Archive for the 'Economics and Risk' Category

Announcing: The Month of No Bugs (MONB)!

Posted on September 1 2010 by Pete Lindstrom

It is with great excitement and anticipation that I announce the Month of No Bugs (MONB)!
This month, I promise NOT to look for any new bugs out there, NOT to artificially elevate my bugs above all others, NOT to complain that vendors should give me the attention I deserve, NOT to pound my chest and [...]

Disclosing the Elephant in the Room of the Disclosure Debate

Posted on July 23 2010 by Pete Lindstrom

There has been a lot of discussion lately about vulnerability disclosure, with Google and Microsoft respectively weighing in with their latest opinions on the topic.
There is really nothing new here, as evidenced by the Google folks referencing a 9-year-old Bruce Schneier essay on the topic. I have written extensively on the topic and the related [...]

There is no such thing as *Real* Value

Posted on May 26 2010 by Pete Lindstrom

Rich Mogull has started a fire on his Securosis blog addressing questions of value and loss. I would like to provide some feedback.
Most importantly, I would like to address this point:
“I consider that an implied or assumed value, which may bear no correlation to the real value”
Rich’s reference to something called a real value [...]

Charlie Miller’s “Teach a Man to Fish” approach to disclosure: the happy medium?

Posted on April 29 2010 by Pete Lindstrom

Pre-eminent bugfinder Charlie Miller mentioned an interesting approach to disclosure after he compromised another Apple system - demonstrate the attack, describe how the vulnerability was found, and let the chips fall where they may. (Actually, I think his “teach a man to fish” approach might have been ancillary to the pwn2own contest…)
At this stage of [...]

Can you have “more secure software” and still have greater risk?

Posted on April 27 2010 by Pete Lindstrom

Answer: Yes.
Here’s how: The software element of the risk equation only accounts for vulnerabilities, it doesn’t address threat. So we can reduce our vulnerability level and therefore have “more secure software” in the midst of increased risk. This manifests itself in a higher number of incidents, which is the outcome of the threat and vulnerability [...]

Rudeness, risk and vulnerability disclosure

Posted on April 26 2010 by Pete Lindstrom

Robert Graham at Errata Security has yet another thoughtful post - this one on the “rudeness” of vulnerability disclosure. His key point:
“However, vuln disclosure isn’t friendly. It is an inherently rude act.”
It is an interesting post, primarily focused on the psychological relationship between bugfinders and vendors, but the thing I find the most puzzling is [...]

Can Lower Risk be Higher Risk?

Posted on March 18 2010 by Pete Lindstrom

I saw the headline yesterday, “Security Experts Warn Firms of the Higher Risk of Lower-Risk Flaws.” It is the kind of headline that makes one do a double-take (the mark of a good headline, I suppose). But can it be true? Well, on the one hand, it could be justified simply by asserting that the [...]

Security Budget Planning in Three Easy Steps

Posted on March 10 2010 by Pete Lindstrom

Gunnar Peterson has a great post on security budgeting. His essential point is to apply a “flat tax” to all IT spending. The value is in its simplicity. We can get a lot more complex (and often do), but this is an excellent starting point.
Don’t forget the business and don’t forget we are “optimizing” our [...]

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