Posted in Cyber Security

What happened in the realm of cybersecurity

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By AMSAT Oct 16,2020

Week in review: What happened in the realm of cybersecurity

Reports of encryptions, malware botnets, and malware patches marked the outgoing week. Here is a brief review of news that dominated the cyberworld.

 

“Five Eyes” alliance, India, and Japan called for new ways to access encrypted apps

The “Five Eyes” alliance along with government representatives for India and Japan, demanded that technology companies insert “backdoors” in encrypted apps to give law enforcement agencies the access needed to monitor online crime.

 

Microsoft, other tech companies took down TrickBot botnet

 

A coalition of technology companies stated that it had orchestrated a takedown of the TrickBot malware botnet. The organizations that took part in the takedown included Microsoft’s Defender team, FS-ISAC, ESET, Lumen’s Black Lotus Labs, NTT, and Broadcom’s cyber-security division Symantec.

Microsoft October 2020 Patch Tuesday patched 87 bugs

 

Software giant Microsoft released its monthly set of security patches known as Patch Tuesday, with the company fixing 87 flaws in October, across an extensive range of its products.

The bug was found internally by Microsoft engineers, and OS versions vulnerable to CVE-2020-16898 included Windows 10 and Windows Server 2019.

Zoom plans to roll out end-to-end encryption capabilities

 

Videoconferencing website Zoom said it planned to launch end-to-end encryption (E2EE) capabilities starting next week. E2EE will allow Zoom’s users to create individual encryption keys that will be used to encrypt voice or video calls between them and other conference members.

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  • TrickBot botnet

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    Of Firewall and Its Types
    Posted in Cyber Security

    A Comprehensive Review of Firewalls and Their Types

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    A Comprehensive Review of Firewalls and Their Types

    By AMSAT Oct 16,2020

    A Comprehensive Review of Firewalls and Their Types

    One of the major issues organizations face when trying to acquire their important data is finding the correct tools for the work in question. Indeed, several companies might find it hard to discover the right firewalls for their specific needs, how to organize them, or why they might be important.

    What is a Firewall?

    A firewall is a software program that stops unlawful access to or from a private network. They are tools that can be used to improve the security of computers connected to a network, such as LAN or the Internet. They are an essential part of a wide-ranging security framework for your network.

    Types of Firewalls

    Firewalls can be divided into different types, some of which are as follows.

    • Packet-filtering firewalls
    • Circuit-level gateways
    • Application-level gateways (a.k.a. proxy firewalls)
    • Next-gen firewalls
    • Software firewalls
    • Hardware firewalls
    • Cloud firewalls

     

    Packet-Filtering Firewalls

    Packet-friendly firewalls essentially produce a checkpoint at a traffic router or switch. This firewall is both a tool and a procedure that is a basic component of network security. Packet filtering typically is inexpensive to implement, but it must be understood that a packet-filtering device does not provide the same level of security as an application or proxy firewall.

    Circuit-Level Gateways

    These gateways work by confirming the Transmission Control Protocol (TCP) handshake, which is aimed to ensure that the session the packet belongs to is authentic. Although they are extremely resource-efficient, these firewalls do not check the packet itself, which is precisely the reason they are not adequate to secure your business.

    Proxy Firewalls

    These firewalls work at the application layer to filter inbound traffic between your network and the traffic source. Instead of allowing traffic link directly, the proxy firewall first sets up a link to the source of the traffic and evaluates the incoming data packet. Although they are the safest firewalls, their speed and functionality are highly compromised as they can limit which applications a network can support. However, proxy firewalls have only one problem: they can create considerable slowdown owing to the supplementary steps in the data packet modification process.

    Next-Generation Firewalls

    A characteristic NGFW integrates packet inspection with stateful inspection and also comprises some variety of deep packet inspection, in addition to other network security systems, such as intrusion detection/prevention, ransomware filtering and antivirus. Some general features of next-generation firewalls include deep-packet inspection, TCP handshake checks, and surface-level packet review. These firewalls may also comprise other technologies such as intrusion prevention systems (IPSs) that serve to automatically stop targets against your network.

