Intelligent CISO Issue 14 | Page 9

news Kaspersky Lab and Anomali announce partnership aspersky Lab has announced that its Threat Data Feeds are now integrated with the Anomali Threat Platform. Thanks to this partnership, organisations can leverage constantly updated, contextual and actionable threat intelligence from Kaspersky Lab to enrich their insight about the global security landscape. K To navigate in this world of changing and evolving cyberthreats, it’s important for Security Operation Centre (SOC) teams to obtain timely and relevant threat data from reliable threat intelligence sources. To make this a reality for its customers, Kaspersky Lab has partnered with Anomali. The Anomali Threat Platform helps organisations detect, understand and respond to threats. The platform provides security teams with threat intelligence from numerous feeds so they can identify and prioritise threats that pose the greatest danger to their business. Kaspersky Threat Data Feeds cover a wide spectrum of malicious activity aggregated from the Kaspersky Security Network that accumulates information about the latest cyberthreats and other reliable sources of threat data. By adding Kaspersky Threat Data Feeds, users of the Anomali Threat Platform – including SOC teams – can get more accurate answers to the who, what, where, when questions to get a clearer picture of threats. NEW AKAMAI RESEARCH REVEALS THE TRUE COST OF CREDENTIAL STUFFING ompanies are losing an average of US$4 million due to credential stuffing attacks each year, according to new research commissioned by Akamai, the intelligent edge platform for delivering and securing web experiences. C Credential stuffing plays on the likelihood that individuals will use the same username and password across multiple applications, sites and services. Cybercriminals take stolen account details from one platform and deploy bots to log into vast numbers of others using the same credentials. Once they have gained entry, criminals will abuse an account until its owners become aware, often making fraudulent purchases or stealing confidential information. The research, carried out by Ponemon Institute, identified that the volume and severity of credential stuffing is increasing, with companies now experiencing an average of 11 credential stuffing attacks every month. www.intelligentciso.com | Issue 14 Each attack targets an average of 1,041 user accounts and can cause costly application downtime, loss of customers and involvement of IT security. This is resulting in annual average costs per business of US$1.2 million, US$1.6 million and US$1.2 million, respectively, in addition to the direct cost of fraud. 9