Web Application Security : A Necessity, Not a Luxury

Web application security is an all-encompassing term that covers the security of websites, web applications and web services. Web applications are one of the prime targets for cyber attackers due to the following reasons-

  1. The complexity of their source code increases the chances of manipulation of the code with malicious intent and unseen vulnerabilities.
  2. These attacks can be launched easily and target multiple targets at the same time.
  3. The rewards reaped by the attackers are huge. They can get hold of the financial information or other private data that belongs to the users of the application.

Web Application Security: Complete Beginner's Guide | Netsparker

Organizations need to be wary of such attacks on their web applications as it can result in the disruption of their relationships with their clients or can lead to legal action against them. According to a report published by Forrester in 2020, 35% of all external cyber attacks on organizations came in through a web application. In fact, Security Boulevard reported that as the first batch of COVID-19 vaccine vials was distributed, an increase of 51% web application attacks on healthcare targets was noticed.

 

Also, recently, a report by Business Standard revealed that a hacking group called ShinyHunters leaked 1.9 million user records stolen from an online photo editing application known as Pixlr. In another case, the same hacking group stole the data of users from an online dating website named MeetMindful.

 

All of this should be alarming for organizations, especially the ones dealing with sensitive user information. Web application security, an often ignored aspect of cyber security, should therefore be given priority in the cyber security policies of organizations.

Types of Web Application Vulnerabilities

 

Web application attacks can take various forms. This is done using different vectors mentioned below-

 

  1. Cross-site Scripting (XSS) – It is a type of injection attack that targets users to access their accounts, modify the content of a page or activate trojans. Direct injection of a malicious code into an application results in Stored XSS.  A Reflected XSS occurs when a malicious script is reflected off an application onto a user’s web browser.
  2. SQL Injection – SQL Injection is a malicious SQL code used to manipulate a back-end database in order to reveal information. This can result in unauthorized access to the administrative control of the web application and unwarranted modification of data.
  3. Remote File Inclusion – Injecting a file onto a web application server from a remote location is known as Remote File Inclusion. Hackers use this vector for the execution of malicious scripts within the application. It has also been seen that this vector is used for data manipulation and data theft.
  4. Cross-site Request Forgery – This kind of attack takes place when a malicious web application makes a user’s browser perform an unwanted action on a site where the user is logged in to. This attack can result in an unsolicited transfer of funds, changed passwords or data theft.
  5. Denial of Service (DoS) Attack – Denial of Service Attack (DoS) occurs when a server stops responding to the incoming requests of its legitimate users or starts responding very sluggishly due to its overloading with different types of attack traffic.
  6. Misconfiguration of Security Settings – Attackers pounce upon the chance of exploiting misconfigured security settings or settings that are set at default, verbose error messages with sensitive information and misconfigured HTTP headers.
  7. Insufficient Logging and Monitoring – This is one vulnerability that can help the attackers further attack systems or tamper, destroy and extract data. According to security experts, it takes 197 days on an average to detect a data breach.
  8. Buffer Overflow – Buffer Overflow is the overflowing of the buffer’s capacity, which is a space in memory, resulting in the overwriting of the adjacent memory locations with data. This can be used to inject malicious code into the memory.

Measures for Risk Mitigation

 

  • Using a Web Application Firewall – A Web Application Firewall is a hardware and software solution designed to defend against any attack attempts. It is a good way to compensate for any code sanitization deficiency.
  • Gathering Information – Classify third-party hosted content and review the application manually to identify client-side codes and entry points.
  • Authorization – Test the application for missing authorization, insecure direct object references and horizontal and vertical access control issues.
  • Encryption – Encrypt the specific data and avoid the use of weak algorithms.
  • Bot Filtering – Mass-scale automated attacks are launched using malicious bots. This bot traffic can be detrimental for the web application and is therefore dealt with Bot Filtering tools.
  • Conducting VAPT– VAPT (Vulnerability and Penetration Testing) is an essential service for organizations in their quest for safer use of IT infrastructure. VAPT is like a self-assessment service that brings the vulnerabilities related to the APIs, technology, platform, etc to the fore, thereby shaping the cyber security policies of the organizations and helping them upgrade their systems. Web application security assessment, therefore, goes a long way in ensuring the smooth functioning of the web application.

Vulnerability Assessment and Penetration Testing(VAPT) Services - BERRY9 IT  SERVICES

Apart from this, web application security is also necessary for GDPR compliance. If an application processes personal data of EU residents, then the GDPR requires that organization to follow security “by design and by default” for data protection (Art 25). It is therefore recommended that organizations running web services or web applications put the requisite cyber security measures in place to tackle any kind of attack

India: A witness of massive Cyber Attack

Cyber Threat Report of 2019: 69% of Firms Face Serious Cyber Attacks in India!

69% Indian firms face serious cyber attack risk: Study

Do you know that India is in has been ranked the second position amongst the countries affected by cyber attacks between 2016-2018? According to a source, there was a 22% rise in cyber attack in India on IoT deployments. India has faced the most number of attacks in the IoT department this year. In fact, India has been consecutively facing cyber attacks, the second time in a row!

In a recent study, it was revealed that out of 15 Indian cities, Mumbai, New Delhi, and Bengaluru have faced the maximum number of cyber attacks. In the Annual Cyber Security Report by CISCO, 53% of cyber attacks caused more than $500K of financial loss to organizations in 2018.

cyber attack – The Siasat Daily

India has faced a rise of 7.9% in data breaches since 2017. Also, the average cost per data breach record is mounting to INR 4,552 ($64). Cyber attacks in India have risen up to such an extent that our country ranks fourth out of the top 10 targeted countries in the world. In a report by India Today, Chennai experienced the highest percentile of cyber attacks with a stat of 48% in the first quarter of 2019.