    Software Firewalls

    These firewalls are a very valuable extra layer of security that can be added to the hosts residing on our networks. Software firewalls mostly contain a subgroup of the features that may be found on a large firewall appliance but are often capable of very similar packet filtering and stateful packet inspection.

    Hardware Firewalls

    This firewall serves as a gatekeeper for your server, which sits directly behind the router and can be arranged to evaluate incoming traffic, filter out specific threats as they come across the device. A hardware firewall offers security from both directions, to and from the server. Whenever data crosses the physical firewall, it is scrutinized in the light of predesigned criteria, allowing the firewall to spot and halt threats before they get to internal drives.

    Cloud Firewalls

    Created to stop or reduce unwelcome access to private networks, cloud firewalls are software-based, cloud-deployed network devices. These firewalls are designed for present-day business needs, and sit within online application settings. Installing a cloud firewall is like swapping a bank’s local security cameras and a physical security guard with an international 24/7 security center that has a central staff and security camera feeds from all the places where a bank’s assets are stored.

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      An-insight-into-cyberterrorism
      Posted in Cyber Security

      An insight into cyberterrorism – Overview

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      An-insight-into-cyberterrorism

      By AMSAT Oct 12,2020

      An insight into cyberterrorism

      Cyberterrorism is the scourge facing both large and small organizations today. In fact, in the language of cybersecurity, two terms—cyberterrorism and cyberwarfare—have become the buzzwords.

       

      What is cyberterrorism?

       

      This is all about using the internet for nefarious objectives that seek to threaten or result in serious physical harm—even loss of life. Cyberterrorism often serves the objective to achieve political or ideological advantages through intimidation, terror and threat. The definition of cyberterrorism incorporates terror events like calculated disruption of computer networks through using numerous tools such as worms, viruses, and phishing events.

       

      The explanation and description of cyberterrorism is highly dependent on context and prone to change. When cybercriminals leak or steal information, infiltrate the systems of régimes and conglomerates, they don’t immediately cause physical harm to a property or an individual but the disruption caused by such data breaches can be highly damaging. On the contrary, some experts believe that unlawful ways of receiving and curbing information should be considered as simple hacking rather than cyberterrorism.

      How an organization can be protected against cyberterrorism

      Since any organization may fall victim to cyberterrorism, it’s important that businesses—both large and small—prepare themselves to face any eventuality. In this context, you should often test your security events, perceive the vulnerabilities and mitigate them, while ensuring to update your tools, software and firewalls regularly. You need to device a disaster plan, inform everybody in your IT team to know what their roles and responsibilities are in case a crisis happens. Moreover, you should never be contingent on a single security solution, and always have a back-up plan in place.

      Regardless of the disagreement over the presence of cyberwarfare, many nations including North Korea are known to conduct aggressive cyber actions against other countries.

      Concerns

      Cyberterrorism is getting extremely prominent on social media nowadays. Since the internet is playing a key role in all facets of human life, individuals or groups can use the privacy provided by the internet to intimidate citizens, certain groups, and states, without the looming threat of arrest, harm, or death to the attacker that being physically present would entail. Several groups use paraphernalia such as denial-of-service attack to attack and censor groups who confront them. Many people believe that cyberterrorism is a dangerous threat to countries’ economies, and fear an eruption could possibly lead to another Great Depression. Several leaders have an agreement that cyberterrorism has the highest amount of threat over other plausible attacks on U.S. soil. Although natural disasters are considered a chief threat and have known to be awe-inspiring to people and land, there is ultimately little that can be done to prevent such events from occurring. Therefore, one needs to focus more on preventive incidents that will make internet attacks difficult to implement. The Internet of Things seeks to further combine the simulated and physical worlds, which some experts see as a significant stimulus for states to use fanatical proxies in perpetuation of objectives.

