Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Following reports of suspected ransomware attacks against various organizations in Taiwan, this report summarizes what is known of the threats thus far as well as providing recommendations for those that either operate in the targeted industries or region.

The Gartner Magic Quadrant for Application Security Testing 2020 reports a 50% increase in the number of their end-user client conversations about DevSecOps and AST (Application Security Testing) tools, in 2019. According to the report, users continue to adopt DevOps methods like integrating security into the software development lifecycle from the earliest stages of development.

As the COVID-19 pandemic continues to force employees to work from home, businesses are facing new and unique challenges to ensure business continuity. When remote work is mandated due to COVID-19, the transition isn’t smooth for many businesses; not every business has the infrastructure to make the abrupt shift, even given the immediate need to go remote.

Email-based attacks can take many forms, and are typically deployed by cybercriminals in order to extort ransom or leak sensitive data. Just recently, a banking Trojan named Trickbot targeted Italy, a hotspot for COVID-19 cases, with email spam campaigns. While the email subject line is in line with the daily concerns and talks about spread of the virus, the attachment was actually a malicious script.

Detecting malicious activity is rarely easy, but some attacker methods are more challenging to detect than others. One of the most vexing techniques to counter is credential theft. Attackers that gain control over a user account have access to the assets of that user. If the credentials are for an account with special privileges, like a system administrator, then the attacker may be able to gain access to system-wide resources and even be able to change logs to cover their tracks.

Continuous security monitoring (CSM) is a threat intelligence approach that automates the monitoring of information security controls, vulnerabilities, and other cyber threats to support organizational risk management decisions. Organizations need real-time visibility of indicators of compromise, security misconfiguration, and vulnerabilities in their infrastructure and networks.

Newly-discovered zero-day vulnerabilities may generate the biggest headlines in the security press, but that doesn’t mean that they’re necessarily the thing that will get your company hacked. This week, US-CERT has published its list of what it describes as the “Top 10 Routinely Exploited Vulnerabilities” for the last three years.

Welcome to blog 2 of our 3-part series featuring top recommendations to help financial institutions (FIs) navigate the impact of COVID-19 on their payment business. Last week’s blog shared tips to manage the surge in online and mobile banking transactions. This week, we’ll focus on card-not-present fraud. As we inch closer to June, the coronavirus continues to affect consumer purchasing behaviors – including an immense payments shift towards digital banking and e-commerce.

A recent attack on a hospital in Brno, Czech Republic (a COVID-19 testing center)ehowed the extent to which weaknesses in a health center’s cybersecurity system can endanger the lives of patients. During this attack, patients had to be redirected to other hospitals and vital surgeries were postponed - all during a time in which vital testing needed to be carried out and releases needed to be sped up. A study published in the journal Technological Health Care by CS Kruse et al.

In the new normal, if your business has chosen remote operations, this might attract malicious actors. Hackers prey on the remote workforce whose vulnerability has increased in multifold ways. While infrastructural concerns, such as working outside the corporate IT network and using home Wi-Fi are inevitable, other issues, including using personal devices and retaining privileges to access more than required business resources add to the magnitude of this vulnerability.