Threat Intelligence Blog

Subscribe to our Weekly Cyber Threat Intelligence Briefing

Black Arrow Admin 15/09/2023 Black Arrow Admin 15/09/2023

Black Arrow Cyber Advisory 15 September 2023 – Critical Vulnerability in Multiple Browsers, Update Now

Black Arrow Cyber Advisory 15 September 2023 – Critical Vulnerability in Multiple Browsers and Applications Exploited, Update Now

Executive summary

A critical vulnerability in WebP has been identified as being actively exploited. The vulnerability impacts multiple browsers including Chrome, Edge, Firefox and Opera and any software using the libwebp library. Successful exploitation can lead to malicious code execution.

What’s the risk to me or my business?

The actively exploited vulnerability can allow an attacker to execute malicious code on vulnerable software, compromising the confidentiality, integrity and availability of data.

What can I do?

Security updates are available for browsers impacted; these should be applied immediately. It has been noted that other applications which use the libwebp library are also impacted and it is recommended that organisations check if the software they use is vulnerable.

Technical Summary

CVE-2023-4863: The actively exploited vulnerability allows an attacker to perform a heap buffer overflow attack, allowing them to execute malicious code.

Further details on the vulnerability can be found here:

https://nvd.nist.gov/vuln/detail/CVE-2023-4863

https://stackdiary.com/critical-vulnerability-in-webp-codec-cve-2023-4863/

The security advisory from Google Chrome can be found here:

https://chromereleases.googleblog.com/2023/09/stable-channel-update-for-desktop_12.html

The security advisory from Firefox can be found here:

https://www.mozilla.org/en-US/security/advisories/mfsa2023-40/

The security advisory from Microsoft can be found here:

https://msrc.microsoft.com/update-guide/en-US/advisory/CVE-2023-4863

Need help understanding your gaps, or just want some advice? Get in touch with us.

#threatadvisory #threatintelligence #cybersecurity

Black Arrow Admin 26/03/2023 Black Arrow Admin 26/03/2023

Black Arrow Cyber Threat Briefing 24 March 2023

Black Arrow Cyber Threat Briefing 24 March 2023:

-Majority of SMBs Lack Dedicated Cyber Experts and Cyber Incident Response Plans

-Controlling Third-Party Data Risk Should Be a Top Cyber Security Priority

-IT Security Spending to Reach Nearly $300 Billion by 2026

-2023 Cyber Security Maturity Report Reveals Organisational Unpreparedness for Cyber Attacks

-Board Cyber Shortage: Don’t Get Caught Swimming Naked

-Should Your Organisation Be Worried About Insider Threats?

-UK Ransomware Incident Volumes Surge 17% in 2022

-Financial Industry Hit by Rising Ransomware Attacks and BEC

-55 zero-day Flaws Exploited Last Year Show the Importance of Security Risk Management

-Security Researchers Spot $36m BEC Attack

-New Victims Come Forward After Mass Ransomware Attack

-Ransomware Gangs’ Harassment of Victims is Increasing

-Wartime Hacktivism is Spilling Over Into the Financial Services Industry

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.

Black Arrow Cyber Threat Briefing 13 January 2023

Black Arrow Cyber Threat Briefing 13 January 2023:

-Quarter of UK SMBs Hit by Ransomware in 2022

-Global Cyber Attack Volume Surges 38% in 2022

-1 in 3 Organisations Do Not Provide Any Cyber Security Training to Remote Workers Despite the Majority of Employees Having Access to Critical Data

-AI-Generated Phishing Attacks Are Becoming More Convincing

-Customer and Employee Data the Top Prize for Hackers

-Royal Mail hit by Ransomware Attack, Causes ‘Severe Disruption’ to Services

-The Guardian Confirms Personal Information Compromised in Ransomware Attack

-Ransomware Gang Releases Info Stolen from 14 UK Schools, Including Passport Scans

-The Dark Web’s Criminal Minds See Internet of Things as Next Big Hacking Prize

-Corrupted File to Blame for Computer Glitch which Grounded Every US Flight

Top Cyber Stories of the Last Week

Quarter of UK SMBs Hit by Ransomware in 2022

Over one in four (26%) British SMBs have been targeted by ransomware over the past year, with half (47%) of those compromised paying their extorters, according to new data from anti-virus provider Avast. The security vendor polled 1000 IT decision makers from UK SMBs back in October, to better understand the risk landscape over the previous 12 months.

More than two-thirds (68%) of respondents said they are more concerned about being attacked since the start of the war in Ukraine, fuelling concerns that have led to half (50%) investing in cyber-insurance. They’re wise to do so, considering that 41% of those hit by ransomware lost data, while 34% lost access to devices, according to Avast.

Given that SMBs comprise over 99% of private sector businesses in the country, it’s reassuring that cyber is now being viewed as a major business risk. Nearly half (48%) ranked it as one of the biggest threats they currently face, versus 66% who cited financial risk stemming from surging operational cost. More respondents cited cyber as a top threat than did physical security (35%) and supply chain disruption (33%).

Avast argued that SMBs are among the groups most vulnerable to cyber-threats as they often have very limited budget and resources, and many don’t have somebody on staff managing security holistically. As a result, not only are SMB’s lacking in their defence, but they’re also slower and less able to react to incidents.

https://www.infosecurity-magazine.com/news/quarter-of-uk-smbs-hit-ransomware/

Global Cyber Attack Volume Surges 38% in 2022

The number of cyber attacks recorded last year was nearly two-fifths (38%) greater than the total volume observed in 2021, according to Check Point.

The security vendor claimed the increase was largely due to a surge in attacks on healthcare organisations, which saw the largest year-on-year (YoY) increase (74%), and the activities of smaller, more agile hacking groups.

Overall, attacks reached an all-time high in Q4 with an average of 1168 weekly attacks per organisation. The average weekly figures for the year were highest for education sector organisations (2314), government and military (1661) and healthcare (1463).

Threat actors appear to have capitalised on gaps in security created by the shift to remote working. The ransomware ecosystem is continuing to evolve and grow with smaller, more agile criminal groups that form to evade law enforcement. Hackers are also now increasingly widening their aim to target business collaboration tools such as Slack, Teams, OneDrive and Google Drive with phishing exploits. These make for a rich source of sensitive data given that most organisations’ employees continue to work remotely.

