3 Overlooked Cybersecurity Breaches

source: thehackernews.com  |  image: pexels.com

 

Here are three of the worst breaches, attacker tactics and techniques of 2022, and the security controls that can provide effective, enterprise security protection for them.

#1: 2 RaaS Attacks in 13 Months

Ransomware as a service is a type of attack in which the ransomware software and infrastructure are leased out to the attackers. These ransomware services can be purchased on the dark web from other threat actors and ransomware gangs. Common purchasing plans include buying the entire tool, using the existing infrastructure while paying per infection, or letting other attackers perform the service while sharing revenue with them.

In this attack, the threat actor consists of one of the most prevalent ransomware groups, specializing in access via third parties, while the targeted company is a medium-sized retailer with dozens of sites in the United States.

The threat actors used ransomware as a service to breach the victim’s network. They were able to exploit third-party credentials to gain initial access, progress laterally, and ransom the company, all within mere minutes.

The swiftness of this attack was unusual. In most RaaS cases, attackers usually stay in the networks for weeks and months before demanding ransom. What is particularly interesting about this attack is that the company was ransomed in minutes, with no need for discovery or weeks of lateral movement.

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T-Mobile Breached Again,

This Time Exposing 37M Customers’ Data

source: darkreading.com  |  image: pexels.com

This time around, weak API security allowed a threat actor to access account information, the mobile phone giant reported.

T-Mobile has disclosed a new, enormous breach that occurred in November, which was the result of the compromise of a single application programming interface (API). The result? The exposure of the personal data of more than 37 million prepaid and postpaid customer accounts.

For those keeping track, this latest disclosure marks the second sprawling T-Mobile data breach in two years and more than a half-dozen in the past five years.

And they’ve been expensive.

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Microsoft Warns of Uptick in Hackers Leveraging Publicly-Disclosed 0-Day Vulnerabilities

source: thehackernews.com  |  image: pexels.com

 

Microsoft is warning of an uptick among nation-state and criminal actors increasingly leveraging publicly-disclosed zero-day vulnerabilities for breaching target environments.

The tech giant, in its 114-page Digital Defense Report, said it has “observed a reduction in the time between the announcement of a vulnerability and the commoditization of that vulnerability,” making it imperative that organizations patch such exploits in a timely manner.

This also corroborates with an April 2022 advisory from the U.S. Cybersecurity and Infrastructure Security Agency (CISA), which found that bad actors are “aggressively” targeting newly disclosed software bugs against broad targets globally.

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Uber investigating wide-reaching security breach

 

Uber is currently responding to what could be one of the worst breaches in the company’s history — all because of a few text messages.

Why it matters: The hacker who has claimed responsibility for the ongoing Uber breach is believed to have access to the company’s source code, email and other internal systems — leaving employee, contractor and customer data at risk.

• The breach also comes as Uber’s former security chief stands trial for charges related to his handling of a 2016 data breach affecting 57 million Uber riders and drivers.

Details: A hacker first gained access to Uber’s systems on Thursday after sending a text message to an employee claiming to be an IT person and asking for their login credentials, according to the New York Times, which first reported the breach.

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TryHackMe: The Story Behind

the UK’s Most Innovative

Cyber SME

source: infosecurity-magazine.com  |  image: pixabay.com

One of the many highlights of this year’s Infosecurity Europe 2022 event (21-23 June 2022) was the annual UK’s Most Innovative Cyber SME competition. The contest, run by the Department for Digital, Culture, Media & Sport (DCMS) and Tech UK in partnership with Infosecurity Europe, showcases the startup community’s enormous contribution to the UK’s booming cybersecurity sector. This is highlighted by the impressive list of previous winners, which include cybersecurity reskilling provider CAPSLOCK (2021), white hacking training platform Hack the Box (2019), communication security firm KETS Quantum Security (2018) and email security specialist Check Recipient (now trading as Tessian) (2017).

 

In the past two competitions, the judges have awarded first prize to companies involved in creating innovative solutions to resolve the much-publicized cyber-skills shortage, and this trend continued in 2022. The newly crowned winner of this award is TryHackMe, a cybersecurity training platform launched in 2018 that focuses on providing gamified lessons to its users. Once the celebrations had concluded, Infosecurity caught up with TryHackMe co-founder Ashu Savani to learn more about the company’s story, journey and future aspirations.

