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Neu Cyber Threats – 21st July 2022

Table of Contents

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Welcome to the latest edition of the Neu Cyber Threats, a weekly series in which we bring attention to the latest cyber attacks, scams, frauds, malware including Ransomware and DDoS, in order to ensure you stay safe online.

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

 

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Large Scale AiTM Phishing attack on over 10,000 organisations.

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Last week, Microsoft disclosed many phishing attacks on organisations since September 2021 through hijacked Office 365 accounts that are even protected by MFA (Multifactor Authentication).

An AitM (Adversary-in-the-middle) phishing site is set up, and the attacker will then deploy a proxy server making the intended target connect to a lookalike page designed to harvest the login credentials and MFA token.

Although AitM attacks look to circumvent MFA, it is vital not to underestimate the importance of MFA as it prevents several other attacks and is simple but effective for security. Educating your staff on how to spot phishing emails and what signs to look for is essential. Use tools like KnowBe4 training that provides Managed Security Awareness Training and sends simulated phishing emails.

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Nation State Hackers target small and medium Businesses

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North Korea emerges as a threat cluster to target Small to Medium organisations with a strand of ransomware called H0lyGh0st. This strand has seen a large increase in infection since September 2021.

The group uses known vulnerabilities within organisations to execute remote code and allow lateral movement and the ability to pull down payloads to run the ransomware. Once the ransomware is running, the files and folders become encrypted and unusable. A ransom is then requested, which can vary around 1.2 and 5 BTC.

The group will also exfiltrate data which will be dols on the dark web if the victim does not pay the ransom. This group has become more apparent since the rise of ransomware attacks and groups even after the COTI halted operations after their large leak.

Some of the current large-scale ransomware groups consist of LockBit, Hive, Lilith, RedAlert and 0mega.

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UK’s Largest Social Landlord hit by Cyber Attack

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The Company Clarion Housing, based in Plymouth, suffered a large-scale cyber attack. The organisation responsible for thousands of households within the UK found themselves unable to receive phone calls, emails and more.

Due to this issue, tenants could not report faults, pay rent or even transfer details for house sales. This resulted in significant disruption for both the organisation and the tenants, which the organisation has not yet fully recovered from.

This is why it is crucial to ensure your cyber security policies and incident response plans are implemented and practised.

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

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Frequently Asked Questions

As a leading IT and technology provider, we offer three core services, all of which have additional add-ons. We offer Managed IT Support, Business Central implementation and consultation, as well as Managed Cyber Security. Call us on 01283 753333 if you are interested in any of our services.

Contact us

Support: 01283 753300

Business Development: 01283 753333

Purchasing: 01283 753322

Admin and Accounts: 01283 753311

Email: hello@neuways.com

Managed IT support is a comprehensive solution where an expert IT provider, like Neuways, handles your technology infrastructure. This includes proactive monitoring, maintenance, cyber security, and support.

Yes we do. Your business needs Cyber Security due to the increasing number of cyber threats that are affecting businesses in all industries. If your business has data and technology systems implemented, you will need Managed Cyber Security.

We can help you conduct Cyber Audits to assess whether your business would gain Cyber Essentials and Cyber Essentials Plus Certification. Our dedicated departments work with your team to assess how much work is required before you gain Cyber Essentials Plus certification. We will then provide advice and consultation on what aspects you need to change within your business before providing a quote on how we can assist your company become Cybersafe.

Yes we can. We have our own dedicated Microsoft Dynamics 365 Business Central teams who work to ensure that we can implement the right systems and solutions into your website that are absolute right for you. Our experienced business consultants have worked all over the world for organisations operating on a global scale. 

Exclaimer Pro is a dynamic email signature that helps clients to switch and change around email signatures so that clients are able to advertise different offers and brands to a variety of email recipients. Administrators can also manage user emails internally, meaning the user does not have to touch their own email signature.

We offer Managed Security Training to help employees spot email phishing attacks, spear phishing attacks and vishing attacks. We also help train clients on how to use the various pieces of software we provide to clients, like Exclaimer Pro, Business Central and Cybersafe software.

We are a Managed IT Support provider based in Derby, East Midlands. However, we cover so many areas including the whole of the UK, Europe, and America. We are always willing to travel and send our expert technicians to ensure you have the best experience. 

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