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Black Arrow Cyber Threat Briefing 28th July 2023

Black Arrow Cyber Threat Briefing 28 July 2023:

-Half of UK businesses Struggle to Fill Cyber Security Skills Gap as Companies Encounter Months-long Delays in Filling Critical Security Positions

-Deloitte Joins fellow Big Four MOVEit victims PWC, EY as MOVEit Victims Exceeds 500

-Why Cyber Security Should Be Part of Your ESG Strategy

-Lawyers Take Frontline Role in Business Response to Cyber Attacks

-Organisations Face Record $4.5M Per Data Breach Incident

-Cryptojacking Soars as Cyber Attacks Diversify

-Ransomware Attacks Skyrocket in 2023

-Blocking Access to ChatGPT is a Short-Term Solution to Mitigate AI Risk

-Protect Your Data Like Your Reputation Depends on It (Because it Does)

-Why CISOs Should Get Involved with Cyber Insurance Negotiation

-Companies Must Have Corporate Cyber Security Experts, SEC Says

-Over 400,000 Corporate Credentials Stolen by Info-stealing Malware

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

  • Half of UK Businesses Struggle to Fill Cyber Security Skills Gap

Half of UK businesses have a cyber security skills gap that they are struggling to fill amid a challenging labour market, according to data published by the UK Department for Science, Innovation and Technology (DSIT), which found that there were more than 160,000 cyber security job postings in the last year – a 30% increase on the previous period. In all, the UK requires an additional 11,200 people with suitable cyber skills to meet the demands of the market, the report estimates.

In a separate report, it was found that a lack of executive understanding and an ever-widening talent gap is placing an unsustainable burden on security teams to prevent business-ending breaches. When asked how long it takes to fill a cyber security role, 82% of organisations report it takes three months or longer, with 34% reporting it takes seven months or more. These challenges have led one-third (33%) of organisations to believe they will never have a fully-staffed security team with the proper skills.

With such a gap, some organisations have turned to outsourcing cyber security roles, such as chief information security officers (CISOs), leading to a rise in virtual CISOs (vCISO). With outsourcing, organisations can ensure that they are easily able to pick up and use cyber security experts, greatly reducing the delay were they to hire. Black Arrow supports clients as their vCISO with specialist experience in cyber security risk management in a business context.

https://www.uktech.news/cybersecurity/uk-cybersecurity-skills-gap-20230725

https://www.helpnetsecurity.com/2023/07/26/security-teams-executive-burden/

  • Deloitte Joins Fellow Big Four MOVEit victims PWC, EY as Victims Exceed 500

The global auditing and accounting firm Deloitte appeared alongside a further 55 MOVEit victims that were recently named by the Cl0p ransomware gang, making them the third Big Four accounting firm to be affected and amongst over 500 organisations in total with that number expected to continue to increase.

Research by Kroll has also uncovered a new exfiltration method used by Cl0p in their the MOVEit attacks, highlighting constant efforts by the ransomware gang. Worryingly, it has been reported that Cl0p have made between $75-100 million from ransom payments and it is expected this, along with the victim count, will rise.

https://cybernews.com/security/deloitte-big-four-moveit-pwc-ey-clop/

https://www.kroll.com/en/insights/publications/cyber/moveit-vulnerability-investigations-uncover-additional-exfiltration-method

https://www.infosecurity-magazine.com/news/clop-could-make-100m-moveit/

  • Why Cyber Security Should Be Part of Your ESG Strategy

Organisations need to consider cyber security risks in their overall environmental, social and governance (ESG) strategy amid growing cyber threats and regulatory scrutiny. The ESG programme is, in many ways, a form of risk management to mitigate the risks to businesses, societies and the environment, all of which can be impacted by cyber security. The investment community has been singling out cyber security as one of the major risks that ESG programmes will need to address due to the potential financial losses, reputational damage and business continuity risks posed by a growing number of cyber attacks and data breaches.

