David Burg is a principal in PwC’s U.S. Advisory practice and PwC’s Global and U.S. Cybersecurity Leader. In this role he leads a team of cybersecurity professionals who assist multi-national businesses, private organizations and governments to understand, plan for and mitigate the risk of global cyber threats. Based in PwC’s office in McLean, VA., Dave leads a variety of engagements around the world, including work in connection with a number of significant sensitive data breaches and intellectual property thefts, hacking events, forensic investigations and security and vulnerability assessments for clients in a range of industries.
He has lectured at NYU’s Stern School of Business, Georgetown University, and Penn State University. Dave regularly contributes to and has been quoted in a variety of business and industry journals, including The Wall Street Journal CIO Journal, The Wall Street Journal Risk & Compliance Journal, The Washington Post, Financial Times, SC Magazine, CSO magazine, Consulting magazine and has been a guest on NPR. He has presented a wide range of topics at global corporations, law firms, industry events, and government agencies.
Dave holds an MBA from the College of William and Mary and a BA from the University of Pennsylvania.
The FBI says you’ve been breached by a nation-state. Now what?
What to do if your company’s network falls victim to hacking by a nation-state.
Anatomy of a Skimmer Attack
Lately it seems every day brings news of a cybersecurity attack in the retail space. How do cyber criminals pull it off? Let’s break down the anatomy of a skimmer attack. Thieves install electronic software “skimmers” on point of sale (POS) terminals. As customers swipe their credit cards, these skimmers collect the track data— the electronically encoded data on the magnetic strip on the back of a credit card. The capture of track data enables a cybercriminal to create counterfeit cards. They do so by encoding the track data onto a new card with a magnetic strip. In addition to the track data, thieves can secure information about the store’s location and zip code. This data enables cybercriminals to enhance the value of the stolen card numbers and evade fraud detection techniques based upon card user zip codes. Some cybercriminals work with insiders. Insiders are unreliable and unmonitored employees, contractors, or vendors with authorized access to the retailer’s POS infrastructure. The insider can use both access and knowledge of the system to install the skimmer, establish the collection and exfiltration process and software, and either disable, circumvent, or otherwise remain under the visibility of security controls. If the thief is …