Black Arrow Cyber Threat Briefing 28 May 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.

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Top Cyber Stories of the Last Week

Cyber Insurance Firms Start Tapping Out As Ransomware Continues To Rise

In early May, global insurer AXA made a landmark policy decision: The company would stop reimbursing French companies for ransomware payments to cyber criminals. The decision, which reportedly came after French authorities questioned whether the practice had fuelled the current epidemic in ransomware attacks, may be just the beginning of a general retreat that will force companies to reconsider their attempts to outsource cyber-risk to insurance firms. Already, the massive damages from one damaging crypto worm, NotPetya, caused multiple lawsuits when insurers refused to pay out on cyber insurance claims.

https://www.darkreading.com/risk/cyber-insurance-firms-start-tapping-out-as-ransomware-continues-to-rise/d/d-id/1341109

Irish Health Service Faces Final Bill Of At Least €100M Following Cyber Attack

The cyber attack on IT systems in the health service will cost it at least €100 million, according to chief executive Paul Reid. This is at the lower end of estimates of the total cost, he indicated, and includes the cost of restoring the network, upgrading systems to Microsoft 365 and the disruption caused to patients. Appointments for about 7,000 patients a day are being cancelled, almost two weeks after a criminal gang hacked the HSE systems. Mr Reid said the HSE was keen to see an independent and objective assessment of the cyber attack.

https://www.irishtimes.com/news/health/cyberattack-hse-faces-final-bill-of-at-least-100m-1.4577076

Ransomware: Dramatic Increase In Attacks Is Causing Harm On A Significant Scale

A dramatic increase in the number of ransomware attacks and their severity is causing harm on a significant scale, the UK's National Crime Agency (NCA) has warned. The NCA's annual National Strategic Assessment (NSA) of Serious and Organised Crime details how the overall threat from cyber crime has increased during the past year, with more severe and high-profile attacks against victims. Ransomware attacks have grown in frequency and impact over the course of the last year, to such an extent that they rank alongside other major crimes "causing harm to our citizens and communities on a significant scale," warns the report.

https://www.zdnet.com/article/ransomware-dramatic-increase-in-attacks-is-causing-harm-on-a-significant-scale/

Deepfakes Could Be The Next Big Security Threat To Businesses

An overwhelming majority of businesses say that manipulated online content and media such as deepfakes are a serious security risk to their organisation. Deepfakes have already been shown to pose a threat to people portrayed in the manipulated videos, and could have serious repercussions when the individual holds a position of importance, be it as a leader of a country, or a leader of an enterprise. Earlier in 2021, the FBI’s cyber division warned that deepfakes are a critical emerging threat that can be used in all manners of social engineering attacks including ones aimed at businesses.

https://www.techradar.com/news/deepfakes-could-be-the-next-big-security-threat-to-businesses

Ransomware: Two-Thirds Of Organisations Say They'll Take Action To Boost Their Defences

The severe disruption caused by the Colonial Pipeline ransomware attack has alerted organisations to the need to bolster their defences against cyber attacks – and two-thirds are set to take actions required to prevent them becoming another ransomware victim following the incident. The ransomware attack against Colonial Pipeline – one of the largest pipeline operators in the United States, providing almost half of the East Coast's fuel – caused disruption to operations and led to gas shortages, demonstrating how cyber attacks can have physical consequences.

https://www.zdnet.com/article/ransomware-two-thirds-of-organisations-say-theyll-take-action-to-boost-their-defences/

The 10 Most Dangerous Cyber Threat Actors

When hacking began many decades ago, it was mostly the work of enthusiasts fuelled by their passion for learning everything they could about computers and networks. Today, nation-state actors are developing increasingly sophisticated cyber espionage tools, while cyber criminals are cashing in millions of dollars targeting everything from Fortune 500 companies to hospitals. Cyber attacks have never been more complex, more profitable, and perhaps even more baffling. At times, drawing clear lines between different kinds of activities is a challenging task. Nation-states sometimes partner with each other for a common goal, and sometimes they even appear to be working in tandem with cyber criminal gangs.

https://www.csoonline.com/article/3619011/the-10-most-dangerous-cyber-threat-actors.html

Cyber Security Leaders Lacking Basic Cyber Hygiene

Constella Intelligence released the results of a survey that unlocks the behaviours and tendencies that characterize how vigilant organisations’ leaders are when it comes to reducing cyber vulnerability, allowing the industry to better understand how social media is leveraged as an attack vector and how leaders are responding to this challenge. The findings from the survey, which polled over 100 global cyber security leaders, senior-level to C-suite, across all major industries, including financial services, technology, healthcare, retail, and telecommunications, revealed that 57% have suffered an account takeover (ATO) attack in their personal lives—most frequently through email (52%), followed by LinkedIn (31%) and Facebook (26%).

https://www.helpnetsecurity.com/2021/05/26/cybersecurity-leaders-cyber-hygiene/

Watch Out: Crypto Jacking Is On The Rise Again

During the last year, though, malicious crypto mining has seen a resurgence, with NTT’s 2021 Global Threat Intelligence Report, published this month, revealing that crypto miners have now overtaken spyware as the world’s most common malware. Crypto miners, says NTT, made up 41% of all detected malware in 2020, and were most widely found in Europe, the Middle East, Africa, and the Americas. The most common coinminer variant was XMRig, which infects a user’s computer to mine Monero, accounting for 82% of all mining activity. Others included Crypto miner and XMR-Stack.

https://cybernews.com/security/watch-out-cryptojacking-is-on-the-rise-again/

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Threats

Ransomware

• Ransomware Attacks Are Becoming More Common – How Do We Stop Them?

• Ryuk Ransomware Operators Shift Tactics To Target Victims

• Bose Confirms Ransomware Attack That Exposed Employee Data

• Russian To Be Deported After Failed Tesla Ransomware Plot

• Ransomware Attack Halts Child Protection Court Cases

• FBI Warns Of Conti Ransomware Attacks Against Healthcare Organisations

• HSE Cyber Attack Has Had ‘Devastating Impact’, Cancer Services Director Says

Phishing

• Financial Spear-Phishing Campaigns Pushing RATs

• This Massive Phishing Campaign Delivers Password-Stealing Malware Disguised As Ransomware

Other Social Engineering

• NatWest Launches 'Urgent' Crypto Currency Scam Alert

• Eight Men Arrested Over Royal Mail Delivery Scam Texts

• Fake Amazon Order Emails Lead To Vishing

Malware

• This Fake Streaming Service Will Spread Malware

• This Ransomware-Spreading Malware Botnet Just Will Not Go Away

Mobile

• New Malware Plunders Dutch Android Users’ Bank Accounts

IOT

• Hackers Can Use Smart Plugs To Break Into Your Home Network

Vulnerabilities

• VMware Sounds Ransomware Alarm Over Critical Severity Bug

• Trend Micro Bugs Threaten Home Network Security

• Digging Into A Ubiquiti Firmware Update Bug

• “Unpatchable” Vuln In Apple’s New MAC Chip – What You Need To Know

• PDF Feature ‘Certified’ Widely Vulnerable To Attack

• SonicWall urges customers to 'immediately' patch NSM On-Prem bug

• FBI Issues Warning About Fortinet Vulnerabilities After Apt Group Hacks Local Gov’t Office

• Restaurant Reservation System Patches Easy-To-Exploit XSS Bug

• Bluetooth Flaws Allow Attackers To Impersonate Legitimate Devices

Data Breaches

• UK Police Suffered Thousands Of Data Breaches In 2020

• Air India Cyber Attack: Personal Data Of Over 4.5 Million Passengers Leaked

Organised Crime & Criminal Actors

• ‘Privateer’ Threat Actors Emerge From Cyber Crime Swamp

Cryptocurrency

• Crypto Currency Crackdown Will not Stop Ransomware, CISA Official Says

• Watch Out: Crypto Jacking Is On The Rise Again

• Bitcoin Mine Found Stealing Electricity

Dark Web

• French Authorities Seize Their Third Dark Web Marketplace

OT, ICS, IIoT and SCADA

• Cyber Attacks On Operational Technology Are On The Rise

• UK Prepares For Ransomware Attacks On Pipelines

Nation State Actors

• Threat Actor ‘Agrius’ Emerges To Launch Wiper Attacks Against Israeli Targets

• Russian Group Behind SolarWinds Spy Campaign Conduct New Cyber Attacks

• Belgium Uproots Cyber Espionage Campaign With Suspected Ties To China

Privacy

• Employers Are Watching Remote Workers And They Are Monitoring These Activities

• GCHQ’s Mass Data Interception Violated Right To Privacy, Court Rules

• Amazon Devices Will Soon Automatically Share Your Internet With Neighbours

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Reports Published in the Last Week

• Report: Cloud Security Breaches Surpass On-Prem Ones For The First Time

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Other News

• Enemy Hackers Target NATO With Constant Cyber Attacks

• Security Is An Architectural Issue: Why The Principles Of Zero Trust And Least Privilege Matter So Much Right Now

• GDPR Is Being Used As A Bureaucratic Dodge To Avoid Public Scrutiny

• UK Universities To Be Offered Advice On National Security Threats

• How Hacking Became A Professional Service In Russia

• A Chinese Hacking Competition May Have Given Beijing New Ways To Spy On The Uyghurs

• 'Did Weak WiFi Password Lead The Police To Our Door?'

• How Much Economic Damage Would Be Done If A Cyber Attack Took Out The Internet?

• German Cyber Security Chief Fears Hackers Could Target Hospitals

• How The Post-Pandemic World Will Challenge CISOs

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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.

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

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

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 21 May 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.

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Top Cyber Stories of the Last Week

5 Reasons Why Enterprises Need Cyber Security Awareness And Training

Research shows that most cyber attacks rely on exploiting the human factor with the help of creative and innovative phishing techniques and other attack vectors. Almost 90% of all data breaches are caused due to human error. Therefore, even if an organisation has a robust cyber security infrastructure in place, the absence of cyber security awareness among employees can leave a huge gap in its cyber security framework. This gap can be easily exploited by cyber criminals to launch various types of cyber attacks. Hence, cyber security awareness and training are very much needed for any enterprise to secure it against cyber attacks.

https://securityboulevard.com/2021/04/5-reasons-why-enterprises-need-cyber-security-awareness-and-training/

Ban Ransom Payments To Hackers, Urges Ex-GCHQ Boss

Britain’s former cyber security chief has called for a ban on ransomware payments after the Irish health service became the latest to be hit by a major attack from international criminals. Ciaran Martin, the founding chief executive of GCHQ’s National Cyber Security Centre (NCSC), said that making payments illegal would help to break the lucrative global hacking business model. Martin said that businesses were helping to fund the organised criminals who locked and stole their data. “At the moment you can pay to make it quietly go away. There’s no legal obligations involved,” he said. “There’s no obligation to report to anybody, there’s no traceability of payment of crypto currency. We have allowed this to spiral in an invisible way.”

https://www.thetimes.co.uk/article/stop-paying-hackers-ransom-demands-ex-gchq-cybersecurity-chief-warns-323fqg8zt

Ransomware’s New Swindle: Triple Extortion

Ransomware attacks are exploding at a staggering rate, and so are the ransoms being demanded. Now experts are warning against a new threat — triple extortion — which means that attackers are expanding out to demand payments from customers, partners and other third parties related to the initial breach to grab even more cash for their crimes. Check Point’s latest ransomware report found that over the past year, ransomware payments have spiked by 171 percent, averaging about $310,000 — and that globally, the number of attacks has surged by 102 percent.

https://threatpost.com/ransomwares-swindle-triple-extortion/166149/

‘It’s A Battle, It’s Warfare’: Experts Seek To Defeat Ransomware Attackers

Cyber security experts like to joke that the hackers who have turned ransomware attacks into a multibillion-dollar industry are often more professional than even their biggest victims. Ransomware attacks — when cyber attackers lock up their target’s computer systems or data until a ransom is paid — returned to the spotlight this week after attacks hit one of the biggest petroleum pipelines in the US, Toshiba’s European business, and Ireland’s health service. While governments have pledged to tackle the problem, experts said the criminal gangs have become more enterprising and continue to have the upper hand. For businesses, they said, there is more pain to come. “This is probably the biggest conundrum in security because companies have to decide how far they participate in this cat-and-mouse game,” said Myrna Soto, former chief strategy and trust officer at Forcepoint and current board member of gas and electricity group Consumers Energy. “It’s a battle, it’s warfare, to be honest.”

https://www.ft.com/content/b48a2d70-4a8c-4407-83a2-59cd055068f8

Colonial Pipeline Boss Confirms $4.4M Ransom Payment

Its boss told the Wall Street Journal he authorised the payment on 7 May because of uncertainty over how long the shutdown would continue. "I know that's a highly controversial decision," Joseph Blount said in his first interview since the hack. The 5,500-mile (8,900-km) pipeline carries 2.5 million barrels a day. According to the firm, it carries 45% of the East Coast's supply of diesel, petrol and jet fuel. Chief executive Mr Blount told the newspaper that the firm decided to pay the ransom after discussions with experts who had previously dealt with DarkSide, the criminal organisation behind the attack.

https://www.bbc.co.uk/news/business-57178503

10 Emerging Cyber Security Trends To Watch In 2021

A flurry of new threats, technologies and business models have emerged in the cyber security space as the world shifted to a remote work model in response to the COVID-19 pandemic. The lack of a network perimeter in this new world accelerated the adoption of SASE (secure access service edge), zero trust and XDR (extended detection and response) to ensure remote users and their data are protected. Adversaries have taken advantage of the complexity introduced by newly remote workforces to falsely impersonate legitimate users through credential theft and have upped the ante by targeting customers in the victim’s supply chain. The ability to monetize ransomware attacks by threatening to publicly leak victim data has made it more lucrative, while employers continue to fend off insiders with an agenda.

https://www.crn.com/news/security/10-emerging-cybersecurity-trends-to-watch-in-2021

How Penetration Testing Can Promote A False Sense Of Security

Rob Gurzeev is concerned about blind spots—past and present. In his DarkReading article Defending the Castle: How World History Can Teach Cyber security a Lesson, Gurzeev mentioned, "Military battles bring direct lessons and, I find, often serve as a reminder that attack surface blind spots have been an Achilles' heel for defenders for a long time." "Cyber security attackers follow this same principle today," wrote Gurzeev. "Companies typically have a sizable number of IT assets within their external attack surface they neither monitor nor defend and probably do not know about in the first place."

https://www.techrepublic.com/article/how-penetration-testing-can-promote-a-false-sense-of-security/

Ransomware Attacks Are Only Getting Worse, Darkside Group "Quits," But That May Just Be A Strategy

Earlier this month, a hacker group named DarkSide launched a ransomware attack against the business network of the Colonial Pipeline, forcing the company to shut down the 5,500-mile main pipeline and leading to fuel shortages in 17 states and Washington DC last week. According to a Bloomberg report, Colonial paid 75 Bitcoin (around $5 million on the day of the transaction) in ransom to the Eastern European hackers, but officially the company has maintained a different narrative of not having any intention of paying the extortion fee in crypto currency, as the DarkSide group had demanded. However, the Georgia-based company is said to have made the payment within hours of the attack, possibly using a cyber insurance policy to cover it.

https://www.techspot.com/news/89689-ransomware-attacks-only-getting-worse-darkside-group-quits.html

Learning From Cyber Attacks Could Be The Key To Stopping Them

Organisations should use major cyber incidents as a way to think through the core of their security strategies in order to prevent or recover better from similar attacks. "A significant cyber incident is really an opportunity; because it's an opportunity to focus on the core issues that led to these cyber incidents," said Anne Neuberger, deputy national security advisor for cyber and emerging technology at the White House, speaking at the UK National Cyber Security Centre's (NCSC) CYBERUK 21 virtual conference. Neuberger said that whether it's something like the SolarWinds sophisticated supply chain attack or the Colonial Pipeline ransomware incident, "we know that vulnerabilities across software and hardware can bring on larger concerns", but that looking at the core issues can help everyone improve their security.

https://www.zdnet.com/article/learning-from-cyber-attacks-could-be-the-key-to-stopping-them/

Microsoft Remote Desktop Protocol (RDP) Allegedly Has An Alarming Active Vulnerability

The Remote Desktop Protocol (RDP) is an incredibly useful feature used by likely millions of people every day. Considering it is free and preinstalled from Microsoft, it beats out most other Windows-based remote desktop software with ease. This, however, does not give it a free pass from having flaws; however, as a security researcher has discovered his password in cleartext within the RDP service’s memory. Researcher Jonas Lykkegård of the Secret Club, a group of hackers, seems to stumble across interesting things from time to time. He recently posted to Twitter about finding a password in cleartext in memory after using the RDP service. It seems he could not believe what he had found, as he tested it again and produced the same results using a new local account.

https://hothardware.com/news/remote-desktop-protocol-storing-passwords-in-cleartext-in-accessible-memory

Amazon’s Ring Is The Largest Civilian Surveillance Network The US Has Ever Seen

In a 2020 letter to management, Max Eliaser, an Amazon software engineer, said Ring is “simply not compatible with a free society”. We should take his claim seriously. Ring video doorbells, Amazon’s signature home security product, pose a serious threat to a free and democratic society. Not only is Ring’s surveillance network spreading rapidly, it is extending the reach of law enforcement into private property and expanding the surveillance of everyday life. What’s more, once Ring users agree to release video content to law enforcement, there is no way to revoke access and few limitations on how that content can be used, stored, and with whom it can be shared.

https://www.theguardian.com/commentisfree/2021/may/18/amazon-ring-largest-civilian-surveillance-network-us

Ransomware Attacks Are Spiking. Is Your Company Prepared?

