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Ransomware, Breach, AI/ML


AI AND RANSOMWARE DOMINATE THE NEWS CYCLES – ESW #341

November 30, 2023


Nine out of the ten funding articles mention AI - they're either using it in
their products, or protecting AI use cases (particularly GenAI and LLM use).

We discuss Broadcom's closing of the VMware acquisition, how they operate
similarly to private equity firms, and how it's mostly bad news for VMware
employees and customers.

Some weird legal cases this week: Binance's founder and CEO pleads guilty to
money laundering charges, a cybersecurity company's COO pleads guilty to
attacking hospitals to generate sales leads, and Hacking Team's founder is
arrested for attempted murder!

We devote a chunk of time to discussing the huge rise in ransomware activity,
and close out the show with a squirrel story on the tiny Pacific island nation
of Tokelau, and how the .tk domain has destroyed its reputation, and nearly the
nation itself.



Full episode and show notes

ANNOUNCEMENTS

 * You can now find us on Instagram! Follow us for highlight reels, giveaway
   announcements, and more at SecWeekly.

HOSTS

Adrian Sanabria
Director of Product Marketing at Valence Security
@sawaba
https://valencesecurity.com
 1.  1. FUNDING: Edgio, Inc. Announces New Capital Infusion to Drive Growth
     Strategies
 2.  2. FUNDING: Cyble Raises $6.2M; Expands Series B To $30.2M
 3.  3. FUNDING: HarfangLab raises 25 million euros
 4.  4. FUNDING: Automated data governance and security startup ALTR raises $25M
     – SiliconANGLE
 5.  5. FUNDING: Radiant Security Secures $15 Million to Meet Growing Demand for
     AI-Enhanced Security
 6.  6. FUNDING: AppMap Raises $10M in Funding
 7.  7. FUNDING: Announcing Our $7.7M Funding Round to Protect Businesses from
     Cyber Threats
 8.  8. FUNDING: Lasso Security emerges from stealth and raises $6 million –
     Help Net Security
 9.  9. FUNDING: Paris-based Qevlar AI raises €4.5 million to help businesses
     outsmart the latest cyber threats
 10. 10. FUNDING: SGNL.ai Secures Strategic Investment from Cisco Investments
     and Others to Expand Its Continuous Access Management Capabilities
 11. 11. ACQUISITIONS: Broadcom Completes Acquisition of VMware
     
     The original announcement was a year ago - deals this large take time to
     close.

 12. 12. ACQUISITIONS: BlueVoyant Acquires Conquest Cyber
     
     https://www.bluevoyant.com/press-releases/bluevoyant-acquires-conquest-cyber

 13. 13. ACQUISITIONS: SonicWall Acquires Managed Detection and Response
     Services Tailor-Made for MSPs/MSSPs
 14. 14. NEW COMPANIES: RootA
     
     Not sure if these folks are actually new, but it's certainly the first I've
     heard of them, or this: "Open-Source Language for Collective Cyber
     Defense". Looks very interesting, but also a bit like that "now there are
     15 standards" XKCD comic.

 15. 15. NEW PRODUCTS: Generative AI Powered Assistant – Amazon Q Pricing – AWS
     
     Amazon is moving fast here, with Bedrock already widely in use, reportedly.
     This is a more tailored, specific AI-based offering.

 16. 16. NEW TOOLS: AWS Kill Switch
 17. 17. NEW TOOLS: Coming Soon: MDN Observatory 2.0
 18. 18. NEW TOOLS: PenTesting Report Generation and Collaboration Engine –
     FACTION
 19. 19. NEW FEATURES: Notion’s new Q&A feature lets you ask an AI about your
     notes
 20. 20. LEGAL: Binance chief Changpeng Zhao pleads guilty to money laundering
     charges
 21. 21. LEGAL: Ex-infosec COO pleads guilty to nightmarish sales strategy
     
     An Atlanta tech company's former COO has pleaded guilty to a 2018 incident
     in which he deliberately launched online attacks on two hospitals, later
     citing the incidents in sales pitches.

 22. 22. LEGAL: Founder of spyware maker Hacking Team arrested for attempted
     murder: local media
     
     https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2023/11/29/founder-of-spyware-maker-hacking-team-arrested-for-attempted-murder-local-media/amp/

 23. 23. ATTACKS: Commercial Flights Are Experiencing ‘Unthinkable’ GPS Attacks
     and Nobody Knows What to Do
 24. 24. BREACHES: General Electric, DARPA Hack Claims Raise National Security
     Concerns
     
     https://www.darkreading.com/cyberattacks-data-breaches/general-electric-darpa-hack-claims-raise-national-security-concerns

 25. 25. RANSOMWARE: Ransomware on the Rise — Again
 26. 26. RANSOMWARE: Is ransomware-hit British Library too open …or not enough?
     
     https://www.theregister.com/2023/11/27/britishlibraryopinion_column/

 27. 27. RANSOMWARE: Matt Johansen on Instagram: “Ransomware gang takes out
     major real estate financial company.
     
     https://www.instagram.com/reel/C0KmfErvv_D/?igshid=OTU1ODAwZWUxYg==

 28. 28. RANSOMWARE: Cyberattack on US hospital owner diverts ambulances from
     emergency rooms in multiple states
 29. 29. ESSAYS: Data Anonymization in AI: A Path Towards Ethical Machine
     Learning
 30. 30. ESSAYS: CrowdStrike CEO: Point Product Vendors Are Being Left Behind
 31. 31. ESSAYS: The Cyber Why – The Next Era of Cyber Security Capabilities
 32. 32. REPORTS: Logs missing in 42% cyberattacks; small business most
     vulnerable: Report
 33. 33. SQUIRREL: How a tiny Pacific Island became the global capital of
     cybercrime

Katie Teitler-Santullo
Senior Security Strategist at Axonius

Tyler Shields
Fractional CMO, Cyber Angel Investor and Advisor at 90 Degree Ventures
https://www.90degree.vc/


RELATED

Vulnerability Management

SURPRISE CAM NUDES, STAPLES, TURTLE, APPLE, 23ANDME, P2PINFECT, GMAIL, JASON
WOODS – SWN #346

December 5, 2023

Surprise Cam Nudes, Staples, Turtle, Apple, 23andme, P2Pinfect, Sellafield,
Gmail, Jason Wood, and more on this edition of the Security Weekly News.
Application security

EXTRACTING DATA FROM CHATGPT, VULNS AROUND AI, SECURE AI GUIDANCE, LOGOFAIL,
BLUFFS – ASW #265

December 4, 2023

Repetition extracts data from ChatGPT, more vulns in the software that surrounds
AI, guidelines for secure AI, LogoFAIL trips a boot, BLUFFS attack on Bluetooth,
CISA's first secure by design alert, Okta's updated breach disclosure, and more!
Vulnerability Management

CYBERTRUCK, OKTA, GOOGLE, BLACK BASTA, ZOOM, UNITRONICS, AARAN LEYLAND, AND MORE
– SWN #345

December 1, 2023

Cybertruck, Okta, Google and More Google, Black Basta, Zoom, Unitronics, Aaran
Leyland, and More News on the Security Weekly News.


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