As cloud computing services evolve, the cloud opens up entirely new ways for potential attacks. In February 2017, Tavis Ormandy of the Google Project Zero team exposed major memory leakage in Cloudflare’s Content Delivery Network (CDN) web caching services. It exposed all sorts of sensitive data, including passwords, authentication tokens and cookies. Although this is just one example of a cloud-oriented service with a major security issue (which, for the record, the company responded to immediately and remediated quickly), it demonstrates that all of us may have more exposure points than we realise.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.