Network Security

Our network security news section contains a range of articles relating to securing networks and blocking cyberattacks, ransomware and malware downloads. This section also features articles on recent network security breaches, alerting organizations to the latest attack trends being used by cybercriminals.

Layered cybersecurity defenses are essential given the increase in hacking incidents and the explosion in ransomware and malware variants over the past two years. Organizations can tackle the threat by investing in new security defenses such as next generation firewalls, end point protection systems, web filtering solutions and advanced anti-malware and antivirus defenses.

While much investment goes on tried and tested solutions that have been highly effective in the past, many cybersecurity solutions – antivirus software – are not as effective as they once were. In order to maintain pace with hackers and cybercriminals and get ahead of the curve, organizations should consider implementing a wide range of new cybersecurity solutions to block network intrusions, prevent data breaches and improve protection against the latest malware and ransomware threats.

This category contains information and advice on alternative network security solutions that can be adopted to improve network security and ensure networks are not infiltrated by hackers and infected with malicious software.

Endpoint Security Risk Study Shows Major Rise in Fileless Malware Attacks

The Ponemon Institute has published the findings of a new report on endpoint security risk, which shows that ransomware attacks have occurred at most companies, the risk of fileless malware attacks has increased significantly, and successful cyberattacks are resulting in average losses of more than $5 million.

For the Barkly-sponsored endpoint security risk study, the Ponemon Institute surveyed 665 IT security professionals that were responsible for the management of their organization’s security risk.

7 out of ten respondents claimed endpoint security risk was significantly higher this year than in 2016, and one of the biggest threats was now fileless malware. Companies are still using traditional anti-virus and anti-malware solutions, although they are not effective at preventing fileless malware attacks.

Fileless malware is not detected by most anti-virus solutions since no files are written to the hard drive. Instead, fileless malware remains in the memory, oftentimes leveraging legitimate system tools to gain persistence and spread to other devices on the network.

These fileless malware attacks are occurring far more frequently, with respondents estimating a 20% rise in attacks in 2017. 29% of all cyberattacks in 2017 involved fileless malware, and the threat is expected to continue to increase, and will account for more than a third of all attacks in 2018.

The switch from file-based malware to fileless malware is understandable. The attacks are often successful. 54% of companies surveyed said they had experienced at least one cyberattack that resulted in data being compromised, and 77% of those attacks involved exploits or fileless malware. 42% of respondents said they had experienced a fileless malware attack that resulted in systems or data being compromised in 2017.

Fileless malware attacks are increasing, but so are ransomware attacks. Over half of companies that took part in the endpoint security risk study said they had experienced at least one ransomware attack in 2017, while four out of ten firms experienced multiple ransomware attacks. Even though most companies backup their files, 65% of respondents said they had paid a ransom to recover their data, with the average amount being $3,675. The primary method of ransomware delivery is email.

While the ransom payments may be relatively low, that represents only a small proportion of the costs of such attacks. For the endpoint security risk study, firms were asked to estimate the total cost of cyberattacks – On average, each successful attack on endpoints cost an average of $5,010,600 to resolve – $301 per employee.

Protect Against Malware Attacks by Blocking the Primary Delivery Vector

Email is the primary method for distributing malware. Implementing a spam filtering solution, preferably a gateway solution, can keep an organization protected from malicious emails and will prevent malicious messages from being delivered to end users, and is important for helping organizations manage endpoint security risk.

Many companies opt for an email gateway filtering appliance – an appliance located between the firewall and email server. These solutions are powerful, but they come at a cost since the appliance must be purchased. These appliance-based solutions also lack scalability.

If you want the power of an appliance, but want to keep costs to a minimum, consider a solution such as SpamTitan. SpamTitan offers the same power as a dedicated appliance, without the need to purchase any additional hardware. SpamTitan can be deployed as a virtual appliance on existing hardware, offering the same level of protection as an email gateway filtering appliance at a fraction of the cost.

Don’t Forget to Train Your Employees to be More Security Conscious

A recent InfoBlox survey on healthcare organizations in the United States and United Kingdom revealed that companies in this sector are realizing the benefits of training employees to be more security aware, although only 35% of firms currently provide training to employees.

No matter what email filtering solution you use, there will be times when spammers succeed, and messages are delivered. It is therefore important that staff are trained how to identify and respond to suspicious emails. If end users are not aware of the threats, and do not know how to recognize potential phishing emails, there is a higher chance of them engaging in risky behavior and compromising their device and the network.

Microsoft Patches 17-Year Old MS Office Remote Code Execution Vulnerability

A serious MS Office remote code execution vulnerability has been patched by Microsoft – One that would allow malware to be installed remotely with no user interaction required. The flaw has been present in MS Office for the past 17 years.

The flaw, which was discovered by researchers at Embedi, is being tracked as CVE-2017-11882. The vulnerability is in the Microsoft Equation Editor, a part of MS Office that is used for inserting and editing equations – OLE objects – in documents: Specifically, the vulnerability is in the executable file EQNEDT32.exe.

The memory corruption vulnerability allows remote code execution on a targeted computer, and would allow an attacker to take full control of the system, if used with Windows Kernel privilege exploits. The flaw can be exploited on all Windows operating systems, including unpatched systems with the Windows 10 Creators Update.

Microsoft addressed the vulnerability in its November round of security updates. Any unpatched system is vulnerable to attack, so it is strongly advisable to apply the patch promptly. While the vulnerability could potentially have been exploited at any point in the past 17 years, attacks exploiting this MS Office remote code execution vulnerability are much more likely now that a patch has been released.

The flaw does not require the use of macros, only for the victim to open a specially crafted malicious Office document. Malicious documents designed to exploit the vulnerability would likely arrive via spam email, highlighting the importance of implementing a spam filtering solution such as SpamTitan to block the threat.

End users who are fooled into opening a malicious document can prevent infection by closing the document without enabling macros. In this case, malware would be installed simply by opening the document.

Microsoft has rated the vulnerability as important, rather than critical, although researchers at Embedi say this flaw is “extremely dangerous.” Embedi has developed a proof of concept attack that allowed them to successfully exploit the vulnerability. The researchers said, “By inserting several OLEs that exploited the described vulnerability, it was possible to execute an arbitrary sequence of commands (e.g. to download an arbitrary file from the Internet and execute it),”

EQNEDT32.exe is run outside of the Microsoft Office environment, so it is therefore not subject to Office and many Windows 10 protections. In addition to applying the patch, security researchers at Embedi recommend disabling EQNEDT32.EXE in the registry, as even with the patch applied, the executable still has a number of other vulnerabilities. Disabling the executable will not impact users since this is a feature of Office that is never needed by most users.

Ordinypt Malware: A New Wiper Disguised as Ransomware

Ordinypt malware is currently being used in targeted attacks on companies in Germany. While Ordinypt malware appears to victims to be ransomware, the malware is actually a wiper.

Infection sees files made inaccessible, and as with ransomware, a ransom demand is issued. The attackers ask for 0.12 Bitcoin – around $836 – to restore files.

Ordinypt malware does not encrypt files – it simply deletes the original file name and replaces it with a random string of letters and numbers. The contents of files are also replaced with random letters and numbers.

Even if the ransom demand is paid, the attackers do not have a mechanism to allow victims to recover their original files. The only sure-fire way to recover files is to restore them from a backup. In contrast to many ransomware variants that make it difficult to recover files by deleting Windows Shadow Volume copies, those are left intact, so it may be possible for users to recover some of their files.

Ordinypt malware – or HSDFSDCrypt as it was originally known – was discovered by Michael Gillespie. A sample of the malware was obtained and analyzed by German security researcher Karsten Hahn from G Data Security. G Data Security renamed the malware Ordinypt.

Hahn notes that Ordinypt malware is poorly written with a bad coding style, indicating this is not the work of a skilled hacker. Hahn said, this is “A stupid malware that destroy information of enterprises and innocent people and try steal money.”

The attackers are using a common technique to maximize the number of infections. The malware is disguised as PDF files which are distributed via spam email. The messages claim to be applications in reply to job adverts. Two files are included in a zip file attachment, which appear to be a resume and a CV.

While the files appear to be PDFs, and are displayed as such, they actually have a double extension. If the user’s computer has file extensions hidden, all that will be displayed is filename.pdf, when in actual fact the file is filename.pdf.exe. Clicking on either of the files will run the executable and launch Ordinypt malware.

In recent months there have been several wiper malware variants detected that pretend to be ransomware. The attackers are taking advantage of the publicity surrounding ransomware attacks, and are fooling end users into paying a ransom, when there is no way of recovering files. It is not clear whether the reason for the attacks is to make money. It is possible that these attacks are simply intended to cause disruption to businesses, as was the case with the NotPetya wiper attacks.

Regardless of how poorly written this malware is, it is still effective and can cause significant disruption to businesses. Protecting against this, and other email-based malware threats, requires a combination of end user training and technology.

End users should be informed of the risks of opening attachments from unknown senders and should assume that all such emails could be malicious. In this case, the malware is poorly written but the emails are not. They use perfect German and are highly believable. HR employees could be easily fooled by a ruse such as this.

The best protection against threats such as these is an advanced spam filter such as SpamTitan. Preventing these emails from reaching inboxes is the best defense.

By configuring the spam filter to block executable files, the messages will be rerouted to a quarantine folder rather than being delivered, mitigating the threat.

For further information on how a spam filter can help to block email-based threats and to register for a free trial of SpamTitan for your business, contact the TitanHQ team today.

Ursnif Banking Trojan Uses New Tactic to Spread More Rapidly

A new variant of the Ursnif banking Trojan has been detected and the actors behind the latest campaign have adopted a new tactic to spread the malware more rapidly.  

Ransomware attacks may make the headlines, but banking Trojans can cause considerably more damage. The $60 million heist from a Taiwanese bank last month shows just how serious infection with banking Trojans can be. The Dridex Trojan raked in more than $40 million in 2015.

The Ursnif banking Trojan is one of the most commonly used Trojans. As with other banking Trojans, the purpose of the Ursnif Trojan is to steal credentials such as logins to banking websites, corporate bank details, and credit card numbers. The stolen credentials are then used for financial transactions. It is not uncommon for accounts to be emptied before the transactions are discovered, by which time the funds have cleared, have been withdrawn, and the criminal’s account has been closed. Recovering the stolen funds can be impossible.

Infection will see the malware record a wide range of sensitive data, capturing credentials as they are entered through the browser. The Ursnif banking Trojan also takes screenshots of the infected device and logs keystrokes. All of that information is silently transmitted to the attacker’s C2 server.

Banking Trojans can be installed in a number of ways. They are often loaded onto websites where they are downloaded in drive-by attacks. Traffic is generated to the malicious websites via malvertising campaigns or spam emails contacting hyperlinks. Legitimate websites are compromised using brute force tactics, and kits loaded to the sites that prey on individuals who have failed to keep their software up to date. Oftentimes, downloads are sent via spam email, hidden in attachments.

Spam email has previously been used to spread the Ursnif banking Trojan, and the latest campaign is no different in that respect. However, the latest campaign uses a new tactic to maximize the chance of infection and spread infections more rapidly and widely. Financial institutions have been the primary target of this banking Trojan, but with this latest attack method they are far more widespread.

Infection will see the user’s contact list abused and spear phishing emails sent to each of the user’s contacts. Since the spear phishing emails arrive from a trusted email account, the likelihood of the emails being opened is significantly increased. Simply opening the email will not result in infection. For that to occur, the recipient must open the email attachment. Again, since it has come from a trusted sender, that is more likely.

The actors behind this latest Ursnif banking Trojan campaign have another trick to increase trust and ensure their payload is delivered. The spear phishing emails contain message threads from past conversations. The email appears to be a response to a previous email, and include details of past conversations.

A short line of text is included as a prompt to get the recipient to open the email attachment – A Word document containing a malicious macro. That macro needs to be authorized to run – if macros have not been set to run automatically, but it will not until the Word document is closed. When the macro runs, it launches PowerShell commands that download the Ursnif Trojan, which then starts logging activity on the infected device and sends further spear phishing emails to the new victim’s contact list.

This is not a brand-new tactic, but it is new to Ursnif – and it is likely to see infections spread much more quickly. Further, the malware incorporates a number of additional tactics to hamper detection, allowing information to be stolen and bank accounts emptied before infection is detected – the Trojan even deletes itself once it has run.

Malware is constantly evolving, and new tactics are constantly developed to increase the likelihood of infection. The latest campaign shows just how important it is to block email threats before they reach end users’ inboxes.

With an advanced spam filter such as SpamTitan in place, malicious emails can be blocked to stop them from reaching end user’s inboxes, greatly reducing the risk of malware infections.

Malicious Spam Email Volume Jumps 85%: Malicious URLs Favored Over Attachments

2017 has seen a major rise in malicious spam email volume. As the year has progressed, the volume of malicious messages sent each month has grown. A new report from Proofpoint shows malicious spam email volume rose by 85% in Q3, 2017.

A deeper dive into the content of those messages shows cybercriminals’ tactics have changed. In 2017, there has been a notable rise in the use of malicious URLs sent via email compared to malicious attachments containing malware. URL links to sites hosting malware have jumped by an astonishing 600% in Q3, which represents a 2,200% increase since this time last year. This level of malicious URLs has not been seen since 2014.

The links direct users to malicious websites that have been registered by cybercriminals, and legitimate sites that have been hijacked and loaded hacking toolkits. In many cases, simply clicking on the links is all that is required to infect the user’s computer with malware.

While there is a myriad of malware types now in use, the biggest threat category in Q3 was ransomware, which accounted for 64% of all email-based malware attacks. There are many ransomware variants in use, but the undisputed king in Q3 was Locky, accounting for 55% of total message volume and 86% of all ransomware attacks. There was also a rising trend in destructive ransomware – ransomware that encrypts files but does not include the option of letting victims’ recover their files.

The second biggest malware threat category was banking Trojans, which accounted for 24% of malicious spam email volume. Dridex has long been a major threat, although in Q3 it was a Trojan called The Trick that become the top banking Trojan threat. The Trick Trojan was used in 70% of all banking Trojan attacks.

Unsurprisingly, with such as substantial rise in malicious spam email volume, email fraud has also risen, up 12% quarter over quarter and up 32% from this time last year.

Cybercriminals are constantly changing tactics and frequently switch malware variants and attack methods, but for the time being at least, exploit kits are still not favored. Exploit kit attacks are at just 10% of the level of last year’s high, with spam email now the main method of malware delivery.

With malicious spam email volume having increased once again, and a plethora of new threats and highly damaging malware attacks posing a very real risk, it is essential that businesses double down on their defenses. The best way to defend against email threats is to improve spam defenses. An advanced spam filtering solution is essential for blocking email threats. The more malicious emails that are captured and prevented from being delivered, the lower the chance of end users clicking on malicious links and downloading malware.

SpamTitan blocks more than 99.9% of spam emails, helping to keep inboxes free from malware threats. No single solution can block all email threats, so a spam filtering solution should be accompanied with endpoint security solutions, web filters to block malicious links from being visited, antimalware and antivirus solutions, and email authentication technology.