It is predicted that AI tools like ChatGPT would help to fuel a continued surge in attacks in 2023 by making it quicker and easier for bad actors to generate malicious code and emails.

Recorded cyber-attacks on US organisations grew 57% YoY in 2022, while the figure was even higher in the UK (77%). This chimes with data from UK ISP Beaming, which found that 2022 was the busiest year on record for attacks. It recorded 687,489 attempts to breach UK businesses in 2022 – the equivalent of one attack every 46 seconds.

https://www.infosecurity-magazine.com/news/global-cyberattack-volume-surges/

1 in 3 Organisations Do Not Provide Any Cyber Security Training to Remote Workers Despite the Majority of Employees Having Access to Critical Data

New research from cyber security provider Hornetsecurity has found that 33% of companies are not providing any cyber security awareness training to users who work remotely.

The study also revealed nearly three-quarters (74%) of remote staff have access to critical data, which is creating more risk for companies in the new hybrid working world.

Despite the current lack of training and employees feeling ill-equipped, almost half (44%) of respondents said their organisation plans to increase the percentage of employees that work remotely. The popularity of hybrid work, and the associated risks, means that companies must prioritise training and education to make remote working safe.

Traditional methods of controlling and securing company data aren't as effective when employees are working in remote locations and greater responsibility falls on the individual. Companies must acknowledge the unique risks associated with remote work and activate relevant security management systems, as well as empower employees to deal with a certain level of risk.

The independent survey, which quizzed 925 IT professionals from a range of business types and sizes globally, highlighted the security management challenges and employee cyber security risk when working remotely. The research revealed two core problems causing risk: employees having access to critical data, and not enough training being provided on how to manage cyber security or how to reduce the risk of a cyber-attack or breach.

https://www.darkreading.com/vulnerabilities-threats/1-in-3-organizations-do-not-provide-any-cybersecurity-training-to-remote-workers-despite-a-majority-of-employees-having-access-to-critical-data

AI-Generated Phishing Attacks Are Becoming More Convincing

It's time for you and your colleagues to become more sceptical about what you read.

That's a takeaway from a series of experiments undertaken using GPT-3 AI text-generating interfaces to create malicious messages designed to spear-phish, scam, harass, and spread fake news.

Experts at WithSecure have described their investigations into just how easy it is to automate the creation of credible yet malicious content at incredible speed. Amongst the use cases explored by the research were the use of GPT-3 models to create:

Phishing content – emails or messages designed to trick a user into opening a malicious attachment or visiting a malicious link
Social opposition – social media messages designed to troll and harass individuals or to cause brand damage
Social validation – social media messages designed to advertise or sell, or to legitimise a scam
Fake news – research into how well GPT-3 can generate convincing fake news articles of events that weren’t part of its training set

All of these could, of course, be useful to cyber criminals hell-bent on scamming the unwary or spreading unrest.

https://www.tripwire.com/state-of-security/ai-generated-phishing-attacks-are-becoming-more-convincing

Customer and Employee Data the Top Prize for Hackers

The theft of customer and employee data accounts for almost half (45%) of all stolen data between July 2021 and June 2022, according to a new report from cyber security solution provider Imperva.

The data is part of a 12-month analysis by Imperva Threat Research on the trends and threats related to data security in its report “More Lessons Learned from Analysing 100 Data Breaches”.

Their analysis found that theft of credit card information and password details dropped by 64% compared to 2021. The decline in stolen credit card and password data pointing to the uptake of basic security tactics like multi-factor authentication (MFA). However, in the long term, PII data is the most valuable data to cyber-criminals. With enough stolen PII, they can engage in full-on identity theft which is hugely profitable and very difficult to prevent. Credit cards and passwords can be changed the second there is a breach, but when PII is stolen, it can be years before it is weaponised by hackers.

The research also revealed the root causes of data breaches, with social engineering (17%) and unsecured databases (15%) two of the biggest culprits. Misconfigured applications were only responsible for 2% of data breaches, but Imperva said that businesses should expect this figure to rise in the near future, particularly with cloud-managed infrastructure where configuring for security requires significant expertise.

It’s really concerning that a third (32%) of data breaches are down to unsecured databases and social engineering attacks, since they’re both straightforward to mitigate. A publicly open database dramatically increases the risk of a breach and, all too often, they are left like this not out of a failure of security practices but rather the total absence of any security posture at all.

https://www.infosecurity-magazine.com/news/customer-employee-data-hackers/

Royal Mail hit by Ransomware Attack, Causes ‘Severe Disruption’ to Services

Royal Mail experienced “severe service disruption” to its international export services following a ransomware attack, the company has announced. A statement said it was temporarily unable to despatch export items including letters and parcels to overseas destinations.

Royal Mail said: “We have asked customers temporarily to stop submitting any export items into the network while we work hard to resolve the issue” and advising that “Some customers may experience delay or disruption to items already shipped for export.”

The attack was later attributed to LockBit, a prolific ransomware gang with close ties to Russia. Both the NCSC and the NCA were involved in responding to the incident.

https://www.independent.co.uk/business/royal-mail-cyber-attack-exports-b2260308.html

The Guardian Confirms Personal Information Compromised in Ransomware Attack

British news organisation The Guardian has confirmed that personal information was compromised in a ransomware attack in December 2022.

The company fell victim to the attack just days before Christmas, when it instructed staff to work from home, announcing network disruptions that mostly impacted the print newspaper.

Right from the start, the Guardian said it suspected ransomware to have been involved in the incident, and this week the company confirmed that this was indeed the case. In an email to staff on Wednesday, The Guardian Media Group’s chief executive and the Guardian’s editor-in-chief said that the sophisticated cyber attack was likely the result of phishing.

They also announced that the personal information of UK staff members was compromised in the attack, but said that reader data and the information of US and Australia staff was not impacted. “We have seen no evidence that any data has been exposed online thus far and we continue to monitor this very closely,” the Guardian representatives said. While the attack forced the Guardian staff to work from home, online publishing has been unaffected, and production of daily newspapers has continued as well.

“We believe this was a criminal ransomware attack, and not the specific targeting of the Guardian as a media organisation,” the Guardian said.

