CyberSecOp Chronicles: Insights from CrowdStrike's 2024 Global Threat Report

CyberSecOp Chronicles presents a comprehensive overview of key insights extracted from CrowdStrike's 2024 Global Threat Report. In this report, we delve into six critical trends identified by CrowdStrike, including the persistence of identity-based attacks, the surge in cloud-environment intrusions, and the exploitation of third-party relationships by threat actors. With the addition of 34 new threat actors in 2023, the threat landscape continues to evolve rapidly, necessitating proactive cybersecurity measures. CyberSecOp, leveraging its expertise, has been aiding clients in ransomware remediation and payment processes from the outset. Accelerated network compromises and periphery network targeting further underscore the urgency for robust cybersecurity strategies. Our recommendations aim to equip organizations with actionable insights to fortify their defenses and mitigate emerging cyber threats effectively. Stay informed and secure with CyberSecOp Chronicles.

Highlights from CrowdStrike’s 2024 report

1. Identity-based and social engineering attacks still take center stage.

2. Cloud-environment intrusions increased by 75%.

3. Third-party relationships exploitation make it easier for attackers to hit hundreds of targets.

4. CrowdStrike added 34 new threat actors in 2023.

5. Attackers are compromising networks at a faster rate.

6. Attackers are targeting periphery networks.

 CyberSecOp Chronicles presents a comprehensive breakdown of the key insights unveiled in CrowdStrike's 2024 Global Threat Report. This report sheds light on the evolving landscape of cyber threats, providing crucial information for enterprises to fortify their security posture.

 Identity-Based Attacks Remain Pervasive

Despite advancements in cybersecurity measures, identity-based attacks remain a prominent threat. Threat actors continue to favor phishing, social engineering, and credential theft tactics. CrowdStrike's report highlights the persistence of attacks like phishing campaigns orchestrated by threat actors such as FANCY BEAR and SCATTERED SPIDER, emphasizing the need for robust security awareness training and multi-factor authentication (MFA) protocols.

Cloud Security Under Siege

The shift to cloud-based infrastructure has not gone unnoticed by cybercriminals. Cloud-environment intrusions saw a staggering 75% increase from 2022 to 2023, with attackers exploiting vulnerabilities for financial gain. Cloud-conscious attacks, where threat actors specifically target cloud environments, have surged by 110%, posing significant challenges for organizations worldwide. CyberSecOp emphasizes the importance of implementing cloud-native security solutions and educating teams on cloud security best practices.

Exploiting Third-Party Relationships

Supply chain attacks have emerged as a favored tactic among threat actors, offering a gateway to compromise multiple targets efficiently. CrowdStrike's findings underscore the prevalence of third-party exploitation, enabling attackers to infiltrate organizations across various sectors. CyberSecOp advocates for heightened vigilance when engaging with third-party vendors and emphasizes the importance of robust vendor risk management frameworks.

Growing Threat Actor Landscape

CrowdStrike's continuous monitoring identified 34 new threat actors in 2023, further expanding the diverse landscape of cyber threats. This influx underscores the dynamic nature of cybersecurity challenges and the need for adaptive security strategies. CyberSecOp, leveraging its expertise, has been assisting clients from the outset with ransomware remediation and ransomware payment, ensuring swift and effective response to such threats.

Accelerated Network Compromises

Attackers are increasingly adept at infiltrating networks and swiftly escalating their activities. The average breakout time for intrusion activities has decreased, with attackers leveraging stolen credentials and trusted relationships to expedite their malicious objectives. CyberSecOp stresses the importance of comprehensive endpoint detection and response (EDR) solutions to detect and mitigate intrusions effectively.

Focus on Periphery Networks

Threat actors are capitalizing on vulnerabilities in network peripheries, targeting devices and systems that may not be adequately monitored. This includes exploiting End of Life products and unmanaged devices, presenting significant challenges for defenders. CyberSecOp emphasizes the criticality of securing all network endpoints and implementing robust patch management practices to mitigate risks effectively.

Recommendations for Mitigating Cybersecurity Risks

In response to the evolving threat landscape outlined in CrowdStrike's report, CyberSecOp provides actionable recommendations for enhancing cybersecurity resilience:

• Implement phishing-resistant MFA and extend it to legacy protocols.

• Conduct comprehensive user awareness programs to combat social engineering tactics.

• Deploy integrated security solutions capable of correlating threats across identity, endpoint, and cloud environments.

• Prioritize the adoption of Cloud Native Application Protection Platforms for comprehensive cloud security.

• Utilize consolidated security platforms offering complete visibility and threat detection capabilities.

By implementing these proactive measures, organizations can bolster their defenses against emerging cyber threats and safeguard their digital assets effectively.

CyberSecOp Chronicles News delivers timely insights and actionable strategies to navigate the complex cybersecurity landscape. Stay informed, stay secure.

