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Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery

Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery
Apr 23, 2024 Regulatory Compliance / Penetration Testing
Cybersecurity breaches can be devastating for both individuals and businesses alike. While many people tend to focus on understanding how and why they were targeted by such breaches, there's a larger, more pressing question: What is the true financial impact of a cyberattack? According to research by Cybersecurity Ventures, the global cost of cybercrime is projected to reach an astonishing 10.5 trillion USD annually by 2025, which marks a dramatic increase from the 3 trillion USD reported in 2015. This sharp rise highlights a concerning trend: cybercriminals have significantly improved their methods for conducting sophisticated and successful cyberattacks over the years. According to research firm Cybersecurity Ventures, the cost of global cybercrime will reach a staggering 10.5 trillion USD annually by 2025, up from the 3 trillion USD that it was in 2015. It's clear, then, that these threat actors have found ways to pull off sophisticated and successful cyberattacks over the yea

Attack Surface Management vs. Vulnerability Management

Attack Surface Management vs. Vulnerability Management
Apr 03, 2024 Cybersecurity / Penetration Testing
Attack surface management (ASM) and vulnerability management (VM) are often confused, and while they overlap, they're not the same. The main difference between attack surface management and vulnerability management is in their scope: vulnerability management checks a list of known assets, while attack surface management assumes you have unknown assets and so begins with discovery. Let's look at both in more detail. What is vulnerability management? Vulnerability management is, at the simplest level, the use of automated tools to identify, prioritize and report on security issues and vulnerabilities in your digital infrastructure. Vulnerability management uses automated scanners to run regular, scheduled scans on assets within a known IP range to detect established and new vulnerabilities, so you can apply patches, remove vulnerabilities or mitigate any potential risks. These vulnerabilities tend to use a risk score or scale – such as CVSS – and risk calculations. Vulnerability sca

AI Copilot: Launching Innovation Rockets, But Beware of the Darkness Ahead

AI Copilot: Launching Innovation Rockets, But Beware of the Darkness Ahead
Apr 15, 2024Secure Coding / Artificial Intelligence
Imagine a world where the software that powers your favorite apps, secures your online transactions, and keeps your digital life could be outsmarted and taken over by a cleverly disguised piece of code. This isn't a plot from the latest cyber-thriller; it's actually been a reality for years now. How this will change – in a positive or negative direction – as artificial intelligence (AI) takes on a larger role in software development is one of the big uncertainties related to this brave new world. In an era where AI promises to revolutionize how we live and work, the conversation about its security implications cannot be sidelined. As we increasingly rely on AI for tasks ranging from mundane to mission-critical, the question is no longer just, "Can AI  boost cybersecurity ?" (sure!), but also "Can AI  be hacked? " (yes!), "Can one use AI  to hack? " (of course!), and "Will AI  produce secure software ?" (well…). This thought leadership article is about the latter. Cydrill  (a

The Golden Age of Automated Penetration Testing is Here

The Golden Age of Automated Penetration Testing is Here
Mar 29, 2024 Pen Testing / Regulatory Compliance
Network penetration testing plays a vital role in detecting vulnerabilities that can be exploited. The current method of performing pen testing is pricey, leading many companies to undertake it only when necessary, usually once a year for their compliance requirements. This manual approach often misses opportunities to find and fix security issues early on, leaving businesses vulnerable to expensive cyberattacks and potential breaches. However, new technologies using automation and AI have revolutionized the process, making regular network pentesting easy and affordable. We're now in the golden era of pentesting, where every company can assess the security of their networks without breaking the bank.  Automating pen testing is a game-changer   Automation in cybersecurity is becoming a big deal and it's only going to get bigger. Nowadays, we need automation to help deal with the fact that there just aren't enough cybersecurity pros to go around. Businesses can't keep

Today's Top 4 Identity Threat Exposures: Where To Find Them and How To Stop Them

cyber security
websiteSilverfort Identity Protection / Attack Surface
Explore the first ever threat report 100% focused on the prevalence of identity security gaps you may not be aware of.

New Webinar: Avoiding Application Security Blind Spots with OPSWAT and F5

New Webinar: Avoiding Application Security Blind Spots with OPSWAT and F5
Mar 28, 2024 Application Security / Webinar
Considering the ever-changing state of cybersecurity, it's never too late to ask yourself, "am I doing what's necessary to keep my organization's web applications secure?" The continuous evolution of technology introduces new and increasingly sophisticated threats daily, posing challenges to organizations all over the world and across the broader spectrum of industries striving to maintain reliable defenses. 2024 promises to be no exception. Threat actors continue to adapt their tactics, techniques, and procedures to exploit vulnerabilities in innovative ways, injecting malicious content into files that bypass traditional antivirus solutions and advanced, AI and ML-powered solutions alike. Therefore, organizations must assess and continually reinforce their security measures. One critical aspect that organizations often grapple with is identifying and addressing security blind spots. These are areas within the infrastructure where vulnerabilities exist but may

