Penetration-Testing
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The client, a hedge fund with over $21 billion in assets, hired 2Secure Corp to perform a penetration test of their public-facing web application. The tester was able to bypass the password reset mechanism using SQL injection. To address this, 2Secure recommended the client use parameterized queries, double up single quotation marks in user input for SQL queries, and use stored procedures for database access. The client received a detailed report with recommendations to mitigate the findings. In conclusion, the penetration test helped the client improve the security and control of their web application.
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Hedge Fund Alert - Vendors List
IT Support
Data Leak Assessment tool scans computer systems for
vulnerabilities to data breaches, ensuring workstations are
secure. Vendor has long experience working with hedge
funds. Founded in 2003 by cyber-security veteran Yigal Behar.
January 2017 Printed Newsletter
In This Issue:
1. Your #1 MUST-DO Resolution For 2017
2. Free Report: What Every Small Business Owner Must Know About Protecting And Preserving their Company’s Critical Data And Computer Systems
3. 3 Ways Smart People Blow The Close
4. STAYING ON TOP
December 2016 Printed Newletter
Inside This Issue:
1. Why Cyberthugs LOVE Your Business
2. Announcing...New Promotion Managed Security PLUS Network, Servers, Workstations & Much More.
3. Download: The Ultimate Small Business Guide To Setting Up A Work-From-Home System For Your Staff.
4. 4 Steps to Become A More Genuine Leader
5. Are you keeping up with the trends? The God Protocol Blockchain
6. Enjoy!
cybersecurity-in-the-c-suite-a-matt
Cybersecurity risks affect all senior executives in an organization. While the CEO may want to delegate cybersecurity to the CTO, effective programs require input from multiple stakeholders. A comprehensive understanding of technical, financial, and regulatory risks is needed to develop an appropriate strategy. Regular communication to the CEO should focus on trends, risks, and major incidents rather than technical details. Quantifying potential financial losses from data breaches can help obtain support for necessary security investments.
HFA103013
Family offices are set to deploy over $30 billion in fresh and reallocated capital to hedge funds in the next 12 months, according to a Barclays study. Specifically, family offices will make $4 billion in fresh investments and reshuffle $29 billion of existing investments, with the capital flowing primarily to long/short equity, event-driven, and global macro strategies. At the same time, an effort by fund-of-funds manager Attalus Capital to transition to single-manager hedge funds has largely failed, with its assets shrinking to just $300 million as clients did not redeploy capital to its new funds.
fund-managers-on-the-hunt-1
The SEC is now requiring hedge fund managers to appoint a Chief Information Security Officer to oversee cybersecurity. This has prompted funds to search for candidates to fill this role. Potential candidates include the CTO, CRO, CCO, or outsourcing the work. However, the role requires expertise in technology, risk management, and compliance. Additionally, the person in the role may face personal liability if a breach occurs. As a result, funds are struggling with how to structure the position and provide appropriate resources and support.
Network-Security-Audit
A law firm with over 10 branch locations hired a security firm to audit their network security. The audit had 3 phases: discovery of all network devices, creation of network diagrams, and assessment of management access practices, device hardening practices, and network policies. The assessment highlighted any omissions in security settings and adherence to industry standards. A final report was generated that both technical and non-technical stakeholders could understand. The security firm concluded it delivered greater security, visibility and control over the law firm's infrastructure.
Incident-Response-Policy
The document discusses a case study of an incident response policy created for a software development company. The policy established a process for handling incidents that included documenting events, preserving evidence, creating an alert system, assessing damage, and reviewing responses to update policies. The policy now governs the company's response to issues affecting electronic resources like intrusions, data misuse, and hardware/software failures. Most companies ignore the risk of not having an incident response policy, and the key question is how an organization will react when an incident does occur.
More from Yigal Behar (8)
Penetration-Testing
- 1. 80 Broad Street, 5th Floor New York, NY 10004 www.2secure.biz info@2secure.biz Tel: 646-666-9601 Fax: 718-942-5355 Date: 10/19/2012 Case Study: PENETRATION TESTING AUDIT Preface: Penetration testing AKA pen-testing is a process where a tester looks for exploitable vulnera- bilities from within an IT infrastructure that may allow the tester to subvert, modify and extract infor- mation. The Case: A Hedge Fund client with more than $21 billion assets under management, was looking to perform a pen test for their public facing Web Application. In almost every Web Application you will find “password reset” function allowing users to reset their account password using secret questions. Our tester could successfully bypass this mechanism by using SQL-Injection that allowed him to finish this process successfully. To solve this, we suggested the following: 1. Used parameterized queries (also known as prepared statements) for all database access(es). 2. Doubled up any single quotation marks appearing within user input before incorporating that input into a SQL query. 3. Used stored procedures for database access. The client got a full detailed report of how to mitigate our findings with screenshots and client/server Re- ponses. In Conclusion: With our expertise, the client saved time & money and now has greater security, vis- ibility and control over its Web Application. About 2Secure Corp 2Secure is a Cyber Security firm that takes a PROACTIVE approach to solving network problems. We provide the right tools to fix problems the first time around – in fact, we guarantee it!