Cybercriminals exploit remote working to launch targeted attacks
The pandemic-driven shift to remote working has led cybercriminals to ditch many of their old tactics, and put a new emphasis on gathering intelligence and exploiting and preying on fears with targeted and sophisticated attacks.
The latest State of Malware report from Malwarebytes has found a major shift in the devices targeted and strategies deployed by cybercriminals.
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Cybersecurity: The Beginner's Guide puts together all the possible information with regards to cybersecurity; such as why you should choose it, the need for it, and how can you be part of it and fill the cybersecurity talent gap bit by bit.
DDoS attacks up 287 percent as online gaming and gambling become prime targets
A lockdown increase in online gaming activity has inevitably attracted attention from attackers, resulting in nearly 77 percent of cyberattacks targeting the online gaming and gambling industries in Q3 of 2020.
The latest DDoS Threat Report from Nexusguard also reveals a huge 287 percent increase in total DDoS attacks in the third quarter compared to the same period last year.
Machine identity attacks grow more than 400 percent
The number of reported machine identity-related cyberattacks grew by 433 percent between 2018 and 2019, according to a new report from Venafi.
Between 2015 and 2019, the number of reported cyberattacks that used machine identities grew by more than 700 percent. Over the same period the number of vulnerabilities involving machine identities grew by 260 percent, increasing by 125 percent between 2018 and 2019.
Cybersecurity technology is not as effective as it should be
In a new study 90 percent of participants report that cybersecurity technology is not as effective as it should be when it comes to protecting organizations from cyber risk.
However, the report from Debate Security, an independent organization bringing together industry experts to debate how the cyber market can be improved, shows considerable disagreement on evaluating cybersecurity technology efficacy and performance, with not a single common definition named by respondents.
Cyber attacks target video game companies and players
High volumes of attacks have targeted video game companies and players between 2018 and 2020, with an inevitable uptick in attack traffic that correlates with COVID-19-related lockdowns.
A new report from Akamai shows that game players themselves are subjected to a steady barrage of criminal activity, largely through credential stuffing and phishing attacks.
DDoS attacks increase more than 500 percent over last year
The second quarter of 2020 has seen a massive 570 percent increase in 'bit-and-piece' DDoS attacks compared to the same period last year, according to the latest threat report from Nexusguard.
Bit-and-piece attacks target ASN-level communication service provider (CSP) networks by dispersing small pieces of junk traffic across a diverse pool of IP addresses across hundreds of IP prefixes.
Organized attacks on cloud infrastructure and software supply chain increase
A new threat report from Aqua Security reveals a growing, organized and increasingly sophisticated pattern of attacks on cloud native infrastructure.
While most attacks uncovered by Team Nautilus, Aqua's cybersecurity research team, were aimed at abusing public cloud compute resources for cryptocurrency mining, the methods used also open the door for higher-value targets that look to exploit security gaps in container software supply chains and runtime environments.
Cyberattacks and how they work
Cybercriminals in 2019 managed to expose more than 165 million records of confidential data across 1,365 known breaches.
But how do they get in, how long do they stay and what are they there for? The answers to these questions are in the 2020 Compromise Flashcard produced by compromise assessment company Lumu.
Botnet and exploit activity increases as attackers shift tactics
Botnet and exploit activity have increased over the course 2020's second quarter by 29 percent and 13 percent respectively, representing more than 17,000 botnet and 187,000 exploit attacks a day.
The latest Quarterly Threat Landscape Report from managed security services provider Nuspire also reveals a shift in tactics as attackers pivot away from COVID-19 themes, instead using other prominent media themes like the upcoming US election and exploiting the Black Lives Matter movement.
New bot detection feature helps fight credential stuffing
Credential stuffing attacks rely on stolen account credentials from a previous breach and are usually perpetrated by bots in an attempt to gain access to other websites.
This is a major problem for businesses, with threat actors using as many as 65,000 IP addresses for a single attack. Now though identity platform Auth0 is launching a new Bot Detection feature that it claims can reduce the effectiveness of a credential stuffing attack by as much as 85 percent.
94 percent of businesses hit by cyberattacks in the last year
Cyber exposure company Tenable has published a global industry study, carried out by Forrester Consulting, that reveals the vast majority of organizations (94 percent) have experienced a business-impacting cyberattack in the past 12 months.
Yet despite this only four out of 10 security leaders say they can answer the fundamental question, 'How secure, or at risk, are we?' with a high level of confidence.
New platform helps businesses make better security decisions
Businesses were already facing increasingly complex security environments thanks to cloud use and digital transformation projects, and with the advent of COVID-19 things have become more difficult still.
Breach and attack simulation specialist AttackIQ is launching its new Security Optimization Platform to equip cybersecurity leaders with better insights and help them make better decisions and improve business outcomes.
Garmin confirms a ransomware attack took its systems offline
As expected, Garmin has confirmed that the ongoing outage that affected many of sport and fitness firm's services was the result of a cyberattack.
In a brief statement the company explains that the attack encrypted some of its systems on July 23, and then goes on to explain what happened and what was affected:
80 percent of companies see more cyberattacks during the pandemic
Since the onset of the COVID-19 crisis earlier this year 80 percent of companies have seen 'slightly to considerably more' cyberattack attempts, breaking down to 88 percent in the US and 74 percent in the UK.
SIEM specialist Exabeam surveyed more that 1,000 IT security professionals at small- to medium-sized enterprises and finds that a third of respondents experienced a successful cyberattack during COVID-19, leading to network downtime for 40 percent of UK companies and 38 percent of US companies.
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