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Key Cybersecurity Trends, Threats, and Events to Emerge in 2021

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By AMSAT April 8,2021

Key Cybersecurity Trends, Threats, and Events to Emerge in 2021

Looking back on a year of unparalleled uncertainty, almost everyone from all walks of life learned some lessons, including cybersecurity leaders and experts. The sudden change in working patterns prompted millions of employees to work from home, putting enormous strain on access to IT systems.

 

Cybercriminals didn’t let their guards down in determining how these and other changes created flaws to target and abuse either, which led to an upsurge in cyber-threat activity. By the end of March, more than 40,000 newly registered websites had already been identified with Covid-related names, which experts classified as “highly vulnerable” sites due to the scams and malware being pushed onto gullible consumers.

 

By and large, cybersecurity emerged as a high priority for organizations as well as consumers who relied on technology more than ever before. So, remembering how vital it is to talk about cybersecurity more openly and therefore inspire deeper appreciation of the threats and best preemptive strategies, here are some major trends to look out in 2021:

1. Employee fatigue

Post Covid-19, a dramatic shift in working patterns has upended employees’ routine life: work from home has forced them to clock in more hours, which means very little respite with barely any gaps between meetings, and virtually no commute. All this has caused considerable employee fatigue or complacency, which means more human errors leading to cybersecurity issues. And this implies that businesses need to think about a whole new level of IT security education program, including ensuring people to step away and take a break.

 
When you make a cybersecurity error at the workplace, it’s easy to go down and approach a responsive member of your IT security team. But it becomes extremely difficult to do at home now shorn of direct access to your usual go-to person, and it requires far more confidence to admit. Organizations need to take this human error factor into account and ensure steady edge security, regardless of the connection.

2. Surge in ransomware attacks

Ransomware attacks continue to rise both in frequency and severity, which doesn’t bode well for businesses. As everyone grappled to bear down with Covid-19 and move data and systems online, malicious threat actors saw more opportunities to exploit systems that were set up in haste.

In these well-coordinated attacks, business data is held hostage by the cybercriminals who will demand payment or compensation in order to return access to the data. Unscrupulous threat actors continue to innovate and improve their encryption processes, making them even harder to crack. They will continue to target the most susceptible businesses that cannot afford to lose their data and raise pressure to cave in to the extortion. While an all-inclusive data security system is central in helping to foil an attack, a simple backup of your valuable company data is one of the best safeguards against a ransomware attack.

3. Likelihood of more security incidents

A number of businesses in Europe sought to move key business processes to the cloud over the next few years, but with the onset of Covid-19, the plan has been pushed back a few months. Instead of taking the time to recodify processes, a transitional boost and shift step was added: the swift move. While the procedure may still be the same, the setting and security change. In 2021, companies are recodifying to gain the real benefits of agility from the cloud, while security teams are still rectifying the issues from the transitional shift. This ongoing migration at pace will lead to security holes, and we’re likely to see more cloud security events until the shifts are complete and we return to a semblance of stability, at least for a while.

4. SOC teams to grapple with a new work environment and more work pressure

As many companies look to cut costs, one natural solution is to hasten the digitization of processes. This means a surge of cybersecurity data returning to the security operations center (SOC). Add to this the shift already seen in telemetry as employees work from home, and a rise from more new association tools and cloud processes. Several SOC teams had also been accustomed to using numerous screens for big data analytics, and consistent team meetings to discuss multifaceted issues; so, the shift to work remotely, often with one screen, has been difficult for some.

4. Increased focus on privacy

In the West, especially in Europe, increased focus on data privacy has been seen in the last few months. Just one example of how momentous this has become is a major smartphone company running TV adverts in the region underlining its data protection capabilities. Simultaneously, we have the EU looking to build EU clouds, such as the Gaia-X project, that align to the broader EU cloud approach. All of this shows the priority of privacy on the EU agenda.

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    a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld
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    A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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    a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld

    By AMSAT April 2,2020

    A Brief Weekly Review of Top Stories that Dominated the Cyberworld

    The cyberworld saw its fair share of events in the outgoing week: from a bug in ‘netmask’ npm package that affected hundreds of thousands of projects to several ransomware gangs targeting vulnerable exchange servers, and so on. But the development that stood out in the entire week was the event where German lawmakers were targeted by Russian threat actors.

