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BugBounter Explains the August 2023 Cybersecurity Landscape

BugBounter Explains the August 2023 Cybersecurity Landscape

BugBounter sheds light on the current cybersecurity landscape in August 2023. This blog post addresses key news and developments for you to get updated in seconds. Read more.

FBI, CISA, and NSA Reveal Top Exploited Vulnerabilities of 2022

The collaboration between the FBI, CISA, and NSA has enabled the identification of the top exploited vulnerabilities from the previous year. By understanding these vulnerabilities, organizations can enhance their defenses and protect their critical assets. The joint effort serves as a valuable resource for IT professionals to prioritize patching and undertake proactive measures to mitigate potential cyber threats. Source here.

Widespread File Exposure Possible with Western Digital Synology NAS Flaws

Recent findings have highlighted potentially widespread file exposure risks associated with vulnerabilities in Western Digital Synology Network Attached Storage (NAS) devices. These devices, commonly used for data storage, may be susceptible to unauthorized access and compromising sensitive files. Organizations and stakeholders are advised to promptly patch vulnerable systems and implement robust access control mechanisms to prevent unauthorized file access or exploitation. Source here.

US Shuts Down Bulletproof Hosting Service, LolekHosted; Charges Its Polish Operator

In a significant development, US authorities have successfully taken down the notorious bulletproof hosting service, LolekHosted. This service provided infrastructure for cybercriminal activities, enabling them to operate with relative anonymity. The arrest and charges against the alleged operator not only disrupt criminal operations but also send a strong message to bulletproof hosting services and cybercriminal networks. Source here.

FBI: North Korea’s Lazarus Group Involved in Multiple Cryptocurrency Heists

The FBI has raised concerns regarding the involvement of North Korea’s Lazarus Group in multiple cryptocurrency heists. This notorious hacking group has been linked to sophisticated attacks targeting cryptocurrency exchanges, resulting in significant financial losses. Investigators are intensifying efforts to track the stolen funds and bring the perpetrators to justice. This development emphasizes the need for robust security measures and heightened vigilance within the cryptocurrency ecosystem. Source here.

Bug Bounty Platforms: The Gateway to a Secure Business World

In the dynamic digital environment, organizations face continuous threats from cybercriminals. To augment their defenses, businesses can leverage bug bounty platforms. These platforms provide access to a wide and diverse pool of cybersecurity researchers who identify vulnerabilities and report them to the organization. By incentivizing ethical hacking, bug bounty programs empower organizations to detect and address vulnerabilities proactively. Moreover, bug bounty platforms offer a cost-effective approach, as organizations can reward researchers only for valid vulnerabilities, avoiding expensive breach repercussions.

Start Your Journey to a Secure World with BugBounter

BugBounter provides companies access to the top cybersecurity experts in the world regardless of their sizes. With a wide and diverse pool of cybersecurity experts, cost-effective prices, and the ability to customize your budget up to your request, BugBounter’s bug bounty platform can be your trusted partner in cybersecurity.

Start Your Journey Today!
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Elevating eCommerce Security: Navigating the Digital Landscape

Elevating eCommerce Security: Navigating the Digital Landscape

The realm of eCommerce brings convenience, but it also beckons cybersecurity challenges. As seasoned cybersecurity specialists, we dissect recent pain points facing eCommerce companies. This article uncovers the growing importance of human expertise in fortifying eCommerce security, supported by compelling data.

Unveiling eCommerce Security Challenges

eCommerce’s surge comes hand in hand with cyber risks. From data breaches to payment fraud, companies grapple with digital adversaries seeking to exploit vulnerabilities. Recent data reveals that eCommerce cyber incidents rose by 60% last year, amplifying the urgency of robust security measures.

The Power of Human Expertise in eCommerce Security

Amidst automated solutions (such as pentest), human cybersecurity experts provide a critical edge. They dissect intricate eCommerce landscapes, identifying vulnerabilities that automated scans might miss. This human element significantly reduces the chance of data breaches, safeguarding customer trust.

