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February 5th, 2008 - Poor IT Infrastructure Led to French Bank Trading Losses
(IDG News Service) The huge losses reported by
French bank Société Générale, apparently caused by a rogue trader with inside
knowledge of the bank's procedures, don't necessarily point to an IT systems
failure but rather to poor management of those systems, analysts say.
The bank has accused 31-year-old employee Jerome
Kerviel of creating a fraudulent trading position in the bank's computers that
ultimately caused it to lose around $7.3 billion.

Kerviel achieved this by, among other
things, misappropriating computer passwords, the bank said. It has revealed few
other technical details of what caused the losses.
Management of passwords, including rescinding the old
passwords of employees who move to different positions within the bank, or
modifying the level of access those passwords allow, is often a task given to
the lowest-level IT worker.
It is a dull and routine 99 percent of the time,
but a vital backstop, said senior analyst at the TowerGroup. Senior IT managers should
conduct more frequent reviews of password policies, he said.
In some cases, it may not have been the security of
the passwords themselves that posed a problem, but rather the access those
passwords allowed, said Ian Walden, professor of information and communications
law at Queen Mary, University of London.
Organizations tend to think of access as being binary
in nature: you get access to it all, or you don't, Walden said. In reality,
there are many more levels of access. In modern, complicated systems, the
granularity has to be much more sophisticated.
To make the best use of systems with advanced access
controls, the IT department must have a thorough understanding of how the
business works and where there is risk.
IT departments and business managers have yet to find
a way to wrap security into business processes so it is not an impediment,
Walden said.
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January 30th, 2008 - Power Cost for Cooling Data Centers Doubles
The issue of power and cooling in the datacenter has
become a top priority for IT executives. Working with customers and applying IDC
data sets against industry standards of datacenter thermal metrics, it is
apparent that the evolution of the
datacenter
has been outpaced by the rate of server technology advancement. Driven by
demands for higher levels of compute performance, yet constrained by tight
budgets, datacenters have increased in density, with smaller servers running
faster processors. The resulting rise in power consumption has become a
significant cost factor for the businessÂ’ operating expense, while cooling
capacity has become a limiting factor in terms of IT expansion. In 2005, $26.1
billion was spent to power and cool the worldwide installed base of servers.
This is more than double the cost from 10 years ago of $10.3 billion. Additional
findings include:
- Over the next five years, the expense to power and cool the worldwide
installed base of servers is projected to grow four times compared with the
growth rate for new server spending. IDC expects server power and cooling
costs to increase at an 11.2% CAGR to $44.5 billion over the forecast period.
This expense is equal to 70% of the overall new server spending in 2010.
- IDC has learned that there is an organizational disconnect within most
companies between IT purchasers and the facilities personnel who are
responsible for utilities within the datacenter. Proactive companies are
merging facilities with IT to better measure and manage datacenter operation
costs.
- It critical that IT vendors position themselves as part of the solution
rather than part of the problem. There is significant opportunity for vendors
that develop a product message that resonates with the multiple customer
stakeholders, including facilities, IT purchasers, datacenter managers, and
finance.
- Customers are shifting their purchasing criteria, taking into
consideration not only system performance but also the power and thermal
characteristics. The industry is responding with energy-efficient systems,
power management tools, and advanced cooling
technology.
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January 27th, 2008 - In a pandemic telecommuting may be wishful thinking
(Computerworld) The financial services industry is
confident that it would be able to continue delivering essential services to
customers during an influenza pandemic, even if 50% of the employees at firms
didn't show up at their offices.
That is one
of the key conclusions in a report released Thursday that assesses the results
of what may been the largest pandemic planning test done in the U.S. thus
far.
But the report which
was prepared by the U.S. Department of the
Treasury and two financial services panels, one
an industry group and the other made up of government regulators — does caution
that even well-prepared telecommuting plans could face problems in the event of
a pandemic. Specifically, it warns that increased use of the Internet by at-home
workers, recreational users and other Web surfers likely would reduce
residential-service throughput to just 50% of the normal rates because of
bandwidth limitations in the so-called last mile — the cables that connect
houses to the Net.