      Dependance on the internet is swiftly rising globally, generating a platform for international cyber terror schemes to be developed and executed as a direct threat to national security. For fanatics, cyber-based incidences have distinct advantages over physical attacks, as they can be executed remotely, covertly, and reasonably cheaply; they also do not need a heavy investment in weaponry and staff.

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        An-Insight-into-Cybersecurity-Compliance
        Posted in Cyber Security

        An Insight into Cybersecurity Compliance

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        An-Insight-into-Cybersecurity-Compliance

        By AMSAT Oct 8,2020

        An Insight into Cybersecurity Compliance

        With a dramatic increase in the number of cyber-attacks all over the world, organizations and governments are looking to impose cybersecurity by establishing more demanding compliance requirements. However, cybersecurity risk often dwarfs compliance requirements. Therefore, to prepare for different compliance needs, enterprises should focus more on strengthening cybersecurity, enabling them to stay ahead of the growing requirements.

        What is Cybersecurity Compliance?


        Security compliance is typically defined as creating a program that sets up risk-based controls to protect the veracity, confidentiality, and accessibility of information stored, processed, or moved. But cybersecurity compliance is not based in an irrelevant standard or limitation. Since different standards are likely to overlap each other, this may lead to confusion and surplus work for enterprises using a checklist-based technique.

        What is cybersecurity compliance framework?

        Achieving compliance within a supervisory framework is an ongoing process. Since the environment is constantly changing, and the working efficacy of a control may fail, steady monitoring and reporting is obligatory, and supervision on exactly what steady monitoring involves is also defined within each framework.


        Cybersecurity compliance framework is a set of guidelines and best practices that organizations need to follow to meet monitoring needs, improve processes, buttress security, and appreciate other business objectives. These frameworks offer ideals that are influenced by internal auditors and other internal stakeholders to evaluate the controls in place within their own organization, or potential customers or investors to measure the possible risks of connecting with an organization.


        How to Create a Cybersecurity Compliance Program

        1. Set up a Compliance Team

        It’s difficult to underestimate the importance of compliance team even for small- and medium-sized businesses. Cybersecurity is not a standalone phenomenon. As organizations continue to move their important operations to the cloud, they should produce a unified workflow and communicate across business and IT departments.


        1. Create a Risk Assessment

        Companies of all sizes ought to engage in the risk evaluation procedure, as more standards and rules focus on taking a risk-based process to compliance.


        1. Set Controls

        Your risk tolerance tells you it’s time you discovered how to reduce or transfer risk. Controls can include firewalls, encryption, password policies, vendor risk management program, employee training, and insurance.


        1. Device Policies

        Policies register your compliance activities and controls, serving as the foundation for any internal or external audits required.


        1. Continuously Oversee and Respond

        All compliance needs zero in on the process in which threats emerge. Threat actors and hackers incessantly work to find novel methods to obtain data. Instead of working to find new flaws, these unprincipled elements seek to revise existing methods. For example, they may assimilate two different types of identified ransomware programs to produce a new one. Constant supervision only finds new threats. The most significant thing for a compliance program is to respond to these problems before they lead to a data breach.

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          Role-of-social-engineering-in-cybersecurity
          Posted in Cyber Security

          Role of social engineering in cybersecurity

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          Role-of-social-engineering-in-cybersecurity

          By AMSAT Oct 7,2020

          Role of social engineering in cybersecurity

          Organizations, both large and small, are being affected by social engineering attacks. And with a rise in frequency, such attacks are also becoming quite sophisticated, thanks to cybercriminals’ ingenious and novel ways to trick employees and individuals into giving out important company data.

          What is social engineering?

          Social engineering is a method used to manipulate people into releasing important and sensitive information. This term incorporates all malicious activities performed through human interactions. The major idea behind this idea is to impact the target victim into taking activities that may not be in their best interest.

          The trickiest element of social engineering is that it deals with human flaws rather than system fiasco or network weaknesses. Nonetheless, social engineering is different from other scams since it is typically one of many steps in a more complex scam technique.