Ensure Cyber Resilience by Developing Your Cyber Resilience Plan

Cybersecurity risks are common in the digital age, but we should not allow them to limit our business goals. Cybersecurity consulting and security breaches have gradually become critical parts of the IT department. We cannot tackle cyber threats without the expertise of cybersecurity consultants or cybersecurity breach experts.

Whether starting from scratch or looking to improve your existing cybersecurity resources, hiring a qualified cybersecurity consultant or security breach expert is always a good idea first.

Cybersecurity Vulnerabilities, Exploits, and Threats

Cybersecurity vulnerabilities are more likely to occur when old software versions are in use. Cybercriminals may exploit any software bugs they find. They may even write malware to specifically target older applications, which are less secure and easier to hack than their newer counterparts.

If you want to protect your company from cyber attacks, here are a few ways:

• Use the latest version of any application that is essential for your business (e.g., antivirus software);

• Have an expert conduct regular audits and penetration tests;

• Install operating system patches as soon as possible;

• Train employees on cybersecurity best practices;

• Strengthen network defenses by having an active firewall, two-factor authentication, and strong passwords policies in place;

• Let employees know what they can do to keep their devices safe at home and work.

• Implement ransomware backup best practices

Cyber Risk Mitigation Solution

When considering an organization's cyber security approach, the initial needle-moving goal should not be to avoid all risks, but instead, the strategy should contemplate how much security and what type of risk level is appropriate for different vulnerabilities.

The vulnerability analysis techniques present an opportunity for organizations to address the weaknesses in their current system and security framework. The flaw-based techniques help in assessing risks, hypothesizing breach points as well as benefits and disadvantages produced as a result of these risks. The damage potential (DP) technique offers this kind of precise information about vulnerable areas within cyber-systems that are commonplace features of computers and mobile devices.

Companies are getting hit by ransomware attacks, but there are things that both companies and employees can do to protect themselves by hiring an organization like CyberSecOp to implement a robust security program.

Security breaches can have disastrous effects as they potentially expose sensitive data to hackers. Companies are advised to plan their security measures in a preventive way and commit to these methods. The response should also be planned in order to restore the state prior to or minimize the damage caused by a security breach effectively.

Governmental agencies are investing in cybersecurity.

Cybersecurity has become a major issue. Governmental agencies are investing in the cybersecurity domain and focusing on security advancements. For example, Cybersecurity Strategy 2020 and expanding U.S. Cyber Task Force under DHS relate to this area of security and address the broad scope of cyber threats to federal networks, systems, or communications infrastructure identify priorities for cyber risk management, ensure persistent attention to counterterrorism with respect to cyberspace policymaking, execution baseline resilience against digital interference, reduce interstate conflict over jurisdictional responsibilities related to cybersecurity matters by improving key information-sharing practices among relevant federal entities in order to promote operational coordination on cybersecurity matters.

So, What Exactly Is the Dark Web, Anyway?

The first time I heard the term ‘Dark Web’ was in the context of a case of misappropriated identity.  A close relative of mine had begun receiving all sorts of communications from credit card companies and debt collectors concerning delinquencies that they were completely unfamiliar with.  One even included an attempt at collecting back premises rent for an apartment in Dallas, Texas where my relative had never visited in their life.  After spending months fighting off financial claims and trying to repair their credit history, my relative contracted a computer security professional to perform a forensic investigation of their home PCs.  It was ultimately discovered that some or all of the data breach enabling the identity theft had been the outcome of a fairly sophisticated spear-phishing attack combined with the installation of a key logger agent.  The forensics also revealed that much of their Personal Identifying Information had migrated to the Dark Web and was presently freely available to whomever-or whichever entity-might be interested.

Dark Web and how it functions

Dark Web, I thought.  Huh.  I’ve heard of the Dark Web but don’t know much about what it is or more specifically, how it functioned.  Heretofore I’d (wrongly) believed it was composed of a bunch of gamers sharing logins to cloud gaming services along with the ever-present and always thriving market for pornography.  My investigatory efforts yielded that the Dark Web is so, so much more, however; and I thought it was important to share my findings to clear up any popular misconceptions of which there is legion.  Therefore, I’ve decided to put together a brief post that provides the nuts and bolts of what’s become an increasingly important cog in the global economy for ill-gotten bits and pieces of data and information.  It turns out, the Dark Web wasn’t nearly as elemental as I’d initially suspected.

The Dark Web is a collection of thousands of websites that use anonymity tools to hide their IP addresses. While it's most famously been used for black market drug sales and even child pornography, the Dark Web also enables anonymous whistleblowing and protects users from surveillance and censorship.  Readers will recall that the Dark Web played an intermediary role in WikiLeaks dissemination of certain confidential U.S. Department of Defense documents related to the conflicts in Iraq and Afghanistan.

Who created the Dark Web and how can it be assessed?

