This year has been a challenging one for organizations that faced data breaches, intrusions and ransomware attacks at the hands of cyber criminals and nation-state attackers. Cybersecurity firm FireEye announced on Dec. 8, 2020, that an adversary targeted and gained unauthorized access to its Red Team tools — an important call to every company to remain vigilant and be prepared for a potential incident.

FireEye reported that the attack affected its networks and released information to the industry and authorities. As part of its rapid response, the company has released countermeasures (posted to GitHub) that can help detect or block the use of their stolen Red Team tools.

This incident underscores that any organization can be targeted and attacked by a persistent and sophisticated adversary. In this case, FireEye notes the tactics used against it are “consistent with a nation-state cyber-espionage effort.”

Among the many incidents that plagued companies this past year, this serves as a reminder of the necessity of methodical preparation for when an incident may occur, including:

  • Have an incident response plan and an internal team in charge of incident identification and escalation.
  • Develop incident response plans according to risks and threats that apply to your organization, practice the plans and ensure key leaders know their roles.
  • Prepare and rehearse your cyber crisis management plan. If your executives, communications, legal, finance and marketing teams are meeting for the first time on how they would respond to an incident in the hours after one occurs, it is too late.
  • As needed, have an incident response firm on retainer and know when to call for help and who makes that decision as quickly as possible.

IBM Security’s X-Force team will provide additional materials about the incident on X-Force Exchange. Please visit often or subscribe to receive email notifications to stay up to date. Please revisit this blog for additional updates as relevant.

If your organization requires immediate assistance with incident response, please contact IBM Security X-Force’s US hotline 1-888-241-9812 or Global hotline (+001) 312-212-8034. Learn more about X-Force’s threat intelligence and incident response services.

More from Incident Response

3 recommendations for adopting generative AI for cyber defense

3 min read - In the past eighteen months, generative AI (gen AI) has gone from being the source of jaw-dropping demos to a top strategic priority in nearly every industry. A majority of CEOs report feeling under pressure to invest in gen AI. Product teams are now scrambling to build gen AI into their solutions and services. The EU and US are beginning to put new regulatory frameworks in place to manage AI risks.Amid all this commotion, hackers and other cybercriminals are hardly…

What we can learn from the best collegiate cyber defenders

3 min read - This year marked the 19th season of the National Collegiate Cyber Defense Competition (NCCDC). For those unfamiliar, CCDC is a competition that puts student teams in charge of managing IT for a fictitious company as the network is undergoing a fundamental transformation. This year the challenge involved a common scenario: a merger. Ten finalist teams were tasked with managing IT infrastructure during this migrational period and, as an added bonus, the networks were simultaneously attacked by a group of red…

Why security orchestration, automation and response (SOAR) is fundamental to a security platform

3 min read - Security teams today are facing increased challenges due to the remote and hybrid workforce expansion in the wake of COVID-19. Teams that were already struggling with too many tools and too much data are finding it even more difficult to collaborate and communicate as employees have moved to a virtual security operations center (SOC) model while addressing an increasing number of threats.  Disconnected teams accelerate the need for an open and connected platform approach to security . Adopting this type of…

Topic updates

Get email updates and stay ahead of the latest threats to the security landscape, thought leadership and research.
Subscribe today