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Black Arrow Cyber Threat Briefing 29 December 2023
Black Arrow Cyber Threat Intelligence Briefing 29 December 2023:
-UK Ministers Publicly State Fears of Potential Widescale Power Grid Disruptions
-Countries Brace for Influence Operations, AI and Hacking Campaigns Ahead of Historic 2024 Election Year, Could Upset World Balance
-The Most Popular Passwords of 2023 are Easy to Guess and Crack
-Dangerous Malware Pretends to be Some of Your Most Used Business Software
-MFA Helps You Stay Resilient, But Nothing is a Silver Bullet
-Ransomware Leak Site Victims Reached Record-High in November
-MOVEit, Capita, CitrixBleed and More: The Biggest Data Breaches of 2023
-Europol Warns 443 Online Shops Infected with Credit Card Stealers
-Physical Access Systems Open Door to IT Networks
-Simple Hacking Techniques Prove Successful in 2023 Cyber Attacks
-Daily Malicious Files Rise to 411,000 a day in 2023
-Android Malware Actively Infecting Devices to Take Full Control
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
UK Ministers Publicly State Fears of Potential Widescale Power Grid Disruptions
The UK’s power network has long been an attractive target for enemies of the state and that remains true today. In fact, according to the UK Government, the risk of the whole country’s electricity system being shut down is growing. So are the dangers to citizens if it happens.
The UK’s National Risk Register, the official document assessing 89 different possible threats to the country, explains that a cyber attack on the National Grid could be launched by culprits “encrypting, stealing or destroying data upon which critical systems depend, or via disruption to operational systems”.
Source: [iNews]
Countries Brace for Influence Operations, AI and Hacking Campaigns Ahead of Historic 2024 Election Year, Could Upset World Balance
Billions of people around the world are expected to go to the polls and vote in 2024, in what will be the most significant election year in recent memory, and cyber security and government officials have already warned about countries using technology to influence operations. This includes disinformation campaigns and hacking attempts. Officials have further warned that artificial intelligence will likely be used to fuel such campaigns.
Sources: [The Record] [Security Affairs]
The Most Popular Passwords of 2023 are Easy to Guess and Crack
NordPass released a list of the top 200 common passwords recently, which included “123456” and “admin” as the top two. Of particular note, the top 40 passwords were all deemed to take less than 12 seconds to crack, or could be determined by an actor with no knowledge of the password. Many people would argue that there are so many passwords needed these days that it becomes hard to remember, hence their choice of easier passwords, and often reusing or recycling them across multiple sites and services. The use of a password manager can greatly reduce this need, requiring the user to only remember one password whilst also allowing for more complex and harder to crack passwords.
Source: [gHacks]
Dangerous Malware Pretends to be Some of Your Most Used Business Software
Hackers are using an old form of banking malware, known as Carbanak, to launch damaging ransomware attacks. Hackers are using compromised websites to host the malware, impersonating popular business-related software such as HubSpot, Veeam, or Xero.
Source: [TechRadar]
MFA Helps You Stay Resilient, But Nothing is a Silver Bullet
Multi-factor authentication (MFA) is a great resource for improving your organisation’s cyber resilience, but no technology is 100% secure and the human element will nearly always remain. With notable security breaches bypassing MFA to compromise organisations including Uber, games company EA, and authentication business Okta, organisations need to be aware that it is a possibility. As such, organisations need to ensure they implement MFA effectively and educate their users in their implementation; even the strongest of controls are rendered useless if they can be bypassed with one social engineering phone call.
Source: [Help Net Security]
Ransomware Leak Site Victims Reached Record-High in November
Corvus Threat Intel observed 484 new ransomware victims posted to leak sites in November. This represents a 39% increase from October and a 110% increase compared with November 2022. Further, this is the eleventh consecutive month in which there has been a year-on-year increase in ransomware victims, and the ninth with a victim count over 300.
Source: [Infosecurity Magazine]
MOVEit, Capita, CitrixBleed and More: The Biggest Data Breaches of 2023
2023 was a colossal year for data breaches, with the likes of MOVEit, Capita, Citrix, Royal Mail, MGM resorts and 3CX among some of the most significant victims. Such attacks have involved a number of vectors, such as file transfer vulnerabilities, social engineering, supply chain attacks and zero-day exploits. The result? Millions of people’s data compromised, and hundreds of millions paid out to attackers; the attack on MGM resorts alone is reported to have costed upwards of $100 million.
Source: [TechCrunch]
Europol Warns 443 Online Shops Infected with Credit Card Stealers
Europol has notified over 400 websites that their online shop had been hacked, with malicious scripts that steal card information from paying customers. The scripts are designed to intercept and steal payment card numbers, expiration dates, verification numbers, names, and shipping addresses, which are then uploaded to an attacker. This information is then used, or sold on the dark web to be used. Unfortunately, some of these attacks can go undetected for weeks or even several months.
Source: [Bleeping Computer]
Physical Access Systems Open Door to IT Networks
Cyber attackers can exploit access control measures installed on supposedly secure facility doors to gain unauthorised building access to sensitive locations, as well as breach internal IP networks directly from these systems, research has shown. At a recent leading security conference, analysts demonstrated this is an attack. Assets such as these can often be forgotten about and therefore omitted from protections, highlighting the need for organisations to have an up to date and accurate asset register.
Source: [Dark Reading]
Simple Hacking Techniques Prove Successful in 2023 Cyber Attacks
Hacking can be sophisticated, but often it is not sophisticated at all. Some of the biggest hacks this year started with what seemed like an innocent phone call, but which in fact were fairly simple social engineering attacks. Additionally, hackers continued to target companies that failed to promptly update their systems, even after patches were released to fix critical vulnerabilities. The best first step to protect an organisation is to establish a culture of good cyber security hygiene across people, operations and technology.
Source: [Pymnts]
Daily Malicious Files Rise to 411,000 a day in 2023
Cyber criminals unleashed an average of 411,000 malicious files every day in 2023, representing a 3% increase from the previous year, according to Kaspersky. Malicious desktop files in particular rose by 53%. Cyber criminals favoured Microsoft Office services’ vulnerabilities, which represented 69% of all exploited vulnerabilities.
