EKANS Ransomware Raises Industrial-Control Worries

Dark reading | February 03, 2020

A fairly unsophisticated ransomware attack has raised a few eyebrows among security researchers for its ability to force computers to stop specific activities, or processes, related to industrial control systems, critical-infrastructure security firm Dragos stated in a report published on February 3.In the past, ransomware has generally caused disruption in industrial control system (ICS) environments as a side effect of the malware's destructive activity — encrypting data would cause some software to fail, causing outages. Although a relatively primitive attack, the EKANS ransomware actively targets certain products common in ICS environments, says Joe Slowik, an adversary hunter with Dragos.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

KnowBe4 Launches New Mobile Learner App for Anytime, Anywhere Cybersecurity Learning

KnowBe4 | November 29, 2022

KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, today announced it is launching the new KnowBe4 Mobile Learner App to empower end users by introducing security awareness and compliance training on the go at no additional cost to customers, improving user engagement and strengthening security culture. With a large majority of the world's population using smartphones today, mobile training revolutionizes the way people learn. This new app will enable end users to complete their security awareness and compliance training conveniently from their tablets or smartphones, giving them 24/7/365 access. "The KnowBe4 Mobile Learner App is the first of its kind to launch in the security awareness and compliance training space, making it easier than ever to train users while subsequently strengthening an organization's security culture. "This new app will enable IT and security teams to improve engagement and completion rates for required training thanks to a seamless user experience. This will also help users to associate security with their personal devices, keeping it top of mind all the time rather than only when they are at work on their computers. We are making this substantial new capability available at no additional cost to all subscription levels as a show of our commitment to supporting our customers' security and human risk management objectives." Stu Sjouwerman, CEO, KnowBe4 Based on subscription levels, KnowBe4 offers 100+ Mobile-First training modules that were designed specifically for mobile. The KnowBe4 Learner App supports push notifications for custom announcements, updates on assigned training as well as KnowBe4 newsletters. About KnowBe4 KnowBe4, the provider of the world's largest security awareness training and simulated phishing platform, is used by more than 54,000 organizations around the globe. Founded by IT and data security specialist Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security. Kevin Mitnick, an internationally recognized cybersecurity specialist and KnowBe4's Chief Hacking Officer, helped design the KnowBe4 training based on his well-documented social engineering tactics. Tens of thousands of organizations rely on KnowBe4 to mobilize their end users as their last line of defense.

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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

Noname Security Announces Ambitious EMEA Channel Strategy to Capitalise on Accelerating Demand for API Security

Noname Security | November 02, 2022

Noname Security, the leading API security company, today shared its EMEA channel strategy, which builds on significant momentum achieved in the past six months and is led by Ides Vanneuville, recently appointed EMEA Channels & Alliances Director. Vanneuville is an experienced leader in the cybersecurity market with a strong track record in cybersecurity and solutions engineering, having held a number of senior positions at organisations such as Palo Alto Networks, Nutanix, and Aviatrix. Demand for API security solutions is accelerating throughout EMEA as businesses continue to transition to public cloud and are increasingly adopting cloud-native development strategies. High-profile API breaches have underlined the critical nature of API security and the need for advanced solutions such as the Noname API Security Platform that accelerate digital transformation while addressing API security risks and vulnerabilities. This offers a new and growing market for established cybersecurity resellers and new entrants alike. "I am excited to join Noname Security at a time when the channel is transforming to meet growing demand for the powerful yet easy-to-use API security that our platform delivers," comments Vanneuville. "We are building productive partnerships with traditional cybersecurity companies seeking to expand their offering into the DevSecOps market, along with the innovative application-centric resellers that are carving out opportunities in this space." Noname Security operates a 100% indirect sales model, and its channel strategy focuses on building out presence across EMEA by securing key partnerships with a range of cybersecurity resellers, consultancies, systems integrators, and distributors. Since March 2022, Noname Security has signed new partnerships with Oblivion, part of Xebia (Netherlands, Denmark & Germany), NewGens Pte (Singapore, Malaysia, Indonesia and Thailand), CyberGate Defense (UAE), Evanssion (Middle East & Africa), Aditinet (Italy), iSOC24 (Benelux) and HighPoint (UK & NL) . These partners join a diverse group of existing partners across Europe, the Middle East, and Africa. These partners will be supported by Noname Security's global partner program, which provides the resources they need to address key customer pain points in their region and build sizable revenue opportunities in the API security market. The program is tailored to reflect the variations in maturity and background of the API security market in each geographic area. "API security is a rapidly evolving area that wraps around the ways APIs are being used in different territories," adds Vanneuville. "For example, the increase in open banking in emerging regions like Turkey is driving demand for API security in that region, and we have new Noname Security partners in place to meet that need. Similarly, the booming m-commerce market in Africa is a valuable target for our partners to focus on. Our program helps partners target these key vertical markets and build a reputation for excellence." API Security Workshops Provide Essential Partner and Market Education Noname Security is running a series of workshops to educate the market and channel partners about the importance of protecting APIs against attacks and how to go about it. These are currently available, both virtually and in-person in a variety of worldwide cities, and will help Noname's channel partners as well as their end-users to understand: The underlying security risks when deploying APIs Emerging threats facing applications and APIs Techniques used to exploit vulnerable APIs How Noname Security monitors API traffic for anomalies. "These educational workshops form an important part of Noname's go-to-market strategy," concludes Vanneuville. "An educated market is a receptive market, and with these workshops we aim to ensure that customers and partners fully understand the urgency of securing APIs in order to protect core revenue streams against disruptive attackers. This is a relatively new area, but one that is of critical importance for the success and stability of modern enterprises as the cloud transition continues and born-in-the-cloud businesses ramp up innovation and expansion." About Noname Security Noname Security is the only company taking a complete, proactive approach to API security. Noname works with 20% of the Fortune 500 and covers the entire API security scope across three pillars: posture management, runtime security and API security testing. Noname Security is privately held, remote-first with headquarters in Palo Alto, California, and offices in Tel Aviv and Amsterdam.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Safe Security Launches First Cybersecurity MGA to Underwrite Cyber Insurance Based on Continuous “Inside-Out” Cyber Risk Telemetry

