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Microsoft: Some ransomware attacks take less than 45 minutes – ZDNet

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Image: Microsoft

For many years, the Microsoft Security Intelligence Report has been the gold standard in terms of providing a yearly overview of all the major events and trends in the cyber-security and threat intelligence landscape.

While Microsoft unceremoniously retired the old SIR reports back in 2018, the OS maker appears to have realized its mistake, and has brought it back today, rebranded as the new Microsoft Digital Defense Report.

Just like the previous SIR reports, Microsoft has yet again delivered.

Taking advantage of its vantage points over vast swaths of the desktop, server, enterprise, and cloud ecosystems, Microsoft has summarized the biggest threats companies deal with today in the face of cybercrime and nation-state attackers.

The report is 88 pages long, includes data from July 2019 and June 2020, and some users might not have the time to go through it in its entirety. Below is a summary of the main talking points, Microsoft’s main findings, and general threat landscape trends.

Cybercrime

2020 will, without a doubt, be remembered for the COVID-19 (coronavirus) pandemic. While some cybercrime groups used COVID-19 themes to lure and infect users, Microsoft says these operations were only a fraction of the general malware ecosystem, and the pandemic appears to have played a minimal role in this year’s malware attacks.

Email phishing in the enterprise sector has also continued to grow and has become a dominant vector. Most phishing lures center around Microsoft and other SaaS providers, and the Top 5 most spoofed brands include Microsoft, UPS, Amazon, Apple, and Zoom.

Microsoft said it blocked over 13 billion malicious and suspicious mails in 2019, and out of these, more than 1 billion contained URLs that have been set up for the explicit purpose of launching a credential phishing attack.

Successful phishing operations are also often used as the first step in Business Email Compromise (BEC) scams. Microsoft said that crooks gain access to an executive’s email inbox, watch email communications, and then spring in to trick the hacked users’ business partners into paying invoices into wrong bank accounts.

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Image: Microsoft

Per Microsoft, the most targeted accounts in BEC scams were the ones for C-suites and accounting and payroll employees.

But Microsoft also says that phishing isn’t the only way into these accounts. Hackers are also starting to adopt password reuse and password spray attacks against legacy email protocols such as IMAP and SMTP. These attacks have been particularly popular in recent months as it allows attackers to also bypass multi-factor authentication (MFA) solutions, as logging in via IMAP and SMTP doesn’t support this feature.

Furthermore, Microsoft says it’s also seeing cybercrime groups that are increasingly abusing public cloud-based services to store artifacts used in their attacks, rather than using their own servers. Further, groups are also changing domains and servers much faster nowadays, primarily to avoid detection and remain under the radar.

Ransomware groups

But, by far, the most disruptive cybercrime threat of the past year have been ransomware gangs. Microsoft said that ransomware infections had been the most common reason behind the company’s incident response (IR) engagements from October 2019 through July 2020.

And of all ransomware gangs, it’s the groups known as “big game hunters” and “human-operated ransomware” that have given Microsoft the most headaches. These are groups that specifically target select networks belonging to large corporations or government organizations, knowing they stand to receive larger ransom payments.

Most of these groups operate either by using malware infrastructure provided by other cybercrime groups or by mass-scanning the internet for newly-disclosed vulnerabilities.

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Image: Microsoft

In most cases, groups gain access to a system and maintain a foothold until they’re ready to launch their attacks. However, Microsoft says that this year, these ransomware gangs have been particularly active and have reduced the time they need to launch attacks, and especially during the COVID-19 pandemic.

“Attackers have exploited the COVID-19 crisis to reduce their dwell time within a victim’s system – compromising, exfiltrating data and, in some cases, ransoming quickly – apparently believing that there would be an increased willingness to pay as a result of the outbreak,” Microsoft said today.

“In some instances, cybercriminals went from initial entry to ransoming the entire network in under 45 minutes.”

Supply-chain security

Another major trend that Microsoft chose to highlight was the increased targeting of supply chains in recent months, rather than attacking a target directly.

This allows a threat actor to hack one target and then use the target’s own infrastructure to attack all of its customers, either one by one, or all at the same time.

“Through its engagements in assisting customers who have been victims of cybersecurity intrusions, the Microsoft Detection and Response Team has observed an uptick in supply chain attacks between July 2019 and March 2020,” Microsoft said.

But Microsoft noted that while “there was an increase, supply chain attacks represented a relatively small percentage of DART engagements overall.”

