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Cyber Security News
Cybersecurity-Insiders
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Image Credit: Cybersecurity-Insiders
Proactive Threat Detection: The Role of Network Security
- Network security is important for the cybersecurity of companies to lower the cost of recovery and data breaches in the future.
- Network monitoring helps detect possible cyber threats before they become full-scale attacks.
- Artificial intelligence (AI), machine learning (ML), and behavior analytics are used to detect modern attacks like ransomware, phishing, and zero-day exploits.
- Proactive cybersecurity plans focus on predicting, finding, and stopping possible threats before they happen. Reactive plans deal with problems after their occurrence.
- Proactive cyber-security strategies include threat intelligence, risk assessment, vulnerability management, and incident reaction planning.
- Network Security Monitoring (NSM) finds and stops possible threats before they become actual strikes.
- Real-time monitoring helps companies find cyber threats, respond quickly, lessen the damage caused by the breach and improve compliance.
- NSM changes advanced security strategies by reducing false positives, controlling resources, identifying strange behavior, and improving visibility into the network.
- NSM is a crucial part of cybersecurity because it takes a proactive approach, prevents unauthorized entry, and deals with complex cyber attacks effectively.
- Network tracking is crucial for cybersecurity, protecting assets, building trust, and safeguarding the integrity, privacy, and availability of data for companies.
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7 Likes
Dev
2w
189
Image Credit: Dev
🛡️ Why Using OpenZeppelin in Smart Contracts Is Essential
- OpenZeppelin is an open-source library that provides a collection of reusable and secure smart contract components
- OpenZeppelin's contracts are widely used in production environments, making them battle-tested in real-world applications.
- Using OpenZeppelin saves development time, ensures compatibility, and reduces the risk of vulnerabilities.
- Integrating OpenZeppelin into smart contracts provides a foundation of trust, security, and reliability.
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Tech Radar
2w
142
Image Credit: Tech Radar
The EU still cant agree on chat control – but it's not over yet
- EU members couldn't reach an agreement on the European Commission's proposal to scan private communications to combat child sexual abuse material (CSAM).
- The draft bill, known as Chat Control, has faced criticism for its implications on privacy and data security.
- Despite the need to address these crimes, 10 EU member nations opposed the current form of the Child Sexual Abuse Regulation (CSAR).
- Lawmakers have made changes to the bill, requiring communication service providers to scan shared content with user permission, but privacy concerns persist.
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Tech Radar
2w
349
Image Credit: Tech Radar
Another major WordPress plugin has been hacked to try and hijack your sites
- Hackers have found a way to install old, outdated, and vulnerable plugins on WordPress websites, directly from the WordPress plugin repository.
- The vulnerability was found in Hunk Companion, a plugin used by over 10,000 websites, allowing crooks to install other plugins with known vulnerabilities.
- A threat actor abused the bug to install a vulnerable version of WP Query Console, enabling remote code execution on target sites.
- The bug has been patched in Hunk Companion version 1.9.0, but roughly 8,800 sites are still vulnerable.
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Tech Radar
2w
207
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Apple fixes Passwords app security bug with new 18.2 update
- Apple has fixed a security bug in its Passwords app with the new 18.2 update.
- The bug allowed attackers to alter network traffic and put user data at risk.
- The vulnerability was reported by security researcher Tommy Mysk and has now been patched.
- Users are urged to upgrade their Apple devices to the latest version to fix the critical issue.
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Cybersecurity-Insiders
2w
151
Image Credit: Cybersecurity-Insiders
Cyber Threat from Chinese software powering critical infrastructure in USA
- Contrary to strong opposition to Chinese products, Fortress Information Security reports that 90% of the software powering products in the U.S. critical infrastructure contains code that originates from China
- The Chinese made software is used widely in the energy, transportation, and telecommunications industries, and is considered highly vulnerable to exploitation.
- For instance, there are a staggering 9,535 vulnerabilities across more than 8,700 components used in over 2,000 products sourced from over 240 vendors, putting national security and economic stability at risk.
- The findings highlight how deeply embedded Chinese-made software code is within the critical infrastructure that underpins the U.S. economy and security.
- Chinese-made software could provide the Chinese government or affiliated hackers with the means to undermine U.S. economic and physical security.
- The problem of Chinese-made components in critical infrastructure poses a dilemma as the reliance on these components is integral to the functioning of many electronic devices, yet the security risks are real with the stakes incredibly high.
- The development of stronger, more comprehensive policies that mandate greater scrutiny of foreign-sourced software and hardware in critical infrastructure systems is a possible solution to mitigating cyber risks.
- The coming years will be pivotal in determining how the U.S. addresses this silent and growing threat.
- Policymakers need to take immediate steps to assess and address these vulnerabilities to safeguard the nation's economic and physical security.
- As technology becomes increasingly essential to the nation's security, the importance of securing critical infrastructure from foreign influence will only continue to grow.
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Tech Radar
2w
306
Image Credit: Tech Radar
This devious new malware technique looks to hijack Windows itself to avoid detection
- Security researchers from Akamai discovered a new method to run malware on Windows devices without triggering EDR tools.