Various ESG reporting frameworks have emerged in recent years to provide organisations with guidelines on how they can operate ethically and sustainably, along with metrics that they can use to measure their progress. There are also specific IT security standards and frameworks, including ISO 27001 and government guidelines. Some regulators have gone as far as mandating the adoption of baseline security standards by critical infrastructure operators and firms in industries like financial services, but that does not mean organisations outside of regulated sectors are less pressured to shore up their cyber security posture.

https://www.computerweekly.com/news/366545432/Why-cyber-security-should-be-part-of-your-ESG-strategy

  • Lawyers Take Frontline Role in Business Response to Cyber Attacks

Cyber security risk has shot to the top of general counsels’ agendas as the sophistication and frequency of attacks has grown. According to security company Sophos’s State of Ransomware 2023 report, 44% of UK businesses surveyed said they had been hit with ransomware in the past year. Of those affected, 33% said their data was encrypted and stolen and a further 6% said that their data was not encrypted but they experienced extortion.

In-house lawyers have a key role around the boardroom table when dealing with a breach including war-gaming and discussing cases in which a company will pay a ransom. The advent of General Data Protection Regulation (GDPR) legislation in Europe, and equivalents elsewhere, demands that businesses hit by a data breach notify a regulator, and the individuals whose data was stolen, or both, depending on certain factors. This has led to far greater exposure of cyber incidents which companies previously could have tried to deal with privately.

https://www.ft.com/content/2af44ae8-78fc-4393-88c3-0d784a850331

  • Organisations Face Record $4.5M Per Data Breach Incident

In a recent report conducted by IBM, the average cost per data breach for US business in 2023 jumped to $4.45 million, a 15% increase over three years. In the UK, the average cost was found to be £3.4 million, rising to £5.3 million for financial services. It is likely that the cost per breach will maintain a continual rise, with organisations struggling to crack down on cyber crime, something threat groups like Cl0p are taking advantage of.

https://www.darkreading.com/attacks-breaches/orgs-record-4.5m-data-breach-incident

https://uk.newsroom.ibm.com/24-07-2023-IBM-Security-Report-Cost-of-a-Data-Breach-for-UK-Businesses-Averages-3-4m

  • Cryptojacking Soars as Cyber Attacks Diversify

According to a recent report, a variety of attacks have increased globally, including cryptojacking (399%), IoT malware (37%) and encrypted threats (22%). This reflects the increase in actors who are changing their methods of attacks. The report found that we can expect more state-sponsored activity targeting a broader set of victims in 2023, including SMBs, government entities and enterprises.

Cryptojacking, sometimes referred to as malicious cryptomining, is where an attacker will use a victim’s device to mine cryptocurrency, giving the attacker free money at the expense of your device, network health and electricity.

https://www.helpnetsecurity.com/2023/07/27/cryptojacking-attacks-rise/

  • Ransomware Attacks Skyrocket in 2023

Ransomware attacks surged by 74% in Q2 2023 compared to the first three months of the year, a new report has found. The significant increase in ransomware over April, May and June 2023 suggests that attackers are regrouping. In July 2023, the blockchain analysis firm Chainalysis found that in the first half of 2023, ransomware attackers extorted $176m more than the same period in 2022, reversing a brief downward trend in 2022.

The report also observed an uptick in “pure extortion attacks,” with cyber criminals increasingly relying on the threat of data leaks rather than encrypting data to extort victims. Such schemes may not trigger any ransomware detection capability but could potentially be picked up by a robust Data Loss Prevention (DLP) solution.

https://www.infosecurity-magazine.com/news/ransomware-attacks-skyrocket-q2/

  • Blocking Access to ChatGPT is a Short-Term Solution to Mitigate AI Risk

Despite the mass adoption of generative AI, most companies don’t know how to assess its security, exposing them to risks and disadvantages if they don’t change their approach. A report found that for every 10,000 enterprise users, an enterprise organisation is experiencing approximately 183 incidents of sensitive data being posted to ChatGPT per month. Worryingly, despite the security issues, only 45% have an enterprise-wide strategy to ensure a secure, aligned deployment of AI across the entire organisation.

Blocking access to AI related content and AI applications is a short term solution to mitigate risk, but comes at the expense of the potential benefits that AI apps offer to supplement corporate innovation and employee productivity. The data shows that in financial services and healthcare nearly 1 in 5 organisations have implemented a blanket ban on employee use of ChatGPT, while in the technology sector, only 1 in 20 organisations have done likewise.

https://www.helpnetsecurity.com/2023/07/28/chatgpt-exposure/

https://www.techradar.com/pro/lots-of-sensitive-data-is-still-being-posted-to-chatgpt

https://www.helpnetsecurity.com/2023/07/25/generative-ai-strategy/

  • Protect Your Data Like Your Reputation Depends on It (Because it Does)

Data breaches can be incredibly costly. Be it lawsuits, regulatory fines, or a fall in stock price, the financial consequences of a breach can bring even the largest organisation to its knees. However, in the face of economic damage, it’s too easy to overlook the vast reputational impacts that often do more harm to a business. After all, it’s relatively easy to recoup monetary losses, less so to regain customer trust.

