Payment methods newsletter - June 2023

 What's New

 Highlights

The PCI Security Standards Council Announces the 2023-2025 Advisory Board

The PCI Security Standards Council (PCI SSC) announced the newly selected 2023-2025 Advisory Board. The Advisory Board represents the Council's Participating Organizations (POs) worldwide to ensure the industry's global participation in the development of PCI standards and programs. As strategic partners, they are representative of the market and provide geographic and technical expertise to the Council.     

The PCI SSC works with organizations worldwide to help protect payment data, and this latest Advisory Board brings together some of the world's leading companies from all sectors in the payments space. As a new development during this period, in recognition of the ever-changing needs of the payments industry, the Advisory Board has expanded from 31 to 52 stakeholders to provide a broader range of input to the Council. The Advisory Board, which will begin its term on June 1, will also have the opportunity to vote on new standards and major revisions to the standards before they are published.      

More information can be found at the following link:      

https://www.pcisecuritystandards.org/about_us/press_releases/pci-security-standards-council-announces-2023-2025-advisory-board/


Welcome to the newest Associate Participating Organizations

We are pleased to welcome the newest organizations to join as Associate Participating Organizations of the PCI Security Standards Council (PCI SSC). These organizations play a crucial role in supporting the evolution of PCI security standards and programs and promoting the implementation of PCI security standards worldwide to protect payment data. We look forward to their participation in the Council as we help secure the future of payments.     

We hope all newly joined Associate Participating Organizations mark their calendars for this year's PCI SSC Community Meetings. As part of their membership, each APO receives two free passes to each of the upcoming community meetings. PCI SSC Community Meetings are annual in-person events that bring together the brightest minds in payment security.

More information at the following link:      
https://blog.pcisecuritystandards.org/welcome-to-the-newest-associate-participating-organizations


Major historical milestone for payment software security

The PCI Security Standards Council recently reached a significant milestone of 100 products validated under the Secure Software Standard. We sat down with Jake Marcinko, Senior Solutions Standards Manager, and Matt O'Connor, Director of Products and Solutions, to discuss what this milestone means for payment security.     

On this occasion, Jake and Matt will answer the following questions:

  • The PCI Security Standards Council recently reached a significant milestone of 100 products validated under the Secure Software Standard. Why is this an important milestone for global payment security?

  • What is the value of becoming a Validated Secure Software product?

  • Why should merchants and service providers use validated payment software in their environments?

  • What is the process for getting on the list?

  • Validated payment software has been assessed against the PCI Secure Software Standard. The PCI Secure Software Standard is one of the two standards included in the Council's Secure Software Framework. Can you provide some background on the Secure Software Framework?

  • • Once an organization has a product listed as Validated Payment Software, what should be its next step?

More information at the following link:      
https://blog.pcisecuritystandards.org/significant-milestone-hit-for-payment-software-security

Update your ISO 27001 ISMS to the new 2022 version

The latest version of ISO/IEC 27001, published on October 25, 2022, gives organizations a 3-year transition period to adapt and certify their systems to the new standard.     

This new update is the result of the increasing digitalization of companies across different sectors, for which this standard has been adopted as the main basis for IT security, combined with:

  • New security risks.

  • Changes in personal data protection documentation since 2013.

  • The update of the ISO/IEC 27002 standard to its 2022 version, which ISO 27001 uses controls from for its Annex A.


Tips: How to Get Started in Hacking

On this occasion, Héctor Berrocal, from the audit department at ISECAuditors, shares some tips for getting started in the world of Ethical Hacking and provides a brief overview of hacking.     

Ethical hackers usually work for specialized IT security companies, consultancies, or as independent contractors.     

Among the techniques used are port and service scanning, vulnerability exploitation, source code analysis, privilege escalation, lateral movement, reverse engineering, and more. These techniques can be carried out manually or using automated tools.


Regulatory changes and their impact on corporate decision-making structures

In May 2017, the authorities that make up the European System of Supervisors for Financial Services—the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and the European Insurance and Occupational Pensions Authority (EIOPA)—published a series of proposals reaffirming the need to create a common cooperation framework that would balance innovation with consumer protections from the perspective of digital service provision.


ASV Scans Are Not Just a Compliance Task

In 2006, a group of financial entities concerned about the high rate of card fraud founded a council called the PCI Security Standards Council. This group is composed of American Express, Discover Financial Services, JCB International, MasterCard, VISA, and other organizations that have joined these efforts, thus giving birth to PCI DSS.     

PCI DSS consists of 12 security requirements grouped into 6 categories:

  • Build and maintain secure networks.

  • Protect cardholder data.

  • Maintain vulnerability management tools.

  • Implement robust access controls.

  • Regularly monitor and test network access.

  • Maintain information security policies.