The company continues to work on recovery and estimates that critical systems would be restored in the next two weeks. Staff, however, will continue to work from home until at least early February. “These attacks have become more frequent and sophisticated in the past three years, against organisations of all sizes, and kinds, in all countries,” the Guardian said.

https://www.securityweek.com/guardian-confirms-personal-information-compromised-ransomware-attack

Ransomware Gang Releases Info Stolen from 14 UK Schools, Including Passport Scans

Another month, another release of personal information stolen from a school system. This time, it's a group of 14 schools in the United Kingdom.

Once again, the perpetrator appears to be Vice Society, which is well known for targeting educational systems in the US. As the Cybersecurity and Infrastructure Security Agency (CISA) pointed out in a bulletin from Sept. 6, "K-12 institutions may be seen as particularly lucrative targets due to the amount of sensitive student data accessible through school systems or their managed service providers."

The UK hack may have turned up even more confidential information than the Los Angeles school system breach last year. As the BBC reported on Jan. 6, "One folder marked 'passports' contains passport scans for pupils and parents on school trips going back to 2011, whereas another marked 'contract' contains contractual offers made to staff alongside teaching documents on muscle contractions."

Some prominent school cyber attacks in the US include public school districts in Chicago, Baltimore, and Los Angeles. A new study from digital learning platform Clever claims that one in four schools experienced a cyber-incident over the past year, and according to a new report from security software vendor Emsisoft, at least 45 school districts and 44 higher learning institutions suffered ransomware attacks in 2022.

Schools are an attractive target as they are typically data-rich and resource-poor. Without proper resources in terms of dedicated staffing and the necessary tools and training to protect against cyber-attacks, schools can be a soft target. Many of the 14 schools hit by this latest leak are colleges and universities, but primary and secondary schools were also hit, according to the BBC's list.

https://www.darkreading.com/attacks-breaches/vice-society-releases-info-stolen-uk-schools-passport-scans

The Dark Web’s Criminal Minds See Internet of Things as Next Big Hacking Prize

Cyber security experts say 2022 may have marked an inflection point due to the rapid proliferation of IoT (Internet of Things) devices.

Criminal groups buy and sell services, and one hot idea — a business model for a crime — can take off quickly when they realise that it works to do damage or to get people to pay. Attacks are evolving from those that shut down computers or stole data, to include those that could more directly wreak havoc on everyday life. IoT devices can be the entry points for attacks on parts of countries’ critical infrastructure, like electrical grids or pipelines, or they can be the specific targets of criminals, as in the case of cars or medical devices that contain software.

For the past decade, manufacturers, software companies and consumers have been rushing to the promise of Internet of Things devices. Now there are an estimated 17 billion in the world, from printers to garage door openers, each one packed with software (some of it open-source software) that can be easily hacked.

What many experts are anticipating is the day enterprising criminals or hackers affiliated with a nation-state figure out an easy-to-replicate scheme using IoT devices at scale. A group of criminals, perhaps connected to a foreign government, could figure out how to take control of many things at once – like cars, or medical devices. There have already been large-scale attacks using IoT, in the form of IoT botnets. In that case, actors leveraging unpatched vulnerabilities in IoT devices used control of those devices to carry out denial of service attacks against many targets. Those vulnerabilities are found regularly in ubiquitous products that are rarely updated.

In other words, the possibility already exists. It’s only a question of when a criminal or a nation decides to act in a way that targets the physical world at a large scale. There are a handful of companies, new regulatory approaches, a growing focus on cars as a particularly important area, and a new movement within the software engineering world to do a better job of incorporating cyber security from the beginning.

https://www.cnbc.com/2023/01/09/the-dark-webs-criminal-minds-see-iot-as-the-next-big-hacking-prize.html

Corrupted File to Blame for Computer Glitch which Grounded Every US Flight

A corrupted file has been blamed for a glitch on the Federal Aviation Administration's computer system which saw every flight grounded across the US.

All outbound flights were grounded until around 9am Eastern Time (2pm GMT) on Wednesday as the FAA worked to restore its Notice to Air Missions (NOTAM) system, which alerts pilots of potential hazards along a flight route.

On Wednesday 4,948 flights within, into or out of the US had been delayed, according to flight tracker FlightAware.com, while 868 had been cancelled. Most delays were concentrated along the East Coast. Normal air traffic operations resumed gradually across the US following the outage to the NOTAM system that provides safety information to flight crews.

A corrupted file affected both the primary and the backup systems, a senior government official told NBC News on Wednesday night, adding that officials continue to investigate. Whilst Government officials said there was no evidence of a cyber attack, it shows the real world impacts that an outage or corrupted file can cause.

https://news.sky.com/story/all-flights-across-us-grounded-due-to-faa-computer-system-glitch-us-media-12784252

Threats

Ransomware, Extortion and Destructive Attacks

Phishing & Email Based Attacks

Malware

Mobile

Denial of Service/DoS/DDOS

Internet of Things – IoT

Data Breaches/Leaks

Organised Crime & Criminal Actors

Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain

Fraud, Scams & Financial Crime

Insurance

Dark Web

Software Supply Chain

Software Supply Chain Security Needs a Bigger Picture (darkreading.com)

Cloud/SaaS

Attack Surface Management

Identity and Access Management

4 identity security trends to watch in 2023 - Help Net Security

Encryption

Passwords, Credential Stuffing & Brute Force Attacks

Social Media

Training, Education and Awareness

1 in 3 Organisations Do Not Provide Any Cyber Security Training to Remote Workers Despite a Majority of Employees Having Access to Critical Data (darkreading.com)

Regulations, Fines and Legislation

Technical And Legal Risks Of ChatGPT: How Prepared Are We With Laws On AI? (informationsecuritybuzz.com)

Governance, Risk and Compliance

Careers, Working in Cyber and Information Security

Cyber security staff are struggling. Here's how to support them better | ZDNET

Law Enforcement Action and Take Downs

Privacy, Surveillance and Mass Monitoring

Hidden Chinese tracking device 'found in UK Government car' sparks national security fears (inews.co.uk)

Artificial Intelligence

Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine

Nation State Actors

Nation State Actors – Russia

Nation State Actors – China

Nation State Actors – Iran

Iran says it foiled cyber attack on central bank | Reuters

Nation State Actors – Misc

Vulnerability Management

Applications Five Years or Older Likely to have Security Flaws - Infosecurity Magazine (infosecurity-magazine.com)

Patch Where it Hurts: Effective Vulnerability Management in 2023 (thehackernews.com)

70% of apps contain at least one security flaw after 5 years in production - Help Net Security

Rackspace Ransomware Incident Highlights Risks of Relying on Mitigation Alone (darkreading.com)

Does a hybrid model for vulnerability management make sense? • Graham Cluley

Vulnerabilities

Tools and Controls

Other News

Sector Specific

Industry specific threat intelligence reports are available.

