July 2024 - Newsletter

The Latest Red Piranha News

After closing another fantastic month, we are excited for July and the new opportunities and challenges it brings.

While we are all aware that individuals and organisations must have basic cybersecurity practices in place, like using strong passwords and turning on multi-factor authentication, there are always a few slip-ups here and there. Sometimes, these slip-ups can cause a catastrophic chain of events, like the Medibank 2022 data breach, in which customer data worth 200GB was stolen. The court documents filed by the Office of the Australian Information Commissioner (OAIC) allege that the breach stemmed from an employee of a Medibank contractor, an IT service desk operator, who saved his login details to a personal web browser installed on his work computer. This breach not only cost Medibank its reputation and 'loss of trust' among customers, but the health insurance giant will likely face a maximum fine of more than $21 trillion. Scroll down to read more about the Medibank breach.

Looking for some interesting resources to learn more about us and our services, check out our recently published articles in the Cyber Defense Magazine:

• Detect and Destroy Cyber Threats with Red Piranha
• Get 10x more Visibility across APTs with Red Piranha’s SOC-as-a-Service and Crystal Eye

If you would like further information about how our team can assist you with your cybersecurity needs, feel free to get in touch with us.

Crystal Eye XDR Update

We are thrilled to bring you some important updates, including the latest developments on release notes and highlights from our forums.

This month’s update includes several enhancements and bug fixes. These updates are automatically published to all Crystal Eye appliances, so no action is required unless automatic updates have been manually disabled by system admins.

For more information on these updates, please visit our forum for the release notes.

https://forum.redpiranha.net/t/software-release-notes-crystal-eye-5-0-build-20-4th-july-2024/485

Forum Highlight:
Welcome to our latest forum highlight, where we investigate the software management magic behind Red Piranha's Crystal Eye XDR Security Appliance. Get ready to find out how we keep things secure and seamless! If you want to join the Red Piranha community, you can start by visiting https://forum.redpiranha.net.

Crystal Eye Software Management

In Red Piranha, security forms the core of everything we do, so our strategy was proactively oriented to software updating and borrowing practices from the mobile phone industry. This ensures that our customers get timely application updates and critical security patches, which are released monthly to improve defences against newly discovered threats. For high-severity issues, we offer urgent hotfixes out of the cycle to greatly reduce the window of exposure to vulnerabilities as they are discovered.

Aside from the regular patches and hotfixes, we also deliver major updates to the Crystal Eye OS which often include new features, significant application updates and core file upgrades. These major upgrades do require a minimal downtime of around 10 minutes in most cases, so this is a process managed by the system admin to allow coordination of outages.

What sets us apart is our easily reversible upgrade process to rollback into the previous version with a simple click of a button just in case which is a significant advantage over other products that require a complicated series of steps to prepare and revert to previous versions.

Red Piranha is your trusted security expert. We are committed to developing security capabilities in the Crystal Eye XDR Security Appliance suite to support your growing cybersecurity and risk management requirements.

Service Spotlight: Managed Detection & Response

Being hailed as one of the biggest privacy breaches in Australian history, the Medibank cyberattack is a wake-up call for everyone.

In this breach, the attackers stole 9.7 million records which included names, phone numbers, dates of birth, Medicare numbers, and sensitive medical information of Medibank's current and former customers. Some records were even published on the dark web. The hackers accessed the Medibank networks using stolen credentials. The security incident occurred in August 2022, and the attacker stayed in the network till October 2022, when it got in touch with Medibank demanding a ransom of US$10 million. When Medibank refused to pay the ransom demanded, the hackers posted the data on the dark web.

The OAIC alleges that Medibank's EDR tool detected unusual activities, generating alerts that were not acted upon.

The Medibank breach is a stark reminder for organisations to be proactive in their cybersecurity approach.

Red Piranha's Managed Detection and Response (MDR) service offers total visibility and context with the detection and response capabilities you need to deal with the changing threat landscape. Crystal Eye reduces your investment to uplift your security monitoring and response capabilities. You can close the gap between detection and response faster than ever without the management burden, with access to advanced Human-Machine Teaming for on-demand Incident Response capabilities.

Our team of highly qualified security experts stationed in our 24/7 global Security Operations Centres (SOCs), coupled with the automated capabilities of our award-winning Crystal Eye platform, provides a solid foundation to proactively protect, detect and respond to threats on your network. By applying the ML capabilities of Crystal Eye, we can automate large volumes of traffic analysis, allowing our SOC personnel to focus on priority tasks that require human intervention.

Our MDR service, therefore, provides maximum security coverage through uptime, comprehensive monitoring, real-time protection, and action-ready response and expertise, helping organisations strengthen their security posture.

Red Piranha Events

With so much happening in the cybersecurity industry, it is imperative to catch up with our industry colleagues to discuss new cybersecurity trends and happenings. June was a busy month for our team on the events front. Let us look at some of the events we attended recently:

SydneySEC

Red Piranha's Mike Rogan and Brian Williams had a fantastic time at SydneySec.

It was a pleasure connecting with our friends in the industry. These interactions are invaluable as we continue to enhance our strategies and solutions in the fight against cyber threats.

ACS WA Tech Summit 2024

Our CEO, Adam Bennett, shared his thoughts on 'Detecting All the Things, like Advanced Persistent Threats (APTs)' at the ACS WA Tech Summit 2024.

Joined by our Business Development Managers, Daniel Henderson and Dayna Bennett, the Red Piranha team enjoyed a day of insightful sessions and networking with the ACS (Australian Computer Society) WA Community.

The half-day event, "Bridging the Future," featured highly regarded industry speakers who focused on two pressing topics: cybersecurity and Data/AI.

Australia Southeast Asia Business Exchange

Adam Bennett, CEO of Red Piranha, joined as a delegate in Jakarta for the Australia Southeast Asia Business Exchange.

In this two-day event, he engaged with the Special Envoy to Southeast Asia, Mr. Nicholas Moore, and representatives from the KADIN Indonesia (Indonesian Chamber of Commerce and Industry) Kota Depok, the Australian Government Department of Foreign Affairs and Trade and Austrade. On day two, the Indonesia Landing Pad was officially launched by DFAT and Austrade, with the Ambassador to Indonesia, Ms Penny Williams PSM, and Lauren Adams, Australia’s Trade and Investment Commissioner, officiating the ceremony.

This event provided a valuable opportunity to reconnect with our partners from Professtama.

Adam showcased our cutting-edge technology at the Australia Southeast Asia Business Exchange. The event brought together integrating partners and ICT leaders from government and industry sectors in Jakarta.

Sovereign Cyber Capability Unlocked Event

Adam Bennett, CEO of Red Piranha, presented at the Sovereign Cyber Capability Unlocked event in Canberra. Lieutenant General Michelle McGuinness, National Cyber Security Coordinator, delivered a keynote address outlining the strategic direction for a cyber-resilient nation and positioning Australia to respond effectively to the opportunities and challenges of the digital age.

In conjunction with this event, the government will be introducing new legislation to enhance sovereign capabilities. As a pioneer in Australia's cybersecurity landscape, we proudly represent cutting-edge, Australian made cybersecurity technology that demonstrates true sovereign capability. This event and the accompanying legislative initiatives underscore our commitment to enhancing Australia's cybersecurity posture on a global scale.

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