By Oleg Kolesnikov, Securonix Threat Research Team Figure 1: Cosmos Bank in India US$13.5 Million SWIFT/ATM Cyber Attack of August 2018 [1]   Introduction The Securonix Threat Research team recently learned of a new high-profile cyber attack targeting SWIFT/ATM infrastructure of Cosmos Bank (COSDINBB), a 112-year old cooperative bank in...

By Sachin Nayyar, Chief Executive Officer, Securonix The internet has changed the lives of millions – billions of people around the world. It is how we connect, interact with one another, run our daily lives in both personal and professional situations. And with this drastic change, there is a new...

The cybersecurity industry faces a tremendous challenge in the form of a massive skills shortage. According to Forbes magazine over 40,000 security jobs are currently unfulfilled and organizations are struggling to fill another 200,000 positions. It is imperative for organizations to rapidly adopt artificial intelligence (AI) and automation technologies if...

By Oleg Kolesnikov and Harshvardhan Parashar, Securonix Threat Research Team     Figure 1: GandCrab Phishing Email   Introduction The GandCrab ransomware attacks are some of the most prevalent ransomware threats of 2018. In recent months, the GandCrab attackers were able to infect more than 50,000 victims and generate more...

By Oleg Kolesnikov and Harshvardhan Parashar, Securonix Threat Research Team   Figure 1: Persistent Cryptomining Jex Boss Initial Foothold Payload - Repeated Payload Execution Attempts   Introduction Cryptojacking is the unauthorized use of someone else’s computer to secretly mine cryptocurrency (also known as virtual or digital currency). According to a...

The annual Gartner Security Summit in National Harbor, MD is always an enlightening event for us. We tend to be myopic and focused on our own technology and solutions, and this Summit, in particular, gives us the opportunity to lift our gaze and reconnect with other, broader trends in IT,...

By Oleg Kolesnikov and Harshvardhan Parashar, Securonix Threat Research Team   Figure 1: SamSam Jex Boss exploitation Introduction SamSam is a prevalent ransomware that has been observed across multiple industries including healthcare, government, and critical infrastructure/ industrial control systems (ICS) in 2016, 2017, and 2018. Earlier this year, the ransomware...

SC Magazine’s annual Trust Awards are recognized throughout the security industry as the gold standard of excellence in cybersecurity. Winners of the Trust Award are chosen by a distinguished group of leading IT security professionals selected by SC Media’s editorial team. We at Securonix are thrilled and honored that Securonix’s Next Generation...

We are coming off of a phenomenal week, and we would love to share it with you. Securonix User Summit and Customer Advisory Board Monday we kicked off the week with the Securonix User Summit and Customer Advisory Board meeting with 28 customers representing 19 different companies. Customers networked with...

By Oleg Kolesnikov, Securonix Threat Research Team Introduction Last month, we learned of a new cyber attack against the 2018 Winter Olympic Games in South Korea. Securonix Threat Research Team has been actively investigating and monitoring this attack since the attack was reported to help our customers understand the techniques...

We’ve all seen big data breaches in the news. We also know there are many more breaches that did not make it into the evening news. The insider attack vector - whether it is a malicious insider, an unsuspecting compromised employee, or accidental misuse, is a common theme across most...