Ten Good Reasons Why Companies Need Password Management

The protection of your company’s passwords is one of the most fundamental parts of such protection. Your company’s security relies on strong passwords and proper management. Because of this, it is recommended that users choose secure passwords that are unique to them and change their passwords regularly to reduce the likelihood of being hacked.

For managing passwords, relying entirely on human efforts has become laborious and dangerous because of the fast-growing number of passwords we generate and use. Managing passwords manually is becoming increasingly cumbersome. In today’s world, it is essential for companies to implement a reliable password management solution to guarantee the safety of their data. This was not always the case. Here are ten persuasive arguments in favor of getting a password manager for your company as soon as possible in case you don’t already have one.

Enhanced Protection of User Data 

Password Management provides you with a wide variety of capabilities, each of which might improve the safety of your company. It can produce passwords that are extremely difficult, if not impossible, to crack. Store these credentials in safe locations within the cloud. They have support for multifactor authentication.

Compliance with Regulations 

Businesses must comply with legislation governing data security, regardless of their geographic location or the sector in which they operate. The Payment Card Industry Data Security Standard, also known as PCI DSS, and the General Data Protection Regulation, often known as GDPR, are two examples of such regulations. We need password management cause it assures adherence to these rules and any other applicable regulations.

Fewer Passwords Mean Less Memorization

When employees must create hundreds of different passwords for several accounts, they will increase the stress they already feel. We need a password management tool so that we no longer have to remember all these passwords because the application can auto-fill them for you. This eliminates the need for you to remember all these passwords.

Password Management Enhanced Capacity for Work Productivity

Employees can focus on their job obligations when fewer tasks compete for their attention and there are fewer concerns, such as lost passwords. A more productive workforce will ultimately lead to improved corporate performance.

Sharing of Allowed Passwords Only

One of the reasons why we need a password management tool is because it enables many users to share passwords without compromising the account’s level of security. This is useful for accounts that are accessible by more than one person.

Protection for Telecommuting Employees

When logging into company accounts from a public or private network at home, there is cause for concern because most companies are now adopting a remote or hybrid work setup. Even if your employees work across the country, your network’s safety can be improved by using a password manager equipped with features like encryption.

Improved Capabilities for Digital Estate Planning

If the owner of a company passes away, the inheritors of the company can refer to the digital estate plan to figure out what should be done with the digital assets. However, because they do not know the passwords for the accounts, it is common for them to have a hard time even attempting to log into the accounts. However, if you currently use a password manager, you can incorporate this information into your digital estate plan. This will allow for a smooth and trouble-free handover of the business if the owner passes away.

Controlled From a Central Location

When a company grows, the administration of passwords might become difficult. Thanks to the centralized control that a password manager application offers, your IT department will have an easier time managing everything, from creating passwords to establishing individual access for staff.

Password Management Helps Monetary cost Reductions

It’s not the first thing that comes to mind, but using a password manager can save your company money. Using password managers can save time and prevent data breaches.

We Need Password Management for Continuity of Business Operations

Using a password manager ensures safe and continuous access to login credentials during crises. This helps ensure that the organization can continue operating normally during the recovery.

A Few Parting Thoughts Why You Need Password Management

If it does not convince you Download our Free Password Management Cheat-Sheet. You will learn more about password management and other cloud-based solutions that are useful for businesses.

Call us if you are ready to move forward or have any more inquiries; our staff is always happy to assist in any manner possible.

Why Is It So Difficult when Managing Passwords?

Emailing, shopping, banking, and many other activities are among the many transactions completed online. However, before you can act, you need to go to the proper website and log in using your name and password. Only then will you be able to log in. It’s a relatively standard procedure, but with the ever-increasing number of online services that demand passwords, it can be a challenge when managing these passwords.

 

The Complicated Nature of Managing Passwords

It is common knowledge that passwords are required to guarantee that no one other than yourself will access your online accounts. However, sometimes they can become hard to manage, particularly when you already have so many that you need to remember, and I’m sure this is something we can all relate to, right? The following are some of the many reasons managing passwords is so difficult.

 

There are too many passwords for us to remember.

Because so many people are prone to forgetting their passwords, many write them down on paper or in a digital file when managing their passwords. Others have a lot of faith in their capacity to remember things, so they store their passwords in their heads. If you only use a password once in a great while, likely, you likely won’t remember it when the time comes to use it again. However, if you use it frequently, it will serve you well.

 

Alterations Made Constantly to Passwords

Altering your passwords regularly is a necessary step in maintaining the safety of your online accounts. With all the changes, it is easy to become confused if you forget that you have already changed the password and the one you recall was the previous one. This is especially true if you forget you have already changed the password.

 

The Need for Passwords That Are Both Unique and Complex

Many individuals are lazy and use the same password for all their online accounts since it is easier than trying to remember many complicated passwords. It is simply impossible to overstate the risks involved in this activity. When even one of your accounts is compromised, the hacker will have a field day since they will access all your other data and use it to their advantage. Therefore, you must require unique passwords for each of your accounts. This step is necessary for ensuring safety, but it makes password management more difficult.

 

How Applications for Managing Passwords Can Be of Assistance

There is something that you can do to improve the management of your passwords while also increasing the level of protection they provide. We accomplish it by making use of a trustworthy password management solution.

