June, 2022

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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space. Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019. In response, Matthew Green has written —not really a rebuttal—but a “a general response to some of the more common spurious objections …people make to public blockchain systems.” In it, he

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Malware Breach Affects 1.2 Million Medical Center Patients

Data Breach Today

Baptist Medical Center Latest on Growing List of Entities Reporting Major Hacks A malware incident involving exfiltration of data has affected more than 1.24 million patients of Texas-based Baptist Medical Center and Resolute Health Hospital. It adds to a growing list of major health data breaches reported to regulators in recent weeks as affecting millions of individuals.

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KrebsOnSecurity in New Netflix Series on Cybercrime

Krebs on Security

Netflix has a new documentary series airing next week — “ Web of Make Believe: Death, Lies & the Internet ” — in which Yours Truly apparently has a decent amount of screen time. The debut episode explores the far-too-common harassment tactic of “ swatting ” — wherein fake bomb threats or hostage situations are phoned in to police as part of a scheme to trick them into visiting potentially deadly force on a target’s address.

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GUEST ESSAY: The Top 5 online privacy and data security threats faced by the elderly

The Last Watchdog

What is it about the elderly that makes them such attractive targets for cybercriminals? A variety of factors play a role. Related: The coming of bio-digital twins. Unlike many younger users online, they may have accumulated savings over their lives — and those nest eggs are a major target for hackers. Now add psychological variables to the mix of assets worth stealing.

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Prevent Data Breaches With Zero-Trust Enterprise Password Management

Keeper Security is transforming cybersecurity for people and organizations around the world. Keeper’s affordable and easy-to-use solutions are built on a foundation of zero-trust and zero-knowledge security to protect every user on every device. Our next-generation privileged access management solution deploys in minutes and seamlessly integrates with any tech stack to prevent breaches, reduce help desk costs and ensure compliance.

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Reflecting on the UK Inaugural DaTA Conference: Top Five Trends to Watch as Global Regulators Step up Enforcement in Digital Markets

Data Matters

Last week, the UK Competition and Markets Authority (CMA) hosted its inaugural Data, Technology, and Analytics (DaTA) Conference. The CMA DaTa Conference has been hailed as a milestone as it convened for the first time regulators, data scientists, engineers, tech companies, and academics to discuss evolving challenges in digital markets. The conference coincided with London Tech Week, during which Chris Philp, UK Minister for Tech and the Digital Economy, unveiled a new UK Digital Strategy: the

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Artificial Intelligence and Security: What You Should Know

Dark Reading

Next-generation AI products learn proactively and identify changes in the networks, users, and databases using "data drift" to adapt to specific threats as they evolve.

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Russian Cyberattack on Ukrainian TV Channels Blocked

Data Breach Today

Ukraine Fights Russian Disinformation Perpetuated by Hacking and Social Media Ukraine says it has thwarted multiple Russian misinformation campaigns, including blocking attempts to penetrate the electronic systems of its TV channels on the eve of its Constitution Day holiday. It also flagged social media accounts spreading fake videos.

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Why Paper Receipts are Money at the Drive-Thru

Krebs on Security

Check out this handmade sign posted to the front door of a shuttered Jimmy John’s sandwich chain shop in Missouri last week. See if you can tell from the store owner’s message what happened. If you guessed that someone in the Jimmy John’s store might have fallen victim to a Business Email Compromise (BEC) or “CEO fraud” scheme — wherein the scammers impersonate company executives to steal money — you’d be in good company.

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RSAC insights: Malware is now spreading via weaponized files circulating in data lakes, file shares

The Last Watchdog

The zero trust approach to enterprise security is well on its way to mainstream adoption. This is a very good thing. Related: Covid 19 ruses used in email attacks. At RSA Conference 2022 , which takes place next week in San Francisco, advanced technologies to help companies implement zero trust principals will be in the spotlight. Lots of innovation has come down the pike with respect to imbuing zero trust into two pillars of security operations: connectivity and authentication.

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Optimizing The Modern Developer Experience with Coder

Many software teams have migrated their testing and production workloads to the cloud, yet development environments often remain tied to outdated local setups, limiting efficiency and growth. This is where Coder comes in. In our 101 Coder webinar, you’ll explore how cloud-based development environments can unlock new levels of productivity. Discover how to transition from local setups to a secure, cloud-powered ecosystem with ease.

