Archive for the ‘identity theft’ category

AI Security Company Series D Round

July 10th, 2017

Darktrace U.K.-based startup which has offices in San Francisco has recently raised $75 million in a Series D round of funding.

Nicole Eagan, CEO at Darktrace, mentioned that Insight Venture Partners’ participation in the investment “is another strong validation of the fundamental and differentiated technology that the Enterprise Immune System represents,” in a statement. “It marks another critical milestone for the company as we experience unprecedented growth in the U.S. market and are rapidly expanding across Latin America and Asia Pacific in particular, as organizations are increasingly turning to our AI approach to enhance their resilience to cyber-attackers.”

Company uses artificial intelligence to tackle security threats. The Enterprise Immune System uses the algorithm in real time to stop the attack. It tracks normal behaviour and security threats. It also detects insider threats and zero-day attacks.

“Unlike more common forms of malware, which rely on human-mediated methods such as phishing to co-opt people into triggering the payload, this type of attack uses a worm to move from machine to machine without human intervention,” Andrew Tsonchev, director of Cyber Analysis at Darktrace, wrote in a blog post. “Fortunately, it is precisely this – a dramatic change in internal activity – which has allowed us to effectively fight back.”

Company mentioned that its contract value has now reached $200 million. Bookings are also increased in the US. The headcount in last year is doubled to 500. It has 450 partners. Most important the software has detected over 48,000 serious threats.

“Unlike more common forms of malware, which rely on human-mediated methods such as phishing to co-opt people into triggering the payload, this type of attack uses a worm to move from machine to machine without human intervention,” Andrew Tsonchev, director of Cyber Analysis at Darktrace, wrote in a blog post. “Fortunately, it is precisely this – a dramatic change in internal activity – which has allowed us to effectively fight back.”

Another AI based security company Attivo Networks has also raised $15 million.

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Alertsec’s cloud-based information security service provides an easy and convenient way to protect information on your organization’s laptops and computers

Healthcare Industry Most Affected by Data Breach

July 8th, 2017

As per reports, healthcare industry was frequently attacked by cyber hackers. Vectra Networks survey suggests that 164 threats were detected per 1,000 host devices. The education industry has 145 threat detections per 1,000 host devices.

 “The data shows that healthcare and education are consistently targeted and attackers can easily evade perimeter defenses,” the report mentions.

There is a rise of 265 percent in the average number of reconnaissance, lateral movement and exfiltration detections. Also, 333 percent rise was recorded for reconnaissance detections. Finance and technology received below-average threat detection rates mainly due to stronger policies and good response. Media companies have highest rates of exfiltration.

Healthcare industry now has a significant number of IoT.

 “These unsecured devices are easy targets for cybercriminals,” the report mentions.

As per Synopsys survey, sixty percent of manufacturers and 49 percent of HDOs said that usage of mobile devices in hospitals and other healthcare organizations increase data risk. But only 17 percent are employing steps to prevent attacks.

 “The security of medical devices is truly a life or death issue for both device manufacturers and healthcare delivery organizations,” Ponemon Institute chairman and founder Dr. Larry Ponemon said in a statement. “According to the findings of the research, attacks on devices are likely and can put patients at risk. Consequently, it is urgent that the medical device industry makes the security of its devices a high priority.”

Medical devices are difficult to secure as per the eighty percent of respondents.

 “These findings underscore the cyber security gaps that the healthcare industry desperately needs to address to safeguard the wellbeing of patients in an increasingly connected and software-driven world,” Synopsys global director of critical systems security Mike Ahmadi said in a statement.

“The industry needs to undergo a fundamental shift, building security into the software development lifecycle and across the software supply chain to ensure medical devices are not only safe, but also secure,” Ahmadi added.

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Alertsec’s cloud-based information security service provides an easy and convenient way to protect information on your organization’s laptops and computers.

 

Content to Prevent Data Breach

July 3rd, 2017

Egnyte a Calif. based content collaboration and governance specialist has launched a new cloud-based solution which looks after insider threat. The product focus on IT security professionals. Nowadays distributed workspace needs shared information system which uses on-premises collaboration platforms or cloud-based services which may cause data breach.

