itSMFI 2017 Forum Focus - June Forum Focus ITSMFI | Page 18

Return to Sender By Alexander Garcia-Tobar After a cyberattack, companies remain vulnerable. What CIO’s can do to protect their brands. A recent cyberattack on a well-known tech company shows that even when the toughest anti-phishing policies are in place, 70% of companies that attempt email authentication leave the final configuration incomplete. The result is that many CIOs may leave their companies even more vulnerable to phishing attacks without knowing it.. Here’s how to solve the problem. Here’s a security scenario that’s all too common: A company suffers from cyberattack, then responds to it promptly and alerts its customers, warning them to change their passwords. But the company remains vulnerable through the very means it uses to alert those customers: Email. In fact, attackers can exploit that vulnerability using email that pretends to be a security warning from the company, targeting customers and wreaking even more damage. For example, on May 31, popular cloud-based password manager OneLogin announced that it had suffered a serious security breach, and it updated its report the next day with a few more details. The company communicated with its customers and the public promptly. OneLogin said the breach involved a hacker obtaining a set of Amazon Web Service keys and using them to gain access to OneLogin’s servers on AWS and create several new instances, which they then used to do reconnaissance. According to a customer email reported by TechCrunch, “All customers served by our US data centre are affected; customer data was compromised, including the ability to decrypt encrypted data. “To its 18 itSMFI Forum Focus—June 2017