What’s Happened So Far

As we start to wrap up  2019, Cyberthreats still continue, and are expected to grow only further in size and magnitude.  A new kind of threat vector that is expected to emerge is the intentional misuse of Artificial Intelligence (AI and Machine Learning (ML) tools.

Although they have the great benefits of helping the IT Security staff of any organization to help quickly analyze the tons of information and data that they receive from their log files and to model what future threats look like, there is also a huge downside to them as well.

For example, the Cyberattacker can also use these tools in order to predict the daily, virtual movements of their potential victims, and to penetrate through when they least expect it.  The goal here is to stay much longer from within the confines of their victim, and to very slowly go after and accomplish their mission (whether it be launching Identity Theft attacks, stealing their financial information, etc.). Unfortunately, the victim will never know that they have been hit until it is much too late for he or she to do anything meaningful in the way of recovery.

It is also expected that Phishing will still continue, but this time around, it will be almost impossible to tell what a real website is, and which is a fake one.  The Cyberattacker is now even discovering new ways in which to inject malicious payloads from within the content of a legitimate website itself.  So, although it may be really authentic, you could still pick up a piece of nasty malware just by visiting the website.

In this blog, we examine some of the most notorious Cyberattacks of all time.

The 5 Worst Cyber Attacks

  1. WannaCry:

This has probably been deemed as the worst kind of Ransomware of its kind in history.  The hacking group that was primarily responsible was known as the “Equation Group”.  This was basically an Encryptor which locked the screens and various files of its victims.  WannaCry spread itself very quickly over a four-day period and took out a staggering 200,000+ computers in 150 countries.  But the effects of this had far reaching impacts.  For example, it even impacted the critical infrastructure of the healthcare industry in many of these countries, by totally locking out mission critical medical equipment and devices.  There were other targets as well, which included many logistics and supply chain facilities as well as factories. Because of this, the companies impacted in this market segment had to shut down production entirely, which resulted in financial losses for them estimated at about $4 – $ Billion.  For more technical information about WannaCry, click here.  To find out more how you can protect your computer (especially if it has the Windows Operating System), click here.

2. NotPetya/ExPetr:

This Ransomware has been deemed to be the costliest Cyberattack of all time, even worse than that of WannaCry.  This malware used both the EternalBlue and the EternalRomance exploit tools.  The danger with this one is that the encryption that was deployed on the victim’s computer was totally irreversible.  However, the primary target for this Ransomware were corporations and businesses of all kinds, it wasn’t after the individual consumer per se.  NotPetya/ExPetr was initially launched through the Security weaknesses of the “MeDoc” (which is a financial software application) update server.  Because of this, the software upgrades and patches were infected with the Ransomware, and thus spread itself very quickly.  The total financial damage of this has been estimated to be well over $10 Billion.    For more detailed information about this Ransomware, click here.

Conclusions

In our next blog, we will continue to examine the worst Cyberattacks

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