No survey or warning has brought any change in the cyber security policies of companies across the nation. In spite of witnessing several cyber attacks in India, people are still not aware of lucrative cyber security solutions to prevent their organization from any other attack. Here are some recent series of cyber attacks that massively brought loss to renowned companies in India.

The 2019’s Biggest Cyber Attacks  in India

Cyber criminals have adapted advanced cyber attack techniques for their targeted end-users. Various business sectors and geographical locations have faced recent cyber attacks in India.

Cosmos Bank Cyber Attack in Pune 

Cyber Attack at Cosmos Bank

A recent cyber attack in India in 2018 was deployed on Cosmos Bank in Pune. This daring attack shook the whole banking sector of India when hackers siphoned off Rs. 94.42 crores from Cosmos Cooperative Bank Ltd. in Pune.

Hackers hacked into the bank’s ATM server and took details of many visas and rupee debit cardholders. Money was wiped off while hacker gangs from around 28 countries immediately withdrew the amount as soon as they were informed.

ATM System Hacked 

4 ways to hack an ATM — video | Kaspersky official blog

Around mid-2018, Canara bank ATM servers were targeted in a cyber attack. Almost 20 lakh rupees were wiped off from various bank accounts. A count of 50 victims was estimated and according to the sources, cyber attackers held ATM details of more than 300 users. Hackers used skimming devices to steal information from debit cardholders. Transactions made from stolen details amounted from Rs. 10,000 to Rs. 40,000.

UIDAI Aadhaar Software Hacked

UIDAIs Aadhaar Software Hacked To Generate Unlimited IDs Experts Confirm

2018 started with a massive data breach of personal records of 1.1 Billion Indian Aadhaar cardholders. UIDAI revealed that around 210 Indian Government websites had leaked  Aadhaar details of people online.

Data leaked included Aadhaar, PAN and mobile numbers, bank account numbers, IFSC codes and mostly every personal information of all individual cardholders. If it wasn’t enough shocking, anonymous sellers were selling Aadhaar information of any person for Rs. 500 over Whatsapp. Also, one could get any person’s Aadhaar car printout by paying an extra amount of Rs.300.

Hack Attack on Indian Healthcare Websites 

Hackers Attack Indian Healthcare Website, Steal 68 Lakh Records: Report

Indian-based healthcare websites became a victim of cyber attack recently in 2019. As stated by US-based cyber security firms, hackers broke in and invaded a leading India-based healthcare website. The hacker stole 68 lakh records of patients as well as doctors.

SIM Swap Scam

Scam protection: How to prevent sim swap scam 2019? | Cryptopolitan

Two hackers from Navi Mumbai were arrested for transferring 4 crore rupees from numerous bank accounts in August 2018. They illegally transferred money from the bank accounts of many individuals. By fraudulently gaining SIM card information, both attackers blocked individuals’ SIM cards and with the help of fake document posts, they carried out transactions via online banking. They also tried to hack accounts of various targeted companies.

Aforesaid stats and events of the latest cyber attacks in India are the wake-up call for all those individuals and companies who are still vulnerable to cyber threats. It is very essential for organizations to implement cyber security measures and follow the below-mentioned security guidelines.

Cyber Security Measures for Organizations to Prevent Cyber Attacks

Bird Protect Stock Illustrations – 1,476 Bird Protect Stock Illustrations, Vectors & Clipart - Dreamstime

  1. Educate employees on the emerging cyber attacks with security awareness training.
  2. Keep all software and systems updated from time to time with the latest security patches.
  3. Implement email authentication protocols such as DMARC, DKIM and SPF to secure your email domain from email-based cyber attacks.
  4. Get regular Vulnerability Assessment and Penetration Testing to patch and remove the existing vulnerabilities in the network and web application.
  5. Limit employee access to sensitive data or confidential information and limit their authority to install the software.
  6. Use highly strong passwords for accounts and make sure to update them at long intervals.
  7. Avoid the practice of openly password sharing at work.

Spear Phishing vs Phishing

What is Spear Phishing?

Along with the evolution in technology, a rapid and dramatic shift has been experienced in the occurrence of cyber attacks. The new targeted email-based phishing attacks have replaced the old extensive spam attacks. These phishing campaigns are causing major financial, brand, and operational harm to organizations across the world. The most notorious crime that is affecting major banks, corporates, media companies, and even security firms is a spear phishing email attack.

Spear phishing is an email scam that is targeted towards a particular individual, an organization, or a business. Attackers install malware on the targeted user’s computer system besides stealing user’s data.

Follow the image to understand how a spear phishing attack works:

What is Spear Phishing? {examples} How To Prevent Attacks

Spear phishing attack example:

Spear phishing and phishing attacks are deployed with similar forms of email attack which includes a typical malicious link or an attachment. The primary difference between them is the way of targeting individuals.

For instance, you have posted a social media update about traveling to a different state or country. You might receive an email from a colleague saying, “Hey, while you are in New York, make sure to try the famous Joe’s Pizza. Click Here, *link* to check out their menu list!” While you click on the link to browse their menu, a malware is quickly installed in your system.

Such emails are sent to target individuals by tricking them with a spoofed email address of someone they know or are well acquainted with.

How Can We Define a Phishing Attack?

