DATA SECURITY

Honeywell Cybersecurity Research Reports Significant Increase In USB Threats That Can Cause Costly Business Disruptions

Honeywell | June 22, 2021

According to a report released today by Honeywell (Nasdaq: HON), USB-based threats that can severely impact business operations increased significantly during a disruptive year when the usage of removable media and network connectivity also grew.

Data from the 2021 Honeywell Industrial USB Threat Report indicates that 37% of threats were specifically designed to utilize removable media, which almost doubled from 19% in the 2020 report. The research also highlights that 79% of cyber threats originating from USB devices or removable media could lead to a critical business disruption in the operational technology (OT) environment.  At the same time, there was a 30% increase in the use of USB devices in production facilities last year, highlighting the growing dependence on removable media.

The report was based on aggregated cybersecurity threat data from hundreds of industrial facilities globally during a 12-month period. Along with USB attacks, research shows a growing number of cyber threats including remote access, Trojans and content-based malware have the potential to cause severe disruption to industrial infrastructure.

"USB-borne malware was a serious and expanding business risk in 2020, with clear indications that removable media has become part of the playbook used by attackers, including those that employ ransomware," said Eric Knapp, engineering fellow and director of cybersecurity research for Honeywell Connected Enterprise. "Because USB-borne cyber intrusions have become so effective, organizations must adopt a formal program that addresses removable media and protects against intrusions to avoid potentially costly downtime."

Many industrial and OT systems are air-gapped or cut off from the internet to protect them from attacks. Intruders are using removable media and USB devices as an initial attack vector to penetrate networks and open them up to major attacks. Knapp says hackers are loading more advanced malware on plug-in devices to directly harm their intended targets through sophisticated coding that can create backdoors to establish remote access. Hackers with remote access can then command and control the targeted systems.

Spotlight

As the cybersecurity industry faces a critical shortage of workers—estimated at 1.5 million by 2020—the number of women in the industry is dismal. According to a recent report by Frost & Sullivan, bridging that gender disparity gap would lessen the shortfall in worker demand.


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DATA SECURITY

Netskope Revolutionizes Data Protection with Patented Lightweight, Cloud-Powered Endpoint Data Loss Prevention