Nonetheless, this doesn’t diminish the importance of protecting the supply chain against possible compromises. Here, Microsoft highlights dangers coming from the networks of Managed Service Providers (MSPs, third-parties that provide a very specific service and are allowed to access a company’s network), IoT devices (often installed and forgotten on a company’s network), and open-source software libraries (which make up most of a company’s software these days).

Nation-state groups

As for nation-state hacking groups (also known as APTs, or advanced persistent threats), Microsoft said this year has been quite busy.

Microsoft said that between July 2019 and June 2020, it sent out more than 13,000 nation-state notification (NSN) to its customers via email.

According to Microsoft, most were sent for hacking operations linked back to Russian state-sponsored groups, while most of the victims were located in the US.

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Image: Microsoft

These email notifications were sent for email phishing attacks against its customers. Microsoft said it tried to counter some of these attacks by using court orders to seize domains used in these attacks.

Over the past year, Microsoft seized domains previously operated by nation-state groups like Strontium (Russia), Barium (China), Phosphorus (Iran), and Thallium (North Korea).

Another interesting finding of the Microsoft Digital Defense Report is that the primary targets of APT attacks have been non-governmental organizations and the services industry.

This particular finding goes against the grain. Most industry experts often warn that APT groups prefer to target critical infrastructure, but Microsoft says its findings tell a different story.

“Nation state activity is more likely to target organizations outside of the critical infrastructure sectors by a significant measure, with over 90% of notifications served outside of these sectors,” Microsoft said.

As for the techniques that have been preferred this past year (July 2019 to June 2020) by nation-state groups, Microsoft noted several interesting developments, with the rise of:

  • Password spraying (Phosphorus, Holmium, and Strontium)
  • Use of penetration testing tools (Holmium)
  • The use of ever-more-complex spear-phishing (Thallium)
  • The use of web shells to backdoor servers (Zinc, Krypton, Gallium)
  • The use of exploits targeting VPN servers (Manganese)
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Image: Microsoft

All in all, Microsoft concludes that criminal groups have evolved their techniques over the past year to increase the success rates of their campaigns, as defenses have gotten better at blocking their past attacks.

Just like in years prior, the entire cybersecurity landscape appears to be sitting on a giant merry-go-round, and constant learning and monitoring is required from defenders to keep up with the ever-evolving attackers, may them be financially-motivated or nation-sponsored groups.

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The Internet is Littered in ‘Educated Guesses’ Without the ‘Education’

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Although no one likes a know-it-all, they dominate the Internet.

The Internet began as a vast repository of information. It quickly became a breeding ground for self-proclaimed experts seeking what most people desire: recognition and money.

Today, anyone with an Internet connection and some typing skills can position themselves, regardless of their education or experience, as a subject matter expert (SME). From relationship advice, career coaching, and health and nutrition tips to citizen journalists practicing pseudo-journalism, the Internet is awash with individuals—Internet talking heads—sharing their “insights,” which are, in large part, essentially educated guesses without the education or experience.

The Internet has become a 24/7/365 sitcom where armchair experts think they’re the star.

Not long ago, years, sometimes decades, of dedicated work and acquiring education in one’s field was once required to be recognized as an expert. The knowledge and opinions of doctors, scientists, historians, et al. were respected due to their education and experience. Today, a social media account and a knack for hyperbole are all it takes to present oneself as an “expert” to achieve Internet fame that can be monetized.

On the Internet, nearly every piece of content is self-serving in some way.

The line between actual expertise and self-professed knowledge has become blurry as an out-of-focus selfie. Inadvertently, social media platforms have created an informal degree program where likes and shares are equivalent to degrees. After reading selective articles, they’ve found via and watching some TikTok videos, a person can post a video claiming they’re an herbal medicine expert. Their new “knowledge,” which their followers will absorb, claims that Panda dung tea—one of the most expensive teas in the world and isn’t what its name implies—cures everything from hypertension to existential crisis. Meanwhile, registered dietitians are shaking their heads, wondering how to compete against all the misinformation their clients are exposed to.

More disturbing are individuals obsessed with evangelizing their beliefs or conspiracy theories. These people write in-depth blog posts, such as Elvis Is Alive and the Moon Landings Were Staged, with links to obscure YouTube videos, websites, social media accounts, and blogs. Regardless of your beliefs, someone or a group on the Internet shares them, thus confirming your beliefs.