· 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.

Black Arrow Admin 11/09/2022 Black Arrow Admin 11/09/2022

Black Arrow Cyber Threat Briefing 09 September 2022

-Why It’s Mission-critical That All-sized Businesses Stay Cyber Secure

-Half of Firms Report Supply Chain Ransomware Compromise

-Vulnerability Exploits, Not Phishing, Are the Top Cyber Attack Vector for Initial Compromise

-Uber’s Ex-Security Chief Faces Landmark Trial Over Data Breach That Hit 57m Users

-Over 10% of Enterprise IT Assets Found Missing Endpoint Protection

-Some Employees Aren't Just Leaving Companies — They're Defrauding Them

-Ransomware Gangs Switching to New Intermittent Encryption Tactic

-How Posting Personal and Business Photos Can Be a Security Risk

-Your Vendors Are Likely Your Biggest Cyber Security Risk

-A Recent Chinese Hack Is a Wake-up Call for the Security of the World’s Software Supply Chain

-Massive Hotels Group IHG Struck by Cyber Attack Which Disrupts Booking Systems

-London's Biggest Bus Operator Hit by Cyber "Incident"

Top Cyber Stories of the Last Week

Why It’s Mission-Critical That All-Sized Businesses Stay Cyber Secure

A study analysing millions of emails across thousands of companies found that on average, employees of small businesses with less than 100 employees experience 350% more social engineering attacks than employees of larger enterprises. 57% of these are phishing attacks – the most prevalent social engineering attack of 2021.

Add to the mix that the global average cost of a data breach for businesses has skyrocketed. According to IBM Security’s annual Cost of a Data Breach Report, the average global cost is now a phenomenal $4.35 million.

Generally, larger corporations tend to have bigger security budgets, making them less of a target than smaller businesses with lesser budgets, and as such, more attractive to cyber criminals. This means that for small and medium-sized enterprises (SMEs) – with fewer resources and money – protection from cyber-attacks is now a matter of survival.

Ease of attack is not the only reason why criminals attack SMEs either. SMEs are often an entry point to target bigger organisations within the same supply chain. These larger corporations can either be crucial partners, suppliers, or customers, making SMEs prime targets.

But with efficient cyber security measures, every business regardless of size can keep themselves and their network safe.

https://informationsecuritybuzz.com/articles/why-its-mission-critical-that-all-sized-businesses-stay-cyber-secure/

Half of Firms Report Supply Chain Ransomware Compromise

Over half (52%) of global organisations know a partner that has been compromised by ransomware, yet few are doing anything to improve the security of their supply chain, according to Trend Micro.

The security vendor polled nearly 3,000 IT decision makers across 26 countries to produce its latest report, ‘Everything is connected: Uncovering the ransomware threat from global supply chains’.

It revealed that 90% of global IT leaders believe their partners and customers are making their own organisation a more attractive ransomware target.

That might be down in part to the fact that SMBs comprise a significant chunk of the supply chain for 52% of respondents. The security of SMBs is generally thought to be less effective than protection in larger, better resourced companies.

However, despite their concerns, less than half (47%) of respondents said they share knowledge about ransomware attacks with their suppliers, while a quarter (25%) claimed they don’t share potentially useful threat information with partners.

https://www.infosecurity-magazine.com/news/half-firms-supply-chain-ransomware/

Vulnerability Exploits, Not Phishing, Are the Top Cyber Attack Vector for Initial Compromise

Breaches involving phishing and credential compromise have received a lot of attention in recent years because of how frequently threat actors have employed the tactics in executing both targeted and opportunistic attacks. But that doesn't mean that enterprise organisations can afford to lessen their focus on vulnerability patching one bit.

A report from Kaspersky this week identified more initial intrusions last year resulting from exploitation of vulnerabilities in Internet-facing applications than breaches involving malicious emails and compromised accounts combined. And data that the company has collected through the second quarter of 2022 suggests the same trend might be playing out this year as well.

Kaspersky's analysis of its 2021 incident-response data showed that breaches involving vulnerability exploits surged from 31.5% of all incidents in 2020 to 53.6% in 2021. Over the same period, attacks associated with the use of compromised accounts to gain initial access declined from 31.6% in 2020 to 17.9% last year. Initial intrusions resulting from phishing emails decreased from 23.7% to 14.3% during the same period.

https://www.darkreading.com/vulnerabilities-threats/vulnerability-exploits-phishing-top-attack-vector-initial-compromise

Uber’s Ex-Security Chief Faces Landmark Trial Over Data Breach That Hit 57m Users

Uber’s former security officer, Joe Sullivan, is standing trial this week in what is believed to be the first case of an executive facing criminal charges in relation to a data breach.

The US district court in San Francisco will start hearing arguments on whether Sullivan, the former head of security at the ride-share giant, failed to properly disclose a 2016 data breach affecting 57 million Uber riders and drivers around the world.

At a time when reports of ransomware attacks have surged and cyber security insurance premiums have risen, the case could set an important precedent regarding the culpability of US security staffers and executives for the way the companies they work for handle cyber security incidents.

The breach first came to light in November 2017, when Uber’s chief executive, Dara Khosrowshahi, revealed that hackers had gained access to the driver’s licence numbers of 600,000 US Uber drivers as well as the names, email addresses and phone numbers of as many as 57 million Uber riders and drivers.

Public disclosures like Khosrowshahi’s are required by law in many US states, with most regulations mandating that the notification be made “in the most expedient time possible and without unreasonable delay”.

But Khosrowshahi’s announcement came with an admission: a whole year had passed since the information had been breached.

https://www.theguardian.com/technology/2022/sep/06/uber-joe-sullivan-trial-security-data-breach

Over 10% of Enterprise IT Assets Found With Missing Endpoint Protection

More than 10% of enterprise IT assets are missing endpoint protection and roughly 5% are not covered by enterprise patch management solutions.

The figures come from new research by Sevco Security, which the company has compiled in the State of the Cybersecurity Attack Surface report.