“As users and organizations are more global and interdependent they need to share more content with each other and then need to do it in a secure way using EFSS [enterprise file synchronization and sharing] solutions not email attachments for instance,” Isabelle Guis, chief strategy officer at Egnyte mentioned.

“But as you hire contractors and have many places where your content resides (on-premises, cloud, cloud apps, etc.) it is very difficult to enforce the security policies at the repository level or even train all your users and new hires to properly handle their content.”

Data leaks can occur due to various loopholes.

“For example, a merger and acquisition folder could be shared via a public link and one of the intended recipients forwards the link to someone who should not see that data,” Guis said. “Or, a very common example – a disgruntled employee downloads all of ‘their’ work, which is actually the company’s IP [intellectual property], right before leaving your company and going to a competitor,” a situation allegedly at the center of the high-stakes Google-Uber lawsuit.

Egnyte product looks for sensitive content in the database.

Then it “provides real–time analysis of all the content within an organization and presents actionable insights to help administrators prevent these types of aforementioned data breaches,” Guis said.

“Egnyte Protect continuously analyzes an organization’s entire content environment and classifies the most sensitive information, such as credit card numbers, social security numbers, sensitive IP, HIPAA information, and much more,” she added. “Then, in real–time, Egnyte Protect identifies vulnerabilities, alerts administrators, and offers actions that can immediately fix any issue that is found across all of the organization’s content repositories.”

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Alertsec’s cloud-based information security service provides an easy and convenient way to protect information on your organization’s laptops and computers.

Kmart Attacked by Hackers Again

July 2nd, 2017

Kmart suffered another data breach when its server was attacked by hackers.

 “Our Kmart store payment data systems were infected with a form of malicious code that was undetectable by current anti-virus systems and application controls,” a Kmart FAQ on the data breach states. “Once aware of the new malicious code, we quickly removed it and contained the event.”

 Sears Holdings owns Kmart. It has not mentioned the number of affected card holder in the statement. Also, the location impact is also not disclosed. But it mentioned that only card information got breached.

 “All Kmart stores were EMV ‘Chip and Pin’ technology enabled during the time that the breach had occurred and we believe the exposure to cardholder data that can be used to create counterfeit cards is limited,” the company stated. “There is no evidence that kmart.com or Sears customers were impacted nor that debit PIN numbers were compromised.”

 This is the second breach in three years. Security of the card is crucial and online shops are finding it difficult to secure.

 “Consumers should monitor the transactions on any account linked to credit or debit cards they have used in a Kmart store and report any fraudulent transactions to their bank as soon as they are identified,” Capps said. “Given the brisk migration to a chip-and-pin system, we are unlikely to see the stolen credentials used for in-person payments, but they can be used for online transactions. “

 In 2014, Kmart was affected by malware.

 “We will likely find that this attack started with a stolen credential, used to inject the malware into Kmart’s networks,” Nir Polak, CEO of security vendor Exabeam mentioned. “In this modern operating environment, better behavioral analysis — focused on both use of credentials and on the system processes that are spawned from malware — is the best way to detect and shut down these attacks.”

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 Alertsec encryption is powered by Check Point and has the highest security certifications: FIPS 140-2, Common Criteria EAL4 and BITS.

New SiteLock Application to Protect WordPress

June 19th, 2017

WordPress open-source publishing is the popular platform for companies. It has also attracted cyber criminals. Sites face attacks frequently. SiteLock, a Scottsdale, Ariz. website security vendor has started private beta of its new SMART Database (SMART/DB) solution. This application scans detects and automatically removes spam and malware from WordPress databases.

 SiteLock was formed in 2008. President Neill Feather mentioned that company specializes in helping small and midsized businesses (SMBs) mount a defence against cyber attackers. It also provides easy-to-deploy web application firewall (WAF) and distributed denial-of-service (DDoS) mitigation capabilities. SMBs to strengthen their WordPress deployments are also implemented.

