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LW ROUNDTABLE — How 2024’s cyber threats will transform the security landscape in 2025

The Last Watchdog

Gen AI threats and quantum computing exposures must be accounted for. Attacks targeting identities rose 71% last year, with valid accounts as the top entry point. With adversaries destroying backups to increase extortion payouts, recovery will grow harder and slower, emphasizing the need for stronger security controls and architecture.

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LW ROUNDTABLE: Cybersecurity takeaways of 2023 — and what’s ahead in 2024 ( part 1)

The Last Watchdog

A look back at the cybersecurity landscape in 2023 rings all-too familiar: cyber threats rapidly evolved and scaled up , just as they have, year-to-year, for the past 20 years. Eyal Benishti , CEO, IRONSCALES Benishti Generative AI (GenAI) reshaped cybersecurity in 2023. What should I be most concerned about – and focus on – in 2024?

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Dental group lied through teeth about data breach, fined $350,000

Malwarebytes

Westend Dental agreed to settle several violations of the Health Insurance Portability and Accountability Act (HIPAA) in a penalty of $350,000. In January 2023 a witness confirmed there had been a data breach, which prompted the Indiana OIG to initiate a wider investigation to assess compliance with the HIPAA rules and state laws.

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The FBI warns of HiatusRAT scanning campaigns against Chinese-branded web cameras and DVRs

Security Affairs

In March 2023, Lumen Black Lotus Labs researchers uncovered a sophisticated campaign called HiatusRAT that infected over 100 edge networking devices globally. Starting in mid-June through August 2023, Black Lotus Labs observed multiple newly compiled versions of the HiatusRAT malware discovered in the wild.

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Okta: Breach Affected All Customer Support Users

Krebs on Security

20, 2023 that identity and authentication giant Okta had suffered a breach in its customer support department, Okta said the intrusion allowed hackers to steal sensitive data from fewer than one percent of its 18,000+ customers. For this reason, they can’t be locked down with multifactor authentication the way user accounts can.

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No company too small for Phobos ransomware gang, indictment reveals

Malwarebytes

That enormous sum represents a company’s downtime during a ransomware attack, any reputational damage it suffers, and the lengthy recovery process of rebuilding databases and reestablishing workplace accounts and permissions. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.

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CISA adds Veritas Backup Exec flaws to its Known Exploited Vulnerabilities catalog

Security Affairs

US CISA has added Veritas Backup Exec flaws, which were exploited in ransomware attacks, to its Known Exploited Vulnerabilities catalog. The CVE-2023-26083 flaw in the Arm Mali GPU driver is chained with other issues to install commercial spyware, as reported by Google’s Threat Analysis Group (TAG) in a recent report.

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