- The malware abuses the UI Automation accessibility feature, making it difficult for antivirus programs to detect.
- Admins can monitor the OS for suspicious activity by monitoring the use of UIAutomationCore.dll and the named pipes opened by the UIA.
- UI Automation can be used to execute stealthy command execution, posing risks such as data harvesting and browser redirection.
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Socprime
2w
267
Image Credit: Socprime
CVE-2024-50623 Detection: Attackers Actively Exploit a RCE Vulnerability in Cleo Harmony, VLTrader, and LexiCom File Transfer Products
- Security researchers have detected active exploitation of a remote code execution (RCE) vulnerability, CVE-2024-50623, in Cleo Harmony, VLTrader, and LexiCom file transfer products.
- The vulnerability allows threat actors to achieve RCE through the autoruns functionality.
- At least ten businesses have been compromised, and further exploitation activities have been observed.
- The provided patch in version 5.8.0.21 was insufficient, and Cleo is working on a new patch to address the issue.
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Securityaffairs
2w
384
Image Credit: Securityaffairs
Experts discovered surveillance tool EagleMsgSpy used by Chinese law enforcement
- Chinese law enforcement uses the mobile surveillance tool EagleMsgSpy to gather data from Android devices, as detailed by Lookout.
- The surveillance tool, known as EagleMsgSpy, has been active since 2017 and requires physical access to the target device to initiate operations.
- EagleMsgSpy collects extensive data from victim devices, including messages from various apps, screen recordings, audio, contacts, call logs, GPS coordinates, and more.
- The surveillance tool is developed and maintained by Wuhan Chinasoft Token Information Technology Co., Ltd. and is believed to be used by several public security bureaus in mainland China.
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23 Likes
Dataprivacyandsecurityinsider
2w
112
Image Credit: Dataprivacyandsecurityinsider
Rhode Island Becomes First State to Implement PDNS in All School Districts
- Rhode Island becomes the first state to implement PDNS in all school districts.
- PDNS assists in preventing ransomware and cyber attacks by blocking access to harmful websites.
- All 64 public school districts in Rhode Island have pledged to implement PDNS.
- This initiative is supported by the Multi-State Information Sharing and Analysis Center.
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6 Likes
Dataprivacyandsecurityinsider
2w
47
Image Credit: Dataprivacyandsecurityinsider
Privacy Tip #424 – Recent Big Win for Law Enforcement Over Cybercriminals
- Authorities from 40 countries collaborated in Operation HAECHI-V, resulting in 5,500 arrests and $400 million seized.
- The initiative dismantled a voice phishing syndicate responsible for $1.1 billion in losses and 1,900 victims.
- One scheme called the USDT Token Approval Scam drained victims' wallets through phishing and vishing techniques.
- Consumers need to be aware of these techniques used by cybercriminals.
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2 Likes
Global Fintech Series
2w
315
Image Credit: Global Fintech Series
SecurityScorecard Threat Intel Report: 97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024
- A new report by SecurityScorecard reveals that 97% of the top 100 U.S. banks experienced a third-party data breach in the past year.
- The report highlights the growing risks in banking supply chains due to increasing reliance on third-party vendors.
- 97% of the largest U.S. banks reported third-party breaches, exposing significant vulnerabilities in their supply chains.
- The SecurityScorecard team provides cybersecurity recommendations to enhance resilience in the banking sector.
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18 Likes
Tech Radar
2w
17
Image Credit: Tech Radar
Thousands of Bitcoin ATM users may have personal data leaked after breach
- Bitcoin ATM operator Byte Federal has confirmed a data breach in which customer data may have been compromised.
- The breach occurred on September 30, 2024, when attackers accessed the company's servers through a bug in third-party software.
- Sensitive customer data targeted included names, addresses, email addresses, Social Security numbers, and transaction activity.
- Byte Federal performed a hard reset on all customer accounts, notified affected individuals, and is conducting a forensic investigation.
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1 Like
Siliconangle
2w
159
Image Credit: Siliconangle
Comparitech reveals widespread privacy gaps in mobile shopping apps ahead of holiday season
- A new study by Comparitech reveals privacy concerns in mobile shopping apps.
- The study analyzed 91 popular shopping apps and found that on average, these apps request 26 permissions, with 8 classified as 'dangerous' by Android standards.
- Permissions such as access to camera, location, contacts, and device storage raise privacy red flags for consumers.
- The study also highlights that many apps fail to include these permissions in their privacy policies, potentially violating Google's privacy policy standards.
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9 Likes
Siliconangle
2w
341
Image Credit: Siliconangle
Rubrik introduces Turbo Threat Hunting for faster cyber recovery
- Rubrik Inc. has launched Turbo Threat Hunting, a feature designed to accelerate cyber recovery and locate clean recovery points in seconds.
- Turbo Threat Hunting allows organizations to quickly identify clean recovery points and recover from cyber incidents with minimal disruption.
- The feature allows scanning up to 75,000 backups in less than 60 seconds, eliminating the need for file-by-file scanning and reducing recovery time.
- Turbo Threat Hunting is now available in beta for Rubrik Enterprise Edition and cloud customers.
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20 Likes
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