 

These days, when managing passwords, password managers are more accessible than ever before; selecting the right one requires careful consideration. Consider the level of protection they provide. Consider also how simple it is to use their products, and how well they meet your requirements. You may find a list of the five best password managers for businesses in our blog post from the previous week, which you can read here.

 

You can also use contemporary technologies, such as biometric login and multi-factor authentication. These technologies help improve data security while enhancing the user experience.

 

Login using biometric data

Using biometrics to log into an online account is a contemporary alternative to entering a password. This biometric data method eliminates the need for a password. It will confirm your identification using a physical characteristic particular to you alone. The most popular biometric identification is a fingerprint scan. There are some applications that use facial recognition, voice recognition, iris matching, and other forms of identification besides fingerprints.

 

Authentication based on multiple factors

This way of logging in requires additional confirmation besides the standard password before granting entry into an account. This significantly increases the level of protection when managing passwords.

 

Managing Passwords is becoming increasingly important in digital estate planning.

Biometric login and multifactor authentication are beneficial for increasing a company’s level of security. We must also take into consideration that placing complete dependence on these methods might create new challenges. An example would be gaining access to the company after the owner has passed away.

 

Let’s imagine that the person who inherits it ends up in possession of computers, gadgets, and other such things. If each account is set up for biometric login using the owner’s characteristics, gaining access to your business accounts may be a challenging endeavor. Considering this, despite the availability of these innovative solutions, it is still necessary to start managing passwords.

 

We cordially invite you to watch our Cloud Webinar on Digital Estate Planning and why Password Management is a must. Managing passwords is another way to increase the security of information related to your company.

Best Password Management for a Company

Businesses require the best password management to function correctly. Hackers will have an easier time breaking into your system if your passwords are easy to guess or if they are not in a secure location. This can cause problems for the firm, your clients, your consumers, and who knows what else. You don’t want something like that to take place!

You can find many trustworthy password management solutions suitable for businesses. Access some through your web browser, while others are applications. If you are looking for the most effective type of password management solution, select the ones hosted in the cloud.

The Benefits of Using a Password Manager Hosted in the Cloud

Compared to other types, cloud-based password managers offer more convenience and security. Cloud-based password managers offer more.

Many people are still reluctant to use cloud technology because they are concerned about their data’s security. They believe that since your cloud solutions are off-site rather than in your office, they are more prone to being attacked by malicious cyber actors. Your passwords will be secure if you store them on the cloud. And thanks to the highly advanced encryption methods used by most cloud providers, you’ll gain an extra layer of security.

A password management service that uses cloud technology will grant you greater access to your passwords, which improves your convenience. If there is an internet connection, it does not matter where in the globe you are or what kind of gadget you are using; you can access it from anywhere in the world. Besides that, using them is a breeze.

The Best Password Management Solutions Available to Businesses

As was just discussed, the current market offers a variety of programs that can work as company password managers. We would like to provide you with the most secure and dependable applications for your company. As a result, when we searched the internet for the five most effective options you can select, we restricted ourselves to cloud-based password managers alone.

LastPass is your Best Password Management

LastPass is an all-inclusive password management solution that offers a wide variety of features and services that will improve the safety of your company login information and its overall management. Password generation, auto-fill, and storage in the cloud are some features that are used by their customers the most frequently. For an additional layer of protection, they employ multi-factor authentication.

Dashlane 

Dashlane comes in at number two on our list. Besides the capabilities we’ve already discussed (password generation, auto-fill, and storage), it also monitors your activity on the dark web. If your login password becomes compromised, Dashlane will promptly notify you of the situation. It provides a safe Virtual Private Network (VPN) service that, no matter where you are in the world, enables you to connect to the internet quickly and securely.

1Password

1Password is an excellent solution to test if you are looking for a business password firm that will do much more than generate strong passwords for you and store them in a secure cloud location. If this sounds like what you are looking for, consider 1Password. They take password management to the next level by protecting your data with encryption of AES 256 bits, and their attentive monitoring will inform you as soon as they notice a breach or even the existence of a weak or duplicate password in your system. This is how they take password management to the next level.

Keeper

This is a password manager with several layers of protection, which is one of its most helpful features. Keeper uses end-to-end encryption to protect all your credentials, making it an excellent choice for commercial and personal use. They combine AES-256 encryption with PBKDF2 encryption, an innovative technique that is only used in networks with the highest level of security. This renders your data almost impossible for cybercriminals to access.

RoboForm

This shows you do not need to spend thousands of dollars on top-quality password security. RoboForm has one of the most inexpensive monthly membership costs available today, but it does not provide as many features as some of the other solutions that cost more money. They offer trustworthy password audits, auto-fill, and multi-factor authentication, all of which are keep your login credentials protected.

A Few Parting Thoughts For A Best Password Management

Password managers, as you can see, offer a variety of functions, so you need to investigate each one thoroughly to select the one that is most suitable for your company. Security, interoperability with your other business tools, convenience of use, and compliance with standards that relate to your industry, such as the General Data Protection Regulation (GDPR) or the Payment Card Industry Data Security Standard (PCI DSS), would be the most important aspects to take into consideration.