 Operating a website is a risky affair in the current cybersecurity landscape.

“On average, websites face over 8,000 attacks per year from cyber criminals trying to steal valuable resources such as website bandwidth, traffic, and customer data. Popular, well-recognized websites that utilize e-commerce or a large number of interactive features or plugins can be obvious targets for cyber attacks and are often reported in mainstream media,” Feather said.

 “According to SiteLock data, websites using 10 to 20 plugins are two times more likely to be compromised than the average website, and websites linking to Twitter, Facebook and LinkedIn accounts are 2.5 times more likely to be compromised than the average website.”

 Many small business owners do not pay much attention towards cyber security but the trend of attacks is increasing.

 “In fact, 43 percent of all cyber attacks targeted small businesses in 2016,” Feather informed. “Given that the majority of small businesses manage or maintain their own websites, they typically aren’t aware of the time or resources required to ensure adequate protection against ever-evolving security threats such as malware and other vulnerabilities.”

 “It’s important to understand that any website, regardless of the number of features or amount of traffic, is constantly at risk,” he added.

 Many WordPress websites face attack today.

 “As most WordPress websites include customer engagement features such as blog comments, blog contributors, and content aggregation, this emerging malware monitoring technology keeps comments and posts clean from spam, ensuring site content is search engine friendly and is most valuable for visitors,” Feather said. “SMART/DB also mitigates other database malware like malicious redirects and backdoors, ultimately keeping website visitors safe.”

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 Alertsec Endpoint Encrypt is the full disk encryption service that delivers a mobile data protection system for all information stored on laptops used throughout your organization.

Kmart Attacked by Hackers Again

June 9th, 2017

Kmart suffered another data breach when its server was attacked by hackers.

“Our Kmart store payment data systems were infected with a form of malicious code that was undetectable by current anti-virus systems and application controls,” a Kmart FAQ on the data breach states. “Once aware of the new malicious code, we quickly removed it and contained the event.”

Sears Holdings owns Kmart. It has not mentioned the number of affected card holder in the statement. Also, the location impact is also not disclosed. But it mentioned that only card information got breached.

“All Kmart stores were EMV ‘Chip and Pin’ technology enabled during the time that the breach had occurred and we believe the exposure to cardholder data that can be used to create counterfeit cards is limited,” the company stated. “There is no evidence that kmart.com or Sears customers were impacted nor that debit PIN numbers were compromised.” 

This is the second breach in three years. Security of the card is crucial and online shops are finding it difficult to secure.

“Consumers should monitor the transactions on any account linked to credit or debit cards they have used in a Kmart store and report any fraudulent transactions to their bank as soon as they are identified,” Capps said. “Given the brisk migration to a chip-and-pin system, we are unlikely to see the stolen credentials used for in-person payments, but they can be used for online transactions. “

 In 2014, Kmart was affected by malware.

 “We will likely find that this attack started with a stolen credential, used to inject the malware into Kmart’s networks,” Nir Polak, CEO of security vendor Exabeam mentioned. “In this modern operating environment, better behavioural analysis — focused on both use of credentials and on the system processes that are spawned from malware — is the best way to detect and shut down these attacks.”

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 Alertsec encryption is powered by Check Point and has the highest security certifications: FIPS 140-2, Common Criteria EAL4 and BITS.

IoT Security

June 6th, 2017

The Internet of Things (IoT) is seeing the rapid rise but it seems to repeat the history of technology evolution. The pace of growth is not matched with security requirements. IoT helps automation as well as real-time synchronization of business processes. The implementation helps for precise response in real time.

 “IoT devices assist businesses in real-time responses to supply-and-demand market effects, they empower patients and healthcare professionals to continuously monitor conditions, and they enable electric grid operators to adjust the production, flow, and cost of electricity according to real-time market demands to ensure the most efficient, resilient, and cost-effective solution,” says James Scott, senior fellow at the Institute for Critical Infrastructure Technology, a Washington DC-based cybersecurity think tank.

 Hundreds of companies now provide IoT solutions. But security aspect is lagging behind.

