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NEW TECH: Exabeam positions SIEM technology to help protect IoT, OT systems

The Last Watchdog

Their capacity to ingest threat feeds is becoming more relevant with the rise of IoT (Internet of Things) systems and the vulnerabilities of old and new OT (operational technology). I spoke with Trevor Daughney, vice president of product marketing at Exabeam , at the RSA 2020 Conference in San Francisco recently.

IoT 179
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STRRAT RAT spreads masquerading as ransomware

Security Affairs

Microsoft Security Intelligence researchers uncovered a malware campaign that is spreading a remote access trojan (RAT) tracked as STRRAT. pic.twitter.com/mGow2sJupN — Microsoft Security Intelligence (@MsftSecIntel) May 19, 2021. STRRAT RAT was first spotted in June 2020 by G DATA who documented its features.

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RSAC insights: How the ‘CIEM’ framework is helping companies manage permissions glut

The Last Watchdog

Consider that global spending on cloud infrastructure services jumped 32 percent to nearly $40 billion in the last quarter of 2020. The ones with strong security postures are shoring up their SIEM systems with updated orchestration and automated response tools. To start, the raw volume of permissions continues to rise exponentially.

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Microsoft warns of a large-scale BEC campaign to make gift card scam

Security Affairs

Business email compromise (BEC) attacks represent a serious threat for organizations worldwide, according to the annual report released by FBI’s Internet Crime Complaint Center , the 2020 Internet Crime Report , in 2020, the IC3 received 19,369 Business Email Compromise (BEC)/Email Account Compromise (EAC) complaints.

Scams 131
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Demand, CyberInsurance, and Automation/AI Are the Future of InfoSec

Daniel Miessler

The best example of the need for this is national level security intelligence, reconnaisance, and vulnerability assessment. Every country will have massive collections of internet and internal-facing systems that are continuously scanning and monitoring everything it owns. Here’s my talk on this topic at DEFCON in 2020.

InfoSec 255
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Iran-linked APT groups continue to evolve

Security Affairs

Over the past year, Microsoft Threat Intelligence Center (MSTIC) has observed an evolution of the tools, techniques, and procedures employed by Iranian nation-state actors. Learn more from this blog summarizing these trends, as presented at #CyberWarCon : [link] — Microsoft Security Intelligence (@MsftSecIntel) November 16, 2021.

VPN 140
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Ransomware, BEC and Phishing Still Top Concerns, per 2021 Threat Report

Webroot

Although cybercriminal activity throughout 2020 was as innovative as ever, some of the most noteworthy threat activity we saw came from the old familiar players, namely ransomware, business email compromise (BEC) and phishing. By September 2020, the average ransom payment peaked at $233,817. “In