To further protect your data, Download our Free Password Management cheat sheet.  Also, watch our cloud webinar about password safety and management. Need help with passwords or security? We’re here for your company.

Why Businesses Need to Implement Password Management

In matters of internet security, the dangers increase in tandem with the progression of digital technology. Because malicious cyber activity is still widespread, it is more important than ever for organizations to put in place tried-and-true security protocols. There are many approaches to safety and security that a company might implement. Using first-rate password management solutions is one of the most straightforward methods and one of the most efficient.

What Does It Mean to Manage Passwords?

A company’s procedures for maintaining the confidentiality of its users’ passwords is referred to as “password management.” It encompasses everything related to passwords, from learning how to select a strong password and keeping it a secret to employing sophisticated software to store and routinely update a company’s whole database of passwords. It also includes knowing how to select a strong password.

Everyone knows how vital it is to select passwords that are challenging to crack and to take precautions to ensure that no one else is privy to one’s credentials. But that’s far simpler to say than it is to do. People have a terrible habit of forgetting their passwords. Because of this, it’s a good idea to store all your passwords in a secure location, whether it’s a digital file on your computer or a physical notebook with your passwords. However, the security of methods for storing passwords is questionable. Password managers can help in this situation.

Why Businesses Need Password Management Software

A password manager can benefit your company, especially if most of your operations and transactions happen online, as is typical today. Today, we conduct most business online. A web browser-based manager, a portable manager, a desktop-based manager, or a cloud-based manager are several kinds of managers used today. The second option is the one that is essential for commercial settings. Why so? Here are some excellent reasons.

You don’t have to remember every password that you have.

Almost everything we do online requires logging in as a precautionary measure. The typical person must keep track of at least a dozen separate passwords. Perhaps using the same password for all your accounts will make it easier for you to remember them, but doing so is not at all secure.

With password management, you won’t have to remember as many passwords because the software will remember them for you. This feature makes remembering passwords a lot easier. Because of this, you will have reduced mental congestion, which leads to increased work productivity. You only need to remember one password to use the password manager.

You can access your passwords regardless of where you are.

Because your IT provider hosts your password manager in the cloud, you can access it from any location if you can connect to the internet. It’s not just you. Any person granted permission to access the account will also be able to get access to the passwords.

You will have increased protection if you have Password Management.

Using cloud-based password managers, like many other cloud services, gives you solid security safeguards that you can rely on. If you use the password manager to generate passwords, which is another one of their functions, they will give you something more secure than your birthday or the name of your spouse as a password. If you use the password manager to store your passwords, it will do so securely.

An Additional Layer of Protection

A password manager is an extremely helpful tool, both in terms of convenience and safety. As the owner of a business, you may also use many other innovative options to safeguard the confidentiality of your information. Using biometrics as an alternate login method is currently one of the most widespread options in the modern world.

Biometrics

Because biometrics use an individual’s distinctive physical characteristics, such as fingerprints, as well as facial or voice recognition, nobody else can access an individual’s account without that individual’s permission.

Multi-factor Authentication with Password Management

This is yet another method that may increase the safety of passwords. The additional steps of verification will significantly cut down on the likelihood that unauthorized individuals will gain access.

Protect Your Company by Keeping Your Passwords Private and Secure

Watch our Webinar on Digital Estate Planning and why Password Management is a must. Even though it may seem like such a trivial matter, keeping your passwords safe and secure is necessary to ensure the integrity of your company. Contact us right now so we can start setting up a password management system that’s right for you.

The Biggest Cybersecurity Threats of 2023

As the world becomes an increasingly tech-reliant place, the threat of cybercrime continues to grow. Cybersecurity threats can come from a variety of places and at various scales. From nation-states and terrorist groups to individual hackers, there’s no end to the possible sources of cybersecurity threats. In this blog, we’ll discuss the common sources and types of cybersecurity threats and break down how you can stay protected in a scary digital world.

Common Sources of Cybersecurity Threats

Cybersecurity threats come from many different sources. They can range from individual attacks to large government-run operations from hostile countries. Here are a few common sources of cybersecurity threats that could impact your organization:

  • Nation-States: Foreign nations with hostile intentions may use sophisticated technologies to infiltrate local institutions and cause chaos, disrupting communication channels and causing irreversible harm in the process. The potential consequences of such attacks cannot be overstated, and it is up to individuals and organizations to remain vigilant and take proactive measures to safeguard their online assets.
  • Terrorist Organizations: In the realm of modern warfare, terrorists have devised a new means of destruction – cyber attacks. These attacks are typically aimed at crippling vital infrastructure, wreaking havoc on economies, threatening national security, and even endangering the lives and well-being of innocent citizens.
  • Criminal Groups: Sophisticated gangs of cybercriminals are exploiting advanced tactics to infiltrate computer systems with the intent of reaping economic rewards. Through a combination of phishing, spamming, and malware, these nefarious organizations are stealing private data, perpetrating online scams, and extorting their victims. Even the most vigilant digital security measures can be compromised, leading to potentially dire consequences for individuals and businesses alike.
  • Hackers: The threat of individuals targeting organizations through hacking techniques is an ongoing concern. Driven by a variety of motives, including personal gain, financial profit, or political activism, hackers often seek to bring chaos to the digital world. In the quest to improve their skills and reputation within the hacker community, these individuals continually develop new and innovative ways to cause harm to their targets.
  • Malicious Insiders: Insider threats refer to an enemy within, wreaking havoc from right under the organization’s nose. These sly attackers are individuals who have legitimate access to a company’s assets but choose to abuse their privileges to either steal information or cause damage to the computing systems. Insiders can come in different forms, including employees, contractors, suppliers, or even partners of the target organization, and in some cases, intruders who have hacked into privileged accounts and are masquerading as the account owner.

