Mary Alexander Myers guides clients through all aspects of data-related transactions, helping them navigate the increasingly complex legal, regulatory, and contractual requirements emerging in this area. Breaches like these are a good reminder for organisations to pause, take stock and ensure they are protecting their networks from opportunistic cyber criminals to the best of their ability.Jones Day Cybersecurity, Privacy & Data Protection Lawyer Spotlight: Mary Alexander MyersĪs companies increasingly focus on data as a critical asset, and data becomes a driver of technology-focused transactions, companies must balance compliance obligations with the desire to commercialize and use data. ![]() Further, granular and real time visibility into network activity enhances the ability of security teams to detect potentially malicious behaviour. Micro-segmentation can often help limit the reach and impact of ransomware attacks, allowing companies to easily isolate breaches, prevent lateral movement and enforce granular security policies. Instead, only grant users access to what they absolutely need in order to do their jobs, and block the rest of the traffic by default. With the threat of ransomware only continuing to increase, in order to protect themselves and their customers, organisations need to take the more pragmatic approach of assuming breach and not trust any traffic, inside or outside the network. The breach suffered by Jones Day, a prominent law firm in the US, is not the first incident of CLOP ransomware that we’ve seen recently, and it is a strong reminder to companies to ensure tighter security on their networks. It is therefore vital that organisations take all the necessary requirements to detect and respond to attacks that can potentially cause damage to their customers, as well as to themselves. Ransomware will continue to be a potent tool in cybercriminals’ arsenals as they attempt to exploit, coerce, and capitalise on organisations’ valuable digital assets. With AI, this can be done at a speed and scale that humans and traditional signature-based tools simply cannot achieve. Detecting and responding to indicators of possible malware lurking on a network can make the difference between a contained incident or a damaging organisation-wide outage, breach or significant financial loss. In situations such as these, the performance and analytical power of AI can be hugely beneficial for organisations needing to detect the subtle indicators of targeted ransomware behaviours and the misuse of privileged credentials from networks and the cloud. As Ransomware gangs are becoming ever more opportunistic, and it is critical that security operations teams are able to pervasively detect and respond to attacks. ![]() In this case, it appears that the trust in a third-party service has led to a breach. It is becoming an emergency for companies to start thinking about detection strategies instead of protective measures. This is a good example of a trend that we have seen emerging in 2020 and will continue to rise in 2021, that security protection tools have been (and will be) bypassed. ![]() This attack by CLOP highlights the need for organisations to install robust security that defends themselves before their intellectual property is being stolen or altered. ![]() Jones Day has said that the breach occurred because of a third-party was compromised. A targeted ransomware organisation strikes again.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |