5 Major Corporate Security Uh-Ohs of 2010

Corporate Security made headlines in 2010 for all the wrong reasons. At a time when companies should be savvy enough to protect business, disgruntled employees and hackers get their hands on too much of last year. This is why it is not surprising that one of the key trends for 2011 is a focus on corporate security and data protection.

Here are the Top 5 corporate security and privacy blunders of 2010. Warning: The list probably will not shock you:

1. Wikileaks

The largest data breach in history. A few weeks ago revealed how easy it was for Bradley Manning to access more than 250,000 leaks and State Department cables sent to or from U.S. embassies around the world. The information in many of these cables is the highest level of sensitivity. It is also suspected of war Manning leaked daily logs of the war in Iraq and Afghanistan operations. Sounds like it would be difficult without access to this information? Surprisingly it was not. In the Guardian article “How to 250,000 U.S. Embassy cables were leaked,” she describes how the information is stolen:

“I would come with music on a CD-RW labeled with something like” Lady Gaga “… the music … please write a compressed file deletion split. No one suspected a thing … [I] listen and well-put lip Lady Gaga’s phone while exfiltrating perhaps the largest data spill in U.S. history. “He said he was” unprecedented access to classified networks 14 hours a day 7 days a week for 8 + months were. ”

2. Ford

corporate security is not Ford “Built Ford Tough” as the slogan of the company. In November, the former Ford worker Mike Yu pleaded guilty to trade secret theft against Ford. It appears that the former employee copied about 4,000 company documents on an external hard drive that he took with him after completing his last shift at Ford. The documents stolen by Yu does not apply to his job at the company, but he still had access to it anyways. This single act of Trade secret theft is estimated to cost Ford more than $ 50 million in losses.
3. Google

Google had two major privacy snafus this year. The first case was Buzz and the second for “Wi-Fi sniffing”. In the case of Buzz is a class action lawsuit has been filed against Google because the personal data which Gmail users was made available to the public without permission or knowledge of its users. The Wi-Fi espionage case, the Computer World article, “Sniffing Google Stops Wi-Fi Data Privacy After Gaffe, reads as follows:

“Google has decided that its Street View vehicles stop sniffing wireless data after an embarrassing privacy blunder. The company revealed that Street View vehicles were the content of users’ Internet communications on open wireless networks sniffed, despite earlier statements by the Company to the contrary. Google has since discovered that it was wrong, the content of communications of non-password protected Wi-Fi networks to collect. ”

4. Goldman Sachs

In February, a former Goldman Sachs employee, Sergey Aleynikov sued for trade secret theft. On his last day with the company, transferred Aleynikov computer code with respect to high frequency trading platform company to a computer server in another country. He was left to work for another company to help them develop a similar platform, so he must have thought that having the code would be Goldman Sachs job a little easier.Aleynikov would wind up with a 25 years prison sentence for his actions.
5. UBS

Potatoes and frequent-flyer miles just a few of the terms used in an attempt to mask information is leaked from now former UBS employee Igor Poteroba. The Reuters article, “UBS Banker Uses encrypted e-mail us-for Insider Trades,”

“The leaked information relating to future announcements of mergers or acquisitions involving six listed companies in healthcare.”

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