What is a rootkit?

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New Malware Strain Targets Windows Users

A new malware strain, SystemBC, targets Windows computers with a multifaceted attack that can wreak havoc on their users. 

In addition to infecting computers with the primary strain of malware, SystemBC contains an on-demand proxy component that allows other malware stains to integrate with infected computers. Bad actors can use this arrangement to install trojans, ransomware, and other malware on users’ computers. 

This iterative approach to malware illustrates the ever-changing cybersecurity landscape that threatens every organization. With the cost of a data breach growing each year, companies have every incentive to protect their IT infrastructure. Although the challenges are immense, partnering with qualified professionals (Like us!) can ensure that your organization is always ready to combat the latest threats. 
https://www.zdnet.com/article/new-windows-malware-sets-up-proxies-on-your-pc-to-relay-malicious-traffic/

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What We’re Listening to:

Know Tech Talks

Security NowDefensive Security Podcast Small Business, Big Marketing – Australia’s #1 Marketing Show!IT Provider Network – The Podcast for Growing IT Service
TubbTalk – The Podcast for IT Consultants
Risky Business
CHANNELe2e

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

Capital One Data Breach Impacts US and Canadian Customers

Capital One Data Breach Impacts US and Canadian Customers 

An expansive data breach at the credit card juggernaut, Capital One Financial, has compromised the personal information for more than 100 million US and Canadian customers. 

The breach exposed the personal data for more than six-million Canadians, making it one of the most significant data breaches in the country’s history. Capital One, which provides Mastercard credit cards for retailers like Costco Wholesale and Hudson Bay Company, noted that the data is primarily restricted to consumers and small businesses who applied for a credit card between 2005 and 2019. 

The data includes names, addresses, postal codes, phone numbers, dates of birth, and incomes. For US customers, the stolen data also includes 80,000 linked bank account numbers and 140,000 social security numbers.

The incident is just the latest wide-spread data breach impacting small businesses and consumers, making their preemptive data protection a must-have element of personal or organization data security. For example, ID Agent’s Dark Web monitoring services can identify if an organization’s data is made available on the Dark Web, providing them with an opportunity to enhance their security posture before an attack takes place. 

https://business.financialpost.com/news/fp-street/massive-security-breach-at-capital-one-exposes-data-of-6-million-canadians

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

Are you really double checking you're emails?? You should!!

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

Are you feeling the heat?

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

A Divide in Ransomware Response Ethics

Local governments and municipalities are frequently targeted with ransomware attacks by cyber criminals who view government agencies as soft targets with potentially significant rewards. While leaders are unified in their abhorrence of this behavior, disparities exist when aligning on response plans. 

Some governments choose to pay the ransom, seeing it as the least expensive option available. Of course, this behavior makes other governments more vulnerable to a similar attack because it indicates that authorities are willing to pay criminals to restore access to their systems. 

In contrast, some local governments refuse to pay, a principled stance that can be more expensive in the long run. For instance, Baltimore authorities refused to pay a $75,000 ransom to regain access to its network, but full system restoration is estimated to cost $10 million, and other ancillary disruptions may cost $8 million more. 

The message is clear and simple: all organizations need to do everything they can to prevent a ransomware attack in the first place. Contingency plans like backups and cyber insurance are critical for responding to an attack, but employee awareness training and threat analysis services offered by cybersecurity experts can prevent ransomware attacks before placing your company in the precarious position of deciding on ransom payments. 

https://www.nytimes.com/2019/07/05/technology/cities-ransomware.html

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com