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by titanadmin | Aug 12, 2022 | Phishing & Email Spam, Security Awareness |
Business Email Compromise (BEC), also known as Email Account Compromise (EAC), is one of the most financially damaging types of cyberattacks, and attacks have been increasing. These attacks involve gaining access to business email accounts, often the email account of the CEO or CFO, and using those accounts to send emails to staff that has responsibility for making payments and tricking them into wiring funds to an attacker-controlled account. The attacks can also be conducted to make changes to payroll information to get employees’ salaries deposited to attacker-controlled accounts.
BEC scams have resulted in losses in excess of $43 billion over the past 5 years according to the Federal Bureau of Investigation (FBI), and that is just complaints submitted to its Internet Crime Complaint Center (IC3). In 2021 alone, almost $2.4 billion in losses to BEC attacks were reported to IC3.
Anatomy of a BEC Attack
BEC attacks require considerable effort by threat actors, but the rewards from a successful attack are high. BEC attacks often see fraudulent transfers made for hundreds of thousands of dollars and in some cases several million. Companies are researched, individuals to target are identified, and attempts are made to compromise their accounts. Accounts can be compromised through phishing or brute force attempts to guess weak passwords.
With access to the right email accounts, the attacker can study the emails in the account. The usual communication channels can be identified along with the style of emails that are usually sent. The attacker will identify contracts that are about to be renewed, invoices that will soon be due, and other regular payments to try to divert. Timely and convincing emails can then be sent to divert payments and give the attacker sufficient time to move the funds before the scam is uncovered.
A recent report from Accenture suggests the rise in ransomware attacks is helping to fuel the rise in BEC attacks. Ransomware gangs steal data before encrypting files and publish the data on their data leak sites. The stolen data can be used to identify businesses and employees that can be targeted, and often includes contract information, invoices, and other documents that can cut down on the time spent researching targets and identifying payments to divert. Some ransomware gangs are offering indexed, searchable data, which makes life even easier for BEC scammers.
How to Improve Your Defenses Against BEC Attacks
Defending against BEC attacks can be a challenge for businesses. Once an email account has been compromised, the emails sent from the account to the finance department to make wire transfers can be difficult to distinguish from genuine communications.
Use an Email Security Solution with Outbound Scanning
An email security solution such as SpamTitan can help in this regard, as all outbound emails are scanned in addition to inbound emails. However, the key to blocking attacks is to prevent the email accounts from being compromised in the first place, which is where SpamTitan will really help. SpamTitan protects against phishing emails using multiple layers of protection. Known malicious email accounts and IP addresses are blocked, other checks are performed on message headers looking for the signs of phishing, and the content of the emails is checked, including attachments and embedded hyperlinks. Emails are checked using heuristics and Bayesian analysis to identify irregularities, and machine learning helps to identify messages that deviate from the normal emails received by a business.
Implement Robust Password Policies and MFA
Unfortunately, it is not only phishing that is used to compromise email accounts. Brute force tactics are used to guess weak passwords or credentials stuffing attacks are performed to guess passwords that have been used to secure users’ other accounts. To block this attack vector, businesses need to implement robust password policies and enforce the use of strong passwords. Remembering complex passwords is difficult for employees, so a password manager solution should be used so they don’t need to. Password managers suggest complex, unique passwords, and store them securely in a vault. They autofill the passwords when they are needed so employees don’t need to remember them. If email account credentials are compromised, they can be used to remotely access accounts. Multifactor authentication can stop this, as in addition to a password, another form of authentication must be provided.
Provide Security Awareness Training to the Workforce
Providing security awareness training to the workforce is a must. Employees need to be taught how to recognize phishing emails and should be trained on cybersecurity best practices. If employees are unaware of the threats they are likely to encounter, when the threats land in their inboxes or are encountered on the web, they may not be able to recognize them as malicious. Training should be tailored for different users, and training on BEC attacks should be provided to the individuals who are likely to be targeted: the board, finance department, payroll, etc.
Security awareness should be accompanied by phishing simulations – fake, but realistic, phishing emails sent to the workforce to test how they respond. BEC attacks can be simulated to see whether the scams can be recognized. If a simulation is failed it can be turned into a training opportunity. These campaigns can be created, and automated, with the SafeTitan Security Awareness Training and Phishing Simulation Platform.
Set Up Communication Channels for Verifying Transfer Requests
Employees responsible for making wire transfers or changing payroll information should have a communication channel they can use to verify transfers and bank account changes. Providing them with a list of verified phone numbers will allow them to make a quick call to verify changes. A quick phone call to verify a request can be the difference between an avoided scam and a major financial loss.
Speak to TitanHQ about Improving Your Defenses Against BEC Attacks
TitanHQ offers a range of cybersecurity solutions for blocking email and web-based cyber threats. For more information on SpamTitan Email Security, WebTitan Web Filtering, and SafeTitan Security Awareness Training, give the TitanHQ team a call. All solutions are quick and easy to set up and use, and all have been developed to make it easy for MSPs to offer these cybersecurity solutions to their clients. With TitanHQ solutions in place, you will be well protected from phishing, malware, ransomware, botnets, social engineering, and BEC attacks.
by titanadmin | Aug 9, 2022 | Phishing & Email Spam, Security Awareness |
Phishing is mostly conducted via email; however, a recent data breach at the cloud communication company Twilio demonstrates that phishing can be highly effective when conducted using other popular communication methods, such as SMS messages.
An SMS phishing attack – known as SMiShing – involves sending SMS messages with a link to a malicious website with some kind of lure to get people to click. Once a click occurs, the scam progresses as an email phishing attack does, with the user being prompted to disclose their credentials on a website that is usually a spoofed site to make it appear genuine. The credentials are then captured and used by the attacker to remotely access the victims’ accounts.
Twillio provides programmable voice, text, chat, video, and email APIs, which are used by more than 10 million developers and 150,000 businesses to create customer engagement platforms. In this smishing attack, Twilio employees were sent SMS messages that appeared to have been sent by the Twilio IT department that directed them to a cloned website that had the Twilio sign-in page. Due to the small screen size on mobile devices, the full URL is not displayed, but certain keywords are added to the URLs that will be displayed to add realism to the scam. The URLs in this campaign included keywords such as SSO, Okta, and Twilio.
According to Twilio EMEA Communications director, Katherine James, the company detected suspicious account activity on August 4, 2022, and the investigation confirmed that several employee accounts had been accessed by unauthorized individuals following responses to the SMS messages. The attackers were able to access certain customer data through the Twilio accounts, although James declined to say how many employees were tricked by the scam and how many customers had been affected.
Twilio was transparent about the data breach and shared the text of one of the phishing emails, which read:
Notice! [redacted] login has expired. Please tap twilio-sso-com to update your password!
The text messages were sent from U.S. carrier networks. Twilio contacted those companies and the hosting providers to shut down the operation and take down the malicious URLs. Twilio said they were not the only company to be targeted in this SMS phishing campaign, and the company worked in conjunction with those other companies to try to shut the operation down; however, as is common in these campaigns, the threat actors simply switch mobile carriers and hosting providers to continue their attacks.
The smishing attack and data breach should serve as a reminder to all businesses of the risk of smishing. Blocking these types of phishing attacks can be a challenge for businesses. The best starting point for improving your defenses is to provide security awareness training for the workforce. Security awareness training for employees usually has a strong emphasis on email phishing, since this type of phishing is far more common, but it is important to also ensure that employees are trained on how to recognize phishing in all its forms, including smishing, social media phishing, and voice phishing – vishing – which takes place over the telephone.
The easiest way to do this is to work with a security vendor such as TitanHQ. TitanHQ offers a comprehensive security awareness training platform – SafeTitan – with an extensive range of training content on all aspects of security, including smishing and voice phishing. The training content is engaging, interactive, and effective at improving cybersecurity understanding, and SafeTitan is the only security awareness training platform that delivers training in real-time in response to the behavior of employees. The platform also includes a phishing simulator for automating simulated phishing tests on employees.
For more information about improving security awareness in your organization, contact TitanHQ today.
by titanadmin | Jul 26, 2022 | Industry News, Phishing & Email Spam, Spam Advice, Spam News, Spam Software |
TitanHQ has announced an update has been made to its flagship anti-phishing solution, SpamTitan Plus. The new enhancements have been added to the predictive phishing detection capabilities of SpamTitan Plus to help users block personalized URL attacks.
Phishing attacks on businesses have become much more sophisticated and new tactics are constantly being developed to evade standard email security solutions. While commercial email security solutions perform well at identifying and blocking spam emails, achieving detection rates in excess of 99%, blocking phishing emails is more of a challenge and many phishing threats sneak past email security solutions and are delivered to inboxes.
One of the ways that cyber threat actors bypass email security solutions is by creating personalized URLs for their phishing emails. One of the methods used by email security solutions for blocking phishing URLs is a real-time blacklist of known malicious URLs and IP addresses. If an email is sent from an IP address that has previously been used to send spam or phishing emails, the IP address is added to a blacklist and all emails from that IP address will be blocked. The URLs in phishing campaigns are set up and massive email runs are performed. When those URLs are detected as malicious, they are also added to a blacklist and will be blocked by email security solutions.
However, it is becoming increasingly common for personalized URLs to be used. These URLs can be personalized for the targeted organizations at the path and parameter level, and since a unique URL is used in each attack, standard anti-phishing measures such as blacklists are ineffective at detecting these URLs as malicious. That means the emails containing these malicious URLs are likely to be delivered to inboxes and can only be blocked after they have been delivered. That typically means an employee needs to report the email to their security team, and the security team must then act quickly to remove all phishing emails in that campaign from the email system. That process takes time and there is a risk that the links in the emails could be clicked, resulting in credential theft or malware infections. Most of the phishing detection feeds that are used by email security solutions do not gather the necessary intelligence to be able to inform customers of the level at which a phishing campaign should be blocked. SpamTitan Plus, however, does have that capability.
“With predictive phishing detection, SpamTitan Plus can now combat automated bot phishing,” said Ronan Kavanagh, CEO of TitanHQ. “At TitanHQ we always strive to innovate and develop solutions that solve real-security problems and provide tangible value to our customers. The end goal is to have our partners and customers two or three steps ahead of the phishers and cybercriminals.”
SpamTitan Plus
SpamTitan Plus is an AI-driven anti-phishing solution that is capable of blocking even the newest zero-day phishing threats. The solution has better coverage than any of the current market leaders and provides unparalleled time-of-click protection against malicious hyperlinks in phishing emails, with the lowest false positive rate of any product. SpamTitan Plus benefits from massive clickstream traffic from 600+ million users and endpoints worldwide, which sees the solution block 10 million new, never-before-seen phishing and malicious URLs a day.
The solution protects against URL-based email threats including malware and phishing, performs predictive analyses to identify suspicious URLs, URLs are rewritten to protect users, real-time checks are performed on every click, and the solution includes 100% of all current market-leading anti-phishing feeds. That translates into a 1.5x increase in unique phishing URL detections, 1.6x faster phishing detections than the current market leaders, and 5 minutes from initial detection of a malicious URL to protecting all end user mailboxes.
For more information about the best phishing solution for businesses, give the TitanHQ team a call today. Current users of SpamTitan Plus already have these new capabilities added, at no additional cost.
by titanadmin | Jul 13, 2022 | Email Scams, Phishing & Email Spam, Security Awareness |
A new phishing campaign is being conducted that abuses trust in cybersecurity companies. The campaign uses scare tactics to get company employers to pick up the phone and speak to the cybersecurity vendor about a recently detected data breach and potential workstation compromise.
It is becoming increasingly common for phishing scams to involve initial contact via email with requests to make a call. This tactic is often used in tech support scams, where victims are convinced they have a malware infection or another serious security issue on their device, and they are tricked into downloading malicious software such as Remote Access Trojans (RATs).
RATs give the attackers access to the user’s computer, and that access can be abused by the attacker or the access can be sold to other threat groups such as ransomware gangs. Affiliates of ransomware-as-a-service operations may use this technique to conduct attacks and are then paid a percentage of any ransom payments they generate.
In this campaign, the impersonated companies are very well-known providers of enterprise security solutions, such as CrowdStrike, and the emails are very well written and convincing. They claim that a data breach has been detected that affected the part of the cybersecurity provider’s network associated with the customer’s workstation and warns that all workstations on the network may have been compromised. As such, the cybersecurity company is conducting an audit.
The emails claim that the cybersecurity vendor has reached out to the IT department, which has instructed the vendor to contain individual users directly. The emails claim that the audit is necessary for compliance with the Consumer Privacy Act of 2018 (CCPA) and other regulations and that the agreement between the targeted individual’s company and the cybersecurity vendor allows it to conduct regular audits and security checks. A phone number is provided for the individual to make contact, and the email includes the correct corporate logo and genuine address of the cybersecurity vendor.
CrowdStrike reports that a similar scam has been conducted by the Wizard Spider threat group, which was responsible for Ryuk ransomware attacks. That campaign delivered BazarLoader malware, which was used to deliver the ransomware payload.
This type of phishing attempt is known as callback phishing. This technique can be effective at bypassing email security solutions since the emails contain no malicious content – There are no hyperlinks and no file attachments. This scam highlights the importance of conducting security awareness training on the workforce to help employees identify and avoid phishing scams.
How TitanHQ Can Help
TitanHQ provides a range of security solutions for blocking phishing attacks, including SpamTitan Email Security, WebTitan DNS Filtering, and the SafeTitan Security Awareness and Phishing Simulation Platform.
SafeTitan has an extensive library of interactive, gamified, and engaging training content for improving security awareness of the workforce, including phishing and the full range of cyberattacks that employees are likely to encounter. The training is delivered in easily assimilated modules of no more than 8 to 10 minutes, and training can be delivered in real-time in response to risky user behaviors to nip bad security practices in the bud. The platform also includes hundreds of phishing templates for conducting and automating phishing simulations on the workforce, to gain insights into the individuals who are susceptible to phishing attacks and any knowledge gaps.
For more information on improving your defenses against phishing attacks, review our solutions in the links at the top of this page or give the team a call. Products are available on a free trial and demonstrations can be arranged on request.
by titanadmin | Jul 13, 2022 | Phishing & Email Spam, Security Awareness |
Phishing can take many forms and while email is the most common vector used in these scams, other types of phishing such as voice phishing (vishing), SMS phishing (Smishing), and social media phishing increasing. In particular, there has been a recent spike in social media phishing attempts.
The threat from email phishing can be greatly reduced with an email security solution; however, these solutions will do nothing to block vishing, smishing, and social media phishing attempts. Businesses can improve their defenses by also using a DNS filtering solution. DNS filters block attempts to visit malicious websites and work in tandem with email security solutions to block email phishing and can also block the web-based component of smishing attacks and social media phishing to a certain extent. Unfortunately, since the social media networks where phishing takes place are not malicious websites, it will not prevent people from encountering phishing attempts.
This is why security awareness training is so important. Security awareness training gives employees the skills they need to recognize and avoid phishing attempts, no matter where the phishing attack is conducted. By training the workforce on security threats, risky behaviors can be eradicated, and employees can be taught the signs of phishing to look out for. The SafeTitan Security Awareness Training platform also delivers training in real-time, in response to risky behaviors by employees. This ensures training is delivered instantly when risky behavior is detected and training is likely to have the greatest benefit.
Social Media Phishing
Two social media phishing campaigns have recently been identified by researchers at Malwarebytes, the goal of which is to obtain the credentials for social media accounts. If the credentials are disclosed, the attacker can access the victim’s account and use it to conduct further attacks on the victim’s followers. If the credentials for a corporate social media account are stolen, attacks could be conducted on all the company’s followers. These attacks abuse the trust customers have in the company. The two campaigns have been conducted on Twitter and Discord users. Both use social engineering to trick people into disclosing their account credentials.