Common Types of Cybersecurity Threats

As technology and security measures advance, so do the ways in which cybersecurity threats are carried out. Here are some of the most common types of cybersecurity threats in 2023:

  • Malware Attacks: Malware covers a range of malicious software, including viruses, worms, trojans, spyware, and ransomware, all designed to infiltrate and wreak havoc on computer systems. These dangerous programs can enter your systems through links on untrusted websites or emails or through the download of unwanted software. Once inside, malware can manipulate and block access to important network components, as well as collect sensitive data and even shut down entire systems.
  • Social Engineering Attacks: Social engineering attacks involve tricking unsuspecting users into letting them in by posing as a trustworthy source. The results can be devastating, leaving the victim with compromised security and potential malware lurking on their device. Some of the most common examples of social engineering attacks include: baiting, pretexting, phishing or spear-phishing, piggybacking, and tailgating.
  • Supply Chain Attacks: Supply chain attacks are a new and dangerous form of cyberthreat, exploiting legitimate applications to spread malware via source code or update mechanisms. Attackers target insecure network protocols, server infrastructure and coding techniques in order to compromise build processes, modify the software’s source code without detection from vendors and stealthily conceal malicious content.

Cybersecurity Solutions That Work

At FIT Solutions, we understand that the ever-changing landscape of cybersecurity threats can seem daunting. With a wide array of sources and types of threats, it can seem like everyone is out to get you. That’s why you need the team of experts at FIT Solutions on your side. Our cybersecurity solutions will help keep your organization safe and give you the peace of mind you’re looking for. Contact us today to learn more about how we can protect you from cybersecurity threats.

Penetration Testing Explained: Best Cybersecurity Practices

Penetration testing, also known as pen testing, is an essential cybersecurity practice that involves a skilled professional attempting to uncover and exploit weaknesses in computer systems. This simulated attack is designed to assess the effectiveness of a system’s defense mechanisms and reveal any vulnerabilities that could be exploited by malicious actors. Through pen testing, organizations can stay ahead of security threats and prevent potential attacks.

To give an example of what this looks like, imagine a high-stakes game of cat and mouse as a bank hires an individual to play the role of a burglar and attempt to break into their building. The ultimate objective is to gain access to the all-important vault. This clever strategy allows the bank to gain valuable insight into exactly how vulnerable their security measures are. If the imitation burglar succeeds, the bank will be able to take immediate action to fortify its defenses and ensure its customers’ assets are protected. This is basically how penetration testing works. Any weaknesses or vulnerabilities discovered are reported, and an organization can then make the necessary changes to its security practices. 

 

Who Performs Penetration Testing?

A pen test can be a crucial step in securing a system, but it’s not just about identifying the obvious vulnerabilities that automated testing could catch. In fact, the most valuable insights come from pen testers who are unfamiliar with the system. Often referred to as ‘ethical hackers,’ these contractors are brought in to identify blind spots. They use real-world techniques that are currently in use by malicious actors to not just identify gaps, but how several seemingly minor vulnerabilities could be linked together to create a much bigger threat. It’s a delicate balancing act – hacking into a system ethically – but the results lead to a more secure environment.

Ethical hacking is more than just a skillset; it’s a diverse and dynamic field that attracts a wide range of experts. Some ethical hackers hold impressive credentials, with advanced degrees and official certifications in pen testing. Yet others come from unconventional backgrounds and learned their skills through trial and error, often by transitioning from the dark side of hacking to the light. However, to find the best ethical hacker for a specific job, it is essential to consider the target company and the objectives of the pen test. In this way, pen testing is both an art and a science, tailored to meet the unique needs of each organization.

 

How is Penetration Testing Carried Out?

A crucial component of pen testing involves an initial phase of reconnaissance, where a skilled ethical hacker painstakingly collects the raw materials necessary to craft their simulated assault. From there, the emphasis shifts to actively infiltrating and persistently controlling the target system, a feat that demands a diverse arsenal of specialized tools and techniques.

Unleashing a successful hack depends on having the right arsenal, and savvy ethical hackers know how to deploy an array of tools and tactics to uncover vulnerabilities within a network. Whether it’s software programs specifically designed to carry out forceful brute attacks or SQL injections, or small, innocuous-looking boxes that can be plugged into a computer to remotely infiltrate a network, these hackers have at their disposal a diverse range of hardware and software to uncover potential security gaps. But that’s only half the battle. The most experienced ethical hackers understand that human touch can further open doors. Through the use of social engineering techniques, where, for instance, the hacker can send fake emails to employees or even show up at the company disguised as a delivery person or tech support, they exploit the human tendency to trust.

