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Black Arrow Cyber Threat Briefing 30 June 2023
Black Arrow Cyber Threat Briefing 30 June 2023:
-Zurich Insurance Group Secures Data Leak After Leaving Sensitive Data Publicly Accessible
-Employees Worry Less About Cyber Security Best Practices in the Summer
-Businesses are Ignoring Third-Party Security Risks
-Fear Trumps Anger When It Comes to Data Breaches – Angry Customers Vent, But Fearful Customers Don’t Come Back
-Over 130 Organisations and Millions of Individuals Believed to Be Impacted by MOVEit Hack, it Keeps Growing
-Widespread BEC Attacks Threaten European Organisations
-Lloyd’s Syndicates Sued Over Cyber Insurance
-95% Fear Inadequate Cloud Security Detection and Response
-The Growing Use of Generative AI and the Security Risks They Pose
-The CISO’s Toolkit Must Include Political Capital Within The C-Suite
-Microsoft Warns of Widescale Credential Stealing Attacks by Russian Hackers as War Ministers Reliant on Cyber Crime
-SMBs Plagued by Exploits, Trojans and Backdoors
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
Zurich Insurance Group Secures Data Leak After Leaving Sensitive Data Publicly Accessible
Zurich Insurance Group is a major player in the insurance game, with over 55 million clients. They have recently just fixed a sensitive file that they had left publicly accessible. The file in question contained a range of credentials including database credentials, admin credentials, credentials for the actively exploited MOVEit software, credentials for their HR system and more. All of which could be utilised by threat actors to inflict serious damage. This was not the only vulnerability stemming from the insurance group; researchers found that Zurich were also running an outdated website, which contained a large number of vulnerabilities.
The case is alarming as Zurich Insurance Group provides cyber insurance and the instance above reinforces the need for organisations to be proactive in identifying cyber risks in their environment; it is simply not enough to rely on having insurance or meeting insurance requirements.
https://cybernews.com/zurich-insurance-data-leak/
Employees Worry Less About Cyber Security Best Practices in the Summer
IT teams are struggling to monitor and enforce BYOD (Bring Your Own Device) policies during summer months according to a new report. The report found that 55% of employees admitted to relying solely on their mobile devices while working remotely in the summer. 25% of all respondents claim that they aren’t concerned about ensuring network connections are secure when accessing their company’s data.
In the same report, 45% of employees in the US and UK said no specific measures to educate and remind employees on security best practices are taken during the summer, with only 24% of UK respondents receiving access to online cyber security training and guides and even less (17%) in the US. This comes as a separate report found that the number of phishing sites targeting mobile devices increased from 75% to 80% year-on-year in 2022, and this is likely to continue rising. Worryingly, it was also found that the average user is between six and ten times more likely to fall for an SMS phishing attack than email.
https://www.helpnetsecurity.com/2023/06/30/summer-byod-policies/
https://www.infosecurity-magazine.com/news/mobile-malware-and-phishing-surge/
Businesses are Ignoring Third-Party Security Risks
With 58% of companies managing over 100 vendors, 8% of which manage over 1,000, the need for a robust Third-Party Security Risk Management process becomes abundantly clear. Despite this, only 13% of organisations continuously monitor the security risks of their third parties. This is worrying, when considering the knock-on effects of third party breaches from the likes of Capita, SolarWinds and 3CX, and the recent MOVEit attack, impacting organisations whose only relationship with MOVEit was that their supplier used it.
https://www.helpnetsecurity.com/2023/06/30/third-party-relationships-risks/
Fear Trumps Anger When It Comes to Data Breaches – Angry Customers Vent, But Fearful Customers Don’t Come Back
When a person is notified of a data breach involving their personal information, if they react with a feeling of fear, as opposed to anger, they’re more likely to stop using the site. A report found that positive attitudes toward the website before the breach did not meaningfully affect whether consumers reengaged with the website after the breach, as some prior research has indicated. Instead, the emotional response of fear weighed heavily on customers and outweighed any earlier positive sentiment towards the organisation.
When a company has been breached in the past they have dealt with angry customers and negative press. To do so, companies may engage crisis managers to contain the damage, partner with identity protection services, pay fines or settlements, or try to lure back customers with free services. However, the study shows that companies need to address fearful customers differently after a data breach has occurred if they want to avoid customer loss. To do this, companies can work with their IT departments to identify customers who are no longer active after a breach and then reach out to them directly to assuage their fears.
Over 130 Organisations and Millions of Individuals Believed to be Impacted by MOVEit Hack, it Keeps Growing
The dramatic fallout continues in the mass exploitation of a critical vulnerability in a widely used file-transfer program, with at least three new victims coming to light in the past few days. They include the New York City Department of Education and energy companies Schneider Electric and Siemens Electric. These join others, including PwC, Sony and EY. If the attack has shown us one thing, it’s that any organisation can be a victim.
Widespread BEC Attacks Threaten European Organisations
Based on an analysis of email attack trends between June 2022 and May 2023, total email attacks in Europe increased by 7 times and the US 5 times. For business email compromise (BEC) specifically, Europe saw an alarming 10 times the amount it had previously and the US saw a 2 times increase.
BEC continues to remain a high priority threat for many organisations and if someone already has a legitimate business email which they have compromised to use for BEC attacks on your organisation, it is very likely that your technical processes will be ineffective, leaving your people and operational processes to stop an attack. Is your organisation cyber aware? Are they undergoing regular awareness training?
This is one of many areas that Black Arrow can help improve your organisation’s security through robust employee cyber security Awareness Behaviour and Culture training.
https://www.helpnetsecurity.com/2023/06/27/bec-attacks-frequency/
Lloyd’s Syndicates Sued Over Cyber Insurance
The University of California (UCLA) is suing a number of insurance firms for refusing to pay out on cyber policies nearly 10 years after hackers breached data on millions of patients at its health system. The dispute is over a cyber attack from 2014 through 2015 that exposed personal information of patients at UCLA Health.
UCLA Health allege that the syndicates refused to engage in dispute resolution by asserting that the statue of limitations applying to the claims had expired. The insurers, who could not be named, are said to have refused every claim saying that UCLA Health failed to satisfy cyber security requirements under the contract terms. It’s important for organisations with cyber insurance to understand their insurance in detail and to know where they stand in the event of a cyber incident.
95% Fear Inadequate Cloud Security Detection and Response
A recent report found 95% of respondents expressed concern in their organisation’s ability to detect and respond to a security event in their cloud environment. The same study also found that 50% of total respondents had reported a data breach due to unauthorised access to their cloud environment.
It is often the case that issues in the cloud come from the perception of the responsibility of the cloud environment. Organisations must realise that they share responsibility for securing their cloud environment, including its configuration. The report found that, despite the number of breaches and concerns in their organisation’s ability, more than 80% of respondents still felt their existing tooling and configuration would sufficiently cover their organisation from an attack. Organisations must ask themselves what they are doing to protect their cloud environment.
https://www.helpnetsecurity.com/2023/06/27/cloud-environment-security/
The Growing Use of Generative AI and the Security Risks They Pose
A recent survey by Malwarebytes revealed 81% of people are concerned about the security risks posed by ChatGPT and generative AI, and 52% of respondents are calling for a pause on ChatGPT for regulations to catch up, while 7% think it will improve internet security. A key concern about the data produced by generative AI platforms is the risk of "hallucinations" whereby machine learning models produce untruths. This becomes a serious issue for organisations if its content is heavily relied upon to make decisions, particularly those relating to threat detection and response.
Another recent report on the risks brought by Large Language Model AIs showed that the rise in opensource AI adoption is developed insecurely; this results in an increased threat with substantial security risks to organisation.
The CISO’s Toolkit Must Include Political Capital Within The C-Suite
Over the past 18 months, there has been a sea change in the chief information security officer (CISO) role. Fundamentally, the CISO is responsible for the protection of an entity's information. The US Securities and Exchange Commission (SEC) has issued a proposed rule change on cyber security risk management, strategy, governance, and incident response disclosure by public companies that requires publicly traded companies to provide evidence of the board's oversight of cyber security risk. Couple this with the former CISO of Uber being found guilty on charges of "obstruction of the proceedings of the Federal Trade Commission" and it is clear that the hand at the helm must be able to navigate all types of seas in their entity's political milieu. In this regard, the CISO needs to acquire political capital. CISO’s should have the capability to talk in understandable terms and clearly demonstrate value to the other board members.
Microsoft Warns of Widescale Credential Stealing Attacks by Russian Hackers as War Ministers Reliant on Cyber Crime
Russia's diminishing position on the world stage has limited its physical options on the ground, leaving Putin's regime increasingly reliant on cyber crime to carry out its oppositional activities against Ukraine and Europe. Microsoft has disclosed that it has detected a spike in credential-stealing attacks conducted by the Russian state-affiliated hacker group known as Midnight Blizzard.
This comes as Switzerland's Federal Intelligence Service (FIS) released its 2023 security assessment, predicting that Russia will increasingly launch cyber attacks as part of its war strategy not just in Ukraine, but against NATO member states as well.
https://www.darkreading.com/threat-intelligence/russia-reliant-on-cybercrime-as-international-pariah
https://thehackernews.com/2023/06/microsoft-warns-of-widescale-credential.html
SMB’s Plagued as Cyber Attackers Still Rely on Decades Old Security Weaknesses and Tactics
Despite best cyber security efforts, small and mid-sized businesses (SMBs) continue to struggle to thwart attacks and harden defences in response to remote working and other newer challenges.
This future focus can lead to a neglection of older weaknesses. Cyber attackers are typically relying on tried-and-tested tactics and old security weaknesses to target organisations, a recent Barracuda threat spotlight found. Hackers are returning to proven methods to gain remote control of systems, install malware, steal information and disrupt or disable business operations through denial-of-service attacks, Barracuda reports. The report found that between February to April 2023, the top malicious tactics found to be used were vulnerabilities from 2008.
The report highlights the fact that there are no cutoff dates for vulnerabilities and attackers will use whatever is at their disposal to try and infiltrate your organisation. This can be protected by having strong policies and controls in place alongside frequent penetration testing to ensure these vulnerabilities are being patched.
https://www.scmagazine.com/news/malware/smbs-plagued-by-exploits-trojans-and-backdoors
Governance, Risk and Compliance
Businesses are ignoring third-party security risks - Help Net Security
Employees worry less about cyber security best practices in the summer - Help Net Security
Digital-First Economy Has Transformed Role of CISO- IT Security Guru
SEC Alleges SolarWinds CFO, CISO Violated US Securities Laws (bankinfosecurity.com)
The CISO’s toolkit must include political capital within the C-suite | CSO Online
NCSC Launches Cyber Risk Management Toolbox - Infosecurity Magazine (infosecurity-magazine.com)
Threats
Ransomware, Extortion and Destructive Attacks
MOVEit hackers may have found simpler business model beyond ransomware | SC Media (scmagazine.com)
Dozens of Businesses Hit Recently by '8Base' Ransomware Gang - SecurityWeek
UK cyber spies warn ransomware criminals targeting law firms • The Register
Cl0p in Your Network? Here's How to Find Out (darkreading.com)
July is Ransomware Month: Reminder to Prepare, Defend Against Hijackers - MSSP Alert
The Trickbot/Conti Crypters: Where Are They Now? (securityintelligence.com)
Linux version of Akira ransomware targets VMware ESXi servers (bleepingcomputer.com)
Ransomware Victims
Casualties keep growing in this month’s mass exploitation of MOVEit 0-day | Ars Technica
8 Tech And IT Companies Targeted In The MOVEit Attacks | CRN
MOVEIt breach impacts Genworth, CalPERS as data for 3.2 million exposed (bleepingcomputer.com)
Clop names PWC, Ernst & Young, and Sony in MOVEit hack | Cybernews
UCLA, Siemens Among Latest Victims of Relentless MOVEit Attacks (darkreading.com)
Siemens Energy, Schneider Electric Targeted by Ransomware Group in MOVEit Attack - SecurityWeek
10 banks alleged victims of ransomware attacks on file transfer software | American Banker
Almost 770,000 Calpers members hit by cyber attack | Financial Times (ft.com)
Ransomware and phishing attacks continue to plague businesses in Singapore | ZDNET
K-12 schools are revisiting their cyber strategies after year of ransomware attacks (axios.com)
Phishing & Email Based Attacks
Mobile Malware and Phishing Surge in 2022 - Infosecurity Magazine (infosecurity-magazine.com)
How a Layered Security Approach Can Minimise Email Threats - MSSP Alert
Less than half of UK banks implement most secure DMARC level | CSO Online
BEC – Business Email Compromise
Widespread BEC attacks threaten European organisations - Help Net Security
The Current State of Business Email Compromise Attacks (bleepingcomputer.com)
Other Social Engineering; Smishing, Vishing, etc
Unmasking Pig-Butchering Scams and Protecting Your Financial Future - Security News (trendmicro.com)
Artificial Intelligence
Sharing Your Business’ Data With ChatGPT: How Risky Is It? - MSSP Alert
OpenAI lawsuit: Maker of ChatGPT sued over alleged data usage | CNN Business
Lawyers who cited fake cases invented by ChatGPT must pay • The Register
Generative AI Projects Pose Major Cyber security Risk to Enterprises (darkreading.com)
How to Deploy Generative AI Safely and Responsibly (trendmicro.com)
Generative-AI apps & ChatGPT: Potential risks and mitigation strategies (thehackernews.com)
Does the world need an arms control treaty for AI? | CyberScoop
When It Comes to Secure Coding, ChatGPT Is Quintessentially Human (darkreading.com)
AI-Enabled Voice Cloning Anchors Deepfaked Kidnapping (darkreading.com)
2FA/MFA
Malware
SMBs plagued by exploits, trojans and backdoors | SC Media (scmagazine.com)
Hackers Use Weaponized PDF Files to Attack Organisations (cybersecuritynews.com)
New Mockingjay Process Injection Technique Could Let Malware Evade Detection (thehackernews.com)
Fileless attacks surge as cyber Criminals evade cloud security defences | CSO Online
NSA warns of ‘false sense of security’ against BlackLotus malware (therecord.media)
Trojanized Super Mario Bros game spreads malware- - Security Affairs
New PindOS JavaScript dropper deploys Bumblebee, IcedID malware (bleepingcomputer.com)
NPM Plagued with ‘Manifest Confusion’ Malware-Hiding Weakness (darkreading.com)
Newly Uncovered ThirdEye Windows-Based Malware Steals Sensitive Data (thehackernews.com)
North Korean Andariel APT used a new malware named EarlyRat - Security Affairs
Mobile
Mobile Malware and Phishing Surge in 2022 - Infosecurity Magazine (infosecurity-magazine.com)
Apple says proposed UK law ‘poses a serious threat’ to end-to-end encryption - The Verge