While spear phishing emails are sent to target a single recipient, phishing emails are sent to a large number of recipients. It is an unethical use of electronic communication to deceive users by taking advantage of their vulnerability in cyber security.

These attacks are carried out to obtain sensitive and confidential information like the credentials of users. Cybercriminals use social engineering to trick victims into performing certain actions such as clicking on a malicious link or opening an attached file.

Phishing attacks are wide-spreading cyber threats every year. If you are not yet aware of this ever-growing cyber scam then one wrong click can easily flip your world upside down.

Phishing Attacks Not Going Away Soon – Channel Futures

Phishing attack example:

Here is a real-life phishing attack example of Facebook and Google. Both the companies were together scammed out of $100 million+ between the years 2013 and 2015 through a fake invoice scam. A Lithuanian hacker accomplished this feat by sending a series of fake invoices to each company. It impersonated as a large Asian-based manufacturer that they used as their vendor. Source: The Dirty Dozen

Such phishing attacks have been exploiting the data of various organizations and have led to a huge loss in revenue for many organizations. Be it phishing or a spear-phishing attack, it is vital to take preventive measures to decrease the occurrences of these cyber attacks.

How to prevent spear phishing attacks?

Just like phishing, spear attack prevention can be done in the following ways:

Spelling & Grammatical Errors:

Usually, genuine emails are error-free because of the professionalism and image reputation they hold. On the other hand, spear phishing emails have spelling and grammatical errors that are oblivious to the recipient’s eyes.

General Greeting:

If you are in contact with any individual or an organization, they would certainly use your name in the email greeting. But if an email says anything unusual like “Hello email user or attn: user”, then it’s a red alert.

URLs & Attachments:

Cyber crooks make sure to convince users into clicking on the link or on the attachment that comes along with the email. Never click any of the attachment that comes with suspicious-looking email.

Cyber Security Awareness for employees:

Every employee and individual in an organization should be provided with proper cyber security awareness training. A simulation spear phishing attack can be performed on the employees in order to make them proactive towards the latest attack vectors.

How Does a Cyber Security Awareness Program work?

The Importance of Security Awareness Training

The brutal Cyber Attacks that shook the world

Impacts of Cyberattacks on Businesses

Do you know a cyberattack can destroy your entire business overnight? In the survey report of 2019, 64% of companies faced web-based attacks, 62% experienced phishing as well as social engineering attacks. Around 59% of the companies experienced to have received malicious code and botnets. Whereas, 51% of businesses experienced the denial of service attacks. (Source: TradeReady)

According to Cybersecurity Ventures, cybercrime damages will cost the world $6 trillion by 2021. In fact, 63 cybercriminals who come under the most wanted list of FBI are known to have committed a chain of cybercrimes that had cost people and organizations, billions of dollars.

Cyber attacks have become common and more endangering nowadays, irrespective of the scale or size of the business. It is important to have proper security of defense locks but, it is more crucial to know what is the cause of offense. The offense could be the existing security loopholes in your enterprise, the unprotected IT infrastructure, and vulnerable employees. All these problems can lead to destructive consequences which can compromise your data and can give rise to cybercrimes.

Furthermore, every individual working in an organization is required to be aware of the major cyberattacks that are endangering and big cyber threat postures. Here is the list of 6 major types of cyberattacks:

Types of Cyber Attacks

1. Phishing

Phishing is a social engineering attack that is deployed over internet users with the intention to steal their data including credentials and credit card details. It is an identity theft to dupe victims into opening the email and lure them to click on the malicious attachment in the email message.

Phishing Attacks: A Guide to Cyber Security - Gaspar Insurance Services

2. Ransomware

Ransomware is a type of malicious software, designed to bar access to a computer system or a data file until the user pays ransom to the attacker. While regular ransomware locks the system, a more advanced malware uses a technique named cryptoviral extortion attack that encrypts the files of users making them inaccessible until a ransom is paid to decrypt them.

A CISO's Guide to Prevent Ransomware Attacks - Security Boulevard

3. Risk of Removable Media

Removable media like USB flash drives, external hard drives, optical discs, memory cards, digital cameras, etc. could be the bearer of cyber threats. These external portable storage devices are designed to be inserted and removed from a computer system. The usage of these devices could create a risk of data loss in case the media is lost or stolen. Further, it could lead to the compromise of a huge amount of data loss which would directly lead to damage to business reputation as well as financial penalties. Apart from that, removable media can be majorly used as an attack vector for malware.

USB Flash Drive Malware: How It Works & How to Protect Against It - Hashed Out by The SSL Store™

4. Cyber Scam

Cyber thieves use the internet as a weapon to deploy cyber attacks on every scale of enterprises. These cyber scams come in various forms, including emails attempting to trick users into handing over their personal information over phishing sites or counterfeited web pages. It is a type of internet fraud where cyber attackers hide or provide incorrect information to trick victims out of money, property or confidential data.

Take control of your digital life. Don't be a victim of cyber scams! | Europol

5. Vishing

Voice phishing is a phone fraud that uses social engineering over the telephone to get access to user’s personal and financial information. The fraudsters use modern practices like caller ID spoofing or automated systems to sound like a legitimate authority overcall. Vishing is typically used for stealing credit card numbers or related information with the help of identity theft.

Vishing: What is Voice Phishing? I SoSafe

6. Smishing

SMS phishing is a fraudulent activity that is attempted to acquire personal information like passwords and user details by impersonating as a trustworthy identity. This social engineering technique involves cell phone text messages to deliver the bait to indulge victims to divulge their personal information on the attached link in the text message.