While it is easy to concentrate on technology to protect against email threats, it is important not to forget to train employees to be more security aware. Regular training sessions, cybersecurity newsletters and bulletins about the latest threats, and phishing simulation exercises can help employees improve their threat detection skills and raise cybersecurity awareness.

Global Data Breach Study Shows 1.9 Billion Records Were Exposed in the First Half of 1017

A global data breach study by Gemalto provides valuable insights into data breaches reported over the first six months of 2017, showing there has been a significant increase in data breaches and the number of records exposed.

Barely a day has gone by without a report of a data breach in the media, so it will probably not come as a surprise to hear that data breaches have risen again in 2017. What is surprising is the scale of the increase. Compared to the first six months of 2016 – which saw huge numbers of data breaches reported – 2017 saw a 13% increase in incidents. However, it is the scale of those breaches that is shocking. 2017 saw 164% more records exposed than in 2016.

During the first six months of 2017, a staggering 918 data breaches were confirmed, resulting in 1.9 billion records and email credentials being exposed or stolen. Further, that figure is a conservative. According to Gemalto’s global data breach study, it is unknown how many records were compromised in 59.3% of data breaches between January and June 2017.

What is clear is the data breaches are increasing in size. Between January and the end of June, there were 22 breaches reported that each impacted more than 1 million individuals.

To put the global data breach study figures into perspective, more than 10.5 million records were exposed each day in the first half of 2017 – or 122 records per second.

What is the Biggest Cause of Data Breaches in the First Half of 2017?

While malicious insiders pose a significant threat, and caused 8% of breaches, accidental loss of devices or records accounted for 18% of incidents. But the biggest cause of data breaches was malicious outsiders, who caused 74% of all tracked data breaches.

However, in terms of the severity of breaches, it is accidental loss that tops the list. There many have only been 166/918 breaches due to accidental loss according to the global data breach study, but those incidents accounted for 86% of all records – That’s 1.6 billion.

Malicious outsiders may have caused the most breaches – 679/918 – but those breaches involved just 13% of the total number of records – 254 million. In the first half of 2016, malicious outsiders were the leading breach cause and data breaches and accounted for 76% of breached records.

It is worth noting that while malicious insiders were responsible for just 8% of incidents, those incidents saw 20 million records exposed. Compared to 2016, that’s a 4114% increase.

Which Regions Had the Most Data Breaches in the First Half of 2017?

While North America was the hardest hit, accounting for 88% of all reported breaches, that does not necessarily mean that most breaches are occurring in the United States. In the U.S. there are far stricter reporting requirements, and companies are forced to disclose data breaches.

In Europe, many companies choose not to announce data breaches. It will therefore be interesting to see how the figures change next year. From May 2018, there will be far stricter reporting requirements due to the introduction of the General Data Protection Regulation (GDPR). For this report, there were 49 reported breaches in Europe – 5% of the total. 40% of those breaches were in the United Kingdom. There were 47 breaches in the Asia Pacific region – 5% of the total – with 15 in India and the same percentage in Australia.

Which Industries Suffer the Most Data Breaches?

The worst affected industry was healthcare, accounting for 25% of all breaches. However, bear in mind that HIPAA requires healthcare organizations to report all breaches in the United States. The financial services industry was in second place with 14% of the total, followed by education with 13% of breaches. The retail industry recorded 12% of breaches, followed by the government on 10% and technology on 7%.

In terms of the number of records breached, it is ‘other industries’ that were the worst hit. Even though that group accounted for just 6% of breaches they resulted in the exposure of 71% of records. Government breaches accounted for 21% of the total, followed by technology (3%), education (2%), healthcare (2%) and social media firms (1%).

How Can These Breaches be Stopped?

In the most part, these data breaches occurred due to poor cybersecurity protections, basic security failures, poor internal security practices, and the failure to use data encryption. Previous research by PhishMe has shown that 91% of data breaches start with a phishing email. Anti-spam defenses are therefore critical in preventing data breaches. If phishing emails are prevented from being delivered, a large percentage of external attacks can be stopped.

Organizations that have yet to use two factor authentication should ensure that this basic security control is employed. Employees should receive cybersecurity awareness training, and training programs should be ongoing. In particular, employees should be trained how to identify phishing emails and the actions they should take when a suspicious email is encountered.

Accidental loss of data from lost and stolen devices can be prevented with the use of encryption, although most accidental losses were due to poorly configured databases. Organizations should pay particular attention to their databases and cloud instances, to make sure they are appropriately secured and cannot be accessed by unauthorized individuals.

Bad Rabbit Ransomware Hits Russia, Ukraine and Europe

Bad Rabbit ransomware attacks have been reported throughout Russia, Ukraine, and Eastern Europe. While new ransomware variants are constantly being developed, Bad Rabbit ransomware stands out due to the speed at which attacks are occurring, the ransomware’s ability to spread within a network, and its similarity to the NotPetya attacks in June 2017.

Bad Rabbit Ransomware Spreads via Fake Flash Player Updates

While Bad Rabbit ransomware has been likened to NotPetya, the method of attack differs. Rather than exploit the Windows Server Message Block vulnerability, the latest attacks involve drive-by downloads that are triggered when users respond to a warning about an urgent Flash Player update. The Flash Player update warnings have been displayed on prominent news and media websites.

The malicious payload packed in an executable file called install_flash_player.exe. That executable drops and executes the file C:\Windows\infpub.dat, which starts the encryption process. The ransomware uses the open source encryption software DiskCryptor to encrypt files with AES, with the keys then encrypted with a RSA-2048 public key. There is no change to the file extension of encrypted files, but every encrypted file has the .encrypted extension tacked on.

Once installed, it spreads laterally via SMB. Researchers at ESET do not believe bad rabbit is using the ETERNALBLUE exploit that was incorporated into WannaCry and NotPetya. Instead, the ransomware uses a hardcoded list of commonly used login credentials for network shares, in addition to extracting credentials from a compromised device using the Mimikatz tool.

Similar to NotPetya, Bad Rabbit replaces the Master Boot Record (MBR). Once the MBR has been replaced, a reboot is triggered, and the ransom note is then displayed.

Victims are asked to pay a ransom payment of 0.5 Bitcoin ($280) via the TOR network. The failure to pay the ransom demand within 40 hours of infection will see the ransom payment increase. It is currently unclear whether payment of the ransom will result in a valid key being provided.

So far confirmed victims include the Russian news agencies Interfax and Fontanka, the Ministry of Infrastructure of Ukraine, the Odessa International Airport, and the Kiev Metro. In total there are believed to have been more than 200 attacks so far in Russia, Ukraine, Turkey, Bulgaria, Japan, and Germany.

How to Block Bad Rabbit Ransomware

To prevent infection, Kaspersky Lab has advised companies to restrict the execution of files with the paths C:\windows\infpub.dat and C:\Windows\cscc.dat.

Alternatively, those files can be created with read, write, and execute permissions removed for all users.

US-CERT Warns of Phishing Attacks on Energy Companies

On Friday, the U.S. Department of Homeland Security’s (DHS) computer emergency readiness team (US-CERT) issued a new warning about phishing attacks on energy companies and other critical infrastructure sectors.

Advanced persistent threat (APT) actors are conducting widespread attacks on organizations in the energy, aviation, nuclear, water, and critical manufacturing sectors. Those attacks, some of which have been successful, have been occurring with increasing frequency since at least May 2017. The group behind the attack has been called Dragonfly by AV firm Symantec, which reported on the attacks in September.

DHS believes the Dragonfly group is a nation-state sponsored hacking group whose intentions are espionage, open source reconnaissance and cyberattacks designed to disrupt energy systems.

These cyberattacks are not opportunistic like most phishing campaigns. They are targeted attacks on specific firms within the critical infrastructure sectors. While some firms have been attacked directly, in many cases the attacks occur through a ‘staging’ company that has previously been compromised. These staging companies are trusted vendors of the targeted organization. By conducting attacks through those companies, the probability of an attack on the target firm succeeding is increased.

DHS warns that the attackers are using several methods to install malware and obtain login credentials. The phishing attacks on energy companies have included spear phishing emails designed to get end users to reveal their login credentials and malicious attachments that install malware.

In the case of the former, emails direct users to malicious websites where they are required to enter in their credentials to confirm their identity and view content. While some websites have been created by the attackers, watering hole attacks are also occurring on legitimate websites that have been compromised with malicious code. DHS warns that approximately half of the attacks have occurred through sites used by trade publications and informational websites “related to process control, ICS, or critical infrastructure.”

Phishing emails containing malicious attachments are used to directly install malware or the files contain hyperlinks that direct the user to websites where a drive-by malware download occurs. The links are often shortened URLS creating using the bit.ly and tinyurl URL shortening services. The attackers are also using email attachments to leverage Windows functions such as Server Message Block (SMB) protocol to retrieve malicious files. A similar SMB technique is also used to harvest login credentials.

The malicious attachments are often PDF files which claim to be policy documents, invitations, or resumés. Some of the phishing attacks on energy companies have used a PDF file attachment with the name “AGREEMENT & Confidential.” In this case, the PDF file does not include any malicious code, only a hyperlink to a website where the user is prompted to download the malicious payload.

US-CERT has advised companies in the targeted sectors that the attacks are ongoing, and action should be taken to minimize risk. Those actions include implementing standard defenses to prevent web and email-based phishing attacks such as spam filtering solutions and web filters.

Since it is possible that systems may have already been breached, firms should be regularly checking for signs of an intrusion, such as event and application logs, file deletions, file changes, and the creation of new user accounts.

Average Enterprise Data Breach Cost Now $1.3 Million

The average enterprise data breach cost has risen to $1.3 million, according to a new report from antivirus firm Kaspersky Lab – An increase of $100,000 year over year. Small to medium size businesses are also having to dig deeper to remediate data breaches. The average data breach cost for SMBs is now $117,000.

For the cost of a data breach study, Kaspersky Lab surveyed more than 5,000 businesses, asking questions about how much firms are spending on data breach resolution and how those costs are split between various aspects of the breach response. Businesses were also asked about future spending and how much their IT security budgets are increasing year over year.

The survey reveals that in North America, the percentage of the budget being spent on IT security is increasing. However, overall budgets are reducing, so the net spend on IT security has decreased year over year. Last year, businesses were allocating 16% of their budgets to IT security, which has risen to 18% this year. However, average enterprise IT security budgets have dropped from $25.5 million last year to just $13.7 million this year.

Breaking Down the Enterprise Data Breach Cost

So how is the enterprise data breach cost broken down? What is the biggest cost of resolving a data breach? The biggest single data breach resolution cost is additional staff wages, which costs an average of $207,000 per breach.

Other major costs were infrastructure improvements and software upgrades ($172,000), hiring external computer forensics experts and cybersecurity firms ($154,000), additional staff training ($153,000), lost business ($148,000), and compensation payments ($147,000).

The average SMB data breach resolution cost was $117,000. The biggest costs were contracting external cybersecurity firms to conduct forensic investigations and the loss of business as a direct result of a breach, both cost an average of $21,000 each. Additional staff wages cost $16,000, increases in insurance premiums and credit rating damage cost an average of $11,000, new security software and infrastructure costs were $11,000, and new staff and brand damage repair cost $10,000 each. Further staff training and compensation payouts cost $9,000 and $8,000 respectively.

The high cost of data breach mitigation shows just how important it is for enterprises and SMBs to invest in data breach prevention and detection technologies. Blocking cyberattacks is essential, but so too is detecting breaches when they do occur. As the IBM/Ponemon Institute 2017 Cost of a Data Breach Study showed, the faster a breach is detected, the lower the enterprise data breach cost will be.

The Importance of an Effective Spam Filter

There are many potential vulnerabilities that can be exploited by hackers, so it is important for businesses of all sizes to conduct regular risk assessments to find holes in their defenses before cybercriminals do. A risk management plan should be devised to address any vulnerabilities uncovered during the risk assessment. Priority should be given to the most serious risks and those that would have the greatest impact if exploited.

While there is no single cybersecurity solution that can be adopted to prevent data breaches, one aspect of data breach prevention that should be given priority is a software solution that can block email threats. Spam email represents the biggest threat to organizations. Research conducted by PhishMe suggests 91% of all data breaches start with a phishing email. Blocking those malicious emails is therefore essential.

TitanHQ has developed a highly effective spam filtering solution for enterprises – and SMBs – that blocks more than 99.9% of spam email, preventing phishing emails, malware, and ransomware from reaching employees’ inboxes.

To find out how SpamTitan can protect your business from email threats, for a product demonstration and to register for a free trial of SpamTitan, contact the TitanHQ team today.

Email Security and HIPAA Compliance

Healthcare organizations are being targeted by hackers and scammers and email is the No1 attack vector. 91% of all cyberattacks start with a phishing email and figures from the Anti-Phishing Working Group indicate end users open 30% of phishing emails that are delivered to their inboxes. Stopping emails from reaching inboxes is therefore essential, as is training healthcare employees to be more security aware.

Since so many healthcare data breaches occur as a result of phishing emails, healthcare organizations must implement robust defenses to prevent attacks. Further, email security is also an important element of HIPAA compliance. Fail to follow HIPAA Rules on email security and a financial penalty could follow a data breach.

Email Security is an Important Element of HIPAA Compliance

HIPAA Rules require healthcare organizations to implement safeguards to secure electronic protected health information to ensure the confidentiality, integrity, and availability of health data.

Email security is an important element of HIPAA compliance. With so many attacks on networks starting with phishing emails, it is essential for healthcare organizations to implement anti-phishing defenses to keep their networks secure.

The Department of Health and Human Services’ Office for Civil Rights has already issued fines to healthcare organizations that have experienced data breaches as a result of employees falling for phishing emails. UW medicine paid OCR $750,000 following a malware-related breach caused when an employee responded to a phishing email. Metro Community Provider Network settled a phishing-related case for $400,000.

One aspect of HIPAA compliance related to email is the risk assessment. The risk assessment should cover all systems, including email. Risk must be assessed and then managed and reduced to an appropriate and acceptable level.

Managing the risk of phishing involves the use of technology and training. All email should be routed through a secure email gateway, and it is essential for employees to receive training to raise awareness of the risk of phishing and the actions to take if a suspicious email is received.

How to Secure Email, Prevent and Identify Phishing Attacks

Email phishing scams today are sophisticated, well written, and highly convincing. It is often hard to differentiate a phishing email from a legitimate communication. However, there are some simple steps that all healthcare organizations can take to improve email security. Simply adopting the measures below can greatly reduce phishing risk and the likelihood of experiencing an email-related breach.

While uninstalling all email services is the only surefire way to prevent email phishing attacks, that is far from a practical solution. Email is essential for communicating with staff members, stakeholders, business associates, and even patients.