To facilitate monitoring and support for compliance with the PCI Council standard, different roles were created so that organizations can obtain the appropriate assistance from security experts who can guide them and assess compliance. One of these is an ASV (Approved Scanning Vendor).


Vicente Aguilera Once Again a Juror for the IT Security Awards

Red Seguridad magazine is celebrating the 16th edition of its prestigious IT Security Awards this year, which also coincides with its 20th anniversary, promising a particularly significant turnout. These prestigious awards will be presented at the 15th Comprehensive Security Meeting (Seg2), which will take place in June. The purpose of these awards is to publicly recognize the most outstanding professionals, projects, programs, operations, and solutions from the past year. Once again, Internet Security Auditors will be there with Vicente Aguilera as a member of the jury representing OWASP, a role he has held since the second edition of these awards 16 years ago.


Event Report: OSINTomático Conference 2023

On May 12 and 13, a new edition of OSINTomático was held at the La Nave Convention Center in Madrid. These conferences were created with the goal of educating and raising awareness among students, professionals, companies, and the general public about open-source intelligence and social engineering techniques through presentations and workshops delivered by internationally renowned speakers.

   Incident Analysis

SEGA Europe Suffers a Database Leak Due to Internal Negligence, Exposing Sensitive Information

After an exhaustive investigation, the security firm VPN Overview discovered that SEGA Europe may have fallen victim to a data breach. The seriousness of the situation is that this problem could have been avoided, as it stemmed from internal negligence within the Japanese company itself. According to the security firm's investigation, SEGA apparently left sensitive information stored in a publicly accessible database.     

More information at the following link:      
https://cybersecuritynews.es/sega-europa-sufre-una-filtracion-de-su-base-de-datos/      
 

Russian Cybercriminals Exploit a Vulnerability in MOVEit to Attack U.S. Government Agencies

The Cybersecurity and Infrastructure Security Agency (CISA) reported that a group of Russian cybercriminals managed to infiltrate several U.S. government agencies. The group, known as 'CL0P' or 'TA505', has been identified as responsible for this cyberattack. Although there is no evidence of coordination with the Russian government so far.     

The attackers exploited a vulnerability in a software called MOVEit, which is widely used by the federal government to encrypt files and transfer data. The hackers infected computers with malicious programs, stole data, and demanded ransoms from the victims.     

More information at the following link:      
https://cybersecuritynews.es/ciberdelincuentes-rusos-aprovechan-una-vulnerabilidad-en-moveit-para-atacar-agencias-gubernamentales-de-ee-uu/     
 

This is how the cyberattack on Uber unfolded, step by step

After the cyberattack on Uber and its IT infrastructure and access to confidential customer data became known, the human element of this story is gaining prominence, drawing attention to multi-factor authentication (MFA) and other best practice issues in Identity Security.     

Based on the available analysis and reports, CyberArk Red Team has deconstructed the cyberattack on Uber, focusing on hardcoded credentials, the attack's real critical point, as they were allegedly used to gain administrative access to the organization's privileged access management (PAM), provided by another vendor, which unlocked other high-risk access points.      

More information at the following link:      
https://revistabyte.es/ciberseguridad/paso-a-paso-el-ciberataque-a-uber/     
 

The CAV recorded 6,086 cybercrimes in the first quarter of 2023, a 22% increase from the previous year

Of those crimes, 5,364 (up 19%) were cyber fraud, 279 identity theft (up 37%), 204 disclosure of secrets (up 15%), 44 threats or coercion (down 4%), 25 sexual crimes (up 108%), and the other 11 were cyberattacks (up 83%).     

More information at the following link:      
https://www.eitb.eus/es/noticias/sociedad/detalle/9225476/la-cav-registra-6086-delitos-informaticos-en-primer-trimestre-de-2023-22-que-ano-anterior/     
 

   Trends

LockBit: The destructive ransomware threatening cybersecurity

LockBit is a type of ransomware that is gaining notoriety in the cybersecurity world due to its destructive capability and highly lucrative approach for cybercriminals. Today we delve into how it works and ways to minimize its impact.     

It works similarly to many current ransomware variants, based on:

  • Infiltration

  • Encryption

  • Ransom demand

  • Threat of data leak


Spain advances in building a cybersecurity network to protect computer systems

Local and state authorities in Spain, in collaboration with private sector companies, are intensifying their efforts to strengthen cybersecurity and ensure the protection of computer systems across the country.     

And businesses and citizens have never been so exposed. In fact, according to data recorded worldwide in SonicWall's 2023 Cyber Threat Report, an average company received 1,014 ransomware attacks during the first three quarters of 2022, and 91% of CIOs and IT Managers worldwide state that their biggest current concern is financially motivated attacks (mostly ransomware).


