#1 Trusted Cybersecurity News Platform Followed by 4.50+ million
The Hacker News Logo
Get the Free Newsletter
SaaS Security

Specops | Breaking Cybersecurity News | The Hacker News

How Hackers Phish for Your Users' Credentials and Sell Them

How Hackers Phish for Your Users' Credentials and Sell Them

Nov 28, 2023 Cybercrime / Breach Prevention
Account credentials, a popular initial access vector, have become a valuable commodity in cybercrime. As a result, a single set of stolen credentials can put your organization's entire network at risk. According to the  2023 Verizon Data Breach Investigation Report , external parties were responsible for  83 percent  of breaches that occurred between November 2021 and October 2022.  Forty-nine percent  of those breaches involved stolen credentials. How are threat actors compromising credentials? Social engineering is one of the  top five cybersecurity threats  in 2023. Phishing, which accounts for %of social engineering attempts, is the go-to method for stealing credentials. It's a relatively cheap tactic that yields results. As phishing and social engineering techniques become more sophisticated and the tools become more readily available, credential theft should become a top security concern for all organizations if it already isn't one. Phishing has evolved With phishing and s
Take an Offensive Approach to Password Security by Continuously Monitoring for Breached Passwords

Take an Offensive Approach to Password Security by Continuously Monitoring for Breached Passwords

Oct 11, 2023 Password Security / Data Safety
Passwords are at the core of securing access to an organization's data. However, they also come with security vulnerabilities that stem from their inconvenience. With a growing list of credentials to keep track of, the average end-user can default to shortcuts. Instead of creating a strong and unique password for each account, they resort to easy-to-remember passwords, or use the same password for every account and application.  Password reuse is both common and risky.  65% of users  admit to reusing their credentials across multiple sites. Another analysis of identity exposures among employees of Fortune 1000 companies found a  64% password reuse rate  for exposed credentials. Pair these findings with the fact that a vast majority  (80%) of all data breaches  are sourced from lost or stolen passwords, and we have a serious problem. In short, a breached password from one system can be used to compromise another. So, what does this all mean for your organization?  The real risk o
Midnight Blizzard and Cloudflare-Atlassian Cybersecurity Incidents: What to Know

Midnight Blizzard and Cloudflare-Atlassian Cybersecurity Incidents: What to Know

Feb 13, 2024SaaS Security / Data Breach
The Midnight Blizzard and Cloudflare-Atlassian cybersecurity incidents raised alarms about the vulnerabilities inherent in major SaaS platforms. These incidents illustrate the stakes involved in SaaS breaches — safeguarding the integrity of SaaS apps and their sensitive data is critical but is not easy. Common threat vectors such as sophisticated spear-phishing, misconfigurations and vulnerabilities in third-party app integrations demonstrate the complex security challenges facing IT systems. In the case of Midnight Blizzard, password spraying against a test environment was the initial attack vector. For Cloudflare-Atlassian, threat actors initiated the attack via compromised  OAuth tokens  from a prior breach at Okta, a SaaS identity security provider.  What Exactly Happened? Microsoft Midnight Blizzard Breach Microsoft was targeted by the Russian "Midnight Blizzard" hackers (also known as Nobelium, APT29, or Cozy Bear) who are linked to the SVR, the Kremlin's forei
Are You Willing to Pay the High Cost of Compromised Credentials?

Are You Willing to Pay the High Cost of Compromised Credentials?

Sep 25, 2023 Password Security / Cybersecurity
Weak password policies leave organizations vulnerable to attacks. But are the standard password complexity requirements enough to secure them?  83% of compromised passwords  would satisfy the password complexity and length requirements of compliance standards. That's because bad actors already have access to billions of stolen credentials that can be used to compromise additional accounts by reusing those same credentials. To strengthen password security, organizations need to look beyond complexity requirements and block the use of compromised credentials. Need stolen credentials? There's a market for that Every time an organization gets breached or a subset of customers' credentials is stolen, there's a high possibility all those passwords end up for sale on the dark web. Remember the  Dropbox and LinkedIn hack  that resulted in 71 million and 117 million stolen passwords? There is an underground market that sells those credentials to hackers which they can then use in cre
cyber security

