An overview of the activities of selected APT groups investigated and analyzed by ESET Research in Q4 2022 and Q1 2023
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Cisco is honored to be this year’s winner of the Best Next Generation Firewall Award in the SE Labs 2023 Annual Report. This industry recognition validates Cisco’s continuous push towards harmonizing network, workload, and application security across hybrid and multicloud environments. I’m incredibly proud of the Cisco Secure Firewall team and am thankful for our amazing customers who continue to trust Cisco and develop their network security around our capabilities.
SE Labs, a cybersecurity testing and evaluation firm, provides impartial and independent assessments of various cybersecurity products and solutions. In their 2023 Annual Report, SE Labs states:
“Our Annual Security Awards recognizes security vendors that notonly do well in our tests, but perform well in the real world withreal customers. These awards are the only in the industry thatrecognize strong lab work combined with practical success.”
SE Labs performs tests on behalf of customers seeking independent proof-of-value assistance, as well as security vendors. At Cisco, we use third-party evaluations from multiple sources, including SE Labs, to augment our internal testing and to drive product improvement.
Winners were determined after months of in-depth testing, based on a combination of continual public testing, private assessments and feedback from corporate clients who use SE Labs to help choose security products and services. The award further validates that our customers can expect superior threat protection and performance with Cisco Secure Firewall.
SE Labs’ reports use the MITRE ATT&CK framework, employing both common “commodity” malware samples and sophisticated, targeted attacks. Their network security testing uses full attack chains to assess the detection and protection abilities of network devices and combinations of network and endpoint solutions. SE Labs publishes its testing methodologies and is BS EN ISO 9001: 2015 certified for The Provision of IT Security Product Testing.
As a worldwide leader in networking and security, Cisco is better positioned than any other security vendor to incorporate effective firewall controls into our customers’ infrastructure — anywhere data and applications reside. We offer a comprehensive threat defense with industry-leading Snort 3 IPS to protect users, applications, and data from continuously evolving threats. Our solutions also leverage machine learning and advanced threat intelligence from Cisco Talos, one of the world’s largest commercial threat intelligence teams.
In the constantly evolving world of cybersecurity, it is important to have access to the latest and most advanced technologies to stay ahead of threats. Whether you are an enterprise, government, healthcare, or a service provider organization, Cisco Secure Firewall provides top-ranked security.
When you invest in Cisco Secure Firewall, you are investing in award-winning threat defense with capabilities that are built for the real world. Learn more about SE Labs 2023 Annual Report, Cisco Secure Firewall and how you can refresh your firewall.
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A view of the T3 2022 threat landscape as seen by ESET telemetry and from the perspective of ESET threat detection and research experts
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Imagine this: Your CEO sends you an email asking for your help transferring $5,000 to a new vendor for an urgent project. You make the transfer, only to find out later that the email was actually from an imposter, and that money is now in the hands of cybercriminals. Oops, right? crickets
Business Email Compromise (BEC) is a type of cybercrime that involves compromising or imitating legitimate business email accounts to carry out fraudulent transactions or steal sensitive information. The goal of a BEC attack is typically to trick the victim into transferring money, clicking on a malicious link, or disclosing sensitive information such as login credentials. BEC attacks can have a devastating impact on organizations of all sizes and in all industries, making it essential for businesses to be aware of the threat, understand the business risk, and take the necessary steps to protect themselves.
According to the latest FBI IC3 report, BEC is “one of the most financially damaging online crimes” and in 2021 was accountable for $2.4 Billion in adjusted losses for businesses and consumers.
One of the most common types of BEC attacks is called impersonating or email spoofing. By pretending to be a trusted colleague or business partner to gain the victim’s trust, the attacker uses social engineering techniques to trick the victim into clicking on a link or attachment in an email that contains malware, takes the victim to a malicious website, and has them transfer funds or change payment information.
BEC attacks can be very sophisticated and are difficult to detect. Many times, what the end-user sees on their email client does not represent the true email address of that sender, or it shows one that has been spoofed.
Typically, the attacker tries to impersonate someone in the organization with enough authority to not be questioned about what he/she is asking to be done.
As with everything in security, to be able to succeed in stopping BEC attacks, additional security layers & techniques should be implemented. There are several options to mitigate or reduce the number of successful BEC attacks. Creating a list of the people who will be likely to be impersonated will provide the best results. Usually, with names from the CxO level, this is known as a High Impact Personnel list. It will be used along with other security analysis engines to make sure any impersonated/spoof emails, along with other threats, get stopped and will not reach the end user.
The Cisco Secure Email Threat Defense solution leverages hundreds of detection engines that utilize state-of-the-art artificial intelligence/machine learning and natural language processing to convict messages from the most creative attackers! On top of this, our customers can define their High Impact Personnel list, and together with the other detection engines, will be able to not only block malicious messages but also understand the reasons and categories of why a message is being convicted as malicious.
In summary, Business Email Compromise (BEC) is a serious threat to organizations of all sizes and in all industries. To protect against BEC attacks, businesses should implement multiple techniques including identifying their High Impact Personnel for their organization, educating employees about the threat, and relying on reporting to understand who is being targeted most frequently so their security policies can be adjusted.
See how Secure Email Threat Defense identifies specific business risk factors to protect your organization.