     

    Here’s a brief review of what took place in the past week.

    German MPs Again Targeted by Russian Threat Actors: Report

    As per local media, many German lawmakers fell victim to a cyber-attack, with security experts conjecturing Russian hackers might be behind the incident.


    Der Spiegel weekly said that cybercriminals used phishing emails to gain access to the computers of at least seven federal MPs and 31 lawmakers in regional parliaments.


    The magazine added that it was not clear whether any sensitive information was accessed.

    280,000 Projects Affected by Vulnerability in ‘Netmask’ npm Package

    Security expects suspected that a flaw in the netmask npm package could expose private networks and lead to a wide range of attacks, including malware delivery.


    Tracked as CVE-2021-28918, the newly identified issue resided in the fact that the package would erroneously read octal encoding, essentially resulting in the misapprehension of supplied IP addresses.


    Due to this bug, netmask would consider private IP addresses as external IP addresses and the other way around, thus opening the door to a variety of attacks, depending on the manner in which the package is used.

    Vulnerable Exchange Servers Targeted by More Ransomware

    The Black Kingdom/Pydomer ransomware operators joined the ranks of cybercriminals targeting the Exchange Server bugs that Microsoft revealed in early March.


    The four zero-day flaws had been targeted in live attacks well before patches were released for them on March 2. The number of unpatched Exchange installations plummeted drastically, going from roughly 80,000 on March 14 to fewer than 30,000 on March 22.

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      a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld
      Posted in Cyber Security

      A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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      a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld

      By AMSAT March 26,2021

      A Brief Weekly Review of Top Stories that Dominated the Cyberworld

      The outgoing week saw a mix of events in the cyberworld, including a recent patched Android bug being exploited in the wild, and a remote code execution patched in Apache OFBiz. But an event that brought shock waves in the realm of security landscape was social media giant Facebook’s failure to derail a $15b privacy suit.

       

      Here’s a brief synopsis of the key developments of the week that went by.

      Facebook Failed in Effort to Derail $15 Bn Privacy Suit

       

      The US Supreme Court declined to consider an appeal by social media titan Facebook that would have upset a $15 billion lawsuit over whether it illegally tracked users almost ten years ago.

       

       

      The country’s top court issued an order rejecting a request by the top social network to review a California federal court’s decision to allow the lawsuit accusing Facebook of breaching wiretap laws.

      Recently Fixed Android Bug Exploited in Attacks

       

      Search engine behemoth Google warned Android users that a newly fixed flaw had been exploited in attacks.

       

      Tracked as CVE-2020-11261, the vulnerability was patched by Google with the Android security updates released in January 2021.

       

       

      The bug was a high-severity improper input validation issue impacting a display/graphics element from Qualcomm. The flaw, which affects a long raft of chipsets, was reported to Qualcomm through Google in July 2020.

      Remote Code Execution Flaw Fixed in Apache OFBiz

       

      One of the flaws addressed by the latest update for Apache OFBiz was an insecure Java deserialization issue that could be exploited to perform code remotely, without verification.


      Apache OFBiz, a Java-based web framework, is an open-source enterprise resource planning (ERP) system that includes a set of applications to automate business processes within enterprise environments.


      OFBiz is one of the platforms that was impacted by a Java serialization flaw recognized and reported in 2015, and which affected the Apache Commons Collections and Apache Groovy libraries that OFBiz hinges on.

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        a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld
        Posted in Cyber Security

        A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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        a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld

        By AMSAT Mar 19,2021

        A Brief Weekly Review of Top Stories that Dominated the Cyberworld

        The outgoing week in the cybersecurity realm saw patching of vulnerabilities by some of the industry giants including Microsoft and Google. But an unprecedented development occurred when a threat group from China exploited 4 zer0-day flaws in Microsoft Exchange Server.

         

        Here is a brief synopsis of the stories of the past week.

        Threat group from China exploited 4 zero-day flaws in Microsoft Exchange Server

        A state-sponsored threat group from China actively exploited four zero-day bugs in Microsoft Exchange Server. Disturbingly, these flaws appeared to have been adopted by other threat actors in widespread attacks.

         

        The hack was not believed to be linked to the SolarWinds supply chain attack that had affected roughly 18,000 companies globally, but there were fears that lags in fixing exposed servers could have a similar, or more severe, effect on businesses.

