Database of 26 Million Stolen Passwords Discovered

Cyber Security, Data Security, Ophtek, Password Security, Two Factor Authentication, Updates, , , ,
22
Jun 2021

Passwords are one of the most common security measures, but they’re still considered a risk. And 26 million stolen passwords have just been found.

We all use passwords on a regular basis throughout our working day. Logging on to remote servers and online platforms all require a set of login credentials. And, on the whole, they provide an adequate level of security. But security which is considered only adequate will always remain a tempting prospect to hackers. Login credentials will typically consist of only two pieces of information: username and password. Naturally, with only two data values required – which can be entered from any keyboard – login credentials represent some major security concerns.

That’s why the discovery of this database, containing 26 million sources of information, is considered a major alert.

What’s in the Database?

Coming in at a huge 1.2TB, the database – which was discovered by NordLocker – contains the following:

  • 26 million login credentials
  • 2 billion browser cookies
  • 1.1 million email addresses
  • 6.6 million various files including Word, PDF and image files

These numbers are, of course, huge. And it’s a safe bet that some serious data has been compromised along the way. It has also been revealed that the malware made a point of creating an image file by taking a screenshot via active webcams on infected devices. This, again, is troubling as it underlines the danger contained within the malware for compromising personal data.

The actual malware behind these data harvests is currently unknown. It is believed, however, that its method of attack is fairly standard. Upon infection, the malware will connect to a remote server where it can transmit any stolen data. The compromised data, as NordLocker found, was being hosted on a cloud-based hosting service and has now been taken down. But it’s likely that this database has already been traded and is out in the digital wild.

How Do You Protect Yourself?

Attacks such as this are sadly commonplace in the modern age, but there is a lot that you can do to protect your organization’s data:

  • Use Two-Factor Authentication: The combination of a username and password may seem strong, but it can be made even stronger by two-factor authentication. This additional layer of security requires the use of a unique piece of data transmitted to a device separate from your IT network.
  • Install All Updates: The attack in question could easily have been caused by a vulnerability put in place by outdated technology. Both software and hardware require regular updates to patch any issues that may be discovered post-launch. And it’s your responsibility to install these as soon as possible to close any potential back door attacks.
  • Regularly Monitor Network Activity: If significant amounts of data are being stolen and transmitted to a remote server, this activity will be associated with a rise in outgoing network activity. Therefore, it pays to keep a close eye on any spikes in traffic to minimize the impact of any breach.

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

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The Benefits of Cyber Security Insurance for Your Business

Cyber Attack, Cyber Security, Cyber Security Insurance, Data Breach, Data Security, Ophtek, , ,
18
May 2021

We’re all used to dealing with insurance for both our personal and business needs, but did you know it was possible to arrange cyber security insurance?

2020 saw financial losses caused by cyber crime topping $1 trillion. Yes, you read that right, $1 trillion. This is a phenomenal figure and one which underlines the damage that cyber breaches can cause. Ransomware, as you would expect, is a major contributor to this figure of $1 trillion and confirms just how important cyber security is. However, no set of defenses are 100% perfect. Accordingly, it’s possible for any organization to suffer financial losses. And this is where cyber security insurance comes in.

To help you understand the benefits of cyber security insurance and how it works, we’re going to take a quick look at the subject.

What is Cyber Security Insurance?

The impact of a data breach can be catastrophic for a business. Not only is there the damage to your reputation, but there are also the financial effects. Ransomware, of course, can pose an immediate financial risk. And many organizations feel pressured into paying the ransom fees demanded by hackers. There’s also the major risk of hackers causing direct damage to your hardware which, in turn, may need replacing. Compounding the impact even further is the threat of legal action from customers who feel as though their data has not been protected effectively.

Clearly, a cyber attack can quickly become very costly for your business. And it won’t be covered by your general liability insurance. This is why cyber security insurance has been developed. It serves to protect your business by covering your organization’s liability for any cyber attacks. This insurance is available from a wide range of vendors and is similar to almost all other forms of insurance. Each policy, which can be tailored to your specific needs, is costed accordingly and then registered against your business.

