At first glance, these companies appear unrelated. However, each organization has been the victim of a data breach that involved the loss of over 100 million records. During the aftermath of breaches that result in the theft of massive amounts of data, many people wonder how cyber criminals could exfiltrate so much data without being detected.
Sadly, many organizations are not actively examining their encrypted traffic to catch nefarious actors. According to a recent Venafi survey, nearly a quarter (23%) of security professionals don’t know how much of their encrypted traffic is decrypted and inspected. Cyber criminals can easily take advantage of this blind spot. For example, A10 Networks recently found that 41% of cyber attacks use encryption to evade detection and this percentage is only expected to grow.
Despite their lack of active inspection, organizations often display overconfidence in their ability to detect a breach. The 2017 Mandiant M-Trends report stated that the average time it takes to detect a cyber attack is 99 days, but 41% of security professionals believe they can detect and respond to a cyber attack hidden in encrypted traffic within one week. Additionally, 20% believe they can detect and respond to a cyber attack within one day.
When you combine overconfidence with a lack of cohesive action, it’s easier to understand how even companies with large security investments suffer breaches regularly. Nefarious actors know where sensitive data can be found and they can export I through encrypted tunnels t without being noticing. And while encryption is used to keep data safe, accessing encrypted tunnels may not pose much of a problem for many attackers.
For example, during the aftermath of the first Yahoo! Data breach, Venafi Labs discovered that 27% of the certificates on external Yahoo! websites had not been reissued after the breach. Replacing certificates after a breach is a critical mitigation practice; unless certificates are replaced, breached organizations cannot be certain that attackers do not have ongoing access to encrypted communications.
These statistics may seem depressing, but luckily there are steps every organization can take to protect themselves that will prevent undetected data exfiltration.
First, organizations should focus on implementing centralized intelligence and systems that can revoke, replace, renew and rotate keys and certificates automatically. This will ensure their security tools will maintain a continuously updated list of all the relevant keys and certificates an organization needs to inspect encrypted traffic. By knowing which keys and certificates they can trust, and by integrating this data into security tools, security professionals can finally shine a light into the encrypted tunnels cyber criminals are so fond of misusing.
In addition, businesses should invest in technologies like Certificate Reputation to identify machines using malicious or rogue certificates. These tools use data from Certificate Transparency logs, along with analytics and machine learning, to score certificates. Certificate Reputation services also help enterprises identify certificates issued in their own name, whether they’re purchased on the inside by marketing or obtained fraudulently by cyber criminals.
Unfortunately, we should expect more massive data breaches in the future. But with the proper technology and inspections, many organizations can defend their encrypted traffic to help keep their customer records from being exfiltrated by attackers.
If cyber criminals steal your business’s records, will you notice?
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This Agreement was last updated on April 12, 2017. It is effective between You and Venafi as of the date of Your accepting this Agreement.
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Definitions
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License Term.
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You shall not distribute access to the Service, in whole or in any part, to any third party or parties. You shall not permit sublicensing, leasing, or other transfer of the Service.
You shall not (a) interfere with or disrupt the integrity or performance of the Service or third-party data contained therein, (b) attempt to gain unauthorized access to the Service or its related systems or networks, (c) permit direct or indirect access to or use of the Service in a way that circumvents a contractual usage limit, or (d) access the Service in order to build a competitive product or service.
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Ownership
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Limitation of Liability
IN NO EVENT WILL VENAFI OR ITS SUPPLIERS BE LIABLE FOR ANY LOST REVENUE, PROFIT, OR DATA, OR FOR DIRECT, SPECIAL, INDIRECT, CONSEQUENTIAL, INCIDENTAL, OR PUNITIVE DAMAGES HOWEVER CAUSED AND REGARDLESS OF THE THEORY OF LIABILITY ARISING OUT OF THE USE OF OR INABILITY TO USE THE SERVICE EVEN IF VENAFI OR ITS SUPPLIERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Some jurisdictions do not allow the limitation or exclusion of liability for incidental or consequential damages and to the extent that is the case the above limitation or exclusion may not apply to You.
Term and Termination
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Compliance With Laws
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Governing Law
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General
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Survival. The parties agree that the rights and obligations set forth in the above-referenced Section 1 (Definitions), 3 (Ownership), 4 (Disclaimer of Warranties), 5 (Limitation of Liability), 6 (Term and Termination), 7 (Compliance with Laws), 8 (Governing Law), and 9 (General) shall survive the termination of this Agreement for any reason and enforcement thereof shall not be subject to any conditions precedent.
Assignment. This Agreement shall be binding upon and inure to the benefit of the parties’ respective successors and permitted assigns. You shall not assign this Agreement or any of Your rights or obligations hereunder without the prior written consent of Venafi and any such attempted assignment shall be void.
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