Anatsa Android trojan now steals banking info from users in US, UK (bleepingcomputer.com)
Fluhorse: Flutter-Based Android Malware Targets Credit Cards and 2FA Codes (thehackernews.com)
Denial of Service/DoS/DDOS
Global rise in DDoS attacks threatens digital infrastructure - Help Net Security
Pro-Russia DDoSia hacktivist project sees 2,400% membership increase (bleepingcomputer.com)
Internet of Things – IoT
Someone sent mysterious smartwatches to US Military personnel - Security Affairs
The tech flaw that lets hackers control surveillance cameras - BBC News
Data Breaches/Leaks
Latitude hit with $1 million lawsuit over data breach (9news.com.au)
Recruitment portal exposes data of US pilot candidates • The Register
3 Steps to Successfully & Ethically Navigate a Data Breach (darkreading.com)
Sensitive Information Stolen in LetMeSpy Stalkerware Hack - SecurityWeek
US Patent Office Data Spill Exposes Trademark Applications (darkreading.com)
Organised Crime & Criminal Actors
2,700 People Tricked Into Working for Cyber Crime Syndicates Rescued in Philippines - SecurityWeek
Security analyst wanted by both Russia and the US • The Register
Former Group-IB manager has been arrested in Kazahstan - Security Affairs
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Twitter Hacker Sentenced to 5 Years in Prison for $120,000 Crypto Scam (thehackernews.com)
JOKERSPY used to target a cryptocurrency exchange in Japan - Security Affairs
Japanese Cryptocurrency Exchange Falls Victim to JokerSpy macOS Backdoor Attack (thehackernews.com)
Insider Risk and Insider Threats
Fraud, Scams & Financial Crime
Twitter Hacker Sentenced to 5 Years in Prison for $120,000 Crypto Scam (thehackernews.com)
Unmasking Pig-Butchering Scams and Protecting Your Financial Future - Security News (trendmicro.com)
This Chatbot Gives Phone Call Scammers a Taste of Their Own Medicine (pcmag.com)
The robotic falcon maker who was targeted by cyber criminals - BBC News
Deepfakes
Insurance
University of California Sues Lloyd’s Syndicates Over Cyber Insurance - WSJ
Insurance companies using AI for underwriting and due diligence amid cyber threats | Fox Business
How Big Is the Cyber Insurance Market? Can It Keep Growing? | Lawfare (lawfaremedia.org)
Dark Web
Citizen of Croatia charged with running the Monopoly Market drug marketplace - Security Affairs
Inside Threat Actors: Dark Web Forums vs. Illicit Telegram Communities (bleepingcomputer.com)
Supply Chain and Third Parties
Cloud/SaaS
95% fear inadequate cloud security detection and response - Help Net Security
Fileless attacks surge as cyber Criminals evade cloud security defences | CSO Online
5 Pitfalls in Cloud Cyber security’s Shared Responsibility Model - MSSP Alert
Uncovering attacker tactics through cloud honeypots - Help Net Security
How hardening Microsoft 365 tenants mitigates potential cloud attacks - Help Net Security
Outlook for the web outage impacts users across America (bleepingcomputer.com)
3 Tips to Increase Hybrid and Multicloud Security (darkreading.com)
Identity and Access Management
Encryption
Apple says proposed UK law ‘poses a serious threat’ to end-to-end encryption - The Verge
Iran finally admits its 'quantum processor' was in fact not quantum at all | PC Gamer
How to stop quantum computers from breaking the internet’s encryption (sciencenews.org)
Open Source
Passwords, Credential Stuffing & Brute Force Attacks
Social Media
Travel
Cyber Bullying, Cyber Stalking and Sextortion
Regulations, Fines and Legislation
SEC Alleges SolarWinds CFO, CISO Violated US Securities Laws (bankinfosecurity.com)
US firm 'breached GDPR' by reputation-scoring EU citizens • The Register
JP Morgan accidentally deletes 47 million comms records • The Register
Models, Frameworks and Standards
Careers, Working in Cyber and Information Security
SEC notice to SolarWinds CISO and CFO roils cyber security industry | CSO Online
Skill gap plagues cyber security industry as jobs go unfilled | Mint (livemint.com)
Law Enforcement Action and Take Downs
Hacker responsible for 2020 Twitter breach sentenced to prison | TechCrunch
Citizen of Croatia charged with running the Monopoly Market drug marketplace - Security Affairs
2,700 People Tricked Into Working for Cyber Crime Syndicates Rescued in Philippines - SecurityWeek
Privacy, Surveillance and Mass Monitoring
Nation State Actors, Advanced Persistent Threats (APTs), Cyber Warfare and Cyber Espionage
Russia
Microsoft Warns of Widescale Credential Stealing Attacks by Russian Hackers (thehackernews.com)
Russian Spies, War Ministers Reliant on Cyber Crime in Pariah State (darkreading.com)
Pro-Russia DDoSia hacktivist project sees 2,400% membership increase (bleepingcomputer.com)
Microsoft hackers say they work for Sudan, not Russia | Fortune
'Chinese spy balloon' was 'crammed' with US hardware • The Register
Hackers attack Russian satellite telecom provider, claim affiliation with Wagner Group | CyberScoop
China
China's 'Volt Typhoon' APT Now Exploits Zoho ManageEngine (darkreading.com)
'Chinese spy balloon' was 'crammed' with US hardware • The Register
Iran
The potent cyber adversary threatening to further inflame Iranian politics | CyberScoop
From MuddyC3 to PhonyC2: Iran's MuddyWater Evolves with a New Cyber Weapon (thehackernews.com)
Iran finally admits its 'quantum processor' was in fact not quantum at all | PC Gamer
North Korea
Misc/Other/Unknown
Vulnerability Management
SMBs plagued by exploits, trojans and backdoors | SC Media (scmagazine.com)
Remediation Ballet Is a Pas de Deux of Patch and Performance (darkreading.com)
Micropatches: What they are and how they work - Help Net Security
When It Comes to Secure Coding, ChatGPT Is Quintessentially Human (darkreading.com)
It's 2023 and out-of-bounds write bugs are still number one • The Register
Vulnerabilities
VMware fixed five memory corruption issues in vCenter Server - Security Affairs
US Cyber security Agency Adds 6 Flaws to Known Exploited Vulnerabilities Catalog (thehackernews.com)
CISA Says Critical Zyxel NAS Vulnerability Exploited in Attacks - SecurityWeek
Serious IDOR Vulnerability Found In Microsoft Teams (latesthackingnews.com)
Fortinet fixes critical FortiNAC RCE, install updates asap - Security Affairs
Details Disclosed for Critical SAP Vulnerabilities, Including Wormable Exploit Chain - SecurityWeek
Critical flaw in VMware Aria Operations for Networks sees mass exploitation | CSO Online
Internet Systems Consortium (ISC) fixed three DoS flaw in BIND - Security Affairs
Chrome 114 Update Patches High-Severity Vulnerabilities - SecurityWeek
Grafana warns of critical auth bypass due to Azure AD integration (bleepingcomputer.com)
The tech flaw that lets hackers control surveillance cameras - BBC News
Exploit released for new Arcserve UDP auth bypass vulnerability (bleepingcomputer.com)
Tools and Controls
95% fear inadequate cloud security detection and response - Help Net Security
How a Layered Security Approach Can Minimize Email Threats - MSSP Alert
ITDR Combines and Refines Familiar Cyber security Approaches (darkreading.com)
Uncovering attacker tactics through cloud honeypots - Help Net Security
10 things every CISO needs to know about identity and access management (IAM) | VentureBeat
FIDO Alliance Publishes Guidance for Deploying Passkeys in the Enterprise (darkreading.com)
3 Tips to Increase Hybrid and Multicloud Security (darkreading.com)
Other News
Businesses count the cost of network downtime - Help Net Security
Exploring the persistent threat of cyber attacks on healthcare - Help Net Security
How Can Manufacturers Stop Being The Top Target For Cyber Crime? (informationsecuritybuzz.com)
Ex-FBI employee jailed for mishandling classified material • The Register
Rapid7: Japan Threat Landscape Takes on Global Significance - SecurityWeek
Over 1500 gas stations disrupted in Canada, after energy giant hacked (bitdefender.com)
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.
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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.
Black Arrow Cyber Threat Briefing 14 April 2023
Black Arrow Cyber Threat Briefing 14 April 2023:
-Almost Half of Former Employees Say Their Passwords Still Work
-Efficient Risk Based Patch Management Means Eliminating Just 2% of Exposures Could Protect 90% of Critical Assets
-Printers Pose Persistent Yet Overlooked Threat
-Employees Are as Likely as Cyber Criminals to Cause Cyber Incidents
-Over 90% of Organisations Find Threat Hunting a Challenge
-75% of Organisations Have Suffered a Cyber Security Breach
-Leak Shows Evolving Russian Cyber War Capabilities
-Outsourced Payroll and HR Services Firm Forced to Shut Down After Cyber Attack
-When a Cyber Criminal Steals Personal Data from Your Organisation What Do You Do and Who Do You Need to Inform?
-Insider Threat and Ransomware: A Growing Issue
-How LockBit Changed Cyber Security Forever
-Hybrid Work Environments Are Stressing CISOs
-Protect Your Data with a USB Condom
-Strategising Cyber Security: Why a Risk-based Approach is Key
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
Almost Half of Former Employees Say Their Passwords Still Work
An alarming number of organisations are not properly offboarding employees when they leave, especially in regard to passwords. In a new survey of 1,000 workers who had access to company passwords at their previous jobs, 47% admitted to using them after leaving the company.
According to the survey one in three respondents said they had been using the passwords for upwards of two years, which is a distressingly long time for organisations not to be aware of who is accessing those accounts and services.
When asked what they use the passwords for, 64% said to access their former email accounts and 44% to access company data. A concerning 10% of respondents said they were trying to disrupt company activities.
Efficient Risk Based Patch Management Means Eliminating Just 2% of Exposures Could Protect 90% of Critical Assets
A recent cyber security report analysed over 60 million security exposures, or weaknesses that could give an attacker access to systems. The report found that only 2% enabled attackers access to critical assets, while 75% of exposures along attack paths lead to “dead ends”. Further, the report shows that average organisations have 11,000 exploitable security exposures monthly, with techniques targeting credentials and permissions affecting 82% of organisations and exploits accounting for over 70% of all identified security exposures.
The report found that most security alerts were benign and did not lead to critical assets. By applying efficient risk based patch management and reducing unnecessary access to critical assets, organisations can mitigate a significant amount of risk. This isn’t a simple task however, for an organisation to be able to employ efficient risk based patch management it must have a sufficient level of cyber maturity and internal vulnerability scanning accompanied by a dynamic threat intelligence component.
https://www.infosecurity-magazine.com/news/eliminating-2-exposures-protect-90/
Printers Pose Persistent Yet Overlooked Threat
A rash of printer-related vulnerabilities in 2023 have punctuated security expert warnings that printers continue to be a significant vulnerability within companies — especially as remote workers require printing resources or access to corporate printers. So far in 2023, Lexmark advised that a publicly available remote exploit had already targeted a code execution flaw in its printers, HP warned of a vulnerable firmware version on some of its enterprise printers, and Microsoft fixed three remote code execution vulnerabilities in its printer drivers.
Printers remain a likely soft spot in most companies’ attack surface area, particularly because they are not always part of a company’s asset management process and are often left out of security assessments and risk registers. Many organisations don’t know where their printers are, their security status, configuration, monitoring or logging activity. Research has shown that 67% of companies are worried about the risk home printers may pose and only 26% of information technology and cyber security professionals are confident in their organisation’s printing infrastructure security.
https://www.darkreading.com/vulnerabilities-threats/printers-pose-persistent-yet-overlooked-threat
Employees Are as Likely as Cyber Criminals to Cause Cyber Incidents
Employees and cyber criminals cause similar numbers of data leakages. Kaspersky’s 2022 IT Security Economics survey found cyber-attacks caused 23% of data leakages, while employees caused a similar proportion, at 22%. The rise in employees causing leakages may be linked with more remote working since the pandemic, with new staff laptops, tablets, and virtual private networks (VPNs) featuring among the extra endpoints and systems needing security. Although innocent mistakes or ignoring cyber-security policy were behind most leakages, security managers reported 36% of employee-triggered leakages were deliberate acts of sabotage or espionage. The high number of cyber-incidents stemming from employee action shows all organisations need thorough cyber-security awareness training to teach all staff how to avoid common security mistakes.
Over 90% of Organisations Find Threat Hunting a Challenge
Executing essential cyber security operations tasks during the threat hunting process is an increasingly challenging proposition to the vast majority of organisations, with 93% of those polled for a Sophos report saying they find basic security operations a chore.
In the report, “The state of cybersecurity 2023: The business impact of adversaries on defenders”, Sophos said these findings were likely the result of the ongoing cyber security skills shortage, which is creating a domino effect in security operations: a lack of skilled personnel makes investigating alerts take longer, which reduces the security team’s capacity and increases the organisation’s exposure to higher levels of risk.
Organisations that suffer the most are those with revenues of less than $10m (£8m), which are more likely to lack the necessary skillsets, followed by organisations with revenues of more than $5bn, where organisational and system complexity likely play a more prominent role.
75% of Organisations Have Suffered a Cyber Security Breach
Most organisations need stronger security controls to stop cyber security breaches and cyber attacks, according to “The Data Dilemma: Cloud Adoption and Risk Report” from security service edge (SSE) company Skyhigh Security. Key takeaways from the report include:
97% of organisations indicated they are experiencing private cloud problems.
75% have experienced a cyber security breach, threat and/or theft of data.
75% said shadow IT “impairs their ability to keep data secure.”
60% allow employees to download sensitive data to their personal devices.
52% noted their employees are using SaaS services that are commissioned by departments outside of IT and without direct involvement of their IT department.
37% said they do not trust the public cloud to secure their sensitive data.
Leak Shows Evolving Russian Cyber War Capabilities
The leak of thousands of pages of secret documentation related to the development of Moscow’s cyber and information operations capabilities paint a picture of a government obsessed with social control and committed to scaling their capacity for non-kinetic interference.
The leaked documents detail methods and training simulations intended to prepare an operator workforce for offensive operations against critical infrastructure targets. Tools revealed by these recent leaks suggest a desire and an ability to extensively map foreign vulnerabilities and make the job of Russia’s cyber conflict operators as accessible and scalable as possible.
This leak reinforces the significant concern regarding the threat posed by Russian cyber forces to firms across the globe.
Outsourced Payroll and HR Services Firm Forced to Shut Down After Cyber Attack
Belgian headquartered HR and payroll giant SD Worx has suffered a cyber attack causing them to shut down all IT systems for their UK and Ireland services. While the login portals for other European countries are working correctly, the company's UK customer portal was not accessible. As a full-service human resources and payroll company, SD Worx manages a large amount of sensitive data for their client's employees.
According to the company's general conditions agreement, this data may include tax information, government ID numbers, addresses, full names, birth dates, phone numbers, bank account numbers, employee evaluations, and more.
When a Cyber Criminal Steals Personal Data from Your Organisation What Do You Do and Who Do You Need to Inform?
If that happens it might be time for your management to clear their desks. The prospect of financial penalties and reputational damage is very real. You need to know your obligations — for instance, reporting the breach to applicable authorities and regulators within strict timeframes — understand the breach, and prioritise. Then you communicate and remedy. If you haven’t planned well, it’s going to be tough.