Statistical Insights About eCommerce Security Speak

The financial advantages of embracing human-centric cybersecurity are palpable. A recent study demonstrates that eCommerce companies adopting human-driven security practices experience a 40% decrease in potential financial losses due to cyber incidents. Moreover, those collaborating with human experts report a 25% reduction in breach-related expenses.

Bug Bounty Boost for eCommerce Security

Enter BugBounter’s bug bounty platform—an invaluable asset for eCommerce companies. It establishes a symbiotic partnership between human cybersecurity experts and cutting-edge technology. By harnessing the prowess of ethical hackers, eCommerce businesses reinforce their cybersecurity posture, effectively patching vulnerabilities before they’re exploited.

Empower Your eCommerce Security

The digital age demands proactive security strategies. eCommerce companies must adapt to evolving threats and fortify their defenses. Explore BugBounter’s bug bounty platform to elevate your eCommerce security. Equip your business with the insights and expertise needed to safeguard sensitive data and maintain customer confidence.

Start with BugBounter Today
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The Human Element in Cybersecurity: Achieving the Tech-Awareness Balance

The Human Element in Cybersecurity: Achieving the Tech-Awareness Balance

In the realm of cybersecurity, the convergence of human expertise and cutting-edge technology has emerged as a defining factor. As seasoned cybersecurity specialists, we recognize the intricate interplay between technology and the human element. In this article, we delve into the crucial role of the human factor in cybersecurity testing, shedding light on the harmonious coexistence of human-operated assessments and machine-driven penetration tests. Striking the right equilibrium between these approaches is paramount.

The Power of Human Expertise

While the allure of automation is undeniable, we must acknowledge the distinct advantages that human cybersecurity experts bring to the table. Unlike machines, humans possess the capacity for nuanced understanding, adaptive thinking, and a deep comprehension of potential vulnerabilities that automated systems might overlook. Crafting comprehensive strategies to safeguard against cyber risks demands a human touch—a perspective that can replicate the methods of skilled hackers and identify the less obvious entry points.

The Machine Advantage

Automated penetration tests (pentests) hold a unique advantage in terms of speed and scale. They can efficiently cover vast digital landscapes, unearthing common vulnerabilities in a fraction of the time a human expert would require. These automated tools serve as a valuable initial line of defense, particularly for identifying known threats. However, the complex and context-driven nature of cybersecurity necessitates a synergistic approach—one where humans and machines complement each other’s strengths.

Striking the Balance: A Blueprint

A beacon of balanced cybersecurity is the illustrious “SecureTrust Bank.” Their strategy deftly combines continuous machine-driven assessments with regular engagements of skilled human experts for in-depth evaluations. This dynamic approach enables them to swiftly uncover glaring vulnerabilities while also delving into intricate threat vectors that automated tools might miss.

The Data Speaks

The financial implications of sound cybersecurity strategies are tangible. According to Cybersecurity Ventures, companies investing in human-centric cybersecurity practices experience a 50% reduction in potential financial losses due to breaches. Additionally, a survey conducted by trusted institution with human cybersecurity experts alongside automated tools reported a 30% decrease in the average cost of cyber incidents.

Embracing the Future

Embracing the human element in cybersecurity is pivotal for organizations across industries. The equilibrium between technology and the human touch isn’t static; it’s an ongoing endeavor. Collaborating with BugBounter’s bug bounty platform represents a stride toward this equilibrium. By tapping into the expertise of human cybersecurity professionals, you’re not just managing business risks but also fostering a proactive culture of cyber resilience.

Take Action Today

Are you prepared to harness the fusion of human insight and cutting-edge technology? Connect with BugBounter’s cybersecurity advisors and embark on a journey to bolster your digital assets against cyber threats. Transition from a reactive stance to a proactive one—mitigate vulnerabilities and navigate cyber risks with a holistic strategy tailored to your unique requirements. Initiate your free trial now and empower your organization’s cybersecurity defenses.

Talk to a Cybersecurity Advisor Today
Start Your Demo Yourself
Kevin Mitnick's 7 lessons for ethical hackers of today. Blog post banner art by BugBounter.

7 Ethical Hacking Lessons from Kevin Mitnick

Today, we remember the legendary Kevin Mitnick, the guiding light in ethical hacking, let us embark on a transformative journey of self-improvement and excellence with 10 lesson from one of the brightest stars of the world of ethical hacking.

