Digital technology continues to transform the world of business by exposing organisations to a multitude of opportunities and threats. It is, therefore, not surprising that cybercrime continues to escalate rapidly, says GRAHAM CROOCK, Director of IT Audit, Risk and Cyber Lab at BDO South Africa.
Ranking as the second-most reported crime in South Africa. Corporate breaches in the headlines are turning hackers into the new super rogues, as these dedicated, organised, and well-financed cyber criminals bombard organisations through alternating attack tools and paths.
This trend has established cybercrime as a growing industry, which has accelerated in the last five years complete with automated tools, customer support, and guarantees for product effectiveness. The commoditisation of new attacks and automated tools has culminated in even the most amateur hacker being able to effectively deliver professional-level threats into a targeted organisation.
Complexity is the major cause of today’s cybersecurity problem, owing to extreme intricacy and solutions being costly. Data is extremely multifaceted, extensive and difficult to manage in a timeous way. This begs the question: How to manage the involvedness at a reasonable cost?
A common but often mis-understood and over relied on solution is the implementation of firewalls. However, the major pitfalls of this so-called “trusted” solution is that firewall configuration is often not aligned with changing cybersecurity policies. In short, the rate of change with regard to cyber-related risk is accelerating rapidly, increasing the security gaps organisations contend with, and leaving them more exposed than ever before.
Keeping pace with new attack techniques, and effectively defending against advanced threats, is perhaps the biggest challenge facing security teams today in a world of cyber threats. Therefore, architecting a cybersecurity solution that dynamically adapts to ongoing change is crucial. This, however, is expensive and for many organisations, unaffordable.
Consideration must be given to the underlying key themes affecting the management of cybersecurity in South Africa today, these include the following:
- Monetisation of malware (Ransomware),
- Imposition of collateral damage,
- Changes in attackers’ mindsets to shift their efforts to the direct attack of applications,
- Political pressure attempting to de-couple privacy and security attempts, and
- Implementation of faster and wider reaching infrastructure, which is not supported by skilled security experts due to the current “brain drain” associated with unprecedented levels of immigration of trained and skilled engineers and technicians who chase “real money” as opposed to the weakening Rand.
It’s no wonder that cyber security professionals keep asking: “What can we do to protect ourselves and our customers from these new found criminals ?”
As a security professional in today’s business space, we need to enable a productive work environment while providing all of the controls needed to protect the integrity and ownership of the organisation’s data as well as that of the business’s clients or customers.
To achieve appropriate levels of security is not quick nor easy, but rather complex and extremely specialised, thus requiring extensive planning, design and architecture. Therefore, the precautions that businesses who wish to survive and achieve true cyber readiness will have to take incorporate include:
· Treat security breaches as “when” and not “if” situations
· Invest meaningfully in people processes and technology
· Put cyber, network security and survival in the business context
· Stop deployment of and reliance on “end point fix solutions”
· Practice resilience scenarios and Business Continuity Plans (BCP)
· Understand the attack lifecycle and plan accordingly
· Ensure that you have an active education programme in place to ensure your staff understand the threats and are trained to react appropriately to an attack
It takes time and substantial management, as well as executive involvement, to strengthen your company’s defenses against cybersecurity risks. The ten most important cyber risks companies should be considering are:
- Failure to identify cyber risks and implement basic cybersecurity controls
- Failure by executives to identify and understand what generates corporate cybersecurity risks
- Lack of a cybersecurity policy
- Confusing compliance with cybersecurity
- Failure to recognise the importance of social engineering and the risks associated with the human factor
- Bring your own device policy (BYOD) and the cloud
- Lack of adequate funding, talent, training and implementation of inappropriate resources
- Insufficient information security training
- Lack of a business continuity and data recovery plan
- Failure to identify, accept and understand the rate at which cyber risks are evolving (polymorphic risk)
A few years ago, the concept of cyberattacks in the context of constantly moving targets was considered impossible, but now, the future is here and this is, for all businesses the new reality.
Effective governance and management are two critical elements for implementing effective cybersecurity. In moving to your next cybersecurity solution, a key goal must be to simplify security management wherever possible. Survival will be achieved through cyber-readiness!
Cyber criminals constantly innovate their threat tactics to breach organisations and make off with valuable data. As cybercrime evolves, we see increased innovation in the hacking tools and techniques used to evade known security mechanisms.
In the past few years, we have consistently noticed more advanced and targeted attacks where hackers spend ample time investigating their targets and tailoring their attack methodology. The attacks are becoming more sophisticated and are comprising multiple layers and techniques, each outsourced to specialty groups, ensuring zero-day effects.
Hackers are achieving this by making sure nothing remains constant. Each stage of the attack changes by leveraging morphing techniques, such as dynamic DNS, fresh URLs for command and control (CnC), self-destruct tools, and more. These tools are available on the Web and are easy to access as “freeware”. Yesterday’s zero-day code has already been developed, packaged and is available to cyber criminals for use in secondary campaigns.
It is crucial to understand the economies of hacking and to accept that these attackers recycle many of the same attack components. In fact, as many as 90% of these so-called “new” attacks can be prevented simply by appropriately using existing security technologies as part of an end-to-end cybersecurity plan.