 

Savani described the application process for the Most Innovative Cyber SME competition as “very reflective,” allowing the team to reaffirm its goals following a whirlwind few years. “The application process was quite fun as it solidified our mission and the work we’re doing in our mind,” he explained. “We were very excited to be accepted as it gave us recognition for the work we are doing, which is to make it as easy as possible for anyone to learn cybersecurity, whether you’re a construction worker or a school teacher.”

 

Did he expect TryHackMe to win though? “We weren’t sure we were going to win; we were just really happy that we got through to the final and got a chance to give TryHackMe more exposure,” Savani replied modestly. Win they did though, and the award represented the culmination of many years of hard work, challenges and innovative thinking.

 

The Beginnings

 

The idea for TryHackMe was born after Savani met co-founder Ben Spring during a summer internship at the consultancy Context Information Security. “It was during the internship that we realized there isn’t a lot of cybersecurity learning material,” and most of it was orientated towards people already proficient in security, which, Savani explained, “isn’t very conducive to learning security.”

 

Spring began a side-project that involved building systems on the cloud. He then suggested the idea of adding training material and notes to Savani. “That ended up being the very early prototype of TryHackMe, where you could launch training material with a touch of a button and have some sort of learning focus there,” explained Savani.

 

As the pair developed the prototype, they put the word out on platforms heavily used by the amateur hacking community like Reddit, “and people started using our products.” This was the motivation to keep developing the product, carefully incorporating user feedback. “Fast-forward four years, and we’ve been very fortunate to have a loyal user base still using us. We believe we’re positively contributing to closing the cyber skills gap and we’re excited to continue doing that work,” said Savani.

Overcoming Challenges 

 

As with all startups, there were significant challenges and bumps in the road to overcome in the early years. One of the key difficulties for TryHackMe was acquiring users beyond its base. After attempting a number of different strategies, the company found the most effective approach was holding events that allowed the participants to win prizes by competing in cybersecurity challenges. This included partnering with universities through events called ‘HackBack.’

 

The other major challenge was building out the product “sustainably,” which required hiring the right people to develop and scale the business. “It’s one of those things that’s tough to solve overnight,” reflected Savani. However, they now have “some really amazing people” on board. “We’ve been very fortunate to bring on people who love teaching and have that cybersecurity experience,” he noted, adding: “All our different pockets and departments at TryHackMe have an impact on the work we’re doing on a day-to-day basis.”

 

In terms of the training platform’s evolution, there has been a strong emphasis on gamification, which TryHackMe found most effective in engaging users. “We’re focusing on ensuring the users enjoy the material and stick to what they’re doing.”

 

Savani also revealed the company is now looking to expand its material, providing relevant training content for experienced professionals as well as beginners in the field of cybersecurity, which was previously the primary focus. This includes moving into “more intermediate to advanced topic areas for things like DevSecOps, red teaming and blue teaming.”

 

Long-Term Vision

 

Savani emphasized that while the training content is designed to be fun and engaging, it must have practical real-world benefits for the users. The ultimate vision is “to take a student with a little technical experience all the way to an advanced consultant who understands the complex concepts within defensive security.” Savani added that it is also increasingly working with businesses to train their security teams, “an area we’re looking to grow.”

 

In addition to the quality of the TryHackMe service, Savani acknowledged that the company’s core focus on reducing barriers to entry in cybersecurity was a crucial factor in being crowned Most Innovative Cyber SME at Infosecurity Europe 2022. Lack of diversity and accessible pathways are a major blockage to addressing the cyber skills gap, and TryHackMe is making a conscious effort to provide an opportunity to train in cybersecurity, regardless of background and ability to pay. The firm currently has a pricing scheme of £8-10 ($9.50-12) a month. “No one should be paying lots of money just to discover whether cybersecurity is a feasible career for them,” he added.

 

Looking ahead, the long-term vision for TryHackMe is to continue its mission to provide affordable and engaging training for those looking to develop a career in cybersecurity. This involves constant reflection and evolution, taking on user feedback to continuously improve the platform.

 

Solving the cyber skills shortage is a long-term challenge for the industry and requires innovative ideas and approaches. Often, startups have the most ‘out-of-the-box’ solutions, and TryHackMe has demonstrated this trait over its first few years of operation. TryHackMe’s triumph in this year’s contest, alongside other recent victors, shows that this issue is being taken increasingly seriously in the cybersecurity sector.