November 5, 2019

Update from our cybersecurity friends at Sequrest

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As you may know, INAA has a special relationship with Sequrest, an international agnostic cybersecurity provider for financial and sensitive industries.

Sequrest helps keep our systems safe and offers special prices for our members so that they can safeguard their networks and devices from cyber threats.

Who is Sequrest?

Sequrest is an international agnostic cyber security solutions provider to financial and sensitive industries.
Banks and businesses of all sizes, Governments and authorities have chosen Sequrest to be their principal or exclusive cyber security provider, because of its unparalleled offering of international security solutions, cost efficiencies, knowledge transfers and technical support.

Brief Update

International cyber-attacks on the West continue to proliferate, with Russia, China and Iran being main activists. US NSA and UK NCSC have jointly warned that Russian hackers ‘Turlia Group’ have successfully infiltrated the Iranian hackers Neuron and Nautilus, and the data linked with them. Cyber attacks by the Russian group, whether ransomware, DDoS. malware, etc, would be wrongly attributed to the Iranian groups. Kaspersky reports that malware attacks on IoT devices are 9 times more prevalent than last year, with 105 million attacks reported in the last 6 months. Businesses are being targeted by fast-increasing DDoS attacks. The 2016 attack on the Dyn DNS server in 2106, which took down Netflix, Spotify and Amazon, used an IoT powered botnet, which is in increasing use today. Amazon Web Services suffered a DDoS attack lasting 8 hours this month. Ransomware attacks on businesses surge, with some 6.4 million attacks in the US, and an increase of 195% in the UK, mainly using GandCrab. Businesses that are or believe they are at risk can mitigate against DDoS by employing one of several DDoS mitigation services available. Russian cyber-espionage group APT28 (Fancy Bear) has now commenced extortion ransomware demands of 2 bitcoins, increasing by 1 bitcoin every day without payment. 27 million victims are being targeted by a major botnet ’sextortion’ campaign to prevent embarrassing data from previous data breaches being made public, for a charge of US$800 in bitcoin.

Top 5 Cybersecurity Risks - October 2019

  1. Phishing emails. When a cybercriminal attempts to get access to your personal details, usually via email.
  2. Ransomware. A type of malware that threatens to publish your sensitive information, unless you pay a fine or ‘ransom’ to regain control of your system.
  3. Malware. Software intentionally designed to damage or disrupt your computer server or network. Malware has many forms, like ransomware.
  4. Cryptojacking. When a cybercriminal secretly uses your device to mine for cryptocurrency.
  5. DDoS (distributed denial of service) attacks. A malicious attempt to stop customers or service users from reaching your website, disrupting normal web traffic.

Is your company safe?

Do you know how to keep your company safe online?
Speak to us to discover how we collaborate with organisations to offer our members some of the best solutions on the market.

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