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Why do companies fail to stop breaches despite soaring IT security investment?

Why do companies fail to stop breaches despite soaring IT security investment?

Mar 01, 2021
Let's first take a look back at 2020! Adding to the list of difficulties that surfaced last year, 2020 was also grim for personal data protection, as it has marked a new record number of leaked credentials and PI data. A whopping 20 billion records were stolen in a single year, increasing 66% from 12 billion in 2019. Incredibly, this is a 9x increase from the comparatively "small" amount of 2.3 billion records stolen in 2018. This trend seems to fit an exponential curve; even worse, we are yet to see the fallouts from the end of the year "Solorigate" campaign, which has the potential to marginalize even these numbers by the end of 2021. Found among the leaked data are usernames, passwords, credit card numbers, bank account details, healthcare information, and other personal data. Malicious actors utilize these treasure troves of information for fraud and further attacks. In just the first quarter of 2020, the Dutch government managed to lose a hard drive ...
Chinese Hackers Targeted India's Power Grid Amid Geopolitical Tensions

Chinese Hackers Targeted India's Power Grid Amid Geopolitical Tensions

Mar 01, 2021
Amid heightened  border tensions  between India and China, cybersecurity researchers have revealed a concerted campaign against India's critical infrastructure, including the nation's power grid, from Chinese state-sponsored groups. The attacks, which coincided with the standoff between the two nations in May 2020, targeted a total of 12 organizations, 10 of which are in the power generation and transmission sector. "10 distinct Indian power sector organizations, including four of the five Regional Load Despatch Centres (RLDC) responsible for operation of the power grid through balancing electricity supply and demand, have been identified as targets in a concerted campaign against India's critical infrastructure," Recorded Future  said  in a report published yesterday. "Other targets identified included 2 Indian seaports." Chief among the victims include a power plant run by National Thermal Power Corporation (NTPC) Limited and New Delhi-based Power...
SolarWinds Blames Intern for 'solarwinds123' Password Lapse

SolarWinds Blames Intern for 'solarwinds123' Password Lapse

Mar 01, 2021
As cybersecurity researchers continue to piece together the sprawling  SolarWinds supply chain attack , top executives of the Texas-based software services firm blamed an intern for a critical password lapse that went unnoticed for several years.  The said password " solarwinds123 " was originally believed to have been publicly accessible via a GitHub repository since June 17, 2018, before the misconfiguration was addressed on November 22, 2019. But in a  hearing  before the House Committees on Oversight and Reform and Homeland Security on SolarWinds on Friday, CEO Sudhakar Ramakrishna testified that the password had been in use as early as 2017. While a preliminary investigation into the attack revealed that the operators behind the espionage campaign managed to compromise the software build and code signing infrastructure of SolarWinds Orion platform as early as October 2019 to deliver the Sunburst backdoor, Crowdstrike's incident response efforts pointed to a...
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10 Best Practices for Building a Resilient, Always-On Compliance Program

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North Korean Hackers Targeting Defense Firms with ThreatNeedle Malware

North Korean Hackers Targeting Defense Firms with ThreatNeedle Malware

Feb 26, 2021
A prolific North Korean state-sponsored hacking group has been tied to a new ongoing espionage campaign aimed at exfiltrating sensitive information from organizations in the defense industry. Attributing the attacks with high confidence to the  Lazarus Group , the new findings from Kaspersky signal an expansion of the APT actor's tactics by going beyond the usual gamut of financially-motivated crimes to fund the cash-strapped regime.  This broadening of its strategic interests happened in early 2020 by leveraging a tool called ThreatNeedle , researchers Vyacheslav Kopeytsev and Seongsu Park said in a Thursday write-up. At a high level, the campaign takes advantage of a multi-step approach that begins with a carefully crafted spear-phishing attack leading eventually to the attackers gaining remote control over the devices. ThreatNeedle is delivered to targets via COVID-themed emails with malicious Microsoft Word attachments as initial infection vectors that, when opened, ...
ALERT: Malicious Amazon Alexa Skills Can Easily Bypass Vetting Process