The report distills the main findings gleaned from
the pandemic test, which was conducted over a three-week period in September and
October. The test forced planners at financial services firms to consider how
their operations would fare if the avian flu began spreading rapidly among
humans. Questionnaires distributed as part of the test generated a total of
about 400,000 responses from banks, trading firms, insurance companies and
businesses that offer clearance and settlement services.
In addition
to raising concerns about performance problems for remote workers, the report
challenges some notions about the importance of telecommuting's role during a
pandemic. For instance, many small and midsize organizations said in the
questionnaires that telecommuting isn't feasible for employees because their
jobs can't be done remotely. Some also said that they don't have the necessary
IT equipment to support telecommuting or that they're concerned about security
issues.
One of the things that could help firms deal with a
pandemic is cross-training of employees, which the report noted is a
"long-standing" practice in the financial services industry.
"During the height of the [simulated] pandemic, a
substantial majority of organizations across the sector reported that they had a
sufficient number of cross-trained employees to conduct essential operations and
to meet increased online customer demand," the report said.
Another issue raised in the report, though, is the
fact that most of the companies that participated in the test — 88% — either
didn't have stockpiles of antiviral medications such as Tamiflu and Relenza, or
else had decided not to distribute them to workers. Instead, they relied on
so-called personal protection equipment, which could include gloves and face
masks.
The report said that companies "may wish to consider
stockpiling and distributing antiviral medications, because they may reduce
morbidity and mortality, and because they may diminish the overwhelming demands
that will be placed on the health care system by a pandemic." But it also warned
that there could be liability issues related to the distribution of the
medications.
Pandemic planners consider a range of external
issues, such as rolling blackouts and brownouts in urban areas. Ground mail and
overnight delivery services also likely would suffer during a pandemic. Travel
would be affected, with airline flights likely being reduced and fuel prices
increasing significantly. Within the financial services industry itself, large
numbers of bank branches might close, and trading hours could be
shortened.
There are plenty of other unknowns — for instance,
how many workers would actually go to their offices? The report indicates that
employers can't be certain of that. The test, it said, "didn't investigate the
willingness of employees to come to work in the context of the dangers — both
real and perceived — [that would be] posed by a
pandemic."
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January 14th, 2008 - Metrics and Security
Just
like any other facet in a company, even IT security has to be measured. Without
such measurement, the company cannot know for sure if the system incorporated by
IT security is indeed as efficient as it should be. This is precisely why there
is a need for IT security metrics to be implemented. Janco has a
HandiGuide , Metrics for the Internet, Information
Technology, and Service Management, which has
specific metrics defined for every facet of IT technology.
In its
simplest form, there are a number of levels at which IT security metrics can be
obtained in company or an organization. But what usually happens here is that
metrics are collected right down at the system level. Depending on the need and
the size of the company or organization, these metrics are then moved upwards
onto higher levels. Regardless of how these detailed metrics are moved upwards,
what remains here is the fact that IT security metrics should be founded on the
objectives and performance goals implemented by IT security.
If you are
wondering just how IT security metrics can monitor the progress of such
objectives and goals being accomplished, it is actually quite pretty simple. It
is through the quantifying of certain aspects entailed in the process. These
aspects include the security controls implemented, as well as the efficiency of
such controls, the analysis on just how adequate certain implemented activities
concerning security have been, and the identification of proper courses of action geared towards improvement. All
of these aspects should be quantified so that the accomplishment of said
objectives and goals would be achieved in the long run. Aside from these, the
objectives and goals of other facets in the organization have to be determined
and added to the list of priorities as well. This should be done so that all
measurable factors of security performance will be guided accordingly, with the
company's operational priorities in mind. These measurable factors include the
objectives and goals of legislation, federal, regulations, and both external and
internal guidance.
