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From the time when organizations shifted their business to remote operations because of the COVID-19 epidemic, the number of data breaches has dramatically increased. In the first half, there were reports of data breaches in 81 international companies from 81 countries! Besides, a recent report from a security agency describes the impact on data breaches due to the pandemic where stolen credentials and power attacks alone caused 80% of the data breaches. Currently, perpetrators are using the scourge of the epidemic to launch a highly sophisticated cyber-attack in every possible industry. During the first half of 2020, various companies of Fortune 500 faced big data breaches where the hackers sold the account guarantees, sensitive, confidential and financial information of the companies. To date, approximately 16 billion records have been disclosed this year. To add to it, investigators say that 8.4 billion records have been disclosed only in the first quarter of 2020! This number has increased by 273% compared to the first half of 2019 when 4.1 billion records were disclosed! These are the top 5 data breaches of 2020: Twitter Attacked! Whole world of internet was storm-struck when it had to face one of the most defiant cyber attacks in history! The data breach involved hackers getting access to the Twitter accounts of renowned personalities of the US like Barack Obama the former President, Elon Musk, Bill Gates and many others. From the 130 targeted accounts, hackers succeeded in resetting 45 user accounts’ passwords. Following that, they posted fake tweets from those accounts, offering a return of $2000 for every $1000 they can send to an unknown Bitcoin address. Reports have revealed that the breach was able to make the hackers a total of $121,000 in Bitcoin from about 300 transactions. Twitter Support says that the attack was targeted on a small number of employees through a phone using spear-phishing method, and that the attackers’ attempt was to mislead certain employees to later exploit human vulnerabilities and gain access to their internal systems. Marriott Cyber Attack The Marriott hotel chain, on the 31st of March 2020 agreed to have suffered a security breach impacting the data of more than 5.2 million hotel guests who made use of the company’s loyalty application. Hackers acquired the login credentials of two accounts of Marriott employees whose access to customer information about the loyalty scheme of the hotel chain was granted. The information was used to take away the data about a month before the breach was acknowledged. The data breached had personal details such as names, birthdates, and contact numbers, information regarding their travel and the loyalty program. As per Marriott’s statement, the credentials of their employees were obtained by hackers using credential stuffing or phishing. In the past, Marriott announced a data breach in the second half of 2018 where around 500 million guests bore the impact. Zoom Credentials Put For Sale The COVID-19 pandemic made organizations across the globe to adopt work from home policy. In this regard, the Zoom application became the first preference for virtual meetings and also got famous among the cyber criminals. Within quick time, Zoom became vulnerable to different security threats and eventually fell victim of the data breach. April 2020 had the news of 500,000 stolen Zoom credentials being available for sale in dark web forums, frightening its users. Login credentials of more than 0.5 million users were put to sale and some were even given away for free. To be frank, even some of the login credentials were valued for less than half a cent! The personal meeting URLs & Host Keys of the victims were also available. The leaked accounts were of various financial institutions, colleges and organizations. MGM Data Hack MGM Resorts, in 2019, bore a massive data breach. The outbreak of breach started to spread in February 2020 when the attackers leaked the personal details of around 10.6 million guests to download for free. It was later found that the number rose by 14 times than what happened  in February 2020. The personal details including name, home address, phone and email contacts and birth details of the guests were published on the hackers forum. The list of guests also included Justin Bieber, Jack Dorsey CEO Twitter, and many more government officials. A person from MGM Resorts has reportedly confirmed that impacted guests were intimated about the data breach. It also said that they are confident that no data related to financial usages was involved in this matter. Magellan Health Data Breach A member of Fortune 500 companies, Magellan Health was hit by a ransomware attack followed by data hack in April 2020. They confirmed by giving a statement that about 0.365 million patients were affected in the attack. Investigations revealed that the attack was launched according to a planned process in which the attackers first introduced malware to retrieve employee login credentials. Nextly they implemented a phishing scheme to obtain access to the company systems after sending a phishing email and impersonating as one of their clients before beginning the ransomware attack. The attackers stole the login credentials of employees, their personal information, employee IDs and sensitive details of patients such as W-2 information, their Social Security numbers, or Taxpayer IDs. Looking at the attacks, we clearly get the idea that we are never sure of  being 100% safe how technologically advanced we might be. Following are some of the ground security measures  that can help our organization to stay safe in these unsafe conditions: Educating our employees on security by training them in recognizing and fighting the cyber threats. Implement phishing recognition tool to instantly report any suspicious-looking and unmonitored emails. Safeguard our emails and domains from spoofing attacks by using protocols like DMARC, SPF, and DKIM. Using a VPN connection to have a protected network, keeping hackers and other dangers off the shore.