Netskope | May 24, 2022

Netskope, the leader in Security Service Edge (SSE) and zero trust,announced a key expansion of data protection capabilities to endpoint devices and private apps. The introduction of a patented endpoint data loss prevention (DLP) solution will enable Netskope Intelligent SSE customers to protect data everywhere it moves across the hybrid enterprise. Zero trust principles are critical to SSE, which describes the security stack needed to enable a modern Secure Access Service Edge (SASE) architecture. Data protection is of utmost importance throughout a SASE architecture—specifically, the need for security to move with data wherever it is accessed, and apply zero trust to determine the right level of access. Additionally, legacy and endpoint DLP offerings have failed enterprises by being siloed, complicated, and intrusive, hindering user productivity. Netskope has been consistently recognized by top industry analysts for its advanced data protection capabilities. With today's continued expansion of the Netskope Intelligent SSE platform, Netskope customers will be able to protect data across SaaS, IaaS, private applications, web, e-mail, and endpoint devices from a single converged data protection solution, leveraging machine learning, user and entity behavior analytics (UEBA), and insider threat mitigation capabilities to improve security efficacy, efficiency, and agility. Notable features of Endpoint DLP include: Context-aware, zero trust data protection on local peripherals and devices, such as USB drives and printers Unified data classification, policy enforcement, and incident management for DLP across SaaS, IaaS, private apps, web, e-mail, and endpoint devices A patented lightweight endpoint agent with cloud-based inspection and contextual data protection policies that enhance the user experience Machine learning and Advanced Analytics to help simplify data classification and policy definition, lowering operational overhead UEBA, which makes it possible to identify and stop complex data loss scenarios such as insider risk, where users are unintentionally or even maliciously abusing their access to data "No SASE or zero trust journey will be successful without data protection capabilities that can address all critical use cases in a way that is easy to deploy and doesn't slow down users, The introduction of Endpoint DLP extends Netskope's award-winning data protection capabilities that much further, to critical use cases with endpoint devices. While some competitors may offer unified policy and management or provide data protection for certain vectors, Netskope is the only vendor that can provide truly converged data protection across the full IT environment. We are very excited to deliver Endpoint DLP to customers as another Netskope game-changer." John Martin, Chief Product Officer, Netskope "With Netskope's new eDLP, we can now offer single-pass data protection —across all vectors, from the cloud to the endpoint —with unified policies, within a single management console," said Mick Coady, Global Vice President CyberSecurity Solutions, World Wide Technology. "As a Platinum Partner in Netskope's Evolve partner program, we're seeing the huge growth opportunity that Netskope's Intelligent SSE approach represents. This new addition will accelerate that growth." A work-from-anywhere, or "hybrid," environment makes it increasingly difficult to maintain security models based on implicit trust in any entity that wants to connect. Zero trust principles enable organizations to govern access to data based on behavior by users, devices, networks, and applications— increasing confidence in policy enforcement everywhere. By evaluating several contextual elements—user identity, device identity and security posture, time of day, geolocation, business role, sensitivity level of the data, and more—the resource itself can determine an appropriate level of confidence, or trust, only for that specific interaction and only for that specific resource. Using Netskope Intelligent SSE with zero trust principles applied throughout the environment, businesses become more agile, reduce risk, and streamline solution deployment and maintenance. "DLP has been extremely complicated and cumbersome, and that's before you factor in cloud, web, email, private apps, and endpoints," said Frank Dickson, IDC Group Vice President, Security & Trust. "Netskope looks to address complexity with integration, providing a unified cloud delivered solution. Compared to old school network and endpoint-based DLP solutions, having DLP in this integrated solution makes it dramatically easier to protect data wherever it may be and in a manner that is frictionless for end users. It is a win-win." About Netskope Netskope, a global cybersecurity leader, is redefining cloud, data, and network security to help organizations apply zero trust principles to protect data. The Netskope Intelligent Security Service Edge (SSE) platform is fast, easy to use, and secures people, devices, and data anywhere they go. Netskope helps customers reduce risk, accelerate performance, and get unrivaled visibility into any cloud, web, and private application activity. Thousands of customers, including more than 25 of the Fortune 100, trust Netskope to address evolving threats, new risks, technology shifts, organizational and network changes, and new regulatory requirements.

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SOFTWARE SECURITY

Palo Alto Networks Bolsters Its Cloud Native Security Offerings With Out-of-Band WAAS

Palo Alto Networks | June 24, 2022

Over the last two years, organizations have expanded their use of cloud environments by more than 25%. Many are now struggling to manage the technical complexity of cloud migration, including the ability to secure their applications across the entire application development lifecycle. Palo Alto Networks (NASDAQ: PANW), a leader in The Forrester Wave™: Cloud Workload Security, Q1 2022, today announced the addition of Out-of-Band Web Application and API Security (Out-of-Band WAAS) to Prisma® Cloud to help organizations secure web applications with maximum flexibility. Until now, a primary industry approach to securing web applications has been to deploy inline web application firewalls (WAFs). Some organizations are reluctant to introduce WAFs or API security solutions inline, however, due to performance and scalability concerns. With today's announcement, Prisma Cloud can provide organizations with deep web and API security both inline and out of band, allowing them to choose how to protect their applications in the cloud. "Companies no longer have to decide between application security and performance. By adding Out-of-Band WAAS to Prisma Cloud, we are empowering customers with flexible security options that fit their evolving application needs," said Ankur Shah, senior vice president, Prisma Cloud, Palo Alto Networks. "As more organizations move workloads to the cloud, the capabilities that make up Prisma Cloud help provide the most complete protection, reducing complexity and increasing visibility across infrastructure, workloads, identities and applications." "As organizations increasingly build and deploy their applications in the cloud, protecting their business-critical applications without impacting performance has been a challenge. "Adding the option of Out-of-Band WAAS helps both developer and security teams secure their applications with the same level of security as traditional in-line WAFs and API security without impacting performance." Melinda Marks, senior analyst, ESG In addition to Out-of-Band WAAS, Prisma Cloud is getting new threat detection, alert prioritization and permissions management capabilities to help provide organizations with deeper, unified visibility across their entire cloud application portfolio: Multicloud Graph View for Cloud Infrastructure Entitlement Management (CIEM): Discover over-privileged accounts and understand access risk across multicloud environments. Prisma Cloud now provides a graph view of the net effective permissions across AWS, Microsoft Azure and Google Cloud. Multicloud Agentless Cloud Workload Protection: Extend visibility into cloud workloads and application risks across Azure and Google Cloud, in addition to AWS, to complement existing agent-based protection. DNS-Based Threat Detection: Surface malicious activity and anomalous behavior in cloud environments. Prisma Cloud Threat Detection now leverages machine learning (ML) and advanced threat intelligence to identify bad actors hiding in DNS traffic. MITRE ATT&CK® Alert Prioritization: Enable security teams to prioritize risks and incidents based on the industry's most widely adopted framework. About Palo Alto Networks Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.

