Why Are Cybersecurity Companies Getting Hacked?

Cybersecurity Companies Become Targets and Best Practices

Cybersecurity companies, ironically, are prime targets for cyberattacks due to the valuable data they possess. Some of the most recent threats include:

• Supply Chain Attacks: Attackers target third-party vendors or software used by cybersecurity companies to gain access to their systems.
• Advanced Persistent Threats (APTs): Highly sophisticated and well-resourced attackers use advanced techniques to infiltrate and compromise cybersecurity companies’ networks. 
• Insider Threats: Malicious or negligent actions by employees, such as clicking on phishing emails or mishandling sensitive data, can lead to breaches.  
• Cloud Security Misconfigurations: Improperly configured cloud services can expose sensitive data and leave companies vulnerable to attacks.  

Why Breaches Occur at Mature Organizations

While counterintuitive, even mature cybersecurity companies can fall victim to breaches due to several factors:

• Overconfidence: Companies may become complacent about their security posture, assuming they are immune to attacks.
• Complexity: Large, complex IT environments can be difficult to secure and manage, creating blind spots for attackers.
• Rapid Innovation: The fast-paced nature of the cybersecurity industry can lead to gaps in security as companies rush to develop and deploy new technologies.  
• Focus on External Threats: Companies may focus heavily on external threats while neglecting internal security threats, such as insider threats.

Data Security Regulation for Cybersecurity Companies

Cybersecurity companies are subject to various data security regulations, depending on their location and the type of data they handle. Some key regulations include:  

• GDPR: This EU regulation imposes strict data protection requirements on organizations processing personal data of EU residents. 
• CCPA: This California law provides consumers with greater control over their personal information.  
• State-Specific Data Breach Notification Laws: Many states have laws requiring businesses to notify individuals whose personal information has been compromised.
• Industry-Specific Regulations: Cybersecurity companies may be subject to additional regulations depending on the industry they serve, such as healthcare or finance.

Recent Cybersecurity Breaches at High-Profile Companies

Several high-profile cybersecurity companies have suffered significant breaches in recent years:

• SolarWinds: A supply chain attack compromised the company’s Orion software, allowing attackers to infiltrate numerous government and private organizations.  
• CrowdStrike: The company struggled with some hactivist intel leakage and update issues in 20204, but actually experienced a data breach in 2021, exposing customer data.
• FireEye: The company’s Red Canary platform was compromised in a sophisticated attack from Russia. More info here.

Why a Lower Profile Company May Be a Better Partner

While large, well-known cybersecurity companies offer extensive resources and expertise, they can also be more attractive targets for attackers. Smaller, lower-profile companies may be a better choice for several reasons:

• Reduced Attack Surface: Smaller companies have a less complex IT infrastructure, making them less attractive to attackers.
• Stronger Focus on Security: Smaller companies may have a stronger focus on security due to the potential reputational damage from a breach.
• More Personalized Service: Smaller companies may be able to provide more personalized service and attention to their clients’ needs.
• Cost-Effectiveness: Smaller companies may offer more competitive pricing compared to larger, more established firms.

Ultimately, the best choice of cybersecurity partner depends on the specific needs and risk tolerance of the organization. It is essential to conduct thorough due diligence and choose a partner with a strong track record in security and a commitment to protecting sensitive data.