Twitter Phishing Campaign
In the Twitter campaign, the scammer sends a direct message to the user informing them that their account has been flagged for hate speech and threatens an immediate suspension of the account unless action is taken. The user is told that they must authenticate the account via the Twitter Help Center, a link for which is provided in the message. The link directs the user to a phishing page that spoofs Twitter where they are asked to log in. If they do, their credentials will be captured.
Discord Phishing Campaign
The Discord campaign sees a message sent from either a contact of the victim using a compromised Discord account or from strangers. The account owner is accused of disseminating explicit photographs and the sender says they are going to block the account until an explanation is provided. A link is provided to a server where the recipient has allegedly been named and shamed. If the message recipient tries to respond to the message, their message will not be sent as they will have been blocked, increasing the likelihood of their clicking the link to the server.
Victims are required to log in via a QR code and once they have attempted that they are locked out of their accounts, which are then under the full control of the scammer. The scammer is then free to use the legitimate account to continue their scam on all the victims’ contacts. Social media scams such as these try to scare or shame users into responding. This tactic can be very effective, even if the user has never said a bad word on Twitter or sent an explicit photograph to anyone on Discord.
Other Social Media Phishing Campaigns
Phishing can – and does – occur on all social media platforms. One scam that has proven successful targets Instagram users and offers them the verified Instagram badge. In order to receive the badge, they are required to log in to verify their identity, naturally via a malicious link. Doing so will allow the scammer to take full control of the user’s Instagram account.
It is a similar story on LinkedIn. One of the most common scams involves impersonating a company and sending a message to an individual about a job offer, or a message suggesting they have been headhunted. Fake connection requests are also common. In this scam, the user is provided with a link to a scam site that spoofs LinkedIn and again is conducted to harvest credentials.
On Facebook, phishing scams are rife but often they seem innocuous. If you use Facebook, you will no doubt have seen countless posts asking site users to determine their band name, porn star name, pirate name, etc., by providing information such as the month and year of birth. Posts asking what was your first car? Where did you grow up? What was your favorite teacher’s name? and many more do not seek credentials, but the information disclosed can be used to answer security questions that are asked in order to recover accounts. These scams also make brute force attacks to guess passwords so much easier.
Dangers of Social Media Phishing
The loss of access to a social media account may not be the end of the world and is likely far better than having a bank account emptied, but the damage caused can be considerable. Many small businesses rely on social media for publicity and generating sales, and the loss of an account or scamming of customers can be devastating. The passwords used for social media accounts are often reused across multiple platforms. Scammers often conduct credential stuffing attacks on other platforms and accounts using the same password. Fall victim to a social media phishing scam and many other accounts could be compromised.
Blocking social media phishing attacks can be a challenge. You should also ensure that two-factor authentication is enabled on social media accounts, consider restricting who can send direct messages to your account, and who can view your profiles. If you encounter a scam, be sure to report it.
For businesses, employees with access to corporate social media accounts should be given specific training on social media phishing to ensure they can recognize and avoid phishing scams. The SafeTitan Security Awareness Training platform makes this simple and helps businesses instantly correct risky behaviors through the automated delivery of a relevant training course in real-time. The platform has a wealth of engaging, gamified training content and a phishing simulation platform for testing resilience to phishing attacks.
For more information on SafeTitan and improving your phishing defenses through the use of an email security solution and DNS filtering, give the TitanHQ team a call today.
by titanadmin | Jul 12, 2022 | Email Scams, Phishing & Email Spam |
Microsoft previously announced a new security feature that would see VBA macros automatically blocked by default, but there has been a rollback in response to negative feedback from users.
Phishing emails are commonly used for malware delivery which contain links to websites where the malware is hosted or by using malicious email attachments. Word, Excel, Access, PowerPoint, and Visio files are commonly attached to emails that include VBA macros. While there are legitimate uses for VBA macros, they are often used for malware delivery. When the documents are opened, the macros would run and deliver a malware loader or sometimes the malware payload directly.
Office macros have been used to deliver some of the most dangerous malware variants, including Emotet, TrickBot, Qakbot, Dridex. To improve security, in February 2022, Microsoft announced that it would be blocking VBA macros by default. If macros are blocked automatically, it makes it much harder for this method of malware delivery to succeed.
With autoblocking of macros, users are presented with a security alert if a file is opened that includes a VBA macro. When opening a file with a VBA macro, the following message is displayed in red:
“SECURITY RISK: Microsoft has blocked macros from running because the source of this file is untrusted.”
The user would not be able to click the warning to override the blocking, instead, they would be directed to a resource that provides further information on the risk of enabling macros. They would have the option of ignoring the warning but would be strongly advised not to. Previously, a security warning was displayed in a yellow warning box that says, “Security Warning: Macros have been disabled.” The user would be presented with a prompt to Enable Content, and thus ignore the warning.
Microsoft had rolled out this new security feature, but recently Windows users started to notice that the new security warning was no longer being displayed, instead, Microsoft appeared to have rolled back to its previous system without announcing it was doing so.
Microsoft did confirm that it is rolling back this security feature and that an update announcing that has been planned; however, it had not been announced before the rollback started. The process has been heavily criticized, not for the rollback itself (although there has been criticism of that), but for starting the rollback without first making an announcement.
Microsoft said the rollback was due to negative feedback it had received, but it is not known at this stage which users had complained. It is suspected that the change posed a problem for individuals who commonly use VBA macros, and the automatic blocking made the process of running macros cumbersome. Most SMB users, however, do not deal with macros frequently, so the rollback means a reduction in security.
It took several days for Microsoft to confirm that the rollback is temporary and that it was necessary to make changes to improve usability. Microsoft said it is still committed to blocking macros by default for users. So, while this is a U-turn, it is just a temporary one.
While automatically blocking macros is important to improve security, it is still strongly recommended to implement a robust email security solution, as macros are not the only way that malware is delivered via email. Also, blocking macros will do nothing to stop phishing emails from being delivered.
With SpamTitan Email Security, phishing and malware threats can be easily blocked. For more information, give the TitanHQ team a call.
by titanadmin | Jun 29, 2022 | Phishing & Email Spam, Security Awareness |
Cybercriminals are constantly changing tactics and lures in their phishing campaigns, so it is no surprise to see a new technique being used by affiliates of the Lockbit ransomware-as-a-service operation. A campaign has been identified by researchers at AhnLab in Korea that attempts to deliver a malware loader named Bumblebee, which in turn is used to deliver the LockBit 2.0 ransomware payload.
Various lures are used in phishing campaigns for delivering malware loaders, with this campaign using a warning about a copyright violation due to the unauthorized use of images on the company’s website. As is common in phishing emails, the emails contain a threat should no action be taken – legal action. Emails that deliver malware loaders either use attached files or contain links to files hosted online. The problem with attaching files to emails is they can be detected by email security solutions. To get around this, links are often included. In this case, the campaign uses the latter, and to further evade detection, the linked file is a password-protected archive. This is a common trick used in malware delivery via email to prevent the file from being detected as malicious by security solutions, which are unable to open the file and examine the contents. The recipient of the message is provided with the password to open the file in the message body.
The password-protected zip file contains a file that masquerades as a PDF file, which the user is required to open to obtain further information about the copyright violation. However, a double file extension is used, and the attached file is actually an executable file, which will deliver the Bumblebee loader, and thereafter, LockBit 2.0 ransomware.
These types of phishing attacks are all too common. Believable lures are used to trick people into taking the requested action, a threat is included should no action be taken, and multiple measures are used to evade security solutions. Any warning about a copyright violation must be taken seriously but as with most phishing emails, there are red flags in this email that suggest this is a scam. Security-aware employees should be able to recognize the red flags and while they may not be able to confirm the malicious nature of the email, they should report such messages to their IT department or security team for further investigation. However, in order to be able to identify those red flags, employees should be provided with security awareness training.
Through regular training employees will learn the signs of phishing emails, can be conditioned to always report the emails to their security team, and can be kept abreast of the latest tactics used in phishing emails for malware delivery. It is also recommended to conduct phishing simulations to test whether employees are being fooled by phishing attempts. If employees fail phishing simulations it could indicate issues with the training course that need to be addressed, or that certain employees need to be provided with additional training. Through regular security awareness training and phishing simulations, businesses can create a human firewall capable of detecting phishing attempts that bypass the organization’s email and web security defenses.
TitanHQ can provide assistance in this regard through the SafeTitan Security Awareness Training and Phishing Simulation Platform – Further information on the solution can be found here.
by titanadmin | Jun 17, 2022 | Industry News |
Following on from being included in the Expert Insights’ list of the Top 100 Most Innovative Cybersecurity Companies of 2022, TitanHQ has been named a finalist in the 2022 CompTIA UK Spotlight Awards in the Innovative Vendor Award Category.
The Computing Technology Industry Association (CompTIA) is an advocate for the $5 trillion global information technology ecosystem and the estimated 75 million professionals who design, implement, manage, and safeguard the technology that powers the world’s economy.
CompTIA provides education, training, certifications, philanthropy, and market research and promotes industry growth, the development of a highly-skilled workforce, and the creation of an environment where innovation happens and opportunities are made possible through technology that is available to all.
Every year, CompTIA recognizes individual and organizational excellence in the UK tech industry through the CompTIA UK Spotlight Awards, which took place on June 16 at the CompTIA UK Business Technology Community Meeting, in Bristol.
TitanHQ is delighted to have been named a finalist at this year’s awards and to be recognized for its innovative cybersecurity solutions that are helping SMBs and Managed Service Providers defend against increasingly sophisticated cyber threats.
Over the past 12 months, TitanHQ has enjoyed excellent growth, has brought in a wealth of new talent, and has released two innovative new cybersecurity solutions to its product portfolio: SpamTitan Plus and the SafeTitan Security Awareness and Phishing Simulation Platform.
SpamTitan Plus provides cutting-edge, industry-leading protection against zero-day phishing threats. The AI-driven anti-phishing solution has better coverage, a significant uplift in phishing link detections, and faster detection speeds, with the lowest false positive rate of any product. The solution includes updates from massive clickstream traffic of 600+ million users and endpoints worldwide, which protects against 10 million+ new, never-before-seen phishing and malicious URLs each day.
According to research, 97% of users fail to identify all phishing emails, so advanced phishing protection is essential. So too is security awareness training, to teach employees how to identify phishing and other threats and increase threat reporting rates to security teams.
TitanHQ now offers a comprehensive platform that businesses can use to train their employees to be security titans and create a human firewall to complement their technical anti-phishing safeguards. SafeTitan includes an extensive library of interactive, fun, and engaging training content, a phishing simulator, and is the only behavior-driven security awareness training platform that delivers security awareness training in real-time.
If you want to benefit from these new solutions and any of TitanHQ’s other innovative cybersecurity protects – DNS filtering, email encryption, and email archiving- contact TitanHQ today.
by titanadmin | Jun 8, 2022 | Industry News |
TitanHQ has collected several accolades already in 2022 for the full range of cloud-delivered solutions. The 2022 tally now includes recognition as one of the top 100 most innovative cybersecurity companies.
The Expert Insights’ Top 100 Most Innovative Cybersecurity Companies list was created to recognize the most innovative companies in cybersecurity – companies that develop highly innovative solutions to better protect businesses and consumers from increasingly sophisticated cyber threats. The Top 100 list is broken down into 12 different categories, with TitanHQ included in the Email and Messaging Security Category.
It is vital for businesses of all sizes to implement robust defenses to block email-based attacks. Email is the leading vector for malware delivery and phishing attacks are increasing in number and sophistication. As TitanHQ CEO, Ronan Kavanagh, pointed out, “The overwhelming feedback from our users and customer base has been that phishing attacks are becoming more advanced, proficient and dangerous. Phishing is the number one problem to solve in the email security community.”
TitanHQ’s SpamTitan suite of products provides cutting-edge, robust, and rapid protection against phishing attacks, malware threats, and other email-borne cyberattacks. In addition to the SpamTitan Gateway and SpamTitan Cloud solutions, TitanHQ recently released SpamTitan Plus, which provides best-in-class protection against phishing attacks, with the most comprehensive coverage of any solution, incorporating 100% of current market-leading anti-phishing feeds. That translates into 1.5x faster URL threat detection, 1.6x faster phishing detection than the current market leaders, and just 5 minutes from initial detection of malicious URLs to protecting all mailboxes.
“Over the past year, TitanHQ has significantly grown its global presence, strengthened its executive leadership team, and added to its product and services portfolio, all of which have contributed to our impressive placement on the 2022 Expert Insights’ Top 100 Most Innovative Cybersecurity Companies list,” said Kavanagh.
The latest accolade follows on from TitanHQ collecting no fewer than five Expert Insights’ ‘Best of’ Awards in the spring for SpamTitan Email Security, WebTitan DNS Filter, ArcTitan Email Archiving, with two awards for SafeTitan Security Awareness Training.
by titanadmin | May 26, 2022 | Security Awareness |
On June 7, TitanHQ, in partnership with the Oxford Cyber Academy, will be hosting a webinar to discuss employee cyber risks in growing organizations, and how to balance safety and agility.
Organizations are facing an increasing number of threats when trying to stay agile, competitive, and innovative in a digital world, and for small- and medium-sized businesses, those threats have significant potential to threaten growth. Businesses of all sizes are being targeted by cyber threat actors, and successful attacks can cause significant damage to a business’s hard-won market reputation and operations. Those threat actors target a common weak point in security defenses – employees. Digital security needs to be front and center of your continued innovation, but it can be a challenge to stay competitive whilst sustaining a cyber-savvy workforce. Help is at hand, however.
During this webinar, attendees will be provided with valuable information on the changing nature of the cyber threats facing small- and mid-sized businesses and will discover what they need to protect, what they have to lose if they fail to protect it, how to balance technology and human cyber risks, and how to improve employee security awareness and achieve measurable changes in employee behavior through easy, intuitive, personalized and targeted training that is delivered where it’s needed the most.
Join TitanHQ on June 7th where Nick Wilding, Neil Sinclair, Cyber Programme Lead, UK Police Crime Prevention Initiatives, and Richard Knowlton, Director of Security Studies at the Oxford Cyber Academy will discuss:
If you can’t make the event, register anyway and you will receive the webinar to watch on-demand at any time.
by titanadmin | May 18, 2022 | Industry News |
TitanHQ has recruited the popular channel veteran Tom Watson, who will serve as the company’s new Channel Chief to help bring profitable growth to all TitanHQ Managed Service Provider (MSP) partners.
TitanHQ is committed to serving the MSP community and channel and offers a wide range of cybersecurity solutions that have been developed from the ground up to meet the needs of MSPs. The TitanHQ product portfolio now includes best-in-class email security, DNS filtering, email archiving, email encryption, and security awareness training and phishing simulation solutions, that are easy to implement, manage, and fit seamlessly into MSP’s service stacks. The solutions are delivered through an MSP-centric platform to allow MSPs to provide defense-in-depth security solutions to their SMB and enterprise clients.
Demand from MSPs in North America for TitanHQ solutions has prompted a major expansion of US operations. TitanHQ is well aware that such tremendous growth must be supported by locally sourced experienced advisors such as Tom Watson. Tom brings considerable experience to TitanHQ, having previously owned an MSP business and served as Channel Chief at top-level vendors such as NinjaOne and Axcient. Tom will be based at TitanHQ’s new North American base in Shelton, Connecticut, where he will be working alongside locally sourced talent such as TitanHQ VP of Sales, Jeff Benedetti, and his North American team.
Tom has been tasked with managing TitanHQ’s MSP tradeshows, roadshows, and webinars, and will oversee the creation of a brand-new MSP partner program. “I see my role as being more of a liaison than anything,” said Tom, regarding his new position at TitanHQ. “TitanHQ already has a fantastic offering. You’ll be hearing me talk about that in the future. For now, I think it’s more important to highlight the commitments TitanHQ has made to the channel. This is a company that is 100% dedicated to making sure they serve the MSP community.”