 

How Can Penetration Testing Help You?

Penetration testing is a powerful tool that can help organizations identify and patch up system vulnerabilities before they are exposed.  Investing in proper pen tests now will save you time and money down the road—not to mention give you peace of mind knowing that your sensitive information is secure. With the team at FIT Solutions, you can rest assured knowing you’re getting the absolute best penetration testing services around. For more information about penetration testing or any of the other services we offer, contact us today.

What is Security Information & Event Management (SIEM)?

In the world of cybersecurity, there’s a powerful ally keeping watch over organizations’ sensitive data – a SIEM tool, or Security Information and Event Management. This advanced solution acts like a security guard, constantly scanning for suspicious activity and alerting teams to potential threats before they can wreak havoc. Using sophisticated AI technology, a SIEM tool automates many of the time-consuming processes of threat detection and response, making it an indispensable tool for modern-day Security Operation Centers (SOCs). With its ability to uncover user behavior anomalies and pinpoint vulnerabilities, a SIEM tool is a game-changing solution for safeguarding against security breaches and ensuring compliance with industry regulations.

SIEM has transformed from basic log management to a robust process that harnesses the potential of AI and machine learning to deliver advanced user and entity behavior analytics (UEBA). It’s like a finely-tuned orchestra, expertly communicating and coordinating data sources to protect against evolving threats. SIEM is also a powerful conductor for regulatory compliance and reporting, ensuring that your organization stays in tune with industry standards.

How Does SIEM Work?

Fundamentally, SIEM solutions are like vigilant guardians, tirelessly collecting, organizing, and analyzing data to detect any signs of danger lurking in the shadows. While some tools may boast unique features, they all share a common purpose – to safeguard against cyber threats and ensure regulatory compliance. While some solutions’ capabilities vary, most offer the same core functionalities:

  • Log Management: SIEM is a sophisticated system that collects and analyzes vital event data from multiple sources throughout an organization’s network, bringing disparate logs and flow data into one central storage location. By consolidating this information in real-time, IT and security teams can more easily respond to potential security threats. SIEM solutions often incorporate the use of third-party threat intelligence feeds to detect and block new types of attack signatures. Through continuous integration with real-time threat feeds, SIEM becomes a powerful tool in the fight against online security threats.
  • Event Correlation and Analytics: Event correlation is an integral component of any first-rate SIEM system. Skillfully analyzing complex data sets and event correlation uncovers valuable insights that allow IT security teams to swiftly identify and address possible threats to enterprise security. With the help of advanced analytics, SIEM systems reduce the average time to detect and respond – freeing up valuable time and resources previously dedicated to cumbersome manual tasks associated with deep-dive security analysis.
  • Incident Monitoring and Security Alerts: SIEM solutions empower organizations to seamlessly manage their on-premise and cloud-based infrastructure. This cutting-edge technology efficiently detects all entities of the IT environment, which enables it to watch out for security incidents in connected users, devices, and applications. Through its exceptional ability to classify abnormal behavior, SIEM technology provides instantaneous alerts and enables administrators to take prompt action to prevent significant security threats. Customizable correlation rules further enhance this process, cementing the efficacy of SIEM solutions in safeguarding critical systems and data.
  • Compliance Management and Reporting: Sophisticated enterprises use SIEM solutions to navigate the regulatory landscape with ease. By automating the collection and analysis of data, SIEM proves to be an invaluable tool to verify compliance across organizations’ infrastructure. Real-time reports can be generated for various compliance standards, including PCI-DSS, GDPR, HIPAA, and SOX. SIEM lightens the load of security management, detecting possible violations at the earliest stages. In addition, pre-built and ready-to-install apps can generate reports, streamlining the compliance process.

The Benefits of SIEM

It is crucial for organizations of all sizes to be vigilant in detecting and preventing IT security threats. Implementing SIEM can provide numerous advantages by simplifying the security process. The benefits of SIEM include advanced real-time threat recognition, regulatory compliance auditing, AI-driven automation, improved organizational efficiency, detecting advanced and unknown threats, conducting forensic investigations, assessing and reporting on compliance, and monitoring users and applications.

SIEM solutions are a powerful tool for organizations of all sizes to have in their arsenal. For more information on SIEM and other cybersecurity solutions, contact FIT Solutions today.

FIT Solutions and Cardone Ventures Acquire Stryker Networks

This brand-new joint venture partnership is said to bring massive growth, scaling, and wealth-creation opportunities for all businesses involved.

MIAMI, FL / ACCESSWIRE / May 22, 2023 / Cardone Ventures, co-founded by Grant Cardone and Brandon Dawson, are proud to announce their most recent acquisition of Stryker Networks-a direct result of their partnership with FIT Solutions, owned by Ephraim Ebstein. The goal behind the acquisition is to provide thousands of cyber management operators within their networks with massive opportunities for growth and scaling, thus continuing the national rollout of the 10X Cyber management company.

Grant Cardone and Brandon Dawson
Grant Cardone and Brandon Dawson

“Partnering with Grant, Brandon, and the Cardone Ventures team was a no-brainer for me,” says Ephraim Ebstein, founder of FIT Solutions. “I saw the vision they had, the team behind them, and data to back it all up… My team and I are excited to be a part of that story.”