        Google patches Chrome zero-day flaws exploited in the wild

        Search engine giant Google came up with an update for its Chrome web browser that patches five security bugs, including a zero-day flaw that is known to be aggressively exploited by threat actors. The vulnerabilities affect the Windows, macOS, and Linux versions of the popular browser.

        However, the company did not release any additional information on the live attacks or the operating system platforms being targeted. 

        Head of alleged crime chat comms service indicted by US

        The chief executive officer of a Canada-based company that provides encoded communications and a former associate were indicted in the US on allegations of facilitating international drug trafficking.

        Warrants were issued for the arrest of the two men.

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          major-insights-into-microsoft-exchange-server-hack
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          Everything You Should Know about Microsoft Exchange Server Hack

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          major-insights-into-microsoft-exchange-server-hack

          By AMSAT March 26, 2021

          Everything You Should Know about Microsoft Exchange Server Hack

          A state-sponsored threat group from China has aggressively exploited four zero-day flaws in Microsoft Exchange Server. Worryingly, these vulnerabilities appear to have been adopted by other threat actors in extensive attacks.

           

          The hack is not believed to be linked to the SolarWinds supply chain attack that has affected roughly 18,000 companies globally, but there are fears that lags in fixing exposed servers could have a similar, or more severe, effect on businesses.

           

          Here is a detailed chronology of what exactly happened.

          What occurred?

          Microsoft said that the company came to know of four zero-day bugs in January.

           

          On March 2, the tech giant issued patches to deal with the four critical flaws in Microsoft Exchange Server software. Microsoft said that the bugs were being aggressively exploited in limited but targeted attacks.

           

          Ten days later, Microsoft focused its probe on whether the threat actors acquired the credentials needed to gain access to the Exchange Server by a Microsoft partner, either deliberately or inadvertently. It is alleged that the cybercriminals had “proof of concept” attack code that the software behemoth shared with antivirus firms as part of the company’s Microsoft Active Protections Program (Mapp).

           

          Microsoft Exchange Server is an email inbox, calendar, and collaboration solution. Users of Microsoft Exchange Server — an email inbox, calendar, and collaboration solution — come from diverse backgrounds, from corporate giants to small and medium enterprises worldwide.

           

          While patches have been issued, the possibility of potential Exchange Server compromise hinges on the speed and approval of fixes, with the number of potential victims constantly on the rise.

          The vulnerabilities and their significance

          While Exchange Online is not impacted, the severe flaws affect on-premise Exchange Server 2013, Exchange Server 2016, and Exchange Server 2019.

           

          CVE-2021-26855: CVSS 9.1: a Server Side Request Forgery (SSRF) flaw leading to crafted HTTP requests being sent by unverified hackers. Servers should be able to accept unreliable connections over port 443 for the bug to be activated.

           

          CVE-2021-26857: CVSS 7.8: an uncertain deserialization flaw in the Exchange Unified Messaging Service, letting random code deployment under SYSTEM. Nevertheless, this flaw needs to be combined with another or pilfered IDs must be used.

           

          CVE-2021-26858: CVSS 7.8: a post-authentication random file write flaw to write to paths.

           

          CVE-2021-27065: CVSS 7.8: a post-authentication arbitrary file write flaw to write to paths.

           

          Used in an attack chain, all of these flaws can lead to Remote Code Execution (RCE), server capture, backdoors, data holdup, and possibly further malware deployment.

           

          Simply put, Microsoft says that invaders obtain access to an Exchange Server either through these bugs or pilfered credentials and they can then produce a web shell to capture the system and perform commands remotely.

           

          The company has said that the vulnerabilities are used as part of an attack chain, adding that the first attack needs the capacity to make an unreliable connection to Exchange server port 443. This, Microsoft said, can be protected against by limiting unreliable connections, or by establishing a VPN to separate the Exchange server from external access.

           

          On March 10, Proof-of-Concept (PoC) code was released.

          Attack traced back to Hafnium

          The tech giant says that attacks using the zero-day vulnerabilities have been traced back to Hafnium, a state-sponsored advanced persistent threat (APT) group from China that Microsoft said is as a highly accomplished and sophisticated actor.

           

          While Hafnium initiates in China, the group uses a web of virtual private servers (VPS) located in the US to try and hide its true location. Entities formerly targeted by the group include think tanks, non-profits, defense outworkers, and researchers.