It is very
difficult to compare collected data if they are not quantifiable because it is
through the use of quantifiable data that unbiased comparisons would be made.
What's more, without quantifiable data, it would be very hard to utilize the
appropriate formulas needed for further data analysis. Aside from the data being
quantifiable, the process used in the analysis of such data should be measurable
as well.
Beyond being quantifiable, IT security metrics have to be
accurate in monitoring the overall performance of the company, as well as
directing its funds and resources accordingly. For IT security metrics to be
very beneficial, these should have the ability to determine and predict future
trends in terms of performance. This way, the company can come up with the much
needed solutions to address future needs that would come about.
There is
no question about it that the utilization of IT security metrics is indeed very
beneficial. There are many organizational benefits to this endeavor. Firstly,
the data collected actually enables the members of the management to determine
the specific controls that are not enforced correctly. These controls may be
operational, technical, or even managerial in nature. With the implementation of
IT security metrics, these are determined more easily.
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January 14th, 2008 - Multiple Data Centers Ease Disaster Recovery Process
(NetworkWorld) Data center consolidation is all the rage, enterprises are taking geographically distributed data centers and
collapsing them into one or two centrally managed
locations that are less expensive and easier to
operate.
But data center consolidation isnÂ’t
for everyone. Analysts say there are numerous reasons to maintain a distributed model. Bucking the trend to combine locations, some companies are
building new data centers or adding to their
existing footprint by renting more space in
co-location facilities.
Disaster recovery is one of the most common reasons that enterprise stick with
multiple data centers, says an analyst of the
Taneja Group. When
you have multiple data centers they can act as
disaster recovery sites for each other, and
therein lies the value. Having one data center is never going to be enough. I am going to have to have a disaster-recovery site whether it is my own, or I borrow from somebody.
Real estate prices sometimes make
building another data center the right
option. Say a company in a large metropolitan area such as Manhattan has run out of data center space and
capacity for power and cooling. Expanding into
another floor in a Manhattan high-rise is
prohibitively expensive, so it
is considerably less expensive to build an
extra data center in New Jersey, says a
systems group marketing manager for Sun Microsystems.
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December 30th, 2007 - Google Misses on a Key Patent
(IDG News Service) -- Google
Inc.'s browser tool bar is back in court on
patent infringement charges, after a U.S. court of appeals overturned part of a
lower court decision. Google's AdSense contextual advertising service,
though, is in the clear.
Hyperphrase Technologies LLC filed suit against
Google in April 2006, alleging that Google's AdSense and the AutoLink function
of its tool bar infringed on four Hyperphrase patents relating to the contextual
linking and presentation of information. The U.S. District Court for the Western
District of Wisconsin rejected the allegations in a summary judgment in Google's
favor; Hyperphrase appealed.
On Wednesday, the U.S. Court of Appeals for
the Federal Circuit upheld the parts of the summary judgment relating to
AdSense, and some of the claims against AutoLink, but it overturned the part of
the ruling dealing with AutoLink's alleged infringement on two of the patents.
It remanded the case to the district court to be re-examined.
AutoLink
parses Web pages for text fragments in certain formats and then transforms them
into links to Web pages it deems appropriate. For instance, it will link
publication International Standard Book Numbers (ISBN) to a corresponding
listing on Amazon.com Inc.'s bookstore, or it will link package tracking numbers
to pages showing delivery status. It will similarly process U.S. street
addresses and U.S. vehicle identification numbers.
In its ruling, the
appeals court found that the district court had considered an inappropriate
interpretation for "data reference," one of the terms used in the patent claims
to describe the way a link is made between a fragment of text and an element in
a database. The court of appeals remanded the case to the district court to
determine whether AutoLink infringed on the patents under the new interpretation
it suggested.
Some have likened AutoLink, introduced in early 2005, to
an earlier initiative from Microsoft
Corp. called Smart Tags, which sought to add
links determined by Microsoft to certain keywords appearing on Web pages viewed
through its Internet Explorer browser.