Attackers typically use the most proven forms of attacks because they work, knowing that organisations are often several steps behind in patching up their systems and updating their defenses against the latest attack methods.
Boards need to have appropriate composition with cyber ready professionals, capable of demanding and positioning oversight for effective cyber readiness. It takes time and involvement to strengthen your company’s defenses against cyber security risks, but this process can help your organisation maintain shareholder value and even achieve new performance peaks.
Facebook fakes behind most phishing attempts
In the first quarter of 2018, Kaspersky Lab’s anti-phishing technologies prevented more than 3.7 million attempts to visit fraudulent social network pages of which 60% were fake Facebook pages.
The results, according to the Kaspersky Lab report, ‘Spam and phishing in Q1 2018’, demonstrates that cybercriminals are still doing what they can to get their hands on personal data.
Social network phishing is a form of cybercrime that involves the theft of personal data from a victim’s social network account. The fraudster creates a copy of a social networking website (such as a fake Facebook page), and tries to lure unsuspecting victims to it, forcing them to give up their personal data – such as their name, password, credit card number, PIN code, and more – in the process.
At the beginning of the year, Facebook was the most popular social networking brand for fraudsters to abuse, and Facebook pages were frequently faked by cybercriminals to try and steal personal data via phishing attacks. This is part of a long-term trend: in 2017, Facebook became one of the top three targets for phishing overall, at nearly 8%, followed by Microsoft Corporation (6%) and PayPal (5%). In Q1 2018, Facebook also led the social network phishing category, followed by VK – a Russian online social networking service and LinkedIn. The reason for this is likely to be the worldwide 2.13 billion active monthly Facebook users, including those who log in to unknown apps using their Facebook credentials, thereby granting access to their accounts. This makes unwary Facebook users a profitable target for cybercriminal phishing attacks.
This all reinforces the fact that personal data is valuable in the world of information technology –both for legitimate organisations and attackers. Cybercriminals are constantly searching for new methods to hit users, so it’s important to be aware of fraudster techniques to avoid becoming the next target. For example, the latest trend is spam emails related to GDPR (Europe’s General Data Protection Regulation). Examples include offers of paid webinars to clarify the new legislation, or invitations to install special software that will provide access to online resources to ensure compliance with the new rules.
“The continuous increase in phishing attacks – targeting both social networks and financial organisations – shows us that users need to pay more serious attention to their online activities. Despite the recent global scandals, people continue to click on unsafe links and allow unknown apps access to their personal data. Due to this lack of user vigilance, the data on a huge number of accounts gets lost or extorted from users. This can then lead to destructive attacks and a constant flow of money for the cybercriminals,” said Nadezhda Demidova, lead web content analyst at Kaspersky Lab.
Kaspersky Lab experts advise users to take the following measures to protect themselves from phishing:
- Always check the link address and the sender’s email before clicking anything – even better, don’t click the link, but type it into your browser’s address line instead.
- Before clicking any link, check if the link address shown, is the same as the actual hyperlink (the real address the link will take you to) – this can be checked by hovering your mouse over the link.
- Only use a secure connection, especially when you visit sensitive websites. As a minimum precaution, do not use unknown or public Wi-Fi without a password protection. For maximum protection, use VPN solutions that encrypt your traffic. And remember: if you are using an insecure connection, cybercriminals can invisibly redirect you to phishing pages.
- Check the HTTPS connection and domain name when you open a webpage. This is especially important when you are using websites which contain sensitive data – such as sites for online banking, online shops, email, social media sites etc.
- Never share your sensitive data, such as logins and passwords, bank card data etc., with a third party. Official companies will never ask for data like this via email.
- Use a reliable security solution with behaviour-based anti-phishing technologies, such as Kaspersky Total Security, to detect and block spam and phishing attacks.
Other key findings in the report include:
- The main targets of phishing attacks have remained the same since the end of last year. They are primarily global Internet portals and the financial sector, including banks, payment services and online stores.
- About $35,000 USD was stolen through one phishing site that appeared to offer the opportunity to invest in the rumoured Telegram ICO. Approximately $84,000 USD was stolen following a single phishing email mailshot related to the launch of ‘The Bee Token’ ICO.
- Financial phishing continues to account for almost half of all phishing attacks (43.9%), which is 4.4% more compared to the end of last year. Attacks against banks, e-shops, and payment systems remain the top three, demonstrating cybercriminals’ desire to access users’ money.
- Brazil was the country with the largest share of users attacked by phishers in the first quarter of 2018 (19%). It was followed by Argentina (13%), Venezuela (13%), Albania (13%), and Bolivia (12%).
- In the first quarter of 2018, the amount of spam peaked in January (55%). The average share of spam in the world’s email traffic was 52%, which is 4.6% lower than the average figure of the last quarter of 2017.
- Vietnam became the most popular source of spam, overtaking the U.S. and China. Others in the top 10 included India, Germany, France, Brazil, Russia, Spain, and the Islamic Republic of Iran.