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Attackers specifically craft business email compromise (BEC) and phishing emails using a combination of malicious techniques, expertly selected from an ever-evolving bag of tricks. They’ll use these techniques to impersonate a person or business that’s well-known to the targeted recipient and hide their true intentions, while attempting to avoid detection by security controls.
As a result of the requisite expertise needed to combat these complex attacks, email security has traditionally been siloed away in disparate teams and security controls. Practitioners are buried under an ever-growing pile of RFCs, requiring extensive domain-specific knowledge, unending vigilance, and meticulous manual interventions, such as tweaking trust levels and cultivating allow/block lists with IPs, domains, senders, and vendors.
Cisco Secure Email Threat Defense is leading the industry forward with a major shift, elevating email security into a new era; where administration will consist of merely associating specific business risks with the appropriate due diligence response required to remediate against them.
Email Threat Defense has introduced a new Threat Profile that provides the customer with deep insights into the specific business risks of individual email threats and the confidence to act quickly. This new visualization is powered by a new patent-pending threat detection engine. This engine leverages intelligence distilled from Talos global-scale threat research across a massive volume of email traffic into machine learning, behavioral modeling, and natural language understanding.
The detection engine granularly identifies specific underlying threat techniques utilized in the message by the attacker. The identified techniques provide the full context of the threat message as the supporting foundation for the engine to determine threat categorization and the specific risk to the business. These malicious Techniques, together with the threat category and specific business risk, are used to populate the Threat Profile.
Each message’s Threat Profile is identified in real-time, automatically remediated per policy, and surfaced directly to the operator in the message detail views, providing deep contextual insights into the attacker’s intent and the associated risks to the business. As part of a larger Extended Detection and Response (XDR) strategy, the actionable intelligence in Email Threat Defense is integrated with the wider enterprise orchestration of security controls via SecureX, easing the operational burden by decreasing your mean time to remediation (MTTR).
Email Threat Defense delivers a distinct understanding of malicious messages, the most vulnerable targets within the organization, and the most effective means of protecting them from phishing, scams, and BEC attacks. With a clean design and core focus on simplifying administration, Email Threat Defense deploys in minutes to strengthen protection of your existing Microsoft 365 Exchange Online platform against the most advanced email threats.
For more information, visit the Cisco Secure Email product pages, read the Email Threat Defense data sheet, and view the demo video below.
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Nowadays, “cybersecurity” is the buzzword du jour, infiltrating every organization, invited or not. Furthermore, this is the case around the world, where an increasing proportion of all services now have an online presence, prompting businesses to reconsider the security of their systems. This, however, is not news to Cisco, as we anticipated it and were prepared to serve and assist clients worldwide.
Secure Cloud Analytics, part of the Cisco Threat, Detection, and Response (TD&R) portfolio, is an industry-leading tool for tackling core Network Detection and Response (NDR) use cases. These workflows focus primarily on threat detection and how security teams may recognize the most critical issues around hunting and forensic investigations to improve their mean-time-to-respond.
Over the last year, the product team worked tirelessly to strengthen the NDR offering. New telemetry sources, more advanced detections, and observations supplement the context of essential infrastructure aspects as well as usability and interoperability improvements. Additionally, the long-awaited solution Cisco Telemetry Broker is now available, providing a richer SecOps experience across the product.
As part of our innovation story on alerting capabilities, Secure Cloud Analytics now features new detections tied to the MITRE ATT&CK framework such as Worm Propagation, Suspicious User Agent, and Azure OAuth Bypass.
Additionally, various new roles and observations were added to the Secure Cloud Analytics to improve and change user alerts, that are foundational pieces of our detections. Alerts now include a direct link to AWS’ assets and their VPC, as well as direct access to Azure Security Groups, enabling further investigation capabilities through simplified workflows. In addition, the Public Cloud Providers are now included in coverage reports that provide a gap analysis to determine which accounts are covered. Alert Details offers new device information, such as host names, subnets, and role metrics that emphasize detection techniques. To better configure alerts, we are adding telemetry to gain contextual reference on their priority. Furthermore, the ingest process has grown more robust due to data from the Talos intelligence feed and ISE.
The highly anticipated SecureX integration is now available in a single click, with no API credentials required and smooth interaction between the two platforms. Most importantly, Secure Cloud Analytics alerts may now be configured to automatically publish as incidents to the SecureX Incident Manager. The Talos Intelligence Watchlist Hits Alert is on by default due to its prominence among the many alert types.
Among other enhancements to graphs and visualizations, the Encrypted Traffic widget allows for an hourly breakdown of data. Simultaneously, the Device Report contains traffic data for a specific timestamp, which may be downloaded as a CSV. Furthermore, the Event Viewer now displays bi-directional session traffic to provide even more context to Secure Cloud Analytics flows, as well as additional columns to help with telemetry log comprehension: Cloud Account, Cloud Region, Cloud VPC, Sensor and Exporter.
On-premises sensors now provide additional telemetry on the overview page and a dedicated page where users can look further into the telemetry flowing through them in Sensor Health. To optimize the Secure Cloud Analytics deployment and improve the user experience, sensors may now be deleted from the interface.
Regarding telemetry, Cisco Telemetry Broker can now serve as a sensor in Secure Cloud Analytics, so users can identify and respond to threats faster with additional context sent to Secure Cloud Analytics. In addition, there will soon be support for other telemetry types besides IPFIX and NetFlow.
