Cybersecurity analysis, threat intelligence, and IT governance insights.
In 1999, Hershey's Foods Corporation went live with an SAP R/3 implementation on 9 July, during the peak season for Halloween candy orders. The system was not ready. Hershey's could not fill 100 million dollars worth of orders. Data conversion and migration controls exist to ensure that when you move to a new system, your business can still run.
In January 2017, a GitLab.com database administrator accidentally deleted the primary production database while attempting to remove data from a replica. The mistake cost approximately 6 hours of customer data and took 18 hours to restore from a backup that was not complete. The incident is a case study in what happens when production access is routine.
In April 2018, TSB Bank attempted to migrate 5.4 million customer accounts from a legacy platform to a new system. The migration failed. 1.9 million customers were locked out of their accounts. Some saw other customers' balances. The failures traced back to application change management controls that were inadequate for the scale and complexity of the migration.
On 2 July 2021, the REvil ransomware group exploited zero-day vulnerabilities in Kaseya VSA to push ransomware to up to 1,500 businesses through their managed service providers. Kaseya was already working on patches. They were not deployed before the attack. Patch management is not just a technical process: it is a race with a deadline.
On 1 August 2012, a software deployment error at Knight Capital Group triggered an automated trading loop that generated $440 million in losses before humans could stop it. The failure was not in the code. It was in the change management process that allowed eight production servers to be updated without confirming all eight had been updated.
Application access reviews are the periodic process of certifying that every active user in a finance, payroll, or ERP system still needs the access they have. When reviews are skipped, rubber-stamped, or incomplete, former employees retain access, role creep accumulates, and segregation of duties violations persist undetected.
Automated batch processing runs payroll, closes the general ledger, executes payment runs, and feeds financial statements. When batch job configurations can be changed without authorisation controls or output validation, a single modification can corrupt financial data at scale, silently and at speed.
In 2017, a Bupa Global employee with broad database access downloaded the health insurance data of half a million customers and attempted to sell it. Application database access controls determine whether a single authorised user can reach every record in your finance and health systems, or only the records they need.
In 2016, a Sage Group employee used unauthorised internal application credentials to access the payroll and HR data of approximately 280 UK businesses. Application privileged access controls, specifically who holds superuser and administrator roles in finance and HR systems, are the controls that determine whether a single malicious insider can reach every record in the system.
In 2016, attackers sent fraudulent SWIFT payment messages from Bangladesh Bank and stole USD $81 million. The SWIFT terminal operated with limited individual attribution controls. In finance and ERP systems, generic and shared accounts are not just an audit issue: they are a fraud enabler.
A former Cisco engineer's cloud application access was never revoked after his resignation. Five months later, he logged in to AWS and deleted virtual machines serving 16,000 WebEx Teams customers. Application termination controls are not optional. They are the last line of defence against the access you forgot to close.
Jérôme Kerviel lost Société Générale EUR 4.9 billion because he had access to both trading and the back-office confirmation systems that should have caught him. Segregation of duties is the control that requires two hands on the transaction. When one person can do it all, fraud becomes possible.
At UPMC, the personal data of 62,000 employees was stolen through the HR and payroll system by an insider with excessive access. The data was used to file fraudulent tax returns. Application new user access controls determine who reaches what, and whether that combination can be used for harm.
In 2021, the world's largest meat processor paid USD $11 million in ransomware to protect operations that feed millions. The attack entered through weak authentication on remote access into their production ERP environment. Application authentication is not an afterthought. It is the first line of defence for your most sensitive business data.
The EUR 1.9 billion Wirecard fraud was one of the largest accounting scandals in German corporate history. The employees who maintained the fraudulent records had access to financial systems that was never reviewed, never challenged, and never revoked. Access reviews are the periodic question: should this person still have this access?
In July 2020, a teenager convinced Twitter employees to hand over access to an internal admin tool that could control any account on the platform. Obama, Biden, Musk, and Apple were among the victims. Privileged access management is the control that limits the blast radius when an insider is compromised.
A Ubiquiti employee used shared cloud admin credentials to steal gigabytes of data, then posed as an anonymous hacker demanding a ransom. When everyone knows the password, nobody can be held accountable. Generic and shared accounts are the accountability gap that auditors close.
Christopher Dobbins was terminated by Stradis Healthcare and used retained credentials to delete thousands of records needed to ship personal protective equipment during a global pandemic. Access termination is not an HR process. It is a security control.
The moment a new user is granted access is the moment risk enters the system. Overprovisioning at onboarding is one of the most common and most consequential access control failures in modern organisations. Here is what it looks like, why it happens, and how auditors test it.
In 2022, the Lapsus$ group compromised Microsoft, Okta, Samsung, and Nvidia by spamming push MFA notifications until tired users approved. Cloudflare was also targeted. Their FIDO2 hardware keys made the attack irrelevant. Authentication is the control that decides which outcome you get.