          Why social engineering is important

          If you don’t want to be tricked by threat actors and social engineers into revealing your login credentials and hacking your account, then you must learn about social engineering attacks. However, by a twist of sheer bad luck, once the cyberthieves manage to trick you into divulging your email password, they can easily access your contact list and other important accounts. The problem is not that you don’t have a robust security solution; rather, it has to do with the fact that you sometimes trust people you shouldn’t, and you, inadvertently, end up giving them the tool they can use to harm you. Imagine living in a house with alarm systems, CCTVs, security dogs, or padlocks, but you open the door to a criminal who can attack you only because you mistook him a delivery guy.

          Key facts about social engineering

          • Social engineering schemes differ from one social engineer to the next;
          • You don’t immediately get to know you are being hoodwinked
          • Social engineering is an old trick that spans across different industries, and it’s both physical and digital;
          • Most threat actors generally attack large enterprises and other SMEs, although no one is immune from a social engineering attack;
          • Social engineering techniques are also employed by countries and states.

          Types of social engineering attacks

          The following are the types of social engineering with examples:

           

          1. Phishing

          To gain access to important information—such as login credentials or bank information—phishing is a very popular technique employed by cyber-attackers and threat actors. A number of people still fall prey to phishing despite its widespread occurrence. For instance, a threat actor pretends to be a reliable source through interactions meant to trick the target into opening text messages or emails. The phisher’s ultimate objective is to bait the victim into revealing their personal information. Phishing emails can be recognized by the fundamental tone of urgency.

           

          1. Vishing

          Except for a voice, vishing serves the same purpose as phishing. Unlike a phisher, a visher uses urgent voice calls, voice mails, or voice notes to persuade the target into trusting that they must act quickly to defend themselves against an arrest or other eventualities.

           

          1. Baiting

          This type of social engineering method involves the target victim getting trapped the ‘bait.’ The social engineer knows that humans are certainly influenced when you throw an apparently tempting offer, so they exploit this. For example, a wicked threat actor might deliberately place a USB stick branded as “Confidential” in a place where the victim can notice it. Nevertheless, unbeknown to the target the stick is infected with malware. The target may then take the ‘bait’ and attach it to a computer system out of inquisitiveness. As soon as this activity is carried out, the malware gets injected into the computer.

           

          1. Pretexting

          In pretexting, the cyber-criminal retrieves critical information through a series of astutely created lies. The swindle is typically introduced by an invader feigning to be in need of the user’s sensitive information in order to carry out a significant task. For example, the cybercriminal can send the victim an email that nominates them as the beneficiary of a will. Nevertheless, the victim is cheated into trusting that they need to reveal their personal information to hasten the inheritance process.

           

          1. Quid Pro Quo

          This attack occurs when threat actors ask for personal information from their target in exchange for recompence or something they wish. It’s often an “if you give me this, I’ll give you that” kind of trade.

           

          The deal often appears too good to be true and it typically is because the threat actor is often the one who is the biggest beneficiary of such an exchange.

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          • Phishing
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            What-transpired-in-the-sphere-of-cybersecurity
            Posted in Cyber Security

            Week in review: What transpired in the sphere of cybersecurity

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            What-transpired-in-the-sphere-of-cybersecurity

            By AMSAT Oct 02,2020

            Week in review: What transpired in the sphere of cybersecurity

            The outgoing week has been full of reports pertaining to vulnerabilities and their patches, as well as hacking and cyberattack incidents. Here’s a brief review of what transpired in the happening week.

            Apple fixed multiple flaws in macOS

            Technology giant Apple patched as many as four flaws across macOS Catalina, High Sierra and Mojave.

            The first flaw, CVE-2020-9973, was one of the security holes that affected the Model I/O component. Apple said misuse of the vulnerability, which involved the handing out of a malicious USD file, could lead to random code execution or a DoS condition.

             

            Another flaw, CVE-2020-9968, impacted all versions of macOS and which Apple also fixed in iOS 14. Apple also fixed a random code execution flaw that could be misused using malicious image files.

             

            North Korea hacker group strove to hack 11 UN Security Council officials

            A hacker group formerly linked with North Korea was spotted carrying out spear-phishing attacks to compromise the United Nations Security Council officials.


