Cybersecurity Special Report – SiliconANGLE

Disturbing GreyEnergy malware campaign is targeting industrial control systems

Duncan Riley — Thu, 18 Oct 2018 03:22:53 +0000

A new malware campaign dubbed “GreyEnergy” is targeting information systems tied to critical infrastructure. Discovered by researchers at ESET spol s.r.o. and reported Wednesday, the campaign is believed to be a successor to the BlackEnergy APT group. The attacks so far are targeting critical infrastructure and are described as a test in preparation for more […]

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Palo Alto Networks inks $173M deal to acquire cloud security startup RedLock

Maria Deutscher — Wed, 03 Oct 2018 15:46:48 +0000

Palo Alto Networks Inc. today announced that it has agreed to buy RedLock Inc., a competitor focused on securing cloud environments, in an all-cash deal worth $173 million. The purchase is the latest in a series of nine-figure acquisitions that the network protection giant has made this year. In April, Palo Alto Networks shelled out […]

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With new $200M round, high-flying cybersecurity startup Tanium valued at $6.5B

Maria Deutscher — Tue, 02 Oct 2018 16:40:00 +0000

Tanium Inc., a startup that provides cybersecurity software to over half the Fortune 100, today announced that it has raised $200 million in fresh funding at a hefty $6.5 billion valuation. The round was led by Wellington Management Co., a major investment firm that manages over $1 trillion in assets. It was joined by fellow […]

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Survey: IT professionals believe endpoint security solutions are failing

Duncan Riley — Wed, 25 Apr 2018 13:00:22 +0000

A new survey out today from Minerva Labs Ltd. has found that a majority of information technology security professionals believe that endpoint security solutions are failing to provide adequate protection against modern security threats. Based on a survey of 600 professionals, the survey found 67 percent were concerned that existing controls won’t prevent a significant malware attack […]

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Security experts warn Ukraine ransomware attack could be a sign of worse to come

Duncan Riley — Wed, 25 Apr 2018 03:06:16 +0000

A ransomware attack targeting the website of the Ukraine Energy and Coal Industry Ministry could be a sign of more nefarious attacks ahead, according to security industry experts. The attack, which took place in the early hours of Tuesday morning, involved a message appearing on the website in English demanding a ransom payment in bitcoin in return for a key […]

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Cybersecurity fatigue sets in while investors look for a shot of adrenaline

Mark Albertson — Mon, 23 Apr 2018 22:30:34 +0000

In the fast-moving world of cybersecurity, the operative word today is fatigue. Information technology organizations have alert fatigue from having to deal with every possible minute-by-minute hint of a data breach or ransomware attack. Enterprise security executives are worn out from endless meetings and board-level discussions about corporate risk profiles. Cybersecurity professionals are so fatigued […]

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SunTrust employee data theft highlights need to strengthen internal security

Duncan Riley — Mon, 23 Apr 2018 01:44:31 +0000

SunTrust Bank Inc. disclosed Friday that a former employee may have stolen details of as many as 1.5 million customer accounts in a case that many believe highlights the need for companies to improve internal security. According to CNBC, the former employee of the Atlanta, Georgia-based regional bank “may have” attempted to download some information on […]

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Attackers can fool AI programs. Here’s how developers can fight back

James Kobielus — Sun, 22 Apr 2018 04:53:14 +0000

Artificial intelligence isn’t all that different from natural intelligence. No matter how smart you are, you can be fooled. If the tricksters are also intelligent at their craft, they can dupe you with well-designed illusions that prey on weaknesses in your perceptual makeup. In the entertainment field, that’s called magic and it can be a […]

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Intel will use GPUs to improve virus scanning, system performance and battery life

Mike Wheatley — Wed, 18 Apr 2018 01:49:11 +0000

Intel Corp. and Microsoft Corp. are planning to use the graphics processing power of computer systems to sniff out malware. Intel said Monday that its new Threat Detection Technology has been designed to make use of security features at the silicon level to root out threats. The technology was introduced at the RSA Security Conference alongside […]

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Hackers operate in the clear with all the social media and hardware resources they need

Mark Albertson — Tue, 17 Apr 2018 22:44:25 +0000

Interested in becoming a hacker? Not exactly sure where to start? No worries. Forget about looking for the necessary tools on the dark web, that corner of the internet reachable only through special software. Most of what’s needed is available on the open internet and the cost ranges from minimal to free. If people are […]

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RSA’s president sees cybersecurity silver linings while others hear music on the Titanic

