In recent weeks cybercriminal attacks on businesses and government have made U.S. and global headlines.
In February 2021 a water treatment plant in Florida was hacked briefly compromising the water supply to Oldsmar and its surroundings.
In March, a large U.S. insurance company, CNA Financial Corp., was locked out of its computer network for two weeks.
In April, the NBA’s Houston Rockets were hacked with contracts and confidential documents stolen under threat of public release.
In May the Colonial Pipeline had to shut down its operations causing gasoline shortages in the Eastern U.S.
In June meat manufacturer, JBS S.A. was breached and ceased operations for two days.
And this month an IT company, Kaseya, providing systems services to 17 countries, was hacked with a ransomware pay demand for $70 million US.
These are the most noteworthy cybercriminal attacks of 2021 and follow 65,000 successful reported network and system breaches in 2020 with $350 million in ransom payouts to the hackers.
Coveware, a company that helps ransomware victims to pay off cybercriminals, has steadily reported an increase in payouts to hackers. In the third quarter of 2019, it had reached more than $41,000 per attack. In 2021 with the latest ransomware attacks, payouts are getting much steeper.
Malware describes a wide range of cybercriminal tools designed to exploit weaknesses in home, business and government computer systems with botnets leading the way to deliver ransomware and crypto mining payloads.
For computer users two positive trends have emerged of late:
Nevertheless, in its report Webroot notes that 12.6% of home computer systems encountered infections, while 7.8% of businesses had infected personal computers in 2019.
What was most often found after dissecting these attacks?
Botnets and ransomware including the following:
Cryptomining and cryptojacking when compared to ransomware are seen as less threatening because no money exchanges hands. But companies need to remove these malware infections immediately upon identifying them because they bleed system performance over time. They can even creep to company websites not using Hypertext Transfer Protocol Secure (HTTPS) explained further down in this posting. In 2019, 8.9 million sites on the web were found to host cryptojacking scripts.
Other crypto miners to come and go include Coinhive, Cryptoloot, and CoinImp.
Email is the route for most malware to infect computer systems. Whether it comes from social engineering strategies like phishing, or from hidden bots, and ransomware in attachments, this is the preferred and easiest way for cybercriminals to gain access. The greatest vulnerability threats come from:
In 2019 phishing attacks grew sixfold. The most vulnerable companies included Google, Chase, Microsoft, Apple, Dropbox, PayPal, Adobe, Wells Fargo, Amazon, Netflix, Instagram and Yahoo. Sure reads like a “who’s who” of company heavyweights.
Did you know that one in four malicious URLs are hosted on non-malicious sites? These infiltrations occur because of poor access control practices for adding web content. Why do cybercriminals try this strategy? Because they know that it is difficult to block content placed on an otherwise legitimate website.
The easiest way to ensure a website is less prone to being infected by hackers is to adopt HTTPS, Hypertext Transfer Protocol Secure, which is an extension of the Hypertext Transfer Protocol used for secure communication over the Internet. HTTPS encrypts the communication protocol using Transport Layer Security, formerly known as Secure Sockets Layer. Despite the known vulnerability to hackers, however, more than 22% of web addresses still do not use HTTPS addresses.
Then there are cybercriminal attempts to penetrate IP addresses, the unique representation of specific networks, computers, and other connected devices on the Internet. Cybercriminals take advantage of weaknesses in the existing IPv4 protocol. It was thought that with the widespread adoption of IPv6, such attacks would lessen. But in fact, they have increased with a proliferation of malicious IP addresses that if a user connects to exposes his or her computer or systems network to hackers who then find a way to get in.
Whether you are Apple or Android, apps malware is on the rise. It is not as prevalent as what is found in the Windows PC world but it is a growing phenomenon. The Google Play Store has been particularly vulnerable to Android malware occurrences. In 2018, Google estimated the probability of downloading a potentially harmful app was 0.64%. Since then Google has found 17,000 Android apps infected with malware. These have been pulled off the site.
Apple has fewer security lapses on its App Store than Google because it has greater control of its development environment. But even here malicious apps have snuck in. In 2019, 18 were discovered by Wandera, an Apple security software provider.
There will never be perfect security for computer systems and networks. The human element in the equation is too strong. States Hal Lonas, Senior Vice President and Chief Technology Officer at Trulioo, a global identity verification company, “Ultimately, there is no silver bullet, there never has been, and there never will be.” But we can achieve a degree of cyber resilience which will be the subject of a future posting here at Techso Mogro.
The Russian-situated ransomware organization REvil, identified by U.S. intelligence as responsible for attacking a number of American companies, after a summit meeting between Presidents Biden and Putin, in which the former demanded the latter to shut down it among a number of others, went dark suddenly this week according to The New York Times.
Another Russian group, Darkside, which attacked the U.S. Colonial Pipeline has also gone dark for the moment.
The remaining questions are:
If the latter, this marks the beginning of a war with no bullets fired, just code and countermeasure code. And knowing how software runs almost everything in our 21st-century world, this new war front is broad and harder to defend. Let’s hope it doesn’t escalate.
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