Source: [Infosecurity Magazine]
Android Malware Actively Infecting Devices to Take Full Control
Android Malware is actively being used to take control of devices for illicit purposes, such as stealing sensitive information and enabling remote attacks, and least 327,000 devices are reported to have been infected with such malware. Research has found that amongst the most targeted countries are the UK and US. Often, for the malware to work, users need to allow it access to information such as contacts, email. In some cases, the user would only be aware they have consented if they were to manually check the apps settings. For organisations, this can mean employees bringing personal or work phones into the corporate environment, with malware potentially along for the ride.
Source: [GBhackers]
Threats
Ransomware, Extortion and Destructive Attacks
Rethinking data security in the age of ransomware and AI - SiliconANGLE
Carbanak Banking Malware Resurfaces with New Ransomware Tactics (thehackernews.com)
Do the casino ransomware attacks make the case to pay? • The Register
Windows CLFS and five exploits used by ransomware operators | Securelist
Cyber crime experts reveal how to infiltrate ransomware gangs • The Register
How ransomware operators try to stay under the radar | Malwarebytes
How many times are you going to think about ransomware in 2024? (betanews.com)
Ransomware Victims
MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023 | TechCrunch
Lockbit ransomware disrupts emergency care at German hospitals (bleepingcomputer.com)
Integris Health patients get extortion emails after cyber attack (bleepingcomputer.com)
Ransomware Group Claims 100 Gb of Data Stolen From Nissan Australia - Security Week
Indian IT services giant HCL Technologies hit by ransomware | TechRadar
LockBit gang claims to have breached accountancy firm Xeinadin (securityaffairs.com)
Rockstar Employee Details Reportedly Leaked By Hackers (thegamer.com)
Australia’s Largest Auto Dealer Group Hit By Massive Cyber Attack | Carscoops
Artificial Intelligence
Elections 2024, Artificial Intelligence could upset world balances (securityaffairs.com)
Malicious GPT Can Phish Credentials, Exfiltrate Them to External Server: Researcher - Security Week
Rethinking data security in the age of ransomware and AI - SiliconANGLE
GenAI Tools Will Permeate All Areas of the Enterprise (darkreading.com)
Why data, AI, and regulations top the threat list for 2024 - Help Net Security
5 Ways that AI Is Set To Transform Cyber Security (informationweek.com)
The Emerging Landscape of AI-Driven Cyber Security Threats: A Look Ahead - Security Week
Skynet Ahoy? What to Expect for Next-Gen AI Security Risks (darkreading.com)
2FA/MFA
Malware
Carbanak Banking Malware Resurfaces with New Ransomware Tactics (thehackernews.com)
Iran's 'Peach Sandstorm' Cyber Attackers Target Global Defence Network (darkreading.com)
Decoy Microsoft Word Documents Used to Deliver Nim-Based Malware (thehackernews.com)
This growing malware threat actor is set to unleash a surge of attacks, experts warn | TechRadar
'BattleRoyal' Hackers Deliver DarkGate RAT Using Every Trick (darkreading.com)
Microsoft disables MSIX protocol handler abused in malware attacks (bleepingcomputer.com)
UAC-0099 Using WinRAR Exploit to Target Ukrainian Firms with LONEPAGE Malware (thehackernews.com)
New Sneaky Xamalicious Android Malware Hits Over 327,000 Devices (thehackernews.com)
Russian military hackers target Ukraine with new MASEPIE malware (bleepingcomputer.com)
Fake VPN Chrome extensions force-installed 1.5 million times (bleepingcomputer.com)
Kimsuky Group Using Weaponized file Deploy AppleSeed Malware (cybersecuritynews.com)
New Rugmi Malware Loader Surges with Hundreds of Daily Detections (thehackernews.com)
Game mod on Steam breached to push password-stealing malware (bleepingcomputer.com)
How the new Instegogram threat creates liability for organisations | CSO Online
Mobile
TikTok makes users give iPhone passwords, reasons unclear (nypost.com)
Android Malware Actively Infecting Devices to Take Full Control (gbhackers.com)
Chameleon Android Malware Can Bypass Biometric Security - Security Week
SMS Scams Set to Peak on Saturday in UK - Infosecurity Magazine (infosecurity-magazine.com)
Denial of Service/DoS/DDOS
Essential DDoS statistics for understanding attack impact - Help Net Security
How to Prepare for DDoS Attacks During Peak Business Times (darkreading.com)
In Cyber Security and Fashion, What's Old Is New Again (darkreading.com)
Internet of Things – IoT
Tech gifts you shouldn’t buy your family and friends for the holidays | TechCrunch
Physical Access Systems Open Door to IT Networks (darkreading.com)
Ho Ho Home For Christmas? Tips For Avoiding Tech Terrors This Festive Season - IT Security Guru
Data Breaches/Leaks
MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023 | TechCrunch
Mortgage firm LoanCare warns 1.3 million people of data breach (bleepingcomputer.com)
Real estate agency exposes details of 690k customers (securityaffairs.com)
Insomniac Games Releases Statement Over Recent Cyber Attack - Gameranx
Ubisoft says it's investigating reports of a new security breach (bleepingcomputer.com)
Rockstar Employee Details Reportedly Leaked By Hackers (thegamer.com)
Inmate, Staff Information Stolen in Rhode Island Prison Data Breach - Security Week
Mint Mobile discloses new data breach exposing customer data (bleepingcomputer.com)
Hackers steal customer data from Europe’s largest parking app operator | Hacking | The Guardian
Yakult Australia confirms 'cyber incident' after 95 GB data leak (bleepingcomputer.com)
CBS, Paramount owner National Amusements says it was hacked | TechCrunch
Panasonic discloses data breach after December 2022 cyber attack (bleepingcomputer.com)
Customers warned after major car dealership group Eagers Automotive hacked | The West Australian
Cyber Attacks Impacts Two Major Australian Companies Including Leaked Passports | The Epoch Times
Organised Crime & Criminal Actors
Simple Hacking Techniques Prove Successful in Cyber Attacks (pymnts.com)
Hackers stole $2 billion in crypto in 2023, data shows | TechCrunch
Hacking or Social Engineering? What You Need to Know to Keep Yourself Safe | HackerNoon
3 Clues That Hackers May Know More About Your Business Than You Do | Inc.com
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Hackers stole $2 billion in crypto in 2023, data shows | TechCrunch
Warning: Poorly Secured Linux SSH Servers Under Attack for Cryptocurrency Mining (thehackernews.com)
Hacking group Pink Drainer strikes again, pilfering $4.4M from just 1 victim (cointelegraph.com)
Supply Chain and Third Parties
Third-party issues disrupt 45% of firms despite cyber security spends (securitybrief.co.nz)
MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023 | TechCrunch
Cloud/SaaS
