Tag Archive for: Combating

Lessons From Clop: Combating Ransomware and Cyber Extortion Events


Lessons from Clop

It’s been one month since the Clop ransomware group began exploiting the MOVEit vulnerability (CVE-2023-34362 (VulnDB ID: 322555) to claim nearly 100 victims across the globe, many of which have come public. This attack comes on the heels of Clop leveraging the GoAnywhere MFT vulnerability (CVE-2023-0669), which led them to claim they’d illegally obtained information for more than 100 companies.

When a ransomware or cyber extortion event occurs, security teams are racing against the clock:

  • What do we know about the cybercriminal group that’s claiming responsibility for an attack or double extortion?
  • Is our organization affected? If so, what is the extent of the breach and its impact on our systems, networks, people, and data?
  • How do we respond to and mitigate the situation?
Flashpoint Ignite’s finished intelligence is readily available to all teams to help mitigate risk across the entire organization.

These questions are of vital importance to organizations across the public and private sectors. And the recent Clop attacks—which affected organizations across the globe in nearly every vertical—are yet another example of why it’s vital to have proactive defense measures in place.

Targeting upstream data providers

First, it’s vital to have a deep understanding of the adversary, such as a RaaS (ransomware-as-a-service) group like Clop. Here are five ways that ransomware groups like Clop attack targets, as well as the threat vectors they seen to exploit:

  1. Supply chain attacks. As illustrated through MOVEit, Clop often targets upstream software vendors or service providers so that it can cast a wide net. A number of the known Clop victims are companies who were attacked via a third-party vendor. Attackers like Clop may exploit vulnerabilities in the communication or data exchange between these companies, or compromise the software or hardware components supplied by third-party providers to inject malicious code or backdoors.
  2. Cloud Service Providers (CSP). If a cloud service provider experiences a security breach, it can potentially impact third parties that utilize their cloud services in several ways. Clop successfully breached a cloud service…

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Cyprus: combating internet fraud in a digital era


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Are Cloud Computing Services Combating Challenges of Data Security, Compliance and Flexibility?


Cloud computing has become ubiquitous over the last ten years. Often, we barely even notice that we are using it to instantly move data and applications back and forth through the web. Like many workplaces, laboratories are increasingly looking to take advantage of cloud computing as a way to save time and resources, and as a cost-effective option to implement enterprise laboratory solutions.

By integrating cloud computing into all aspects of the scientific workflow, laboratories can harness the increased data security and improved performance delivered by the cloud. Cloud services enable laboratories to remotely access data, permitting scientists to view and process data sets outside the laboratory. A major benefit of cloud computing is that resources can be scaled-up or down, easily and quickly, meaning it can be applied to the small single-site laboratories with minimal or no IT support to multi-site, multi-lab global corporations.

But, how do laboratories integrate cloud systems into their pre-existing systems? Here, we discuss the challenges and benefits of operating in the cloud, focusing on how this model ensures data security and compliance, creating a flexible and scalable resource for all laboratories.

A nebular network of the Internet of Things (IoT)

Cloud computing is the delivery of on-demand computing resources over the Internet. Applications and data are hosted on centralized virtual servers in a cloud data center and accessed via an Internet connection. Usually, both the hardware and software required are delivered as small monthly payments, and only paying for what is used. Different pricing models allow you to make savings over on-demand services, and it is possible to commit to an amount of compute over one or three years and pay a portion of the costs or all the costs upfront maximizing savings.

Cloud computing has moved far beyond uploading photos and documents into storage systems and is more about connecting everyday objects into IoT. Smart fridges, analytical machines, thermostats and HVAC (heating, ventilation and air conditioning) systems; all are examples of instruments that are connected to the Internet for remote control and monitoring from personal…

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Combating cybercrime has never been more important – BIC Magazine



Combating cybercrime has never been more important  BIC Magazine

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