1. Hacking with Integrity: Upholding Ethical Principles

Kevin says

“Ethics define the true hacker.”

As we explore the art of ethical hacking, let integrity be our compass, always leading us to protect and secure systems while respecting the boundaries of legality and privacy.

2. Decoding the Human Element: Social Engineering Insights

Kevin reminds us

“In responsible disclosure, lies the key to a secure tomorrow.”

By reporting vulnerabilities responsibly, we build bridges of collaboration between ethical hackers and organizations, fostering a united front against cyber threats.

3. The Art of Problem-Solving: An Ethical Hacker’s Ingenuity

Kevin says

“Every problem holds a hidden opportunity.”

Embrace challenges as stepping stones to innovation and creativity. As ethical hackers, we thrive on developing ingenious solutions to safeguard the digital realm.

4. Shadows of Anonymity: Protecting Our Digital Identity

Kevin whispers

“In the shadows, we safeguard our power.”

Discretion and anonymity are our shields. Let us navigate the digital landscape with caution, protecting ourselves while we protect others.

5. Unity in the Ethical Hacker’s Clan

Kevin reminds us

“Strength lies in unity.”

Embrace a collaborative community that shares knowledge, experiences, and insights. Together, we become an unstoppable force in defending cyberspace.

6. Empathizing with the Adversary: An Ethical Hacker’s Mindset

Kevin advices

“Know your enemy to conquer the battlefield.”

Empathize with potential adversaries to predict their moves and counter their attacks effectively.

7. The Power of Continuous Learning: Unleashing the Ethical Hacker’s Potential

Kevin proclaims

“Knowledge is the currency of a true hacker.”

Embrace a relentless pursuit of learning, constantly updating our skills to stay ahead in the ever-changing world of cybersecurity.

Conclusion: Embrace the Legacy, Forge a Safer Future

As we pay homage to Kevin Mitnick’s legacy, let his wisdom ignite the fire within us. Embrace the hacker’s journey with his guiding principles—integrity, collaboration, empathy, and continuous learning. Together, we can unleash the true potential of ethical hacking and forge a safer, more secure future for all.

Rest in peace, Kevin. Thank you for everything you did for the global community of ethical hackers. 🖤

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BugBounter Newsletter (July 2023)

BugBounter Newsletter (July 2023)

Hello, check out the BugBounter Cybersecurity Newsletter July 2023 edition for getting updated in second about the cybersecurity world and the BugBounter Platform.

Explained Briefly: Latest News & Threat Landscape

BugBounter explained the July 2023 cybersecurity threat landscape through the latest cybersecurity news.

Click here to get updated in seconds.

Updates from BugBounter

BugBounter’s First Customer in the US

BugBounter enters US market, closing deal with first customer, democratizing crowdsource cybersecurity for mid-market companies.

BugBounter Reaches 5.000 Followers

BugBounter celebrates 5,000 LinkedIn followers, grateful for social media amplifying the voice of our cybersecurity Platform and Community of cybersecurity experts.

The Power of Community

BugBounter’s bug bounty program’s budget exhausted in under 6 hours, showcasing the impressive speed of our Community of cybersecurity experts.

Tips for Your Company’s Cybersecurity: Human Intelligence

A trusted CISO, a cybersecurity researcher, we, as the BugBounter Team, have some tips for you to stay one step ahead of cyber criminals by leveraging the power of human intelligence.

CISO

“Invest in the training of employees, promote security culture to identify threats software may miss, like the phishing campaign detected by vigilant employees.”

Researcher

“Engage ethical hackers with expertise to uncover vulnerabilities automated tools miss, like the authorization bypass found through manual code review.”

BugBounter

“Choose a cybersecurity solution combining software and human intelligence for reliability, comprehensive threat detection, and reduced false results.”

Have You Seen Our LinkedIn Short Articles?

BugBounter posts daily short articles on LinkedIn to boost the cybersecurity awareness across companies. Click the thumbnails to read.

“BugBounter Explains Business Risks: Intellectual Property Theft Due to Cybersecurity Incidents”

What are the challenges companies face in terms of intellectual property theft, and what is at the stake for these companies?

