For decades, the IT industry relied on perimeter security to safeguard critical digital assets. Firewalls and other network-based tools monitored and validated network access. However, the shift towards digital transformation and hybrid cloud infrastructure has made these traditional security methods inadequate. Clearly, the perimeter no longer exists. Then the pandemic…
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This blog was made possible through contributions from Christopher Caridi. IBM Security X-Force recently discovered a new malware family we have called “Domino,” which we assess was created by developers associated with the cybercriminal group that X-Force tracks as ITG14, also known as FIN7. Former members of the Trickbot/Conti syndicate…
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Information-stealing malware has become extremely pervasive in recent years. This malware harvests millions of credentials annually from endpoint devices and enterprises across the globe to devastating effects. Using highly automated and orchestrated attack methods, threat actors and initial access brokers provide an endless supply of compromised credentials to cyber criminal…
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In 2022, 10.7% of observed cyberattacks targeted the energy industry, according to the X-Force Threat Intelligence Index 2023. This puts energy in fourth place overall — the same as the year prior and behind manufacturing, finance and insurance and professional and business services. The report notes that this reduction in…
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