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Introducing the Mac Admins Foundation

Jamf

A new nonprofit organization birthed from the thriving Slack community is working to enhance access and development for IT professionals working with Apple devices.

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Cybercriminals Use Azure Front Door in Phishing Attacks

Security Affairs

Experts identified a spike in phishing content delivered via Azure Front Door (AFD), a cloud CDN service provided by Microsoft. Resecurity, Inc. (USA) has identified a spike in phishing content delivered via Azure Front Door (AFD), a cloud CDN service provided by Microsoft. The identified resources in one of the malicious campaigns impersonate various services appearing to be legitimately created on the “azurefd.net” domain – This allows the bad actors to trick users and spread phishing content

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UK GDPR Reform: government publishes response to consultation – likely to form basis of forthcoming UK Data Reform Bill

Data Protection Report

UK GDPR Reform: government publishes response to consultation – likely to form basis of forthcoming UK Data Reform Bill. The Department for Culture, Media and Sport (DCMS) has finally published the UK government’s long-awaited response to the consultation on the future of the UK data protection regime. The government set out very high level principles for a Data Reform Bill in the Queen’s Speech in May.

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Threat Watch: Russia-Ukraine War Remains Top CISO Risk

Data Breach Today

DXC Technology's Michael Baker on Top Threats, Recruitment Tips, Career Advice Threat watch: The ongoing Russia-Ukraine war continues to pose both direct and indirect risks to enterprise networks, says Michael Baker, vice president and IT CISO of IT services and consulting firm DXC Technology. He also discusses recruiting and retaining new talent.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Meet the Administrators of the RSOCKS Proxy Botnet

Krebs on Security

Authorities in the United States, Germany, the Netherlands and the U.K. last week said they dismantled the “ RSOCKS ” botnet, a collection of millions of hacked devices that were sold as “proxies” to cybercriminals looking for ways to route their malicious traffic through someone else’s computer. While the coordinated action did not name the Russian hackers allegedly behind RSOCKS, KrebsOnSecurity has identified its owner as a 35-year-old Russian man living abroad w

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RSAC insights: How ‘TPRM’ can help shrink security skills gap — while protecting supply chains

The Last Watchdog

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

A cyberattack is any action taken by a cyber criminal in an attempt to illegally gain control of a computer, device, network, or system with malicious intent. Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Cyberattacks are on the rise, with cyber criminal trends and techniques becoming increasingly sophisticated and creative.

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Ransomware gangs are exploiting CVE-2022-26134 RCE in Atlassian Confluence servers

Security Affairs

Ransomware gangs are actively exploiting CVE-2022-26134 remote code execution (RCE) flaw in Atlassian Confluence Server and Data Center. Multiple ransomware groups are actively exploiting the recently disclosed remote code execution (RCE) vulnerability, tracked as CVE-2022-26134 , affecting Atlassian Confluence Server and Data Center. Proof-of-concept exploits for the CVE-2022-26134 vulnerability have been released online, Bleeping Computer reported that starting from Friday afternoon, a proo

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The Tumultuous IT Landscape Is Making Hiring More Difficult

After a year of sporadic hiring and uncertain investment areas, tech leaders are scrambling to figure out what’s next. This whitepaper reveals how tech leaders are hiring and investing for the future. Download today to learn more!

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Thailand’s Personal Data Protection Act Enters into Force

Hunton Privacy

On June 1, 2022, Thailand’s Personal Data Protection Act (“PDPA”) entered into force after three years of delays. The PDPA, originally enacted in May 2019, provides for a one-year grace period, with the main operative provisions of the law originally set to come into force in 2020. Due to the COVID-19 pandemic, however, the Thai government issued royal decrees to extend the compliance deadline to June 1, 2022. .

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Highlights of RSA Conference 2022

Data Breach Today

The latest edition of the ISMG Security Report includes highlights and observations from RSA Conference 2022, including a key message from RSA CEO Rohit Ghai. It also discusses the value of automation and the Cybersecurity and Infrastructure Security Agency's mission to grow cyber talent.

