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Submitted URL: https://threatpost.com/latest-insights-ransomware-threats/178391/#comments'
Effective URL: https://threatpost.com/latest-insights-ransomware-threats/178391/
Submission: On March 09 via api from US — Scanned from DE
Effective URL: https://threatpost.com/latest-insights-ransomware-threats/178391/
Submission: On March 09 via api from US — Scanned from DE
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Text Content
Newsletter SUBSCRIBE TO OUR THREATPOST TODAY NEWSLETTER Join thousands of people who receive the latest breaking cybersecurity news every day. The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter. * Your name * Your e-mail address* * * * * I agree to my personal data being stored and used to receive the newsletter * * * I agree to accept information and occasional commercial offers from Threatpost partners * Phone This field is for validation purposes and should be left unchanged. Δ The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter. Threatpost * Podcasts * Malware * Vulnerabilities * InfoSec Insiders * Webinars * * * * * * * Search * White House Denies Mulling Massive Cyberattacks Against RussiaPrevious article * Microsoft Exchange Bugs Exploited by ‘Cuba’ Ransomware GangNext article InfoSec Insider 6 CYBER-DEFENSE STEPS TO TAKE NOW TO PROTECT YOUR COMPANY InfoSec Insider Daniel Spicer February 25, 2022 1:49 pm 4 minute read Write a comment Share this article: * * Ransomware is getting worse, but Daniel Spicer, chief security officer at Ivanti, offers a checklist for choosing defense solutions to meet the challenge. The headlines feel like Groundhog Day, if each of Bill Murray’s repeated days grew increasingly threatening: Ransomware attacks rise again. Ransomware attacks up over last quarter. Ransomware attacks tower over previous year. You get the idea. And yet again, a new report from Ivanti sends a clear warning: It’s still getting worse. The Ransomware Spotlight Year-End Report identified 32 new ransomware families in 2021, bringing the total to 157 and representing a 26 percent increase over the previous year. These ransomware families are exploiting a total of 288 vulnerabilities – a 29 percent increase over the previous year. The report was conducted in partnership between Ivanti, Cyber Security Works and Cyware, and based on proprietary data, publicly available threat databases, and threat researchers and penetration-testing teams. The report found that these ransomware groups are continuing to target unpatched vulnerabilities and weaponize zero-day vulnerabilities in record time to instigate crippling attacks. At the same time, threat actors are broadening their attack spheres and finding newer ways to compromise organizational networks and fearlessly trigger high-impact assaults. And according to Coveware, organizations pay an average of $220,298 and suffer 23 days of downtime following a ransomware attack. That’s devastating in an optimal climate, and given the scramble to shift to the digital landscape combined with unprecedented shortages of skilled IT labor, an attack could be insurmountable. IT’S TIME TO MAP YOUR CYBERSECURITY JOURNEY The good news: while ransomware threats are increasing in sophistication, so are countermeasures. There are things you can do to dramatically reduce your attack surface and proactively protect against and/or remediate threats without further exhausting your human resources. To build a comprehensive, scalable and framework-aligned cybersecurity strategy for the Everywhere Workplace, companies must go on a three-phased journey: Manage, Automate and Prioritize (MAP). Manage, the first phase, is about establishing your cybersecurity foundation. Automate is about alleviating the burden on IT. Prioritize is about getting to a state where IT has the information and ability to identify and address the top risk areas. There are six steps to a comprehensive MAP strategy, and you can get started right now: STEP 1: GET COMPLETE ASSET VISIBILITY You can’t manage and secure what you can’t find. Invest in an automated platform that enhances visibility into all connected devices and software and provides context into how those assets are being used, so your IT and security teams can make better decisions. A comprehensive discovery initiative finds all assets on a network, including both corporate-owned and BYOD devices, and then provides context around who is using what device, how and when they’re using that device, and what they have access to. This enables security teams to better keep assets protected and improve overall security posture. STEP 2: MODERNIZE DEVICE MANAGEMENT Modern device management is an essential part of increasing security in remote and hybrid work environments. A unified endpoint management (UEM) approach fully supports bring-your-own-device (BYOD) initiatives while maximizing user privacy and securing corporate data at the same time. UEM architectures usually include the ability to easily onboard and configure device and application settings at scale, establish device hygiene