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.
AI alone isn't enough to thwart cyberattacks
Crowdsourced security platform Bugcrowd has released a new report which shows that 78 percent of hackers on its site say AI-powered cybersecurity solutions alone aren’t enough to outmaneuver cyber attacks over the next decade.
The 2020 Inside the Mind of a Hacker report also reveals that 87 percent say that scanners can’t find as many critical or unknown assets as humans.
Australian government targeted by 'state-sponsored' cyber attacks
Australia's Prime Minister, Scott Morrison says the country's government and institutions are being targeted by sophisticated cyber attacks.
The attacks are said to be against all levels of governments as well as services and businesses. Although identified as a state-based attack there is no official comment on who might be behind it. Morrison says it's believed to be a state attack, "...because of the scale and nature of the targeting and the trade craft used."
Are cyber attacks really as advanced as we think? [Q&A]
When organizations suffer a cyberattack it's often described by them as 'advanced'. But just how good does an attack need to be to breach defenses?
We spoke to Matt Walmsley, head of EMEA marketing at threat detection and response platform Vectra to find out about the attack landscape, how most attacks aren't all that advanced at all, and how companies can better defend themselves.
easyJet hit by 'highly sophisticated' cyberattack: 9 million customers' details exposed
Budget airline easyJet has fallen victim to a cyberattack in which personal information of 9 million customers was exposed. Included in this personal data were details of travel plans, email addresses and, in some cases, credit card information.
The company is now in the process of contacting all of those who have been affected by the data breach, but says that anyone whose credit card details were stolen by hackers has already been contacted.
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