In today's swiftly evolving digital landscape, businesses are confronted with an unending array of threats from cybercriminals who are ceaselessly seeking to exploit vulnerabilities and compromise sensitive data. We present an exclusive interview with RuoJian, the General Manager of CloudCoffer. RuoJian introduces us to the revolutionary Web Application Firewall (MatrixShield) and the cutting-edge Sandbox technology (SandSphere). CloudCoffer, trusted by banks, corporations, and governments globally, has played a pivotal role in enabling customers to detect malicious code and prevent cyber threats. Their platform facilitates customized customer features, ensuring holistic protection in the ever-changing realm of cyber threats.
In the ongoing battle against cyber criminals, time holds paramount significance. CloudCoffer's cloud-based WAF harnesses the power of advanced artificial intelligence, empowering organizations to promptly counter emerging security vulnerabilities without any lag. With a cadre of adept researchers, a repository of top-tier threat intelligence, and a network of global honeypots, CloudCoffer maintains ceaseless vigilance over the worldwide threat landscape. This proactive approach permits real-time scrutiny against the latest threats and blocks attacks in the cloud, so malicious traffic is not sent to the systems of clients. CloudCoffer's track record boasts the identification and thwarting of both well-known and zero-day issues, thereby averting potential security breaches. On an average scale, at MatrixShield, their monthly detection encompasses hundreds of zero-day attacks.
Their malware detection system–SandSphere, capitalizes on advanced machine learning algorithms and a blend of static and dynamic analysis, exhibiting prowess in pinpointing and neutralizing zero-day malicious codes even before it's officially recognized. Clients can place their trust in the cutting-edge technology of CloudCoffer, safeguarding their mission-critical systems against the most intricate cyber intrusions by scanning their codes with SandSphere.
Besides, CloudCoffer has unearthed a prevalent issue. Despite banks' earnest endeavors to mitigate security risks, many face challenges in verifying security concerns within their source codes. The three foremost challenges are as follows:
Certain backdoors originate from external vendors and supply chains, while others stem from open-source contributions.
Leaked Testing Systems:
In live production environments, confidential intranet system details like domain names and IP addresses are inadvertently exposed, furnishing attackers with essential information to target and breach critical systems.
Compromised 3rd-Party Systems:
Banking application codes often incorporate elements from third-party sites, but a fraction of these sites could be compromised. This presents a scenario where banks inadvertently invoke malicious code during dynamic interactions.
After scrutinizing 50 banking applications from around the world, the findings reveal that 28% are vulnerable to Issue #1, 20% are vulnerable to Issue #2, and 84% are vulnerable to Issue #3
RuoJian highlights that modern attackers are smart enough to conceal malicious codes to bypass most antivirus solutions. When developers include codes from open sources, malware may be packed into the codes already, but there are very few effective solutions to identify these types of issues. To secure systems effectively, it is a must to review critical systems codes. CloudCoffer also offers a campaign to check for codes. This initiative serves as a resounding testament to CloudCoffer's unwavering commitment to fortifying digital landscapes against evolving threats.