Cyber Security Byte: Saturday, May 11th, 2024

Gartner's Top Cyber Trends, and LockBitSupp's Anonymity Ends 🚔

Welcome to the weekend everybody! ✌🏽 As we enjoy our Saturday afternoon, and gear up for a lovely Mother’s Day tomorrow, let’s discuss the major cyber headlines from last week! 🔓

This week’s featured article breaks down Gartner’s Top Cybersecurity Trends for 2024, and details why each one is critical for staying safe from today’s malicious actors.

Also highlighted this week:

  • LockBitSupp's identity revealed along with a 26-count indictment for extortion. 👩🏽‍⚖️

  • The FBI and CISA’s alert regarding the increased frequency of path traversal hacking.

  • The recent cyberattacks in Wichita, Kansas and at Ascension Healthcare.

  • Microsoft’s cybersecurity enhancements, including hiring Deputy CISOs and implementing executive compensation 💰 plans.

A lot happened this week, but we’ve got you covered! Get ready for another fantastic edition of the Cyber Security Byte! 🚀

FEATURED

Ahead of the Threat: Gartner’s Cybersecurity Trends for 2024

Cybersecurity continues to be a paramount concern for organizations across all industries. As technology continues to advance rapidly, so do the threats and challenges that accompany it. To stay ahead of the curve, today’s cybersecurity professionals and leaders remain actively aware and adapt their strategies to address emerging trends.

Gartner has identified the top trends in cybersecurity for 2024, providing valuable insights into the critical areas organizations should focus on to fortify their defenses and maintain resilience against potential cyber threats.

By Ryan Uliss, Contributing writer ● Read More…

CYBER BYTES

Ascension Healthcare Network experienced a significant cybersecurity event this week, disrupting its clinical operations across multiple facilities.

CISA and the FBI recently issued a significant Secure by Design Alert, spotlighting the ongoing exploitation of path traversal, or directory traversal, vulnerabilities in software.

Wichita’s recent ransomware attack is indicative of a troubling trend affecting cities across the United States, where municipal systems are increasingly targeted by cybercriminals.

Microsoft is taking decisive action to fortify its cybersecurity measures due to significant security breaches and increasing pressure from government leaders and key stakeholders.

TRENDING

Ransomware Leader ‘LockBitSupp’ is Finally Identified in Stunning Indictment

For years, the shadowy figure known as “LockBitSupp” operated in a shroud of internet anonymity, gleefully taunting law enforcement while boasting about the billions in profits earned through the prolific LockBit ransomware operation. LockBitSupp reveled in this secret identity, even arrogantly offering a $10 million bounty to anyone capable of unmasking him.

This week, the veil of anonymity was dramatically lifted when U.S. federal prosecutors in New Jersey unsealed a sweeping 26-count indictment against 31-year-old Russian national Dmitry Yuryevich Khoroshev. The charges, which include conspiracy, fraud, computer damage, and extortion, could result in a maximum prison sentence of 185 years if he is convicted.

By Ryan Uliss, Contributing Writer ● Read More…

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