Perimeter Security Flop: Ransomware’s Unlikely Best Friend
Security compromises in perimeter security appliances, like those from Fortinet and Cisco, are fueling ransomware attacks. Coalition’s report shows 58% of 2024 claims were linked to these vulnerabilities. Why? Default logins and exposed credentials. Remember, cyber hygiene isn’t just a manufacturer’s job—users, change those default passwords, or risk becoming cybercriminal bait!
Hot Take:
It’s like putting up a high-tech, electrified fence around your house but leaving the gate wide open with a welcome sign for hackers. Manufacturers and users alike, let’s not be the reason cybercriminals are laughing all the way to their malware banks.
Key Points:
- 58% of insurance claims in 2024 tied to perimeter security device vulnerabilities.
- Manufacturers like Fortinet, Cisco, and Microsoft are among the most affected.
- Common weaknesses include default logins and exposed credentials.
- BlackCat/ALPHV ransomware attack exploited a Citrix Remote panel vulnerability.
- Manufacturers and users need a joint effort for better security practices.
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