What is smishing? How to protect against text message phishing scams | The Daily Swig

How to prevent Cyberattacks?

Cyberattacks seem to be constantly evolving every year and with major ransomware attacks like RobinHood, Snatch, Dharma, etc. in 2019, it is much clear that there is no slow down in the growth. But it’s never too late to secure your organizations by taking essential and efficient preventive steps to combat these attacks from any future loss.

 

With the help of cyber attack simulators, an organization can not only train but also make the individuals working, become proactive towards the prevailing cyber risks. Apart from that, it is necessary to make employees working in an organization, have the knowledge and are updated on the cyber threat postures existing.

 

Cyber attack simulators help not only help in identifying the level of vulnerabilities but also improve it so as to create a defensive system by strengthening the weakest link in the organization.

 

Along with cyber attack simulators, it is important to have a back up of critical data. By having critical backups of your data, you can allow only limited interruptions to the business workflow. It’s better to start securing your business by investing in the right cybersecurity solutions rather than paying for losses by becoming victim to cyber-attacks.

Vulnerability Management vs Vulnerability Assessment

What is Vulnerability Management?

What is Vulnerability Management Anyway?

In this evolving world of complex IT landscape, we get to hear numerous cyber security buzzwords and strategies every day. Vulnerability assessment, penetration testing, vulnerability management are among the most used terms when we talk about the protection of critical assets in an organization. But ever wondered do these terms mean? Let’s break them down one by one.

The term vulnerability management is an essential component that is required in creating an organization’s solid cyber security foundation. It is a broad ongoing process that manages an organization’s vulnerabilities constantly in a holistic manner. In this cyclical process, the software vulnerabilities are discovered, assessed, remediated and verified. Follow the image to understand the vulnerability management process cycle more clearly.

This ongoing process requires scanning to assess the vulnerabilities continuously in order to ensure and fix the weakness. It is an integral part of computer and network security.

What is Vulnerability Assessment?

The foremost step to fix security vulnerabilities is to identify them in the first place. Vulnerability assessment security testing identifies the gaps and loopholes present in the networks, endpoints, and applications. It is a one-time security testing program that is performed with a defined start and end date.

Vulnerability assessment is a risk-based approach where it targets the different layers of technology such as the host layer, network layer, and the application layer. The purpose of this testing is to help organizations in identifying vulnerabilities existing in their software and IT infrastructure before any compromise takes place.

What is Vulnerability Assessment | VA Tools and Best Practices | Imperva

The following image above shows the in-depth evaluation of security posture in an organization, discovering weaknesses and recommending a suitable remedy to mitigate the risk.

Vulnerability Management vs Vulnerability Assessment

When we talk about the entire organizational cyber security, both vulnerability management and vulnerability assessment have their own significant roles. However, both processes are completely different in nature.

Unlike vulnerability assessment, the vulnerability management program doesn’t have any defined start and end date. It is more of a continuous process that helps organizations in having better management of vulnerabilities in the near future.

Whereas, vulnerability assessment, on the other hand, helps in identifying the loopholes and vulnerabilities which are ranging from critical designing to basic misconfiguration. The primary objective of this testing is to create guidance for assisting developers with fixing the identified vulnerabilities.

Although the vulnerability assessment is an important step in improving the IT security of an organization, it is not just enough. A proper ongoing process is required along with this assessment technique to successfully eliminate the security gap.

Interdependence of Vulnerability Assessment and Management

Consequently, the vulnerability assessment process has a start and end date. But in order to secure IT assets, an ongoing approach like vulnerability management should be a part of it. The identification of strengths and weaknesses identified through assessment testing is basically the beginning process of IT infrastructure security. It is more of a part of vulnerability management where a proper plan is required to be created for prioritizing and mitigating the cyber risks discovered. On the whole, the vulnerability assessment dictates the recommendations and objectives of the entire vulnerability management process.

The Significance of Security Risk Assessment and Management

It is important to assess and fully-manage cyber risks with the vulnerability assessment and security testing audits to secure the organization’s network security. With constantly evolving cyber attacks, it is highly important to understand the weakness existing in your IT infrastructure or web applications.

Regularly performed vulnerability assessment and proper vulnerability management practices play the role of cornerstones in the success of a complete cyber security program. Timely discovery of cyber threats help in patching networks as well as web application vulnerabilities. Also, both assessment and management security programs mitigate the risk elements and help in preventing the possibilities of following cyber risks:

  1. Data breaches
  2. Ransomware infections
  3. IT Infrastructure damage
  4. Reputation damage
  5. Financial loss

Worst Ransomware Attacks of India

State of Affairs of Ransomware Attacks in India: 2019

Did you know more than 230,000 ransomware attack submissions were discovered in 2019 between April 1st and September 30th? Last year, the resurging ransomware attack in India became a headache for the corporate sectors targeting and affecting various organizations across the nation. In fact, the three most notorious members of the ransomware family- Ryuk, Purga, and Stop made major headlines in the nation.

How to Beat Hackers Targeting Backups with Ransomware Attacks | IT Pro

The Stop ransomware caused about 10.10% of the ransomware attacks followed by Ryuk making about 5.84% attacks along with Purga for deploying 0.80% of ransomware attacks! (source: TSG Sunday  Guardian Live)

Ryuk seemed to have been the most active threat landscape in the Indian public as well as private sectors. On the other hand, brute-force attacks on RDP and SMBs seemed to have steadily increased in 2019.