- The country most targeted by malicious mailshots was Germany. Russia came second, followed by United Kingdom, Italy, and the UAE.
Acer gaming beast escapes
Acer this week unveiled two notebooks that take portable gaming to new extremes.
Acer unveiled two new Predator Helios gaming notebooks this week at the next@acer global press conference in New York. They include the powerful Predator Helios 500, featuring up to 8th Gen Intel Core i9+ processors, and the Predator Helios 300 Special Edition that includes upgraded specs from its predecessor and a distinctive white chassis. Both feature VR-Ready performance, advanced thermal technologies, and blazing-fast connectivity.
“We’ve expanded our Predator Helios gaming notebook line in response to popular demand from gamers seeking extreme performance on the go,” said Jerry Kao, President of IT Products Business, Acer. “The Predator Helios 500 and Helios 300 gaming notebooks feature Acer’s proprietary thermal technologies and powerful components that, coupled with our award-winning software, deliver unparalleled gaming experiences.”
“The 8th Gen Intel Core i9+ processor for gaming and creation laptops is the highest performance Intel has ever delivered for this class of devices; purpose built for enthusiasts who demand premium gaming experiences whether at home or on the go,” said Steve Long, Vice President and General Manager, Client Computing Group Sales and Marketing, Intel. “Intel and Acer’s long relationship has produced amazing products over the years, and the new Acer Predator Helios gaming notebooks are powerful examples of what’s possible with this unprecedented level of performance.”
Predator Helios 500 is a gaming beast featuring overclocking, 4K 144 Hz panels
Designed for extreme gamers, the Predator Helios 500 is a gaming beast. It features up to overclockable 8th Gen Intel Core i9+ processors and overclockable GeForce GTX 1070 graphics. Intel Optane memory increases responsiveness and load times, while ultra-fast NVMePCIe SSDs, Killer DoubleShot Pro networking, and up to 64GB of memory keep the action going, making the Helios 500 the ideal gaming notebook for graphic-intensive AAA titles and live streaming.
Top-notch visuals are delivered on bright, vibrant 4K UHD or FHD IPS 17.3-inch displays with 144Hz refresh rates for blur- and tear-free gameplay. NVIDIA G-SYNC technology is supported on both the built-in display and external monitors, allowing for buttery-smooth imagery without tearing or stuttering. For those looking for maximum gaming immersion, dual Thunderbolt 3 ports, and display and HDMI 2.0 ports support up to three external monitors. Two speakers, a subwoofer, and Acer TrueHarmony and Waves MAXXAudio technology deliver incredible sound and hyper-realistic 3D audio using Waves Nx.
The Helios 500 stays cool with two of Acer’s proprietary AeroBlade 3D metal fans, and five heat pipes that distribute cool air to the machine’s key components while simultaneously releasing hot air. Fan speed can be controlled and customized through the PredatorSense app.
A backlit RGB keyboard offers four lighting zones with support for up to 16.8 million colors. Anti-ghosting technology provides the ultimate control for executing complex commands and combos, which can be set up via five dedicated programmable keys.
Acer’s PredatorSense app can be used to control and monitor the notebook’s vitals from one central interface, including overclocking, lighting, hotkeys, temperature, and fan control.
Predator Helios 300 Special Edition brings a sophisticated design twist to gaming notebooks
Acer’s budget-friendly Helios 300 gaming line sees the addition of a Special Edition model featuring an all-white aluminum chassis accented with gold trim, an unusually chic design for gaming notebooks.
The Helios 300 Special Edition (PH315-51) allows for ultra-smooth gameplay via its 15.6-inch FHD IPS display with an upgraded 144Hz refresh rate. The rapid refresh rate shortens frame rendering time and lowers input lag to give gamers an excellent in-game experience. It’s powered by up to an 8th Gen Intel Core i7+ processor, overclockable GeForce GTX 1060 graphics, up to a 512 GB PCIe Gen 3 NVMe solid state drive, and up to a 2 TB hard disk drive.
The Helios 300 Special Edition also comes equipped with up to 16 GB of DDR4 memory, and is upgradable to 32GB. Intel Optane memory speeds up load times of games and applications, access to information and improves overall system responsiveness. In addition, Gigabit Ethernet provides fast wired connections, while Gigabit Wi-Fi is provided by the latest Intel Wireless-AC 9560 that delivers up to 1.73Gbps throughput when using 160 MHz channels (2×2 802.11ac, dual-band 2.4GHz and 5GHz).
The Helios 300 Special Edition also includes two of Acer’s ultrathin (0.1 mm) all-metal AeroBlade 3D fans designed with advanced aerodynamics and superior airflow to keep the system cool. They can be controlled with Acer’s PredatorSense app, which offers three usage modes:
1. Coolboost mode:
For heavy loading games, rendering, streaming, and extended video consumption
2. Normal mode:
For productivity tools like Microsoft Office
3. Silent mode:
For web browsing and online chatting
Price and Availability
Predator Helios 500 will be available in South Africa in June starting at R34 999.00
Helios 300 Special Edition will be available in South Africa in August 2018. Exact Price will be communicated closer to the time.