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Malware – Why Prevention Is Crucial

In a recent Computerworld article entitled Security tools can't keep hackers at bay, Jaikumar Vijayan writes about malware that struck Schnucks supermarket chain.  It took the experts from Mandiant two weeks to plug the security holes exploited by this malware. Why was this malware so difficult to  find and fix? Because the bad guys are using ever more sophisticated means to hide their evil work. The article quotes Avivah Litan, an analyst at Gartner: Increasingly, attackers are resorting to techniques like hiding stolen data inside legitimate files and encrypting data to evade detection. They cloak their malware or hide it within seemingly innocuous files so that [...]

2017-01-07T17:35:20-05:00May 11th, 2013|SP Guard, spear phishing|

Phishing – Favorite Tool of State Affiliated Espionage

Verizon recently released their 2013 Data Breach Investigations Report. We encourage everyone who cares about network security to read the report. One statistic stands out from the rest: The bad guys need credentials to do their dirty work. The most effective way to get credentials is to steal them using spearphishing. At Iconix we are dedicated to offering a real solution to this problem. That solution is SP Guard.

2017-01-07T17:35:20-05:00May 3rd, 2013|SP Guard, spear phishing, Uncategorized|

Twitterverse’s Spearphishing Agony

The Twitter feeds of the BBC, the AP and the Guardian have all been compromised.  This fake tweet from the real AP Twitter account: caused $140 billion in stock market losses. In response to these events, Twitter issued a memo to the press  in which Twitter gives various recommendations on how to deal with the spearphishing problem. While this memo gives sound advice, the recommendations do not address the core spearphishing problem. What is the core spearphishing problem? Deception is the core spearphishing problem. In spearphishing, the bad guys send socially engineered emails which initiate a process which steals credentials.  The spearphisher's [...]

2017-01-07T17:35:20-05:00May 3rd, 2013|SP Guard, spear phishing|

$140 Billion Spearphishing Attack

Yesterday, April 23, the twitter account of the AP wire service was compromised.  The perpetrators sent out a fake tweet from the real AP account saying that the President had been injured in a bombing at the White House.  There was no bombing. Jay Carney Confirms President is Fine This is the tweet that cost $140 billion in lost stock market value. How could this have happened?  It happened because a spearphishing email tricked an employee of AP into compromising the credentials to AP's twitter account.  With the credentials in hand, the attackers were free to use the twitter [...]

2017-01-07T17:35:20-05:00April 24th, 2013|SP Guard, spear phishing|

Drone Sector Under Spearphishing Attack

On April 17, 2013, FireEye reported on a series of spearphishing attacks against government agencies and aerospace, defense, telecommunications companies in India and the United States. The attachments which installed the malware varied considerably.  Some were blank, some were unreadable, some purported to contain contact data for a U.S. serviceman.  And some of the attachments were infected copies of an Indian researcher's report on the Pakistani drone program. FireEye reports on the various techniques that the attackers uses to prevent detection.  FireEye identified this evasion methods: The file specifies fake properties, pretending to be Google or Microsoft. The file is [...]

2017-01-07T17:35:20-05:00April 22nd, 2013|SP Guard, spear phishing|

APT – Going for Cybergold

After an investigation which commenced in autumn of 2011, yesterday (April 11, 2013) Kaspersky Labs announced the results of its investigation into malware in the gaming industry. Kaspersky has identified the attackers as the Winnti organization. Kaspersky observed: It’s tempting to assume that Advanced Persistent Threats (APTs) primarily target high-level institutions: government agencies, ministries, the military, political organizations, power stations, chemical plants, critical infrastructure networks and so on. In this context it seems unlikely that a commercial company would be at risk unless it was operating on the scale of Google, Adobe or The New York Times, which was recently [...]

2017-01-07T17:35:20-05:00April 12th, 2013|SP Guard, spear phishing|

Smarter Malware

After a spearphishing email deceives a recipient into introducing malware into a network, diverse protective strategies kick into action. These defensive strategies monitor activity and flag unusual activities. The goal of the attacker is to "stay below the radar" and avoid detection. FireEye has discovered malware which seeks to hide behind legitimate activity to evade detection. FireEye reports that, unsurprisingly, this malware is introduced as an attachment to a spearphishing email. After the malware, dubbed "Trojan.APT.BaneChant", is installed, the malware engages in a multi-tiered defensive strategy to evade detection.  FireEye summarized the malware's detection evasion strategies: 1. Evade sandbox by [...]

2017-01-07T17:35:20-05:00April 5th, 2013|SP Guard, spear phishing|

Cyber Attacks Target Human Frailty

In testimony before the United States Senate Armed Services Committee, Subcommittee on Emerging Threats and Capabilities, cyber security experts from Mandiant told the Senators that intruders often use  deceptive emails to compromise systems. Kevin Mandia said, They're leveraging human weaknesses and human vulnerability and trust to break into these organizations. Mandia told the senators that it is difficult to defend against deception. It is easy to deceive people.  This is an example of a deceptive spearphishing email. What looked like a routine FedEx email was, in fact, a cyber attack that compromised the New York Times. Your personnel will receive [...]

2017-01-07T17:35:20-05:00March 25th, 2013|SP Guard, spear phishing|

The Importance of Being Current

The widely report attacks on banks in South Korea provide a strong lesson in the importance of using up-to-date software. As the Los Angeles Times reports, the attack was not technically sophisticated.  Nevertheless, as the New York Times reports, the attack was extremely effective in causing havoc in South Korea. Avast! has determined that this attack exploited non-current versions of Internet Explorer.   If the users had been using correctly configured versions of current software, instead of being damaged, the attack would have been stopped by the browser.

2017-01-07T17:35:20-05:00March 22nd, 2013|Uncategorized|

Director of National Intelligence warns US Senate — Cyber Is First On His List

Yesterday, March 12, James R. Clapper, the Director of National Intelligence, provided the United States Senate with the annual US INTELLIGENCE COMMUNITY WORLDWIDE THREAT ASSESSMENT.   The first threat in the report is Cyber. While we think it is important to read the entire discussion of Cyber, we think this excerpt provides a good summary of the situation: Foreign intelligence and security services have penetrated numerous computer networks of US Government, business, academic, and private sector entities. Most detected activity has targeted unclassified networks connected to the Internet, but foreign cyber actors are also targeting classified networks. Importantly, much of the nation’s [...]

2017-01-07T17:35:20-05:00March 13th, 2013|Uncategorized|