AML Compliance: Staying Ahead of Financial Crimes

| April 26, 2016

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Financial crimes are growing in frequency and complexity with advances in technology providing malicious insiders and organized criminals more opportunity to commit crimes.

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Miracle Networking Solutions, Inc.

Our Systems Engineers will take the time to fully understand your project. We support small, medium, and enterprise business solutions. Our staff has expertise in many areas for example (UNIX, Sun, HP, Dell, Microsoft, Checkpoint). We can migrate you from Microsoft Windows 2003 to Windows 2008 or update your Solaris. We can set up a Disk-to-Disk backup, install a new firewall, or help with Vista.

OTHER ARTICLES

Wormable, Unpatched Microsoft Bug Threatens Corporate LANs

Article | March 11, 2020

Microsoft is warning on a wormable, unpatched remote code-execution vulnerability in the Microsoft Server Message Block protocol – the same protocol that was targeted by the infamous WannaCry ransomware in 2017.The critical bug (CVE-2020-0796) affects Windows 10 and Windows Server 2019, and was not included in Microsoft’s Patch Tuesday release this week. The bug can be found in version 3.1.1 of Microsoft’s SMB file-sharing system. SMB allows multiple clients to access shared folders and can provide a rich playground for malware when it comes to lateral movement and client-to-client infection. This was played out in version 1 of SMB back in 2017, when the WannaCry ransomware used the NSA-developed EternalBlue SMB exploit to self-propagate rapidly around the world.

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New Cyber Threat Index Shows Industries Are Under Attack in Uncertain Times

Article | April 16, 2020

It has been more than a month since businesses around the world started to implement contingencies in response to the Coronavirus. The Cyber Threat Index Report by Imperva Research Labs tracks changes in traffic and attack trends across multiple industries and countries. This month’s edition looks at how COVID-19 is affecting all industries across the globe. Our researchers have found that while some sectors are experiencing a dip in the number of attacks, on the whole they remain consistent. As the chart below shows, certain sectors have experienced a significant increase in attacks over the past few months: attacks on gaming are up seven percent, food & beverages are up six percent, and financial services are up 3 percent.

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CISOS PARTICIPATE IN CYBER WARGAMES TO HONE RANSOMWARE RESPONSE PLANS WITH EC-COUNCIL

Article | March 2, 2020

EC-Council, leading global information security certification body, conducted a table-top, cyber wargame among top cybersecurity executives in Tampa, Florida. The sold-out session, “CISO wargame,” included 27 senior executives from the largest managed IT service providers in the United States. The event presented the security experts with a simulated incident where an organization is hit by a ransomware attack. Participants had to work to contain the damage of the attack, which grew more complicated as the 4-hour exercise unfolded. Participants were tasked with deciding whether to pay a ransom and use ransom negotiators as well as to communicate with employees, stockholders, and the media about the breach.

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NCSC makes ransomware attack guidance more accessible

Article | February 28, 2020

The UK’s National Cyber Security Centre (NCSC) has updated its guidance to organisations on how to mitigate the impact of malware and ransomware attacks, retiring its standalone ransomware guidance and amalgamating the two in a bid to improve clarity and ease confusion among business and consumer users alike. The NCSC said that having two different pieces of guidance had caused some issues as a lot of the content relating to ransomware was essentially identical, while the malware guidance was a little more up-to-date and relevant. The service said the changes reflect to some extent how members of the public understand cyber security. For example, it implies a distinction between malware and ransomware even though technically speaking, ransomware is merely a type of malware. “Not everyone who visits our website knows that. Furthermore, they might well search for the term ‘ransomware’ (rather than ‘malware’) when they’re in the grip of a live ransomware incident,” said a spokesperson.

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Miracle Networking Solutions, Inc.

Our Systems Engineers will take the time to fully understand your project. We support small, medium, and enterprise business solutions. Our staff has expertise in many areas for example (UNIX, Sun, HP, Dell, Microsoft, Checkpoint). We can migrate you from Microsoft Windows 2003 to Windows 2008 or update your Solaris. We can set up a Disk-to-Disk backup, install a new firewall, or help with Vista.

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