Researchers uncover major security issue in Microsoft Azure - here's what we know | TechRadar
Data security and cost are key cloud adoption challenges for financial industry - Help Net Security
The Future of Hybrid Cloud: What to Expect in 2024 and Beyond (techtarget.com)
Encryption
Warning: Poorly Secured Linux SSH Servers Under Attack for Cryptocurrency Mining (thehackernews.com)
Linux and Open Source
Warning: Poorly Secured Linux SSH Servers Under Attack for Cryptocurrency Mining (thehackernews.com)
Passwords, Credential Stuffing & Brute Force Attacks
The most popular passwords of 2023 are easy to guess and crack - gHacks Tech News
Malicious GPT Can Phish Credentials, Exfiltrate Them to External Server: Researcher - Security Week
Social Media
Regulations, Fines and Legislation
Europe Sees More Hacktivism, GDPR Echoes, and New Security Laws Ahead for 2024 (darkreading.com)
Why data, AI, and regulations top the threat list for 2024 - Help Net Security
Europe classifies three adult sites as worthy of its toughest internet regulations • The Register
5 US cyber security compliance deadlines in 2024 | SC Media (scmagazine.com)
EU updates product liability regime to include software, Artificial Intelligence – EURACTIV.com
Models, Frameworks and Standards
Backup and Recovery
Data Protection
Careers, Working in Cyber and Information Security
Cyber Employment 2024: Sky-High Expectations Fail Businesses & Job Seekers (darkreading.com)
Top Tips from CISOs for CISOs - Infosecurity Magazine (infosecurity-magazine.com)
How leaders can look after information security professionals | ITPro
Building Mental Resilience: A CISO's Journey - GovInfoSecurity
What Does the Future Hold for Today’s Cyber Security Leaders? (huntress.com)
Law Enforcement Action and Take Downs
Misinformation, Disinformation and Propaganda
Nation State Actors, Advanced Persistent Threats (APTs), Cyber Warfare, Cyber Espionage and Geopolitical Threats/Activity
Cyber Warfare and Cyber Espionage
Ministers fear a cyber attack cutting all our electricity – this is why (inews.co.uk)
How Cyber Criminals Will Sway 2024 US Elections, Or Try To (darkreading.com)
Nation State Actors
China
Russia
Ukrainian remote workers targeted in new espionage campaign (therecord.media)
UAC-0099 Using WinRAR Exploit to Target Ukrainian Firms with LONEPAGE Malware (thehackernews.com)
Russian firms subjected to new cyber espionage campaign | SC Media (scmagazine.com)
Cloud Atlas' Spear-Phishing Attacks Target Russian Agro and Research Companies (thehackernews.com)
Inside the World of Deep-Cover Russian Spies Who Are Infiltrating the West (businessinsider.com)
Russian military hackers target Ukraine with new MASEPIE malware (bleepingcomputer.com)
Iran
Iran's 'Peach Sandstorm' Cyber Attackers Target Global Defence Network (darkreading.com)
Israel and Iran are waging a cyber war in the shadows - opinion - The Jerusalem Post (jpost.com)
A cyber attack targets Albanian Parliament’s data system, halting its work | Stars and Stripes
North Korea
Kimsuky Group Using Weaponized file Deploy AppleSeed Malware (cybersecuritynews.com)
Kim Jong Un Expected To Conduct Military, Cyber Attacks During US Elections - Benzinga
Other Nation State Actors, Hacktivism, Extremism, Terrorism and Other Geopolitical Threat Intelligence
Vulnerability Management
Vulnerabilities
Researchers uncover major security issue in Microsoft Azure - here's what we know | TechRadar
Barracuda fixed a new ESG zero-day exploited by Chinese group UNC4841 (securityaffairs.com)
CISA Warns of FXC Router, QNAP NVR Vulnerabilities Exploited in the Wild - Security Week
Google Releases Eighth Zero-Day Patch of 2023 for Chrome (darkreading.com)
Windows CLFS and five exploits used by ransomware operators | Securelist
Apache OFBiz RCE flaw exploited to find vulnerable Confluence servers (bleepingcomputer.com)
Tools and Controls
Physical Access Systems Open Door to IT Networks (darkreading.com)
Even cyber security pros don't fully trust AI just yet | TechRadar
GenAI Tools Will Permeate All Areas of the Enterprise (darkreading.com)
Verification roadblocks cause frustration for digital nomads - Help Net Security
Strengthening Resilience: Navigating the Cyber Security Landscape (darkreading.com)
API security in 2024: Predictions and trends - Help Net Security
Other News
5 Things You Can Do Today to Prepare for 2024’s Security Threats (informationweek.com)
Pensions Regulator publishes updated cyber security guidance for trustees | Mayer Brown - JDSupra
All I really need to know about cyber security, I learned in kindergarten (venturebeat.com)
New insights into the global industrial cyber security landscape - Help Net Security
NASA Releases First Space Cyber Security Best Practices Guide (inforisktoday.com)
Unveiling the true cost of healthcare cyber security incidents - Help Net Security
Hackers see wealth of information to steal in kids' school records (cnbc.com)
A cyber attack targets Albanian Parliament’s data system, halting its work | Stars and Stripes
How Cyber Criminals Will Sway 2024 US Elections, Or Try To (darkreading.com)
Post-pandemic Cyber Security: Lessons from the global health crisis (att.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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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 19 May 2023
Black Arrow Cyber Threat Briefing 19 May 2023:
-Triple Threat: Insecure Economy, Cyber Crime Recruitment and Insider Threats
-Insured Companies More Likely to be Ransomware Victims, Sometimes More Than Once
-Ensuring Security Remains/Becomes Everyone’s Responsibility
-Software Supply Chain Attacks Hit 61% of Firms
-More than 2.25 Million Exposed Assets on the Dark Web Tied to Fortune 1000 Employees
-Law Enforcement Crackdowns and New Techniques are Forcing Cyber Criminals to Pivot
-Talking Security Strategy: Why Cyber Security Requires a Seat at the Boardroom Table
-How Incident Response Rehearsals and Readiness Exercises Can Aid Incident Response
-Ransomware’s Real Goals are to Exploit Internet Facing Apps, Mine Intellectual Property and Grab Sensitive Information
-Organisations’ Cyber Resilience Efforts Fail to Keep Up with Evolving Threats
-Fraudsters Send Fake Invoice, Follow Up with Fake Executive Confirmation
-Capita Warns Customers They Should Assume Data was Stolen
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
Triple Threat: Insecure Economy, Cyber Crime Recruitment and Insider Threats
Across all sectors employees are feeling the ramifications of economic uncertainty, coupled with ransomware attacks continuing to evolve and become more sophisticated, and with this, cyber crime gangs are increasing their recruitment efforts. All the while, the cyber security skills gap persists and continues to widen for most organisations. This has the potential to create a perfect storm in terms of insider threats.