As we can see from the vast number of new additions to Secure Cloud Analytics, the product team has been working hard to understand the latest market trends, listen to the customers’ requests, and build one of the finest SaaS products in the NDR industry segment. The efforts strongly underline how Secure Cloud Analytics can solve some of the most important challenges in the NDR space around visibility, fidelity of alerts and deployment complexity by providing a cloud hosted platform that can offer insights on-premise and on cloud environments simultaneously from the same dashboard. Learn more about new features that allow Secure Cloud Analytics to detect, analyze, and respond to the most critical dangers to their company much more quickly.
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Watch ThreatWise TV: Explorations in the spam folder
The spam folder: that dark and disregarded corner of every email account, full of too-good-to-be-true offers, unexpected shipments, and supposedly free giveaways.
You’re right to ignore this folder; few good things come from exploring it. But every once in a while one of these misleading, and sometimes malicious, emails manages to evade the filters that normally siphon them off, landing them in your inbox instead.
Fortunately, it’s easy enough to spot these emails if you know what to look for. We’ve investigated this folder once before, showcasing a variety of scams. With the holiday season in full swing, we thought this would be a good time to revisit how scammers are trying to trick unsuspecting users.
The holiday season is traditionally a time when this type of activity increases, and this year is no different. According to research published by credit reporting agency TransUnion, the average daily number of suspected digital fraud attempts was up 82 percent globally between Thanksgiving and Cyber Monday (Nov 24–Nov 28) compared to the rest of the year (Jan 1–Nov 23) and 127 percent higher for transactions originating in the US.
This level of activity makes it all the more important to be aware of these scams. With that in mind, let’s dive into the spam folder to get a picture of the types of campaigns currently circulating.
While much of the spam circulating is innocuous, many emails are phishing attempts, and some are indeed malicious. To explore these scams, we used a dedicated computer, segmented from the rest of the network, and leveraged Cisco Secure Malware Analytics to safely open the emails before clicking on links or opening attachments. The point being, we do not recommend doing this at home.
By far, the largest category of spam we saw were surveys scams. According to these emails, if you fill out a simple survey you’ll receive “exclusive offers” such as gift cards, smartphones, smart watches, power drills, or even pots and pans.
There are even some campaigns that specifically target the holiday shopping season.
Clicking the links in these emails takes the recipient to sites where they are asked to fill out a survey.
These pages often include fake testimonials that say how easy the survey is and what they did with their free gift.
The surveys are straightforward, comprising 10-20 simple questions that cover demographic information and shopping habits.
After the survey is completed, these sites offer the choice of a handful of rewards. All the recipient must do is pay for shipping. They are then brought to a page where they can fill out shipping and payment information, and the reward is supposedly shipped.
However, the attempts to make payment often appear to fail, or the recipient is informed that the prize is no longer available.
An unsuspecting user may simply give up at this point, disappointed that they won’t be getting their free gift. What they may not be aware of, is that they have just given their credit card details away in a phishing scam.
In their 2021 Internet Crime Report, the Internet Crime Complaint Center (IC3) said that Non-Payment / Non-Delivery scams such as these led to more than $337 million in losses, up from $265 million in 2020. Credit card fraud amounted to $172 million in 2021 and has been climbing continuously at a conservative rate of 15-20 percent since 2019.
According to Cisco Umbrella, many of the sites asking for credit card details are known phishing sites, or worse, host malware.
Another topic that we covered the last time we explored these types of scams was package delivery spam. These continue to circulate today. There are a variety of shipping companies impersonated in these campaigns, and some generic ones as well.
Many of these campaigns claim that a package could not be delivered. If the recipient clicks on a link in an email, they’re brought to a web page that explains that there are outstanding delivery fees that need to be paid.
The recipient is further enticed by suggestions that the package contains a big-ticket item, such as an iPhone or iPad Pro. All the recipient is required to do is enter their credit card details to cover the shipping.
While no outright malicious activity was detected while examining these emails in Secure Malware Analytics, several suspicious behaviors were flagged. Chances are the bad actors behind these campaigns are phishing for credit card details.
Sometimes the simplest approaches can work just as well as the flashiest. This certainly holds true with spam campaigns, given the prominence of plain-text messages.
The topics covered in such emails run the gamut, including medical cures, 419 scams, romance and dating, pharmaceuticals, weight loss, and many of the scam types we’ve already covered. Many of these link to phishing sites, though some attempt to establish a dialog with the recipient, tricking them into sending the scammers money.
The IC3 report says that victims of confidence fraud and romance scams lost $956 million collectively, which is up from $600 million in 2020. Healthcare fraud, such as the miracle pills and prescriptions scams, resulted in $7 million in losses in 2021, but nearly $30 million in 2020. While these types of scams seem generic and easily spotted, they still work, and so it’s important to be aware and avoid them.
Many emails hitting the spam box attempt to trick users of various services into believing that there is a problem with their account. The problems cover all sorts of services, including streaming platforms, email providers, antivirus subscriptions, and even public records.
If the links are clicked, the recipient is presented with landing pages that mimic the respective services. Any details that are entered will likely be phished, leading to account takeover and/or access to personal records. However, some domains encountered in these cases may do more than just steal information, they could deliver malware too.
Another frequently encountered scam surrounds billing. Many of these appear to be unexpected bills for services the recipient never purchased.
These emails include attachments that are designed to look like official invoices. Interestingly, most of the attachments that we looked at this time were harmless. The goal is to get the recipient to call what appears to be a toll-free number.