With the migration to remote work over the last year, cyber attacks have increased exponentially. We saw more attacks of every kind, but the headline for 2020 was ransom attacks, which were up 150% over the previous year. The amount paid by victims of these attacks increased more than 300% in 2020. Already 2021 has seen a dramatic increase in this activity, with high-profile ransom attacks against critical infrastructure, private companies, and municipalities grabbing headlines on a daily basis. The amount of ransom demanded also has significantly increased this year, with some demands reaching tens of millions of dollars. And the attacks have become more sophisticated, with threat actors seizing sensitive company data and holding it hostage for payment.

https://hbr.org/2021/05/ransomware-attacks-are-spiking-is-your-company-prepared

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Threats

Ransomware

• Insurer AXA Hit By Ransomware After Dropping Support For Ransom Payments

• The Bizarre Story Of The Inventor Of Ransomware

• One Of The US’s Largest Insurance Companies Reportedly Paid $40 Million To Ransomware Hackers

• Cyber Attack 'Most Significant On Irish State'

• Double-Extortion Ransomware Attacks On The Rise

• Darkside Ransomware Made $90 Million In Just Nine Months

• Ransomware’s Dangerous New Trick Is Double-Encrypting Your Data

Phishing

• Microsoft, Google Clouds Hijacked For Gobs Of Phishing

• Ofwat Reveals It Has Received 20,000 Spam And Phishing Emails So Far This Year

Other Social Engineering

• Fraudsters Employ Amazon ‘Vishing’ Attacks In Fake Order Scams

Malware

• Experts Warn About Ongoing AutoHotKey-Based Malware Attacks

• Microsoft Warns: Watch Out For This New Malware That Steals Passwords, Webcam And Browser Data

• FIN7 Backdoor Masquerades As Ethical Hacking Tool

Mobile

• 4 Vulnerabilities Under Attack Give Hackers Full Control Of Android Devices

• Take Action Now – Flubot Malware May Be On Its Way

• Bizarro Banking Trojan Sports Sophisticated Backdoor

• 100M Android Users Hit By Rampant Cloud Leaks

IoT

• Four New Video Doorbells And Home Security Cameras Are Vulnerable To Hacking

• EufyCam Users Should Turn Off Their Security Cams Immediately

Vulnerabilities

• Windows PoC Exploit Released For Wormable RCE

• Windows 10 Security Targeted Via New Critical Vulnerability

• Exploit Released For Wormable Windows HTTP Vulnerability

• QNAP Warns Of eCh0raix Ransomware Attacks, Roon Server Zero-Day

• Cross-Browser Tracking Vulnerability Tracks You Via Installed Apps

• More Security Flaws Found In Apple Airtags

Cryptocurrency

• Elon Musk Impersonators Stole More Than $2M In Crypto Currency Scams

Supply Chain

• Rapid7 Is The Latest Victim Of A Software Supply Chain Breach

Nation State Actors

• Ireland’s Health Service: Russian Hackers Made Their First Attack Two Weeks Ago

Denial of Service

• Keksec Cyber Gang Debuts Simps Botnet for Gaming DDoS

Cloud

• Cloud Compromise Now The Biggest Cyber Security Issue For Financial Institutions

• Privacy Regulations Making Cloud Migration Complex

Governance, Risk and Compliance

• Cyber Security Spending To Hit $150 Billion This Year

Reports Published in the Last Week

• DDoS Attacks Up 31% In Q1 2021: Report

Other News

• Hackers Used To Be Humans. Soon, AIs Will Hack Humanity

• Solarwinds CEO Reveals Much Earlier Hack Timeline, Regrets Company Blaming Intern

• Cyber Criminals Scanned For Vulnerable Microsoft Exchange Servers Within Five Minutes Of News Going Public

• The Moral Underground? Ransomware Operators Retreat

• Verizon: Pandemic Ushers In ⅓ More Cyber Misery

• The Bizarre Story Of The Inventor Of Ransomware

• Should Encryption Be Curbed To Combat Child Abuse?

• 5 Ways Hackers Hide Their Tracks

• The Next Big Gasoline Shortage Is Coming

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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.

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

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

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 May 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.

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Top Cyber Stories of the Last Week

Two Thirds Of CISOs Across World Expect Damaging Cyber Attack In Next 12 Months

More than 1,000 CISOs around the world have expressed concerns about the security ramifications of the massive shift to remote work since the beginning of the pandemic. One hundred CISOs from the US, Canada, the UK, France, Germany, Italy, Spain, Sweden, the Netherlands, UAE, Saudi Arabia, Australia, Japan, and Singapore were interviewed for the report, with many highlighting significant problems in the current cyber security landscape.

https://www.zdnet.com/article/two-thirds-of-cisos-across-world-expect-damaging-cyberattack-in-next-12-months/

Ransomware: Don't Pay Up, It Just Shows Cyber Criminals That Attacks Work, Warns Home Secretary

For victims of ransomware attacks, paying the ransom does not guarantee that their network will be restored – and handing money to criminals only encourages them to try their luck infecting more companies with the file-encrypting malware. The impact of ransomware attacks continues to rise as cyber criminals encrypt networks, while also blackmailing victims with the prospect of stolen data being published, to generate as much money as possible from extortion.

https://www.zdnet.com/article/ransomware-dont-pay-the-ransom-it-just-encourage-cyber-criminals-that-attacks-work-warns-home-secretary/

The Most Significant Cyber Attacks From 2006-2020, By Country

Committing a cyber crime can have serious consequences. In the US, a cyber criminal can receive up to 20 years in prison for hacking into a government institution if it compromises national security. Yet, despite the consequences, cyber criminals continue to wreak havoc across the globe. But some countries seem to be targeted more than others. Using data from SpecOps Software, this graphic looks at the countries that have experienced the most significant cyber attacks over the last two decades.

https://www.visualcapitalist.com/cyber-attacks-worldwide-2006-2020/

The Shape Of Fraud And Cyber Crime: 10 Things We Learned From 2020

While it remains true that the older you are, the greater the financial loss, why would fraudsters target the young, who are arguably less well off? The answer lies in volume. Criminals have been offsetting higher monetary gain for higher attack rates, capitalising on the fact that the young are perhaps both more liberal with personal information (and privacy in general) and, at the same time, heavy digital users (social media, surveys, games, and so on). In fact, it is scary to see how much value the humble email address can have for criminals. We often forget that once obtained, it can be used further down the line to commit more fraud.

https://www.computerweekly.com/opinion/The-shape-of-fraud-and-cyber-crime-10-things-we-learned-from-2020

Is Third-Party Software Leaving You Vulnerable To Cyber Attacks?

When companies buy digital products, they expect them to be secure. In most cases, they do not test for vulnerabilities down the digital supply chain — and do not even have adequate processes or tools to do so. Hackers have taken note, and incidents of supply chain cyber attacks, which exploit weaknesses within the digital supply chain to break into organisations’ internal networks, are on the rise. As a result, there have been many headline incidents that not only bring shame to the companies involved, but rachet up the visibility of these threats to top executives who want to know their offerings are secure.

https://hbr.org/2021/05/is-third-party-software-leaving-you-vulnerable-to-cyberattacks

US Pipeline Ransomware Attack Serves As Fair Warning To Persistent Corporate Inertia Over Security

Organisations that continue to disregard the need to ensure they have adopted basic cyber security hygiene practices should be taken to task. This will be critical, especially as cyber criminals turn their attention to sectors where cyber threats can result in real-world risks, as demonstrated in the US Colonial Pipeline attack. In many of my conversations with cyber security experts, there is a shared sense of frustration that businesses still are failing to get some of the most basic things right. Default passwords are left unchanged, frontline staff and employees are still falling for common scams and phishing attacks, and major businesses think nothing of using technology that are decades old.

https://www.zdnet.com/article/us-pipeline-ransomware-attack-serves-as-fair-warning-to-persistent-corporate-inertia-over-security/

Ransomware Attackers Are Now Using Triple Extortion Tactics

The number of organisations affected by ransomware so far this year has more than doubled, compared with the same period in 2020, according to the report. Since April, Check Point researchers have observed an average of 1,000 organisations impacted by ransomware every week. For all of 2020, ransomware cost businesses worldwide around $20 billion, more than 75% higher than the amount in 2019. The healthcare sector has been seeing the highest volume of ransomware with around 109 attacks per organization each week. Amid news of a ransomware attack against gas pipeline company Colonial Pipeline, the utilities sector has experienced 59 attacks per organization per week. Organisations in the insurance and legal sector have been affected by 34 such attacks each week.

https://www.techrepublic.com/article/ransomware-attackers-are-now-using-triple-extortion-tactics/

AXA Pledges To Stop Reimbursing Ransom Payments For French Ransomware Victims

Insurance company AXA has revealed that, at the request of French government officials, it will end cyber insurance policies in France that pay ransomware victims back for ransoms paid out to cyber criminals. While unconfirmed, the Associated Press reported that the move was an industry first. AXA is one of the five biggest insurers in Europe and made the decision as ransomware attacks become a daily occurrence for organisations across the world.

https://www.zdnet.com/article/axa-pledges-to-stop-reimbursing-ransom-payments-for-french-ransomware-victims/

The Dystopic Future Of Cyber Security And The Importance Of Empowering CISOs

Over a decade ago, in 2007, the first iPhone was released and with it emerged an ecosystem of apps that continues to expand to this day. This was a watershed moment, not solely for the technology industry, but civilization. It was a catalyst for what was to come. Suddenly, every consumer could access the internet at a touch of a button, and the accumulation of their data by private companies began en masse. It was at this point that data was established as an increasingly valuable commodity, and in turn, became a heightened exploitation risk. It also instigated a wave of innovation that has yet to break and is only growing rapidly in pace. In this state, technology providers, users, and manufacturers get excited about new functionalities, new features, new developments, while little thought is given to the negative consequences that could arise as a result. Indeed, fear has no place in the state of innovation as it is this primal thinking that inhibits creativity.

https://www.infosecurity-magazine.com/blogs/the-dystopic-future-of/

Cyber Security Experts Warn Over Online Wine Scams

Online wine scams became a bigger threat as cyber criminals sought to take advantage of more people and businesses organising virtual drinks and ordering bottles on the internet in the wake of Covid-19 restrictions, suggests the report. So-called ‘phishing emails’ were a particular concern, according to findings published in April by US-based group Recorded Future in partnership with Area 1 Security. From January 2020 onwards, the authors found a significant rise in legitimate wine-themed web domain registrations using terms like Merlot, Pinot, Chardonnay or Vino.

https://www.decanter.com/wine-news/cyber-security-experts-warn-over-online-wine-scams-457647/

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Threats

Ransomware

• New Ransomware: CISA Warns Over Fivehands File-Encrypting Malware Variant

• Energy Companies Are The Firms Most Likely To Pay Cyber Attack Ransoms

• A Student Pirating Software Led To A Full-Blown Ryuk Ransomware Attack

• MTR In Real Time: Pirates Pave Way For Ryuk Ransomware

• Ransomware Going For $4K On The Cyber Underground

• Foreign Secretary Issues Warning To Russia On Ransomware

• Anatomy Of A $2 Million Darkside Ransomware Breach

BEC

• Business Email Compromise Attack Targeted Dozens Of Orgs

Phishing

• Phishing Attacks Exploit Cognitive Biases, Research Finds

• AI Discovers A Complex Phishing Crypto Currency Scam Campaign

Other Social Engineering

• Coronavirus-Related Cyber Crime Contributes To 15-Fold Surge In Scam Takedowns

• She Responded To A Smishing Scam. Then The Spam Texts Got Worse.

Malware

• Emails Reveal 128 Million iOS Users Were Affected By ‘Xcodeghost’ Malware

Mobile

• A New Smishing Trojan Is Out And About

• New Android Malware Targeting Banks In Italy, Spain, Germany, Belgium, And The Netherlands

IOT

• How To Apply A Zero Trust Approach To Your IoT Solutions

• Troy Hunt At Black Hat Asia: ‘We’re Making It Very Difficult For People To Make Good Security Decisions’

Vulnerabilities

• Don’t Delay Installing Your Windows 10 May Patch Tuesday Update – It Fixes 3 Zero-Day Exploits

• Patch Adobe Reader Now Or Risk A Major Security Attack

• WiFi Vulnerability May Leave Millions Of Devices Open To 'Frag Attacks'

• Remote Mouse Mobile App Contains Raft Of Zero-Day RCE Vulnerabilities

• Lemon Duck Hacking Group Adopts Microsoft Exchange Server Vulnerabilities In New Attacks

Data Breaches

• Hackers release personal info of 22 DC Police officers

• Anatomy Of A $2 Million Darkside Ransomware Breach

Organised Crime & Criminal Actors

• Bulletproof Hosting Admins Plead Guilty To Running Cyber Crime Safe Haven

Supply Chain

• Rapid7 Source Code, Credentials Accessed In Codecov Supply-Chain Attack

Nation State Actors

• Russian Hackers Are Targeting These Vulnerabilities, So Patch Now

• NCSC Warns British Start-Ups Of Threat From Chinese And Russian Hackers

• NCSC, CISA publish new information on Russia’s Cozy Bear

Privacy

• Your Employer May Be Spying On You — Here Are 3 Ways To Stop It

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Reports Published in the Last Week

• DDOS Attacks In Q1 2021

• Verizon 2021 Data Breach Investigations Report (DBIR)

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Other News

• University Cancels Exams After Cyber Attack

• Your Old Mobile Phone Number Could Compromise Your Cyber Security

• Microsoft's New Security Feature Locks Hackers Out With GPS

• Biden Signs Executive Order Aiming To Prevent Future Cyber Security Disasters

• Cyber Security And Compliance For Healthcare Organizations

• Train Firm’s ‘Worker Bonus’ Email Is Actually Cyber Security Test

• Half Of Government Security Incidents Caused By Missing Patches

• 90% Of Security Leaders View Bot Management As A Top Priority

• 'Everyone Had To Rethink Security': What Microsoft Learned In Last Year

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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.

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

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

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 07 May 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.

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Top Cyber Stories of the Last Week

New Technology Has Enabled Cyber-Crime On An Industrial Scale

Nobody likes a call from the taxman. Donald Rumsfeld, who as America’s defence secretary oversaw a budget bigger than the economy of a typical country, nonetheless finds the rules so confusing that he writes to the Internal Revenue Service each year complaining that he has “no idea” whether he has filed his taxes correctly. So, it is hardly surprising that, when the phone rings and an official-sounding voice says you have underpaid your taxes and will be connected to an adviser to pay the balance, ordinary folk tremble.

https://www.economist.com/international/2021/05/06/new-technology-has-enabled-cyber-crime-on-an-industrial-scale

Cyber Security Control Failures Listed As Top Emerging Risk

Despite a myriad of risks resulting from the pandemic, such as the new work environment and environmental, social and governance (ESG) concerns, cyber security risk was singled out with notable consistency across all geographic regions and most industries, cited by 67% of respondents. The next highest cited risk, “the new working model” was cited by 43% of respondents. “Many organisations were forced to implement quick fixes to serious operational gaps as a result of their initial pandemic responses.”

https://www.helpnetsecurity.com/2021/05/03/cybersecurity-control-failures/

Third Parties Caused Data Breaches At 51% Of Organisations

Remote access is becoming an organisation's weakest attack surface, according to new research published. The new report, titled “A Crisis in Third-party Remote Access Security,” reveals a disparity between an organisation's perceived third-party access security threat and the protective measures it puts in place. Researchers found that organisations are exposing their networks to non-compliance and security risks by not taking action to reduce third-party access risk.

https://www.infosecurity-magazine.com/news/third-parties-breaches-at-51-of/

Apple Devices Under Attack — Update Your Mac, iPhone, iPad And Apple Watch Now

Apple on Monday (May 3) pushed out emergency patches to macOS, iPadOS, watchOS and two different versions of iOS to fix four flaws in WebKit, the rendering engine that underlies the Safari web browser. Install these updates when you receive them, because for each flaw, the company states that "Apple is aware of a report that this issue may have been actively exploited." In each case, Apple says, "processing maliciously crafted web content may lead to arbitrary code execution." In plain English, that means web pages could be built to remotely hack your Mac, iPhone, iPad, or Apple Watch.

https://www.tomsguide.com/uk/news/apple-urgent-updates-2105

Enforcing KYC, AML Laws Is Key To Reducing Ransomware Attacks: Task Force

Better enforcement of crypto currency regulations can help address an increasing number of ransomware attacks; a public-private task force claimed Thursday. The Ransomware Task Force, led by the Institute for Security and Technology with support from Microsoft, McAfee and various government agencies, published a report proposing a host of government and company responses to the growing threat of ransomware attacks, including recommendations to disrupt payments to the developers who develop this form of malware. A ransomware attack is one where a malicious actor hijacks a computer or network, locking it until the victim pays a ransom, often in crypto currency (ransomware victims paid close to $350 million in crypto to attackers last year). Paying the ransom is not necessarily a guarantee the perpetrator will share a decryption tool to unlock the computer.

https://www.coindesk.com/enforcing-kyc-aml-laws-is-key-to-reducing-ransomware-attacks-report-says

Ransomware Reality Shock: 92% Who Pay Do Not Get Their Data Back

As Apple gets caught up in an apparent $50 million ransomware extortion attempt by a significant cyber criminal gang, new research reveals just how unlikely it is that organisations will get all their data back if they pay up. On April 23, I reported how the notorious cyber criminal gang behind the REvil ransomware operation had attempted to get Apple to pay the ransom for another business that it had targeted. That business, REvil said, was Apple original design manufacturer Quanta Computer and the gang said it had stolen the schematics for several new Apple products. Several blueprints were published to the REvil dark web site, including one that 9to5Mac determined was related to the 2021 MacBook Pro.

https://www.forbes.com/sites/daveywinder/2021/05/02/ransomware-reality-shock-92-who-pay-dont-get-their-data-back/?sh=4c38f3d5e0c7

New Vulnerabilities Impact 60% Of The Internet’s Email Servers

The maintainers of the Exim email server software have released updates today to patch a collection of 21 vulnerabilities that can allow threat actors to take over servers using both local and remote attack vectors. Known as 21Nails, the vulnerabilities were discovered by the security firm Qualys. The bugs impact Exim, a type of email server known as a mail transfer agent (MTA) that helps email traffic travel across the internet and reach its intended destinations. While there are different MTA clients available, an April 2021 survey shows that Exim has a market share of nearly 60% among all MTA solutions, being widely adopted around the internet.

