NEWS
Sophos launches Rapid Response service to identify and neutralize active cybersecurity attacks
Sophos , a global leader in next-generation cybersecurity , has announced the availability of Sophos Rapid Response , an industry-first , fixed-fee remote incident response service that identifies and neutralizes active cybersecurity attacks throughout its entire 45-day term of engagement .
Sophos Rapid Response provides organizations with a dedicated 24 / 7 team of incident responders , threat hunters and threat analysts to quickly stop advanced attacks and remove adversaries from their networks , minimizing damage and costs and reducing recovery time .
Sophos Rapid Response has identified the first known use of the Buer malware dropper to deliver ransomware . In new research published today from Sophos Rapid Response and SophosLabs , ‘ Hacks for Sale : Inside the Buer Loader Malware-as-a-Service ’, Sophos details how Buer compromises Windows PCs and enables attackers to deliver a payload .
Sophos Rapid Response made the discovery while mitigating a recent Ryuk ransomware attack , which was detected and stopped as part of a wave of Ryuk attacks using new tools , techniques and procedures . In this incident , the relentless attackers used a new variant of Buer in an attempt to launch Ryuk ransomware , before expanding their efforts to mix the use of Buer with other types of loader malware .
“ When you ’ re hit with an attack , time is of the essence . Every minute between initial compromise and neutralization counts , as adversaries race through the attack lifecycle ,” said Joe Levy , Chief Technology Officer at Sophos .
Red Wing Shoe Company wins award following Blackline platform deployment
The Red Wing Shoe Company , an American footwear company , has been named a winner in the 2020 Nucleus Research ROI Awards after automating processes with BlackLine ’ s cloud-based modern accounting platform .
The company achieved 379 % ROI automating processes with the platform , according to a study by global technology research and advisory services firm Nucleus Research . Nucleus found that after deploying BlackLine ’ s Tasks , Reconciliation , Journal Entry and Transaction Matching solutions to streamline its finance and accounting processes , Red Wing Shoe Company ’ s corporate finance , retail finance and accounting teams achieved significant gains , with payback in just 4.8 months and savings valued at over US $ 1.2 million a year coming from increased productivity from reduced workloads , time savings from streamlined tasks and improved organizational visibility .
Founded in 1905 , Red Wing Shoe Company is a premium quality work and safety footwear brand , currently distributing products to over 100 countries including at more than 4,000 US retail locations .
“ Red Wing Shoe Company ’ s legacy accounting system lacked standardization and controls and as the company grew , managing their finance and accounting processes became increasingly inefficient and laborious ,” said Isaac Gould , Analyst at Nucleus Research and author of the report .
“ BlackLine enabled Red Wing Shoe Company to achieve organizational visibility by unifying all its finance and accounting processes and data in a single location , as well as implement standardization and controls over its workflows .”
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