While we haven’t called any of these numbers, the experience usually unfolds like a standard customer service call. In the end the “agents” simply claim the charges—which never existed in the first place—have been removed. Meanwhile the scammers steal any personal or financial information provided during the call.
While most billing scams we encountered played out as described above, a few did indeed contain malware.
In this example, the email appears to come from an internet service provider, informing us that our monthly bill is ready.
An invoice appears to be attached, stored within a .zip file. If the recipient opens it and double clicks the file within, a command prompt appears.
This may seem unusual to the recipient, especially since no invoice appears, but by this point it’s too late. The file contains a script that launches PowerShell and attempts to download a remote file.
While the remote file was no longer available at the time of analysis, there is a high likelihood it was malicious. But even though we were unable to determine its contents, Secure Malware Analytics flagged the script execution as malicious.
Knowing about prevalent scams, especially during the holiday season, is a first step in guarding against them. Granted the bad actors who distribute these spam campaigns do everything they can to make their scams look legitimate.
Fortunately, there are several things that you can do to identify scams and defend against them:
But even the best of us can be fooled, and when overseeing a large operation it’s more a matter of when, rather than if, someone clicks on the wrong link. There are elements of the Cisco Secure portfolio that can help for when the inevitable happens.
Cisco Secure Malware Analytics is the malware analysis and malware threat intelligence engine behind all products across the Cisco Security Architecture. The system delivers enhanced, in-depth, advanced malware analysis and context-rich intelligence to help better understand and fight malware within your environments. Secure Malware Analytics is available as a standalone solution, as a component in other Cisco Security solutions, and through software-as-a-service (SaaS) in the cloud, on-premises, and hybrid delivery models.
Cisco Secure Email protects against fraudulent senders, malware, phishing links, and spam. Its advanced threat detection capabilities can uncover known, emerging, and targeted threats. In addition, it defends against phishing by using advance machine learning techniques, real time behavior analytics, relationship modeling, and telemetry that protects against identity deception–based threats.
Cisco Umbrella unifies multiple security functions in a single cloud service to secure internet access. By enforcing security at the DNS layer, Umbrella blocks requests to malware before a connection is even established—before they reach your network or endpoints. In addition, the secure web gateway logs and inspects all web traffic for greater transparency, control, and protection, while the cloud-delivered firewall helps to block unwanted traffic.
Cisco Secure Endpoint is a single-agent solution that provides comprehensive protection, detection, response, and user access coverage to defend against threats to your endpoints. The SecureX platform is built into Secure Endpoint, as are Extended Detection and Response (XDR) capabilities. With the introduction of Cisco Secure MDR for Endpoint, we have combined Secure Endpoint’s superior capabilities with security operations to create a comprehensive endpoint security solution that dramatically decreases the mean time to detect and respond to threats while offering the highest level of always-on endpoint protection.
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As 2022 draws to a close, the Threat Research Team at McAfee Labs takes a look forward—offering their predictions for 2023 and how its threat landscape may take shape.
This year saw the continued evolution of scams, which is unlikely to slow down, as well as greater adoption of Chrome as an operating system. It also saw the introduction of AI tools that are easy and accessible to virtually anyone with a phone or laptop, which will continue to have significant implications, as will the fluctuating popularity of cryptocurrency and the emergence of “Web3.”
Advances such as these have set the stage for 2023, which will continue to reshape our interactions with technology—advances that bad actors will try to exploit, and in turn, us.
Yet as the threat landscape continues to evolve, so do the ways we can protect ourselves. With that, we share McAfee’s threat predictions for 2023, along with insights and advice that can help us enjoy the advances to come with confidence.
By Steve Grobman, Chief Technology Officer
Humans have been fascinated by artificial intelligence (AI) for almost as long as we’ve been using computers. And in some cases, even fearful of it. Depictions in pop culture range from HAL, the sentient computer from 2001: A Space Odyssey to Skynet, the self-aware neural network at the center of the Terminator franchise. The reality of current AI technologies is both more complicated and less autonomous than either of these. While AI is rapidly evolving, humans remain at the heart of it, and whether it’s put to beneficial or nefarious use.
Within the last few months, creating AI-generated images, videos, and even voices are no longer strictly left to professionals. Now anyone with a phone or computer can take advantage of the technology using publicly available applications like Open AI’s Dall-E or stability.ai’s Stable Diffusion. Google has even made creating AI-generated videos easier than ever.
What does this mean for the future? It means the next generation of content creation is becoming available to the masses and will only continue to evolve. People both at work and at home will have the ability to create the AI-generated content in minutes. Just as desktop publishing, photo editing, and inexpensive photorealistic home printers created major advances that empowered individuals to create content that previously required a professional designer, these technologies will enable sophisticated outputs with minimal expertise or effort.
Advances in desktop publishing and consumer printing also provided benefits to criminals, enabling better counterfeiting and more realistic manipulation of images. Similarly, these emerging next-generation content tools will also be used by a range of bad actors. From cybercriminals to those seeking to falsely influence public opinion, these tools will empower scammers and propagandists to take their tradecraft to the next level with more realistic results and significantly improved efficiency.
This is especially likely to ramp up in 2023 as the U.S. begins the 2024 presidential election cycle in earnest. Globally, the political environment is polarized. The confluence of the emergence of accessible next-generation generative AI tools and what is sure to be a highly contested 2024 election season is a perfect storm for creating and distributing disinformation for political and monetary gain.
