Monthly Archives: February 2015

Tax Season Is Coming So Defend Your Environment Form A Rise In Cyber Attacks – Charles Leaver

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Written By Ziften CEO Charles Leaver

There are lots of business seasons each year and it is necessary that leaders of companies comprehend what those time periods mean for their for their cyber security defenses. In the retail sector the Christmas shopping season represents a spike in consumer expenditure, however it also represents a great time for cyber bad guys to attempt and steal customer data. When tax season shows up, organizations are busy preparing what is required for federal government agencies and accountancy firms and this can be a vulnerable time for cyber attacks.

Tax Season Represents An Opportunity For Cyber Criminals

With income tax returns now gone digital there is no requirement for United States citizens to mail their tax returns by the due date as all can be done using the Internet. This is certainly faster and more convenient but it can introduce security threats that organizations need to know. When there are large quantities of data on the move a golden opportunity exists for hackers to access information that belongs to the company.

There have been a variety of cyber security attacks throughout tax season before, and this has actually raised concerns that the hackers will be ready and waiting again. The latest Anthem breach has led market experts to anticipate a boost in tax fraud hacking in the future. In this breach that impacted 80 million people, there was a huge amount of personal data such as social security numbers stolen according to Kelly Phillips Erb who is a Forbes contributor.

In Connecticut, locals have been prompted by the Department of Revenue Services to submit their income tax returns early, and act ahead of the cyber lawbreakers so that their data is not discovered and their identity stolen.

Deceitful Activity Spotted By Tax Software

To make matters worse, there have been some security concerns with one of the country’s most popular tax software application brand names. USA Today revealed that TurboTax representatives discovered a boost in cyber criminality related to their software. A variety of unauthorized users had been utilizing stolen individual data to submit phony tax returns with state governments. The company took the precaution of momentarily stopping all users from filing state taxes until an examination internally was completed.

This cyber criminal offense was consequently proved to be inapplicable to the TurboTax software application, but the event shows what a challenge it is for cyber security experts to stop instances of tax fraud today. Even if the TurboTax software application was flawed, it most likely wouldn’t affect organizations much, given that they utilize accounting firms to manage their income tax returns. Accounting firms also have to do exactly what they can to prevent a cyber attack, which is why organizations must be proactive and safeguard their sensitive data.

Staying Secure At The Business Level

When it is time for large companies to prepare their tax returns they will use a great deal of accountancy personnel and the services of external companies in all likelihood to collate their financial info. When this is taking place, more attack verticals are open to cyber bad guys and they might infiltrate a company undiscovered. If they have the ability to do this then they will have access to many files relating to company files, monetary data and staff member records.

If you wish to secure your company in the coming tax season, focus on best practices of cyber security and implement protective steps that totally cover enterprise environments. Traditional tools like firewall programs and antivirus programs are an excellent place to start, but more advanced options will be needed for those cyber attacks that can occur undetected. Endpoint threat detection and response is important here, as it makes it possible for company security groups to find suspicious activity rapidly that could have gone undiscovered. If such an attack was to infiltrate the network then this could be the start of a large scale security attack.

Cyber security measures are constantly developing and try to keep pace with the methods that hackers utilize. Basic network level defenses may catch a great deal of cyber attacks but they will not be able to prevent all of the attacks. This is where high quality endpoint threat detection and response is required. It will provide visibility throughout all of the endpoints of a company, and can accurately discern between malicious activity and something spurious. This will enable security groups to better secure the data of the company.

 

Charles Leaver – More And More Advanced Malware Attacks Are Occurring So Protect Your Network

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Written By Charles Leaver CEO Ziften

If you are in doubt about malware hazards increasing then please check out the rest of this post. Over the past couple of years there have been a variety of cyber security research studies that have revealed that there are countless brand-new malware hazards being developed each year. With limited security resources to cope with the variety of malware dangers this is a real concern. All organizations have to look carefully at their cyber security processes and search for areas of improvement to resolve this genuine threat to data security.

Not all malware is the same. A few of the malware strains are more destructive than others, and security personnel need to understand the malware threats that can cause genuine damage on their company. It was noted that some malware could be categorized as more irritating than threatening according to George Tubin who is a security intelligence contributor. Yes they can inflict issues with the efficiency of computers and need removal by tech support workers, however they will not trigger the same level of problems as the malware that impacted Target and Sony with their cyber attacks.

Advanced malware attacks need to be the focus of security teams discussed Tubin. These malicious strains, which are small in number compared to common malware strains, can cause significant damage if they are enabled to penetrate an organization’s network.

Tubin stated “due to the fact that the majority of malware detection software is created to find standard, known malware – and since standard, recognized malware represents the vast majority of enterprise malware – most companies incorrectly think they are discovering and eliminating practically all malware dangers.” “This is exactly what the advanced malware hackers desire them to believe. While many organizations are satisfied with their malware detection stats, this small sliver of innovative malware goes unnoticed and remains in position to trigger terrible damage.”

The Integrity Of Data Is Under Serious Risk From Advanced Malware

There are zero day malware threats, and these can infiltrate the defenses at the boundary of the network without being detected and can stay active within the environment for months without being seen. This means that cyber lawbreakers have a lot of time to gain access to delicate data and steal essential information. To combat advanced malware and keep the organization environment safe, security personnel ought to enact advanced endpoint threat detection and response systems.

It is vital that organizations can monitor all of their endpoints and guarantee that they can determine malware hazards quickly and eliminate the hazard. Cyber crooks have a number of alternatives to make the most of when they target an organization, and this is even more of a problem as organizations become more complex. Individual laptop computers can be a genuine gateway for cyber wrongdoers to infiltrate the network states Tubin. When a laptop links to a point that is unsecure outside of the environment, there is a likelihood that it can be jeopardized.

This is a genuine factor underlining why security groups need to truthfully examine where the greatest weaknesses are and take restorative action to repair the problem. Endpoint security systems that continually monitor endpoints can offer immense benefits to companies who are concerned about their network defenses. At the end of the day, an organization should execute cyber security processes that match their requirements and resources.

 

Charles Leaver