The Benefits of Cyber Security

But what exactly are the benefits of cyber security? Let’s take a look:

  • Recover Ransomware Losses: The funds demanded by ransomware can be costly and, if paid, can put a serious dent in your finances. Thankfully, with cyber security insurance in place, you can recoup any ransom funds through your insurance vendor.
  • Help Notifying Customers: By law, an organization needs to contact all affected parties when a data breach occurs. The time and energy required to carry out such a communication can be expensive. But the cost behind this exercise can be negated when you have taken out cyber security insurance.

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

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What Should You Do AFTER a Data Breach?

Data Breach, data recovery, Data Security, Hackers, Hacking, Ophtek, , ,
04
May 2021

One of IT security’s main aims is to avoid data breaches. However, breaches are inevitable in the modern age. Therefore, you need to know how to recover.

The impact of a data breach can be huge and catastrophic for all involved; organizations and their clients can be equally affected when data is stolen. And, in many cases, the clients are the ones who have the most to lose e.g financial and personal data being leaked and spread by hackers. Accordingly, if your organization finds itself in the unenvious position of experiencing a data breach, there is a lot of work to do.

A data breach is a stressful event and cleaning up afterwards can be a real struggle. But, with our tips on what you need to do after a data breach, you should find it a little easier.

Coping with a Data Breach

Once a data breach is confirmed then it’s crucial that you carry out the following:

  • Identify the Stolen Data: Understanding exactly what has been breached is vital when it comes to evaluating the extent of the attack. As long as you have a suitable set of defenses in place, you should have access to intrusion detection systems. These tools will provide an insight into which files were accessed and what the hackers did with them e.g. deleted or copied them. Putting this picture together will allow you to determine your next steps.
  • Prepare a Fix and Test It: A data breach indicates that there is a hole in your defenses, so you should act quickly to plug this. It may involve installing a security patch or it may require a more in-depth response from your IT team. Whatever the solution, you need to put it in to place as soon as possible. This will protect your data and limit any further damage. But you need to make sure this fix works. Test the solution several times to guarantee that the attacker cannot launch the same attack again.
  • Advise All Your Customers: It’s essential that, once your fix has been established, you inform your customers of what has happened. Naturally, they will be anxious as the phrase “data breach” carry a certain amount of dread. Honesty, therefore, is the best policy. Advise your customers of the data that has been breached and how it could affect them. This may be as simple as asking them to change their passwords, but could also extend to contacting their financial providers if the relevant information has been compromised.
  • Evaluate and Build Stronger Defenses: The one benefit (and we’re using that verb lightly) of a data breach is that it prompts you to strengthen your IT defenses. Your organization will need to carry out a full investigation to understand exactly what happened. Was, for example, the breach able to succeed due to out-of-date software? Or was it down to a lack of staff training on the dangers of social engineering? Regardless of the cause, the solution will need to be determined and put in place to prevent future breaches.

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

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CopperStealer Malware Shows the Dangers of Illegal Downloads

CopperStealer, Cyber Security, Data Security, Illegal Downloads, malware, Ophtek, , , ,
23
Mar 2021

The world of illegal downloads is a dangerous place to travel to and the emergence of the CopperStealer malware demonstrates why.

Ever since the dawn of the world wide web, there have been illegal downloads. And pretty much anything that runs on a PC can be downloaded illegally. The new Kings of Leon album, the latest Marvel movie or even the most up-to-date version of Microsoft Office can be found online for zero dollars and zero cents. However, the fact that these downloads are illegal means that, aside from the fact that you’re committing a felony, you could download more than you bargained for.

CopperStealer is the perfect example of this dangerous activity, so we’re going to show you exactly what can happen.

What is CopperStealer?

The CopperStealer malware is believed to have been active in the wild since 2019, but its malicious activity has only just been detected. CopperStealer relies on illegal downloads to infect workstations and does this by either masquerading itself as, for example, a Windows 10 install file or by bundling itself with a genuine piece of software. Either way, when the person downloading the file tries to install their illegal software, they will inadvertently install CopperStealer on their system. This allows the malware easy access to PCs and does it with the help of the unwitting victim.