We’ll all need to be more mindful of the content we consume and the sources that it originates from. Fact-checking images, videos, and news content, something that’s already on the rise, will continue to be a necessary and valuable part of media consumption.
By Oliver Devane, Security Researcher
Cryptocurrency scams
In 2022 we saw several online scams making use of existing content to make crypto scams more believable. One such example was the double your money cryptocurrency scam that used an old Elon Musk video as a lure. We expect such scams to evolve in 2023 and make use of deep fake videos, as well as audio, to trick victims into parting ways with their hard-earned money.
The financial outlook of 2023 remains uncertain for many people. During these times, people often look for ways to make some extra money and this can lead them vulnerable to social media messages and online ads that offer huge financial gains for little investment.
According to the IC3 2021 report, the losses for financial scams increased from $336,469,000 in 2020 to $1,455,943,193 in 2021, this shows that this type of scam is growing by an enormous amount, and we expect this to continue.
Unfortunately, scammers will often target the most vulnerable people. Fake loan scams are one such scam where the scammers know that the victims are desperate for the loan and therefore are less likely to react to warning signs such as asking for an upfront fee. McAfee predicts that there will be a large increase in these types of scams in 2023. When looking for a loan, always use a trusted provider and be careful of clicking on online ads.
Metaverses such as Facebook’s Horizon enable their users to explore an online world that was previously unimaginable. When these platforms are in the early stages, malicious actors will usually attempt to exploit the lack of understanding of how they work and use this to scam people. We have observed phishing campaigns targeting users of these platforms in 2022 and we expect this to increase dramatically in 2023 as more and more users sign up for the platforms.
By Craig Schmugar, McAfee Senior Principal Engineer
More than 25 years ago, Windows 95 became the platform of choice not just for millions of users around the globe, but for malware authors targeting those users. Over the years, Windows has evolved, as has the threat landscape. Today, Windows 10 and 11 make up the majority of the desktop PC market, but thanks to the rise of the mobile Internet, device diversity has greatly evolved since the advent of Windows 95.
Over five years ago, Android overtook Windows as the world’s most popular OS and with this shift bad actors have been pursing alternative methods of attack. The ultimate vectors are those which impact users across a spectrum of devices. Email and web-based scams (some of which are outlined in the blog above) are as prolific as ever as these technologies are ubiquitous across desktop and mobile devices.
Meanwhile, other technologies span across desktop and mobile experiences as well. For Google, such cross-platform capabilities are highlighted by increased adoption of ChromeOS and a few underlying technologies. This includes 270 million active Android users and a 270% increase in Progressive Web Application (PWA) installations [https://chromeos.dev]. ChromeOS’ ability to run Android applications, combined with its wide-spread adoption, provides the climate for increased attention by those with ill intentions.
Similarly, adoption of PWAs provide bad actors with additional incentive to deliver deceptive and imposter attacks through this multi-OS channel, including ChromeOS, iOS, MacOS, and Windows.
Finally, on the heels of COVID restrictions that impacted schools in various countries, Google reported 50 million students and educators worldwide [https://chromeos.dev] using ChromeOS. Many users will be unaware of malicious Chrome extensions lurking in the Chrome Web Store.
All of this means that the stage is set for a marked increase in threats impacting Chromebook in the year to come. In 2023, we can expect to see Chromebook users among millions of unsuspecting victims that download and run malicious content, whether from malicious Android Apps, Progressive Web Apps, or Chrome Web Store extensions, users should be leery of popups and push notifications urging them to install untrusted apps.
By Fernando Ruiz, Senior Security Researcher
Editor’s Note: Web3? FOMO? If you’re already lost, you’re not alone. Web3 is a term some use to encompass decentralized internet services, technologies like Bitcoin and Non-Fungible Tokens (digital art that collectors can purchase with cryptocurrency). Still confused? A lot of people are. This New York Times article is a good primer on what is currently considered Web3.
As for FOMO, that’s just an acronym meaning the “Fear of Missing Out.” That nagging feeling, most often felt by extroverts, that others are out there having more fun than them and that they’re missing the party.
Whether you invest in cryptocurrency or just see the headlines on Twitter, no doubt you’ve seen that the price of cryptocurrency has sharply declined during 2022. These fluctuations are becoming more normal as crypto becomes even more mainstream. It’s very likely that the value of crypto will rise again.
When the last upturn in valuation happened near the start of the pandemic, the hype about crypto also skyrocketed. Suddenly Bitcoin and other cryptocurrencies were everywhere. Out of that, rose the concept of Web3, with more companies investing in new applications over blockchain (the technology that is the backbone of cryptocurrency).
McAfee predicts that the popularity of cryptocurrency will rise again, and consumers will hear much more about Web3 concepts like decentralized finance (DeFi), decentralized autonomous organizations (DAOs), self-sovereign identity (SSI) and more.
Some amateur investors, remembering the rapid rise of the value of Bitcoin earlier this decade, won’t want to miss out on what they think will be a great opportunity to get rich quick. It’s this group that bad actors will seek to exploit, offering up links or applications that play on these users’ crypto/Web3 FOMO.