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December 15th, 2007 - Microsoft Fails to Get Users to Accept Vista After One Year Effort
(Janco) Eventhough Microsoft owns the OS market in the commercial marketplace,
the market share of Vista is still only a little over 9% after one year.
Currently almost 95% of all systems that browse the internet are some form of
the Windows OS.
In is Browser and OS Market Share study,
which is to be release on January 3rd, Jancofound that most users are not really
interested in the OS. Rather they are interested in the way that they can
use the systems to meet their needs.
Janco found they are basically two
types of Vista users:
- Early adopters - individuals and enterprises who
must have the latest technology.
- Developers - individuals and enterprises that
develop products either for internal distribution or external
sale.
Many users are waiting for Vista Service Pack 1
to be delivered before they will install it on more
workstations.

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December 5th, 2007 - Google to send business addresses to TomTom devices
(Computerworld) -- TomTom
International BV has teamed with Google
Inc. to make it easier for users to search for and send
business addresses from Google Maps to
their TomTom portable navigation devices.
"The ability to search, find and send information from the Web to
a TomTom is something we have been investing in for some time now," said Eric
Pité, vice president for product management at TomTom, in a statement. "This cooperation represents a major step for
TomTom in meeting the growing demands of our customers for personalized content
for their TomTom devices."
Google has expanded the local search pages of Google Maps by
adding "Send to GPS" to its "Send to" feature, according to the statement. That
means TomTom users can add business addresses to their devices without having to
download .zip files. After a user searches for a business address on Google
Maps, all he has to do is click on the "Send to GPS" button to transfer the
information to his TomTom device.
The information is transferred to the device when it is
connected to the Internet via TomTom Home, the company's free software
application. Once this is completed, motorists can view the location of the
business on the map on the TomTom device as well as navigate to the destination.
The address can also be saved on the device as a "favorite" for later use,
TomTom International said.
"We are constantly working to make our maps more useful so they
become a one-stop shop for finding all the local information and directions that
people need," said Giorgio Scherl, a Google product manager, in the
statement.
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November 27th, 2007 - IT Professionals are busy over the holidays
IT
stands among the ranks of vital professionals (healthcare, public safety workers
and government) for whom evenings, weekends and holidays are par for the
workplace course.
However, without the glamour associated with
saving lives, restoring heat to freezing homes or guiding people through the sky
so they can be reunited with their loved ones for the holiday, few even realize
that IT is keeping the lights on.
For IT professionals, the biggest holidays of the
year are rarely a cause for celebration. Systems need to be upgraded when the
office is shut down and all too often, servers partake in a Murphy's Law, going
haywire when there are the fewest people around to restore them.
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November 10th, 2007 - Mobility adds to the security challenge
Businesses today face new security threats such as zero
day
exploits, drive
by
downloading
and phishing. Additionally, hackers are using new conduits such as instant
messaging, peer
to
peer
and wireless connections to deliver their attacks.
At the same time, the aim of todayÂ’s attacks has also changed. There is
a shift towards more financial damage due to the theft of sensitive company
data.
To
protect against these threats requires security products that guard against
malware and intrusions. Additionally, mobile workers need a secure way to share
information, retrieve e‑mail
and access company applications and
resources.
Increasingly, businesses are looking to integrated solutions that combine
multiple forms of protection. [Unified Threat Management (UTM) appliances]
enable managers to protect their networks through a single administrative
interface without the burden of running multiple servers. As a result, UTM
appliances offer a lower cost of ownership than traditional
solutions.
With mobile workers, the challenge becomes how to ensure
they:
-
Keep their security software up to date
-
Install new patches as they become
available
-
Do not tamper with their security settings and
firewalls
-
Keep their portable equipment safe from physical
theft
Businesses need to educate their mobile workers to employ best practices
and monitor their users security solutions
constantly.