Misinformation is the Internet’s currency used to get likes, shares, and engagement; thus, it often spreads like a cosmic joke. Consider the prevalence of clickbait headlines:

  • You Won’t Believe What Taylor Swift Says About Climate Change!
  • This Bedtime Drink Melts Belly Fat While You Sleep!
  • In One Week, I Turned $10 Into $1 Million!

Titles that make outrageous claims are how the content creator gets reads and views, which generates revenue via affiliate marketing, product placement, and pay-per-click (PPC) ads. Clickbait headlines are how you end up watching a TikTok video by a purported nutrition expert adamantly asserting you can lose belly fat while you sleep by drinking, for 14 consecutive days, a concoction of raw eggs, cinnamon, and apple cider vinegar 15 minutes before going to bed.

Our constant search for answers that’ll explain our convoluted world and our desire for shortcuts to success is how Internet talking heads achieve influencer status. Because we tend to seek low-hanging fruits, we listen to those with little experience or knowledge of the topics they discuss yet are astute enough to know what most people want to hear.

There’s a trend, more disturbing than spreading misinformation, that needs to be called out: individuals who’ve never achieved significant wealth or traded stocks giving how-to-make-easy-money advice, the appeal of which is undeniable. Several people I know have lost substantial money by following the “advice” of Internet talking heads.

Anyone on social media claiming to have a foolproof money-making strategy is lying. They wouldn’t be peddling their money-making strategy if they could make easy money.

Successful people tend to be secretive.

Social media companies design their respective algorithms to serve their advertisers—their source of revenue—interest; hence, content from Internet talking heads appears most prominent in your feeds. When a video of a self-professed expert goes viral, likely because it pressed an emotional button, the more people see it, the more engagement it receives, such as likes, shares and comments, creating a cycle akin to a tornado.

Imagine scrolling through your TikTok feed and stumbling upon a “scientist” who claims they can predict the weather using only aluminum foil, copper wire, sea salt and baking soda. You chuckle, but you notice his video got over 7,000 likes, has been shared over 600 times and received over 400 comments. You think to yourself, “Maybe this guy is onto something.” What started as a quest to achieve Internet fame evolved into an Internet-wide belief that weather forecasting can be as easy as DIY crafts.

Since anyone can call themselves “an expert,” you must cultivate critical thinking skills to distinguish genuine expertise from self-professed experts’ self-promoting nonsense. While the absurdity of the Internet can be entertaining, misinformation has serious consequences. The next time you read a headline that sounds too good to be true, it’s probably an Internet talking head making an educated guess; without the education seeking Internet fame, they can monetize.

______________________________________________________________

 

Nick Kossovan, a self-described connoisseur of human psychology, writes about what’s

on his mind from Toronto. You can follow Nick on Twitter and Instagram @NKossovan.

 

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Tight deadlines on software projects can put safety at risk: survey

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TORONTO – A new survey says a majority of software engineers and developers feel tight project deadlines can put safety at risk.

Seventy-five per cent of the 1,000 global workers who responded to the survey released Tuesday say pressure to deliver projects on time and on budget could be compromising critical aspects like safety.

The concern is even higher among engineers and developers in North America, with 77 per cent of those surveyed on the continent reporting the urgency of projects could be straining safety.

The study was conducted between July and September by research agency Coleman Parkes and commissioned by BlackBerry Ltd.’s QNX division, which builds connected-car technology.

The results reflect a timeless tug of war engineers and developers grapple with as they balance the need to meet project deadlines with regulations and safety checks that can slow down the process.

Finding that balance is an issue that developers of even the simplest appliances face because of advancements in technology, said John Wall, a senior vice-president at BlackBerry and head of QNX.

“The software is getting more complicated and there is more software whether it’s in a vehicle, robotics, a toaster, you name it… so being able to patch vulnerabilities, to prevent bad actors from doing malicious acts is becoming more and more important,” he said.

The medical, industrial and automotive industries have standardized safety measures and anything they produce undergoes rigorous testing, but that work doesn’t happen overnight. It has to be carried out from the start and then at every step of the development process.

“What makes safety and security difficult is it’s an ongoing thing,” Wall said. “It’s not something where you’ve done it, and you are finished.”

The Waterloo, Ont.-based business found 90 per cent of its survey respondents reported that organizations are prioritizing safety.

However, when asked about why safety may not be a priority for their organization, 46 per cent of those surveyed answered cost pressures and 35 per cent said a lack of resources.

