CYBER SECURITY CONSULTING SERVICE AWARDS AND RECOGNITIONS
CyberSecOp's comprehensive managed security services, cyber security consulting, professional services, and data protection technology are recognized as industry-leading threat detection and response solutions by major analyst firms, key media outlets, and others.
Understanding the UnitedHealth Data Breach: Lessons Learned and Cybersecurity Imperatives
In recent months, the healthcare industry has been rocked by a significant number of cybersecurity breaches, the most prolific of which was at UnitedHealth Group. This breach sheds light on the critical importance of robust cybersecurity measures in safeguarding sensitive patient data and ensuring the continuity of essential services.
Below we delve into the details of this breach and explore its broader implications for cybersecurity in the healthcare industry as a whole.
The breach at UnitedHealth's tech unit on February 12th was orchestrated by hackers who gained remote access to the network using stolen login credentials. This breach, attributed to the cybercriminal gang AlphV, aka BlackCat, underscored the vulnerabilities inherent in relying solely on passwords for authentication, particularly the absence of multi-factor authentication (MFA). The compromised Change Healthcare Citrix portal, lacking MFA, provided an open gateway for cybercriminals to infiltrate and encrypt the systems, leading to a ransom demand to restore access.
The aftermath of the breach highlighted the significant disruption to American healthcare. Change Healthcare was locked out of the essential systems impacting medical claims processing across the country. UnitedHealth Group has been diligently working with law enforcement agencies and cybersecurity firms, including Google, Microsoft, Cisco, and Amazon, to investigate the breach and secure affected systems.
However, the ransom payment made by UnitedHealth Group underscores the complex ethical and practical considerations surrounding ransomware attacks. While paying the ransom may, or may not truly ensure the decryption of systems and the restoration of services, it also incentivizes cybercriminals to continue their nefarious activities.
In response to the breach, UnitedHealth Group has taken proactive measures to support affected healthcare providers, providing over $6.5 billion in accelerated payments and no-interest, no-fee loans to mitigate the financial impact.
This breach serves as a stark reminder of the urgent need for healthcare organizations to prioritize cybersecurity and implement robust defenses against evolving cyber threats. CyberSecOp continues to provide award winning services, standing ready to assist organizations in mitigating risks, conducting comprehensive risk assessments, and implementing tailored cybersecurity strategies to safeguard sensitive data and ensure the integrity of critical systems.
As the healthcare industry grapples with the fallout of this breach, it is imperative for organizations to learn from these events and strengthen their cybersecurity posture to protect patient privacy and maintain the trust of stakeholders.
Together, we can work towards building a more resilient and secure healthcare ecosystem where patient data remains protected and essential services remain uninterrupted.
Cyber Incident Response: A Comprehensive Guide
In today's world, cyber attacks are a fact of life. Every day, organizations of all sizes are targeted by hackers, criminals, and other malicious actors. While no organization is immune to attack, there are steps that can be taken to minimize the risk of a successful attack and to mitigate the damage caused by an attack that does occur.
One of the most important steps is to have a comprehensive cyber incident response plan in place. A good incident response plan will outline the steps that will be taken to identify, contain, and mitigate a cyber attack. It will also identify the roles and responsibilities of key personnel during an incident.
CyberSecOp is a leading provider of cyber security services. Our Emergency Incident Response team stands ready to support your organization in identifying, mitigating and preventing security incidents. We have the experience and expertise to help you respond to any type of cyber attack, quickly and effectively.
Our team of certified security professionals will work with you to:
Identify the nature of the attack
Contain the attack and prevent further damage
Restore your systems and data
Investigate the attack and identify the root cause
Develop a plan to prevent future attacks
We understand that a cyber attack can be a disruptive and stressful event. Our team is here to help you through the process and to get your business back up and running as quickly as possible.
The Cyber Incident Response Process
The cyber incident response process can be broken down into the following steps:
Identify the attack. The first step is to identify that an attack has occurred. This may involve detecting suspicious activity, such as unusual logins or changes to network configurations.
Contain the attack. Once an attack has been identified, it is important to contain the attack as quickly as possible. This may involve isolating the affected systems or networks, or removing malicious code.
Mitigate the damage. Once the attack has been contained, it is important to mitigate the damage. This may involve restoring data from backups, or repairing damaged systems. It is also important to investigate the attack to determine how it occurred and to prevent future attacks.
Investigate the attack. Once the attack has been contained, it is important to investigate the attack to determine how it occurred and to prevent future attacks. This may involve gathering evidence, such as logs and network traffic, and interviewing affected employees.
Develop a plan to prevent future attacks. Once the attack has been investigated, it is important to develop a plan to prevent future attacks. This may involve implementing security controls, such as firewalls and intrusion detection systems, and training employees on security best practices.
