Black Arrow Cyber Threat Briefing 30 July 2021

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

Top Cyber Stories of the Last Week

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Many Workers Ignore Security Risks To Maximize Productivity

A large proportion of employees often take shortcuts to optimize productivity at work, despite understanding the security risks, new data suggests. According to a survey which polled 8,000 workers worldwide, almost four in five (79%) have engaged in one or more “risky activity” in the past twelve months. In a third of cases (35%), this involved saving passwords to their browser. A similar percentage admitted to using a single password across multiple online accounts, while 23% connected personal devices to corporate networks.

https://www.itproportal.com/news/many-workers-ignore-security-risks-to-maximize-productivity/

Financial Services Accounting For Nearly 40% Of All Phishing URLs

A report was released for H1 2021, which revealed that there has been a major jump in phishing attacks since the start of the year with a 281 percent spike in May and another 284 percent increase in June, for a total of 4.2 billion phishing emails detected for June alone. For this 6-month window researchers identified Crédit Agricole as the most impersonated brand, with 17,555 unique phishing URLs, followed by Facebook, with 17,338, and Microsoft, with 12,777.

https://www.helpnetsecurity.com/2021/07/22/financial-services-phishing/

Half Of Organisations Are Ineffective At Countering Phishing And Ransomware Threats

Half of organisations are not effective at countering phishing and ransomware threats. The findings come from a study compiled from interviews with 130 cyber security professionals in mid-sized and large organisations. “Phishing and ransomware were already critical enterprise security risks even before the pandemic hit and, as this report shows, the advent of mass remote working has increased the pressure of these threats,”. “Organisations need multi-layered defences in place to mitigate these risks.”

https://www.helpnetsecurity.com/2021/07/19/countering-phishing-and-ransomware/

36% Of Organisations Suffered A Serious Cloud Security Data Leak Or A Breach In The Past Year

As cloud adoption accelerates and the scale of cloud environments grows, engineering and security teams say that risks—and the costs of addressing them—are increasing. The findings are part of the State of Cloud Security 2021 survey. The survey of 300 cloud pros (including cloud engineers; security engineers; DevOps; architects) found that 36% of organisations suffered a serious cloud security data leak or a breach in the past 12 months, and eight out of ten are worried that they’re vulnerable to a major data breach related to cloud misconfiguration. 64% say the problem will get worse or remain unchanged over the next year.

https://www.helpnetsecurity.com/2021/07/27/cloud-security-data-leak/

HP Finds 75% Of Threats Were Delivered By Email In First Six Months Of 2021

According to the latest HP Report, email is still the most popular way for malware and other threats to be delivered, with more than 75% of threats being sent through email messages.  The report -- covering the first half of 2021 -- is compiled based on customers who opt to share their threat alerts with the company. HP's researchers found that there has been a 65% rise in the use of hacking tools downloaded from underground forums and filesharing websites from H2 2020 to H1 2021. Some of the tools can solve CAPTCHA challenges using computer vision techniques.

https://www.zdnet.com/article/hp-finds-75-of-threats-were-delivered-by-email-in-first-six-months-of-2021/

Data Breach Costs Hit Record High Due To Pandemic

Data breaches have always proved costly for victimized organisations. But the coronavirus pandemic made a bad situation even worse. A report released Wednesday looks at how and why the average cost of dealing with a data breach has jumped to a new high. The average cost of a data breach among companies surveyed reached $4.24 million per incident, the highest in 17 years.

https://www.techrepublic.com/article/data-breach-costs-hit-record-high-due-to-pandemic/

Top 30 Critical Security Vulnerabilities Most Exploited By Hackers

Intelligence agencies in Australia, the U.K., and the U.S. issued a joint advisory on Wednesday detailing the most exploited vulnerabilities in 2020 and 2021, once again demonstrating how threat actors can swiftly weaponize publicly disclosed flaws to their advantage. The top 30 vulnerabilities span a wide range of software, including remote work, virtual private networks (VPNs), and cloud-based technologies, that cover a broad spectrum of products from Microsoft, VMware, Pulse Secure, Fortinet, Accellion, Citrix, F5 Big IP, Atlassian, and Drupal.

