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Infosecurity Europe 2021: Day 2

Introduction

Infosecurity Europe 2021 is an online conference that is organized/hosted by Reed Exhibitions. It is split in two events

  • Virtual/Live Sessions: 13-15 July
  • On-demand Sessions: 16-29 July

Please, find my notes from the second day below.

If you have missed the first day, go here for the notes


Contents

  1. Introduction

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The War of Attrition in Cyber Space by Ian Hill

  • China has the largest military force (by number)
  • focus is switching more and more to cyber capability
  • disadvantages of kinetic warfare
  • massing of conventional forces is difficult to conceal and requires weeks of preparation
  • state of the art kinetic weaponry requires high level of skill and training
  • kinetic weaponry can be easily tracked and traced
  • the effect of kinetic attack unfolds over an observable period of time
  • all the above allows for defenders to prepare beforehand
  • it's very expensive
  • advantages of cyber warfare
  • occurs at speed of light, giving little time to react
  • initial strike is likely to eliminate any effective defense or response
  • requires only a relatively small force to launch an attack
  • can be executed safely within own borders
  • deniability ("it wasn't us")
  • it is way cheaper
  • cyber weapon must be developed in secret and once it is used, it won't be as effective as the first time, or even become unusable
  • kinetic weapons can be reused many times (at least technology)
  • cyber weapon doesn't act as deterrent
  • SolarWinds as an example of attacks on US companies and agencies that resolves as act of espionage rather than act of cyber warfare; intelligence gathered can be weaponized and used in follow-up attacks
  • cyberspace is becoming the front line of a new Cold War; recent attacks: JBS, Fujitsu, Colonial Pipeline Cold
  • direct attacks against companies involved in fighting against Covid-19; Irish National Health Service attacked directly
  • in 2017 shopping conglomerate Maersk became the unexpected victim of a state sponsored NotPetya attack aimed predominately at Ukraine's financial institutions
  • the primary targets are and will be the critical infrastructure - Public Safety, Food Production, Utilities, Banking, Space, Communications, Transport, Defense and National Security, Government, Health
  • we are talking about potential of Cyber Blitzkrieg - risk of multi-vector, multi-wave destructive cyberattacks against country's infrastructure
  • recent usage of weaponized, mechanized AI - first-ever swarm drone attacks
  • United States is reportedly launching a series of secret cyberattacks against Russia in retaliation for its alleged involvement in the widespread SolarWinds attacks; it is also considering retaliation against China for the alleged MS Exchange server attack in March
  • security posture
  • cyberattacks will continue to increase - Cyber Criminal, State Sponsored, Hacktivism to name few
  • we should be responsible for each other - educate ourselves, don't keep findings in the closet
  • if you haven't been hit so far - it is only a matter of time
  • we must defend our presence in cyberspace as an extension of the defense of country's land
  • Zero Trust, Automatization & Orchestration, Delegation - key points
  • many small companies form part of a supply chain for critical infrastructure or public industries - it doesn't matter if you are a small company; if you're a part of critical supply chain - you are in a radar
  • another global conflict is inevitable and cyber warfare will play a pivotal part
  • we need to improve our cyber defenses, encourage and support new cyber talent
  • there is a demand for national cyber awareness program

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Active Directory Security: Why Do We Fail and What Do Admins and Auditors Miss? by Sylvain Cortes

  • AD is more than 20 years old - we didn't care of its security and now ransomware takes advantage of it
  • AD is used by almost every organization in the world
  • malicious actors can safely assume you are using AD - 60% of new malware include specific code that targets Active Directory
  • ransomware context
  • objectives to compromise: data privacy, data integrity and data availability
  • popular misconceptions:
  • ransomware is not created by some kids in garage, but is operated by well-organized professional groups
  • "we are small organization, our data is not valuable" - false, the first part of attack is not targeted to anything, it is automated process
  • using AV/EDR is sufficient - false, one of the first steps of ransomware attack is to disable local defenses
  • conventional tools are ineffective
  • AV/EDR can be fooled by changing signature (couple of bytes difference throws the detection off)
  • SIEM - too many logs to catch relevant information, also some malicious actions doesn't create any entries
  • Attack Detection is not enough - you should prevent the attack
  • AD security must act in real time and prevent attacks
  • first fix Windows non-patched CVE + fix AD misconfigurations

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Smarter Security Operations with a Hybrid SOC by Jaimon Thomas, Sinu Peter

  • challenges with traditional outsourcing models
  • standardized operating and commercial models
  • SLA-driven rather than KPI-driven
  • absence of incident handling support
  • shift of accountability
  • continuously baseline and fill detection and response gaps
  • have an agile process to keep up with changing attacker techniques
  • be aligned to industry frameworks for more accurate benchmarking
  • you need right people, process and technology to do this without relinquishing control to a 3rd part provider

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Cloud Native Application Security: Embracing Developer-First Security for the Cloud Era by Guy Podjarny

  • everyone wants to be a tech company
  • DevOps relies on independent teams
  • we need a new approach to Application Security - proposing a Dev-First Cloud Native Application Security
  • developers like developer tools; to encourage them to use secure solutions in their job, we must adapt software to their workflow
  • security audits, developers fix
  • security transformation is a must for all

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Why Ransomware Prevention Demands a Multi-layered, “Prevention First” Approach by Justin Vaughan-Brown, Matt Logan

  • companies are most afraid of ransomware, quickly followed by zero-day attacks
  • why ransomware grown to become headline issues?
  • Ransomware-as-a-Service
  • global pandemic
  • threat vectors expanding
  • double extortion
  • threats being missed in the noise
  • threat landscape is evolving
  • on average, 80% of successful breaches are zero-day attacks
  • only 12% of ransomware attacks are prevented
  • steps to take
  • isolate the compromise host on the network
  • track and record of endpoint activities
  • review the timeline and activities of events
  • collect and document additional threat indicators
  • if it is possible, quarantine and remove the threat
  • we are seeing a growing pattern that malicious party asks for ransom to unlock the files/machines and simultaneously sells the data on the dark web
  • deep learning is a subset of machine learning (subset of AI) which makes the computation of multi-layer neural network feasible
  • deep learning solves the biggest ML weakness - low noise are causing increase in false positives from manual feature engineering
  • ML: accuracy with unknown threats 50-70% with 1-2% of false positives
  • Deep Neural Networks: accuracy with unknown threats 99% with 0.1% of false positives from raw data

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Additional readings

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This is a part of Infosecurity Europe 2021 series. Follow the links below to read about other days.

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