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R. Kinney Williams
& Associates
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Internet Banking
News
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May 7, 2006
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Does
Your Financial Institution need an affordable Internet security
penetration-vulnerability test?
Our clients in 41 states rely on
VISTA
to ensure their IT security settings, as well as
meeting the independent diagnostic test
requirements of FDIC, OCC, OTS, FRB, and NCUA, which provides
compliance with
Gramm-Leach Bliley Act 501(b).
The VISTA penetration study and
Internet security test is an affordable-sophisticated process than
goes far beyond the simple
scanning of ports and
focuses on
a hacker's perspective, which will help
you identify real-world weaknesses. For more information, give Kinney Williams a call
today at 806-798-7119 or visit
http://www.internetbankingaudits.com/. |
FYI -
NCUA General Counsel Opinion 06-0332 - Components of
Security Response Program.
www.ncua.gov/RegulationsOpinionsLaws/opinion_letters/2006/06-0332.pdf
FYI - Phishers Snare
Victims With VoIP - A security firm reported discovering a phishing
scheme in which the scammers used Internet telephony to copy a
bank's automated voice system in order to steal customers'
passwords, account numbers and other personal information.
http://news.yahoo.com/s/cmp/20060426/tc_cmp/186701001
FYI - Aetna says laptop
with member data stolen - Health insurer Aetna said a laptop
computer containing personal information on about 38,000 of its
members was stolen from an employee's car.
http://news.com.com/2102-1029_3-6066078.html?tag=st.util.print
FYI - Banks should give
back to open-source community - Major open-source vendors called for
financial companies to contribute more code to the open-source
community.
http://news.com.com/Banks+should+give+back+to+open-source+community/2100-7344_3-6065381.html?tag=cd.top
FYI - Firms slow to fix
security flaws - It can take some firms a week to close loopholes -
Hackers are getting a helping hand from firms taking too long to fix
software vulnerabilities, research shows. A study carried out for
security firm McAfee found that 19% of companies take more than a
week to apply software patches to close vulnerabilities. A further
27% said it took two days to apply fixes for software loopholes.
http://news.bbc.co.uk/2/hi/technology/4907588.stm
FYI - Junked PCs another
source of personal info - PC users hoping to sell or donate their
used computers should be forewarned: There is likely personal
information remaining on them.
http://www.scmagazine.com/us/news/article/554995/?n=us
FYI - Cyber blackmail
increasing - Cyber blackmail is on the increase, a new report has
found. "The Malware Evolution: January to March 2006" report by
anti-virus firm Kaspersky Lab said criminal gangs have moved away
from the "stealth use" of infected computers - stealing personal
data or using computers as part of zombie networks - to direct
blackmailing of victims.
http://www.scmagazine.com/us/news/article/555248/?n=us
FYI - Non-Windows
attacks on the rise - Attacks against platforms other than Windows,
particularly Linux, are growing quickly, according to a Kaspersky
Lab report. The number of malware affecting Linux during 2004 and
2005 jumped from 422 to 863, said the report, written by Konstantin
Sapronov on the Viruslist.com website. Other Unix-based systems also
are experiencing similar rises in attacks, although not to the level
of Linux.
http://www.scmagazine.com/us/news/article/555255/?n=us
FYI - Aetna says laptop with
member data stolen - Health insurer Aetna on Wednesday said a laptop
computer containing personal information on about 38,000 of its
members was stolen from an employee's car.
http://news.zdnet.com/2102-1009_22-6066078.html?tag=printthis
Return to the top
of the newsletter
WEB SITE COMPLIANCE -
OCC - Threats from Fraudulent Bank Web Sites - Risk Mitigation
and Response Guidance for Web Site Spoofing Incidents (Part 3 of
5)
PROCEDURES TO ADDRESS SPOOFING - Information
Gathering
After a bank has determined that it is the target of a spoofing
incident, it should collect available information about the attack
to enable an appropriate response. The information that is
collected will help the bank identify and shut down the fraudulent
Web site, determine whether customer information has been obtained,
and assist law enforcement authorities with any investigation.
Below is a list of useful information that a bank can collect. In
some cases, banks will require the assistance of information
technology specialists or their service providers to obtain this
information.
* The means by which the bank became aware that it was the target
of a spoofing incident (e.g., report received through Website, fax,
telephone, etc.);
* Copies of any e-mails or documentation regarding other forms of
communication (e.g., telephone calls, faxes, etc.) that were used to
direct customers to the spoofed Web sites;
* Internet Protocol (IP) addresses for the spoofed Web sites along
with identification of the companies associated with the IP
addresses;
* Web-site addresses (universal resource locator) and the
registration of the associated domain names for the spoofed site;
and
* The geographic locations of the IP address (city, state, and
country).