Once CopperStealer has taken hold on a PC it begins working quietly in the background as it harvests user information. In particular, it’s exceptionally hungry for login credentials; details for major platforms such as Amazon, Google, PayPal and Twitter have all been targeted by CopperStealer. These are all websites that are used by organizations to store huge amounts of personal data, so the threat that CopperStealer represents is serious. As well as this major threat, CopperStealer also finds time to download additional malware in order to compromise infected systems even further.

How To Protect Yourself from CopperStealer

There is one simple move you can make to defend yourself against CopperStealer: don’t get involved with illegal downloads. Not only is there the threat of unwanted malware being bundled with them, but you risk installing unpatched software without the safety net of available support. Thankfully, CopperStealer is far from sophisticated, certainly compared to other contemporary malware, and can easily be removed with anti-malware software such as AVG and Kaspersky products. Naturally, you will want to make sure that your anti-malware application is fully up to date to protect against all the latest threats.

Final Thoughts

The temptation of illegal downloads, especially when we are living in a time of economic turbulence, is strong, but it pays to resist it. If, for example, your PayPal credentials are stolen then you and your customers could face some significant financial hardship. Therefore, it’s crucial that you always pay for your software. This will, as discussed, ensure you receive regular updates and patches as well as providing you with peace of mind that your software is clean.

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

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Microsoft Exchange Email Vulnerability Hits 30,000 US Firms Hard

Cyber Security, Data Security, email security, Hackers, Microsoft, Online Security, Ophtek, Software Security Patches, , , , ,
09
Mar 2021

Vulnerabilities in the Microsoft Exchange Server software have led to 30,000 US businesses being hacked. And it’s a very dangerous hack.

A total of four vulnerabilities have been discovered in Microsoft Exchange Server (MES) which has allowed hackers to carry out numerous attacks. The hackers appear to be part of a Chinese cyber-espionage group who specialize in stealing email communications. It’s believed that hundreds of thousands of firms have been attacked with at least 30,000 of them being US-based. As email is a crucial part of any modern business, it’s not an exaggeration to say that the MES hack is a major threat.

What is the Microsoft Exchange Server Hack?

The MES hack appeared, at first, to be concerned with stealing email data from organizations that were running the server through internet-based systems. The four vulnerabilities, present through MES versions 2013 – 19, allowed the hackers easy access to emails. However, the hackers – who Microsoft have called Hafnium – did not stop at stealing emails. Once they had access to affected systems, they also installed a web shell. This granted Hafnium the opportunity to gain remote access and full administrator privileges. The web shell is password protected and ensures that disrupting the hackers’ access is highly difficult.

Microsoft quickly formulated a security patch to eliminate the vulnerabilities, but many organizations have failed to install the MES patch. As a result, these organizations remain at risk. And, to make matters worse, Hafnium still has them in their sights. Using automated software, Hafnium is actively scanning the internet for any organizations using unpatched versions of MES. This allows the hackers to continue their campaign of data theft and disruption. It also appears that Hafnium is not fussy about who they target. Industries as wide ranging as NGOs through to medical researchers and legal firms have all been infiltrated by the MES hack.

Protecting Against Vulnerabilities

When it comes to attacks such as the MES hack it’s vital that patches are installed as soon as possible. The longer your system is unpatched then the chances of it being breached are exceptionally high. And, if you give a hacker enough time, there’s the chance of additional malware such as ransomware being installed. Setting your updates to ‘automatic install’ is the simplest and quickest way to minimize this risk. This will ensure that any security updates are in place the moment they are available.

But you can’t rely on a patch alone. Patches are not always available in time. And this means that you run the risk of having your systems breached and data stolen. Therefore, make sure that you also implement these procedures:

  • Monitor traffic entering and leaving your network to identify any potential breaches. Unusual levels of traffic can often indicate that hackers have taken control of your network.
  • Segment your network where possible. By separating your network into several different segments, you are limiting the access that a hacker has if they infiltrate your system.
  • Employ two-factor authentication procedures for gaining administrator privileges. This should make it next to impossible for hackers to take full control of your network.

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

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