Since email is required, two steps that covered entities should take to improve email security are detailed below:

Implement a Third-Party AntiSpam Solution Into Your Email Infrastructure

Securing your email gateway is the single most important step to take to prevent phishing attacks on your organization. Many healthcare organizations will already have added an antispam solution to block spam emails from being delivered to end users’ inboxes, but what about cloud-based email services? Have you secured your Office 365 email gateway with a third-party solution?

You will already be protected by Microsoft’s spam filter, but when all it takes is for one malicious email to reach an inbox, you really need more robust defenses.  SpamTitan integrates perfectly with Office 365, offering an extra layer of security that blocks known malware and more than 99.9% of spam email.

Continuously Train Employees and they Will Become Security Assets

End users – the cause of countless data breaches and a constant thorn in the side of IT security staff. They are a weak link and can easily undo the best security defenses, but they can be turned into security assets and an impressive last line of defense. That is unlikely to happen with a single training session, or even a training session given once a year.

End user training is an important element of HIPAA compliance. While HIPAA Rules do not specify how often training should be provide, given the fact that phishing is the number one security threat, training should be a continuous process.

The Department of Health and Human Services’ Office for Civil Rights recently highlighted some email security training best practices in its July cybersecurity newsletter, suggesting “An organization’s training program should be an ongoing, evolving process and flexible enough to educate workforce members on new cybersecurity threats and how to respond to them.”

The frequency of training should be dictated by the level of risk faced by an organization. Many covered entities have opted for bi-annual training sessions for the workforce, with monthly newsletters and security updates provided via email, including information on the latest threats such as new phishing scams and social engineering techniques.

OCR also reminded HIPAA covered entities that not all employees respond to the same training methods. It is best to mix it up and use a variety of training tools, such as CBT training, classroom sessions, newsletters, posters, email alerts, team discussions, and phishing email simulation exercises.

Simple Steps to Verify Emails and Identify Phishing Scams

Healthcare employees can greatly reduce the risk of falling of a phishing scam by performing these checks. With practice, these become second nature.

  • Hovering the mouse over an email hyperlink to check the true domain. Any anchor text –hyperlinked text other than the actual URL – should be treated as suspicious until the true domain is identified. Also check that the destination URL starts with HTTPS.
  • Never reply directly to an email – Always click forward. It’s a little slower, but you will get to see the full email address of the person who sent the message. You can then check that domain name against the one used by the company.
  • Pay close attention to the email signature – Any legitimate email should contain contact information. This can be faked, or real contact information may be used in a spam email, but phishers often make mistakes in signatures that are easy to identify.
  • Never open an email attachment from an unknown sender – If you need to open the attachment, never click on any links in the document, or on any embedded objects, or click to enable content or run macros. Forward the email to your IT department if you are unsure and ask for verification.
  • Never make any bank transfers requested by email without verifying the legitimacy of the request.
  • Legitimate organizations will not ask for login credentials by email
  • If you are asked to take urgent action to secure your account, do not use any links contained in the email. Visit the official website by typing the URL directly into your browser. If you are not 100% of the URL, check on Google.

Ransomware Growth in 2017 Has Increased by 2,502%

Ransomware growth in 2017 has increased by 2,502% according to a new report released this week by Carbon Black. The firm has been monitoring sales of ransomware on the darknet, covering more than 6,300 known websites where malware and ransomware is sold, or hired as ransomware-as-a-service. More than 45,000 products have been tracked by the firm.

The file encrypting code has been embraced by the criminal fraternity as a quick and easy method of extorting money from companies. Ransomware growth in 2017 was fueled by the availability of kits that allow campaigns to be easily conducted.

Ransomware-as-a-service now includes the malicious code, admin consoles that allow the code to be tweaked to suit individual preferences, and instructions and guidelines for conducting campaigns. Now, no coding experience is necessary to conduct ransomware campaigns. It is therefore no surprise to see major ransomware growth in 2017, but the extent of that growth is jaw-dropping.

Ransomware sales now generate $6.2 million a year, having increased from $249,287 in 2016. The speed at which ransomware sales have grown has even surprised security experts. According to the report, the developers of a ransomware variant can make as much as $163,000 a year. Compare that to the amount they would make working for a company and it is not hard to see the attraction. That figure is more than double the average earnings for a legitimate software developer.

Ransomware can now be obtained via these darknet marketplaces for pocket change. The report indicates ransomware kits can be purchased for as little as 50 cents to $1 for screen lockers. Some custom ransomware variants, where the source code is supplied, sell for between $1,000 and $3,000, although the median amount for standard ransomware is $10.50. The developers of the code know full well that they can make a fortune on the back end by taking a cut of the ransomware profits generated by their affiliates.

Ransomware attacks are profitable, so there is no shortage of affiliates willing to conduct attacks. Carbon Black suggests 52% of firms are willing to pay to recover encrypted files. Many businesses would pay up to $50,000 to regain access to their files according to the report. A previous study conducted by IBM in 2016 showed that 70% of businesses attacked with ransomware have paid the ransom to recover their files, half of businesses paid more than $10,000 and 20% paid over $40,000.

Figures released by the FBI suggest ransomware revenues were in excess of $1 billion last year, up from $24 million in 2015. However, since many companies keep infections and details of ransomware payments quiet, it is probable that the losses are far higher.

Since the ransomware problem is unlikely to go away, what businesses must do is to improve their defenses against attacks – That means implementing technology and educating the workforce to prevent attacks, deploy software solutions to detect attacks promptly when they occur to limit the damage caused, and make sure that in the event of an attack, data can be recovered.

Since the primary attack vector for ransomware is email, companies should ensure they use an advanced spam filtering solution to prevent the malicious emails from being delivered to end users. SpamTitan block more than 99.9% of spam email, keeping inboxes ransomware free.

Employee education is critical to prevent risky behavior and ensure employees recognize and report potentially malicious emails. To ensure recovery is possible without paying the ransom, firms should ensure multiple backups are made. Those backups should be tested to make sure data can be recovered. Best practices for backing up data are to ensure three copies exist, stored on at least two different media, with one copy stored off site.

FormBook Malware Used in Targeted Attacks on Manufacturing and Aerospace Sectors

FormBook malware is being used in targeted attacks on the manufacturing and aerospace sectors according to researchers at FireEye, although attacks are not confined to these industries.

So far, the attacks appear to have been concentrated on organizations in the United States and South Korea, although it is highly likely that attacks will spread to other areas due to the low cost of this malware-as-a-service, the ease of using the malware, and its extensive functionality.

FormBook malware is being sold on underground forms and can be rented cheaply for as little as $29 a month. Executables can be generated using an online control panel, a process that requires next to no skill. This malware-as-a-service is therefore likely to be used by many cybercriminals.

FormBook malware is an information stealer that can log keystrokes, extract data from HTTP sessions and steal clipboard content. Via the connection to its C2 server, the malware can receive and run commands and can download files, including other malware variants. Malware variants discovered to have already been downloaded by FormBook include the NanoCore RAT.

FireEye researchers also point out that the malware can steal passwords and cookies, start and stop Windows processes, and force a reboot of an infected device.

FormBook malware is being spread via spam email campaigns using compressed file attachments (.zip, .rar), .iso and .ace files in South Korea, while the attacks in the United States have mostly involved .doc, .xls and .pdf files. Large scale spam campaigns have been conducted to spread the malware in both countries.

The U.S campaigns detected by FireEye used spam emails related to shipments sent via DHL and FedEx – a common choice for cybercriminals. The shipment labels, which the emails say must be printed in order to collect the packages, are in PDF form. Hidden in the document is a tny.im URL that directs victims to a staging server that downloads the malware. The campaigns using Office documents deliver the malware via malicious macros. The campaigns conducted in South Korea typically include the executables in the attachments.

While the manufacturing industry and aerospace/defense contractors are being targeted, attacks have been conducted on a wide range of industries, including education, services/consulting, energy and utility companies, and the financial services. All organizations, regardless of their sector, should be alert to this threat.

Organizations can protect against this new threat by adopting good cybersecurity best practices such as implementing a spam filtering solution to block malicious messages and stop files such as ISOs and ACE files from being delivered to end users. Organizations should also alert their employees to the threat of attack and provide training to help employees recognize this spam email campaign. Macros should also be disabled on all devices if they are not necessary for general work duties, and at the very least, should be set to be run manually.

2013 Yahoo Data Breach Involved 3 Billion Email Accounts

The 2013 Yahoo data breach was already the largest data breach in U.S. history, now it has been confirmed that it was even larger than first thought.

Verizon has now confirmed that rather than the breach impacting approximately 1 billion email accounts, the 2013 Yahoo data breach involved all of the company’s 3 billion email accounts.

Prior to the disclosure of the 2013 Yahoo data breach, a deal had been agreed with Yahoo to Verizon. The disclosure of a 1-billion record data breach and a previous breach impacting 500 accounts during the final stages of negotiations saw the sale price cut to $4.48 billion – A reduction of around $350 million or 7% of the sale price. It is unclear whether this discovery will prompt Verizon to seek a refund of some of that money.

Verizon reports that while Yahoo’s email business was being integrated into its new Oath service, new intelligence was obtained to suggest all of Yahoo’s 3 billion accounts had been compromised. Third party forensic experts made the discovery. That makes it the largest data breach ever reported by a considerable distance, eclipsing the 360 million record breach at MySpace discovered in 2016 and the 145 million record breach at E-Bay in 2015.

The data breach involved the theft of email addresses and user ID’s along with hashed passwords. No stored clear-text passwords are understood to have been obtained, and neither any financial information. However, since the method used to encrypt the data was outdated, and could potentially be cracked, it is possible that access to the email accounts was gained. Security questions and backup email addresses were also reportedly obtained by the attackers.

The scale of the cyberattack is astonishing, and so is the potential fallout. Already there have been more than 40 class action lawsuits filed by consumers, with the number certain to grow considerably since the announcement that the scale of the breach has tripled.

Verizon has said all of the additional breach victims have been notified by email, but that many of the additional accounts were opened and never used, or had only been used briefly. Even so, this is still the largest data breach ever reported.

The 2013 Yahoo data breach was investigated and has been linked to state-sponsored hackers, four of whom have been charged with the hack and data theft, including two former Russian intelligence officers.One of those individuals is now in custody in the Untied States.

It’s National Cyber Security Month: Time to Start Developing a Security Culture

Today is the start of the 14th National Cyber Security Month – A time when U.S. citizens are reminded of the importance of practicing good cyber hygiene, and awareness is raised about the threat from malware, phishing, and social engineering attacks.

The cybersecurity initiative was launched in 2004 by the National Cyber Security Alliance (NCSA) and the U.S. Department of Homeland Security (DHS) with the aim of creating resources for all Americans to help them stay safe online.

While protecting consumers has been the main focus of National Cyber Security Month since its creation, during the past 14 years the initiative has been expanded considerably. Now small and medium-sized businesses, corporations, and healthcare and educational institutions are assisted over the 31 days of October, with advice given to help develop policies, procedures, and implement technology to keep networks and data secure.

National Cyber Security Month Themes

2017 National Cyber Security Month focuses on a new theme each week, with resources provided to improve understanding of the main cybersecurity threats and explain the actions that can be taken to mitigate risk.

Week 1: Oct 2-6 – Simple Steps to Online Safety

It’s been 7 years since the STOP. THINK. CONNECT campaign was launched by the NCSA and the Anti-Phishing Workshop. As the name suggests, the campaign encourages users learn good cybersecurity habits – To assume that every email and website may be a scam, and to be cautions online and when opening emails. Week one will see more resources provided to help consumers learn cybersecurity best practices.

Week 2: Oct 9-13 – Cybersecurity in the Workplace

With awareness of cyber threats raised with consumers, the DHS and NCSA turn their attention to businesses. Employees may be the weakest link in the security chain, but that need not be the case. Education programs can be highly effective at improving resilience to cyberattacks. Week 2 will see businesses given help with their cyber education programs to develop a cybersecurity culture and address vulnerabilities. DHS/NCSA will also be promoting the NIST Cybersecurity Framework and explaining how its adoption can greatly improve organizations’ security posture.

Week 3: Oct 16-20 –Predictions for Tomorrow’s Internet

The proliferation of IoT devices has introduced many new risks. The aim of week three is to raise awareness of those risks – both for consumers and businesses – and to provide practical advice on taking advantage of the benefits of smart devices, while ensuring they are deployed in a secure and safe way.

Week 4: Oct 23-27 –Careers in Cybersecurity

There is a crisis looming – A severe lack of cybersecurity professionals and not enough students taking up cybersecurity as a profession. The aim of week 4 is to encourage students to consider taking up cybersecurity as a career, by providing resources for students and guidance for key influencers to help engage the younger generation and encourage them to pursue a career in cybersecurity.

Week 5: Oct 30-31 – Protecting Critical Infrastructure

As we have seen already this year, nation-state sponsored groups have been sabotaging critical infrastructure and cybercriminals have been targeting critical infrastructure to extort money. The last two days of October will see awareness raised of the need for cybersecurity to protect critical infrastructure, which will serve as an introduction to Critical Infrastructure Security and Resilience Month in November.

European Cyber Security Month

While National Cyber Security Month takes place in the United States, across the Atlantic, European Cyber Security Month is running in tandem. In Europe, similar themes will be covered with the aim of raising awareness of cyber threats and explaining the actions EU citizens and businesses can take to stay secure.

This year is the 5th anniversary of European Cyber Security Month – a collaboration between The European Union Agency for Network and Information Security (ENISA), the European Commission DG CONNECT and public and private sector partners.

As in the United States, each week of October has a different theme with new resources and reports released, and events and activities being conducted to educate the public and businesses on cybersecurity.

European Cyber Security Month Themes

This year, the program for European Cyber Security Month is as follows:

Week 1: Oct 2-6 – Cybersecurity in the Workplace

A week dedicated to helping businesses train their employees to be security assets and raise awareness of the risks from phishing, ransomware, and malware. Resources will be provided to help businesses teach their employees about good cyber hygiene.

Week 2: Oct 9-13 – Governance, Privacy & Data Protection

With the GDPR compliance date just around the corner, businesses will receive guidance on compliance with GDPR and the NIS Directive to help businesses get ready for May 2018.

Week 3: Oct 16-20 – Cybersecurity in the Home

As more IoT devices are being used in the home, the risk of cyberattacks has grown. The aim of week 3 is to raise awareness of the threats from IoT devices and to explain how to keep home networks secure. Awareness will also be raised about online fraud and scams targeting consumers.

Week 4: Oct 23-27 – Skills in Cyber Security

The aim in week 4 is to encourage the younger generation to gain the cyber skills they will need to embark upon a career in cybersecurity. Educational resources will be made available to help train the next generation of cybersecurity professionals.

Use October to Improve Your Cybersecurity Defenses and Train Your Workforce to Be Security Titans

This Cyber Security Month, why not take advantage of the additional resources available and use October to improve your cybersecurity awareness and train your employees to be more security conscious.

