Cybersecurity researchers say a Chinese for-profit threat group tracked as 8220 Gang is targeting cloud providers and poorly secured applications with a custom-built crypto miner and IRC bot. The malware can slow system performance, drive up costs and expose systems to security risks.
Security appliances are targets for sophisticated threat actors who take advantage of devices' limited configuration and logging features, as well as their incompatibility with endpoint detection and response. Suspected Chinese hackers took advantage of a Fortinet zero-day to implant a backdoor.
eSentire has used the $325 million it received in February to leverage data from its Atlas XDR platform and strengthen customers' positions around cyber resiliency. The Kitchener, Canada-based company has shifted its focus from alerts and data to business worries and business risk.
In this episode of "Cybersecurity Unplugged," Galit Lubetzky Sharon, CTO of Wing Security, discusses the challenge of securing SaaS applications, which are decentralized and ever-expanding. She describes how Wing Security manages app inventories and issues of compliance, remediation and privacy.
T-Mobile disclosed Thursday that hackers had access for approximately six weeks to an application programming interface that exposed customer data including names, birthdates and email addresses. No payment information or passwords were part of the breach, the company said.
PayPal is notifying 34,942 Americans that a hacker accessed their personal information during a two-day credential stuffing attack in early December. The San Jose, California-based company says it has not detected unauthorized transactions emanating from affected accounts.
Essential reading for network defenders: CircleCI's report into its recent breach, which began when malware infected an engineer's laptop. After stealing "a valid, 2FA-backed" single sign-on session cookie, attackers stole customers' secrets and gained unauthorized access to third-party systems.
The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
Sophos will execute the second-largest round of layoffs of any security company in the current economic downturn, axing 450 workers amid a shift to MDR services. Sophos plans to reduce its staff by 10% in a move to balance growth and profitability in a challenging and uncertain economic environment.
Attackers have caught up with legacy multifactor authentication tools that use push technology or one-time passcodes, boosting the need for phishing-resistant MFA, says Jeremy Grant. In response, government officials such as CISA Director Jen Easterly have championed FIDO since it's mature and open.
Moving from certificate-based to FIDO authentication reduces overhead and complications for enterprises looking to move away from passwords, says Microsoft's Libby Brown. FIDO allows organizations to go passwordless by simply buying a FIDO key and turning it on in their Azure Active Directory.
Cybereason has gone all-in on helping customers mitigate threats beyond the endpoint to minimize the impact of ongoing SOC staffing challenges, CEO Lior Div says. The company's focus on tracking and following malicious operations sets Cybereason's approach to XDR apart from rivals.
The IntSights deal has allowed Rapid7 to offer more visibility into the threat landscape and target the phishing infrastructure used by hackers. The deal has helped Rapid7 determine the spoofed domains and the employees and social media accounts that adversaries have targeted, CEO Corey Thomas says.
Gen Digital, owner of the Norton LifeLock brand, is notifying more than 6,000 U.S. individuals that hackers might have the valid credentials for logging onto their Norton Password Manager after the company detected a credential stuffing attack in December.
Passwordless authentication will gain traction once it addresses edge cases such as logging into Netflix using a remote control, says Hypr CEO Bojan Simic. He shares how a QR code and a biometric identifier on a smartphone can transform the way someone accesses the Wi-Fi at a friend's house.
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