Black Arrow Cyber Threat Briefing 13 August 2021

Welcome to this week’s Black Arrow Cyber Threat Briefing – a weekly digest, collated and curated by our cyber experts to provide senior and middle management with an easy to digest round up of the most notable threats, vulnerabilities, and cyber related news from the last week.

Top Cyber Stories of the Last Week

SMBs Increasingly Vulnerable To Ransomware, Despite The Perception They Are Too Small To Target

A new report this week warns that small and medium-sized businesses (SMBs) are at particular risk based on the attack trends seen during the first six months of the year. The report revealed that during the first half of 2021, 4 out of 5 organisations experienced a cyber security breach originating from a vulnerability in their third-party vendor ecosystem. That’s at a time when the average cost of a data breach rose to around $3.56 million, with the average ransomware payment jumping 33% to more than $100,000.

https://www.helpnetsecurity.com/2021/08/10/smbs-ransomware/

May 2021 Saw A 440% Increase In Phishing, The Single Largest Phishing Spike On Record

In May 2021, a report revealed a 440% increase in phishing, holding the record for the single largest phishing spike in a single month. It also showed that industries such as oil, gas and mining saw a 47% increase in the same six-month period, with manufacturing and wholesale traders seeing a 32% increase. The report extends its yearly threat intelligence report, with updated metrics between January 1 and June 30 2021. It also investigates the latest trends in malware, phishing and crypto exchanges.

https://www.infosecurity-magazine.com/news/may-phishing-increase-webroot/

Users Can Be Just As Dangerous As Hackers

Most organisations should be at least as worried about user management as they are about Bond villain-type hackers launching compromises from abroad. Most organisations have deployed single sign-on and modern identity-management solutions. These generally allow easy on-boarding, user management, and off-boarding. However, on mobile devices, these solutions have been less effective. Examples include mobile applications such as WhatsApp, Signal, Telegram, or even SMS-which are common in the workforce. All these tools allow for low-friction, agile communication in an increasingly mobile business environment. Today, many of these tools offer end-to-end encryption (e2ee), which is a boon when viewed through the lens of protecting against outside attackers. However, e2ee also resists internal governance and compliance programs.

https://thehackernews.com/2021/08/users-can-be-just-as-dangerous-as.html?m=1

With Crime-As-A-Service, Anyone Can Be An Attacker

Crime-as-a-Service (CaaS) is the practice of experienced cybercriminals selling access to the tools and knowledge needed to execute cyber crime – in particular, it’s often used to create phishing attacks. For hackers, phishing is one of the easiest ways to steal your organisation’s data. Traditionally, executing a successful phishing campaign required a seasoned cyber criminal with technical expertise and knowledge of social engineering. However, with the emergence of CaaS, just about anyone can become a master of phishing for a small fee.

https://www.helpnetsecurity.com/2021/08/03/crime-as-a-service/

The Rise Of Cloud Is Creating Security Blindspots

Businesses are growing increasingly reliant on cloud services, but with all the good, businesses must also face the bad, according to a new report which says that the rise of cloud means greater complexity and more security blind spots.

Increased expansion into the cloud has led to new risks. All of the respondents in the report had suffered at least one incident in their public cloud environment in the last year, with 30 percent saying they had no formal sign-off before pushing to production.

https://www.itproportal.com/news/the-rise-of-cloud-is-creating-security-blindspots/

Connected Devices Increasingly At Risk As New Ransomware Attacks Are Reported Almost Daily

A report has been released on the state of connected devices. The 2021 study addresses pandemic-related cyber security challenges, including the growth of connected devices and related increase of security risks from these devices as threat actors took advantage of chaos to launch attacks. The study incorporates security risk and trend analysis of anonymized data for the past 12 months (June 2020 through June 2021) across the company’s 500+ deployments in healthcare, life sciences, retail, and manufacturing verticals. The number of agentless and un-agentable devices increased to 42% in this year’s report (compared to 32% of agentless or un-agentable devices in 2020).

https://www.helpnetsecurity.com/2021/08/12/connected-devices-risks/

The Value Of PII And How It Still Fuels Malign Activities In The Digital Ecosystem

The COVID-19 pandemic engendered new vulnerabilities in the digital ecosystem for threat actors to exploit, resulting in items like vaccines, fraudulent vaccine certificates, and other COVID-19 related items being sold in dark marketplaces and underground forums, an Intelligence report reveals. The research analysed the value of personally identifiable information (PII), drawing links between the breach economy, PII, and a range of emerging digital threats to executives and brands.

https://www.helpnetsecurity.com/2021/08/10/pii-value-digital-ecosystem/

Ransomware Payments Explode Amid ‘Quadruple Extortion’

Two reports slap hard figures on what’s already crystal clear: Ransomware attacks have skyrocketed, and ransomware payments are the comet trails that have followed them skyward. The average ransomware payment spiked 82 percent year over year: It’s now over half a million dollars, according to the first-half 2021 update report. As far as the sheer multitude of attacks goes, researchers on Thursday reported that they’ve identified and analysed 121 ransomware incidents so far in 2021, a 64 percent increase in attacks, year-over-year.

