What Enterprises Can Learn From eBay Data Breach

When eBay asked users to change their passwords on Tuesday, it set off a firestorm of speculation. We donEUt know much beyond the fact that a cyber attack compromised a database that contained encrypted passwords and other non-financial data. eBay said itEUs not likely hackers could crack the encrypted passwords.

While eBay sorts through the details for members -- which include millions of buyers and sellers who conducted $205 billion worth of business in 2013 -- many enterprises are left wondering whoEUs next and what more they can do to avoid becoming the next technology news headline.

We caught up with TK Keanini, CTO at network security firm Lancope, to get his take on what the eBay breach really means in the context of enterprise security. He told us this is an unfortunate event but the reality is that all companies need to be ready for it to happen.

EUSome companies are more ready than others. For example, eBay should programmatically force a reset of all passwords because just asking nicely will be ignored by too many,EU Keanini said. EUThey also should offer a two-factor authentication method as others have done. All of these things help raise the cost to attackers.EU

How to Guard Your Company

We also turned to Jeff Davis, vice president of engineering at security firm Quarri Technologies, to get his thoughts on what really happened. He told us it sounds like eBayEUs systems were exposed when attackers managed to steal eBay employeesEU account credentials. So what can other companies hoping to avoid eBayEUs fate do to protect themselves?

Davis offered several options. First, you could disconnect sensitive systems from public networks, and require employees to be physically present inside secure facilities to access those systems, he said. However, he admited this is obviously impractical for a lot of organizations.

EUAnother...

Comments are closed.