Visa Inc. · NYSE:V

Visa — Technical Presentation (April 2015)

22 slides from Visa's technical presentation, Apr 29, 2015

  1. Slide 1: Identifying and Mitigating Threats to E-commerce Payment Processing

    Identifying and Mitigating Threats to E-commerce Payment Processing Erik Rasmussen Director, NA Cyber Security Intelligence Visa Inc. 29 April 2015 Visa Public

  2. Slide 2: Disclaimer

    Disclaimer The information or recommendations contained herein are provided "AS IS" and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. When implementing any new strategy or practice, you should cons

  3. Slide 3: Agenda

    Agenda • Payment System Risk • E-commerce Threat • OWASP • Case Studies • What To Do If Compromised • Visa Resources 3 | Identifying and Mitigating Threats to E-commerce Payment Processing | 29 April 2015 Visa Public

  4. Slide 4: Visa Payment System Risk (PSR)

    Visa Payment System Risk (PSR) • Risk Organizational Structure • Mission: – Maintain and enhance stakeholder trust in Visa as the most secure way to pay and be paid. • PSR manages this by partnering with clients and stakeholders that play a role in the Visa transaction network Acquirers Issuers Thir

  5. Slide 5: Visa Payment System Risk (PSR)

    Visa Payment System Risk (PSR) • Cyber Intelligence, Investigations and Fraud Resolution • Mission: – Investigate, document and manage external account data compromise incidents, fraud attempts utilizing Visa accounts or other fraudulent schemes that impact the Visa network or its clients – Identify

  6. Slide 6: Merchant Data Compromises

    Merchant Data Compromises Typical data breach & counterfeit cycle Entry Card Data Theft Monetization • Hackers targeting internet- • Payment card data is extracted with • Payment data is used to commit exposed remote access systems as specialized, difficult to detect fraud, often across countries vi

  7. Slide 7: Techniques

    Techniques Graphic Courtesy of Trend Micro 7 | Identifying and Mitigating Threats to E-commerce Payment Processing | 29 April 2015 Visa Public

  8. Slide 8: E-Commerce Payment Flow

    E-Commerce Payment Flow Web Browser Company Server(s) Acquirer/Processor 8 | Identifying and Mitigating Threats to E-commerce Payment Processing | 29 April 2015 Visa Public

  9. Slide 9: E-commerce Threat Overview

    E-commerce Threat Overview • Old school vs. new school – Strategic web compromise vs. opportunistic web app attacks – 50.7% of all documented web app attacks occurred through the use of stolen credentials (source: 2015 Verizon DBIR) – Contradicts Open Web Application Security Project (OWASP) (more o

  10. Slide 10: E-commerce Threat

    E-commerce Threat <&> naw i am making all the…on [hacking website] go and audit…ecommerece software because i am selling the sqli in the site <&> you wont be able to find this sqli from auditing the source even if you knew what ecommerence software this was <&> i bet some kids try to extort me for t

  11. Slide 11: Milw0rm screenshot. Site no longer active.

    Milw0rm screenshot. Site no longer active. 11 | Identifying and Mitigating Threats to E-commerce Payment Processing | 29 April 2015 Visa Public

  12. Slide 12: Open Web Application Security Project (OWASP)

    Open Web Application Security Project (OWASP) • www.owasp.org • Non-profit designed to improve web application security • OWASP Top Ten Web Application Security Risks – A description Note: Visa does not officially endorse OWASP. – Example vulnerabilities Use of the information in these slides is to

  13. Slide 13: OWASP Top 10 - 2013

    OWASP Top 10 - 2013 Attack Type • A1 Injection • A6 Sensitive Data Exposure • A2 Broken Authentication and • A7 Missing Function Level Session Management Access Control • A3 Cross-Site Scripting (XSS) • A8 Cross-Site Request Forgery • A4 Insecure Direct Object (CSRF) References • A9 Using Components

  14. Slide 14: Case Studies

    Case Studies Threat Agents Containment / Mitigation • Remote administrative shells • Delete malware from all systems installed • Firewall rules set to block malicious • Hidden IFRAME vulns IP addresses • Malicious Javascript • Install Web Application Firewall • Adminer (tool for malice) • Install Fi

  15. Slide 15: Known Indicators of Compromise

    Known Indicators of Compromise Type (MD5) Purpose • D9A47A70E5326C7C590580ADEA9B882F • Captures HTTP post data, e.g. payment card numbers • 2E13630F8660C36260643D3905F0EDD5 • Captures HTTP post data, e.g. payment card numbers • 1EC7F06F1EE4FA7CECD17244EEC24E07 • PHP shell allows attacker add/edit/de

  16. Slide 16: Known Indicators of Compromise, Continued

    Known Indicators of Compromise, Continued 123.45.67.89 - - [31/Jul/2014:06:31:07 -0400] "POST /phpminiadmin.php HTTP/1.1" 200 9542 "http://acmewidgets.com/phpminiadmin.php?XSS=e9d08cdc8550577C&db=acmewidgets_1_12&q=select+*+from+%60admin_user%6 0" "Mozilla/5.0 (Windows NT 6.1; WOW64; rv:30.0) Gecko/

  17. Slide 17: General Tips and Tricks

    General Tips and Tricks Cause Effect • Track user behavior • Allows for anomalous trends tracking • Two factor authentication • Reduces risk of credentials compromise • Disable autocomplete for fields • Prevents data leakage where sensitive data is provided • Encrypt, encrypt, encrypt [front end • A

  18. Slide 18: What To Do If Compromised

    What To Do If Compromised Action Assisting Party • Preserve evidence and facilitate the • Merchant, merchant bank, investigation (throughout) forensics firm, card brands, law enforcement • Alert all necessary parties immediately • Merchant bank, forensics firm, card • Provide Visa with at risk accou

  19. Slide 19: What To Do If Compromised, Part II

    What To Do If Compromised, Part II Large Merchants Small Merchants • Self-reported data security breach • Small merchant with annual Visa affecting payment cards transaction volume > 201K – 1M • Suspected data breach: multiple – Combination of onsite and alternative forensic investigation Common Poi

  20. Slide 20: Visa-hosted event on cyber security and e-commerce

    Visa is hosting a must-attend event that will focus on trends and developments related to cyber security, mobile payments, e-commerce and Visa’s global authentication strategy. In order to secure the future of commerce all stakeholders including merchants, acquirers, agents and Visa need to collabor

  21. Slide 21: Upcoming Merchant Events and Resources

    Upcoming Merchant Events and Resources Upcoming Webinars – Training page on www.visa.com/cisp • Strategies to Effectively Manage Data Compromise Events ‒ 27 May 2015, 10 am PST Visa Data Security Website – www.visa.com/cisp • “What To Do If Compromised” Guidelines • Alerts, Bulletins • Best Practice

  22. Slide 22: Thank you

    Thank you VISA Visa Public

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