You need to understand the data breach. Who is affected — is it staff or customer data? What exactly have the cyber criminals accessed? Consider the type of information: salary details and passport copies, or customer payment information.
If personal data has been lost or compromised, you will likely have an obligation under data protection regulations to report the breach to your applicable data protection authority within 72 hours, and if you are a regulated business there will likely be similar requirements to report to your regulator within a similar timeframe. Knowing your obligations — ideally before any hack takes place — will guide how well you respond.
https://www.thetimes.co.uk/article/who-should-i-inform-after-a-data-hack-dcrzvgp2x
Insider Threat and Ransomware: A Growing Issue
Ransomware is a growing epidemic. 2022 saw a slew of high-profile attacks leading to massive paydays for cyber criminals. Cyber criminals work just as hard to conceal their identities and location as they do to exploit weaknesses and capture valuable data to hold hostage. Organisations not only stand to lose money in this scenario, but the damage to their reputation and trustworthiness in the market can be challenging to recover from. Customers place high trust in the safety of their personal information, and it’s the company they hold accountable – not the thieves – if it slips into the wrong hands.
Even if you have good technical controls, the low-hanging fruit is capitalising on the human element and gaining entrance through a person within your organisation. Insider threats come in all shapes and sizes and roles, including employees, executives, former employees, board members, contractors, and service providers. Insider threats, by their very nature, pose a unique challenge for organisations.
https://informationsecuritybuzz.com/insider-threat-and-ransomware-a-growing-issue/
How LockBit Changed Cyber Security Forever
LockBit are one of the most prolific ransomware gangs globally, accounting for almost half of ransomware attacks in 2022. They not only maintain a high profile, but they’ve also turned ransom monetisation upside down. Thanks to their innovative approach, the group has claimed 44% of total ransomware attacks launched in 2022. LockBit made history by launching the industry’s first bug bounty program initiated by a ransomware group. The operation invites security experts to uncover vulnerabilities and report them for rewards ranging from $1,000 to a staggering $1 million. This has since been expanded and now offers bounties for creative ways to enhance ransomware operations.
https://securityintelligence.com/articles/how-lockbit-changed-cybersecurity/
Hybrid Work Environments Are Stressing CISOs
The impact of the hybrid workforce on security posture, as well as the risks introduced by this way of working, are posing concerns for CISOs and driving them to develop new strategies for hybrid work security, according to a new report.
Among the report’s most critical findings is the revelation that browsing-based threats ranked as CISOs’ number one concern, regardless of whether their organisation was operating primarily in an in-office, hybrid, or remote setting.
And as for the risks posed by hybrid and remote workers specifically, insecure browsing also topped the list of CISOs’ concerns.
https://www.helpnetsecurity.com/2023/04/12/hybrid-work-environments-stressing-cisos/
Protect Your Data with a USB Condom
USB isn't just a charging protocol, it also allows data to flow back and forth, and while most of the time this data flow is safe, it is possible to create a malicious charging port that can do bad things, such as plant malware on your device or steal your data. Equally, an employee plugging their personal phone into a corporate USB port may present a danger to the corporate network through the phone. A USB condom is a small dongle that adds a layer of protection between your device and the charging point you're attaching it to by blocking the data being transferred through the port. If you must use a charger, cable, or charging port that isn't under your control, it makes sense to use a USB condom.
https://www.zdnet.com/article/protect-your-data-with-a-usb-condom/
Strategising Cyber Security: Why a Risk-based Approach is Key
By 2027, cyber crime could cost the global economy nearly $24 trillion. Businesses often find themselves at the sharp end of this challenge, and, as such, cyber security is a critical aspect of the modern business landscape. Cyber threats are multiplying and pose serious financial, legal and reputational challenges to organisations.
Modern and effective cyber security management entails more than managing technology risk; it encompasses managing business risk. Organisations must recognise cyber security as a strategic imperative integrated into their overall risk management framework — and this starts at the board level. In some cases, board members may find it beneficial to seek help in assessing appropriate levels of control.
https://www.weforum.org/agenda/2023/04/strategizing-cybersecurity-why-a-risk-based-approach-is-key/
Threats
Ransomware, Extortion and Destructive Attacks
Microsoft Issues Patches for 97 Flaws, Including Active Ransomware Exploit (thehackernews.com)
Microsoft patches vulnerability used in Nokoyawa ransomware attacks | CSO Online
How LockBit Changed Cyber security Forever (securityintelligence.com)
Insider Threat And Ransomware: A Growing Issue (informationsecuritybuzz.com)
Rorschach ransomware deployed by misusing a security tool - Help Net Security
Medusa ransomware claims attack on Open University of Cyprus (bleepingcomputer.com)
Cyble — New Cylance Ransomware with Power-Packed CommandLine Options
Taiwanese PC Company MSI Falls Victim to Ransomware Attack (thehackernews.com)
KFC, Pizza Hut owner discloses data breach after ransomware attack (bleepingcomputer.com)
7 Things Your Ransomware Response Playbook Is Likely Missing (darkreading.com)
Cyber crime group exploits Windows zero-day in ransomware attacks-Security Affairs
Windows zero-day vulnerability exploited in ransomware attacks (bleepingcomputer.com)
Ransomware gangs increasingly deploy zero-days to maximize attacks | CyberScoop
Latitude Financial Refuses to Pay Ransom - Infosecurity Magazine (infosecurity-magazine.com)
Superyacht-Maker Hit by Easter Ransomware Attack - Infosecurity Magazine (infosecurity-magazine.com)
Phishing & Email Based Attacks
Microsoft: Phishing attack targets accountants as Tax Day approaches (bleepingcomputer.com)
Researchers Uncover Thriving Phishing Kit Market on Telegram Channels (thehackernews.com)
Phishing Campaign Targeting YouTube Content Creators, Malware Hitting Charging Stations - MSSP Alert
BEC – Business Email Compromise
Other Social Engineering; Smishing, Vishing, etc
2FA/MFA
Comparing enabled and enforced MFA in Microsoft 365 | TechTarget
Rilide browser extension steals MFA codes - Help Net Security
Malware
New Mirai Variant Employs Uncommon Tactics to Distribute Malware (darkreading.com)
Typhon Reborn Stealer Malware Resurfaces with Advanced Evasion Techniques (thehackernews.com)
BlackGuard Stealer Extends its Capabilities in New Variant - MSSP Alert
Check Point Software Technologies: Qbot Top Malware in March 2023 - MSSP Alert
Cryptocurrency Stealer Malware Distributed via 13 NuGet Packages (thehackernews.com)
Attackers Hide RedLine Stealer Behind ChatGPT, Google Bard Facebook Ads (darkreading.com)
Microsoft shares guidance to detect BlackLotus UEFI bootkit attacks (bleepingcomputer.com)
Microsoft, Fortra Gains Legal Rights Against Cobalt Strike Abuse (informationsecuritybuzz.com)
Legion Malware Marches onto Web Servers to Steal Credentials, Spam Mobile Users (darkreading.com)
WhatsApp boosts defence against account takeover via malware (bleepingcomputer.com)
Mobile
FBI warns about dangers of public USB charging ports | Popular Science (popsci.com)
Researchers Uncover Thriving Phishing Kit Market on Telegram Channels (thehackernews.com)
Android phones vulnerable to remote hacking — update right now | Tom's Guide (tomsguide.com)
Burglars tunnel through Apple Store’s neighbour, allegedly steal $500K in iPhones | Ars Technica
5G connections set to rise past 5.9 billion by 2027 - Help Net Security
Cyber criminals To Add Android Malware On Google Play Up To $20,000 (informationsecuritybuzz.com)
WhatsApp boosts defence against account takeover via malware (bleepingcomputer.com)
Denial of Service/DoS/DDOS
Hackers Flood NPM with Bogus Packages Causing a DoS Attack (thehackernews.com)
DDoS attacks shifting to VPS infrastructure for increased power (bleepingcomputer.com)
DDoS alert traffic reaches record-breaking level of 436 petabits in one day - Help Net Security
DDoS attacks rise as pro-Russia groups attack Finland, Israel (techrepublic.com)
Internet of Things – IoT
Printers Pose Persistent Yet Overlooked Threat (darkreading.com)
There’s a new form of keyless car theft that works in under 2 minutes | Ars Technica
Special Report: Tesla workers shared sensitive images recorded by customer cars | Reuters
Default static key in ThingsBoard IoT platform can give attackers admin access | CSO Online
5G connections set to rise past 5.9 billion by 2027 - Help Net Security
Zigbee PRO 2023 introduces new security mechanisms, feature enhancements - Help Net Security
Critical Vulnerability in Hikvision Storage Solutions Exposes Video Security Data - SecurityWeek
Data Breaches/Leaks
Samsung employees unwittingly leaked company secret data by using ChatGPT-Security Affairs
Cloud accounting firm in a pickle after researchers find admin login data | TechRadar
Service NSW breach exposes personal data affecting thousands of customers | 7NEWS
Military Intel Leak Investigated By US Officials (informationsecuritybuzz.com)
Hyundai data breach exposes owner details in France and Italy (bleepingcomputer.com)
Organised Crime & Criminal Actors
Criminal businesses adopt corporate behaviour as they grow - Help Net Security
Seized Genesis malware market's infostealers infected 1.5 million computers | CSO Online
Breached shutdown sparks migration to ARES data leak forums (bleepingcomputer.com)
FBI: Crooks posing as PRC agents prey on Chinese in the US • The Register
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Sentiment DeFi Hacker Makes Amends by Returning 90% of Funds (beincrypto.com)
Cryptocurrency Stealer Malware Distributed via 13 NuGet Packages (thehackernews.com)
Insider Risk and Insider Threats
Employees are as likely as cyber-criminals to cause cyber-incidents | The Independent
Cyber criminals use simple trick to obtain personal data - Help Net Security
Insider Threat And Ransomware: A Growing Issue (informationsecuritybuzz.com)
Fraud, Scams & Financial Crime
FBI warns of companies exploiting sextortion victims for profit (bleepingcomputer.com)
Cambodia deports 19 Japanese cyber crime scam suspects | News | Al Jazeera
‘Overemployed’ Hustlers Exploit ChatGPT To Take On Even More Full-Time Jobs (vice.com)
When Banking Laws Don't Protect Consumers From Cybertheft (darkreading.com)
AI clones child’s voice in fake kidnapping scam | The Independent
Five arrested after 33,000 victims lose $98M to online investment fraud (bleepingcomputer.com)
Stolen Card Numbers Plummet 94% Globally - Infosecurity Magazine (infosecurity-magazine.com)
Supply Chain and Third Parties
3CX confirms North Korean hackers behind supply chain attack (bleepingcomputer.com)
Capita: IT outsourcer reels from being locked out of its own IT (thetimes.co.uk)
Cloud/SaaS
Western Digital struggles to fix massive My Cloud outage, offers workaround (bleepingcomputer.com)
Microsoft Azure Users Warned of Potential Shared Key Authorization Abuse - SecurityWeek
Iranian APT group launches destructive attacks in hybrid Azure AD environments | CSO Online
Cloud accounting firm in a pickle after researchers find admin login data | TechRadar
Securing the Chaos – Harnessing Dispersed Multi-Cloud, Hybrid Environments - SecurityWeek
Hybrid/Remote Working
Hybrid work environments are stressing CISOs - Help Net Security
‘Overemployed’ Hustlers Exploit ChatGPT To Take On Even More Full-Time Jobs (vice.com)
Attack Surface Management
How to Secure Web Applications in a Growing Digital Attack Surface (bleepingcomputer.com)
The new weakest link in the cyber security chain - Help Net Security
Shadow IT
Identity and Access Management
Identity Management Day: 3 Things MSSPs Need to Know - MSSP Alert
Centralized vs. decentralized identity management explained | TechTarget
The Service Accounts Challenge: Can't See or Secure Them Until It's Too Late (thehackernews.com)
Encryption
API
Google launches dependency API and curated package repository with security metadata | CSO Online
Why Shadow APIs are More Dangerous than You Think (thehackernews.com)
Open Source
Passwords, Credential Stuffing & Brute Force Attacks
Almost Half of Former Employees Say Their Passwords Still Work (darkreading.com)
Why it's time to move towards a passwordless future - Help Net Security
AI can crack most password in less than a minute | TechRadar
How an AI tool could crack your passwords in seconds | ZDNET
Meet PassGAN, the supposedly “terrifying” AI password cracker that’s mostly hype | Ars Technica
Social Media
Malvertising
Training, Education and Awareness
Regulations, Fines and Legislation
Lagging regulations frustrate protecting data from cyber attacks (themandarin.com.au)
Battle could be brewing over new FCC data breach reporting rules | CSO Online
When Banking Laws Don't Protect Consumers From Cyber Theft (darkreading.com)
Governance, Risk and Compliance
Employees are as likely as cyber-criminals to cause cyber-incidents | The Independent
Skyhigh Security Report: 75% of Organizations Have Suffered a Cyber security Breach - MSSP Alert
Strategising cyber security: Why a risk-based approach is key | World Economic Forum (weforum.org)
Outcome-based cyber security paves way for organizational goals - Help Net Security
Why reporting an incident only makes the cyber security community stronger | CSO Online
6 common challenges facing cyber security teams and how to overcome them | TechCrunch
Top 10 Cyber security Trends for 2023: From Zero Trust to Cyber Insurance (thehackernews.com)
Most Security Exposures Do Not Put Organizations' Critical Assets At Risk, Study Shows - MSSP Alert
Threat hunting programs can save organizations from costly security breaches - Help Net Security
Gartner: Human-Centric Design Is Top Cyber Security Trend for 2023 (darkreading.com)
Law Enforcement Action and Take Downs
Seized Genesis malware market's infostealers infected 1.5 million computers | CSO Online
Spanish cops arrest teenage 'Robin Hood hacker' • The Register
Australia Is Scouring the Earth for Cyber criminals — the US Should Too (darkreading.com)
Cambodia deports 19 Japanese cyber crime scam suspects | News | Al Jazeera
Dutch Police mails RaidForums members to warn they’re being watched (bleepingcomputer.com)
Five arrested after 33,000 victims lose $98M to online investment fraud (bleepingcomputer.com)
Privacy, Surveillance and Mass Monitoring
Tesla Sued Over Workers' Alleged Access to Car Video Imagery - SecurityWeek
Consumers take data control into their own hands amid rising privacy concerns - Help Net Security
Artificial Intelligence
Samsung employees unwittingly leaked company secret data by using ChatGPT - Security Affairs
Cyber crime: be careful what you tell your chatbot helper… | Chatbots | The Guardian
US cyber chiefs warn of threats from China and AI • The Register
When you're talking to a chatbot, who's listening? | CNN Business
Bad Actors Will Use Large Language Models — but Defenders Can, Too (darkreading.com)
AI can crack most password in less than a minute | TechRadar
‘Overemployed’ Hustlers Exploit ChatGPT To Take On Even More Full-Time Jobs (vice.com)
