Post by desertbikes on Jun 17, 2019 21:42:03 GMT -7
Sometimes quietly, sometimes not, in the past few months hackers have breached nearly anyone that matters. One of the most drastic high profiles services that is crying uncle is Paypal. From their site:
"PayPal Credit servicing will be unavailable from Jun 20 5:00 PM ET to Jun 24 12:00 AM ET. You can still shop, but can’t make payments, view statements, or see transactions."
Unavailable for days? I think this is unprecedented. Can you imagine if your bank or credit card company did this? It'd probably trigger a run on the banks & panic in the markets. Paypal is obviously taking drastic action & I'd guess it is prompted by a breach. That's speculation but I doubt that's an isolated opinion.
Over the last 6 months or so, I've received emails from people in industrial sectors & public utilities that I've not talked to in years. They've had problems or know of others in their particular industry that already have. Post 911 federal guidelines & regs were never adequate. Most were not even implemented until 2007-2010 although ISO was mandated much earlier. Some never took it seriously. All that & 2 bucks get you a cup of coffee. The only real way to keep these networks secure is to keep them off the internet. Due to the convenience of remote access, very few entities follow this suggestion. They also need to ban the IT/IS departments from the process controls systems. They generally interface for data collection if nothing else & it's a huge mistake if not implemented properly. More about that later.
Banks & online retailers tell you to change your password frequently. The truth is that most stolen credentials are supplied to thieves when huge chunks of your data are lifted from the banks & retailers themselves. Why don't chip cards work? They do. It's 256bit encryption & can't be hacked(yet). The database of the card issuer is the vulnerable link, not the card. Payment via smart phone is another huge hole in security. That's another page for another time.
I'll stop here. No lesson in particular in this diatribe, other than watch your back & do the obvious things to be secure. Things are probably worse than you think. That's pretty bad.