Return to
the top of the newsletter
INFORMATION TECHNOLOGY SECURITY - We
continue our series on the FFIEC interagency Information Security
Booklet.
SECURITY
CONTROLS - IMPLEMENTATION -
NETWORK
ACCESS
Routing (Part 1 of 2)
Packets are moved through networks using routers, switches, and
hubs. The unique IP address is commonly used in routing. Since users
typically use text names instead of IP addresses for their
addressing, the user's software must obtain the numeric IP address
before sending the message. The IP addresses are obtained from the
Domain Naming System (DNS), a distributed database of text names
(e.g., anybank.com) and their associated IP addresses. For example,
financial institution customers might enter the URL of the Web site
in their Web browser. The user's browser queries the domain name
server for the IP associated with anybank.com. Once the IP is
obtained, the message is sent. Although the example depicts an
external address, DNS can also function on internal addresses.
A router directs where data packets will go based on a table that
links the destination IP address with the IP address of the next
machine that should receive the packet. Packets are forwarded from
router to router in that manner until they arrive at their
destination. Since the router reads the packet header and uses a table for
routing, logic can be included that provides an initial means of
access control by filtering the IP address and port information
contained in the message header. Simply put, the router can refuse
to forward, or forward to a quarantine or other restricted area, any
packets that contain IP addresses or ports that the institution
deems undesirable. Security policies should define the filtering
required by the router, including the type of access permitted
between sensitive source and destination IP addresses. Network
administrators implement these policies by configuring an access
configuration table, which creates a filtering router or a basic
firewall.
A switch directs the path a message will take within the network.
Switching works faster than IP routing because the switch only looks
at the network address for each message and directs the message to
the appropriate computer. Unlike routers, switches do not support
packet filtering. Switches, however, are designed to send messages
only to the device for which they were intended. The security
benefits from that design can be defeated and traffic through a
switch can be sniffed.
Return to the top of the
newsletter
IT SECURITY
QUESTION:
C. HOST SECURITY
4.
Determine whether new hosts are prepared according to documented
procedures for secure configuration or replication, and that
vulnerability testing takes place prior to deployment.
Return to the top of
the newsletter
INTERNET PRIVACY - We continue
our series listing the regulatory-privacy examination questions.
When you answer the question each week, you will help ensure
compliance with the privacy regulations.
Sharing nonpublic personal information with nonaffiliated third
parties only under Sections 14 and/or 15.
Note: This module applies only to customers.
A. Disclosure of Nonpublic Personal Information
1) Select a sample of third party relationships with
nonaffiliated third parties and obtain a sample of data shared
between the institution and the third party.
a. Compare the data shared and with whom the data were shared
to ensure that the institution accurately states its information
sharing practices and is not sharing nonpublic personal information
outside the exceptions.
B. Presentation, Content, and Delivery of Privacy Notices
1) Obtain and review the financial institution's initial and
annual notices, as well as any simplified notice that the
institution may use. Note that the institution may only use the
simplified notice when it does not also share nonpublic personal
information with affiliates outside of Section 14 and 15 exceptions.
Determine whether or not these notices:
a. Are clear and conspicuous (§§3(b), 4(a), 5(a)(1));
b. Accurately reflect the policies and practices used by the
institution (§§4(a), 5(a)(1)). Note, this includes practices
disclosed in the notices that exceed regulatory requirements; and
c. Include, and adequately describe, all required items of
information (§6).
2) Through discussions with management, review of the
institution's policies and procedures, and a sample of electronic or
written customer records where available, determine if the
institution has adequate procedures in place to provide notices to
customers, as appropriate. Assess the following:
a) Timeliness of delivery (§§4(a), 4(d), 4(e), 5(a)); and
b. Reasonableness of the method of delivery (e.g., by hand; by
mail; electronically, if the customer agrees; or as a necessary step
of a transaction) (§9) and accessibility of or ability to retain
the notice (§9(e)).
NETWORK SECURITY TESTING - IT
examination guidelines require financial institutions to annually
conduct an independent internal-network penetration test.
With the Gramm-Leach-Bliley and the regulator's IT security
concerns, it is imperative to take a professional auditor's approach
to annually testing your internal connections to your network.
For more information about our independent-internal testing,
please visit
http://www.internetbankingaudits.com/internal_testing.htm. |
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organizations. We may have a copy of the article, so please e-mail
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