 “As was shown in the Dyn attack, we appear doomed to repeat the mistakes we made with PCs and mobile devices in IoT,” says Tom Byrnes, founder and CTO of ThreatSTOP. “Once again, cost reduction has made security an afterthought, if a consideration at all, with predictably disastrous consequences.”

It is different than other systems as threat involved is higher due to many connection points. As per the Intel, 200 billion IoT devices will be online by 2020.

“Most IoT devices and sensors lack any form of security or security-by-design,” says Scott.

 “Without the layered security of the IoT microcosms, hacktivists can disrupt business operations, cyber-criminals can compromise and ransom pacemakers, and cyber-jihadists or nation-state sponsored threats can compromise and control the grid,” to name just a few of the potential IoT security attack scenarios.

“Every IoT device has inherent vulnerabilities and exploitable weaknesses resulting from a culture that sacrifices security in the design process in favour of meagre savings and in the rush to market,” says Scott. “The overwhelming preponderance of insecure IoT devices in the future will render security an impossibility in the future.”

Most of IoT devices do not have computational power or battery life to have security applications.

“We need to develop cost-effective IoT devices that incorporate security-by-design rather than cheaper and less secure alternatives,” says Scott. “While that may save a few dollars in the short-term, it puts the public and critical infrastructure at risk of losing millions of dollars and valuable data in the long-term.” 

Also, there is a lack of platform standards.  

“With old devices lasting longer than ever before, there are many devices currently in use that do not support new standards,” says Sam Rehman, Chief Technology Officer of Arxan. “Hackers will always see legacy devices as a prime choice of the entry.”

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Alertsec’s cloud-based information security service provides an easy and convenient way to protect information on your organization’s laptops and computers.

Records available online due to flaw in the system

May 29th, 2017

Molina Healthcare had patients’ medical claims online. The duration of the breach is not clear. Also, the reason behind the leak is also not available. Investigative reporter Brian Krebs received tip about the breach.

According to the reports, customer could see other customers’ medical claims only by changing a single number in the URL. There was no requirement of the authentication.

“It’s unconscionable that such a basic, Security 101 flaw could still exist at a major healthcare provider today,” Krebs wrote. “However, the more I write about these lame but otherwise very serious vulnerabilities at healthcare firms the more I hear about how common they are from individual readers.”

Records did not include Social Security numbers. Affected information included patient names, addresses and birthdates, as well as diagnosis, medication and medical procedure information. Molina said that it has fixed the problem.

“Because protecting our members’ information is of utmost importance to Molina and out of an abundance of caution, we are taking our ePortal temporarily offline to perform additional testing of our system security,” the company said. “Molina has also engaged Mandiant to assist the company in continuing to strengthen our system security.”

World focus remains on cyber threats like WannaCry but many organizations lack basic security, Bitglass CEO Nat Kausik mentioned. “This is especially true in the heavily regulated healthcare industry,” he said. “Molina Healthcare is just one example of an IT oversight that led to massive exposure of PHI.”

“Healthcare organizations are major targets and will see any and all flaws exploited by malicious individuals,” Kausik added. “As healthcare organizations make patient data more accessible to individuals and new systems, they must make information security their top priority.”

There is increase in data breach this year.

“Unauthorized disclosures continue to tick up and are now the leading cause of breaches as data moves to cloud and mobile and as external sharing becomes easier. Unauthorized disclosures includes all non-privileged access to PII or PHI,” the report states. “Hacking and IT-related incidents doubled year-over-year, an indication that malicious actors are not letting up and are increasingly aware of PHI’s high long-term value.”

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Alertsec is powered by Check Point and has the highest security certifications: FIPS 140-2, Common Criteria EAL4 and BITS.

Increase in DDoS Attacks

May 26th, 2017

Verisign recent report shows that 59 percent of distributed denial of service attacks peaked over 1 Gbps. Also, 23 percent peaked over 10 Gbps. The average peak attack size was 14.1 Gbps which is 26 percent increase over the last quarter.

The biggest attack included 60 Gbps for more than 15 hours.