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DATA SECURITY

Flow Security Launches Next-Gen Data Security Platform Following $10 Million Seed Round

Flow Security | August 05, 2022

Flow Security today announced $10M in seed funding and launched the first data security platform that discovers and protects both data at rest and in motion. The funding was led by Amiti, with participation from GFC, Amdocs Ventures, and industry leaders such as CyberArk CEO Udi Mokady and Demisto CEO and co-founder Slavik Markovich. Enterprises of all sizes continue to make heavy investments in technology stacks as they transition to modern cloud application architectures. This new era promises many benefits, but has also led to significant data sprawl and major difficulties in securing data. With the widespread adoption of modern architectures, securing sensitive data such as PII, PHI, financial information, and intellectual property has become a near-impossible task. Flow Security helps organizations overcome these challenges by continuously mapping and detecting all data-related risks for an improved data security posture. Flow is the only data security platform that supports use cases including discovering and classifying data flows to external services, policy enforcement, automatic data-related threat modeling, and reducing data access permissions to the minimum. Flow has a growing customer base in highly-regulated markets such as e-commerce, fintech, healthcare, insurtech, and more. "Discovery, mapping and protecting data is usually a manual process, which is not effective in large organizations," says Nir Chervoni, Head of Data Security of Booking.com, "Automatic data mapping should consist of analyzing the actual payload, and not only its metadata. So far, Flow is the only company I've seen that provides that capability for multiple scenarios." "Security and data protection teams are struggling to keep up with the rapid pace of today, and Flow is making their lives exponentially easier," said Ben Rabinowitz, Managing Partner and Founder at Amiti Ventures. "We're thrilled to be a partner on this journey, and eager to help capitalize on this opportunity to give security teams the technology they need to become business enablers." "We've reviewed dozens of different data security tools lately, and we weren't satisfied with any of them. "But Flow's data-in-motion approach is a game changer. It took the platform a few days to map data-related threats that usually take months of manual work to detect." Ralph Pyne, VP of Security at NextRoll "Data security is not a new problem, but the challenges are changing and growing," said Jonathan Roizin, co-founder and CEO of Flow Security. "Organizations are moving at a record pace and quickly transitioning to the cloud and cloud-first applications. These transformations often make life easier, but they also make the jobs of security professionals even more difficult. With Flow, security teams are no longer forced to chase down information. It simplifies security and regulatory processes and bridges the gap between security and development teams." About Flow Security Flow Security revolutionizes data security with the first platform that discovers and protects data not only at rest, but also in motion. Founded in 2021 by Jonathan Roizin and Rom Ashkenazi, the Israel-based company is backed by Amiti, GFC, Amdocs Ventures, and market-leading angel investors.