Tom went on to explain the reason why he chose to join the TitanHQ team. “I’ve wanted to work for a rising cybersecurity company for quite a while now. Here I know I can use my skills and understanding of MSP operations, sales, and marketing to help MSPs succeed. Working together with TitanHQ we can give MSPs everything they need to provide quality cyber services to their clients.”
Everyone at TitanHQ is excited about Tom joining the company and the role he will play in ensuring TitanHQ remains the leading provider of cloud-based cybersecurity solutions to MSPs serving the SMB market by supporting growth in the North American market.
“As we continue to further expand into the North American market, introducing industry experts like Tom to our team is vital to allow us to continue to partner with MSPs looking for best in class cybersecurity solutions,” said TitanHQ CEO, Ronan Kavanagh. “We are thrilled to welcome Tom to the team, his wealth of experience working with the MSP sector will serve us well as we continue on our growth journey.”
by titanadmin | May 18, 2022 | Uncategorized |
A new malware-as-a-service operation has been identified named Eternity Project which is offering a modular malware with extensive capabilities, allowing threat actors to conduct a range of malicious activities based on the modules they pay for. The capabilities of the malware are being enhanced to include further modules. Currently, the threat group is offering an information stealer, clipper, miner, dropper, worm, and ransomware, with distributed-denial-of-service (DDoS) bots to be provided in an upcoming module.
The threat actors claim the stealer module will allow users to obtain passwords stored in multiple browsers, data from email clients, instant messaging services, password managers, VPN clients, gaming software, system credentials, cryptocurrency wallets, and more. The miner allows victim devices to become cryptocurrency mining slaves, the clipper allows data to be stolen from the clipboard, which specifically targets cryptocurrency wallets and replaces them with the threat actors’ crypto-wallet addresses, with the ransomware allowing data encryption, although no data exfiltration. The worm module allows the user to infect other devices on the network, with the dropper used to drop the payload of choice onto infected devices. The Eternity Project malware was analyzed by researchers at Cyble, who report that the malware is being offered via a Telegram channel which, at the time of publication, had over 500 subscribers, as well as on the threat group’s TOR website.
Malware-as-a-service operations such as the Eternity Project give unskilled hackers the capability to conduct a range of attacks that they would otherwise not be able to perform. According to Cyble, the malware modules are being offered from as little as $90 up to $490 for the most expensive module – ransomware. Those costs could easily be recovered from the capabilities provided. The methods used to distribute Eternity malware will depend on the capabilities of the threat actors that pay for the modules. Since multiple methods of distribution could be used, defending against Eternity malware and other malware-as-a-service offerings requires a defense-in-depth approach and for security best practices to be followed.
Email Security
Phishing remains the number one vector for delivering malware. Campaigns are easy and cheap to conduct, and phishing campaigns can be very effective. Email security solutions are fed threat intelligence and have anti-virus components, but many solutions rely on signature-based detection and are only effective at detecting known malware. Behavior-based detection methods are needed for detecting heavily obfuscated malware and zero-day threats. SpamTitan combines signature-based threat detection using dual AV engines and a Bitdefender-powered sandbox for identifying zero-day malware threats and allows the blocking of specified attachments such as zip files and executable files. SpamTitan protects against malicious links in emails and scans all inbound emails in real-time, using advanced threat protection methods such as Bayesian analysis, machine learning, greylisting, and heuristics which provide a market-leading 99.99% spam catch rate with a 0.003% false-positive rate
DNS Filtering
Defense-in-depth against phishing is critical for blocking malware threats. Protection can be significantly improved using DNS filtering. DNS filtering is used to block the web-based component of phishing attacks by providing time-of-click protection to prevent users from visiting malicious web pages linked in phishing emails. DNS filtering is used to filter out malicious websites by preventing users from visiting those sites when web browsing, blocking redirects to malicious sites, and category and keyword-based filters to control the content that users can access, preventing access to risky websites. DNS filters can also be used to block downloads of certain file types from the Internet, such as those associated with malware.
The WebTitan DNS Filter provides these capabilities without latency, and protections can be applied for users on or off the network, no matter where they access the Internet. WebTitan is fed threat intelligence from more than 500 million endpoints worldwide and provides AI-based protection against active and emerging phishing URLs and zero-minute threats.
Security Awareness Training & Phishing Simulations
Technical measures to block email and web-based threats are essential, but it is also important to provide security awareness training to the workforce on security best practices and to teach employees how to recognize and avoid threats such as phishing. Security awareness training should be provided regularly, and phishing simulations conducted to identify gaps in knowledge to allow them to be addressed before they can be exploited.
SafeTitan is the only behavior-driven security awareness solution that delivers security awareness training in real-time in response to specific user behaviors and includes an extensive library of training content that is delivered in easy-to-digest chunks for creating a human firewall to augment your technical cybersecurity measures.
Enforce Multifactor Authentication
Multifactor authentication should be implemented on all accounts and services to prevent compromised, stolen, or leaked credentials from being used to gain access to accounts. It is especially important to apply multifactor authentication to administrator accounts and for remote access services. Multifactor authentication requires an additional factor to be provided before access is granted, in addition to a password.
Backup Regularly
To protect against destructive malware attacks involving wipers and ransomware, it is essential to back up data regularly and to test backups to ensure that file recovery is possible. A good approach to take is the 3-2-1 method for backing up – make three copies, stored on at least two different media, and ensure that one copy is stored securely off-site. Backup files should also be encrypted.
Patch Promptly
You should ensure that updates for software and operating systems are applied promptly, with patching prioritized to address the most critical vulnerabilities first.
Change Default Credentials and Set Strong Passwords
Default credentials should be changed, as should the default configurations of off-the-shelf software and strong, unique passwords should be set to protect against brute force attacks. Threat actors can easily gain initial access to the network through brute force attempts to steal passwords, such as password spraying – using passwords compromised in previous data breaches.
by titanadmin | May 4, 2022 | Phishing & Email Spam, Security Awareness, Spam Software |
Phishing is commonly used to gain access to credentials to hijack email accounts for use in business email compromise (BEC) attacks. Once credentials have been obtained, the email account can be used to send phishing emails internally, with a view to obtaining the credentials of the main target. Alternatively, by spear phishing the target account, those steps can be eliminated.
If the credentials are obtained for the CEO or CFO, emails can be crafted and sent to individuals responsible for wire transfers, requesting payments be made to an attacker-controlled account. A common alternative is to target vendors, in an attack referred to as vendor email compromise (VEC). Once access is gained to a vendor’s account, the information contained in the email accounts provides detailed information on customers that can be targeted.
When a payment is due to be made, the vendor’s email account is used to request a change to the account for the upcoming payment. When the payment is made to the attacker-controlled account, it usually takes a few days before the non-payment is identified by the vendor, by which time it may be too late to recover the fraudulently transferred funds. While BEC and VEC attacks are nowhere near as common as phishing attacks, they are the leading cause of losses to cybercrime due to the large amounts of money obtained through fraudulent wire transfers. One attack in 2018 resulted in the theft of $23.5 million dollars from the U.S. Department of Defense.
In this case, two individuals involved in the scam were identified, including a Californian man who has just pleaded guilty to six counts related to the attack. He now faces up to 107 years in jail for the scam, although these scams are commonly conducted by threat actors in overseas countries, and the perpetrators often escape justice. The scam was conducted like many others. The BEC gang targeted DoD vendors between June 2018 and September 2018 and used phishing emails to obtain credentials for email accounts. An employee at a DoD vendor that had a contract to supply Aviation JA1 Turbine fuel to troops in southeast Asia for the DoD received an email that spoofed the U.S. government and included a hyperlink to a malicious website that had been created to support the scam.
The website used for the scam had the domain dia-mil.com, which mimicked the official dla.mil website, and email accounts were set up on that domain to closely resemble official email accounts. The phishing emails directed the employee to a cloned version of the government website, login.gov, which harvested the employee’s credentials. The credentials allowed the scammer to change bank account information in the SAM (System for Award Management) database to the account credentials of the shell company set up for the scam. When the payment of $23,453,350 for the jet fuel was made, it went to the scammers rather than the vendor.
Security systems were in place to identify fraudulent changes to bank account information, but despite those measures, the payment was made. The SAM database is scanned every 24 hours and any bank account changes are flagged and checked. The scammers learned of this and made calls to the Defense Logistics Agency and provided a reason why the change was made and succeeded in getting the change manually approved, although flags were still raised as the payment was made to a company that was not an official government contractor. That allowed the transfer to be reverted. Many similar scams are not detected in time and the recovery of funds is not possible. By the time the scam is identified, the scammers’ account has been emptied or closed.
The key to preventing BEC and VEC attacks is to deal with the issue at its source to prevent phishing emails from reaching inboxes and teach employees how to identify and avoid phishing scams. TitanHQ can help in both areas through SpamTitan Email Security and the SafeTitan security awareness training and phishing simulation platform. Businesses should also implement multifactor authentication to stop stolen credentials from being used to access accounts.
by titanadmin | Apr 27, 2022 | Phishing & Email Spam, Spam Software |
It took 10 months for the operators of the Emotet botnet to return after their botnet infrastructure was shut down in an international law enforcement operation, and then just a further 3 months for Emotet malware to regain its position as the most widely deployed malware.
According to Check Point, in March 2022, Emotet reestablished itself as the most widely distributed malware. Emotet has emerged like a phoenix from the flames, and infections have been soaring, with March seeing an astonishing increase in infections. Check Point says as many as 10% of all organizations globally were infected with Emotet in March, which is twice the number of infections the firm recorded in February.
Emotet first appeared in 2014 and was initially a banking Trojan; however, the malware has evolved considerably. Like many other banking Trojans, modules have been added to give the malware new functionality and today the malware is operated under the malware-as-a-service model, with access to Emotet-infected devices sold to other cybercriminal operations, which in the past has included the TrickBot operators and ransomware gangs.
In November 2021, 10 months after the botnet’s infrastructure was taken down, security researchers started reporting the resurrection of Emotet. The TrickBot operators helped to rebuild the Emotet botnet by using their malware to download Emotet as a secondary payload, and in the past couple of months, massive spamming campaigns have been launched to distribute Emotet which have proven to be highly successful. Emotet is also a self-propagating malware and the emails used to distribute it are convincing. One of the Emotet spam email campaigns being tracked by Kaspersky has been scaled up considerably, increasing 10-fold in just one month. That campaign is being used to distribute Emotet and the linked malware QBot. In February, Kaspersky intercepted 3,000 emails. In March, 30,000 emails were intercepted.
Like previous campaigns distributing Emotet, business email threads are hijacked and replies are sent to those messages that contain malicious hyperlinks or attachments. Since the messages come from trusted senders and appear to be responses to genuine messages, the chance of them attracting a click is high. This campaign highlights the importance of having an email security solution than conducts scans of outbound as well as inbound mail. Security Awareness training is also important to condition the workforce to constantly be on the lookout for potential threats, even when emails appear to have been sent internally from corporate accounts or other trusted senders.
Some of the spam email campaigns have revealed new tactics, techniques, and procedures (TTPs) are being tested to distribute the malware. This April, Microsoft started blocking macros in Office files downloaded from the Internet by default. This is a problem for threat actors that have previously relied on macros in Excel spreadsheets and Word documents to download their malware, so it is no surprise to see the Emotet operators changing their tactics to get around this.
One campaign has been identified that uses XLL files – a type of dynamic link library (DLL) file – rather than Excel and Word files. XLL files increase the functionality of Excel, and using these files gets around the problem of VBA macros being blocked. Emotet is known for large spamming campaigns; however, this campaign was conducted on a small scale, possibly to test its effectiveness. Should the campaign prove successful, it will likely be scaled up. In this campaign, the emails are linked to OneDrive, and if the link in the email is clicked, the XLL file is downloaded in a password-protected .zip file. The password to unlock the .zip file is provided in the message body.
Emotet is also being distributed via Windows shortcut files (.LNK). The Emotet operators have used this tactic in the past in combination with VBS code; however, this campaign does away with the VBS code, and instead, the .LNK files are used to directly execute PowerShell commands that download the Emotet payload.
Is likely that the operators will switch to new variants that have lower detection rates by AV engines, as has been done many times in the past, which is why it is important to have an email security solution that is not reliant on signature-based detection mechanisms. Behavioral analysis is vital for detecting these new variants. An email security solution with email sandboxing will help to protect against new malware variants that have not had their Signatures uploaded into AV engines.
by titanadmin | Apr 19, 2022 | Industry News |
This month, TitanHQ has collected five prestigious awards for its cloud-based security solutions from Expert Insights. Expert Insights is an online publication with editorial and technical teams in the UK and US, that provide insights into cybersecurity and cloud-based technologies to help businesses make the right purchasing decisions.
Hundreds of B2B solutions are covered on the website, along with editorial buyers’ guides, blog articles, and industry analyses, with interviews and technical product reviews written by industry experts. More than 80,000 business owners, IT admins, and users visit the website every month to research products ahead of making a purchase.
Expert Insights issues ‘Best-Of’ awards to recognize companies that have developed products that provide essential services to businesses, help drive business growth, improve efficiency, and secure their IT environments against an ever-increasing range of cyber threats. The Expert Insights’ Spring 2022 Best-Of awards are issued across a range of categories, including cloud software, security, and storage, with up to 11 vendors chosen in each category. Vendors and their products are selected based on extensive research into the solutions by industry experts, and from feedback from genuine business users of the solutions. “These awards recognize the continued excellence of the providers in these categories,” said Joel Witts, Expert Insights’ Content Director.
TitanHQ collected awards for SpamTitan Email Protection, WebTitan DNS Filter, ArcTitan Email Archiving, and SafeTitan Security Awareness Training, with each product being awarded Best-in-Class in their respective categories..png)
SpamTitan was named as the Best Email Security Gateway and was ranked the number 1 solution. WebTitan ranked best in the Web Security Solution category, ArcTitan was ranked number 1 in the Email Archiving Solution for Business category, and SafeTitan collected two best-of awards, one in the Security Awareness Training Category and another in the Phishing Simulation category.
“The recent pandemic and the growth of remote working initiatives have further highlighted the need for multiple layers of cybersecurity and our award-winning solutions form key pillars in this security strategy,” said TitanHQ CEO Ronan Kavanagh. “We will continue to innovate and provide solutions that MSPs can use to deliver a consistent, secure, and reliable experience to their customers.”
by titanadmin | Apr 19, 2022 | Email Scams, Phishing & Email Spam |
LinkedIn has jumped to the top of the list of the most impersonated brands in phishing attacks, now accounting for 52% of all phishing attacks involving brand impersonation – a 550% increase from the 8% in the previous quarter, according to Check Point.
LinkedIn phishing scams take various forms, although one of the most common is a fake request from an individual to connect on the platform. The phishing emails include the official LinkedIn logo and are indistinguishable from the genuine LinkedIn communications that they spoof. If the user clicks on the Accept button, they are directed to a phishing webpage that is a carbon copy of the genuine LinkedIn page aside from the domain.
The increase in LinkedIn phishing attacks is part of a trend in attacks targeting social media credentials. While these credentials do not provide an immediate financial return, social media account credentials are valuable to cybercriminals as they allow them to conduct highly effective spear phishing attacks. If a corporate social media account is compromised, trust in the company can be abused to distribute malware and links can be added to direct followers to malicious websites.
Failed delivery and shipping notifications are still a common theme in phishing emails targeting businesses and consumers. Around 22% of phishing attacks in Q1, 2022 involved the impersonation of shipping and delivery companies. The package delivery firm DHL is the second most spoofed brand accounting for 14% of brand impersonation attacks. Many of these shipping and delivery phishing emails are conducted to distribute malware, usually through the downloading of fake documents that include malicious code that installs malware such as remote access Trojans.
