Compliance can leave gaps in defenses

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#BogdanDinu, Solutions Architect- #KeysightTechnologies

Compliance can leave gaps in defenses

Compliance can leave gaps in defenses.

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    Compliance can leave gaps in defenses

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    At most companies, boards and senior executives acknowledge the serious threats that cyberattacks pose to their business. What they are not sure of is how to create a strategy that helps them understand and address the threats, in all their forms, today and in the years ahead. And they’re asking for such a strategy every day. Hence, Information technology, cybersecurity, and risk professionals need to work together to protect their organizations from cyberthreats. During the global health crisis, lockdowns, Hackers used the pandemic as an opportunity to ramp up their operations and turn the crisis into a cybercriminal gold rush. With ransom demands shooting to astronomical heights and attacks striking across all sectors, it was inevitable that life-threatening situations would ensue – especially as hospitals were often among the ones affected.

    Organizations handling end-user data should be investing more in cybersecurity solutions and practices that will enhance their security posture. In today’s digitalized world, protecting end-customer information is vital. Implementing technology solutions such as ZTNA, DLP, XDR and security posture management is key. Complementing these with employee education around data handling, vigilance, tight security controls, processes and audits would help create the desired culture. The need of the hour is, in case of a breach, organizations should be transparent, reach out to affected users directly and share the scope of the impact of the breach, what actions end users need to take to address the breach impact and what measures the organization has taken/is taking to address current and future incidents. Besides instilling confidence in their end customers for continued business engagement, it would also help restore the damaged trust.

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    #Microsoft #cyberattacks #ransomware
    Cyber Defenses against Tech War


    2021 has already broken records for cyberattacks, with an all-time high of 93% increase of ransomware and over 70% in all cyberattacks in the US in just 12 months. Offenses have reached a record of ransomware victims, with an unknown scope of attacks mostly in the US, and some victims in Europe as well. The ransomware attack, apparently conducted by the Russian speaking group REvil, represents a catastrophic combination of 2021’s most notorious cyberattack trends, supply chain attacks and ransomware. As many as 1,500 businesses around the world have been affected by the biggest ransomware attack to be recorded in history, the chief executive of American IT firm Kaseya has said.



    Software has become a weapon and the data the prisoners of war. The hackers have demanded $70 million to restore all the affected businesses' data. Among the businesses affected are supermarkets in Sweden, IT companies in Germany and the Netherlands, and schools and kindergartens in New Zealand were knocked offline. The hackers have used the VSA software developed by Kaseya which helps companies remotely monitor their computer systems. The company said it sent a detection tool to nearly 900 customers. Ransomware criminals break into networks and sow malware that cripples networks on activation by scrambling all their data. Victims get a decoder key when they pay up. Sources said, REvil level examines the financial records of the victim – insurance claims if they can find them – before they encrypt the data. They threaten to dump the stolen data online, unless paid, which has become another source of income and a nightmare for the victim.


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    Organizations operating in the cloud face a number of security gaps and challenges that can put their data and systems at risk. Some of the key challenges and gaps include:


    Data breaches: Organizations face the risk of data breaches when sensitive data is stored in the cloud. Attackers may exploit vulnerabilities in cloud services, such as weak passwords or unpatched systems, to gain access to data.


    Misconfiguration: Cloud services require careful configuration to ensure that they are secure. Organizations that do not properly configure their cloud environments may leave themselves vulnerable to attacks or data leaks.


    Insider threats: Cloud services are often accessed by employees or third-party contractors, which can increase the risk of insider threats. Malicious insiders may abuse their privileges to steal data or disrupt systems.


    Compliance: Organizations must comply with various regulations and standards related to data privacy and security, such as GDPR or HIPAA. Failure to comply with these regulations can result in significant penalties.


    Lack of visibility: The cloud can make it difficult for organizations to monitor and control their data and systems. Organizations may not have full visibility into who is accessing their data and how it is being used.

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