Industry News: Cyber

Know Your Breach: San Francisco Retirement System

Written by Cybersecurity | Jun 5, 2020 5:32:01 PM

The target: San Francisco Employees’ Retirement System, the city’s firm which provides pension, retirement plans, and other benefits to city workers.

The take: Personal information for 74,000 members, including names, home addresses, dates of birth, beneficiary information, username/password combinations, and potentially tax information and bank routing numbers.

The attack vector: A breach notification was filed advising that ‘an unauthorized individual’ gained access to a database hosted in a test environment by one of the SFRS’s vendors.

This case again underlines the importance of validation of service providers and ensuring that third party organizations with access to sensitive data put appropriate controls in place. Furthermore, test and pre-stage environments should, as a best practise, use ‘dummy’ or heavily redacted data, especially in cases where security controls are not as rigid as those protecting production systems.

Read more...