CISO Talk by James Azar
CyberHub Podcast
SolarWinds Hack Results in Disclosure Fines, Samsung ZeroDay, Tik Tok Intern Trouble, NotLockBit
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SolarWinds Hack Results in Disclosure Fines, Samsung ZeroDay, Tik Tok Intern Trouble, NotLockBit

SEC Crackdowns, Insider Threats, and Emerging Ransomware: What Cybersecurity Pros Need to Know. In this episode of CyberHub Podcast, James Azar dives into the latest SEC settlements & more

James Azar kicks off this episode of the *CyberHub Podcast* with his signature "coffee cup cheers," highlighting a packed show featuring updates on TikTok, SEC settlements, multiple zero-day vulnerabilities, and emerging reports on the cybersecurity landscape.

Broadcasting live from Atlanta, GA, he encourages viewers to explore his latest Substack article comparing the cybersecurity policies of President Donald Trump and Vice President Kamala Harris, setting the tone for a deep dive into today’s key topics.

SEC Settlements on SolarWinds Breach Fallout

The SEC reached settlements with four tech companies—Avaya Holdings, Checkpoint, Mimecast, and Unisys—related to the SolarWinds breach. These companies were accused of misleading investors about the breach's impact. Unisys paid a $4 million penalty, while others paid around $1 million. Although these companies denied wrongdoing, Azar criticized the SEC's aggressive stance, arguing that victims of cybercrime should not be punished while real perpetrators evade justice.

TikTok Insider Threat

ByteDance, TikTok's parent company, fired an intern for allegedly sabotaging an AI training session, causing significant internal disruptions. While the company claims the damage was minimal insiders share with Azar the damage to the AI training models to be in the tens of Millions of Dollars. Azar emphasizes the importance of thorough background checks and alignment of employee values with company goals to prevent insider threats.

Action Item for Cybersecurity Pros

Implement stringent background checks and continuously monitor insider activity, particularly for employees with access to critical systems.

Samsung Mobile Vulnerability – CVE-2024-44068

Google's Threat Analysis Group (TAG) uncovered a zero-day vulnerability in Samsung mobile processors that could allow arbitrary code execution. This vulnerability, part of Samsung's October 2024 patch, impacts various Exynos processors. A warning has been issued to ensure immediate patching.

“An issue was discovered in the m2m scaler driver in Samsung Mobile Processor and Wearable Processor Exynos 9820, 9825, 980, 990, 850, and W920. A use-after-free in the mobile processor leads to privilege escalation,” a NIST advisory reads.

Action Item for Cybersecurity Pros

Prioritize patching the CVE-2024-44068 vulnerability across Samsung mobile devices to mitigate exploitation risks.

Microsoft SharePoint Vulnerability – CVE-2024-38094

CISA is warning of an active exploit and urging everyone to address a remote code execution vulnerability in Microsoft SharePoint (CVE-2024-38094) is actively being exploited. This issue allows an authenticated attacker to execute arbitrary code, posing a significant risk to organizations using SharePoint.

Action Item for Cybersecurity Pros

Apply the latest Microsoft patches and ensure that proper access control measures are in place to limit exposure.

“NotLockBit” Ransomware Targeting macOS

A new ransomware strain, dubbed "NotLockBit," is targeting macOS systems, mimicking the infamous LockBit malware. This is one of the first fully functional ransomware attacks designed for macOS, employing double extortion techniques and encryption strategies to lock users out of their data. The extension used is .abcd in this malware and its written in Go.

Action Item for Cybersecurity Pros

Monitor macOS environments for unusual activity, especially ransomware indicators. Partner with MDR/XDR teams to ensure comprehensive ransomware protection.

SANS 2024 ICS and OT Cybersecurity Report

SANS released its latest report on the state of operational technology (OT) and industrial control system (ICS) cybersecurity. While detection capabilities have improved, the lack of effective incident response plans remains a significant concern. Ransomware continues to impact critical infrastructure, with non-ransomware incidents on the rise.

Action Item for Cybersecurity Pros

Review and update incident response plans, especially in ICS/OT environments. Focus on cross-network vulnerabilities and prioritize safety alongside cybersecurity measures.

Russian DDoS Attacks on Japanese Industry

Russian hacking groups ZeroFiveSeven and Russian Cyber Army have launched DDoS attacks on Japanese logistics and shipbuilding firms. These attacks are seen as a response to Japan's increasing defense spending and military collaborations with regional allies.

Action Item for Cybersecurity Pros

Strengthen DDoS defenses, particularly for industries like logistics and manufacturing, which are critical to national infrastructure.

U.S. Cyber Command Overhaul

U.S. Cyber Command is set for a relaunch following an internal review. The study suggests the creation of a warfare innovation center, a talent management task force, and new recruitment models to ensure readiness in future cyber conflicts.

Action Item for Cybersecurity Pros

Stay informed on changes in government cybersecurity strategies, as these shifts may influence partnerships between public and private sector cyber teams.

Closing Thoughts

Azar wrapped up by encouraging cybersecurity professionals to stay vigilant, keep updated with the latest vulnerabilities and reports, and leverage these insights to inform their cybersecurity strategies. He emphasized the importance of engaging with the community through platforms like Substack for deeper analysis and discussion.

Actionable Summary for Cybersecurity Professionals:

  • Focus on accurate reporting and transparency regarding breaches.

  • Ensure background checks and security controls for insider threat mitigation.

  • Patch Samsung and Microsoft vulnerabilities immediately.

  • Increase ransomware detection efforts, especially for macOS environments.

  • Strengthen incident response plans in OT environments.

  • Prepare for DDoS attacks, especially in critical industries like logistics.

  • Follow developments in government cybersecurity strategies to anticipate future changes.

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✅ Story Links: 

https://www.wsj.com/articles/u-s-fines-tech-companies-over-disclosures-related-to-solarwinds-hack-e08fedc8?tpl=cs&mod=hp_lead_pos1

https://nypost.com/2024/10/21/business/tiktok-owner-fires-intern-who-maliciously-interfered-with-ai-project/

https://www.securityweek.com/google-warns-of-samsung-zero-day-exploited-in-the-wild/

https://www.securityweek.com/cisa-warns-recent-microsoft-sharepoint-rce-flaw-exploited-in-attacks/

https://www.securityweek.com/notlockbit-ransomware-can-target-macos-devices/

https://www.bankinfosecurity.com/ics-detection-improves-response-still-lacking-a-26584

https://www.darkreading.com/cyberattacks-data-breaches/russia-linked-hackers-attack-japan-govt-ports

https://therecord.media/cyber-command-2-0-project-progress-military-congress

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CISO Talk by James Azar
CyberHub Podcast
Today’s top cybersecurity news and the latest from Practicing CISO James Azar, tune in to hear how practitioners read, view and work after hearing the latest headlines and how these stories help keep practitioners sharp and ready.