Insider threats can be malicious or unintentional, and they might come from current or former employees, business partners, board members or consultants. A recent report found that the past two years have seen a 44% rise in insider incidents. There is no quick fix to solve the insider threat problem. At a time when many businesses are struggling with visibility issues brought on by digital transformation and vendor sprawl, what’s needed is planning. Reducing the risk associated with insider threats requires a multifaceted approach.
Ensuring Security Remains/Becomes Everyone’s Responsibility
In the same way as organisations believe that everyone is somewhat responsible for keeping costs reasonable, why would an organisation not think the same of cyber security, especially as cyber security is not just a technology problem: it is a business problem. One of the best methods for ensuring that security is everyone’s responsibility is to make cyber a top-down issue, with the board and C-suite setting the tone for security; they should provide clear direction and guidance, prioritising security as a business objective.
Other methods that can help ensure security as everyone’s responsibility include integrating it into the functions of roles, creating a security culture, providing awareness and training and rewarding employees for responses such as reporting phishing attacks.
https://cisoseries.com/20-ways-to-ensure-security-remains-becomes-everyones-responsibility/
Insured Companies More Likely to be Ransomware Victims, Sometimes More Than Once
Companies with cyber insurance are more likely to get hit by ransomware, more likely to be attacked multiple times, and more likely to pay ransoms, according to a recent survey of IT decision makers.
According to the survey by Barracuda Networks, 77% of organisations with cyber insurance were hit at least once, compared to 65% without insurance. Of those with insurance, 39% paid the ransom. Worryingly, the survey found that insured companies were also 70% more likely to be hit multiple times. Repeat victims were also more likely to pay the ransom, and less likely to use backup systems to help them recover.
Software Supply Chain Attacks Hit 61% of Firms
More than three-fifths (61%) of businesses have been directly impacted by a software supply chain threat over the past year, according to a new report. The report pointed to open source software as a key source of supply chain risk. Open source is now used by 94% of companies in some form, with over half (57%) using multiple open source platforms, the report revealed.
Organisations may be putting themselves at further risk by not having a full view of the software which is used within their corporate environment. One of the first things an organisation seeking to reduce their risk of a software supply chain attack should do is to understand their attack surface and maintain a record of the software which they use.
https://www.infosecurity-magazine.com/news/software-supply-chain-attacks-hit/
More than 2.25 Million Exposed Assets on the Dark Web Tied to Fortune 1000 Employees
In a newly released 2023 Fortune 1000 Identity Exposure Report, an analysis of the dark net exposure of employees across 21 industries, including technology, financial, retailing and media, researchers analysed 2.27 billion exposed dark web assets. These assets included more than 423 million records containing personally identifiable information (PII) found in data breaches and exfiltrated from malware-infected devices tied directly to Fortune 1000 employees’ email addresses.
Additional findings include 27.48 million pairs of credentials with Fortune 1000 corporate email addresses and plain text passwords, and a 62% re-use rate of passwords amongst Fortune 1000 employees. Whilst the research focuses on Fortune 1000 employees, it is unlikely that these are the only employees who are exposed on the dark web. Organisations should be aware of how such PII could include their own employees, and how to avoid password re-use in the corporate environment.
Law Enforcement Crackdowns and New Techniques are Forcing Cyber Criminals to Pivot
Researchers say that law enforcement crackdowns and new investigative tools are putting pressure on cyber criminals, but challenges for defenders remain. It can seem like cyber criminals are running rampant across the world's digital infrastructure, launching ransomware attacks, scams, and outright thefts with impunity. Over the last year, however, US and global authorities seized $112 million from cryptocurrency investment scams, disrupted the Hive ransomware group, broke up online illegal drug marketplaces, and sanctioned crypto money launderers, among other operations to crack down on internet-enabled crimes. With such pressure, financially motivated threat actors are pivoting to crimes that have a higher rate of success, such as selling data instead of extorting, and romance scams and pig butchering (building rapport and trust with victims over time only to steal from them) are replacing the old get-rich schemes.
Talking Security Strategy: Why Cyber Security Requires a Seat at the Boardroom Table
Cyber security is no longer a fringe issue for businesses. What was once a siloed function is now woven into the fabric of any successful business. Any business still treating its cyber security initiatives as a side project is setting itself up to fail. The US Securities and Exchange Commission (SEC) has laid to rest any doubts about the importance of cyber security with new regulations around how boards of directors should approach it. The regulations, which are in the process of being finalised, will require companies to openly report any serious cyber security attack and explain who on their board is responsible for dealing with it. The regulations also will require businesses to include board of directors' cyber security experience and credentials as part of any public disclosure.
