NETWORK THREAT DETECTION

Lacework Quarterly Cloud Threat Report Shows the Automated Techniques Cybercriminals are Using to Attack Businesses in the Cloud

Lacework | August 31, 2021

Lacework, the data-driven security platform for the cloud, today released its quarterly cloud threat report, unveiling the new techniques and avenues cybercriminals are infiltrating to profit from businesses.

The rapid shift of applications and infrastructure to the cloud creates gaps in the security posture of organizations everywhere. This has increased the opportunities for cybercriminals to steal data, take advantage of an organization's assets, and to gain illicit network access.

"It's in enterprises' best interest to start thinking of cybercriminals as business competitors," said James Condon, Director of Research at Lacework. "Last year alone, cybercrime and ransomware attacks cost companies $4 billion in damages. As more companies shift to cloud environments, we're seeing an increase in demand for stolen access to cloud accounts and evolving techniques from cybercriminals, making enterprises even more vulnerable to cloud threats."

New research from Lacework Labs, the dedicated research team at Lacework that focuses on new threats and attack surface risks within the public cloud, sheds light on the crimeware and growing ransomware landscape in the face of new threat models and emerging cybersecurity challenges. Based on anonymized data across the Lacework platform from May 2021 - July 2021, key findings of the report include:

Initial Access Brokers (IABs) Expand to Cloud Accounts
As corporate infrastructure continues to expand to the cloud, so do opportunistic adversaries as they look to capitalize on the opportunity. Illicit access into cloud infrastructure of companies with valuable data/resources or wide-reaching access into other organizations offers attackers an incredible return on investment. In particular, Lacework Labs found Amazon AWS, Google Cloud, and Azure administrative accounts are gaining popularity in underground marketplaces.
Threat Actor Campaigns Continue to Evolve: Lacework Labs has observed a variety of malicious activity originating from known adversary groups and malware families. This section showcases those who continue evolving their operators as a valuable return on investment:
8220 Gang Botnet and Custom Miner: Lacework Labs recently found a new cluster of activity linked to an 8220 Gang adversary group campaign of infecting hosts, primarily through common cloud services, with a custom miner and IRC bot for further attacks and remote control. This cluster shows operations are evolving on many levels, including efforts of hiding botnet scale and mining profits.This is indicative of attacks growing in size.
TeamTNT Docker Image Compromise: The Lacework Labs team discovered threat actor TeamTNT backdooring legitimate Docker Images in a supply chain-like attack. Networks running the trusted image were unknowingly infected.
Developer teams need to be certain they know what's in the image they pull. They need to validate the source or they could open a door to their environment.
Popular cloud relevant crimeware and actors:
Cpuminer, the open-source multi-algorithm miner, has been legitimately used for years. However, Lacework Labs observed an increase in its illicit use for cryptomining altcoins.
Monero and XMRig are the most common accounts for cryptomining against cloud resources, hence activity involving lesser-seen coins and tools may be more likely to go undetected.
Cloud services probing:                                                            
Lacework Labs captures a range of telemetry in both product deployments and custom honeypots, which allows the company to see trends relevant to cloud defense purposes. For these sources, many cloud-relevant applications are continually targeted, but Lacework found that AWS S3, SSH, Docker, SQL and Redis were by far the most targeted.
Based on the findings of this report, Lacework Labs recommends that defenders:

Ensure Docker sockets are not publicly exposed and appropriate firewall rules/ security groups and other network controls are in place. This will help to prevent unauthorized access to network services running in an organization.
Ensure the access policies you set via the console on S3 buckets are not being overridden by an automation tool. Frequent auditing of S3 policies and automation around S3 bucket creation can ensure data stays private.

About Lacework
Lacework is the data-driven security platform for the cloud. The Lacework Cloud Security Platform, powered by Polygraph, automates cloud security at scale so our customers can innovate with speed and safety. Polygraph is the only security solution that can collect, analyze, and accurately correlate data across an organization's AWS, Azure, GCP, and Kubernetes environments, and narrow it down to the handful of security events that matter. Customers all over the globe depend on Lacework to drive revenue, bring products to market faster and safer and consolidate point security solutions into a single platform. Founded in 2015 and headquartered in San Jose, Calif., with offices all over the world, Lacework is backed by leading investors like Sutter Hill Ventures, Altimeter Capital, Liberty Global Ventures, and Snowflake Ventures, among others.