As crypto bounces back and initial awareness of decentralization grows in the general population, consumers will begin to explore these Web3 offerings without fully understanding what they mean or what dangers they should be aware of, leaving them open to scams as they invest time and money into crypto or creating their own NFT content. These scams could entice users to click on a link or download an app that appears to legitimately interact with some blockchains, but in actuality:
Additionally, when consumers DO hold crypto, NFT, digital land, or other blockchain financial assets they are going to be targeted for more sophisticated threats that can drain their funds: smart contracts, exchanges, digital wallets, and synchronization services can all be associated with hidden authorizations that allow a third party (potentially a bad actor) to take control of the assets. It’s important that users read the terms and conditions of any app they download, especially those that will be accessing ANY type of financial institution or currency, whether traditional or crypto.
Social engineering will also continue to be a top entry point for cybercriminals. The complexity of the attacks will evolve as the technology does, which will require more preparation and understanding of how Web3 applications and tools work in order to safely interact with them.
What has emerged from the world of Web3 thus far, while exciting, has also expanded attack surfaces and vectors, which we expect to see grow throughout 2023 as Web3 evolves.
The post McAfee 2023 Threat Predictions: Evolution and Exploitation appeared first on McAfee Blog.
Whether you’re spending time on the web or working in the office, you want peace of mind knowing that you are in a safe environment. While most of us know to take precautions when online — protecting ourselves from things like phishing attacks and other cyber threats — we should also attend to our physical security.
One concern is tailgating — a social engineering attack where someone gets physical access to a business to take confidential information or do other harm.
Here are some ways to protect yourself from tailgating attacks, such as an unauthorized person following you into a restricted area while on the job.
Tailgating is a type of social engineering attack where an unauthorized person gains physical access to an off-limits location — perhaps a password-protected area — where they might steal sensitive information, damage property, compromise user credentials or even install malware on computers.
“Piggybacking” is closely related to tailgating, but it involves consent from the duped employee. So, while a worker might be unaware that someone has tailgated them into a restricted area with piggybacking, the hacker might convince a worker to provide access because they are posing as, say, a delivery driver.
Companies, particularly at risk of being targeted by tailgating scams, include those:
Generally speaking, companies with robust security systems in place — including using biometrics, badges, or other identity and information security measures — are better protected from tailgating and piggybacking attacks.
But that’s not to say that some smooth-talking fraudster can’t talk someone into letting them in or finding some way around those protections.
Common types of tailgating attacks that you should be aware of on the job include:
Protecting yourself from tailgating attacks is partly a matter of learning about the issue, raising your level of awareness on the job, and depending on your employer, putting in place more effective security systems.
Some solutions include:
Many companies know how to train employees to recognize, avoid, and cope with online security issues but may forget to provide the same diligence to physical security. How to spot and deal with threats should be part of this training, plus cultivating an awareness of surroundings and people who might be out of place.
Management should offer a clearly stated security policy taught to everyone, which might insist that no one be allowed into a secure area without the proper pass or identification. As the security policy is updated, all employees should be aware of changes and additions.
These security measures should be part of an overall protection program, like McAfee+, which includes antivirus software, a firewall, identity monitoring, password management, web protection, and more.
If you have a large business spread over several floors, it can be hard for employees to know who works there and who doesn’t, leaving them susceptible to tailgating and piggybacking attacks. Requiring smart badges and cards to access restricted areas can help cut back on unauthorized intrusions and provide better access control.
Building fully staffed reception areas with dedicated security personnel could also be part of a larger security system.
Biometric scanners are an even more advanced way to provide proper authentication for a worker’s identity. They scan a unique physical or audible feature of a person and compare it to a database for approved personnel.
Examples of biometric security include:
One reason people are vulnerable to physical and cyberattacks is that they lack education on social engineering and the kinds of threats it poses.
Workers need to understand the full range of social engineering techniques and know-how to protect themselves, whether in their social media accounts or physical work environment.
For their part, companies can use simulated phishing emails and tailgating attacks to raise awareness and underline how to follow protocols in dealing with them.
If there are many ways to enter a business, it may make sense to put video surveillance on all entrances. Advanced video surveillance systems can use artificial intelligence (AI) and video analytics to scan the faces of people entering and compare them to a database of employee features.
Whether at work or at home, people want to be secure from attacks by cybercriminals who seek to take personal information.
To add a layer of security to all their connected devices — including computers, smartphones, and tablets — an increasing number of people are turning to the comprehensive coverage of McAfee+
Features range from advanced monitoring of possible threats to your identity, automatic implementation of virtual private networks (VPNs) to deal with unsafe networks, and personal data clean-up, removing your information from high-risk data broker sites.
McAfee protection allows you to work and play online with greater peace of mind.
The post What Are Tailgating Attacks and How to Protect Yourself From Them appeared first on McAfee Blog.
Cyber security implies protecting the confidentiality, availability and integrity of computer systems and networks. Often security researchers and security teams focus on threats to software and the risks associated with authenticating and managing users. However, computing systems are built upon a tall stack of computing resources.
Each layer within the stack is exposed to specific threats which need to be considered as part of a cyber security strategy. As the threat landscape evolves and exposure to risk changes, organizations need to review their threat exposure and consider if current mitigations are sufficient for their needs.
The recent disruption of the Nord Stream submarine gas pipeline in the Baltic Sea by an apparent act of sabotage highlights the risks to infrastructure located beneath the waves. The telecommunications infrastructure that carries internet traffic between countries and continents is often provided by submarine cables. These cables are relatively few in number but carry vast amounts of internet and enterprise traffic, potentially from many different service providers.