According to the Business Standard, last year was entirely the year of ransomware attacks on municipalities. It was observed that not less than 174 municipal institutions were targeted with more than 3000 subset organizations! In comparison, 60% of the increase from 2018 was experienced in 2019!

Reportedly, organizations have faced double extortion in Q1 2020 across the globe. Moreover, security research has anticipated that a business is attacked every 11 seconds by cybercriminals. The cost of damage is predicted to hit around $20 billion by 2021.

Although, this figure may vary later depending upon the cost of attacks and its devastating consequences. To know how brutal ransomware attacks can get, here are the top devastating ransomware attacks that took place in India.

Top 6 Ransomware Attacks in India

  • Telangana and AP Power Utilities Hacked

A malicious software attacked the power utility systems of  Telangana and Andhra Pradesh last year where all the servers went down until the glitch was rectified. Since the computer systems of Telangana and Andhra Pradesh power utilities were interlinked, the virus attack quickly spread, taking down all the systems.

Ransomware hits Telangana and Andhra Pradesh power department websites | Hyderabad News - Times of India
  • UHBVN Ransomware Attack

Uttar Haryana Bijli Vitran Nigam was hit by a ransomware attack where the hackers gained access to the computer systems of the power company and stole the billing data of customers. The attackers demanded Rs.1 crore or $10 million in return for giving back the data.

UHBVN Billing Data Hacked and Hackers Demanding one Crore in Bitcoins

  • WannaCry

India was the third worst-hit nation by WannaCry ransomware, affecting more than 2 lakh computer systems. During the first wave of attack, this ransomware attack had hit banks in India including few enterprises in Tamil Nadu and Gujarat. The ransomware majorly affected the US healthcare system and a well-known French car manufacturing firm.

WannaCry Attack: Why Proper Backup Solution Is A Must

  • Mirai Botnet Malware Attack 

This botnet malware took over the internet, targeting home routers and IoT devices. This malware affected 2.5 million IoT devices including a large number of computer systems in India. This self-propagating malware was capable of using exploitable unpatched vulnerabilities to access networks and systems.

Mirai DDoS Attack Explained

  • Petya

India was one of the top 10 countries to be hit by Petya ransomware. This ransomware attack halted work at one of the terminals of India’s largest seaport causing computer lockdown and serious consequences for the country’s exports.

Petya Ransomware Spreading Rapidly Worldwide, Just Like WannaCry

  • BSNL Malware Attack

The state-owned telecom operator BSNL was hit by a major malware attack, impacting nearly 2000 broadband modems! 60,000 modems became dysfunctional after the malware attack hit the Telecom Circle.

Malware Attacks on BSNL, MTNL Broadband Modems – Steps To Restore | DataReign

Proactive Measures to Prevent Ransomware Attacks

As we continue to develop smart cities and smart grid technologies in 2020, the risk of ransomware attacks will stay put as a big challenge for all the organizations. Apart from focusing on development and advancement, every industry vertical must understand the crucial role of cyber security.

With the help of these below listed proactive measure, organizations can reduce or prevent the constantly evolving ransomware attacks in the future:

Employee Awareness Training

Cyber threat actors majorly use emails as bait in attempting cyber attacks on an organization and humans being the weakest link tend to easily fall for it. So to avoid and overcome this problem, organizations must educate their employees by making them aware of the prevailing cyber threats.

7 Tips for an Effective Employee Security Awareness ...

A right security attack simulator and awareness training tool can help in reducing the threat of employee error. Such tools help in mitigating existing cyber risks within the organization and enhance the cyber security posture.

Backup Your Data Separately

The best way to stay proactive is by backing up your data in a separate external storage device but it should not be connected to your computer. Backing up your data will help in securing it from being encrypted and misused by cyber attackers.

Regular Vulnerability Assessment 

Basic cyber security hygiene like vulnerability assessment and penetration testing can help in preventing malware like ransomware. With the help of continuous vulnerability assessment, one can find out the exploitable vulnerabilities and fix them before any threat actor discovers it.

Never Click on Unverified Links

Avoid clicking links that are attached in spam emails or on an unfamiliar website. Such links are the bearers of malicious files that badly infect the user’s computer when clicked. Moreover, these links are the pathways for ransomware to access the user’s system and encrypt or lock confidential data for ransom.

6 Biggest Ransomware Attacks that Happened in India - Kratikal Blogs

Use Security Software 

With cybercrimes becoming more widespread and constantly evolving in nature, protection against them has never been more crucial. It is necessary for organizations to secure their entire IT infrastructure with comprehensive cyber security solutions and software to blocking and keep the cyber threat postures at bay.

Among all other cyber attacks, ransomware is one kind of criminal activity that can be easily prevented by these above-mentioned solutions. Companies must remain vigilant, watchful and prepared to stay protected against such prevailing cyber risks.

The best way to deal with ransomware attacks is to stay protected by following healthy security practices and avoiding suspicious emails in the first place!

Healthcare Cyber Security growing Paramountcy

Over the last year, the healthcare industry has become a target of strategic interest amongst cyber criminals. Owing to its troves of valuable data, healthcare has never been as vulnerable to cyber attacks as it is now. As per a report by HIPAA Journal, healthcare institutions reported 616 data breaches of 500 or more records in 2020. Moreover, the report also revealed that 28,756,445 healthcare records were exposed.The Role of Cybersecurity in Healthcare and Hospitals | Norwich University  Online

With the arrival of the COVID-19 pandemic, hackers rapidly evolved their tactics to exploit the fears escalating amongst the population. This has spurred the need to adopt cyber security best practices for keeping pace with evolving threats, especially in healthcare. Cyber criminals have reframed their phishing attempts to launch targeted cyber attacks by taking advantage of the COVID-19 fears.