New vulnerabilities impact 60% of the internet’s email servers

Ransomware: There's Been A Big Rise In Double Extortion Attacks As Gangs Try Out New Tricks

There has been a big rise in the number of ransomware gangs that threaten to release information stolen from the victims if they themselves rather than the firm, do not pay the ransom for the decryption key required to restore their network. The idea behind these 'double extortion' ransomware attacks is that even if the victim organisation believes it can restore its network without giving into the ransom demands of cyber criminals – which regularly cost millions of dollars in Bitcoin – the threat of sensitive information about employees or customers being exposed could still push victims to giving into the blackmail and paying the ransom.

https://www.zdnet.com/article/ransomware-theres-been-a-big-rise-in-double-extortion-attacks-as-gangs-try-out-new-tricks/

They Told Their Therapists Everything. Hackers Leaked It All

Finnish mental health Clinic Vastaamo suffers catastrophic data breach. A security flaw at the firm’s IT provider not only exposed full names, dates of birth, and social security numbers, but also the actual written notes their therapists had taken. It was the patients themselves, rather than the firm were then left facing a demand for ransom payment to prevent public disclosure of their data.

https://www.wired.com/story/vastaamo-psychotherapy-patients-hack-data-breach/?utm_source=twitter&utm_medium=social&utm_campaign=onsite-share&utm_brand=wired&utm_social-type=earned

Millions At Security Risk From Old Routers

Millions of people could be using outdated routers that put them at risk of being hacked. The consumer watchdog examined 13 models provided to customers by internet-service companies such as EE, Sky and Virgin Media and found more than two-thirds had flaws. It estimated about six million people could have a device not updated since 2018 or earlier. So, in some cases, they would not have received crucial security updates.

https://www.bbc.co.uk/news/technology-56996717

An Estimated 30% Of All Smartphones Vulnerable To New Qualcomm Bug

Around a third of all smartphones in the world are believed to be affected by a new vulnerability in a Qualcomm modem component that can grant attackers access to the device’s call and SMS history and even audio conversations. First designed in the early 90s, the chip has been updated across the years to support 2G, 3G, 4G, and 5G cellular communications and has slowly become one of the world’s most ubiquitous technologies, especially with smartphone vendors. Devices that use Qualcomm MSM chips today include high-end smartphone models sold by Google, Samsung, LG, Xiaomi, and One Plus, just to name a few.

https://therecord.media/an-estimated-30-of-all-smartphones-vulnerable-to-new-qualcomm-bug/

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Threats

Ransomware

• Cloud Hosting Provider Swiss Cloud Suffered A Ransomware Attack

• Babuk Quits Ransomware Encryption, Focuses On Data-Theft Extortion

Phishing

• 'Phishing' Sites Buying Workplace Login Details Linked to Well-Funded Start-up

Malware

• Global Phishing Attacks Spawn Three New Malware Strains

• New Pingback Malware Using ICMP Tunnelling to Evade C&C Detection

• New Buer Malware Downloader Rewritten in E-Z Rust Language

Mobile

• Serious Android flaw threatens hundreds of millions of users

Vulnerabilities

• Security Researchers Found 21 Flaws In This Widely Used Email Server, So Update Immediately

• Dell Is Issuing A Security Patch For Hundreds Of Computer Models Going Back To 2009

• Pulse Secure fixes VPN zero-day used to hack high-value targets

• Microsoft Warns Of Damaging Vulnerabilities In Dozens Of Iot Operating Systems

• Python Also Impacted By Critical Ip Address Validation Vulnerability

• Computer Scientists Discover New Vulnerability Affecting Computers Globally

Data Breaches

• Data Leak Implicates Over 200,000 People In Amazon Fake Product Review Scam

• Middle Market Companies Facing A Record Number Of Data Breaches

Nation State Actors

• Researchers Uncover Iranian State-Sponsored Ransomware Operation

• Rare New Windows Rootkit Spotted In Chinese Apt Attacks

Denial of Service

• A Massive DDoS Knocked Offline Belgian Government Websites

Privacy

• Android Devices Are Leaking Contact Tracing Data All Over The Place

Other News

• Woman Loses Nearly £113k In Dating Site Romance Fraud

• Healthcare Organisations Implementing Zero Trust To Tackle Cyber Attacks

• Hackers Break Into Tesla Using a Drone Flying Over the Car

• Penetration Testing Leaving Organisations With Too Many Blind Spots

• Goodbye Again, Flash—Microsoft Makes Removal From Windows 10 Mandatory

• Data Leak Makes Peloton’s Horrible, No-Good, Really Bad Day Even Worse

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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.

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

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

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.

Different Cyber Frameworks Explained, and why they matter - Cyber Tip Tuesday Video

Welcome to this week's Black Arrow Cyber Tip Tuesday, this week Tony is talking about different cyber frameworks and standards and the different strengths and weaknesses between them.

If a firm was to try to start thinking about all the things they need to cover when it comes to cyber and information security it would take a long time and very likely key components would be missed. The hard work or at least some of the hard work, has been done for you through a number of different frameworks and standards, which, to varying degrees, cover off all the things a firm needs to think about.

The first and probably the most well known on the Island is the Cyber Essentials or Cyber Essentials Plus scheme, it is backed by the British Government and is intended to the first step on a journey into cyber maturity, rather than being the destination.

It only covers basic technical controls and crucially falls short of the expectations being set by the GFSC in the new cyber rules.

When I conducted the cyber thematic review for the GFSC it was clear that the majority of firms were gapped when it came to monitoring and detection, if you have no visibility of what is going on against your network, you can’t see attacks that are happening, or have happened, and you are blissfully none the wiser.

The takes me on to the second framework, NIST, an international standard and the most widely used amongst firms further along their cyber maturity journey, and certainly the most widely used across larger and multinational organisations.

Adherence or compliance with the NIST standard is at the core of the new GFSC Cyber rules and the GFSC will be looking for evidence that regulated firms are covering off the 5 pillars of NIST Identify > Protect > Detect > Respond > Recover.

Covering all of these areas will provide firms with much better visibility and oversight than many firms currently have in place.

The third standard here is ISO27001 and this standard is often considered to be the gold standard and one that few firms on the Island have achieved because attaining the accreditation does require more of an investment both in time and in some of the processes and the things you need to have in place to support the different policies.

This is all about increasing the maturity and capability of firms in the hopes that nothing bad happens to them.

Many firms unfortunately do not recover from a significant cyber incident, and that incudes some very large firms as well as many smaller firms. Even if the firm does survive it will very often cost a lot more to recover than it would have cost to prevent the problem from happening in the first place.

We can help any firms that want to explore their options when it comes to looking at which of these are best for them and where they are on their journey.

Black Arrow Cyber Threat Briefing 30 April 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.

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Top Cyber Stories of the Last Week

Ransomware Demands Up By 43% So Far In 2021

The average demand for a digital extortion payment shot up in the first quarter of this year to $220,298, up 43% from the previous quarter. The median payment, too, jumped up 58% from $49,450 to $78,398. The majority of ransomware attacks in the first quarter also involved theft of corporate data, a continuation of a trend of ransomware actors increasingly relying on exfiltration and extortion demands. Seventy-seven percent of ransomware attacks included the threat to publish stolen data in the first quarter of this year, which is up 10%.

https://www.cyberscoop.com/ransomware-extortion-demands-increasing-coveware/

US Tech Pushes For Ransomware To Be Designated A National Security Threat

Big US tech companies and officials are urging governments to designate ransomware as a national security threat in a push to combat a hacking epidemic that has cost businesses tens of millions of dollars. Tech groups including Microsoft, Cisco and Amazon, cyber security companies such as FireEye and officials from the FBI and US Department of Justice have published a report calling for several measures to tackle the lucrative criminal enterprise.

https://www.ft.com/content/6e69efc8-66e2-4a1c-95d4-0a84d80091c7

Flubot Spyware Spreading Through Android Devices

Android mobile phone users across the U.K. and Europe are being targeted by text messages containing a particularly nasty piece of spyware called “Flubot”. The malware is delivered to targets through SMS texts and prompts them to install a “missed package delivery” app. Instead, it takes victims to a scam website where they download the “app” — which is just the spyware. Once installed, it then sets about gaining permissions, stealing banking information and credentials, lifting passwords stored on the device and squirreling away various pieces of personal information. It also sends out additional text messages to the infected device’s contact list, which allows it to “go viral” — like the flu.

https://threatpost.com/flubot-spyware-android-devices/165607/

Ransomware: Do Not Expect A Full Recovery, However Much You Pay

When it comes to all the various types of malware out there, none has ever dominated the headlines quite as much as ransomware. Sure, several individual malware outbreaks have turned into truly global stories over the years. The LoveBug mass-mailing virus of 2000 springs to mind, which blasted itself into hundreds of millions of mailboxes within a few days; so, does CodeRed in 2001, the truly fileless network worm that squeezed itself into a single network packet and spread worldwide literally within minutes.

https://nakedsecurity.sophos.com/2021/04/27/ransomware-dont-expect-a-full-recovery/

61% Of Organisations Impacted By Ransomware In 2020

A full 79% of respondents indicated their companies had experienced a business disruption, financial loss or other setback in 2020 due to a lack of cyber preparedness. Respondents identified ransomware as the chief culprit behind these disruptions. Other insights include: 61% indicated they had been impacted by ransomware in 2020, a 20% increase over the number of companies reporting such disruption in last year’s report. Companies impacted by ransomware lost an average of six working days to system downtime, with 37% saying downtime lasted one week or more. 52% of ransomware victims paid threat actor ransom demands, but only 66% of those were able to recover their data. The remaining 34% never saw their data again, despite paying the ransom.

https://www.helpnetsecurity.com/2021/04/26/ransomware-2020/

SolarWinds Campaign Even Wider Than First Thought

A new analysis of the SolarWinds breach suggests that the attacker infrastructure behind the campaign is far larger than first believed. The catastrophic SolarWinds security incident involved the compromise of the IT software vendor's network and later the deployment of malicious SolarWinds Orion updates to clients that contained a backdoor called Sunburst. Now researchers have now uncovered eighteen additional command-and-control servers used in the SolarWinds hacking campaign, indicating that the operation was broader in scope than previously known.  The researchers found that this infrastructure was registered under varying names and at different times over several years to avoid establishing a traceable pattern.

https://www.cybersecurityintelligence.com/blog/solarwinds-campaign-even-wider-than-first-thought-5602.html

Buying Cyber Insurance In 2021? Expect Greater Scrutiny, Higher Premiums

Organisations will face significant challenges in purchasing, renewing, and benefitting from cyber insurance policies this year as various factors drive the sector towards a stricter, more specialized position, global specialists in law, risk, and cyber security predict. These include the continued evolution and impact of cyber threats throughout 2020 and the early months of 2021, chiefly in the form of ransomware attacks and wide-ranging supply chain security issues.

https://www.csoonline.com/article/3616595/buying-cyber-insurance-in-2021-expect-greater-scrutiny-higher-premiums-thanks-to-ransomware-supply.html

Ransomware Is Growing At An Alarming Rate, Warns GCHQ Chief

The scale and severity of ransomware is growing at an alarming rate as cyber criminals look to exploit poor cyber security to maximise profit, the director of GCHQ has warned. Organisations and their employees have been forced to adapt to different ways of working over the past year, with many now even more reliant on remote services and online collaboration platforms. But cyber-criminal gangs also represent a major threat and Fleming warned that ransomware represents a cyber security danger for organisations of all kinds.

https://www.zdnet.com/article/ransomware-is-growing-at-an-alarming-rate-warns-gchq-chief/

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Threats

Ransomware

• A Ransomware Attack On Apple Shows The Future Of Cyber Crime

• Microsoft Office SharePoint Targeted With High-Risk Phish, Ransomware Attacks

• Ransomware Gang Threatens To Expose Police Informants If Ransom Is Not Paid

• A Ransomware Gang Made $260,000 In 5 Days Using The 7zip Utility

• Ransomware Task Force Calls For Aggressive Bitcoin Transaction Tracing Measures

• Ransomware Task Force Releases Long-Awaited Recommendations

• New Ransomware Group Uses SonicWall Zero-Day To Breach Networks

Phishing

• Scammers Imitate Windows Logo With Html Tables To Slip Through Email Gateways

• Phishing Attacks Target Chase Bank Customers

• Phishing Impersonates Global Recruitment Firm To Push Malware

Malware

• Rotajakiro: A Linux Backdoor That Has Flown Under The Radar For Years

• Security Firm Kaspersky Believes It Found New CIA Malware

• Prometei Botnet Exploiting Unpatched Microsoft Exchange Servers

Vulnerabilities

• Linux Kernel Vulnerability Exposes Stack Memory, Causes Data Leaks

• F5 BIG-IP Found Vulnerable to Kerberos KDC Spoofing Vulnerability

• Linux Kernel Bug Opens Door to Wider Cyber Attacks

• Nvidia GPU Owners Warned About Serious Driver Bugs — Update Now

• Apple Patches ‘Worst MacOS Bug In Recent Memory’ After It Was Used In The Wild

Data Breaches

• MangaDex Discloses Data Breach After Stolen Database Shared Online

Organised Crime & Criminal Actors

• Spotlight on Cyber Criminal Supply Chains

Supply Chain

• CISA Issues Guidance On Defending Against Software Supply Chain Attacks

Nation State Actors

• Cyber Spies Target Military Organisations With New Nebulae Backdoor

• FBI: Russian Hackers Are Still Trying To Break Into Networks, Here's How To Protect Yours From Attack

• APT Actors Increasingly Turn To Exploits To Launch Attacks

• Report: Russia 'Likely' Kept Access To US Networks After SolarWinds Hack

 Reports Published in the Last Week

• Q1 2021 Ransomware Trends: Most Attacks Involved Threat To Leak Stolen Data

• APT Trends Report Q1 2021

Other News

• What IT Leaders Are Prioritising In Network Security Investments?

• Cyber Security Is Not Just For Your Company – It Applies To Your Ecosystem Too

• Machine Learning Security Vulnerabilities Are A Growing Threat To The Web, Report Highlights

• Organisations Can No Longer Afford To Overlook Encrypted Traffic

• FBI Shares 4 Million Email Addresses Used By Emotet With Have I Been Pwned

• Smishing: Why Text-Based Phishing Should Be on Every CISO’s Radar 

• A Facebook Vulnerability Can Allow Hackers To Scrape Users' Email Addresses

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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.

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

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

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 23 April 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.