with risk-based patch management and mobile threat protection, monitor device posture and ensure compliance, identify and remediate issues quickly and remotely, automate software updates and OS deployments, and more. Choose a UEM solution with management capabilities for a wide range of operating systems, and one that is available both on-premises and via software-as-a-service (SaaS). STEP 3: ESTABLISH DEVICE HYGIENE Most people associate device hygiene with patch management, but it extends beyond that. Good device hygiene involves taking a proactive, multi-layered approach to ensure that only devices meeting defined security requirements are allowed to access business resources, thereby reducing the digital attack surface. Companies should look to combat device vulnerabilities (jailbroken devices, vulnerable OS versions, etc.), network vulnerabilities (man-in-the-middle attacks, malicious hotspots, unsecured Wi-Fi, etc.) and application vulnerabilities (high security risk assessment, high privacy risk assessment, suspicious app behavior, etc.). Establishing good device hygiene also includes building processes that are well-defined and repeatable so they can eventually be automated. STEP 4: SECURE YOUR USERS The only people who seem to like passwords are the threat actors who weaponize them. Credentials, like passwords, remain among the most sought-after data types in breaches – involved in 61 percent of breaches. Further, single sign-on (SSO) solutions can create a single point of failure that can be exploited by hackers to gain access to most or all enterprise apps. The ideal solution: Passwordless authentication via zero sign-on. Instead of passwords, this approach uses multifactor authentication via alternative authentication methods such as possession (what you have, like a mobile device), inherence (biometrics like fingerprints, Face ID, etc.) and context (location, time of day, etc.). STEP 5: PROVIDE SECURE ACCESS The network perimeters that worked when your team was in-office no longer suffice in the Everywhere Workplace. Today’s networks should be built on the principles of the software-defined perimeter (SDP). It’s designed to leverage proven, standards-based components that help ensure SDP can be integrated with your existing security systems. SDP still requires a layer of security to maximize benefits, which is where zero-trust network access (ZTNA) comes into play. STEP 6: CONTINUOUSLY MONITOR & MAKE IMPROVEMENTS Most assessments of security posture are made after an attack, and are specific to the attack vector. This reactive approach, combined with too many empty seats in IT roles, is a substantial problem. To stay in compliance and mitigate threats, it’s imperative to get a handle government, risk and compliance (GRC) management. Look for a solution with quick and easy regulatory documentation imports to map citations with security and compliance controls, and seek to replace manual tasks with automated repetitive-governance activities. There’s a lot of information here – and the idea of tackling six steps can feel overwhelming. Then again, the threats are overwhelming, too. It’s essential to take partners and leverage solutions to support your cybersecurity journey. The right solutions will be comprehensive and integrated to ease the burden on your IT staff, and will also preserve a productive, intuitive user experience that maintains integrity no matter where, when or how your employees work. Daniel Spicer is Chief Security Officer at Ivanti. Enjoy additional insights from Threatpost’s Infosec Insiders community by visiting our microsite. Write a comment Share this article: * InfoSec Insider * Malware SUGGESTED ARTICLES THE UNCERTAIN FUTURE OF IT AUTOMATION While IT automation is growing, big challenges remain. Chris Hass, director of information security and research at Automox, discusses how the future looks. March 8, 2022 NVIDIA’S STOLEN CODE-SIGNING CERTS USED TO SIGN MALWARE NVIDIA certificates are being used to sign malware, enabling malicious programs to pose as legitimate and slide past security safeguards on Windows machines. March 7, 2022 MASSIVE MERIS BOTNET EMBEDS RANSOMWARE NOTES FROM REVIL Notes threatening to tank targeted companies’ stock price were embedded into the DDoS ransomware attacks as a string_of_text directed to CEOs and webops_geeks in the URL. March 4, 2022 DISCUSSION * Satya Kancharla on February 28, 2022 good article. Very informative. Keep it up Reply LEAVE A COMMENT CANCEL REPLY Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. INFOSEC INSIDER * THE UNCERTAIN FUTURE OF IT AUTOMATION March 8, 2022 * 6 CYBER-DEFENSE STEPS TO TAKE NOW TO PROTECT YOUR COMPANY February 25, 2022 1 * THE HARSH TRUTHS OF CYBERSECURITY IN 2022, PART II February 24, 2022 2 * 3 TIPS FOR FACING THE HARSH TRUTHS OF CYBERSECURITY IN 2022, PART I February 9, 2022 * ‘LONG LIVE LOG4SHELL’: CVE-2021-44228 NOT DEAD YET February 4, 2022 Newsletter SUBSCRIBE TO THREATPOST TODAY Join thousands of people who receive the latest breaking cybersecurity news every day. 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