When the month is over, don’t shelve cybersecurity for another 12 months. The key to remaining secure and creating a security culture in the workplace is to continue training, assessments, and phishing tests throughout the year. October should be taken as a month to develop and implement training programs and to work toward creating a secure work environment and build a cybersecurity culture in your place of work.

Redboot Malware Encrypts Files and Replaces MFT

A new malware threat named RedBoot has been discovered that bears some similarities to NotPetya. Like NotPetya, RedBoot malware appears to be a form of ransomware, when in actual fact it is a wiper at least in its current form.

RedBoot malware is capable of encrypting files, rendering them inaccessible. Encrypted and given the .locked extension. Once the encryption process is completed, a ‘ransom’ note is shown to the user, providing an email address to use to find out how to unlock the encrypted files. Like NotPetya, RedBoot malware also makes changes to the master boot record.

RedBoot includes a module that overwrites the current master boot record and it also appears that changes are made to the partition table, but there is currently no mechanism for restoring those changes. There is also no command and control server and even though an email address is provided, no ransom demand appears to be issued. RedBoot is therefore a wiper, not ransomware.

According to Lawrence Abrams at BeepingComputer who has obtained a sample of the malware and performed an analysis, RedBoot is most likely a poorly designed ransomware variant in the early stages of development. Abrams said he has been contacted by the developer of the malware who claimed the version that was studied is a development version of the malware. He was told an updated version will be released in October. How that new version will be spread is unknown at this stage.

Even if it is the intention of the developer to use this malware to extort money from victims, at present the malware causes permanent damage. That may change, although this malware variant may remain a wiper and be used simply to sabotage computers.

It is peculiar that an incomplete version of the malware has been released and advance notice has been issued about a new version that is about to be released, but it does give businesses time to prepare.

The attack vector is not yet known, so it is not possible to give specific instructions on how to prevent RedBoot malware attacks. The protections that should be put in place are therefore the same as for blocking any malware variant.

A spam filtering solution should be implemented to block malicious emails, users should be alerted to the threat of phishing emails and should be training how to identify malicious emails and told never to open attachments or click on hyperlinks sent from unknown individuals.

IT teams should ensure all computers and servers are fully patched and that SMBv1 has been disabled or SMBv1 vulnerabilities have been addressed and antivirus software should be installed on all computers.

It is also essential to back up all systems to ensure that in the event of an attack, systems can be restored and data recovered.

Retefe Banking Trojan Upgraded with SMB Exploit

Ransomware developers have leveraged the EternalBlue exploit, now the criminals behind the Retefe banking Trojan have added the NSA exploit to their arsenal.

The EternalBlue exploit was released in April by the hacking group Shadow Brokers and was used in the global WannaCry ransomware attacks. The exploit was also used, along with other attack vectors, to deliver the NotPetya wiper and more recently, has been incorporated into the TrickBot banking Trojan.

The Retefe banking Trojan is distributed via malicious Microsoft Office documents sent via spam email. In order for the Trojan to be installed, the emails and the attachments must be opened and code must be run. The attackers typically use Office documents with embedded objects which run malicious PowerShell code if clicked. Macros have also been used in some campaigns to deliver the malicious payload.

Researchers at Proofpoint have now obtained a sample of the Retefe banking Trojan that includes the EternalBlue SMBv1 exploit. The EternalBlue module downloads a PowerShell script and an executable. The script runs the executable, which installs the Trojan.

The researchers noted the module used in the WannaCry attacks that allowed rapid propagation within networks – Pseb – was lacking in Retefe, although that may be added at a later date. It would appear that the criminals behind the campaign are just starting to experiment with EternalBlue.

Other banking Trojans such as Zeus have been used in widespread attacks, although so far attacks using the Retefe banking Trojan have largely been confined to a limited number of countries – Austria, Sweden, Switzerland, Japan, and the United Kingdom.

Businesses in these countries will be vulnerable to Retefe, although due to the number of malware variants that are now using EternalBlue, all businesses should ensure they mitigate the threat. Other malware variants will almost certainly be upgraded to include EternalBlue.

Mitigating the threat from EternalBlue (CVE-2017-0144) includes applying the MS17-010 patch and also blocking traffic associated with the threat through your IDS system and firewall. Even if systems have been patched, a scan for vulnerable systems should still be conducted to ensure no devices have been missed.

Since the Retefe Trojan is primarily being spread via spam email, a spam filter should be implemented to prevent malicious messages from reaching end users. By implementing SpamTitan, businesses can protect their networks against this and other malware threats delivered via spam email.

How to Stop SMBv1 Ransomware Attacks

While most ransomware attacks occur via phishing emails or exploit kits and require some user interaction, SMBv1 ransomware attacks occur remotely with no user interaction required.

These attacks exploit a vulnerability in Windows Server Message Block protocol (SMB), a communication protocol typically used for sharing printers and other network resources. SMB operates in the application layer and is typically used over TCP/IP Port 445 and 139.

A critical flaw in SMBv1 was identified and addressed by Microsoft in a March 14, 2017 security update – MS17-010. At the time, Microsoft warned that exploitation of the flaw could allow remote code execution on a vulnerable system.

An exploit for the flaw, termed EternalBlue, was reportedly used by the U.S. National Security Agency’s Equation Group for four years prior to the vulnerability being plugged. That exploit, along with several others, was obtained by a hacking group called Shadow Brokers. The EternalBlue exploit was disclosed publicly in April, after attempts to sell the exploit failed. Following its release, it was not long before malware developers incorporated the exploit and used it to remotely attack vulnerable systems.

The exploit was primarily used to attack older operating systems such as Windows 7 and Windows Server 2012, although other systems are also vulnerable, including Windows Server 2016. The security update addresses the flaw in all vulnerable systems. Microsoft also released a patch for the long-retired Windows XP.

The most widely reported SMBv1 ransomware attacks occurred in May and involved WannaCry ransomware. WannaCry exploited the SMBv1 vulnerability and used TCP Port 445 to propagate. These SMBv1 ransomware attacks were conducted around the globe, although fortunately a kill switch was found which was used to disable the ransomware and prevent file encryption.

While that spelled the end of WannaCry, the SMBv1 attacks continued. NotPetya – not a ransomware variant but a wiper – also used the EternalBlue exploit to attack systems, and with the code still publicly available, other malware developers have incorporated the exploit into their arsenal. Any business that has not yet applied the MS17-010 patch will still be vulnerable to SMBv1 ransomware attacks. Other malware developers are now using the exploit to deliver banking Trojans.

While most businesses have now applied the patch, there are some that are still running vulnerable operating systems. There is also a risk that even when patches have been applied, devices may have been missed.

All businesses should therefore make sure their systems have been patched, but should also perform a scan to ensure no devices have slipped through the net and remain vulnerable. All it takes is for one unpatched device to exist on a network for ransomware or malware to be installed.

There are several commercially available tools that can be used to scan for unpatched devices, including this free tool from ESET. It is also recommended to block traffic associated with EternalBlue through your IDS system or firewall.

If you still insist on using Windows XP, you can at least stop the SMB flaw from being exploited with this patch, although an upgrade to a supported OS is long overdue. The MS17-010 patch for all other systems can be found on this link.

CCleaner Hack Worse Than Previously Thought: Tech Firms Targeted

The CCleaner hack that saw a backdoor inserted into the CCleaner binary and distributed to at least 2.27 million users was far from the work of a rogue employee. The attack was much more sophisticated and bears the hallmarks of a nation state actor. The number of users infected with the first stage malware may have been be high, but they were not being targeted. The real targets were technology firms and the goal was industrial espionage.

Avast, which acquired Piriform – the developer of Cleaner – in the summer, announced earlier this month that the CCleaner v5.33.6162 build released on August 15 was used as a distribution vehicle for a backdoor. Avast’s analysis suggested this was a multi-stage malware, capable of installing a second-stage payload; however, Avast did not believe the second-stage payload ever executed.

Swift action was taken following the discovery of the CCleaner hack to take down the attacker’s server and a new malware-free version of CCleaner was released. Avast said in a blog post that simply updating to the new version of CCleaner – v5.35 – would be sufficient to remove the backdoor, and that while this appeared to be a multi-stage malware

Further analysis of the CCleaner hack has revealed that was not the case, at least for some users of CCleaner. The second stage malware did execute in some cases.

The second payload differed depending on the operating system of the compromised system. Avast said, “On Windows 7+, the binary is dumped to a file called “C:\Windows\system32\lTSMSISrv.dll” and automatic loading of the library is ensured by autorunning the NT service “SessionEnv” (the RDP service). On XP, the binary is saved as “C:\Windows\system32\spool\prtprocs\w32x86\localspl.dll” and the code uses the “Spooler” service to load.”

Avast determined the malware was an Advanced Persistent Threat that would only deliver the second-stage payload to specific users. Avast was able to determine that 20 machines spread across 8 organizations had the second stage malware delivered, although since logs were only collected for a little over 3 days, the actual total infected with the second stage was undoubtedly higher. Avast estimates the number of devices infected was likely “in the hundreds”.

Avast has since issued an update saying, “At the time the server was taken down, the attack was targeting select large technology and telecommunication companies in Japan, Taiwan, UK, Germany.”

The majority of devices infected with the first backdoor were consumers, since CCleaner is a consumer-oriented product; however, consumers are believed to be of no interest to the attackers and that the CCleaner hack was a watering hole attack. The aim was to gain access to computers used by employees of tech firms. Some of the firms targeted in this CCleaner hack include Google, Microsoft, Samsung, Sony, Intel, HTC, Linksys, D-Link, and Cisco.

The second stage of the attack delivered keylogging and data collection malware. Kaspersky and FireEye researchers have connected the attack to the hacking group APT 17, noting similarities in the infrastructure with the nation state actor. It was APT 17 that was behind the Operation Aurora attack which similarly targeted tech companies in 2009. Cisco Talos researchers noted that one of the configuration files was set to a Chinese time zone, further suggesting this was the work of a nation-state hacking group based in China.

While Avast previously said upgrading to the latest version would be sufficient to remove the backdoor, it would not remove the second-stage malware. Data could still be exfiltrated to the attackers C2 server, which was still active. Avast is currently working with the targeted companies and is providing assistance.

Cisco Talos criticized Avast’s stance on the attack, explaining in a recent blog post, “it’s imperative to take these attacks seriously and not to downplay their severity,” also suggesting users should “restore from backups or reimage systems to ensure that they completely remove not only the backdoored version of CCleaner but also any other malware that may be resident on the system.”

Locky and FakeGlobe Ransomware Used in Double Ransomware Campaign

A new spam email ransomware campaign has been launched that has potential to infect users twice, with both Locky and FakeGlobe ransomware.

The campaign, which was launched earlier this month, sees the attackers alternate the payload between Locky and FakeGlobe ransomware. The researchers that discovered the campaign suggest the payload alternates each hour.

This method of distribution cpould result in victims being infected twice, first having their files encrypted by Locky ransomware, and then re-encrypted by FakeGlobe ransomware or vice versa. In such cases, two ransom payments would have to be paid if files could not be recovered from backups.

While the use of two malware variants for spam email campaigns is not new, it is much more typical for different forms of malware to be used, such as pairing a keylogger with ransomware. In such cases, if the ransom is paid to unlock data, the keylogger would likely remain and allow data to be stolen for use in further attacks.

As with previous attacks involving Locky, this double ransomware campaign involves fake invoices – one of the most effective ways of getting business users to open infected email attachments. In this campaign, the attachment claims to be the latest invoice which takes the form of a zip file. Opening that zip file and clicking to open the extracted file launches a script that downloads the malicious payload.

The emails also contain a hyperlink with the text “View Your Bill Online,” which will download a PDF file containing the same script as the attachment, although it connects to different URLs.

This campaign is widespread, being distributed in more than 70 countries with the large-scale spam campaign involving hundreds of thousands of messages.

Infections with Locky and FakeGlobe ransomware see a wide range of file types encrypted and there is no free decryptor to unlock the infections. Victims must either restore their files from backups or pay the ransom to recover their data.

If businesses are targeted, they can easily see multiple users fall for the campaigns, requiring multiple computers to be decrypted. However, since ransomware can spread across networks, all it takes is for one user to be fooled into downloading the ransomware for entire systems to be taken out of action. If data cannot be recovered from backups, multiple ransom payments will need to be made.

Good backup policies will help protect businesses against file loss and prevent them from having to pay ransoms; although, even if backups exist, organizations can experience considerable downtime while the malware is removed, files are restored, and networks are analyzed for other malware infections and backdoors.

Spam email remains the vector of choice for distributing ransomware. Organizations can reduce the risk of ransomware attacks by implementing an advanced spam filter such as SpamTitan. SpamTitan blocks more than 99.9% of spam emails, preventing malicious emails from reaching end users’ inboxes.

While most organizations are now using spam filtering software to prevent attacks, a recent study conducted by PhishMe suggests 15% of businesses are still not using email gateway filtering, leaving them at a high risk of ransomware attacks. Given the volume of phishing and ransomware emails now being sent, email filtering solutions are a necessity.

CCleaner Malware Inclusion Potentially Impacts More Than 2 Million Users

CCleaner malware infections continued for a month before the compromised binary was detected and the backdoor was removed.

Avast, which acquired Piriform over the summer, announced that between August 15 and September 15, a rogue version of the application was available on its server and was being downloaded by users. During that time, around 3% of users of the PC cleaning application had been infected according to Piriform.

Cisco Talos, which independently discovered the build of CCleaner had malware included, reported around 5 million users download the program each week, potentially meaning up to 20 million users may have been affected. However, Piriform suggests around 2.27 users had downloaded and installed the backdoor along with the legitimate application. On Monday this week, around 730,000 users had not yet updated to the latest, clean version of the program.

Any individual that downloaded the application on a 32-bit system between August 15 and September 15 was infected with the CCleaner malware, which was capable of gathering information about the users’ system. The malware in question was the Floxif Trojan, which had been incorporated into the build before Avast acquired Piriform.

The CCleaner malware collected details of users’ IP addresses, computer names, details of software installed on their systems and the MAC addresses of network adaptors, which were exfiltrated to the attackers C2 server. The CCleaner malware laced application was only part of the story. Avast says the attack involved a second stage payload, although it would appear the additional malware never executed.

The versions of the software affected were v5.33.6162 and CCleaner Cloud v1.07.3191. The malware reportedly did not execute on 64-bit systems and the Android app was unaffected. The malware was detected on September 13, 2017, although an announcement was not initially made as Avast and Piriform were working with law enforcement and did not want to alert the attackers that the malware had been detected.

The individuals behind the attack used a valid digital signature that was issued to Piriform by Symantec along with a Domain Generation Algorithm to ensure that new domains could be generated to receive exfiltrated data from compromised systems in the event that the main domain was taken down.

Now that the malware has been removed, users can simply download version 5.34 of the application which will remove the backdoor. Users of the Cloud version need do nothing, as the application has been updated to a clean version automatically. While simply updating the software should resolve all issues, users are advised to perform a full virus scan to make sure no additional malware has been introduced onto their system.

