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Sophos adds endpoint detection and response to Intercept X Advanced

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New Threat Investigation and Response Capabilities with Deep Learning File Analysis and On-Demand Access to SophosLabs Intelligence Database

Sophos, a global leader in network and endpoint security, today launched the latest addition to its endpoint solution portfolio, Intercept X with EDR.

Powered by Sophos’ deep learning neural network, which is trained on hundreds of millions of samples to look for suspicious attributes of malicious code to detect never-before-seen threats, Intercept X with EDR provides organizations with broad, expert analysis of potential attacks by comparing the DNA of suspicious files against the malware samples already categorized in SophosLabs to enable them to identify and respond to suspicious threats more quickly.

Until now, effective investigation and incident response has only been achievable in organizations with a dedicated Security Operations Center (SOC) or specialized IT security team trained to hunt and analyze cyberattacks.

With Sophos Intercept X Advanced with EDR, businesses of all sizes and those with limited resources can add threat tracking and SOC-like capabilities to their security defenses, reducing the time criminal hackers can hide in their network.

With a single click, IT managers have on-demand access to curated intelligence from SophosLabs, guided investigations into suspicious events, and recommended next steps.

To maintain full visibility into the threat landscape, SophosLabs tracks, deconstructs and analyzes 400,000 unique and previously unseen malware attacks each day in a constant search for attack novelty and cybercriminal innovation.

By providing access to SophosLabs data, IT managers of all skill levels have first-responder forensics at their fingertips to best determine if and what types of attacks are happening.

“’Am I under attack? Where is the attack taking place? How do I react?’ IT managers regularly face these time-sensitive questions, but without a SOC or trained security experts who know how to analyze potential threats, interrupting a cyberattack in real-time is very difficult,” said Dan Schiappa, senior vice president and general manager of products at Sophos.

“The sheer volume of malware, frequency of attacks and wide availability of toolkits on the dark web have made EDR capabilities necessary to every business – especially those with limited IT security resources. Sophos is providing the equivalent of a team of global cybersecurity experts and access to the rich knowledgebase SophosLabs has about the reputation of files and other information collected through terabytes of malware analysis. IT managers can now quickly analyze and trace attack pathways without needing to reverse engineer files.”

Once cybercriminals get a foot hold, they use multiple attack methods to escalate privileges and advance step-by-step. With Intercept X Advanced with EDR, IT managers can see if an attacker is moving laterally, and leverage the anti-ransomware and anti-exploit capabilities in Intercept X, the industry’s most sophisticated endpoint prevention solution. Sophos Intercept X with EDR is integrated with Sophos Central, a cloud-based unified console for managing Sophos’ portfolio of products, allowing end users and Managed Security Partners to make decisions based on EDR intelligence from a single pane of glass.

“EDR initially evolved as an enterprise discipline, typically requiring a team of skilled security analysts to use it to best advantage. Organizations looking to add EDR need to consider how they are going to integrate the technology into their overall security strategy, so triaging and remediating potential incidents is easier and more effective,” said Scott Crawford, information security research director, 451 Research.

“Sophos has focused on creating EDR tooling that is simple to use, affordable and integrated as part of its Intercept X endpoint product. This should give organizations added visibility for threat response. Together, these security components can provide businesses with more control over their own networks and help improve defenses against today’s cyberattacks.”

“In addition to technology, it is equally important for customers to have education as part of their overall security strategy. Our small to medium sized clients need tools that provide information about what threats happened, where and how they got in, and how to fix the problem, so the attacks don’t keep happening over and over again,” said Nick Beardsley, chief solutions architect, TeamLogic IT, a Sophos partner and managed security provider based in Woburn, Mass.

“There’s always a lot of leg work that goes into examining the root cause of an attack – our customers don’t have the time, budget or expertise to threat hunt, and they don’t always understand why they need to do it. Even if they do see the value, their budgets don’t let them come close to having an in-house threat intelligence team like SophosLabs or a dedicated SOC.

“The ability to access SophosLabs research through Intercept X Advanced with EDR, allows us to show our customers why anti-virus or a single security product alone is not enough and to better explain how the attacks are happening, so they don’t make the same mistakes”.

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Finance

Godwin Emefiele Disobeyed Direction Of Law With Intent To Harm The Public, He Printed ₦684.5M Using ₦18.9B Says EFCC in fresh charge

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The Economic and Financial Crimes Commission has filed a fresh charge at the High Court of the Federal Capital Territory against the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele.

EFCC in the charge accused Emefiele of approving the printing of N684,590,000 at the rate of N18.96 billion.

EFCC also alleged that Emefiele broke the law with intent to harm the public during his implementation of the naira swap policy of the administration of former President Muhammadu Buhari.

The anti-graft agency also accused Emefiele of unlawfully approving the withdrawal of N124.8 billion from the Consolidated Revenue Fund of the Federation.

EFCC’s top prosecutor, Rotimi Oyedepo, SAN revealed that Emefiele will be arraigned on a new four-count charge before Justice Hamza Muazu

Counts one to four of the charge, read,

“STATEMENT OF OFFENCE: Public Servant disobeying direction of law with intent to cause injury to the public contrary to and punishable under Section 123 of the Penal Code Law, Cap. 89 Laws of the Federation, 1990.