Cyber Incident Response Resources
There are a number of resources available to help organizations create and implement a cyber incident response plan. Some of these resources include:
CyberSecOp can assist with the development of a comprehensive incident response program.
The National Institute of Standards and Technology (NIST) has developed a set of guidelines for creating a cyber incident response plan. These guidelines can be found on the NIST website.
The SANS Institute offers a number of resources on cyber incident response, including a checklist for creating a plan. These resources can be found on the SANS website.
The International Organization for Standardization (ISO) has developed a number of standards for information security, including one for incident response. These standards can be found on the ISO website.
Conclusion
Cyber incident response is an essential part of any organization's security posture. By having a comprehensive plan in place, organizations can minimize the damage caused by a cyber attack and quickly recover from an incident.
If you need help with your cyber incident response plan, please contact CyberSecOp today. We would be happy to help you develop a plan that meets your specific needs.
Company CISOs and Boards Brace for New SEC Cybersecurity Regulations
The U.S. Securities and Exchange Commission (SEC) is proposing new cybersecurity regulations that would require public companies to report cybersecurity incidents within four business days and to have a board-approved cybersecurity policy in place. The regulations are designed to protect investors from the risks of cybercrime and to hold public companies accountable for their cybersecurity practices.
Company CISOs (chief information security officers) and boards are bracing for the new regulations, which they believe will be costly and burdensome to implement. However, they also recognize that the regulations are necessary to protect companies and their investors from the ever-growing threat of cybercrime.
In this blog post, we will discuss the SEC's proposed cybersecurity regulations and what they mean for company CISOs and boards. We will also provide tips for companies on how to prepare for the regulations.
The SEC's Proposed Cybersecurity Regulations
The SEC's proposed cybersecurity regulations would require public companies to do the following:
Report cybersecurity incidents within four business days. Companies would be required to report any cybersecurity incidents that have a material impact on the company or its investors.
Have a board-approved cybersecurity policy in place. The policy should address the company's cybersecurity risks and how it will manage those risks.
Conduct regular cybersecurity assessments. The assessments should identify and fix vulnerabilities in the company's systems and networks.
Have a plan in place to respond to a cyberattack. The plan should include steps to contain the damage, notify regulators and customers, and restore operations.
The SEC's proposed regulations are based on the Cybersecurity Framework, a voluntary framework developed by the National Institute of Standards and Technology (NIST). The Cybersecurity Framework provides a set of best practices for organizations to follow to improve their cybersecurity posture.
The SEC's proposed regulations are likely to face opposition from some companies, who argue that they are too burdensome and costly. However, the SEC is likely to move forward with the regulations, given the increasing risk of cybercrime.
What the Regulations Mean for Company CISOs and Boards
The SEC's proposed cybersecurity regulations will have a significant impact on company CISOs and boards. CISOs will need to ensure that their companies are in compliance with the regulations, which will require them to implement and maintain a robust cybersecurity program. Boards will need to oversee the company's cybersecurity program and ensure that it is effective.
The regulations will also have a financial impact on companies. Companies will need to invest in cybersecurity controls and staff to comply with the regulations. The costs of compliance will vary depending on the size and complexity of the company.
Tips for Companies on How to Prepare for the Regulations
Companies can take the following steps to prepare for the SEC's proposed cybersecurity regulations:
Assess your cybersecurity risks. The first step is to assess your company's cybersecurity risks. This will help you to determine which areas need the most attention.
Implement appropriate security controls. Once you know your risks, you can implement appropriate security controls to mitigate them. This could include things like firewalls, intrusion detection systems, and data encryption.
Train your employees. Your employees are your first line of defense against cyberattacks. Make sure they are trained on cybersecurity best practices, such as how to identify and avoid phishing scams.
Stay up-to-date on cybersecurity news and trends. The cybersecurity landscape is constantly changing. Make sure you stay up-to-date on the latest news and trends so you can protect your company from new threats.
Conduct regular cybersecurity audits. Regular cybersecurity audits can help you to identify and fix vulnerabilities before they are exploited by attackers.
Implement a cybersecurity awareness program. A cybersecurity awareness program can help your employees to understand the risks of cybercrime and how to protect themselves and the company.
By taking these steps, you can help your company to comply with the SEC's proposed cybersecurity regulations and protect itself from the ever-growing threat of cybercrime.
Defending Against Cybersecurity Threats: Best Practices for Individuals and Organizations
Cybersecurity breaches have become increasingly common in recent years, affecting organizations and individuals alike. According to a report by Risk Based Security, there were over 18,000 publicly disclosed data breaches in the first half of 2021, resulting in the exposure of over 18 billion records. This represents a 47% increase in the number of breaches compared to the same period in 2020.