"Attackers are very adept at exploiting enterprise vulnerabilities. Security and IT teams already have their hands full mitigating the vulnerabilities that they know about, and our data confirms that this is just the tip of the iceberg," Sevco told Infosecurity Magazine.

The document analyses data aggregated from visibility into more than 500,000 IT assets, and underlines existential and underreported cyber security issues in relation to securing enterprises’ assets.

“The uncertainty of enterprise inventory – the elements that make up an organisation’s cyber security attack surface – upends the foundation of every major security framework and presents a challenge to security teams: it’s impossible to protect what you can’t see,” they said.

For instance, the data found that roughly 3% of all IT assets are “stale” in endpoint protection, while 1% are stale from the perspective of patch management coverage.

https://www.infosecurity-magazine.com/news/enterprise-assets-miss-endpoint/

Some Employees Aren't Just Leaving Companies — They're Defrauding Them

Since the Great Resignation in 2021, millions of employees have left their roles with current employers in search of better ones. According to Microsoft, 40% of employees reported they are considering leaving their current roles by the end of 2022. With many still working in remote or hybrid positions due to the pandemic, larger businesses have started implementing measures to gain a better understanding of employee morale and sentiment to prevent turnover.

While most employees leave companies on good terms, some may become extremely unhappy or disgruntled prior to their departure and are more likely to defraud the company either before leaving or on their way out the door. The unfortunate reality is that no business is immune to fraud, but luckily, there are several steps you can take to prevent it from happening.

According to the Cressey Fraud Triangle, fraudulent behaviour often occurs due to three contributing factors. These include pressure or motive to commit a fraud (usually a personal financial problem), perceived opportunity within the organisation to commit a fraud (poor oversight or internal controls), and rationalisation (the ability to justify the crime to make it seem acceptable).

Very often, a fraudster needs all three sides of the triangle to successfully commit a crime. Therefore, it is extremely important for organisations to do their best to create controls and understand the risk associated with each of these areas. For example, an employee may be disgruntled and also have personal financial issues. However, if internal controls are robust and the employee doesn't have access to financial instruments, valuable assets or software systems, their ability to defraud the company is extremely limited or will get identified immediately.

https://www.darkreading.com/vulnerabilities-threats/some-employees-aren-t-just-leaving-companies-they-re-defrauding-them

Ransomware Gangs Switching to New Intermittent Encryption Tactic

A growing number of ransomware groups are adopting a new tactic that helps them encrypt their victims' systems faster while reducing the chances of being detected and stopped.

This tactic is called intermittent encryption, and it consists of encrypting only parts of the targeted files' content, which would still render the data unrecoverable without using a valid decryption key.

For example, by skipping every other 16 bytes of a file, the encryption process takes almost half of the time required for full encryption but still locks the contents for good.

Additionally, because the encryption is milder, automated detection tools that rely on detecting signs of trouble in the form of intense file IO operations are more likely to fail.

SentinelLabs has posted a report examining a trend started by LockFile in mid-2021 and now adopted by the likes of Black Basta, ALPHV (BlackCat), PLAY, Agenda, and Qyick.

These groups actively promote the presence of intermittent encryption features in their ransomware family to entice affiliates to join the RaaS operation.

"Notably, Qyick features intermittent encryption, which is what the cool kids are using as you read this. Combined with the fact that is written in Go, the speed is unmatched," describes a Qyick advertisement on hacking forums.

https://www.bleepingcomputer.com/news/security/ransomware-gangs-switching-to-new-intermittent-encryption-tactic/

How Posting Personal and Business Photos Can Be a Security Risk

Image geotags, metadata, and location information can allow competitors, cyber criminals, and even nation-state threat actors to gain knowledge they can use against organisations.

Marketers in every industry enjoy evidencing their reach to their superiors and providing tangible examples of their width and breadth of influence via social networks, media, and other means of engagement. Photos of both customers and employees engaging at hosted social events, trade shows, conferences, and direct one-on-one encounters are often viewed as gold. Couple this with the individual employee’s or customer’s photos working their way onto social network platforms for others to see and admire, and the value of that gold increases, success being quantified by impressions, views and individual engagements.

The value of that gold doubles when not only does the company harvest data and call it a success, but their competitors also analyse such photos capturing a plethora of useful data points, including geotagged data, metadata of the photo, and identity of the individuals caught in the frame. They, too, call it a success. Yes, the digital engagement involving location data and or location hints within photos is a double-edged sword.

It isn’t just competitors who harvest the data. Criminal elements and nation-state intelligence and security elements do as well. Francis Bacon’s adage, “Knowledge itself is power,” applies. With location, time and place, and identity, competitors, criminals, and nation-states are given their initial tidbits of openly acquired information from which to begin to build their mosaic.

https://www.csoonline.com/article/3672869/how-posting-personal-and-business-photos-can-be-a-security-risk.html#tk.rss_news

Your Vendors Are Likely Your Biggest Cyber Security Risk

As speed of business increases, more and more organisations are looking to either buy companies or outsource more services to gain market advantage. With organisations expanding their vendor base, there is a critical need for holistic third-party risk management (TPRM) and comprehensive cyber security measures to assess how much risk vendors pose.

While organisations assess and manage risk on a multitude of layers, none present bigger threats to business resiliency than third-party risk and a lack of robust cyber security controls. Breaches and service interruptions tied to these risk areas have brought down critical systems of major organisations. In 2021, 53% of CISOs surveyed by Black Kite reported being hit by at least one ransomware attack.

It bears repeating: Cyber security and third-party risk are the two biggest problems facing your long-term viability. Businesses need to be able to tackle these risk vectors individually to gain a complete view of their risk profile. A cross-functional process is essential to managing the overlap between these risk areas to better protect your organisation and increase workflow efficiency.

Ensuring that the cyber security practices of your vendors align with your organisation’s standards is critical to safeguarding your systems and data. In fact, it is just as important as how stable the business is or how well it delivers products and services.

https://www.helpnetsecurity.com/2022/09/05/vendors-cybersecurity-risk/

A Recent Chinese Hack Is a Wake-up Call for the Security of the World’s Software Supply Chain

It’s perhaps only a coincidence that there’s a famous Chinese saying ‘No one knows, not even the ghosts’ that neatly summarises a recent hack on MiMi, a Chinese messaging app. According to recent reports, a Chinese state-backed hacking group inserted malicious code into this messaging app, essentially pulling off the equivalent of the infamous SolarWinds hack. Users of MiMi were served a version of the app with malicious code added, thanks to attackers taking control of the servers that delivered the app. In short, this was a software supply chain attack in which the software delivery pipeline was compromised.