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Top Cyber Stories of the Last Week

Cyber Attacks On The Rise For Businesses, Pushing Many To The Brink

The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, with over a quarter of those targeted (28%) experiencing five attacks or more. Those attacks are pushing many firms to the brink, with one in six businesses attacked (17%) saying the financial impact materially threatened the company’s future. On a more positive note, the report shows firms are responding to the cyber challenge: mean spending per business on cyber security has more than doubled in the last two years.

https://www.insurancejournal.com/news/international/2021/04/19/610514.htm

MI5 Warns Of Spies Using Linkedin To Trick Staff Into Spilling Secrets

At least 10,000 UK nationals have been approached by fake profiles linked to hostile states, on the professional social network LinkedIn, over the past five years, according to MI5. It warned users who had accepted such connection requests might have then been lured into sharing secrets. A campaign has been launched to educate government workers about the threat. The 10,000-plus figure includes staff in virtually every government departments as well as key industries, who might be offered speaking or business and travel opportunities that could lead to attempts to recruit them to provide confidential information.

https://www.bbc.co.uk/news/technology-56812746

SonicWall Warns Customers To Patch 3 Zero-Days Exploited In The Wild

Security hardware manufacturer SonicWall is urging customers to patch a set of three zero-day vulnerabilities affecting both its on-premises and hosted Email Security products. "In at least one known case, these vulnerabilities have been observed to be exploited 'in the wild,'" SonicWall said in a security advisory published earlier today. The company said it is "imperative" that organisations using its Email Security hardware appliances, virtual appliances, or software installations on Microsoft Windows Server machines immediately upgrade to a patched version.

https://www.bleepingcomputer.com/news/security/sonicwall-warns-customers-to-patch-3-zero-days-exploited-in-the-wild/

The FBI Removed Hacker Backdoors From Vulnerable Microsoft Exchange Servers. Not Everyone Likes The Idea

The FBI had worked to remove malicious web shells from hundreds of computers in the United States that were running vulnerable versions of Microsoft Exchange Server. While the move will have helped keep many organisations secure, it has also raised questions about the direction of cyber security. Earlier this year, four zero-day vulnerabilities in Microsoft Exchange Server, which were being actively exploited by a nation-state-backed hacking operation, were uncovered. Microsoft released a critical security update to protect Exchange Server customers from cyber attacks exploiting the vulnerabilities in March, but a significant number of organisations have yet to apply the security patch.

https://www.zdnet.com/article/the-fbi-removed-hacker-backdoors-from-vulnerable-microsoft-exchange-servers-not-everyone-likes-the-idea/

Pulse Secure VPN Zero-Day Used To Hack Defense Firms, Govt Organisations

A zero-day authentication bypass vulnerability in the Pulse Connect Secure (PCS) SSL VPN appliance actively exploited in attacks against worldwide organisations and focused on US Defence Industrial base networks. As a workaround, the vulnerability can be mitigated on some gateways by disabling Windows File Share Browser and Pulse Secure Collaboration features using instructions available in the security advisory published earlier today.

https://www.bleepingcomputer.com/news/security/pulse-secure-vpn-zero-day-used-to-hack-defense-firms-govt-orgs/

SolarWinds Hack Could Cost Cyber Insurance Firms $90 Million

Cyber insurance vendors are expected to spend $90 million on incident response and forensic services for clients who were compromised by the SolarWinds hackers. “Although the SolarWinds attack is a cyber catastrophe from a national security perspective, insurers may have narrowly avoided a catastrophic financial incident to their businesses,” The Russian hackers behind the SolarWinds attack appear to have avoided large scale exploitation of victims, instead opting to maintain access and collect sensitive data. But if the SolarWinds hackers had been focused on interrupting business and destroying networks, the campaign could have been catastrophic for insurers.

https://www.crn.com/news/security/solarwinds-hack-could-cost-cyber-insurance-firms-90-million

Mount Locker Ransomware Aggressively Changes Up Tactics

The Mount Locker ransomware has shaken things up in recent campaigns with more sophisticated scripting and anti-prevention features, according to researchers. And, the change in tactics appears to coincide with a rebranding for the malware into “AstroLocker.” According to researchers, Mount Locker has been a swiftly moving threat. Having just hit the ransomware-as-a-service scene in the second half of 2020, the group released a major update in November that broadened its targeting capabilities (including searching for file extensions utilized by TurboTax tax-return software to encrypt). It also added improved detection evasion. Attacks have continued to escalate, and now, another major update signals “an aggressive shift in Mount Locker’s tactics,”.

https://threatpost.com/mount-locker-ransomware-changes-tactics/165559/

QR Codes Offer Easy Cyber Attack Avenues as Usage Spikes

The use of mobile quick-response (QR) codes in daily life, for both work and personal use, continues to rise – and yet, most people are not aware that these handy mobile shortcuts can open them up to savvy cyber attacks. A survey of 4,157 consumers across China, France, Germany, Japan, the U.K. and the U.S. It found that 57 percent of respondents have increased their QR code usage since mid-March 2020, mainly because of the need for touchless transactions in the wake of COVID-19. In all, three-quarters of respondents (77 percent) said they have scanned a QR code before, with 43 percent having scanned a QR code in the past week.

https://threatpost.com/qr-codes-cyberattack-usage-spikes/165526/

Google Alerts Continues To Be A Hotbed Of Scams And Malware

Google Alerts continues to be a hotbed of scams and malware that threat actors are increasingly abusing to promote malicious websites. While Google Alerts has been abused for a long time, a significant increase in activity over the past couple of weeks. People use Google Alerts to monitor for various terms related to cyber attacks, security incidents, malware, etc. In one Google Alert, almost every new article shared with people today by the service led to a scam or malicious website.

https://www.bleepingcomputer.com/news/security/google-alerts-continues-to-be-a-hotbed-of-scams-and-malware/

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Threats

Ransomware

• Campus Still Closed as Portsmouth University Reels from Suspected Ransomware

• Ransomware Gang Tries To Extort Apple Hours Ahead Of Spring Loaded Event

• Discord Nitro gift codes now demanded as ransomware payments

• Top 5 Ransomware Groups

Phishing

• Phishing Tricks With Microsoft Office

Malware

• Malware That Spreads Via Xcode Projects Now Targeting Apple's M1-based Macs

IOT

• Remote Code Execution Vulnerabilities Uncovered In Smart Air Fryer

Vulnerabilities

• Google Issues Chrome Update Patching Seven Security Vulnerabilities

• QNAP Fixes Critical RCE Vulnerabilities In NAS Devices

• Zero-Day Vulnerabilities In Sonicwall Email Security Are Being Actively Exploited

• Cisco Router Flaws Left Small Business Networks Open To Abuse

• Firefox 88 Patches Bugs And Kills Off A Sneaky Javascript Tracking Trick

Data Breaches

• Codecov Breach Impacted ‘Hundreds Of Customer Networks

• Yet Another Dating Site Has Suffered A Serious Data Breach

Organised Crime & Criminal Actors

• 'High-Level' Organiser Of FIN7 Hacking Group Sentenced To 10 Years In Prison

Cryptocurrency

• Natwest Will Refuse To Serve Business Customers Who Accept Cryptocurrencies

Supply Chain

• Growing Reliance On Third-Party Suppliers Signals Increasing Security Risks

Nation State Actors

• Japan Accuses Chinese Military Hacker Over Cyber Attacks

• Chinese threat actors extract big data and sell it on the dark web

• 5 Security Bugs Under Active Nation-State Cyber attack

• Huawei Denies Spying Accusation In The Netherlands

Denial of Service

• DDoS Attack Trends For 2021

• Telecoms Industry Facing Increased DDoS Attack

Other News

• Pupil Hacked Into School's System To Change Their Grades As Gchq Roll Out Cyber Security Training For Teachers

• Most Common Cyber Attack Techniques On Windows Networks For 2020

• When Cryptography Attacks – How TLS Helps Malware Hide In Plain Sight

• TikTok Sued For Billions Over Use Of Children's Data

• Multi-Factor Authentication: Use It For All The People That Access Your Network, All The Time

• 4 Innovative Ways Cyber Attackers Hunt For Security Bugs

• Uk’s Proposed IoT Cyber Security Law Gathers Momentum

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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.

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

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

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.

Phishing, Spear-Phishing, Whaling and Business Email Compromise (BEC) explained - Cyber Tip Tuesday

Welcome to this week's Black Arrow Cyber Tip Tuesday, this week Bruce is talking about Phishing emails including Business Email Compromise or BEC.

Many of you will be familiar with receiving phishing emails that, for example, encourage you to click a link to unblock your PayPal account, or encourage you to respond to an urgent message.

Although you still see that type of email, they are being replaced by much more sophisticated versions that are addressed specifically to you. These encourage you, by name, to look at an attached document or to contact the sender for a private discussion.

If you click on the attachment it will try to download malware, or if you reply to the sender then you will be starting a correspondence that will likely lead to you being duped into a later harmful activity. These personalised types of emails are called spear phishing, and they have become more prevalent because the software to create them is more easily available online and so they require less work by the attacker.

A variation of spear phishing is when the attacker targets the senior leadership in an organisation because those targets have more valuable information on their computer, and they are likely to have more wealth to exploit. This is called whaling, and again they take a bit more effort on the part of the attacker, but the rewards can be greater.

Another type of email attack is called Business Email Compromise, or BEC.

In this case, someone’s email account is broken into, and the attacker monitors the emails while the email owner is unaware. Then, at an opportune moment, the attacker will send an email to the victim with an instruction such as to use alternative bank account details for a payment. The payment goes straight to the attacker instead of the correct recipient, and the victim does not find out until it is too late.

You cannot rely on technology to stop these kinds of attacks.

You need strong people controls, where everyone should be suspicious of email and aware of the types of possible attacks.

The best thing to do is to contact the supposed sender of the email to ask them to confirm that they sent you that email before you open it. And if you are suspicious of an email from someone you do not know and you cannot contact them, then you might want to delete it; if it is a genuine email then the sender can contact you again.

If you'd like to know more about how you can protect yourself or your company, have a look at the information on our site, blackarrowcyber.com, and contact us to see how we can help you.

Black Arrow Cyber Threat Briefing 16 April 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.

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Top Cyber Stories of the Last Week

61 Percent Of Employees Fail Basic Cyber Security Quiz

Nearly 70% of employees polled in a new survey said they recently received cyber security training from their employers, yet 61% nevertheless failed when asked to take a basic quiz on the topic. This was one of the leading findings of a research study that sought to understand the cyber security habits of some 1,200 workers, as well as their knowledge of best practices and ability to recognize security threats.

https://www.scmagazine.com/home/security-news/61-percent-of-employees-fail-basic-cybersecurity-quiz/

More Than 1,900 Distinct Hacking Groups Are Active Today

There are currently more than 1,900 distinct hacking groups that are active today, a number that grew from 1,800 groups recorded at the end of 2019. In its yearly cyber crime report, the company said it discovered 650 new threat actors during 2020, but new evidence also allowed it to remove 500 groups from its threat actor tracker due to overlaps in activity and hacking infrastructure with previously known clusters.

https://therecord.media/fireeye-more-than-1900-distinct-hacking-groups-are-active-today/

Ransomware: The Internet's Biggest Security Crisis Is Getting Worse

Organisations continue to fall victim to ransomware, and yet progress on tackling these attacks, which now constitute one of the biggest security problems on the internet, remains slow. From small companies to councils, government agencies and big business, the number and range of organisations hit by ransomware is rising. One recent example; schools with 36,000 students have been hit, leaving pupils without access to email as attempts were made to get systems back online. That is at least four chains of schools attacked in the last month.

https://www.zdnet.com/article/ransomware-the-internets-biggest-security-crisis-is-getting-worse-we-need-a-way-out/?&web_view=true

Enterprise Security Attackers Are One Password Away From Your Worst Day

If the definition of insanity is doing the same thing over and over and expecting a different outcome, then one might say the cyber security industry is insane.

Criminals continue to innovate with highly sophisticated attack methods, but many security organisations still use the same technological approaches they did 10 years ago. The world has changed, but cyber security hasn’t kept pace.

Distributed systems, with people and data everywhere, mean the perimeter has disappeared. And the hackers couldn’t be more excited. The same technology approaches, like correlation rules, manual processes and reviewing alerts in isolation, do little more than remedy symptoms while hardly addressing the underlying problem.

Credentials are supposed to be the front gates of the castle, but as the SOC is failing to change, it is failing to detect. The cyber security industry must rethink its strategy to analyse how credentials are used and stop breaches before they become bigger problems.

https://techcrunch.com/2021/04/16/enterprise-security-attackers-are-one-password-away-from-your-worst-day/

Microsoft’s April Update Patches 114 Bugs—Half Of Which Allow Remote Code Execution

The fourth Patch Tuesday of 2021 is another big one. Today, Microsoft revealed 114 vulnerabilities fixed in the monthly security, over half of which could potentially be exploited for remote code execution by attackers. Of the 55 remote execution bugs, over half were tied to Windows’ Remote Procedure Call (RPC) interface. Four more were Microsoft Exchange bugs (all urgent fixes) reported to Microsoft by the National Security Agency. In addition, six Chrome vulnerabilities that were previously addressed by Google are included in the roll-up.

https://news.sophos.com/en-us/2021/04/13/microsofts-april-update-patches-114-bugs-more-than-half-of-which-allow-remote-code-execution/

Nation-State Cyber Attacks Targeting Businesses Are On The Rise

Businesses are increasingly coming under fire from nation state-backed hackers as governments around the world engage in attacks to steal secrets or lay the foundations for future attacks. Nation States, Cyberconflict and the Web of Profit, a study by cyber security researchers at HP and criminologists at the University of Surrey, warns that the number of key nation-state attacks has risen significantly over the past three years – and that enterprises and businesses are increasingly being targeted. An analysis of nation-state cyber attacks between 2017 and 2020 reveals that just over a third of organisations targeted were businesses: cyber defence, media, government, and critical infrastructure are all also common targets in these attacks, but enterprise has risen to the top of the list.

https://www.zdnet.com/article/nation-state-cyber-attacks-targeting-businesses-are-on-the-rise/

Cyber Criminals Are Installing Cryptojacking Malware On Unpatched Microsoft Exchange Servers

Cyber criminals are targeting vulnerable Microsoft Exchange servers with cryptocurrency mining malware in a campaign designed to secretly use the processing power of compromised systems to make money. Zero-day vulnerabilities in Microsoft Exchange Server were detailed last month when Microsoft released critical security updates to prevent the exploitation of vulnerable systems. Cyber attackers ranging from nation-state-linked hacking groups to ransomware gangs have rushed to take advantage of unpatched Exchange servers -- but they are not the only ones.

https://www.zdnet.com/article/free-money-cyber-criminals-are-installing-cryptojacking-malware-on-unpatched-microsoft-exchange-servers/

NAME:WRECK DNS Vulnerabilities Affect Over 100 Million Devices

Security researchers have disclosed nine vulnerabilities affecting network communication stacks running on at least 100 million devices. Collectively referred to as NAME: WRECK, the flaws could be leveraged to take offline affected devices or to gain control over them. The vulnerabilities were found in a wide range of products, from high-performance servers and networking equipment to operational technology (OT) systems that monitor and control industrial equipment. According to researchers threat actors could exploit NAME:WRECK vulnerabilities to deal significant damage to government or enterprise servers, healthcare facilities, retailers, or companies in the manufacturing business by stealing sensitive data, modifying or taking equipment offline for sabotage purposes.

https://www.bleepingcomputer.com/news/security/name-wreck-dns-vulnerabilities-affect-over-100-million-devices/

Brits Still Confused By Multi-Factor Authentication

The British public are still woefully underinformed and unaware of the security benefits of multi-factor authentication (MFA). The industry association, founded in 2012 to promote authentication standards and reduce global reliance on passwords, recently polled over 4000 consumers in the UK, France, Germany, and the US. It revealed that half (49%) UK consumers have had their social media accounts compromised or know a friend or family member who has. However, despite a continued number of high-profile account takeovers, 43% said this does not make them enhance security on their accounts, even though they “feel like” they should. Part of the problem seems to be a general lack of understanding about the benefits of MFA in protecting account holders from phishing, as well as credential stuffing and other brute force attack types. Although such features are offered by all social media companies today, over a quarter (26%) of respondents said they were not using or didn’t know about them.

https://www.infosecurity-magazine.com/news/brits-still-confused-by/

623K Payment Cards Stolen From Cyber Crime Forum

The Swarmshop cyber underground “card shop” has been hit by hackers, who lifted the site’s database of stolen payment-card data and leaked it online. That is according to researchers, who said that the database was posted on a rival underground forum. Card shops, are online cyber criminal forums where stolen payment-card data is bought and sold. Researchers said the database in question contains 623,036 payment-card records from card-issuers in Brazil, Canada, China, France, Mexico, Saudi Arabia, Singapore, the U.K., and the U.S.

https://threatpost.com/623m-payment-cards-stolen-from-cybercrime-forum/165336/

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Threats

Ransomware

• How The Kremlin Provides A Safe Harbour For Ransomware

• Dutch Supermarkets Run Out Of Cheese After Ransomware Attack

• This Nasty Ransomware Hacks Your VPN To Break Into Your Device

Phishing

• New Invoice Payment Phishing Attack

• Tax Phish Swims Past Google Workspace Email Security

Other Social Engineering

• 7 New Social Engineering Tactics Threat Actors Are Using Now

• Cloud-Native Watering Hole Attack: Simple And Potentially Devastating

Malware

• Hackers Using Website's Contact Forms to Deliver IcedID Malware

Mobile

• Joker Malware Infected 538,000 Huawei Android Devices

Vulnerabilities

• Chrome And Edge Hacked By New Zero-Day Flaw — What To Do

• Adobe Patches Slew of Critical Security Bugs in Bridge, Photoshop

• Microsoft Security Update Fixes Zero-Day Vulnerabilities In Windows And Other Software

• Critical Security Alert: If You Haven't Patched This Old Vpn Vulnerability, Assume Your Network Is Compromised

• WhatsApp Addressed Two Security Vulnerabilities In Its App For Android That Could Have Been Exploited To Remotely Hack The Victim’s Device.

