How COVID-19 and Remote Working Increased Risks of Cyberattacks on Australian Businesses

Tech Guide | July 18, 2020

Abrupt and unexpected are two of the adjectives most commonly used when describing the shift to working remotely that the global workforce has faced in response to the COVID-19 pandemic. No sector has been spared, including government operations, private businesses, and institutions of education. This seismic shift not only impacted the millions of people who found themselves working from home for the first time in Australia and around the globe, but it also stressed the complex technology infrastructures that were unexpectedly required to support massive amounts of traffic. Businesses and leaders in technology have met the challenges posed by the recent work at home reality head on. Unfortunately, intertwined with the positive work being done to make working from home possible, there are hackers and bad actors who have seen this sudden change as an opportunity to exploit potential weaknesses in the technological infrastructure backing the newly decentralized workforce. In their haste to get employees back to work and provide their products and services to customers, some enterprises have been blinded to the increasing security risks that having employees work from home present.

Spotlight

In contrast to historic Network Firewall evaluations, vendors are subject to heavier Data Center core network traffic, including a higher minimum firewall threshold of at least 40 Gbps throughput, high volumes of server-to-server traffic (e.g. long-lived connections such as from SAN or backup) and hundreds of thousands of simultaneous end-user web sessions. High-end Firewalls 10X Performance compared to typical Data Center Solutions, per dollar spent.


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SOFTWARE SECURITY

Thrive Integrates SOAR Technology into their Security Operations to Enhance Real-Time Cyber Threat Detection

Thrive | May 20, 2022

Thrive, one of the leading Managed Security Services Providers (MSSPs) in the world, has made a significant investment to upgrade their 24x7x365 eyes-on-glass Security Operation Center (SOC) by integrating a Security Orchestration, Automation, and Response (SOAR) engine. The SOAR capabilities will enable the Thrive global security team to better navigate today's complex, risk-laden environment for clients via tool aggregation and coordinated response, unified operations, reduced alert fatigue, and Artificial Intelligence (AI). This will result in a significant reduction of incident response times for client threats and provide higher quality information for the Thrive SOC to combat intricate cyber risks in real time. By 2025, the amount lost to cyber theft is expected to reach $10.5 trillion annually, which is the single greatest transfer of wealth in history, according to a report from AT&T. These glaring statistics indicate why cybersecurity has become imperative in the world of commerce. "Cybersecurity threats and vulnerabilities are constantly multiplying, due to not only more sophisticated social engineering but also a rise in micro-ransomware incidents, That means vigilance against attacks of all kinds must also evolve. Incorporating a SOAR into our robust global security operations unit will allow Thrive clients to have a stronger defense system in place against cybersecurity attacks and enable our team to respond more expeditiously to any issues should they arise." Mike Gray, CTO of Thrive Thrive's integrated managed cybersecurity solutions provide a proactive and expert approach to security management for identifying and remediating security issues. Powered by next-gen technology, proven frameworks and service-driven experts, Thrive's unified cybersecurity platform enables Thrive's 24x7x365 SOC to automatically address critical security issues without client intervention. By creating a stress-free experience that solves for the technical complexity and talent shortage mid-market enterprises face, Thrive's cybersecurity solutions fortify the digital transformation initiatives that propel business growth. About Thrive Thrive is a leading provider of NextGen managed services designed to drive business outcomes through application enablement and optimization. The company's Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application achieves peak performance, scale, uptime, and the highest level of security.

