Category: News

Rapidly growing employee identities, third-party partners, and machine nodes have companies scrambling to secure credential information, software secrets, and cloud identities, according to researchers.

In a survey of IT and identity professionals released Wednesday from Dimensional Research, almost every organization — 98% — experiences rapid growth in the number of identities that have to be managed, with that growth driven by expanding cloud usage, more third-party partners, and machine identities. Furthermore, businesses are also seeing an increase in breaches because of this, with 84% of firms suffering an identity-related breach in the past 12 months, compared with 79% in a previous study covering two years.

Source: https://www.darkreading.com/operations/identity-related-breaches-last-12-months

Europol on Tuesday announced the dismantling of an organized crime group that dabbled in phishing, fraud, scams, and money laundering activities.

The cross-border operation, which involved law enforcement authorities from Belgium and the Netherlands, saw the arrests of nine individuals in the Dutch nation.

The suspects are men between the ages of 25 and 36 from Amsterdam, Almere, Rotterdam, and Spijkenisse and a 25-year-old woman from Deventer, according to a statement from the National Police Force.

Source: https://thehackernews.com/2022/06/europol-busts-phishing-gang-responsible.html

The Cybersecurity and Infrastructure Security Agency is developing a guide to help agencies overcome the challenges of managing cyber supply chain risks.   

According to Brian Paap, Cyber Engineering Consultant at CISA, the agency has been working on how to approach Cyber Supply Chain Risk Management (CSCRIM) over the past two years.

CISA recently ran a pilot designed to figure out all of the measures required to stand up and sustain a CSCRIM program within federal departments and agencies.  

Paap noted CISA has recently developed the Overview and Guidelines document, which combines learnings from NIST 161 and elements of NIST 853, Rev 5 and several other resources.   

Source: https://governmentciomedia.com/cisa-developing-guidelines-managing-cyber-supply-chain-risks

The Ukrainian Computer Emergency Response Team (CERT) is warning that Russian hacking groups are exploiting the Follina code execution vulnerability in new phishing campaigns to install the CredoMap malware and Cobalt Strike beacons.

The APT28 hacking group is believed to be sending emails containing a malicious document name “Nuclear Terrorism A Very Real Threat.rtf.”. The threat actors selected the topic of this email to entice recipients to open it, exploiting the fear that’s spread among Ukrainians about a potential nuclear attack.

Threat actors also used a similar tactic in May 2022, when CERT-UA identified the dissemination of malicious documents warning about a chemical attack.

Source: https://www.bleepingcomputer.com/news/security/russian-govt-hackers-hit-ukraine-with-cobalt-strike-credomap-malware/

Cyber insurance can help offset costs of some common cyber risks, like data breaches or ransomware. But cyber risks are growing, and cyberattacks targeting critical infrastructure—like utilities or financial services—could affect entire systems and result in catastrophic financial loss.

Insurers and the government’s terrorism risk insurance may not be able to cover such losses. For example, the government’s insurance may only cover cyberattacks if they can be considered “terrorism” under its defined criteria.

Source: https://www.gao.gov/products/gao-22-104256

 REA is pleased to announce it has been assigned patent number, 11,374,961, with an effective issuance date of June 28, 2022 for its Software Assurance Guardian (SAG™) METHODS FOR VERIFICATION OF SOFTWARE OBJECT AUTHENTICITY AND INTEGRITY for software products and the software supply chain (C-SCRM). REA was motivated to develop this patented technology to assess risk and trust in a software supply chain starting in November, 2018 after the Federal Energy Regulatory Commission (FERC) issued Order 850, “Supply Chain Risk Management Reliability Standards” [18CFR40] to protect the bulk electric grid from software supply chain risks.

Read More