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Sophos launches Sophos intercept X for server to block cyber attacker

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NEW DELHI: Sophos has announced Sophos Intercept X for Server, next-generation server protection with predictive deep learning technology that provides constantly evolving security against cyber threats.

Sophos’ deep learning neural networks are trained on hundreds of millions of samples to look for suspicious attributes of malicious code and prevent never-before-seen malware attacks.

SophosLabs research indicates that 75 percent of malware found in an organization is unique to that organization, indicating the majority of malware is previously unknown.

A recent Sophos survey reveals that two-thirds of IT managers worldwide don’t understand what anti-exploit technology is, leaving their organizations vulnerable to data breaches. Once inside a network, cybercriminals can use persistent and lateral moves to target and takeover servers to access the high-value data stored there, such as personally-identifiable information (PII), banking, tax, payroll and other financial records, proprietary intellectual properties, shared applications – all of which can be sold on the Dark Web or used for other types of attacks and monetary gain.

Servers can also suffer collateral damage from ransomware and run-of-the-mill cyberattacks. Attacks reaching servers can be more devastating to a business than attacks on endpoints, due to the critical data they hold.

Sophos demonstrates hacking and advanced exploit techniques that cybercriminals use in this Video of How Active Adversaries Attack in Real-Time (also found on Sophos.com/Servers).

“Servers are the bullseye for cybercriminals because they store valuable information and have a broader, system-wide organizational purpose than individual endpoints. An entire company could get potentially wiped out if cybercriminals infiltrate its servers with ransomware or malicious code, or exploit vulnerabilities to gain access. Once breached, attackers can get deep in the network and have the ability to do some serious damage, as well as exfiltrate data,” said Sunil Sharma, Managing Director Sales for Sophos India & SAARC.

“Cybercriminals use stolen information for their own spear-phishing campaigns and crime sprees, or they could resell it at a premium price on the Dark Web or to a private network of buyers. Sophos threat experts have seen access to compromised servers for sale on the Dark Web, in addition to the poached data itself – a bonus for cybercriminals, but a double whammy for businesses,” he added.

Attackers also use breached servers as proxies to redirect traffic to malicious websites and are now installing cryptominers on server farms and cloud accounts, so they can generate crypto-currencies by stealing a company’s CPU, RAM, electricity, and other resources. The motives of cybercriminals based on how servers are utilized, what’s stored there and what can be leveraged for multiple crimes underscores the need for predictive, server-designed security with advanced anti-exploit technology that helps protect even unpatched systems.

“According to The Dirty Secrets of Network Firewalls research conducted by Sophos, 89 percent IT managers in India opined that stopping malware threats have become harder over the last year and only endpoint or firewall is not sufficient to protect our data. It’s time we realize that servers are critical infrastructure, but they are often overlooked in the endpoint strategy of many companies,” said Sharma.

“It’s not enough to simply install traditional endpoint protection on servers because they demand additional tools and features, such as cloud workload discovery, including Microsoft Azure and Amazon Web Services, and protection to mitigate risk from rogue or forgotten IT assets. The survey also said that 65% Indian respondents completely agree that their current defenses are not sufficient to block cyber threats – be it network, endpoint or server. Server-specific protection is necessary to a successful layered security strategy to reduce the risk of a data breach. Combined with Sophos’ Synchronized Security intelligence sharing and easy management from our Sophos Central dashboard, Intercept X for Server is a powerful addition that helps defend businesses from becoming the next victim,” he added.

The need for server protection exists in organizations of all sizes, with smaller businesses being potentially at more risk than larger, better resourced enterprises as Frank Dickson, research vice president, Security Products with IDC commented, “The small- and mid-sized markets (SMBs) face challenges for server protection as they need the same level of protection as their enterprise counterparts, yet protection must be in an extremely easy to use offering,”

“Additionally, sadly, SMBs are too often tempted to use under powered, inappropriate PC endpoint offerings to protect servers as a way to save cost, forcing SMB server security vendors to provide compelling, affordable offerings that are also appropriate for a smaller or understaffed IT department,” Dickson added

Regarding Sophos’ approach directly, Dickson continued, “Sophos addresses the ease-of-use factor by integrating their products on Sophos Central, so there’s one dashboard for Partners and customers to manage each security layer regardless of being on premise or in the cloud. The new Intercept X for Server significantly advances server protection with deep learning, anti-exploit and other key technology elements. The anti-exploit technology has a client right on the server, a necessary requirement based on the manner in which hackers leverage server vulnerabilities to breach systems. Given the readily available and inexpensive exploit kits for sale on the Dark Web, even cybercriminals with little expertise can launch powerful attacks, making sophisticated, server specific protection a fundamental requirement.”