At present, it is unclear who was responsible for this supply chain attack or how the Floxif Trojan was introduced. It is possible that external hackers gained access to the development or build environment or that the Trojan was introduced from within.

Attacks such as this have potential to infect many millions of users since downloads from the developers of an application are trusted. In this case, the malware was included in the binary which was hosted on Piriform’s server – not on a third-party site.

A similar supply chain attack saw a software update for the Ukrainian accounting application MeDoc compromised. That attack resulted in the download of the NotPetya wiper, which caused billions of dollars of losses for companies.

Poor Patch Management Policies to Blame for Equifax Data Breach

It has been confirmed that poor patch management policies opened the door for hackers and allowed them to gain access to the consumer data stored by the credit monitoring bureau Equifax.  The massive Equifax data breach announced earlier this month saw the personal information – including Social Security numbers – of almost half the population of the United States exposed/stolen by hackers.

Poor Patch Management Policies to Blame for Yet Another Major Cyberattack

The vulnerability may have been different to that exploited in the WannaCry ransomware attacks in May, but it was a similar scenario. In the case of WannaCry, a Microsoft Server Message Block vulnerability was exploited, allowing hackers to install WannaCry ransomware.

The vulnerability, tracked as CVE-2017-010, was corrected in March 2017 and a patch was issued to prevent the flaw from being exploited. Two months later, the WannaCry ransomware attacks affected organizations around the world that had not yet applied the patch.

Few details about the Equifax data breach were initially released, with the firm only announcing that access to consumer data was gained via a website application vulnerability. Equifax has now confirmed that access to data was gained by exploiting a vulnerability in Apache Struts, specifically, the Apache Struts vulnerability tracked as CVE-2017-5638.

As with WannaCry, a patch had been released two months before the attack took place. Hackers took advantage of poor patch management policies and exploited the vulnerability to gain access to consumer information.

The Exploited Apache Struts Vulnerability

Apache Struts is used by many Fortune 100 firms and is popular with banks, airlines, governments, and e-commerce stores. Apache Struts is an open-source, MVC framework that allows organizations to create front and back-end Java web applications, such as applications on the public website of Equifax.

The CVE-2017-5638 Apache Struts vulnerability is well known. Details of the vulnerability were published in March 2017 and a patch was issued to correct the flaw. The flaw is relatively easy to exploit, and within three days of the patch being issued, hackers started to exploit the vulnerability and attack web applications that had not been patched.

The remote code execution vulnerability allows an attacker to execute arbitrary code in the context of the affected application. While many organizations acted quickly, for some, applying the patch was not straightforward. The process of upgrading and fixing the flaw can be a difficult and labor-intensive task. Some websites have hundreds of apps that all need to be updated and tested. While it is currently unclear if Equifax was in the process of upgrading the software, two months after the patch had been released, Equifax had still not updated its software. In mid-May, the flaw was exploited by hackers and access was gained to consumer data.

Poor Patch Management Policies Will Lead to Data Breaches

All software contains vulnerabilities that can be exploited. It is just a case of those vulnerabilities being found. Already this year, there have been several vulnerabilities discovered in Apache Struts of varying severity. As soon as new vulnerabilities are discovered, patches are developed to correct the flaws. It is up to organizations to ensure patches are applied promptly to keep their systems and data secure. Had the patch been applied promptly, the breach could have been prevented.

Even though a widely exploited vulnerability was known to exist, Equifax was not only slow to correct the flaw but also failed to detect that a breach had occurred for several weeks. In this case, it would appear that the attackers were throttling down on data exfiltration to avoid detection, although questions will certainly be asked about why it took so long for the Equifax cyberattack to be discovered.

Since zero-day vulnerabilities are often exploited before software developers become aware of flaws and develop patches, organizations – especially those of the size of Equifax – should be using intrusion detection solutions to monitor for abnormal application activity. This will help to ensure any zero-day exploits are rapidly identified and action is taken to limit the severity of any breach.

What Will the Cost of the Equifax Data Breach Be?

The cost of the Equifax data breach will be considerable. State attorneys general are lining up to take action against the credit monitoring bureau for failing prevent the breach. 40 attorneys general have already launched and Massachusetts attorney general Maura Healey has announced the state will be suing Equifax for breaching state laws.

Healey said, the Equifax data breach was “the most egregious data breach we have ever seen. It is as bad as it gets.” New York Attorney General Eric Schneiderman has also spoken out about the breach promising an in-depth investigation to determine whether state laws have been violated. If they have, action will certainly be taken.

U.S. consumers are also extremely angry that their highly sensitive information has been breached, especially since they did not provide their data to Equifax directly. Class-action lawsuits are certain to be launched to recover damages.

As if the breach itself is not bad enough, questions have been raised about the possibility of insider trading. Three Equifax executives allegedly sold $2 million in stock just days after the breach was discovered and before it had been made public.

The final cost of the Equifax data breach will not be known for years to come, although already the firm has lost 35% of its stock value – wiping out around $6 billion. Multiple lawsuits will be filed, there are likely to be heavy fines. The cost of the Equifax breach is therefore certain to be of the order of hundreds of millions. Some experts have suggested a figure of at least 300 million is likely, and possibly considerably more.

Its Time to Increase Office 365 Email Security and Improve Resilience Against Cyberattacks

Cyberattacks on Office 365 users are increasing and Office 365 email security controls are not preventing account compromises at many businesses. If you want to block phishing and malware attacks and prevent costly data breaches, there is no better time than the present to improve Office 365 email security.

Microsoft Office 365 – An Attractive Target for Cybercriminals

Microsoft’s figures suggest there are now more than 70 million active users of Office 365 making it the most widely adopted enterprise cloud service by some distance. 78% of IT decision makers say they have already signed up to Office 365 or plan to do so in 2017 and Microsoft says it is now signing up a further 50,000 small businesses to Office 365 every month. 70% of Fortune 500 companies are already using Office 365 and the number of enterprises transitioning to Office 365 is likely to significantly increase.

Office 365 offers many advantages for businesses but as the number of users grows, the platform becomes and even bigger target for hackers. Hackers are actively seeking flaws in Office 365 and users of the service are increasingly coming under attack. The more users an operating system or service has, the more likely hackers are to concentrate their resources on developing new methods to attack that system.

Cyberattacks on Office 365 are Soaring

Microsoft is well aware of the problem. Its figures show that malware attacks on Office 365 users increased by a staggering 600% last year and a recent survey conducted by Skyhigh Networks showed 71.4% of Office 365 business users have to deal with at least one compromised email account every month. Surveys often overestimate security problems due to having a limited sample size. That is unlikely to be the case here. The survey was conducted on 27 million users of Office 365 and 600 enterprises.

The majority of new malware targets Windows systems simply because there are substantially more users of Windows than Macs. As Apple increases its market share, it becomes more profitable to develop malware to attack MacOS. Consequently, MacOS malware is becoming more common. The same is true for Office 365. More users means successful attacks are much more profitable. If a flaw is found and a new attack method developed, it can be used on millions of users, making searching for flaws and developing exploits well worth the time and effort.

Phishers and hackers are also studying how the security functions of O365 work and are searching for flaws and developing exploits to take advantage. For a few dollars a month, hackers can sign up for accounts to study Office 365. Hackers are also taking advantage of poor password choices to gain access to other users’ accounts to trial their phishing campaigns to ensure they bypass Office 365 email security controls.

Office 365 Email Security Controls are Often Lacking

Given the resources available to Microsoft and its frequent updates you would expect the Office 355 email security to be pretty good. While Office 365 email security is not terrible, for standard users it is not great. Standard subscriptions include scant security features. To get enhanced security, the enterprise subscription must be purchased or extra email security add-ons must be purchased separately at a not insignificant cost.

Pay for the enterprise subscription and you will get a host of extra security features provided through the Advanced Threat Protection (ATP) security package. This includes message sandboxing, phishing protection, URL tracking and reporting, and link reputation checking. Even when Advanced Threat Protection is used, getting the settings right to maximize protection is not always straightforward.

APT will certainly improve email security, but it is worth bearing in mind that hackers can also sign up for those features and have access to the sandbox. That makes it easier for them to develop campaigns that bypass Office 365 security protections.

The Cost of Mitigating an Cybersecurity Incident is Considerable

The cost of mitigating a cyberattack can be considerable, and certainly substantially more than the cost of prevention. The Ponemon Institute/IBM Security 2017 Cost of a Data Breach study shows the average cost of mitigating a cyberattack is $3.62 million.

The recent NotPetya and WannaCry attacks also highlighted the high cost of breach mitigation. The NotPetya attack on Maersk, for example, has been estimated to cost the company up to $300 million, the vast majority of which could have been saved if the patches released by Microsoft in March had been applied promptly.

These large companies can absorb the cost of mitigating cyberattacks to a certain extent, although smaller businesses simply do not have the funds. It is no therefore no surprise that 60% of SMBs end up permanently closing their doors within 6 months of experiencing a cyberattack. Even cash-strapped businesses should be able to afford to improve security to prevent email-based attacks – The most common vector used by cybercriminals to gain access to systems and data.

Increase Office Email 365 Security with a Specialist Email Security Solution

No system can be made totally impervious to hackers and remain usable, but it is possible to improve Office 365 email security and reduce the potential for attacks to an minimal level. To do that, many enterprises are turning to third-party solution providers – specialists in email security – to increase Office 365 email security instead of paying extra for the protection offered by APT.

According to figures from Gartner, an estimated 40% of Microsoft Office 365 deployments will incorporate third-party tools by the end of 2018 with the figure predicted to rise to half of all deployments by 2020.

One of the best ways of improving Office 365 email security is to use an advanced, comprehensive email spam filtering solution developed by a specialist in email security, TitanHQ.

TitanHQ’s SpamTitan offers excellent protection against email-based attacks. The solution has also been developed to perfectly compliment Office 365 to block more attacks and keep inboxes spam and malware free. SpamTitan filters out more than 99.9% of spam and malicious emails giving businesses the extra level of protection they need. Furthermore, it is also one of the most cost-effective enterprise email security solutions for Office 365 on the market.

To find out more about SpamTitan and how it can improve Microsoft Office 365 email security at your business, contact TitanHQ today.

MSPs Can Profit from Providing Additional Office 365 Email Security

The days when MSPs could offer email box services to clients and make big bucks are sadly gone. MSPs can sell Office 365 subscriptions to their clients, but the margins are small and there is little money to be made. However, there are good opportunities for selling support services for MS products and also for providing enhanced email security for Office 365 users.

SpamTitan can be sold as an add-on service to enhance security for clients subscribing to Office 365, and since the solution is easy to implement and has a very low management overhead, it allows MSPs to easily boost monthly revenues.

SpamTitan can also be provided in white label form; ready to accept MSPs branding and the solution can even be hosted within an MSPs infrastructure. On top of that, there are generous margins for MSPs.

With SpamTitan it is easy for MSPs to provide valued added service, enhance Office 365 email services, and improve Microsoft Office 365 email security for all customers.

To find out more about how you can partner with SpamTitan and improve Office 365 email security for your customers, contact the MSP Sales team at TitanHQ today.

Bashware Allows Malware to be Run on Windows 10 Undetected

A new attack method – termed Bashware – could allow attackers to install malware on Windows 10 computers without being detected by security software, according to research conducted by Check Point.

The Windows Subsystem for Linux (WSL) was introduced to make it easier for developers to run Linux tools on Windows without having to resort to virtualization; however, the decision to add this feature could open the door to cybercriminals and allow them to install and run malware undetected.

Checkpoint researchers have conducted tests on Bashware attacks against leading antivirus and antimalware security solutions and in all cases, the attacks went undetected. Check Point says no current antivirus or security solutions are capable of detecting Bashware attacks as they have not been configured to search for these threats. Unless cybersecurity solutions are updated to search for the processes of Linux executables on Windows systems, attacks will not be detected.

Microsoft says the Bashware technique has been reviewed and has been determined to be of low risk, since WSL is not turned on by default and several steps would need to be taken before the attack is possible.

For an attack to take place, administrator privileges would need to be gained. As has been demonstrated on numerous occasions, those credentials could easily be gained by conducting phishing or social engineering attacks.

The computer must also have WSL turned on. By default, WSL is turned off, so the attacks would either be limited to computers with WSL turned on or users would have to turn on WSL manually, switching to development mode and rebooting their device. The potential for Bashware attacks to succeed is therefore somewhat limited.

That said, Check Point researchers explained that WSL mode can be switched on by changing a few registry keys. The Bashware attack method automates this process and will install all the necessary components, turn on WSL mode and could even be used to download and extract the Linux file system from Microsoft.

It is also not necessary for Linux malware to be written for use in these attacks. The Bashware technique installs a program called Wine that allows Windows malware to be launched and run undetected.

WSL is now a fully supported feature of Windows. Check Point says around 400 million computers are running Windows 10 are currently exposed to Bashware attacks.

Researchers Gal Elbaz and Dvir Atias at Check Point said in a recent blog post, “Bashware is so alarming because it shows how easy it is to take advantage of the WSL mechanism to allow any malware to bypass security products.”

Check Point has already updated its solutions to detect these types of attacks, and Kaspersky Lab is making changes to its solutions to prevent these types of attacks. Symantec said its solutions already check for malware created using WSL.

Patch Released to Fix Actively Exploited Microsoft .Net Framework Flaw

Microsoft has corrected 27 critical vulnerabilities this Patch Tuesday, including a Microsoft .Net Framework flaw that is being actively exploited to install Finspy surveillance software on devices running Windows 10.

Microsoft .Net Framework Flaw Exploited by ‘Multiple’ Actors

Finspy is legitimate software developed by the UK-based Gamma Group, which is used by governments around the world for cyber-surveillance. The software has been installed in at least two attacks in the past few months according to FireEye researchers, the latest attack leveraged the Microsoft .Net Framework flaw.

The attack starts with a spam email containing a malicious RTF document. The document uses the CVE-2017-8759 vulnerability to inject arbitrary code, which downloads and executes a VB script containing PowerShell commands, which in turn downloads the malicious payload, which includes Finspy.

FireEye suggests at least one attack was conducted by a nation-state against a Russian target; however, FireEye researchers also believe other actors may also be leveraging the vulnerability to conduct attacks.

According to a blog post on Tuesday, the Microsoft .Net Framework flaw has been detected and neutralized. Microsoft strongly recommends installing the latest update promptly to reduce exposure. Microsoft says the flaw could allow a malicious actor to take full control of an affected system.

BlueBorne Bluetooth Bug Fixed

Several Bluetooth vulnerabilities were discovered and disclosed on Tuesday by security firm Aramis. The vulnerabilities affect billions of Bluetooth-enabled devices around the world. The eight vulnerabilities, termed BlueBorne, could be used to perform man-in-the-middle attacks on devices via Bluetooth, rerouting traffic to the attacker’s computer. The bugs exist in Windows, iOS, Android and Linux.

