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Lessons learned from an internal hack event

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IT Security
IT Best Practices
Networking
Data Management/Storage
internal security
auditing
logic bomb
ubs painewebber
external threats
companies need

The recent trial and last week's conviction of an systems admin charged with hacking the network at employer UBS PaineWebber was prominent in the news for the past month or so. As experts relate, however, the most interesting aspect of the criminal case is hitting home now as the logic bomb event that crashed 2,0000 servers on the trading company's network is bringing some good lessons learned and best practices into play. Security pundits say the case illustrates how internal threats are just as dangerous and require just as much attention as external threats and that poor internal security can actually help malcontents pull off such malicious attacks. Companies need to shore up monitoring and auditing of network administrator's work and keep a good close eye on those who have the power, access and the skills to do such damage.

For more on beefing up internal security walls:
- read this article at InformationWeek