• Security Bug Allows Attackers to Brick Kubernetes Clusters

• 84% Of Codebases Contain An Open Source Vulnerability

Data Breaches

• Clubhouse Data Breach: 1.3 Million Users Have Info Leaked Online

• Covid Results Emails May Breach GDPR

Organised Crime & Criminal Actors

• Coronavirus Triggers Epidemic Of Cyber Fraud

Nation State Actors

• Iran Vows Revenge For 'Israeli' Attack On Natanz Nuclear Site

• US Poised To Impose Sanctions On Russia For Cyber-Attacks

• NSA: Top 5 Vulnerabilities Actively Abused By Russian Govt Hackers

Privacy

• 24% Of Workers Spied On By Bosses

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Reports Published in the Last Week

• SMB Cyber Security Trust & Confidence Report 2021

• Most Imitated Brands In Phishing Emails In First Quarter Of 2021: Report

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Other News

• A Casino Gets Hacked Through a Fish-Tank Thermometer

• SolarWinds: US and UK blame Russian intelligence service hackers for major cyberattack

• Detecting the "Next" SolarWinds-Style Cyber Attack

• The FBI Is Remotely Hacking Hundreds Of Computers To Protect Them From Hafnium

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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.

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

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

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 09 April 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.

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Image by Thank you for your support Donations welcome to support from Pixabay

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Top Cyber Stories of the Last Week

Ransomware Attacks Grew By 485% In 2020

Ransomware attacks increased by an astonishing 485% in 2020 compared to 2019, according to Bitdefender’s 2020 Consumer Threat Landscape Report, which highlighted the ways cyber criminals targeted the COVID-19 pandemic. Interestingly, nearly two-thirds (64%) of the ransomware attacks took place in the first two quarters of 2020.

https://www.infosecurity-magazine.com/news/ransomware-attacks-grow-2020/

Cyber Insurance Firm Suffers Sophisticated Ransomware Cyber Attack; Data Obtained May Help Hackers Better Target Firm’s Customers

One of the largest insurance firms in the US CNA Financial was reportedly hit by a “sophisticated cyber security attack” on March 21, 2021. The cyber attack disrupted the company’s employee and customer services for three days as the company shut down “out of an abundance of caution” to prevent further compromise.

https://www.cpomagazine.com/cyber-security/cyber-insurance-firm-suffers-sophisticated-ransomware-cyber-attack-data-obtained-may-help-hackers-better-target-firms-customers/amp/

Ransom Gangs Emailing Victim Customers For Leverage

Some of the top ransomware gangs are deploying a new pressure tactic to push more victim organisations into paying an extortion demand: Emailing the victim’s customers and partners directly, warning that their data will be leaked to the dark web unless they can convince the victim firm to pay up.

https://krebsonsecurity.com/2021/04/ransom-gangs-emailing-victim-customers-for-leverage/

'We Have Your Porn Collection': The Rise Of Extortionware

Experts say the trend towards ransoming sensitive private information could affect companies not just operationally but through reputation damage. It comes as hackers bragged after discovering an IT Director's secret porn collection. The targeted US firm has not publicly acknowledged that it was hacked. In its darknet blog post about the hack last month, the cyber-criminal gang named the IT director whose work computer allegedly contained the files.

https://www.bbc.co.uk/news/technology-56570862

Should Firms Be More Worried About Firmware Cyber Attacks?

Microsoft recently put out a report claiming that businesses globally are neglecting a key aspect of their cyber security - the need to protect computers, servers, and other devices from firmware attacks. Its survey of 1,000 cyber security decision makers at enterprises across multiple industries in the UK, US, Germany, Japan, and China has revealed that 80% of firms have experienced at least one firmware attack in the past two years. Yet only 29% of security budgets have been allocated to protect firmware.

https://www.bbc.co.uk/news/business-56671419

Armed Conflict Draws Closer As State-Backed Cyber Attacks Intensify

The world is coming perilously close to nation states retaliating against cyber attacks with conventional weapons, according to a new HP report. Publicly available reports into state-sponsored attacks and interviews with scores of experts. It claimed there has been a 100% increase in “significant” state-backed attacks between 2017-20, and an average of over 10 publicly attributed attacks per month in 2020 alone.

https://www.infosecurity-magazine.com/news/armed-conflict-closer-state/

Coca-Cola Trade Secret Theft Underscores Importance Of Insider Threat Early Detection

The trial of Xiaorong You started in Greenville, TN, this week. She is accused of trade secret theft and economic espionage after allegedly stealing technologies owned by several companies, including her former employers Coca-Cola and Eastman Chemical Company. The value placed on the development of the stolen technologies is $119.6 million. Other affected companies include Azko-Nobel, Dow Chemical, PPG, TSI, Sherwin Williams and ToyoChem.

The details of the case suggest that the damages the accused is allegedly responsible for could have been minimized if better real-time insider threat detection methods had been in place. They also outline possible motives for the theft of the intellectual property: ego and money.

https://www.csoonline.com/article/3613953/coca-cola-trade-secret-theft-underscores-importance-of-insider-threat-early-detection.html

Attackers Blowing Up Discord, Slack With Malware

Workflow and collaboration tools like Slack and Discord have been infiltrated by threat actors, who are abusing their legitimate functions to evade security and deliver info-stealers, remote-access trojans (RATs) and other malware. The pandemic-induced shift to remote work drove business processes onto these collaboration platforms in 2020, and predictably, 2021 has ushered in a new level cyber criminal expertise in attacking them.

https://threatpost.com/attackers-discord-slack-malware/165295/

Scraped Data Of 500 Million LinkedIn Users Being Sold Online, 2 Million Records Leaked As Proof

An archive containing data purportedly scraped from 500 million LinkedIn profiles has been put for sale on a popular hacker forum, with another 2 million records leaked as a proof-of-concept sample by the post author. The four leaked files contain information about the LinkedIn users whose data has been allegedly scraped by the threat actor, including their full names, email addresses, phone numbers, workplace information, and more.

While users on the hacker forum can view the leaked samples for about $2 worth of forum credits, the threat actor appears to be auctioning the much-larger 500 million user database for at least a 4-digit sum, presumably in bitcoin.

https://cybernews.com/news/stolen-data-of-500-million-linkedin-users-being-sold-online-2-million-leaked-as-proof-2/

Massive Facebook Data Breach Leaks Info On Millions Of Users

The personal information of hundreds of millions of Facebook users across the globe has been leaked online. Around 533 million Facebook users are thought to have been affected by the data breach, with phone numbers, Facebook ID, full name, location, past location, birthdate, email address, account creation date, relationship status, and personal bios all available. The data is thought to be the same set that was leaked in January 2021 and was available to purchase online, meaning Facebook has failed to secure its users once again.

https://www.techradar.com/uk/news/massive-facebook-data-breach-leaks-info-on-millions-of-users

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Threats

Ransomware

• REvil ransomware now changes password to auto-login in Safe Mode

Phishing

• LinkedIn Spear-Phishing Campaign Targets Job Hunters

• Phishing Emails Most Commonly Originate from Eastern Europe

Malware

• IcedID Banking Trojan Surges: The New Emotet?

• New wormable Android malware poses as Netflix to hijack WhatsApp sessions

Mobile

• Another supply-chain attack? Android maker Gigaset injects malware into victims' phones via poisoned update

IOT

• 99% of security pros concerned about their IoT and IIoT security

Vulnerabilities

• Critical Zoom vulnerability triggers remote code execution without user input

• Zero-Day Bug Impacts Problem-Plagued Cisco SOHO Routers

• Bug allows attackers to hijack Windows time sync software used to track security incidents

• Critical Cloud Bug in VMWare Carbon Black Allows Takeover

• AMD admits Zen 3 processors are vulnerable to Spectre-like side-channel attack

• Hackers are actively targeting FortiOS vulnerabilities

• Legacy QNAP NAS Devices Vulnerable to Zero-Day Attack

• SAP Bugs Under Active Cyberattack, Causing Widespread Compromise

Data Breaches

• Adult content from hundreds of OnlyFans creators leaked online

• A huge trove of credit card records and Social Security numbers just got hacked

• Booking.com fined €475,000 for late reporting of data breach

Nation State Actors

• Spy Operations Target Vietnam with Sophisticated RAT

• North Korean hackers return, target infosec researchers in new operation

Privacy

• Cyber criminals could be watching your home security footage

• The Home Office is preparing another attack on encryption

Other News

• Ubiquiti is accused of covering up a ‘catastrophic’ data breach — and it’s not denying it

• VISA: Hackers increasingly using web shells to steal credit cards

• Cloud-native watering hole attack: Simple and potentially devastating

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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.

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

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

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 01 April 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.

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Image by Jo_Johnston from Pixabay

Top Cyber Stories of the Last Week

Boards Still Aren't Taking Cyber Security Seriously, That Means Everyone Is At Risk

Cyber security still is not taken as seriously as it should be by boardroom executives – and that's leaving organisations open to cyber attacks, data breaches and ransomware, the new boss of the National Cyber Security Centre (NCSC) has warned. In her first speech since taking the helm of the UK cyber security agency, CEO Lindy Cameron said cyber security should be viewed with the same importance to CEOs as finance, legal or any other vital day-to-day part of the enterprise.

https://www.zdnet.com/article/boardrooms-still-arent-taking-cybersecurity-seriously-and-thats-putting-everyone-at-risk-from-attacks-warns-new-ncsc-boss/

Nearly 40% Of New Ransomware Families Use Both Data Encryption And Data Theft In Attacks

2020 saw an explosion of ransomware that also steals data, giving the attackers more leverage over their victims. If organisations first refuse to pay a ransom to decrypt their data, attackers threaten to leak the stolen information, increasing pressure on victims to pay. This evolution, referred to as Ransomware 2.0 in the report, was a significant development in 2020. Only one ransomware group was observed using this type of extortion in 2019. By the end of 2020, 15 different ransomware families had adopted this approach. Furthermore, nearly 40% of ransomware families discovered in 2020, as well as several older families, were known to also steal data from victims by the end of last year.

https://www.helpnetsecurity.com/2021/03/31/ransomware-families-data-encryption/

Ransomware: Why We Are Now Facing A Perfect Storm

Ransomware is becoming more successful than ever before because of a combination of factors that allow cyber criminals to easily gain access to corporate networks – and they are finding success because a significant number of organisations that fall victim to attacks are willing to pay the ransom. A report warns that the 'perfect storm' of conditions have come together and allowed ransomware attacks to run rampant against organisations around the world.

https://www.zdnet.com/article/ransomware-why-were-now-facing-a-perfect-storm/

Ransomware: Nearly A Fifth Of Victims Who Pay Off Extortionists Fail To Get Their Data Back

The poll found that close to half (46%) of UK ransomware victims paid the ransom to restore access to their data last year, yet an unfortunate 11% of victims who shelled out did not have their stolen data returned. Whether they paid or not, only 18% of 1,006 UK victims surveyed were able to restore all their encrypted or blocked files following an attack. Internationally the picture is still worse with more than half (56%) paying off extortionists and nearly one in five of whom (17%) failing to get their data back even after paying out.

https://portswigger.net/daily-swig/ransomware-nearly-a-fifth-of-victims-who-pay-off-extortionists-fail-to-get-their-data-back

Billions Of Records Have Been Hacked Already. Make Cyber Security A Priority Or Risk Disaster

More data records have been compromised in 2020 alone than in the past 15 years combined, in what is described as a mounting "data breach crisis" in the latest study from analysis. Over the past 12 months, 31 billion data records have been compromised. This is up 171% from the previous year and constitutes well over half of the 55 billion data records that have been compromised in total since 2005.

https://www.zdnet.com/article/billions-of-records-have-been-hacked-already-make-cybersecurity-a-priority-of-risk-disaster-warns-analyst/

Ransomware Gang Urges Victims’ Customers To Demand A Ransom Payment

A ransomware operation known as 'Clop' is applying maximum pressure on victims by emailing their customers and asking them to demand a ransom payment to protect their privacy. A common tactic used by ransomware operations is to steal unencrypted data before encrypting a victim's network. This data is then used in a double-extortion tactic where they threaten to release the data if a ransom is not paid.

https://www.bleepingcomputer.com/news/security/ransomware-gang-urges-victims-customers-to-demand-a-ransom-payment/

Employee Lockdown Stress May Spark Cyber Security Risk

Stressed-out employees in a remote-working world could be a major contributor to poor cybersecurity postures for companies, according to a survey. Among other findings, the survey found that younger employees as well as people caring for children or other family members reported more stress in their lives, as well riskier IT behaviours when compared to other demographics. For instance, 67 percent of employees under 30 said they use shadow IT (unsanctioned apps, services, and equipment) to help them to perform certain tasks more easily, compared to 27 percent of older workers.

https://threatpost.com/employee-lockdown-stress-cybersecurity-risk/165050/

Shadow IT Is Your Organisation's Next Remote-Working Nightmare

Shadow IT refers to the use of devices, systems and software outside of those permitted by an organisational IT department. According to new research by software company Forcepoint, more than a third (37%) of UK employees are now relying on shadow IT at home, increasing companies' exposure to cyber security risks.

The use of personal devices appears to be one of the biggest culprits: 48% of respondents admitted to using their own devices to access work documents and corporate networks while working from home. Meanwhile, 34% of employees reported using private email or file-sharing cloud services for work purposes – again against the advice of employers.

https://www.techrepublic.com/article/shadow-it-is-your-organizations-next-remote-working-nightmare/

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Threats

Ransomware

• Ransomware attack on UK charity affects 37,000 students

• Hades Ransomware Linked to Hafnium and Exchange Attacks

• Retailer FatFace pays $2m ransom to Conti cyber criminals

Malware

• Fake jQuery files infect WordPress sites with malware

• Fileless Malware Detections Soar 900% in 2020

Mobile

• This Android update is really nasty spyware

Vulnerabilities

• 5G network slicing flaws pose denial-of-service, data theft risk

• OpenSSL fixes two high-severity crypto bugs

• Apple fixes an iOS zero-day vulnerability actively used in attacks

• SolarWinds patches critical code execution bug in Orion Platform

• Facebook for WordPress Plugin Vulnerability Targets +500,000 Sites

Data Breaches

• Whistleblower claims Ubiquiti Networks data breach was ‘catastrophic’

• Ubiquiti breach puts countless cloud-based devices at risk of takeover

Dark Web

• Booming dark web gig economy is a rising threat

Nation State Actors

• Russia suspected of stealing thousands of State Department emails

• APT Charming Kitten Pounces on Medical Researchers

• UK 'must be clear-eyed about Chinese ambition', warns new National Cyber Security Centre chief

Privacy

• These browsers are far less private than they claim to be

• Call centre staff to be monitored via webcam for home-working ‘infractions’

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Other News

• CISA gives federal agencies 5 days to find hacked Exchange servers

• Phone companies 'must do more' to stop fraud calls

• Malicious Docker Cryptomining Images Rack Up 20M Downloads

• Turns Out This Sophisticated Hacking Campaign Was Actually the Work of 'Western Government Operatives'

• Smart Contract Vulnerabilities Are A Ticking Time Bomb Holding Billions of Unsuspecting $$$ Hostage

• Popular remote lesson monitoring program could be exploited to attack student PCs
  

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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.

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

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

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 26 March 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.