“The attackers were very persistent in their attempts to disrupt the victim’s network by sending attack traffic on a daily basis for over two weeks.”

Survey also mentioned that IT services/cloud/SaaS industry was the prime target.

“In Q1 2017, Verisign observed that DDoS attacks remain unpredictable and persistent, and vary widely in terms of volume, speed and complexity,” the report mentioned. “To combat these attacks, it is becoming increasingly important to constantly monitor attacks for changes in order to optimize the mitigation strategy.”

Imperva’s Global DDoS Threat Landscape mentioned that 74 percent of DDoS attack victims were repeated.

“In the most extreme case, an established U.S.-based science news website was hit 1,046 times by low-volume bursts lasting 10 minutes or less,” Igal Zeifman, Incapsula security evangelist at Imperva, told eSecurity Planet by email. “This attack, and many other repeat assaults, fit the pattern of online harassment.”

“These attacks are a sign of the times — launching a DDoS assault has become as simple as downloading an attack script or paying a few dollars for a DDoS-for-hire service,” Zeifman added.

“Using these, non-professionals can take a website offline over a personal grievance or just as an act of cyber vandalism in what is essentially a form of Internet trolling.”

It also mentioned that the U.S. was the most targeted country and majority of attacks came from China.

Neustar’s Worldwide DDoS Attacks and Cyber Insights Research Report mentioned that the average cost of a DDoS attack amounts to $2.5 million in lost revenue.

“The question organizations must ask now is how they are prepared to manage these highly disruptive events,” Neustar head of research and development Barrett Lyon mentioned in a statement.

“Are they prepared for the bad day where they customers call and ask why the website is down?”

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Alertsec’s cloud-based information security service provides an easy and convenient way to protect information on your organization’s laptops and computers.

Seventy four countries hit with WannaCry ransomware

May 14th, 2017

Kaspersky researchers mentioned that tens of thousands of computers are infected in 74 countries worldwide by WannaCry ransomware.

“It’s important to note that our visibility may be limited and incomplete and the range of targets and victims is likely much, much higher,” the researchers mentioned.

MalwareTech has published live map for the area affected in the world.

“Russia, Ukraine and Taiwan leading,” Avast researcher Jakub Kroustek tweeted on Friday. “This is huge.”

Major company affected included FedEx, the Spanish phone company Telefonica, the Russian mobile phone operator MegaFon, and the UK’s National Health Service (NHS).

“This attack was not specifically targeted at the NHS and is affecting organizations from across a range of sectors.” NHS mentioned.

Joshua Douglas, chief strategy officer at Raytheon Foreground Security mentioned that the target was vital services like healthcare.

“Organizations are beginning to fully appreciate their exposure to risk, whether from negligent or malicious insiders, the growing attack surface are represented by the Internet of Things, or from the growing number of sophisticated attackers,” Douglas said.

“Healthcare, an industry with mountains of sensitive personal data and lives at stake, should consider security measures that take into account network users in addition to outside threats,” Douglas added. “When dealing with ransomware, advance security protections, basic cyber hygiene, tested disaster recovery plans and employee training are critical to protecting data.”

The attack has devastating impact on the services and systems.

“This is the first time that a worm-link tool has been used in conjunction with ransomware that has created devastating impact against entire organizations,” Fidelis Cybersecurity threat research manager John Bambenek said by email. “Strong and swift patching would have helped mitigate this threat. It has undoubtedly captured the imagination of criminals who don’t want to hold individual machines ransom but to take entire organizations hostage, and surely we will see much more of this in the coming weeks.”

“The fact that a vulnerability developed by the NSA was used in this attack shows the dangers that can happen when this knowledge gets out into the wild even after a patch has been developed,” Bambenek added. “Intelligence agencies will always be developing zero-days, but unlike traditional weapons, these tools can be repurposed quickly for devastating criminal attacks.”

“The intelligence community should develop strong procedures that when such tools leak, they immediately give relevant information to software developers and security vendors so protections can be developed before attacks are seen in the wild,” Bambenek said.

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