A recent report from the Computer Emergency Response Team (CERT-EU) has provided insights into how EU organizations are being targeted by nation-state-sponsored actors and cybercriminal groups. The majority of nation-state activity has been linked to hacking groups in the Russian Federation and the People’s Republic of China, and while it is not always possible to determine the motives behind cyberattacks and intrusions, the majority of nation-state hacking activity is believed to be conducted to achieve cyberespionage objectives. The aim of these campaigns is to gain access to accounts/emails or servers where sensitive data is stored. Around 73% of all attacks within the EU are believed to be conducted for espionage purposes, with 16% of attacks conducted by hacktivists. Some of the hacktivism incidents are thought to be a front for nation-state activity.

In contrast to the United States, cybercriminal activity accounts for a low percentage of all malicious activity, with only 7% of intrusions attributed to cybercrime. CERT-EU reports that only a very limited number of cybercrime actors are conducting attacks within the EU, and the majority of that activity comes from ransomware groups. These groups gain access to internal networks, steal sensitive data, and encrypt files then demand payment to prevent the publication of the stolen data and for the keys to decrypt data.

In 2023, CERT-EU identified 55 ransomware operations that were active within the EU, and 906 victims were identified from data leak sites and open sources. It should be noted that not all ransomware attacks are reported and many companies quietly pay the ransom, so the true total could be substantially higher. Many of these attacks appeared to be opportunistic in nature rather than targeted. While there are many different ransomware groups, the most active in the EU were LockBit, Play, and BlackBasta, although in Q4, 2023 there was a large increase in attacks by the 8Base group, with NoEscape also highly active in the second half of the year. Ransomware groups attacked a wide range of sectors, with manufacturing the worst affected with 24% of attacks, followed by legal/professional services (14%), and construction/engineering (12%).

A variety of methods were used to gain access to targeted networks. 104 software products were targeted with these attacks often exploiting vulnerabilities in internet-facing products, involving trojanized software, fake software, and abuse of public repositories used for programming languages. Some of the most significant attacks of the year involved networking products, such Fortinet, Cisco, and Citrix products, as well as password managers such as 1Password or LastPass, content management and collaboration tools such as WordPress and Altassian Confluence, and cloud services. While many attacks used these methods for initial access, by far the most common method was spear phishing for both cybercriminal and nation-state threat actors.

Spear phishing attacks include malicious links to websites where credentials are harvested or malicious attachments. There was a significant increase in spear phishing attacks that used lures related to EU affairs, with it common to include decoy PDF files that were originally internal or publicly available documents related to EU policies, for example, documents relating to the Swedish Presidency of the Council of the European Union,  EU – Community of Latin American and Caribbean States (CELAC) Summit, and the Working Party of Foreign Relations Counsellors (RELEX). These campaigns were directed at individuals and organizations involved in EU policies, and the emails often impersonated staff members of union entities or the public administration of EU countries to add credibility. Public administration entities were the most targeted, followed by entities in diplomacy, defense, transport, finance, health, energy, and technologies. While spear phishing is usually performed via email, CERT-EU notes some diversification of communications, with attacks also conducted via social media networks, instant messaging services, and SMS messages.

Entities in the EU should implement layered defenses against the most common initial access vectors. An advanced email security solution should be implemented that is capable of signature and behavioral analysis of emailed files, with extensive threat intelligence feeds, and AI/machine learning capabilities. SpamTitan anti-spam software has all of these features and more and will protect your business from all types of email-based attacks. SpamTitan is offered as a cloud-based anti-spam service or can be provided as an anti-spam gateway for on-premises environments. A web filter such as WebTitan will protect against the internet-based component of cyberattacks by blocking access to malicious sites, and security awareness training and phishing simulations should be conducted on the workforce using a solution such as SafeTitan. To protect against unauthorized account access, multi-factor authentication should be implemented and software should be kept up to date with the latest updates and patches applied promptly.

Jennifer Marsh

With a background in software engineering, Jennifer Marsh has a passion for hacking and researching the latest cybersecurity trends. Jennifer has contributed to TechCrunch, Microsoft, IBM, Adobe, CloudLinux, and IBM. When Jennifer is not programming for her latest personal development project or researching the latest cybersecurity trends, she spends time fostering Corgis.