AI clones child’s voice in fake kidnapping scam | The Independent
European privacy watchdog creates ChatGPT task force | Reuters
Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine
Russian hackers linked to widespread attacks targeting NATO and EU (bleepingcomputer.com)
NTC Vulkan leak shows evolving Russian cyberwar capabilities | CSO Online
The Discord servers at the center of a massive US intelligence leak | CyberScoop
Cisco trashed offices and destroyed spares as it quit Russia • The Register
Another zero-click Apple spyware biz shows up in town again • The Register
Ukrainian hackers spend $25,000 of pro-Russian blogger's money on sex toys (bitdefender.com)
DDoS attacks rise as pro-Russia groups attack Finland, Israel (techrepublic.com)
Russian Hacker Group Zarya Hit Canadian Pipeline—Leaked Docs (gizmodo.com)
Russia's Joker DPR Claims Access to Ukraine Troop Movement Data (darkreading.com)
Spyware Offered to Cyber attackers via PyPI Python Repository (darkreading.com)
Russian hackers ‘target security cameras inside Ukraine coffee shops’ | Ukraine | The Guardian
Nation State Actors
Russia-linked APT29 is behind recent attacks targeting NATO and EU-Security Affairs
North Korean Hackers Uncovered as Mastermind in 3CX Supply Chain Attack (thehackernews.com)
US cyber chiefs warn of threats from China and AI • The Register
Ukrainian hackers spend $25,000 of pro-Russian blogger's money on sex toys (bitdefender.com)
Google is on a crusade against cyber security threats from North Korea | TechRadar
Russian Hacker Group Zarya Hit Canadian Pipeline—Leaked Docs (gizmodo.com)
Iranian APT group launches destructive attacks in hybrid Azure AD environments | CSO Online
FBI: Crooks posing as PRC agents prey on Chinese in the US • The Register
Vulnerability Management
Most Security Exposures Do Not Put Organizations' Critical Assets At Risk, Study Shows - MSSP Alert
Ransomware gangs increasingly deploy zero-days to maximize attacks | CyberScoop
Vulnerabilities
Microsoft Issues Patches for 97 Flaws, Including Active Ransomware Exploit (thehackernews.com)
Windows admins warned to patch critical MSMQ QueueJumper bug (bleepingcomputer.com)
Nokoyawa ransomware attacks with Windows zero-day | Securelist
Thousands at risk from critical RCE bug in legacy MS service | Computer Weekly
1M+ WordPress Sites Hacked via Zero-Day Plug-in Bugs (darkreading.com)
Sophos Patches Critical Code Execution Vulnerability in Web Security Appliance - SecurityWeek
Cisco Patches Code and Command Execution Vulnerabilities in Several Products - SecurityWeek
CISA orders agencies to patch Backup Exec bugs used by ransomware gang (bleepingcomputer.com)
CISA Adds Two Known Exploited Vulnerabilities to Catalog | CISA
Data-leak flaw in Qualcomm, HiSilicon-based Wi-Fi AP chips • The Register
Twitter 'Shadow Ban' Bug Gets Official CVE (darkreading.com)
Exploit available for critical bug in VM2 JavaScript sandbox library (bleepingcomputer.com)
Microsoft finally gets around to fixing half-decade-old Firefox CPU bug | TechRadar
SAP releases security updates for two critical-severity flaws (bleepingcomputer.com)
Adobe Plugs Gaping Security Holes in Reader, Acrobat - SecurityWeek
Limit Login Attempts Plugin Patches Severe Unauthenticated Stored XSS Vulnerability – WP Tavern
Fortinet Patches Critical Vulnerability in Data Analytics Solution - SecurityWeek
How Microsoft’s Shared Key authorization can be abused and how to fix it | CSO Online
Microsoft shares fix for Outlook issue blocking access to emails (bleepingcomputer.com)
Critical Vulnerability in Hikvision Storage Solutions Exposes Video Security Data - SecurityWeek
Tools and Controls
Threat hunting programs can save organizations from costly security breaches - Help Net Security
Stopping criminals from abusing security tools - Microsoft On the Issues
Most Security Exposures Do Not Put Organizations' Critical Assets At Risk, Study Shows - MSSP Alert
The Pope's Security Gets a Boost With Vatican's MDM Move (darkreading.com)
Bad Actors Will Use Large Language Models — but Defenders Can, Too (darkreading.com)
Cyber crime: be careful what you tell your chatbot helper… | Chatbots | The Guardian
Detailed Analysis Of The Best Password Managers In 2023 (informationsecuritybuzz.com)
How CIEM Can Improve Identity, Permissions Management for Multicloud Deployments (darkreading.com)
Centralized vs. decentralized identity management explained | TechTarget
The Service Accounts Challenge: Can't See or Secure Them Until It's Too Late (thehackernews.com)
What is an Intrusion Prevention System (IPS)? (techtarget.com)
Securing the Chaos – Harnessing Dispersed Multi-Cloud, Hybrid Environments - SecurityWeek
How to Secure Web Applications in a Growing Digital Attack Surface (bleepingcomputer.com)
4 strategies to help reduce the risk of DNS tunnelling | CSO Online
Reports Published in the Last Week
Other News
MSI Confirms Cyber Attack, Issues Firmware Download Guidance - SecurityWeek
1M+ WordPress Sites Hacked via Zero-Day Plug-in Bugs (darkreading.com)
Western Digital restores service; attack details remain unclear | TechTarget
Rapid7 Has Good News for UK Security Posture - Infosecurity Magazine (infosecurity-magazine.com)
Sector Specific
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Contact us to receive tailored reports specific to the industry/sector and geographies you operate in.
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· Health/Medical/Pharma
· Hotels & Hospitality
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· OT, ICS, IIoT, SCADA & Cyber-Physical Systems
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As usual, contact us to help assess where your risks lie and to ensure you are doing all you can do to keep you and your business secure.
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Black Arrow Cyber Threat Briefing 31 March 2023
Black Arrow Cyber Threat Briefing 31 March 2023:
-Phishing Emails Up a Whopping 569% in 2022
-The End User Password Mistakes Putting Your Organisation at Risk
-Millions of Penetration Tests Show Companies’ Security Postures are Getting Worse
-71% of Employees Keep Work Passwords on Personal Devices
-Cyber Crime Frontlines in Russia-Ukraine War Move to Eastern and Northern Europe
-Security Flaws Cost Fifth of Executive’s Businesses
-Companies Struggle to Build and Run Effective Programs to Protect Data from Insider Threats
-Only 10% of Workers Remember All Their Cyber Security Training
-Silence Gets You Nowhere in a Data Breach
-Just 1% of Cloud Permissions are Actively Used
-Dangerous Misconceptions About Emerging Cyber Threats
-‘Grim’ Criminal Abuse of ChatGPT is Coming, Europol Warns
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
Phishing Emails Up a Whopping 569% in 2022
The volume of phishing emails sent in 2022 spiked by a jaw-dropping 569% according to a new report. Based on data from 35 million users, the report details the astronomical rise of email phishing as a tactic among threat actors in 2022. Key findings from the report include the number of credential phishing emails sent spiked by 478% and, for the eighth consecutive year, business email compromise (BEC) ranked as the top cyber crime.
https://www.darkreading.com/attacks-breaches/phishing-emails-up-whopping-569-percent-2022
The End User Password Mistakes Putting Your Organisation at Risk
Businesses rely on their end users, but those same users often don't follow the best security practices. Without the right password security policies, a single end user password mistake can be a costly breach of your organisation's defences. End users want to do their work quickly and efficiently, but sharing, reusing and weak passwords can put your organisation at risk so having the right policies in place is essential for security.
Millions of Penetration Tests Show Companies’ Security Postures are Getting Worse
The risk score for the average company worsened in the past year as companies fail to adapt to data exfiltration techniques and adequately protect web applications. Companies' effective data-exfiltration risk increased to 44 out of 100 (with 100 indicating the riskiest posture) in 2022, from an average score of 30 in the previous year, indicating that the overall risk of data being compromised has increased. That's according to rankings by Cymulate, who crunched data on 1.7 million hours of offensive cyber security testing. The research noted that while many companies are improving the adoption of strict network and group policies, attackers are adapting to sidestep such protections. They also found that four of the top-10 CVEs (known vulnerabilities) identified in customer environments were more than two years old.
https://www.darkreading.com/cloud/millions-pen-tests-companies-security-posture-getting-worse
71% of Employees Keep Work Passwords on Personal Devices
71% of employees store sensitive work passwords on their personal phones, and 66% use their personal texting apps for work, according to a new mobile bring your own device (BYOD) security report this week, with the report also suggesting 95% of security leaders are increasingly concerned about phishing attacks via private messaging apps. With the widespread use of personal mobile devices in the workplace, it is increasingly difficult for employers to ensure the security of sensitive information. The use of personal devices and personal apps was the direct cause of many high-profile corporate breaches and this is a trend that will surely continue, as employees often use corporate and personal devices for work, effectively doubling the attack surface for cyber criminals as threat actors know there are fewer security controls on personal mobile devices than on corporate ones.
https://www.infosecurity-magazine.com/news/70-employees-keep-work-passwords/
Cyber Frontlines in Russia-Ukraine War Move to Eastern and Northern Europe
More than a year into the war in Ukraine, hackers have extended the cyber battleground to Eastern and Northern Europe with the number of incidents in those geographies spiking noticeably. A new report shows that cyber warfare inside the conflict has “clearly moved on” from the beginnings of the war. Over the last 12 months, the research reports that the majority of incidents only affecting Ukraine in the first quarter of 2022 (50.4%) sank to 28.6% in the third period. But European Union countries have seen a spike in incidents related to the war in the past six months from 9.8% to 46.5%. Indeed, the number of attacks on EU countries in the third quarter of 2022 totalled just slightly less than those in the Ukraine. And, in the first quarter of this year, more than 80% of incidents occurred inside the European Union. Cyber is now a crucial weapon in the arsenal of new instruments of war, alongside disinformation, manipulation of public opinion, economic warfare, sabotage and guerrilla tactics. With the lateralisation of the conflict from Ukraine to the rest of Europe, Western Europe should be wary of possible attacks on critical infrastructure in the short term if the conflict continues to accelerate.
Security Flaws Cost Fifth of Executives New Business
Boards continue to under-appreciate the value of cyber security to the business, despite acknowledging its critical role in winning new business and talent, according to Trend Micro. The security giant polled 2,718 business decision makers globally to compile its Risky Rewards study and it found that half (51%) believe cyber security is a necessary cost but not a revenue contributor. 48% argue that its value is limited to threat prevention and two-fifths (38%) see security as a barrier rather than a business enabler. That’s despite a fifth (19%) acknowledging that poor security posture has already impacted their ability to win new business, and 57% thinking there is a strong connection between cyber and client acquisition.
https://www.infosecurity-magazine.com/news/fifth-execs-security-flaws-cost/
Companies Struggle to Build and Run Effective Programs to Protect Data from Insider Threats
Insider risk is emerging as one of the most challenging threats for organisations to detect, mitigate and manage, Code42 Software said in its annual Data Exposure Report for 2023. To compile data for the study they surveyed some 700 cyber security leaders, managers and practitioners and whilst more than 72% of companies indicated they have an insider risk management (IRM) program in place, the same companies experienced a year-over-year increase in data loss incidents of 32%. 71% of respondees expect data loss from insider events to increase in the next 12 months. Insider incidents are costing organisations $16 million per incident on average, and chief information security officers (CISOs) say that insider risks are the most challenging type of threat to detect. Data loss from insiders is not a new problem but it has become more complex with workforce turnover and cloud adoption.
Only 10% of Workers Remember All Their Cyber Security Training
New research has found that only 10% of workers remember all their cyber security training. Furthermore, only half of employees are undergoing regular training, and a quarter aren’t receiving any training at all. Organisations should look to carry out effective and regular training that is tailored to their employees to increase the chance of training content being retained, with a programme of ongoing continual reinforcement.
Silence Gets You Nowhere in a Data Breach
In cyber security, the phrase “what they don’t know won’t hurt them” is not only wrong, it’s dangerous. Despite this, it’s a motto that remains in many organisations’ PR playbooks, as demonstrated by the recent LastPass and Fortra data breaches. Smaller companies, too, are employing a silent-treatment approach to data breaches, and cyber attacks are now a fact of doing business with almost half of US organisations having suffered a cyber attack in 2022. Attackers are increasingly targeting smaller businesses due to the fact they are seen as easier targets than large companies.
https://techcrunch.com/2023/03/29/silence-gets-you-nowhere-in-a-data-breach/
Just 1% of Cloud Permissions are Actively Used
According to Microsoft, a surge in workload identities, super admins and “over-permissioning” is driving the increase in cyber risk for organisations. Just 1% of users are using the permissions granted to them for day-to-day work. Worryingly, this leaves a significant number of unnecessary permissions which could be used by an attacker to elevate their privileges.
https://www.infosecurity-magazine.com/news/just-1-of-cloud-permissions-used/
Dangerous Misconceptions About Emerging Cyber Threats
Organisations are leaving common attack paths exposed in their quest to combat emergent threats, according to a new report that delves into the efficacy of different security controls, the most concerning threats as tested by organisations worldwide, and top cyber security best practices for 2023. One of the key findings of the report is that many organisations are actively testing against threats seen in the news, likely from pressure to report on their exposure risk to emergent threats, and whilst this is good, it should not take away from assessing threats and exposures that are more likely actively targeting the business.
https://www.helpnetsecurity.com/2023/03/30/misconceptions-emerging-cyber-threats/
‘Grim’ Criminal Abuse of ChatGPT is Coming, Europol Warns
Europol has warned that criminals are set to take advantage of artificial intelligence to commit fraud and other crimes. Europol highlighted that ChatGPT could be used to speed up criminal research, impersonate speech styles for phishing and write code. Furthermore, despite ChatGPT having safeguards, Europol note that these can be circumvented.