Observers could be forgiven for thinking that this is just another hack. Chinese hacking groups, and those of Western countries too, have developed a reputation over the past two decades for spying, surveillance, and sabotage. But this attack is different than typical hacking fare because the attackers rode in on the back of a trusted piece of software. This is a software supply chain attack, where the attackers tamper with either source code, the software build system, or the software publishing pipeline, all of which have become essential to the functioning of the world’s digital economy.

Software supply chain attacks have been rapidly growing in frequency. Twenty years ago, there might have been one or two a year. These days, depending on the methodology, there are either hundreds or thousands a year, and that’s only counting the reported attacks. And increasingly anybody who depends upon software (read: everybody) is or shortly will be a victim: the U.S. government, Microsoft, thousands of other companies and, apparently in this MiMi attack, individuals.

https://thediplomat.com/2022/09/a-recent-chinese-hack-is-a-wake-up-call-for-the-security-of-the-worlds-software-supply-chain/

Massive Hotels Group IHG Struck by Cyber Attack Which Disrupts Booking Systems

InterContinental Hotels Group (IHG), which owns brands such as InterContinental, Crowne Plaza, Holiday Inn, and many others, has had its IT systems breached by malicious hackers.

In a filing with the London Stock Exchange, the multinational hospitality company reported that "parts of the company's technology systems have been subject to unauthorised activity."

As a result, the company said, "IHG's booking channels and other applications have been significantly disrupted since [Monday], and this is ongoing."

The first indication that the company was experiencing problems appeared early on Monday morning UK time, when anyone who tried to book a hotel room via the company's website or app, or access their IHG One Rewards account was greeted by a maintenance message.

Although it has made no declaration regarding the nature of the security breach, in its filing with the London Stock Exchange, IHG mentioned they were "working to fully restore all systems". This would fit into the scenario of IHG having hit been hit with ransomware, which may not only have encrypted data - locking the company out of its systems and demanding a ransom be paid - but could have also caused even more problems.

https://www.bitdefender.com/blog/hotforsecurity/massive-hotels-group-ihg-struck-by-cyberattack-which-disrupts-booking-systems/

London's Biggest Bus Operator Hit by Cyber "Incident"

Travellers in London were braced for more delays last week after the city’s largest bus operator revealed it has been hit by a “cyber security incident,” according to reports.

Newcastle-based transportation group Go-Ahead shared a statement with the London Stock Exchange indicating “unauthorised activity” had been discovered on its network yesterday.

“Upon becoming aware of the incident, Go-Ahead immediately engaged external forensic specialists and has taken precautionary measures with its IT infrastructure whilst it continues to investigate the nature and extent of the incident and implement its incident response plans,” it stated. “Go-Ahead will continue to assess the potential impact of the incident but confirms that there is no impact on UK or International rail services which are operating normally.”

However, the same may not be true of its bus services. Sky News reported that bus and driver rosters may have been impacted by the attack, which could disrupt operations.

Go-Ahead operates multiple services in the South, South West, London, North West, East Anglia, East Yorkshire and its native North East. It is London’s largest bus company, operating over 2400 buses in the capital and employing more than 7000 staff.

https://www.infosecurity-magazine.com/news/londons-biggest-bus-operator-hit/

Threats

Ransomware and Extortion

Phishing & Email Based Attacks

Other Social Engineering; Smishing, Vishing, etc

Defeat social engineering attacks by growing your cyber resilience - Help Net Security

Malware

Mobile

Internet of Things – IoT

New Stealthy Shikitega Malware Targeting Linux Systems and IoT Devices (thehackernews.com)

Data Breaches/Leaks

Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain

Fraud, Scams & Financial Crime

AML/CFT/Sanctions

Insurance

Supply Chain and Third Parties

Software Supply Chain

Report Highlights Prevalence of Software Supply Chain Risks (darkreading.com)

Denial of Service DoS/DDoS

Ransomware gang's Cobalt Strike servers DDoSed with anti-Russia messages (bleepingcomputer.com)

Cloud/SaaS

Identity and Access Management

There is no secure critical infrastructure without identity-based access - Help Net Security

Encryption

A Pragmatic Response to the Quantum Threat (darkreading.com)

API

Open Source

New Linux malware combines unusual stealth with a full suite of capabilities | Ars Technica

Passwords, Credential Stuffing & Brute Force Attacks

Social Media

Privacy

Parental Controls and Child Safety

Google’s image-scanning illustrates how tech firms can penalise the innocent | John Naughton | The Guardian

Cyber Bullying and Cyber Stalking

‘I didn’t want it anywhere near me’: how the Apple AirTag became a gift to stalkers | Apple | The Guardian

Regulations, Fines and Legislation

Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine

Nation State Actors

Nation State Actors – Russia

Raspberry Robin Malware Connected to Russian Evil Corp Gang (darkreading.com)

Nation State Actors – China

US bans ‘advanced tech’ firms from building facilities in China for a decade | Technology sector | The Guardian

Nation State Actors – North Korea

Nation State Actors – Iran

Nation State Actors – Misc

Vulnerability Management

High-profile vulnerabilities encourage organisations to improve security posture - Help Net Security

Vulnerabilities

Other News

Sector Specific

Industry specific threat intelligence reports are available.

· 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.

Black Arrow Admin 16/04/2021 Black Arrow Admin 16/04/2021

Black Arrow Cyber Threat Briefing 16 April 2021

Black Arrow Cyber Threat Briefing 16 April 2021: 61% Of Employees Fail Basic Cyber Security Quiz; More Than 1,900 Hacking Groups Active Today; Ransomware Crisis Worsens; Enterprise Security Attackers Are One Password Away From Your Worst Day; Microsoft’s April Update Patches 114 Bugs; Nation-State Attacks Targeting Businesses Rise; Criminals Installing Cryptojacking Malware On Unpatched Exchange Servers; Network Vulns Affect Over 100 Million Devices; Brits Still Confused By Multi-Factor Authentication

Threats

Ransomware

Phishing

Other Social Engineering

Malware

Hackers Using Website's Contact Forms to Deliver IcedID Malware

Mobile

Joker Malware Infected 538,000 Huawei Android Devices

Vulnerabilities

Data Breaches

Organised Crime & Criminal Actors

Coronavirus Triggers Epidemic Of Cyber Fraud

Nation State Actors

Privacy

24% Of Workers Spied On By Bosses

Reports Published in the Last Week

Other News

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.