The consequences of a cybersecurity breach can be severe and long-lasting. Breaches can lead to the theft of sensitive data, financial losses, reputational damage, and legal liabilities. For businesses, a cybersecurity breach can result in lost productivity, customer loss, and damage to the company's brand and reputation.
To address the growing threat of cybersecurity breaches, organizations need to take a proactive approach to cybersecurity. This includes implementing robust security measures, regularly monitoring systems for signs of intrusion, and educating employees about safe online practices. Organizations should also have an incident response plan in place to quickly and effectively respond to a breach if one occurs.
Individuals can also take steps to protect themselves from cybersecurity breaches, such as using strong and unique passwords, enabling two-factor authentication, and being cautious of phishing attacks.
Defending against cyber security threats
Defending against cyber security threats is a complex and ongoing process that requires a combination of technical, administrative, and physical measures. Here are some general steps you can take to improve your cyber security posture:
Keep software and systems up-to-date: Regularly update your operating system, applications, and antivirus software to patch vulnerabilities and fix bugs.
Use strong and unique passwords: Use complex passwords and avoid using the same password across multiple accounts. Consider using a password manager to generate and store strong passwords.
Enable two-factor authentication: Enable two-factor authentication (2FA) on all your online accounts, which adds an extra layer of security beyond passwords.
Be cautious of phishing attacks: Be suspicious of emails or messages that ask for personal or financial information or contain suspicious links. Always verify the source before providing any information.
Use a firewall: A firewall can help protect your network by filtering traffic and blocking unauthorized access.
Back up your data regularly: Back up your important data regularly to protect against data loss in case of a security breach or hardware failure.
Limit access to sensitive data: Restrict access to sensitive data to only those who need it and use secure methods to share data.
Educate yourself and others: Stay informed about the latest cyber security threats and educate others, including employees, family members, and friends, about safe online practices.
Remember, cyber security is an ongoing process, and it requires constant attention and vigilance. By implementing these steps, you can help protect yourself and your organization from cyber threats.
In conclusion, cybersecurity breaches are a growing threat that can have severe consequences for both organizations and individuals. By implementing robust security measures and staying vigilant, organizations and individuals can help reduce the risk of a breach and minimize the impact if one occurs.
Cyber Threats Require New Approach to Design Flaws and Risk
Now that the year is in full swing, and you’re only left with the distant memories, COVID, and cyber security, what are your business cyber objectives for 2022?
Ours goals are to continue helping businesses:
Improving security for everyone, by doubling the amount or organizations we helped last year (100% our client shows no evidence of a data breach)
Offer competitive pricing, to make security an attainable goal for every organization
Reduce cost and increase security by implementing more automation and artificial intelligence
Cyber threats are a real threat to all modern businesses, with the evolution of technology in all sectors. Malicious cyberattacks in 2021 forced shutdown of many business operations at an average downtime of a month. According to multiple reports, the amount of companies who ended paid hackers grew by 300% in 2020, and 200% in 2021. The businesses that were victimized had two options, pay the ransom or go out of business.
Email is the most popular attack vector
Email is still a top attack vector cybercriminal use. A majority of data breaches are caused by attacks on the human layer, but email hacking is much more than phishing.
Top 3 email attacks
Most wire frauds are successful over email communication; the focus trust, in most case the threat actor would be in the middle of a communication between two are more parties. This allows the threat actor to control the conversation, and change wire information.
Threat actor’s setup email rules to keep persistent connections and visibility to gain insight into the organization long after all passwords have been changed.
Threat actors add external emails to distribution groups to keep persistent connect and gain continuous insight into the organization in preparation for their next attack.
Double and Triple Extortion
Cybercriminal groups identified by the FBI responsible for most incidents are known for conducting aggressive “double/triple extortion” ransomware attacks once they have gained access to a network.
In double extortion attacks not only is the victim organization’s data rendered inaccessible until a ransom is paid but the criminals may further monetize the ransomware attack by coupling it with a Distributed Denial of Service (DDoS) attack or selling the stolen data onto other criminal groups. In some cases, if the organization is not careful, hackers use email, phone, or text to deceive employees into helping them commit wire fraud.
Providing security is challenging in any industry, whether you’re talking about agriculture, automobiles, furniture, financial services, or educational. It requires special equipment and knowledge around how things can fail in the field, and a disciplined approach to executing tests that reflect real-world conditions as much as possible.
This is where CyberSecOp can help your organization
We are an independent third-party testing, and compliance readiness firm, operating only within the cybersecurity industry. With our comprehensive suite of services and solutions our team can provide continuous testing, security program development, security tabletop exercise, security awareness training to reduce risk and increase critical testing against sensitive systems, using real-world conditions.