Security News

While there was no way to fully anticipate the impact to our organizations and be prepared from day-one with a detailed plan, there is a lot we can learn to strengthen our resilience to emerging threats. Phil now leads the group's Cybersecurity Services business which includes Managed Security Services, Security Consulting and Professional Services, and Integrated Security Services.

LogRhythm announced the launch of version 7.5 of the LogRhythm NextGen SIEM Platform, as well as the inaugural release of its Open Collector technology. LogRhythm 7.5 provides enhanced analyst workflow experiences and visibility, while Open Collector simplifies the process of onboarding cloud data sources for more holistic monitoring.

BitDam announced the availability of its Advanced Threat Protection in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. "We're so pleased to be available in the Microsoft Azure Marketplace to enable end users to open their email with peace of mind."

In a new report released on Wednesday, enterprise security provider Balbix looks at the top threats cited in a survey of security professionals. For many organizations, limited visibility into their security holes and an inability to prioritize security issues are creating greater risk.

McAfee Labs saw an average of 375 new threats per minute and a surge of cybercriminals exploiting the pandemic through COVID-19-themed malicious apps, phishing campaigns, malware, and more during the first quarter of 2020, the cybersecurity company is reporting. Disclosed incidents targeting the public sector, individuals, education and manufacturing increased; nearly 47% of all publicly disclosed security incidents took place in the United States, according to the McAfee COVID-19 Threat Report: July 2020.

A Chinese threat actor was observed earlier this month targeting victims in India and Hong Kong with a new variant of the MgBot malware, Malwarebytes reports. The next day, the template would drop the MgBot loader, and Malwarebytes' security researchers observed it leveraging the Application Management service in Windows for the execution and injection of the final payload. Several days later, the same payload was being delivered via an archive containing a document featuring a statement that British Prime Minister Boris Johnson made about Hong Kong.

BMC announced new capabilities for the BMC AMI Security solution to automatically protect, detect, and respond to threats on the mainframe. BMC AMI Security shares mainframe security events with enterprise security information and event management systems in real-time, providing actionable insights for incident responders.

A report released Thursday by security service Exabeam contends that cyberthreats and financial risks have increased as the pandemic spread during the first half of 2020. For "The Exabeam 2020 State of the SOC Report," Exabeam commissioned Censuswide to survey more than 1,000 IT security professionals at small and midsized companies in the US and UK. Among all the respondents, 80% said they experienced "Slightly to considerably more" cyberattack attempts in the first half of the year, breaking down to 88% in the US and 74% in the UK. A third of those surveyed were hit by a successful cyberattack during this period, triggering network downtime for 38% in the US and 40% in the UK. The pandemic has taken a financial toll as well, affecting security budgets and employees.

A well-known private hacking forum has recently become more inclusive, introducing a new platform to help newbie threat actors flourish and hone their expertise, research has found. "Historically, the only times we have seen exclusive forums lower the parameters for entry are when they have allowed members willing to pay a set fee in order to bypass the application process. The payment enabled the forum to gain more members but was also financially beneficial to the forum. In CryptBB's case, they are using a dedicated subforum to share knowledge and help others for free. They might be doing this for site-traffic metrics, but the intent behind the scheme seems innocent enough and the forum likely feels it is a way to give back and help others to increase their skills/knowledge."

A growing number of countries are recognizing the threat to data privacy from using mobile technology from the Chinese giant Huawei, and are likely to shun the company when building out their 5G networks, the top US security advisor said Wednesday. "Each country is going to make their decisions for their own country, but I think there's a growing recognition everywhere that Huawei is a problem," National Security Advisor Robert O'Brien told journalists in Paris.