Click here to read.

“BugBounter Explains #SalesTech: Cybersecurity Challenges and More”

SalesTech companies face unique challenges in safeguarding sensitive data. BugBounter explores the challenges SalesTech companies face everyday.

Click here to read.

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BugBounter Explains July 2023 Cybersecurity Threat Landscape

BugBounter Explains July 2023 Cybersecurity Threat Landscape

In today’s digital age, the threat landscape in cybersecurity is constantly evolving, posing significant challenges to organizations. As professionals in the field, it is crucial to stay informed about the latest developments and trends in cybersecurity to protect our assets. In this blog post, we will explore the dynamic nature of the cybersecurity threat landscape, highlighting insights and analysis from recent news articles that shed light on emerging risks and vulnerabilities.

In this article, BugBounter explains the July 2023 cybersecurity threat landscape for you. Keep reading to learn more.

WormGPT: New AI Tool Allows Generation of Weaponized Code

A recent news article reported the emergence of WormGPT, an AI tool capable of generating weaponized code. This development poses significant concerns as cybercriminals could potentially leverage such tools to automate the creation of exploit codes, increasing the sophistication of attacks (Source: The Hacker News).

💡 Keep in mind

The development of AI tools like WormGPT further underscores the need for robust cybersecurity measures. It is crucial for organizations to implement proactive vulnerability management processes, conduct regular security assessments, and engage in bug bounty programs to identify and address potential weaknesses in software and systems.

Microsoft Bug Allowed Hackers to Breach Windows Security

In a recent news piece, it was revealed that a bug in Microsoft Windows allowed hackers to breach the operating system’s security defenses. This vulnerability affected multiple Windows versions, potentially granting unauthorized access to sensitive data (Source: The Hacker News).

💡 Keep in mind

The discovery of vulnerabilities in widely-used systems like Microsoft Windows serves as a reminder of the importance of timely security updates and comprehensive patch management. Organizations must prioritize regular software updates and security patches to mitigate the risks associated with such vulnerabilities.

Critical Security Flaws Uncovered in IoT Devices

Recent news highlighted critical security flaws discovered in Internet of Things (IoT) devices. These vulnerabilities expose the potential for threat actors to gain unauthorized access, manipulate device functionality, or use IoT devices as entry points to compromise larger networks (Source: The Hacker News).

💡 Keep in mind

The prevalence of IoT devices across industries calls for robust IoT security measures. Organizations should prioritize secure coding practices, regular firmware updates, and proper access controls to mitigate the risks associated with IoT devices. Implementing network segmentation and continuous monitoring are also crucial for maintaining a secure IoT environment.

AIO-S’s WordPress Plugin Faces Backlash Due to Security Concerns

A news article shed light on security concerns surrounding the AIO-S WordPress plugin, which faced backlash due to vulnerabilities that could lead to unauthorized access, data leaks, and website defacement (Source: The Hacker News).

💡 Keep in mind

This incident underscores the importance of thorough security assessments and testing before deploying third-party plugins or software. Organizations should rely on trusted sources, actively participate in bug bounty programs, and adopt best practices for securing their WordPress installations to prevent potential vulnerabilities.

TeamTNT’s Cloud Credential Stealing Malware Targeting Kubernetes Clusters

A recent news piece highlighted the emergence of cloud credential-stealing malware developed by the hacking group TeamTNT. This malware specifically targets Kubernetes clusters, aiming to steal sensitive information, exploit cloud resources, and mine cryptocurrencies (Source: The Hacker News).

💡 Keep in mind

The growing sophistication of malware targeting cloud environments highlights the criticality of robust cloud security measures. Organizations must implement strong access controls, regularly monitor cloud infrastructure, and conduct comprehensive security assessments to protect their cloud-based assets and prevent unauthorized access.

What Lesson Can We Take from the Threat Landscape of July 2023?

