I found this article about Vice President Cybersecurity Advisor Network – Peter Coroneos explains the “Zero day vulnerabilities are flaws in software or systems code that leaves end users open to attack.
“They are called ‘zero day’ because they are either unknown to the vendor who produced the product, or are known but no patch has yet been made available.
“The period between when the zero day is first discovered by an attacker and when the patch is installed by the end user is the attack window in which a compromise can occur. The consequences can be vast and most serious attacks these days involve zero day exploits.”
“The first famous zero day attack was Stuxnet in 2009 against the Iranian uranium enrichment program. More recent attacks include WannaCry, NotPeyta, SolarWinds, MS Exchange Server hacks of 2021 and the infamous Colonial Pipeline ransomware attack.”
“‘White hat’ zero day researchers form a critical piece in the remediation of exploitable connected systems. They uncover the existence of unpatched vulnerabilities and report them to vendors of the relevant products they can be fixed. Regrettably, they face legal threats from some vendors sensitive to the discovery of flaws in their products.
Most digital security incidents are caused by malicious actors (e.g. cybercriminals and state-sponsored groups) exploiting vulnerabilities in organisations’ digital ecosystems. Addressing vulnerabilities before attackers take advantage of them is an effective means of reducing the probability of cybersecurity incidents. This article discusses vulnerabilities in products’ code such as software and firmware, and in how products are implemented in information systems. It shows that the technical community has progressed in developing good practice for treating vulnerabilities, including through co-ordinated vulnerability disclosure (CVD). However, significant economic and social challenges prevent stakeholders from adopting good practice, such as legal frameworks that do not sufficiently protect “ethical hackers” from legal proceedings. The paper stresses that public policies aimed at removing obstacles and encouraging vulnerability treatment could significantly reduce digital security risk for all.
I found this article which relates to our current topic: Business continuity and disaster recovery – How Disaster Recovery Is No Longer Optional For Today’s Businesses. Recent disasters like Hurricane Ida, Superstorm Sandy and the February 2021 winter storm in Texas have certainly increased the risks to businesses and IT infrastructures.
Nearly two-thirds of SMBs impacted by a fire, flood, hurricane, tornado or earthquake no longer exist 12 months later. This highlights the need for SMBs to develop a business continuity plan, and that plan should include a strategy for recovering IT assets.
The article focuses on three aspects:
Disaster Recovery As Business Insurance
The Cloud Changed The DR Game
Risk Management In Changing Times
The article I found this week on The Register concerns Zoom’s $15 billion merger with Five9, a California call-center-in-the-cloud probed by the United States for national security risks. Zoom’s ties to China happen to be the center of a US government investigation and appear to be a call for concern since the association could pose a risk to the national security of law enforcement interests of the United States. The U.S. The Department of Justice has also voiced its concerns and “believes that … risk may be raised by the foreign participation (including the foreign relationships and ownership) associated with the application.” As a result, they are mandating a review by the Committee for the Assessment of Foreign Participation in the United States Telecommunications Service Sector committee “to assess and make an appropriate recommendation as to how the [FCC] should adjudicate this application.” The article mentions that in the past Zoom was spotted routing connections through China and the U.S. urged the platform to better their security measures but they fell-short of those promises. A spokesperson for Zoom expressed their confidence in completing its merger with Five9, and ensured that the Five9 acquisition is “subject to certain telecom regulatory approvals”; they are also supposed to be overseen by regulatory agencies.
The name of the article “Cybercrime Costs Organizations Nearly $1.79 Million Per Minute” describes the economic losses caused by hacking activities. According to a survey of the amount of malicious activity on the Internet, the scale and damage of cyber attacks in the past year showed that 648 cyber threats occurred per minute. The average cost of a violation was US$7.2 per minute, while the overall predicted cyber security expenditure was per minute. US$280,060. During the COVID-19 pandemic, cybercriminals took advantage of the shift to online shopping during the COVID-19 pandemic, resulting in online payment fraud of $38,052 per minute. Also, healthcare is another industry that has faced a surge in cyber attacks since the beginning of COVID-19, losing $13 per minute due to digital security breaches in the past year. The report also examines the impact of different forms of cybercrime. It shows that $3615 per minute is lost by cryptocurrency fraud, 525,600 records are leaked, and 6 organizations become victims of ransomware. People’s lives are getting better because of the development of science and technology, but also because of the development of science and technology. The problem of network security is getting worse because of the development of science and technology. People’s information security and property security have also become problems.
Oluwaseun Soyomokun says
I found this article about Vice President Cybersecurity Advisor Network – Peter Coroneos explains the “Zero day vulnerabilities are flaws in software or systems code that leaves end users open to attack.
“They are called ‘zero day’ because they are either unknown to the vendor who produced the product, or are known but no patch has yet been made available.
