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Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with systemadministrators and developers accounting for most of these errors. This puts pressure on organizations to secure their systems and develop incident response and disaster recovery strategies to mitigate damage.
This can only happen where organisations use the on-premise version of Exchange, and systemadministrators haven’t installed the April and May patches. Further, stopping the Encrypting File System (EFS) service does not prevent the technique from being exploited.
ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financialservice companies, law firms, and real estate groups. When adopting cloud based corporate services, it is crucial to enforce 2FA authentication to mitigate risks of login credential theft.
Although neither entity reported any fraud, one of the attacks resulted in an extended system outage that prevented the collection of nearly $2 million in revenue. The cyber criminals then used bill payment services to submit fraudulent payments—about $40,000 in total—to themselves, which they then wired to foreign banking accounts.
According to the Cisco Talos Incident Response Team, organizations in the education, manufacturing and financialservices verticals were the most affected by identity-based attacks during the third quarter of 2024. No industry is spared this phishing season, though some are targeted more often than others.
Deny and alert: Notify systemsadministrator of potentially malicious traffic. For teams in industries like financialservices, healthcare, and government, the more specific the access rule, the better. But while all firewalls should protect business data and systems, some won’t need that much protection.
Elizabeth’s team of Specialist Solutions Architects provide industry specific depth for customers in the following segments: Games, Private Equity, Media & Entertainment, Manufacturing/Supply Chain, Healthcare Life Sciences, FinancialServices, and Retail.
Read more: Best Intrusion Detection and Prevention Systems for 2021. Organizations that collect personally identifiable information (PII) like those in retail, healthcare, and financialservices face strict regulations when it comes to customer privacy and data security. Double-check your compliance requirements.
Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with systemadministrators and developers accounting for most of these errors. This puts pressure on organizations to secure their systems and develop incident response and disaster recovery strategies to mitigate damage.
Always keep your eyes open to control-rights of the senior IT managers or systemsadministrators with the authority to configure servers, firewalls, cloud storage, and file-sharing (or another network privilege).
It could be a systemadministrator who has access to sensitive defense information and recently just met an attractive fitness influencer on social media (hello, Iran !). A compromised customer account might use business email compromise tactics to phish everyone in that customer’s circle.
The teens also took over Twitter accounts of several cryptocurrency companies regulated by the New York State Department of FinancialServices (NYDFS). In its new report, the New York State Department of FinancialServices says the cyberattack and resulting bitcoin scam netted the teen hackers at least $118,000.
This gives you an idea of the steady flow of weaponized email attacks against companies of all sizes and in all sectors, with certain verticals, namely financialservices, healthcare companies and tech firms bearing the brunt. This then drops a PowerShell script into the memory of the host computer.
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