CISOs: Throwing Cash at Tools Isn’t Helping Detect Breaches

October 18, 2024 at 03:19PM Global information security spending is expected to hit $215 billion by 2024. However, a survey reveals 44% of CISOs experienced data breaches despite their tools. The main concern is hybrid cloud infrastructure, with 84% prioritizing visibility into encrypted traffic, while 60% plan to consolidate existing tools for better management. ### … Read more

Sloppy Entra ID Credentials Attract Hybrid Cloud Ransomware

September 30, 2024 at 01:06PM Summary: Cybersecurity teams are facing threats from “Storm-0501,” a ransomware group targeting vulnerable organizations in hybrid cloud environments. Microsoft reports that the group exploits weak passwords and overprivileged accounts to access cloud environments, using compromised credentials to extract data and spread ransomware. Security experts emphasize the importance of a zero-trust … Read more

Microsoft: Cloud Environments of US Organizations Targeted in Ransomware Attacks

September 30, 2024 at 08:00AM Microsoft warns of cybercriminal gang Storm-0501 targeting US organizations’ hybrid cloud environments with ransomware deployments. Active since 2021, the financially motivated group employs various ransomware families and exploits weak credentials and known vulnerabilities to gain control of networks, compromise devices, and deploy ransomware, posing a threat across multiple sectors. Based … Read more

Embargo ransomware escalates attacks to cloud environments

September 27, 2024 at 11:11AM Microsoft warns that the ransomware threat actor Storm-0501 is now targeting hybrid cloud environments and has expanded its tactics to compromise all victim assets. The group has targeted various organizations in the United States and uses various methods to gain access, move laterally, steal data, and deploy the Embargo ransomware. … Read more

Ransomware gang using stolen Microsoft Entra ID creds to bust into the cloud

September 27, 2024 at 09:44AM Microsoft issued a warning about Storm-0501’s shift in tactics, targeting hybrid cloud environments. Despite being a relatively new group, Storm-0501 is prolific in carrying out ransomware attacks and has been linked to various ransomware affiliate programs. The group typically targets over-privileged accounts, and Microsoft has provided threat-hunting tips and indicators … Read more

Palo Alto takes a big bite out of IBM QRadar security

September 4, 2024 at 06:22PM Palo Alto Networks spends $500 million to acquire IBM’s QRadar SaaS service, aiming for a customer share. IBM assures a seamless migration to PAN’s Cortex system for eligible customers. The partnership will focus on advanced threat protection, response, and security operations using Cortex XSIAM and watsonx. IBM will continue investing … Read more

Ctera Raises $80 Million From PSG Equity

July 18, 2024 at 09:03AM Ctera, a hybrid cloud data management provider, secures $80 million in funding from private investor PSG Equity, bringing total funding to over $100 million. The New York-based firm, founded in 2008, offers a cloud-native global file system for data services, with a focus on hybrid cloud file storage. The company … Read more

1Touch.io Integrates AI Into Mainframe Security

June 28, 2024 at 09:35AM 1touch.io has launched its mainframe security posture management (MSPM) product, utilizing contextual AI to enhance data discovery and classification accuracy. Mainframes, supporting majority of global IT workloads, face security challenges in hybrid cloud environments. MSPM offers comprehensive visibility and fast database scanning, integrating with mainframe data sources and supporting various … Read more

Palo Alto Networks and IBM to Jointly Provide AI-Powered Security Offerings

May 15, 2024 at 05:36PM Palo Alto Networks and IBM have announced a partnership to deliver AI-powered security outcomes for customers, offering comprehensive security platforms underpinned by AI. As part of the partnership, Palo Alto Networks will acquire IBM’s QRadar SaaS assets, subject to closing conditions. Both companies aim to accelerate growth and innovation in … Read more

It’s Time to Master the Lift & Shift: Migrating from VMware vSphere to Microsoft Azure

May 15, 2024 at 07:06AM The text discusses the recent push for IT professionals to transition their virtualized infrastructure from VMware vSphere to Microsoft Azure. It outlines a comprehensive guide with steps for planning, executing, and validating the migration process. Additionally, it highlights Zerto as an automated and orchestrated solution for VMware vSphere to Microsoft … Read more