The EU's Digital Operational Resilience Act makes surviving an IT disruption a matter of law for financial firms, and fintechs are squarely in scope. Here are the five pillars, the third-party trap, and where the accountability actually sits.
In critical infrastructure a network breach is not a data problem, it is a physical one. Here is why segmentation is the control that keeps a compromised laptop away from a turbine, and why the VPN meant to protect the network is so often the way in.
In an online gaming platform the financial truth lives in a database, and that database increasingly lives in the cloud on infrastructure the operator does not run. Here is how a SOC 1 gives assurance over it, and what an auditor actually tests.
For a SaaS company, a SOC 2 is the report a serious customer wants before they trust you with their data. Here is what the Trust Services Criteria actually mean, how SOC 2 differs from SOC 1, and how to read one properly.
An e-gaming platform is a stack, not a single system. Audit only the application and you have checked the shop window. Here is how to scope the full three layers, application, operating system and database, in the cloud.
In April 2023, Samsung discovered that employees had pasted confidential source code, test sequences, and internal meeting notes into ChatGPT in three separate incidents. The data cannot be retrieved. AI Controls exist to prevent exactly this scenario.
LastPass was breached twice in 2022. The second breach exploited a DevOps engineer's home computer to reach cloud backups that held encrypted vaults for 33 million users. Periodic security assessments of the cloud environment should have identified the path. They did not.
In 2016, attackers accessed Uber's GitHub, found AWS credentials in plain text, and downloaded 57 million user records. The entire attack was detectable. The signals existed. No system was watching and correlating them. That is what a SIEM is for.
Capital One's 2019 breach exposed 100 million customer records. AWS CloudTrail logs captured every step of the attack in real time. Nobody was watching. Event Logging is the control that turns data into detection.
Attackers do not always break through your front door. Sometimes they walk in through a vendor's access. The Target breach is the textbook case, and the lessons still apply a decade later.
Equifax knew about the Apache Struts vulnerability. A patch existed. The risk was real and documented. The breach happened anyway. That is the definitive case for why IT Risk Management is an audit control, not a planning exercise.
When Marriott acquired Starwood in 2016, they inherited a compromised network. Because the two environments were poorly segmented, attackers moved freely for four years. Network Architecture is the control that determines how far a breach can travel.
The SolarWinds SUNBURST attack compromised 18,000 organisations. The malware called home for months. Egress filtering and network security controls should have caught it. Here is what was missing and what auditors check.
In May 2017, WannaCry ransomware spread across 150 countries in hours. The NHS lost 19,000 appointments. The vulnerability it exploited had been patched two months earlier. Endpoint protection is the control that closes that gap.
A Morgan Stanley financial adviser downloaded the details of 730,000 clients to a personal device over 18 months. Data Loss Prevention controls should have caught it. When they did not, the cost was a $1 million regulatory fine and a breach affecting nearly a million people.
In December 2021, a critical vulnerability in the Log4j logging library put hundreds of millions of devices at risk. The flaw had existed for years. Exploitation appeared within hours of disclosure. Vulnerability Management is the only control that closes that window.
IT Governance sets the tone from the top. When boards and executives treat cybersecurity as someone else's problem, attackers treat your organisation as their next target. The Colonial Pipeline breach proved it.
A strategic deep-dive into NIST's Computer Security Incident Handling Guide, covering the full IR lifecycle, team structure, detection methods, prioritisation frameworks, and the power of post-incident learning.
Australia's revised Privacy Act hands consumers new powers and puts businesses on the hook for data breaches. With AI lowering the bar for cybercriminals, here's what organisations must do now.
Key insights from IBM's Cost of a Data Breach report: healthcare leads at $10.1M per breach, while AI platforms, DevSecOps, and incident response teams can significantly cut costs.
Nearly 1.9 million phishing attacks in a single year, $4.5M average breach recovery cost, and seniors losing $3.4B. The data on phishing in 2024 is staggering. Here's what organisations must do.
MGM Resorts International suffered a $100M cyberattack in 2023; slot machines went dark, room keys failed, booking systems crashed. Here's exactly how Scattered Spider did it.
How Generative Adversarial Networks are being weaponised by cybercriminals, why regulators are scrambling to catch up, and what individuals and organisations can do to protect themselves.
An in-depth analysis of why information security is vital for critical infrastructure operators, covering CIA triad principles, classification frameworks, and the real-world consequences of cyber disruptions.
A chronological account of the BOTSv3 security incident on 20 August 2018, categorised by MITRE ATT&CK tactics, from initial access and phishing through to exfiltration and a Memcached DDoS attack.
A vendor-based analysis of zero-day vulnerabilities from 2006 to 2023, revealing which companies are most associated with exploitable weaknesses, and what organisations can learn from the patterns.
How cybersecurity governance frameworks help small and medium enterprises identify, assess, and manage risks, and why the most impacted businesses in Australia are often the ones with the least protection.
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