Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

New data puts the spotlight on the human factor in U.K. cyber attacks, where users continue to be susceptible to social engineering, creating the so-called “Human Risk.” Here at KnowBe4, we’re obviously big believers in the fact that users are a source of risk when it comes to organizational security. Cybersecurity vendor SoSafe’s Human Risk Review 2023 report provides some independent perspective on this very problem. According to the report, one out of two U.K.

The Wall Street Journal today revealed that North Korea's hacker army managed to steal a huge amount of cryptocurrency amounting to $3 billion to finance their nuclear program. US officials have confirmed this news. These hackers have a highly sophisticated method of operating. A specific example of their actions involved using a fake job offer to trick a startup into losing over $600 million. By posing as potential employers, they social engineered someone who was hopeful for a better job.

A Denial of Service (DoS) attack will prevent your legitimate users from accessing your API. The attack could be physical, such as unplugging network cables, but a Distributed DoS is more prominent. It involves generating a volume of user requests from various machines to overwhelm your servers. DDoS attacks can result in a loss of $50,000 of revenue due to downtime and mitigation.

To compete in an increasingly cutthroat marketplace, retailers spend vast sums in hopes of becoming household names. But brand recognition is a double-edged sword when it comes to cybersecurity. The bigger your name, the bigger the cyber target on your back (no pun intended for the number one breach on our list). Retailers face growing cybersecurity risks.

Contrary to stereotype, today’s cyberattacks aren’t limited to complex tactics such as the use of zero-day exploits or polymorphic malware that flies under the radar of traditional defenses. Instead of going the extra mile to set such schemes in motion, most threat actors take a shortcut and piggyback the human factor.

An attack exploiting CVE-2023-34362, a zero-day vulnerability in the MOVEit file transfer software, was disclosed at the start of June, with additional victims still being uncovered. The vulnerability is an SQL injection vulnerability that could allow an unauthenticated attacker to gain access to MOVEit Transfer's database. The attack was carried out by at least one threat who gained unauthorized access to the software and stole sensitive data from affected organizations.

On June 7th, the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) issued an advisory highlighting the recent efforts of threat actors to disseminate CL0P ransomware. The various malicious indicators of compromise (IOCs) and tactics, techniques, and procedures (TTPs) being leveraged by the threat actors are listed in US-CERT Alert (AA23-158A) – CL0P Ransomware Gang Exploits CVE-2023-34362 MOVEit Vulnerability.

NOTE: The MOVEit Transfer vulnerability remains under active exploitation, and Kroll experts are investigating. Expect frequent updates to the Kroll Cyber Risk blog as our team uncovers more details. On June 5, 2023, the Clop ransomware group publicly claimed responsibility for exploitation of a zero-day vulnerability in the MOVEit Transfer secure file transfer web application (CVE-2023-34362).

May often heralds the start of summer — warm weather, long days, and plenty of cybersecurity workers taking much needed time off. Cybercriminals however, are always at their monitors and love to take advantage of times when they know defenses may be down and this month was no different. May saw a wide range of cybercrime, including disruptions of schools and news organizations, a slow-burn in the tech sector, and public negligence from one of the web’s most well-known entities.

MiTM or Man-in-the-middle attack is one of the most common cyberattacks that online users must be aware of. Anyone who’s actively connected to the internet for both work and entertainment purposes is at risk of being a victim of a MiTM attack. Fortunately, you can prevent the above from happening. This blog is here to help. Below, we’ll discuss MiTM attacks, their types, how they work, and how to prevent becoming a victim.