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Google Takes Down Cryptbot Malware Infrastructure

Google has taken down the infrastructure and distribution network linked to the Cryptbot info stealer, a malware that was being used to infect Google Chrome users and steal their data. The move comes after the tech giant filed a lawsuit against those using the malware to carry out illegal activities.

Cryptbot is a type of malware that steals sensitive information from infected devices, including usernames, passwords, and credit card details. The malware is typically spread through phishing emails and malicious websites, and can be difficult to detect and remove once it has infected a device.

Google's lawsuit targets the infrastructure and distribution network behind the Cryptbot malware, with the aim of disrupting its operations and reducing the number of victims. By taking down the infrastructure, Google hopes to make it harder for cybercriminals to distribute the malware and infect new devices.

The move is part of Google's ongoing efforts to protect its users from cyber threats and keep its platform safe and secure. In recent years, the company has invested heavily in developing advanced security measures to detect and prevent malware and other malicious activities.

However, cybercriminals are constantly evolving their tactics and finding new ways to exploit vulnerabilities in systems and software. This means that companies like Google need to stay vigilant and proactive in their efforts to protect their users.

In addition to taking down the Cryptbot infrastructure, Google is also urging Chrome users to take steps to protect themselves from malware and other cyber threats. This includes keeping their software up to date, using strong and unique passwords, and being wary of suspicious emails and websites.

Google's efforts to disrupt the Cryptbot malware operation are an important step in the fight against cybercrime. By targeting the infrastructure and distribution network behind the malware, the company is helping to reduce the number of victims and make the internet a safer place for everyone.

To Reliably Govern Multi-Cloud Workloads, IT Leaders Demand Better Security Insights

 

Gigamon has revealed the results of a Pulse. qa poll of IT and InfoSec experts to identify hurdles in progressing current multi-cloud plans. 

According to a recent Pew Research poll, 64 percent of Americans prefer to work in either an entirely remote or hybrid environment, pushing organizations to deal with the growing complexity of transferring and expanding workloads in the cloud. As a result, respondents to the Pulse.qa poll rank transparency over cloud data-in-motion as the most important security element globally. 

"Deep observability across hybrid and multi-cloud setups are required for every firm to stay competitive in a world of enhanced security risk and IT complexity. While each company's journey to service and infrastructure modernization is unique, bridging this visibility gap is critical to safeguarding and optimizing the network in order to provide a superior user experience." Gigamon's VP of brand and technical marketing, Bassam Khan, explained. 

Multi-cloud methods' challenges 

  • The successful administration of multi-cloud infrastructures is being hampered by increasing complexity and cost — 99 percent of respondents said the team lacked or violated an app service-level agreement (SLA) owing to challenges caused by an overly complicated cloud infrastructure. 
  • Attempts by tech executives to transfer and boost workloads in the cloud are being hampered by rising costs and complexity – High cloud expenses, according to 67 percent of respondents, are hindering the firms' ability to transfer applications and workloads as quickly as they need; 96 percent said connectivity bottlenecks or complex cloud troubleshooting attempts hold down migration efforts. 
  • The expense and complexities of cloud infrastructure deplete resources for other ventures and apps, frustrating already overworked IT employees — IT employee irritation was a close second (51%) to a lack of budget (61%) for critical applications. 

82 percent of IT and InfoSec leaders favor best-of-breed third-party security tools over cloud platform provider technologies to overcome these cloud migration bottlenecks and issues. Furthermore, the percent prefers a single point of visibility across the whole environment to a compartmentalized approach to cloud problems.

In a comparable pattern, multi-cloud is utilized. It gives organizations more ways to take advantage of the cloud's benefits. In response to demand, multi-cloud is certainly one of the most popular techniques.

Cyware is Changing the Cybersecurity Landscape

 

Cybercriminals often have an equivalent or sometimes superior technical prowess as their cyber security counterparts! This has led to an ever-evolving landscape of cybercrimes that constantly outsmart modern cyber security technologies. So, does that end our fight against cyber threats? No, the answer lies in increasing cognizance and implementation of automation technologies.

Akshat Jain, CTO & Co-founder, of Cyware shared his vision and the role of automation technologies in eliminating cyber threats. Here are the key points he discussed in an interview with Elets CIO: -

The vision of Cyware 

Anuj Goel and I started the company in 2016 with the vision of assisting organizations to reimagine the way they approach and manage cybersecurity. Our prior experiences in steering large security and technology teams made us realize the inadequacies of reactive, manually-driven, and intelligence-deprived cybersecurity strategies that put organizations at a disadvantage against threat actors. 

Today, Cyware is helping organizations transform their security postures through our cyber fusion solutions that combine the capabilities of Threat Intel Platforms (TIP) and Security Orchestration, Automation, and Response (SOAR) to make security proactive and to integrate and accelerate different security functions, including threat detection, response, vulnerability management, threat hunting, and others. 

Role of Automation in advanced security operations 

Automation plays an important role in the enrichment, correlation, analysis, and last-mile delivery of this threat intelligence to different teams within an organization or with external partners, industry peers, regulatory bodies, and information sharing community (ISAC/ISAO) members, and others. Using this telemetry, they are expected to take mitigating actions to contain and respond effectively to those threats. 

“Automation assists in detecting the variety of threats by using historical indicators of compromise (IOCs), and the knowledge of threat actors’ tactics, techniques, and procedures (TTPs) to trigger machine-driven detection alerts. From there, security teams can once again automate containment actions to ensure that a threat does not spread laterally across their systems and networks, thereby minimizing the impact of a threat. 

Response actions needed to finally eliminate the threat can also be executed rapidly through automated workflows leveraging security orchestration for information exchange and actioning across a variety of tools,” Jain explained. 

 Importance of Cyber Innovation and Global Collective Defence in the cloud-first economy

Cyber innovation is the need of the hour to help organizations adopt new security technologies and strategies to deal with these new challenges. With the increasingly distributed nature of today’s work environment, it is essential to boost collaboration in cybersecurity across all sectors to develop collective defense strategies for resilient cyberspace for all. 

As threat actors become stealthier and quicker, organizations should also make smart use of threat intel collected from both internal and external sources to drive proactive actions against potential threats to their infrastructure. 

Cyware’s progress in designing a first-of-its-kind global collective defense network 

Cyware is creating the first-of-its-kind global collective defense network through its advanced cross-sectoral threat intel sharing platforms that link all the stakeholders within an organization, as well as its business partners, vendors, industry peers, national CERTs, information sharing communities (ISACs/ISAOs), and others.

The network will assist organizations in sharing strategic, tactical, technical, and operational threat intelligence in real-time to ensure a timely response to various threats. More than 20 information-sharing communities (ISACs, ISAOs, and CERTs) from financial services, automotive, space, aviation, healthcare, retail, energy, and manufacturing sectors, among others, are using Cyware’s solutions to share threat intelligence with their 10,000+ member organizations.