Mark Albertson — Tue, 17 Apr 2018 22:29:39 +0000

RSA Security LLC President Rohit Ghai delivered his opening keynote at the RSA Conference in San Francisco today with a surprisingly optimistic view of the trouble-plagued cybersecurity industry. “Cybersecurity is getting better, not worse,” Ghai (pictured) told the audience. After a pregnant silence, he added, “Folks, I’m not kidding!” You might expect a seller of […]

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With new cybersecurity accord, tech industry vows not to support government hacking

Maria Deutscher — Tue, 17 Apr 2018 18:45:10 +0000

A group of 34 technology companies today announced that its members have signed a “watershed” agreement meant to serve as a shared commitment to combating cyberattacks, particularly the state-sponsored kind. The newly unveiled Cybersecurity Tech Accord is backed by Microsoft Corp., Facebook Inc., Dell Technologies Inc. and a long list of other prominent industry players. […]

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Report finds many IT managers are clueless when it comes to network traffic

Duncan Riley — Tue, 17 Apr 2018 13:00:38 +0000

A new report from security firm Sophos Group plc has found that information technology managers cannot identify nearly half of the traffic on their networks, representing a major risk to organizations and enterprises of all shapes and sizes. The “Dirty Secrets of Network Firewalls” report, based on a survey of 2,700 IT decision makers in 10 […]

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Ransomware declines as cryptomining hacks surge in the first quarter

Duncan Riley — Tue, 17 Apr 2018 13:00:18 +0000

Ransomware is becoming passé among hackers as cryptomining hacks surged to become the most popular form of malware detected in the first quarter, according to a new report out today from the Comodo Cybersecurity Threat Research Labs. The “Global Malware Report Q1 2018” report delved into 300 million malware incidents tracked by the security firm. It detected 28.9 […]

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McAfee cooks up recipe for cloud attack and a way to guard against poisoning

Mark Albertson — Tue, 17 Apr 2018 03:04:21 +0000

Are information technology executives prepared to accept that data stored in the cloud will be 75 percent secure? That’s one of the central questions that emerged today on the first day of the RSA Conference in San Francisco. A report released by McAfee Inc. today found that one in four organizations surveyed, based on a […]

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Microsoft doubles down on IoT security with Azure Sphere service

Mike Wheatley — Tue, 17 Apr 2018 02:11:01 +0000

Microsoft Corp. is expanding its push into silicon chips as part of its new Azure Sphere service that combines a security chip design, a cloud service and — perhaps surprisingly for the creator of Windows — a Linux-based operating system to secure billions of “internet of things” devices. The company today announced Azure Sphere during the […]

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Ikea-owned handyman service TaskRabbit offline following ‘cybersecurity incident’

Duncan Riley — Tue, 17 Apr 2018 01:47:53 +0000

Handyman-for-hire marketplace TaskRabbit Inc., acquired by flat-pack furniture retailer IKEA Group in September, is offline. The company told customers that it’s investigating a “cybersecurity incident.” Exactly what has occurred is not clear at this stage, but TaskRabbit took down both its website and its mobile app as a precaution, saying on Twitter that it’s working with […]

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Cisco debuts new security capabilities to take on ransomware and fileless attacks

Maria Deutscher — Mon, 16 Apr 2018 12:00:35 +0000

Many of the hacking attempts launched against enterprises go after the target firm’s employees, whose login credentials often represent the most straightforward means of accessing key systems. Cisco Systems Inc. wants to mitigate the threat. At the RSA Conference today in San Francisco, the networking giant introduced an enhanced version of its cloud-managed Advanced Malware Protection […]

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Symantec seeks out targeted attacks with AI-based threat detection tool

Mike Wheatley — Mon, 16 Apr 2018 00:00:36 +0000

Cybersecurity specialist Symantec Corp. says it’s targeting “targeted attacks” on enterprises with the launch of a new threat detection tool that was used to uncover some of the most infamous cyberattacks in history. Symantec’s new Targeted Attack Analytics tool was created by the company’s Attack Investigation team, which used the technology to uncover malware attacks […]

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The grim state of cybersecurity: It’s awful, and it’s only going to get worse

Paul Gillin — Sat, 14 Apr 2018 14:48:52 +0000

This year has witnessed the embarrassing disclosure of 119,000 documents left on an unprotected server by Fedex Corp., a similar compromise of 37 million customer records by Panera Bread Co., the theft of up to 5 million records of Saks Fifth Avenue and Lord & Taylor customers, ransomware attacks at Boeing Co. and the City […]

