Chief Security Officer's Point of View
by Berislav Kucan - Friday, 8 August 2003
CSO magazine recently did a poll, where 480 chief security officers and senior security executives discussed security issues and industry regulations. Besides the regulations-specific findings, these are some of the interesting facts as seen from the CSO's point of view:Question 8: Do you think government regulation is the best way to maximize security of our nation's critical infrastructure?
  • 23% Yes, it would make it easier to get my CEO's attention
  • 21% Yes, it will ensure the expense is distributed fairly
  • 38% No, regulation is costly and counter-productive
  • 18% Unsure
Question 9: Are you concerned about customers suing your company for privacy infractions?
  • 34% Yes
  • 55% No
  • 11% Unsure
Question 11: How concerned are you about losing your job?
  • 5% Extremely concerned
  • 8% Concerned
  • 23% Somewhat concerned
  • 22% Somewhat unconcerned
  • 42% Not at all concerned
Question 12: What is the #1 factor driving security investment in your organization?
  • 29% Auditing, risk management, compliance
  • 18% Current government/industry regulations
  • 13% Maintaining customer confidence
  • 13% Risk of theft of intellectual property or proprietary information
  • 10% Risk of financial loss
  • 7% Legal liability issues
  • 2% Current terrorist threat environment
  • 2% Fear of future government/industry regulations
  • 6% Other
Question 13: What types of cyber crimes have you experienced at your company? (Check all that apply.)
  • 46% Intrusion
  • 45% Denial of service
  • 27% Information theft
  • 21% Fraud
  • 16% Identity theft
  • 4% Extortion
  • 18% Other
  • 22% None, my company has not experienced any cyber crime


MagSpoof: A device that spoofs credit cards, disables chip-and-PIN protection

The device can wirelessly spoof credit cards/magstripes, disable chip-and-PIN protection, and predict the credit card number and expiration date of Amex cards after they have reported stolen or lost.

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