Light Cyber First to Detect, Protect Customers from New Bitcoin-Related Malware
Poster: SySAdmin
Posted on January 6, 2014 at 11:28:01 AM
Light Cyber First to Detect, Protect Customers from New Bitcoin-Related Malware
Light Cyber's MAGNA detected breaches from new Bitcoin mining malware some four days before the campaign became widely known, proving the system's superiority in detecting and containing breaches from unknown malware early in the attack life cycle
RAMAT GAN, Israel, January 6, 2014 /PRNewswire/ --
Light Cyber (http://www.lightcyber.com), an emerging provider of innovative
Predictive Breach Detection solutions, today announced that its customer-installed MAGNA
appliances were the first to detect breaches by a previously-unknown and sophisticated
Yahoo-ad based malware campaign. Despite the unrecognized nature of the malware, Light
Cyber's solution detected the breaches immediately - some four days prior to its
widespread reporting - enabling its clients to rapidly neutralize the threat at the
earliest stages of the attack.
(Logo:
http://photos.prnewswire.com/prnh/20140106/662813 )
Light Cyber's MAGNA appliances, deployed in multiple customer networks around the
world, first detected malicious activity by the unknown malware on Monday, December 30th
at 11 AM UTC - well before the attack was reported
[http://blog.fox-it.com/2014/01/03/malicious-advertisements-served-via-yahoo ] by a
Dutch-based security firm and confirmed by Yahoo on Friday, January 3rd. As a result,
Light Cyber customers were able to immediately disconnect affected computers from their
networks, containing the attack and mitigating damage.
Furthermore, Light Cyber researchers were the first to discover that among other
activities, the malware was attempting to use host computational resources for Bitcoin
mining, and were the first to report attack-related files on Tuesday, December 31st.
As later reported, the sophisticated malware campaign used Yahoo's advertising server
to distribute malicious advertisements that included exploitations of Java vulnerabilities
which installed the malware on client computers visiting ads.yahoo.com. It is estimated
that tens of thousands of computers in countries around the world have been infected by
the campaign in recent days.
"We are pleased to have again provided early warning to our customers regarding an
advanced malware attack," said Gonen Fink, CEO at Light Cyber. "New attacks are launched
on a daily basis, yet traditional perimeter and endpoint security products are not
effective in detecting unknown threats. Even new technologies like sandboxing and threat
emulation can capture only a small part of these advanced threats. Our MAGNA system closes
the gap between the time a computer is breached and the time the breach is detected,
allowing users to remediate before the damage is done," he continued.
About Light Cyber Ltd.
Light Cyber is a fast-growing provider of Predictive Breach Detection solutions that
protect organizations from targeted threats and cyber-attacks inside their networks. Light
Cyber's MAGNA(TM) appliance combines deep packet inspection with endpoint information and
threat intelligence to analyze the behavior of users, devices and applications, detecting
and alerting about malicious activity early on in the attack lifecycle, before damage is
done. Founded in 2011 and led by world-class cyber security experts and a seasoned
management team, the company's products have been successfully deployed and sold to top
tier customers in the financial, telecom, government, media and technology sectors. For
more information, please visit http://www.lightcyber.com, or contact Light Cyber at
pr@lightcyber.com or +972-73-2641876.
Photo:
http://photos.prnewswire.com/prnh/20140106/662813
Photo:http://photos.prnewswire.com/prnh/20140106/662813
http://photoarchive.ap.org/
Light Cyber Ltd.
Light Cyber's MAGNA detected breaches from new Bitcoin mining malware some four days before the campaign became widely known, proving the system's superiority in detecting and containing breaches from unknown malware early in the attack life cycle
RAMAT GAN, Israel, January 6, 2014 /PRNewswire/ --
Light Cyber (http://www.lightcyber.com), an emerging provider of innovative
Predictive Breach Detection solutions, today announced that its customer-installed MAGNA
appliances were the first to detect breaches by a previously-unknown and sophisticated
Yahoo-ad based malware campaign. Despite the unrecognized nature of the malware, Light
Cyber's solution detected the breaches immediately - some four days prior to its
widespread reporting - enabling its clients to rapidly neutralize the threat at the
earliest stages of the attack.
(Logo:
http://photos.prnewswire.com/prnh/20140106/662813 )
Light Cyber's MAGNA appliances, deployed in multiple customer networks around the
world, first detected malicious activity by the unknown malware on Monday, December 30th
at 11 AM UTC - well before the attack was reported
[http://blog.fox-it.com/2014/01/03/malicious-advertisements-served-via-yahoo ] by a
Dutch-based security firm and confirmed by Yahoo on Friday, January 3rd. As a result,
Light Cyber customers were able to immediately disconnect affected computers from their
networks, containing the attack and mitigating damage.
Furthermore, Light Cyber researchers were the first to discover that among other
activities, the malware was attempting to use host computational resources for Bitcoin
mining, and were the first to report attack-related files on Tuesday, December 31st.
As later reported, the sophisticated malware campaign used Yahoo's advertising server
to distribute malicious advertisements that included exploitations of Java vulnerabilities
which installed the malware on client computers visiting ads.yahoo.com. It is estimated
that tens of thousands of computers in countries around the world have been infected by
the campaign in recent days.
"We are pleased to have again provided early warning to our customers regarding an
advanced malware attack," said Gonen Fink, CEO at Light Cyber. "New attacks are launched
on a daily basis, yet traditional perimeter and endpoint security products are not
effective in detecting unknown threats. Even new technologies like sandboxing and threat
emulation can capture only a small part of these advanced threats. Our MAGNA system closes
the gap between the time a computer is breached and the time the breach is detected,
allowing users to remediate before the damage is done," he continued.
About Light Cyber Ltd.
Light Cyber is a fast-growing provider of Predictive Breach Detection solutions that
protect organizations from targeted threats and cyber-attacks inside their networks. Light
Cyber's MAGNA(TM) appliance combines deep packet inspection with endpoint information and
threat intelligence to analyze the behavior of users, devices and applications, detecting
and alerting about malicious activity early on in the attack lifecycle, before damage is
done. Founded in 2011 and led by world-class cyber security experts and a seasoned
management team, the company's products have been successfully deployed and sold to top
tier customers in the financial, telecom, government, media and technology sectors. For
more information, please visit http://www.lightcyber.com, or contact Light Cyber at
pr@lightcyber.com or +972-73-2641876.
Photo:
http://photos.prnewswire.com/prnh/20140106/662813
Photo:http://photos.prnewswire.com/prnh/20140106/662813
http://photoarchive.ap.org/
Light Cyber Ltd.