Back when nation-state threat actors were primarily targeting large government agencies, government contractors, and large companies, security through obscurity was a legitimate strategy. In years past, betting that attackers wouldn’t bother with smaller targets was a feasible way of operating.
It’s feasible no longer. Hackers are better equipped than ever before, thanks in part to artificial intelligence (AI)-enabled tools and ransomware kits made accessible to virtually anyone via the dark web. This has contributed to increasingly sophisticated attacks against agencies and companies of all sizes—not just the largest ones. Now, observes Jason Rolleston, general manager of Broadcom’s Enterprise Security Group, “They’re going after everybody.”
Read more…
Source: Symantec
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Deconstructing ransomware, cybercriminals and their modus operandi
August 29, 2023
The problem of ransomware is a seemingly age-old problem that is not going away, at least not any time soon. Governments and law enforcement are banding together to try to battle this issue with financial sanctions and takedowns of the groups behind ransomware attacks but they’re like the mythical beast Hydra – take the head ...
- IAEA: Improving Computer Security Anomaly Detection Techniques through Coordinated Research Projects
August 25, 2023
Identifying anomalies in the operations of computer systems that control critical safety and security functions calls for extensive expertise, and the actions required need to be tested, analysed and amended in order to be robust. “Anomaly detection plays an important part in early assessment of possible threats targeting the computer-based systems at nuclear and radiological facilities,” ...
- CISA, NSA, and NIST Publish Factsheet on Quantum Readiness
August 21, 2023
Today, the Cybersecurity and Infrastructure Security Agency (CISA), National Security Agency (NSA) and National Institute of Standards and Technology (NIST) released a joint factsheet, Quantum-Readiness: Migration to Post-Quantum Cryptography (PQC), to inform organizations—especially those that support Critical Infrastructure—of the impacts of quantum capabilities, and to encourage the early planning for migration to post-quantum cryptographic standards ...
- CISA Releases JCDC Remote Monitoring and Management (RMM) Cyber Defense Plan
August 16, 2023
Today, CISA released the Remote Monitoring and Management (RMM) Cyber Defense Plan, the first proactive Plan developed by industry and government partners through the Joint Cyber Defense Collaborative (JCDC). This plan addresses systemic risks facing the exploitation of RMM software. Cyber threat actors can gain footholds via RMM software into managed service providers (MSPs) or manage ...
- Bangladesh Bank warns banks and financial institutions against cyber attacks
August 12, 2023
The Bangladesh Bank has issued out a comprehensive 11-point instruction in a situational alert, urging all banks and financial institutions to bolster their cyber defences. This move comes on the heels of a recent cyber threat targeting the country’s cyber sphere, with potential implications for critical state information infrastructure (CII), including banking, healthcare, and government operations. Read ...
- Capita shares plummet 11 per cent as contractor reveals cyber attack cost £25m
August 4, 2023
Capita shares in slumped 11.4 per cent on Friday morning after it said a recent data breach could cost it up to £25m. The government contractor, which provides data and IT outsourcing processes, said this morning it expects a major cyber attack in March could cost it £20-25m, as an investigation nears its close. Read more… Source: City ...