           

          • Deploy updates to compromised Exchange Servers

          To successfully respond to the situation that could snowball into a serious crisis, deployment of updates to the affected Exchange Servers can be the first key step.

           

          • Investigate for exploitation or indicators of persistence

          This can be managed by examining the Exchange product logs for evidence of exploitation and skimming for identified web shells. In addition, using the Microsoft IOC feed for newly observed indicators and leveraging other organizational security capabilities may also help

           

          • Remediate and mitigate any known exploitation

          Microsoft suggests that you investigate your environment for indicators of lateral movement or further compromise. Also, you must update or mitigate your affected Exchange deployments immediately. Several rival groups are also actively exploiting these vulnerabilities, so to ensure the utmost security, you should block access to susceptible Exchange servers from unreliable networks until your Exchange servers are fixed or mitigated.

           

          Some of the noted cybersecurity companies in Pakistan, including AMSAT Managed Security Services (MSS), provide services appropriate for different environments related to Exchange Server, including support and services in vulnerability & threat management and governance, risk management & compliance, and penetration testing. The company also provides customized security strategy and mitigation techniques to help prepare organizations for potential threats.

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            Top Stories that Dominated the Cyberworld
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            A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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            Top Stories that Dominated the Cyberworld

            By AMSAT Mar 12,2020

            A Brief Weekly Review of Top Stories that Dominated the Cyberworld

            Among other major developments that occurred in the cyberspace, two news items stood out in the outgoing week: discovery of a new malware that contains in 9 Android apps, and a fire that destroyed data centers of OVH located in Strasbourg, France.

             

            Here is a brief synopsis of the stories of the past week.

             

            Fire destroyed OVH data centers in France

            In an unprecedented incident, a fire destroyed data centers of OVH, the largest hosting provider in Europe and the third-largest in the world, located in Strasbourg, France.

            The company advised customers to put in place their disaster recovery plans after the fire rendered several data centers unserviceable, affecting websites across the globe. 

            Microsoft tool checked Exchange Servers for Proxy Logon hacks

            Software giant Microsoft created a PowerShell script that could be used to check whether the newly revealed Proxy Logon flaws hacked a Microsoft Exchange server.

            Tracked as CVE-2021-26855, CVE-2021-26857, CVE-2021-26858, CVE-2021-27065, these flaws let the hackers carry out remote code execution on publicly exposed Microsoft Exchange servers using Outlook on the web (OWA).

            As part of these attacks, the hackers installed web shells that let the hackers control the server and access the internal network.

            Experts revealed new malware that contained in 9 Android apps

            Cybersecurity experts divulged a new malware dropper contained in 9 Android apps circulated via Google Play Store that arranged a second stage malware able to gain invasive access to the financial accounts of victims as well as full control of their devices.

            The apps that were used for the drive include Cake VPN, Pacific VPN, eVPN, BeatPlayer, QR/Barcode Scanner MAX, Music Player, tooltipnatorlibrary, and QRecorder.

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              a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld
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              A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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              a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld

              By AMSAT March 05,2021

              A Brief Weekly Review of Top Stories that Dominated the Cyberworld

              Among other key news stories that dominated the cyberspace, the biggest development of the outgoing week, which hit the headlines, was Ursnif Trojan hitting more than 100 Italian banks and financial institutions.

               

              Here is a brief overview of the stories of the past week.

              Over 100 Italian banks hit by Ursnif Trojan

              Avast experts revealed that the notorious Ursnif Trojan was used in attacks against at least 100 banks in Italy.

               

              Operators behind these attacks have pilfered financial data and credential from targeted financial institutions.

              Malware Sunshuttle purportedly linked to SolarWinds hack

              Malware experts found a new sophisticated second-stage backdoor, called Sunshuttle, which was uploaded by a U.S.-based entity to a public malware repository in August 2020.

               

              An analysis published by FireEye reads: “Mandiant Threat Intelligence discovered a sample of the SUNSHUTTLE backdoor uploaded to an online multi-Antivirus scan service.”

              Microsoft patches actively exploited Exchange zero-day bugs

              Microsoft set off alarm bells after finding Chinese cyber-espionage operators chaining several zero-day exploits to drain off e-mail data from corporate Microsoft Exchange servers.

               

              Redmond’s warning comprises the release of emergency out-of-band fixes for four distinct zero-day flaws that shaped part of the hacker’s arsenal.