https://www.securityweek.com/grim-criminal-abuse-of-chatgpt-is-coming-europol-warns/
Threats
Ransomware, Extortion and Destructive Attacks
Why CISOs Are Looking to Lateral Security to Mitigate Ransomware | CIO
Clop Keeps Racking Up Ransomware Victims With GoAnywhere Flaw (darkreading.com)
New IcedID malware variants shift from banking trojans to ransomware | SC Media (scmagazine.com)
Publicly disclosed US ransomware attacks in 2023 | TechTarget
Virgin Group added to Cl0p gang’s victim leak site | Cybernews
New York law firm coughs up $200k after hospital data stolen • The Register
Telecom giant Lumen suffered a ransomware attack-Security Affairs
Ransomware crooks are exploiting IBM file exchange bug with a 9.8 severity | Ars Technica
DarkBit puts data from Israel’s Technion university on sale | CSO Online
Crown Resorts investigating potential data breach after being contacted by hacking group - ABC News
Children’s data feared stolen in Fortra ransomware attack | TechCrunch
Phishing & Email Based Attacks
Phishing Emails Up a Whopping 569% in 2022 (darkreading.com)
IRS Phishing Emails Used to Distribute Emotet - Infosecurity Magazine (infosecurity-magazine.com)
These next-level phishing scams use PayPal or Google Docs to steal your data | TechRadar
Winter Vivern hackers exploit Zimbra flaw to steal NATO emails (bleepingcomputer.com)
BEC – Business Email Compromise
BEC scammers are after physical goods, the FBI warns - Help Net Security
Australian police arrest four BEC actors who stole $1.7 million (bleepingcomputer.com)
New BEC Tactics Enable Fake Asset Purchases - Infosecurity Magazine (infosecurity-magazine.com)
FBI: Business email compromise tactics used to defraud US vendors (bleepingcomputer.com)
Other Social Engineering; Smishing, Vishing, etc
2FA/MFA
Malware
New IcedID malware variants shift from banking trojans to ransomware | SC Media (scmagazine.com)
MacStealer macOS malware appears in cyber crime underground--Security Affairs
Cyber Scammers Using Decentralized File Distribution System to Spread Malware - MSSP Alert
Microsoft confirms Defender has gone rogue as it's flagging legit links as malware - Neowin
North Korean malware-spreading, crypto-stealing gang named • The Register
Malware disguised as Tor browser steals $400k in cryptocash • The Register
NullMixer Polymorphic Malware Variant Infects 8K Targets in Just a Month (darkreading.com)
Chinese Cyber spies Use 'Melofee' Linux Malware for Stealthy Attacks - SecurityWeek
Chinese RedGolf Group Targeting Windows and Linux Systems with KEYPLUG Backdoor (thehackernews.com)
Realtek and Cacti flaws now actively exploited by malware botnets (bleepingcomputer.com)
AlienFox malware caught in the cloud hen house • The Register
Microsoft OneNote will block 120 dangerous file extensions (bleepingcomputer.com)
IRS Phishing Emails Used to Distribute Emotet - Infosecurity Magazine (infosecurity-magazine.com)
Mobile
Android-based banking Trojan Nexus now available as malware-as-a-service | CSO Online
Inaudible ultrasound attack can stealthily control your phone, smart speaker (bleepingcomputer.com)
Russia’s Rostec allegedly can de-anonymize Telegram users (bleepingcomputer.com)
Android app from China executed 0-day exploit on millions of devices | Ars Technica
Google again accused of destroying evidence in Android case • The Register
Google finds more Android, iOS zero-days used to install spyware (bleepingcomputer.com)
Samsung keeps ignoring a huge security flaw in millions of Galaxy phones - SamMobile
iOS Vs. Android – Which Is The More Secure Platform? (informationsecuritybuzz.com)
Botnets
Denial of Service/DoS/DDOS
Internet of Things – IoT
Inaudible ultrasound attack can stealthily control your phone, smart speaker (bleepingcomputer.com)
This devious cyber attack can target all your smart speakers without you realizing | TechRadar
Gone in 120 seconds: Tesla Model 3 child's play for hackers • The Register
Data Breaches/Leaks
Fortra told breached companies their data was safe | TechCrunch
Procter & Gamble confirms data theft via GoAnywhere zero-day (bleepingcomputer.com)
New York law firm coughs up $200k after hospital data stolen • The Register
Toyota scrambles to patch customer data leak-Security Affairs
500k Impacted by Data Breach at Debt Buyer NCB - SecurityWeek
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Malware disguised as Tor browser steals $400k in cryptocash • The Register
NullMixer Polymorphic Malware Variant Infects 8K Targets in Just a Month (darkreading.com)
Insider Risk and Insider Threats
Only 10% of workers remember all their cyber security training - IT Security Guru
Data loss from insider events increase despite IRM programs, says study | CSO Online
Stop Blaming the End User for Security Risk (darkreading.com)
Fraud, Scams & Financial Crime
Visa fraud expert outlines the many faces of payment ecosystem fraud - Help Net Security
Cyber Scammers Using Decentralized File Distribution System to Spread Malware - MSSP Alert
Deepfakes
AML/CFT/Sanctions
Insurance
Beazley working on standalone cyber war product in market first (insuranceinsider.com)
Organisations Reassess Cyber Insurance as Self-Insurance Strategies Emerge (darkreading.com)
Supply Chain and Third Parties
Hackers compromise 3CX desktop app in a supply chain attack (bleepingcomputer.com)
Winter Vivern hackers exploit Zimbra flaw to steal NATO emails (bleepingcomputer.com)
Cloud/SaaS
Just 1% of Cloud Permissions Are Actively Used - Infosecurity Magazine (infosecurity-magazine.com)
Where SSO Falls Short in Protecting SaaS (thehackernews.com)
CISA Releases Hunt Tool for Microsoft's Cloud Services (darkreading.com)
Balancing security risks and innovation potential of shadow IT teams - Help Net Security
AlienFox malware caught in the cloud hen house • The Register
Hybrid/Remote Working
Cyber security focus in second Digital Europe work programme – EURACTIV.com
More companies are watching their remote workers WFH on camera | Fortune
Shadow IT
Identity and Access Management
Encryption
API
Passwords, Credential Stuffing & Brute Force Attacks
The End-User Password Mistakes Putting Your Organisation at Risk (bleepingcomputer.com)
New Research Examines Traffers and the Business of Stolen Credentials - IT Security Guru
Social Media
Training, Education and Awareness
The era of passive cyber security awareness training is over - Help Net Security
Only 10% of workers remember all their cyber security training - IT Security Guru
Parental Controls and Child Safety
Regulations, Fines and Legislation
Governance, Risk and Compliance
Beazley working on standalone cyber war product in market first (insuranceinsider.com)
Cyber security vs. Everyone: From Conflict to Collaboration (darkreading.com)
Using Observability to Power a Smarter Cyber security Strategy (darkreading.com)
How cyber security decision-makers perceive cyber resilience - Help Net Security
NCSC issues revised security Board Toolkit for business leaders | Computer Weekly
The CISO Mantra: Get Ready to Do More With Less (darkreading.com)
Models, Frameworks and Standards
Backup and Recovery
Law Enforcement Action and Take Downs
FBI confirms access to Breached cyber crime forum database (bleepingcomputer.com)
UK creates fake DDoS-for-hire sites to identify cyber criminals (bleepingcomputer.com)
Australian police arrest four BEC actors who stole $1.7 million (bleepingcomputer.com)
20-Year-Old BreachForums Founder Faces Up to 5 Years in Prison (thehackernews.com)
Privacy, Surveillance and Mass Monitoring
UK Introduces Mass Surveillance With Online Safety Bill - SecurityWeek
FBI Spent Tens of Thousands of Dollars on Bulk Data Collection (gizmodo.com)
Clearview AI used nearly 1m times by US police, it tells the BBC - BBC News
More companies are watching their remote workers WFH on camera | Fortune
Artificial Intelligence
'Grim' Criminal Abuse of ChatGPT is Coming, Europol Warns - SecurityWeek
In Sudden Alarm, Tech Doyens Call for a Pause on ChatGPT | WIRED
Musk, Scientists Call for Halt to AI Race Sparked by ChatGPT - SecurityWeek
AI-fuelled search gives more power to the bad guys | CSO Online
Hacker demonstrates security flaws in GPT-4 just one day after launch | VentureBeat
Godfather of AI Says There's a Minor Risk It'll Eliminate Humanity (futurism.com)
Clearview AI used nearly 1m times by US police, it tells the BBC - BBC News
AI has figured out how to draw deepfake hands | The Independent
Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine
Putin and Xi’s plot to control the internet will leave the West in the dust (telegraph.co.uk)
In A Surprise, China-Linked TikTok Grabs Power Norway Needs To Make Ammo (forbes.com)
Cyber crime Front Lines in Russia-Ukraine War Move to Eastern and Northern Europe - MSSP Alert
Beazley working on standalone cyber war product in market first (insuranceinsider.com)
'Bitter' espionage hackers target Chinese nuclear energy orgs (bleepingcomputer.com)
Earth Preta’s Cyber Espionage Campaign Hits Over 200 (trendmicro.com)
Biden White House Issues Executive Order on Commercial Spyware (gizmodo.com)
North Korean APT43 Group Uses Cybercrime to Fund Espionage Operations (thehackernews.com)
Google finds more Android, iOS zero-days used to install spyware (bleepingcomputer.com)
Over 200 Organisations Targeted in Chinese Cyber Espionage Campaign - SecurityWeek
Google: Commercial Spyware Used by Governments Laden With Zero-Day Exploits (darkreading.com)
Chinese Cyber spies Use 'Melofee' Linux Malware for Stealthy Attacks - SecurityWeek
Chinese RedGolf Group Targeting Windows and Linux Systems with KEYPLUG Backdoor (thehackernews.com)
Pro-Russian hackers target elected US officials supporting Ukraine | Ars Technica
Russian spies more effective than army, say experts - BBC News
Cyber warfare leaks show Russian army is adopting mindset of secret police | Cyberwar | The Guardian
Nation State Actors
Uncle Sam sent cyber-soldiers to Albania to combat Iran • The Register
Russia’s Rostec allegedly can de-anonymize Telegram users (bleepingcomputer.com)
Android app from China executed 0-day exploit on millions of devices | Ars Technica
China urges Apple to improve security and privacy • The Register
North Korean malware-spreading, crypto-stealing gang named • The Register
Chinese RedGolf Group Targeting Windows and Linux Systems with KEYPLUG Backdoor (thehackernews.com)
Vulnerability Management
What you need before the next vulnerability hits - Help Net Security
Vulnerability management vs. risk management, compared | TechTarget
Most Weaponized Vulnerabilities of 2022 and 5 Key Risks: Report - SecurityWeek
Microsoft shares tips on detecting Outlook zero-day exploitation (bleepingcomputer.com)
Ignoring network automation is a ticking time bomb for security - Help Net Security
Vulnerabilities
Microsoft: No-Interaction Outlook Zero Day Exploited Since Last April - SecurityWeek
Microsoft shares tips on detecting Outlook zero-day exploitation (bleepingcomputer.com)
Apple patches everything, including a zero-day fix for iOS 15 users – Naked Security (sophos.com)
QNAP fixed Sudo privilege escalation bug in NAS devices-Security Affairs
Patch Now: Cyber criminals Set Sights on Critical IBM File Transfer Bug (darkreading.com)
Super FabriXss flaw in Microsoft Azure SFX could lead to RCE-Security Affairs
OpenAI quickly fixed account takeover bugs in ChatGPT-Security Affairs
Tools and Controls
Even with defence tools, CISOs say cyber attacks are ‘inevitable’ (techrepublic.com)
The era of passive cyber security awareness training is over - Help Net Security
Only 10% of workers remember all their cyber security training - IT Security Guru
Prioritizing data security amid workforce disruptions - Help Net Security
Using Observability to Power a Smarter Cyber security Strategy (darkreading.com)
For database security it's down to people, not tech fixes • The Register
Known unknowns: Refining your approach to uncategorized web traffic - Help Net Security
Understanding adversaries through dark web intelligence - Help Net Security
Where SSO Falls Short in Protecting SaaS (thehackernews.com)
How Does Data Literacy Enhance Data Security? (darkreading.com)
CISA Releases Hunt Tool for Microsoft's Cloud Services (darkreading.com)
With Security Copilot, Microsoft brings the power of AI to cyber defence - Stories
Compare breach and attack simulation vs. penetration testing | TechTarget
Ignoring network automation is a ticking time bomb for security - Help Net Security
Microsoft's ‘Security Copilot’ Sics ChatGPT on Security Breaches | WIRED
Breaking the Mold: Pen Testing Solutions That Challenge the Status Quo (thehackernews.com)
Diagnose your SME’s Cyber security and Scan for Recommendations — ENISA (europa.eu)
Protect your entire business with the right authentication method - Help Net Security
Microsoft Defender is flagging legit URLs as malicious • The Register
Managing security in the cloud through Microsoft Intune | CSO Online
Top 5 SD-WAN Challenges and How to Prepare for Them | TechTarget
Organisations Reassess Cyber Insurance as Self-Insurance Strategies Emerge (darkreading.com)
The best defence against cyber threats for lean security teams - Help Net Security
Overcoming obstacles to introduce zero-trust security in established systems - Help Net Security
The foundation of a holistic identity security strategy - Help Net Security
The CISO Mantra: Get Ready to Do More With Less (darkreading.com)
Other News
Hackers changed tactics, went cross-platform in 2022, says Trend Micro | CSO Online
WiFi protocol flaw allows attackers to hijack network traffic (bleepingcomputer.com)
Microsoft OneNote will block 120 dangerous file extensions (bleepingcomputer.com)
How CISOs Can Reduce the Danger of Using Data Brokers (darkreading.com)
How Does Data Literacy Enhance Data Security? (darkreading.com)
Microsoft uses carrot and stick with Exchange Online admins • The Register
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.
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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.
Top Cyber Stories of the Last Week
Majority of SMBs Lack Dedicated Cyber Experts and Cyber Incident Response Plans
A recent report conducted by security provider Huntress found some worrying results regarding SMBs lack of dedicated cyber experts and lack of cyber incident response plans. Some of the reports key findings were 24% of SMBs suffering a cyber attack or unsure if they had suffered a cyber attack in the last 12 months, 61% of SMBs not having a dedicated cyber security expert and 47% having no incident response plan. The report found that SMBs struggled to implement basic training and only 9% of employees adhered to security best practices, potentially due to the previously mentioned training struggles. The report highlights a clear need for SMBs to increase their cyber resilience and conduct effective user education and awareness training.
Controlling Third-Party Data Risk Should be a Top Cyber Security Priority
Nearly 60% of all data breaches are initiated via third-party vendors and this is often hard to detect. The ever-increasing use of third party services has led to the average organisation sharing sensitive data with 583 third parties, a worrying number of attack vectors. Due to the impact a third party breach can have on an organisation it is imperative that organisations assess and risk manage their supply chains to increase the organisations cyber resilience.
IT Security Spending to Reach Nearly $300 Billion by 2026
Worldwide spending on security is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022. This figure is expected to continually rise, reaching nearly $300 billion by 2026. In Europe, it is predicted that the biggest portion of spending will still be represented by services, which will be increasingly leveraged by organisations with limited cyber security experience. Additionally the finance sector, which will have to constantly ensure regulatory adherence, is predicted to be the largest spending sector. Organisations should perform due diligence and ensure that they are using reputable services.
https://www.helpnetsecurity.com/2023/03/20/it-security-spending-2026/
2023 Cyber Security Maturity Report Reveals Organisational Unpreparedness for Cyber Attacks
In 2022 alone cyber attacks increased by 38%, highlighting the need for organisations to have a high level of cyber maturity; despite this, a recent cyber security maturity report ranked UK organisations as 12th globally. Some of the findings from the report included that 32% of organisations were found to have weak passwords and 23% had weak authentication systems.
https://thehackernews.com/2023/03/2023-cybersecurity-maturity-report.html
Board Cyber Shortage: Don’t Get Caught Swimming Naked
The Securities and Exchange Commission recently released their rules on cyber security risk management, strategy governance and incident disclosure by public companies. As part of the rules, the public disclosure of board directors’ cyber risk biographies is mandated. Worryingly, recent research has found that there is a drastic gap in cyber expertise at the board director level, with 90% of companies not having a single director with cyber security expertise. Board directors are able to address this issue by retaining outside expert advisors, upskilling board members or hiring new cyber security board directors.
