Latest

Cloud Access Security Brokers (CASB)

Cato Networks Raises $238M on $3B Valuation to Move Upmarket

Michael Novinson  •  September 22, 2023

A late-stage SASE startup led by a serial entrepreneur hauled in a massive equity investment to address the feature and capability needs of large enterprises. The $238 million in funding will allow Cato Networks to more tightly align CASB and DLP with SASE to safeguard cloud apps and sensitive data.

►

Leadership & Executive Communication

Google CISO Phil Venables on Building Strong CIO-CISO Bonds

Michael Novinson  •  September 22, 2023

Increased engagement from boards on digital transformation initiatives around cloud and AI adoption has spurred greater investment in cybersecurity, said Google Cloud CISO Phil Venables. Systems built and designed decades ago have become increasingly difficult to secure, he said.

Cyberwarfare / Nation-State Attacks

Chinese, North Korean Nation-State Groups Target Health Data

Marianne Kolbasuk McGee  •  September 22, 2023

Chinese and North Korean nation-state groups continue to pose significant "unique threats" to the U.S. healthcare and public health sector, including data exfiltration attacks involving espionage and intellectual property theft, federal authorities warned Thursday in a brief naming the top groups.

Cybercrime

Nation-State Actors Unleash Stealthy, LuaJIT-Based Malware

Jayant Chakravarti  •  September 22, 2023

SentinelOne observed suspected cyberespionage actors of unknown origin using modular backdoors and highly stealthy tactics in August to target telecommunication companies in the Middle East, Western Europe and South Asia. The group, tracked as Sandman, is using the novel backdoor LuaJIT.

Fraud Management & Cybercrime

Feds Warn About Snatch Ransomware

Prajeet Nair  •  September 21, 2023

The Snatch ransomware group is targeting a wide range of critical infrastructure sectors, including the defense industrial base, food and agriculture, and information technology sectors, according to a new alert issued by U.S. authorities. The group operates on a ransomware-as-a-service model.

Fraud Management & Cybercrime

Ohio Community College Data Theft Breach Affects Nearly 300K

Marianne Kolbasuk McGee  •  September 21, 2023

An Ohio community college is notifying 290,000 people of a data theft breach this spring that may have compromised their personal and health information. Security researchers say small schools such as this are now favored targets. Some 80% of schools have reported hacking incidents in the past year.

Cybercrime

Dutch Police Warns Users of Credentials Leak Site

Akshaya Asokan  •  September 21, 2023

Hundreds of Dutch patrons of a now-defunct credential marketplace received warnings from national police in an attempt to prevent potential crimes using illicitly obtained personal identifiable information. Dutch national police Politie said it had contacted 400 "possible customers" of WeLeakInfo.

Blockchain & Cryptocurrency

Cryptohack Roundup: Private Key Compromise Led to CoinEx Hit

Mihir Bagwe  •  September 21, 2023

This week, hackers stole $70 million from CoinEx, FTX resumed online claims, Balancer suffered a breach, Celsius creditors are targets of phishing, nearly $900,000 was stolen from Mark Cuban's hot wallet, Malta prepares for crypto regulation and Hong Kong cracked down on illicit crypto exchanges.

Open XDR

Forecasts of SIEM Death Premature - Just Ask Cisco, Splunk

Michael Novinson  •  September 21, 2023

It turns out SIEM isn't on life support after all. Cisco is providing 28 billion reasons to believe enterprises aren't scrapping the security operations center staple anytime soon, even though rivals with other types of security technology have attempted to write SIEM's obituary for years.

Cyberwarfare / Nation-State Attacks

Canada Confirms DDoS Attack Disrupted Airport Arrival Kiosks

Mathew J. Schwartz  •  September 21, 2023

A recent, brief disruption at Canadian airports is a reminder that Russia-aligned hacking groups' bark remains worse than their bite. Experts say these groups' impact largely remains minimal, which begs the question of how they disrupted arrival kiosks across Canadian airports.

Encryption & Key Management

UK Parliament Approves Online Safety Bill

Akshaya Asokan  •  September 20, 2023

A day after the British Parliament approved a bill intended to eradicate child abuse content, cabinet officials called on social media giant Meta to halt a rollout of end-to-end encryption. Meta hasn't provided assurances that it will safeguard users, charged Home Secretary Suella Braverman.

Network Detection & Response

WatchGuard Buys CyGlass to Bring NDR to Midmarket Customers

Michael Novinson  •  September 20, 2023

WatchGuard purchased a Massachusetts company to extend network detection and response capabilities traditionally reserved for high-end enterprises to the midmarket through MSPs. The deal gives WatchGuard clients more visibility into east-west network traffic and activity taking place on the cloud.