Recent times have been quite eventful for cybersecurity specialists. The world witnessed a number of cyber-attacks; thereby creating a need for adoption of advanced cybersecurity solutions.

Here is a brief description about some significant breaches that happened recently:

• SolarWinds: In this attack, hackers were able to successfully compromise the infrastructure of a company named SolarWinds. The company produces a network and application monitoring platform known as Orion. After compromising the company’s infrastructure, the attackers used their access to distribute compromised version of the software to the users including 425 of Fortune 500 companies, top ten telecommunication companies of US, top five US accounting firms, hundreds of colleges worldwide, etc. Malware infected version of Orion was used to successfully breach a cyber-security company known as FireEye. Another malware known as Supernova also used the compromised Orion version as the delivery method to infect its victims.
• Software AG: Software AG is the second largest software vendor in Germany and seventh largest in Europe. It was hit by Clop ransomware attack in October 2020. The attackers demanded $23 million as ransom.
• Sopra Steria: It is a European IT firm that provides an array of IT services, including consulting, systems integration, and software development. In October 2020, the company was attacked by a new version of Ryuk ransomware.
• Telegram: A group of hackers that had access to the system used for connecting mobile networks across the world were able to gain access to Telegram messenger and email data of high-profile individuals in the cryptocurrency business.

Formulating new cyber security strategies and updating existing protocols is necessary for staying protected against cyber-attacks. A great way to do so is to observe the cyber-attacks and understand the new techniques being used. Recent cyber-attacks have shown that ransomware and social engineering attacks are gaining momentum. In terms of defensive actions, SolarWinds attack has indicated that third party risk management needs to be prioritized. Protecting remote endpoints and workers has emerged as next priority. Automated response systems should be used to improve the response time for preventing lateral infections through the network.

Centex Technologies provides cybersecurity solutions to businesses. For more information, call Centex Technologies at (972) 375 - 9654.