|By Business Wire||
|May 2, 2014 06:57 AM EDT||
i-Sprint Innovations (“i-Sprint”), a leading Identity, Credential and Access Management Solutions provider across Asia Pacific, provides insights on the latest disclosure of Heartbleed, an OpenSSL encryption bug, and how to avoid it and other similar SSL related vulnerabilities.
The emergence of the Heartbleed bug is yet another reminder of the security threats we continue to face. The Heartbleed bug allows anyone on the Internet to read the memory of the systems protected by the vulnerable versions of the OpenSSL software. This compromises the secret keys used to identify the service providers and to encrypt the traffic, the names, passwords of the users and the actual content. This allows attackers to eavesdrop on communications, steal data directly from the services and users and impersonate them.
This bug has resided in production software for more than two years and is described as "catastrophic" by leading security experts. The immediate solution is to identify affected systems, apply the fix and update the SSL certificates. Users also need to be informed to change their passwords and track misuse of the exposed information.
Even if the bug is patched today, there is no guarantee that a similar type of bug will not resurface or stay hidden in software undiscovered. Such vulnerability with similar impact could arise in the future from another SSL library or application product.
It also leads to the question of whether Secure Socket Layer (SSL) is sufficient to protect data confidentiality and the integrity of online transactions. How can enterprises manage the risk of data leakages in future through web services and convince their customers that their data is safe from eavesdroppers? Would it have been possible to have done something to mitigate the risk of such an event?
To prevent exposure of sensitive data even if SSL encryption is broken, enterprises need a strong data protection solution such as End-to-End Encryption (E2EE) to protect passwords and sensitive transaction of data. E2EE ensures that sensitive data stays encrypted even within the memory of vulnerable web or application servers. It offers protection to the Heartbleed type of bug as well as prevents insiders such as software developers or DBAs from leaking sensitive data accidentally or deliberately. In fact, both Monetary Authority of Singapore (MAS) and Hong Kong Monetary Authority (HKMA) have mandated financial institutions to adopt E2EE for protection of passwords as well as critical transaction data in the e-banking sites.
Like many financial institutions, organizations should adopt the same best practices to encrypt and send encrypted passwords and sensitive data over a communication channel in addition to the SSL protection. This can be done by using an encryption library and key data for data encryption at the point of entry (user desktop/smartphone) before submission to the server side. This data remains encrypted all the way to the web server and even the application server. The data may be decrypted at the application server, however in the case of passwords, they remain encrypted and are verified inside a Hardware Security Module (HSM). HSMs are cryptographic devices using tamper resistant hardware built to meet the FIPS standards. Thus, the passwords are encrypted from the point of entry to the point of comparison. Apart from mitigating against Heartbleed type of vulnerabilities, this ensures that nobody in the intranet has access to the password in clear during transit and storage, as well as protecting against internal fraud.
In summary, effective data protection requires a combination of layered security solutions and the right processes. Instead of relying only on SSL protection, organizations should look into implementing E2EE solutions at the application layer to protect their confidential information against the next web server vulnerability.
i-Sprint has its own unique brand of security products, intellectual properties and patents that are designed to exceed global financial services regulatory requirements. In order to capitalize the fast growing Identity, Credential and Access Management (ICAM) market, i-Sprint proactively delivers innovative product features via our product offerings in Identity Protection, Cloud Protection, Mobile Protection and Data Protection.
i-Sprint’s world leading security solutions include a proven and secure E2EE Authentication and Data Protection for convenient (Single Sign-On) and secure access to internet banking applications. i-Sprint’s solutions meets Internet Banking Security Guidelines from regulatory agencies in multiple countries; overcoming the security challenges of most internet and mobile banking solutions. i-Sprint delivers bank-grade versatile strong authentication (biometrics, multi-factor authentication and more) and token management platform to secure multiple application delivery environments (web, mobile and cloud) based on a common security platform.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Feb. 19, 2017 11:45 AM EST Reads: 930
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 19, 2017 11:30 AM EST Reads: 733
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
Feb. 19, 2017 11:30 AM EST Reads: 820
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
Feb. 19, 2017 11:15 AM EST Reads: 1,632
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Feb. 19, 2017 11:15 AM EST Reads: 1,573
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
Feb. 19, 2017 11:00 AM EST Reads: 2,882
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buyers...
Feb. 19, 2017 11:00 AM EST Reads: 1,532
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
Feb. 19, 2017 10:45 AM EST Reads: 7,619
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Feb. 19, 2017 10:45 AM EST Reads: 765
While not quite mainstream yet, WebRTC is starting to gain ground with Carriers, Enterprises and Independent Software Vendors (ISV’s) alike. WebRTC makes it easy for developers to add audio and video communications into their applications by using Web browsers as their platform. But like any market, every customer engagement has unique requirements, as well as constraints. And of course, one size does not fit all. In her session at WebRTC Summit, Dr. Natasha Tamaskar, Vice President, Head of C...
Feb. 19, 2017 10:30 AM EST Reads: 6,511
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
Feb. 19, 2017 10:00 AM EST Reads: 5,684
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 19, 2017 10:00 AM EST Reads: 853
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
Feb. 19, 2017 09:45 AM EST Reads: 730
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Feb. 19, 2017 09:45 AM EST Reads: 1,141
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
Feb. 19, 2017 09:15 AM EST Reads: 1,555