It’s important to remember that reputational damage isn’t limited to consumer perceptions. Stakeholder, shareholder, and potential buyer perception is also something that needs to be considered. By having effective defence in depth controls including robust data loss prevention (DLP) solutions in place, organisations can reduce the risk of a breach from happening.

https://informationsecuritybuzz.com/protect-your-data-like-your-reputation-depends-on-it-because-it-does/

  • Why CISOs Should Get Involved with Cyber Insurance Negotiation

Generally negotiating cyber insurance policies falls to the general counsel, chief financial officer, or chief operations officer. Having the chief information security officer (CISO) at the table when negotiating with insurance brokers or carriers is a best practice for ensuring the insurers understand not only which security controls are in place, but why the controls are configured the way they are and the organisation's strategy. That said, often best practices are ignored for reasons of expediency and lack of acceptance by other C-suite executives.

Sometimes being the CISO can be a no-win position. According to a recent survey more than half of all CISOs report to a technical corporate officer rather than the business side of the organisation. This lack of recognition by the board can diminish the CISO's ability to deliver business-imperative insights and recommendations, leaving operations to have a more commanding influence on the board than cyber security. Too often the CISO gets the responsibility to protect the company without the authority and budget to accomplish their task.

https://www.darkreading.com/edge-articles/why-cisos-should-get-involved-with-cyber-insurance-negotiation

  • Companies Must Have Corporate Cyber Security Experts, SEC Says

A recent report has found that only five Fortune 100 companies currently list a security professional in the executive leadership pages of their websites. This is largely unchanged from five of the Fortune 100 in 2018. One likely reason why a great many companies still don’t include their security leaders within their highest echelons is that these employees do not report directly to the company’s CEO, board of directors, or chief risk officer.

The chief security officer (CSO) or chief information security officer (CISO) position traditionally has reported to an executive in a technical role, such as the chief technology officer (CTO) or chief information officer (CIO). But workforce experts say placing the CISO/CSO on unequal footing with the organisation’s top leaders makes it more likely that cyber security and risk concerns will take a backseat to initiatives designed to increase productivity and generally grow the business.

The US Securities and Exchange Commission (SEC) has recently implemented new regulations necessitating publicly traded companies to report cyber attacks within four business days, once they're deemed material incidents. While the SEC is not presently advocating for the need to validate a board cyber security expert's credentials, it continues to insist that cyber security expertise within management be duly reported to them. The increased disclosure should help companies compare practices and may spur improvements in cyber defences, but meeting the new disclosure standards could be a bigger challenge for smaller companies with limited resources.

https://www.darkreading.com/edge-articles/companies-must-have-corporate-cybersecurity-experts-sec-says

https://www.bleepingcomputer.com/news/security/sec-now-requires-companies-to-disclose-cyberattacks-in-4-days/

https://krebsonsecurity.com/2023/07/few-fortune-100-firms-list-security-pros-in-their-executive-ranks/

  • Over 400,000 Corporate Credentials Stolen by Info-stealing Malware

Information stealers are malware that steal data stored in applications such as web browsers, email clients, instant messengers, cryptocurrency wallets, file transfer protocol (FTP) clients, and gaming services. The stolen information is packaged into archives called 'logs,' which are then uploaded back to the threat actor for use in attacks or sold on cyber crime marketplaces. Worryingly, employees use personal devices for work or access personal stuff from work computers, and this may result in many info-stealer infections stealing business credentials and authentication cookies. A report has found there are over 400,000 corporate credentials stolen, from applications such as Salesforce, Google Cloud and AWS. Additionally, there was a significant increase in the number containing OpenAI credentials; this is alarming as where AI is used without governance, the credentials may leak things such as internal business strategies and source code.