In order to exploit the vulnerabilities, Bluetooth would need to be enabled on the targeted device, although it would not be necessary for the device to be in discoverable mode. An attacker could use the vulnerabilities to connect to a device – a TV or speaker for example – and initiate a connection to a computer without the user’s knowledge. In order to pull off the attack, it would be necessary to be in relatively close proximity to the targeted device.

In addition to intercepting communications, an attacker could also take full control of a device and steal data, download ransomware or malware, or perform other malicious activities such as adding the device to a botnet. Microsoft corrected one of the Bluetooth driver spoofing bugs – CVE-2017-8628 – in the latest round of updates.

Critical NetBIOS Remote Code Execution Vulnerability Patched

One of the most pressing updates is for a remote code execution vulnerability in NetBIOS (CVE-2017-0161). The vulnerability affects both servers and workstations. While the vulnerability is not believed to be currently exploited in the wild, it is of note as it can be exploited simply by sending specially crafted NetBT Session Service packets.

The Zero Day Initiative (ZDI) said the flaw “is practically wormable within a LAN. This could also impact multiple virtual clients if the guest OSes all connect to the same (virtual) LAN.”

In total, 81 updates have been released by Microsoft this Patch Tuesday. Adobe has corrected eight flaws, including two critical memory corruption bugs (CVE-2017-11281, CVE-2017-11282) in Flash Player, a critical XML parsing vulnerability in ColdFusion (CVE-2017-11286) and two ColdFusion remote code execution vulnerabilities (CVE-2017-11283, CVE-2017-11284) concerning deserialization of untrusted data.

UNITEDRAKE Malware Released by Shadow Brokers

Shadow Brokers are offering a new National Security Agency (NSA) hacking tool – UNITEDRAKE malware – making good on their promise to issue monthly releases of NSA exploits. The latest malware variant is one of several that were allegedly stolen from the NSA last year.

Shadow Brokers previously released the ETERNALBLUE exploit which was used in the WannaCry ransomware attacks in May that affected thousands of businesses around the world. There is no reason to suggest that this new hacking tool is not exactly what they claim.

UNITEDRAKE malware is a modular remote access and control tool that can capture microphone and webcam output, log keystrokes, and gain access to external drives. Shadow Brokers claim UNITEDRAKE malware is a ‘fully extensive remote collection system’ that includes a variety of plugins offering a range of functions that allow malicious actors to perform surveillance and gather information for use in further cyberattacks. UNITEDRAKE malware gives attackers the ability to take full control of an infected device.

Plugins include CAPTIVATEDAUDIENCE, which records conversations via an infected computer’s microphone, GUMFISH gives the attackers control of the webcam and allows them to record video and take images. FOGGYBOTTOM steals data such as login credentials, browsing histories and passwords, SALVAGERABBIT can access data on external drives such as flash drives and portable hard drives when they are connected, and GROK is a keylogger plugin. The malware is also able to self-destruct when its tasks have been performed.

The malware works on older Windows versions including Windows XP, Vista, Windows 7 and 8 and Windows Server 2012.

According to documents released by Edward Snowden in 2014, the malware has been used by the NSA to infect millions of computers around the world. The malware will soon be in the hands of any cybercriminal willing to pay the asking price of 500 Zcash – around $124,000. Shadow Brokers have released a manual for the malware explaining how it works and its various functions.

TrendMicro said in a recent blog post there is currently no way of blocking or stopping the malware. When attacks occur, they will be analyzed by security researchers looking for clues as to how the malware works. That should ultimately lead to the development of tools to block attacks.

In the meantime, organizations need to improve their security posture by ensuring all systems are patched and operating systems are upgraded to the latest versions. An incident response plan should also be developed to ensure it can be implemented promptly in the event of an attack.

A further NSA exploit is expected to be released later this month, with the monthly dumps scheduled for at least the next two months.

Dropbox Phishing Attacks Used to Download Locky Ransomware

Dropbox phishing attacks are relatively common and frequently fool employees into revealing their sensitive information or downloading malware.

Dropbox is a popular platform for sharing files and employees are used to receiving links advising them that files have been shared with them by their colleagues and contacts and phishers are taking advantage of familiarity with the platform.

There are two main types of Dropbox phishing attacks. One involves sending a link that asks users to verify their email address. Clicking the link directs them to a spoofed Dropbox website that closely resembles the official website. They are then asked to enter in their login credentials as part of the confirmation process.

Dropbox phishing attacks are also used to deliver malware such as banking Trojans and ransomware. A link is sent to users relating to a shared file. Instead of accessing a document, clicking the link will result in malware being downloaded.

Over the past few days, there has been a massive campaign using both of these attack methods involving millions of spam email messages. Last week, more than 23 million messages were sent in a single day.

Most of the emails were distributing Locky ransomware, with a smaller percentage used to spread Shade ransomware. There is no free decryptor available to unlock files encrypted by Locky and Shade ransomware. If files cannot be recovered from backups, victioms will have to dig deep.

Due to the rise in value of Bitcoin of late the cost of recovery is considerable. The malicious actors behind these attacks are demanding 0.5 Bitcoin per infected device – Around $2,400. For a business with multiple devices infected, recovery will cost tens if not hundreds of thousands of dollars.

According to F-Secure, the majority of malware-related spam messages detected recently – 90% – are being used to distribute Locky. Other security researchers have issued similar reports of a surge in Locky infections and spam email campaigns.

To prevent Locky ransomware attacks, businesses should install an advanced spam filtering solution to prevent malicious emails from being delivered to end users’ inboxes. Occasional emails are likely to make it past spam filtering defenses so it is important that all users receive security awareness training to help them identify malicious emails.

A web filter can be highly effective at blocking attempts to visit malicious websites where malware is downloaded, while up to date antivirus and anti-malware solutions can detect and quarantine malicious files before they are opened.

Backups should also be made of all data and systems and those backups should be stored on an air-gapped device. Ransomware variants such as Locky can delete Windows Shadow Volume Copies and if a backup device remains connected, it is probable that backup files will also be encrypted.

Best practices for backing up data involve three backup files being created, on two different media, with one copy stored offsite and offline. Backups should also be tested to make sure files can be recovered in the event of disaster.

The increase in ransomware attacks has prompted the National Institute of Standards and Technology (NIST) to develop new guidance (NIST SPECIAL PUBLICATION 1800-11on recovering from ransomware attacks and other disasters. The draft guidance can be downloaded on this link.

Defray Ransomware Used in Targeted Attacks on Healthcare and Education Sectors

Defray ransomware is being used in targeted attacks on organizations in the healthcare and education sectors. The new ransomware variant is being distributed via email; however, in contrast to many ransomware campaigns, the emails are not being sent out in the millions. Rather than use the spray and pay method of distribution, small campaigns are being conducted consisting of just a few emails.

To increase the likelihood of infection, the criminals behind Defray ransomware are carefully crafting messages to appeal to specific victims in an organization. Researchers at Proofpoint have captured emails from two small campaigns, one of which incorporates hospital logos in the emails and claims to have been sent by the Director of Information Management & Technology at the targeted hospital.

The emails contain an Microsoft Word attachment that appears to be a report for patients, relatives and carers. The patient report includes an embedded OLE packager shell object. If clicked, this executable downloads and installs Defray ransomware, naming it after a legitimate Windows file.

The ransom demand is considerable. Victims are asked to pay $5,000 per infected machine for the keys to unlock the encryption, although the ransom note does suggest the attackers are prepared to negotiate on price. The attackers suggest victims should backup their files to avoid having to pay ransoms in the future.

There is no known decryptor for defray ransomware. Files are encrypted using AES-256 with RAS-2048 used to encrypt the AES-256 encrypted password while SHA-2 is used to maintain file integrity. In addition to encrypting files, the ransomware variant can cause other disruption and will delete volume shadow copies to prevent the restoration of files without paying the ransom.

The developers of the ransomware have not given their malicious code a name and in contrast to most ransomware variants, the extensions of encrypted files are not changed. Proofpoint named the variant Defray ransomware from the C2 server used by the attackers.

A second campaign has been identified targeting the manufacturing and technology sector. In this case, the email appears to have been sent by a UK aquarium (Sea Life) with facilities around the world. The emails and attachments differ, although the same OLE packager shell object is used to infect end users.

The attackers have been sending these malicious emails to individuals, user groups and distribution lists. Attacks have occurred in both the United States and United Kingdom and are likely to continue.

Protecting against these targeted attacks requires a combination of spam filtering technology and end user training. Organizations in the healthcare, education, technology and manufacturing sectors should consider sending an email alert to end users warning of the risk of ransomware attacks, instructing end users to exercise caution and not to open email attachments from unknown senders and never to click to enable content on email attachments.

Biggest Cybersecurity Threat? Employees, Say 100% of Survey Respondents!

What is biggest cybersecurity threat currently faced by organizations? According to a recent survey of government IT professionals, the biggest cybersecurity threat is employees. 100% of respondents to the survey said employees were the biggest cybersecurity threat faced by their organziation.

The survey, conducted by Netwrix, explored IT security and compliance risks at a wide range of organizations around the globe, including government agencies.

Government agencies are an attractive target for cybercriminals. They store vast quantities of sensitive data on consumers and cybersecurity protections are often inferior to private sector organizations. Consequently, cyberattacks are easier to pull off. In addition to a treasure trove of consumer data, government agencies hold highly sensitive information critical to national security. With access to that information, hackers can take out critical infrastructure.

There are plenty of hackers attempting to gain access to government networks and oftentimes attacks are successful. The Office of Personnel Management breach in 2015 resulted in the Social Security numbers of 21.5 million individuals being compromised. In 2015, there was also a 6.2 million record breach at the Georgia Secretary of State Office and 191 million individuals were affected by a hack of the U.S. voter database.

The survey revealed 72% of government entities around the world had experienced at least one data breach in 2016 and only 14% of respondents felt their department was well protected against cyberattacks.

Employees Are the Biggest Cybersecurity Threat

Last year, 57% of data breaches at government entities were caused by insider error, while 43% of respondents from government agencies said they had investigated instances of insider misuse. Given the high percentage of security incidents caused by insiders – deliberate and accidental – it is no surprise that insiders are perceived to be the biggest cybersecurity threat.

How Can Employees be Turned from Liabilities into Security Titans?

Employees may be widely regarded as liabilities when it comes to information security, but that need not be the case. With training, employees can be turned into security titans. For that to happen, a onetime security awareness training program is not going to cut it. Creating a security culture requires considerable effort, resources and investment.

Security awareness training needs to be a continuous process with training sessions for employees scheduled at least twice a year, with monthly updates and weekly security bulletins distributed to highlight the latest threats. Training must also be backed up with testing – both to determine how effective training has been and to provide employees with the opportunity to test their skills. Phishing simulations are highly effective in this regard. If an employee fails a simulation it can be turned into a training opportunity. Studies by security training companies have shown susceptibility to phishing attacks can be reduced by more than 90% with effective training and phishing simulation exercises.

However, fail to invest in an effective security awareness program and employees will remain the biggest cybersecurity threat and will continue to cause costly data breaches.

How to Reduce Exposure to Phishing and Malware Threats

With the workforce trained to respond correctly to phishing emails, employees can be turned into a formidable last line of defense. The defensive line should be tested with simulated phishing emails, but technological solutions should be introduced to prevent real phishing emails from being delivered to end users’ inboxes.

The majority of malware and ransomware attacks start with a phishing email, so it is essential that these malicious messages are filtered out. An advanced spam filtering solution should therefore be at the heart of an organization’s email defenses.

SpamTitan is a highly effective enterprise-class spam filtering solution that blocks malicious messages and more than 99.9% of spam email, helping organizations to mount an impressive defense against email-based attacks. Dual anti-virus engines are used to identity and block malware and ransomware, with each email subjected to deep analysis using Sender Policy Framework (SPF), SURBL’s, RBL’s and Bayesian analysis to block threats.

If you want to improve your defenses against phishing and email-based malware attacks, SpamTitan should be at the heart of your email defenses. To find out more about SpamTitan and how it can prevent your employees having their phishing email identification skills frequently put to the test, contact the TitanHQ team today.

Retail Industry Data Breaches Double in a Year

The retail industry is under attack with cybercriminals increasing their efforts to gain access to PoS systems. Retail industry data breaches are now being reported twice as frequently as last year, according to a recent report from UK law firm RPC.

Retailers are an attractive target. They process many thousands of credit card transactions each week and store huge volumes of personal information of consumers. If cybercriminals can gain access to Point of Sale systems, they can siphon off credit and debit card information and stolen consumer data can be used for a multitude of nefarious purposes.

Many retailers lack robust cybersecurity defenses and run complex systems on aging platforms, making attacks relatively easy.

While cyberattacks are common, the increase in data breaches does not necessarily mean hacks are on the rise. RPC points out that there are many possible causes of data breaches, including theft of data by insiders. Retailers need to improve they defenses against attacks by third parties, although it is important not to forget that systems need to be protected from internal threats.

Preventing retail industry data breaches requires a range of cybersecurity protections, but technology isn’t always the answer. Errors made by staff can easily result in cybercriminals gaining easy access to systems, such as when employees respond to phishing emails.

Employees are the last line of defense and that defensive line is frequently tested. It is therefore essential to improve security awareness. Security awareness training should be provided to all employees to raise awareness of the threat from phishing, malware and web-based attacks.

Phishing emails are the primary method of spreading malware and ransomware. Training staff how to identify phishing emails – and take the correct actions when email-based threats are received – will go a long way toward preventing retail industry data breaches. Employees should be taught the security basics such as never opening email attachments or clicking hyperlinks in emails from unknown individuals and never divulging login credentials online in response to email requests.

Employees can be trained to recognize email-based threats, although it is important to take steps to prevent threats from reaching inboxes. An advanced spam filtering solution is therefore a good investment. Spam filters can block the vast majority of spam and malicious emails, ensuring employees security awareness is not frequently put to the test. SpamTitan blocks more than 99.9% of spam and malicious emails, ensuring threats never reach inboxes.

Web-based attacks can be blocked with a web filtering solution. By carefully controlling the types of websites employees can access, retailers can greatly reduce the risk of malware downloads.

As the recent WannaCry and NotPetya malware attacks have shown, user interaction is not always required to install malware. Both of those global attacks were conducted remotely without any input from employees. Vulnerabilities in operating systems were exploited to download malware.

In both cases, patches had been released prior to the attacks that would have protected organizations from the threat. Keeping software up to date is therefore essential. Patches must be applied promptly and regular checks conducted to ensure all software is kept 100% up to date.

This is not only important for preventing retail industry data breaches. Next year, the General Data Protection Regulation (GDPR) comes into force and heavy fines await retailers that fail to do enough to improve data security. Ahead of the May 25, 2018 deadline for compliance, retailers need to improve security to prevent breaches and ensure systems are in place to detect breaches rapidly when they do occur.

Domain Spoofing Spam Campaigns Targeting Customers of Popular UK Banks

Several domain spoofing spam campaigns have been detected that are targeting customers of popular UK banks. The spam email campaigns include credible messages and realistic spoofed domains and pose a threat to consumers and businesses alike.  The domain spoofing email campaigns are targeting customers of HSBC, Lloyds Bank, Nationwide, NatWest and Santander.

