CDM-CYBER-DEFENSE-eMAGAZINE-March-2019

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Organizations will also frequently inherit third-party risks through M&A activity, as seen with the data breach reported by Marriott International in November 2018. The incident is one of the largest in history, with the information of more than 500m customers being stolen. However, the breach originated with Starwood Hotels in 2014 and went unnoticed when the firm was acquired by Marriott in 2016. Balancing risk and opportunity While the increased reliance on digital third-party providers can quickly elevate a company’s exposure to risk, firms cannot afford to shun digitalization. The flexibility and efficiency created by digital strategies are essential for retaining a competitive advantage, and is all but impossible to achieve without the use of third-party providers for cloud, IoT and mobile technology. This means organizations must be able to balance the opportunities presented by third parties against the potential threats they may introduce. While companies are well-used to performing similar analysis for calculating ROI and assessing financial risks, evaluating cyber risks is still a relatively new and unfamiliar school of thought. Companies need to ensure that a thorough cyber risk assessment is completed for any new partner or service provider they take on as a matter of course. More than this however, they also need to have real-time intelligence on the companies already in their ecosystem. The world of cyber threats moves so quickly that a previously secure partner could become a potential risk at any moment. Organizations need to spot potential threats against their connections before they can come to fruition and lead to an attack. By analyzing real-time threat activity targeting third parties alongside third-party infrastructure and vulnerability data, organizations can achieve a more accurate and complete view of risk, enabling them to understand current weaknesses and evaluate potential impact against the organization. Searching for risk indicators To be truly accurate and reliable, threat intelligence must gather data from a number of different sources, both open and hidden. One of the most obvious open risks is the use of vulnerable technology. Third parties that rely on web technology that is often exploited by attackers present an increased risk of compromise for their partners, particularly if they are failing to keep them patched and updated. Threat intelligence can also determine if real threat actors are actively targeting vulnerabilities present in a partner’s technology. Another clear indicator of risk is the presence of IT infrastructure misuse or abuse. The use of an IP address hosting a command and control server would present a very clear threat to the firm and any of its connections. Domain abuse presents an additional and powerful example that a company is being actively targeted by cybercriminals and is a potential threat. The existence of lookalike “typo squat” domains registered to impersonate an organization indicate that it is being involved in a phishing campaign or targeted attack.
Alongside more openly available sources of information, threat intelligence should also account for a third party’s hidden dark web footprint. By monitoring for the presence of corporate emails, credentials, and company mentions on dark web forums, it is possible to determine if a company is being actively targeted by criminal groups. The more frequently a firm is mentioned, the more likely it is to be the victim of an attack in the future. If stolen data is available on underground markets, the firm will present a greater risk of being exploited by attacks like credential stuffing, phishing and account impersonation, which will in turn present a threat to any connections. The elevated cyber risk presented by third parties is an inherent part of today’s interconnected, Digitally-driven business world. Organizations which are able to identify potential dangers in their suppliers and partners in real time will be much better equipped to mitigate any risks and confidently pursue the full benefits of their digitalization journey. About the Author Karen Levy, Senior Director of Product and Client Marketing at Recorded Future.
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Data Breaches: Beyond Exposing Iden
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CONTENTS (cont') Prioritizing Secur
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@CYBERDEFENSEMAG CYBER DEFENSE eMAG
Page 22 and 23: Data Breaches: Beyond Exposing Iden
Page 24 and 25: About the Author Kem Gay is an Inte
Page 26 and 27: Rip Off the Band-Aid This leaves us
Page 28 and 29: Why Biometric Data Use Poses Unique
Page 30 and 31: • DNA Kits: If you purchased or u
Page 32 and 33: How to be Workforce Ready and Stand
Page 34 and 35: Maximiliano Gigli, a third-year cyb
Page 36 and 37: Interestingly, the two groups diffe
Page 38 and 39: Cross-site Scripting Is an Underrat
Page 40 and 41: Stealing HTML5 web storage data: HT
Page 42 and 43: Cybersecurity in New York City, the
Page 44 and 45: A boom in cybersecurity startups se
Page 46 and 47: illion risks and threats among its
Page 48 and 49: Some Important Developments in the
Page 50 and 51: About the Author Sharmistha Sarkar
Page 52 and 53: employees to contractors and sub-co
Page 54 and 55: The Internet of Things Engineering
Page 56 and 57: About The Author Milica D. Djekic i
Page 58 and 59: kind. Many of them require some kin
Page 60 and 61: 2019 Risks in Focus: Cyber Incident
Page 62 and 63: However, the past year has also wit
Page 64 and 65: Why Insider Threats Are One of the
Page 66 and 67: Unlike with outside security threat
Page 70 and 71: The US Must Catch Up to Other Promi
Page 72 and 73: The fact is, the wider internationa
Page 74 and 75: Integrate Compliance and Regulation
Page 76 and 77: Security have and have-nots How org
Page 78 and 79: 1. People Having the right people c
Page 80 and 81: sources (such as syslog’s, Net Fl
Page 82 and 83: Limitations of Current Endpoint Sec
Page 84 and 85: For effective detection, most EDR s
Page 86 and 87: Why Wi-Fi Hacking Will Persist Desp
Page 88 and 89: About the Author Ryan Orsi is Direc
Page 90 and 91: questions such as, “Who added a w
Page 92 and 93: About the Author Josh Paape is an O
Page 94 and 95: for well-known, repeatable needs fi
Page 96 and 97: Overcoming Software Security Issues
Page 98 and 99: Implementing Security Checks at Str
Page 100 and 101: Phishing in the Dark: Employee Secu
Page 102 and 103: phishing threats. Furthermore, almo
Page 104 and 105: Unfortunately, once an application
Page 106 and 107: Software Should Come with a “Nutr
Page 108 and 109: vulnerabilities. If they find vulne
Page 110 and 111: I can't get no satisfaction, I can'
Page 112 and 113: How Organizations Should Choose a L
Page 114 and 115: load balancers capable of integrati
Page 116 and 117: SaaS DNS Security: Are you Protecte
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associated with any security event
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We’ve launched http://www.CyberDe
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Marketing and Partnership Opportuni
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Regent University’s Institute for
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