The seabed is a challenging environment for infrastructure. Sea water is corrosive, the pressure on the ocean floor can be extreme, while earthquakes, ship’s anchors and dredging provide additional risks to may result in the severing of a cable. Submarine cables are only expected to achieve a lifespan in the region of 25 years before failure.
Repairing or replacing a submarine cable is expensive and time consuming. It may be many months before a failed cable can be repaired or replaced. In the absence of a functioning cable, internet connections must be rerouted to avoid disruption. However, this risks saturating the remaining infrastructure and adversely affecting the quality of connections.
Organizations that require high availability international or intercontinental network connections should review their exposure to the risk of submarine cables failure. The nature of this risk will depend on how services are currently delivered.
At the time of writing there is no specific threat to undersea infrastructure. Other than attacks against terrestrial cables, no cable damage has been shown to be due to sabotage. Nevertheless, the Secretary General of NATO has stressed the importance of undersea cables to civilian society and military capability [1]. The British Chief of Defense Staff has warned how seriously intentional damage to telecommunications cables would be taken [2].
Physical infrastructure can not be taken for granted. Organizations would do well to review the impact of one or more submarine cables being taken out of service. Preparing response plans and contingencies in advance ensures that disruption is kept to a minimum in the event that such a scenario occurs.
[1]. Press Conference (22 Oct 2020), NATO Secretary General Jens Stoltenberg.
https://www.nato.int/cps/en/natohq/opinions_178946.htm?selectedLocale=en
[2]. “Chief of Defence Staff: Russia cutting underwater cables could be ‘an act of war’” (8 Jan 2022), Forces.net.
https://www.forces.net/news/chief-defence-staff-russia-cutting-underwater-cables-could-be-act-war
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Today we’re examining some of the revelations in the Q3 Cisco Talos Incident Response Trends Report. This document is an anonymized look at of all the engagements that the Cisco Talos Incident Response team have been involved in over the previous three months. It also features threat intelligence from our team of researchers and analysts.
To start, take a watch of this episode of ThreatWise TV which explores how these trends have evolved since the previous quarter. Our guests also talk about incidents and cyber-attacks that they themselves have consulted on recently, including a particularly interesting insider threat case.
Ransomware returned as the top threat this quarter, after commodity trojans narrowly surpassed ransomware last quarter. Ransomware made up nearly 18 percent of all threats observed, up from 15 percent last quarter. Cisco Talos Incident Response (CTIR) observed high-profile families, such as Vice Society and Hive, as well as the newer family Blast Basta, which first emerged in April of this year.
Also noteworthy is the fact that CTIR saw an equal number in ransomware and pre- ransomware engagements this quarter, totalling nearly 40 percent of threats observed. Pre-ransomware is when we have observed a ransomware attack is about to happen, but the encryption of files has not yet taken place.
Pre-ransomware comprised 18 percent of threats this quarter, up from less than 5 percent previously. While it’s difficult to determine an adversary’s motivations if encryption does not take place, several behavioral characteristics bolster Talos’ confidence that ransomware may likely be the final objective. In these engagements adversaries were observed deploying frameworks such as Cobalt Strike and Mimikatz, alongside numerous enumeration and discovery techniques.
Commodity malware, such as the Qakbot banking trojan, was observed in multiple engagements this quarter. In one engagement, several compromised endpoints were seen communicating with IP addresses associated with Qakbot C2 traffic. This activity coincides with a general resurgence of Qakbot and its delivery of emerging ransomware families and offensive security frameworks that we have not previously observed Qakbot deploy. This comes at a time where competing email-based botnets like Emotet and Trickbot have suffered continued setbacks from law enforcement and tech companies.
Other threats this quarter include infostealers like Redline Stealer and Raccoon Stealer. Redline Stealer was observed across three engagements this quarter, two of which involved ransomware. The malware operators behind Raccoon introduced new functionality to the malware at the end of June, which likely contributed to its increased presence in engagements this quarter.
As infostealers have continued to rank highly in CTIR engagements, let’s explore them in a bit more detail.
Throughout the incidents discussed over the last few quarters, and CTIR engagements in general, information stealing plays a big part of the attackers’ TTPs.
From a high level, infostealers can be used to gain access a variety of sensitive information, such as contact information, financial details, and even intellectual property. The adversaries involved often proceed to exfiltrate this information and may then attempt to sell it in dark web forums, threaten to release it if a ransom isn’t paid, among other things.
While these instances can and do crop up in CTIR engagements, many of the infostealers seen in this space are used for accessing and collecting user credentials. Once an attacker has gained an initial foothold on a system, there are many places within an operating system that they can look for and collect credentials through the practice of credential dumping.
These stolen credentials may be offered up for sale on the dark web, alongside the stolen information mentioned above, but they can also prove to be a key weapon in an attacker’s arsenal. Their usefulness lies in one simple concept—why force your way into a system when you can just log in?
There are several advantages for bad actors that use this approach. Probably the most oblivious of these is that using pre-existing credentials is far more likely to go unnoticed than other more flagrant tactics an attacker can use. If part of the goal of an attack is to remain under the radar, activities carried out by “known users” are less likely to trigger security alerts when compared to tactics such as exploiting vulnerabilities or downloading malware binaries.
Adversaries tend to seek credentials with higher privileges, allowing them further control over the systems they compromise, with those including administrative access being the crown jewels.