Phishing is the number one threat faced by businesses. Most successful cyberattacks start with a phishing email, with stolen credentials or malware providing cybercriminals with the foothold they need in a corporate network to launch an extensive attack. Phishing attacks are cheap and easy to conduct and they target employees, who can easily be fooled into installing malware or disclosing their credentials.
This month, a healthcare data breach was reported by Christie Clinic in the United States that involved a hacker gaining access to a single email account. That account was used in a business email compromise attack to divert a large vendor payment. Business email compromise attacks are the main cause of losses to cybercrime according to the Federal Bureau of Investigation. In this breach, the compromised email account contained the personal data of more than half a million patients. Cyberattacks such as this only require one employee to respond to a phishing email for a costly data breach to occur.
Also this month, a new malware distribution campaign has been identified that attempts to install the Meta information stealer, which is capable of stealing passwords stored in browsers and cryptocurrency wallets. The malware is delivered via phishing emails with Excel spreadsheet attachments, which include malicious macros that download and install malware via HTTPS from GitHub. In this campaign, the lure used to trick recipients into opening the file claims to be a notification about an approved transfer of funds to Home Depot, the details of which are detailed in the attached spreadsheet. In order to view the contents of the spreadsheet, the user is told they must enable content to remove DocuSign protection. Enabling content allows the macros to run.
An advanced spam filtering solution such as SpamTitan will help to ensure that inboxes are kept free of phishing emails and any emails containing malicious scripts or attachments are not delivered. SpamTitan includes dual antivirus engines to ensure malware is identified and sandboxing to catch malware variants that bypass signature-based detection mechanisms. The next-gen email sandbox is part of a set of award-winning machine learning and behavioral analysis technologies that are capable of identifying and blocking zero-day threats,
While a spam filter used to be sufficient for blocking phishing emails, the sophisticated nature of phishing attacks today and the sheer volume of phishing emails being sent, mean some phishing emails will inevitably arrive in inboxes. For this reason it is also important to provide regular security awareness training to the workforce. TitanHQ can help in this regard through SafeTitan security awareness training and phishing simulations. SafeTitan is the only behavior-driven security awareness solution that delivers security awareness training in real-time. The solution is proven to significantly improve resilience to phishing attacks.
by titanadmin | Mar 23, 2022 | Phishing & Email Spam |
Phishing remains the top cybersecurity threat to businesses. Phishing scams can be realistic and difficult for people to identify for the scams that they are. The sender field is often spoofed to make it appear that the emails have been sent by known individuals or trusted companies, the body of the messages often contains well-known branding, and templates are used for messages that are carbon copies of the genuine emails they impersonate.
The emails may contain malicious attachments if the aim is to install malware, and malicious hyperlinks if credential harvesting is the goal. The hyperlinks direct users to a website where they are asked to enter their credentials – a web page that is difficult to distinguish from the genuine web page being spoofed. As if those messages were not convincing enough, there is now a new Chrome phishing toolkit that makes credential theft even easier.
Most Internet users will be familiar with websites that use Single Sign-on popups to authenticate users. Rather than requiring website users to register an account, they can authenticate using an existing Google, Apple, or Facebook account. This way of logging in is popular, as users do not need to create and remember another set of login credentials. There is, however, a problem with this approach, and that is that single sign-on popups are easy to spoof in Chrome.
As previously mentioned, phishing scams can be convincing, but there are often red flags and the biggest flag is the URL of the website used for phishing. If you are expecting to sign in to Facebook for example, and you are directed to what is clearly not a Facebook-owned domain, the phishing scam can be easily identified.
The latest toolkit does not produce this red flag. The single sign-on popup generated on the webpage looks exactly the same as the genuine popup being spoofed, including the URL. If an individual is directed to one of these fake phishing forms, it is highly unlikely that they would be able to identify it as malicious and their credentials will be stolen.
A phishing email could be sent advising the recipient that a file has been shared with them, inviting them to log in to Dropbox for instance. The link is clicked, and the user will be directed to the website and will be presented with the login box which includes the address bar with the URL of the login form. For example, if you attempt to log in with your Google account, the URL will start with accounts.google.com/. The phishing toolkit uses pre-made templates that are fake, but incredibly realistic. These Chrome popup windows allow a custom address URL and title to be displayed.
This toolkit was created by the security researcher dr. d0x, who made them available on GitHub. They allow any would-be hacker to quickly and easily create a highly convincing SSO pop-up window, which could be added to any website and be used for a browser-in-the-browser phishing attack. This attack method is nothing new, as fake SSO pop-up windows have been created in the past, but previous attempts have not been particularly convincing, as they do not exactly replicate the genuine pop-ups. The popups have previously been used on fake gaming websites to harvest credentials from the unwary. This kit is different as it is so convincing, and could easily be used to steal credentials and even 2FA codes.
by titanadmin | Mar 21, 2022 | Network Security, Phishing & Email Spam, Spam News |
2019 was a particularly bad year for ransomware attacks, and while there was a reduction in the use of ransomware in 2020, attacks increased sharply in 2021, with the education sector and government organizations the most attacked sectors, although no industry sector is immune to attacks.
There is growing concern about the increase in attacks on critical infrastructure organizations, which are an attractive target for ransomware gangs. According to the data from the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the National Security Agency (NSA), 14 of the 16 critical infrastructure sectors in the United States reported ransomware attacks in 2021, including the defense industrial base, emergency services, healthcare, food and agriculture, information technology, and government facilities. Cybersecurity agencies in the United Kingdom and Australia have also said critical infrastructure has been targeted.
Critical Infrastructure Organizations Warned About AvosLocker Ransomware Attacks
This week, a warning has been issued by the Federal Bureau of Investigation (FBI), the U.S. Department of the Treasury, and the U.S. Treasury Financial Crimes Enforcement Network (FinCEN) about ransomware attacks using AvosLocker ransomware.
AvosLocker was first identified as a threat in late June 2021 and despite being a relatively new threat, poses a significant risk. Attacks using the ransomware increased in the latter half of 2021, with spikes in attacks occurring in November and December. Variants of AvosLocker ransomware have now been developed to attack Linux as well as Windows systems.
As is now common, the attackers engage in double extortion and demand payment for the keys to decrypt files and to prevent the release of stolen data. The gang operates a data leak site where a sample of stolen data is uploaded and made accessible to the public. The gang says it then sells the stolen data to cybercriminals if payment is not made. AvosLocker is one of a handful of ransomware operations that also makes contact with victims by phone to encourage them to pay the ransom. The gang is known to issue threats of Distributed Denial of Service (DDoS) to further pressure victims into paying the ransom.
AvosLocker is a ransomware-as-a-service operation where affiliates are recruited to conduct attacks for a percentage of any ransom payments they generate. Consequently, the attack vectors used in attacks depend on the skillsets of the affiliates. Common vulnerabilities are known to be exploited to gain initial access to networks, including vulnerabilities associated with Proxy Shell and unpatched vulnerabilities in on-premises Microsoft Exchange Servers. However, over the past year, spam email campaigns have been a primary attack vector.
Email Filtering Vital for Defending Against Ransomware Attacks
Spam email is a common attack vector used by ransomware gangs. Spam email campaigns are effective and provide low-cost access to victim networks. Phishing and spam campaigns either use malicious attachments or embedded hyperlinks in emails, along with social engineering techniques to convince end users to open the attachments or click the links.
The primary defense against these attacks is email filters. Email filters scan all inbound emails and attachments and prevent malicious messages from being delivered to inboxes. Since cyber actors are constantly changing their lures, social engineering methods, and strategies to bypass email security solutions, it is vital to have an email security solution in place that can respond to changing tactics.
Email security solutions that use artificial intelligence and machine learning to identify and block threats outperform solutions that rely on antivirus engines and blacklists of known malicious IP addresses. SpamTitan incorporates artificial intelligence-based detection mechanisms in addition to blacklists, dual antivirus engines, and email sandboxing, which ensures a high detection rate for malicious emails, including zero day threats. SpamTitan also provides time-of-click protection against malicious hyperlinks in emails to ensure users are well protected against phishing, malware, ransomware, and other email threats.
Don’t Neglect Security Awareness Training for the Workforce
It is also important to provide security awareness training to all members of the workforce from the CEO down. The FBI and the U.S. Treasury Department recommended in the latest alert to “Focus on cyber security awareness and training,” and “Regularly provide users with training on information security principles and techniques as well as overall emerging cybersecurity risks and vulnerabilities (i.e., ransomware and phishing scams).” TitanHQ can help in this regard with SafeTitan – “The only behavior-driven security awareness solution that delivers security training in real-time.”
For more information on improving your defenses against ransomware and other cyber threats, give the TitanHQ team a call to inquire about email filtering, web filtering, and security awareness training for your workforce.
by titanadmin | Mar 14, 2022 | Industry News |
Less than two months after hiring channel chief Jeff Benedetti, TitanHQ has announced 12 further strategic new hires who will form a new North American team to service the US and Canadian Managed Service Provider (MSP) market.
The new team members have extensive channel experience, having previously held positions at the likes of Datto, Skout Cybersecurity, Agile Blue, and Barracuda and are based in TitanHQ’s new North American base in Shelton, Connecticut, headed up by Channel Chief Benedetti.
The new team includes Eric Morano, who has been appointed Director of Channel Development. Eric has 15 years of sales leadership and GTM experience at Datto, Skout Cybersecurity (BarracudaMSP), AgileBlue XDR, CDW, and Verizon. Moreno will be responsible for optimizing TitanHQ’s partner engagement and growth.
New Channel Account Managers include Craig Somma, who has 25 years of technology sales GTM leadership that was gained at Tech Dept, Micro Warehouse, and Gov Connection, Joseph Rende who has 10+ years of channel sales experience at Gartner and Datto, Pat DeAngelis who has 10+ years of MSP technology experience at Datto, Threatlocker and Armor Cybersecurity, and Jeff Brown has 10+ years of sales experience at Datto, SKOUT Cybersecurity, Agile Blue. New Account Executives include Alex De Los Santos, who has 8 years of sales experience at Datto and ADP, Alex Nankervis, who has 8 years of sales experience at Datto and Indeed, Kyle Leyerzapf, who has 5 years of sales experience at Datto, Patrick Barry who has 6 years of sales and accounts experience with Accu-Tech Corporation and Maxim Healthcare, and Jamal Ibrahim, who has 4 years account management experience with Altium and RCG. Marc Bonnaci has also joined the Sales Development team and has 7 years of sales and professional experience most recently at Agile Blue.
The new TitanHQ North American Team
The past three months have seen significant activity at TitanHQ. In addition to bringing in Benedetti to head the channel team, TitanHQ launched its SpamTitan Plus Anti Phishing solution in December 2021 and announced the acquisition of Cyber Risk Aware in February, and launched SafeTitan Security Awareness Training.
SpamTitan Plus is a cutting-edge, AI-driven anti-phishing solution with more comprehensive “zero-day” threat protection and intelligence than all of the current market leaders, with significant uplifts in phishing link detections and much faster detection speeds. This new addition to the SpamTitan product family has been very well received.
Cyber Risk Aware is a global leader in security awareness training to mitigate human cyber risk, and the platform is used by many companies to train their workforces to improve threat awareness. The platform, which has been re-launched as SafeTitan, is an intuitive, real-time security awareness training platform that improves awareness and human resilience to ransomware, malware, BEC attacks, and phishing. Demand for the new SafeTitan security awareness training and phishing simulation platform has been exceptional, with huge interest coming from MSPs and IT departments globally.
On top of these major launches, TitanHQ recorded record-breaking growth in January and February 2022 and has generated the highest revenue and new MSP partner figures in its 20-year history. More than 2,200 MSPs now use TitanHQ’s best-in-class SaaS Cybersecurity Platform daily, with the numbers continuing to grow at an incredible rate, especially in the United States and Canada, hence the need to open a new U.S. office and bring in a wealth of new talent.
by titanadmin | Mar 4, 2022 | Internet Security, Network Security, Phishing & Email Spam |
The Lapsus ransomware gang has arrived on the scene and has already claimed several high-profile targets, with victims including Impresa – the largest media conglomerate in Portugal, Brazil’s Ministry of Health (MoH), the Brazilian telecommunications operator Claro, and most recently, the Santa Clara, CA-based GPU vendor NVIDIA.
The Lapsus ransomware gang – also referred to as Lapsus$ – is a relatively new threat actor and is making a reputation for itself in an already crowded ransomware market. Most ransomware gangs now practice double extortion, where prior to encrypting files they exfiltrate sensitive data and threaten to publish the data if the ransom is not paid. Triple extortion tactics are now becoming common, where threats are also issued to notify shareholders, partners, and customers about attacks. The Lapsus gang has taken things a step further still and is boasting about its attacks and causing major embarrassment for victims.
In January, the Lapsus ransomware gang attacked the Brazilian car rental firm Localiza, which is one of the largest car rental firms in South America. In addition to stealing data and encrypting files, the gang redirected the company’s website to an adult website and publicly announced that the company is now a porn site. The redirection was only in place for a few hours, but it was enough to damage the company’s reputation.
Also in January, Impresa was targeted. Impresa is the owner of SIC and Expresso, the largest TV channel and weekly newspaper in Portugal. The attack targeted Impresa’s online IT servers resulting in company websites being taken offline and the temporary loss of Internet streaming services. The gang defaced the company’s websites by adding their ransom note and claimed they had taken control of Impresa’s Amazon Web Services account. The gang then used the hijacked Expresso Twitter account and sent a tweet stating, “Lapsus$ is officially the new president of Portugal.” The gang also gained access to its newsletter and sent phishing emails to subscribers informing them in the emails that the President of Portugal had been murdered.
On February 25, NVIDIA experienced a cyberattack that saw parts of its IT infrastructure taken offline for a couple of days. NVIDIA announced that it was investigating a security incident, and then the Lapsus gang said it was behind the attack and issued a threat to leak around 1TB of data. The gang published screenshots indicating they had leaked password hashes for NVIDIA employees, source code, and highly sensitive proprietary company information.
There was some good news – the Lapsus gang then experienced its own ‘ransomware’ attack. There have been reports in the media that NVIDIA hacked back and gained access to the attackers’ virtual machine and encrypted its data, although security research Marcus Hutchins offered an alternative view, suggesting this could have been due to the gang installing Nvidia’s corporate agent on their virtual machine and then triggering a data loss prevention policy.
In addition to demanding a ransom, the Lapsus ransomware gang also demanded NVIDIA remove its lite hast rate (LHR) limitations on its GeForce 30 series firmware – which halve the hash rate when it detects the GPUs are being used for mining Ethereum – and also requested NVIDIA commits to completely open source their GPU drivers forever. If the demands are not met, the gang said it will release the complete silicon, graphics, and computer chipset files for its most recent GPUs.
While many ransomware gangs are focused purely on extortion, the Lapsus gang appears to like the limelight and brags about their attacks, which makes attacks by the gang even more serious for victims due to the brand and reputation damage they cause.
The extent of the attack vectors used by the gang is not known, but they appear to have used phishing emails to gain access to some victims’ networks, including the attack on Impresa. Phishing is a popular attack vector in ransomware attacks. Around half of all ransomware attacks start with a phishing email, according to a recent Statista survey. Employees respond to phishing emails and disclose their credentials, which give the attackers the foothold in the network they need for a deeper compromise.
Businesses could be lulled into a false sense of security with the disbanding of major ransomware operations and arrests of key gang members. The REvil ransomware gang may be no more, and DarkSide has been shut down, but other ransomware gangs are more than happy to plug the gap. Lapsus only announced its presence on the scene at the start of the year but is already growing into a major threat.
The best defense against Lapsus ransomware attacks and other cyberattacks is to adopt a defense-in-depth strategy. That should include an advanced spam filtering solution to block email phishing attacks, content filtering to prevent employees from visiting malicious websites, multi-factor authentication on all email accounts and local/cloud apps, ensuring patches and software updates are applied promptly, and providing ongoing security awareness training to the workforce to help employees identify and avoid phishing and social engineering attempts.
