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Related: Use “human sensors”
Unfortunately, with crime-as-a-service, so do those interested in trying their hand at cybercrime. The dark web provides virtually everything that potential attackers need to take action.
Let’s take a close look at what crime as a service (CaaS) is, why it’s so dangerous, and how your business can defend itself.
Experts define CaaS as what happens when hackers and sophisticated criminals work together to create the right technologies, toolkits, and methodologies to carry out cyberattacks. CaaS occurs with increasing regularity. For example, a Illinois man was recently sentenced for running a website that allowed users to purchase subscriptions to launch Distributed Denial of Service (DDoS) attacks against computer networks.
Some criminals specialize in particular areas of dark web cybercrime activity, allowing aspiring hackers to choose from a list of crime “sellers” to execute a successful attack. For example, a hacker may choose a vendor whose specialty uses open source intelligence (OSINT) identify the most lucrative targets of phishing scams. On the other hand, other hacking vendors may focus their efforts on crash ransomware.
What makes CaaS particularly problematic is that it brings cybercrime to the masses. Sophisticated hacks are no longer relegated to the more technically savvy world. This means that even novice hackers with less advanced hacking skills can break into company systems. Accessing and wreaking havoc in an organization can start with something as simple as a phishing email.
Build a solid defense
So how is your business building a strong defense against the growing number of cybercrime attacks? First, you need to realize that the risks are real and commit to investing in processes and technologies to defend your organization.
A good place to start is with OSINT. Determine what type of open source intelligence is available for your organization, as this is the first place a potential hacker is likely to look when considering an attack.
Next, you need to implement smart messaging technology to prevent your employees, business, and network from falling victim to phishing attacks.
Why focus specifically on phishing defense? Because it is much easier for a hacker to trick an email user than it is to hack into a highly secure computer system. This means that sending a phishing email is a low-effort and potentially very rewarding way for a cybercriminal to launch simultaneous attacks. In fact, this is how over 90% of ransomware attacks are triggered.
In response, organizations need smart technology that uses a zero trust model to analyze the content of each email before it arrives in the end users’ inbox.
Savvy companies go further and insist on security solutions that use machine learning and natural language processing (NLP) to identify potential threats. Unlike reactive technologies such as secure messaging gateways (SEGs) and social graph technology, which can only detect threats on the basis of information provided by users or administrators, smart messaging security can recognize even the most sophisticated phishing attempts.
This includes attacks that use open source information or compromised accounts, making intelligent email security an invaluable tool in your defense arsenal. This technology can detect the most recent models and toolkits used by hackers.
Training is essential to protect your organization against phishing attacks. But our employees are just humans, like the rest of us, and even with training, they will miss a malicious phishing email.
This is because most of the security awareness trainings are given at some point in time, and you rely on people to pay absolute attention to it and then remember their training when they are. “On the ground”, doing their day job and under a variety of different pressures.
To ensure that the training modules are truly effective, they must be supplemented by ongoing information provided by your security software. For example, explaining to users why an email is a phishing attack straight to their mailboxes (without allowing them to harm it!).
Crime as a service has allowed even unsophisticated attackers to carry out potentially devastating phishing attacks. Most organizations are already trying to train their employees to effectively detect and combat phishing threats.
But you can’t stop there; Make sure your organization invests in defense technology that takes a zero-trust approach to phishing and uses natural language processing (NLP) and machine learning. Using the right technology, you’ll take the necessary steps to protect your business from today’s attackers by leveraging crime-as-a-service toolkits.
About the essayist: Jack Chapman is Vice President of Threat Intelligence Release software technologies. Prior to joining Egress, he co-founded the anti-phishing company Aquila, of which he was the technical director. Aquilai was acquired by Egress in 2021.
*** This is a Syndicated Security Bloggers Network blog by The last watchdog written by bacohido. Read the original post on: https://www.lastwatchdog.com/guest-essay-heres-what-every-business-should-know-and-do-about-caas-crime-as-a-service/