Domain spoofing is the use of a domain similar to that used by a legitimate entity with the aim of fooling email recipients into believing the email and domain is genuine. Domain spoofing is commonly used in phishing attacks, with email recipients fooled into divulging their login credentials or downloading malware. In addition to a similarly named domain, the malicious websites often include the targeted brand’s logos, layouts and color schemes.

According to a warning issued by the SANS Institute’s Internet Storm Center, the latest domain spoofing spam campaigns involve the name of the bank and one of the following additional words: docs; documents; secure; communication; securemessage.

Customers of a targeted back who receive an email and a link from the domain ‘securenatwest.co.uk’ or ‘santandersecuremessage.com’ could easily be fooled into thinking the email is genuine. Other domains being used are hsbcdocs.co.uk, hmrccommunication.co.uk, lloydsbacs.co.uk, nationwidesecure.co.uk, natwestdocuments6.ml, and santanderdocs.co.uk. Further, many consumers still believe a website starting with HTTPS is secure. Yet all of these spoofed domains are all encrypted and have SSL certificates.

The domain spoofing spam campaigns involve messages claiming there is a new secure message from the bank along with an attached HTML file. That file downloads a malicious MS Office document containing macros. If those macros are enabled, the malicious payload is delivered. These campaigns are being used to distribute Trickbot malware – a banking Trojan used for man-in-the-middle attacks to steal banking credentials.

HTML documents are used as they download malicious MS documents via an HTTPS connection to reduce the risk of the documents being detected by antivirus software. SANS Institute researcher Brad Duncan pointed out that this method, while not new, can be effective. He also explained that “poorly managed Windows hosts (or Windows computers using a default configuration) are susceptible to infection.”

The domain spoofing spam campaigns were detected by My Online Security, which notes that “A very high proportion are being targeted at small and medium size businesses, with the hope of getting a better response than they do from consumers.”

Businesses can reduce risk by employing a spam filtering solution to prevent the malicious messages from being delivered to end users, ensuring Windows hosts are correctly configured, and ensuring employees are alert to the threat. Macros should be disabled on all devices and employees instructed never to enable macros or enable content on emailed documents.

Cyberattacks in Q2 2017 Jumped by Almost a Quarter

Cyberattacks are continuing to rise, according to the latest threat report from NTT Security. Cyberattacks in Q2 2017 jumped considerably, while phishing emails are now being extensively used to spread malware. The majority of cyberattacks in Q2 2017 affected the manufacturing, finance and healthcare industries, which accounted for 72% of all detected attacks.

Cyberattacks in Q2 2017 Increased by Almost a Quarter

Cyberattacks in Q2 2017 were 24% higher than the previous quarter and the manufacturing industry is in hackers’ crosshairs. Manufacturing accounted for 34% of all malicious attacks last quarter, followed by finance with 25% of attacks and healthcare on 13%.

Cyberattacks on manufacturing firms are not limited geographically. Manufacturing was the most attacked industry in five out of the six geographical regions tracked by NTT Security. The attacks have involved ransomware, industrial espionage, sabotage and data theft. Even though cyberattacks on manufacturing firms have increased sharply, 37% of firms in the sector have yet to develop an incident response plan.

Flash Continues to Cause Security Headaches for Businesses

Unpatched vulnerabilities continue to cause headaches for businesses, with Adobe Flash the main culprit. Adobe will finally retire Flash in 2020, but until then, it remains something of a liability. 98% of vulnerabilities corrected by Adobe were in Flash, and in Q2, an Adobe Flash vulnerability was the most commonly exploited. The Adobe Flash remote code execution vulnerability CVE-2016-4116 was exploited in 57% of vulnerability exploitation attacks.

The message to businesses is clear. If Adobe Flash is not essential it should be disabled or uninstalled. If it is necessary, it is essential that patches are applied as soon as humanly possible. NTT Security notes that attacks increase exponentially once proof-of-concept code is published.

Increase in Use of Phishing Emails for Malware Delivery

The NTT Security report shows 67% of malware attacks on organizations were the result of phishing emails. The NTT Security report ties in with the findings of a recent threat report issued by Symantec, which showed that malware emails were at now at the highest levels seen this year.

The use of phishing emails to deliver malware is understandable. The emails target employees – a weak link in most organizations’ defenses. Phishing emails take just a few minutes to craft and can be sent in large volumes quickly and easily. The phishing scams are also highly effective, taking advantages of flaws in human nature.

Many organizations are still only providing annual security awareness training, rather than regular refresher training sessions, ongoing CBT courses and monthly bulletins detailing the new threats. Ineffective spam filtering also results in more messages reaching end users’ inboxes, increasing the chance of one of those emails being opened and malware being downloaded.

Improving defenses against phishing is now critical, yet many organizations are failing to appreciate how serious the threat from phishing really is. The volume of malware infections now occurring via phishing emails should be a wakeup call for organizations.

Technical solutions such as advanced spam filters, link blocking technology such as web filters and employee security awareness training should all now feature in organizations’ cybersecurity defenses.

Trickbot Malware Now Includes Self-Replicating Worm Module

Trickbot malware is a banking Trojan that has been around for a few years now, although its authors have recently developed a WannaCry ransomware-style worm module that allows it to spread much more rapidly.

The recent NotPetya attacks also included a similar module enabling the malware to be used in devastating attacks that wiped out entire systems.

This new method of speeding up the spread of malware takes advantage of a vulnerability in Windows Server Message Block, which is used to identify all vulnerable computers on a network that connect via the Lightweight Directory Access Protocol (LDAP).

Since the exploit is readily available, cybercriminals can use it in conjunction with malware to spread infections more effectively and quickly. Worms were once popular, although their use has died out. The use of worm-like elements with the WannaCry and NotPetya attacks has shown just how effective they can be, and also served as a reminder of why they were popular in the first place.

Far from isolated malware variants, we could be about to see a rise in the use of worm-like modules. Fortunately, for the time being at least, the worm module in Trickbot malware does not appear to be fully operational. That said, the malware is constantly being redeveloped so it is probable the flaws will be fixed soon.

The malware can gain access to online banking accounts enabling the attackers to empty bank accounts.  It is fast becoming one of the most prevalent banking Trojans, according to IBM X-Force. It is currently being used in targeted attacks on organizations in the financial sector around the world, with recent campaigns targeting banks in the UK and United States. The ability to spread throughout a network rapidly will make it much more dangerous.

Aside from the new worm-like module another change has been detected. PhishMe reports that it has identified a change to how the Trojan is distributed. Attacks have occurred via malvertising campaigns this year that redirect web users to sites hosting the Rig exploit kit, although Trickbot is primarily distributed via spam email sent via the Necurs botnet.

The latest change to the Trickbot malware campaign is helping the threat actors to evade anti-virus solutions. Previously, the Trojan has been installed via macro scripts in specially crafted office documents. The latest campaign update sees the attackers use a Windows Script Component (WSC) containing XML-format scripts. The same delivery mechanism has also been used to deliver GlobeImposter ransomware.

Ransomware Attacks on Small Businesses Cause Devastating Losses

Ransomware attacks on small businesses can be devastating. Many small businesses have little spare capital and certainly not enough to be handing out cash to cybercriminals, let alone enough to cover the cost of loss of business while systems are taken out of action. Many small businesses are one ransomware attack away from total disaster. One attack and they may have to permanently shut their doors.

A recent research study commissioned by Malwarebytes – conducted by Osterman Research – has highlighted the devastating effect of ransomware attacks on small businesses.

1,054 businesses with fewer than 1,000 employees were surveyed and asked about the number of ransomware attacks they had experienced, the cost of mitigating those attacks and the impact of the ransomware attacks on their business.

Anyone following the news should be aware of the increase in ransomware attacks. Barely a week goes by without a major attack being announced. The latest study has confirmed the frequency of attacks has increased. More than one third of companies that took part in the survey revealed they had experienced at least one ransomware attack in the past 12 months.

22% of Small Businesses Shut Down Operations Immediately Following a Ransomware Attack

The survey also showed the devastating impact of ransomware attacks on small businesses. More than one fifth of small businesses were forced to cease operations immediately after an attack. 22% of businesses were forced to close their businesses.

Those companies able to weather the storm incurred significant costs. 15% of companies lost revenue as a result of having their systems and data locked by ransomware and one in six companies experienced downtime in excess of 25 hours. Some businesses said their systems were taken out of action for more than 100 hours.

Paying a ransom is no guarantee that systems can be brought back online quickly. Each computer affected requires its own security key. Those keys must be used carefully. A mistake could see data locked forever. A ransomware attack involving multiple devices could take several days to resolve. Forensic investigations must also be conducted to ensure all traces of the ransomware have been removed and no backdoors have been installed. That can be a long-winded, painstaking process.

Multiple-device attacks are becoming more common. WannaCry-style ransomware attacks that incorporate a worm component see infections spread rapidly across a network. However, many ransomware variants can scan neworks and self-replicate. One third of companies that experienced attack, said it spread to other devices and 2% said all devices had been encrypted.

Can Ransomware Attacks on Small Businesses be Prevented?

Can ransomware attacks on small businesses be prevented? Confidence appears to be low. Almost half of respondents were only moderately confident they could prevent a ransomware attack on their business. Even though a third of businesses had ‘anti-ransomware’ defenses in place, one third still experienced attacks.

Unfortunately, there is no single solution that can prevent ransomware attacks on small businesses. What organizations must do is employ multi-layered defenses, although that can be a major challenge, especially with limited resources.

A risk assessment is a good place to start. Organizations need to look at their defenses critically and assess their infrastructure for potential vulnerabilities that could be exploited.

Improving Defenses Against Ransomware

Ransomware attacks on small businesses usually occur via email with employees targeted using phishing emails. Organizations should consider implementing a spam filtering solution to reduce the number of malicious emails that reach inboxes.

Some emails will inevitably slip past these defenses, so it is important for staff to be security aware. Security awareness training should be ongoing and should involve phishing simulations to find out how effective training has been and to single out employees that need further training.

While ransomware can arrive as an attachment, it is usually downloaded via scripts of when users visit malicious websites. By blocking links and preventing end users from visiting malicious sites, ransomware downloads can be blocked. A web filtering solution can be used to block malicious links and sites.

Anti-virus solutions should be kept up to date, although traditional signature-based detection technology is not as effective as it once was. Alone, anti-virus software will not offer sufficient levels of protection.

As was clearly shown by the WannaCry and NotPetya attacks, malware can be installed without any user interaction if systems are not configured correctly and patches and software updates are not applied promptly. Sign up to alerts and regularly check for updated software and don’t delay patching computers.

A ransomware attack need not be devastating. If organizations back up their data to the cloud, on a portable (unplugged) local storage device and have a copy of data off site, in the event of an attack, data will not be lost.

Ransomware and Phishing Attacks in 2017 Have Soared

A new survey from CSO shows ransomware and phishing attacks in 2017 have increased, although companies have reported a decline in the number of cyber incidents experienced over the past year. While it is certainly good news that organizations are experiencing fewer cyberattacks, the report suggests that the severity of the attacks has increased and more organizations have reported suffering losses as a result of security incidents.

CSO conducted the annual U.S State of Cybercrime survey on 510 respondents, 70% of whom were at the vice president level or higher. Companies had an average IT security budget of $11 million.

This year’s report suggests organizations are struggling to keep up with the number of patches and software upgrades now being issued, although the consequences of the delays have been clearly shown this year with the NotPetya and WannaCry attacks. The failure to patch promptly has seen many organizations attacked, with some companies still struggling to recover. Nuance Communications was badly affected by NotPetya, and a month after the attacks, only 75% of its customers have regained access to its services. TNT also suffered extensive disruption to services in the weeks following the attacks, although these are just two companies out of many to experience extended disruption.

IT security budgets have increased by an average of 7.5% year over year with 10% of companies saying they have increased IT security spending by 20% or more in the past 12 months. While new technologies are taking up the bulk of the new budgets, organizations are also investing in audits and knowledge assessments, information sharing, redeveloping their cybersecurity strategy, policies and processes and are adding new skills. 67% of respondents said they have now expanded their security capabilities in include mobile devices, the cloud and IoT.

Even though the threat of attack is severe, many companies still believe a cyber response plan should not be part of their cybersecurity strategy, although acceptance that cyberattacks will occur has seen 19% of respondents plan to implement a response strategy in the next 12 months.

Even though there was a fall in the number of security incidents, losses experienced as a result of those attacks have remained constant or have increased over the past 12 months for 68% of respondents. Only 30% of companies said they had experienced no losses as a result of security incidents, down 6 percentage points from last year.

More CSOs and CISOs are now reporting directly to the board on a monthly basis, up 17% since last year. However, as was also confirmed by a recent survey conducted by KPMG, many boards still view cybersecurity as an IT issue – The CSO survey suggests 61% of boards believe cybersecurity is a concern of the IT department not a matter for the board, a drop of just two percentage points since last year.

Phishing attacks in 2017 have increased significantly, with 36% of companies reporting attacks – up from 26% last year. 17% of companies experienced ransomware attacks – up from 14% – and financial fraud increased from 7% to 12%. Business email compromise scams are also increasing, up from 5% to 9% in the past 12 months.

The increase in ransomware and phishing attacks in 2017 highlights the need for security awareness training for employees and an improvement to spam filtering controls. Organizations need to ensure they have sufficient staffing levels to ensure patches are applied promptly, while investment in people must improve to ensure they have the skills, resources and training to respond to the latest threats.  Boards must also appreciate that cybersecurity is not just a matter for IT departments, and the CSO survey shows that too much faith is being placed in cybersecurity protections. Currently only 53% of companies are testing the effectiveness of their security programs.

Ovidiy Stealer: A New Password Stealing Malware Priced to Maximize Sales

The Ovidiy Stealer is a password stealing malware that will record login credentials and transmit the information to the attacker’s C2 server. As with many other password stealers, information is recorded as it is entered into websites such as banking sites, web-based email accounts, social media accounts and other online accounts.

The good news is that even if infected, the Ovidiy Stealer will not record information entered via Internet Explorer or Safari. The malware is also not persistent. If the computer is rebooted, the malware will stop running.

The bad news is, if you use Chrome or Opera, your confidential information is likely to be compromised. Other browsers known to be supported include Orbitum, Torch, Amigo and Kometa. However, since the malware is being constantly updated it is likely other browsers will be supported soon.

Ovidiy Stealer is a new malware, first detected only a month ago. It is primarily being used in attacks in Russian-speaking regions, although it is possible that multi-language versions will be developed and attacks will spread to other regions.

Researchers at Proofpoint – who first detected the password stealing malware – believe email is the primary attack vector, with the malware packaged in an executable file sent as an attachment. Proofpoint also suggests that rather than email attachments, links to download pages are also being used. Samples have been detected bundled with LiteBitcoin installers and the malware is also being distributed through file-sharing websites, in particular via Keygen software cracking programs.