Safe Security | December 19, 2022

Safe Security Inc., global leader in cyber risk quantification and management (CRQM), today launched SafeInside Insurance, the first cybersecurity Managing General Agent (MGA) leveraging API-based cyber risk telemetry and quantified insights to underwrite cyber insurance. Backed by an AM Best “A-rated” carrier and panel of prominent, global reinsurance partners, SafeInside is introducing dynamic insurance policies for companies hosted in one or a combination of the leading public cloud service providers and leading SaaS solutions. For example, Amazon Web Services, Microsoft Azure and Microsoft Office 365, Google Cloud Platform and Google Workspace, Salesforce, and Zoom. “Safe Security is thrilled to become the world’s first MGA for cyber insurance using actual cyber telemetry for underwriting. Our vision is to establish a new, de-facto industry standard for how cyber insurance is underwritten, and to provide more transparency between the investment in cybersecurity and cyber insurance. “We are paving the way for a sustainable, profitable cyber insurance ecosystem based on trust and certainty for all stakeholders. Safe Security looks forward to helping insurance buyers get the right cyber insurance policy at the right price for their organization’s specific requirements, as well as assisting brokers and underwriters make more informed decisions and dynamically adjust their portfolios.” Saket Modi, co-founder and CEO, Safe Security The underwriting process through SafeInside takes less than 20 minutes to assess an organization. All insureds also receive access to the SAFE CRQM platform, winner of the 2022 CISO Choice Award for Risk Management, which simultaneously accumulates signals using APIs from existing cybersecurity products, external threat intelligence, and business context to provide unprecedented visibility into possible areas of cyber exposure, and the exact financial risk associated with those cyber exposures. With an objective of improving underwriting standards across the industry, Safe Security will also provide access to its cyber risk quantification platform to other carriers and reinsurers. Safe Security recently announced a partnership with Mosaic Insurance to offer real-time cyber risk evaluation. “Safe Security’s inside-out approach is differentiated from existing market offerings by focusing on the most common techniques used by attackers and examining how attackers think and behave, not how internal IT teams think they behave,” added Steven Schwartz, VP of Insurance Strategy and Underwriting, Safe Security. “This approach removes subjectivity, allowing companies to answer questions about their security controls with precision instead of guess work, at all times. We are working with the entire insurance ecosystem to improve the standards of cyber underwriting.” About Safe Security Safe Security Inc. is a leader in cyber risk quantification and management (CRQM), with a mission to build a safer digital future. Safe Security’s CRQM platform – SAFE – enables organizations to manage cyber risks in real-time. Its platform automatically collects signals from inside and outside a company’s environment to give the company-specific cyber risk rating, or SAFE Score, the financial impact of a potential breach, and an action plan. This enables organizations to have a common language across teams - from the board all the way down to an analyst - to align with a consistent risk metric. Other benefits include justifying investments in cybersecurity and purchase of cyber insurance for the organization.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Abnormal Security Redefines Cloud Email Security with the Launch of Security Posture Management to Protect Against Email Platform Attacks