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Top Cyber Stories of the Last Week

Cyber Warfare Will Grind Britain’s Economy To A Halt

The UK Integrated Security, Defence, Development and Foreign Policy Review was published this week, reflecting on current concerns and previously announced initiatives. The policy made it clear that emerging networks and technologies, such as electric vehicle charging points, provide an opportunity for adversaries to unbalance, paralyse or even defeat us, and a large scale attack on the UK could grind Britain’s economy to a halt.

https://www.telegraph.co.uk/technology/2021/03/22/cyber-warfare-will-grind-britains-economy-halt/

Almost $2 Billion Lost To BEC Scams In 2020

Losses emanating from Business Email Compromise (BEC) and Email Account Compromise (EAC) scams surpassed US$1.86 billion last year, which is more than the combined losses stemming from the next six costliest types of cyber crime. 19,000 reports of BEC/EAC scams last year, a decrease compared to the almost 24,000 incidents reported in 2019. The associated losses, however, increased by over US$90 million and accounted for 45 percent of the total losses (US$4.2 billion).

https://www.welivesecurity.com/2021/03/23/almost-2billion-lost-bec-scams-2020/

Ransomware Gang Says It Targets Firms Who Have Cyber Insurance

What I found particularly fascinating was a claim made by “Unknown” that the REvil gang specifically targets firms who have taken out insurance against ransomware attacks – presumably in the understandable belief that those corporate victims are more likely to pay up.

https://grahamcluley.com/ransomware-gang-says-it-targets-firms-with-cyber-insurance/

Three Billion Phishing Emails Are Sent Every Day

Cyber criminals are sending over three billion emails a day as part of phishing attacks designed to look like they come from trusted senders. By spoofing the sender identity used in the 'from' field in messages, cyber criminals attempt to lure potential victims into opening emails from names they trust. This could be the name of a trusted brand like a retailer or delivery company, or even, in more sophisticated attacks, the name of their CEO or a colleague.

https://www.zdnet.com/article/three-billion-phishing-emails-are-sent-every-day-but-one-change-could-make-life-much-harder-for-scammers/

Ransomware Gang Demands $50 Million From Computer Maker Acer

Acer has suffered a ransomware attack over the past weekend at the hands of the REvil ransomware gang, which is now demanding a whopping $50 million ransom payment to decrypt the company’s computers and not leak its data on the dark web. The attack has not disrupted production systems but only hit the company’s back-office network. The security breach was not deemed disruptive enough to prevent or delay the computer maker from announcing its Q4 2020 financial results on Wednesday.

https://therecord.media/ransomware-gang-demands-50-million-from-computer-maker-acer/

Office 365 Phishing Attack Targets Financial Execs

A new phishing scam is on the rise, targeting executives in the insurance and financial services industries to harvest their Microsoft 365 credentials and launch business email compromise (BEC) attacks. These new, sophisticated attacks are aimed at C-suite executives, their assistants, and financial departments, and can work around email security and Office 365 defences.

https://threatpost.com/office-365-phishing-attack-financial-execs/164925/

Microsoft Exchange Hacking: Thousands Of Email Servers Still Compromised – Ransomware Operators Still Piling In On Already Hacked Servers

Thousands of Microsoft Exchange servers are still compromised by hackers even after applying fixes. Owners of email servers that were compromised before Microsoft Corp. issued a patch nearly three weeks ago must take additional measures to remove the hackers from their networks. Microsoft has previously warned that patching will not evict a hacker who has already compromised a server.

https://www.livemint.com/technology/tech-news/microsoft-exchange-hacking-thousands-of-email-servers-still-compromised-11616462322125.html

Average Ransom Payment Surged 171% in 2020

The average ransomware payment soared by 171% year-on-year in 2020 as cyber crime gangs queued up to exploit the pandemic. The security vendor’s Unit 42 division compiled its Ransomware Threat Report 2021 from analysis of over 19,000 network sessions, 252 ransomware leak sites and 337 victim organizations.

https://www.infosecurity-magazine.com/news/average-ransom-payment-surged-171/

Phishers’ Perfect Targets: Employees Getting Back To The Office

Phishers have been exploiting people’s fear and curiosity regarding breakthroughs and general news related to the COVID-19 pandemic from the very start and will continue to do it for as long it affects out private and working lives. Cyber criminals continually exploit public interest in COVID-19 relief, vaccines, and variant news, spoofing the Centers for Disease Control (CDC), U.S. Internal Revenue Service (IRS), U.S. Department of Health and Human Services (HHS), World Health Organization (WHO), and other agencies and businesses.

https://www.helpnetsecurity.com/2021/03/22/phishers-employees/

Nasty Malware Stealing Amazon, Facebook And Google Passwords

A new piece of malware called CopperStealer is lurking in “cracked” software downloads available on pirated-content sites, and the malware can compromise your login info for Amazon, Apple, Facebook and Google, among other services. Notably, CopperStealer runs on the same basic principles as SilentFade, a pernicious piece of malware that ravaged Facebook accounts back in 2019.

https://www.tomsguide.com/news/cracked-software-copperstealer-malware

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Threats

Ransomware

• Ransomware Attack Foils IoT Giant Sierra Wireless

• Ransomware Gangs Have Found Another Set Of New Targets: Schools And Universities

• Ransomwared Bank Tells Customers It Lost Their SSNs

Phishing

• 9,000 Employees Targeted In Phishing Attack Against California Agency

• Brazil Leads In Phishing Attacks

• The Human Impact Of A Royal Mail Phishing Scam

• Microsoft Warns Of Phishing Attacks Bypassing Email Gateways

• Office 365 Phishing Attack Targets Financial Execs

Malware

• A Newly-Wormable Windows Botnet Is Ballooning In Size

• Fraudsters Jump On Clubhouse Hype To Push Malicious Android App

• Purple Fox Malware Evolves To Propagate Across Windows Machines

• Nasty malware stealing Amazon, Facebook and Google passwords

IOT

• The US Government Finally Gets Serious About IoT Security

Vulnerabilities

• Critical F5 BIG-IP Flaw Now Under Active Attack

• 5G Network Slicing Vulnerability Leaves Enterprises Exposed To Cyber Attacks

• Hackers Are Exploiting A Server Vulnerability With A Severity Of 9.8 Out Of 10

• WordPress Elementor Vulnerability Affects +7 Million

• Openssl Fixes Severe Dos, Certificate Validation Vulnerabilities

Data Breaches

• FatFace Tells Customers To Keep Its Data Breach ‘Strictly Private’

• Energy giant Shell discloses data breach after Accellion hack

Organised Crime & Criminal Actors

• Russian Pleads Guilty To Conspiracy To Introduce Malware Into Tesla's Computer Network

OT, ICS, IIoT and SCADA

• UK Cyber Security Law Forcing Energy Companies To Report Hacks Has Led To No Reports, Despite Numerous Hacks

Nation State Actors

• The Peculiar Ransomware Piggybacking Off of China’s Big Hack

• Working From Home? Watch for a Chinese Cyber Attack

Privacy

• Millions of People Can Lose Sensitive Data through Travel Apps, Privacysavvy reports

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Other News

• Oauth Apps Are Being Exploited To Launch Cyberattacks

• API Security Becomes A ‘Top’ Priority For Enterprise Players

• Remote Work Makes Cyber Security A Top Worry For CEOs

• Microsoft Exchange Server attacks: 'They're being hacked faster than we can count', says security company

• Office 365 Cyber Attack Lands Disgruntled IT Contractor in Jail

• Energy Giant Shell Is Latest Victim of Accellion 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.

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

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

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.

Why you need a CISO - Cyber Tip Tuesday video

Welcome to this week's Black Arrow Cyber Tip Tuesday, this week I'm talking about why firms should think about having a CISO

Information security is a wide and complex subject and it would be wrong for us to pretend otherwise.

There are lots of different specialisms and it takes many years to become an expert, no one is expecting board members to become cyber experts but Boards will need to ensure they have access to expertise in this area.

Ultimately this comes down to being able to pull a lot of things together: Managing risks and controls, taking appropriate steps to secure the technology in use across the organisation, managing the different tools and vendors, managing supply chain risks, dealing with legal and compliance requirements, ensuring users are trained and kept abreast of the latest threat and tactics, monitoring output from whatever detection capability, responding to incidents, spearheading recovery efforts, and a lot more, all the while communicating with the Board in language they understand, aligning security with business goals and objectives and helping the business to grow securely by adopting and adapting to new technologies and new challenges for the business.

Ultimately it is the role of the CISO to provide strategy, leadership and governance to the Board.

If you don’t have this expertise in house you will probably need to get this function in from outside of your organisations.

We can provide a virtual CISO for your organisation, fully scalable depending on your needs, and by employing a corporate CISO you get a whole team’s worth of skills and expertise.

You can give your clients the assurance they need by telling them you appreciate how big a risk cyber threats are, and that in order to address these risks you have unrivalled world class experts from British Intelligence, Law Enforcement, Government, Big-4 Advisory, FTSE100, Global Financial Services and the GFSC, working to protect them, and to keep their data and their assets safe - safeguarding your own data, assets and reputation in the process.

Black Arrow Cyber Threat Briefing 19 March 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.

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Image by Muhammad Ribkhan from Pixabay

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Top Cyber Stories of the Last Week

Tens Of Thousands Of Microsoft Exchange Customers Are Under Assault From Hackers, Experts Warning Of Unprecedented Damage, Exploits Being Targeted By "At Least 10 Hacker Groups"

Four exploits in Microsoft Exchange Server hit the news last week, when we heard that a Chinese hacking group had targeted the email servers of some 30,000 U.S. government and commercial organisations. The exploits had been patched by Microsoft, but the hacking group known as “Hafnium” had doubled-up on efforts targeting unpatched servers. Security researchers found that at least 10 APT groups are taking advantage of the exploits in an attempt to compromise servers around the world. Winniti Group, Calypso, Tick, and more are among the groups identified.

https://www.techspot.com/news/88913-microsoft-exchange-server-exploits-targeted-least-10-hacker.html

Over $4.2 Billion Officially Lost To Cyber Crime In 2020

Cyber crime affecting victims in the U.S., noting a record number of complaints and financial losses in 2020 compared to the previous year. The Internet Crime Complaint Center (IC3) received last year 791,790 complaints - up by 69% from 2019 - of suspected internet crime causing more than $4 billion in losses. While most complaints were for phishing, non-payment/non-delivery scams, and extortion, about half of the losses are accounted by business email compromise (BEC), romance and confidence scams, and investment fraud.

https://www.bleepingcomputer.com/news/security/fbi-over-42-billion-officially-lost-to-cybercrime-in-2020/

Cyber Attacks Multiply On Wealthy Investors

An email nearly cost a wealthy British art collector £6m, after hackers monitored email correspondence between the client and an art dealer the client had been negotiating with for a year, with hackers impersonating the genuine art dealer, learning to impersonate the tone and language used — even gleaning private family news and the names of partners and children.

Just when the collector and the art dealer finally reached a conclusion on price, the client received an email to say something along the lines of, I hope the children are recovering from their colds — we have just amended our bank details for security and here they are. As it matched the tone of previous emails the art-loving client didn't think anything was amiss.

Fortunately, his family office phoned the real dealer to check the transaction before approving a transfer and the scam was discovered in time, but many people are not so lucky.

https://www.ft.com/content/cdfe8d97-6431-48e2-a8a7-7d760c6e9ed6

Cyber Strength Now Key To National Security, Says UK

In what has been billed as the largest security and foreign policy strategy revamp since the Cold War, the UK government has outlined new defence priorities – with at their heart, the imperative to boost the use of new technologies to safeguard the country. Prime minister Boris Johnson unveiled the integrated review this week, which has been in the making for over a year and will be used as a guide for spending decisions in the future. Focusing on foreign policy, defense and security, the review sets goals for the UK to 2025; and underpinning many of the targets is the objective of modernizing the country's armed forces.

https://www.zdnet.com/article/cyber-strength-now-key-to-national-security-says-uk/

Largest Ransomware Demand Now Stands At $30 Million As Crooks Get Bolder

Ransomware shows no sign of slowing down as the average ransom paid to cyber criminals by organisations that fall victim to these attacks has nearly tripled over the past year. Cyber security researchers analysed ransomware attacks targeting organisations across North America and Europe and found that the average ransom paid in exchange for a decryption key to unlock encrypted networks rose from $115,123 in 2019 to $312,493 in 2020.

https://www.zdnet.com/article/largest-ransomware-demand-now-stands-at-30-million-as-crooks-get-bolder/

Mimecast: SolarWinds Attackers Stole Source Code

Hackers who compromised Mimecast networks as part of the SolarWinds espionage campaign have swiped some of the security firm’s source code repositories, according to an update by the company. The email security firm initially reported that a certificate compromise in January was part of the sprawling SolarWinds supply-chain attack that also hit Microsoft, FireEye and several U.S. government agencies.

https://threatpost.com/mimecast-solarwinds-attackers-stole-source-code/164847/

71 Percent Of Office 365 Users Suffer Malicious Account Takeovers

88 percent of companies have accelerated their cloud and digital transformation projects due to COVID-19. But it also finds that 71 percent of Microsoft Office 365 deployments have suffered an account takeover of a legitimate user's account, not just once, but on average seven times in the last year.

https://betanews.com/2021/03/17/office-365-malicious-account-takeovers/

More Than 16 Million Covid-Themed Cyber Attacks Launched In 2020

COVID-19 dominated everyone's lives throughout 2020 but a new report from a cyber security company found that the pandemic was also the main theme of nearly 16.5 million threats and attacks launched against its customers. Researchers wrote that they dealt with 16,393,564 threats that had a COVID-19-related tint to them, with 88% of the threats coming in spam emails and another 11% coming in the form of URLs. Malware accounted for 0.2%, or nearly 33,000, of the threats

https://www.techrepublic.com/article/more-than-16-million-covid-themed-cyberattacks-launched-in-2020/#ftag=RSS56d97e7

“Expert” Hackers Used 11 0-Days To Infect Windows, iOS, And Android Users

Using novel exploitation and obfuscation techniques, a mastery of a wide range of vulnerability types, and a complex delivery infrastructure, the group exploited four zero-days in February 2020. The hackers’ ability to chain together multiple exploits that compromised fully patched Windows and Android devices led members of Google’s Project Zero and Threat Analysis Group to call the group “highly sophisticated.”

https://arstechnica.com/information-technology/2021/03/expert-hackers-used-11-zerodays-to-infect-windows-ios-and-android-users/

Cyber Attacks: Is The ‘Big One’ Coming Soon?

2020 was the year that the COVID-19 crisis also brought a cyber pandemic. Late last year, the security industry’s top experts from global cyber security company leadership predicted even worse cyber security outcomes for 2021 compared to what we saw in 2020. In December, we learned about how SolarWinds’ Orion vulnerability was compromised, causing one of the worst data breaches in history that is still evolving for about 18,000 organisations.

https://www.govtech.com/blogs/lohrmann-on-cybersecurity/cyber-attacks-is-the-big-one-coming-soon.html

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Threats

Ransomware

• Rise in PYSA ransomware operators targeting US, UK schools

• Birmingham college falls victim to 'major ransomware attack'

Phishing

• Ongoing Office 365-themed phishing campaign targets executives, assistants, financial departments

• Phishing sites now detect virtual machines to bypass detection

Malware

• New botnet targets network security devices with critical exploits

• New ZHtrap botnet malware deploys honeypots to find more targets

• Latest Mirai Variant Targets SonicWall, D-Link and IoT Devices

IOT

• Critical Security Hole Can Knock Smart Meters Offline

• Your insecure Internet of Things devices are putting everyone at risk of attack

Vulnerabilities

• DuckDuckGo browser extension vulnerability leaves Edge users open to potential cyber-snooping

• “Expert” hackers used 11 zerodays to infect Windows, iOS, and Android users

• Google fixes the third actively exploited Chrome 0-Day since January

• Experts found 15 flaws in Netgear JGS516PE switch, including a critical RCE

• Microsoft Exchange Server: These quarterly updates include fixes for security flaws

Data Breaches

• Journalists’ personal and bank details made public after publisher data breach

• 10,000+ WeLeakInfo customer records leaked

• This years-old Microsoft Office vulnerability is still popular with hackers, so patch now

Organised Crime & Criminal Actors

• 18-Year-Old Hacker Gets 3 Years in Prison for Massive Twitter 'Bitcoin Scam' Hack

• Criminal data breach site WeLeakInfo just leaked customer payment details

• Hacker-on-hacker crime is reaching new heights

OT, ICS, IIoT and SCADA

• Security Think Tank: Take a realistic perspective on CNI cyber attacks

Nation-State Actors

• Operation Diànxùn: Cyberespionage Campaign Targeting Telecommunication Companies

Denial of Service

• 4,300 publicly reachable servers are posing a new DDoS hazard to the Internet

Privacy

• The UK Is Secretly Testing a Controversial Web Snooping Tool

• 52% Of Apps Share Your Data

• Google will face lawsuit over Incognito mode tracking

• The UK Is Secretly Testing a Controversial Web Snooping Tool

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Other News

• Sextortion attacks are on the rise in the UK

• Defence review: UK could use Trident to counter cyber-attack

• Nurseries sent first official cyber-attack warning

• Welcome to the era of the mega-hack

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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.

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

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

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.

What is a Cyber 'Trigger Event' under the GFSC Rules - and what firms need to do to evidence they have taken appropriate steps

Priority action for all regulated firms in Guernsey: Microsoft announced that email servers are being attacked, and the GFSC rules require you to record how you have reviewed your cyber security controls to address this.

In an alarming announcement earlier this month, Microsoft alerted all customers across the world that their Exchange email servers may have been compromised by “state-sponsored [attackers] operating out of China”. Microsoft then announced that it continues to see the attacks growing by “multiple actors taking advantage of unpatched systems”.