Acquiring Stryker Networks is just the beginning for Cardone Ventures and FIT Solutions. Both businesses understand the importance of bringing value for their customers. With a shared mission and vision, Grant, Brandon, Ephraim, and Mark Greene (owner of Stryker Networks) are ready to do whatever it takes to make their goals a reality.

“Our intention is to disrupt the cyber security space by partnering with business owners like Ephraim and companies like FIT Solutions,” says Brandon Dawson, CEO and co-founder of Cardone Ventures. “This joint venture will help us continue down the path toward building our world-class, national organization.”

Cardone Ventures’ affiliate 10X Cyber and Management Services and its partners are ready to revolutionize the industry and provide massive value to their clients. And with the right foundations in place, there’s no telling how far the teams at Cardone Ventures, FIT Solutions, and Stryker Networks will go.

About Cardone Ventures: Cardone Ventures is a business consulting company founded by Grant Cardone and Brandon Dawson that helps business owners attain their personal, professional, and financial goals. Together, they help business owners experience their company from a 360-degree perspective, including operations, marketing, finance, and people. Cardone Ventures’ focus is to help entrepreneurs grow from $2 million to $500 million+ and 10X all aspects of their business. The brand new Cardone Ventures Scottsdale Headquarters is located at 4800 N Scottsdale Rd. Suite 5500, Scottsdale, AZ 85251. For more information on Cardone Ventures, visit: https://www.cardoneventures.com

About FIT Solutions: FIT Solutions is a leading provider of IT services and solutions. They specialize in Managed IT, Enterprise IT, Cybersecurity, Cloud Services, IT Projects, and Healthcare IT. Their team of certified professionals is dedicated to keeping up with the latest technologies and trends so they can provide the best solutions for their clients. Whether you need Managed IT, Enterprise IT, Cloud Services, Cybersecurity, or Healthcare IT services, FIT has the expertise and resources to help your organization reach its technology goals quickly and cost-effectively. Learn more about each of the individual IT and managed cybersecurity services by clicking here: https://fitsolutions.biz

Contact Information

Jeremy Gabbert
EVP of Revenue and Marketing
[email protected]
503-536-0997

SOURCE: Cardone Ventures

Spring4Shell: Zero-Day Vulnerability in Spring Framework

What Happened?

On March 30, 2022, we received word through our channels of a remote code execution vulnerability in Spring Framework when a Chinese-speaking researcher published a GitHub commit that contained proof-of-concept (PoC) exploit code.

This uploaded exploit targeted a zero-day vulnerability in the Spring Core module of the Spring Framework. Spring is maintained by Spring.io (a subsidiary of VMWare) and is used by many Java-based enterprise software frameworks. The vulnerability in the leaked proof-of-concept, which appeared to allow unauthenticated attackers to execute code on target systems, was exploited quickly.

What Are We Doing?

1. Actively monitoring public data streams pertaining to this situation. We are also researching with Rapid7’s research team who can confirm the zero-day vulnerability is real and provides unauthenticated remote code execution.

Proof-of-concept exploits exist, but it’s currently unclear which real-world applications use the vulnerable functionality. As of March 31, Spring has also confirmed the vulnerability and has released Spring Framework versions 5.3.18 and 5.2.20 to address it.

It affects Spring MVC and Spring WebFlux applications running on JDK 9+. As additional information becomes available, we will evaluate the feasibility of vulnerability checks, attack modules, detections, and Metasploit modules.

While Rapid7 does not have a direct detection in place for this exploit, they do have behavior- based detection mechanisms in place to alert on common follow-on attacker activity.

2. Informing our SOC Analysts of the investigation and providing them with the necessary briefings to deploy any defenses provided by our partners.

3. Reinforcing our recommendations by communicating the need for layered security and applying rock solid standards provided by public vendor neutral agencies like the Center for Internet Security. The goal of these standards is a stronger, robust layering of protective measures for our FIT clients.

What You Can Do

The vulnerability affects SpringMVC and Spring WebFlux applications running on JDK 9+. As of 10AM, EDT March 31, 2022, CVE-2022-22965 has been assigned to this vulnerability.

Spring has confirmed the zero-day vulnerability and has released Spring Framework versions 5.3.18 and 5.2.20 to address it.

https://spring.io/blog/2022/03/31/spring-framework-rce-early-announcement

Evaluate your environment for this vulnerability and patch as needed. We are big fans of the work performed by the Center for Internet Security (CIS). CIS is a nonprofit organization, formed in October 2000.

Its mission is to make the connected world a safer place by developing, validating, and promoting timely best practice solutions that help people, businesses, and governments protect themselves against pervasive cyber threats.

Spring4J would be best mitigated by applying the CIS Controls:

Control 02 – Inventory and Control of Software Assets

Actively manage (inventory, track, and correct) all software (operating systems and applications) on the network so that only authorized software is installed and can execute, and that unauthorized and unmanaged software is found and prevented from installation or execution.

Control 08 – Audit Log Management

Collect, alert, review, and retain audit logs of events that could help detect, understand, or recover from an attack.