That doesn’t surprise Wall. Delays have become rampant in the development of tech, and in some cases, stand to push back the launch of vehicle lines by two years, he said.

“We have to make sure that people don’t compromise on safety and security to be able to get products out quicker,” he said.

“What we don’t want to see is people cutting corners and creating unsafe situations.”

The survey also took a peek at security breaches, which have hit major companies like London Drugs, Indigo Books & Music, Giant Tiger and Ticketmaster in recent years.

About 40 per cent of the survey’s respondents said they have encountered a security breach in their employer’s operating system. Those breaches resulted in major impacts for 27 per cent of respondents, moderate impacts for 42 per cent and minor impacts for 27 per cent.

“There are vulnerabilities all the time and this is what makes the job very difficult because when you ship the software, presumably the software has no security vulnerabilities, but things get discovered after the fact,” Wall said.

Security issues, he added, have really come to the forefront of the problems developers face, so “really without security, you have no safety.”

This report by The Canadian Press was first published Oct. 8, 2024.

Companies in this story: (TSX:BB)

The Canadian Press. All rights reserved.

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Beware of scams during Amazon’s Prime Big Deal Days sales event: cybersecurity firm

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As online shoppers hunt for bargains offered by Amazon during its annual fall sale this week, cybersecurity researchers are warning Canadians to beware of an influx of scammers posing as the tech giant.

In the 30 days leading up to Amazon’s Prime Big Deal Days, taking place Tuesday and Wednesday, there were more than 1,000 newly registered Amazon-related web domains, according to Check Point Software Technologies, a company that offers cybersecurity solutions.

The company said it deemed 88 per cent of those domains malicious or suspicious, suggesting they could have been set up by scammers to prey on vulnerable consumers. One in every 54 newly created Amazon-related domain included the phrase “Amazon Prime.”

“They’re almost indiscernible from the real Amazon domain,” said Robert Falzon, head of engineering at Check Point in Canada.

“With all these domains registered that look so similar, it’s tricking a lot of people. And that’s the whole intent here.”

Falzon said Check Point Research sees an uptick in attempted scams around big online shopping days throughout the year, including Prime Days.

Scams often come in the form of phishing emails, which are deceptive messages that appear to be from a reputable source in attempt to steal sensitive information.

In this case, he said scammers posing as Amazon commonly offer “outrageous” deals that appear to be associated with Prime Days, in order to trick recipients into clicking on a malicious link.

The cybersecurity firm said it has identified and blocked 100 unique Amazon Prime-themed scam emails targeting organizations and consumers over the past two weeks.

Scammers also target Prime members with unsolicited calls, claiming urgent account issues and requesting payment information.

“It’s like Christmas for them,” said Falzon.

“People expect there to be significant savings on Prime Day, so they’re not shocked that they see something of significant value. Usually, the old adage applies: If it seems too good to be true, it probably is.”

Amazon’s website lists a number of red flags that it recommends customers watch for to identify a potential impersonation scam.

Those include false urgency, requests for personal information, or indications that the sender prefers to complete the purchase outside of the Amazon website or mobile app.

Scammers may also request that customers exclusively pay with gift cards, a claim code or PIN. Any notifications about an order or delivery for an unexpected item should also raise alarm bells, the company says.

“During busy shopping moments, we tend to see a rise in impersonation scams reported by customers,” said Amazon spokeswoman Octavia Roufogalis in a statement.

“We will continue to invest in protecting consumers and educating the public on scam avoidance. We encourage consumers to report suspected scams to us so that we can protect their accounts and refer bad actors to law enforcement to help keep consumers safe.”

Falzon added that these scams are more successful than people might think.

As of June 30, the Canadian Anti-Fraud Centre said there had been $284 million lost to fraud so far this year, affecting 15,941 victims.

But Falzon said many incidents go unreported, as some Canadians who are targeted do not know how or where to flag a scam, or may choose not to out of embarrassment.

Check Point recommends Amazon customers take precautions while shopping on Prime Days, including by checking URLs carefully, creating strong passwords on their accounts, and avoiding personal information being shared such as their birthday or social security number.

The cybersecurity company said consumers should also look for “https” at the beginning of a website URL, which indicates a secure connection, and use credit cards rather than debit cards for online shopping, which offer better protection and less liability if stolen.

This report by The Canadian Press was first published Oct. 8, 2024.

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