How Incident Response Rehearsals and Readiness Exercises Can Aid Incident Response
Incident response rehearsals and readiness exercises can aid organisations by identifying security gaps, testing communications in the event of a cyber attack, and understanding roles in reducing response times. All of which benefits the business objectives of the organisation.
The importance for organisations to understand who their adversaries are and how they operate against their enterprise environments cannot be overstated. An organisation's approach to cyber security testing and resilience improvements in the face of an increasingly volatile threat landscape must be underpinned around this perspective.
Rehearsals should look to leverage scenarios based on evolving and emerging attacker techniques, tactics and procedures (TTPs), with different levels of complexity; this allows an organisation to constantly sharpen their technique and update rehearsals to reflect the current attack environment. These TTPs should be driven by an intelligence-led and risk-based approach. Additionally, organisations need to set metrics for understanding the results of rehearsals, which in turn should be used in established feedback channels to drive improvement in the organisation’s incident response.
https://www.darkreading.com/edge-articles/5-ways-security-testing-can-aid-incident-response
Ransomware’s Real Goals are to Exploit Internet Facing Apps, Mine Intellectual Property and Grab Sensitive Information
The majority of ransomware attacks in 2022 were intended to unearth personal data, mine intellectual property and grab other sensitive information rather than financial extortion or data encryption, Kaspersky said in a new report.
Most attacks started off as exploiting public facing applications (43%), data from compromised user accounts (24%) and malicious emails (12%). The goal was to snatch information the cyber crews could leverage into bigger and more lucrative scores. The report also revealed that the longest-running ransomware attacks began with the exploitation of public-facing applications, with just over 2% of them lasting for a year and more.
Organisations’ Cyber Resilience Efforts Fail to Keep Up with Evolving Threats
A steady increase in cyber attacks and an evolving threat landscape are resulting in more organisations turning their attention to building long-term cyber resilience; however, many of these programs are falling short and fail to prove teams’ real-world cyber capabilities, according to Immersive Labs. The report found that while 86% of organisations have a cyber resilience program, 52% of respondents say their organisation lacks a comprehensive approach to assessing cyber resilience.
Organisations have taken steps to deploy cyber resilience programs; however, 53% of respondents indicate the organisation’s workforce is not well-prepared for the next cyber attack and just over half say they lack a comprehensive approach to assessing cyber resilience. These statistics indicate that although cyber resilience is a priority and programs are in place, their current structure and training are ineffective.
https://www.helpnetsecurity.com/2023/05/18/cyber-resilience-programs-shortcomings/
Fraudsters Send Fake Invoice, Follow Up with Fake Executive Confirmation
Fraudsters are trying out a new approach to convince companies to pay bogus invoices: instead of hijacking existing email threads, they are creating convincing ones themselves. The fraud attempt begins with an email containing a payment request for a fake invoice. The recipient, an employee in a company’s finance department, reads the email and checks who sent it. The sender’s email address looks like it belongs to one of the company’s trusted vendors, and the VP of Finance has been CC-ed. Soon after, the “VP of Finance” replies to the email thread, and asks the employee (by name) to pay this at the earliest convenience.
Most organisations view social engineering methods as a one step process; however, threat actors are employing multiple layers. In this case, adding management to increase authenticity. Businesses looking to bolster their resilience should look to ensure that these kinds of attacks are addressed in their organisation’s user education and awareness training.
https://www.helpnetsecurity.com/2023/05/16/payment-request-fraud/
Capita Warns Customers They Should Assume Data was Stolen
Outsourcing giant Capita is warning customers to assume that their data was stolen in a cyber attack that affected its systems in early April. This includes the Universities Superannuation Scheme (USS), the largest private pension scheme in the UK, which holds pensions of over 500,000 individuals. A total of 350 UK corporate retirement schemes are believed to be impacted. The cyber attack, originally described to be a technical problem, has been reported to the UK’s Information Commissioner’s Office.
Governance, Risk and Compliance
Cyber security Often Overlooked as Key Factor for Business Success, New Study Says - MSSP Alert
Cyber Risk Management in 2023: The People Element (trendmicro.com)
Is Your Cyber security “Too” Good? (securityintelligence.com)
Cyber risk: Can banks win the arms race? | Financial Times (ft.com)
Security breaches push digital trust to the fore | CSO Online
5 Ways Security Testing Can Aid Incident Response (darkreading.com)
Organisations reporting cyber resilience are hardly resilient: Study | CSO Online
Organisations' cyber resilience efforts fail to keep up with evolving threats - Help Net Security
Keeping a competitive edge in the cyber security ‘game’ | CyberScoop
UK NCSC, ICO debunk 6 cyber attack reporting myths | CSO Online
An Executive's Guide To The Cyber crime Underground (forbes.com)
Law enforcement crackdowns and new techniques are forcing cyber criminals to pivot | CSO Online
20 Ways to Ensure Security Remains/Becomes Everyone’s Responsibility (cisoseries.com)
Talking Security Strategy: Cyber security Has a Seat at the Boardroom Table (darkreading.com)
Triple Threat: Insecure Economy, Cyber crime Recruitment and Insider Threats - SecurityWeek
Threats
Ransomware, Extortion and Destructive Attacks