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                a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld
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                A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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                a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld

                By AMSAT Feb 26,2021

                A Brief Weekly Review of Top Stories that Dominated the Cyberworld

                Mac Malware infection, threat actors targeting Myanmar government websites, and hackers scanned for VMware vCenter servers were among the top stories that kept cybersecurity experts on tenterhooks around the world.

                 

                Here is a brief overview of what went wrong in the cybersecurity landscape in the past week.

                At least 30,000 devices worldwide infected by shadowy Mac malware

                Investigators at Red Canary, a managed detection and response firm, came across a mysterious piece of Mac malware that seemed to have infected at least 30,000 devices across the globe.

                 

                Researchers found two variants of the malware, including one designed to run on devices powered by Apple’s new M1 chip, which used the arm64 CPU architecture.

                Myanmar government websites targeted by hackers in coup protest

                Military-run websites in Myanmar were attacked by hackers as a cyber war exploded after authorities shut down the internet for a fourth straight night.

                 

                A group called Myanmar Hackers disrupted many government websites including the Central Bank, Myanmar Military’s propaganda page, state-run broadcaster MRTV, the Port Authority, Food and Drug Administration.

                Hackers scanned for VMware vCenter servers impacted by major flaw

                Hackers scanned the internet for vulnerable servers merely one day after VMware announced the availability of fixes for a critical flaw impacting vCenter Server.

                 

                Tracked as CVE-2021-21972, the vulnerability affected the vSphere Client component of vCenter Server and it can be abused by a remote, unauthenticated intruder to perform arbitrary commands with elevated privileges on the operating system that hosted vCenter Server.

                 

                There were over 6,000 potentially susceptible systems that are accessible directly from the internet.

                 

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                  cyber-forensics-significance-types-and-challenges
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                  Cyber Forensics: Significance, Types, and Challenges

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                  cyber-forensics-significance-types-and-challenges

                  By AMSAT Aug 28,2020

                  Cyber Forensics: Significance, Types, and Challenges

                  Cyber forensics is the technique of acquiring, validating, analyzing, and documenting evidence recovered from the systems or online used to carry out the crime. And it can be committed from many sources such as computers, networks, digital media or storage devices that could have important information for the investigators to find. In cyber forensics, file or data carving procedures are most commonly used to glean digital evidence from the source, hard drive or online domain. 


                  Cyber forensics has enormous significance because it not only retrieves files hidden or detached from storage devices and systems, but forensics experts can also ascertain if there are any ongoing suspicious activities. Computer forensics help solve the issue of retrieving data from files where file system is inaccessible or file system structure is disrupted. Files may be purposely removed or, worse, configured to the interest of the suspect to hide their actions. 

                  Significance of Computer Forensics Important for Your Organization

                  To remain competitive in today’s fast-paced business environment, organizations have to rely heavily on technology. Customers expect organizations to have an online presence with easy-to-use, professional websites, be able to respond swiftly to online enquiries, and have the capacity to order online. Technology has become so important to people’s lives that they expect to have continuous access to their private emails and to be able to keep in touch with friends even during working hours.


                  All this, nevertheless, means that they will encounter some kind of cybersecurity event and the truth is they are often ill-equipped to cope with the incident effectively. Yet, they often do not implement their acceptable computer usage policy or do not think about the control of USB devices that can be plugged into the network or mobile phones that may contain company data. Moreover, when an employee’s contract is completed, the organization often ignores the need to swiftly close down the employee’s user accounts which can include remote access to the network.


                  Organizations have a lawful and ethical responsibility to defend their customer’s personal information; however, data leakage remains one of the major problems they face in todays’ technological world. When a cybersecurity incident happens, the IT staff is often expected to make a preliminary evaluation to try and recognize the precise nature and importance of the incident. But if they are do not train in cyber forensics, they are unable to retrieve vital company information lost to hacking or any other criminal activity. A forensic probe can save time which, in turn, results in saving of money. When articulating an incident response plan, organizations should provide staff with computer forensic training. 

                  Types of Digital Forensics

                  Three are three types of digital forensics.

                  Disk Forensics 

                  Digital forensics has to do with taking out information from storage media by finding active, altered, or removed files. 

                  Network Forensics 

                  A sub-branch of digital forensics, network forensics deals with supervision and evaluation of computer network traffic to gather significant information and legal evidence. 

