Destruction of Service (DeOS), Cisco sounds the alarm. First it was Denial of Service (DOS), then came Distributed Denial of Service (DDOS), then Ransomware and now, DeOS? As enterprises and consumers move to cloud infrastructures, this term will no doubt become mainstream very soon and very quickly. The Cisco 2017 Midyear Cybersecurity Report recently published the term as one of the newest forms of cyber-attacks that InfoSec and IT teams will be dealing with on regular basis. Obviously, given the success of its predecessors (DOS, DDOS), and the proliferation of the Internet of Things (IoT), Cisco is sounding the alarm that this is becoming the “new strategy” that “adversaries now seek to eliminate the safety net that organizations rely on to restore their systems and data following malware infestations”. No doubt, this builds on the success achieved by “ransomware campaign”. Although Cisco researchers don’t yet know how successful DeOS will become, they can predict that the emerging IoT could become a playground for this malware. You can download a copy of the Cisco report at Cisco 2017 Midyear Cybersecurity Report
Who is Safe? In a June 2017 cost of security data breach study by IBM and Ponemon Institute, the cost of data breaches is going down, however, breaches are becoming more frequent. Just as you were figuring out the news about the Equifax hack, Wholefoods grocery Stores announces that it is the latest victim of credit card security breach. According to the reports from the grocery chain giant, it is investigating a breach of its credit card systems at certain locations after the company was hacked. Not all of its distribution chains appear to have suffered this breach. Initial reports indicate that the breach appears to be limited to those Wholefood stores that have taprooms and full table-service restaurants. The company's primary checkout systems for the retail-only stores were not involved in the breach. Apparently, those locations use different point of sale (POS) systems.
Take the following steps to ensure the safety of your Identity and Credits Cards:
1. Use a credible credit monitoring agency to review your credit report on regular basis, watch for any irregular activity
2. Change your password at regular interval (every 6-9 months)
3. Don’t give out your password over the phone or chat window
4. If possible, use a password manager to safe guide your password
5. Where available use smartphones or EMV for payments
For years, traditional wisdom has always been that large corporations are the primary target for hackers. This thinking stemmed from the understanding that motivations for hackers has evolved over the years to focus on monetary gain. In the early 2000’s, the motivation for hackers was to gain knowledge and discover what their true capabilities were. As time progressed, hackers figured out that there was tremendous opportunity for monetary gain.