Security Newsletter
7 December 2020
The biggest hacks, data breaches of 2020
Cybersecurity may be far from many of our minds this year, and in light of a pandemic and catastrophic economic disruption, remembering to maintain our own personal privacy and security online isn't necessarily a priority. However, cyberattackers certainly haven't given anyone a break this year. Data breaches, network infiltrations, bulk data theft and sale, identity theft, and ransomware outbreaks have all occurred over 2020 and the underground market shows no signs of stopping.
Many companies and organizations, too, have yet to practice reasonable security hygiene, and vulnerabilities pose a constant threat to corporate networks. As a result, we've seen a variety of cyberattacks this year, the worst of which we have documented below.
Remote work became a major security consideration of study participants due to the spread of the COVID-19 pandemic. The average time to identify and contain a data breach, or the "breach lifecycle," was 280 days in 2020. Speed of containment can significantly impact breach costs, which can linger for years after the incident. The share of breaches caused by malicious attacks has steadily increased. Compromised credentials was the most expensive initial cause of malicious breaches in the study, while the type of threat actor also had a major impact on cost. Security automation solutions — including AI, analytics and orchestration — and incident response (IR) preparedness, including formation of IR teams and testing IR plans, showed the greatest reduction in data breach costs.
Read More on ZDNet
Cost of Data Breach Report 2020
Multiple Botnets Exploiting Critical Oracle WebLogic Bug — Patch Now!
Multiple botnets are targeting thousands of publicly exposed and still unpatched Oracle WebLogic servers to deploy crypto miners and steal sensitive information from infected systems. The attacks are taking aim at a recently patched WebLogic Server vulnerability, which was released by Oracle as part of its October 2020 Critical Patch Update and subsequently again in November (CVE-2020-14750) in the form of an out-of-band security patch.
Although the issue has been addressed, the release of proof-of-concept exploit code has made vulnerable Oracle WebLogic instances a lucrative target for threat actors to recruit these servers into a botnet that pilfers critical data and deploy second stage malware payloads. According to Juniper Threat Labs, operators of the DarkIRC botnet are exploiting this RCE vulnerability to spread laterally across the network, download files, record keystrokes, steal credentials, and execute arbitrary commands on compromised machines.
It's recommended that users apply the October 2020 Critical Patch Update and the updates associated with CVE-2020-14750 as soon as possible to mitigate risks stemming from this flaw. Oracle has also provided instructions to harden the servers by preventing external access to internal applications accessible on the Administration port.
Read More on TheHackerNews
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Kindred Group in brief
Kindred is one of the largest online gambling companies in the world with a diverse team of 1,600 people serving over 26 million customers across Europe, Australia and the US. We offer pre-game and live Sports betting, Poker, Casino and Games through 11 brands across our markets. We are committed to offer our customers the best deal and user experience possible, while ensuring a safe and fair gambling environment. Kindred is a pioneer in the online gambling industry and is an innovation driven company that builds on trust.
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