Underground cybercrime forums continue to evolve, offering services ranging from cybercrime toolkits and money laundering to bulletproof hosting and a service that reviews exfiltrated data for corporate secrets, says cybersecurity analyst Tom Kellermann of Trend Micro.
The departure of Noel Biderman as CEO of Avid Life Media, parent company of the infidelity website Ashley Madison, represents a growing recognition of corporate executives' responsibility for data security.
Beyond APT30, another advanced threat group appears to be at work in India and the SEA region, targeting critical information assets. However, APT resiliency is not yet a part of the security lexicon, experts say.
CISOs who want to keep more cyber-attacks from succeeding should focus on decreasing the half-life of vulnerabilities, which refers to the amount of time it takes half of all systems affected by a vulnerability to get patched. That's the advice from Qualys' Wolfgang Kandek.
Breached dating site Ashley Madison is offering a $500,000 reward for information relating to the attack. The FBI, which is leading the investigation, is treating the breach as a national-security matter.
The Ashley Madison hackers have released a third data dump, and security experts warn that spam campaigns and extortion attacks now target supposed users of the dating site, sometimes demanding bitcoins - or else.
To help mitigate the risk that blackmail and extortion campaigns might target employees, employers' security teams must regularly review post-breach data dumps as well ramp up enforcement of their corporate security policies, says Stephen Coty of Alert Logic.
Rand Corp.'s Martin Libicki sees circumstances in which a weaker economy could curtail Chinese cyber spying on U.S. companies. Then again, he says, the Chinese government could see spending money on hacking as an economic stimulus.
Stock markets in the United States, Europe, China and India continued their volatility Aug. 24, and it's not clear how cybersecurity stocks will weather the downturns. But with hack attacks not letting up, some analysts say cybersecurity companies will likely continue to thrive.
One security expert says the highly-publicized breach of online dating website Ashley Madison appears to include the exposure of sensitive, personal details relating to between 100,000 to 150,000 registered customers in India.
In the wake of U.S. and Indian discussions to develop a common response to combat cyber-threats, India's security leaders say a new, systematic approach is needed to define the nation's cyber defense model.
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