Mon.Aug 08, 2022

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WSJ: "Cyber Insurance Prices Soar"

KnowBe4

The WSJ reported Aug 8, 2020: It is becoming more expensive and difficult for companies to get or renew cyber insurance. The price of U.S. cyber insurance policies increased by 79% from a year earlier. Insurers have made it harder to get or keep a policy, too.

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US Treasury Sanctions Tornado Cash, Freezes Its Assets

Data Breach Today

Penalties for Anyone in US Jurisdiction Who Uses the Cryptocurrency Mixer The federal government today sanctioned Tornado Cash. The Department of Treasury ordered assets of the Ethereum blockchain cryptocurrency mixer to be frozen and says civil and potentially criminal penalties await anyone under U.S. jurisdiction who uses the service.

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GUEST ESSAY: How to secure ‘Digital Twins’ to optimize asset use, while reducing exposures

The Last Watchdog

Our technological world is advancing at dizzying speeds. Related: The coming of a ‘bio digital twin” Over the last decade, we have seen the introduction of 4G and 5G telecommunication service, the iPad, Instagram, and the introduction, acceptance, and adoption of cloud services from Microsoft, Google, and Amazon, as well as cloud computing.

Security 210
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John Watters on Why Google and Mandiant Are Better Together

Data Breach Today

Watters Can't Wait to Combine Google Analytics With Mandiant Intelligence Engine Combining the data analytics of Google Chronicle with Mandiant's ability to identify signals of abnormal behavior is an unbeatable combination, says Mandiant President and COO John Watters. Google agreed in March to purchase threat intelligence and incident response titan Mandiant for $5.4 billion.

Analytics 260
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Cybersecurity Training and Tech Aren’t Enough; ‘Culture Change’ Needed

eSecurity Planet

Companies spend a staggering amount of money on cybersecurity products to defend their networks and data from hackers, but a couple of industry pros say that money is wasted if companies don’t change their internal cybersecurity culture. In September 2021, Cybersecurity Ventures anticipated in a report that the total global cybersecurity spending would exceed a staggering $1.75 trillion by 2025.

More Trending

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Russian Federation Passes Data Protection and Information Governance Reforms

Hunton Privacy

In July 2022, Maria Ostashenko from ALRUD Law Firm reports that the Russian Parliament passed, and the President of the Russian Federation signed into law, major reforms in data protection and information governance. The reforms include: Significant changes to Federal Law No. 152-FZ on Personal Data, including the scope of its application, new rules for cross-border transfer of personal data, data breach notifications, and additional protections for data subjects; New amendments to the Unified B

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Cyberattack on NHS Vendor Already Offering Critical Lessons

Data Breach Today

Incident Spotlights Vendor Risk and Criticality of Business Continuity Plans As the U.K.'s National Health Service continues to deal with the impact of a cyberattack on one of its critical IT suppliers, the situation underscores the risks posed by vendors - and the need to have business continuity plans ready to deploy.

Risk 259
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Most Organizations Do DMARC Wrong. Here’s How to Do It Right.

eSecurity Planet

When organizations implement Domain-based Message Authentication, Reporting and Conformance ( DMARC ), they expect to tighten email security and protect against spoofing and other spam email attacks. Unfortunately, most organizations don’t complete the setup to enforce a DMARC policy, leading to far less secure email systems than they think they have.

IT 105
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Beyond Security: Forrester's Bot Management Q2 Trends

Data Breach Today

Forrester's Sandy Carielli Advises Collaborating on Bot Management Strategies Sandy Carielli, principal analyst at Forrester, shares research on the latest bot management trends. Forrester found that while bots affect security, e-commerce, marketing, fraud and other teams, security professionals are still the most common bot management users.

Security 240
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How and Why Should You Be Tracking Geopolitical Risk?

Geopolitical risk is now at the top of the agenda for CEOs. But tracking it can be difficult. The world is more interconnected than ever, whether in terms of economics and supply chains or technology and communication. Geopolitically, however, it is becoming increasingly fragmented – threatening the operations, financial well-being, and security of globally connected companies.

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Pipeline Operators Are Headed in the Right Direction, With or Without TSA's Updated Security Directives

Dark Reading

A worsening threat landscape, increased digitization, and the long-term positive effects of modern security strategies are pushing critical infrastructure operators to do better.

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US Gets Russian Accused of Crypto Laundering Extradited

Data Breach Today

Alexander Vinnik Makes First Appearance in US Federal Court Accused cryptocurrency money launderer Alexander Vinnik made his first appearance in U.S. federal court today. The Russian national faces 55 years imprisonment for his alleged involvement in laundering hacking proceeds through Bitcoin on the BTC-e cryptocurrency exchange.

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Orchard botnet uses Bitcoin Transaction info to generate DGA domains

Security Affairs

Experts spotted a new botnet named Orchard using Bitcoin creator Satoshi Nakamoto’s account information to generate malicious domains. 360 Netlab researchers recently discovered a new botnet named Orchard that uses Satoshi Nakamoto’s Bitcoin account ( 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa ) transaction information to generate DGA domain name. “Another change relates to the use of the DGA algorithm employed in the attacks.