Abnormal | November 16, 2022

Abnormal Security, the leading behavioral AI-based security platform, announced today its newest addition to the product portfolio as the company progresses toward delivering the most comprehensive cloud email security in the market. The latest innovation protects customers from emerging email platform attacks that are increasing in volume and severity as attackers find new ways to target organizations. The open, interconnected nature of cloud email platforms creates new entry points for attackers to exploit and manipulate—increasing the need for security tools that protect organizations from attacks beyond those that are delivered through inbound email. While advanced inbound email attacks like business email compromise and credential phishing remain the primary cloud email attack vector, accounting for $43 billion in exposed losses since 2016, this addition to the Abnormal product portfolio expands the capabilities of cloud email security to protect against side-channel attacks that directly target the entire email platform. In recent headlines, cybercriminals have exploited unguarded entry and exit points to carry out sophisticated platform attacks, including: Compromising user and administrator accounts by bypassing MFA policies Exploiting global administrator privileges by setting up tenant-wide email forwarding rules that send company emails to attacker inboxes Tricking employees into installing malicious OAuth applications through consent phishing email links disguised as file-sharing links These examples showcase the need for security tools that can detect changes to the cloud email environment and provide full visibility into the current posture. But because security teams often share responsibility for these platforms alongside IT and messaging teams, it is operationally difficult and manual to understand the full scope of potential configurations across thousands of users, third-party applications and email tenants, and manage them accordingly. “As we’ve spoken to our customers, we’ve heard increasing concerns about this next generation of attacks. Since they have implemented Abnormal to secure the inbound channel against advanced attacks such as BEC, attackers are looking for new ways to access their inboxes and email platforms. “Implementing a solution that can alert security teams to new integrated applications, over-permissioned users, and other potentially risky events will be extremely helpful to security leaders, and Abnormal is excited to evolve our inbound email security platform to provide this capability and better protect our customers from the full spectrum of attacks.” Mike Britton, chief information security officer at Abnormal Security The new Security Posture Management product from Abnormal gives security teams immediate visibility to each of the potential entry and exit points to the cloud email platform. Increased visibility begins with three new Knowledge Bases, in addition to the existing VendorBase, which present comprehensive databases of employees, third-party applications, and email tenants. Each of the three new Knowledge Bases provides the foundational visibility security teams need to understand potentially exposed surface areas in Microsoft 365 and conduct security investigations. AppBase: Provides a running inventory of all of the third-party applications that have access to data within Microsoft 365. It provides a summary of important information about application permissions and data access, as well as an activity timeline of recent events. PeopleBase: Provides a directory of each active user in the environment. It uses contextual, behavioral data to build a dynamic user genome. PeopleBase also provides an activity timeline of recent events, including sign-on patterns, suspicious email activity, and more. TenantBase: Provides a catalog of each of the email tenants Abnormal Security protects and relevant permissions governing access to them. Taking the information derived from these Knowledge Bases, the new Security Posture Management product then monitors each entity for potentially risky configuration changes. Key changes may include the escalation of administrator privileges or the integration of new unverified applications with read-write access to mailboxes. When changes occur, Security Posture Management alerts administrators so they can understand the impact and take appropriate downstream action to protect their cloud email platform from insider threats or attacker infiltration. While the monitoring and alerting capabilities of Security Posture Management are available as an add-on purchase to Inbound Email Security, Abnormal is providing the foundational visibility of its new Knowledge Bases at no cost to all customers with Microsoft 365. New Product Continues to Drive Abnormal Growth in the Email Security Market The posture management offering underscores Abnormal’s commitment to providing its customers with the most effective email security platform on the market. In recent weeks, Abnormal was named to the CNBC Top 25 Startups for the Enterprise list of companies that are best suited to meet the needs of large enterprises, as well as the Madrona Intelligent Applications 40 list for the platform’s superior capabilities in using machine learning to extract useful information from real-time and historical data. These awards highlight the continued success of the company as Abnormal continues to experience more than 2x growth per year, with notable customers including Xerox, Urban Outfitters, Royal Caribbean International, and Groupon. The company maintains a 4.8-star review on Gartner Peer Insights, with 100% recommendation from participating companies. This continued growth is driven by the recent Series C funding round in which Abnormal raised $210 million with backing from Insight Partners, Greylock Partners, and Menlo Ventures. Security Posture Management is the second major product launch in the past six months, with Abnormal releasing the Email Productivity module in August 2022. The Email Productivity add-on uses behavioral AI to filter time-wasting promotional emails away from employee and executive inboxes, automatically personalizing protection to each user based on behavior cues like folder moves. By shielding employees and executives from the growing barrage of promotional emails, including vendor cold calls, newsletters, and marketing promotions, Email Productivity saves enterprises multiple hours per employee per month. Both new products are part of the Abnormal Cloud Email Security platform, which stops the full spectrum of email-borne attacks. About Abnormal Abnormal Security provides the leading behavioral AI-based security platform that leverages machine learning to stop sophisticated inbound email attacks and dangerous email platform attacks that evade traditional solutions. The anomaly detection engine leverages identity and context to analyze the risk of every cloud email event, preventing inbound email attacks, detecting compromised accounts, and remediating emails in milliseconds—all while providing visibility into configuration drifts across your environment. You can deploy Abnormal in minutes with an API integration for Microsoft 365 or Google Workspace and experience the full value of the platform instantly.

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Spotlight

Tune in to the Cyber Underground for an interview with award winning Cyber Security student, Nathaniel Weeks. Nathaniel explains his decision to get into Cyber Security, his education and experience at Kapi'olani Community College, obtaining his Certified Ethical Hacker (CEH) credential, and his plans for the future. ThinkTech Hawaii streams live on the Internet from 11:00 am to 5:00 pm every weekday afternoon, Hawaii Time, then streaming earlier shows through the night.  Check us out any time for great content and great community.

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