TitanHQ can help organizations improve their defenses against the full range of cyberattacks by providing advanced cybersecurity solutions for SMBs, enterprises, and Managed Service Providers, including spam filtering, DNS filtering, email encryption, email archiving, and security awareness training.
by titanadmin | Feb 22, 2022 | Phishing & Email Spam |
Microsoft may be the most impersonated brand in phishing attacks, but the impersonation of LinkedIn is also common and there has been a massive increase in phishing attacks spoofing the professional networking platform in recent weeks.
LinkedIn is an ideal brand to impersonate in phishing attacks and now is the perfect time to be running phishing campaigns due to the Great Resignation. For those unaware of the term, the Great Resignation is a phenomenon where record numbers of employees quit their jobs. The term was coined in May 2021 by Professor Anthony Klotz of Texas A&M University, who predicted that when the pandemic ends there will be a mass exodus of people leaving their jobs.
While there were mass layoffs as a result of the pandemic, many workers who retained their jobs chose not to leave due to the uncertainty of the job market, but now many workers who are not living from paycheck to paycheck are reconsidering their positions. There has certainly been an upward trend in workers voluntarily leaving their jobs since the start of 2021, indicating the great resignation has begun.
LinkedIn is used by job seekers to identify contacts, network, research companies, and find new employment opportunities. A phishing email that spoofs LinkedIn and indicates a potential employer has been reading a user’s profile, shows a message has been sent through the platform, or advises the user about a new job opportunity is likely to be clicked.
LinkedIn phishing campaigns are helped by the regular email communications from LinkedIn advising users of the platform of the number of searches they appeared in, new messages, and alerts about jobs. That means that users of the platform are used to receiving regular communications from the platform, so if a phishing email is received that looks exactly like a LinkedIn communication, there is likely to be less scrutiny of the email that there would be of an email from a platform that rarely communicates with users via email.
The latest LinkedIn phishing campaign uses HTML templates that include the LinkedIn logo and the color scheme used in official LinkedIn communications. The emails also have the same footer as genuine email communications from the platform, including the correct address and unsubscribe option. The display name is spoofed to make it appear as if the emails are official communications; however, closer inspection will reveal the emails have been sent from webmail addresses.
The phishing emails include subject lines such as “Who’s searching for you online”, “You Have 1 New Message,” and “You appeared in 4 searches this week,” exactly mirroring official LinkedIn emails and they also reference well-known companies such as American Express and Tesla to make it appear that the user is being headhunted by a major corporation. The emails have an HTML button to click that will direct the user to a website where LinkedIn credentials are harvested.
LinkedIn phishing campaigns can be highly effective, but as with all phishing scams, there are ways of blocking the attacks. The first is to ensure that an advanced email security solution is deployed to block the phishing emails at the gateway to prevent them from being delivered to inboxes. SpamTitan Plus uses machine learning techniques and predictive analysis to identify suspicious URLs in emails and provides time-of-click protection. If a link is found to be unsafe, a user will be presented with a block page containing additional information and further options.
SpamTitan Plus has 100% coverage of all current market-leading anti-phishing feeds, a 1.5X increase in unique phishing URL detections, and 1.6X faster phishing detections than the current market leaders, with 10 million net new, previously undiscovered phishing URLs added to the solution every single day.
It is also important to provide security awareness training to the workforce to teach employees how to identify phishing emails and to encourage following email security best practices. TitanHQ has created SafeTitan security awareness training to help train the workforce to be security titans. SafeTitan provides behavior-driven security awareness training tailored for the behaviors of individual employees, includes an extensive library of training courses, videos, and quizzes, and provides real-time intervention training combined with simulated phishing attacks. The solution is proven to reduce employee susceptibility to phishing attacks by up to 92%.
For more information on SpamTitan Plus and SafeTitan security awareness training, give the TitanHQ team a call and take the first step toward improving your defenses against phishing attacks.
by titanadmin | Feb 17, 2022 | Email Scams, Phishing & Email Spam, Spam News |
Business Email Compromise (BEC) is the leading cause of financial losses to cybercrime. The U.S. Federal Bureau of Investigation (FBI) Internet Crime Complaint Center (IC3) received 19,369 complaints about BEC scams in 2020, resulting in adjusted losses of $1.87 billion. While BEC crime ranked number 10 based on victim count, it topped the list in terms of the losses sustained by victims, with three times as much lost to the scams as the second-biggest loss to cybercrime – Confidence/romance fraud.
Business Email Compromise scams usually start with a phishing attack to gain access to email credentials. The attackers seek the credentials of the CEO, CFO, or another executive, and either target those individuals directly with spear phishing emails or compromise the email accounts of lower-level employees and use their email accounts to send phishing emails to the targeted individuals. Once the right credentials have been obtained, the executive’s email account is used to send messages to individuals responsible for wire transfers to trick them into making substantial wire transfers to attacker-controlled bank accounts. While these scams require planning and research, the time spent setting up the scams is well spent, as BEC attacks are often successful.
While BEC scams are usually conducted via email, BEC scammers are increasingly using virtual meeting platforms such as Microsoft Teams and Zoom in their scams. The scammers have taken advantage of the increase in remote working due to the pandemic and the popularity of virtual meeting platforms for communication and collaboration.
Once the scammers have access to the CEO’s email account, they identify their next target and send a request for a virtual meeting. When the target connects to the meeting, the scammer explains that they are having problems with their audio and video, so the meeting proceeds with the scammer on text chat. Oftentimes they will insert a picture of the CEO for added realism. The scammer then provides a reason for the out-of-band request, then asks the employee to make a wire transfer, either in the meeting or after the meeting via email.
The FBI has recently issued a warning to businesses about the increase in the use of virtual meetings for BEC scams, having observed an increase in the use of these platforms for BEC scams between 2019 and 2021. Scammers are also compromising employee email accounts and are inserting themselves into work meetings to gather information about the day-to-day processes at businesses. Since the scammers use genuine email accounts to connect, and audio/visual problems are relatively common, they are able to gather information and steal funds without being detected. The scammers also use compromised CEO email accounts to send emails to employees claiming they are stuck in a virtual meeting and unable to arrange an important wire transfer and ask an employee to initiate the transfer on their behalf.
There are several steps that businesses can take to improve their defenses against BEC attacks. Defending against these attacks should start with an advanced email security solution to block the phishing attacks that allow scammers to gain access to email accounts. SpamTitan has industry-leading detection of phishing URLs in emails and can prevent employees from visiting the web pages where credentials are harvested.
Security awareness training is important as some malicious emails bypass all spam filters. Employees need to be trained on how to identify scam emails. Security awareness training is concerned with creating a ‘human firewall’ to augment technical defenses and should make employees aware of BEC scams and how to identify scam emails from internal email accounts. TitanHQ has recently launched a new security awareness platform called SafeTitan to help businesses with training. SafeTitan is the only behavior-driven security awareness platform that provides real-time training to deal with threats targeting employees.
It is also recommended to implement policies and procedures that require secondary channels or two-factor authentication to verify requests for any changes to account information or atypical requests for bank transfers.
by titanadmin | Feb 17, 2022 | Industry News, Security Awareness |
TitanHQ, the leading cybersecurity SaaS business, today announced its acquisition of Cyber Risk Aware. Established in 2016, Cyber Risk Aware is a global leader in security awareness and mitigation of human cyber risk, providing assistance to companies to train the workforce on how to protect the company network.
Cyber Risk Aware delivers real-time cyber security awareness training to staff in response to actual staff network behavior. This intuitive and real-time security awareness training reduces the likelihood users will be impacted by the latest threats such as ransomware, BEC attacks, and data breaches, whilst also enabling organizations to meet compliance obligations. Leading global businesses that trust Cyber Risk Aware include Standard Charter, Glen Dimplex, and Invesco.
The acquisition will further bolster TitanHQ’s already extensive cybersecurity offering. The combination of intelligent security awareness training with phishing simulations and TitanHQ’s advanced email protection and DNS security solutions creates a powerful, multi-layered cybersecurity platform that secures end users from compromise. This is the go-to cybersecurity platform for IT Managed Service Providers and internal IT teams.
“This is a fantastic addition to the TitanHQ team and solution portfolio. It allows us to add a human protection layer to our MSP Security platform, with a fantastic feature-rich solution as demonstrated by the high caliber customers using it. Stephen and his team have built a great company over the years, and we are delighted to have them join the exciting TitanHQ journey.” said TitanHQ CEO Ronan Kavanagh.
The solution is available to both new and existing customers and MSP partners at TitanHQ.com and has been re-branded as SafeTitan, Security Awareness Training. Cyber Risk Aware existing clients are unaffected and will benefit from improvements in the platform in terms of phishing simulation content and an exciting, innovative product roadmap.
Stephen Burke, CEO of Cyber Risk Aware, commented: “I am incredibly proud that Cyber Risk Aware has been acquired by TitanHQ, cybersecurity business that I have greatly admired for a long time. Today’s announcement is fantastic news for both our clients and partners. We will jointly bring together a platform of innovative security solutions that address the #1 threat vector used by bad actors that cause 99% of security breaches, “End User Compromise”. When I first started Cyber Risk Aware, my aim was to be the global security awareness leader in delivering the right message, to the right user at the right time. Now as part of TitanHQ, I am more excited than ever about the unique value proposition we bring to market”.
by titanadmin | Feb 10, 2022 | Phishing & Email Spam |
If you provide security awareness training to the workforce, you will no doubt have highlighted the risk of opening Microsoft Office email attachments, especially when sent from unknown individuals. Microsoft Office files can include macros, which if allowed to run, can silently deliver malicious payloads. Comma-separated values (CSV) files are often not viewed as malicious, as they are simple text files, but a campaign has been identified by security researcher Chris Campbell that uses CSV files to deliver BazarBackdoor malware.
BazarBackdoor is a fileless malware that is believed to have been created by the threat actors behind the TrickBot banking Trojan. BazarBackdoor is used as the first stage of an attack that provides threat actors with remote access to an infected device, which can be leveraged to conduct more extensive compromises and deliver other malicious payloads. BazarBackdoor is fileless malware, which makes it difficult to detect. It resides in the memory, does not touch the hard drive, and does not leave a footprint.
Throughout the pandemic, BazarBackdoor has been delivered using COVID-19-themed and business-related lures via embedded hyperlinks in emails. The links direct users to a web page where they are tricked into downloading and running an executable file. The landing pages often claim to be web-hosted PDF, Word, or Excel files. When the file is downloaded and executed, it delivers BazarBackdoor malware. The latest campaign is a departure from the typical method of malware delivery and is one that could easily fool users as CSV files are often viewed as benign.
CSV files are often used to transfer data between different applications, such as databases and spreadsheets. A CSV file contains text separated by commas, with each comma denoting a new column and each line denoting a new row. Since a CSV file is a text file, it cannot contain any macros and cannot, by itself, execute any malicious code; however, that does not mean CSV files are entirely benign, as this latest campaign demonstrates.
The issue is not the CSV file itself, but a feature of Microsoft Excel that allows CSV files to be used in a malicious way. Excel supports Dynamic Data Exchange (DDE), which is a message-based protocol for sharing data between applications running under Windows systems. DDE can be used to execute commands that have their output inputted into an open spreadsheet, including CSV files.
The CSV files used in this campaign are like any other, with data separated by commas; however, the file includes a WMIC call that launches a PowerShell command. If the CSV file is opened using Excel – on most devices CSV files are associated with Excel – DDE uses WMIC to create a PowerShell process, which opens a remote URL that uses PowerShell to download a .jpg file, which is saved as a DLL file and executed using rundll32.exe. The DLL file installs BazarLoader, which in turn downloads and executes BazarBackdoor. If the CSV file is opened in Excel, two warnings will be generated, but users may ignore those warnings, and it would appear many have done so.
Since BazarBackdoor and other fileless malware are difficult to detect, the key to protecting against campaigns such as this is to block the threat before the malware can be delivered, which requires a combination of technical measures and end user training.
The lures and techniques used to deliver malware via phishing emails are diverse and new methods are constantly being developed to fool end users and email security solutions. While the use of Office files for delivering malware is common, other files can also be used so it is important to teach employees to be wary of any email file attachment and to never ignore any security warnings. An advanced email security solution is required to identify malicious email attachments, but antivirus engines alone will not block threats such as this. Email security solutions that include sandboxing are important. An email sandbox is a secure and isolated environment where files can be inspected for any malicious properties. Email sandboxing is now a vital component of email security solutions due to the speed at which new malware variants are being released. It is also recommended to use a web filter to block access to malicious websites and control the files that can be downloaded to users’ devices.
If you want to improve your defenses against email- and web-based cyber threats, give the TitanHQ team a call. TitanHQ has developed advanced, effective, and easy-to-use cloud-based cybersecurity solutions for SMBs, enterprises, and managed service providers to protect against all email- and web-delivered threats. You may be surprised to discover how little it costs to implement these solutions and ensure malware and phishing threats never trouble your business.
by titanadmin | Feb 8, 2022 | Industry News |
TitanHQ has appointed channel veteran Jeff Benedetti as the company’s new Vice President of Sales – North America.
Jeff Benedetti – TitanHQ VP of Sales, North America
TitanHQ is the leading web filtering, email filtering, and email archiving Software-as-a-Service (SaaS) business and already has a strong presence in North America, with the North American operations run from TitanHQ’s U.S. base in Tampa, Florida. TitanHQ has been enjoying strong growth in the region and the new appointment will help to ensure the growth continues over the long term.
Jeff Benedetti has nearly two decades of experience in sales and go-to-market leadership in the technology and security markets. Benedetti joins the TitanHQ Go-to-Market leadership team from SKOUT Cybersecurity, where he led the Sales and Marketing teams. The firm was acquired by Barracuda Networks last summer. Prior to the position at SKOUT Cybersecurity, Benedetti served as the Director of US Sales at Datto where he played a key role in improving partner growth and expansion in the U.S. while Datto achieved unicorn status and an acquisition by Vista Private Equity. Benedetti has also held leadership roles at Apple Inc. and Tech Depot.
“End-user compromise is the #1 threat vector for bad actors and causes 99% of security breaches. As the cyber problem compounds, MSPs continue to be a single resource to secure their customers’ users, networks, and infrastructure,” said Benedetti. “The opportunity to enable our partners with a best-in-class security platform and partner program built for growth is massive.”
TitanHQ has been providing security solutions to business and managed service providers (MSPs) for more than 20 years and now provides email security, DNS security, email archiving, and email encryption services to more than 8,500 businesses worldwide. Among TitanHQ’s customers are more than 2,500 MSPs, which use TitanHQ solutions to protect themselves and their clients from malware, ransomware, botnets, viruses, phishing attacks, and other cyber threats.
TitanHQ has developed its solutions to meet the needs of MSPs, with MSP needs factored into the products at the development stage. The company has grown to become the leading provider of cloud-based email and web cybersecurity solutions for MSPs serving the SMB market, and the company is enjoying continued, strong growth. TitanHQ is looking to continue to build long-term growth and as the IT service provider of choice for MSPs.
“We are thrilled Jeff has joined TitanHQ to further expand our already strong growth in the U.S. market. As a well-respected International sales executive within cybersecurity, Jeff is an important addition to TitanHQ. His decades of expertise will be pivotal in driving growth and will benefit partners and customers as TitanHQ continues to innovate and grow,” said TitanHQ CEO Ronan Kavanagh.
by titanadmin | Jan 31, 2022 | Industry News |
This coming February, some of the world’s brightest cybersecurity professionals will be converging at Threatlocker’s Zero Trust World 2022 in Orlando, Florida. Over the course of the two-and-a-half-day event which runs February 21-23, attendees will be treated to live hacking demonstrations, will be able to take part in hands-on exercises in workshops, and there will be training opportunities and certification labs. The event is very much focused on providing valuable insights into how to become an even more successful MSP and IT professional.