https://threatpost.com/ransomware-payments-quadruple-extortion/168622/

Hackers Netting Average Of Nearly $10,000 For Stolen Network Access

A new report from a cyber security company has spotlighted the thriving market on the dark web for network access that nets cyber criminals thousands of dollars. Researchers have examined network access sales on underground Russian and English-language forums before compiling a study on why criminals sell their network access and how criminals transfer their network access to buyers. More than 37% of all victims in a sample of the data were based in North America while there was an average price of $9,640 and a median price of $3,000.

https://www.zdnet.com/article/hackers-netting-average-of-nearly-10000-for-stolen-network-access/

1M Stolen Credit Cards Hit Dark Web For Free

Threat actors have leaked 1 million stolen credit cards for free online as a way to promote a fairly new and increasingly popular cyber criminal site dedicated to…selling payment-card credentials. Researchers noticed the leak of the payment-card data during a “routine monitoring of cyber crime and Dark Web marketplaces,” researchers said in a post published over the weekend. The cards were published on an underground card-selling market, AllWorld.Cards, and stolen between 2018 and 2019, according to info posted on the forum.

https://threatpost.com/1m-stolen-credit-cards-dark-web/168514/

Ransomware Group Demanding $50M In Accenture Security Breach

The hacker group behind a ransomware attack on global solution provider giant Accenture has made a ransom demand for $50 million, according to a cyber security firm that reports seeing the demand. The threat actor is demanding the $50 million in exchange for more than 6 TB of data, according to a tweet.

https://www.crn.com/news/security/ransomware-group-demanding-50m-in-accenture-security-breach-cyber-firm

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Threats

Ransomware

• Top 5 Ransomware Operators By Income

• Ransomware Gangs Exploiting Windows Print Spooler Vulnerabilities

• Hackers Reportedly Threaten To Leak Data From Gigabyte Ransomware Attack

• Bitcoin Ransomware Hackers Hit Accenture

• Why Ransomware Is Such A Threat To Critical Infrastructure

• Ransomware Demands And Payments Hit New Records

• Synology Warns Of Malware Infecting NAS Devices With Ransomware

Phishing

• AI Wrote Better Phishing Emails Than Humans In A Recent Test

Other Social Engineering

• Cyber Fraud Shifts To Gaming, Travel And Leisure, Report Finds

Malware

• Discord Malware Is A Persistent And Growing Threat Warns Sophos

• Microsoft Warning: This Unusual Malware Attack Has Just Added Some New Tricks

• Experts Shed Light On New Russian Malware-As-A-Service Written In Rust

• IISpy: A Complex Server‑Side Backdoor With Anti‑Forensic Features

• Anatomy Of Native IIS Malware

Mobile

• A 5G Shortcut Leaves Phones Exposed to Stingray Surveillance

• Beware! New Android Malware Hacks Thousands of Facebook Accounts

IOT

• A Critical Random Number Generator Flaw Affects Billions Of IoT Devices

Vulnerabilities

• Microsoft's August 2021 Patch Tuesday: 44 Flaws Fixed, Seven Critical Including Print Spooler Vulnerability

• Microsoft Confirms There's Yet Another New Windows Print Spooler Security Bug

• Microsoft Exchange Server: Threat Actors Actively Scanning For Proxyshell Vulnerability, Researchers Warn

• Magento Update Released To Fix Critical Flaws Affecting E-Commerce Sites

• Vulnerability Found In Kindle E-Reader

• Got A Cheap Cisco Router In Your Home Office? If It's One Of These, There's An Exposed RCE Hole You Need To Plug

Organised Crime & Criminal Actors

• Attackers Started Exploiting a Router Vulnerability Just 2 Days After Its Disclosure

• Hackers Steal $600 Million In Crypto From DeFi Site Poly Network

Dark Web

• 1M Stolen Credit Cards Hit Dark Web For Free

Supply Chain

• MSSPs Particularly Vulnerable To Cisco FDM Flaw

DoS/DDoS

• Attackers Increasingly Turning to DDoS As A Ransom Vector

Nation State Actors

• Briton Suspected Of Spying For Russia Arrested In Germany

• Putin Is Crushing Biden’s Room To Negotiate On Ransomware

Cloud

• Data Of Three Million Elderly Citizens Exposed In Cloud Security Oversight

• AWS S3 Can Be A Security Risk For Your Business

Privacy

• UN Human Rights Experts Call For Spyware Crackdown

• Apple Says ‘Screeching Minority” Who Object Against Their Photos Being Scanned For The Police ‘Have Misunderstanding’

• Is Your Router Giving Away Your Location?

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Other News

• The Challenges Healthcare CISOs Face In An Evolving Threat Landscape

• Hacker Shares The Scariest Things He's Seen On The Dark Web

• Researchers Develop RISC-V Chip for Quantum-Resistant Encryption

• Quantum Computers Could Threaten Blockchain Security. These New Defenses Might Be The Answer

• Saving Money By Holding Onto Old Tech Is Costing Us All Billions

• Unwanted Bot Traffic Costs Businesses $250 Million A Year

• Attacks Against Industrial Networks Will Become A Bigger Problem. We Need To Fix Security Now

• Kaseya's Universal Revil Decryption Key Leaked On A Hacking Forum

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As usual, contact us to help assess where your risks lie and to ensure you are doing all you can do to keep you and your business secure.

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