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PLATFORM SECURITY

Resecurity® Brings Cyber Threat Intelligence to Microsoft Azure

Resecurity | July 01, 2022

Resecurity, a cybersecurity and intelligence company, today announced its award-winning cybersecurity threat intelligence and risk monitoring platform is now available on Microsoft's Azure Marketplace. Microsoft's Azure Marketplace is the most comprehensive marketplace on the planet, offering thousands of certified cloud applications and software to over four million active users and subscribers. With cyber-risk ranking as a top concern for CEOs and business owners1, enterprises are looking for additional support to secure and manage the evolving cyber threatscape. More importantly, they're looking for trusted vendors who provide scalable, secure solutions that can work inside existing operating systems. Today, nearly 70 percent of organizations worldwide use Microsoft Azure for their cloud services.2 By joining the Microsoft Azure marketplace, Resecurity's software solutions will be easily accessible to the millions of Microsoft Azure customers needing comprehensive cybersecurity management and monitoring. "Enterprises continue to battle increasing cyber threats emerging from the Dark Web and ransomware groups targeting cloud services. Trusted partners like Microsoft Azure have enabled organizations to confidently bring in the cybersecurity expertise and solutions they need to protect their ecosystems. "Resecurity is dedicated to helping organizations worldwide mitigate these risks with our reliable, scalable and accessible cybersecurity and threat intelligence software." Gene Yoo, CEO of Resecurity Resecurity's AI-powered solutions provide proactive alerts and comprehensive visibility of digital risks targeting the enterprise ecosystem. The innovative platform allows administrators to reduce potential blind spots and security gaps by quickly seeing in-depth analysis and specific artifacts obtained through the dark web, botnets activity, network intelligence and high-quality threat intelligence data. Microsoft Azure users who integrate Resecurity into their cybersecurity strategy will benefit from: Around-the-clock security monitoring of your cloud workloads and enterprise ecosystem, In-depth risk evaluation of the entire enterprise ecosystem (Dark Web, Compromised Accounts, Data Leaks, Network Hygiene, Cloud Security, etc.), A scalable software solution that can monitor a digital footprint of any size (Domains, Network Ranges, Cloud-based Nodes), AI-powered threat intelligence that leverages Rescurity's Dark Web intelligence repositories with over 3.4 billion records and cyber intelligence analysts deployed across all continents, Contextualized risk alerts and data-backed suggested actions to enable a proactive security strategy.Just recently Resecurity has been named a gold winner by the 2022 Cybersecurity Excellence Awards in North America. Resecurity's products and services received Gold recognition across 3 categories in highly competitive nominations such as cyber threat intelligence (CTI), threat hunting, and third-party risk management (TPRM). Just recently Resecurity has been named a gold winner by the 2022 Cybersecurity Excellence Awards in North America. Resecurity's products and services received Gold recognition across 3 categories in highly competitive nominations such as cyber threat intelligence (CTI), threat hunting, and third-party risk management (TPRM). About Resecurity Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, Resecurity was named as one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California by Inc. Magazine. An Official Member of Infragard, AFCEA, NDIA, SIA and FS-ISAC.

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SOFTWARE SECURITY

BlastWave Unifies Remote Cloud Security with Bulk Onboarding and Login Convenience Through BlastShield Software Update

BlastWave | June 17, 2022

BlastWave, a zero-trust networking solution provider that reduces the cost and complexity of remote access VPN management, today announced enhancements to its zero-trust security software solution, BlastShield™. The enhancements include added security capability for the three main cloud service providers, identity manager unification, Azure gateway security integration and easy bulk onboarding. BlastWave sees these updates as increasingly important with the global workforce shift to remote cloud environments on multiple vendor platforms. The recent update allows BlastShield users to link with hybrid cloud network providers like AWS, Google, and the most recent addition, Azure, in one secure environment without forcing a user to rely on the respective security measures of each provider. This means users can have workloads distributed across provider environments but only one user authentication system. The update continues BlastWave's mission of convenient, cutting-edge cybersecurity, all while offering enhanced protection within identity management systems. Most importantly, users can take advantage of BlastShield's heightened speed and functionality, two vital features in multi-functional, cloud environments. This latest update also adds support for gateway security in Azure environments, expanding on BlastShield's previous gateway security capabilities in GCP, AWS, ESXi and COTS hardware systems. This new gateway security integration increases functionality for Azure users, allowing them to rely on password-less authentication instead of dated VPN security measures within their cloud-based Azure environments. BlastShield's latest update streamlines bulk onboarding, a typically arduous process, leveraging customers' SSO functionality. This update's features rely on an industry-standard API, System for Cross-domain Identity Management (SCIM), designed to simplify the management of user identities in cloud-based services as well as applications. It enables the automatic exchange of user information between identity domains, eliminating the insecure provisioning of identity managers when onboarding large numbers of users in distributed cloud environments. Identity managers have conventionally suffered from potential exposure to credential theft, SIM jacking, and other threat vectors. BlastShield's update addresses these vulnerabilities without hampering the convenience of identity managers. "BlastShield's latest update enhances our proven security mechanisms with single sign-on identity management tools and offers simplified bulk onboarding. "Many competitors are focusing more on endpoint security in these hybrid cloud environments, but we're offering a macro-level security approach that combines the convenience of identity management systems like Okta and One Identity with the proven agile security of BlastShield's network-level ZTNA and microsegmentation." Michael Bacon, BlastWave Solution Engineer The recent software update and resulting functionality are automatic for new subscribers and can be implemented with the click of a button in the BlastShield interface for current professional and enterprise customers. "In the past, cybersecurity may have elicited groans from providers, largely due to its perceived inconvenience. This update lends BlastWave's proven security stack to the login convenience offered by established identity managers," said Mel Knight, Brier and Thorn CISO. "Once again, whether through bulk onboarding via secure provisioning or enhanced Azure environment security, BlastWave continues to imbue existing technologies with their patented, proven ZTNA security solution. We are excited for our customers to experience this update's improved, secure convenience, bulk onboarding, and multi-vendor cloud security." About BlastWave Founded by former executives and technologists from Apple and Cisco, BlastWave is taking a fundamentally different approach to security aimed at protecting privacy and connected devices from cyberattacks. BlastWave's patented product, BlastShield™️, is an integrated, zero-trust stack that combines state-of-the-art passwordless multi-factor authentication with high-performance, resilient encrypted connectivity and built-in microsegmentation. BlastWave is backed by Rocket Strategies, Lucas Venture Group, and Millennium Investments. The company is headquartered in Palo Alto, California.

