Protecting Financial Services Networks from the Inside-Out

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Advanced Threats are taking advantage of the typical flat Internal Network of Financial Services firms. Once through the border defense, there is little to stop their spread and eventual extraction of valuable targeted assets. Because traditional firewalls have been architected to slower speeds of the Internet Edge, it's hard to deploy these security devices internally.

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ROAMWORKS

ROAMWORKS is a leading provider of IoT solutions and systems integration for B2B customers. Our open platform, ROAM™ (Remote Operational Application Monitoring), enables organizations of all sizes to seamlessly “bridge the gap” to other business systems and retrieve, process, control and manage their data with unprecedented flexibility and efficiency.

OTHER ARTICLES

What is Ransomware and What You Need to Know to Stay Safe?

Article | March 5, 2020

While there may be more than 1 billion pieces of malware prowling the internet for a chance to infect victims, one particular piece of nastiness has been inflicting financial losses and security headaches for years.Known as ransomware, its sole purpose is to block access to computer systems or files until the victim pays a ransom. These ransom demands fluctuate wildly, from the equivalent of a couple of hundred dollars to several hundred thousand. In the simplest terms, ransomware is a piece of malicious software that prevents users from using their devices or accessing their personal or important files, unless a sum of money is paid. Payment is usually demanded in cryptocurrency, such as Monero or Bitcoin. Victims are told to purchase these digital assets and then transfer them to the attackers.

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Data Privacy Problem: Are Home Genealogy Kits a Security Threat?

Article | March 5, 2020

Surprising news recently emerged from the personal genetics business. The two leading direct-to-consumer companies in North America, 23andMe and Ancestry.com, announced within a week of each other that they were laying off a significant proportion of their workforce as a result of a steep drop in sales. This past Christmas, the sales of testing kits were expected to take a sharp hike — nothing says family like a gift that says prove it. But sales plummeted instead. According to Second Measure, a company that analyzes website sales, 23andMe’s business plummeted 54 per cent and Ancestry kits sales declined 38 per cent. Industry executives, market watchers and genealogists have all speculated about the causes of the drop in consumer interest. Market saturation? Early adopters tapped out? Limited usefulness? Recession fears? Whatever the theory, everyone seems to agree on one factor: privacy concerns.

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Malicious coronavirus map hides AZORult info-stealing malware

Article | March 5, 2020

Cyberattackers continue to seize on the dire need for information surrounding the novel coronavirus. In one of the latest examples, adversaries have created a weaponized coronavirus map app that infects victims with a variant of the information-stealing AZORult malware. The malicious online map, found at www.Corona-Virus-Map[.]com, appears very polished and convincing, showing an image of the world that depicts viral outbreaks with red dots of various sizes, depending on the number of infections. The map appears to offer a tally of confirmed cases, total deaths and total recoveries, by country, and cites Johns Hopkins University’s Center for Systems Science and Engineering as its supposed data source. Malwarebytes issued a warning about the map last week, and Reason Cybersecurity this week has followed up with its own blog post, reporting additional details on the scam, gathered by Reason Labs researcher Shai Alfasi.

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New Ransomware hitting Industrial Control Systems like a nuclear bomb

Article | March 5, 2020

Researchers at security firms including Sentinel One and Drago’s have been mystified by a piece of code named Ekans or Snake, over the last month. Drago’s publically released its full report on Ekans Ransomware that has recently inflicted Industrial Control Systems and these are some of the most high-value systems that bridge the gap between digital and physical systems. In the history of hacking, only a few times a piece of malicious code has been marked attempting to intrude Industrial Control Systems. Ekans is supposed to be the first Ransomware with real primitive capability against the Industrial Control Systems, software, and hardware used in everything from oil refineries to power grids. Researchers say this ransomware holds the capability to attack ICS by Honeywell and GE as well.

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Spotlight

ROAMWORKS

ROAMWORKS is a leading provider of IoT solutions and systems integration for B2B customers. Our open platform, ROAM™ (Remote Operational Application Monitoring), enables organizations of all sizes to seamlessly “bridge the gap” to other business systems and retrieve, process, control and manage their data with unprecedented flexibility and efficiency.

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