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Adconion Execs Plead Guilty in Federal Anti-Spam Case

Krebs on Security

At the outset of their federal criminal trial for hijacking vast swaths of Internet addresses for use in large-scale email spam campaigns, three current or former executives at online advertising firm Adconion Direct (now Amobee ) have pleaded guilty to lesser misdemeanor charges of fraud and misrepresentation via email. In October 2018, prosecutors in the Southern District of California named four Adconion employees — Jacob Bychak , Mark Manoogian , Petr Pacas , and Mohammed Abdul Qayyum

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RSAC insights: ‘CAASM’ tools and practices get into the nitty gritty of closing network security gaps

The Last Watchdog

Reducing the attack surface of a company’s network should, by now, be a top priority for all organizations. Related: Why security teams ought to embrace complexity. As RSA Conference 2022 gets underway today in San Francisco, advanced systems to help companies comprehensively inventory their cyber assets for enhanced visibility to improve asset and cloud configurations and close security gaps will be in the spotlight.

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Improving the Accuracy of Generative AI Systems: A Structured Approach

Speaker: Anindo Banerjea, CTO at Civio & Tony Karrer, CTO at Aggregage

When developing a Gen AI application, one of the most significant challenges is improving accuracy. This can be especially difficult when working with a large data corpus, and as the complexity of the task increases. The number of use cases/corner cases that the system is expected to handle essentially explodes. 💥 Anindo Banerjea is here to showcase his significant experience building AI/ML SaaS applications as he walks us through the current problems his company, Civio, is solving.

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Top 5 Cyber Security Risks for Businesses

IT Governance

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. Criminal hackers are adept at spotting weaknesses, while organisations do themselves no favours when they fail to adequately protect their systems. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average.

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Iran-linked Lyceum APT adds a new.NET DNS Backdoor to its arsenal

Security Affairs

Iran-linked Lyceum APT group uses a new.NET-based DNS backdoor to target organizations in the energy and telecommunication sectors. The Iran-linked Lyceum APT group, aka Hexane or Spilrin, used a new.NET-based DNS backdoor in a campaign aimed at companies in the energy and telecommunication sectors, ZScaler researchers warn. The activity of the Lyceum APT group was first documented earlier in August 2019 by researchers at ICS security firm Dragos which tracked it as Hexane.

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7 Ways to Avoid Worst-Case Cyber Scenarios

Dark Reading

In the wake of devastating attacks, here are some of the best techniques and policies a company can implement to protect its data.

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FBI: Hospital Averted 'Despicable' Iranian Cyberattack

Data Breach Today

FBI Director Says Boston Children's Hospital Was Targeted Last Summer Boston Children's Hospital thwarted a cyberattack by government-backed Iranian hackers last summer after U.S. authorities received intelligence about the pending assault and alerted the hospital, says FBI Director Christopher Wray, who called Iran's planned cyberattack "despicable.

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Driving Responsible Innovation: How to Navigate AI Governance & Data Privacy

Speaker: Aindra Misra, Senior Manager, Product Management (Data, ML, and Cloud Infrastructure) at BILL

Join us for an insightful webinar that explores the critical intersection of data privacy and AI governance. In today’s rapidly evolving tech landscape, building robust governance frameworks is essential to fostering innovation while staying compliant with regulations. Our expert speaker, Aindra Misra, will guide you through best practices for ensuring data protection while leveraging AI capabilities.

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What Counts as “Good Faith Security Research?”

Krebs on Security

The U.S. Department of Justice (DOJ) recently revised its policy on charging violations of the Computer Fraud and Abuse Act (CFAA), a 1986 law that remains the primary statute by which federal prosecutors pursue cybercrime cases. The new guidelines state that prosecutors should avoid charging security researchers who operate in “good faith” when finding and reporting vulnerabilities.

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GUEST ESSAY: Threat hunters adapt personas, leverage AI to gather intel in the Dark Web

The Last Watchdog

The Deep & Dark Web is a mystery to most in the mainstream today: many have heard about it, but few understand just a fraction of what’s going on there. Related: ‘IABs’ spread ransomware. Planning your roadmap, executing your projects, and keeping an eye on the barrage of ransomware headlines, it’s understandable if you and your team are feeling some anxiety.

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Symbiote Backdoor in Linux

Schneier on Security

Interesting : What makes Symbiote different from other Linux malware that we usually come across, is that it needs to infect other running processes to inflict damage on infected machines. Instead of being a standalone executable file that is run to infect a machine, it is a shared object (SO) library that is loaded into all running processes using LD_PRELOAD (T1574.006), and parasitically infects the machine.

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