Report: The cybersecurity impact of COVID-19
Cybersecurity company Cynet has released a report detailing changes in cyberattacks they’ve observed across North America and Europe since the beginning of the COVID-19 pandemic. The report shares the cyberattack volume change observed across industry sectors, the increased use of spear phishing as an initial attack vector, and the approaches being used to distribute malware…
How does XDR improve enterprise security in the face of evolving threats?
Cybercriminals will never run out of ways to breach the security protocols enterprises put in place. As security systems upgrade their defenses, attackers also level up their attacks. They develop stealthier ways to compromise networks to avoid detection and enhance the chances of penetration. Adversarial machine learning, for example, emerges as one of the stealthy…
Ensuring cyber awareness in the healthcare sector
As a result of the COVID-19 pandemic, healthcare professionals have increased their reliance on the internet to carry out their job. From connectivity with patients, to the interconnectivity of different medical devices passing patient data, the threat vector has expanded dramatically, so cyber awareness has become crucial. Healthcare under attack: What about cyber awareness? This…
What happens to funds once they have been stolen in a cyberattack?
SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after a cyber attack. The report highlights the ingenuity of money laundering tactics to obtain liquid financial assets and avoid any subsequent tracing of the funds….
As Businesses Move to the Cloud, Cybercriminals Follow Close Behind
COVID-19 has introduced many new normals for business, and IT operations are no exception. Despite tighter technology budgets in the wake of the economic recession, companies are moving full steam ahead toward the cloud due to the agility and scale it provides. According to a recent report from Flexera, 59% of companies surveyed plan on…
Seven Ransomware Families Target Industrial Software
Many ransomware families are designed to kill certain types of running processes. They might target security products to prevent them from blocking the attack and they can also terminate critical system processes so that they can encrypt files associated with these applications in an effort to cause disruption, which can increase the cybercriminals’ chances of…
Cybercriminals are using IM platforms as marketplaces
Cybercriminals are increasingly using IM platforms like Telegram, Discord, Jabber, WhatsApp, IRC and others to advertise and sell their goods and services, IntSight researchers have found. While traditional cybercrime sources (e.g., forums, black markets, credit card shops, etc.) continue to see regular traffic, peer-to-peer communication networks and chat channels offer advantages like automated answers and…
Most malware in Q1 2020 was delivered via encrypted HTTPS connections
67% of all malware in Q1 2020 was delivered via encrypted HTTPS connections and 72% of encrypted malware was classified as zero day, so would have evaded signature-based antivirus protection, according to WatchGuard. These findings show that without HTTPS inspection of encrypted traffic and advanced behavior-based threat detection and response, organizations are missing up to…
The dark web is flooded with offers to purchase corporate network access
There is a flood of interest in accessing corporate networks on the dark web, according to Positive Technologies. In Q1 2020, the number of postings advertising access to these networks increased by 69 percent compared to the previous quarter. This may pose a significant risk to corporate infrastructure, especially now that many employees are working…
With the threat landscape continuously changing, businesses must be ready for anything
Despite efforts by organizations to layer up their cyber defenses, the threat landscape is changing, attackers are innovating and automating their attacks, NTT reveals. The threat landscape is changing Referencing the COVID-19 pandemic, the report highlights the challenges that businesses face as cyber criminals look to gain from the global crisis and the importance of…