Fraud Prevention;
Treasury Management
September 21, 2010
According to a new report, "The Top Cyber Security Risks", jointly
issued by security vendors TippingPoint and Qualys, as well as the
Internet Storm Center and SANS Institute, more than half of current
cyber attacks against businesses and government agencies are focused on
two common vulnerabilities. The report finds that client-side software
and Internet-facing websites are the greatest cyber risks.
Waves
of targeted email attacks, often called spear phishing, are exploiting
client-side vulnerabilities in commonly used programs such as Adobe PDF
Reader, QuickTime, Adobe Flash and Microsoft Office. This is currently
the primary initial infection vector used to compromise computers that
have Internet access. Those same client-side vulnerabilities are
exploited by attackers who have infected visitors via insecure websites,
the report says.
How Client-side Exploits Happen
Client-side
software is so vulnerable because the client programs are now the front
door through which attackers walk to gain access to the rest of the
environment. "Without proper security of client systems, attackers can
compromise such systems on internal networks and use them as a jump-off
point for complete control within an enterprise environment," according
to the report.
Because visitors feel safe downloading documents
from trusted sites, they are easily fooled into opening documents and
media (music, videos) that exploit client-side vulnerabilities. Some
exploits do not even require the user to open documents. Simply
accessing an infected website is all that is needed to compromise the
client software.
The victims' infected computers are then used to
propagate the infection and compromise other internal computers and
sensitive servers incorrectly thought to be protected from unauthorized
access by external entities. In many cases, the ultimate goal of the
attacker is to steal data from the target organizations, and also to
install back doors through which the attackers can return for further
exploitation.
Web Application Attacks
The second
critical area where hackers are focusing includes vulnerable Web site
applications. Attacks against Web applications constitute more than 60
percent of the total attack attempts observed on the Internet, according
to the report. These vulnerabilities are being exploited widely to
convert trusted Web sites into malicious sites, serving content that
contains client-side exploits. Web application vulnerabilities such as
SQL injection and cross-site scripting flaws in open-source, as well as
custom-built applications, account for more than 80 percent of the
vulnerabilities being discovered. Most website owners are running scans
every quarter, but most of those scans look for operating system errors
and are ineffective in looking for SQL injection or cross-site scripting
flaws.
In many cases, the Web applications are compromised via
mass-customized tools that are able to detect and exploit a wide range
of vulnerabilities (for example Web applications with SQL injection
flaws running Microsoft SQL server as a back end, or Web applications
written in PHP with remote file inclusion vulnerabilities). "These
attacks are so successful because users trust these websites and are
willing to install software or follow links that are offered by these
websites," the report adds. These attacks also affect millions of
systems and are among the most pervasive ways to distribute malware.
What can be done
On
average, major organizations take at least twice as long to patch
client-side vulnerabilities as they take to patch operating system
vulnerabilities, according to the new report. In other words, the
highest priority risk (client-side vulnerabilities) is getting less
attention than the lower priority risk (OS vulnerabilities).
Organizations
need to have a better system for deploying patches to client-side
software -- especially third-party programs. They need to configure
their systems so that users log on to systems without local
administrative privileges. Web application vulnerabilities continue to
proliferate, acting as a vehicle for client infection or stealing
sensitive data. The battle has moved from targeting traditional network
services to a focus on client-side software and Web applications.
The
report indicates that large scale exploitation of Web applications will
continue and become more sophisticated. "These attacks can be
mass-customized and launched with simple tools against a large number of
systems," according to the report. "Developers need to prevent these
simple flaws in the future, and system administrators need to find
better way to inventory and secure these applications in the
enterprise."
This report is different from any study done before,
because it reflects massive amounts of data on the actual attacks
(millions of them) and on the speed with which the underlying
vulnerabilities are being patched (actual data from thousands of
companies).
The amazing data is that enterprises are prioritizing
what is unimportant, and delaying fixing the main attack targets. The
report can be expected to result in the shift of a lot of money around
in organizations because the findings are hard to ignore. Given the
strength of the data, not acting could be seen as obvious negligence.
The full report can be seen at http://www.sans.org/top-cyber-security-risks/
The views expressed in this column are solely those of the author and do not reflect the views of SVB Financial Group, or Silicon Valley Bank, or any of its affiliates. This material, including without limitation the statistical information herein, is provided for informational purposes only. The material is based in part upon information from third-party sources that we believe to be reliable, but which has not been independently verified by us and, as such, we do not represent that the information is accurate or complete. The information should not be viewed as tax, investment, legal or other advice nor is it to be relied on in making an investment or other decisions. You should obtain relevant and specific professional advice before making any investment decision. Nothing relating to the material should be construed as a solicitation or offer, or recommendation, to acquire or dispose of any investment or to engage in any other transaction.
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New Report Indicates that Cyber Attacks are Focused on Two Key Vulnerabilities9/21/2010 01:45:00 PM Posted by: According to a new report, "The Top Cyber Security Risks", jointly issued by security vendors TippingPoint and Qualys, as well as the Internet Storm Center and SANS Institute, more than half of current cyber attacks against businesses and government agencies are focused on two common vulnerabilities. The report finds that client-side software and Internet-facing websites are the greatest cyber risks.
Waves of targeted email attacks, often called spear phishing, are exploiting client-side vulnerabilities in commonly used programs such as Adobe PDF Reader, QuickTime, Adobe Flash and Microsoft Office. This is currently the primary initial infection vector used to compromise computers that have Internet access. Those same client-side vulnerabilities are exploited by attackers who have infected visitors via insecure websites, the report says.
How Client-side Exploits Happen
Client-side software is so vulnerable because the client programs are now the front door through which attackers walk to gain access to the rest of the environment. "Without proper security of client systems, attackers can compromise such systems on internal networks and use them as a jump-off...
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