Should your Organisation be Worried about Insider Threats?
Cyber crime is predicted to reach $10.5 trillion worth, making it a lucrative business venture for opportunist criminals. One of the threats companies face is insider threat; this is where the threat comes from within the organisation. Insider threat can include third-party vendors, business partners and others with access to an organisations systems and networks. The threat an insider poses is commonly thought of as malicious but it can also be negligent, where insiders haven’t received proper user education and awareness training. Worryingly, insider threat is rising and research has shown a significant amount of under-reporting; over 70% of insider attacks never reach the headlines. As such, it is difficult for organisations to gauge the risk of insider threats.
https://www.itsecurityguru.org/2023/03/17/should-your-organization-be-worried-about-insider-threats/
UK Ransomware Incident Volumes Surge 17% in 2022
According to recent research, attacker-reported ransomware incidents increased by 17% annually in the UK last year and 2023 is showing signs of a continual rise. With this continual rise, it is important for organisations to assess and build upon their cyber resilience.
https://www.infosecurity-magazine.com/news/uk-ransomware-incident-surge-17/
Financial Industry Hit by Rising Ransomware Attacks and BEC
According to a recent report by the Financial Services Information Sharing and Analysis Center (FS-ISAC) ransomware remained the biggest concern for the financial industry with an increase in attacks due to ransomware-as-a-service. Furthermore, FS-ISAC found a 300% increase in the number of business email compromise attacks from 2021 to 2022. Artificial intelligence was identified as an upcoming area of concern due to its ability to obfuscate detection.
55 zero-day Flaws Exploited Last Year Show the Importance of Security Risk Management
According to a report from intelligence provider Mandiant 55 zero-days were exploited in 2022 and 13 of those were used in cyber espionage attacks. Of the espionage attacks, 7 related to Chinese threat actors and 2 related to Russian threat actors. The report found that effective security management and patching remained the best protections for organisations.
Security Researchers Spot $36m BEC Attack
Security experts recently identified a single business email compromise attack which amounted to $36.4m. The attack in question contained an invoice, payment instructions, a forged letterhead and even cc’d a legitimate and well known company. The attacker also changed “.com” to “.cam” to imitate a domain. The total cost of BEC based on reported incidents is around $2.7 billion and this is excluding unreported incidents. Organisations should ensure that staff are adequately trained in identifying and reporting such attacks.
https://www.infosecurity-magazine.com/news/security-researchers-spot-36m-bec/
New Victims Come Forward After Mass Ransomware Attack
Russia-linked Ransomware gang “Clop” has claimed a mass hack of 130 organisations via the vendor GoAnywhere, with more victims coming forward. Clop adds names of victims to its dark web site, which is used to extort companies further by threatening to publish the stolen files unless a ransom is paid.
https://techcrunch.com/2023/03/22/fortra-goanywhere-ransomware-attack/
Ransomware Gangs’ Harassment of Victims is Increasing
Analysis by Palo Alto Networks found that harassment was a factor in 20% of ransomware cases, a significant jump from less than 1% in mid 2021. The harassment campaign by threat attackers is intended to make sure that ransom payments are met. This adds to the stress that organisations already face with ransomware incidents.
https://www.techrepublic.com/article/ransomware-gangs-harassment-victims-increasing/
Wartime Hacktivism is Spilling Over into the Financial Services Industry
The Financial Services Information Sharing and Analysis Center (FS-ISAC) has identified that financial firms in countries that Russia considers hostile have been singled out for attacks and these attacks are going to continue if the Russia and Ukraine war persists.
Threats
Ransomware, Extortion and Destructive Attacks
LockBit 3.0 Ransomware: Inside the Cyberthreat That's Costing Millions (thehackernews.com)
UK Ransomware Incident Volumes Surge 17% in 2022 - Infosecurity Magazine (infosecurity-magazine.com)
Banks, Financial Sector Hit By Rising Ransomware Attacks - Bloomberg
BianLian ransomware crew swaps encryption for extortion • The Register
New victims come forward after mass-ransomware attack | TechCrunch
Ransomware Gangs' Harassment of Victims Is Increasing (techrepublic.com)
LockBit ransomware gang now also claims City of Oakland breach (bleepingcomputer.com)
Free decryptor released for Conti-based ransomware following data leak | Tripwire
New 'Trigona' Ransomware Targets US, Europe, Australia - SecurityWeek
Ransomware Strongly Influencing SOC Modernization Strategies, Cybereason Research Shows - MSSP Alert
US govt agencies released an alert on the Lockbit 3.0 ransomware- Security Affairs
Security News This Week: Ring Is in a Standoff With Hackers | WIRED UK
CISA kicks off ransomware vulnerability pilot to help spot ransomware-exploitable flaws | CSO Online
Clop ransomware claims Saks Fifth Avenue, retailer says mock data stolen (bleepingcomputer.com)
Researchers Shed Light on CatB Ransomware's Evasion Techniques (thehackernews.com)
Why CISOs Are Looking to Lateral Security to Mitigate Ransomware | CIO
Dole discloses employee data breach after ransomware attack (bleepingcomputer.com)
Prevent Ransomware with Cyber security Monitoring (trendmicro.com)
Ferrari in a spin as crims steal customer data • The Register
Play ransomware gang hit Dutch shipping firm Royal Dirkzwager- Security Affairs
Hitachi Energy confirms data breach after Clop GoAnywhere attacks (bleepingcomputer.com)
City of Toronto confirms data theft, Clop claims responsibility (bleepingcomputer.com)
Phishing & Email Based Attacks
BEC – Business Email Compromise
Other Social Engineering; Smishing, Vishing, etc
2FA/MFA
Malware
Emotet malware now distributed in Microsoft OneNote files to evade defences (bleepingcomputer.com)
ChatGPT Polymorphic Malware Bypasses Endpoint Detection Filters (cybersecuritynews.com)
RAT developer arrested for infecting 10,000 PCs with malware (bleepingcomputer.com)
Google flags apps made by popular Chinese e-commerce giant as malware | TechCrunch
Mispadu Banking Trojan Targets Latin America: 90,000+ Credentials Stolen (thehackernews.com)
Custom 'Naplistener' Malware a Nightmare for Network-Based Detection (darkreading.com)
New ShellBot DDoS Malware Variants Targeting Poorly Managed Linux Servers (thehackernews.com)
Python info-stealing malware uses Unicode to evade detection (bleepingcomputer.com)
Mobile
Nexus: A New Rising Android Banking Trojan Targeting 450 Financial Apps (thehackernews.com)
The FBI Warns SIM Swapping Attacks Are Rising. What's That? - ReHack
Android apps are spying on you — with no easy way to stop them | Digital Trends
Your Samsung phone may have a big security flaw – here's how to stay safe | TechRadar
How to keep your phone safe from the scary Exynos modem vulnerability (androidpolice.com)
Botnets
Denial of Service/DoS/DDOS
New ‘HinataBot’ botnet could launch massive 3.3 Tbps DDoS attacks (bleepingcomputer.com)
Mirai Hackers Use Golang to Create a Bigger, Badder DDoS Botnet (darkreading.com)
New ShellBot DDoS Malware Variants Targeting Poorly Managed Linux Servers (thehackernews.com)
Internet of Things – IoT
Eufy security cam 'stored unique ID' of everyone filmed • The Register
Google sounds alarm on Samsung modem bugs in Android devices • The Register
EU Council extends product lifetime, clarifies scope in cyber security law – EURACTIV.com
Tesco to ditch Chinese-made CCTV cameras over security and human rights fears (telegraph.co.uk)
Data Breaches/Leaks
Complacency of staff to blame for data breaches (thesundaily.my)
Hitachi Energy confirms data breach after Clop GoAnywhere attacks (bleepingcomputer.com)
Data breaches cost businesses nearly $6M on average: Mastercard | CTV News
Healthcare provider ILS warns 4.2 million people of data breach (bleepingcomputer.com)
NBA is warning fans of a data breach after a third-party newsletter service hack- Security Affairs
Lowe’s Market chain leaves client data up for grabs- Security Affairs
Ferrari discloses data breach after receiving ransom demand (bleepingcomputer.com)
South Korea fines McDonalds for data leak from raw SMB share • The Register
A million at risk from user data leak at Korean beauty platform PowderRoom- Security Affairs
Organised Crime & Criminal Actors
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Fireblocks Discloses Critical Vulnerability in BitGo Ethereum Wallets - Decrypt
General Bytes Bitcoin ATMs hacked using zero-day, $1.5M stolen (bleepingcomputer.com)
Linus Tech Tips' YouTube Channel has been hacked by Crypto Scammers | OC3D News (overclock3d.net)
Insider Risk and Insider Threats
Should Your Organisation Be Worried About Insider Threats? - IT Security Guru
Top 5 Insider Threats to Look Out For in 2023- Security Affairs
Preventing Insider Threats in Your Active Directory (thehackernews.com)
Fraud, Scams & Financial Crime
Detecting face morphing: A simple guide to countering complex identity fraud - Help Net Security
‘My bank did not stop £6,500 payment to holiday scammers despite my pleas’ | Scams | The Guardian
The FBI Warns SIM Swapping Attacks Are Rising. What's That? - ReHack
Hackers inject credit card stealers into payment processing modules (bleepingcomputer.com)
Deepfakes
Insurance
SMBs don't see need for cyber insurance since they won't experience security incidents | ZDNET
Cyber insurance carriers expanding role in incident response | TechTarget
Supply Chain and Third Parties
Controlling Third-Party Data Risk Should Be a Top Cyber security Priority (darkreading.com)
Companies vulnerable to cyber-attack via suppliers - research | RNZ News
Why you should treat ChatGPT like any other vendor service - Help Net Security
MITRE Rolls Out Supply Chain Security Prototype (darkreading.com)
Software Supply Chain
Cloud/SaaS
How access management helps protect identities in the cloud | VentureBeat
Bitcoin ATM maker shuts cloud service after user hot wallets compromised (cointelegraph.com)
The cloud backlash has begun: Why big data is pulling compute back on premises | TechCrunch
Shouldering the Increasingly Heavy Cloud Shared-Responsibility Model (darkreading.com)
The hidden danger to zero trust: Excessive cloud permissions • Graham Cluley
New CISA tool detects hacking activity in Microsoft cloud services (bleepingcomputer.com)
4 Tips for Better AWS Cloud Workload Security (trendmicro.com)
Hybrid/Remote Working
Identity and Access Management
How access management helps protect identities in the cloud | VentureBeat
The impact of AI on the future of ID verification - Help Net Security
Preventing Insider Threats in Your Active Directory (thehackernews.com)
CISA, NSA push identity and access management framework as risks grow | SC Media (scmagazine.com)
API
Open Source
New ShellBot DDoS Malware Variants Targeting Poorly Managed Linux Servers (thehackernews.com)
Open Source Vulnerabilities Still Pose a Big Challenge for Security Teams (darkreading.com)
Passwords, Credential Stuffing & Brute Force Attacks
Social Media
BBC presses staff to uninstall TikTok from corporate kit • The Register
TikTok cannot be considered a private company: report • The Register
Five brutal hours for TikTok: CEO raked over coals amid privacy, security concerns | CyberScoop
Linus Tech Tips' YouTube Channel has been hacked by Crypto Scammers | OC3D News (overclock3d.net)
Training, Education and Awareness
Regulations, Fines and Legislation
Board Cyber Shortage: Don’t Get Caught Swimming Naked (forbes.com)
EU Council extends product lifetime, clarifies scope in cyber security law – EURACTIV.com
India’s infosec reporting rules observed by just 15 orgs • The Register
Why Organisations Need To Go Beyond Federal Cyber security Compliance Standards (forbes.com)
Governance, Risk and Compliance
How CISOs Can Work With the CFO to Get the Best Security Budget (darkreading.com)
How to best allocate IT and cyber security budgets in 2023 - Help Net Security
IT security spending to reach nearly $300 billion by 2026 - Help Net Security
Board Cyber Shortage: Don’t Get Caught Swimming Naked (forbes.com)
How Your Cyber security Strategy Enables Better Business (trendmicro.com)
55 zero-day flaws exploited last year show the importance of security risk management | CSO Online
How Can CISOs Connect With the Board of Directors? (darkreading.com)
Achieving The Five Levels Of Information Security Governance (forbes.com)
Enhance security while lowering IT overhead in times of recession - Help Net Security
Why organisations shouldn't fold to cyber criminal requests - Help Net Security
Models, Frameworks and Standards
Meta Proposes Revamped Approach to Online Kill Chain Frameworks (darkreading.com)
MITRE Rolls Out Supply Chain Security Prototype (darkreading.com)
Backup and Recovery
Data backup, security alerts, and encryption viewed as top security features - Help Net Security
Top 5 security risks for enterprise storage, backup devices - Help Net Security
Data Protection
Careers, Working in Cyber and Information Security
Law Enforcement Action and Take Downs
RAT developer arrested for infecting 10,000 PCs with malware (bleepingcomputer.com)
New York Man Arrested for Running BreachForums Cyber crime Website - SecurityWeek
Privacy, Surveillance and Mass Monitoring
Eufy security cam 'stored unique ID' of everyone filmed • The Register
Use of Meta tracking tools found to breach EU rules on data transfers | TechCrunch
How to protect online privacy in the age of pixel trackers - Help Net Security
Windows 11 Snipping Tool privacy bug exposes cropped image content (bleepingcomputer.com)
French govt clears AI facial scans for Paris Olympics • The Register
Artificial Intelligence
EU's AI regulation vote looms. We’re still not sure how unrestrained AI should be | Euronews
ChatGPT Leaves Governments Scrambling for AI Regulations - Bloomberg
ChatGPT Polymorphic Malware Bypasses Endpoint Detection Filters (cybersecuritynews.com)
Detecting face morphing: A simple guide to countering complex identity fraud - Help Net Security
We need to create guardrails for AI | Financial Times (ft.com)
GPT-4 devises plan to ‘escape’ by gaining control of a user's computer | Mint (livemint.com)
Mastercard strengthens customer security with new AI ‘Cyber Shield’ | Mastercard Newsroom
The impact of AI on the future of ID verification - Help Net Security
7 guidelines for identifying and mitigating AI-enabled phishing campaigns | CSO Online
Why you should treat ChatGPT like any other vendor service - Help Net Security
Mozilla launches a new startup focused on ‘trustworthy’ AI | TechCrunch
French govt clears AI facial scans for Paris Olympics • The Register
Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine
New Espionage Group 'YoroTrooper' Targeting Entities in European, CIS Countries - SecurityWeek
