Organization Cultures, Good vs. Bad

Seven security cultures that can help or hurt your organization

CSO

It's hasn't been that long since my book People-Centric Security hit the shelves, but I'm already hearing "the question" pop up in my conversations.

"What's the best security culture?"

There's no one answer. "Good" culture depends on what an organization hopes to achieve. But since most security programs follow a first principle of preventing breaches, I can offer some example cultures that are more or less suited ("good" or "bad" approaches) to meeting that goal.

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An Exodus of Hidden Accounts from Switzerland

The world’s favorite new tax haven is the United States

Bloomberg

Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at Rothschild & Co., gave a talk on how the world’s wealthy elite can avoid paying taxes.

His message was clear: You can help your clients move their fortunes to the United States, free of taxes and hidden from their governments.

Some are calling it the new Switzerland.

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Confidence Scams Swindle Finnish Comanies

Police investigate bogus CEOs as listed companies lose millions to fraud

YLE UUTISET

Finland's National Bureau of Investigation is looking into several cases involving major confidence fraud that has cost Finnish stock-listed companies millions of euros. Officials are investigating nearly 40 reported cases in which the scam artists have posed as company CEOs and persuaded finance employees to pay out sums of up to one million euros. The EU’s law enforcement body Europol told Yle that it has made its firsts arrests in Israel.

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Security is Priority During Tax Season

11 tips to protect you from identity theft & related tax fraud

Forbes

If the chatter is to be believed, identity theft tops the list of taxpayer concerns for 2016. And it’s not all in your head: a 2015 Identity Fraud Study, released by Javelin Strategy & Research, found that identity thieves stole $16 billion from 12.7 million U.S. consumers in 2014, a new victim every two seconds. 

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A Promising Future for the Global Gaming Market (and Fraudsters)

There is real fraud in the underground market for in-game virtual goods

TechCrunch

The global gaming market is projected to reach $91.5 billion in 2015. While PC and console games are still mainstream, mobile is the fastest growing segment — increasing 21 percent year-over-year — thanks to the penetration of smartphones in emerging markets and the successful “freemium” revenue model of free-to-play games with in-app purchases. Reports show that users are quick to shell out money for VIP status, virtual items to boost game play or even to win the game at an average spending of $50 per user per game.

With the market booming so favorable, it is not surprising that online criminals have also found their way into the ecosystem and are creating a thriving underground market for in-game virtual goods. How do they pull this off? Here are a few attack techniques we’ve observed in the wild.

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Beware: Tax Refund Fraud is a Clever Scam

Will someone else cash your tax refund this year?

TIME

Here is the IRS’s phone number: 800-829-1040. With an anticipated $21 billion in tax refund fraud this year, you might need it. And that figure doesn’t include losses from dodges like the IRS phone scam, which has been enjoying a renaissance of late.

IRS phone frauds aren’t terribly difficult to detect. You get a call from the IRS saying you owe money and that you must pay immediately. The threat of police intervention may or may not accompany this hot and heavy approach.

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