Cyber‐attacks set to become more targeted in 2021, according to HP Inc.

HP recently released its 2021 predictions on how security threats – such as human-operated ransomware, thread hijacking, unintentional insider threats, business email compromise and whaling attacks – are set to increase in the next 12 months.

HP’s cybersecurity experts including – Julia Voo, Global Lead Cybersecurity and Tech Policy; Joanna Burkey, CISO; Boris Balacheff, Chief Technologist for Security Research and Innovation at HP Labs; Dr. Ian Pratt, Global Head of Security for Personal Systems; and Alex Holland, Senior Malware Analyst – and experts from HP’s Security Advisory Board – Justine Bone, CEO at MedSec; and Robert Masse, Partner at Deloitte – all gave their predictions for the year ahead.

Weakened organizational security will lead to more unintentional insider threats

The dramatic changes to how we work in 2020 and the shift to remote working will continue to create challenges, says Julia Voo:

“COVID-19 has weakened organizational security. Remote access inefficiencies, VPN vulnerabilities and a shortage of staff that can help the business adapt means data is now less secure.” From a cybercriminal’s perspective, the attack surface is widening, creating more opportunities, as Joanna Burkey explains: “We can expect to see hackers identifying and taking advantage of any holes in processes that were created, and still exist, after everyone left the office.”

Boris Balacheff points out that this also means that home devices will be under increased pressure:

“We have to expect home infrastructure will be increasingly targeted. The scale at which we operate from home increases the incentive for attackers to go after consumer IoT devices and pivot to business devices on the same networks. And as we know, if attackers are successful with destructive attacks on home devices, remote workers won’t get the luxury of having someone from IT turning up at their door to help remediate the problem.”

Burkey also believes there will be more unintentional insider threats: “With employees working remotely, the lines between work and personal equipment are blurred, and innocent actions – such as reading personal email on a company machine – can have serious consequences.” Overall, the pandemic has increased the risk of employees making errors, as Robert Masse explains:

“If you view the pandemic as a war experience, then organizations will be dealing with employee burnout. This can lead to an increased risk of errors in judgement.”

Human-operated ransomware attacks will remain an acute threat

Ransomware has become the cybercriminal’s tool of choice, and this is likely to continue in the year ahead, comments Burkey:

“What we’ll see is a rise in ransomware-as-service attacks where the threat is no longer the ‘kidnapping’ of data – it’s the public release of the data.”

The rise of ransomware has fueled the growth of an ecosystem of criminal actors who specialize in different capabilities needed to pull off successful attacks. Malware delivered by email, such as Emotet, TrickBot and Dridex, are often a precursor to human-operated ransomware attacks.

“To maximize the impact of an attack, threat actors use their access to compromised systems to deepen their foothold into a victims’ networks. Many crews use offensive security tools to gain control of a victim’s domain controllers, which are often the best point in a network to deploy ransomware,”

explains Dr. Ian Pratt.

This trend is of particular concern to those in the public sector, as Alex Holland explains:

“The rise of ‘double extortion’ ransomware, where victim data is exfiltrated before being encrypted, will particularly hurt public sector organizations, who process all manner of personally identifiable information. Even if a ransom is paid, there is no guarantee that a threat actor won’t later monetize the stolen data.”

A new approach to security is needed

“2020 demonstrated that is has become critical to manage highly distributed endpoint infrastructure,”

comments Balacheff.

“Organizations need to accept that the future is distributed. Everything from remote workers’ devices to industrial IoT devices have become the new frontlines of the cybersecurity battleground in our increasingly cyber-physical world. To meet this challenge, organizations need to re-think their security architectures and controls, and embrace the necessary innovation in technology and processes to help them support this new environment. For example, modern hardware technology exists that can help not only protect but also recover employees remotely and securely in the face of destructive attacks like those we have seen in the last few years.”

“Organizations face a huge security challenge in the year ahead, with cybercriminals becoming savvier about how to extract the most value out of victims,” comments Pratt. “Relying on detection alone will only result in an unsatisfactory outcome for the organization, so a more architecturally robust approach to security is required; one that builds protection in from the hardware up. Hardware-enforced technologies like micro-virtualization are transparent to the end user – this means they can click on email attachments and download files as they normally would, but are safe in the knowledge that if anything is malicious, it is rendered harmless. This protection-first approach leaves hackers with nothing to steal and no way to persist, helping organizations to deal with the variety of threats 2021 and beyond will throw at them.”

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