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November 9th, 2007 - Smartphones are a Back Door to Security Breaches
Have you secured you data from
Smartphones?

Professionals are increasingly realizing the
productivity benefits of mobile devices such as Smartphones, personal digital
assistants (PDAs) and converged PDA/phones. While this mobile revolution is an
advantage to professionals, it is creating a tremendous security management
challenge for CIOs and other IT professionals. Proprietary and confidential data
is now moving outside of the secure perimeter of the enterprise and onto mobile
devices that can be located anywhere in the world. WhatÂ’s more, these devices
have a variety of data communication and storage technologies, such as
e-mail/PIM synchronization software, infrared data transmission, Bluetooth and
removable data storage. As a result, it is easy for mobile devices to become
strongholds of enterprise information.
Unless actions are taken to secure
this information, the mobile device represents a potentially severe security
risk to the enterprise.
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November 5th, 2007 - Spammer Get Two Years in Jail
Man
gets two years jail for AOL spam scam
(Reuters)
- A New Jersey man was sentenced to more than two years in prison on Friday for
helping send spam e-mails to more than 1.2 million America Online
subscribers.
Todd Moeller, 28, was sentenced 27 months in prison
in a federal court in New York after he was caught making a deal with a
government informant to send junk e-mails advertising a computer security
program in return for 50 percent of the profits, the U.S. Attorneys Office in
Manhattan said.
Moeller and Adam Vitale of New York pleaded guilty earlier this
year to breaking anti-spam laws and defeating AOLs filter system by using a
variety of computer servers and changing the header information on e-mails to
ensure they could not be traced, court papers said.
Moeller told the informant via instant messaging he
could conceal the source of the e-mails through his access to 40 different
servers and had profited $40,000 a month from other spam e-mail scams that
promoted stocks, prosecutors said.
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November 2nd, 2007 - Audit Programs Expanded
Just released Disaster Recovery Audit
Program Meets Sarbanes-Oxley Requirements
Disaster Recovery / Business
Continuity Audit program identifies control objectives that are meet by the
audit program. There are 36 specific items that the audit covers.
The program is available as a stand alone product as well as being included in
the Disaster Recovery / Business Continuity
Template.
The template was created to meet the requirements of
Sarbanes-Oxley, HIPAA, ISO 17799, and PCI-DSS.
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October 31st, 2007 - Internet Service Monitor Program Launched
Internet Server
Monitor
Automated server and network monitoring
Internet Server Monitor is a network monitoring tool
that enables systems administrators to automatically monitor the network for
failures and recoveries. With Internet Network Server Monitor, you can identify
issues and fix unexpected conditions before your users or managers report them
to you.
Maximize uptime
Internet Server Monitor maximizes network
availability by monitoring network servers, services and applications
(resources) running on your Windows and Linux servers, workstations, and devices
such as routers. When a failure or recovery is detected, Internet Server Monitor
can alert you remotely by email, pager or SMS, as well as on your desktop via
system tray icon status and popup, sound, or message box. Failures and
recoveries can optionally be logged to any Windows Event Log or your syslog
server.
Performs real tests, rather than deducing status
from port scans
Internet Server Monitor actually handshakes with
network resources. In some cases specific functions are called enabling Internet
Server Monitor to not only determine if a network resource is available, but the
resource is functioning adequately.
Affordable monitoring made easy
Internet Server Monitor uses the latest user
interface components, is easy to set up and use, and is priced well below our
leading competition. Unlike much of our large corporate world competition, being
a smaller software company enables us to quickly respond to feature requests
with a typical turn around time of 2 weeks for simple requests and 1 month for
significant requests. We also offer one year of software updates and free toll
free phone and email technical support.