With such an array of valuable information for an attacker, it is no wonder incidents involving info stealers doubled in Q1 2023. Organisations can best protect themselves by utilising password managers, enforcing multi-factor authentication and having strict usage controls. Additionally, user awareness training can help avoid common infection channels such as malicious websites and adverts.

https://www.bleepingcomputer.com/news/security/over-400-000-corporate-credentials-stolen-by-info-stealing-malware/

https://www.scmagazine.com/news/infostealer-incidents-more-than-doubled-in-q1-2023

Governance, Risk and Compliance

Threats

Ransomware, Extortion and Destructive Attacks

Ransomware Victims

Phishing & Email Based Attacks

BEC – Business Email Compromise

Artificial Intelligence

Malware

Mobile

Botnets

Denial of Service/DoS/DDOS

BYOD

Internet of Things – IoT

Data Breaches/Leaks

Organised Crime & Criminal Actors

Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain

Fraud, Scams & Financial Crime

Insurance

Dark Web

Supply Chain and Third Parties

Software Supply Chain

Cloud/SaaS

Shadow IT

Encryption

API

Open Source

Passwords, Credential Stuffing & Brute Force Attacks

Social Media

Training, Education and Awareness

Travel

Parental Controls and Child Safety

Regulations, Fines and Legislation

Data Protection

Careers, Working in Cyber and Information Security

Law Enforcement Action and Take Downs

Privacy, Surveillance and Mass Monitoring

Misinformation, Disinformation and Propaganda

Nation State Actors, Advanced Persistent Threats (APTs), Cyber Warfare and Cyber Espionage

Russia

China

North Korea

Misc/Other/Unknown

Vulnerability Management

Vulnerabilities

Tools and Controls

Sector Specific

Industry specific threat intelligence reports are available.

Contact us to receive tailored reports specific to the industry/sector and geographies you operate in.

·       Automotive

·       Construction

·       Critical National Infrastructure (CNI)

·       Defence & Space

·       Education & Academia

·       Energy & Utilities

·       Estate Agencies

·       Financial Services

·       FinTech

·       Food & Agriculture

·       Gaming & Gambling

·       Government & Public Sector (including Law Enforcement)

·       Health/Medical/Pharma

·       Hotels & Hospitality

·       Insurance

·       Legal

·       Manufacturing

·       Maritime

·       Oil, Gas & Mining

·       OT, ICS, IIoT, SCADA & Cyber-Physical Systems

·       Retail & eCommerce

·       Small and Medium Sized Businesses (SMBs)

·       Startups

·       Telecoms

·       Third Sector & Charities

·       Transport & Aviation

·       Web3

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.

Look out for our ‘Cyber Tip Tuesday’ video blog and on our YouTube channel.

You can also follow us on Facebook, Twitter and LinkedIn.

Links to articles are for interest and awareness and linking to or reposting external content does not endorse any service or product, likewise we are not responsible for the security of external links.

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Cyber Weekly Flash Briefing 14 August 2020: Travelex goes bust following ransomware, Microsoft fix 120 vulns inc two zero-days, more ransomware victims paying up, Cloud misconfigurations create risks

Cyber Weekly Flash Briefing 14 August 2020: Travelex Forced into Administration After Ransomware Attack, Microsoft fixes 120 vulnerabilities inc two zero-days, More ransomware victims are paying up, Misconfiguration #1 Cloud Security Threat, Beware What You Ask Amazon Alexa, Ex-Uber engineer sentenced to 18 months in prison for stealing driverless car secrets from Google, Google and Amazon are now the most imitated brands for phishing

Links to articles are for interest and awareness and linking to or reposting external content does not endorse any service or product, likewise we are not responsible for the security of external links.

Travelex Forced into Administration After Ransomware Attack

Ransomware victim Travelex has been forced into administration, with the loss of over 1000 jobs.

PwC announced late last week that it had been appointed joint administrators of the currency exchange business.

The Sodinokibi (REvil) ransomware variant is believed to have struck the firm on New Year’s Eve last year, forcing its website offline and impacting its bricks-and-mortar stores and banking services. It took until January 17 for the firm to get its first customer-facing systems live again in the UK.

Why this matters:

Firms of any size can call victim to ransomware and many firms will not survive a significant cyber event such as this. Unconfirmed reports at the time suggested that a critical unpatched vulnerability in a VPN (Virtual Private Network) may have allowed attackers to remotely execute malicious code. A security researcher said he reached out to the firm in September 2019 to flag the issue but was ignored. This again shows the importance of ensuring all security updates are applied quickly. Has this software had the security updates applied those vulnerabilities would not have been able to be used in this attack.