                  Wireless Forensics 

                  The major objective of wireless forensics, which is a division of network forensics, is to provide the tools required to gather and examine the data from wireless network traffic. 

                  Database Forensics 

                  Database forensics deals with the study and investigation of databases and their connected metadata. 

                  Malware Forensics 

                  Malware forensics is related to the recognition of malicious code, to study their payload, viruses, worms, etc. 

                  Email Forensics 

                  This type of digital forensics deals with retrieval and examination of emails, including removed emails, calendars, and contacts. 

                  Memory Forensics 

                  Memory forensics is related to gathering data from system memory (system registers, cache, RAM) in raw form and then carving the data from raw junkyard. 

                  Mobile Phone Forensics 

                  Mobile phone forensics is mostly related to the investigation and examination of mobile devices. It helps recover phone and SIM contacts, call records, incoming and outgoing SMS/MMS, audio, videos, etc. 

                  Challenges confronted by Digital Forensics

                  One of the major challenges digital forensics encounter includes is the increase of personal computers and widespread use of the internet. Also, hacking tools are readily available and a lack of physical evidence makes examination ever more difficult. What’s more, there is a huge amount of storage space into Terabytes that makes the probing job exceptionally tricky and challenging. Finally, any technological changes need an upgrade or amendments to solutions. 

                  Steps involved in computer forensics

                  Here are the steps involved in computer forensics.


                  Readiness


                  This ensures that the forensics investigator and their respective team is always ready to take on an investigation at literally a moment’s notice. 

                  Collection

                  This is the area where the real physical evidence and any storage devices which are used to obtain the dormant data are pigeon-holed and sealed in tamper resistant bags. 

                  Analysis

                  This domain is where all of the collected evidence and the inactive data are examined in painful detail to find out how and where the cyberattack originated from, who the offenders are, and how this type of event can be prevented from entering the defense boundaries of the business or company in the future. 

                  Presentation

                  Once the analyses have been finalized, a summary of the conclusions is then presented to the IT staff of the company which was affected by the cyberattack. 

                  Conclusion

                  Although it’s difficult to investigate computer forensics, you can succeed in collecting evidence if you have the right tools. Evidence collection is a chief feature of a case, as prosecution is difficult without a considerable amount of proof. Organizations are duly responsible for defending their customers’ personal information, and they should use every trick in the book to make it happen. 

                  AMSAT, one of Pakistan’s fast-growing cybersecurity companies, provides consultancy in a number of services, including cyber forensics. The company’s SWAT/Tiger and Forensic Teams, with years of experience and breadth of expertise, have been drawn from the world’s leading cybersecurity agencies and are on hand to educate and inform startups and large conglomerates about the significance of computer and cyber forensics. 

                   

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                    a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld
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                    A Brief Weekly Review of Top Stories that Dominated the Cyberworld

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                    a-brief-weekly-review-of-top-stories-that-dominated-the-cyberworld

                    By AMSAT Feb 19,2021

                    A Brief Weekly Review of Top Stories that Dominated the Cyberworld

                    It was a week tough on malicious threat actors and ransomware members. From stories highlighting Ukrainian and French police’s crackdown on Egregor ransomware members to the US indicting North Korean hackers over $1.3b bank heists, a number of events saw the law tightening its noose around the hackers’ neck!

                     

                    Here’s a gist of the top stories of the past week.

                    Egregor Ransomware Members Arrested by Ukrainian, French police

                    In a major crackdown, French and Ukrainian police arrested members of the Egregor ransomware cartel. French public radio channel France Inter reported that the detained suspects provided hacking, logistical, and monetary support for the Egregor gang.

                    North Korean Hackers Indicted Over $1.3 Billion Bank Heists

                    The U.S. Justice Department said it had indicted three North Korean military intelligence officials connected to high-profile cyber-attacks that included the theft of $1.3 billion in money and crypto-currency from organizations across the globe.

                    Cybercriminals Leak Files Purportedly Stolen from Law Firm Jones Day

                    A group of threat actors began leaking files ostensibly stolen from Jones Day, a key U.S.-based law firm. The cybercriminals behind the ransomware drive, known as Clop, are notorious for encrypting files on compromised systems, as well as stealing files from the victim and threatening to leak them unless a ransom is paid.

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