https://thehackernews.com/2021/07/top-30-critical-security.html

Average Time To Fix High Severity Vulnerabilities Grows From 197 Days To 246 Days In 6 Months: Report

A recent report has found that the remediation rate for severe vulnerabilities is on the decline, while the average time to fix is on the rise. The report, which is compiled monthly, covers window of exposure, vulnerability by class and time to fix. The latest report found that the window of exposure for applications has increased over the last six months while the top-5 vulnerability classes by prevalence remain constant, which the researchers behind the report said was a "systematic failure to address these well-known vulnerabilities." According to researchers, the time to fix vulnerabilities has dropped 3 days, from 205 days to 202 days. The average time to fix is 202 days, the report found, representing an increase from 197 days at the beginning of the year. The average time to fix for high vulnerabilities grew from 194 days at the beginning of the year to 246 days at the end of June.

https://www.zdnet.com/article/average-time-to-fix-high-vulnerabilities-grows-from-197-days-to-246-days-in-6-months-report/

Why Remote Working Leaves Us Vulnerable To Cyber Attacks

An industry survey found 56% of senior IT technicians believe their employees have picked up bad cyber security habits while working from home. For Example. A cyber-crime group known as REvil took meticulous care when picking the timing for its most recent attack - US Independence Day, 4 July. They knew many IT specialists and cyber-security experts would be on leave, enjoying a long weekend off work. Before long, more than 1,000 companies in the US, and at least 17 other countries, were under attack from hackers. Many firms were forced into a costly downtime period as a result. Among those targeted during the incident was a well-known software provider, Kaseya. REvil used Kaseya as a conduit to spread its ransomware - a malware that can scramble and steal an organisation's computer data - through other corporate and cloud-based networks that use the software.

https://www.bbc.co.uk/news/business-57847652

Stop Mitigating Cyber Security Threats And Start Preventing Them

The impacts of a successful cyber attack can be devastating. Through multiple forms of extortion, criminals can use stolen data and other business-critical assets, including sensitive financial and customer data to hold companies hostage with just one campaign. The average cost of a phishing attack last year was $832,500, with zero-day attacks costing around $1,238,000. Spending this amount of money to recover from a cyber attack could bring a company to its knees. Today’s cyber attacks present very real existential threats to businesses and C-level executives are beginning to fully realize the gravity of these threats. It is critical that organizations invest in solutions that are going to help stop these attackers before they enter their environments.

https://www.itproportal.com/features/stop-mitigating-cybersecurity-threats-and-start-preventing-them/

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Threats

Ransomware

• Babuk Ransomware Decryptor Causes Encryption 'Beyond Repair'

• Ransomware Can Penetrate Quickly, Significantly Damaging An Organisation

• BlackMatter Ransomware Targets Companies With Revenue Of $100 Million And More

• LockBit Ransomware Now Encrypts Windows Domains Using Group Policies

• FBI Tracking More Than 100 Active Ransomware Groups

• The World's Top Ransomware Gangs Have created A cyber Crime "Cartel"

Social Engineering

• Average Organisation Targeted By Over 700 Social Engineering Attacks Each Year: Report

• These Hackers Built An Elaborate Online Profile To Fool Their Targets Into Downloading Malware

• FIN7’s Liquor Lure Compromises Law Firm With Backdoor

Malware

• Cisco Researchers Spotlight Solarmarker Malware

• Hackers Exploit Microsoft Browser Bug To Deploy VBA Malware On Targeted PCs

• Some Windows 11 Installers Infect Your PC With Malware

• Microsoft Warns Of LemonDuck Malware Targeting Windows and Linux Systems

• Discord CDN And API Abuses Drive Wave Of Malware Detections

• Japanese Computers Hit By A Wiper Malware Ahead Of 2021 Tokyo Olympics

Mobile

• New Android Malware Uses VNC To Spy And Steal Passwords From Victims

• UBEL Is The New Oscorp — Android Credential Stealing Malware Active In The Wild

Vulnerabilities

• Microsoft Warns Of Credential Stealing NTLM Relay Attacks Against Windows Domain Controllers