VPN apps, games, or 'fake Netflix': the perfect nest from which thousands of devices have been infected

A group of cybersecurity experts has discovered a malware campaign generating deceptive ads on Android devices to generate profit; it is estimated that this campaign affects more than 60,000 applications.     

For the most part, the detected malware has been adware (adware and pop-up-based malware) that includes hidden malware for controlling and collecting data.


Any server is exposed to brute-force attacks. Brute Fail is demonstrating it in real time

This hacker, fed up with being attacked, wanted to show the world what the situation is like. Their servers were constantly receiving brute-force cyberattacks, so they set up a website called Brute.Fail where you can see in real time all attempts to enter their servers using various usernames and passwords.     

On that website, you can see how cyberattacks come from various origins: IPs are constantly changing, something cyberattackers commonly do to hide their tracks.


Is ChatGPT really capable of creating cyberattacks?

Even though ChatGPT is not intended for criminal purposes, cybercriminals have discovered another open door in it for creating fraudulent emails or text messages to deceive unsuspecting people.     

“It is important to bear in mind that any tool, including ChatGPT, can be used for both legitimate and illegitimate purposes. The responsibility lies with the users of the tool to use it ethically and legally,” says Marcelo Palazzo, Sales Director for the Europe region at Hillstone Networks.


How to turn ChatGPT's AI into an ally against cybercrime

The network and cybersecurity company Sophos has published the report “The application of linguistic processing to cyber defenses,” on how the cybersecurity sector can leverage GPT-3, the language model used by ChatGPT, as a co-pilot to help defeat cyberattackers.     

Sophos X-Ops researchers have been working on three experimental projects:

  • Project 1: Natural language query interface to search for malicious activity.

  • Project 2: GPT-based spam detector.

  • Project 3: Tool to analyze command lines executed in “living off the land” (LOLBin) binary files.

   Webinars

ISecWebinar: API Security Testing now! before it's too late

Through this webinar, a team of analysts from Internet Security Auditors will explain simply and practically how to perform a complete security audit of an API platform, as auditing an API environment (Application Programming Interface) requires applying an appropriate methodology to achieve the desired results.

  • Introduction

  • What is an API

  • Types of APIs

  • OWASP Top 10 API

  • Work methodology

  • Practical Lab

  • Final recommendations

Link to access the video:     
https://youtu.be/kUpDRBQb_BU

ISecWebinar: Journey to the new versions to learn about the present and future of the ISO 27001 standard 

New versions of the ISO/IEC 27001 and ISO/IEC 27002 standards were published last year, 2022, but what new features do they add? What do these changes mean for companies? When must compliance with the new requirements begin? These and other questions are what we address in this webinar.         

The following aspects were covered during the webinar:

  • Introduction: Timeline of the ISO 27001 and ISO 27002 standards

  • October 2022: The new version of ISO 27001 – Changes

  • February 2022: The new version of ISO 27002 – Changes

  • New controls

  • Next steps

Link to access the video:         
https://www.youtube.com/watch?v=HM3WgOrLcYQ

Internet Security Auditors         
C. Santander, 101. Building A-2. E-08030 Barcelona (Spain) | Tel.: +34 93 305 13 18          
C. Arequipa, 1. E-28043 Madrid (Spain) | Tel.: +34 91 763 40 47         
Transversal 22 # 98-82 Ed. Porta 100 Of. 1003. 110221 Bogotá (Colombia) | Tel.: +57 601 638 68 88          
 
follow us on FBfollow us on LinkedInfollow us on Instagramfollow us on YoutubeRSS Blog

This message has been sent pursuant to your authorization for the communication of commercial information by Internet Security Auditors. You can consult our Data Privacy Policy here. You have the possibility to exercise the rights of access, rectification, erasure, restriction, objection and portability provided for in the “Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and the free movement of such data, and repealing Directive 95/46/EC” by letter addressed to Internet Security Auditors, Calle Santander, 101. Edificio A-2 08030. Barcelona (Spain), or by email to the following address: legal@isecauditors.com, attaching your request with a copy of your ID card or equivalent document proving your identity. If you only wish to unsubscribe from these communications, click the following link and send that email from the email address at which you received our communication: marketing@isecauditors.com         

This email is sent pursuant to your previous authorization for the transmission of commercial information from Internet Security Auditors. You can read our Data Privacy Policy here. You have the possibility at all times to exercise the rights of access, rectification, erasure, restriction of processing, objection and portability according to the “Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC” by sending a letter addressed to Internet Security Auditors, Calle Santander, 101. Edificio A-2. 08030 Barcelona (Spain), or through the following email: legal@isecauditors.com, attaching your request with a copy of your ID card or equivalent document proving your identity. If you only wish to request your cancellation of these communications, click on the following link and send that email from the email address at which you received our communication: marketing@isecauditors.com

← Back to Newsletters