In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the ransomware-as-a-service model shifted in 2021, the rise of fraud in faster payments and how to prevent it, and one CISO's take on the state of the industry.
Attackers continue to employ commercial penetration testing tools as well as "living off the land" tactics - using legitimate tools or functionality already present in a network - to exploit victims. Accordingly, organizations must monitor for both, to better identify potential intrusions.
The latest edition of the ISMG Security Report features highlights from interviews in 2021 and examines President Joe Biden's executive order on cybersecurity, ransomware response advice and assessing hidden business risks.
As network defenders continue to patch or mitigate against the remote code execution vulnerability in the Java-based logging utility Log4j, several cybersecurity vendors - and the U.S. CISA - have issued scanning and assessment tools to speed up the identification process.
ISMG's global editorial team reflects on the top cybersecurity news and analysis from 2021 and looks ahead to the trends already shaping 2022. From ransomware to Log4j, here is a compilation of major news events, impacts and discussions with leading cybersecurity experts on what to expect in the new year.
A ransomware operation called Vice Society has claimed credit for attacks that hit two groups of independently owned and operated Spar-branded stores in England and the Isle of Man earlier this month. Threat intelligence firm Kela says thousands of stolen documents have been dumped online.
A ransomware attack disrupted the operations of Norway-based media company Amedia, which publishes more than 70 newspapers for 2 million readers. The Tuesday attack on the company's computer systems forced it to shut the presses, says Amedia's executive vice president of technology, Pål Nedregotten.
ONUS, one of Vietnam's largest cryptocurrency platforms, has reportedly fallen victim to a ransomware attack that has been traced to Apache's remote code execution vulnerability, Log4j, via third-party payment software. CrowdStrike has also detected Chinese APT activity around the logging flaw.
Seven vulnerabilities - including one rated critical and five high-severity - in Schneider Electric's EVlink products have been patched, according to security researcher Tony Nasr. Exploitation of the vulnerabilities would allow attackers to manipulate configurations and settings.
In the U.S., three states now have disparate data privacy laws - and more are coming. Meanwhile, China has enacted a new law that has global enterprises scrambling. How will these and other actions shape privacy discussions in 2022? Noted attorney Lisa Sotto shares insights.
Another Log4j patch has been released by the Apache Software Foundation, the nonprofit supporting Apache's open-source software projects. Its Log4j version 2.17.1 fixes a newly disclosed remote code execution vulnerability tracked as CVE-2021-44832.
U.S. President Joe Biden on Monday signed into law the National Defense Authorization Act for fiscal year 2022, which contains $768 billion in defense spending - 5% more than 2021 - and several cybersecurity provisions, including expansion of the Cybersecurity and Infrastructure Security Agency.
On the cusp of 2022, John Kindervag - the father of the Zero Trust security model - reflects on how the Zero Trust dialogue has evolved in 2021 and makes his New Year's predictions. Will the president's executive order be an accelerator or an anchor? Which myths are ripe to be busted?
SentinelLabs researchers say the new ransomware group Rook used the Babuk APT group's leaked source code to attack financial institutions in Kazakhstan. They warn that Rook is the first of many new ransomware groups that could deploy targeted attacks with Babuk's code.
The Apache Software Foundation has released a new Apache HTTP Server update, version 2.4.52, to mitigate risks posed by two flaws. One of the vulnerabilities is critical, but there has been no evidence it is being exploited in the wild.
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