Risky Business #731 -- SEC Twitter hack moves Bitcoin price
Jan 9, 2024
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Scott Kuffer from Nucleus Security joins to discuss patch management nuances. Topics cover SEC Twitter hack affecting Bitcoin, Telco breaches, Israel's Iranian hacks, and more cyber incidents globally. The show also delves into ethical dilemmas, software vulnerabilities, and technical analysis on cracking Tetra Protocol, highlighting the importance of strategic prioritization and communication in security measures.
The Risky Biz team returns with season 18 discussing news missed over the break. A clever hack of the SEC Twitter account led to a fake tweet about Bitcoin ETF approval, causing a temporary price spike. The tactic showcased a new level of sophistication in account takeovers for financial gain.
Triangulation Campaign and Apple Exploits
Kaspersky unveiled insights from the Triangulation campaign, showcasing the exploit chain complexity with Apple true type font parsing bugs and kernel exploits. A hardware feature in Apple's SOC allowed for arbitrary memory overwrites, highlighting advanced cyber tactics employed by adversaries.
Iran's Expanded Cyber Operations
Iran expands cyber operations targeting telcos in Egypt, Sudan, and Tanzania, showcasing broader regional influence. Predatory sparrow's return to disrupt Iran's petrol systems and attacks against Albania signal heightened tensions. Iran's engagement with militias in Myanmar over pig butchering rings underscores unexpected cyber challenges.
Concerns on Vulnerability Management in Organizations
Organizations are facing challenges in maintaining effective vulnerability management processes. Despite the focus on prioritization, concerns about the effectiveness of current approaches persist. There is a shift towards rethinking vulnerability management as a risk management function, prompting organizations to consider a more strategic and holistic approach to addressing vulnerabilities. Investments in vulnerability management have increased with heightened board-level attention, indicating a positive trend towards addressing cybersecurity risks.
Importance of Enhancing Vulnerability Remediation Efforts
Enhancing the ease of fixing vulnerabilities is highlighted as a critical aspect in improving cybersecurity postures. While prioritization tools like Nucleus Security aid in identifying key vulnerabilities, the emphasis is on making remediation processes more accessible and efficient for organizations. By providing visibility into vulnerabilities across systems and aiding in decision-making for investment in remediation efforts, organizations can enhance their cybersecurity defenses effectively.
On this week’s show Patrick Gray and Adam Boileau discuss the week’s security news. They cover:
SEC Twitter account hack moves bitcoin price
Kaspersky admires Triangulation hackers’ fine work
Telcos hacked all over
Israel hacks Iranian gasoline pumps again
Iran up in Albania, Sudan, Egypt and Tanzania
and much, much more…
This week’s show is brought to you by Nucleus Security. Co-founder Scott Kuffer joins us to talk about why patch management is more nuanced than just “patch fast!”