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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

EFCC Chairman Tasks Nigerian Youths Against Crimes And Fraudulent Acts

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The Chairman of Economic Finance Crime Commission (EFCC), Ola Olukoyede, has stressed the need for Nigerian Youth to see themselves as agents of positive change that have a lot to contribute to the socioeconomic development of the Nation.

Speaking at the 2nd edition of a Leadership Trainings Programme in Abuja, Olukoyede, who was represented by the Head Enlightenment and Re-orientation unit, (EFCC), Aisha Mohammed, said the commission’s dream is to see the youth contribute meaningfully to the society, emphasizing on the need to work together in bringing positive change to society.

The Economic and Financial Crimes Commission Boss declared the readiness of his agency to work with all Stakeholders, including the youth towards changing the narrative and reposition the country to greater exploit.
Also speaking, the representative of the Executive Secretary of Tertiary Education Trust Fund (TETFUND), Sonny Echono, appealed to the youths is to eschew social vices that could deter their full potential in life.

Other speakers at the event, including the Chairperson, Zero Tolerance for Social Immoralities Initiative (ZEITI) Africa, Rasak Jeje called on all stakeholders to join hands in collective pursuit of empowering new generation of leaders to curb the rising tides of social Vice among Nigerian youths.

The Chairperson, Zero Tolerance for Social Immoralities Initiative (ZEITI) Africa, Rasak Jeje made the call while addressing journalists at the 2nd edition of it Leadership Trainings Programme in Abuja on Thursday.
He said the training was aimed to intimate students leaders with knowledge and insights that will help them drive positive change and become exemplary leaders in their respective spheres.

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Finance

AISA Has Refunded The Fees Paid By Yahaya Bello To EFCC

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The Economic and Financial Crimes Commission (EFCC) says the American International School Abuja (AISA) has refunded the fees paid by the immediate past governor of Kogi state, Yahaya Bello, for his children attending the school.

In response to a letter addressed to the Lagos zonal commander of the EFCC, the school said $845,852 was paid in tuition “since the 7th of September 2021 to date”.

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family.

Since the 7th September 2021 to date, $845,852.84 (Eight Hundred and Forty-Five Thousand, Eight Hundred and Fifty Two US Dollars and eighty four cents) in tuition and other fees has been deposited into our Bank account.

We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84. (Seven Hundred and Sixty Thousand, Nine Hundred and Ten US Dollars and Eighty Four cents).

No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

In a chat with The Cable, the spokesperson of the EFCC, Dele Oyewale, confirmed that the school has refunded the money.

‘’The money has been paid into public account,” Dele Oyewale was quoted as saying

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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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