AndroxGh0st Malware Targets Laravel Apps to Steal Cloud Credentials

AndroxGh0st Malware Targets Laravel Apps to Steal Cloud Credentials
Mar 21, 2024 Threat Intelligence / Vulnerability
Cybersecurity researchers have shed light on a tool referred to as  AndroxGh0st  that's used to target Laravel applications and steal sensitive data. "It works by scanning and taking out important information from .env files, revealing login details linked to AWS and Twilio," Juniper Threat Labs researcher Kashinath T Pattan  said . "Classified as an SMTP cracker, it exploits SMTP using various strategies such as credential exploitation, web shell deployment, and vulnerability scanning." AndroxGh0st has been detected in the wild since at least 2022, with threat actors leveraging it to access Laravel environment files and steal credentials for various cloud-based applications like Amazon Web Services (AWS), SendGrid, and Twilio. Attack chains involving the Python malware are known to exploit known security flaws in Apache HTTP Server, Laravel Framework, and PHPUnit to gain initial access and for privilege escalation and persistence. Earlier this January, U

Proof-of-Concept Exploit Released for Progress Software OpenEdge Vulnerability

Proof-of-Concept Exploit Released for Progress Software OpenEdge Vulnerability
Mar 11, 2024 Network Security / Vulnerability
Technical specifics and a proof-of-concept (PoC) exploit have been made available for a recently disclosed critical security flaw in Progress Software OpenEdge Authentication Gateway and AdminServer, which could be potentially exploited to bypass authentication protections. Tracked as  CVE-2024-1403 , the vulnerability has a maximum severity rating of 10.0 on the CVSS scoring system. It impacts OpenEdge versions 11.7.18 and earlier, 12.2.13 and earlier, and 12.8.0.  "When the OpenEdge Authentication Gateway (OEAG) is configured with an OpenEdge Domain that uses the OS local authentication provider to grant user-id and password logins on operating platforms supported by active releases of OpenEdge, a vulnerability in the authentication routines may lead to unauthorized access on attempted logins," the company  said  in an advisory released late last month. "Similarly, when an AdminServer connection is made by OpenEdge Explorer (OEE) and OpenEdge Management (OEM), it also utilizes t

Cybercriminals Weaponizing Open-Source SSH-Snake Tool for Network Attacks

Cybercriminals Weaponizing Open-Source SSH-Snake Tool for Network Attacks
Feb 22, 2024 Network Security / Penetration Testing
A recently open-sourced network mapping tool called  SSH-Snake  has been repurposed by threat actors to conduct malicious activities. "SSH-Snake is a self-modifying worm that leverages SSH credentials discovered on a compromised system to start spreading itself throughout the network," Sysdig researcher Miguel Hernández  said . "The worm automatically searches through known credential locations and shell history files to determine its next move." SSH-Snake was first released on GitHub in early January 2024, and is described by its developer as a "powerful tool" to carry out  automatic network traversal  using SSH private keys discovered on systems. In doing so, it creates a comprehensive map of a network and its dependencies, helping determine the extent to which a network can be compromised using SSH and SSH private keys starting from a particular host. It also supports  resolution of domains  which have multiple IPv4 addresses. "It's comp

Hackers Exploit Job Boards, Stealing Millions of Resumes and Personal Data

Hackers Exploit Job Boards, Stealing Millions of Resumes and Personal Data
Feb 06, 2024 Dark Web / Cybercrime
Employment agencies and retail companies chiefly located in the Asia-Pacific (APAC) region have been targeted by a previously undocumented threat actor known as  ResumeLooters  since early 2023 with the goal of stealing sensitive data. Singapore-headquartered Group-IB said the hacking crew's activities are geared towards job search platforms and the theft of resumes, with as many as 65 websites compromised between November 2023 and December 2023. The stolen files are estimated to contain 2,188,444 user data records, of which 510,259 have been taken from job search websites. Over two million unique email addresses are present within the dataset. "By using SQL injection attacks against websites, the threat actor attempts to steal user databases that may include names, phone numbers, emails, and DoBs, as well as information about job seekers' experience, employment history, and other sensitive personal data," security researcher Nikita Rostovcev  said  in a report sh