Those working on the response have become prime targets. Even the World Health Organization (WHO) and the research firms developing treatments and vaccines for the coronavirus are being targeted. Moreover, as per Becker’s Hospital Reviewdata breaches cost the healthcare industry nearly $5.6 billion every year.

 

Major Cyber Attacks on the Healthcare Industry in 2020

It’s widely believed that in 2021 the healthcare industry will continue to be the most targeted industry by cyber criminals. Here are some major cyber attacks targeting the healthcare industry in 2020:

 

  1. The year 2020 witnessed the first fatality due to a ransomware attack when a hospital in Germany was hit by a ransomware attack in September.
  2. The UK National Cyber Security Centre (NCSC) reported that APT29 targeted COVID-19 vaccine development.
  3. The Universal Health Services (UHS) health system suffered a ransomware attack across its 400 locations in September.
  4. Data allegedly stolen from five different healthcare entities was posted for sale on the dark web by the hacking groups behind REvil, SunCrypt, NetWalker and Pysa or Mespinoza ransomware variants.
  5. UCSF paid a ransom of $1.14 million after the NetWalker ransomware affected multiple servers of its School of Medicine.
  6. In October 2020, DHS CISA issued a warning of an Emotet resurgence, problematic ransomware that has targeted 24% of the most prominent hospitals.

 

How to Protect Healthcare Institutions Against Vicious Cyber Attacks?

With the pandemic expected to continue into the foreseeable future, the healthcare industry is hounded by several cyber security issues. Cyber attacks on healthcare facilities can have consequences beyond breach of privacy and financial loss.

 

Therefore, it has become essential for these institutions to take the necessary precautions and get ahead of threats. Here are a few effective cyber security measures that can offer protection against the cyber threats plaguing the healthcare industry:

 

Enable Multi-Factor Authentication (MFA)

Implementation of MFA on all the applicable endpoints across the enterprise networks is an effective way to get rid of some of the most disastrous vulnerabilities. According to a report by Microsoft, enabling MFA can block over 99.9% of all automated account compromise attacks. With billions of stolen credentials for sale, it has become extremely important to adopt MFA as a basic security protocol. This applies not just to the healthcare industry but everywhere.

 

Vulnerability Management

Cyber criminals often exploit unpatched vulnerabilities in the IT infrastructure of their target organization to ensure the success of their attempt. Hence, it is imperative to make sure that all the security patches are updated regularly. Overlooking even a minuscule vulnerability in your organization’s security framework can have severe ramifications. Conducting periodic Vulnerability Assessment and Penetration Testing can significantly help you keep your company’s IT infrastructure free from any weaknesses, mitigating the risk of suffering a cyber attack.

 

Generating Awareness

Educating your staff about cyber risks and the ways to mitigate them is one of the most effective ways of meeting the challenges posed by the current cyber threat landscape. If every individual on staff is vigilant enough, it will be difficult for the threat actors to find an opening for an attack. Organizations can use innovative cyber security awareness tools like ThreatCop to train employees in the art of avoiding cyber attacks.

 

Backup Storage and Restoration

The best way to minimize damage caused by a cyber attack is to employ backup, offline storage and restoration. This standard security protocol is especially effective against ransomware attacks. If you are unable to prevent a cyber attack from hitting its mark in the first place, it is essential to have a plan. The next best course of action is to ensure that you have a reliable offline storage and restoration option.

 

To summarize, cyber security in healthcare is not just about protecting an organization but also protecting those they serve. Consequently, it is extremely important for healthcare providers to enforce strict security policies and keep evolving them according to the changing cyber threat landscape.

 

Top-down analysis of Phishing Simulator

The Importance of Phishing Simulator Tool

9 top anti-phishing tools and services | CSO Online

When it comes to the cybersecurity of any organization, phishing simulator should be considered as a top choice to train employees. A phishing simulation tool works as a proactive defense against phishing attacks for employees when it comes to the cybersecurity of an organization.

Phishing email test for employees is essential as they are the first choice of target of cyber attackers. Employees sit on the front lines of the ever-evolving email-based phishing threats, which makes them an easy target. In fact, phishing emails account for 94% of ransomware and have cost $132,000 per business in email compromise incidents.

In a report by a research lab, almost half of the emails are spam emails whereas, if there were 124 billion business emails exchanged every day in 2018, there is a wide scope of spoof emails to wade through and cause a potential for disaster.

Hackers have become more sophisticated and prevalent in their strategies in attempting phishing attacks. Users are required to be aware of the prevailing cyber threats and must be trained accordingly. Phishing email for employees helps them in making them proactive in recognizing malicious emails.

Reasons Why Employees Fall for Phishing Attacks

3 Reasons Employees Fall for Phishing Attacks - Protek Support

In the cybersecurity statistics of 2019, it was found that spear-phishing, under which cybercriminals choose specific targets, still seems to be the most preferred way that hackers choose to deploy cyber-attacks on organizations.

While employees are the weakest link in the cybersecurity chain of an organization, they tend to easily fall victim to email-based phishing attacks. Here are the three reasons that state why employees easily become the target of phishing attacks:

  1. Lack of knowledge regarding the phishing threat
  2. They are less proactive and reactive when it comes to cybersecurity
  3. Insufficient backup office processes

Most often, phishing emails come in disguise of a legitimate source which makes it more easy for cybercriminals to target users who generally do not pay close attention to such emails. According to a survey conducted on employees, around 60% of the respondents agreed on promptly opening emails from their boss. Phishers, on the other hand, find this as an exploitable vulnerability in employees. Regardless of scale and size, organizations must implement some standards and provide phishing training to their employees to avoid the near future cyber risks.