            The attacks were attributed to a North Korean hacker group by the codename of Kimsuky. As per the UN report, Kimsuky operations occurred across March and April this year and comprised a series of spear-phishing operations aimed at the Gmail accounts of UN officials.

            QNAP asked users to update NAS firmware and app

            Taiwanese vendor QNAP urged its customers to update the firmware and apps installed on NAS devices to avoid AgeLocker ransomware infections.


            The vendor also recognized that older versions of the PhotoStation app are impacted by known security flaws.

            Earlier, the company had issued another alert to warn its users of a wave of attacks spreading a ransomware strain tracked as eCh0raix.

            UHS hospitals hit by Ryuk ransomware attack

            Universal Health Services (UHS) healthcare providers were reportedly hit by a Ryuk ransomware attack, prompting them to shut down systems at healthcare facilities in the United States.


            The attack also disabled multiple antivirus programs.


            Universal Health Services (UHS) is an American Fortune 500 company with annual revenues of $11.37 billion and over 90,000 employees.

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            • Ransomware Attack

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              The outgoing week has been full of reports pertaining to vulnerabilities and their patches, as well as hacking and cyberattack incidents. Here’s a brief review of what transpired in the happening week.

                

              Apple fixed multiple flaws in macOS

               

              Technology giant Apple patched as many as four flaws across macOS Catalina, High Sierra and Mojave.

              The first flaw, CVE-2020-9973, was one of the security holes that affected the Model I/O component. Apple said misuse of the vulnerability, which involved the handing out of a malicious USD file, could lead to random code execution or a DoS condition.

              Another flaw, CVE-2020-9968, impacted all versions of macOS and which Apple also fixed in iOS 14. Apple also fixed a random code execution flaw that could be misused using malicious image files.

               

              North Korea hacker group strove to hack 11 UN Security Council officials

               

              A hacker group formerly linked with North Korea was spotted carrying out spear-phishing attacks to compromise the United Nations Security Council officials.

              The attacks were attributed to a North Korean hacker group by the codename of Kimsuky. As per the UN report, Kimsuky operations occurred across March and April this year and comprised a series of spear-phishing operations aimed at the Gmail accounts of UN officials.

               

              QNAP asked users to update NAS firmware and app

               

              Taiwanese vendor QNAP urged its customers to update the firmware and apps installed on NAS devices to avoid AgeLocker ransomware infections.

              The vendor also recognized that older versions of the PhotoStation app are impacted by known security flaws.

              Earlier, the company had issued another alert to warn its users of a wave of attacks spreading a ransomware strain tracked as eCh0raix.

               

              UHS hospitals hit by Ryuk ransomware attack

               

              Universal Health Services (UHS) healthcare providers were reportedly hit by a Ryuk ransomware attack, prompting them to shut down systems at healthcare facilities in the United States.

               

              The attack also disabled multiple antivirus programs. Universal Health Services (UHS) is an American Fortune 500 company with annual revenues of $11.37 billion and over 90,000 employees.

              Posted in Cyber Security

              Cybersecurity Challenges in 2020 and Beyond

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              By AMSAT Oct 02,2020

              Cybersecurity Challenges in 2020 and Beyond

              In this day and age, when digitization has assumed a whole new level and hackers have found novel ways to infiltrate corporate data and systems, securing privacy has become more important than ever. News about cyber-threats like ransomware, phishing, vulnerability exploits, IoT based attacks, are a dime a dozen these days, with no end in sight. In view of the number of threats organizations—large and small—face the world over, cybersecurity has become a serious concern that needs to be dealt with seriously and effectively.

               

              Organizations are investing in new technologies in such diverse fields as telecommunication, artificial intelligence (AI), space travel, and health sciences. While digitization has its own sets of benefits, it is also highly vulnerable, prompting companies to take concrete measures to keep them from falling prey to cybercriminals and imperiling their privacy and confidentiality. Here are some of the biggest challenges organizations are likely to face in 2020 and beyond.

