Largest-Ever US Financial Hack

By   ISBuzz Team
Writer , Information Security Buzz | Nov 22, 2015 10:00 pm PST

In the latest news that the US Attorney General has filed charges against three men in in the US’s largest ever hacking/cybercrime case. It’s amazing that even JP Morgan, one of the world’s most well-funded and protected financial organizations, among many others, could have fallen prey to such a disastrous hack, but there’s a simple reason for it, according to Art Gilliland, the CEO of Skyport Systems and former SVP and GM of enterprise security for HP.

Art Gilliland, CEO, Skyport Systems said :

“No matter what size your organization is or how much budget you have, it’s just too tough to run on the security protection treadmill, from patch to patch and fix to fix. Even the most secure systems are a tangle of dozens of different tools, which take a computer science degree to understand, a team of security experts to integrate and an impossible budget to sufficiently fund. There are entirely too many products and services, too many updates and patches, too many holes and far too much expense for any organization to manage. As long as humans are involved in security management – there will always be a machine or app able to find that one-in-a-million vulnerability to exploit. Currently predominant security measures are failing, loudly, every day.”

[su_box title=”About Skyport Systems” style=”noise” box_color=”#336588″]skyport systemsAt Skyport Systems we develop Hyper-Secured Infrastructure that ensures the security of critical IT and corporate assets, with tight integration of compute, security, virtualization and policy management. We believe that computing infrastructure should be secured-by-default, starting with a secure supply-chain, validating the hardware and software integrity continuously, add an additional policy enforcement point as close to the workload as possible, and continuously monitor and audit every transaction, connection, and administrative action with a secure data warehouse.[/su_box]