A new virus attacks security video cameras

15 August, 2016

The new malware dubbed Radiation, affected companies in Taiwan, US and Israel, and caused hundreds of millions of Dollars damages

The new malware dubbed Radiation, affected companies in Taiwan, US and Israel, and caused hundreds of millions of Dollars damages

CYBERX-IOT

The IoT is here, and with it, the number pf devices connected to the internet is growing exponentially. This increasing connectivity has a dark side – a growing risk of cyber-attacks aimed at Iot devices. Israeli cyber security CyberX, specializing in securing the Industrial Internet, has revealed a new malware dubbed Radiation at the DEF CON 2016 convention held in Las Vegas.

The malware was revealed as part of the research of a global cyber security campaign, dubbed RADIATION by the CyberX research team. The uniqueness of this campaign can be attributed to the targeting of IoT devices and the enhancement of an existing family of malware for that purpose. The malware infected organizations in multiple industries, with the highest number of victims residing in Taiwan, US and Israel. The RADIATION campaign is categorized as an IoT Distributed Denial of Service (DDoS) campaign. The discovery of RADIATION comes only days following a demonstration of another advanced IoT attack, which was referred to as the “first ransomware for IoT thermostats” in DEF CON 2016.

The Radiation case adds to a further case study presented at the convention – a ransomware attacking connected thermostat systems. The growing cyber threat in the field of IoT were amongst the main subhects of this year’s DEF CON convention. The number of device interconnected by IoT platforms such as PTC’s ThingWorx or GE Predix is rapidly growing.

CTO Nir Giler
CTO Nir Giler

CyberX was founded in 2013 by CEO Omer Schneider and CTO Nir Giler. Early this month the company raised $9 million in a funding round led by Venture capital fund Flint Capital. The company employs 25 workers, operating in Israel, the US, Europe and Asia, serving customers from various industry and infrastructure branches.

This event is a cornerstone in the evolution of IoT security. These advanced threats are shaping before our very eyes, and should not be taken lightly,” said Omer Schneider, CEO & Co-Founder of CyberX. “RADIATION demonstrates the continuously evolving skillset of attackers. It is only the beginning of what we believe to be the dawn of IoT cyber campaigns,” said Nir Giller, CTO & Co-founder of CyberX. “Ranging from manipulation of infusion pumps to ransomware for IoT thermostats, IoT environments are becoming high value targets.”

Cyber Security for high tech industries

The Radiation malware was identified bt CyberX’s cyber security solution XSense. cyberX’s solution is designed for industrial IoT environments in which operational systems are connected via communication networks. XSense continuously learns the operational network, adapts to changes within it and detects operational and cyber threats in real-time. The machine learning process enhances the capability of the platform to provide early detection of incidents and enriches the advanced XSense detection algorithms for rapid incident identification and alerting. This process enables to minimize human error, resulting in lower risk of downtime and ease of administration.

Machine learning features are of great importance in an industrial high tech environment in which operational technology communicates using information technologies. Such environments are virtually “human free”, and thus require a security solution to learn how the systems operate automatically, thus recognizing suspicious activities.

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