              1. Artificial Intelligence serves both as a deterrent and facilitator in cyber-attack

              While artificial Intelligence has done wonders in preempting cyber-attacks, it also, quite bizarrely, serves to facilitate a hacker in carrying out a malicious attack. Following rigorous research and modeling, AI can learn the irregularities in behavior patterns which can be used as a defensive tool, but, sadly, these same methods can be used by hackers and threat actors to execute a cyberattack.

               

              2. Loopholes in technical skills

              To prevent cyberattacks from occurring and to evaluate threats in the network, it’s important for organizations, large and small, to invest in training existing staff. Failure to do so will result in the loss of millions of dollars for corporate behemoths. According to research, the average cost of a data breach in 2019 was approximately $3.92m and the cost per lost record was around $150. Companies are immensely investing in making the system sturdy; however, executing these new cutting-edge technologies needs access to highly skilled and experienced technical resource.

               

              3. Cloud Risks

              On account of the flexibility and costs incurred in the legacy data center, organizations are moving their important data from legacy data centers to the cloud. Effective configuration and security measures ought to be in place in order to move the data to the cloud; otherwise, odds of falling into a trap can’t be ruled out. Cloud service providers are only meant to secure their platform, while companies are responsible for protecting the companies’ infrastructure from theft and removal over the cloud.

               

              4. Ransomware Threats

              This is the headline-grabbing cyberthreat these days; threats of ransomware attacks hitting organizations always loom.  Ransomware encodes files or blocks the access on the system or the network, after which the hacker demands ransom contingent on the criticality of the data or the size of the organization. In such cases, the victims, apart from losing the data, may also suffer financial and productivity losses, additional IT costs, and legal fees. 

               

              5. Internet of Things (IoT)

               

              Given a phenomenal rise in the adoption of the Internet of Things, security threats such as DDoS and ransomware can be employed to steal important data from both the individual and the organization. Threat actors can easily take advantage of these flaws in IoT infrastructure to perpetrate cyber-attacks.

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                Posted in Cyber Security

                Dealing with cyber-threat: a complex challenge

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                By AMSAT Aug 28,2020

                Dealing with cyber-threat: a complex challenge

                Across the globe, organizations in various sectors, both public and private, now openly recognize that cyber-attacks are one of the most widespread and gravest risks they encounter.


                Given the risks organizations around the world face with regard to the security of their data, dealing with cyber-threat has become a complex challenge. Much of the existing focus is on security and compliance, as companies – subject to growing amounts of legislative, corporate and regulatory requirements – prove they are handling and securing information appropriately.


                Since the information security landscape is constantly evolving, private and public sector organizations find it hard to believe they could be a target for cyber-attacks. This approach needs to change, as it’s best to be proactive rather than reactive. At the same time, relying on defense is no longer viable, as the threat actor bent on wreaking harm to an organization will be unrelenting in their objective. This results in public and private sector organizations getting to know what is going on around them so that they can recognize when an attack has occurred or when an attack is on the cards. Intelligence and the intuition that it brings is at the core of next generation of information security.

                The importance of cybersecurity

                Why should security figure at the top of every organization’s top priority list? Why should senior management of every small and large organization be concerned about cybersecurity?

                The answer: The digital world in which business is conducted is susceptible and prone to being attacked. Digitization brings with it boundless opportunities for innovation. It still has a long way to go before becoming a fully protected system that is set to control and regulate itself. Decision-makers ought to ensure that all systems in their company abide by the latest high-security protocols. Employees, particularly not so tech-savvy, must also be competent in basic cyber-security etiquettes. For example, everyone needs to know how to recognize a phishing email and how to isolate it, while informing the proper authority, both internal and external.

                Without the right security strategy, you might be in for an irreparable damage for your organization. Even with the sturdiest controls in place, an organization would do well to bank on those controls to be tested. Threat attackers know how to find weak spots and take advantage of them, opening holes up that bring down robust systems. The solution lies in being offensive rather than defensive, and practicing the essential security tasks that will keep most of the threats at bay.

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