To increase the effectiveness of security information and event management tools, while lowering the rate of false positives, organizations need to bring in more context about user behavior, says Derek Lin of Exabeam.
Leading the latest edition of the ISMG Security Report: A preview of next week's Fraud and Breach Summit in Chicago, which will feature keynoter Brett Johnson, a former cybercriminal who now advises organizations on fighting crime.
Just one click: That's all it takes for a victim to inadvertently grant attackers access to their email account via a third-party application. Here's how to spot signs of OAuth-related hacking and how to defend against it.
Recent failures of IT systems at some major airports and banks are a reminder that as an organization launches a digital transformation project, or seeks to move more of its processes to the cloud, those efforts won't necessarily proceed smoothly or securely, says Skybox Security's Justin Coker.
For attackers, "credential stuffing" - using stolen usernames and passwords to log into any site for which a user reused their credentials - is the gift that keeps on giving, says security researcher Troy Hunt. Here's how organizations can mitigate the threat.
Government regulation is key to minimizing the misuse of cryptocurrencies for cybercrime, says Brett Johnson, a former cybercriminal who now consults on crime prevention. But regulating cryptocurrencies is no easy task, he acknowledges. Johnson will keynote ISMG's Fraud and Breach Prevention Summit in Chicago.
Human resources software developer PageUp says it doesn't appear that personal data exposed in a malware attack was actually removed from its systems. But it has also found authentication error logs that recorded incorrect login attempts from before 2007.
As organizations detect more breaches, incident responders are increasingly overloaded, says Darktrace's Dave Palmer, who recommends organizations adopt strategies for "surgically interrupting the bad" while maintaining normal business processes and productivity.
Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.
Incident response challenge: How to deliver actionable information to security analysts to enable them to better triage? "The quicker you can detect and respond to an incident, the more you're likely to be able to contain and minimize the risk associate with it," says IBM's Mike Spradbery.
Running a security operations center today remains a "challenging operation," not only when it comes to the required technology, but also people and processes, says Cyberproof's Adrian Bisaz, who describes how SOCs must evolve.
There's data breach good news and bad news for organizations in Europe, the Middle East and Africa, says Mike Trevett of FireEye's Mandiant. In general, attackers are dwelling in networks for less time before being discovered, except for some particularly long-lasting breaches in EMEA.
Cybersecurity insurers, faced with growing demand, are looking for new ways to better measure their risks, says Aleksandr Yampolskiy, CEO of SecurityScorecard. So some are moving toward more carefully scrutinizing the cybersecurity postures of their potential clients.
The explosion in the growth and diversity of devices linked to networks as a result of the internet of things and BYOD makes it more challenging to manage network security, says Wallace Sann of ForeScout.
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