Download now
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October 27th, 2007 - 2007 IT Salary Survey Released by Janco
The 2007 IT Salary Survey has just been released by
Janco. The some of the summary results are:
|
Benchmark 4th
Quartile |
Prior Mean
|
Current
Mean |
|
|
|
Prior |
Current |
Percent
Change |
Base |
Total |
Base |
Total |
Percent
Change |
|
Executives |
$195,667 |
$197,766 |
1.09% |
$125,662 |
$140,550 |
$128,010 |
$143,243 |
1.92% |
|
Middle
Managers |
$100,182 |
$101,969 |
1.78% |
$74,976 |
$78,858 |
$76,441 |
$80,527 |
2.14% |
|
Staff |
$94,216 |
$94,958 |
0.79% |
$63,009 |
$66,174 |
$63,570 |
$66,939 |
1.16% |
|
Large
Enterprise |
$109,415 |
$110,803 |
1.27% |
$76,143 |
$81,078 |
$77,333 |
$82,498 |
1.75% |
|
|
|
|
|
|
|
|
|
|
|
Executives |
$189,745 |
$195,144 |
2.85% |
$114,006 |
$128,464 |
$113,251 |
$127,439 |
-0.80% |
|
Middle
Managers |
$103,005 |
$104,764 |
1.71% |
$70,271 |
$74,978 |
$70,177 |
$74,076 |
-1.20% |
|
Staff |
$87,545 |
$89,639 |
2.39% |
$57,330 |
$59,727 |
$58,120 |
$60,303 |
0.96% |
|
Mid-Size
Enterprises |
$107,134 |
$109,484 |
2.19% |
$70,168 |
$75,096 |
$70,367 |
$74,806 |
-0.39% |
|
|
|
|
|
|
|
|
|
|
|
IT Averages All
|
$108,274 |
$110,143 |
1.73% |
$73,155 |
$78,087 |
$73,850 |
$78,652 |
0.72% |
A free copy of the summary results are available at
http://www.it-toolkits.com/Salary.htm
more info
October 27th, 2007 - CSOs Know The Next Security Breach is Around the Corner
More
than Security Policies and Procedures Are Need to Stop a
Security
If you the Chief Security
Officer (CSO), you probably do not question whether your enterprise will
experience a serious data loss, but rather when the loss will occur. It is
pretty clear that the loss of trade secrets, personal employee data or
confidential customer information can cause serious harm to an enterprise. It
could even lead to civil litigation if the data loss breaches nondisclosure
obligations.
Recent case law has
proven just how much of a legal duty companies have to properly safeguard data.
And states have started to pass laws requiring companies to warn those who may
be affected by data security breaches.
Despite increasing
security efforts, the Internet today remains the Wild West of data security,
where employees and their friends often freely discuss information that may be
highly confidential. An even more elusive threat may be people outside the
companies who overhear or inadvertently learn confidential information. In the
wrong hands, this information can circulate the globe on the Internet in a
matter of hours. For the CSO, the importance of a sound data security program
has never been greater.
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October 23rd, 2007 - Ban on Internet TransactionTaxes Exended by Congress

Ban on Net Tax Extended but Not Made
Permanent
A U.S. House of Representatives committee has voted
to extend an Internet tax moratorium for four years, but declined to make the
tax ban permanent, as some lawmakers had advocated. The House Judiciary
Committee voted unanimously to approve an amendment to the Internet Tax Freedom
Act.
The current ban on access and other taxes unique to
the Internet expires this November. Congress first passed the Internet tax
moratorium in 1998.
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October 23rd, 2007 - Mistakes Made by CIOs and CTOs
CIOs and CTOs that fail typically commit 3 out of the 5 fatal
errors. These errors
are:
-
Cutting
staff without thinking about the impact on the staff that remain
-
Choosing a
vendor based on price without taking into consideration the quality and
knowledge loss
-
Eliminating contactors and 3rd party service providers
who have unique experience and knowledge of the enterprises IT functions and
operations
-
Waiting
too long before upgrading software, network and hardware
-
Consolidating space for equipment and people without considering
the ramifications of the complexity of the
consodidation
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