• VPN Servers Seized By Ukrainian Authorities Weren’t Encrypted

• Web Applications Have Become A Security Liability

• Hackers Have Found Yet Another Way To Attack Kubernetes Clusters

• Windows 10 Printer Problems Persist Following Latest Security Update

• Microsoft Rushes Fix For ‘PetitPotam’ Attack PoC

• Apple Releases Urgent 0-Day Bug Patch For Mac, iPhone And iPad Devices

• Researchers Warn Of Unpatched Kaseya Unitrends Backup Vulnerabilities

• New Linux Kernel Bug Lets You Get Root On Most Modern Distros

• Dozens Of Web Apps Vulnerable To DNS Cache Poisoning Via ‘Forgot Password’ Feature

• Nasty MacOS Malware XCSSET Now Targets Google Chrome, Telegram Software

Data Breaches

• Over 80 US Municipalities’ Sensitive Information, Including Resident’s Personal Data, Left Vulnerable In Massive Data Breach

• Gun Owners' Fears After Firearms Dealer Data Breach

Organised Crime & Criminal Actors

• Threat Actor Offers Clubhouse Secret Database Containing 3.8b Phone Numbers

• Number Of Hacking Tools Increasing As Cyber Criminals Become More Organised

Dark Web

• How The Dark Web Enables Access To Corporate Networks

Supply Chain

• Kaseya Denies Paying Ransom For Decryptor, Refuses Comment On NDA

DoS/DDoS

• DSoS Attacks Are Up, With Ever-Greater Network Impact

Nation State Actors

• Chinese Hackers Implant PlugX Variant On Compromised MS Exchange Servers

• APT Group Hits IIS Web Servers With Deserialization Flaws And Memory-Resident Malware

Privacy

• Behind The Mercenary Spyware Industry

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Reports Published in the Last Week

• DDoS Attack Trends For 2021 Q2

• Spear Phishing: Top Threats And Trends Volume 6

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Other News

• PunkSpider—The Search Engine For Web Exploits—Rises From the Dead

• Biden Warns A ‘Real Shooting War’ Could Come From Cyber Breach

• Hackers Turning To 'Exotic' Programming Languages For Malware Development

• Discord Is Now An Essential Tool For Hackers

• Research Roadblock? Security Pros Weigh In On China’s New Vulnerability Disclosure Law

• For Hackers, Space Is The Final Frontier

• A DNS Outage Just Took Down A Large Chunk Of The Internet

• Ireland Sees Biggest Rise In Cyber Security Attacks

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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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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.

Is Just Purchasing Cyber Security Tools Enough? - Cyber Tip Tuesday

Welcome to this week's Black Arrow Cyber Tip Tuesday, this week James is talking about how purchasing security tools does not in itself increase security.

It’s fair to say that there are plenty of things you can do for little or no cost that will greatly decrease your attack surface or increase your security posture. With the sheer number of products on offer promising a complete solution, it’s easy to fall in to the trap of wanting a quick fix for security. However, simply purchasing a product is unlikely to offer any benefit without appropriate configuration or in many cases the expertise to interpret the output.

A good example is Microsoft 365 which offers many passive security features as well as some of the most accessible and competitive security tools on the market for businesses of all sizes. However, in order to take advantage of these features they must first be configured and then maintained and monitored with oversight by a security specialist.

Security is not a tool or even a collection of tools but a mindset of deliberate and regular actions.

If you'd like to know more about how you can protect yourself or your company, contact us today.

Cyber Tip Tuesday for 14 January - No Technical Tool or Tools offer 100% Protection

Today we are talking about tools, as no tool, or suite of tools, can offer one hundred percent protection, after all anything man made can be man broken!

Even if a tool did offer complete protection today there will be teams of people around the world working around the clock to break it.

Anyone who says they rest easy or who says they sleep well at night because they have a particular tool is likely overconfident in that tool's ability to keep them safe.

Multiple layers of protection are needed and any technical solution still needs to be backed up with robust people and governance controls.

We can analyse your protections to see where your weaknesses might exist, and we can help shore up people and governance controls too.