Palantir: NHS trusts ordered to share patient data with US ‘spy-tech’ firm | openDemocracy
Tesco to ditch Chinese-made CCTV cameras over security and human rights fears (telegraph.co.uk)
Purported Chinese warships interfering with passenger planes • The Register
Putin to staffers: throw out your iPhones over security • The Register
Russia-backed Iridium Hackers Set to Launch Attacks on Ukrainian Government Sites - MSSP Alert
Facebook Security Exec Seaford Hacked by Greek Predator Spyware (gizmodo.com)
BBC presses staff to uninstall TikTok from corporate kit • The Register
New 'Bad Magic' Cyber Threat Disrupt Ukraine's Key Sectors Amid War (thehackernews.com)
Hacker tied to DC Health Link breach says attack 'born out of Russian patriotism' | CyberScoop
Unknown actors target orgs in Russia-occupied Ukraine • The Register
Xi, Putin, declare intent to rule the world of AI, infosec • The Register
North Korean hackers using Chrome extensions to steal Gmail emails (bleepingcomputer.com)
Stealthy hacks show advancements in China's cyberespionage operations, researchers say | CyberScoop
Nation State Actors
New Espionage Group 'YoroTrooper' Targeting Entities in European, CIS Countries - SecurityWeek
Huawei Has Replaced Thousands of US-Banned Parts With Chinese Versions: Founder - SecurityWeek
Tesco to ditch Chinese-made CCTV cameras over security and human rights fears (telegraph.co.uk)
Purported Chinese warships interfering with passenger planes • The Register
TikTok cannot be considered a private company: report • The Register
Five brutal hours for TikTok: CEO raked over coals amid privacy, security concerns | CyberScoop
BBC presses staff to uninstall TikTok from corporate kit • The Register
Google flags apps made by popular Chinese e-commerce giant as malware | TechCrunch
Putin to staffers: throw out your iPhones over security • The Register
Russia-backed Iridium Hackers Set to Launch Attacks on Ukrainian Government Sites - MSSP Alert
New 'Bad Magic' Cyber Threat Disrupt Ukraine's Key Sectors Amid War (thehackernews.com)
Hacker tied to D.C. Health Link breach says attack 'born out of Russian patriotism' | CyberScoop
Unknown actors target orgs in Russia-occupied Ukraine • The Register
Xi, Putin, declare intent to rule the world of AI, infosec • The Register
The pressing threat of Chinese-made drones flying above US critical infrastructure | CyberScoop
Stealthy hacks show advancements in China's cyberespionage operations, researchers say | CyberScoop
Russian hacktivists deploy new AresLoader malware via decoy installers | CSO Online
Vulnerability Management
55 zero-day flaws exploited last year show the importance of security risk management | CSO Online
Hackers mostly targeted Microsoft, Google, Apple zero-days in 2022 (bleepingcomputer.com)
Move, Patch, Get Out the Way: 2022 Zero-Day Exploitation Continues at an Elevated Pace | Mandiant
10 Vulnerabilities Types to Focus On This Year (darkreading.com)
Windows 11, Tesla, Ubuntu, and macOS hacked at Pwn2Own 2023 (bleepingcomputer.com)
Top 5 security risks for enterprise storage, backup devices - Help Net Security
Open Source Vulnerabilities Still Pose a Big Challenge for Security Teams (darkreading.com)
Vulnerabilities
Microsoft Outlook Vulnerability Could Be 2023's 'It' Bug (darkreading.com)
CVE-2023-23397 Outlook exploit: "A proliferation event" (thestack.technology)
Patch CVE-2023-23397 Immediately: What You Need To Know and Do (trendmicro.com)
Cisco fixed severe vulnerabilities in its IOS and IOS XE software- Security Affairs
Exploit released for Veeam bug allowing cleartext credential theft (bleepingcomputer.com)
Experts published PoC exploit code for Veeam Backup & Replication bug- Security Affairs
WordPress force patching WooCommerce plugin with 500K installs (bleepingcomputer.com)
Windows 11 bug warns Local Security Authority protection is off (bleepingcomputer.com)
Bitwarden addresses autofill issue that could be exploited to steal logins - gHacks Tech News
Hackers mostly targeted Microsoft, Google, Apple zero-days in 2022 (bleepingcomputer.com)
Microsoft’s blunders with new Windows 10 update are causing serious headaches | TechRadar
Microsoft: Defender update behind Windows LSA protection warnings (bleepingcomputer.com)
ZenGo uncovers 'red pill attack' vulnerability in popular Web3 apps (cointelegraph.com)
Windows 11 Snipping Tool privacy bug exposes cropped image content (bleepingcomputer.com)
If your Netgear Orbi router isn’t patched, you’ll want to change that pronto | Ars Technica
Attackers Are Probing for Zero-Day Vulns in Edge Infrastructure Products (darkreading.com)
Tools and Controls
Data backup, security alerts, and encryption viewed as top security features - Help Net Security
Majority of SMBs Lack Dedicated Cyber Experts, Incident Response Plan - MSSP Alert
55 zero-day flaws exploited last year show the importance of security risk management | CSO Online
Complacency of staff to blame for data breaches (thesundaily.my)
How access management helps protect identities in the cloud | VentureBeat
Why CISOs Should Prioritize Extended Detection & Response (XDR) - VMware Security Blog - VMware
The Ethics of Network and Security Monitoring (darkreading.com)
Fighting VPN criminalization should be Big Tech’s top priority, activists say | Ars Technica
How network perimeters secure enterprise networks | TechTarget
Top 5 security risks for enterprise storage, backup devices - Help Net Security
Other News
Web Fingerprinting gets frighteningly good: sees through VPNs and Incognito Mode - gHacks Tech News
Journalist plugs in unknown USB drive mailed to him—it exploded in his face | Ars Technica
What Is Shoulder Surfing? How Does It Affect Cyber security (informationsecuritybuzz.com)
Inside the DEA Tool Hackers Allegedly Used to Extort Targets (vice.com)
Top ways attackers are targeting your endpoints - Help Net Security
What Is a Dirty IP Address and How Does It Affect Your Security? (makeuseof.com)
Techno-nationalism explained: What you need to know (techtarget.com)
How Emerging Trends in Virtual Reality Impact Cyber security - IT Security Guru
Pipeline Cyber security Rules Show the Need for Public-Private Partnerships (darkreading.com)
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.
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Black Arrow Cyber Threat Briefing 17 March 2023
Black Arrow Cyber Threat Briefing 17 March 2023:
-Almost Half of IT Leaders Consider Security as an Afterthought
-Over $10bn Lost To Online Frauds, with Pig Butchering and Investment Scams Accounting for $3B, Overtaking BEC – FBI Report Says
-Over 721 Million Passwords Were Leaked in 2022
-How Much of a Cyber Security Risk are Suppliers?
-90% of £5m+ Businesses Hit by Cyber Attacks
-Rushed Cloud Migrations Result in Escalating Technical Debt
-17 European Nations Targeted by Russia in 2023 as Espionage Ramping Up
-Microsoft Warns of Large-Scale Use of Phishing Kits
-BEC Volumes Double on Phishing Surge
-The Risk of Pasting Confidential Company Data in ChatGPT
-Ransomware Attacks have Entered a New Phase
-MI5 Launches New Agency to Tackle State-Backed Attacks
-Why Cyber Awareness Training is an Ongoing Process
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
Almost Half of IT Leaders Consider Security as an Afterthought
A recent industry report found that security is an afterthought for almost half of UK IT leaders, despite 92% of respondents agreeing that security risks had risen in the last five years. Additionally, 48% of respondents felt that the rapid development of new tools had caused challenges around security. The concept of security as an afterthought is worrying when considering that 39% of UK businesses identified a cyber attack within the past 12 months.
Over $10bn Lost to Online Frauds, with Pig Butchering and Investment Scams Accounting for $3B, Overtaking BEC – FBI Report Says
According to the latest FBI crime report pig butchering now accounts for $3 billion of the $10 billion total lost to online fraud. Pig butchering is a rising investment scam that uses the promise of romance and the lure of making easy cryptocurrency profit against its unsuspecting targets. The concept of pig butchering is to “fatten up” the victim, with small returns on cryptocurrency and personal interactions, often with an element of romance; eventually, the victim is lured into making a larger investment with the scammer. In addition to pig butchering, other investment scams are growing in provenance and are set to overtake Business Email Compromise (BEC) as a major earner for cyber criminals.
Over 721 Million Passwords were Leaked in 2022
A report published this week discovered 721.5 million exposed credentials online in 2022. Additionally, the report identified 72% of users reusing previously compromised passwords. The study also uncovered 8.6 billion personally identifiable information assets, including 67 million credit card numbers which were publicly available.
https://www.neowin.net/news/study-over-721-million-passwords-were-leaked-in-2022/
How Much of a Cyber Security Risk are Suppliers?
When your business is digitally connected to a service provider, you need to understand how a cyber security attack on their business can affect yours. You can have all the right measures in place to manage your own cyber risks, but this doesn’t matter if there are undiscovered vulnerabilities in your supply chain. Organisations need to audit the cyber security of suppliers at several stages of their relationship; you may benefit from specialist cyber security support if you can’t do this in-house. Ask hard questions and consider advising your suppliers that if their cyber security is not enough then you may take your business elsewhere. Many businesses now require suppliers to be certified to schemes such as ISO 27001; demonstrating your security posture to your customers is an important ticket to trade.
https://www.thetimes.co.uk/article/how-much-of-a-cybersecurity-risk-are-my-suppliers-mqbwcf7p2
90% of £5m+ Businesses Hit by Cyber Attacks
A study from Forbes found that 57% of small and medium-sized enterprises had suffered an online attack. Businesses with an annual turnover in excess of £5 million were even more likely to experience a cyber crime with the figure rising to nearly 90% of firms of this size suffering a cyber attack. To make matters worse, the study found that a significant proportion of British businesses are without any form of protection against online attacks.
https://www.itsecurityguru.org/2023/03/13/nine-in-10-5m-businesses-hit-by-cyber-attacks/
Rushed Cloud Migrations Result in Escalating Technical Debt
A cloud service provider found 83% of CIO’s are feeling pressured to stretch their budgets even further than before. 72% of CIOs admitted that they are behind in their digital transformation because of technical debt and 38% believed the accumulation of this debt is largely because of rushed cloud migrations. Respondents believed these rushed migrations caused for miscalculations in the cloud budget, which resulted in significant overspend.
https://www.helpnetsecurity.com/2023/03/16/managing-cloud-costs/
Microsoft: 17 European Nations Targeted by Russia in 2023 as Espionage Ramping Up
According to an intelligence report from Microsoft, Russia has been ramping up its cyber espionage operations and this now includes 17 European nations. Of all 74 countries targeted, the UK ranked third, after the US and Poland.
Microsoft Warns of Large-Scale Use of Phishing Kits
Microsoft have found that phishing kits are being purchased and used to perform millions of phishing emails every day. In their report, Microsoft found the availability of purchasing such phishing kits was part of the industrialisation of the cyber criminal economy and lowered the barrier of entry for cyber crime. Microsoft identified phishing kits which had the capability to bypass multi factor authentication selling for as little as $300. The emergence of AI is only going to compound this.
https://thehackernews.com/2023/03/microsoft-warns-of-large-scale-use-of.html
BEC Volumes Double on Phishing Surge
The number of Business Email Compromise (BEC) incidents doubled last year according to security provider Secureworks. In their report, they found that the main initial access vectors for BEC were phishing and systems with known vulnerabilities, with each accounting for a third of initial accesses.
https://www.infosecurity-magazine.com/news/bec-volumes-double-on-phishing/
The Risk of Pasting Confidential Company Data in ChatGPT
Researchers analysed the use of artificial intelligence tool ChatGPT and found that 4.9% of employees have provided company data to the tool; ChatGPT builds its knowledge on this and in turn, this knowledge is shared publicly. The risk is serious, with employees putting their organisation at risk of leaking sensitive and confidential information. The research found that 0.9% of employees are responsible for 80% of leaks caused by pasting company data into ChatGPT and this number is expected to rise.
https://securityaffairs.com/143394/security/company-data-chatgpt-risks.html
Ransomware Attacks have Entered a Heinous New Phase
With an increasing amount of victims refusing to pay, cyber criminal gangs are now resorting to new techniques; this includes the recent release of stolen naked photos of cancer patients and sensitive student records. Where encryption and a demand for payment were previously the de facto method for cyber criminals, this has now shifted to pure exfiltration. In a report, the FBI highlighted evolving and increasingly aggressive extortion behaviour, with actors increasingly threatening to release stolen data.
https://www.wired.com/story/ransomware-tactics-cancer-photos-student-records/
MI5 Launches New Agency to Tackle State-Backed Attacks
British intelligence agency MI5 have announced the creation of the National Protective Security Authority (NPSA), created as part of a major review of government defences. The NPSA is to operate out of MI5 and absorb and extend the responsibilities for the protection of national infrastructure. The NPSA will work with existing agencies such as the National Cyber Security Centre (NCSC) and the Counter Terrorism Security Office (CTSO) to provide defensive advice to UK organisations.
https://www.infosecurity-magazine.com/news/mi5-new-agency-tackle-statebacked/
Why Cyber Awareness Training is an Ongoing Process
A survey conducted by Hornetsecurity found that 80% of respondents believed remote working introduced extra cyber security risks and 75% were aware that personal devices are used to access sensitive data, fuelling the need for employees to be cyber aware. Where IT security training is only undertaken once, for example in block training, it is likely that participants will have forgotten a lot of the content after as little as a week; this means that for organisations to get the most out of training, they need to conduct frequent awareness training. By conducting frequent training there is more chance of trainees retaining the training content and allowing the organisation to shape a culture of cyber security.