Read more: https://www.infosecurity-magazine.com/news/travelex-forced-administration/

Microsoft August 2020 Patch Tuesday fixes 120 vulnerabilities, two zero-days

Microsoft’s August 2020 Patch Tuesday security updates fell this week and this month the company has patched 120 vulnerabilities across 13 different products, from Edge to Windows, and from SQL Server to the .NET Framework.

Among these 120 vulnerabilities, 17 bugs have received the highest severity rating of "Critical," and there are also two zero-days — vulnerabilities that have been exploited by hackers before Microsoft was able to provide a fix.

Why this matters:

All security updates should be applied as soon as possible to prevent vulnerabilities from being exploited in attacks. When vulnerabilities are announced criminals will waste no time in weaponizing them (creating exploits to use in attacks) so the quicker the vulnerabilities are closed the safer you will be.

Read more: https://www.zdnet.com/article/microsoft-august-2020-patch-tuesday-fixes-120-vulnerabilities-two-zero-days/

More ransomware victims are paying up, even when data recovery is possible

The proportion of ransomware attack victims actually paying ransoms increased in the last quarter, even in instances where ransomed data could be recovered, new figures have revealed.

According to a commercial ransomware recovery service, data exfiltration attacks are becoming more common and blending with traditional ransomware hacks. Data exfiltration extortion involves an attacker taking possession of stolen data and putting it up for sale on forums or marketplaces. Once monetised, the hacker asks the victim to pay a ransom to prevent the information’s release.

The recover firm added that tools currently on the market vary wildly when it comes to data recovery success following a ransomware attack. What’s more, the company has noted an uptick in the number of companies experiencing operating system and registry corruption even after ransomed data is restored.

Why this matters:

It used to be that backups were the best defence against ransomware attacks, but if your data is stolen a backup won’t help you avoid having to pay out to keep your sensitive or confidential data out of the public domain.

Read more: https://www.techradar.com/news/more-ransomware-victims-are-paying-up-even-when-data-recovery-is-possible

Intel, SAP, and Citrix release critical security updates

Intel released 18 advisories, including fixes for Denial of Service, Information Disclosure and Elevation of Privilege flaws affecting various products on Windows, Chrome OS and Linux OS.

SAP’s released 15 security notes and an update to a previously released one to address flaws in a variety of offerings, including SAP ERP, SAP Business Objects Business Intelligence Platform, SAP S/4 HANA and various SAP NetWeaver components.

Citrix’s has released patches for a set of vulnerabilities in certain on-premises instances of Citrix Endpoint Management (aka XenMobile Server).

Why this matters:

Security upgrades should always be applied as soon as possible. Whether announced vulnerabilities are already being exploited or not as they become known they likely will be exploited and patching them (applied the fixes made available) prevent them from being exploited.

Read more: https://www.helpnetsecurity.com/2020/08/12/intel-sap-citrix-security-updates-august-2020/

IT Pros Name Misconfiguration #1 Cloud Security Threat

Configuration errors are the number one threat to cloud security, according to a new poll of IT and security professionals.

A security vendor interviewed 653 industry professionals to compile its 2020 Cloud Security Report.

Three-quarters (75%) claimed to be “very” or “extremely” concerned about cloud security, with most (52%) believing that the risks are higher in the public cloud than on-premises.

The top four threats were cited as: misconfiguration (68%), unauthorized cloud access (58%), insecure interfaces (52%), and account hijacking (50%).

These security concerns have created multiple barriers to further adoption of cloud services. The top inhibitor of adoption was a lack of qualified staff (55%), up from fifth place last year.

This may go some way to explaining respondents’ concerns around configuration errors, especially as 68% of these organisations are using two or more public cloud providers — adding to the complexity.

Why this matters?

Organisations’ cloud migrations and deployments are racing ahead of their security teams’ abilities to defend them against attacks and breaches. Their existing security solutions only provide limited protections against cloud threats, and teams often lack the expertise needed to improve security and compliance processes

Read more: https://www.infosecurity-magazine.com/news/misconfiguration-error-cloud/

RedCurl cybercrime group has hacked companies for three years

Security researchers have uncovered a new Russian-speaking hacking group that they claim has been focusing on the past three years on corporate espionage, targeting companies across the world to steal documents that contain commercial secrets and employee personal data.

