@bittrapsec

Helping companies detect attackers, prevent data exfiltration and avoid ransomware by deploying risk-adjusted bounties. Free trial 👉 https://xitter.cf/t.co/LWmW8Oalf3

 Singapore, USA, Argentina
bittrap.com
Joined April 2020
  • Tweets164
  • Following4
  • Followers208
21Media
The perfect cybersecurity storm has accelerated in the past years. Companies growing and/or experiencing huge turnovers, an escalating number of unmanaged devices accessing sensitive data, and remote work becoming mainstream make it an ideal environment for attackers.
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At Bittrap we are developing a new SaaS platform specifically designed to address this problem, and we need your help as we make the final touches. Reaching out to cybersec pros, experts, and leaders concerned about this issue to share their ideas about our approach. DM us!
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Thanks to everyone at @Ekoparty for an amazing time yesterday! Our CTO @AFutoransky attended a discussion panel with @marianonunezdc, @coinfabrik, @pentasecsystems, and @llopatin, sharing their previous experiences, struggles, and thoughts for the future. See you next time!
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A popular concept in cybersecurity states that as more resources are available, better protection can be reached by extended investment. However, @andresrieznik latest article, research of over 90 hacked DeFi protocols, may be indicating otherwise. bit.ly/3SVsOIl

BitTrap Securityk

BitTrap monitors remote workers devices to provide early alarms with zero false positives, and no additional computational cost.

bittrap.com
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DeFi protocols are showing that as TVL (total value locked) increases, cybersecurity can only grow up to marginal returns in protection. This could become a shifting paradigm for cybersecurity, as traditional views and strategies may not be sufficient.
Advances in Machine Learning are expanding our frontiers and possibilities in many fields, including cybersecurity. However, a deep dive is required to understand its limitations, risks, and implications.
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@SeniorWata shares examples and insights on why, despite many promising advances, we need to remain cautious about the future. Let us know your thoughts about the article! bit.ly/3qJ0Gg8
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The expansion of the digital age has geometrically increased the use of computer devices, especially among corporations. With this extended usage, threats have multiplied, while the detection strategies reached a point of saturation that makes real security advances marginal.
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BitTrap’s researcher @SeniorWata shares with us a categorization of some of the most popular tools for risk management in cybersecurity while presenting new approaches that could help avoid the never-ending arms race in the category. bit.ly/3BT7rCM

BitTrap Securityk

BitTrap monitors remote workers devices to provide early alarms with zero false positives, and no additional computational cost.

bittrap.com
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Companies must figure out where a hacker will most likely attack, how, and why. However, as straightforward as this plan might sound, it's getting more complex every minute.
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Hackers today are more sophisticated than ever, and organizations must be aware of decoys and distractions. Check out @gordonfeller 's latest post in @LeadersEdgeMag magazine, with contributions from our founders @jony_altszul and @AFutoransky bit.ly/3PE4iuv

Katie, Bar the Door | Leader's Edge Magazine

Understanding the motivations and methods of hackers.

leadersedge.com
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Inverse Finance suffered an oracle price manipulation exploit allowing a hacker to steal about $1.3 million. This attack is the second to impact the DeFi protocol in two months, as the one in April led to the loss of $15.6 million. bit.ly/3n7CRwt

Inverse Finance suffers another attack; Hacker steals $1.3 million, causes $5.8 million protocol...

Inverse Finance said an exploit allowed a hacker to steal about $1.3 million, resulting in a loss of $5.8 million for the protocol.

cryptoslate.com
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[1/2 ] Cybercriminals claim to have breached the systems of a Foxconn factory in Mexico and demand more than $34 million dollars in bitcoin. The attackers used LockBit 2.0 ransomware and are threatening to release the stolen information on June 11. securityweek.com/ransomware-…

Ransomware Group Claims to Have Breached Foxconn Factory

Cybercriminals claim to have breached the systems of an important Foxconn factory in Mexico and they are threatening to leak stolen files if the company doesn’t pay a ransom.

securityweek.com
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This is not the first time Foxconn has been hit by ransomware, as they were targeted by DoppelPaymer ransomware group in 2020. As ransomware attacks are expanding their impact and reaching every industry; companies should consider a major change in their cybersec strategy.
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Cybercrime is becoming more pervasive every day, as the complexity of the technological ecosystem grows. This has been driving the professionalization of the threat actors during the last decade, adjusting and optimizing their businesses.
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This reality is forcing companies to reconsider their approach to cybersecurity, moving towards a more mature reality where the possibility of a breach is always feasible. Join @andresrieznik in his latest post to discover more about his findings. bit.ly/3M6gWjw

BitTrap Securityk

BitTrap monitors remote workers devices to provide early alarms with zero false positives, and no additional computational cost.

bittrap.com
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A massive data breach has exposed nearly 500k Chicago Public Schools students records. The attack targeted a company that has a no-bid contract with the school system for teacher evaluations, involving basic information. bit.ly/3z38EGk

Massive CPS data breach exposes records of 560,000 students, employees

The staff and student information was exposed after a CPS vendor was targeted in a ransomware attack on Dec. 1, the district said.

chicago.suntimes.com
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Public organizations are reshaping their thoughts regarding cybersecurity, as traditional solutions fall short when facing attackers’ ever-evolving strategies. What if a complementary perspective, beyond a defensive-only approach, could provide a higher level of protection?
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Top Aces, a Canadian airborne training company with major national Air Forces as customers, confirmed it had been hit by a ransomware attack by LockBit group. bit.ly/3yLrPnE

Canadian fighter jet training company investigating ransomware attack

Top Aces, which provides adversary aircraft used in fighter jet pilot training, showed up on the leak site for the LockBit ransomware group.

therecord.media
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LockBit continues to be one of the most prolific ransomware groups working, with hundreds of attacks over 2021. They have attacked at least 650 organizations so far this year.
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