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GUEST ESSAY: In pursuit of smarter cybersecurity — to overcome complex risks and grow revenue

The Last Watchdog

In golf there’s a popular saying: play the course, not your opponent. Smarter security is the rising tide that lifts all ships. As all parts of an organization overlap with security, an increase in one allows benefits in others. Smart security also means doing more with less so the company as a whole can run lean.

Risk 191
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Risk Management under the DORA Regulation

IT Governance

In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector. To help navigate such security-specific challenges, organisations may find it useful to reference a best-practice standard like ISO 27005 , which offers guidance on managing information security risks.

Risk 104
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New RedLine malware version distributed as fake Omicron stat counter

Security Affairs

The new RedLine variant searches for the following strings to locate relevant folders for data exfiltration: wallet.dat (information related to cryptocurrency) wallet (information related to cryptocurrency) Login Data Web Data Cookies Opera GX Stable Opera GX. This variant uses 207[.]32.217.89 as its C2 server through port 14588.

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Ferrari confirms data breach after receiving a ransom demand from an unnamed extortion group

Security Affairs

“Instead, we believed the best course of action was to inform our clients and thus we have notified our customers of the potential data exposure and the nature of the incident.” ” continues the statement.

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CISA recommends vendors to fix BrakTooth issues after the release of PoC tool

Security Affairs

“CISA encourages manufacturers, vendors, and developers to review BRAKTOOTH: Causing Havoc on Bluetooth Link Manager and update vulnerable Bluetooth System-on-a-Chip (SoC) applications or apply appropriate workarounds.” ” reads CISA’s advisory.

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Mozi P2P Botnet also targets Netgear, Huawei, and ZTE devices

Security Affairs

Microsoft researchers reported that the Mozi botnet was improved by implementing news capabilities to target network gateways manufactured by Netgear, Huawei, and ZTE. ” state researchers at Microsoft Security Threat Intelligence Center and Section 52 at Azure Defender for IoT. Of course, there are many more possibilities.”

IoT 103
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80% of organisations affected by cyber security skills gap

IT Governance

The education sector (87.1%) is the most affected, followed by telecommunications and technology (85.1%), manufacturing (81.5%) and finance (81.4%). The report also breaks down the job roles that organisations are having the most trouble filling: IT security administrator (32.3%). Find the right ISO 27001 course for you >>