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Phishers now steal plans

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Attackers behind a recent surge in phishing and payment-interception attacks on industrial companies are also stealing victims’ project and operational plans, as well as diagrams of electrical and information networks, according to a report by Kaspersky Lab.

Business Email Compromise (BEC) attacks, often linked to Nigeria, seek to hijack genuine business accounts which the attackers can monitor for financial transactions to intercept or redirect. In October 2016, Kaspersky Lab researchers noticed a significant spike in the number of malware infection attempts targeting industrial customers. They identified over 500 attacked companies in 50 countries, mainly industrial enterprises and large transportation and logistics corporations. The attacks are ongoing.

The attack sequence

The attack sequence begins with a carefully crafted phishing email, appearing to come from suppliers, customers, commercial organisations and delivery services. The attackers use malware belonging to at least eight different Trojan-spy and backdoor families, all available cheaply on the black market, and designed primarily to steal confidential data and install remote administration tools on infected systems.

On infected corporate computers, the attackers take screenshots of correspondence or redirect messages to their own mail box so they can look out for interesting or lucrative transactions. The payment is then intercepted through a classic man-in-the-middle attack, by replacing the account details in a legitimate seller’s invoice with the attackers’ own. It can be difficult for a victim to spot the substitution until it is too late and the money has gone.

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The unknown threat

While analysing the command-and-control servers used in the most recent, 2017, attacks, the researchers noted that screenshots of operations and project plans, as well as technical drawings and network diagrams were among the data stolen. Further, these images had not been taken from the computers of project managers or procurement managers, the attackers’ usual targets, but from those belonging to operators, engineers, designers and architects.

“There is no need for the attackers to collect this kind of data in order to perpetrate their phishing scams. So what do they do with this information? Is the collection accidental, or intentional – perhaps commissioned by a third party?  So far, we have not seen any of the information stolen by Nigerian cybercriminals on the black market. However, it is clear that, for the companies being attacked, in addition to the direct financial loss, a Nigerian phishing attack poses other, possibly more serious, threats,” said Maria Garnaeva, Senior Security Researchers, Critical Infrastructure Threat Analysis, Kaspersky Lab.

The next step could be for attackers to gain access to the computers that form part of an industrial control system, where any interception or adjustment of settings could have a devastating impact.

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Attacker profile

When the researchers extracted the command and control (C&C) addresses from the malicious files, it turned out that in some cases the same servers were used for malware from different families. This suggests there is either just one cybercriminal group behind all the attacks, making use of different malware, or a number of groups cooperating and sharing resources.

The researchers also found that most domains were registered to residents of Nigeria.

How to mitigate the threat

Kaspersky Lab advises companies to implement the following basic security best practice:

  • Educate employees in essential email security: not clicking on suspicious links and attachments and carefully checking the origin of an email – and keep them informed of the latest tools and tricks used by cybercriminals.
  • Always double-check requests to change bank account details, payment methods etc. during transactions.
  • Install a security solution on all workstations and servers where possible – and implement all updates without delay.
  • In the event of a system being compromised, change the passwords for all accounts used on that system.
  • If your organisation has an industrial control system, install specialist security that will monitor and analyse all network activity and more.

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Data journalism takes top prize in revamped awards

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The entries to the 2018 Vodacom Journalist of the Year Awards were extraordinarily varied and of an excellent standard, with new categories introduced which are based on content as opposed to platforms. This year, the judges decided that two entries were equally worthy of the coveted Vodacom Journalist of the Year Award.

The first co-winning entry, in the new Data Journalism category, is a set of stories by Alastair Otter and Laura Grant of Media Hack which showed how Data Journalism is shaping the future. The second co-winning entrant is Bongani Fuzile of the Daily Dispatch for his articles in the investigative category on how migrant workers were being ripped off by pension deductions (full citations below).

Convenor of the judging panel Ryland Fisher says: “This year we modernised the 12 categories that journalists could enter their work in and the change was embraced by entrants. In a turbulent time for media, the 2018 entries once again proved that there are excellent South African journalists delivering praiseworthy work, and we commend them for finding new and innovative ways to cover the news.”

