Knowledge grows exponentially when shared, and collaboration among like-minded professionals is essential to staying ahead of the curve.
The CyberMindr team, in collaboration with CXO Cywayz, hosted an exclusive roundtable discussion with top cybersecurity practitioners in the industry. Although the event was invite-only, here are some insights from the discussion:
Highlights from the Discussion
One of the key revelations for security personnel was that hackers are not behind a company; they’re behind the internet, ready to launch attacks with advanced tools and techniques. Meanwhile, companies are defending themselves with old tools and outdated strategies. It’s time to acknowledge that we’re in an era of asymmetric warfare, where hackers have the upper hand. We need to adapt and evolve our defenses to stay ahead of the threat.
Challenges and Opportunities
Moving ahead in the discussion, everyone shared their concerns about the challenges in the cybersecurity landscape, including the time to detect vulnerabilities, legacy systems, limited resources, and gaining a comprehensive view of an organization’s security posture. Key discussion points:
- Development Stage Errors: Errors at the development stage can lead to code leaks and vulnerabilities, while saving backups at the same place or on the pre-production site can make them vulnerable to attacks.
- Lack of Threat Intel: Passwords in config files, inadequate continuous attack surface management, and lack of threat intel can leave organizations blind to potential threats, making it difficult to respond to attacks effectively.
- Supply Chain and Third-Party Risk: Supply chain risk and third-party risk are often overlooked, exposing organizations to zero-day vulnerabilities, insertion of counterfeits, data theft, insertion of malicious software and hardware.
To overcome these challenges, it’s essential to take a step back and assess our practices, selecting the right tools, and implementing business requirements and risk assessments using frameworks like MITRE ATT&CK. By doing so, we can stay ahead of hackers and protect our systems and data from potential threats.
The Tool Conundrum: Getting the Best out of the Least
During the conversation, the confusion around choosing the right tools remained a focus, leading to the conclusion that, in our quest for cybersecurity, we often fall into the trap of investing heavily in tools. The hope that the latest and greatest technology will solve all our problems is misguided. The reality is that getting the best out of the least requires a fundamental understanding of what the business demands. CISOs and CEOs must be diligent and clear in their security aspects, recognizing that throwing money at the problem is not the solution.
Instead, we need to assess our toolset, asking ourselves: Are we using our tools effectively? Are we getting the best out of our investments? By taking a more thoughtful and strategic approach to tool selection and implementation, we can maximize our ROI and minimize our risk.
The CyberMindr Solution
Lastly, Sudheer Kanumalli, Founder and CTO of CyberMindr, stated that we’re committed to making an impact in the industry by solving just one critical problem. We don’t want to build a part of what’s already existing in the market. Based on our experience with red teaming and cyber breach assessments, we’ve developed a unique approach to attack path discovery.
CyberMindr’s scanning process begins with a domain name, aggregating all assets from Open-Source Intelligence (OSINT) and performing periodic scans every month. Additionally, we scour the deep and dark web to gather historical data, providing a rich foundation for our analysis.
Our advanced predictive engine constructs a thorough picture of an organization’s assets, including IP addresses and subdomains. The CyberMindr Validation engine then refines the results, eliminating false positives and irrelevant data to ensure accuracy and precision.
The multi-stage attack simulations are unmatched, leveraging over 16,000+ scripts derived from hacker forums and bug bounty hunters. We sanitize these scripts to ensure they don’t impact the organization. These customized scripts and automated approach set us apart from other tools and enabled us to scan 1,000 digital assets in just 1.5 hours.