New password stealers are constantly being released, but what sets the Ovidiy Stealer aside and makes it particularly dangerous is it is being sold online at a particularly low price. Just $13 (450-750 Rubles) will get one build bundled into an executable ready for delivery via a spam email campaign. Due to the low price there are likely to be many malicious actors conducting campaigns to spread the malware, hence the variety of attack vectors.

Would be attackers willing to part with $13 are able to view the number of infections via a web control panel complete with login. Via the control panel they can manage their account, see the number of infections, build more stubs and view the logs generated by the malware.

Protecting against malware such as Ovidiy Stealer requires caution as it takes time before new malware are detected by AV solutions. Some AV solutions are already detecting the malware, but not all. As always, when receiving an email from an unknown sender, do not open attachments or click on hyperlinks.

Organizations can greatly reduce risk from this password-stealer and other malware spread via spam email by implementing an advanced spam filtering solution such as SpamTitan to prevent malicious emails from reaching end users’ inboxes. SpamTitan uses dual AV engines to maximize detections and blocks over 99.9% of spam email.

58% of Companies Not Deprovisioning Former Employees Promptly

You’ve secured the network perimeter, installed a spam filter, trained your employees to recognize phishing emails and have an intrusion detection system in place, but are you deprovisioning former employees to prevent data theft? According to a new report from OneLogin, 58% of companies are lax when it comes to blocking network access when employees leave the company.

For the study, 600 IT professionals with responsibility or partial responsibility for security decisions about hardware, software or cloud services were interviewed. When asked about the time delay between employees leaving the company and their accounts being deactivated, 58% said that it takes more than a day for that to happen and a quarter said it takes more than a week. 28% of respondents said deprovisioning former employees takes a month or longer.

48% of respondents said they were aware that former employees still had access to applications after they had left the company and 44% said they were not confident that deprovisioning former employees had actually occurred.

Even though there is a significant time delay involved in blocking access for former employees, only four out of ten organizations are using a security information and event management solution (SIEM). A SIEM would allow them to monitor app usage by former employees and would alert them if systems were still being accessed, yet only 45% of respondents said they used such a solution.

Organizations are taking a big risk by not ensuring accounts are deactivated before employees walk through the door for the final time. The study revealed that the risk is considerable. When asked if they had suffered data breaches due to former employees, 24% said they had.

Deprovisioning employees is time consuming, especially when they have been employed for a long time and have access to many business applications and networks. 92% of respondents said it takes up to an hour to deprovision employees and many must complete the process manually. Time may be pressed, but failing to block access promptly is a data breach waiting to happen.

Trump Hotels Confirms 14 Locations Affected by Sabre Hospitality Solutions Data Breach

Trump Hotels has announced that guests at some of its hotels have been impacted by the Sabre Hospitality Solutions data breach and have had their credit/debit card details stolen. Sabre Hospitality Solutions provides the hotel reservation system used at certain Trump Hotels, and it was this system that was compromised not the systems used at Trump Hotels. Sabre’s system is used by more than 32,000 hotels and lodging establishments around the world.

Attackers gained access to the Sabre SynXis Central Reservations system (CRS) which is used by hotels and travel agencies to make hotel bookings. Sabre discovered the breach on June 5, 2017, with the attacker understood to have obtained account credentials that enabled access to the CRS and the payment card data processed through the system.

The data breach affected 13 Trump Hotels (Central Park, Chicago, Doonbeg, Doral, Las Vegas, Panama, Soho, Toronto, Turnberry, Vancouver, Waikiki, DC, Rio de Janeiro) and the Albemarle Estate. Each hotel was affected at a different time and for a different duration, with the first instance occurring on August 10, 2016. The last data access was on March 9, 2017. The hotel reservation system was compromised at most of the affected hotels for a few days up to three weeks in November 2016, with the exception of Trump Las Vegas, Trump Panama, and Trump DC, which saw systems compromised for around four months.

When the Sabre Hospitality Solutions data breach was detected, the company contracted cybersecurity firm Mandiant to conduct a forensic analysis to determine how the breach occurred, which hotels were affected and to ensure that access to its systems was blocked. Sabre reports that after March 9, 2017, no further unauthorized access to its system has occurred.

During the time that access to data was possible, the attackers were able to obtain the names of card holders, card numbers, expiration dates and in some cases, CVV codes. Other information potentially accessed includes guests’ names, addresses, phone numbers and potentially other information, although not Social Security numbers or driver’s licenses.

The Sabre Hospitality Solutions data breach affected many organizations, with Google recently announcing that some of its employees have had information exposed. In the case of Google, it was a travel agency – Carlson Wagonlit Travel (CWT) – that was affected. CWT was one of the companies used by Google to book hotels for its staff.

The hospitality industry has been hit with numerous POS system breaches over the past few years. The industry is an attractive target for cybercriminals. Most hotel bookings are made with credit and debit cards, cybersecurity protections are often poor and once access is gained to the systems it can be months before a data breach is detected.

A variety of attack vectors are used, although login credentials are commonly stolen in phishing attacks. Phishing emails are sent to company employees and social engineering tricks are used to convince those employees to disclose their login credentials or open malicious email attachments that install malware.

Email security solutions that prevent spam emails from being delivered to end users’ inboxes offer protection against phishing attacks. As an additional precaution, security awareness training should be provided to all hotel employees who have access to corporate email accounts.

With SpamTitan installed, hotel chains are well protected from phishing attacks. SpamTitan blocks more than 99.9% of spam emails, adding an important layer of protection for hotels to prevent data breaches.

NotPetya Ransomware Attacks Spread to 65 Countries

NotPetya ransomware attacks have spread globally, with the latest figures from Microsoft suggesting there are now more than 12,500 reported victims spread across 65 countries. The attacks first started to be reported on Tuesday morning with companies in the Ukraine hit particularly hard.

At first it appeared that the attacks involved Petya ransomware, although it has since been confirmed that this is a new ransomware variant. The ransomware has already attracted a variety of names such as GoldenEye, SortaPetya, ExPetr, and NotPetya. We shall use the latter.

Security researchers believe the NotPetya ransomware attacks started in Ukraine. The first attacks occurred the day before a national holiday – a common time to launch an attack. IT staff were unlikely to be working, so the probability of the attacks being halted before the ransomware was allowed to run would be increased.

The NotPetya ransomware attacks have been discovered to have occurred via a variety of vectors. Ukraine was hit particularly hard, which suggested a country-specific attack vector. Some security researchers have suggested the first attacks occurred via a Ukrainian accounting package called M.E. Doc, with the attackers managing to compromise a software update. M.E.Doc hinted that this may be the case initially, but later denied they were the cause of the attack. If it is true that a software update was involved, it would not be the first time M.E.Doc was attacked. A similar ransomware attack occurred via M.E.Doc software updates in May.

However, that is only one potential attack vector used in the NotPetya ransomware attacks. It has been confirmed that the attackers are also using two NSA exploits that were released by Shadow Brokers in April. As was the case with the WannaCry ransomware attacks, the EternalBlue exploit is being used. The latest attacks are also using another exploit released at the same time called EternalRomance.

In contrast to the WannaCry ransomware attacks last month, the exploits used in the NotPetya ransomware attacks only scan for vulnerable devices on local networks, not via the Internet.

Both exploits will not work if computers have already been patched with MS17-010 released by Microsoft in March. Following the WannaCry attacks, Microsoft also issued a patch for older, unsupported Windows versions to prevent further ransomware attacks.

However, patching would not necessarily have prevented infection. In contrast to WannaCry, NotPetya ransomware attacks have been reported by companies that have patched their computers. Security researchers have confirmed that all it takes for infection to occur is for one computer to have been missed when applying the patches. That allows the attackers to attack that machine, and also any other machines connected to the local network, even if the patch has been applied.

The attacks also appear to be occurring via phishing emails containing malicious Microsoft Office documents.  As has been the case with many other ransomware attacks, the failure to implement spam defenses can result in infection. The use of an advanced spam filter such as SpamTitan offers excellent protection against email-based ransomware attacks, preventing those emails from reaching end users’ inboxes.

Upon infection, the ransomware waits one hour before executing and forcing a reboot. When the computer restarts, the ransom note appears. The ransom demand is for $300 per infected machine. In contrast to the majority of ransomware variants, NotPetya does not encrypt files. Instead it replaces the Master File Table (MFT). Since the MFT shows the computer where files are located on the hard drive, without it files cannot be found. Files are not encrypted, but they still cannot be accessed.

Preventing ransomware attacks such as this requires regular patching to address vulnerabilities and anti-spam solutions to prevent malicious emails from being delivered.

Fortunately, NotPetya ransomware attacks can be blocked. Cybereason security researcher Amit Serber has found a way to vaccinate computers against this specific ransomware variant. He suggests IT teams “Create a file called perfc in the C:\Windows folder and make it read only.” This method has been confirmed as effective by other security researchers, although it will not work if infection has already occurred.

Unfortunately, recovery following an attack may not be possible if infected computers cannot be restored from backups. Kaspersky Lab reports there is a flaw in the ransomware saying, “We have analyzed the high level code of the encryption routine and we have figured out that after disk encryption, the threat actor could not decrypt victims’ disks.” Further, the email account used by the attacker to verify ransom payments has been shut down by a German email provider.

Corporate Phishing Emails Increased by 400% in Q2, 2017

Corporate phishing emails are one of the biggest cybersecurity risks faced by organizations. Cybercriminals are well aware that even companies with robust cybersecurity defenses are vulnerable to phishing attacks.

Phishing email volume is higher than at any other time in history. Employees are being targeted with threat actors now using sophisticated social engineering techniques to maximize the probability of employees clicking on links, opening infected email attachments or disclosing their login credentials. If corporate phishing emails are delivered to end users’ inboxes, there is a high chance that at least one employee will be fooled. All it takes is for one employee to click on a malicious link or open an infected attachment for malware to be installed or access to sensitive data be provided.

The threat from phishing attacks has been steadily increasing in recent years, although this year has seen phishing attacks soar. A recent study conducted by Mimecast has shown that cybercriminals have been stepping up their efforts in recent months. Last quarter, there was a 400% increase in corporate phishing emails according to the study.

A phishing trends & intelligence report for Q1, 2017 from the security awareness training firm PhishLabs showed that in the first quarter of 2017, overall phishing email volume increased by 20% compared to the previous quarter. 88% of phishing attacks were concentrated on five industries: payment services, financial institutions, cloud storage/file hosting firms, webmail/online services and e-commerce companies.

The anti-phishing training and phishing simulation platform provider PhishMe also noted a major increase in phishing emails in Q1, 2017. The firm’s Q1, 2017 malware review also showed there had been a 69.2% increase in botnet malware usage in the first quarter of this year.

Business email compromise attacks are also on the rise. Proofpoint’s annual Human Factor report showed BEC email attacks rose from 1% of message volume to 42% of message volume relative to emails bearing Trojans. Those attacks have cost businesses $5 billion worldwide.

These studies clearly show that corporate phishing emails are on the rise, highlighting the need for organizations to improve their defenses. The best defense against phishing emails and ransomware attacks is to ensure messages are intercepted and blocked. It is therefore essential for organizations to implement a robust spam filtering solution to prevent malicious messages from reaching end users’ inboxes.

SpamTitan conducts more than 100 checks of incoming emails, ensuring more than 99.98% of spam and malicious emails are blocked. Dual anti-virus engines are used to ensure 100% of known malware and ransomware is intercepted and prevented from being delivered to end users’ inboxes.

If you have yet to implement an advanced spam filtering solution or you are unhappy with your current provider, contact TitanHQ today to find out more about SpamTitan and how it can be used to protect your business from email attacks. SpamTitan is also available on a no obligation, 30-day free trial, allowing you to try the solution for yourself before committing to a purchase.

New Microsoft Windows XP Updates Released in Wake of WannaCry Attacks

Microsoft took the decision to issue emergency Windows XP updates to prevent exploitation of the Windows Server Message Block (SMB) vulnerability used to infect worldwide computers with ransomware on May 12, 2017.

The move came as a surprise since the operating system is no longer supported. Extended support came to an end on April 8, 2014. Yesterday, saw further Microsoft Windows XP updates released. The patches prevent further flaws in the operating system from being exploited by cybercriminals in WannaCry ransomware-style attacks.

Microsoft’s Cyber Defense Operations Center head, Adrienne Hall, said “Due to the elevated risk for destructive cyber-attacks at this time, we made the decision to take this action because applying these updates provides further protection against potential attacks with characteristics similar to WannaCrypt.”

In total, nearly 100 vulnerabilities were patched this Patch Tuesday, including 18 critical flaws that can be remotely exploited by cybercriminals to take full control of vulnerable systems. In some cases, as was the case with the WannaCry ransomware attacks, no user interaction is required for the flaws to be exploited.

One of the flaws – tracked as CVE-2017-8543 – similarly affects the Windows Server Message Block service. Microsoft says CVE-2017-8543 is being actively exploited in the wild, with Windows Server 2008, 2012, and 2016 all affected as well as more recent versions of Windows – v7, 8.1 and Windows 10. It is this flaw that has been patched for Windows Server 2003 and Windows XP. As was the case on May 12, once the attackers infect one device, they can search for other vulnerable devices. Infection can spread incredibly quickly to many other networked devices.

Some security experts have criticized Microsoft for issuing yet more Windows XP updates, arguing that this sends a message to users of outdated operating systems that it is OK not to upgrade the OS. Windows XP has many unpatched flaws, but the recent Windows XP updates suggest that if a particularly serious vulnerability is discovered that is being actively exploited, patches will be issued.

While Microsoft Windows XP updates have been released, this should not be taken as signaling a change in Microsoft’s standard servicing policies. Further patches may not be released for unsupported Windows versions, so organizations should not delay upgrading their OS. Microsoft’s general manager of its Security Response Center, Eric Doerr, said “The best protection is to be on a modern, up-to-date system that incorporates the latest defense-in-depth innovations. Older systems, even if fully up-to-date, lack the latest security features and advancements.”

In total, there were 95 updates issued this patch Tuesday. Like CVE-2017-8543, a LNK remote code execution vulnerability (CVE-2017-8464) is also being exploited in the wild.

The latest round of updates also includes a patch for a serious flaw in Microsoft Outlook (CVE-2017-8507). Typically, in order to exploit vulnerabilities an end user would be required to open a specially crafted email attachment. However, if an attacker were to send a specially crafted message to an Outlook user, simply viewing the message would allow the attacker to take full control of the machine.

Adobe has also issued a slew of updates to address 21 vulnerabilities spread across four products (Flash, Shockwave Player, Captivate and Adobe Digital editions). 15 of those vulnerabilities have been marked as critical and would allow remote code execution.

As the WannaCry ransomware attacks clearly showed, the failure to apply patches promptly leaves the door wide open to cybercriminals. These updates should therefore not be delayed, especially since two of the flaws are being actively exploited.