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Dark Reading
In this Dark Reading News Desk segment, BitSight's Gregory Keshian discusses external attack surface management and security performance management.
Dark Reading
Dark Reading
Rueil-Malmaison, France & Boston - January 9, 2023 - Schneider Electric, the global leader in the digital transformation of energy management and automation, and BitSight, the leader in detecting and managing cyber risk, today announced a strategic partnership to develop a first-of-its-kind global Operational Technology Risk Identification and Threat Intelligence capability. Schneider Electric and BitSight each see their partnership as an important step in furthering their commitment to improve the security and resilience of their communities - by detecting OT protocols exposed over the internet and contextualizing them with improved attribution. Through a joint effort, Schneider Electric will fuse its deep knowledge of OT protocols and systems with BitSight's market-leading exposure detection and management capabilities in order to generate the critical insights necessary for proactive security monitoring of externally observable risks to the OT community. "We are delighted to be partnering with Schneider Electric on this critically important initiative to better manage the cyber risk of Internet-connected OT systems. Both BitSight and Schneider Electric share the mission of creating trust in the digital economy by improving cybersecurity protection across all interconnected business types and industries," said Stephen Boyer, Co-Founder and Chief Technology Officer at BitSight. "Operational Technology systems are often exposed and vulnerable to attackers who can exploit them through connected devices and converging networks. By partnering with Schneider Electric, we are proactively addressing this downstream risk by expanding our capabilities to better detect customers' industrial infrastructure and control systems at risk and to help them improve business resilience." "With the enriched data and insight collected by BitSight, Schneider Electric is developing an OT threat intelligence capability to notify and work with customers who have exposed assets or insecure Internet facing deployments," stated Christophe Blassiau, SVP, Cybersecurity & Global CISO at Schneider Electric. The new capability focused on risk identification and reduction across the entirety of the OT domain is not an exclusive arrangement between BitSight and Schneider Electric.
Dark Reading
Additional functionality also added to the fourth-party risk solution is providing better visibility and insights into vendor risk.
Dark Reading
The Marsh McLennan Cyber Risk Analytics Center conducted independent analysis of BitSight's Security Rating and risk vectors and cybersecurity incident data.
The Hacker News
A coordinated law enforcement operation, in partnership with private sector companies, including Bitdefender, Bitsight, ESET, and Microsoft, has resulted in the takedown of criminal infrastructure powering Amadey and StealC. "The main common goal was to disrupt the 'assembly lines' cybercriminals use to launch ransomware, financial fraud, and attacks on critical infrastructure," Europol said in
The Hacker News
A sophisticated botnet known as MyloBot has compromised thousands of systems, with most of them located in India, the U.S., Indonesia, and Iran. That's according to new findings from BitSight, which said it's "currently seeing more than 50,000 unique infected systems every day," down from a high of 250,000 unique hosts in 2020. Furthermore, an analysis of MyloBot's infrastructure has found
The Hacker News
Bitsight says some cheap Android TV boxes have shipped with apps that rewrite their hardware identity to mimic Samsung, Huawei, Xiaomi, or Vivo phones, then click ads on websites run by the same operators. Researchers named the operation Fuyao and attributed it to Zhejiang Fengwo IoT Technology Co., Ltd., a mainland China company founded in 2019. The same apps have a second job. When a box
The Hacker News
A malicious botnet called Socks5Systemz is powering a proxy service called PROXY.AM, according to new findings from Bitsight. "Proxy malware and services enable other types of criminal activity adding uncontrolled layers of anonymity to the threat actors, so they can perform all kinds of malicious activity using chains of victim systems," the company's security research team said in an analysis
The Hacker News
Critical security vulnerabilities have been disclosed in six different Automatic Tank Gauge (ATG) systems from five manufacturers that could expose them to remote attacks. "These vulnerabilities pose significant real-world risks, as they could be exploited by malicious actors to cause widespread damage, including physical damage, environmental hazards, and economic losses," Bitsight researcher