business security | Breaking Cybersecurity News | The Hacker News

In 2023, no fewer than 94 percent of businesses were impacted by phishing attacks, a 40 percent increase compared to the previous year, according to research from Egress . What's behind the surge in phishing? One popular answer is AI – particularly generative AI, which has made it trivially easier for threat actors to craft content that they can use in phishing campaigns, like malicious emails and, in more sophisticated cases, deepfake videos . In addition, AI can help write the malware that threat actors often plant on their victims' computers and servers as part of phishing campaigns. Phishing as a Service , or PhaaS, is another development sometimes cited to explain why phishing threats are at an all-time high. By allowing malicious parties to hire skilled attackers to carry out phishing campaigns for them, PhaaS makes it easy for anyone with a grudge – or a desire to exfiltrate some money from unsuspecting victims – to launch phishing attacks. Phishing has become agil...

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clien...

Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...

Communication is a vital skill for any leader at an organization, regardless of seniority. For security leaders, this goes double. Communicating clearly works on multiple levels. On the one hand, security leaders and CISOs must be able to communicate strategies clearly – instructions, incident response plans, and security policies. On the other, they must be able to communicate the importance of security and the value of having robust defenses to the C-level.  For CISOs and other security leaders, this latter skill is crucial but often overlooked or not prioritized. A new webinar: " How to ace your Infosec board deck ," looks to shed light on both the importance of being able to communicate clearly with management, and key strategies to do so effectively. The webinar will feature a conversation with vCISO and Cybersecurity Consultant Dr. Eric Cole, as well as Norwest Venture Partners General Partner Dave Zilberman.  More so than just talking about the dollar value of a sec...

Advanced Persistent Threats groups were once considered a problem that concerns Fortune 100 companies only. However, the threat landscape of the recent years tells otherwise—in fact, every organization, regardless of vertical and size is at risk, whether as a direct target, supply chain or collateral damage. The vast majority of security decision-makers acknowledge they need to address the APT risk with additional security solutions but struggle with mapping APT attack vectors to a clear-cut set of security product capabilities, which impairs their ability to choose the products that would best protect them. Cynet is now addressing this need with the definitive RFP templates for EDR/EPP and APT Protection , an expert-made security requirement list, that enables stakeholders to accelerate and optimize the evaluation process of the products they evaluate. These RFP templates aim to capture the widest common denominator in terms of security needs and deliver the essential that are...

In a recent highly targeted BEC attack, hackers managed to trick three British private equity firms into wire-transferring a total of $1.3 million to the bank accounts fraudsters have access to — while the victimized executives thought they closed an investment deal with some startups. According to the cybersecurity firm Check Point, who shared its latest investigation with The Hacker News, nearly $700,000 of the total wire transferred amount has permanently lost to the attackers, with the rest of the amount recovered after researchers alerted the targeted firms in time. Dubbed ' The Florentine Banker ,' the sophisticated cybercrime gang behind this attack, "seems to have honed their techniques over multiple attacks, from at least several years of activity and has proven to be a resourceful adversary, quickly adapting new situations," the researchers said. 'The techniques they use, especially the lookalike domains technique, present a severe threat — not ...

The US Department of Justice (DoJ) and the Federal Bureau of Investigation (FBI) charged Huawei with racketeering and conspiring to steal trade secrets from six US firms, in a significant escalation of a lawsuit against the Chinese telecom giant that began last year. Accusing Huawei and its affiliates of "using fraud and deception to misappropriate sophisticated technology from US counterparts," the new charges allege the company of offering bonuses to employees who obtained "confidential information" from its competitors. The indictment adds to a list of two other charges filed by the US government last year, including violating US sanctions on Iran and stealing technology from T-Mobile — called Tappy — that's used to test smartphone durability. The development is the latest salvo fired by the Trump administration in its year-long fight against the networking equipment maker, which it deems a threat to national security. "The misappropriated ...

