Cyber Security News & Trends – 10-18-19

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This week, SonicWall wins at the Computing Security Awards, and the cyberattack that almost took down the 2018 Olympics.


SonicWall Spotlight

SonicWall Wins at the Computing Security Awards

SonicWall Investing in Direct Touch and Channel Skills – ComputingWeekly

  • SonicWall’s Terry Greer-King talks to Computer Weekly about the expansion of SonicWall University amongst SonicWall Partners, and how additional staffing in direct-touch model has increased growth in the EMEA market.

Nanocore Under the Microscope – Security Boulevard

  • Using work previously published by the SonicWall Threat Labs, Security Boulevard takes a deep dive into the inner workings of the Remote Access Trojan known as NanoCore RAT, currently undergoing a change in delivery methods.

Using EDR for Layered Security – Techradar Pro

  • With the requirement for a layered security approach increasingly becoming public knowledge, SonicWall’s Terry Greer-King argues that the rapidly growing market of Endpoint Detection and Response (EDR) is the best solution. He explains what it is, how it works and why cybersecurity systems need to be multi-faceted and layered to compete in the modern threat landscape.

Cybersecurity News

The Untold Story of the 2018 Olympics Cyberattack, the Most Deceptive Hack in History – Wired

  • Reviewing the 2018 Olympics opening ceremony in South Korea, USA Today wrote that “it’s possible no Olympic Games have ever had so many moving pieces all run on time.” Little did they know that behind the scenes an entire team of cybersecurity experts were fire-fighting a major cyberattack that was working to take the entire Olympics network down.

French TV Station Shrugs Off Ransomware Attack to Keep Running – CBR Online

  • One of France’s largest privately-owned media groups, M6, survived a ransomware attack without a disruption to radio or tv. They group praised the “quick and efficient intervention of our cybersecurity experts” for its ability to keep operating during the attack.

Major Airport Malware Attack Shines a Light on OT Security – Threat Post

  • A cryptomining infection that spread rapidly through an unnamed European airport has shined a spotlight on poor cybersecurity practices. Despite being part of a known strain of cryptomining software, the malware had been altered enough to raise no red flags with airport personnel and was active for months before being detected.

Cybersecurity & Data Privacy Trends in 2020 – ITProPortal

  • 5G, cybersecurity budgets, data privacy regulations, staffing problems, Internet of Things; ItProPortal looks to the future and argues that all of these disparate but related trends will converge in 2020.

Sodinokibi Ransomware: Where Attackers’ Money Goes – Dark Reading

  • Researchers investigate ransomware-as-a-service malware Sodinokibi in an attempt to understand how much money is involved. Factoring in how much money is involved, and who it goes to, they conclude that the operators are making a “fortune, ” as much as $86,000 pure profit from a single affiliate in one 72 hour period.
And Finally:

‘Sextortion Botnet Spreads 30,000 Emails an Hour’ – BBC

  • There is an ongoing large-scale “sextortion” campaign making use of more than 450,000 hijacked computers. Sending emails at 30,000 an hour they threaten to release compromising photographs of the recipient unless $800 is paid in Bitcoin. By using real data gleaned from data breaches the extortion attempt can seem legitimate but this is a fear-based campaign with the extortioners working from the“rule of big numbers.“

In Case You Missed It

SonicWall Staff