The new GFSC Cyber Security Rules, which all regulated firms must comply with immediately, foresaw that sinister events such as these will increasingly occur. The Rules require Boards to review their controls if there is a “trigger event” which is defined as a “significant occurrence which would indicate that the licensee may be susceptible to a cyber security event” including “a vulnerability announcement issued by a software or hardware provider” and “international warnings of cyber security threats, vulnerabilities or incidents”.

Here, we share Black Arrow’s observations on how this ‘trigger event’ occurred, and how firms in Guernsey can demonstrate compliance with the GFSC Cyber Security Rules.

An attack on Microsoft Exchange email servers across the world

On 3rd March 2021 Microsoft released a statement indicating that their on-premises email server, Microsoft Exchange, was subject to several zero-day exploits of  “critical” vulnerabilities. A zero-day exploit is where an attacker uses a previously unknown weakness in computer systems for which there is no known mitigation such as a software security patch from the vendor. Microsoft stated that it wanted to “emphasize the critical nature of these vulnerabilities” which was evidenced in the way it gave comprehensive advice on what their customers should do.

Attackers will make the best use of the zero-day vulnerability until the software vendor, in this case Microsoft, creates and releases a fix. Although Microsoft has now released a corrective software patch, the troubling feature of this incident is that Microsoft says that just applying the patch “will not evict an adversary who has already compromised a server”. This means that cyber security teams in Guernsey need to investigate and implement controls that will identify and address activity by someone who is already in the firm’s network.

What the GFSC Rules require you to do

Microsoft strongly urged customers to “update on-premises systems immediately”, which include those of local IT providers, but it highlighted that “Exchange Online is not affected”. It also advised thoroughly investigating specific Indicators of Compromise that it listed, to identify whether the environment had been compromised through these vulnerabilities.

In addition, the GFSC Rules require regulated firms to review, and importantly to record, whether their approach to cyber security is still appropriate in the light of a ‘trigger event’ such as this. This goes to the heart of the Rules, which highlights that cyber security is never a one-time project but that firms must periodically review their controls across people, operations and technology, especially after the major alert this month.

To be effective, the review should be objective and impartial, and it should cover people, operations and technology. Cyber security is owned by the Board, and can never be handed to IT as a one-stop-shop to achieve compliance.

At Black Arrow, we work with clients to perform documented assurance for events like this as well as undertaking a gap analysis that identifies the priority areas of focus for organisations to achieve and demonstrate compliance with the GFSC Rules. The GFSC Rules were established following the thematic review conducted by one of our founding directors. Contact us to gain a better understanding of how the recent attacks affect your business, and what you can do to improve your protection in line with GFSC requirements.

Black Arrow Cyber Threat Briefing 12 March 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.

Image by Tumisu from Pixabay

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Top Cyber Stories of the Last Week

‘Really Messy’: Why The Hack of Microsoft’s Email System Is Getting Worse, With Attacks Doubling Every Two Hours

The cyber security community sprang into action after Microsoft first announced a series of vulnerabilities that let hackers break into the company's Exchange email and calendar programs. China has used it to spy on a wide range of industries in the United States ranging from medical research to law firms to defence contractors, the company said. China has denied responsibility. In the past 24 hours, the team has observed "exploitation attempts on organizations doubling every two to three hours." The countries feeling the brunt of attack attempts are Turkey, the United States, and Italy, accounting for 19%, 18%, and 10% of all tracked exploit attempts, respectively.

https://www.nbcnews.com/tech/security/really-messy-hack-microsofts-email-system-getting-worse-rcna377

https://www.zdnet.com/article/microsoft-exchange-server-hacks-doubling-every-two-hours/

Trickbot Malware Is Now Your Biggest Security Headache

Trickbot malware has risen to fill the gap left by the takedown of the Emotet botnet, with a higher number of criminals shifting towards it to distribute malware attacks. Emotet was the world's most prolific and dangerous malware botnet before it was disrupted by an international law enforcement operation in January this year.

https://www.zdnet.com/article/this-trojan-malware-is-now-your-biggest-security-headache/

Cyber Criminals Are Increasingly Targeting Browser Zero Days

As more and more of our work is done within our browsers, cyber criminals have begun to leverage web browser exploits to compromise endpoint systems, according to new research from Menlo Security. At the same time, enterprises around the world were forced to make an almost overnight transition to remote work last year and this surge in employees working from home along with the shift to cloud computing have resulted in a greatly increased attack surface.

https://www.techradar.com/news/cybercriminals-are-increasingly-targeting-browser-zero-days

More Than 1m Small Businesses ‘At Risk Of Collapse’ Due To Cyber Threats

The research, commissioned by Vodafone, also showed that 16 per cent of firms would likely be forced to lay off staff in the event of a hack. As a result, the report called on ministers to beef up the country’s corporate cyber defences, warning that a failure to do so could hamper the post-pandemic economic recovery. It urged the government to expand a dedicated business cyber security within the National Cyber Security Centre (NCSC), which is part of GCHQ, and introduce a five per cent VAT cut on cybersecurity products for small companies.

Number Of Ransomware Attacks Grew By More Than 150%

By the end of 2020, the ransomware market, fueled by the pandemic turbulence, had turned into the biggest cyber crime money artery. Based on the analysis of more than 500 attacks observed during Group-IB’s own incident response engagements and cyber threat intelligence activity, researchers estimate that the number of ransomware attacks grew by more than 150% in 2020.

https://www.helpnetsecurity.com/2021/03/08/ransomware-attacks-grew-2020/

Hackers Are Using Home Office Selfies To Steal Your Personal Data

The pandemic has been the source of plenty of memes and new internet trends, not least the remote working selfie, which involves people taking photos of their home office setup or video conferencing sessions. However, a new blog suggests cyber criminals are capitalizing on this new genre of selfie to steal a range of personal data that could be used to execute identity or financial fraud.

https://www.techradar.com/uk/news/hackers-are-using-home-office-selfies-to-steal-your-personal-data

Massive Supply-Chain Cyber Attack Breaches Several Airlines

A communications and IT vendor for 90 percent of the world’s airlines, SITA, has been breached, compromising passenger data stored on the company’s U.S. servers in what the company is calling a “highly sophisticated attack.” The affected servers are in Atlanta, and belong to the SITA Passenger Service System (SITA PSS).

https://threatpost.com/supply-chain-cyberattack-airlines/164549/

Millions Of Windows Devices Are Still Infested With Malware

Over 100 million Windows consumer and business devices across the world were infected with malware last year, new analysis has found. While examining the recent Malwarebytes "State of Malware" report, Atlas VPN noted that whilst the number of infected Windows machines seems high, this landmark figure was actually 12% drop when compared to 2019.

https://www.techradar.com/uk/news/millions-of-windows-devices-are-still-infested-with-malware

Did You Know Browser Extensions Are Looking at Your Bank Account?

Browser extensions have full access to all the web pages you visit. It can see which web pages you are browsing, read their contents, and watch everything you type. It could even modify the web pages—for example, by inserting extra advertisements. If the extension is malicious, it could gather all that private data of yours—from web browsing activity and the emails you type to your passwords and financial information—and send it to a remote server on the internet.

https://www.howtogeek.com/716771/did-you-know-browser-extensions-are-looking-at-your-bank-account/

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Threats

Ransomware

• Capcom reportedly forced employees to work in the office following ransomware attack

• Fake Ad Blocker Delivers Hybrid Cryptominer/Ransomware Infection

• New ransomware only decrypts victims who join their Discord server

Phishing

• Fake Google reCAPTCHA Phishing Attack Swipes Office 365 Passwords

Malware

• Nim-Based Malware Loader Spreads Via Spear-Phishing Emails

• Supernova malware clues link Chinese threat group Spiral to SolarWinds server hacks

Mobile

• Malicious apps on Google Play dropped banking Trojans on user devices

Vulnerabilities

• Microsoft's March Patch Tuesday: Critical remote code execution flaws, IE zero-day fixed

• F5 issues BIG-IP patches to tackle unauthenticated remote code execution, critical flaws

• Hackers Exploit QNAP Vulnerabilities to Turn NAS Devices Into Crypto Miners

• Malware Can Exploit New Flaw in Intel CPUs to Launch Side-Channel Attacks

• Adobe releases batch of security fixes for Framemaker, Creative Cloud, Connect

• Critical 0-day that targeted security researchers gets a patch

• Intel CPU interconnects can be exploited by malware to leak encryption keys and other info

• Now it is F5’s turn to reveal critical security bugs – and the Feds were quick to sound the alarm on these BIG-IP flaws

Organised Crime

• Police raids across Europe after encrypted phone network shut down

Dark Web

• Dark Web Markets for Stolen Data See Banner Sales

OT, ICS, IIoT and SCADA

• Hack of '150,000 cameras' investigated by camera firm

Nation-State Actors

• Researchers Unveil New Linux Malware Linked to Chinese Hackers

• United States considering cyber war on Russia in retaliation for SolarWinds hack

Privacy

• The UK is secretly testing a controversial web snooping tool

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Other News

• This Unassuming Little Device Can Hack Your Smart Home

• Did You Know Browser Extensions Are Looking at Your Bank Account?

• White hat bounty hackers become millionaires

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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.

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

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

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 05 March 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.

Image by Tumisu from Pixabay

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Top Cyber Stories of the Last Week

New Strain Of Ransomware Implements Self-Spreading Capabilities

French experts spotted a new Ryuk ransomware variant that implements self-spreading capabilities to infect other devices on victims’ local networks.

This new version has a new attribute that allows it to self replicate over the local network allowing the malware to propagate itself – machine to machine – within the Windows domain. Once launched, it will spread itself to every Windows machine it can reach.

https://securityaffairs.co/wordpress/115064/reports/ryuk-ransomware-self-spreading-capabilities.html

One In Four People Use Work Passwords For Consumer Websites

The report found that one in four consumers admit to using their work email or passwords to log in to consumer websites and applications such as food delivery apps, online shopping sites and even dating apps. The report found that consumers are neglecting to implement fundamental security safeguards across smart IoT devices at home, which could have serious security ramifications on both the individual and the enterprise amid increased and ongoing remote work spurred by the COVID-19 pandemic.

https://www.helpnetsecurity.com/2021/02/26/use-work-passwords-for-consumer-websites/

Massive Rise In Threats Across Expanding Attack Surfaces

New malware samples nearly doubled: New ransomware samples increased 106% year-over-year. Trojans increased 128%, with threat actors using trojans to exploit lower-severity vulnerabilities. Sophisticated, multi-staged attacks and malware-as-a-service have become the norm. Vulnerabilities hit a new high: 18,341 new vulnerabilities in 2020 have been reported. To stay ahead of attacks, security and risk leaders need sophisticated insights into which vulnerabilities are high-risk and remediation options for all assets, including non-patching options.

https://www.helpnetsecurity.com/2021/02/26/expanding-attack-surfaces/

Half of Organisations Concerned Remote Working Puts Them at Greater Risk of Cyber Attacks

Half of organizations are concerned that the shift to remote work is putting them a greater risk of Cyber Attacks, according to a new study with IDG. A survey of UK CIOs, CTOs and IT decision makers revealed that insecure practices are regularly taking place among remote workers, providing more opportunities for Cyber Criminals to strike.

https://www.infosecurity-magazine.com/news/half-orgs-remote-working-risk/

Microsoft Patches Four Zero-Day Exchange Server Bugs

Microsoft has been forced to release out-of-band patches to fix multiple zero-day vulnerabilities being exploited by Chinese state-backed threat actors. The unusual step was taken to protect customers running on-premises versions of Microsoft Exchange Server.

https://www.infosecurity-magazine.com/news/microsoft-patch-four-zeroday/

A Booming Trade In Bugs Is Undermining Cyber Security

If you discover that a favourite vending-machine dispenses free chocolate when its buttons are pressed just so, what should you do? The virtuous option is to tell the manufacturer, so it can fix it. The temptation is to gorge.

https://www.economist.com/books-and-arts/2021/03/06/a-booming-trade-in-bugs-is-undermining-cyber-security

Is Your Browser Extension A Botnet Backdoor?

A company that rents out access to more than 10 million Web browsers so that clients can hide their true Internet addresses has built its network by paying browser extension makers to quietly include its code in their creations. This story examines the lopsided economics of extension development, and why installing an extension can be such a risky proposition.

https://krebsonsecurity.com/2021/03/is-your-browser-extension-a-botnet-backdoor/

Cyber Attack Shuts Down Online Learning At 15 UK Schools

A threat actor was able to access the trust's central network infrastructure and while an investigation took place, all existing phone, email, and website communication had to be pulled. Students are still learning remotely in England. Schools are set to reopen on March 8, but in the meantime, only a small subset of children are attending school physically, such as the children of key workers.

https://www.zdnet.com/article/cyberattack-shuts-down-online-learning-at-15-uk-schools/

First Fully Weaponized Spectre Exploit Discovered Online

A fully weaponized exploit for the Spectre CPU vulnerability was uploaded on the malware-scanning website VirusTotal last month, marking the first time a working exploit capable of doing actual damage has entered the public domain. The exploit was discovered and targets Spectre, a major vulnerability that was disclosed in January 2018. According to its website, the Spectre bug is a hardware design flaw in the architectures of Intel, AMD, and ARM processors that allows code running inside bad apps to break the isolation between different applications at the CPU level and then steal sensitive data from other apps running on the same system.

https://therecord.media/first-fully-weaponized-spectre-exploit-discovered-online/

Solarwinds Security Fiasco May Have Started With Simple Password Blunders

We still do not know just how bad the SolarWinds security breach is. We do know over a hundred US government agencies and companies were cracked. "The largest and most sophisticated attack the world has ever seen," with more than a thousand hackers behind it. It may have all started when an intern first set an important password to "'solarwinds123." Then, adding insult to injury, the intern shared the password on GitHub.

https://www.zdnet.com/article/solarwinds-security-fiasco-may-have-started-with-simple-password-blunders/

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Threats

Ransomware

• Data analytics agency Polecat held to ransom after server exposed 30TB of records

• Ransomware gang hacks Ecuador's largest private bank, Ministry of Finance

• Ransomware puzzle: These two pieces of malware look very different, but they evolved from the same root

• Search crimes – how the Gootkit gang poisons Google searches

• Qualys hit with ransomware: customer invoices leaked on extortionists' tor blog

Phishing

• COVID19 Vaccine Phishing Scams Surge 26% in Three Months

Malware

• Compromised Website Images Camouflage ObliqueRAT Malware

• Malicious NPM packages target Amazon, Slack with new dependency attacks

Mobile

• This new jailbreak threat could put nearly all iPhones at risk

Vulnerabilities

• These Microsoft Exchange Server zero-day flaws are being used by hackers, so update now

• High severity Linux network security holes found, fixed

• Working Windows and Linux Spectre exploits found on VirusTotal

• Google shares PoC exploit for critical Windows 10 Graphics RCE bug

• Another Chrome zero-day exploit – so get that update done!

• If you own a MacBook, download and install macOS Big Sur 11.2.2 ASAP

Data Breaches

• Data is the world’s most valuable (and vulnerable) resource

• Far-Right Platform Gab Has Been Hacked—Including Private Data

• Singapore Airlines frequent flyer members hit in third-party data security breach

Organised Crime

• Three Top Russian Cyber Crime Forums Hacked

• Hackers share methods to bypass 3D Secure for payment cards

• Cyber Crime 'Help Wanted': Job Hunting on the Dark Web

Dark Web

• The 20 Most Common Passwords Found On The Dark Web

Supply Chain

• Why supply chains are today's fastest growing cyber security threat

• Bombardier is latest victim of Accellion supply chain attack

Nation-State Actors

• Indian cyber espionage activity rising amid growing rivalry with China, Pakistan

• Microsoft accuses China over email cyber-attacks

• New nation-state cyber attacks

• Lazarus Targets Defense Companies with ThreatNeedle Malware

• Security News This Week: The SolarWinds Body Count Now Includes NASA and the FAA

Privacy

• How To Reclaim Your Privacy from Windows 10

• Home-security cameras have become a fruitful resource for law enforcement — and a fatal risk

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Reports Published in the Last Week

• Report: Quality, not quantity, is the hallmark of the latest waves of phishing attacks

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Other News

• Next Cyber War will hit regular People online

• Prime-factor mathematical foundations of RSA cryptography ‘broken’, claims cryptographer

• Criminals 'Posing As Cyber Security Experts' As Number Of Firms Rises

• NSA, Microsoft promote a Zero Trust approach to cyber security

• Inside the race to keep secrets safe from the quantum computing revolution

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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.

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

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

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 Video

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

Welcome to this week's Cyber Tip Tuesday - this week James talks 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.

Black Arrow Cyber Threat Briefing 26 February 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.