“Sophos understands that servers need their own set of security criteria, like the lockdown feature in the current server solution, and the new ability to discover cloud workloads. Many of Riverlite’s clients, companies with under-staffed IT personnel, require us to keep cloud deployments secure and free from disruption,” said Simon Barnes, principal consultant at Riverlite in St. Neots, Cambridgeshire, UK.

“Having assets in the cloud or migrating and using public clouds can be daunting to any business. It’s important that MSPs have the right security in place to protect these ‘invisible’ servers, which are easily forgotten from an overall security strategy. This type of exposure weakens a company’s security posture. If any unprotected server is attacked it can wreak havoc on an entire business. We’re looking forward to upgrading and adding Intercept X for Server to our customers’ security portfolios,” added Barnes.

Syndesi is a Managed Service Provider (MSP) with particular interest in the unique cyber security challenges faced by the education sector, including data theft, disruption of operations and compromised technology assets. “For attackers, K-12 schools are a particularly attractive target because they store and handle the personal data of students, parents and staff. Many school districts are vulnerable due to budgetary constraints or limited IT resources, making them an easy target,” said Paul Gibbs, vice president of Syndesi Solutions, based in Athens, Alabama.

“An integrated, layered security system that stops ransomware, malware and data theft is paramount. We can now add Intercept X for Server with deep learning technology and Synchronized Security to strengthen the protection of sensitive assets stored on school servers and at other customer sites. We’ve already seen situations where Sophos Intercept X has blocked ransomware on endpoints almost immediately after its first appearance. If servers are hit with ransomware or malware, it’s devastating, so we’re excited for this quick response and the synchronized intelligence-sharing at the server layer as well,” added Gibbs.

Sophos Intercept X for Server is available from registered Sophos partners worldwide. Additional information can be found on Sophos.com.

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Mobile tariff hike:Congress blames NDA government for Rs 34,824 crore burden on public

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NEW DELHI: Hitting out at the NDA-led Narendra Modi government over three private firms increasing mobile service tariffs, the Congress on Friday accused it of “fleecing” 109 crore cell phone users and asked how can the firms be permitted to unilaterally increase rates without any oversight and regulation.

Congress general secretary Randeep Surjewala said it may be Modi 3.0 but the thriving of “crony capitalism” continues.

The Narendra Modi government is fleecing 109 crore cell phone users by sanctioning profiteering by private cell companies, he said at a press conference at the AICC headquarters here.

“Effective July 3, the three private cell phone companies, i.e. Reliance Jio, Bharti Airtel and Vodafone Idea, have increased their tariffs by an average of 15 per cent. The three private cell phone companies have a market share of 91.6 per cent, or 109 crore cell phone users out of a total of 119 crore cell phone users as on December 31, 2023,” Surjewala said.

The total additional yearly payment from the pockets of the common man and woman of India seeking connectivity is Rs 34,824 crore, he said, citing TRAI.

Cell phone market in India is an ‘oligopoly’ – Reliance Jio (48 crore cell phone users), Airtel (39 crore cell phone users), Vodafone Idea (22.37 crore cell phone users), Surjewala said.

Out of these, Jio and Airtel have a customer base of 87 crore making them a virtual duopoly, he said.

Effective July 3, 2024, Reliance Jio has increased its cell phone user’s charges from 12 per cent to 27 per cent and the average increase is 20 per cent, Surjewala said.

Effective July 3, 2024, Airtel has increased its cell phone user’s charges from 11 per cent to 21 per cent with the average increase being 15 per cent, he said.

Effective July 4, 2024, Vodafone Idea has increased its cell phone user’s charges from 10 per cent to 24 per cent with the average increase being 16 per cent, Surjewala said.

“Two things stand out ‘“ Firstly, the date of announcement of increase of tariffs, appears to be clearly in consultation with each other by the three private cell phone companies. Secondly, the date of effective implementation of increased tariffs is the same,” he said.

Surjewala claimed that the additional per year burden of tariff increase is Rs. 34,824 crore for 109 crore cell phone users of these three private cell phone companies.

How can private cell phone companies be permitted to unilaterally increase cell phone tariffs by Rs 34,824 crore annually without any oversight and regulation by the Modi government, he asked.

Surjewala also asked why have the Modi government and Telecom Regulatory Authority of India (TRAI) abdicated their duty and responsibility towards 109 cell phone users.

“Wasn’t the increase in cell phone prices withheld till the conclusion of the Parliament elections as the Modi government would have been questioned on the justification for burdening 109 crore cell phone users and fleecing them of an extra Rs 34,824 crore?” Surjewala said.

Did the Modi government or TRAI conduct any study on need of CAPEX or impact on profitability by purchase of spectrum through auction after taking into account the previous set of concessions on AGR payable under Telecom Policy, 1999 or deferring of “Spectrum Auction Installments” by Modi 2.0 on November 20, 2019 or other related factors, he asked.