Top Five Data Breaches Witnessed In 2020: Twitter, Marriot, Zoom, Magellan Health, and MGM

In this tech-oriented world, where technology is advancing by leaps and bounds, cyberattacks are evolving simultaneously with leading innovations. Do you know that in 2020, Magellan Health was banged by a ransomware attack? patients were affected by this sophisticated cyberattack. 365,000 For every organization, whether it is big or small, security platforms such as (DLP) solutions play a crucial role to . Continuous monitoring of security policy implementation assists the protection of financial infrastructure’s critical information at all times. data loss prevention prevent unauthorized access to an organization’s sensitive data Cloud Access Security Brokers ( ) provide competencies around four significant piers of functionality. Those four piers are: CASBs Data Security Threat Protection Compliance Visibility Garner recognizes DLP as being in the above-mentioned data security piers of CASB. This concludes that CASB performs as a checkpoint among cloud services, users, and crucial information they are consuming and sharing. Numerous vendors miss out on key features that limit their capability to adequately cover mandatory inspection of content that a user interacts with, could traffic and protect sensitive data accurately and efficiently without various false positives. Here are the 5 crucial features to encounter under consideration while buying reliable DLP software. mandatorily included #1 Data Supply Chain In term of DLP, protection of data throughout its lifecycle is something which cannot be ignored at any cost, including three major characteristics: : This includes scanning and storage of other content repositories for the identification of a location of data. DLP products must be able to scan servers and document identification that possess sensitive information such as credit card numbers. Data At Rest Endpoint solutions generally communicate with it, involving continuous monitoring of data as the user interacts with it. DLP solution must provide endpoint protection that provides the security of data at disconnected devices. Data In Use: It is the snuffling of traffic on the network either passively or inlines via proxy for the identification of the content that has been sent across certain communications mechanisms. Data In Motion: #2 Admin and Policy Management For the management of whole solutions, a Central management server or central administration interface is something that is actually the first principle for security administrators. The foremost point to ponder is the dashboard of an interface must be customizable so that it proves to be beneficial for both technical as well as non-technical users, permitting administrators to hide those items which are certainly not relevant to users. For the creation and enforcement of security policies, the policy management feature plays a crucial role as it assists the modification of all the security protocols according to the requirements of a company. It involves handling both technical as well as non-technical staff. It not only provides data protection, but also protects data resources, devices, destination channels, and endpoints for continuous monitoring and protection. It assists in taking certain actions at the time of policy violation, permitting admins and users to change the policy. Data variations, as well as data storage, are expanding with every passing day and policy implementation for the protection and security of data is something that cannot be neglected. Therefore it is mandatory that must offer directory integration, hierarchical management,  and role-based administration so that DLP solutions are handled effectively by both technical and non-technical staff. DLP solutions #3 File Cracking and Content Analysis techniques Capturing the envelope and opening it is the initial yet crucial step for content analysis. The engine is required to parse the content and then indulge in it. It is simple for plain text email but it gets complicated when we have a look at binary files. DLP solutions revolve around this issue using “ ”. Even if the content is buried numerous layers down, this technique is utilized to read and understand files. For instance, it is not normal for a cracker to read an excel spreadsheet submerged in a zipped word file. The product is required to read the file after unzipping it, analyze it, find the excel data, and carry out the analysis process on it. file cracking Moreover, the following are 7 major content analysis techniques that are utilized to find policy violations, each with its own robustness and weakness. Regular expressions database fingerprinting Partial document matching Exact file matching Pre-build categories with dictionaries and rules Lexicon or conceptual Bayesian analysis and other statistical techniques. #4 Instantaneous Analytics DLP software is considered to be vigorous only when it generates real-time notifications and alerts of secured data from , permitting analysts to respond and prioritize encountering threats more efficiently and intelligently. This crucial feature permits aggregation and analysis of millions and trillions of system events, user events, and data events. Instantaneous alert generation assists to notify security professionals about an unusual and serious incident so that they can take the required actions. data breaches Analytics and reporting feature assists administrators to watch out overall security protocols and solution’s performance. While purchasing a DLP solution, it is mandatory to attentively consider that it creates customizable reports according to requirements. Also if your organization fulfills compliances, the DLP solution that is under consideration to be implemented must provide compliance reports. #5 Cloud Traffic Inspection Inspecting where your users are located and where the traffic is coming from is something that is mandatory to consider while purchasing DLP software. The mandatory requirement is to ensure that you have proper coverage and involves the inspection of cloud traffic including on-premises, remote or mobile users. Considering how the whole world is accommodated with cloud computing, you must encounter the fact while purchasing DLP software that it also covers remote users. In addition, to ponder that DLP covers all the mobile users, monitoring of traffic emerging from desktop applications, mobile applications sync clients, web browsers are also crucial aspects to examine. Critical observation of sensitive data that is coming from desktop applications on PCs and Macs and mobile applications from Android and iOS is something that cannot be ignored at any cost and this feature must be appraised while purchasing DLP software. The capability to implement DLP to authorized cloud services is crucial, however, the application of DLP to unauthorized cloud services is much more mandatory. Final verdict Data loss prevention (DLP) is the least understood yet the most hyped market in the security armaments. With at least half a dozen different technological approaches and techniques, it is difficult to develop an understanding of the ultimate significance of the tools and which product is suitable for which environment. DLP features comprise most of the enforcement and detection abilities of DLP products. Perhaps,  there is a wide range of significant considerations when it boils down to selecting an ultimate DLP solution. However, the 5 most important features are briefed down in this article that must be considered by financial infrastructures during the planning and implementation of the DLP system. With the advancements in DLP tools and availability of more robust capabilities, more and more financial infrastructures are required to acquire DLP software for customer satisfaction and enhancement of security protocols.

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