Named RedCurl, the activities of this new group have been detailed in a 57-page report released this week.

Researchers have been tracking the group since the summer of 2019 and have since identified 26 other RedCurl attacks, carried out against 14 organisations, going as far back as 2018.

Why this matters:

This Russian group have targeted victims across different countries and industry sectors, and included construction companies, retailers, travel agencies, insurance companies, banks, and law and consulting firms from countries like Russia, Ukraine, Canada, Germany, Norway, and the UK. Many firms could fall victim to cyber crime groups like this if their defences are not able to withstand such attackers.

Read more: https://www.zdnet.com/article/redcurl-cybercrime-group-has-hacked-companies-for-three-years/

Why You Must Beware What You Ask Amazon Alexa

The same cyber team that cracked open TikTok, WhatsApp, Microsoft’s cloud and even Philips lightbulbs has just turned its attention to Amazon’s Alexa. And, unsurprisingly, it hasn’t disappointed. After “speculating” that Amazon’s 200 million devices “could be a prime entry-point for hackers,” Check Point Research has just lifted the lid to unmask “serious security flaws in Alexa.” According to the team, “in just one click, a user could have given up their voice history, home address and control of their Amazon account.”

Why this matters:

Warnings about the dangers of smart speakers and their extended families of virtual assistants are not new. These are the same devices that causes such scandal last year, when it transpired humans were listening to conversations to better train the AI. The issue here is different, much more akin to the broader problem of IoT security. Every different gadget you connect to the internet becomes a potential vulnerability and the methods needed to crack Amazon’s devices were not particularly sophisticated.

Read more: https://www.forbes.com/sites/zakdoffman/2020/08/13/amazon-alexa-cyber-attack-check-point-report-smart-speaker-warning/#7d3d16a35008

Ex-Uber engineer sentenced to 18 months in prison for stealing driverless car secrets from Google

A star engineer who admitted stealing self-driving car secrets from Google has been sentenced to 18 months in prison.

Anthony Levandowski, who helped found Google's self-driving car project, now known as Waymo, pleaded guilty to downloading documents containing data about the company's work and accessing one of them after he had left to found his own trucking startup.

Sentencing him in a San Francisco court, the judge said he was imposing prison time as a deterrent.

An early star in the self-driving car scene, Mr Levandowski pushed for Google to develop the technology but later became disillusioned, leaving in early 2016 to start trucking company Otto, which was bought by Uber less than eight months later. 

Waymo sued Uber, a case which was settled in 2018, with Uber paying out $245m (£187m) in equity and agreeing not to use its technology.

Uber had signed an indemnification agreement with Mr Levandowski, forcing it to pay his legal fees, but has refused to pay a $179m debt he owes to the Google spin-out, a consequence of separate legal action relating to his departure. 

Why this matters:

Your staff present one of your biggest risks, and a disgruntled or disillusioned employee can be very dangerous. The theft of intellectual property for personal gain is a classic example of this kind of behaviour. Data Loss Prevention (DLP) systems can help to spot unusual behaviour in employees and detect sensitive data being extracted from corporate systems.

Read more: https://www.telegraph.co.uk/technology/2020/08/05/ex-uber-engineer-sentenced-18-months-prison-stealing-driverless/

Google and Amazon are now the most imitated brands for phishing

You may want to think twice about opening that email claiming to be from Google or Amazon, after new research found the tech giants were being used as lures for phishing scams.

Earlier this year, Check Point revealed that Apple was the most imitated brand for phishing, but over the course of the last few months, the iPhone maker has fallen to seventh place with Google and Amazon now taking the top spots.

Why this matters:

Phishing is estimated to be the starting point of over 90 percent of all cyberattacks and according to Verizon's 2019 Data Breach Investigations Report, nearly one third (32%) of all data breaches involved phishing activity. Additionally phishing was present in 78 percent of cyber espionage incidents and the installation and use of backdoors in company networks.

Read more: https://www.techradar.com/news/google-and-amazon-are-now-the-most-imitated-brands-for-phishing

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.

Look out for our weekly ‘Cyber Tip Tuesday’ video blog and on our YouTube channel.

You can also follow us on Facebook, Twitter and LinkedIn.

Read More