Microsoft Defender is an app whose objective is to defend against malware, but what happens when malware outsmarts it?

We’ve all heard the headlines about the volatile world of NFTs, but a new development is that they’re being used to help spread malware. In a particularly extreme case, one PC user thought they were downloading an NFT game, but the only thing which got played was the victim’s Google account. As a result of the Google account being hijacked, the victim ended up losing over $24,000 in cryptocurrency.

This incident, as with many other scams, relied on a momentary lapse of judgement, so we’re going to put it under the spotlight to see what we can learn.

How Did an NFT Game Carry Out a Robbery?

The attack started when the victim received a message from a stranger over Telegram, an encrypted messaging service which prides itself on the anonymity it provides users. The message urged the victim to download a blockchain game called Orbit Unit. Deciding that the message was harmless and the recommendation worthy of investigation, the victim downloaded Orbit Unit and installed it.

Unfortunately, the download was fake and riddled with malware. Once activated, the malware went on to install a malicious Chrome extension. Housed within the Chrome browser, the extension was titled Google Keep Chrome Extension, in an attempt to mimic the genuine Google note keeping app. The malicious app certainly fulfilled its promise of taking notes but did so in a way which compromised the victim’s data. All data entered into Chrome, be it login credentials, cookies, or browser history, was harvested by the malware.

For the victim, it was particularly frustrating as they had Malwarebytes on their PC and it failed to detect the malware. This has been attributed to the victim most likely having the free version of Malwarebytes, where real-time protection isn’t activated. What they did have, though, was Microsoft Defender, an app which promises to help “individuals and families protect their personal data and devices.” In this instance, Microsoft Defender failed spectacularly.

The threat actor behind the malware was able to access the victims Google passwords through Chrome and gain access to their cryptocurrency wallets. It was from here that they were able to steal $24,000 worth of cryptocurrency.

Staying Safe When Malware Protection Fails

You and your employees may not deal in cryptocurrency, but this cyberattack demonstrates the importance of being able to identify a potential attack and protect your data. Therefore, make sure you practice these best security practices:

For more ways to secure and optimize your business technology, contact your local IT professionals.

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We’re already halfway through 2023 and threat actors are showing no signs of slowing up, but just where is cybersecurity heading?

It may feel as though you’re waging a never-ending battle against hackers and, well, that’s exactly what you’re doing. However, the strategies and techniques of threat actors has changed significantly in the last two decades. Back in 2003, for example, ransomware was less prevalent, but now it’s a major player in terms of cyber-attacks. Therefore, it’s always good to keep one step ahead of the hackers and understand where they are likely to go next.

What Will Future Cyber Attacks Look Like?

The future of cybersecurity will be concerned with maintaining defenses against existing threats and tackling new, innovative strategies launched by threat actors. These attacks are expected to be based in the following categories:

Artificial Intelligence: the impact of artificial intelligence (AI) has been huge in the last couple of years, just look at the interest generated by ChatGPT in 2023. However, the power to cause damage with AI is causing just as many headlines. You can, for example, ask AI systems to help generate code to build computer programs. The exact same code which is used to build malware. This means that designing and executing malware could be easier than ever before, and lead to a surge in new attacks.

Remote working: since the pandemic, more and more employees have been working remotely. While this is convenient, and has been shown to enhance productivity, it also increases the risk of falling victim to malware. Although many remote workers connect to their employers through a VPN, they are often accessing this through devices which aren’t secure. Also, as they will not have colleagues directly around them to offer advice, employees will be more vulnerable to, for example, clicking a malicious link.

Phishing: threat actors have been launching phishing attacks for nearly 20 years, and this means that many PC users can easily spot a phishing email. But this doesn’t mean we’re safe. Instead, it’s likely that future attacks will be more sophisticated to be successful. Taking advantage of AI and machine learning, threat actors will be able to craft phishing emails which are both engaging and convincing. This will allow their attacks to be more successful and harvest more stolen data.

Cryptojacking: despite several significant attacks, cryptojacking is yet to hit the mainstream PC user in the same way that ransomware has. Nonetheless, cryptojacking attacks are on the rise. Accordingly, PC users are likely to become more familiar with them in the next few years. Cryptojacking, as the name suggests, involves hijacking a PC and using its computing resources to mine cryptocurrencies. Due to the huge amount of processing power required to mine cryptocurrency, these attacks target entire networks and can grind them to a halt.

Final Thoughts

These four attack strategies may not be troubling you every day, but they could soon become regular headaches. That’s why you need to adopt a proactive approach to cybersecurity. Make sure that you

keep updated on the latest threats, regularly review your security measures, and ensure that your staff are fully trained in cybersecurity best practices.

For more ways to secure and optimize your business technology, contact your local IT professionals.

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Hackers have decided to cash in on the popularity of Spider-Man by infecting copies of his latest movie with cryptocurrency mining malware.

Going to the movies is an expensive activity these days and, as a result, many people are turning to illegal torrents. These torrents are shared by hundreds of different people, each sharing the entire film as a file, with downloaders able to download parts of the file from these multiple sources. It may sound like the perfect answer to paying and queuing at the movies, but it’s an act which infringes copyright and is 100% illegal. And, of course, there’s the little matter of malware being bundled into these torrents. Nonetheless, it’s estimated that around 28 million users download and share illegal files every day.

Illegal downloads are here to stay, so it’s important that you understand the dangers they carry in terms of cybersecurity. And the Spider-Man example is the perfect place to start.

Using Spider-Man to Spread Malware

The latest Spider-Man movie is ‘Spider-Man: No Way Home’ and it was released to theatres in December 2021. Within days of the movie’s premiere, poor quality copies – often filmed from within a theatre – started appearing on torrent sites such as The Pirate Bay. However, there were also torrents available which contained a nasty surprise. Several torrents which claimed to be of No Way Home contained a file with the name of ‘spiderman_net_putidmoi.torrent.exe’ – ‘net_putidmoi’ being Russian for No Way Home.

But far from presenting you with a copy of the new Spider-Man movie, activating this file would launch cryptocurrency mining malware. The malware automatically added exceptions to Windows Defender in order to avoid detection on the infected system. With this concealment in place, the malware could then harvest the PCs processing power to mine a cryptocurrency known as Monero. While mining cryptocurrency is legal, the hijacking of PCs to power this process is highly illegal and dangerous.

How Do You Avoid These Types of Infection?

The malware involved in the Spider-Man hack has not been shown to compromise any personal information. But it will slow your PC down. And a more dangerous piece of malware could easily start compromising your data. Therefore, it’s essential that you avoid falling victim to malware hidden in torrents. The best way to stay safe is:

For more ways to secure and optimize your business technology, contact your local IT professionals.

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