CFC has put together a few top cyber-related resolutions for this year. Check them out and have a secure 2019!
- I will change all default passwords on my personal and work devices.
- I will regularly check for updates to the operating systems of my laptop, computer and mobile phone.
- I will install strong anti-virus software and keep it updated.
- I will think twice before clicking on unknown links or attachments in emails.
- I will authorize payments to new transfer partners via telephone to minimize risk of fraud.
- I will not share sensitive information on social media that could be used against me in phishing attacks.
- I will back up my entire system at least once a week on an external hard drive.
- I will encrypt my mobile phone and all of my other devices.
- I will talk to my kids (or parents) about how to stay safe online.
- In the event that resolutions 1-9 fail, I’ll have a cyber insurance policy in place to save the day!
CFC sent us the advisory below to share regarding a new multi-factor authentication (MFA) vulnerability. Whether you have your cyber policy with CFC or elsewhere, please review and take steps to minimize your exposure.
CFC has become aware of a significant new security vulnerability that can be easily exploited to bypass multi-factor authentication (MFA). MFA is commonly used to protect against phishing attacks and compromised passwords, which are two of the most common root causes of cyber claims seen by our incident response team. Even worse, we’ve become aware of tools available on the dark web that exploit this vulnerability and expect substantial use of the tool to compromise previously protected environments.
How it works
A new penetration testing tool has been published by a security researcher that automates phishing attacks against multi-factor authentication protected websites. This tool, dubbed Modlishka, sits between a user and a target website such as Outlook 365 or Gmail.
The victim receives authentic content from the legitimate site but all traffic and all the victim’s interactions with the legitimate site pass through and are recorded on the Modlishka server. Any passwords a user may enter are automatically logged on this server, while the reverse proxy also prompts users for 2FA tokens when users have configured their accounts to request one.
If attackers are on hand to collect these tokens in real-time, they can use them to log into victims’ accounts and establish new and legitimate sessions. We have seen a similar method used to intercept other web services such as Citrix Web Access.
You can find more information here.
Steps to take
- Disable web access to email or remote desktop environments where possible
- Use hardware tokens as a means of multi-factor authentication (FIDO 2.0 and U2F)
- Implement phishing awareness and education:
- Do not click on links in emails, and instead type the address in your browser
- Avoid suspicious email attachments or links, and if necessary, verify the sender
- Never hand over your credentials such as passwords or sensitive information such as bank account numbers
- Check that the website address looks right and is spelled correctly
- Use DMARC in order to protect against spoofing of email domains
Cyber security attacks continue to increase in both size and severity. In order to truly protect themselves, businesses must remain informed on the latest cyber security trends. While it can be difficult to predict the emergence of new risks, the following is a list of major threats experts have identified for 2019 and ways to protect your business:
- Viruses and worms—Computer viruses and worms are malicious programs designed to infect core systems and destroy essential data. What’s more, viruses and worms can replicate themselves, infecting an entire network quickly. To protect your system, install anti-malware on all network devices.
- Drive-by download attacks—Drive-by download attacks generally refer to the unintentional download of malicious code from an app, operating system or browser, which, in turn, opens you up for an attack. What’s most concerning about these attacks is users don’t have to click, download or open anything to become infected. The best way to avoid these types of attacks is to keep your web browsers updated and ensure users don’t navigate to potentially dangerous sites.
- Phishing attacks—Phishing scams are a common strategy for hackers—one that requires minimal technical know-how and can be deployed via email. With every opened email, users risk becoming the victim of monetary loss, credit card fraud and identity theft. Successful phishing attacks oftentimes go unnoticed, which increases the risk of large and continued losses, particularly for businesses. To avoid becoming the victim of an attack, organizations need to train users on how to identify and avoid common phishing scams.
For more information on network security threats and prevention strategies, contact your insurance broker today.
© Zywave, Inc. All rights reserved
Because identity theft and data breaches are becoming an ever-growing problem, it’s important to not only have a different password for each account, but to make those passwords easy to remember and hard to guess. The following are tips you can use to make your password harder to crack:
- Change your passwords every 90 days. This might seem like a hassle at first, but hackers have a better chance at cracking your passwords if they never change. It’s also a good idea to avoid reusing passwords.
- Make your passwords at least eight characters long. Generally, the longer a password is, the harder it is to guess.
- Don’t use the same password for each account. Hackers target lower security websites and then test cracked passwords on higher security sites. Make sure each account has a different password.
- Include uppercase letters and special characters in your password. Special characters include symbols like “#,” “*,” “+” and “>.” These symbols can make your password more complex and harder to guess.
- Avoid using the names of spouses, kids or pets in your password. All it takes for a hacker to crack passwords that include these things is a little research on social media sites like Facebook and Twitter.
© Zywave, Inc. All rights reserved