Welcome to the latest edition of the Neu Cyber Threats, a weekly series in which, we here at Neuways, bring attention to the latest cybersecurity threats in order to ensure you stay safe online.

Here are the most prominent threats which you should be aware of:

 

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Software AG Hit by Data-Stealing Ransomware Attack

The Clop variant of ransomware has struck a German software company, swiping over 1tb of data. The hack begins with extensive reconnaissance work, before a series of advanced persistent threat (APT) attacks, which enables data to be extracted and ransomware to be deployed.

These hacks usually cost the victims millions in lost revenue, ransoms and reputational damage, as well as extended downtime for the business and its customer base. So, beware of any poor web security you may have, as this is how the hackers could exploit your system.

Neuways’ free Cyber Security Rating report tool provides a bespoke report that highlights your business’ strengths and weaknesses when it comes to cybersecurity, as well as offering methods of improving it. Receive a report today to ensure your business is as cyber safe as it can be.

QR Codes: A Sneaky Security Threat

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With an increase in their usage, QR codes are more prominent than ever due to the COVID-19 pandemic. But did you know they can be utilised by hackers to find a way into your systems?

If you scan a malicious QR code, hackers can carry out payments you’ve not authorised, send emails or make phone calls on your behalf, all of which can cause damage to your company’s reputation. Always verify the link that is sent to you following a QR code scan, and ensure the sender truly is who they say they are.

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Ransomware Attackers Buy Network Access in Cyberattack Shortcut

Criminals are finding vulnerabilities in businesses and selling them on the Dark Web for as little as £250. Network access is a shortcut right to the heart of a business’ systems and is often sold by an individual hacker to a group of criminals looking to target a specific business.

The best way to protect your business is to secure your network perimeter, ensure your email security is of the highest quality available and that your staff are regularly trained in spotting phishing emails. We can run a Dark Web Scan for your business to see if any of your data is up for sale on the Dark Web, so you can shore up your defences.

Microsoft is the Most-Imitated Brand for Phishing Emails

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Phishing email threats have continued to bombard businesses. The most common being those containing Microsoft branding which instantly lull the recipient into a false sense of security. With many companies utilising Microsoft’s 365 suite and apps such as Teams to facilitate remote working, these are a huge opportunity for the cyber criminals.

Poorly rendered company logos and bad grammar are often giveaways that it is a fake phishing email. The email addresses impersonating the company are also a strong indicator that there is something amiss with these communications.

If you receive an email with any of the above, do not open it! If you do, you may be giving the keys to your business’ systems over to cyber criminals.

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Finance teams targeted as ’email hijack attacks’ rise 22%

Hackers are targeting finance teams with nefarious phishing emails, as businesses have reported a 22% increase in spam emails, due to more employees working from home.

Many UK companies are being targeted at least once a week, with certain employees receiving up to five or six malicious emails per day. If you receive any spam in your inbox, it is worth communicating this with the rest of your team, especially those in the finance department.

Making colleagues aware of potential threats can reduce the level of risk these spam emails pose to your business.

Ransomware Tops 2020 Threat Rankings

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Ransomware has been reported to be the biggest cybersecurity threat of 2020.

Businesses across all different industries have been affected, with open remote desktop protocol (RDP) and Microsoft’s proprietary network communications protocols exploited, to carry out their attacks. It is worth ensuring you do not open unknown links from senders that you do not recognise, as these can be the cause of such attacks.

If you are concerned about any cyber security issues within your business, contact us today on 01283 753 333 or email hello@neuways.com.