This year, attendees will hear from some of the world’s leading cybersecurity professionals who will be discussing the importance of zero trust in today’s cyber threat landscape and other important cybersecurity topics. They will provide expert advice that can be actioned when attendees return to their jobs to better defend against the full range of cyber threats.
This year, TitanHQ is excited to be attending the event and will be exhibiting and showcasing SpamTitan Email Security, WebTitan DNS filtering, ArcTitan email archiving, and EncryptTitan email encryption.
For the past 20 years, TitanHQ has been providing cloud-based security solutions to SMBs and managed service providers serving the SMB market. Today, more than 12,000 businesses rely on TitanHQ’s security solutions, including more than 2,500 MSPs in 150 countries.
If you are attending the event, be sure to visit the TitanHQ stand to find out more about TitanHQ solutions and to discover how they can make your life easier, protect against cyber threats, and improve the profitability of your business.
If you have not yet booked your place at the event, you can register here.
by titanadmin | Jan 26, 2022 | Email Scams |
A recent law enforcement operation led by Interpol has seen 11 members of a Nigerian cybercrime gang arrested for their role in a massive campaign of business email compromise (BEC) attacks. The operation has shed light on how the gangs operate and defraud their victims.
According to the FBI, business email compromise (BEC) is the costliest type of computer fraud. While the number of BEC attacks is relatively low compared to phishing, the attacks result in the largest losses of any type of cybercrime, even ransomware attacks. In 2020, $1.8 billion was lost to BEC scams and $5 billion has been lost to the scams between 2018 and 2020.
BEC attacks often involve the impersonation of a vendor. A vendor email account is compromised, and an email is sent to a customer requesting a change to payment details for an upcoming invoice. The victim is tricked into sending the payment to an attacker-controlled account, and by the time the scam is detected, the money has usually been withdrawn from the account and is unrecoverable. The transfers are often for tens of thousands, hundreds of thousands, or even millions of dollars.
These scams usually start with phishing emails. A spear phishing email is sent to the targeted company with a view to compromising the email account of the CEO, CFO, or another individual high up in the organization. With access to the account, the attacker is able to monitor communications and forward emails of interest to their own account – messages containing payment, invoice, transfer, and those containing payment information. The emails are redirected to the attacker’s account before they can be viewed by the account holder or are hidden in service directories. The attacker can then send their version of a message with altered payment details. In some of the scams, both parties – the victim and a business partner – believe they are communicating with each other, when they are each communicating with the scammer.
Another version of the scam involves the use of a compromised company email account to send messages to employees with responsibilities for making SWIFT transfers asking for payments to be made. Since the emails are sent from the CEO or CFO’s email account and the attackers copy the writing style of the account holder, these requests are often not questioned and the payments are made per the requests.
The Nigerian gang is tracked as Silver Terrier by Palo Alto Networks, which assisted Interpol in the investigation. Around 500 individuals in Nigeria are believed to be involved in the attacks. In this operation, rather than targeting the money mules, the law enforcement operation targeted the individuals involved in the technical infrastructure of the operation such as malware development, phishing attacks, and the domain infrastructure.
One suspect’s computer was found to contain th800,000 usernames and passwords that could potentially be used to hack into corporate email accounts. Another suspect’s computer showed he was monitoring conversations between 16 companies and their clients with a view to diverting legitimate payments as they were about to be made.
Once BEC scammers have access to corporate email accounts, it can be difficult to identify their scam emails. While policies can be introduced that require all requests for bank account changes or changes to the method of payment be verified by telephone, that is often impractical for every single transaction.
The best method of avoiding becoming a victim of these scams is to implement robust email security measures to block the initial phishing emails, ensure strong credentials are set for email accounts, and multi-factor authentication is implemented. The Nigerian gangs are prolific malware developers and use their malware to provide access to victims’ computers to steal credentials. It is essential for antimalware solutions to be deployed on all endpoints, and to have an email security solution with strong antimalware controls.
TitanHQ’s SpamTitan suite of email security solutions provides protection against phishing and malware attacks that are used to obtain credentials to access email accounts. SpamTitan Plus has faster and more comprehensive detection of links in phishing emails than any of the current market-leading email security solutions and the entire suite of products has excellent protection against malware, thanks to dual antivirus engines and sandboxing. The SpamTitan next-gen email sandbox is powered by Bitdefender and allows in-depth analysis of email attachments. If email attachments pass the signature-based anti-malware checks, their behavior is analyzed in detail in the sandbox to determine if they have any malicious properties. This feature is vital as it allows zero-day malware threats and command-and-control callbacks to be detected.
If you want to improve your defenses against phishing, malware, and BEC attacks, give the TitanHQ team a call today.
by titanadmin | Jan 17, 2022 | Phishing & Email Spam |
Cyberattacks are now being reported at an incredible rate, with many of those attacks having devastating consequences for small- and medium-sized businesses. According to Cybersecurity Ventures, around 60% of small- to medium-sized companies go out of business within 6 months of suffering a data breach. Cyberattacks are becoming much more sophisticated, but oftentimes these incredibly damaging attacks are not conducted by highly skilled hackers. The bar for conducting these attacks can be incredibly low, which means anyone with a modicum of skill can conduct attacks and profit. One of the ways that would-be hackers can start conducting attacks is by taking advantage of the many ransomware-as-a-service and malware-as-a-service offerings on hacking forums and darknet marketplaces. Take Redline malware for example.
Redline malware is a commodity information stealer that is easily obtained on hacking and cybercrime forums. The malware costs between $100-$200, and payment can be made anonymously using cryptocurrencies. At such a low price it is available to virtually anyone, and conducting attacks requires little effort or skill.
The Redline stealer was first identified in March 2020 and soon became one of the most prevalent malware threats with the number of attacks continuing to grow. Redline malware has been used in attacks on a wide range of businesses, with the manufacturing and healthcare sectors two of the most commonly attacked sectors.
Redline malware has been updated several times since it first emerged, with new features added such as the ability to exfiltrate credentials, steal cryptocurrency wallets, FTP authentication data, passwords stored in browsers, and gather information about the infected system. It is also capable of loading remote payloads and uses a SOAP API for C2 communication. One successful attack could see the attacker recover the purchase cost many times over.
Like many other malware variants, the most common method of delivery is email. Emails are broadcast using huge mailing lists, which can also be purchased at a low cost on cybercrime forums. Alternatively, more targeted campaigns can be conducted on specific businesses, with the emails often having a much higher chance of success due to the personalization of the emails.
The emails usually contain a malicious hyperlink and use social engineering techniques to trick employees into clicking. When the link is clicked, the binary file is downloaded and installed on the user’s device. While antivirus software should identify and block the malware threat, there have been many cases where AV engines have failed to detect the malware.
Redline malware will obtain a list of processes running on an infected device, including the security solutions in place. Attackers can interact with the malware remotely and view information about the infected system, can create and download remote files, silently run commands on an infected machine, and steal highly sensitive information. One of the biggest threats is the ability to steal data from browsers, including passwords stored in the Chrome, Edge, and opera browsers. Most browsers encrypt stored passwords, but Redline malware can programmatically decrypt the password store in Chromium-based browsers, provided they are logged in as the same user. Redline malware runs as the user that infected the device and can steal that user’s passwords from their password file.
Not everyone stores their passwords in their browser, but there is still a threat. When the browser suggests storing a password and the request is refused, a record is kept about that refusal so a further request will not be suggested next time the user visits that particular website. That record can be stolen from the browser, so the attacker will discover what accounts the user has and can then conduct phishing campaigns to obtain the passwords or use credential stuffing attacks. Much of the data stolen in redline malware attacks can easily be monetized on cybercrime forums.
Malware-as-a-service has opened up cyberattacks to a much broader range of individuals, but ultimately the attacks depend on employees being tricked into clicking links in emails or opening infected email attachments. Blocking those emails is the best approach to blocking the malware threats, which is where SpamTitan is invaluable.
SpamTitan Plus includes 100% of all current market-leading anti-phishing feeds. That translates into a 1.5x increase in phishing URL detections and 1.6x faster phishing detections than the current market leaders. 10 million net new, previously undiscovered phishing URLs are identified every day, and it takes just 5 minutes from a phishing URL being detected to all end users’ inboxes being protected. Time-of-click verification of links in emails involves multiple dynamic checks of redirects and there are dual anti-virus engines and a Bitdefender-powered sandbox to identify any malicious files attached to emails.
If you want to protect against malware and phishing attacks and ensure your company does not suffer an incredibly damaging cyberattack and data breach, give the TitanHQ team a call for more information on SpamTitan.
by titanadmin | Jan 17, 2022 | Internet Security, Spam Software, Website Filtering |
Managed Service Providers have a great opportunity on January 21, 2022, to discover some of the key products they can incorporate into their service stacks to help grow their business and provide even better value to their clients.
The Channel Pitch Livestream Event is totally free of charge for MSPs, MSSPs, ISPs, VARs, IT solution providers, and consultants and will introduce attendees to products from 7 innovative technology vendors that have been specifically curated for the Chanel Pitch event. The technology vendors have had their solutions adopted by some of the most successful MSPs and are being used to better protect their clients, improve efficiency, and significantly improve their bottom lines.
The event is being hosted by Serial Tech Entrepreneur Kevin Lancaster and Channel Evangelist Matt Solomon, both of whom are highly esteemed MSP industry professionals. They will be introducing 7 emerging technology vendors, each of which will give a 7-minute presentation on a key product for MSPs and other service providers.
TitanHQ is happy to announce that Conor Madden, Director of Sales, will be hosting one of the 7-minute presentations to introduce MSPs to TitanHQ’s award-winning cybersecurity solutions that have been proven to help MSPs significantly improve their profits while also ensuring downstream businesses are well protected from cyber threats.
The LiveStream Event will take place on January 21, 2022, at 4.00 p.m. GMT, 11 a.m. EST, 8 a.m. PST and attendees will be able to see presentations from the following vendors:
- TitanHQ – Email and Web Security
- Hook Security – Security Awareness Training
- Nerdio – Azure
- Nuvolex – XaaS Management
- Speartip – SOC
- Threatlocker – Application Whitelisting
- Zomentum – Sales Automation
Attendees will be able to engage directly with vendors or provide 100% anonymous feedback.
by titanadmin | Dec 29, 2021 | Email Scams, Phishing & Email Spam, Spam Advice, Spam News |
Phishing is the attack vector of choice for many cybercriminals. Attacks are easy to perform, they are often successful, and they provide the foothold in business networks that is required for more extensive compromises. The best defense against phishing is to implement a technological solution – a spam filter – to prevent phishing emails from reaching inboxes. If phishing emails are blocked at the email gateway, they will not arrive in inboxes where they can fool employees.
End-user training is also important, as no spam filter will block all malicious emails. A recent large-scale study has been conducted to determine whether end-user training and phishing warnings are effective, how vulnerability to phishing attacks evolves over time, which employees are most likely to fall for a phishing scam, and whether employees can actually play an important role in phishing email detection, The results of the survey are interesting and provide insights into susceptibility to phishing attacks that can be used by businesses to develop effective employee training programs.
The study was conducted on 14,733 participants by researchers at ETH Zurich and over a period of 15 months and involved another company sending phishing email simulations to see who opened the messages and who clicked on links in the emails. The employees that were tested had no knowledge that simulations were being conducted to make the simulations closely mirror real-world phishing attacks.
There were notable differences in susceptibility to phishing attacks with different age groups, with younger employees more likely to respond to the phishing emails than all other age groups. 18- and 19-year-olds were by far the most likely age group to fall for phishing emails, with the over 60s the least likely. From ages 20 to 59, the percentage of dangerous actions taken in response to phishing emails increased for each age group, with 20- to 29-year olds the least likely to take dangerous actions.
Individuals who are not required to use computers for their day-to-day jobs might be considered to be most at risk of falling for a phishing scam, but that was not the case. Infrequent computer users were the least likely to fall for the scams followed by frequent users, with individuals who use specialized software for repetitive tasks the most susceptible to phishing emails.
In this study, men and women were found to be equally susceptible to phishing emails across the entire study. This contrasts with several other studies that suggest there is a gender bias, with women less likely to fall for phishing scams than men. However, there were differences between the genders when combined with the frequency of computer use data. Men who use specialist software to automate tasks were the most likely to fall for phishing emails, followed by women who used specialist software, then women who are frequent users of computers, and men who are infrequent users. Female infrequent users were the least likely to fall for phishing scams.
The study confirmed the findings of several others in that some individuals are prone to respond to phishing emails. After responding to one simulated phishing email they would go on to respond to more. 30.62% of individuals who clicked on one phishing email were repeated clickers, and 23.91% of individuals who took dangerous actions such as enabling macros in email attachments did it on more than one occasion. These findings show the importance of conducting phishing email simulations to identify weak links who can receive additional training.
Phishing simulations are often conducted by businesses to test the effectiveness of their training programs, but one notable finding was that voluntary training when a simulated phishing email attracted a response was not effective. In fact, not only was this not effective, it appeared to make employees even more susceptible to phishing emails.
Another interesting finding related to adding warnings to emails. When warnings about potential phishing emails, such as emails coming from an external email address, were included in emails, employees were less likely to be duped. However, the lengthier the warning, the less effective it is. Detailed warnings were less likely to be read and acted upon.
When a phishing email reporting option was added to the mail client, employees often reported phishing emails. This feature involved a phishing email button that sent a warning to the IT team. There did not appear to be any waning of reporting over time, with employees not appearing to suffer from reporting fatigue. A few reports would be submitted within 5 minutes of an email arriving, around 30% of reports were within 30 minutes, and over 50% came within 4 hours. The reports could give IT security teams time to take action to remove all instances of phishing emails from the mail system or send warnings to employees.
What the study clearly demonstrated is that even employees who are adept at identifying phishing emails are likely to fall for one eventually, so while security awareness training is important, having an effective spam filtering solution is vital. Even individuals who were regularly exposed to phishing emails were eventually duped into clicking a phishing link or taking a dangerous action. Across the entire study, 32.1% of employees clicked on at least one dangerous link or opened a potentially dangerous email attachment.
by titanadmin | Dec 29, 2021 | Phishing & Email Spam |
Healthcare data carries a high value on the black market as it can be monetized in a variety of ways. One of the main methods used to gain access to the healthcare networks where patient data are stored is phishing emails. Phishing emails are also a leading vector for malware delivery, and initial access brokers often target healthcare providers with phishing emails to steal credentials, then provide access to healthcare networks to ransomware gangs.
This month, a major phishing attack was reported by Morgantown, WV-based Monongalia Health System (Mon Health) which affected two of its hospitals. Hackers sent phishing emails to Mon Health employees, with the responses to those messages providing the hackers with the credentials they needed to access corporate email accounts. Those email accounts contained the personal and protected health information of patients and employee information. Notification letters have recently been sent to 398,000 individuals affected by the attack.
While healthcare data is valuable, this phishing attack was conducted for another reason, although it is possible healthcare data were stolen by the attackers. This attack was what is commonly referred to as a business email compromise (BEC) attack.
BEC attacks can involve the theft of sensitive data but they are most commonly conducted to trick individuals responsible for making wire transfers into making fraudulent transfers to attacker-controlled accounts or to change payroll details to get direct deposits of salaries paid into the attacker’s account.
BEC attacks often start with a phishing email. Once access is gained to an employee’s account, phishing emails are sent to other employees to compromise more accounts. When the required accounts are compromised, the account owner is impersonated and an email is sent to an individual responsible for wire transfers that requests a change to bank account information on file.
