In today’s rapidly evolving digital landscape, businesses face a myriad of threats, with financially motivated attacks posing a significant risk to corporate systems. Such malevolent acts, including the increasingly prevalent ransomware and the somewhat rarer instance of business email compromise (BEC), follow a series of steps. While some of these steps are common across various attack types, others are unique. Fortunately, every step is an opportunity to mitigate these invasions.
The selection of targets is predominantly automated, with bots tirelessly scouring for accessible and vulnerable systems. This indiscriminate approach means that we all are potential victims, as attackers incur no cost in their digital sweeps.
On the other hand, advanced persistent threats (APT) involve substantial investment from attackers, both in terms of financial resources and skilled manpower, hence only a select few organizations are typically at risk.
Following target selection, initial system breach attempts are chiefly automated and include:
Phishing attempts are becoming increasingly sophisticated, making it challenging to distinguish them from legitimate correspondence, even for well-trained IT personnel. However, most phishing attempts can be mitigated through:
Nonetheless, technology is no substitute for informed and vigilant employees. Security Awareness Training platforms like KnowBe4 are invaluable for educating staff on recognizing and handling cyber fraud and attack attempts. To effectively adapt and improve your cybersecurity posture, it is vital to implement a blend of sophisticated defense mechanisms and foster a culture of awareness and vigilance among your workforce. These measures will not only protect your business assets but also empower your employees to act as the first line of defense against cyber threats.
Vulnerabilities are a multifactorial issue that usually exceeds the capabilities of any analyst to check. Perhaps the biggest problem is to locate them. The best solution in this case is the regular analysis by a vulnerability scanning tool such as Fortra’s Frontline Vulnerability Manager, which looks for:
Unfortunately, processes such as vulnerability scanning and penetration testing run on a quarterly or annual basis and their purpose is not the protection but the identification of problems. A series of other solutions come to take over the continuous protection of the systems:
Once the breach has been executed, the delivery and execution of the malicious software follows. The software, beyond the main attack, often includes mechanisms for bypassing and disabling security systems and discovering other potential targets within our network.
The primary tool for handling an attack once it has entered the system is antivirus / anti-malware / endpoint protection (EPP) software. If the malicious software, e.g., ransomware, is “known,” even a classic signature-based antivirus can stop the attack. Unfortunately, this mode of operation cannot stop very recent attacks and variations.
Unknown threats, referred to as zero-day attacks, require a wide variety of techniques and collaboration with external platforms, even teams, for a system to recognize and address them. Such EPP solutions are known as Advanced Threat Protection Platforms and include functions such as:
There are many aspects of security and correspondingly many solutions that cannot be analyzed within the framework of a text. IP Partners is a certified partner of all the manufacturers mentioned above and can provide you with the solutions and support you need. Contact us to design an effective and most importantly sustainable security strategy for your business.
Now, isolate the systems that have been exposed and communicate with our Technical Support Department. There are several things that need to be done mainly to prevent the problem from spreading to other systems and to be legally and administratively covered (e.g., destruction of tax documents).
As far as the data that was destroyed is concerned, there is only one solution: a reliable backup process that produces up-to-date and recoverable copies of data.