DDoS Attacks Continue To Increase
Study: DDoS Attacks Continue to be a Significant Security and Business Concern

Here is the weekly roundup :

‘Fatboy’ Ransomware Extorts Money Based on Victims’ Countries
A March indictment by the Department of Justice first revealed news of the arrest of a Lithuanian man who allegedly stole $100 million in wire transfers from American tech giants.

Google Docs Users Hit with Massive Phishing Attack
On Wednesday morning (PST), users of the popular Google Docs software suite were targeted in a comprehensive phishing campaign that allowed attackers to obtain victims’ contact lists while accessing their Gmail accounts to spread spam.Building a culture of security is substantial to any organization. Having a culture built around security, can help an organization create and maintain cyber resilience and a strong business environment.

Mysterious IoT Worm Hajime Builds 300,000-Strong Botnet
A new ‘vigilante’ IoT worm that blocks rival botnets, titled Hajime (Japanese for ‘beginning’ has steadily amassed a huge P2P botnet of 300,000 compromised devices, according to Kaspersky researchers.

Human Vulnerability – The Biggest Threat to an Organization
Human vulnerabilities are present in every organization and can often be exploited for heinous purposes. Humans are said to be the weakest link in cybersecurity and for good reason.

Study: DDoS Attacks Continue to be a Significant Security and Business Concern
A study has revealed that distributed denial of service or DDoS attacks continues to have a devastating impact on businesses, costing an organization as much as $2.5 million in revenue on average.

First Ever ‘Major Scale’ Mac Malware Hits Users with Phishing Campaign
Security researchers have discovered a new malware program that targets macOS users and is capable of spying on browsing traffic – even encrypted traffic – to steal users’ sensitive information.

Featured Article:

Scott Kaine on Cloud Access Management

Scott Kaine, CEO of Delta Risk LLC, discusses cloud asscess management and the concerns associated with it in a recent interview with LIFARS.

Upcoming Events:

IANS Toronto Information Security Forum| 5/16-5/17

Our CEO, Ondrej Krehel, will be discussing effective Threat Hunting and Incident Response plans for three separate sessions.

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Enfuse Conference| 5/22-5/25

LIFARS' Incident Response and Digital Forensic Team will be presenting two lab sessions at Enfuse:
- Digital Forensics on Compromised Web Applications
- Incident Response, The First 24 Hours

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NJ ISACA - FinCyberSec Conference 2017 | 5/31

Ondrej Krehel, LIFARS' CEO, will be presenting real cases of cyber extortion on financial firms and high net worth individuals, during his session "The Era of Ransomware and Cyber Extortion."

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