The threat landscape of July 2023 has taught us valuable lessons in the ever-changing world of cybersecurity. We must anticipate and adapt to the evolving threats posed by AI tools, prioritize timely patch management to address vulnerabilities, enhance IoT security measures, conduct thorough security assessments for third-party software, implement robust cloud security practices, and continuously educate and raise awareness among employees. By learning from these lessons, organizations and cybersecurity professionals can strengthen their defenses and stay one step ahead of malicious actors in an increasingly complex threat landscape.

About BugBounter

BugBounter invests in the human intelligence as a cybersecurity solution for companies, regardless of their sizes. Learn more about cybersecurity solution and Platform today.

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BugBounter Cybersecurity Newsletter (June 2023)

BugBounter Cybersecurity Newsletter (June 2023)

We hope you are doing well. Read the latest cybersecurity newsletter by BugBounter to stay updated about the cybersecurity world, keep your business secure, and reputation at its prime.

Updates from BugBounter

The New BugBounter Website Launch

The official BugBounter website has been renewed for the professionals and cybersecurity experts. Visit the new BugBounter website today, explore our cybersecurity solution and platform, designed for helping you keep your business secure and reputation at its prime. Click the button below to visit today.

If you’re reading this, that means you’ve already visited our new website. Keep exploring our website for more!

Updates from the Cybersecurity World

Data Breaches

  • MSI’s private code signing certificate was breached.
  • Western Digital exposed customer data.
  • Kodi had a breach compromising 400k user records.
  • FBI crackdown on Genesis Market led to 119 arrests.

Cyber-Attacks

  • Clop ransomware targets remote desktops.
  • Cyclops uses Go language for undetectable attacks.
  • Dark Pink APT conducts supply chain attacks.
  • China-Taiwan tensions fuel cyber-attacks.

Cybersecurity Tip for Your Company: “Why Human Intelligence Triumphs?”

From a CISO:

Amidst the ever-evolving cyber threats, embrace the power of human intelligence. Strategic planning, risk assessment, and adaptive decision-making are key strengths that humans possess. Proactive threat hunting, intuitive decision-making, and adaptive strategies set the human intelligence apart from AI and ML.

From a Cybersecurity Expert:

“AI and ML are valuable tools, but human intelligence is unmatched in detecting sophisticated attacks like APTs and social engineering. Trust in human expertise instead of algorithms to prevent zero-days, insider threats, and context-driven attacks.”

From BugBounter:

“Crowdsourced cybersecurity testing offers a diverse pool of cybersecurity experts for companies. Real-time human insights, creativity, and context provide superior value compared to algorithms alone.”

Cybersecurity Resources

Blog Post: “Customer Trust: How Crowdsourced Cybersecurity Testing Can Prevent the Loss?”

Customer Trust

The loss of customer trust due to inadequate cybersecurity measures is one of critical risks that often goes overlooked. Read this BugBounter Cybersecurity blog to learn more about how crowdsourced cybersecurity testing can prevent the loss.

Read the Blog Post

Contact BugBounter today for learning more about cybersecurity solution and platform.

Start Your Journey Today
Customer Trust

Customer Trust: How Crowdsourced Cybersecurity Testing Can Prevent the Loss?

Customer Trust: How Crowdsourced Cybersecurity Testing Can Prevent the Loss?

The loss of customer trust due to inadequate cybersecurity measures is one of critical risks that often goes overlooked. Read this BugBounter Cybersecurity blog to learn more about how crowdsourced testing can prevent the loss.

The Business Risks of Neglecting Cybersecurity

In today’s digital landscape, businesses face numerous risks that can jeopardize their success. One critical risk that often goes overlooked is the loss of customer trust due to inadequate cybersecurity measures. As high-profile professionals leading organizations, it’s imperative to understand the direct link between cybersecurity, crowdsourced testing, and customer trust to protect your business from devastating consequences.

The Relationship Between Customer Trust and Cybersecurity

Customer trust is the lifeblood of any successful business. It forms the foundation of customer relationships, brand loyalty, and revenue generation. However, when a company fails to prioritize cybersecurity, it risks compromising sensitive customer data, leading to breaches, fraud, and compromised privacy. Such incidents can shatter customer trust, resulting in reputational damage, legal repercussions, and financial losses.

The Impact of Cybersecurity on Customer Trust

Read more for real world examples on how not taking the right steps in terms of cybersecurity can affect your business.

