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Home - Archives for ISBuzz Team - Page 694

ISBuzz Team

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Honeywell Launches New Industrial Cyber Security Solution To Enable Secure Use Of USB Devices

ISBuzz TeamApril 6, 20175 Mins Read

Secure Media Exchange (SMX) provides a  simple, safe way for industrial plants to use USB-removable media and manage USB ports Helps protect industry and critical infrastructure from USB-borne threats HOUSTON. Honeywell (NYSE: HON) Process Solutions (HPS) today announced a new solution for industrial sites as they balance productivity and cyber security demands. Honeywell’s new Secure Media Exchange (SMX) protects facilities against current and emerging USB-borne threats, without the need for complex procedures or restrictions that impact operations or industrial personnel. Malware spread through USB devices – used by employees and contractors to patch, update and exchange data with onsite control and computer systems – is a…

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How Does Blockchain Work? – Transactions Without An Intermediary

ISBuzz TeamApril 6, 20178 Mins Read

The global blockchain market is growing fast: it is predicted to be worth US$20 billion by 2024 compared to US$ 315.9 million in 2015 but just what is it and how does it work? Here René Bader, Manager of Critical Business Applications & Big Data and Thorsten Deckers, Senior IT Security Consultant at NTT Security provide some explanation. Blockchain enables transactions in a peer-to-peer network to be validated without the need for an intermediary, thus ensuring traceability and transparency. One of the driving forces of this technology is the “cryptocurrency” Bitcoin. However, beyond this, there are numerous application possibilities for blockchain technology…

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Samsung Operating System Prone To Attacks, According To Security Experts

ISBuzz TeamApril 6, 20172 Mins Read

Tizen, the operating system that runs on Samsung’s connected devices like televisions and smartwatches, is plagued by a number of dangerous security vulnerabilities, according to a report from Motherboard. Amihai Neiderman, the head of security research at Equus Software in Israel, reported Samsung’s in-house operating system suffers from more than 40 zero-day exploits—vulnerabilities that have not yet been disclosed or patched by Samsung. Cris Thomas (aka Space Rogue), Strategist at Tenable Network Security commented below. Cris Thomas (aka Space Rogue), Strategist at Tenable Network Security:  “As more devices are being connected to the internet, the discovery of zero days in consumer…

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The Top 5 Misconceptions Of IoT Network And Device Security

ISBuzz TeamApril 6, 20175 Mins Read

The Internet of Things (IoT) describes an interconnected system of standalone devices, which communicate and transfer data within the existing internet infrastructure, providing greater insight and control over elements in our increasingly connected lives. With an estimated 30 billion[1] connected devices to be deployed across the globe by 2020, the promise of a global Internet of Things is fast approaching, posing a whole new level of threats to connected organizations. The Rise of IoT Devices Used in Organizations With time, IoT devices will become more intuitive and efficient than we ever thought possible and by 2020 it is predicted that…

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Over A Third Of British Businesses Not Very Confident That Recent Ransomware Attack Has Been Completely Eradicated From Work Systems

ISBuzz TeamApril 6, 20173 Mins Read

~ Citrix research also reveals that one in three large British businesses saw more than 100 devices affected by ransomware in a recent attack ~ LONDON, United Kingdom.  Today, new research has revealed that over a third of British businesses (36 per cent) are not ‘very confident’ that efforts to completely eradicate a recent ransomware attack from work systems have been successful. The research – commissioned by Citrix and carried out by One Poll – quizzed 500 IT decision makers in companies with 250 or more employees across the UK to uncover the extent to which large British organisations are prepared for the threat…

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Survey Highlights Downtime As A Key Cost Of Ransomware Attacks

ISBuzz TeamApril 6, 20173 Mins Read

Respondents estimate that ransomware attacks could cost businesses $5,000 to $20,000 a day on average LONDON, UK. Imperva, Inc. (NASDAQ: IMPV), committed to protecting business-critical data and applications in the cloud and on-premises, today announced the results of a survey of 170 security professionals taken at RSA 2017, the world’s largest security conference, exploring their experiences with ransomware. Thirty-two percent of respondents said their company had been infected with ransomware with 11 percent taking longer than a week to regain access to their systems after an attack. According to CNN, in 2016, the FBI estimated that ransomware would be a $1…

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Malicious SysAdmin

ISBuzz TeamApril 5, 20172 Mins Read

Following the news that a former IT administrator, working at a cowboy boot manufacturer in the US, has pleaded guilty hacking the servers and cloud accounts of his employer after they fired him should act as a warning to organisations of the damage a malicious employee can cause. Leo Taddeo – Chief Security Officer at Cryptzone commented below. Leo Taddeo, Chief Security Officer at Cryptzone: “The implications of SysAdmin [System Administrator] accounts that have carte blanche access to the system has been recognised as a major threat for a number of years. These accounts operate in an elevated position of trust,…

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Double Attack: What Are Fileless Banking Attackers Really After?

ISBuzz TeamApril 5, 20174 Mins Read

One day bank employees discovered an empty ATM: there was no money, no traces of physical interaction with the machine, and no malware. After Kaspersky Lab experts spent time unwinding this mysterious case, they were able to not only understand the cybercriminal tools used in the robbery, but also reproduce the attack themselves, discovering a security breach at the bank. In February 2017 Kaspersky Lab published the results of an investigation into mysterious fileless attacks against banks: criminals were using in-memory malware to infect banking networks. But why were they doing this? The ATMitch case has given us the whole picture. The…

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The Hunt For The Dawn Of APTs: A 20 Year-Old Attack That Remains Relevant To A Modern APT

ISBuzz TeamApril 5, 20174 Mins Read

Kaspersky Lab and Kings College London researchers, looking for a link between a modern threat actor and the Moonlight Maze attacks that targeted the Pentagon, NASA and more in the late 1990s, have unearthed samples, logs and artefacts belonging to the ancient APT. The findings show that a backdoor used in 1998 by Moonlight Maze to tunnel information out of victim networks connects to a backdoor used by Turla in 2011 and possibly as recently as 2017.  If the link between Turla and Moonlight Maze is proven, it would place the evolved threat actor alongside the Equation Grup in terms of its longevity, as some of Equation’s command-and-control servers…

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Samsung’s Android Replacement Has 40 Unknown Zero-Day Vulnerabilities

ISBuzz TeamApril 5, 20174 Mins Read

An Israeli cybersecurity researcher has uncovered 40 unknown zero-day vulnerabilities in Samsung’s operating system Tizen. The vulnerabilities “would allow someone to remotely hack millions of newer Samsung smart TVs, smart watches, and mobile phones already on the market, as well as ones slated for future release, without needing physical access to them.” IT security experts from Lastline, ESET, prpl Foundation and FireMon commented below. Professor Giovanni Vigna, Founder and CTO at Lastline: “It seems that Samsung, in its rush to come to market with a product to substitute Android, has not performed the relevant code analyses that would have prevented these flaws…

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