“How can all Private Cellphone Companies increase their average tariffs by the same range of 15per cent-16per cent, despite the fact that their profitability, investment and CAPEX requirements are completely different? Why is the Modi government is then turning a blind eye to the same?” Surjewala said.

“Isn’t it correct that the Supreme Court of India, in “Delhi Science Forum versus Union of India” clearly stated that ‘the central government and the Telecom Regulatory Authority have not to behave like sleeping trustees, but have to function as active trustees for the public good’?” he said.

Surjewala asserted that the prime minister must answer to the people of India, including the 109 crore affected cell phone users.

Bharti Airtel last month announced a 10-21 per cent hike in prepaid and postpaid mobile tariffs from July 3, a day after larger rival Reliance Jio announced an increase in rates.

Later that day, loss-making telecom operator Vodafone Idea (Vi) also announced its plan to raise mobile tariffs by 11-24 per cent from July 4.

Source: Press Trust of India

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Indian Tech Startups Surge Ahead with $4.1 Billion in Funding for H1 2024

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NEW DELHI: Indian tech startups have secured an impressive total of $4.1 billion in funding during the first half of 2024, reflecting a 4% increase from the latter half of 2023, according to Tracxn’s latest report. Although this figure represents a notable decline from the $4.8 billion raised in H1 2023, India continues to hold its position as the fourth-highest funded country globally.

The United States remains the leader in overall funding volumes, followed closely by the UK and China. Tracxn’s India Tech Semi-Annual Funding Report H1 2024 offers insights into funding trends, sectoral performances, and major developments within the Indian technology sector for the specified period.

Notable increases were observed in seed-stage funding, which climbed to $455 million, marking a 6.5% rise from H2 2023 but a 17.3% decline from H1 2023. Late-stage funding also saw a modest increase of 3.8%, amounting to $2.4 billion. The period also witnessed eight significant funding rounds exceeding $100 million each, including Flipkart’s $350 million and Meesho’s $275 million rounds.

 

Source: Press Trust of India

 

 

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Ericsson has been ranked as the leader in the Frost Radar 5G Network Infrastructure Market 2024

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For the fourth consecutive year, Ericsson has been ranked as the leader in the Frost
Radar™ 5G Network Infrastructure Market 2024 analysis, highlighting the impact of the
company’s strategy to meet the evolving needs of communications service providers (CSPs).
Maintaining top ranking in the Frost Radar™ report over the past years has shown that
Ericsson’s investments in R&D and across a wide product portfolio – which includes all areas
of 5G network infrastructure as well as previous generations of network infrastructure – is
valued in a market where technology is constantly evolving.
The report has also acknowledged Ericsson’s sustained focus on offering the latest and
lightest energy-saving products and solutions. It also touched on the company’s Open RAN
plans.
Fredrik Jejdling, Executive Vice President and Head of Networks at Ericsson, says: “The
latest Frost Radar report highlights our unwavering commitment to innovation and technology
leadership through the most competitive portfolio. In a challenging market, we remain
focused on our customers and move forward with even greater determination.”

Commenting on Ericsson’s top ranking, Troy Morley, Industry Principal, at Frost & Sullivan’s
Information & Communication Technology group, says: “Ericsson has done an excellent job
keeping its current customers and adding new customers, including significant replacement wins over competitors. Ericsson has a significant pipeline of customers that have yet to move
to 5G but will over the coming years.”


Ericsson currently powers *160 live 5G networks in 68 countries, which is the highest level
that Frost & Sullivan has seen publicly reported.
“Ericsson’s strategy continues to center on CSPs’ evolving needs in all areas of the world,”
Morley says. “However, with its 2020 acquisition of Cradlepoint, Ericsson also is expanding
its role with enterprise customers.”

The report has also discussed the importance of the open and virtual RAN movement and
the belief that eventually open and virtual RAN will be the norm. “Ericsson’s step into offering
Open RAN solutions in 2024 will help make this movement a reality,” Morley says. “The
company plans to offer O-RAN-compliant solutions in 2024; Frost & Sullivan believes this will
result in significant growth in open and virtual RAN revenue.”

Commenting further on the report, Morley says: “Energy efficiency has been a buzzword for
a few years and Ericsson continues to tout solutions that are smaller and lighter and that
save energy, answering its customers’ needs. This will continue with its traditional RAN
solutions and accelerate with its new Open RAN offerings.”

The Frost Radar report measures growth rates in addition to absolute revenue and combines
them with several other factors to measure companies’ performance along the Growth Index.
The report also measures innovation for each company by assessing its product portfolio, the
scalability of its innovations, the efficacy of its R&D strategy, and several other factors.
The latest report from business consulting firm Frost & Sullivan reaffirms Ericsson’s
leadership in the 5G network infrastructure market, which spans radio access networks
(RAN), transport networks, and core networks.

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