Breakfast talk – Fighting Supply Chain Attacks and Targeted Ransomware – Watchguard

Friday July 2nd, just before a long U.S. Holiday weekend, at least 30 Managed Service Providers (MSP)s were hit with ransomware that infected their infrastructure and many of their customers (over 1500 companies). The attack exploited unpatched vulnerabilities in the Kaseya VSA product, and leveraged the remote monitoring and management solution to help spread the ransomware. As massive as this attack was, it was not that first time businesses had suffered a targeted attack through an industry “digital supply chain.” Both supply chain attacks and targeted, big game ransomware have become the most concerning threat trends in North America. In this short coffee talk, Corey Nachreiner, CSO of WatchGuard and twenty year information security veteran, discusses these trends, illustrating how previous attacks from 2018 and 2019 developed into today’s developments. During the talk, you will learn:

• About the largest mass ransomware attack seen so far
• Historical detail about similar attacks from 2018 and 2019 that started the trend
• How attackers exploit Living-off-the-Land and Fileless Malware techniques to evade security controls
• Most importantly, defense tips and security strategies that will both help you prevent the latest attack techniques and survive cyber incidents when they happen.