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PLATFORM SECURITY

Cloud Security Alliance Offers Governance Best Practices for Protecting Data Throughout Software-as-a-Service (SaaS) Lifecycle

Cloud Security Alliance | June 10, 2022

The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today released Software-as-a-Service (SaaS) Governance Best Practices for Cloud Customers. Drafted by the SaaS Governance Working Group, the paper provides a baseline set of SaaS governance best practices for protecting data within SaaS environments, enumerates and considers risks according to the SaaS adoption and usage lifecycles, and finally, provides potential mitigation measures from the SaaS customer’s perspective. The SaaS environment ultimately presents a shift in the way organizations handle cybersecurity that introduces a shared responsibility between producers and consumers. While the domain of cloud adoption and security continues to evolve, not much guidance is available regarding SaaS governance and security. This, despite the reality that increasingly, different departments within an organization (Shadow IT) are occasionally utilizing SaaS offerings to power their critical business processes and functions and often storing sensitive data in SaaS environments. “SaaS requires a different security governance mindset. Because SaaS apps allow businesses to quickly and easily optimize business operations, adoption has come at the price of security. Few recognize how complex the configuration and permission settings of SaaS apps can be, which results in numerous misconfigurations, giving attackers the potential to access sensitive data,” said Amir Ofek, CEO of AxoniusX, the new innovation unit of Axonius, which sponsored the paper. “By following a widely adopted security framework, such as NIST CSF, coupled with the best-practices and recommendations in this document, organizations will be able to better establish SaaS governance and security processes to mitigate risk associated with SaaS usage, eliminate misconfigurations, and gain full control over their entire SaaS environment.” “While SaaS offers tremendous opportunities for organizations to change the way they operate, consume innovative capabilities, and offload many of the operational burdens associated with both creating and maintaining applications, it isn’t without its concerns. As organizations continue to adopt SaaS-based applications and solutions, traditional organizational cybersecurity must be updated to reflect this new operating model. Failing to do so can increase the potential risk and ramifications of security incidents associated with the consumption of SaaS.” Chris Hughes, co-founder and CISO at Aquia and project lead/lead author of the paper The guide defines three necessary components that, when combined into a cohesive strategy, can provide integrated security for SaaS systems and solutions: Process security. Protects the integrity of procedural activities to ensure the input and output of processes aren’t easily compromised. These are the managerial aspects, including policies and procedures, to ensure that an organization’s processes are consistent. Platform security. Deals with the security strength of the platform and the underlying dependencies of a SaaS service. These include the SaaS infrastructure, operating systems, and its potential suppliers. Application security. Deals with the security of the SaaS application itself. A SaaS application can only stay secure if it does not contain exploitable vulnerabilities and has implemented hardened configurations aligned with organizational and vendor security best practices, as well as compliance requirements. The Software-as-a-Service (SaaS) Governance Working Group aims to benefit all parties in the SaaS ecosystem by supporting a common understanding of SaaS related risks from the perspectives of the cloud customer and cloud service provider. Individuals interested in becoming involved in future research and initiatives are invited to join the working group. SaaS Governance Best Practices for Cloud Customers was sponsored by Axonius, a leader in cybersecurity asset management and SaaS management. CSA research prides itself on vendor neutrality, agility, and integrity of results. Sponsors are CSA Corporate Members who support the findings of the research project but have no added influence on the content development or editing rights to CSA research. About Axonius Axonius gives customers the confidence to control complexity by mitigating threats, navigating risk, automating response actions, and informing business-level strategy. With solutions for both cyber asset attack surface management (CAASM) and SaaS management, Axonius is deployed in minutes and integrates with hundreds of data sources to provide a comprehensive asset inventory, uncover gaps, and automatically validate and enforce policies. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers millions of assets, including devices and cloud assets, user accounts, and SaaS applications, for customers around the world. About Cloud Security Alliance The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud — from providers and customers to governments, entrepreneurs, and the assurance industry — and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem.

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Spotlight

As the cybersecurity industry faces a critical shortage of workers—estimated at 1.5 million by 2020—the number of women in the industry is dismal. According to a recent report by Frost & Sullivan, bridging that gender disparity gap would lessen the shortfall in worker demand.

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