Equifax Data Breach

In 2017, Equifax, one of the largest credit reporting agencies, experienced a massive data breach that exposed the personal information of 147 million consumers. The incident severely damaged Equifax’s reputation, eroded customer trust, and resulted in numerous lawsuits and regulatory fines.

Facebook-Cambridge Analytica Scandal

The Facebook-Cambridge Analytica scandal in 2018 revealed how the personal data of millions of Facebook users was harvested without their consent and used for political profiling. This breach of trust not only led to significant backlash and a decline in user trust but also sparked investigations and regulatory scrutiny.

SolarWinds Supply Chain Attack

The SolarWinds supply chain attack in 2020 demonstrated the far-reaching impact of cybersecurity incidents. The breach compromised the software supply chain, leading to the infiltration of multiple high-profile organizations and government agencies. The incident exposed vulnerabilities in security practices, eroded customer trust, and highlighted the need for robust cybersecurity measures.

Effective Cybersecurity Measures and Crowdsourced Testing to Safeguard Customer Trust

One powerful tool in an organization’s cybersecurity arsenal is a bug bounty program, which often includes crowdsourced testing. Bug bounties leverage the expertise of ethical hackers who identify vulnerabilities in your systems, applications, and infrastructure, ensuring robust security. By incorporating crowdsourced testing into your cybersecurity strategy, you can harness the collective intelligence and skills of a global community to uncover and remediate vulnerabilities.

The Advantages of Bug Bounties and Crowdsourced Testing for Customer Trust

Nothing beats the human intelligence, yet.

1. Proactive Vulnerability Discovery: Bug bounties and crowdsourced testing enable continuous security testing by humans, ensuring critical vulnerabilities are discovered and remediated promptly, reducing the risk of breaches.

2. Access to Top-Tier Global Experts: Bug bounty programs and crowdsourced testing attract skilled cybersecurity professionals who can identify and address critical vulnerabilities that may evade traditional security measures.

3. Cost-Effective Security Testing: Bug bounties and crowdsourced testing rewards only the successful exploits. Thus, offer a cost-effective alternative to traditional penetration testing, enabling businesses to focus on real matters without the overhead costs of dealing with false alerts.

4. Enhanced Reputation and Customer Trust: Demonstrating a commitment to cybersecurity through bug bounties and crowdsourced testing enhances your company’s reputation, assuring customers and stakeholders of their data protection.

Experience the BugBounter Advantage

The loss of customer trust due to inadequate cybersecurity measures poses a severe risk to businesses. By prioritizing cybersecurity, crowdsourced testing, and leveraging BugBounter’s bug bounty platform, you can fortify your organization’s resilience, safeguard sensitive data, and maintain customer trust. Don’t wait for a breach to happen—contact BugBounter today for a free trial and take proactive steps towards a secure future.

Start Your Free Trial Today
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Bounters’ Newsletter (May 2023)

Bounters’ Newsletter (May 2023)

Hi there Bounters,

Check out this month’s newsletter for the latest updates from BugBounter. 

💰 Newest Programs

We launched so many new programs in the last month. Login on BugBounter now to check those. If you can’t see the programs, that means you have not completed the ID verification yet. You can do it easily on the BugBounter Platform. Hurry up!

Start Now!

🏆 May Top 10

🥇 erste6. GMG
🥈 ogoktas147. hemantjoseph
🥉 ekbereksi8. mnykmct
4. d4rkbrain9. alp
5. khaganyk10. mygconsole

💡 Don’t see yourself on the list? Start hunting now to take place in the next month’s list!

Start Hacking!

💡 Ethical Hacking Tip

This month’s tip comes Fernando Henrique VERGA from Brazil.

It is important to pay attention to the security vulnerabilities in Remote Desktop Services (RDS) on Windows servers. With the use of Mimikatz, an ethical hacker can extract passwords from memory. This can be achieved by running the following command:

mimikatz.exe "privilege::debug" "sekurlsa::logonPasswords full" "exit"

💡 Share an ethical hacking tip, help the Community, and increase your followers!

Share Your Ethical Hacking Tip!

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