],[object Object],[object Object]
ID Theftโ€“ New Way Phishing / Pharming Hijack/Skimming
Online Applications Role **2007 top 5-WOASP attacks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Victim's browser sends a pre-authenticated request to a vulnerable web application, which then executes hostile actions in the browser. Cross Site Request Forgery (CSRF) 5 Attackers can manipulate information exposed as a URL or form parameter without authorization. Insecure Direct Object Reference 4 Include hostile code and data in file accepted by web application, resulting in devastating attacks, such as total server compromise. Malicious File Execution 3 Injection occurs when user-supplied data is sent to an interpreter as part of a command or query. Injection Flaws 2 XSS flaws occur whenever an application takes user supplied data & sends it to a web browser without first validating that content. Cross Site Scripting (XSS) 1
Social Engineering
Social Engineering ,[object Object],Schrage, Michael. 2005. Retrieved from http://www.technologyreview.com/articles/05/03/issue/review_password.asp?p=1 Bar of chocolate
People is the biggest problem?
WHAT CAN YOU DO? ,[object Object],[object Object],[object Object]
DETER = Protect ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DETECT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DEFEND = Respond ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Online Resources
Old ID Systems  ID CARD CPR CARD Driving License
Replaced by Modern ID Systems  ,[object Object],[object Object],[object Object],Storage  CHIP All external information is duplicated In the Chip in addition to other data of the combined cards. ,[object Object],[object Object],Biometrics
Biometrics also victim
Banks Credit Card Technological Safeguards  Truncation of Account Numbers CISP Verified By Visa Issuersโ€™ Clearinghouse Advanced Authorization  CVV  Address Verification CVV2  Technology Innovations
Free Services to customers
End User Awareness
Questions? [email_address]

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