Friday, 24 July 2020 13:00

Cyber threats against OT & IoT infrastructure growing in number and impact, says security firm

VENDOR CONTRIBUTION:  Cyber threats against OT and IoT infrastructure continued to grow in number and impact in the first half of 2020, with OT-reliant organisations increasingly embracing IoT devices, and COVID-19 forcing a global shift to remote work, according to a new global report.

The security report from global security vendor Nozomi Networks Labs also warns that, “unfortunately, threat actors appear to be capitalising on these trends”, and in the first six months of this year, they used IoT botnets and shifting ransomware tactics as their “weapons of choice” for targeting OT and IoT networks.

Nozomi says the report gives IT security professionals an overview of the most active OT and IoT threats seen in the first half of this year, and finding that:

  • New and modified IoT botnets are among the fastest growing categories of attacks, as threat actors take advantage of the increased use of IoT devices in operational networks.
  • Ransomware attackers are demanding higher ransoms, aimed at larger and more critical organisations. Additionally, ransomware gangs are often using a two-pronged approach that combines data encryption with data theft, making it difficult for the victim to avoid paying up.
  • SNAKE/EKANS ransomware continued to strike, exhibiting OT-awareness and suggesting that non-state threat actors could target industrial control systems.
  • The COVID-19 global pandemic provided threat actors with more vectors and opportunities for exploitation. Coronavirus has also opened the door to unscrupulous attacks targeting researchers and healthcare organisations on the front lines.
  • Improper input validation and buffer overflows topped the ICS-Cert vulnerabilities reported in the first half of 2020. The number of vulnerabilities tracked by ICS-Cert is growing significantly compared to 2019.

“The steep rise in threats targeting operational networks should be a serious concern for security professionals responsible for keeping not only IT, but OT and IoT networks safe,” said Andrea Carcano, Nozomi Networks Co-founder and CPO.

“The days when threats to operational networks were few and far between and often attributed to nation-state actors are clearly behind us. As IT, OT and IoT worlds converge, threat actors of all types are setting their sights on higher value targets, leaving security organisations scrambling to keep up.

“It’s a daunting task, but not impossible. We know from working with thousands of industrial installations that you can monitor and mitigate these risks, whether they stem from cybercriminals, nation-states or employees.”

Read 1826 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

SONICWALL 2022 CYBER THREAT REPORT

The past year has seen a meteoric rise in ransomware incidents worldwide.

Over the past 12 months, SonicWall Capture Labs threat researchers have diligently tracked the meteoric rise in cyberattacks, as well as trends and activity across all threat vectors, including:

Ransomware
Cryptojacking
Encrypted threats
IoT malware
Zero-day attacks and more

These exclusive findings are now available via the 2022 SonicWall Cyber Threat Report, which ensures SMBs, government agencies, enterprises and other organizations have the actionable threat intelligence needed to combat the rising tide of cybercrime.

Click the button below to get the report.

GET REPORT!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE

Related items

Share News tips for the iTWire Journalists? Your tip will be anonymous

VENDOR NEWS