State-Backed Cyber Attacks Are a Rising Threat, According to Moonlock

For many people, the term "cybersecurity threats" used to evoke distant, abstract concerns.

Kalispell, Montana, United States, 10/01/2024 / SubmitMyPR /

For many people, the term "cybersecurity threats" used to evoke distant, abstract concerns. But today, it’s a growing reality that impacts governments, businesses, and individuals alike. In particular, state-backed cyberattacks have become a rising threat as they gain more sophistication and targeting critical infrastructures. Why does this happen? Because geopolitical tensions and the increasing reliance on digital technologies have created new battlegrounds in cyberspace. And we are not winning in it.

Because of that, we must stay vigilant and adapt our defenses to this evolving threat landscape. It would be wrong to believe that it is just a matter of protecting data. It goes much deeper and touches on the topic of safeguarding national security, business continuity, and even personal privacy. All these aspects are actually affected now.

Below, we explore the latest findings from Moonlock, a cybersecurity division of MacPaw, on the alarming rise of state-backed cyberattacks and what it means for the future of cybersecurity. Are you ready to dig deeper into this intricate topic?

A Common Example of a Threat

As these attacks become more frequent, individuals and companies alike face an increasing number of threats that exceed even the wildest expectations. A common example is the Apple security alert, which can often confuse users about the legitimacy of warnings or raise questions like, "What is spam risk?" Let’s make it clear: such alerts are sometimes tied to larger schemes. As Moonlock reveals, these attacks are becoming more sophisticated, so people and corporations can’t handle their deceptive tactics. That’s why we really need to understand them if we want to stay ahead of malicious actors in this always-changing digital landscape.

Key Findings by Moonlock

The Moonlock article notes that companies reported a surge in state-sponsored malware detections, with over 20 new macOS malware variants identified in 2023 alone. Almost every sector, from government agencies to private corporations, has faced the impact of state-backed cyberattacks in recent years. It’s become nearly impossible to ignore the increasing sophistication of these assaults.

For example, many attacks are now meticulously planned to bypass traditional security measures because they employ advanced tactics like zero-day exploits and deeply embedded malware. Experts say that those can even remain undetected for extended periods.

Even macOS is not immune to these dangers although it’s very safe to use. Recent findings by Moonlock have revealed that state-backed APTs (Advanced Persistent Threats) are now targeting macOS systems, a shift from the previous focus predominantly on Windows. These state-backed cyberattacks aim to exploit vulnerabilities in macOS to gain unauthorized access to sensitive data. Let’s explore some prominent examples of these attacks and the groups behind them.

Lazarus

To give you a better understanding of the whole picture, let’s consider a real case. One of the most high-profile instances involved Lazarus, according to Moonlock. Tech experts say that it’s associated with the North Korean government that aimed cyberattacks at financial institutions and cryptocurrency exchanges.

OceanLotus

Similarly, the infamous OceanLotus, attributed to a nation-state, crippled global infrastructure. It focuses mainly on political dissidents, media, and private-sector companies in Southeast Asia. Cybersecurity aspects assume that it has been backed by the government of Vietnam since at least 2012.

Fancy Bear

What’s more, there is another dangerous state-backed cyberattack backed by the Russian military intelligence agency, GRU. It’s called Fancy Bear or APT28. The Moonlock research says that it usually employs phishing emails with malicious links or attachments to get access to various sectors worldwide.

Similarities among APT Groups

All these APT groups mentioned above rely on spear-phishing to initiate attacks. They use advanced malware and employ encryption and obfuscation techniques to conceal their actions. Also, encrypted communication channels are maintained for their command and control (C2) servers.

Targets and Methods as Stated by Moonlock

State-backed cyberattacks don’t just focus on one type of victim, unfortunately. They target both governmental and private entities alike, often with devastating consequences that are almost impossible to neutralize.

By the way, governments are particularly vulnerable in this case as they store sensitive information related to national security, intelligence, and citizen data. On the other hand, private organizations, especially in sectors like finance, healthcare, and energy, are also prime targets due to the critical nature of their services. Hackers sponsored by states know that breaching these sectors can cause chaos, disrupt economies, and even destabilize nations. Sounds frightening, isn’t it?

When it comes to techniques, phishing remains one of the most powerful approaches for many years. It is often the first step, tricking individuals into revealing confidential information through seemingly trustworthy emails or messages. And what’s next? Once inside, malware and ransomware are unleashed. They start spreading super quickly through networks. As it was designed in a specific way, malware can steal data, while ransomware locks important files and demands hefty payments for their release.

No matter how careful you are, these methods are highly effective, particularly when attackers use them in combination. It’s a sad fact that if businesses and governments don’t adopt advanced cybersecurity strategies, they risk severe disruption at the hands of these state-sponsored actors.

Implications for Global Security Expected by Moonlock

As you may guess, the rise of state-sponsored cyberattacks carries serious geopolitical consequences. Since nations engage in hacking activities, the global balance of power is shaped by cyber capabilities more and more. These cyberattacks are no longer isolated incidents! They are tools used by states to gain an edge in international politics, which is really dangerous. The ability to breach another country's systems can do so many bad things, such as:

● destabilize governments

● manipulate public opinion

● interfere with elections.

It’s a shadow war happening behind screens, with real-world impacts that ripple across borders.

Speaking even more about this, a successful breach can do the following:

● cripple industries;

● disrupt financial markets;

● cause widespread panic in critical infrastructure.

It would be wrong not to mention financial aspects here. Economically, countries may face billions in damages due to stolen intellectual property, halted operations, and ransom payments. And what about diplomatic issues? Well, it also strains relationships between nations, as governments are forced to respond to hostile cyber actions. Tensions rise, trust erodes, and international cooperation becomes more fragile. Overall, it leads to a world where cyber capabilities may dictate diplomatic decisions.

Cybersecurity Best Practices

Of course, advanced technology is a must when comes to defending against cyberattacks. But let’s not forget the importance of cyber hygiene, both at the corporate and individual levels. What exactly does this mean? Well, cyber hygiene refers to the everyday practices and habits that keep systems secure. Regular updates, strong passwords, and cautious handling of emails and files are some of the most basic yet effective steps everyone should follow.

At the corporate level, strategies must go beyond basic protocols that we all know. Implementing multi-factor authentication, conducting regular security audits, and educating employees on identifying phishing attempts are all great measures that we shouldn’t neglect in any case. Furthermore, businesses need to prepare for the worst. That means at least two things: having response plans in place for potential breaches and constantly updating their cybersecurity systems to stay ahead of state-backed threats.

Final Thoughts

The rise of state-backed cyberattacks is a real wake-up call for all of us. Moonlock's findings show just how complex and far-reaching these threats can be. While it might seem overwhelming, staying informed and being proactive is key. Luckily, there is still a way to better protect ourselves and contribute to a more secure global environment. We can do it by embracing smart cybersecurity practices and staying on top of the latest developments. So, let’s take these insights seriously and work together to tackle these challenges head-on.

Author’s BIO

Gloria Delgado is a cybersecurity expert and technology strategist. She specializes in defending against emerging threats and has worked with global organizations to enhance their security protocols. Gloria believes that staying ahead of state-backed cyberattacks is crucial in today’s digital age. That’s why she is passionate about creating content that educates others on cybersecurity.

Disclaimer:

The opinions expressed in this article are those of the author and do not necessarily reflect the views or positions of KISS PR or its partners. This content is provided for informational purposes only and should not be construed as legal, financial, or professional advice. KISS PR makes no representations as to the accuracy, completeness, correctness, suitability, or validity of any information in this article and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.



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