Risks to critical infrastructures remain top cybersecurity concern - report

Trellix, the cybersecurity company delivering the extended detection and response (XDR) solutions and expertise, has released the June 2023 edition of The CyberThreat Report from the Trellix Advanced Research Center which analyses cybersecurity trends from the last quarter.

Insights were gleaned from a global network of expert researchers who analyse more than 30 million detections of malicious samples daily. Combined telemetry is collected from one billion sensors, and data from open and closed-source intelligence. 

John Fokker, Head of Threat Intelligence, Trellix Advanced Research Center, says, "A year into the Russia-Ukraine conflict, offensive cyber capabilities are being leveraged strategically by nation-states for espionage and disruption.

"For both leading and developing countries, we see risks to critical infrastructures like telecommunications, energy, and manufacturing by notable APT groups a warning to public and private organisations to deploy modern protections to stay ahead of rapidly evolving threats."

The latest Trellix Advanced Research Center report covers the first quarter of 2023 and is comprised of evidence of activity linked to ransomware and nation-state-backed APT actors, threats to email, malicious use of legitimate security tools, and more.

Key findings include: 

• Coordinated cyber espionage: APT groups linked to China, including Mustang Panda and UNC4191, are the most active in targeting nation-states, generating 79% of all activity detected. Trellix predicts APT groups will continue cyber espionage and disruptive cyberattacks in tandem with physical military activity. 
• In ransomware, cash is king: Motivations for ransomware are still financial reflected in the Insurance (20%) and Financial Services (17%) sectors having the most detections of potential attacks. The most common leak site victims are US-based (48%) mid-sized businesses with 51-200 employees (32%) and $10-50M in revenue (38%).  
• Cobalt strike is a favourite: Despite attempts in 2022 to make it harder for threat actors to abuse the tool, Cobalt Strike grows as a tool favoured by cybercriminals and ransomware actors. Trellix detected Cobalt Strike in 35% of nation-state activity and 28% of ransomware incidents almost double from Q4 2022. 
• Old vulnerabilities continue to be exploited: Many critical vulnerabilities consist of bypasses to patches for older CVEs, supply chain bugs utilising outdated libraries, or long-patched vulnerabilities that were never properly addressed. A disclosed Apple vulnerability in February 2023 had roots as far back as the FORCEDENTRY exploit disclosed in 2021. 
• Rogue access to the cloud: Cloud infrastructure attacks on Amazon, Microsoft, and Google are rising. Though more sophisticated attacks with multifactor authentication, proxy penetration, and API execution continue, the dominant attack technique uses valid accounts, at 2x more detections than any other vector. Rogue access to legitimate accounts in remote-work environments remains significant.

Joseph Yossi Tal, SVP, Trellix Advanced Research Center, comments, "Security Operations teams are in a race to enhance defense capabilities to protect organisations from growing attack surfaces.

"Already understaffed, teams are in a daily catch-up to process millions of data points across complicated networks. Trellix's goal is to provide research to strengthen security postures through insights gleaned from our massive reservoir of intelligence."

The CyberThreat Report includes proprietary data from Trellixs sensor network, investigations into nation-state and cybercriminal activity by the Trellix Advanced Research Center, open and closed-source intelligence, and threat actor leak sites.

The report is based on telemetry related to detection of threats, when a file, URL, IP-address, suspicious email, network behaviour, or other indicator is detected and reported by the Trellix XDR platform.