http://www.infosecurity-magazine.com/news-features/techniques-of-cybercriminal/



12 Apr 2016 News Feature
<http://www.infosecurity-magazine.com/news-features/>
Techniques of Cyber-Criminals Continue to Evolve


Michael Hill <http://www.infosecurity-magazine.com/profile/michael-hill/>
Deputy Editor , Infosecurity Magazine

A new report by Symantec <https://www.symantec.com/> has revealed that
cyber-criminals have adopted an organizational shift in how they carry out
their work, implementing corporate best practices and establishing
professional businesses to increase the efficiency of their attacks against
enterprises and consumers.

“Advanced criminal attack groups now echo the skill sets of nation-state
attackers. They have extensive resources and a highly-skilled technical
staff that operate with such efficiency that they maintain normal business
hours and even take the weekends and holidays off,” said Kevin Haley,
director, Symantec Security Response. “We are even seeing low-level
criminal attackers create call center operations to increase the impact of
their scams.”

The security firm’s study the *Internet Security Threat Report
<https://www.symantec.com/security-center/threat-report>* found the number
of zero-day vulnerabilities, which advanced professional attack groups
commonly target in their own scams or sell to lower-level criminals,
discovered in 2015 more than doubled to a record-breaking 54, a 125%
increase from the previous year.

“Zero-day flaws allow hackers to take advantage of weaknesses in software
that its developers and the organizations using it are unaware of,” Piers
Wilson, head of product management at Huntsman Security
<https://www.huntsmansecurity.com/>, told *Infosecurity*. “Until one of the
good guys realizes these weaknesses exist, they remain unpatched and can
therefore be exploited by those that know where to look.”

“Unfortunately, the rise of zero-day threats will likely continue.
Organized hacking teams are turning these exploits into big business,
creating a whole new market around finding and then selling them on to
lower-level cyber-criminals to take advantage of,” he added.

Similarly, malware spiked at an alarming rate in 2015 with 430 million new
malware variants unearthed, highlighting the fact that cyber-criminals are
leveraging vast resources to overpower defenses and access corporate
networks.

“Malware has always been a huge security threat,” Wilson explained.
“However, what is becoming apparent is that we are seeing a whole new
generation of malware that is a lot nastier and even more sophisticated
than what came before it.”

Furthermore, ransomware also continued to evolve in 2015, with the more
damaging style of crypto-ransomware attacks growing by 35%. This year,
ransomware spread beyond PCs to smartphones, Mac and Linux systems, with
attackers increasingly seeking any network-connected device that could be
held hostage for profit, indicating that the enterprise is the next target.

Symantec says that more than half a billion information records were stolen
or lost last year, suggesting large businesses who suffer an attack will on
average be targeted three more times within the next 12 months.

The firm also noted that whilst a record-setting total of nine
mega-breaches were reported with 429 million identities exposed, there was
a concerning 85% jump in the number of companies that chose not to disclose
how many records they lost.

“The increasing number of companies choosing to hold back critical details
after a breach is a disturbing trend,” said Haley. “Transparency is
critical to security. By hiding the full impact of an attack, it becomes
more difficult to assess the risk and improve your security posture to
prevent future attacks.”

Ben Johnson, chief security strategist and co-founder of Carbon Black
<https://www.carbonblack.com/>, told *Infosecurity* that to combat more
sophisticated cyber-criminals, companies have to gain a better
understanding of how they operate.

“Defending against the new wave of sophisticated hacker requires security
teams to go beyond simply ‘block-and-tackle’ techniques toward
understanding the root causes behind cyber-attacks,” he said.

“Security is more than just identifying a piece of malware and deleting or
quarantining it. Understanding how cyber-attacks work enables you to focus
on addressing attack delivery mechanisms (e.g., with URL and email
filtering), preventing exploitation (e.g., with patch management), and
using network analysis to look for signs of command-and-control.”

“If your processes and technology do not provide the larger picture, you
might as well be emptying the ashtrays on the deck of the Titanic,” he
added.




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