Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Today, researchers found a new HIGH vulnerability on the famous Spring Cloud Function leading to remote code execution (RCE). The vulnerability CVE-2022-22963 would permit attackers to execute arbitrary code on the machine and compromise the entire host.

This blog is a part of our new series 5 Strategies for Building Resilience to Financial Crimes and Cyber Attacks in 2022. In the last few years, we have all observed an increase in the sophistication of cyber-enabled attacks and financial crimes. This coincided with intensified focus on digital banking by financial institutions and increased volumes of online transactions.

Very early in the morning on March 30th (for me), my colleague DeveloperSteve posted a “Hey, have you seen this?” message in our slack channel. It was an “advance warning” of a “probable” remote code execution (RCE) in the massively popular Java Spring framework. I would come to find out that even earlier than that, the Snyk Security team started investigation a potential RCE in Spring after seeing a tweet that has since been deleted.

You can’t open a newspaper today without reading about another cyberattack or data breach—with web applications accounting for a fair share of the reporting. Web application vulnerabilities, poor infrastructure configurations, and inadequate security controls make these web-based targets a prime focus for attackers. That’s why organizations need to make sure they’ve implemented front-end or “client-side security” as well as server-side or back-end security.

Encryption has come a long, long way over the last few years. Something once reserved only for militaries and governments, encryption has been made super accessible and has become standard practice in the tech industry. Whether it’s texts, photos, or word docs - it can, and should, be encrypted. Put simply, encryption scrambles any file sent or stored online into unreadable nonsense that can only be translated (or decrypted) by a user with a key.