Perfecting the Defense-in-Depth Strategy with Automation

Perfecting the Defense-in-Depth Strategy with Automation
Jan 26, 2024 Cyber Threat Intelligence
Medieval castles stood as impregnable fortresses for centuries, thanks to their meticulous design. Fast forward to the digital age, and this medieval wisdom still echoes in cybersecurity. Like castles with strategic layouts to withstand attacks, the Defense-in-Depth strategy is the modern counterpart — a multi-layered approach with strategic redundancy and a blend of passive and active security controls.  However, the evolving cyber threat landscape can challenge even the most fortified defenses. Despite the widespread adoption of the Defense-in-Depth strategy, cyber threats persist. Fortunately, the Defense-in-Depth strategy can be augmented using Breach and Attack Simulation (BAS), an automated tool that assesses and improves every security control in each layer. Defense-in-Depth: False Sense of Security with Layers Also known as multi-layered defense, the defense-in-depth strategy has been widely adopted by organizations since the early 2000s. It's based on the assumption that a

Russian TrickBot Mastermind Gets 5-Year Prison Sentence for Cybercrime Spree

Russian TrickBot Mastermind Gets 5-Year Prison Sentence for Cybercrime Spree
Jan 26, 2024 Cyber Crime / Malware
40-year-old Russian national Vladimir Dunaev has been sentenced to five years and four months in prison for his role in creating and distributing the TrickBot malware, the U.S. Department of Justice (DoJ) said. The development comes nearly two months after  Dunaev pleaded guilty  to committing computer fraud and identity theft and conspiracy to commit wire fraud and bank fraud. "Hospitals, schools, and businesses were among the millions of TrickBot victims who suffered tens of millions of dollars in losses," DoJ  said . "While active, TrickBot malware, which acted as an initial intrusion vector into victim computer systems, was used to support various ransomware variants." Originating as a banking trojan in 2016, TrickBot evolved into a Swiss Army knife capable of delivering additional payloads, including ransomware. Following efforts to take down the botnet, it was absorbed into the Conti ransomware operation in 2022. The cybercrime crew's allegiance to

52% of Serious Vulnerabilities We Find are Related to Windows 10

52% of Serious Vulnerabilities We Find are Related to Windows 10
Jan 22, 2024 Vulnerability Management / Pentesting
We analyzed 2,5 million vulnerabilities we discovered in our customer's assets. This is what we found. Digging into the data The dataset we analyze here is representative of a subset of clients that subscribe to our vulnerability scanning services. Assets scanned include those reachable across the Internet, as well as those present on internal networks. The data includes findings for network equipment, desktops, web servers, database servers, and even the odd document printer or scanning device. The number of organizations in this dataset is smaller (3 less) than the previous dataset used in last year's Security Navigator 2023 and some organizations were replaced by new additions. With the change of organizations comes a different mix of assets, which leaves comparing the previous results akin to comparing apples to oranges (we might be biased), but it's still worth noting similar patterns where possible. This year, we revisit the menacing vulnerability theme with an eye on

Behind the Scenes of Matveev's Ransomware Empire: Tactics and Team

Behind the Scenes of Matveev's Ransomware Empire: Tactics and Team
Dec 19, 2023 Ransomware / Russian Hackers
Cybersecurity researchers have shed light on the inner workings of the ransomware operation led by Mikhail Pavlovich Matveev, a Russian national who was  indicted by the U.S. government  earlier this year for his alleged role in launching thousands of attacks across the world. Matveev, who resides in Saint Petersburg and is known by the aliases Wazawaka, m1x, Boriselcin, Uhodiransomwar, Orange, and waza, is alleged to have played a crucial part in the development and deployment of LockBit, Babuk, and Hive ransomware variants since at least June 2020. "Wazawaka and his team members prominently exhibit an insatiable greed for ransom payments, demonstrating a significant disregard for ethical values in their cyber operations," Swiss cybersecurity firm PRODAFT  said  in a comprehensive analysis shared with The Hacker News. "Employing tactics that involve intimidation through threats to leak sensitive files, engaging in dishonest practices, and persisting in retaining fil

Ransomware-as-a-Service: The Growing Threat You Can't Ignore

Ransomware-as-a-Service: The Growing Threat You Can't Ignore
Dec 08, 2023 Ransomware / Threat Intelligence
Ransomware attacks  have become a significant and pervasive threat in the ever-evolving realm of cybersecurity. Among the various iterations of ransomware, one trend that has gained prominence is Ransomware-as-a-Service (RaaS). This alarming development has transformed the cybercrime landscape, enabling individuals with limited technical expertise to carry out devastating attacks. Traditional and double extortion ransomware attacks Traditionally, ransomware refers to a type of malware that encrypts the victim's files, effectively blocking access to data and applications until a ransom is paid to the attacker. However, more contemporary attackers often employ an additional strategy. The bad actors create copies of the compromised data and leverage the threat of publishing sensitive information online unless their demands for ransom are met. This dual approach adds an extra layer of complexity and potential harm to the victims. A new model for ransomware RaaS is the latest busin
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