ALERT: Malicious Amazon Alexa Skills Can Easily Bypass Vetting Process

Feb 26, 2021
Researchers have uncovered gaps in Amazon's skill vetting process for the Alexa voice assistant ecosystem that could allow a malicious actor to publish a deceptive skill under any arbitrary developer name and even make backend code changes after approval to trick users into giving up sensitive information. The findings were presented on Wednesday at the Network and Distributed System Security Symposium (NDSS) conference by a group of academics from Ruhr-Universität Bochum and the North Carolina State University, who analyzed 90,194 skills available in seven countries, including the US, the UK, Australia, Canada, Germany, Japan, and France. Amazon Alexa allows third-party developers to create additional functionality for devices such as Echo smart speakers by configuring "skills" that run on top of the voice assistant, thereby making it easy for users to initiate a conversation with the skill and complete a specific task.  Chief among the findings is the concern that ...
Cisco Releases Security Patches for Critical Flaws Affecting its Products

Cisco Releases Security Patches for Critical Flaws Affecting its Products

Feb 26, 2021
Cisco has addressed a maximum severity vulnerability in its Application Centric Infrastructure (ACI) Multi-Site Orchestrator (MSO) that could allow an unauthenticated, remote attacker to bypass authentication on vulnerable devices. "An attacker could exploit this vulnerability by sending a crafted request to the affected API," the company  said  in an advisory published yesterday. "A successful exploit could allow the attacker to receive a token with administrator-level privileges that could be used to authenticate to the API on affected MSO and managed Cisco Application Policy Infrastructure Controller (APIC) devices." The bug, tracked as CVE-2021-1388, ranks 10 (out of 10) on the CVSS vulnerability scoring system and stems from an improper token validation in an API endpoint of Cisco ACI MSO installed the Application Services Engine. It affects ACI MSO versions running a 3.0 release of the software. The ACI Multi-Site Orchestrator lets customers monitor and m...
Chinese Hackers Using Firefox Extension to Spy On Tibetan Organizations

Chinese Hackers Using Firefox Extension to Spy On Tibetan Organizations

Feb 25, 2021
Cybersecurity researchers today unwrapped a new campaign aimed at spying on vulnerable Tibetan communities globally by deploying a malicious Firefox extension on target systems. "Threat actors aligned with the Chinese Communist Party's state interests delivered a customized malicious Mozilla Firefox browser extension that facilitated access and control of users' Gmail accounts," Proofpoint said in an analysis. The Sunnyvale-based enterprise security company pinned the phishing operation on a Chinese advanced persistent threat (APT) it tracks as  TA413 , which has been previously attributed to attacks against the Tibetan diaspora by leveraging  COVID-themed lures  to deliver the Sepulcher malware with the strategic goal of espionage and civil dissident surveillance. The researchers said the attacks were detected in January and February 2021, a pattern that has continued since March 2020. The infection chain begins with a phishing email impersonating the "Tib...
The Top Free Tools for Sysadmins in 2021

The Top Free Tools for Sysadmins in 2021

Feb 25, 2021
It's no secret that sysadmins have plenty on their plates. Managing, troubleshooting, and updating software or hardware is a tedious task. Additionally, admins must grapple with complex webs of permissions and security. This can quickly become overwhelming without the right tools. If you're a sysadmin seeking to simplify your workflows, you're in luck. We've gathered some excellent software picks to help tackle different duties more efficiently.  Thankfully, these free tools are also respectful of tight budgets—without sacrificing core functionality. Best for Permissions Management: SolarWinds Permissions Analyzer for Active Directory Whether you are part of an organization with many members or numerous resources, keeping track of permissions can be challenging. Changes in responsibilities, titles, or even employment statuses can influence one's access to proprietary data. Each user has unique privileges. We not only need to visualize these but manage them on ...
Russian Hackers Targeted Ukraine Authorities With Supply-Chain Malware Attack

Russian Hackers Targeted Ukraine Authorities With Supply-Chain Malware Attack

Feb 25, 2021
Ukraine is formally pointing fingers at Russian hackers for hacking into one of its government systems and attempting to plant and distribute malicious documents that would install malware on target systems of public authorities. "The purpose of the attack was the mass contamination of information resources of public authorities, as this system is used for the circulation of documents in most public authorities," the National Security and Defense Council of Ukraine (NSDC)  said  in a statement published on Wednesday. The NSDC's National Coordination Center for Cybersecurity (NCCC) termed it a supply chain attack aimed at the System of Electronic Interaction of Executive Bodies (SEI EB), which is used to distribute documents to officials. Calling it a work of threat actors with ties to Russia, the NSDC said the decoy documents came embedded with a macro that, when opened, stealthily downloaded malicious code to control the compromised system remotely. "The metho...
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