Threats
Ransomware, Extortion and Destructive Attacks
BianLian Ransomware Pivots From Encryption to Pure Data-Theft Extortion (darkreading.com)
Rise of Ransomware Attacks Main Focus for SOCs, research finds - IT Security Guru
FBI: Ransomware hit 860 critical infrastructure orgs in 2022 (bleepingcomputer.com)
Microsoft fixes Windows zero-day exploited in ransomware attacks (bleepingcomputer.com)
Clop ransomware gang begins extorting GoAnywhere zero-day victims (bleepingcomputer.com)
Staples-owned Essendant facing multi-day "outage," orders frozen (bleepingcomputer.com)
CISA now warns critical infrastructure of ransomware-vulnerable devices (bleepingcomputer.com)
Dissecting the malicious arsenal of the Makop ransomware gang- - Security Affairs
Blackbaud agrees to pay $3m to settle SEC ransomware probe • The Register
Ransomware Gang Claims It Hacked Amazon's Ring (gizmodo.com)
5 Reasons MSSP Clients Need Strong AppSec Strategies to Thwart Ransomware - MSSP Alert
Dish customers kept in the dark as ransomware fallout continues | TechCrunch
Cancer patient sues hospital over stolen naked photos • The Register
ChipMixer platform seized for laundering ransomware payments, drug sales (bleepingcomputer.com)
Kaspersky Updates Decryption Tool for Conti Ransomware - MSSP Alert
Conti-based ransomware ‘MeowCorp’ gets free decryptor (bleepingcomputer.com)
Universities and colleges cope silently with ransomware attacks | CSO Online
Phishing & Email Based Attacks
Software for sale is fueling a torrent of phishing attacks that bypass MFA | Ars Technica
Cyber criminals Devising More Tactics For Phishing Attacks (informationsecuritybuzz.com)
6 reasons why your anti-phishing strategy isn’t working | CSO Online
Cyberthreat On New Email By Exotic Lily (informationsecuritybuzz.com)
Botnet that knows your name and quotes your email is back with new tricks | Ars Technica
Analysts Spot a Wave of SVB-Related Cyber Fraud Striking the Business Sector (darkreading.com)
How two-step phishing attacks evade detection and what you can do about it - Help Net Security
BEC – Business Email Compromise
Pig Butchering & Investment Scams: The $3B Cyber crime Threat Overtaking BEC (darkreading.com)
Organizations need to re-examine their approach to BEC protection - Help Net Security
BEC Volumes Double on Phishing Surge - Infosecurity Magazine (infosecurity-magazine.com)
2FA/MFA
Outlook app to get built-in Microsoft 365 MFA on Android, iOS (bleepingcomputer.com)
Software for sale is fuelling a torrent of phishing attacks that bypass MFA | Ars Technica
Malware
Microsoft OneNote to get enhanced security after recent malware abuse (bleepingcomputer.com)
New Version of Prometei Botnet Infects Over 10,000 Systems Worldwide (thehackernews.com)
Malware Targets People Looking to Pirate Oscar-Nominated Films (darkreading.com)
Law enforcement seized the website selling the NetWire RAT- - Security Affairs
BATLOADER Malware Uses Google Ads to Deliver Vidar Stealer and Ursnif Payloads (thehackernews.com)
Warning: AI-generated YouTube Video Tutorials Spreading Infostealer Malware (thehackernews.com)
Emotet attempts to sell access after infiltrating high-value networks | SC Media (scmagazine.com)
Emotet, QSnatch Malware Dominate Malicious DNS Traffic (darkreading.com)
Winter Vivern APT hackers use fake antivirus scans to install malware (bleepingcomputer.com)
Chinese and Russian Hackers Using SILKLOADER Malware to Evade Detection (thehackernews.com)
New malware sample of defunct TeamTNT threat group raises concerns | SC Media (scmagazine.com)
Adobe Acrobat Sign abused to push Redline info-stealing malware (bleepingcomputer.com)
Mobile
Xenomorph Android malware now steals data from 400 banks (bleepingcomputer.com)
GoatRAT Android Banking Trojan Targets Mobile Automated Payment System (darkreading.com)
WhatsApp Tells UK Government It’s Still Not Willing To Undermine Its Encryption | Techdirt
Convincing Twitter 'quote tweet' phone scam targets bank customers (bleepingcomputer.com)
Google Warns Samsung and Pixel Phone Owners About 18 Dire Exploits - CNET
FakeCalls Android malware returns with new ways to hide on phones (bleepingcomputer.com)
Botnets
New Version of Prometei Botnet Infects Over 10,000 Systems Worldwide (thehackernews.com)
Botnet that knows your name and quotes your email is back with new tricks | Ars Technica
Denial of Service/DoS/DDOS
Internet of Things – IoT
Researchers Uncover Over a Dozen Security Flaws in Akuvox E11 Smart Intercom (thehackernews.com)
Tesla App Lets Man Accidentally Steal Model 3 That Wasn't His (gizmodo.com)
Data Breaches/Leaks
Negative Impacts of Data Loss and How to Avoid Them - MSSP Alert
Mental health provider Cerebral alerts 3.1M people of data breach (bleepingcomputer.com)
BMW exposes data of clients in Italy, experts warn- - Security Affairs
Acronis states that only one customer's account was compromised- - Security Affairs
Security giant Rubrik says hackers used Fortra zero-day to steal internal data | TechCrunch
LA Housing Authority Suffers Year-Long Breach - Infosecurity Magazine (infosecurity-magazine.com)
Hacker selling data allegedly stolen in US Marshals Service hack (bleepingcomputer.com)
Organised Crime & Criminal Actors
Cyber crime Losses Exceeded $10 Billion in 2022: FBI - SecurityWeek
Nine In 10 £5m+ Businesses Hit By Cyber Attacks - IT Security Guru
CISA: Federal civilian agency hacked by nation-state and criminal hacking groups | CyberScoop
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
FBI Warns of Crypto-Stealing Play-to-Earn Games - Infosecurity Magazine (infosecurity-magazine.com)
Massive vulnerabilities revealed at Dogecoin, Litecoin, Zcash | Fortune Crypto
UK Crypto Firm Loses $200m in Cyber-Attack - Infosecurity Magazine (infosecurity-magazine.com)
One of the darkweb’s largest cryptocurrency laundromats washed out | Europol (europa.eu)
UK Bank Limits Crypto Payments to Smother Fraud - Infosecurity Magazine (infosecurity-magazine.com)
CrowdStrike discovered the first-ever Dero crypto mining campaign- - Security Affairs
Claim: FTX leaders helped themselves to $3.2B in cash • The Register
Feds charge exiled Chinese billionaire over crypto fraud • The Register
Insider Risk and Insider Threats
Fraud, Scams & Financial Crime
Cyber crime Losses Exceeded $10 Billion in 2022: FBI - SecurityWeek
Nine In 10 £5m+ Businesses Hit By Cyber Attacks - IT Security Guru
ChatGPT fraud is on the rise: Here's what to watch out for | ZDNET
Analysts Spot a Wave of SVB-Related Cyber Fraud Striking the Business Sector (darkreading.com)
The SVB demise is a fraudster's paradise, so take precautions - Help Net Security
Fighting financial fraud through fusion centers - Help Net Security
UK Crypto Firm Loses $200m in Cyber-Attack - Infosecurity Magazine (infosecurity-magazine.com)
UK Bank Limits Crypto Payments to Smother Fraud - Infosecurity Magazine (infosecurity-magazine.com)
Convincing Twitter 'quote tweet' phone scam targets bank customers (bleepingcomputer.com)
Claim: FTX leaders helped themselves to $3.2B in cash • The Register
Feds charge exiled Chinese billionaire over crypto fraud • The Register
Impersonation Attacks
Deepfakes
AML/CFT/Sanctions
One of the darkweb’s largest cryptocurrency laundromats washed out | Europol (europa.eu)
Russia’s Cyber security Companies Shrug Off Sanctions - CEPA
Dark Web
Supply Chain and Third Parties
Top 10 operational risks: focus on third-party risk - Risk.net
How much of a cyber security risk are my suppliers? (thetimes.co.uk)
Software Supply Chain
We can't wait for SBOMs to be demanded by regulation - Help Net Security
Best practices for securing the software application supply chain - Help Net Security
Cloud/SaaS
Rushed cloud migrations result in escalating technical debt - Help Net Security
CrowdStrike report shows identities under siege, cloud data theft up | VentureBeat
How to Apply NIST Principles to SaaS in 2023 (thehackernews.com)
Hybrid/Remote Working
Attack Surface Management
Identity and Access Management
Access Control Gap in Microsoft Active Directory Widens Enterprise Attack Surface (darkreading.com)
Navigating the future of digital identity - Help Net Security
Encryption
Google Proposes Reducing TLS Cert Life Span to 90 Days (darkreading.com)
WhatsApp Tells UK Government It’s Still Not Willing To Undermine Its Encryption | Techdirt
Passwords, Credential Stuffing & Brute Force Attacks
Poor Passwords Still Weakest Link Hackers Seek, Report Reveals - MSSP Alert
Study: Over 721 million passwords were leaked in 2022 - Neowin
Social Media
UK bans TikTok from government mobile phones | TikTok | The Guardian
Convincing Twitter 'quote tweet' phone scam targets bank customers (bleepingcomputer.com)
Malvertising
Training, Education and Awareness
Regulations, Fines and Legislation
WhatsApp Tells UK Government It’s Still Not Willing To Undermine Its Encryption | Techdirt
The US cyber security strategy won’t address today’s threats with regulation alone | CyberScoop
Governance, Risk and Compliance
Make Sure Your Cyber security Budget Stays Flexible (darkreading.com)
Getting cyber security right requires a change of mindset | The Strategist (aspistrategist.org.au)
6 principles for building engaged security governance | TechTarget
Models, Frameworks and Standards
How to Apply NIST Principles to SaaS in 2023 (thehackernews.com)
Meet Data Privacy Mandates With Cyber security Frameworks (darkreading.com)
Data Protection
Law Enforcement Action and Take Downs
International authorities bring NetWire's malware infrastructure to a standstill | TechSpot
One of the darkweb’s largest cryptocurrency laundromats washed out | Europol (europa.eu)
Privacy, Surveillance and Mass Monitoring
German states rethink reliance on Palantir technology | Financial Times (ft.com)
Consumers Believe Vendors Don't Adequately Protect Their Personal Data, Report Finds - MSSP Alert
Meet Data Privacy Mandates With Cyber security Frameworks (darkreading.com)
Artificial Intelligence
Warning: AI-generated YouTube Video Tutorials Spreading Infostealer Malware (thehackernews.com)
ChatGPT and the Growing Threat of Bring Your Own AI to the SOC - SecurityWeek
How Businesses Can Get Ready for AI-Powered Security Threats (darkreading.com)
UK spy agency warns of security threat from ChatGPT and rival chatbots | Metro News
Why red team exercises for AI should be on a CISO's radar | CSO Online
GPT-4 Can’t Stop Helping Hackers Make Cyber criminal Tools (forbes.com)
Misinformation, Disinformation and Propaganda
Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine
Microsoft: Russian hackers may be readying new wave of destructive attacks | CyberScoop
UK bans TikTok from government mobile phones | TikTok | The Guardian
Microsoft: 17 European Nations Targeted by Russia in 2023 as Espionage Ramping Up - SecurityWeek
Russians told to rush to nuclear bomb shelters after hackers take over state media (telegraph.co.uk)
Remcos Trojan Linked to Cyber Espionage Operations Against Ukrainian Government - MSSP Alert
YoroTrooper cyber spies target CIS energy orgs, EU embassies (bleepingcomputer.com)
China sought control of telecoms to spy on Micronesia • The Register
Russia disinformation looks to US far right to weaken Ukraine support | Russia | The Guardian
This Is the New Leader of Russia's Infamous Sandworm Hacking Unit | WIRED
Russia’s Cyber security Companies Shrug Off Sanctions - CEPA
Polish intelligence dismantled a network of Russian spies- Security Affairs
Microsoft sheds light on a year of Russian hybrid warfare in Ukraine- Security Affairs
Wave of Stealthy China Cyber attacks Hits US., Private Networks, Google Says - WSJ
Russian hackers plotting another cyber attack against Ukraine - Microsoft (ukrinform.net)
Here's how Chinese spies exploited a critical Fortinet bug • The Register
Nation State Actors
UK bans TikTok from government mobile phones | TikTok | The Guardian
North Korean hackers used polished LinkedIn profiles to target security researchers | CyberScoop
A new Chinese era: security and control | Financial Times (ft.com)
Russians told to rush to nuclear bomb shelters after hackers take over state media (telegraph.co.uk)
Attacks on SonicWall appliances linked to Chinese campaign: Mandiant | CSO Online
Remcos Trojan Linked to Cyber Espionage Operations Against Ukrainian Government - MSSP Alert
Microsoft fixes Outlook zero-day used by Russian hackers since April 2022 (bleepingcomputer.com)
China sought control of telecoms to spy on Micronesia • The Register
CISA: Federal civilian agency hacked by nation-state and criminal hacking groups | CyberScoop
APT29 abuses EU information exchange systems in recent attacks- Security Affairs
Chinese and Russian Hackers Using SILKLOADER Malware to Evade Detection (thehackernews.com)
Russia disinformation looks to US far right to weaken Ukraine support | Russia | The Guardian
This Is the New Leader of Russia's Infamous Sandworm Hacking Unit | WIRED
Russia’s Cyber security Companies Shrug Off Sanctions - CEPA
Microsoft sheds light on a year of Russian hybrid warfare in Ukraine- Security Affairs
Wave of Stealthy China Cyber attacks Hits US., Private Networks, Google Says - WSJ
Russian hackers plotting another cyber attack against Ukraine - Microsoft (ukrinform.net)
Here's how Chinese spies exploited a critical Fortinet bug • The Register
Vulnerabilities
Critical Microsoft Outlook/365 bug CVE-2023-23397 under attack (thestack.technology)
Critical Microsoft Outlook bug PoC shows how easy it is to exploit (bleepingcomputer.com)
Microsoft fixes Outlook zero-day used by Russian hackers since April 2022 (bleepingcomputer.com)
Microsoft and Fortinet fix bugs under active exploit • The Register
CISA warns of actively exploited Plex bug after LastPass breach (bleepingcomputer.com)
Cisco fixed CVE-2023-20049 DoS flaw affecting enterprise routers- Security Affairs
Massive vulnerabilities revealed at Dogecoin, Litecoin, Zcash | Fortune Crypto
SAP releases security updates fixing five critical vulnerabilities (bleepingcomputer.com)
Adobe Warns of ‘Very Limited Attacks’ Exploiting ColdFusion Zero-Day - SecurityWeek
Microsoft fixes Windows zero-day exploited in ransomware attacks (bleepingcomputer.com)
Microsoft March 2023 Patch Tuesday fixes 2 zero-days, 83 flaws (bleepingcomputer.com)
Firefox 111 patches 11 holes, but not 1 zero-day among them… – Naked Security (sophos.com)
Microsoft Pins Outlook Zero-Day Attacks on Russian Actor, Offers Detection Script - SecurityWeek
Cyber attackers Continue Assault Against Fortinet Devices (darkreading.com)
Security firm Rubrik is latest to be felled by GoAnywhere vulnerability | Ars Technica
Google Warns Samsung and Pixel Phone Owners About 18 Dire Exploits - CNET
Microsoft shares script to fix WinRE BitLocker bypass flaw (bleepingcomputer.com)
Here's how Chinese spies exploited a critical Fortinet bug • The Register
Tools and Controls
Make Sure Your Cyber security Budget Stays Flexible (darkreading.com)
What Is a Stateful Inspection Firewall? Ultimate Guide (enterprisestorageforum.com)
Set up PowerShell script block logging for added security | TechTarget
Brazil seizing Flipper Zero shipments to prevent use in crime (bleepingcomputer.com)
Outlook app to get built-in Microsoft 365 MFA on Android, iOS (bleepingcomputer.com)
5 Reasons MSSP Clients Need Strong AppSec Strategies to Thwart Ransomware - MSSP Alert
5 Steps to Effective Cloud Detection and Response - The New Stack
Virtual patching: Cut time to patch from 250 days to (helpnetsecurity.com)
ChatGPT may be a bigger cyber security risk than an actual benefit (bleepingcomputer.com)
Change Is Coming to the Network Detection and Response (NDR) Market (darkreading.com)
Rise of Ransomware Attacks Main Focus for SOCs, research finds - IT Security Guru
Sector Specific
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· 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.
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