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Rain Capital founder aims to transform tech through security and inclusion

Kylie Anderson — Thu, 12 Apr 2018 18:00:21 +0000

The notion of developer operations, or DevOps, has become synonymous with information technology agility in the enterprise, combining software development teams with information technology operations personnel to get software out faster. But too often, that can cause bull-in-a-china-shop application development and deployment, raising sticky security issues. That’s the broad problem that Chenxi Wang (pictured), founder and managing […]

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Cloudflare moves beyond web services with new Spectrum security service

Maria Deutscher — Thu, 12 Apr 2018 16:20:50 +0000

Cloudflare Inc. is expanding its effort to secure the internet beyond websites and cloud applications. The provider, which helps companies block malicious traffic and make their online content load faster, today unveiled a new service for protecting the internet-connected infrastructure running in the background of the publicly facing web. This includes most everything from internal corporate email servers […]

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Report: Nearly all organizations are unprepared for next-gen cybersecurity threats

Duncan Riley — Thu, 12 Apr 2018 13:00:13 +0000

A new report has found that nearly all organizations are unprepared for fifth-generation cybersecurity threats, leaving them exposed to a new wave of malicious actors. The exact figure, 97 percent, comes from the 2018 Security Report from Check Point Software Technologies Ltd. Released today, it polled information technology security professionals worldwide across all industries about modern threats against […]

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Ransomware royale: New variant forces victims to play PUBG game

Duncan Riley — Thu, 12 Apr 2018 02:46:03 +0000

In a bizarre twist in a constantly changing security environment, a new form of ransomware running wild does not ask victims for a payment but instead forces them to play PlayerUnknown’s Battlegrounds, a battle royale game that first become popular last year. The infection route for the PUBG Ransomware, first revealed in a tweet Monday from […]

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Via Sovrin, IBM supports user-centric global identity on blockchain

James Kobielus — Wed, 11 Apr 2018 13:54:37 +0000

User-centric global identity is a dream that won’t die. What it refers to is a universal environment in which people can exchange self-issued digital credentials and rely on their legitimacy without the need for trusted third parties to vouch for and validate them. This vision is a holy grail for libertarians and privacy advocates because it avoids third […]

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Employees sharing files cited as major enterprise security risk in new report

Duncan Riley — Wed, 11 Apr 2018 07:00:54 +0000

Exposure of files to external sources such as misconfigured cloud storage services is shaping up as a major security issue. That’s according to a new report from Bitglass Inc. leading up to the RSA Conference in San Francisco, which starts April 16. The “Cloud Hard 2018: Security with a Vengeance” report from the cloud access security broker […]

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Cybersecurity firm Carbon Black set to join initial public offering parade

Duncan Riley — Wed, 11 Apr 2018 03:13:28 +0000

Cybersecurity firm Carbon Black Inc. is going public, filing its initial public offering paperwork with the U.S. Securities and Exchange Commission Monday. It’s the latest firm to go the IPO route in what’s shaping up to be a big year for new issues. The company filed for a $100 million offering, but that’s a common […]

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Security professionals say on-premises tools fail protect against cloud risks

Duncan Riley — Tue, 10 Apr 2018 13:00:27 +0000

While enterprises continue to modernize their current information technology infrastructure, applications and processes, security professionals remain concerned that on-premises tools are not adequately providing security against new cloud-related risks. That’s according to a new report from Sumo Logic Inc. The 2018 Global Security Trends in the Cloud, based on a survey of IT security personnel, found that […]

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Cybersecurity concerns are delaying adoption of cloud-based services

Duncan Riley — Tue, 10 Apr 2018 13:00:11 +0000

Widespread adoption of software-as-a-service products is being held back by concerns over cybersecurity, according to a new report from iboss Inc. The “Head in the Clouds: Misconceptions Hindering Enterprise Cloud Adoption” report, based on a survey of information technology decision makers and office employees in U.S. enterprises, found that 94 percent of decision makers had concerns […]

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RSA to acquire insider threat detection startup Fortscale

Maria Deutscher — Fri, 06 Apr 2018 16:06:29 +0000

RSA Security LLC, the network protection business of Dell Technologies Inc., has inked a deal to buy a startup called Fortscale Security Ltd. that focuses on fighting so-called insider threats. The buyout was announced on Thursday ahead of the group’s popular RSA Conference for cybersecurity experts later this month. The financial terms of the deal were not […]

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