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The CrowdStrike Outage and Market-Driven Brittleness

Schneier on Security

This brittleness is a result of market incentives. It’s also true for CrowdStrike’s customers, who also didn’t have resilience, redundancy, or backup systems in place for failures such as this because they are also an expense that affects short-term profitability. CrowdStrike is one of those companies.

Marketing 348
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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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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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Security Affairs newsletter Round 494 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Amid an Embarrassment of Riches, Ransom Gangs Increasingly Outsource Their Work

Krebs on Security

This includes pivoting from or converting a single compromised Microsoft Windows user account to an administrator account with greater privileges on the target network; the ability to sidestep and/or disable any security software; and gaining the access needed to disrupt or corrupt any data backup systems the victim firm may have.

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Protecting Yourself from Identity Theft

Schneier on Security

Enable two-factor authentication for all important accounts whenever possible. Do your best to disable the "secret questions" and other backup authentication mechanisms companies use when you forget your password­ -- those are invariably insecure. Watch your credit reports and your bank accounts for suspicious activity.

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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

Tripwire’s tips for all organizations on avoiding ransomware attacks include: Making secure offsite backups. Using hard-to-crack unique passwords to protect sensitive data and accounts, as well as enabling multi-factor authentication. “One of my clients did it, I don’t know how. ” . ”