Archive for May 11, 2021

HelpSystems Acquires Beyond Security

Posted in Commentary with tags on May 11, 2021 by itnerd

HelpSystems announced today the acquisition of Beyond Security, a global leader in vulnerability assessment and management software. Beyond Security’s cloud-based products enable hundreds of organizations to easily scan their growing, complex environments for network or application vulnerabilities. The team and solutions from Beyond Security will fit into HelpSystems’ popular infrastructure protection portfolio featuring Digital DefenseCore Security, and Cobalt Strike.

Beyond Security accurately assesses security weaknesses in networks, applications, industrial systems, and networked software. This is critical for IT and security teams managing an increasingly hybrid world where assets are on premise, in the cloud, or tied to IoT and those needing to comply with industry and government security standards. 

KPMG Corporate Finance LLC acted as the exclusive investment banking advisor to Beyond Security.

HelpSystems is a software company focused on helping exceptional organizations Build a Better IT™. Our cybersecurityand automation software simplifies critical IT processes to give our customers peace of mind. We know IT transformation is a journey, not a destination. Let’s move forward. Learn more at www.helpsystems.com

Beyond Security is a global leader in automated vulnerability assessment and compliance solutions, enabling businesses and governments to accurately assess and manage security weaknesses in their networks, applications, industrial systems, and networked software. Beyond Security’s automated, accurate and simple tools protect the networks and software development life cycle of SMEs and larger enterprises across the globe, including industry leaders in aerial and space warfare, banking and finance, media, software development, telecommunications, transportation, and more.

ServiceNow Knowledge 2021 Kicks Off

Posted in Commentary with tags on May 11, 2021 by itnerd

Today, ServiceNow kicked off its Knowledge 2021 digital experience, announcing new innovations designed to help solve organizations’ most pressing challenges – from supporting the delivery of millions of COVID vaccinations across the globe to facilitating the phased return to the workplace and accelerating digital transformation for a new era of work.  

Highlights include: 

  • Accelerating global vaccination efforts: ServiceNow today announced new capabilities to its Vaccine Administration Management solution that enhance scheduling and inventory management to make COVID-19 vaccines more accessible, especially for individuals who lack internet access, eliminating key barriers to vaccine distribution. More information is available HERE
  • Powering digital transformation in manufacturing and healthcare industries: ServiceNow is extending the power of its Now Platform to two new industries, including Manufacturing and Healthcare and Life Sciences, to help manufacturing companies including Siemens Energy digitally transform their businesses for long-term growth and help healthcare organizations enhance the patient experience to power the healthcare ecosystem of the future. More information is available HERE
  • Helping organizations safely bring employees back to the workplace: ServiceNow is expanding its Employee Workflow capabilities, with a new planning tool within the Safe Workplace Dashboard to help companies make more informed decisions about returning to work and a Neighborhoods feature for Workplace Service Delivery to help organizations manage flexible seating and prevent overcrowding. More information is available HERE
    • ServiceNow has seen an over 45% increase in Safe Workplace and Workplace Service Delivery app usage since the beginning of 2021, with companies like BankUnited, Uber, and ENMAX using ServiceNow to plan for a new era of work. 
  • Improving the development of cloud-native applications with insight-driven, action-oriented workflows: ServiceNow’s acquisition of Lightstep announced this week combines next-generation observability with the world’s leading enterprise digital workflow platform.With this acquisition, ServiceNow will help software developers build, deploy, run, and monitor state-of-the-art, cloud-native applications with insight-driven, action-oriented workflows.  

There’s more to come from Knowledge 2021 so stay tuned for more.

Criminal Gang DarkSide Claims Responsibility For Pipeline Hack

Posted in Commentary with tags on May 11, 2021 by itnerd

On Monday, cyber-crime gang DarkSide claimed responsibility for compromising one of the largest U.S. fuel pipelines, The Colonial Pipeline Company.

In a statement posted to its website, DarkSide echoed a sentiment common across ransomware gangs — that they’re an apolitical group, only interested in making money — but seemed to acknowledge that by hampering the fuel industry, they may have crossed a line with the United States that no ransomware gang has crossed before.

“We are apolitical, we do not participate in geopolitics, do not need to tie us with a defined goverment and look for other our motives,” the gang posted, misspelling “government.”

“Our goal is to make money, and not creating problems for society. From today we introduce moderation and check each company that our partners want to encrypt to avoid social consequences in the future.”

Service is hoped to be restored by end of the week, but in the meantime, there’s been a huge disruption of service to the East Coast and consumers will likely be impacted by localized fuel outages or price increases. The incident is another example of the vulnerabilities that come with outdated energy infrastructures, following the hack of a water treatment facility in Florida earlier this year.

Mieng Lim, VP of product management at Digital Defense (www.digitaldefense.com), a provider of vulnerability management and threat assessment solutions, says:

“This attack on a vital fuel pipeline, like the recent attack on a Florida water facility, is a harbinger of what’s to come if we continue to neglect the cybersecurity of our critical infrastructure. Cyber criminals and nation state actors will continue to probe for and exploit these weaknesses. Spending to secure our critical infrastructure networks is like replacing a home’s faulty electrical wiring. It’s hard to see the results of the spend, but not spending could be devastating. Our economy and the health and welfare of our population is at risk. It’s a simple choice — increase the cyber security protecting our critical infrastructure or continue to be victims of escalating cyberattacks.”

I know I keep saying this, but companies everywhere need to figure out how to protect themselves from this sort of thing as this example illustrates just how dangerous and disruptive these attacks can be.

Guest Post: 85% Of Cyberattacks In The US Originate Internally Says Atlas VPN

Posted in Commentary with tags on May 11, 2021 by itnerd

As the United States is one of the most influential countries globally, it is a massive target for hackers.

According to the recent Atlas VPN findings, 85% of cyberattacks in the United States come from inside strikes. A total of 204,410,383 attacks were recorded in a single day on May 9th. Out of them — 174,528,081 originated internally.

The second most cyberattacks were recorded from Russia, with a total of 10,579,930threats. Finally, the third position belongs to the United Kingdom, from where 3,677,361cyberattacks occurred.

According to cybersecurity writer and researcher at Atlas VPN Anton Petrov: 

“Cybercrime is not going anywhere. In fact, cybercriminals are only getting bolder. To mitigate the risks of the ever-evolving cyber threats, organizations in the US and the rest of the world need to step up their efforts.”

Most attacked industries

Hackers can impact many different industries. However, they choose the ones that can bring them the most value, whether it would be sensitive information or monetary rewards.

The most attacked industry in the US on May 9th was the financial services sector. The sector faced a total of 59,648,818 cyberattacks.

Businesses experienced 45,896,830 cyberattacks which put them in second place.

Next up, the healthcare industry faced 27,127,810 cyberattacks. Cybersecurity-related issues in the healthcare sector compromise the integrity of systems, patients’ privacy and disrupt facilities’ ability to provide patient care.

The computing & IT industry suffered the fourth most threats with a total of 16,832,530 cyberattacks. 

Lastly, we have the education industry with 13,424,778 cyberattacks. Hackers find the education sector a target because there are lots of valuable data and users.

To read the full article, head over to: https://atlasvpn.com/blog/85-of-cyberattacks-in-the-us-originate-internally