Black Arrow Admin 22/02/2020 Black Arrow Admin 22/02/2020

Cyber Weekly Flash Briefing for 21 February 2020 – Adobe out-of-band fix, critical Cisco bugs, Insider Threats, PayPal phishing, Supply Chain Risks

Cyber Weekly Flash Briefing for 21 February 2020 – Adobe out of band fix, critical Cisco bugs, Insider Threats, PayPal phishing, Supply Chain Risks

Adobe releases out-of-band patch for critical code execution vulnerabilities

Adobe has released an out-of-schedule fix to resolve two vulnerabilities that may expose user systems to code execution attacks.

On Wednesday, the software vendor released two separate security advisories describing the issues, warning that each bug is deemed critical, the highest severity score available. However, there is at present no evidence the vulnerabilities are being exploited in the wild.

The first vulnerability impacts Adobe Media Encoder versions 14.0 and earlier on the Microsoft Windows platform. The second vulnerability impacts Adobe After Effects versions 16.1.2 and earlier also on Windows machines.

Critical Cisco Bug Opens Software Licencing Manager to Remote Attack

A default password would let anyone access the Cisco Smart Software Manager On-Prem Base platform, even if it’s not directly connected to the internet.

A critical flaw in the High Availability (HA) service of Cisco Smart Software Manager On-Prem Base has been uncovered, which would open the door to remote attackers thanks to its use of a static, default password, even if the platform isn’t directly connected to the internet.

Cisco Smart Software Manager On-Prem Base is used to manage a customer or partner’s product licenses, providing near real-time visibility and reporting of the Cisco licenses that an organisation purchases and consumes. According to Cisco’s product literature, the platform is aimed at “customers who have strict security requirements and do not want their products to communicate with the central licensing database on Smart Software Manager over a direct Internet connection,” like financial institutions, utilities, service providers and government organisations.

Read the full article on ThreatPost here: https://threatpost.com/critical-cisco-bug-software-licencing-remote-attack/153086/

97% of IT leaders majorly concerned by insider data breaches

A study has found that 97% of IT leaders are concerned that data will be exposed by their own employees, leading to insider breaches

This findings from the survey spelled a lack of reassurance for decision makers regarding insider breaches over the past 12 months.

Also, 78% of IT leaders surveyed said that employees have put data at risk accidentally within the last year, while 75% say that intentional compromise of data security has occurred.

While the former statistic has remained stable since 2019, the latter saw a 14% jump.

In the UK, 63% declared intentional data security compromise, while 68% said this was accidental. This contrasted with leaders in the Benelux region, 89% of whom said that data was put at risk intentionally, and 91% accidentally.

PayPal remains the most‑spoofed brand in phishing scams

PayPal, Facebook, Microsoft, Netflix, and WhatsApp were the most commonly impersonated brands in phishing campaigns in the fourth quarter of 2019.

The payment services provider retained its top spot from the previous quarter, according to data gleaned from the number of unique phishing URLs detected by the company. Thanks to the immediate financial payback and a pool of 305 million active users worldwide, PayPal’s continued popularity among phishers isn’t all that surprising.

PayPal-themed phishing campaigns usually target both consumers and SMB employees, with researchers pointing to an example of a recent fraudulent email that alerted users to an “unusual activity on your account”. A similar campaign was recently uncovered by researchers.

Social media phishing continues to grow with Facebook taking second place on the list. Meanwhile, WhatsApp jumped a whopping 63 spots to take fifth place and Instagram surged 16 places to take the 13th spot.

More: https://www.welivesecurity.com/2020/02/14/paypal-remains-most-spoofed-brand-phishing-scams/

Windows 10 update: Microsoft admits serious problem, here's how to fix it

It was recently discovered that the newest Windows 10 update was somehow deleting users’ files. The update has been live for over a week now, but fear not (or at least not too much) Windows fans, Microsoft has now said (unofficially) that it’s found a fix.

Thanks to Windows Latest (via TechRadar), we now know how Windows is responding to the problem. The site interviewed unnamed Microsoft support team staff, one of which was quoted as saying: “Microsoft is aware of this known issue and our engineers are working diligently to find a solution for it.” In addition, it’s been reported that the Windows team have been able to replicate the bug and find one potential way of restoring any lost files.

Read the full article here: https://www.tomsguide.com/news/windows-10-update-microsoft-admits-serious-problem-heres-how-to-fix-it

Mitigating Risk in Supply Chain Attacks

In the last year, the number of global businesses falling victim to supply chain attacks more than doubled from 16 to 34 per cent – in the UK the picture is even worse with a staggering 42 per cent reporting they fell victim to these sorts of attacks.

This kind of attack is a powerful threat as it enables malicious code to slip into an organisation through trusted sources. What is worse is that it’s a tougher threat for traditional security approaches to account for.

Of even more concern though is that this particular attack vector doesn’t appear to be a top priority for businesses. The same survey found only 42 per cent of respondents have vetted all new and existing software suppliers in the past 12 months. While this has led to 30 per cent of respondents believing with absolute certainty that their organisation will become more resilient to supply chain attacks over the next 12 months, the increasing scale and frequency of these attacks demands a proportionate response.

The problem is that many businesses fail to understand how quickly adversaries can move laterally through the network via this sort of compromise and how much damage can be done in that short amount of time. There is an educational need for the cyber industry to broadcast the potential consequences of supply chain attacks, and to share best practices around their defence and mitigation.

Adversaries use supply chain attacks as a sneaky weak point through which to creep into the enterprise and attack software further up the supply chain rather than going straight for their final target: An organisation with funds or information they wish to pilfer, or whom they will ‘merely’ disrupt. Once an adversary successfully compromises the chain, their M.O. is to modify the trusted software to perform additional, malicious activities. If not discovered, compromised software can then be delivered throughout an organisation via software updates.

