Intelligent CISO Issue 28 | Page 62

BUSINESS SURVEILLANCE COVID-19 CYBERATTACKS ARE PLACING ORGANISATIONS AT INCREASED RISK Security professionals across the Middle East must educate employees about the rise in Coronavirusrelated cybercrime and how to avoid placing their organisation at risk. Werno Gevers, Cybersecurity Specialist at Mimecast, explains. rganisations O are already facing business challenges in the wake of the Coronavirus pandemic, and a rapid rise in COVID-19 related cyberattacks is causing additional stress. A new report from the Mimecast Threat Intelligence Centre, entitled 100 Days of Coronavirus, tracks cybercrime activity since the start of the outbreak. It found that between January and March 2020, global monthly volumes of spam and opportunistic cybercrime detections increased by 26.3%, impersonation fraud detections increased by 30.3%, malware detections increased by 35.16% and the blocking of URL clicks increased by 55.8%. In addition, over 115,000 COVID-19 related spoof domains, designed to steal personal information, were detected over the three-month period. Focusing on the Middle East and North Africa (MENA), the Threat Intelligence team saw notable increases in malware (22%) and spam (36%) during February and March, when the virus started spreading in the region. Shockingly, there was a 751% increase in unsafe clicks during the first three months of the year – likely as a result of a rise in human error caused by stress, unusual working environments and our desire to stay informed. Cybercriminals feed on people’s fears Phishing scams often tap into whatever is currently making headlines. Thankfully employees’ awareness of cybersecurity continues to grow, but Werno Gevers, Cybersecurity Specialist at Mimecast criminals are making the most of the current situation by feeding on people’s fears and anxiety. In short, people just aren’t thinking straight. We’re also getting used to receiving emails from employers, authorities and just about every brand we’ve ever interacted with, about their response to COVID-19. Bad actors know this and are impersonating these organisations with the aim of getting concerned citizens to click on malicious links. Between March 9 and 20, we saw a 234% increase in daily registrations of new Coronavirus-related web domains and subdomains at more than 6,100 a day. While some of these 60,000+ sites were legitimate, the majority weren’t. Links were used to capture credentials, 62 Issue 28 | www.intelligentciso.com