Insured companies more likely to be ransomware victims, sometimes more than once | CSO Online
Ransomware payments nearly double in one year | Cyber crime | The Guardian
The Week in Ransomware - May 12th 2023 - New Gangs Emerge (bleepingcomputer.com)
New trends in ransomware attacks shape the future of cyber security - Help Net Security
ABB 'suffers cyber attack' by ransomware gang Black Basta (techmonitor.ai)
Why Amazon S3 is a ransomware target and how to protect it | TechTarget
Experts question San Bernardino's $1.1M ransom payment | TechTarget
Ransomware corrupts data, making restoration harder • The Register
CLR SqlShell Malware Targets MS SQL Servers for Crypto Mining and Ransomware (thehackernews.com)
VPN vulnerability linked to ransomware attack on Law Society: PDPC - CNA (channelnewsasia.com)
Philadelphia Inquirer operations disrupted after cyber attack (bleepingcomputer.com)
Ransomware gang steals data of 5.8 million PharMerica patients (bleepingcomputer.com)
New RA Group ransomware targets US orgs in double-extortion attacks (bleepingcomputer.com)
Ransomware Prevention – Are Meeting Password Security Requirements Enough (bleepingcomputer.com)
Qilin Ransomware Operation Outfits Affiliates With Sleek, Turnkey Cyber attacks (darkreading.com)
Ransomware-as-a-service groups pay affiliates top dollar • The Register
Russian ransomware affiliate charged with attacks on critical infrastructure (bleepingcomputer.com)
This new ransomware group is targeting big businesses - here's what you need to know | TechRadar
Warning Issued About BianLian Ransomware Attacks By CISA & FBI (informationsecuritybuzz.com)
FBI confirms BianLian ransomware switch to extortion only attacks (bleepingcomputer.com)
'Strictly limit' remote desktop to avoid BianLian ransomware • The Register
MalasLocker ransomware targets Zimbra servers, demands charity donation (bleepingcomputer.com)
Russian national indicted for ransomware attacks against the US | CSO Online
A different kind of ransomware demand: Donate to charity to get your data back | CyberScoop
Phishing & Email Based Attacks
What the Email Security Landscape Looks Like in 2023-Security Affairs
Ongoing Facebook phishing campaign without a sender and (almost) without links
Google's .zip Top Level domain is already used in phishing attacks - gHacks Tech News
New ZIP domains spark debate among cyber security experts (bleepingcomputer.com)
Exploring the tactics of phishing and scam websites in 2023 - Help Net Security
Trojan-Rigged Phishing Attacks Pepper China-Taiwan Conflict (darkreading.com)
Other Social Engineering; Smishing, Vishing, etc
Fraudsters send fake invoice, follow up with fake exec confirmation - Help Net Security
Insider threats surge across US CNI as attackers exploit human factors | CSO Online
Microsoft Teams Features Amp Up Orgs' Cyber attack Exposure (darkreading.com)
Researchers show ways to abuse Microsoft Teams accounts for lateral movement | CSO Online
Artificial Intelligence
New Google search tool will distinguish real images from AI-generated phonies | ZDNET
AI-Powered Tools Threaten Password Strength, New Study Finds - MSSP Alert
AI Is About to Be Everywhere: Where Will Regulators Be? (darkreading.com)
Generative AI Empowers Users but Challenges Security (darkreading.com)
Security Vulnerabilities of ChatGPT-Generated Code (trendmicro.com)
3 Ways Hackers Use ChatGPT to Cause Security Headaches (darkreading.com)
ChatGPT is about to revolutionize cyber security | VentureBeat
Mitigating Dark Web Risks: The Role Of AI And Machine Learning (forbes.com)
2FA/MFA
Malware
Microsoft is scanning the inside of password-protected zip files for malware | Ars Technica
XWorm Malware Exploits Follina Vulnerability in New Wave of Attacks (thehackernews.com)
Atomic malware steals Mac passwords, crypto wallets, and more • Graham Cluley
CLR SqlShell Malware Targets MS SQL Servers for Crypto Mining and Ransomware (thehackernews.com)
No more macros? No problem, say attackers, we'll adapt • The Register
The new info-stealing malware operations to watch out for (bleepingcomputer.com)
DangerousPassword - A Malware Attack Pattern to Infect Devices (gbhackers.com)
Stealthy MerDoor malware uncovered after five years of attacks (bleepingcomputer.com)
Hackers Using Golang Variant of Cobalt Strike to Target Apple macOS Systems (thehackernews.com)
New ZIP domains spark debate among cyber security experts (bleepingcomputer.com)
Infamous cyber crime marketplace offers pre-order service for stolen credentials - Help Net Security
Once Again, Malware Discovered Hidden in npm (darkreading.com)
Trojan-Rigged Phishing Attacks Pepper China-Taiwan Conflict (darkreading.com)
Mobile
Parental control app with 5 million downloads vulnerable to attacks (bleepingcomputer.com)
Apple blocked 1.7 million apps for privacy, security issues in 2022 (bleepingcomputer.com)
Converso walks back E2EE claims, yanks app from stores • The Register
OilAlpha: Emerging Houthi-linked Cyber Threat Targets Arabian Android Users (thehackernews.com)
Google Announces New Rating System for Android and Device Vulnerability Reports - SecurityWeek
Millions of Smartphones Distributed Worldwide With Preinstalled 'Guerrilla' Malware - SecurityWeek
Botnets
Latest variant of RapperBot botnet adds cryptojacking capabilities-Security Affairs
Spanish cops arrest 69 in immigration bot scheme • The Register
Denial of Service/DoS/DDOS
Internet of Things – IoT
Netgear Routers' Flaws Expose Users to Malware, Remote Attacks, and Surveillance (thehackernews.com)
Why 2.4GHz Wi-Fi is both the savior and the scourge of the smart home - The Verge
Hackers infect TP-Link router firmware to attack EU entities (bleepingcomputer.com)
Chinese Hackers Mustang Panda Attacks TP-Link Routers (informationsecuritybuzz.com)
Unpatched Wemo Smart Plug Bug Opens Countless Networks to Cyber attacks (darkreading.com)
Is your car safe from a cyber attack? | E&T Magazine (theiet.org)
Data Breaches/Leaks
UK's largest private pension scheme hit by Capita attack • The Register
Capita warns customers they should assume data was stolen (bleepingcomputer.com)
More than 2.25 Million Exposed Assets on the Dark Web Tied to Fortune 1000 Employees - MSSP Alert