Takalani Netshitenzhe, Chief Officer for Corporate Affairs at the Vodacom Group, says: “Vodacom is proud of its 17-year association with these prestigious awards, which make an important contribution to our society through the recognition of journalistic excellence. I’d like to congratulate all of tonight’s winners and, as always, I’d like to pay tribute to our hardworking judges. Ryland Fisher, Mathatha Tsedu, Arthur Goldstuck, Collin Nxumalo, Elna Rossouw, Patricia McCracken, Megan Rusi, Mary Papayya, Albe Grobbelaar and Obed Zilwa: thank you for making these awards a continued success.”

Veteran journalist and media stalwart Ms Amina Frense is the winner of the 2018 Vodacom Journalist of the Year Lifetime Achiever AwardShe has spent decades in mainstream media both locally and internationally. She is a former Managing Editor: News and Current Affairs at the SA Broadcasting Corporation. She has worked in many countries abroad as a producer and a foreign correspondent, has written two books and is also a founding member of SANEF where she still serves as a council member (full citation below).

The overall winners share the R100 000 main prize. National winners in the various categories are as follows, with each winner taking home R10 000:

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The entries in this category were of an exceptionally high standard. One entrant stood out and became the unanimous winner. This journalist showed an exceptional skill for story-telling and for finding unexpected angles and unknown facts. For his stories about Musangwe’s fight for recognitionAge cheating in SA football, and Hansie Cronje revisited, the winner is Ronald Masinda, and the team of Gift Kganyago, Nceba Ntlanganiso and Charles Lombard from eSAT TV.

Click here to see who won the awards for data journalism , CSI/sustainability and photography.

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Cons exploit Telegram ICO

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Kaspersky Lab researchers have uncovered dozens of highly convincing fake websites claiming to be investment sites for an initial coin offering (ICO) by the Telegram messaging service. Many of these websites appear to belong to the same group. In one case alone, tens of thousands of US dollars’ worth of cryptocurrency were stolen from victims believing they were investing in ‘Grams’, Telegram’s rumoured new currency. Telegram has not officially confirmed an ICO and has warned people about fraudulent investor sites.

In late 2017, stories started to circulate that the Telegram messaging service was launching an initial coin offering (ICO) to finance a blockchain platform based on its TON (Telegram Open Network) technology. Unverified technical documentation was posted online, but there appears to have been no confirmation from Telegram itself. The resulting confusion seems to have allowed fraudsters to capitalise on investor interest by creating fake sites and stealing vast sums of money.

Kaspersky Lab researchers have discovered dozens of such sites, possibly belonging to the same group, claiming to sell tokens for ‘Grams’ and inviting investors to pay with cryptocurrencies including Bitcoin, Ethereum, lice litecoin, dash and Bitcoin dash. A record of transactions on one site revealed that the scammers were able to steal at least $35,000 US dollars’ worth of Ethereum from investors.

The researchers found that some of the websites were so convincing that even after Telegram and others began to issue warnings, they were still able to recruit potential investors. Most use a secure connection, require registration and generate a unique online wallet for each new victim, making it harder to track the money.

Judging by the content of the fake websites, it appears they may have common ownership. For example, several have the exactly the same ‘Our Team’ section.

“ICOs are a fairly risky investment and many people don’t yet fully understand how they work, so it is not surprising that high quality fake websites, with seemingly reassuring features such as a secure connection and registration are successful at luring people in. People wishing to invest in an ICO would do well to check with the company behind it and make sure they know exactly who they are giving their money to, or they may never see it again,” said Nadezhda Demidova, Lead Web-Content Analyst, Kaspersky Lab.

Kaspersky Lab offers the following advice for users considering investing in an ICO:

  • Check for warning signs: for example, some of the fake Telegram ICO websites had the same wrong image next to the name of Telegram’s Chief Product Officer.
  • Do your homework: always check with the brand’s official site to verify the legitimacy of the investment site and, if necessary contact the company’s ICO teams before investing any money or currency.
  • Use reliable security solutions such as Kaspersky Internet Security and Kaspersky Internet Security for Android, which will warn you if you try to visit fake internet pages.

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