You may have seen it in the news, but another major company has been a victim of a nasty ransomware attack that disrupted services and customers for over ten days. This time, the victim was MGM Resorts in Las Vegas.
What separates this major incident from others is that the hackers pulled the malicious attack off using one of the oldest tricks in the book: social engineering. So, what happened, and what can we learn from this?
Topics: Cybersecurity, Network Security, Data Breach, Data Security, security incident handling, risk, Ransomware, social engineering
When Peter Drucker produced his seminal work, “What Makes an Effective Executive,” in the Harvard Business Review (Drucker, June, 2004), he may not have been writing with cybersecurity in mind. In fact, in 2004, the cybersecurity world had only begun to appear as the many-headed beast it’s become since then. Nonetheless, this text is an excellent guide for executives about incident response and breach management.
Topics: Cybersecurity, budgeting, security incident handling
Ransomware Prevention: DEF CON 29 Takeaways
Topics: Information Security, Incident Rsponse, security incident handling, security incident response, DEF CON
Incident Response is a series of investigative and remedial steps that a company takes in the event of a breach or other security incident. These restoration efforts can include backtracking through log data, isolating affected machines, and even negotiating with cyberterrorists!
Topics: Cybersecurity, Data Breach, Incident Response, security incident handling, security incident response
In 1974, the great Mohammed Ali said of his opponent, George Foreman, “His hands can’t hit what his eyes can’t see.” The same principle rings true in the cybersecurity world; we can't stop an attack until we know it is happening. That is why SIEM experts, like ProCircular’s Josh Resch, dedicate themselves to monitoring our clients’ networks for suspicious activity. Although each SIEM product works a little differently, they are all designed to help identify and track early signs of malicious activity on your network. A well-maintained SIEM can drastically reduce recovery time from a security incident by showing exactly where the attacker has been.
Topics: Cybersecurity, Network Security, security incident handling, SIEM, Monitoring