MP’s laptop stolen from Welcome Break spot 'not covered by CCTV' | UK News | Metro News
Discord discloses data breach after support agent got hacked (bleepingcomputer.com)
Data of 237,000 US government employees breached - CNA (channelnewsasia.com)
Toyota: Car location data of 2 million customers exposed for ten years (bleepingcomputer.com)
Toyota's bungling of customer privacy is becoming a pattern • The Register
WordPress Plugin Vulnerability Exposed Ferrari Website to Hackers - SecurityWeek
Personal info of 90k hikers leaked by French tourism company La Malle Postale-Security Affairs
Ransomware gang steals data of 5.8 million PharMerica patients (bleepingcomputer.com)
Airline exposes passenger info to others due to a 'technical error' (bleepingcomputer.com)
University admission platform exposed student passports-Security Affairs
Millions of deleted files recovered in hard drives purchased online | TechRadar
Organised Crime & Criminal Actors
Law enforcement crackdowns and new techniques are forcing cyber criminals to pivot | CSO Online
An Executive's Guide To The Cyber crime Underground (forbes.com)
Hacker marketplace still active despite police 'takedown' claim - BBC News
How Cyber criminals Adapted to Microsoft Blocking Macros by Default (darkreading.com)
Darknet Carding Kingpin Pleads Guilty: Sold Financial Info of Tens of Thousands (thehackernews.com)
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Atomic malware steals Mac passwords, crypto wallets, and more • Graham Cluley
Hacker admits he was connected to 'tens of thousands’ laptops to mine crypto (finbold.com)
CLR SqlShell Malware Targets MS SQL Servers for Crypto Mining and Ransomware (thehackernews.com)
Latest variant of RapperBot botnet adds cryptojacking capabilities-Security Affairs
North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei | Reuters
DangerousPassword - A Malware Attack Pattern to Infect Devices (gbhackers.com)
Landmark crypto rules make exchanges liable for customer losses in EU | Ars Technica
Insider Risk and Insider Threats
Triple Threat: Insecure Economy, Cyber crime Recruitment and Insider Threats - SecurityWeek
Avoiding Reputational Damage By Conquering Insider Threats (informationsecuritybuzz.com)
Insider threats surge across US CNI as attackers exploit human factors | CSO Online
Ex-Apple engineer accused of stealing self-driving car secrets - BBC News
Identity crimes: Too many victims, limited resources - Help Net Security
Fraud, Scams & Financial Crime
Fraudsters send fake invoice, follow up with fake exec confirmation - Help Net Security
Exploring the tactics of phishing and scam websites in 2023 - Help Net Security
How To Avoid Mother's Day Scams By Protecting Your Purse And Heart (informationsecuritybuzz.com)
Spanish cops arrest 69 in immigration bot scheme • The Register
Admin of the darknet carding platform Skynet Market pleads guilty-Security Affairs
18-year-old charged with hacking 60,000 sports betting accounts (bleepingcomputer.com)
AML/CFT/Sanctions
Insurance
Dark Web
Hacker marketplace still active despite police 'takedown' claim - BBC News
Infamous cyber crime marketplace offers pre-order service for stolen credentials - Help Net Security
Darknet Carding Kingpin Pleads Guilty: Sold Financial Info of Tens of Thousands (thehackernews.com)
Mitigating Dark Web Risks: The Role Of AI And Machine Learning (forbes.com)
Supply Chain and Third Parties
Capita warns customers they should assume data was stolen (bleepingcomputer.com)
Capita hit by new data breach incident | Financial Times (ft.com)
Another security calamity for Capita: Unsecured AWS bucket • The Register
UK's largest private pension scheme hit by Capita attack • The Register
Discord Informs Users of Data Breach Involving Customer Support Provider - SecurityWeek
Preparing for federal supply chain security standardization - Help Net Security
Software Supply Chain
Cloud/SaaS
Security experts share cloud auditing best practices | TechTarget
Stop worrying about cloud-lock-in, and outages: Gartner • The Register
Microsoft Azure VMs Hijacked in Cloud Cyber attack (darkreading.com)
Why High Tech Companies Struggle with SaaS Security (thehackernews.com)
Capita hit by new data breach incident | Financial Times (ft.com)
Why Amazon S3 is a ransomware target and how to protect it | TechTarget
Microsoft lets Azure AD choose authentication method • The Register
Encryption
Converso walks back E2EE claims, yanks app from stores • The Register
Protect against current and future threats with encryption | TechTarget
API
Open Source
EU attempts to secure software could hurt open source • The Register
CISA: Several Old Linux Vulnerabilities Exploited in Attacks - SecurityWeek
Open-source Cobalt Strike port 'Geacon' used in macOS attacks (bleepingcomputer.com)
Malicious open-source components threatening digital infrastructure - Help Net Security
Passwords, Credential Stuffing & Brute Force Attacks
Time Taken For Hackers to Crack Passwords Revealed - IT Security Guru
AI-Powered Tools Threaten Password Strength, New Study Finds - MSSP Alert
Passkeys may not be for you, but they are safe and easy—here’s why | Ars Technica
Ransomware Prevention – Are Meeting Password Security Requirements Enough (bleepingcomputer.com)
KeePass 2.X Master Password Dumper allows retrieving the KeePass master password-Security Affairs
Social Media
Former TikTok official says China had access to app data | Al Arabiya English
Ongoing Facebook phishing campaign without a sender and (almost) without links
Twitter wrong to block tweets during Turkey election - Wikipedia founder - BBC News
Twitter sued over Saudi spying that allegedly landed popular user in prison [Updated] | Ars Technica
Training, Education and Awareness
Parental Controls and Child Safety
Regulations, Fines and Legislation
EU attempts to secure software could hurt open source • The Register
AI Is About to Be Everywhere: Where Will Regulators Be? (darkreading.com)
Preparing for federal supply chain security standardization - Help Net Security
Secure Disposal
Careers, Working in Cyber and Information Security
Open source and Linux skills are still in demand in a dark economy | ZDNET
Top 10 Ideas for Addressing the Cyber security Skills Gap in 2023 (analyticsinsight.net)
