Big Data is revolutionizing how and why potential threats are detected, and demanding a substantial shift in next generation SIEM.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
A "Ransomware Task Force" initiative led by the U.S. Department of Justice is including a broad coalition of big tech firms, as well as Europol and the UK National Crime Agency, in an effort to put an end to ransomware payments.
Credit card database of 1.3 million cards for sale on Joker’s Stash could be used to make online banking transactions or create cloned versions of the bank cards.
A rampant speculation was circulated on social media claiming that T-Mobile had suffered the biggest DDoS cyber attack in U.S., which turned out to be groundless.
MGM's ransomware attack in September is expected to have $100 million negative impact for Q3 due to cleanup costs and lost business. The company believes that its cybersecurity insurance will cover nearly all of the ransomware attack's associated costs.
Proposed bill requires American tech companies to put encryption backdoors in their products for law enforcement access which can be potentially exploited by hackers.
Study on 9 billion recovered login credentials shows significant password reuse which can help cybercriminals conduct credential stuffing attacks and possible account takeover.
Tardigrade malware could shut down biomanufacturing facilities, exfiltrate data, deliver ransomware, and act as a backdoor for hackers to perform custom operations.
The fallout from the Log4j vulnerability has prompted bipartisan action to beef up open source software security. Proposed act would task CISA with developing a risk framework to evaluate open source code used by the federal government, and could be passed on to critical infrastructure businesses.
The final amount of stolen crypto is still being tallied as investigations continue, but about 56 BTC (about $1.5 million) has been confirmed to be lost. General Bytes has over 15,000 bitcoin ATMs in circulation in over 100 countries.










