Brain Trust Technologies LLC

Understand these 4 types of hackers

2016Apr28_Security_C Why do hackers attack? Is it for money, notoriety, or political reasons? Many business owners never ask these questions, and instead only think about the means of how a cyber attack takes place. But knowing the motive behind a hacker’s attack can help you understand whether or not you’re a target and what data you need to protect. So let’s take a closer look at 4 different types of hackers and their motives.

Script Kiddies

When it comes to skill level, Script Kiddies are at the bottom of the totem pole and often use scripts or other automated tools they did not write themselves – hence the name. With only an elementary level of technical knowhow, Script Kiddies usually don’t cause much damage…usually. The Script Kiddy virus known as the Love Bug which sent out an email with the subject-line “I LOVE YOU” fooled millions of people, including some in the Pentagon, in the early 2000’s. The virus reportedly caused around 10 billion in lost productivity and digital damage.

So who is a Script Kiddie? Most of the time they’re simply bored youth looking for a thrill or notoriety. Many never evolve into a full-time hacker, and instead just use their skills as a hobby. Oddly enough, many Script Kiddies find a career later on working in the security industry.

Hacktivist

If you’ve heard of Anonymous, LulzSec or AntiSec, then you’re familiar with Hacktivists. These groups are made up of members of varying skill levels, all the way from Script Kiddies to some of the most talented hackers in the world. Their mission is largely politically motivated as they aim to embarrass their targets or disrupt their operations, whether that be a business or government body. Two of the most common ways they attack their target are by stealing sensitive information and exposing it or denial of service (DDoS) where a server is overloaded till it finally crashes.

As a small or medium-sized business owner you are not necessarily immune to Hacktivist disruption. If your business or a company you’re associated/partnered with participates or provides services that can be seen as unethical, such as Ashley Madison (who fell victim of a major Hacktivist attack last year), then you too may be targeted by Hacktivists.

Cyber Criminals

Often talked about in the media and well-known by most SMBs, cyber criminals are after one thing: money. Their targets run the gamut, including everyone from individuals to small businesses to large enterprises and banks. But what do these targets usually have in common? They either have a very valuable resource to steal or their security is easy to exploit…or a combination of both of these. Cyber criminals can attack in a number of ways including using social engineering to trick users into providing sensitive information, infecting an organization/individual with ransomware or another form or malware, or exploiting weaknesses in a network.

Insiders

Perhaps the scariest type of hackers are the ones that lurk within your own organization. Insiders are made up of disgruntled employees, whistleblowers or contractors. Oftentimes their mission is payback; they want to right a wrong they believe a company has perpetrated toward them, so they’ll steal sensitive documents or try to disrupt the organization somehow. Edward Snowden is a prime example of an insider who hacked his own organization – the US government.

Now that you know what motivates your enemy, you’ll hopefully have a bit of an idea as to whether or not you’re a target. To learn more about how to secure your business from these types of hackers, get in touch with our experts today.

Published with permission from TechAdvisory.org. Source.

Risks financial firms face

TTP’s stands for threats and tactics, techniques and procedures, the number of which has been gradually increasing since 2015. The financial services sector has long been the target for cyber criminals, where they apply a myriad of techniques ranging from social-engineering to credential-stealing malware. This means the time for security professionals to boost cyber situational awareness has never been more fitting. These are the seven latest threats that have recently surfaced:

Extortion

The cyber criminal Armada Collective gained notoriety for being the first to utilize distributed denial-of-service (DDoS) attacks. This occurs when multiple systems flood a targeted system to temporarily or completely disrupt service. They evolved the idea further and started to extort Bitcoins from victims who were initially notified of their vulnerability. If they didn’t comply with the ransom demands of the criminals, they would flood their systems until the victim’s network would shut down completely.

Social media attacks

This involved criminals using fake profiles to gather information for social engineering purposes. Fortunately, both Facebook and Twitter began to proactively monitoring for suspicious activity and started notifying users if they had been targeted by the end of 2015. However, you should still have your guard up when someone you don’t know, or even a friend or colleague, starts asking you suspicious questions.

Spear phishing

Phishers thrive off familiarity. They send out emails that seem to come from a business or someone that you know asking for credit card/bank account numbers. In 2015, phishers went to the next level and began whaling. This normally involved spoofing executives’ emails (often CEO’s) to dupe the finance departments to transfer large sums of money to fraudulent accounts.

Point-of-sale malware

POS malware is written to steal customer payment (especially credit card) data from retail checkout systems. They are a type of memory scraper that operates by instantly detecting unencrypted type 2 credit card data and is then sent to the attacker’s computer to be sold on underground sites.

ATM malware

GreenDispenser is an ATM-specific malware that infects ATM’s and allows criminals to extract large sums of money while avoiding detection. Recently reverse ATM attacks have also emerged, this is when compromised POS terminals and money mules to reverse transactions after money being withdrawn or sent to another bank account.

Credential theft

Dridex, a well known credential-stealing software, is a multifunctional malware package that leverages obfuscated macros in Microsoft Office and extensible markup language files to infect systems. The goal is to infect computers, steal credentials, and obtain money from victims’ bank accounts. It operates primarily as a banking Trojan where it is generally distributed through phishing email messages.

Other sophisticated threats

Various TTP’s can be combined to extracted data on a bigger scale. Targeting multiple geographies and sectors at once, this method normally involves an organized crime syndicate or someone with a highly sophisticated setup. For example, the group Carbanak primarily targeted financial institutions by infiltrating internal networks and installing software that would drain ATM’s of cash.

The creation of defensive measures requires extensive knowledge of the lurking threats and our team of experts is up-to-date on the latest security information. If you have any questions, feel free to contact us to find out more about TTP’s and other weapons in the hacker’s toolbox.