User credentials can not only provide an attacker with means to elevate privileges and establish persistence on a system, but also to move laterally through a network. Some credentials, especially those with administrative privileges, can offer access to multiple systems throughout a network. By obtaining them, many more options become available to further an attack.
There are several threats involved in information stealing that appear repeatedly in CTIR engagements over the last few quarters.
Perhaps the most notorious is Mimikatz—a tool used to pull credentials from operating systems. Mimikatz is not malware per-se and can be useful for penetration testing and red team activities. But bad actors leverage it as well, and over the last few quarters CTIR has observed it being used in ransomware-as-a-service attacks, as well as pre-ransomware incidents.
CTIR has also observed Redline Stealer being utilized by adversaries in CTIR engagements across quarters. This infostealer has grown in popularity as a supplementary tool used alongside other malware. On more than one occasion, CTIR has identified stolen credentials on the dark web that claimed to have been obtained via Redline Stealer.
Other information stealers seen across the last few quarters include the Vidar information stealer, Raccoon Stealer, and SolarMaker, all of which have been used to further an adversary’s attacks.
Over the last several months, Talos has seen an increasing number of engagements involving insider threats. In one engagement this quarter, passwords were reset through a management console of a perimeter firewall that a disgruntled employee had access to.
The organization’s team changed all associated passwords but overlooked one administrative account. On the following day, someone logged in using that account, deleted all other accounts and firewall rules, and created one local account, likely to provide persistence.
You’ll hear Alexis Merritt, Incident Response Consultant for Cisco Talos, talk about this more in the ThreatWise TV episode.
To help protect against this threat when an individual leaves an organization, steps like disabling accounts and ensuring that connections to the enterprise remotely through VPN has been removed can be very valuable. Implementing a mechanism to wipe systems, especially for remote employees, is important as well.
For more on this topic, Cisco Secure recently put together a white paper on the Insider Threat Maturity FrameWork.
In several incidents over the last few quarters that involved information stealers, multi-factor authentication (MFA) was not properly implemented by the organizations impacted, providing adversaries an opportunity to infiltrate the networks. MFA tools like Cisco Secure Access by Duo can prevent attackers from successfully gaining access.
And finally, Cisco Advisory CISO Wolfgang Goerlich has created this storytelling video, to help people think about incident response in a new way:
Join the Cisco Talos Incident Response team for a live debrief of the Q3 report on 27th October.
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I’m sure you’ve seen them — emails or messages that sound alarming and ask you to act quickly. We live in a digital world that produces hundreds of messages and alerts every day. It’s often hard to determine the validity of a suspicious message or phishing email. Whether you are an administrator, or an end-user, it can be overwhelming to accurately identify a malicious message. When in doubt, here are some questions you should ask yourself:
Is the message from a legitimate sender?
Do I normally receive messages from this person?
If there’s a link, can I tell where it’s sending me?
Attackers continue to evolve their methods, and they’re highly educated on the defenses they come up against in the wild. They’ll craft messages that do not involve any traditional indicators of compromise, such as domains, IP address, or URL links. They’ll also start their attacks by sending messages as an initial lure to establish trust, before sending an email with altered invoice or one claiming to be a helpless employee attempting to get their payroll fixed.
Phishing is a socially-based attack type, one where the threat actors focus on human behavior. When these attacks target organizations, there are multiple levels of attack at play. One that focuses on behavioral patterns and workflow, and the other centers on the victim’s emotional boundaries, such as targeting their desire to help others. You see this pattern frequently in Business Email Compromise (BEC) attacks.
Below, we’ve placed an example of a lure, which will test the victim to see if there is a means to quickly establish trust. Here, the threat actor is pretending to be the Chief Financial Officer (CFO) of the victim’s organization. If the lure is successful, then the threat actor will progress the attack, and often request sensitive records or wire transfers. Notice that in the email headers, the person pretending to be the CFO is using a Gmail account, one that was likely created just for this attack. The message is brief, stresses importance and urgency, and requests assistance, playing on the victim’s workflow and desire to help an executive or someone with authority.
The example below is a simplified one, to be sure, but the elements are legitimate. Daily, emails like this hit the inboxes of organizations globally, and the attackers only need to locate a single victim to make their efforts payout.
In the FBI / IC3 2021 Internet Crime Report, there were nearly 20,000 Business Email Compromise complaints filed, with an adjusted loss of nearly 2.4 billion dollars. While spoofing the identity of an executive is certainly one way to conduct a BEC attack, the FBI says that threat actors have started leveraging the normality of hybrid-work to target meeting platforms to establish trust and conduct their crimes. When successful, the funds from the fraudulent wire transfers are moved to crypto wallets and the funds dispersed, making recovery harder.
So as an end user what can you do to protect your organization? Be mindful anytime you receive an urgent call to action, especially when the subject involves money. If your workflow means that you regularly receive these types of requests from the specific individual, verify their identity and the validity of the request using another channel of communication, such as in person or via phone. If you do validate their identity via the phone, take care to avoid calling any numbers listed in the email.
Cisco Secure Email helps stop these types of attacks by tracking user relationships and threat techniques. These techniques often include account takeover, spoofing and many more. Using an intent-based approach allows Secure Email to detect and classify business email compromises and other attacks, so administrators are empowered to take a risk-based approach to stopping these threats.
Find out more about how Cisco Secure Email can help keep your organization safe from phishing.
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