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PLATFORM SECURITY

OpenText Security Cloud Powers and Protects Businesses

OpenText | June 03, 2022

OpenText™ , a global leader in information management, today announced an expanded suite of security solutions to address the heightened state of cyber security in today's vulnerable world. With OpenText, organizations of every size can protect their data and systems against evolving threats. OpenText is showcasing new and enhanced security offerings that strengthen cyber resilience for SMBs, government agencies, and enterprises at this year's RSA Conference in San Francisco at booths #4214, #4221 and #1535. Real-time threat intelligence is an essential component of a business's cyber resilience strategy. Further to the findings from the 2022 BrightCloud Threat Report, new quarterly findings released today from BrightCloud® Threat Intelligence show: 1122% increase in phishing in the first quarter of 2022 compared to 2021 Q1 phishing numbers, indicating a buck in the trend of hackers taking holiday in Q1; For the first time, Instagram broke into the top five most impersonated brands for phishing, demonstrating increased targeting of younger users; and 36.1% reduction in malware encounters for customers using both endpoint and DNS protection versus only endpoint protection, reinforcing the added efficacy benefit of securing DNS and using layered security. To ensure cyber resilience, organizations must deploy strong, multi-layered security and data protection policies to prevent, respond, and quickly recover from threats. OpenText has expanded its security offerings with new technology and increased capabilities that enable businesses to confidently power and protect information continuously at the data, application, infrastructure, and edge layers with intelligence and insights across the perimeter and endpoints. "With security risks escalating worldwide and a persistent state of evolving threats, compromises are inevitable, security remains job number one," said Mark J. Barrenechea, OpenText CEO and CTO. "Through our breadth of OpenText Security Cloud, we make it easier for businesses to increase their cyber resilience posture and protect themselves against threats. And if a vulnerability unfortunately leads to a breech, our solutions enable quick detection, response, and recovery to minimize disruption." "Texas Tech University Health Sciences Center, (TTUHSC), a large medical school serving more than 100 counties in the western portion of Texas, needed a trusted partner to help us protect our operations from cyberattacks. OpenText MxDR has been responding to our needs effectively and because it is a 24X7X365 service, our experience has been seamless," said TTUHSC, ISO, Lane Timmons. About OpenText OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

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Spotlight

In contrast to historic Network Firewall evaluations, vendors are subject to heavier Data Center core network traffic, including a higher minimum firewall threshold of at least 40 Gbps throughput, high volumes of server-to-server traffic (e.g. long-lived connections such as from SAN or backup) and hundreds of thousands of simultaneous end-user web sessions. High-end Firewalls 10X Performance compared to typical Data Center Solutions, per dollar spent.

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