Despite enormous investments in cybersecurity by their financial service providers, customers still feel that they are not doing enough to protect their financial assets and data. That was just one of the findings of Morphisec's new 2019 Consumer Finance Cybersecurity Threat Index.Read More
A new highly sophisticated botnet incorporating numerous malicious, evasive techniques is quickly spreading its tentacles. Dubbed MyloBot, the botnet uses an usually complex chain attack and combines multiple anti-analysis techniques to make it more difficult to detect the payload and harder to analyze by security researchers. Initial research published by Deep Instinct points out that everything on the victim’s end takes place in memory, while the main business logic of the botnet is executed in an external process using code injection. This makes it even harder to detect and trace.Read More
Two weeks ago, Morphisec Lab, led by VP R&D Michael Gorelik, warned of a new attack by the FIN7 cybercrime group against restaurants across the US. Earlier this year, the financially motivated FIN7 group, one of the leading threat actor groups operating today, targeted restaurant chains Chipotle, Baja Fresh and Ruby Tuesday, among others. And you certainly remember the massive 2016 attack on the Wendy’s fast food chain, which resulted in over 1000 Wendy’s locations hit by a credit card breach. Numbers were also big in the Arby’s data breach discovered in January 2017: according to the credit union service PSCU, 350,000 credit and debit card accounts might have been impacted by the hack on Arby’s point-of-sale (PoS) systems.Read More
Fueled by access to ever-increasing computational power, the past few decades have seen an explosion in Artificial Intelligence (AI) capabilities and applications. Today, AI is used in everything from image and speech recognition, to recommendation systems, to biomedical informatics to self-driving cars. Recently, various cyber security vendors are adapting "AI Technologies" in their products in order to improve the detection rate of malware and attacks. In particular, AI is expected to slowly replace the old-style signature-based detection of malware. Signature-based detection has proved to be ineffective against today's "one-million-new-samples-per-day" malware variants. But what does it really mean to use AI in detection of attacks and malware; can it really live up to its promises?Read More
This article previously appeared on Information Management. Mordechai Guri is Chief Science Officer at Morphisec.
National Cybersecurity Awareness Month closed by focusing on scenarios straight out of action movies and nightmares – attacks on our critical infrastructure. These days, however, the threat is more likely to come from an innocent seeming email than bomb-toting terrorists à la Die Hard.
Utilities, hospitals, transportation systems, and all the other systems our communities and countries depend on are increasingly digitally controlled and connected. This brings tremendous productivity and reliability gains: better alignment of supply and demand, predictive maintenance planning, predictive outage response, instantaneous sharing of vital data and more. In some cases, like health care, it can make the difference between life and death.Read More