Control 12 – Network Monitoring & Defense

Operate processes and tooling to establish and maintain comprehensive network monitoring and defense against security threats across the enterprise’s network infrastructure and user base.

If you have any questions about how to further implement these controls in your environment, FIT Cybersecurity would love to provide guidance and help you improve your security posture.

 

— The FIT Cyber Team

Serious Cybersecurity Vulnerabilities: Apache Log4j & SMA-3217

UPDATE — 12/18/21

There have been more developments in the ongoing remediation of the Log4j logging library and connected vulnerabilities.

The initial patch, version 2.15.0, that aimed to resolve the remote code execution vulnerability described in CVE-2021-44228 was found to be incomplete and led to the discovery of CVE-2021-45046. Initially thought to be a minor DoS vulnerability, CVE-2021-45046 was assigned a CVSS of 3.7. As of late yesterday, CVE-2021-45046 was elevated to a CVSS of 9 due to newly discovered attack vectors that would allow bad actors to exfiltrate data. A patch was quickly released in version 2.16.0 to remediate it.  Earlier this morning, a new flaw was identified in the patch version 2.16.0 that has required a new patch release (version 2.17.0) and a new vulnerability tracking ID of CVE-2021-45105. The identified flaw is a severe DoS vulnerability that would allow bad actors to perpetrate Denial-of-Service attacks against affected assets. CVE-2021-45105 has been assigned a CVSS of 7.5.

The risk with these vulnerabilities not only rests in active use of the Log4j library within production applications developed by your company, but also in several standard workplace applications and solutions that also utilize it. Log4j is one of the most ubiquitous logging libraries and is used in a plethora of applications and solutions. It is likely that some of the applications you use in your environment are affected and therefore vulnerable. These are called nested vulnerabilities as they stem from a utility that is used within standardly deployed applications and are dependent on patch releases from the vendor to remediate.

 

FIT’s Response:

FIT is continuing to monitor the situation closely and apply patches as they become available. FIT engineering will be reaching out as patches are released to setup emergency patching windows for FIT IT managed clients.

 

Recommendations:

If you are currently utilizing Log4j in your development or infrastructure, FIT recommends immediately applying the patch in version 2.17.0 (Java 8).

Additionally, these vulnerabilities have highlighted the importance of running a full application inventory of your environment and monitoring attack surface lists of affected applications to compare. It is critical to apply patches when available to all affected applications in your environment. The primary attack surface list in use by FIT Cybersecurity is published by Rumble and can be found here – Finding applications that use Log4J (rumble.run). It is updated daily, if not twice daily, and maintains the most complete list of applications affected by these vulnerabilities.

 

UPDATE — 12/17/21

CVE-2021-44228 & CVE-2021-45046

VMWare is starting to release patches for both vulnerabilities. Please reference this article against your environment to determine what patches are available for your infrastructure: VMSA-2021-0028.3 (vmware.com)

FIT Managed IT clients will be hearing from your engineering team as patches for your environment become available.

FIT Cloud Clients, emergency patches are being applied to your infrastructures this weekend.

Please Note: This is just the first round of patches and not everything has had a patch released yet. We anticipate this process continuing for the next few weeks at least. Depending on your environment, it is very possible you will need several emergency patching windows as more and more patches become available.

 

UPDATE —  12/16/21

We’d like to provide a status update of where we stand with the remediation efforts of the Log4j vulnerabilities (CVE-2021-44228 and CVE-2021-45046).

CVE-2021-44228

FIT Solutions’ Managed IT clients are 95% patched for on-premise assets that are affected by this vulnerability, and the last 5% are actively being worked on by the engineering team. This vulnerability scope is evolving as new applications and services are identified to be vulnerable. FIT Solutions is actively investigating and monitoring all client infrastructures to identify and address any newly discovered vulnerable systems.

CVE-2021-45046

This new vulnerability that was produced from the remediation of CVE-2021-44228 remains in the monitoring state. A few patches have been released to address this, but a majority of software and solution providers are still working on updated patches to address it. FIT Cybersecurity is actively monitoring the situation and engaging the engineering team as soon as patches become available to implement in client environments.

Updated Recommendation

FIT Cybersecurity is recommending an additional layer of protection that can assist in defending against the Log4j vulnerabilities. If it is possible in the environment, we recommend that Outbound LDAP communications be blocked on the firewall. This will not completely protect your environment from the Log4j vulnerability, but will hamper attempts by bad actors to exploit the vulnerability by utilizing LDAP. FIT Cybersecurity and FIT Solutions will continue to collaborate on monitoring the situation and remediating client environments. If you have any questions or concerns, please do not hesitate to reach out to [email protected].

 

UPDATE — 12/15/21

A new vulnerability was discovered that impacts all assets affected by the initial Log4j Vulnerability (CVE-2021-44228). This new vulnerability (CVE-2021-45046) is less severe than CVE-2021-44228 coming in with a CVSS score of 3.7 out of 10. Do not let the lower CVSS score fool you, the vulnerability is still something that requires immediate attention.

The initial patch released for Log4j will prevent an attacker from gaining complete control over an affected asset, but that same patch can be abused by attackers resulting in a denial-of-service (DoS) attack on the affected asset. These DoS attacks have the ability to take an affected asset down by flooding the asset with requests at such a volume that the asset cannot handle the load.