“PARTICULARS OF THE OFFENCE: That you GODWIN IFEANYI EMEFIELE between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of N375,520,000.00 pieces of colour swapped N1, 000, at the total cost of N11,052, 068,062 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.”

This and three other charges were stated against him. They read;

“COUNT 2: “That you, GODWIN IFEANYI EMEFIELE, between the 19th of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the Central Bank of Nigeria Act, 2007, by approving the printing of 172,000,000 pieces of colour swapped N500 (Five Hundred Naira) Notes, at the total cost of N4, 471,066,040 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.

“COUNT 3: “That you GODWIN IFEANYI EMEFIELE between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of 137,070,000 pieces of colour swapped N200 (Two Hundred Naira) Note, at the total cost of N3, 441, 005, 280 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.”

“COUNT 4: “That you, GODWIN IFEANYI EMEFIELE, on or about the 7th day of October 2020, in Abuja, within the jurisdiction of this Honorable Court, knowingly disobeyed the direction of Section 80 of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended), by approving the withdrawal of the total sum of N124, 860, 227, 865.16 from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly, which conduct of yours caused injury to the public and you thereby committed an offence.”

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Transport

Federal Government To Launch Out 2700 CNG Buses, Tricycles Ahead Of First anniversary Of Tinubu’s Administration

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The Presidency on Sunday said it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President Bola Tinubu turns one year in office.

“All is now ready for delivery of the first set of critical assets for deployment and launch of the CNG initiative ahead of the first anniversary of the Tinubu administration on May 29.”

It said the Federal Government is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of 2024.

The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, revealed this in a statement he signed Sunday titled ‘Presidential CNG initiative set for rollout.’

“From the end of May, Nigeria will take some baby steps to join such nations that already have large fleets of CNG vehicles.

The CNG tricycle
The CNG buses

“All is now ready for delivery of the first set of critical assets for deployment and launch of the CNG initiative ahead of the first anniversary of the Tinubu administration on May 29.

“About 2,500 of the tricycles will be ready before May 29, 2024…working towards delivering 200 units before the first anniversary of the Tinubu administration,” said the Presidency.

He also said that over 600 buses are targeted for production in the first phase which will be accomplished in 2024.

In October 2023, about five months after the removal of the petrol subsidy, President Tinubu launched the Presidential CNG Initiative to deliver cheaper, safer and more climate-friendly energy.

The CNG Initiative was designed to deliver compressed natural gas, especially for mass transit.

The Federal Government earmarked N100bn (part of the N500bn palliative budget) to purchase 5500 CNG vehicles (buses and tricycles), 100 Electric buses and over 20,000 CNG conversion kits, with plans to develop CNG refilling stations and electric charging stations nationwide.

The FG had said the initiative would ease the burden of the increased pump price on the masses.More information added that the creation of a new plant on the Lagos-Ibadan Expressway that will assemble the tricycles while Brilliant EV will assemble electric vehicles when it receives the Semi Knocked Down components.

The Presidency explained further, “The SKD parts manufactured by the Chinese company LUOJIA in partnership with its local partner to support the consortium of local suppliers of CNG tricycles are set for shipment to Nigeria and expected to arrive early in May.

It is expected that before 2027, There’ll be a considerable wave of these buses and tricycles in use.

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Finance

Immigration Office Place Ex Governor, Yahaya Bello On Watchlist While IG Of Police Withdraws All Police Officers Attached To Him

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The Inspector General of Police, Olukayode Egbetokun, has withdrawn all police officers attached to the embattled former Governor of Kogi State, Yahaya Bello.

The order for the withdrawal was contained in a police wireless message. The document with reference number:

“CB:4001/DOPS/PMF/FHQ/ABJ/VOL.48/ 34 reads in part;“IG has ordered the withdrawal of all policemen attached to His Excellency and former Executive Governor of Kogi State, Alhaji Yahaya Bello. Acknowledge compliance and treat with utmost importance.

Please, above, for your information and strict compliance.”

Meanwhile, the Nigerian Immigration Service has placed the former governor on its watchlist.

This comes after the Economic and Financial Crimes Commission on Thursday, April 18, declared him wanted in connection to an alleged case of money laundering to the tune of N80.2bn.

From EFCC

In a circular signed by an Assistant Comptroller of Immigration, DS Umar, for the Comptroller-General, Kemi Nandap, the NIS detailed the former governor’s name, nationality, and passport number.

From National Immigration Office

And read;

“I am directed to inform you that the above-named person has been placed on the watch list.

Suffice to mention that the subject is being prosecuted before the Federal High Court Abuja for conspiracy, breach of trust, and money laundering vide letter Ref; CR; 3000/EFCC/LS/EGCS.1/ TE/Vide/1/279 dated April 18, 2024.

If seen at any entry or exit point, he should be arrested and referred to the Director of Investigation or contact 08036226329/07039617304 for further action.” the circular reads in part.

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