The majority of Dark Web sites use the anonymity software Tor with was created by the U.S. Department of Defense, though a smaller number also uses a similar tool called I2P. Both of those systems encrypt web traffic in layers and bounce it through randomly-chosen computers around the world, each of which removes a single layer of encryption before passing the data on to its next hop in the network. In theory, that prevents any spy—even one who controls one of those computers in the encrypted chain—from matching the traffic’s origin with its destination.  In layman’s terms-traffic on the Dark Web is untraceable.

Though the Dark Web is most commonly associated with the sale of drugs, weapons, counterfeit documents, and child pornography, not everything on the Dark Web is quite so “dark.” One of the first high profile Dark Web sites was the Tor hidden service WikiLeaks created to accept leaks from anonymous sources.  Even Facebook has launched a Dark Web site aimed at better catering to users who visit the site using Tor to evade surveillance and censorship. The Dark Web is also a vehicle for hackers to buy and sell personal information such as names, addresses, social security numbers, credit card information, etc. The more information they obtain from the unsuspecting victim, the higher the price.

Can Dark Web provide privacy

Just how completely Dark Web users can evade the surveillance of highly-resourced law enforcement and intelligence agencies, however, remains an open question. The FBI and EUROPOL have both launched successful Dark Web investigations aimed at stopping human trafficking, identity theft, and drug smuggling, and in most cases, the agencies were able to identify the threat actor by setting up relays and scripts on websites they frequently visit.  It's also possible that the agencies employed sophisticated DNS attacks on TOR servers or used other exploits; then again, it’s also possible they were able to rely on good old Human Intelligence-informants.  Everyone seems to have a price. 

So in summary, we know that the Dark Web exists, it’s a marketplace for all sorts of data and information exchange, not all of it legal or voluntarily disclosed.  The best way to ensure you don’t wind up on the wrong side of information exchange?  Secure your information systems, be very, very judicious in responding to emails and if you have any questions or concerns, contact a licensed information technology security professional.  The stakes are high, and only getting higher.

Author: Rich Fiore

Cyber Security Developments

Cyber Security Is The Backbone Any Online Businesses – Here Are Some Quick Tips To Keep Yourself Informed About The Latest Threats Surrounding Your Business.

                                    Cyber Security Developments

Within a standard nine to five working day, it’s said that there are almost two million data records lost or stolen. Cybercrime has become something of an epidemic in recent years – and it’s no exaggeration to say that everyone is at risk.

Hackers operate in an increasingly complex way and are happy to target small businesses and individuals, who are most likely to be vulnerable to attack. The nature of the threat changes as technology advances and so the only way to stay safe is to stay up to date.

But that’s easier said than done, right? How do you keep up to date with the latest cybersecurity developments?

Follow The News

When it comes to cyber security, ignorance is not bliss – it’s a recipe for disaster. It’s imperative that you identify and follow a news feed that you can trust. By doing so, you can keep on top of any fresh threats that have emerged, learn lessons from other cyber attacks and pick up the latest tips and advice from influencers and experts in this field.

News from this sector really shouldn’t be seen as the preserve of IT specialists – the scale and nature of the threat suggest that this should be of interest to everyone. There’s a burgeoning band of podcasts available on the subject for people who prefer to digest content in this way too.

Bring Up The ‘Security Question’

If you think that installing an anti-virus program is enough, then you’re mistaken. Don’t just presume that you’re safe because you have this because this is merely the first line of defense to root out attacks. By adopting a safety first mindset you can ensure that the way you handle your data is less risky.

Whether it’s securing your Wi-Fi network at home, managing and updating your passwords on a regular basis or the way you collect, collate and analyze data throughthe point of sale software at work, continually ask yourself ‘is this safe?’ Just as ignorance isn’t bliss, complacency could prove your undoing. Place ‘security’ high on the list of credentials to consider when buying new software or hardware, don’t just go for the cheapest option.

Training

Even the experts are constantly having to refresh their understanding of the threat posed by cyber attacks. It pays to search out training opportunities, especially if you’re a business. You are, after all, only as safe as the people operating your software and systems and you don’t want to put the security of your business in the hands of someone who is unsure about what they are doing. Individuals and businesses alike can find free learning materials on Cybrary to help plug any knowledge gaps they have.

It’s Good To Talk

Cyber attacks are incredibly common – but people don’t often enough talk about their experiences. Perhaps you’re afraid or embarrassed to have been caught out? There’s no need to be. In fact, talking with friends and colleagues could really help you to stay safe. Pass on tips about new apps, good software, neat tips and tricks and any new cyber attack tactics you have come across and you can help to do your own bit to combat the criminals.

By keeping up to speed with security news, refreshing your training, sharing tips and tricks and adopting a safety first attitude you’ll give yourself the best possible chance of staying on top of cyber security developments and, best of all, safe.