Google Cloud CISO on why the Google Cyber security Certificate matters - Help Net Security
Law Enforcement Action and Take Downs
Law enforcement crackdowns and new techniques are forcing cyber criminals to pivot | CSO Online
Hacker marketplace still active despite police 'takedown' claim - BBC News
Spanish cops arrest 69 in immigration bot scheme • The Register
Identity crimes: Too many victims, limited resources - Help Net Security
Darknet Carding Kingpin Pleads Guilty: Sold Financial Info of Tens of Thousands (thehackernews.com)
Admin of the darknet carding platform Skynet Market pleads guilty-Security Affairs
18-year-old charged with hacking 60,000 sports betting accounts (bleepingcomputer.com)
Russian national indicted for ransomware attacks against the US | CSO Online
Privacy, Surveillance and Mass Monitoring
The UK’s Secretive Web Surveillance Program Is Ramping Up | WIRED
WhatsApp allows users to lock sensitive chats - Help Net Security
Apple blocked 1.7 million apps for privacy, security issues in 2022 (bleepingcomputer.com)
Google details its next steps for wiping out Chrome tracking cookies | Engadget
Misinformation, Disinformation and Propaganda
Pakistan shut down the internet - but that didn't stop the protests - BBC News
Twitter wrong to block tweets during Turkey election - Wikipedia founder - BBC News
Spyware, Cyber Espionage & Cyber Warfare, including Russian Invasion of Ukraine
Nation State Actors
Former TikTok official says China had access to app data | Al Arabiya English
Gatewatcher unveils research into advanced persistent threats | Data Centre Solutions
How China came to dominate the black market for money laundering (telegraph.co.uk)
North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei | Reuters
Hackers infect TP-Link router firmware to attack EU entities (bleepingcomputer.com)
Chinese Hackers Mustang Panda Attacks TP-Link Routers (informationsecuritybuzz.com)
Cyble — Cisco Routers Exploited by Russian State-Sponsored Attackers
DOJ links Iran, China and Russia to five IP theft-related cases | SC Media (scmagazine.com)
Trojan-Rigged Phishing Attacks Pepper China-Taiwan Conflict (darkreading.com)
Vulnerability Management
Microsoft will take nearly a year to finish patching new 0-day Secure Boot bug | Ars Technica
Remote updates on motherboards could lead to bricked servers • The Register
Hacking Groups Rapidly Weaponizing N-Day Vulnerabilities (gbhackers.com)
CISA: Several Old Linux Vulnerabilities Exploited in Attacks - SecurityWeek
How to build a better vulnerability management program | TechTarget
Google Announces New Rating System for Android and Device Vulnerability Reports - SecurityWeek
How to Protect Your Organisation From Vulnerabilities (darkreading.com)
Vulnerabilities
Hackers target Wordpress plugin flaw after PoC exploit released (bleepingcomputer.com)
Critical Flaws in Cisco Small Business Switches Could Allow Remote Attacks (thehackernews.com)
KeePass flaw allows retrieval of master password, PoC is public (CVE-2023-32784) - Help Net Security
Apple fixes three new zero-days exploited to hack iPhones, Macs (bleepingcomputer.com)
XWorm Malware Exploits Follina Vulnerability in New Wave of Attacks (thehackernews.com)
Details Disclosed for Exploit Chain That Allows Hacking of Netgear Routers - SecurityWeek
Arm confident Cortex-M is secure after side-channel attack • The Register
Microsoft Follina Bug Is Back in Meme-Themed Cyber attacks Against Travel Orgs (darkreading.com)
CISA: Several Old Linux Vulnerabilities Exploited in Attacks - SecurityWeek
Remote updates on motherboards could lead to bricked servers • The Register
Microsoft will take nearly a year to finish patching new 0-day Secure Boot bug | Ars Technica
Microsoft pulls Defender update fixing Windows LSA Protection bug (bleepingcomputer.com)
WordPress 6.2.1 Released with Fixes for 5 Security Vulnerabilities – WP Tavern
Cisco Says PoC Exploits Available for Newly Patched Enterprise Switch Vulnerabilities - SecurityWeek
Tools and Controls
Organisations' cyber resilience efforts fail to keep up with evolving threats - Help Net Security
Hacking Groups Rapidly Weaponizing N-Day Vulnerabilities (gbhackers.com)
5 Ways Security Testing Can Aid Incident Response (darkreading.com)
Organisations reporting cyber resilience are hardly resilient: Study | CSO Online
Passkeys may not be for you, but they are safe and easy—here’s why | Ars Technica
The Ultimate Guide to Multi-Factor Authentication - Security Boulevard
Open-source Cobalt Strike port 'Geacon' used in macOS attacks (bleepingcomputer.com)
Protect against current and future threats with encryption | TechTarget
Can AI Decision-Making Be Trusted for Cyber security? (analyticsinsight.net)
'Strictly limit' remote desktop to avoid BianLian ransomware • The Register
Millions of deleted files recovered in hard drives purchased online | TechRadar
Key Metrics In Evaluating DevOps Threat Matrix (informationsecuritybuzz.com)
ChatGPT is about to revolutionize cyber security | VentureBeat
A Requirements-Driven Approach to Cyber Threat Intelligence | Mandiant
Embedding Security by Design: A Shared Responsibility (darkreading.com)
Reports Published in the Last Week
Other News
Heightened cyber attacks threat before Council of Europe summit in Reykjavik – EURACTIV.com
12 common network protocols and their functions explained | TechTarget
Pentagon Hacking Fears Fueled by Microsoft's Monopoly on Military IT (newsweek.com)
Ukraine, Ireland, Japan and Iceland join NATO CCDCOE-Security Affairs
Web entity activity reveals insights into internet security - Help Net Security
Microsoft Security highlights from RSAC 2023 - Microsoft Security Blog
Top 5 Cyber security Predictions and Statistics for 2023 (analyticsinsight.net)
No more macros? No problem, say attackers, we'll adapt • The Register
Researchers show ways to abuse Microsoft Teams accounts for lateral movement | CSO Online
Rebinding Attacks Persist With Spotty Browser Defences (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.
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· 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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