Currently, software and solution providers are scrambling to release new patches of their software that address this new vulnerability. Apache, the initial source of both these vulnerabilities, has released a new version of the Log4j logging library that fixes this issue. If you actively use Log4j, please make sure you update your version to 2.16.0 which resolves both vulnerabilities.

Here are some additional resources for more information on the new vulnerability CVE-2021-45046:

Apache’s Fix for Log4Shell Can Lead to DoS Attacks | Threatpost

Second Log4j Vulnerability (CVE-2021-45046) Discovered — New Patch Released (thehackernews.com)

FIT Cybersecurity and FIT Solutions Response

FIT Cybersecurity and FIT Solutions are collaborating actively to patch all FIT Solutions IT clients and advise all cybersecurity clients on next steps. As more patches become available, FIT Solutions will reach out to IT clients for emergency patching windows. It is important to note, about 90% of affected assets from FIT Managed IT clients have been patched with the initial patch or a workaround has been implemented. The remaining 10% are actively being worked on to complete patching of the initial CVE-2021-44228.

 

UPDATE — 12/14/21

Only about 30% of the software vendors impacted have released patches thus far. We urge decision-makers to approve emergency patching all week if possible as updates come out during the week. Though patching updates can be disruptive to work, the interruption would be far less than that caused by a breach. Our cybersecurity team built custom monitoring alerts to increase threat hunting while we wait for patches to be released. Our team is also trained on emergency response actions to stop the exploit from being leveraged. We are working with all our clients to strategically make plans to minimize risk to their businesses. For users of FIT Cloud, we have applied the work-around fixes to VMware while a patch is being developed to protect the Cloud infrastructure.

 

INITIAL 12/13/21

Late last week, two vulnerabilities came to light that have made large waves in the cybersecurity space. We wanted to make sure you are informed of these new and potentially dangerous vulnerabilities. FIT Solutions stands ready to assist in any way we can as we go through the remediation of these new vulnerabilities. Please do not hesitate to reach out to [email protected] with any questions or concerns you may have.

 

Apache Log4j Logging Library Vulnerability | CVE-2021-44228 | CVSS 10.0

The Apache Log4j vulnerability was released late on Friday, December 10, and has a large attack surface with potentially dangerous effects. This vulnerability allows attackers to gain complete control of affected systems. The Log4j logging library is widely used and can be found in different services from Apple, Twitter, Steam, Tesla, Elastic Search, and more. Ranking as a CVSS 10.0 out of 10, this vulnerability poses a significant threat to those that utilize or interact with the Apache Log4j Logging Library, and it is already being exploited in the wild.

This is a high criticality vulnerability and deserves your immediate attention. Recommended remediation is to immediately upgrade any direct use of the Log4j library to log4j-2.15.0.rc2. Log4j is also utilized in several tools for logging, monitoring, alerting, and dashboard solutions. This means the issue may not be that you are directly using the library, but your tools are, which would also leave you vulnerable. In these instances, update your tools to the latest version and monitor their publishers’ releases to ensure you update to the release meant to fix CVE-2021-44228.

Log4j is also a dependency in large number of applications for business and personal use. In these circumstances, we must wait for the application provider to update the Log4j library. With the intense scrutiny and attention this vulnerability has received, we anticipate patching within the next couple days if the issue has not been patched already.

If you are not sure if you or one of the tools you utilize use Log4j, Huntress has come out with a utility to check if you are vulnerable – Huntress – Log4Shell Tester

Here are some additional resources for CVE-2021-44228:

Critical RCE Vulnerability: log4j – CVE-2021-44228 (huntress.com)

Security warning: New zero-day in the Log4j Java library is already being exploited | ZDNet

NVD – CVE-2021-44228 (nist.gov)

 

SMA-3217 – SMA100 Unauthenticated Stack-based Buffer Overflow| CVE-2021-20038 | CVSS 9.8

The Unauthenticated Stack-based Buffer Overflow vulnerability is significant but in much smaller scope than the Log4j vulnerability. Affecting SMA 100 series appliances, this vulnerability can allow an unauthenticated attacker to execute commands as the nobody user, giving complete control of the device to the attacker.

Currently, there are no reports of this vulnerability being exploited in the wild, but it still warrants patching if you utilize any of these appliances. A patch has already been deployed by SonicWall and is readily available to all organizations that utilize these appliances. Our remediation recommendation is to immediately apply this patch to all affected SMA appliances.

Here are some more resources for CVE-2021-20038:

Security Advisory (sonicwall.com)

NVD – CVE-2021-20038 (nist.gov)

Patch Now: Sonicwall Fixes Multiple Vulnerabilities in SMA 100 Devices | Rapid7 Blog

FIT Cybersecurity & FIT Solutions Response

FIT Cybersecurity already has monitoring deployed to watch for Log4j exploitation attempts and is closely monitoring all logs for evidence of these attempts on our clients. We are collaborating with the engineering teams for FIT Solutions customers to ensure any available patches are applied to your environment immediately.

We are ready to assist and answer any questions you may have concerning these vulnerabilities.

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