“The period between when the zero day is first discovered by an attacker and when the patch is installed by the end user is the attack window in which a compromise can occur. The consequences can be vast and most serious attacks these days involve zero day exploits.”
“The first famous zero day attack was Stuxnet in 2009 against the Iranian uranium enrichment program. More recent attacks include WannaCry, NotPeyta, SolarWinds, MS Exchange Server hacks of 2021 and the infamous Colonial Pipeline ransomware attack.”
“‘White hat’ zero day researchers form a critical piece in the remediation of exploitable connected systems. They uncover the existence of unpatched vulnerabilities and report them to vendors of the relevant products they can be fixed. Regrettably, they face legal threats from some vendors sensitive to the discovery of flaws in their products.
Most digital security incidents are caused by malicious actors (e.g. cybercriminals and state-sponsored groups) exploiting vulnerabilities in organisations’ digital ecosystems. Addressing vulnerabilities before attackers take advantage of them is an effective means of reducing the probability of cybersecurity incidents. This article discusses vulnerabilities in products’ code such as software and firmware, and in how products are implemented in information systems. It shows that the technical community has progressed in developing good practice for treating vulnerabilities, including through co-ordinated vulnerability disclosure (CVD). However, significant economic and social challenges prevent stakeholders from adopting good practice, such as legal frameworks that do not sufficiently protect “ethical hackers” from legal proceedings. The paper stresses that public policies aimed at removing obstacles and encouraging vulnerability treatment could significantly reduce digital security risk for all.
https://itwire.com/security/video-interview-cyan-vp-peter-coroneos-explains-why-laws-are-needed-to-protect-ethical-zero-day-cyber-research.html
Shubham Patil says
I found this article which relates to our current topic: Business continuity and disaster recovery – How Disaster Recovery Is No Longer Optional For Today’s Businesses. Recent disasters like Hurricane Ida, Superstorm Sandy and the February 2021 winter storm in Texas have certainly increased the risks to businesses and IT infrastructures.
Nearly two-thirds of SMBs impacted by a fire, flood, hurricane, tornado or earthquake no longer exist 12 months later. This highlights the need for SMBs to develop a business continuity plan, and that plan should include a strategy for recovering IT assets.
The article focuses on three aspects:
Disaster Recovery As Business Insurance
The Cloud Changed The DR Game
Risk Management In Changing Times
Link: https://www.forbes.com/sites/forbestechcouncil/2021/10/12/why-disaster-recovery-is-no-longer-optional-for-todays-businesses/
Elizabeth Gutierrez says
The article I found this week on The Register concerns Zoom’s $15 billion merger with Five9, a California call-center-in-the-cloud probed by the United States for national security risks. Zoom’s ties to China happen to be the center of a US government investigation and appear to be a call for concern since the association could pose a risk to the national security of law enforcement interests of the United States. The U.S. The Department of Justice has also voiced its concerns and “believes that … risk may be raised by the foreign participation (including the foreign relationships and ownership) associated with the application.” As a result, they are mandating a review by the Committee for the Assessment of Foreign Participation in the United States Telecommunications Service Sector committee “to assess and make an appropriate recommendation as to how the [FCC] should adjudicate this application.” The article mentions that in the past Zoom was spotted routing connections through China and the U.S. urged the platform to better their security measures but they fell-short of those promises. A spokesperson for Zoom expressed their confidence in completing its merger with Five9, and ensured that the Five9 acquisition is “subject to certain telecom regulatory approvals”; they are also supposed to be overseen by regulatory agencies.
Link to article: https://www.theregister.com/2021/09/22/zooms_15bn_merger_with_five9/
Yangyuan Lin says
The name of the article “Cybercrime Costs Organizations Nearly $1.79 Million Per Minute” describes the economic losses caused by hacking activities. According to a survey of the amount of malicious activity on the Internet, the scale and damage of cyber attacks in the past year showed that 648 cyber threats occurred per minute. The average cost of a violation was US$7.2 per minute, while the overall predicted cyber security expenditure was per minute. US$280,060. During the COVID-19 pandemic, cybercriminals took advantage of the shift to online shopping during the COVID-19 pandemic, resulting in online payment fraud of $38,052 per minute. Also, healthcare is another industry that has faced a surge in cyber attacks since the beginning of COVID-19, losing $13 per minute due to digital security breaches in the past year. The report also examines the impact of different forms of cybercrime. It shows that $3615 per minute is lost by cryptocurrency fraud, 525,600 records are leaked, and 6 organizations become victims of ransomware. People’s lives are getting better because of the development of science and technology, but also because of the development of science and technology. The problem of network security is getting worse because of the development of science and technology. People’s information security and property security have also become problems.
https://www.infosecurity-magazine.com/news/cybercrime-costs-orgs-per-minute/