What is the Best Tool for Phishing Training? 

As cyber-risks are increasing day by day, companies and organizations are battling hard to keep up with their defenses. It’s high time for the organizations to provide phishing training to their employees so that they become more vigilant and strong against phishing attacks.

Recognized as the “Top-10” most innovative product of the year in 2017 – DSCI NASSCOM, this tool has proven to be the best phishing simulator for its remarkable features. This product comes with the following six simulation attack vectors:

  1. Phishing
  2. Ransomware
  3. Risk of Removable Media
  4. Cyber Scam
  5. Vishing
  6. Smishing

It is a complete suite of cybersecurity solutions in one product and holds the best features such as unlimited security attack simulation cycles, automated training campaigns, email-based phishing simulation attacks, hack record of employees to reduce cyber risks in an organization. If it’s better to be safe than sorry, then why not invest in the right tool at the right time?

“Cyber Security Awareness” – SMEs shield against cyber-attacks

In today’s world, cyber security infrastructure and awareness are prerequisites for the smooth running of almost every industry. It is mainly because cyber attacks have the potential to negatively affect an organization’s efficiency and output. Cyber security awareness is even more essential for small businesses as they are being plagued by a variety of cyber threats including cryptojacking, ransomware, phishing, password tracking attacks and advanced persistent threat attacks (APT).A Cybersecurity Guide for Small to Medium Businesses in 2021

The major reason for the presence of small businesses in the cyber criminals’ target range is the low complexity of their cyber security infrastructure. Reportedly, the most common challenges faced by a small business emanate from employees’ negligence. With limited resources and less complex infrastructure, generating awareness is the only way for small businesses to safeguard themselves against cyber threats.

 

According to National Cyber Security Coordinator Rajesh Pant, “To know how to defend yourself or your organization, it is important to understand how the attacks happen and what methodology do cyber attackers use to harm organizations.

Risks Faced by Small Businesses Due to Inefficient Cyber Security Management

COVID-19 Cybersecurity: Small and Medium Enterprises in Peril

Gauging the vulnerabilities and leakages in any particular department is difficult until and unless it is put to test. In absence of such introspection, a small business risks losing a lot of valuable time and money. The major risks faced by small businesses include-

 

  1. Cyber attackers can steal an employee’s credentials to carry out a number of criminal activities like identity theft and targeted spear-phishing attacks. They can also use these stolen credentials to access your company’s corporate network.
  2. A compromised cyber security infrastructure can lead to a data breach and the loss or exposure of sensitive information.
  3. Successful payment frauds or theft of sensitive bank details and passwords can result in substantial monetary losses for the company and its employees.
  4. Recovery from a cyber attack including the costs of cleaning up the systems can serve as a huge financial hit.
  5. Damaged reputation and the loss of customer base are other major consequences of suffering a cyber attack.

Top 5 Small Business Cybersecurity Threats in 2021

Upping the Ante

 

Adopting the best cyber security practices has become a vital step for all small businesses to stay afloat. The following are some effective measures that small business organizations can take to secure their data and systems-

 

  1. Deploy cyber security awareness tools where employees are subjected to a cyber attack drill and their reaction towards such a dummy attack is recorded and analyzed. These dummy attacks involve different attack vectors and customized templates to generate cyber security awareness.
  2. Regularly upgrade the already existing cyber security infrastructure to a more complex one.
  3. Use VAPT services to identify the vulnerabilities in your organization’s cyber security infrastructure and correct them as soon as possible.
  4. Remove the software and hardware that is no longer in use to prevent it from getting corrupted. Along with this, update the already existing software regularly.
  5. Employ cyber security experts who are equipped with the knowledge of dealing with cyber attacks in minimum reaction time.
  6. Restrict or ban the use of removable media in the organization to secure its digital infrastructure.
  7. Make sure the data is encrypted while posting any of it online, allowing only authorized users to access it.
  8. Restrict data access to a bare minimum for preventing data breaches and insider threats.

 

According to the trends observed globally, small business organizations bear the major brunt of cyber attacks as they don’t have sufficient reactionary capacity to defend themselves against such attacks. As recovering from a successful cyber attack can be an uphill task,  cyber security awareness for the employees takes a front seat in such respect along with the review of the organization’s level of preparedness and reaction time.

Phishing: Don’t Take the Bait!

What can be the cruelest but most effective way to test your employees if they are aware of the risks and preventions of a phishing attack? Godaddy, the world’s largest domain registrar and web-hosting company, simulated a phishing test for employees to increase alertness levels against phishing attacks.

On December 14, an email tucked underneath the snowflake banner with the words “GoDaddy HOLIDAY PARTY” from “Happyholiday@Godaddy.com” was sent to hundreds of Godaddy employees offering a holiday bonus. The message in the email said, “2020 has been a record for GoDaddy, thanks to you!

What Are the Latest Phishing Scams to Watch for in 2020? | Technology Visionaries LLC

Though we cannot celebrate together during our annual Holiday Party, we want to show our appreciation and share a $650 one-time Holiday bonus!” it further added.

To ensure that the recipients receive the bonus, they were asked to fill in the personal details by December 18. But instead of receiving the bonus, two days later, almost 500 employees received an email from the company’s Chief Security Officer, Demetrius Comes.