The Critical State of AI in the Cloud

websiteWiz.ioArtificial Intelligence / Cloud Security
Wiz Research reveals the explosive growth of AI adoption and what 150,000+ cloud accounts revealed about the AI surge.
Key Cybersecurity Tools That Can Mitigate the Cost of a Breach

Key Cybersecurity Tools That Can Mitigate the Cost of a Breach

Sep 05, 2023 Data Breach / Password Security
IBM's 2023 installment of their annual " Cost of a Breach " report has thrown up some interesting trends. Of course, breaches being costly is no longer news at this stage! What's interesting is the difference in how organizations respond to threats and which technologies are helping reduce the costs associated with every IT team's nightmare scenario.  The average cost of a breach rose once again to $4.45 million, increasing 15% over the last three years. Costs associated with escalation and detection have rocketed up 42% during the same period. With that in mind, I was surprised to learn that only 51% of the breached entities surveyed by IBM decided to bolster their security investments, despite the rising financial consequences of dealing with a breach. Headline stats around breach costs are interesting – but can digging into these trends actually help you save money? Organizations want to know where to invest their security budget and which technologies offer the bes
Local Governments Targeted for Ransomware – How to Prevent Falling Victim

Local Governments Targeted for Ransomware – How to Prevent Falling Victim

Jul 21, 2023 Password Security / Cybersecurity
Regardless of the country, local government is essential in most citizens' lives. It provides many day-to-day services and handles various issues. Therefore, their effects can be far-reaching and deeply felt when security failures occur. In early 2023, Oakland, California,  fell victim to a ransomware attack . Although city officials have not disclosed how the attack occurred, experts suspect a phishing email is the most likely cause. As a result, city officials brought down their servers to contain the attack. Governments have been the target to many ransomware attacks  and breaches. As most local governments maintain a small IT staff, there is potential for shared passwords, reused credentials, and a lack of multi-factor authentication security, exposing vulnerabilities for a breach.  Oakland is Breached It was first noticed on a Wednesday evening in early February; when Oakland, California city officials quickly took most services' backend servers offline and posted a m
Preventing Insider Threats in Your Active Directory

Preventing Insider Threats in Your Active Directory

Mar 22, 2023 Password Security / Active Directory
Active Directory (AD) is a powerful authentication and directory service used by organizations worldwide. With this ubiquity and power comes the potential for abuse. Insider threats offer some of the most potentials for destruction. Many internal users have over-provisioned access and visibility into the internal network. Insiders' level of access and trust in a network leads to unique vulnerabilities. Network security often focuses on keeping a threat actor out, not on existing users' security and potential vulnerabilities. Staying on top of potential threats means protecting against inside and outside threats. Active Directory Vulnerabilities From the outside, a properly configured AD domain offers a secure authentication and authorization solution. But with complex social engineering and phishing email attacks, an existing AD user can become compromised. Once inside, threat actors have many options to attack Active Directory. Insecure Devices With "Bring Your Own
A Hackers Pot of Gold: Your MSP's Data

A Hackers Pot of Gold: Your MSP's Data

Feb 09, 2023 Password Security
A single ransomware attack on a New Zealand managed service provider (MSP) disrupted several of its clients' business operations overnight, most belonging to the healthcare sector. According to the country's privacy commissioner, " a cyber security incident involving a ransomware attack " in late November upended the daily operations of New Zealand's health ministry when it prevented the staff from accessing thousands of medical records. The Ministry of Justice, six health regulatory authorities, a health insurer, and a handful of other businesses also number among those affected by second-hand damage from the attack. There are ways to  recover from a ransomware attack , but the damage often extends into that attacked organization's customers and vendors.  The targeted MSP in this incident is Mercury IT, a business based in Australia. Te Whatu Ora, the New Zealand health ministry, was unable to access at least 14,000 medical records because of the outage at
A Secure User Authentication Method – Planning is More Important than Ever

