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Top Stories by David Canellos

Until this week the biggest anxiety when dealing with eBay has likely been fretting over a negative rating, concerns about slow shipping or a delayed refund. Then suddenly yesterday the media jumped all over the story that eBay had been hacked and users need to change their passwords. By the way, I can tell you from experience the password change process is not as easy or straightforward as you would expect. EBay is now in damage control mode and trying to calm fears after revealing that hackers attacked its network three months ago. It is believed over 145 million user records were accessed, forcing eBay to issue a security warning. Three states are conducting a joint investigation which will focus on eBay's measures for securing personal data, the circumstances that led to the breach, how many users were affected, and the company's response to the breach, said a ... (more)

Five Key IT Security Issues for the Next Two Years

Last month, the Information Security Forum released their annual prediction of the top 10 information security threats they foresee for the next two years - through 2016. While I found the entire list insightful, half of the list resonated strongly with me as someone who is working with large enterprises as they wrestle with security and compliance challenges as they embark on cloud adoption. I believe this group of five predictions is particularly relevant for anyone utilizing the cloud over the next two years and I've added a few of my own thoughts on each. 1. Service Provide... (more)

What Today’s Hyperconnected World Means for the Enterprise Security

A newly released report from McKinsey & Company, Risk and Responsibility in a Hyperconnected World: Implications for Enterprises, highlights the findings of a year's worth of McKinsey research conducted in partnership with the World Economic Forum. Based on the interviews with over 200 enterprises and organizations the findings highlight the importance of protecting online proprietary data and information and puts forth 7 ideas for how to protect the enterprise. The report first observes that with the rise of new and novel ways to access information via mobile devices, data secu... (more)

Selecting Cloud Security Brokers: 'All-in-One' or 'Best-of-Breed'?

When we set out to build the PerspecSys Cloud Data Control Gateway, we faced an important design decision: would the market prefer an "All-in-One" or a "Best-of-Breed" Cloud Security Broker? In the "All-in-One" camp, IT professionals have come to learn that the bundled modules from a single vendor have significant gaps in features that frequently lead to critical capability holes with implications ranging from operational scalability to compliance and security. Failing to address these shortcomings can be devastating for companies, potentially leading to financial loss and brand... (more)

Enterprise IT: Don’t Bury Your Head in the Sand on Cloud Data Protection

By David Canellos PerspecSys President and CEO In a lot of ways, changes in enterprise technology have mirrored consumer technology trends over the last few years. Just look at mobility, social apps, and cloud computing as examples. And whether you view the crossover as advantageous, overly risky, or merely inevitable, it's certain that enterprise IT security must adapt quickly to the new challenges presented, including overcoming cloud data security, cloud data residency, and cloud compliance issues. A series of recent articles and industry analyst reports I have read shows t... (more)