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John Hanley of IBM Security shares 4 key findings from the highly acclaimed annual Cost of a Data Breach Report 2023 What is the IBM Cost of a Data Breach Report? The IBM Cost of a Data Breach Report is an annual report that provides organizations with quantifiable information about the financial impacts of breaches. With this data, they can make data driven decisions about how they implement security in their organization. The report is conducted by the Ponemon Institute and sponsored, analyzed, and published by IBM Security. In 2023, the 18th year the report was published, the report analyzed 553 breaches across 16 countries and 17 industries. According to Etay Maor, Senior Director of Security Strategy at  Cato Networks , "We tend to talk a lot about security issues and solutions. This report puts a number behind threats and solutions and provides a lot of information to support claims of how a threat actor, a solution or a process impacts you financially." Key Finding #1: The

Vulnerability Discovered in SpyEye Botnet , Exploit Available for Download Blind SQL injection Vulnerability Discovered in SpyEye Botnet by S4(uR4 ( r00tw0rm.com ) Exploit : Vulnn type : Blind SQL injection vuln script : frm_cards_edit.php Affected version : ALL May use any botnet from : https://spyeyetracker.abuse.ch/monitor.php What is SpyEye ? W32/SpyEye Aliases :  This is a list of aliases for the variant of SpyEye discovered in early February 2011 that has been actively targeting Norwegian banking websites: Trojan-Spy.Win32.SpyEyes.evg (Kaspersky) PWS-Spyeye.m (McAfee) Trojan:Win32/EyeStye.H (Microsoft) A variant of Win32/Spy.SpyEye.CA (NOD32) W32/Malware.QOOC (Norman) Trojan.Zbot (Symantec) Mal_Xed-24 (Trend Micro) Brief overview SpyEye is a trojan with backdoor capabilities that attempts to steal sensitive information related to online banking and credit card transactions from an infected machine. SpyEye is sold via its author in an easy to configure kit

Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac

Phishing and Malware Among the major cyber threats, the malware remains a significant danger. The 2017 WannaCry outbreak that cost businesses worldwide up to $4 billion is still in recent memory, and other new strains of malware are discovered on a daily basis. Phishing has also seen a resurgence in the last few years, with many new scams being invented to take advantage of unsuspecting companies. Just one variation, the CEO Fraud email scam, cost UK businesses alone £14.8m in 2018. Working From Home Staff working from home are outside the direct oversight of IT support teams and often struggle to deal with cyber threats and appropriately protect company information. Failing to update software and operating systems, sending data over insecure networks, and increasing reliance on email and online messaging has made employees far more susceptible to threats ranging from malware to phishing. Human Error While technical solutions like spam filters and mobile device management syste

Despite a plethora of available security solutions, more and more organizations fall victim to Ransomware and other threats. These continued threats aren't just an inconvenience that hurt businesses and end users - they damage the economy, endanger lives, destroy businesses and put national security at risk. But if that wasn't enough – North Korea appears to be  using revenue from cyber attacks to funds its nuclear weapons program . Small and mid-size businesses are increasingly caught in the dragnet of ongoing malware attacks - often due to underfunded IT departments. Exacerbating the problem are complex enterprise security solutions that are often out of reach for many companies - especially when multiple products are seemingly needed to establish a solid defense. Volume-based products that incentivize users to collect less data in order to conserve funds work backward, dampening the anticipated benefits. But what if you could detect many malware attacks holistically with

For the better part of the 90s and early aughts, the sysadmin handbook said, " Filter your incoming traffic, not everyone is nice out there " (later coined by Gandalf as " You shall not pass "). So CIOs started to supercharge their network fences with every appliance they could get to protect against inbound (aka INGRESS) traffic. In the wake of the first mass phishing campaigns in the early 2010s, it became increasingly obvious that someone had to deal with the employees and, more and specifically, their stunning capacity to click on every link they'd receive. Outbound traffic filtering (aka EGRESS) became an obsession. Browser security, proxies, and other glorified antiviruses became the must-have every consulting firm would advise their clients to get their hands on ASAP. The risk was real, and the response was fairly adapted, but it also contributed to the famous " super soldier " stance. I'm alone against an army? So be it, I'll dig a t

Nobody likes to do router and firewall management. It often requires a lot of hard labor just keeping the infrastructure up and running. If you ever had to set up IPsec tunnels between different firewall brands, change a firewall rule and hope nothing breaks, upgrade to the latest software or urgently patch a vulnerability – you know what I am talking about. All of these issues have been with us basically forever. Recently, the list of complex tasks extended to getting cloud infrastructure connected to the rest of the network, and secure access for mobile users. There seems to be a change coming to this key part of IT, a silver lining if you will. We decided to take a look at one solution to this problem – the Cato Cloud from Cato Networks. Founded in 2015, Cato Networks provides a software-defined and cloud-based secure enterprise network that connects all locations, people and data to the Cato Cloud – a single, global, and secure network. Cato promises to simplify netwo