A Secure User Authentication Method – Planning is More Important than Ever

Jan 16, 2023 Identity Management / MFA
When considering authentication providers, many organizations consider the ease of configuration, ubiquity of usage, and technical stability. Organizations cannot always be judged on those metrics alone. There is an increasing need to evaluate company ownership, policies and the stability, or instability, that it brings. How Leadership Change Affects Stability In recent months, a salient example is that of Twitter. The Twitter platform has been around since 2006 and is used by millions worldwide. With many users and a seemingly robust authentication system, organizations used Twitter as a primary or secondary authentication service. Inconsistent leadership and policies mean the stability of a platform is subject to change, which is especially true with Twitter as of late. The ownership change to Elon Musk precipitated widespread changes to staffing and policies. Due to those changes,  a large portion of staff was let go , but this included many individuals responsible for the techn
Why Ransomware in Education on the Rise and What That Means for 2023

Why Ransomware in Education on the Rise and What That Means for 2023

Oct 24, 2022
The breach of LA Unified School District (LAUSD) highlights the prevalence of password vulnerabilities, as criminal hackers continue to use breached credentials in increasingly frequent ransomware attacks on education. The Labor Day weekend breach of LAUSD brought significant  districtwide disruptions to access to email , computers, and applications. It's unclear what student or employee data the attackers exfiltrated. There is a significant trend in ransomware breaches in education, a highly vulnerable sector. The transitory nature of students leaves accounts and passwords vulnerable. The open environments schools create to foster student exploration and the relative naivete in the sector regarding cybersecurity invite attacks.  The breach at LAUSD and what happened afterward Four days post-breach, reports came that criminals had offered credentials for accounts inside the school district's network  for sale on the dark web  months before the attack. The stolen credential
IT Security Takeaways from the Wiseasy Hack

IT Security Takeaways from the Wiseasy Hack

Sep 22, 2022
Last month Tech Crunch reported that  payment terminal manufacturer Wiseasy had been hacked . Although Wiseasy might not be well known in North America, their Android-based payment terminals are widely used in the Asia Pacific region and hackers managed to steal passwords for 140,000 payment terminals. How Did the Wiseasy Hack Happen? Wiseasy employees use a cloud-based dashboard for remotely managing payment terminals. This dashboard allows the company to perform a variety of configuration and management tasks such as managing payment terminal users, adding or removing apps, and even locking the terminal.  Hackers were able to gain access to the Wiseasy dashboard by infecting employee's computers with malware. This allowed hackers to gain access to two different employee's dashboards, ultimately leading to a massive harvesting of payment terminal credentials once they gained access. Top Lessons Learned from the Wiseasy Hack 1 — Transparency isn't always the best policy  While i
Shopify Fails to Prevent Known Breached Passwords

Shopify Fails to Prevent Known Breached Passwords

Sep 08, 2022
A recent report revealed that ecommerce provider,  Shopify uses particularly weak password policies  on the customer-facing portion of its Website. According to the report, Shopify's requires its customers to use a password that is at least five characters in length and that does not begin or end with a space.  According to the report, Specops researchers analyzed a list of a billion passwords that were known to have been breached and found that 99.7% of those passwords adhere to Shopify's requirements. While this is not meant to suggest that Shopify customers' passwords have been breached, the fact that so many known breached passwords adhere to Shopify's minimum password requirements does underscore the dangers associated with using weak passwords. The danger of weak passwords in your Active Directory  A recent study by Hive Systems  echoes the dangers of using weak passwords. The study examines the amount of time that would be required to brute force crack passwo
Racoon Stealer is Back — How to Protect Your Organization

Racoon Stealer is Back — How to Protect Your Organization

Jul 25, 2022
The Racoon Stealer malware as a service platform gained notoriety several years ago for its ability to extract data that is stored within a Web browser. This data initially included passwords and cookies, which sometimes allow a recognized device to be authenticated without a password being entered. Racoon Stealer was also designed to steal auto-fill data, which can include a vast trove of personal information ranging from basic contact data to credit card numbers. As if all of that were not enough, Racoon Stealer also had the ability to steal cryptocurrency and to steal (or drop) files on an infected system. As bad as Racoon Stealer might have been, its developers have recently created a new version that is designed to be far more damaging than the version that previously existed.  New Racoon Stealer Capabilities The new version of Raccoon Stealer  still has the ability to steal browser passwords, cookies, and auto-fill data. It also has the ability to steal any credit card numbe
Cybersecurity Resources