"Warning — Making your calendar public will make all events visible to the world, including via Google search. Are you sure?" Remember this security warning? No? If you have ever shared your Google Calendars, or maybe inadvertently, with someone that should not be publicly accessible anymore, you should immediately go back to your Google settings and check if you're exposing all your events and business activities on the Internet accessible to anyone. At the time of writing, there are over 8000 publicly accessible Google Calendars, searchable using Google engine itself, that allow anyone to not only access sensitive details saved to them but also add new events with maliciously crafted information or links, security researcher Avinash Jain told The Hacker News. Avinash Jain , a security researcher from India working in an e-commerce company, Grofers, who previously found vulnerabilities in other platforms like NASA, Google, Jira, and Yahoo. "I was able...

The massive data breach at Capital One – America's seventh-largest bank, according to revenue – has challenged many common assumptions about cloud computing for the first time. Ironically, the incident, which exposed some 106 million Capital One customers' accounts , has only reinforced the belief that the cloud remains the safest way to store sensitive data. "You have to compare [the cloud] not against 'perfect' but against 'on-premises.'" Ed Amoroso, a former chief security officer at AT&T, told Fortune magazine this week. He wasn't the only voice defending cloud computing in the wake of a hack attack. In an article titled "Don't Doubt the Cloud," Fortune columnist Robert Hackett , wrote: "The cloud is undeniably convenient and, more importantly, better in terms of security than what the majority of companies can achieve alone." The problem, experts said, was not cloud computing but rather the tendency for...

In every organization, there is a person who's directly accountable for cybersecurity. The name of the role varies per the organization's size and maturity – CISO, CIO, and Director of IT are just a few common examples – but the responsibility is similar in all places. They're the person who understands the risk and exposure, knows how prepared the team and most important – what the gaps are and how they can be best addressed. Apart from actually securing the organization – and losing some sleep over it – this individual has another equally important task: to communicate the security risk, needs, and status to the company's management. After all, the level of security rises in direct proportion to the amount of invested resources, and management people are the ones who decide and allocate them. Since management people are not typically cybersecurity savvy, engaging them can be challenging – one must find the balance between high-level explanations, a direct c...

Cybersecurity experts all echo the same thing – cyber attacks are going to get more rampant, and they will continue to pose severe threats against all technology users. Businesses, in particular, have become prime targets for cybercriminals due to the nature of data and information they process and store. 2018 saw a slew of data breaches targeting large enterprises that resulted in the theft of the personal and financial records of millions of customers. Falling victim to cyber attacks can deal with a major financial blow to businesses as the cost of dealing with an attack has risen to $1.1 million on the average. It can even be more devastating for small to medium-sized businesses. 60 percent of these smaller operations close within six months after failing to recover from cyber attacks. But aside from these monetary costs, companies can also lose credibility and their customers' confidence. Needless to say, businesses must improve the protection of their infrastructures...

High-quality cybersecurity posture is typically regarded as the exclusive domain of the large and heavy resourced enterprises – those who can afford a multi-product security stack and a skilled security team to operate it. This implies a grave risk to all organizations who are not part of this group, since the modern threat landscape applies to all, regardless of size and vertical. What is less commonly known is that by following basic and well-defined practices and wise security product choices, any organization can level up its defenses to a much higher standard. "At the end of the day it comes down to strategic planning," says Eyal Gruner, CEO and co-founder of Cynet, "rather than thinking in term of specific product or need, zoom out and breakdown the challenge to its logical parts – what do you need to do proactively on an on-going basis, while you're under attack and when you manage a recovery process." From the various frameworks of security b...

Doing business in today's connected world means dealing with a continually evolving threat landscape. With potential losses due to downtime following a breach, plus valuable client and proprietary information at risk, most organizations realize they cannot afford to be complacent. This puts extra onus on security IT teams, who are continuously left scrambling, looking for the best way to protect their organizations against the threats that bypass AV and firewall. Added to this is another challenge in that most organizations are limited in the resources they can invest in security. Many are left reliant on a single product on top of their security stack. Common practice in organizational security circles as they attempt to remain secure is to upgrade endpoint protection with EPP\EDR or a Network Analytic tool. But as we all know, what's common is not necessarily what's best. How can an organization ensure it remains secure, especially with all that is at stake? ...