Phishing emerges as major corporate security threat

Break-ins at Oak Ridge, RSA, others show that the 'low-tech' phishing attacks can have bad consequences

By Jaikumar Vijayan, Computerworld |  Security, phishing Add a new comment

The successful use of phishing emails to breach secure organizations like Oak Ridge National Laboratory and RSA are stark reminders of the serious threat posed by what some experts have dismissed as as a low-tech method of attack.

Oak Ridge, a U.S. Department of Energy-run research lab, this week disclosed it had shut down all Internet access and email services after discovering a sophisticated data stealing malware program on its networks.

According to the lab, the breach originated in a phishing email that was sent to about 570 employees. The emails were disguised to appear as notes about benefits changes written by the lab's HR department. When a handful of employees clicked on the embedded link in the email, a malware program was downloaded onto their computers.

The malware exploited an unpatched flaw in Microsoft's Internet Explorer software, and was designed to search for and steal technical information from Oak Ridge, whose engineers are in the midst of an effort to build the world's fastest supercomputer .

A Oak Ridge official described the attack as being very similar to one that hit security vendor RSA last month.

That incident resulted in the theft of information about RSA's SecurID two-factor authentication technology. And a breach at Epsilon earlier this month, said to be the largest ever involving email addresses, is also suspected to have been caused by a targeted phishing campaign.

That hackers are able to penetrate such presumably well-protected organizations using low-tech, fake email methods points to the growing sophistication of targeted phishing campaigns and the continued tendency by enterprises to think that user education alone will mitigate the problem, analysts said.

"It doesn't surprise me at all," said Anup Ghosh founder of security firm Invincea. "Almost every publicized and self-declared Advanced Persistent Threat (APT) attack this year has been through phishing emails."

Such emails, in fact, now appear to be the preferred method for illegally breaking into corporate networks, he said.

"All you need to do is to get an email to a target. You only need a very low click through rate to establish several points of presence inside an organization," Ghosh said. "If you have 1,000 employees in your organization and you train them all on not opening untrusted attachments, you'll still have someone doing it. This is not a problem you can train yourself out of."

Exacerbating the issue is the growing sophistication of phishing campaigns, analysts note.

Increasingly, organized cybergroups have started using convincingly crafted emails to target high level executives and employees within the organizations they want to attack. In many cases, the phishing emails are personalized, localized and designed to appear like they originated from a source trusted.

Ghosh said he received such an email just last week. The message, which was sent to his personal account and appeared to be sent by a close friend, included a link that purportedly would take him to a set of photographs of the friend's daughter's birthday. The email even contained the first name of the friend's daughter.

There were some red flags in the email, but Ghosh noticed them only after clicking on the link. At first glance, he said, "It was convincing enough for me."

The fact that some form of phishing has been a part of many recent hacks is troubling, said Pete Lindstrom, an analyst with Spire Security. "We all seem to be failing at basic things, which points to the possibility that they aren't really basic," he said.

Companies must routinely log and monitor networks for data leaks enabled by such phishing campaigns, he said.

In phishing attacks, companies should focus more on response and containment rather than just prevention said Rich Mogull, an analyst with Securosis.

In such attacks, companies are often dealing with adversaries with vast resources, patience and money. Often, such adversaries are willing to keep on trying until they break in. "It's nearly impossible to keep someone like that out of your organization," he said.


Originally published on Computerworld |  Click here to read the original story.

ITworld LIVE

SecurityWhite Papers & Webcasts

Webcast On Demand

Seven Deadly Sins of Cloud Security (Video)

As cloud computing gains popularity, too few people are aware of the security threats that are emerging. In this short video, experts from HP discuss the latest cloud security threats and explain measures to help overcome them. Hear about the seven deadly sins of cloud security and learn how to avoid becoming a victim of poor security in your cloud environment.Intel and the Intel logo are trademarks of Intel Corporation in the U.S. and/or other countries.

Sponsor: HP & Intel

White Paper

Establishing a Strategy for Database Security is No Longer Optional

The options for securing increasingly valuable databases are very broad and deep, and can be confusing. This research provides an overview of three categories of controls that should be implemented to ensure that enterprise data is protected in the most efficient and effective manner.

White Paper

Database Activity Monitoring Is Evolving

Read the analyst report and learn how you can leverage the core capabilities of a DAP solution for better database security.

White Paper

Protecting Against Database Attacks and Insider Threats: Top 5 Scenarios

Read this new eBook to learn the top five scenarios and essential best practices for preventing database attacks and insider threats.

Webcast On Demand

Distributed Database Security with Real-time Monitoring

View this demo and learn how IBM InfoSphere Guardium database activity monitoring can help protect your sensitive data in distributed DBMS environments with a holistic approach to data security and compliance.

Sponsor: IBM

See more White Papers | Webcasts

Ask a question

Ask a Question