In this attack, the attackers gained access to a contractor’s email account that was used to change payment details. Since the email requesting the payment details change came from a legitimate and trusted email account, the change was made and the attack went undetected. The BEC attack was detected when a payment issue was reported, and it was confirmed that the payment had left Mon Health’s account.
Mon Health is far from the only U.S. healthcare organization to suffer an attack such as this. Also this month, Florida Digestive Health Specialists started notifying 212,000 patients about an email breach that occurred in December 2020. Again, the attack was conducted to try to divert payments to an attacker-controlled account. In this case, the process of checking every email and attachment for sensitive patient data took 11 months.
These attacks risk the loss of funds through fraudulent transfers, but even if patient data are not stolen, the Health Insurance Portability and Accountability Act (HIPAA) requires patients to be notified, and usually, it is necessary to offer complimentary credit monitoring and identity theft protection services to affected patients. Those costs, in addition to the investigation and mitigation measures, can be substantial.
Once an employee email account has been compromised it can be difficult to detect and block an attack, and recovering funds after they have been transferred may not be possible unless the fraudulent wire transfer is detected quickly. The key to blocking these attacks and preventing losses is to prevent the phishing emails from reaching employee inboxes, to provide training to the workforce to help employees identify phishing emails that are delivered, and to implement multifactor authentication on email accounts to make it harder for stolen credentials to be used to access accounts.
SpamTitan Gateway and SpamTitan Cloud are two excellent choices for businesses looking to improve their defenses against phishing attacks. The solutions block more than 99.97% of spam and phishing emails from reaching inboxes, and also include outbound scanning to help identify compromised mailboxes. SpamTitan Plus, a new phishing solution released this month, takes protection to another level. SpamTitan Plus includes all major phishing feeds and has faster and better detection of malicious URLs in emails than any of the current market-leading anti-phishing solutions.
If you want to improve your defenses against phishing and BEC attacks, give the TitanHQ team a call for further information on the SpamTitan suite of products.
by titanadmin | Dec 29, 2021 | Industry News, Internet Security, Network Security, Spam Software, Website Filtering |
TitanHQ has been included in the 2021 Deloitte Technology Fast 50 List of the fastest-growing tech companies in Ireland. The Award program has now been running for 22 years and celebrates innovation and entrepreneurship in Ireland’s indigenous technology sector.
Deloitte compiles the list based on percentage revenue growth over the past 4 years, with TitanHQ ranking in position 33 in the list after a long period of sustained growth. That growth continued throughout the COVID-19 pandemic when many businesses have struggled. Not only has the company significantly increased its customer base over the past 4 years, the workforce has also had a major expansion. Between September 2020 and April 2021, TitanHQ’s workforce doubled in size.
As well as impressive organic growth, TitanHQ has benefitted from investment from Livingbridge Investor Group which has allowed the company to continue to recruit the best talent to support its business and invest in product development. As well as making improvements to its existing product portfolio, the company released a new product this month – SpamTitan Plus.
SpamTitan Plus builds on the protection provided by SpamTitan Gateway and SpamTitan Cloud but significantly improves detection of the malicious URLs in emails that are used for phishing and malware distribution. SpamTitan Plus has coverage of all major phishing feeds and has the fastest and best detection rates of malicious URLs than any of the market-leading anti-spam solutions.
“As a result of increased demand globally for our solutions, we have invested heavily in product development and embarked on a recruitment campaign to double our workforce in a program that will allow that growth to continue,” said TitanHQ CEO, Ronan Kavanagh. “The quick move to remote working last year has made us all aware of how important it is to be adaptable and have the right security solutions in place to protect users, customers, company data, and systems.”
TitanHQ’s customer base has now increased to more than 12,000 businesses, including over 2,500 managed service providers in 150 countries, with much of TitanHQ’s growth over the past 4 years due to the increase in overseas customers. That growth was also recognized by Deloitte, which awarded TitanHQ runner-up spot in the Scale Up Award. The Scale Up Award recognizes companies that have enjoyed significant overseas growth over the past 4 years.
“Congratulations to all of the companies that ranked this year. This is the first year we have seen the impact the pandemic has had on revenues of Irish tech companies,” said David Shanahan, Partner, Deloitte “It will come as no surprise that many of this year’s winners have achieved accelerated growth and scale as a result of the pandemic and being able to capitalize on the global move to a digital way of life.”
by titanadmin | Dec 7, 2021 | Phishing & Email Spam |
The Emotet botnet was one of the largest ever seen and certainly one of the most dangerous. Phishing emails were used to infect devices with Emotet malware, which added the devices to the botnet. The operators of Emotet then sold access to other threat actors such as ransomware gangs. The botnet was shut down by an international law enforcement effort and the cleanup operation saw the malware removed from all infected devices. While that severely disrupted the Emotet operation for several months, the botnet is now back with a vengeance.
The TrickBot Trojan was one of the malware variants downloaded by Emotet, but it was used in the early stages of rebuilding the Emotet botnet, with the two malware operations completely reversing roles. The Emotet botnet has been rapidly rebuilt and is being used once again to infect victims’ devices with malware Qbot. Emotet is no longer relying on TrickBot to infect devices.
Emotet is once again being distributed by hijacking email threads and sending messages that appear to a reply to a previous conversation. While this method has previously seen malicious attachments added to those threads, according to Bleeping Computer a new tactic is now being used. A malicious hyperlink is inserted into the message threads that appears to be a link to a PDF file hosted on a remote server. In one example, “Please see attached and thanks” was inserted along with a hyperlink in response to a previous conversation.
If the link is clicked, the user is directed to what appears to be a shared document on Google Drive, where the user is asked to click the link to preview the PDF file. However, clicking the link attempts to open an appinstaller file hosted on Microsoft Azure. The user is required to accept the appinstaller prompt, which appears to be attempting to install an Adobe PDF component with permissions to use all system resources.
The package has a valid certificate and includes the Adobe PDF logo, but it will install a malicious appxbundle that will infect the user’s device with the Emotet Trojan. Emotet will then download other malicious payloads, which often lead to a ransomware attack. The Cryptolaemus group, which tracks and reports on Emotet activity, says the new URL-based lures are being used in addition to the standard Emotet tactics of distributing the malware using .zip and .docx email attachments.
The Emotet botnet has been rebuilt at a tremendous pace and there has been a massive increase in Emotet activity in the past few days. Malwarebytes detected a major spike in activity on November 26 and abuse.ch reported an even bigger spike on December 1, when 447% more malicious sites were being used to distribute the malware than in early November. Emotet has once again grown into a significant threat and its infrastructure has been upgraded to make it even more resilient and prevent any further takedown attempts by law enforcement. It is looking like the Emotet botnet is back and stronger than it was before the takedown.
So how can businesses protect against Emotet? End user training is important, but the tactics used by the Emotet gang are effective and fool many users into starting the infection process. The key to protection is to block the phishing emails that are the initial attack vector and that requires an advanced spam filtering solution.
TitanHQ has recently launched a new product – SpamTitan Plus – with significantly improved protection against malicious links which, along with dual antivirus protection and email sandboxing, can protect against phishing and malware threats delivered by email, even novel malware variants.
To find out more about how TitanHQ solutions can protect your business against malware, phishing, and ransomware attacks, give the TitanHQ team a call.
by titanadmin | Dec 6, 2021 | Phishing & Email Spam |
A new Omicron phishing scam has been detected in the UK that spoofs the NHS and attempts to steal personal and financial information using a free COVID Omicron PCR test as a lure. The campaign is likely to be one of many taking advantage of fears about the latest SARS-CoV-2 variant of concern.
COVID-19 phishing scams have been a regular feature of the pandemic, so it is no surprise that the latest turn of events has triggered a wave of new phishing emails. The emergence of Omicron, a variant of concern that has the potential to escape the protections provided by COVID-19 vaccines, has naturally alarmed scientists and the general public alike and has created an opportunity for phishers.
Phishers use fear and urgency in their phishing scams to convince people to take an action that they would otherwise not do. The emergence of the Omicron variant has already generated fear, and the phishers are providing a solution. The Omicron phishing campaign was detected in the United Kingdom and impersonates the National Health Service (NHS). The emails offer a newly developed COVID-19 PCR test that is able to detect infection with the Omicron variant. The campaign is being conducted via email and text message, but this approach could easily be conducted by telephone.
One of the intercepted phishing emails tells the recipient that “NHS scientists have warned that the new Covid variant omicron spreads rapidly, can be transmitted between fully vaccinated people, and makes jabs less effective,” echoing the current fears of scientists. The email goes on to say, “However, as the new covid variant (Omicron) has quickly become apparent, we have had to make new test kits as the new variant appears dormant in the original tests.”
In order to receive the new test, the victim must click on a hyperlink in the email and will be directed to a webpage that spoofs the NHS patient portal. They are asked to enter their personal information, including their name, address, date of birth, contact telephone numbers, and email address. The NHS is a free healthcare service; however, the scammers request payment to cover postage costs. In order to pay the £1.24 delivery charge, the phishing page asks for bank account/credit card information and mother’s maiden name.
As is common in phishing campaigns, emails also include a threat. In a section titled, “What happens if you decline a COVID-19 Omicron test?”, victims are told that they will be required to isolate. While the emails contain red flags, such as multiple spelling and grammatical errors, the NHS branding and email address used to send the messages – contact-nhs[@]nhscontact.com – may be enough to convince people that the request is legitimate.
The success of this Omicron phishing scam depends on people taking action without carefully considering what they are being asked to do. While Omicron is a genuine cause of concern, always stop and think about any request for sensitive information via email, text message, social media messages, or phone calls. Official messages from the NHS will be free of spelling mistakes and the NHS will never ask for payment for sending COVID-19 tests.
While this Omicron phishing scam targets individuals, many COVID-19 phishing campaigns have targeted businesses and attempt to either obtain credentials or deliver malware. Businesses need to ensure they implement an anti-phishing solution that is capable of identifying and blocking phishing emails.
TitanHQ has developed a suite of cybersecurity solutions to protect businesses from cyberattacks such as phishing, with the latest solution – SpamTitan Plus – providing even greater protection against phishing attacks. SpamTitan Plus includes additional measures to improve malicious URL detection along with time-of-click protection to prevent employees from visiting the malicious websites linked in phishing emails.
If you want to improve protection against phishing attacks and the full range of email threats, contact TitanHQ today for more information on the best phishing solution to meet the needs of your business.
by titanadmin | Dec 3, 2021 | Industry News, Spam News, Spam Software |
Phishing is the number one cybersecurity threat faced by businesses and attacks are becoming highly sophisticated. Phishing is used to obtain sensitive information such as login credentials and for distributing malware and ransomware. 91% of all cyberattacks start with phishing emails.
Many businesses now provide security awareness training for the workforce to raise awareness of the threat from phishing and to teach employees the skills that will allow them to identify and avoid phishing emails, but the click rates in phishing emails remain high. According to Security Affairs, 97% of users fail to identify phishing emails. The reason is phishing emails are now being created that are virtually indistinguishable from genuine communications from trusted sources and phishers are experts at social engineering.
The best defense against phishing is a spam filter – A technical solution that scans all inbound (and outbound) emails and performs a wide range of checks and analyses, all of which must be passed in order for an email to be sent to an inbox. Spam filters scan the message headers and message body for signs of spam and phishing, and attachments are scanned using anti-virus engines that identify known malware variants. Hyperlinks in messages are also checked; however, phishers are constantly developing new techniques for hiding malicious URLs from email security solutions.
TitanHQ’s spam and phishing protection solution – SpamTitan – already provides excellent protection from spam and phishing emails; however, a new product – SpamTitan Plus – has now been launched that significantly improves detection rates. SpamTitan Plus provides advanced phishing protection with better coverage, better phishing link detections, faster detection speed, and also has the lowest false positive rate of any product.
“The overwhelming feedback from our users and customer base has been that phishing attacks are becoming more advanced, proficient, and dangerous. Phishing is the number one problem to solve in the email security community,” said TitanHQ CEO Ronan Kavanagh. “With that in mind, we allocated resources and investment to develop a solution with new, cutting-edge, robust, fast phishing threat intelligence driven by a team of security specialists. We’re very happy with the result – SpamTitan Plus”.
SpamTitan Plus includes leading-edge, AI-driven anti-phishing prevention and incorporates the newest “zero-day” threat intelligence, providing better protection than current market-leading email anti-spam service providers at neutralizing malicious links in emails.
All URLs in emails are inspected to determine if they are malicious and are rewritten, and a time-of-click analysis is performed. This is important as the URLs in phishing emails may not be malicious at the time of delivery and may be weaponized with malware after they have passed email security checks. The time-of-click protection involves several dynamic checks, including a page evaluation to identify spoofed websites and login pages and the following of any redirects. If a user clicks on a malicious URL, instead of being directed to the website they will be sent to a local block page that provides further information.
Independent tests of SpamTitan Plus show:
- 100% coverage of phishing threats from the current market-leading anti-phishing feeds
- 5X increase in unique phishing URL threat detection than the current market leaders
- 6X faster and more rapid phishing detection than the current market leaders
10 million new, previously undiscovered phishing URLs are detected every single day and there is only a 5-minute delay from the initial detection of a malicious URL to protect an end user’s mailbox.
SpamTitan is relied upon by 12,000 customers and 3,000 Managed Service Providers for protecting against spam and phishing emails. They can now choose to significantly improve protection with SpamTitan Plus. For more information about SpamTitan Plus, Give the TitanHQ team a call today.
by titanadmin | Nov 24, 2021 | Email Scams, Phishing & Email Spam |
The Federal Bureau of Investigation (FBI) has issued a warning about an increase in spear phishing campaigns impersonating big name brands. Brand phishing is incredibly common and is an effective way of getting individuals to disclose sensitive information such as login credentials or install malware.
Brand phishing abuses trust in a brand. When individuals receive an email from a brand they know and trust, they are more likely to take the action requested in the email. Brand phishing emails usually include the logo of the targeted brand, and the emails use the same message formats as genuine communications from those brands. Links are usually included to malicious web pages that are often hidden in buttons to hide the true destination URL.
If a user clicks the link, they are directed to an attacker-controlled domain that similarly uses branding to fool the victim and make them think they are on the genuine website of the spoofed brand. These webpages include forms that harvest sensitive data. Alternatively, malicious files may be downloaded, with social engineering techniques used to trick victims into opening the files and installing malware.
Cyber threat actors are offering scampage tools on underground marketplaces to help other cybercriminals conduct more effective phishing campaigns. These scampage tools are offered under the product-as-a-service model and allow individuals to conduct convincing phishing campaigns, even people who do not possess the skills to conduct phishing campaigns. With phishing opened up to would-be cybercriminals, the threat to individuals and businesses increases.
The FBI says the scampage tools now being offered can recognize when individuals use their email address as their login ID for a website. Websites require a unique username to be provided when creating an account, and many use an individual’s email address as their username by default.
The scampage tools can identify when a user has set their email address as their username, and when that is detected, they will be directed to a scampage for the same email domain. The user is required to enter their password to log in, which will allow the threat actor to obtain the password and access the victim’s email. With access to the email account, attackers can intercept 2-factor authentication codes, thus bypassing this important control mechanism. With 2FA codes, the attacker will be able to gain access to accounts and make changes, including updating passwords to lock users out of their accounts or change security rules before the owner of the account can be notified.
“Much like the threat with ransomware-as-a-service, this type of product-as-a-service distribution of scampage and credential harvesting tools presents an increased nationwide risk to private sector businesses and their consumers,” said the FBI in its public service announcement. “Brand-phishing email campaigns and scampage tools that help bypass 2FA security measures represent another aspect to this emerging cyber threat.”
To counter the threat, businesses should implement an advanced spam filtering solution to block phishing emails and prevent them from being delivered to employee inboxes. Password policies should be created that require strong passwords to be set, and checks performed to ensure commonly used or weak passwords cannot be set on accounts. Employees should be told to never reuse passwords on multiple accounts and to ensure that all business accounts have unique passwords. Security awareness training should be provided to the workforce to teach email security best practices and train employees on how to identify phishing emails and other scams.
