cyber threat Archives - Cyber Security Minute

Snowflake Hacking Spree Puts At Risk 165 Organizations

Issued by: DataBreach Today

An investigation into infostealer-driven attacks on Snowflake customers shows that approximately 165 clients potentially had data stolen by financially-motivated hackers, says cyber threat intel firm Mandiant. Snowflake, an data management platform provider, disclosed the campaign earlier this month along with a warning that customers without multifactor authentication enabled are vulnerable (see: Snowflake Clients Targeted With…

News

US Says It Disrupted a China Cyber Threat, but Warns Hackers Could Still Wreak Havoc for Americans

Issued by: SecurityWeek

The operation, announced just before FBI Director Chris Wray addressed House lawmakers, disrupted a botnet of hundreds of U.S.-based small office and home routers owned by private citizens and companies that had been hijacked by the Chinese hackers to cover their tracks as they sowed the malware. Their ultimate targets included water treatment plants, the…

Malware & Threats

Cybercriminals Using New ASMCrypt Malware Loader Flying Under the Radar

Issued by: The Hacker News

Threat actors are selling a new crypter and loader called ASMCrypt, which has been described as an “evolved version” of another loader malware known as DoubleFinger. “The idea behind this type of malware is to load the final payload without the loading process or the payload itself being detected by AV/EDR, etc.,” Kaspersky said in…

Vulnerabilities

P-to-P fraud most concerning cyber threat in 2023: CSI

Issued by: CSO Online

US financial institutions see peer-to-peer fraud and other digital fraud as the biggest cybersecurity concern in 2023. It was cited by 29% of respondents in a survey by Computer Systems Inc. (CSI), followed by data breaches (23%), ransomware (20%) and a breach at a third party (15%). Industry respondents also expressed concerns over identity theft…

Network Security

Darktrace Publishes 2022 Cyberattack Trend Data For Energy, Healthcare & Retail Sectors Globally

Issued by: Dark Reading

Darktrace, a global leader in cyber security artificial intelligence, today released three new cyber-threat trend reports revealing 2022 attack data observed across its global customer fleet.1 The industry reports pertain to the energy, healthcare, and retail sectors respectively. “These industry-specific reports are the first of their kind released by Darktrace, representing an important effort to…

Malware & Threats

Cybersecurity M&A Activity to Continue; Growth Funding to be More Conservative

Issued by: Security Week

Venture capital financing for cybersecurity firms was high throughout 2021, resulting in numerous new unicorns. Last year, and the first quarter of 2022, were also notable for the high number of cybersecurity mergers and acquisitions; and 2022 already looks set to be a new record year for M&A activity. According to Progress Partners’ Market Report:…

Network Security

Why organizations are turning to security automation to address alert overload

Issued by: CSO

Network engineer Jose Arellano concedes that “the hardest part of my day” is keeping the network safe for 12,700 students, 1,900 staff and more than 10,000 connected devices at West Aurora School District 129 in Illinois. The two-person security team once focused primarily on getting the network running as securely and efficiently as possible for…

Network Security

Most organizations plan to increase their cybersecurity budgets in 2020

Issued by: Help Net Security

With the perpetually shifting threat landscape, most organizations (over 90%) believe that the cyber threat landscape will stay the same or worsen in 2020, according to FireEye. FireEye surveyed over 800 CISOs and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of cybersecurity’s most prevalent topics. The majority (51%)…

Network Security

Facebook Taps User Data to Defend Workers From Threat

Issued by: Security Week

CNBC reported that it interviewed more than a dozen former Facebook security employees, some of whom questioned the ethics of what was portrayed as an unclearly defined practice at the leading social network. Facebook spokesman Anthony Harrison told AFP that the company’s physical security team exists to keep workers safe and that strict processes are…

Malware & Threats

Why Artificial Intelligence Is Not a Silver Bullet for Cybersecurity

Issued by: Dark Reading

A recent Cisco survey found that 39% of CISOs say their organizations are reliant on automation for cybersecurity, another 34% say they are reliant on machine learning, and 32% report they are highly reliant on artificial intelligence (AI). I’m impressed by the optimism these CISOs have about AI, but good luck with that. I think…