B2B cyber security

Lack of IT specialists: 30 percent are missing in the area of cybersecurity

27 December 2023

A survey in Germany shows that the IT skills shortage mainly affects the IT security area. Almost a third of companies complain about a lack of specialist staff for IT security, with banks and insurance companies being particularly affected. Efficient, well-positioned IT security is crucial for the success and competitiveness of companies. The increasing complexity of cyber threats is therefore a major challenge for companies, especially with regard to the composition of their IT teams. There is a lack of specialists to protect the IT infrastructure. Sophos' latest study on the subject of Cybersecurity-as-a-Service (CSaaS) shows that 29 percent...

AI as a dark force in cybercrime

20 December 2023

| No comments

| AI, ML, new technology, Sophos, Stories

Two research reports show the current use of AI for attacks and, on the other hand, the attitude of cyber criminals to artificial intelligence is analyzed by examining dark web forums. The surprise: Not every criminal is convinced of the benefits of AI. Sophos today published two reports on the use of AI in cybercrime. The report "The Dark Side of AI: Large-Scale Scam Campaigns Made Possible by Generative AI" uses a concrete case study to examine how fraudsters could use technologies like ChatGPT in the future to carry out large-scale fraud attacks with minimal technical skills...

Adversary Report exposes cybercriminals' tricks

8 December 2023

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| Sophos, Stories

The detailed analysis of actual attacks on companies uncovers a new scam used by cybercriminals to cover up their length of stay and thus thwart a rapid defensive response. The new Sophos Active Adversary Report reveals the tricks used by cybercriminals. Sophos has released its new Active Adversary Report. Particularly striking: in 42 percent of the attacks analyzed, the telemetric protocols were missing and in 82 percent of these cases, the criminals actively deactivated or deleted telemetry data to hide their attacks. In addition, the length of stay in the hijacked system continues to decrease, setting the trend...

AMTD: Pioneering modern IT security

6 December 2023

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| endpoint security, PR News, Sophos

Automated Moving Target Defense (AMTD) improves application security at Sophos Endpoint by creating threat-agnostic barriers for every process. It becomes more difficult for software to execute code that is not an original part of the application. This particularly prevents malware from executing. As cyber threats intensify, security teams are dealing with an increasing number of alerts and false positives. This affects security efficiency and ties up a lot of resources. Automated Moving Target Defense (AMTD), a new concept developed and promoted by Gartner, aims to break this dynamic and provide relief. Security products…

Financial sector pays record sums in ransomware attacks

19 November 2023

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| Data Security & Backup, Sophos, Stories

The number of annual ransomware attacks on companies in the financial sector is constantly growing: while it was 2021 percent in 34, the number rose to 2022 percent in 55 and is 2023 percent in the 64 report. There is no end in sight, according to the study “The State of Ransomware 2023”. Unauthorized entry into the systems usually occurs through exploited vulnerabilities (40 percent). Compromised credentials, on the other hand, are only responsible for 23 percent of attacks - one of the lowest rates in the financial sector. Here, educational work among the workforce could ensure greater safety awareness...

New Ransomware Group Money Message Discovered

19 November 2023

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| Short news

Back in April of this year, a new ransomware group called “Money Message” became active. While the cybercriminals have previously flown under the radar, Sophos X-Ops was now able to take a closer look at the cybercriminals' activities while investigating an attack on an Australian organization. The group provides a prime example of what has become a very widespread attack variant: sneaking through hijacked company networks in a variety of ways in order to avoid detection and elimination. For example, in 78 percent of the Sophos Incident Response cases analyzed in the first half of 2023...

CSaaS: Study on Cyber Security as a Service

17 November 2023

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| PR News, Sophos

Companies are increasingly strengthening themselves with external expertise. The current study shows that 46 percent of companies are already using Cyber Security as a Service (CSaaS), and another 35 percent are in the process of implementing it. The key reason is 24/7 monitoring and therefore more protection for the company. Cybersecurity has become a critical success factor for companies in recent years. The advancing digital transformation, increasing networking of IT infrastructures and the constant professionalization of cybercrime offer attackers good conditions to identify new attack vectors and attack companies. Company…

More security with MDR – Cybersecurity as a Service

31 October 2023

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| EDR, MDR, NDR, XDR, PR News, Sophos

NDR – Network Detection & Response is now considered a security technology in IT security that should not be missing from any company network. But who evaluates all the data and leads the response? The magic word here is MDR – Managed Detection and Response Services. An interview with Michael Veit, security expert at Sophos. Effective security solutions include technological components such as networked endpoint protection, a next generation firewall, both paired with artificial intelligence and human expertise in the form of security services. While classic security solutions can detect and ward off a large number of attacks and malicious anomalies, it has long...

Discovered: Criminal hackers with hacking competitions

11 October 2023

| No comments

| Short news, Sophos

Sophos X-Ops uncovers hacker research competitions on criminal online forums to innovate and overcome security hurdles in a new report. These cybercriminal research competitions also award individual prizes of up to $80.000. Sophos X-Ops describes in its new report “For the win? Offensive Research Contests on Criminal Forums” Hacker research contests conducted by cybercrime forums to drive new attack innovations. The competitions focus on new attack and evasion methods and reflect cybercrime trends such as taking down AV/EDR, cryptocurrency fraud and setting up command-and-control infrastructures. Hacker groups compete to find new…

Tag: Sophos

Lack of IT specialists: 30 percent are missing in the area of cybersecurity

AI as a dark force in cybercrime

Adversary Report exposes cybercriminals' tricks

AMTD: Pioneering modern IT security

Financial sector pays record sums in ransomware attacks

New Ransomware Group Money Message Discovered

CSaaS: Study on Cyber Security as a Service

More security with MDR – Cybersecurity as a Service

Discovered: Criminal hackers with hacking competitions

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