Though many criticized the bonus offer in GoDaddy’s test as insensitive, companies do organize phishing simulation tests to educate employees on cybersecurity.

 

GoDaddy is not the first company this year to provide phishing email awareness for employees. Earlier this year, Tribune Publishing, a giant newspaper company in America, sent out a similar phishing email to the employees.

The email circulated by several employees on Twitter said the company was providing targeted bonuses between $5,000 to $10,000. Only to find out later that it was a phishing test sent from the company.

 

Why Should Organizations Run ‘Employee Phishing Test’?

Imagine the consequences, if GoDaddy’s phishing test was not a test but a real phishing attack from a hacker! Roughly 500 employees failed the test, so, almost 500 of them would have submitted their personal information to hackers. This could have led to a complete disaster for the company.

The scariest thing about that GoDaddy phishing test story - Domain Name Wire | Domain Name News

Providing this kind of real scenario phishing attacks helps employees understand what the falsified email might look like. And how it can trick them into falling for the scam by offering some incentive or creating a sense of urgency. The test helps the employees in recognizing phishing emails as well as to avoid and report it.

 

According to phishing statistics 2020,  97% of the users are unable to recognize a sophisticated phishing email. This is probably why phishing attacks, Business Email Compromise (BEC) attacks and other email-based attacks are rapidly increasing every passing year. In fact, BEC attacks yielded the most profit for cybercriminals in 2020!

 

How to Detect Phishing Attacks?

Phishing attacks today have evolved and become more sophisticated than ever before. These attacks are becoming increasingly difficult to differentiate between a legitimate email and a fake email. But here are a few ways that your organization can follow to detect phishing attacks and protect your organization and the employees against phishing attacks:

 

  • Email domain name

It is advisable to always check the name, email address and make sure no alterations (additional letters or numbers) have been made in the email domain or the email address. For example, a legitimate email address might be john@business.com but an altered email address can be john@busineess.com or john@busiiness.com. If you are receiving an email from an unknown organization then you can also check the organization’s domain name by writing the company’s name in a search engine like google.

 

  • Sensitive information and sense of urgency

A legitimate company or any government agency would never ask you to send your sensitive information over email. So, if an organization is asking you to send your credentials or personal information like username or password through email, it is recommended to not send it and get the mail verified personally. Moreover, most of the time scammers create a sense of urgency. Just because if there is not much time left then you don’t have enough time to think or cross-check. But you do not want to be in a hurry when it comes to losing your personal information.

 

  • Poor spellings and grammatical errors

You can often spot a phishing email if it contains poor spelling and grammar errors in the message. Legitimate companies have qualified and trained employees to write emails and the emails are double-checked before the emails are sent out to their staff or clients. So, if a message has poor spelling or grammar errors, it’s always better to cross-check if the email is from a legitimate company.

 

  • Too good to be true or designed to make you panic

It is common for phishing emails to offer a coupon for free stuff or to instill panic. The email message will either be offering some rewards which you were not expecting or will create panic by claiming that your account is compromised. To receive the reward or to secure your compromised account, you will need to verify you are the legitimate person by either giving out your credentials or by entering your login details. The common goal of both messages is to get your credentials or personal information.

 

  • Suspicious links or attachments

Phishing emails come in many different forms but no matter how the email is delivered to you, it always comes with a gateway. It can either be a link to redirect you to a bogus website or an attachment that you are asked to download. No legit companies will randomly send you links or attachments and if they want you to download something then it will be from the official website.

 

How to Prevent Phishing Attacks?

Your email spam filters might help you keep away numbers of phishing emails from landing into your inox but malicious actors are constantly finding ways to outsmart spam filters. So, it is highly recommended to add extra layers of protection against phishing attacks. Here are some precautious steps your organization can implement:

10 Tips on How to Prevent Phishing Attacks on Your Personal Data

  1. Protect the devices by keeping the software up to date with the latest security updates and patches.
  2. Enforce strong password policy, passwords that are not easily guessed and avoid sharing passwords to elude the risks of password sharing at work.
  3. Add an extra layer of security for the password with multi-factor authentication.
  4. Encourage your employees to report suspicious emails with tools like Threat Alert Button.
  5. Routine backup the confidential or important data in an external hard drive or cloud storage and also encrypt all sensitive company information.

 

There are multiple steps your organization can take to prevent email phishing attacks, however, it is important that your employees recognize the phishing emails.

 

Your organization must get a regular VAPT service in order to identify cybersecurity vulnerabilities and threats. It is a must to implement tools like KDMARC to prevent your email domain against domain forgery and protect your brand.

 

These services and tools help your organization in safeguarding against cyberattacks and it is highly recommended that you continue. But all it takes is one untrained employee to be tricked by a phishing attack to give away all the information.

 

The most effective way to educate employees is to provide cybersecurity training with tools to make them aware of the latest cyberattacks including phishing. It will not only provide them with the knowledge of most of the common cyberattacks happening worldwide but will also help them to avoid them.

 

You can also provide security awareness email samples and phishing awareness emails to employees. It can be done regularly or periodically but to remind them of how it looks and what they should look out for.

 

Making sure your organization and the employees strictly follow the cybersecurity protocols is the best way. In fact, it is the best possible way out to protect your organization against cyber threats.

 

You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time.” – Abraham Lincoln

 

The malicious actors have succeeded in fooling the employees to give out personal information. They have even succeeded in jeopardizing an organization’s network and IT infrastructure. But it’s up to you if these threats shouldn’t harm your organization in the present or in the future by taking the right steps!

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