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Top Cyber Stories of the Last Week

Cyber Crime Could Cost The World $10.5 Trillion Annually By 2025

In a world that is becoming increasingly reliant on technology, cyber security is an extremely important priority for entrepreneurs and small and medium-sized businesses. And it's become even more essential in the wake of the pandemic. In June 2020, a report revealed that small and medium-sized businesses were at an especially high risk of data breaches and cyber attacks during the pandemic.

https://www.entrepreneur.com/article/364015

119,000 Threats Per Minute Detected In 2020

The number of cyber-threats identified and blocked by Trend Micro rose by 20% in 2020 to more than 62.6 billion. Averaging out at 119,000 cyber-threats per minute, the huge figure was included in the company's annual roundup, Email-borne threats such as phishing attacks accounted for 91% of the 62.6 billion threats blocked by Trend Micro last year. Nearly 14 million unique phishing URLs were detected by the company in 2020, with home networks a primary target.

https://www.infosecurity-magazine.com/news/119k-threats-per-minute-detected/

78% Of Top Security Leaders Say Their Organisations Are Unprepared For A Cyber Attack

Seventy-eight percent of senior IT and security leaders believe their organizations lack sufficient protection against cyber attacks. The high level of concern expressed by these leaders resulted in 91% of organizations increasing their cyber security budgets in 2021 — a figure that nearly matches the 96% that boosted IT security spending in 2020.

https://www.scmagazine.com/home/security-news/network-security/78-percent-of-top-security-leaders-say-their-organizations-are-unprepared-for-a-cyberattack/

UK Faced Millions Of Cyber Attacks Last Year

The UK faced millions of Covid-19-related cyber security threats last year, but generally managed to mitigate attacks effectively. A total of 16.4 million Covid-19-related threats were recorded last year, with four percent (563,571) identified in the UK. The US suffered the highest volume of attacks by a significant margin: more than 6.5 million. Germany was second with 2.3 million, and France rounded out the top three with just over one million attacks.

https://www.itproportal.com/news/uk-faced-millions-of-cyberattacks-last-year/

New Malformed URL Phishing Technique Can Make Attacks Harder To Spot

Warning of a new form of phishing attack that makes malicious messages more likely to get through filters and harder for the average person to detect by sight. By hiding phishing information in the prefixes of URLs, attackers can send what looks like a link to a legitimate website, free of misspellings and all, with a malicious address hidden in the prefix of the link.

https://www.techrepublic.com/article/new-malformed-url-phishing-technique-can-make-attacks-harder-to-spot/

Hackers Share Details Of Canadian Military Spy Plane On Dark Web

Hackers have shared details of a Canadian military spy plane after its manufacturers seemingly refused to pay a cyber ransom. Aerospace firm Bombardier, whose Global 6000 plane is used for Saab’s GlobalEye spy system, says it was the victim of a “limited cyber security breach.” That saw detailed plans of the airborne early warning system developed by the Swedish defence company Saab being dumped on the dark web site CLOP^_-LEAKS.

https://www.independent.co.uk/news/world/americas/hackers-spy-plane-bombardier-saab-b1807037.html

Cisco Points To New Tier Of APT Actors That Behave More Like Cyber Criminals

Cisco Talos suggests that maybe it is time to start thinking of hacker groups as more than either advanced persistent threat or criminal attackers. It is already well established that some APTs operate as criminals. Several international governments, including the United States, have identified North Korean state-sponsored hackers as stealing on behalf of the government, and other groups have been identified by vendors as state-sponsored groups with actors who occasionally freelance as criminals.

https://www.scmagazine.com/home/security-news/apts-cyberespionage/cisco-points-to-new-tier-of-apt-actors-that-behave-more-like-cybercriminals/

These Hackers Sell Network Logins To The Highest Bidder. And Ransomware Gangs Are Buying

A growing class of cyber criminals are playing an important role on underground marketplaces by breaching corporate networks and selling access to the highest bidder to exploit however they please. The buying and selling of stolen login credentials and other forms of remote access to networks has long been a part of the dark web ecosystem, but according to analysis by cyber security researchers, there has been a notable increase in listings by 'Initial Access Brokers' over the course of the past year.

https://www.zdnet.com/article/these-hackers-sell-network-logins-to-the-highest-bidder-and-ransomware-gangs-are-buying/

U.S. Calls North Korean Hackers ‘World’s Leading Bank Robbers’

North Korea was accused of being behind the 2014 hack of an internal computer network of Sony Pictures Entertainment Inc., an audacious attack that exposed Hollywood secrets and destroyed company data.

https://www.bloomberg.com/news/articles/2021-02-17/u-s-charges-3-north-koreans-linked-to-sony-hack-in-new-scheme

Sequoia Capital, One Of Silicon Valley's Most Notable VC Firms, Told Investors It Was Hacked

One of Silicon Valley's oldest and most venerable VC firms was hacked. Sequoia Capital told its investors on Friday that some personal and financial information may have been accessed by a third party after one of its employees fell victim to a successful. Phishing attack, according to a report in Axios Friday. Sequoia told investors that it has not yet seen any indication that compromised information is being traded or otherwise exploited on the dark web, Axios reported.

https://www.businessinsider.com/vc-firm-sequoia-capital-told-investors-it-was-hacked-2021-2?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter

Poor Hardware Disposal Practices Posing A Risk To Data Security

Many business leaders are not paying much attention to the way they dispose of old and obsolete hardware, opening their organizations up to possible data breaches. Of the 1,029 people polled for the report, a fifth said their employer disposed of various IT hardware over the last 12 months. However, less than half (40 percent) thought this hardware did not contain confidential data when it was disposed of.

https://www.itproportal.com/news/poor-hardware-disposal-pratice-posing-a-risk-to-data-security/

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Threats

Ransomware

• Babuk- Latest new Ransomware

• Underwriters Laboratories (UL) certification giant hit by ransomware

• Ransomware Gang Says It's Selling Data from Cyber attack That California DMV Warned About

Phishing

• 10K Microsoft Email Users Hit in FedEx Phishing Attack

• Malformed URL Prefix Phishing Attacks Spike 6,000%

• NIST hints at upgrades to its system for scoring a phish’s deceptiveness

Malware

• Hackers are using Google Alerts to help spread malware

• New macOS malware discovered, but threat remains unknown

• Masslogger malware employs 'fileless' attack to steal Discord and other passwords

Mobile

• Apple's iOS 14.5 adds new security against nasty hackers

Vulnerabilities

• Critical RCE Flaws Affect VMware ESXi and vSphere Client — Patch Now

• Code-execution flaw in VMware has a severity rating of 9.8 out of 10

• Shadow Attacks Let Attackers Replace Content in Digitally Signed PDFs

• Recently fixed Windows zero-day actively exploited since mid-2020

• Cisco Warns of Critical Auth-Bypass Security Flaw

• Exploitation of Accellion File Transfer Appliance

• Clubhouse Chats Are Breached, Raising Concerns Over Security

Organised Crime

• This chart shows the connections between cyber crime groups

• The bitcoin blockchain is helping keep a botnet from being taken down

• New Hack Lets Attackers Bypass Mastercard Pin by Using Them As Visa Card

Dark Web

• Brave browser’s Tor mode exposed users’ dark web activity

OT, ICS, IIoT and SCADA

• 84% of CNI Orgs Experienced Cyber-Attacks in the Last Year

• Hackers Tied to Russia's GRU Targeted the US Grid for Years, Researchers Warn

• The U.S. Has Released the Most Comprehensive Catalog of North Korean Cyber Crimes Ever Made Public

Nation-State Actors

• Chinese Hackers Reportedly Wielded a Stolen NSA Cyber Weapon for Years

• US considers sanctions against Russia over SolarWinds hack

Denial of Service

• TDoS Attacks Take Aim at Emergency First-Responder Services

Privacy

• TikTok Agrees to Pay $92 Million to Settle Class-Action Lawsuit Alleging Privacy Violations

• ‘Millions of people’s data is at risk’ — Amazon insiders sound alarm over security

• Privacy Bug in Brave Browser Exposes Dark-Web Browsing History of Its Users

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Reports Published in the Last Week

• 2021 Crowdstrike Global Threat Report

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Other News

• Oxford lab studying the coronavirus was victim of a cyberattack

• Top 10 web hacking techniques of 2020

• SonicWall Was Hacked. Was It Also Extorted?

• The Internet Is Splintering

• The Anatomy of the SolarWinds Attack Chain

• Why non-human workers can increase security issues in your business

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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.

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

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

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 February 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.

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Image by Lukas Bieri from Pixabay

Top Cyber Stories of the Last Week

Masslogger Swipes Microsoft Outlook, Google Chrome Credentials

Cyber Criminals are targeting Windows users with a new variant of the Masslogger trojan, which is spyware designed to swipe victims’ credentials from Microsoft Outlook, Google Chrome and various instant-messenger accounts. Researchers uncovered the campaign targeting users in Italy, Latvia and Turkey starting in mid-January. When the Masslogger variant launched its infection chain, it disguised its malicious RAR files as Compiled HTML (CHM) files. This is a new move for Masslogger, and helps the malware sidestep potential defensive programs, which would otherwise block the email attachment based on its RAR file extension, said researchers on Wednesday.

https://threatpost.com/masslogger-microsoft-outlook-google-chrome/164011/

Phishers tricking users via fake LinkedIn Private Shared Document

The phishing message is delivered via LinkedIn’s internal messaging system and looks like it has been sent by one of the victim’s contacts. The message urges the recipient to follow a third-party link to view a document. If they fail to find this suspicious, they’ll be redirected to a convincingly spoofed LinkedIn login page, and if they enter their login credentials, their account will probably soon be sending out phishing messages to their contacts.

https://www.helpnetsecurity.com/2021/02/18/linkedin-private-shared-document/

Solarwinds Attack Hit 100 Companies And Took Months Of Planning’; ‘Largest And Most Sophisticated Attack’ Ever Seen According To Microsoft; Hackers Downloaded Some Azure, Exchange, And Intune Source Code

A hacking campaign that used a tech company as a springboard to compromise a raft of US government agencies has been called “the largest and most sophisticated attack the world has ever seen”, according to Microsoft. Nine US governmental agencies were breached along with 100 different private sector companies , many of which were technology companies, including products that could be used to launch additional intrusions. Microsoft said it has formally completed its investigation into the SolarWinds-related breach and found no evidence that hackers abused its internal systems or official products to pivot and attack end-users and business customers, though it did state that it had discovered that hackers used the access they gained through the SolarWinds Orion app to pivot to Microsoft's internal network, where they accessed the source code of several internal projects.

https://www.zdnet.com/article/solarwinds-attack-hit-100-companies-and-took-months-of-planning-says-white-house/ https://www.independent.co.uk/news/world/americas/solarwinds-us-russia-hacking-b1802299.html https://www.zdnet.com/article/microsoft-says-solarwinds-hackers-downloaded-some-azure-exchange-and-intune-source-code/

Ransomware gangs are running riot – paying them off doesn’t help

In the past five years, ransomware attacks have evolved from rare misfortunes into common and disruptive threats. Hijacking the IT systems of organisations and forcing them to pay a ransom in order to reclaim them, cyber criminals are freely extorting millions of pounds from companies – and they’re enjoying a remarkably low risk of arrest as they do it.

https://theconversation.com/ransomware-gangs-are-running-riot-paying-them-off-doesnt-help-155254

Most security bugs in the wild are years old

Most vulnerabilities exploited in the wild are years old and some could be remedied easily with a readily available patch. This is one of the findings of a new report, which states that two thirds (65 percent) of CVEs found in 2020 were more than three years old, while a third of those (32 percent) were originally identified in 2015 or earlier.

https://www.itproportal.com/news/most-security-bugs-in-the-wild-are-multiple-years-old/

Hacker Claims to Have Stolen Files Belonging to Prominent Law Firm Jones Day

A hacker claims to have stolen files belonging to the global law firm Jones Day and posted many of them on the dark web. Jones Day has many prominent clients, including former President Donald Trump and major corporations. Jones Day, in a statement, disputed that its network has been breached. The statement said that a file-sharing company that it has used was recently compromised and had information taken. Jones Day said it continues to investigate the breach and will continue to be in discussion with affected clients and appropriate authorities.

https://www.wsj.com/articles/hacker-claims-to-have-stolen-files-belonging-to-prominent-law-firm-jones-day-11613514532?reflink=desktopwebshare_twitter

Former Spy Chief Calls For Military Cyber Attacks On Ransomware Hackers

The state should launch military cyber attacks to shut down ransomware gangs that have extorted millions of pounds from British businesses, a former spy chief has said.

Ciaran Martin, who previously led the UK’s National Cyber Security Centre, said the problem of criminal gangs locking and stealing files has become so serious that Government should now seek to disrupt the operations of prolific criminals.

The plans would mark a major change of tack for the UK authorities, who have long downplayed the idea they could routinely use offensive hacking as well as cyber defence.

https://www.telegraph.co.uk/technology/2021/02/15/former-spy-chief-calls-military-cyber-attacks-ransomware-hackers/

Think your backups will protect you from ransomware? What do you think the malware attacked first?

If you think your backup strategy means you’re protected from the worst that cyber criminals can throw at you, we’ve got some bad news. Ransomware creators know all about backups, too. So, if you are unlucky enough to get a “pay up or else” notice, there’s a very good chance that the attacker in question has already been stealthily working their way through your systems for some time, ensuring your recovery data has already been comprehensively trashed.

https://www.theregister.com/2021/02/17/protect_yourself_from_ransomware_webcast/

100+ Financial Services Firms Targeted in Ransom DDoS Attacks in 2020

More than 100 financial services firms across multiple countries were targeted in a wave of ransom distributed denial-of-service (DDoS) attacks conducted by the same threat actor in 2020. The attacks moved in methodical fashion across Europe, North America, Latin America, and Asia, hitting dozens of organizations in the financial sector in each region, the Financial Services Information Sharing and Analysis Center (FS-ISAC) disclosed this week. Among those targeted were banks, exchanges, payments companies, card issuers, payroll companies, insurance firms, and money transfer services.

https://www.darkreading.com/attacks-breaches/100+-financial-services-firms-targeted-in-ransom-ddos-attacks-in-2020/d/d-id/1340165

14 million alleged Amazon and eBay account details sold online

An unknown user was offering the data of 14 million Amazon and eBay customers’ accounts for sale on a popular hacking forum. The data appears to come from users who had Amazon or eBay accounts from 2014-2021 in 18 different countries. The database was being sold for $800 and the accounts are divided into their respective countries. The leaked data includes the customer’s full name, postal code, delivery address, and shop name, as well 1.6 million phone records.

https://cybernews.com/security/14-million-amazon-and-ebay-accounts-sold-online-in-new-leak/

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Threats

Ransomware

• Kia Reportedly Under Ransomware Attack With $20M Demand

• Conti ransomware: Evasive by nature

• Egregor ransomware affiliates arrested by Ukrainian, French police

BEC

• This cyber security threat costs business millions. And it's the one they often forget about

Phishing

• This phishing email promises you a bonus - but actually delivers this Windows trojan malware

• How Hackers use Phishing to Hijack Sites through Hosting Provider

• Hackers abusing the Ngrok platform phishing attacks

Malware

• Windows and Linux servers targeted by new WatchDog botnet for almost two years

• Malware Is Now Targeting Apple’s New M1 Processor

• TrickBot's BazarBackdoor malware is now coded in Nim to evade antivirus

Mobile

• Owner of app that hijacked millions of devices with one update exposes buy-to-infect scam

IOT

Vulnerabilities

• The OpenSSL Project addressed three vulnerabilities

• WordPress plugin exploit puts more than one million sites at risk

• Bug in shared SDK can let attackers join calls undetected across multiple apps

• Malvertisers Exploited WebKit 0-Day to Redirect Browser Users to Scam Sites

• Apple patches severe macOS Big Sur data loss bug

• Microsoft Pulls Bad Windows Update After Patch Tuesday Headaches

• Telegram privacy feature failed to delete self-destructing video files

Data Breaches

• Scottish Borders Council apologises for data breach

Organised Crime

• Duo Charged with Multimillion-Dollar Dark Web Drugs Scheme

• Cybercrime Joker Retires With A Reported $2.1 Billion In Bitcoin

Insider Threats

• Yandex Data Breach Exposes 4K+ Email Accounts

Supply Chain

• Supply chain attacks are on the rise: Check your software build pipeline security

OT, ICS, IIoT and SCADA

• The Cyber Risks of Transportation’s Connected OT/IoT Systems

Nation-State Actors

• France Ties Russia's Sandworm to a Multiyear Hacking Spree

• Russian state hackers targeted Centreon servers in years-long campaign

• Feds Indict North Korean Hackers for Years of Heists and Scams

• MPs sign up to Clubhouse app despite Chinese security concerns

Privacy

• More bosses are using software to monitor remote workers. Not everyone is happy about it

• 'Spy pixels in emails have become endemic'

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Reports Published in the Last Week

• State Of Malware 2021 Report

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Other News

• Attacks targeting IT firms stir concern, controversy

• Record year for UK’s £8.9bn cyber security sector

• Most businesses plan to move away from VPNs, adopt a zero-trust access model

• 20 Common Tools & Techniques Used by macOS Threat Actors & Malware

• The biggest cyber attacks in gaming history

• Discord is fast becoming a favourite tool among cyber criminals

As usual, contact us to help assess where your risks lie and to ensure you are doing all you can do to keep you and your business secure.

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

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

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.