The security world continues its fight against potential widespread exploitation of the critical remote code execution vulnerability - tracked as CVE-2021-44229 - in Apache's Log4j software library, versions 2.0-beta9 to 2.14.1, known as "Log4Shell" and "Logjam." This is a digest of ISMG's updates.
The Log4j vulnerability exists in unpatched versions of Ubiquiti's UniFi Network applications, and is being actively targeted by attackers via a customized exploit, researchers at security firm Morphisec warn. While updates are available, systems remain at risk until patched.
In 2021, there were 1,862 data compromises - a 68% increase over 2020, according to the Identity Theft Resource Center's Annual Data Breach Report. "In this past year, there were more cyberattack-related data breaches than there were all forms of data breaches in 2020," says ITRC COO James E. Lee.
In the first of a planned series of articles looking at strategies that have helped her and her teams over the years to not just survive a stressful environment, but thrive in it, cybersecurity executive and CyberEdBoard executive member Kerissa Varma offers this: Be a human, not a terminator.
Four ISMG editors discuss: how too many organizations fail to implement basic cybersecurity defenses - such as MFA; a proposed lawsuit against health insurer Excellus that calls for an improvement to its data security program; and strategies for securing open-source and other software components.
Eva Velasquez, CEO of the Identity Theft Resource Center, shares six predictions for 2022 that show a shift from identity theft to identity fraud as cybercriminals continue to refine who they target, what information they steal and what they do with it.
The latest edition of the ISMG Security Report features an analysis of whether a new ransomware operation is a spinoff of the notorious REvil or simply copying the group's moves; how Maersk responded to the NotPetya wiper malware attack; and essential incident response skills.
The risks posed by Apache Log4j continue, as a previously seen initial access broker group with the codename Prophet Spider IAB appears to be targeting vulnerabilities in Apache's logging utility to infiltrate the virtualization solution VMware Horizon, researchers at BlackBerry warn.
Despite Western governments' increased focus on disrupting ransomware, the quantity of new victims doesn't appear to have declined, at least so far. But multiple experts say that nation-state efforts to combat cybercrime syndicates are still picking up speed and may well yet have an impact.
"Email security doesn't get the attention it deserves" because "phishing is not going away and is not getting any less," says Jess Burn, a senior analyst at Forrester. She shares best practices for phishing prevention.
Has the notorious REvil, aka Sodinokibi, ransomware operation rebooted as "Ransom Cartel"? Security experts say the new group has technical and other crossovers with REvil. But whether the new group is a spinoff of REvil, bought the tools, or is simply copying how they work, remains unclear.
In the latest weekly update, four ISMG editors discuss the state of cyber insurance today and why its future is uncertain; applying a security-by-design reliability model to analyze vulnerabilities; and how Russia takes down members of the REvil ransomware group as cyber aggressions in Ukraine rise.
Although flaws in Apache Log4j software that need remediating remain widespread in organizations, "some of them are aware of the issue, some of them aren't aware of the issue, and likely this issue is going to be persisting with us for many, many years," says Jeff Macko, an offensive security expert at Kroll.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
The U.K. government is considering new measures to boost cybersecurity standards in the country. The proposed laws recommend levying large fines on essential digital service providers for noncompliance with strict cybersecurity rules, and improving incident reporting.
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