Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

The Kasya ransomware attack occurred through the exploitation of CVE 2021-30116, an authentication bypass vulnerability within Kaseya VSA servers. This allowed the hackers to circumvent authentication controls and executive commands via SQL injection, giving them all the control they needed to deploy their ransomware payload and encrypt a segment of Kaseya's internal data.

Companies are under more threat than ever. The rise in cyber threats is alarming: 2021 saw a 30% increase in cyberattacks compared with 2020. Even sophisticated systems with complex countermeasure technologies for security may be vulnerable to attack. Many organizations turn to hackers to counteract these threats. Ethical hackers use the tools and methods of malicious actors to help companies pinpoint their weaknesses and build a more resilient and secure system.

Cybersecurity is a daunting subject for most small and new businesses. They don’t have the budget to hire the best in the field to take care of their security. These small businesses need practical solutions and advice to protect their business.

At SecurityScorecard, we like to look ahead and focus on the future. However, the past can also teach us some valuable lessons, particularly in cybersecurity. 2022 was quite an eventful year in the space, with many high-profile attacks, including full-blown cyber warfare. Out of all threats we saw this past year, a few stood out. This article will cover seven of the most dangerous cyber threats of 2022, in no particular order.

Read also: Okta’s source code stolen after GitHub hack, Android apps are leaking API keys, and more.

Holidays are around the corner, and so are the hackers. They are waiting for your relaxed mindset and reduced staff coverage. For instance, 89% of organizations reportedly experienced holiday ransomware attacks. Of these, 36% had no contingency plans, causing significant damage. Also, there is an increased risk of online fraud and phishing attacks. Scammers targeted 75% of Americans with at least one form of holiday fraud in 2021. Have you taken any steps to protect your business?

The central issue behind the latest headline-grabbing security breach – an incident that directly impacted several major US government agencies – highlights pervasive issues related to many organizations’ use of the popular Office 365 and Azure Microsoft cloud platforms.

Recent advancements in machine learning, the latest on Black Proxies, and the DHS Cyber Safety Board’s plan to review Lapsus$ gang’s hacking tactics.

Read also: Chinese hackers stole millions in US COVID benefits, New Zealand affected by a supply-chain attack, and more.

Malicious hackers, hell-bent on infiltrating an organisation, have no qualms about exploiting even the most tragic events. Take, for instance, the horrific crowd crush that occurred in Seoul's nightlife district of Itaweon on 29 October, when over 150 people were killed during Halloween festivities.