Ransomware Insurance Security Requirement Strategies

Ransomware Insurance Security Requirement Strategies

A cyber insurance policy is a necessary element in a company’s risk mitigation strategy. However, obtaining/renewing a policy is becoming more difficult, and premiums have drastically increased. Direct-written premiums increased by 92% in 2021 according to the National Association of Insurance Commissioners. The primary reason for the hardening of the cyber insurance market? Ransomware. Since ransomware accounts for 75% of all insurance claims, premiums are directly correlated with the 148% increase in attacks through Q3…

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TeamTNT Returns – or Does It?

TeamTNT Returns – or Does It?

Our honeypots caught malicious cryptocurrency miner samples targeting the cloud and containers, and its routines are reminiscent of the routines employed by cybercriminal group TeamTNT, which was said to have quit in November 2021. Our investigation shows that another threat actor group, WatchDog, might be mimicking TeamTNT’s arsenal. Source link

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Enhance Cyber Defense with 2022 Cybersecurity Trends

Enhance Cyber Defense with 2022 Cybersecurity Trends

To modernize your cybersecurity strategy, you must understand the imminent risks. Our Midyear Roundup Report helps CISOs and security leads anticipate what’s next, enabling a stronger cyber defense strategy to recognize, assess, and mitigate cyber threats. Trend Micro Midyear 2022 Cybersecurity Roundup Report Each summer, Trend Micro analyzes and correlates attack surface intelligence from approximately 400,000 commercial customers and 20 million consumer customers, alongside data lakes and partnering with third-party research firms. We also review…

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Secure Web Gateway (SWG) Security – SASE Part 3

Secure Web Gateway (SWG) Security – SASE Part 3

How does it all work? First, it starts out with knowing your users and environment. By deploying sensors and integrating with common SaaS apps directly such as Microsoft Office, Google Workspace and many Identity Providers (Azure AD, Active Directory, Okta, etc.), a profile is built around the user and environment. This profile, made up of user and application behavior, can determine risk to the organization and suggest access control policies. Traffic from the ZTNA is…

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CISA Gov Alert: 2023-25 Plan Focuses on Unified Cybersecurity

CISA Gov Alert: 2023-25 Plan Focuses on Unified Cybersecurity

Breakdown of CISA Strategic Plan Goals & Objectives A strategy is a Litmus test for evaluating alternate plans or a guide for investing scare resources. This document plan does not meet those requirements. Instead, it lists a set of noble aspirations and goals. Goal 1: Cyber Defense, and Goal 2: Risk Reduction and Resilience, are core to CISA’s mission to protect critical infrastructure. Goal 3: Operational Collaboration and Goal 4: Agency Unification, speak to the…

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Incident Response Services & Playbooks Guide

Incident Response Services & Playbooks Guide

Cybersecurity Awareness Month 2022 Series No matter the size of a business, it faces the risk of a cyberattack. Over 50% of organizations experienced a cyberattack. And while proactive protection is ideal, there is no silver bullet when it comes to security—meaning you should plan for incident response as well. Yet, 63% of C-level executives in the US do not have an incident response plan, according to a report by Shred-It. That’s where an incident…

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Stronger Cloud Security in Azure Function Using Custom Cloud Container

Stronger Cloud Security in Azure Function Using Custom Cloud Container

Stronger Cloud Security in Azure Function Using Custom Cloud Container Cloud In this entry, we discuss how developers can use custom cloud container image and the distroless approach to minimize security gaps in Azure Functions. By: David Fiser, Alfredo Oliveira September 29, 2022 Read time:  ( words) We have written extensively on the security gaps in Azure Functions and Azure App Services, including their consequences. One way developers can enhance cloud security and minimize these…

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Preventing Cryptocurrency Cyber Extortion

Preventing Cryptocurrency Cyber Extortion

High value and anonymity have made cryptocurrency the de facto currency for cybercriminals—and made preventing cyber extortion top of mind for law enforcement and enterprises. Cybercriminals are looking beyond Bitcoin to stay hidden Researchers have recently shown how address-linking techniques can be used to tie Bitcoin addresses back to unique individuals. That’s called into question the fundamental value proposition of privacy that Bitcoin has staked its name on since its early days. Cybercriminals, already one…

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Cybersecurity Awareness Month 2022: 3 Actionable Tips

Cybersecurity Awareness Month 2022: 3 Actionable Tips

Decrease the Risk Assessment Time Gap Towards Continuous Assessment Semi-annual penetration tests get a box checked and keep you out of compliance jail, but cybersecurity has moved to near-real time and so too must your assessment. Continuous monitoring has been an important goal, but we need to advance it to making continuous decisions based on that continuous monitoring. Even events such as authenticating to use a VPN are too infrequent to make actionable judgements: in…

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Security Risks in Logistics APIs Used by E-Commerce Platforms

Security Risks in Logistics APIs Used by E-Commerce Platforms

Security Risks in Logistics APIs Used by E-Commerce Platforms Our research examines the security flaws that we found in the logistics API implementation of e-commerce platforms that can potentially expose the consumers’ personal information. We discuss the security risks that such flaws present for software engineers, e-commerce platform providers, and consumers. By: Ryan Flores, Charles Perine, Lord Alfred Remorin, Roel Reyes September 20, 2022 Read time:  ( words) The connectivity that we’ve experienced of late…

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