Security headlines have been buzzing with major security events this month. In this podcast episode, Andy and Eric Siron discuss Hornetsecurity’s Monthly Threat Report, analyzing recent security incidents and sharing expert insights.

Tune in for more information on Lockbit’s takedown and its reemergence days later, the CVSS 10 vulnerability in ConnectWise Screenconnect, and the Change Healthcare cyber-attack that has practically paralyzed prescription refills and is likely contributing to numerous deaths in the US.

Timestamps:

3:32 – Hornetsecurity Industry Data Review for Feb 1st to March 1st

14:10 – The “takedown” and re-emergence of LockBit

18:33 – CVSS 10 Vulnerability in ConnectWise ScreenConnect

31:11 – Optum/Change Healthcare Ransomware Attack

Episode Resources:

Read the full report 

Lockbit Takedown Notice

ScreenConnect Vulnerability – CVE-2024-1709

Ransomware Attack on Optum / Change Healthcare

365 Total Protection

Join host Andy and special guest Philip Galea, R&D Manager at Hornetsecurity, as they explore insider threats within Microsoft 365. In this episode, the focus is on SharePoint Online and OneDrive for Business, shedding light on the nuances of insider threats and offering valuable insights on safeguarding against them. 

Tune in for expert analysis and practical tips on fortifying your defenses and protecting your organization’s sensitive data in the evolving landscape of cloud-hosted infrastructures. 

Episode Resources:

Effortlessly manage Microsoft 365 permissions 

During last week’s episode, we briefly spoke about major security incidents that took place between January and February 2024, including the Midnight Blizzard attack. Today, we’re delving deeper into the specifics of this attack. From exploiting OAuth mechanics to navigating Microsoft’s corporate environment, the attackers demonstrated a level of sophistication that evaded conventional detection controls.  

Tune in to hear Andy and Paul examine its intricate attack chain and discuss their insights on what Microsoft should do in response.  

Timestamps: 

(2:00) – What does the attack chain for this breach look like? 

(7:11) – Timeline of the Attack 

(8:53) – Thoughts on Microsoft’s Response 

(18:55) – A Definition of an OAuth App and a Service Principal 

(27:36) – What do Admins need to do about this? 

(33:20) – Does the speed of change and the scale of Cloud Services negatively impact security? 

Episode Resources: 

Andy and Paul Discuss Malicious OAuth Apps

YouTube Video from Andy Robbins

BingBang 

The Monthly Threat Report by Hornetsecurity is a valuable resource that provides monthly insights into M365 security trends, email-based threats, and commentary on current events in the cybersecurity space. For this episode, Andy is joined by Hornetsecurity’s CTO – Dr. Yvonne Bernard, for an in-depth analysis of major security breaches and ransomware attacks that occurred between January and February 2024. 

From the Midnight Blizzard attack on Microsoft to a ransomware attack that cost Johnson Controls 27 million USD, our hosts explore what went wrong and provide expert recommendations from the Security Lab at Hornetsecurity on how to protect your business from similar threats. 

Timestamps: 

(3:20) – Email Threat Trends from January 

(6:51) – What were the Most Targeted Industries for January? 

(9:52) – What were the most impersonated brands in January? 

(12:30) – A Discussion on the Midnight Blizzard attack on Microsoft 

(22:38) – The Recent Breach of AnyDesk 

(27:15) – $27 Million Cost of Ransomware attack on Johnson Controls 

(32:34) – A C-Suite Look at Microsoft 365 Co-Pilot and the Danger of Misconfigured Permissions 

Episode Resources:

Episode on Malicious OAuth Applications

Microsoft post on Midnight Blizzard Attack

Detailed Tactics Post from Microsoft on Midnight Blizzard Attack

Any Desk Public Announcement

Effortlessly manage Microsoft 365 permissions, enforce compliance policies, and monitor violations with 365 Permission Manager

Monthly Threat Report – February 2024

The use of Large Language Models (LLMs), like ChatGPT has skyrocketed, infiltrating multiple facets of modern life. In today’s podcast episode, Andy and Paul Schnackenburg explore Microsoft 365 Co-Pilot and some surprising risks it can surface. Microsoft 365 Co-Pilot is more than just a virtual assistant: it’s a powerhouse of productivity! It is a versatile generative AI tool that is embedded within various Microsoft 365 applications, and as such, it can execute various tasks across different software platforms in seconds. 

Amidst discussions about Co-Pilot’s unique features and functionalities, many wonder: How does M365 Co-Pilot differ from other LLMs, and what implications does this hold for data security and privacy? Tune in to learn more!

Timestamps:

(4:16) – How is Co-Pilot different from other Large Language Models? 

(11:40) – How are misconfigured permissions a special danger with Co-Pilot? 

(16:53) – How do M365 tenant permission get so “misconfigured”? 

(21:53) – How can your organization use Co-Pilot safely? 

(26:11) – How can you easily right-size your M365 permissions before enabling Co-Pilot? 

Episode Resources:

Paul’s article on preparing for Co-Pilot

Webinar with demo showcasing the theft of M365 credentials

Start your free trial of M365 Total Protection

Effortlessly manage your Microsoft 365 permissions

QR Codes are used everywhere in our society, from reading restaurant menus to accessing Wi-Fi networks and authenticating payments. However, as with any technological advancement, there’s a flip side. While QR codes are not malicious in their essence, the landscape has shifted in recent years.  

Threat actors have evolved their tactics to exploit QR codes in various ways, posing new cybersecurity challenges. In this episode, host Andy teams up with Microsoft Certified Trainer Paul Schnackenburg to discuss the darker side of QR codes and the different ways in which threat actors are deceiving individuals. 

Episode Resources:

The Danger of Malicious OAuth Apps in M365

Train your users to spot malicious emails with the Security Awareness Services Demo

Safeguard your users from malicious QR codes with Advanced Threat Protection