Given the increase in the use of scampage tools, if there is the option, users should set a unique username for an account that is not associated with their primary email address. 2-factor authentication should be configured, and where possible, a software-based authenticator program should be used or a USB security key as the second factor. Alternatively, provide a mobile number for a 2FA code and avoid using a primary email address to receive 2FA codes. If an email address is required, it is best to use an alternative email account.
by titanadmin | Nov 17, 2021 | Email Scams, Phishing & Email Spam |
There has been an increase in LinkedIn phishing scams of late that attempt to trick professionals into installing malware, disclosing their login credentials, or providing sensitive information that can be used to create convincing spear phishing emails.
Watch Out for LinkedIn Phishing Attacks!
Many professionals rely on LinkedIn for getting new business and finding employment. The professional networking platform has proven to be incredibly popular and, being business-related, notifications from the platform are less likely to be turned off, as they often are with social media networks such as Facebook.
A notification from LinkedIn could be a prospective client, a potential job opportunity, or an opportunity to grow your network but LinkedIn notifications may not be what they seem.
Common LinkedIn Phishing Scams
LinkedIn phishing attacks can take many forms and are conducted to achieve a variety of objectives. One common denominator in LinkedIn phishing emails is the use of LinkedIn logos and color schemes to make it appear that the notifications are genuine.
One of the most common scams involves messages that appear to have been sent via the professional networking platform from an individual looking to do business with a company. The emails include buttons that appear at face value to direct a user to LinkedIn, yet the destination URL is different. The landing page displays the LinkedIn login box, which has been scraped from the genuine website. The scam aims to steal LinkedIn credentials, which can be used to hijack accounts and conduct scams on the user’s connections. These scams can be identified quite easily by checking the destination URL in the message before clicking. If a link is clicked, always check the URL in the address bar before attempting to log in to ensure you are on the genuine LinkedIn website.
There has been an uptick in another type of LinkedIn phishing scam of late. Standard LinkedIn email templates, such as information about the number of profile views a user has received and the number of searches they have appeared in are common. As with the previous scam, while the messages look genuine, the hyperlinks in the messages do not direct the user to the LinkedIn website, instead they direct them to URLs hosting phishing kits. The landing pages use a variety of ruses to get the user to disclose sensitive information. One common scam is an online survey that asks a series of questions to obtain information that can be used to create convincing spear phishing emails.
Scammers often create fake profiles in an attempt to trick platform users into thinking they are conversing with a genuine user. These profiles tend to be used in targeted attacks for cyberespionage purposes. These attacks often see the scammer engage in conversations with the targets to build trust, before tricking them into visiting a malicious website or opening an emailed document that installs malware. These scams can be more difficult to identify than the previous two scams, although there are clues that this is a scam. Always check the profile of any potential connection. Fake profiles often have incomplete or inconsistent information, suspiciously low numbers of connections, and odd connections given the individual’s claimed job. Even if the profile appears genuine, you should always be wary of any links or documents that are shared.
A Spam Filtering Solution Could be Your Savior!
Some of the scams are easy to identify, but many are very realistic and have convincing lures that can be difficult to distinguish from genuine emails. These scams fool many people into disclosing sensitive information or installing malware, even individuals who believe they are security-aware and would not be fooled by phishing scams. Vigilance is the key to identifying the scams but an advanced spam filtering solution will ensure that you are not troubled by these scam emails and phishing attempts.
Businesses that rely on the basic spam protections provided with the Microsoft 365 license should consider investing in a more advanced spam filtering solution, as many phishing emails bypass the Exchange Online Protection (EOP) mechanisms provided free with Microsoft 365 accounts. For greater protection, consider a spam filtering solution such as SpamTitan, which augments Microsoft 365 defenses and will better protect you against phishing attacks.
For more information about SpamTitan and how it can protect you and your employees from phishing attacks, botnets, viruses, malware, and ransomware attacks, give the TitanHQ team a call or sign up for the free trial and find out for yourself the different SpamTitan makes.
by titanadmin | Nov 16, 2021 | Phishing & Email Spam, Spam News |
At the start of 2021, a Europol and Eurojust-led operation involving law enforcement agencies in 8 countries successfully took down the infamous Emotet botnet. The botnet consisted of an estimated 1.6 million devices worldwide that had been infected with the Emotet Trojan.
The Emotet Trojan first appeared in 2014 and was originally a banking trojan, although it evolved into a malware downloader that was rented out to cybercrime gangs under the malware-as-a-service model. The botnet was used to give those threat actors a foothold in victims’ environments and allowed them to install malware such as IcedID, QakBot, and TrickBot. Those malware variants were then used to deliver ransomware such as Conti and Ryuk.
Emotet posed a massive threat to businesses worldwide prior to its takedown. In addition to being a malware distribution tool, the botnet was used to launch Distributed Denial of Service (DDoS) attacks and large-scale spamming campaigns against high-profile targets around the world.
The Emotet botnet was controlled by a network of hundreds of servers worldwide. The takedown, which occurred on January 27, 2021, saw its infrastructure taken over by law enforcement. On April 25, 2021, law enforcement in Germany launched a cleanup operation that added a module that removed the Emotet Trojan from victims’ systems. 2 individuals were arrested who were suspected of involvement in maintaining the botnet, and in the weeks and months that followed no Emotet activity was detected. However, that has now changed.
The Emotet Botnet is Back
Law enforcement took control of the command-and-control infrastructure of Emotet and removed the Emotet Trojan from all infected devices, and while that was sufficient to kill the botnet, it was not enough to prevent its return. Researchers at GData, Advanced Intel, and Cryptolaemus have all discovered instances where the TrickBot Trojan has delivered an Emotet loader.
The Emotet botnet operators have previously worked with the threat actors behind the Trickbot Trojan, using their botnet to grow the TrickBot botnet. That process is now happening in reverse. A new version of the loader and Emotet Trojan have been created and it appears that the Emotet botnet is being reconstructed from scratch.
At this stage, there are relatively few devices infected with Emotet but that is not likely to remain the case for long. Around 246 devices are known to have had the Emotet Trojan installed, and they are being used as its command-and-control infrastructure at present.
Emotet was known for conducting malspam campaigns to grow the botnet, and spamming campaigns have already been detected using several different lures and a variety of attachments. Spam emails spreading Emotet have used Word files and Excel spreadsheets with malicious macros, and to prevent analysis by email security solutions, some emails have used password-protected zip files. Some of the lures detected by security researchers in the first campaigns include notifications about canceled dental insurance, Cyber Monday and Black Friday sales, notifications about canceled meetings, and requests for political party donations.
How to Protect Against Infection with Emotet
Protecting against Emotet involves implementing measures that also protect against TrickBot infections. Since both Emotet and TrickBot are extensively delivered via malspam emails, implementing an advanced email security solution is a good place to start.
One of the most effective tactics used by the Emotet gang was hijacking message threads. This involves sending replies to previous message conversations and adding a malicious hyperlink or infected email attachment. Since the messages were sent from email accounts known to the recipient, links were often clicked, and attachments opened.
Security awareness training often teaches employees to be suspicious of unsolicited messages from unknown individuals. It is important to make employees aware that malicious emails may also come from known individuals and to warn employees that hijacked message threads are used to deliver malware. Security awareness training can be effective, but it is nowhere near as effective as technical solutions that block malicious messages.
Security can be improved by choosing an email security solution with outbound email scanning. This feature will scan outgoing messages to detect compromised email accounts, allowing security teams to take prompt action to isolate infected devices. You should also ensure that your email security solution includes sandboxing in addition to antivirus engines, as the latter can only detect known malware variants. Attachments that pass standard AV scans are sent to an email sandbox where they are subjected to in-depth analysis to identify malicious actions.
These features and many more are included in SpamTitan from TitanHQ. SpamTitan is effective at blocking the full range of email-based threats and is easy to implement and use. If you want to improve your defenses against dangerous email threats such as TrickBot, IcedID, QakBot, and Emotet without breaking the bank, give the TitanHQ team a call for more information about SpamTitan.
SpamTitan is available on a free trial and product demonstrations can be arranged on request.
by titanadmin | Nov 10, 2021 | Internet Security, Network Security, Spam Software |
There has been an alarming surge in ransomware attacks in 2021. Attacks have been conducted on businesses of all sizes, from large international enterprises with multi-million-dollar cybersecurity budgets to small businesses with just a handful of employees. The attacks have shown that no business is to large or small to be targeted.
Ransomware is a form of malware that is used to encrypt files to prevent them from being accessed. The attacker holds the keys to allow data to be decrypted, and those keys will only be provided if a ransom is paid. Ransom demands can range from a few thousand dollars for individual devices up to tens of millions of dollars for large companies.
900% Increase in Ransomware Attacks in 2021
This year has seen ransomware attacks conducted at an alarming level. CybSafe‘s data has revealed a 900% increase in ransomware attacks in the first 6 months of 2021 compared to the corresponding period last year. In addition to the increase in number, the cost of mitigating the attacks has increased and the ransom demands have been growing. This week, for example, Europe’s largest consumer electronics retailer – MediaMarkt – confirmed it was the victim of a Hive ransomware attack. The attackers reportedly demanded a payment of $240 million for the keys to decrypt files.
2021 has shown no company is off limits with multiple attacks conducted on critical infrastructure firms. One attack on Colonial Pipeline in the United States resulted in the shutdown of a fuel pipeline serving the Eastern Seaboard of the United States for a week. A ransom payment of $4.4 million was paid to the attackers to recover data.
The U.S. software company Kaseya, which provides a range of software solutions to businesses and managed service providers, suffered a major ransomware attack involving REvil ransomware. The REvil gang demanded a payment of $70 million for the keys to decrypt files. The attack affected around 40 managed service providers and an estimated 1,500 downstream businesses.
Attacks have also been conducted on many healthcare providers, with those attacks disrupting healthcare services and putting patient safety at risk. In May 2021, Ireland’s Health Service Executive (HSE) suffered a ransomware attack which is believed to have started with a phishing email. The response gave the Conti ransomware gang the access needed to encrypt files. A $20 million ransom demand was issued, although the attackers provided the keys free of charge in the end. Even so, the HSE took months to recover from the attack at considerable cost.
Ransomware Gangs Targeted by Law Enforcement
The above attacks represent just a tiny percentage of the ransomware attacks that have been publicly disclosed this year and it is clear that the threat of attack is unlikely to wane any time soon.
There has been some good news, however. The attacks on critical infrastructure firms have forced the U.S. government to step up its efforts to target ransomware-related crime. Following the attacks, ransomware attacks were elevated to a level akin to terrorist attacks, and with that comes additional resources.
Already the United States and law enforcement partners around the world have succeeded in disrupting the activities of several ransomware gangs. The REvil ransomware infrastructure was taken down and arrests were made, the Darkside operation shut down and its suspected successor BlackMatter also. Suspected members of the Clop ransomware operation have been arrested, and Europol has arrested 12 individuals in connection with LockerGoga, MegaCortex, and Dharma ransomware attacks.
While the arrests and infrastructure takedowns will have a short-term effect, ransomware threat actors are likely to regroup, set up new operations, and recommence their attacks as they have done in the past.
An Easy Step to Take to Improve Ransomware Defenses
Businesses need to take steps to combat the ransomware threat, but since many different methods are used to gain access to networks, this can be a challenge. The best place to start is to make sure defenses against phishing emails are put in place. Most ransomware attacks start with a phishing email, which either delivers malware or gives attackers credentials that provide them with the foothold in networks that they need to conduct their attacks.
Email security solutions such as SpamTitan filter out malicious messages and prevent them from reaching inboxes where they can fool employees. Technical solutions such as email security gateways are far more effective than end user training at blocking threats, although it is also important to make sure employees are aware of cybersecurity best practices and are taught how to identify a phishing email.
Email filtering solutions such as SpamTitan perform an in-depth analysis of all email content and can detect malicious links and email attachments. When emails fail the checks, they are sent to the quarantine folder where they can be reviewed. This allows security teams to gain a better understanding of the threats that are targeting their organization and also allows false positives to be identified so filtering rules can be updated.
SpamTitan incorporates dual antivirus engines for detecting known malware variants and email sandboxing where suspicious attachments are sent for in-depth analysis. The Bitdefender-powered sandbox allows new malware variants to be identified, and machine learning technology ensures email filtering improves over time.
A huge array of checks and controls ensure malicious messages are blocked, but that all happens behind the scenes. Administrators benefit from a clean, easy-to-use interface that requires no technical skills to navigate and use. All information and controls are intuitive.
If you would like to find out more about improving your defenses against ransomware, malware, phishing, and other email and web-based threats, give the TitanHQ team a call. All TitanHQ cybersecurity solutions are available on a free trial, allowing you to put them to the test in your own environment before making a decision about a purchase.
by titanadmin | Nov 9, 2021 | Phishing & Email Spam |
The stock trading platform Robinhood has announced a major breach of the personal data of 7 million of its customers, who now face an elevated risk of phishing attacks.
Phishing attacks on businesses are incredibly common. While phishing can take many forms, the most common method involves sending emails to company employees and using social engineering tactics to get them to take a specific action. That action is often to click on a malicious hyperlink in the email that directs them to a website where they are asked to provide sensitive information such as their login credentials.
Phishing can also occur via SMS messages, instant messaging platforms, or social media networks. While it is less common for phishing to occur over the telephone – termed vishing – this method actually predates email phishing attacks. Vishing attacks are more labor-intensive and are a form of spear phishing, where a small number of individuals are targeted.
Vishing Attack Allowed Attacker to Obtain 5 Million Email Addresses
It was a vishing attack that allowed a threat actor to obtain the personal data of Robinhood customers. The threat actor called a Robinhood customer service employee and used social engineering techniques over the phone to get the employee to disclose sensitive information. The information obtained allowed the threat actor to access its customer service system, through which it was possible to obtain a limited amount of data of a portion of its customer base.
It is unclear what tactics the threat actor used, although, in these types of attacks, tech support scams are common. This is where a threat actor impersonates the IT department and tricks an employee into disclosing credentials under the guise of a software update or a fix for a malware infection.
Regardless of the lure, the threat actor was able to access its system and stole a list of 5 million customer email addresses, a list of the full names of 2 million individuals, and the names, dates of birth, and zip codes of 310 individuals.
No financial information or Social Security numbers are believed to have been obtained in the attack, but the Robinhood data breach is still serious for affected individuals who now face an elevated risk of phishing attacks.
Robinhood said after the customer lists were exfiltrated, a ransom demand was received. Robinhood did not say whether the ransom was paid, only that the cybersecurity firm Mandiant was investigating, and the incident has been reported to law enforcement.
Risk of Phishing Attacks in Wake of Robinhood Data Breach
Attacks such as this where an attempt is made to extort money from a company after sensitive data are stolen are commonplace. If a company refuses to pay, the attack is monetized by selling the stolen data. Even if a ransom is paid, there is no guarantee that data will not be sold. A list of the email addresses of users of a trading platform would be highly sought after by cybercriminals, who could craft convincing phishing emails to obtain sensitive data to allow users’ accounts to be accessed.
There have been many cases where email addresses have been used in phishing campaigns that reference the breach itself, spoofing the company that was attacked although all manner of lures could be used. There is a fair probability that phishing campaigns will be conducted using the stolen data, so users of the Robinhood platform should be on high alert.
Robinhood has advised customers to be wary of any emails that claim to be from the company and said it would never send a hyperlink in an email to access an account, instead users should only trust Robinhood messages that are sent within the app. For further protection, 2-factor authentication should be enabled, and users of the app should be cautious when opening any email messages, and to be particularly wary about any message that requests sensitive information or includes a hyperlink or email attachment, especially if it is an unsolicited email from an unknown sender.