Mining 98
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10 Malicious Code Packages Slither into PyPI Registry

Dark Reading

The discovery adds to the growing list of recent incidents where threat actors have used public code repositories to distribute malware in software supply chain attacks.

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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LogoKit update – The phishing kit leveraging Open Redirect Vulnerabilities

Security Affairs

LogoKit – Threat actors leveraging Open Redirect Vulnerabilities popular in online services and apps to bypass spam filters in phishing campaigns. Resecurity, Inc. (USA), a Los Angeles-based cybersecurity company providing managed threat detection and response for Fortune 500’s, identified threat actors leveraging Open Redirect Vulnerabilities popular in online services and apps to bypass spam filters to ultimately deliver phishing content.

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CHINA: Draft Rules on Privacy Policies Released – Is Your Privacy Policy Compliant?

DLA Piper Privacy Matters

On 26 May 2022, the TC260 released the Draft Requirements on Privacy Agreements for Internet Platforms, Products and Services (“ Draft Requirements ”) for public consultation. The Draft Requirements flesh out the regulatory scheme regarding privacy policies as put forward in the Personal Information Protection Law (“ PIPL ”) and Personal Information Specification (“ PIS Specification ”), reiterating many of the existing requirements as well as adding in requirements set out under a wide range of

Privacy 94
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Twilio discloses data breach that impacted customers and employees

Security Affairs

Communications company Twilio discloses a data breach after threat actors have stolen employee credentials in an SMS phishing attack. Communications company Twilio discloses a data breach, threat actors had access to the data of some of its customers. The attackers accessed company systems using employee credentials obtained through a sophisticated SMS phishing attack.

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Deepfakes Grow in Sophistication, Cyberattacks Rise Following Ukraine War

Dark Reading

A rising tide of threats — from API exploits to deepfakes to extortionary ransomware attacks — is threatening to overwhelm IT security teams.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Cybercriminals Go to College with New Phishing Attacks

KnowBe4

The summer is winding up, and the traditional academic year is approaching. And amid the welcomes from the deans of students, the activities coordinators, the academic advisors and so on, the new crop of undergraduates can also expect to be greeted by phishing scams. Inevitably these will all find expression online. The Better Business Bureau is offering some advice for students to think about before they depart for campus and the new academic year.

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Why data sovereignty is so critical to your companies’ digital transformation

Thales Cloud Protection & Licensing

Why data sovereignty is so critical to your companies’ digital transformation. divya. Tue, 08/09/2022 - 05:31. Much has been written about best practices for organizations currently undergoing a digital transformation, but something important is often overlooked that organizations are learning is a critical aspect of their transformation: data sovereignty.

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Twilio hacked by phishing campaign targeting internet companies

KnowBe4

Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees into handing over their corporate login credentials.

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Verizon’s 2022 Mobile Security Index Report – Confirming what we all suspected

Thales Cloud Protection & Licensing

Verizon’s 2022 Mobile Security Index Report – Confirming what we all suspected. divya. Tue, 08/09/2022 - 05:56. What happens when you combine a pandemic that forces most businesses into a remote work environment, coupled with increased mobile device use for many daily tasks? On the one hand, you get increased productivity and ease of access. However, most cybersecurity professionals saw this increased accessibility as an increased attack surface, and a prime opportunity for criminals.

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How to Migrate From DataStax Enterprise to Instaclustr Managed Apache Cassandra

If you’re considering migrating from DataStax Enterprise (DSE) to open source Apache Cassandra®, our comprehensive guide is tailored for architects, engineers, and IT directors. Whether you’re motivated by cost savings, avoiding vendor lock-in, or embracing the vibrant open-source community, Apache Cassandra offers robust value. Transition seamlessly to Instaclustr Managed Cassandra with our expert insights, ensuring zero downtime during migration.

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HYAS Infosec Announces General Availability of Cybersecurity Solution for Production Environments

Dark Reading

HYAS Confront provides total visibility into your production environment, giving you insight into potential issues like cyber threats before they become problems.

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A Phone Carrier That Doesn’t Track Your Browsing or Location

WIRED Threat Level

The new Pretty Good Phone Privacy service for Android hides the data linking you to your mobile device.

Privacy 96
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We Have the Tech to Scale Up Open Source Vulnerability Fixes — Now It's Time to Leverage It

Dark Reading

Q&A with Jonathan Leitschuh, inaugural HUMAN Dan Kaminsky Fellow, in advance of his upcoming Black Hat USA presentation.

IT 83
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Github Moves to Guard Open Source Against Supply Chain Attacks

WIRED Threat Level

The popular Microsoft-owned code repository plans to roll out code signing, which will help beef up the security of open source projects.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Delight Your Digital Natives

Micro Focus

Attracting and retaining digital native customers and employees in a highly competitive market requires digital transformation. The post Delight Your Digital Natives appeared first on Micro Focus Blog.

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Phishers Swim Around 2FA in Coinbase Account Heists

Threatpost

Attackers are spoofing the widely used cryptocurrency exchange to trick users into logging in so they can steal their credentials and eventually their funds.

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What Adjustable Dumbbells Can Teach Us About Risk Management

Dark Reading

A new workout leads to five smart lessons about the importance of converging security and fraud into a unified risk function.

Risk 73