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ENTERPRISE SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

Cyber Security & Cloud North America – New Line-Up Speakers Announced

TechEx Events Ltd | April 17, 2023

The Cyber Security & Cloud Congress North America (17-18th May) has announced exciting new additions to its line-up of speakers and panellists for the upcoming two-day event in Santa Clara. The event will take place on May 17th and 18th, 2023, and will feature a diverse range of tech industry experts, including CIOs, CTOs, Cyber Security, Cloud Architects, and other key players in the field. Attendees will have a great opportunity to hear from the most talented speakers including: Prasanna P., Digital Transformation Leader – Enterprise Architecture & Enterprise Strategy Leader – Molina Healthcare Shea Lovan, Chief Security Officer – UC Santa Barbara Sachin Vaidya, EVP Chief Information Officer of Heritage – Bank of Commerce Kishore Viswanathan, Senior Technical Program Manager, Cybersecurity and Compliance – Lucid Motors Sameh Emam, Division Risk Manager – Union Bank Kavitha Venkataswamy, Director – Digital Product Security – Capital One Richard Paz, CISM, Cyber Security Engineer – NASA Jet Propulsion Laboratory & many more! In addition to these keynote speakers, the event will also feature several panel discussions covering a wide range of topics, including Zero Trust, Threat Detection & Response, Training, Talent & Culture, Identity & Access Management, Application Security, Data Security and more. Attendees will have the opportunity to network with other industry professionals and gain valuable insights into the latest trends and technologies shaping the cybersecurity and cloud technology landscape. The Cyber & Cloud Congress North America promises to be a knowledge-packed, innovative, and engaging event for all those interested in Cyber Security and Cloud technology, but also the newest technology solutions, products and services that will be showcased during the event. “We are thrilled to have such an outstanding group of speakers joining us for the Cyber & Cloud Expo,” said Lia Richards, Head of Conference. “With their diverse backgrounds and extensive experience, they will bring a wealth of knowledge and insights to our attendees. We look forward to hearing their perspectives on the most pressing issues facing the industry today”. WHAT ELSE TO EXPECT? Over the course of two days at Cyber Security & Cloud Congress North America attendees will have a great number of opportunities to visit exhibition stalls and connect with the representatives of some of the world’s biggest brands including IBM, IDC, Bosh, AWS, Zoho and many more, all implementing the latest in Cyber Security & Cloud technologies within their sectors. Paying attendees will also have a chance to join the networking party event following Day 1 of the conference, where all will be able to connect and network in a more relaxed setting, with free food and drinks provided. This opportunity is open for Gold and Ultimate Pass Holders, Speakers, Press, Sponsors, and Exhibitors. Find out more information here: https://www.cybersecuritycloudexpo.com/northamerica/networking-party/ Early-bird registration offering 25% discount of the full ticket price is open until 17th April, and interested attendees are encouraged to secure their tickets before the offer ends to avoid missing out on this exciting opportunity. Follow this link to discover ticket types and prices: https://www.cybersecuritycloudexpo.com/northamerica/ticket-types-and-prices/. About TechEx Events Ltd The TechEx Event portfolio is an international conference and tech showcasing cutting-edge tech innovation in enterprise. Featuring real-life use cases and in-depth industry insights, the event series delves into the AI, Big Data, Blockchain, Cyber Security, 5G, IoT and Edge Computing ecosystems. Running for over six years, our co-located events strengths lie within our expert community. We bring the heroes responsible for pushing game changing tech and strategy together, to craft relationships and creative solutions. We are the place where networking never stops – The one-stop-shop for enterprise innovators.

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Cisco Security Cloud is the one solution to help you be resilient across your network, users, clouds and apps. You'll be able to see across the multicloud environments, anticipate what’s next, take the right action, close security gaps, and more.

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