Read the original article here: https://www.cbronline.com/opinion/mitigating-risk-in-supply-chain-attacks

Russia’s GRU was behind cyber attacks on Georgian government and media, says NCSC

British security officials have identified a Russian military intelligence unit as the source of a series of “large-scale, disruptive cyber attacks” on Georgia last autumn.

The former Soviet Union state suffered a spree of attacks on its government websites, national broadcasters and NGOs over several hours on 28 October 2019.

Analysts at the National Cyber Security Centre have concluded “with the highest level of probability” that the attacks, aimed at web hosting providers, were carried out by the GRU in a bid to destabilise the country.

UK Google users could lose EU GDPR data protections

Google is to move the data and user accounts of its British users from the EU to the US, placing them outside the strong privacy protections offered by European regulators.

The shift, prompted by Britain’s exit from the EU, will leave the sensitive personal information of tens of millions not covered by Europe’s world-leading General Data Protection Regulation (GDPR) and therefore with less protection and within easier reach of British law enforcement.

Google intends to require its British users to acknowledge new terms of service including the new jurisdiction, according to people familiar with the plans.

ISS World “malware attack” leaves employees offline

Global facilities company ISS World, headquartered in Denmark, has shuttered most of its computer systems worldwide after suffering what it describes as a “security incident impacting parts of the IT environment.”

The company’s website currently shows a holding page, with no clickable links on it.

Some media outlets – for example, the BBC – have mentioned ransomware prominently in their coverage of the issue, perhaps because of the suddenness of the story, but at the moment we simply don’t know what sort of malware was involved.

As you can imagine, facilities companies that provide services such as cleaning and catering rely heavily on IT systems for managing their operations.

Read the full article here: https://nakedsecurity.sophos.com/2020/02/20/iss-world-malware-attack-leaves-employees-offline/

Google is trying to scare Microsoft Edge users into switching to Chrome

Could Google be worried about the new Edge browser stealing away Chrome users? It seems that way, with the company now displaying a warning to people using Microsoft’s new web browser when they access the Chrome web store.

Originally, Microsoft’s Edge web browser was a deeply unpopular piece of software, despite it being the default web browser in Windows 10, which led Microsoft to overhaul the app, and it’s now based on the same Chromium engine as Chrome.

Edge users who visit the Chrome web store are seeing a warning message that says “Google recommends switching to Chrome to use extensions securely.”

Your home PC is twice as likely to get infected as your work laptop

Outdated operating systems and poor security put consumer PCs at risk

Consumer PCs are twice as likely to get infected as business PCs, new research has revealed.

According to the findings, the reason consumer PCs are more susceptible to infections is due to the fact that many are running outdated operating systems such as Windows 7 and because consumers aren't employing the same security solutions used by businesses which offer greater protection.

Of the infected consumer devices, more than 35 percent were infected over three times and nearly 10 percent encountered six or more infections.

More: https://www.techradar.com/uk/news/consumer-pcs-are-twice-as-likely-to-get-infected-compared-to-business-pcs

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.

Threat Intelligence Blog

Black Arrow Cyber Advisory 15 September 2023 – Critical Vulnerability in Multiple Browsers, Update Now

Black Arrow Cyber Threat Briefing 24 March 2023

Top Cyber Stories of the Last Week

Majority of SMBs Lack Dedicated Cyber Experts and Cyber Incident Response Plans

Controlling Third-Party Data Risk Should be a Top Cyber Security Priority

IT Security Spending to Reach Nearly $300 Billion by 2026

2023 Cyber Security Maturity Report Reveals Organisational Unpreparedness for Cyber Attacks

Board Cyber Shortage: Don’t Get Caught Swimming Naked

Should your Organisation be Worried about Insider Threats?

UK Ransomware Incident Volumes Surge 17% in 2022

Financial Industry Hit by Rising Ransomware Attacks and BEC

55 zero-day Flaws Exploited Last Year Show the Importance of Security Risk Management

Security Researchers Spot $36m BEC Attack

New Victims Come Forward After Mass Ransomware Attack

Ransomware Gangs’ Harassment of Victims is Increasing

Wartime Hacktivism is Spilling Over into the Financial Services Industry

Threats

Ransomware, Extortion and Destructive Attacks

Phishing & Email Based Attacks

BEC – Business Email Compromise

Other Social Engineering; Smishing, Vishing, etc

2FA/MFA

Malware

Mobile

Botnets

Denial of Service/DoS/DDOS

Internet of Things – IoT

Data Breaches/Leaks

Organised Crime & Criminal Actors

Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain

Insider Risk and Insider Threats

Fraud, Scams & Financial Crime

Deepfakes

Insurance

Supply Chain and Third Parties

Software Supply Chain

Cloud/SaaS

Hybrid/Remote Working

Identity and Access Management

API

Open Source

Passwords, Credential Stuffing & Brute Force Attacks

Social Media

Training, Education and Awareness

Regulations, Fines and Legislation

Governance, Risk and Compliance

Models, Frameworks and Standards

Backup and Recovery

Data Protection

Careers, Working in Cyber and Information Security

Law Enforcement Action and Take Downs

Privacy, Surveillance and Mass Monitoring

Artificial Intelligence

Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine

Nation State Actors

Vulnerability Management

Vulnerabilities

Tools and Controls

Reports Published in the Last Week

Other News

Sector Specific

Black Arrow Cyber Threat Briefing 13 January 2023

Top Cyber Stories of the Last Week

Quarter of UK SMBs Hit by Ransomware in 2022

Global Cyber Attack Volume Surges 38% in 2022

1 in 3 Organisations Do Not Provide Any Cyber Security Training to Remote Workers Despite the Majority of Employees Having Access to Critical Data

AI-Generated Phishing Attacks Are Becoming More Convincing

Customer and Employee Data the Top Prize for Hackers

Royal Mail hit by Ransomware Attack, Causes ‘Severe Disruption’ to Services

The Guardian Confirms Personal Information Compromised in Ransomware Attack

Ransomware Gang Releases Info Stolen from 14 UK Schools, Including Passport Scans

The Dark Web’s Criminal Minds See Internet of Things as Next Big Hacking Prize

Corrupted File to Blame for Computer Glitch which Grounded Every US Flight

Threats

Ransomware, Extortion and Destructive Attacks

Phishing & Email Based Attacks

Malware

Mobile

Denial of Service/DoS/DDOS