Cybersecurity should be a business priority for CEOs

74% of CEOs are concerned about their organizations’ ability to avert or minimize damage to the business from a cyberattack – even though 96% of CEOs said that cybersecurity is critical to organizational growth and stability, according to Accentu… Continue reading Cybersecurity should be a business priority for CEOs

Financially motivated threat actors willing to go after Russian targets

As Ukrainian organizations are getting hit with yet another data-wiping malware, financially motivated threat actors are choosing sides and some of them are expressing their willingness to target Russian targets. Malware hitting Ukranian targets Whispe… Continue reading Financially motivated threat actors willing to go after Russian targets

Ransomware group ‘Hades’ claims more victims as investigators seek answers

A ransomware group that targets billion-dollar companies — but that has stubbornly defied attribution consensus among cybersecurity researchers — has claimed at least seven victims since its discovery late last year. What’s more, it has taken additional steps in an apparent bid to baffle investigators who have tried to pin down who, exactly, the operators are, according to Accenture Security research released Tuesday. The update on the operators of the self-proclaimed Hades ransomware variant adds to its mystery as much as it subtracts from it. Accenture said it “is not yet able to confidently make attribution claims,” though other researchers have variously described Hades as a new group, suggested  it is connected to a wel known Russian ransomware gang, or linked the Hades activity to a Chinese nation-state hacking outfit thought to be behind this year’s Microsoft Exchange Server attack. What Accenture says it knows is this: First, the Hades […]

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What We Can Learn From Cyber Resilient Leaders

What separates those organizations that are cyber resilient and those that aren’t? Accenture’s study tells us Organizations are spending a lot on their cybersecurity systems, so it makes sense that they think they are well-protected from c… Continue reading What We Can Learn From Cyber Resilient Leaders

AXA XL clients now have access to Accenture’s response service to help resolve cyber incidents

Accenture now provides its Cyber Incident Response Service to help AXA XL’s clients respond to and recover from cyberattacks. In the event of an attack, AXA XL clients will now have access to Accenture Security’s global network of cybersecurity experti… Continue reading AXA XL clients now have access to Accenture’s response service to help resolve cyber incidents

What makes some organizations more cyber resilient than others?

Despite higher levels of investment in advanced cybersecurity technologies over the past three years, less than one-fifth of organizations are effectively stopping cyberattacks and finding and fixing breaches fast enough to lower the impact, according … Continue reading What makes some organizations more cyber resilient than others?

Financial hacking teams FIN7, Cobalt Group update tactics to haunt banks and retail

It’s starting to look like the global private sector might have a real problem on its hands. Despite international media attention and a series of high-profile arrests, some of the world’s most prolific cybercriminals only seem to be accelerating their hacking sprees. Financially motivated hacking groups including FIN7, Cobalt Group and the Contact Crew remain active, staying busy well into this year, according to Accenture Security’s 2019 Threatscape report. The cybercrime syndicates, which have haunted financial and retail companies since at least 2016, have spent the first half of 2019 updating their malicious software tools and expanding their reach. The findings are more bad news for international companies, which last year saw cyberattacks rank among the biggest risks for companies worldwide, according to the World Economic Forum. Now, if Accenture’s 102-page report is any indication, the world’s most capable hackers only are fine-tuning their techniques to carry out targeted intrusions. This comes […]

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Tom Parker, Accenture – Enterprise Security Weekly #61

Tom Parker is the Group Technology Officer of Accenture Security and a recognized thought leader in the security industry. He’s known for his research in adversary and threat profiling and software vulnerability. Full Show NotesVisit http://securityweekly.com/esw for all the latest episodes!

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Expected cyber threats over the next six months

With recent large-scale cyber attacks signaling a growing front in destructive threats and business impact, a new midyear report from iDefense, part of Accenture Security, reveals how threat actors are continuing to evolve their ability to avoid detection. The 2017 Cyber Threatscape Report examines key trends during the first half of 2017 and explores how cyber incidents may evolve over the next six months. It covers the increased prevalence of destructive attacks and adversary denial … More Continue reading Expected cyber threats over the next six months