In 2024, Thanksgiving (November 28), Black Friday (November 29), and Cyber Monday (December 2) significantly impacted Internet traffic, similar to trends seen in 2023 and previous years. This year, Thanksgiving in the US drove a 20% drop in daily traffic compared to the previous week, with a notable 33% dip at 15:45 ET. In contrast, Black Friday and Cyber Monday drove traffic spikes. But how global is this trend, and do attacks increase during Cyber Week?

A year ago, Bitsight TRACE published a blog post on Socks55Systemz,a proxy malware with minimal mentions in the threat intelligence community at the time. In that post, we correlated a Telegram user to the botnet operation and estimated its size at around 10,000 compromised systems. After a year-long investigation, we are shedding new light on these conclusions.

Since the early days of the World Wide Web, automated scripts known as bots have been crawling cyberspace, collecting data for various purposes. Initially, these bots were designed to be helpful, cataloging information much like search engines such as Google and Bing do today. However, the volume of automated requests has grown significantly. Today, bots account for a substantial portion of web traffic, costing businesses considerable resources to handle unwanted or malicious requests.

On December 3, 2024, Veeam disclosed a critical vulnerability within the Veeam Service Provider Console (VSPC), tracked as CVE-2024-42448, which was discovered during internal testing. VSPC is a management tool designed for service providers to manage customer backups. The vulnerability allows a remote threat actor to perform Remote Code Execution (RCE) on the VSPC server machine from an authorized VSPC management agent machine.

The National Institute of Standards and Technology (NIST) issued a new perspective on password management policies, recognizing that many traditional practices used to ensure password security are no longer effective. The suggested practices to eliminate include not requiring periodic password changes, reducing restrictions on special characters, and discontinuing the use of security questions for account recovery.

Torq is thrilled to have Patrick Orzechowski (also known as “PO”) on board as our new Field CISO, bringing his expertise and years of experience as a SOC leader to our customers. PO is a seasoned security veteran with a deep understanding of the modern security landscape. By way of introduction, below he shares his five top pieces of advice for SOC leaders facing today’s security challenges.