{"id":24636,"date":"2019-01-24T14:20:08","date_gmt":"2019-01-24T14:20:08","guid":{"rendered":"https:\/\/blog.trendmicro.com\/?p=542583"},"modified":"2019-01-24T14:20:08","modified_gmt":"2019-01-24T14:20:08","slug":"impacts-to-enterprise-security-a-look-at-as-a-service-attacks","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/impacts-to-enterprise-security-a-look-at-as-a-service-attacks\/","title":{"rendered":"Impacts to Enterprise Security: A Look at as-a-service Attacks"},"content":{"rendered":"

\"\"\/<\/p>\n

Ever since certain solutions have begun being offered \u201cas-a-service,\u201d the market for this method of delivery has exploded. Now, elements like software-as-a-service, infrastructure-as-a-service and platform-as-a-service are key mainstay components of enterprise IT, with the market values to prove it.<\/p>\n

According to MarketWatch, the global SaaS market is on track to expand by a more than 20 percent compound annual growth rate, reaching a value of $185.8 billion by 2024<\/a>. Allied Market Research\u00a0reported that the IaaS market will see an even larger CAGR of more than 25 percent through 2023<\/a>, surpassing $92 million; and Market Research Future forecast that the PaaS sector will reach $12.12 billion through 2022<\/a> thanks to a 26 percent CAGR.<\/p>\n

The as-a-service model comes with considerable benefits, including lower front-end investments and more consistent uptime and performance of key solutions. Understandably, enterprises of all sizes across industry sectors are now flocking to as-a-service models \u2013 and they aren\u2019t the only ones.<\/p>\n

Cybercriminals are also jumping on board, with as-a-service threats that make infiltration, data theft and malicious profit more accessible than ever before. Let\u2019s examine the trend of as-a-service threats, and what this means for enterprise data security.<\/p>\n

Ransomware-as-a-service<\/h2>\n

Currently, several different malware samples and threats are being made available in as-a-service capacities through underground marketplaces. However, one of the most formidable of these is ransomware-as-a-service.<\/p>\n

Trend Micro reported on this growing trend when it was first emerging in 2016, explaining that samples including one called \u201cStampado\u201d were being offered for sale in the Deep Web. Hackers were providing the sample alongside a \u201clifetime license,<\/a>\u201d costing only $39 at the time.<\/p>\n

\u201cThis is exactly how ransomware as a service (RaaS) works \u2013 do-it-yourself (DIY) kits are sold in forums, making it incredibly easy even for nontechnical people to mount a ransomware operation of their own,\u201d Trend Micro noted in its Security News blog.<\/p>\n

Similar to other ransomware samples, this RaaS kit included a sample that encrypted files once executed on a victim\u2019s machine, locking users out of\u00a0data and displaying a warning notification demanding ransom payment for the decryption key. Instead of having to build this malicious ransomware code themselves, however, RaaS kits provide everything attackers needs to disperse a data-and-file-locking threat onto one or multiple victim systems.<\/p>\n

And, as we\u2019ve learned from past ransomware attack scopes, the more victims that can be infected, the higher potential for profit for hackers supporting the attacks. As Trend Micro pointed out in the Security News blog, infection and attack results also depend on the type of organization attacked, and the different kinds of data the ransomware is preventing access to.<\/p>\n

Locking users out of highly sensitive data \u2013 particularly when no backups are in place \u2013 can boost the motivation to pay the ransom. And in some cases, the attack doesn\u2019t end there \u2013 hackers have been known to demand a second ransom after successful payment of the first, maintaining the robust encryption preventing victims from accessing their data.<\/p>\n

\"\"<\/p>\n

There are tricky ways hackers can exploit and hack brands today.<\/em><\/p>\n

Combining threats: Ransomware and cryptocurrency mining malware<\/h2>\n

This year, the RaaS threat saw an upgrade with the discovery of an exploit kit that contained not only the GandCrab ransomware sample, but also a powerful cryptocurrency-mining malware. The so-called Rig exploit kit had been on the market since July 2018, but in August, researchers including Trend Micro\u2019s Fraud Researcher Joseph Chen noticed a change \u2013 as opposed to delivering the GandCrab ransomware, the kit included a then unknown sample, which was subsequently identified by Trend Micro researchers as the Princess Evolution ransomware<\/a>.<\/p>\n

As Chen pointed out, this effective malware combo contained in the kit translated to a dangerous threat. And making matters worse is the fact that, based on activity within underground forums observed by Trend Micro researchers, hackers were providing this ransomware-and-cryptocurrency-mining kit in a ransomware-as-a-service capacity, and were\u00a0on the hunt for supporters.<\/p>\n

\u201c[I]t appears that its operators are peddling Princess Evolution as a ransomware as a service (RaaS) and are looking for affiliates,\u201d Chen wrote. \u201cEven if users aren\u2019t diverted to the exploit kit and infected with the ransomware, the cybercriminals can still earn illicit profit through cryptocurrency mining.\u201d<\/p>\n

The Princess Evolution\/cryptocurrency mining exploit kit was far from the first time this kind of double-whammy threat emerged. As noted in an October, 2016 Security News blog, one of the very first well-known kits was the Blackhole Exploit Kit<\/a>, which first came about back in 2013 and included the well-known CryptoLocker sample. Since then, other kits \u2013 like the Angler, Neutrino and Magnitude exploit kits \u2013 were made available.<\/p>\n

This method of delivery became so popular\u00a0that\u00a0by Q4 of 2016, 18 percent of all ransomware families were arriving to victim systems through exploit kits. As activity has shown, hacker success with an exploit kit wasn\u2019t too difficult to come by.<\/p>\n

\u201cWhat makes exploit kits an effective means of delivering a myriad of threats? They require less user action, for one, as they take advantage of unpatched vulnerabilities in the most popular software,\u201d Trend Micro pointed out. \u201cAt any given time, networks will always have vulnerabilities, especially if they use legacy systems or software.\u201d<\/p>\n

What\u2019s more, while activity connected with the likes of the Angler exploit kit has considerably slowed since it first emerged, there is always the next big power combo of threats to take its place. For example, just as Angler began dying down, infections at the hands of Neutrino exploit kit rose sharply.<\/p>\n

The danger of as-a-service attacks<\/h2>\n

No matter what threats a robust exploit kit or ransomware-as-a-service system might include, the bottom line is that these represent a significant and particularly dangerous threat to enterprise security. Overall, as-a-service and other exploit kits are coming up for sale much more often on the Dark Web and underground marketplaces, and as Trend Micro pointed out, they are considerably affordable.<\/p>\n

This means that even those without malicious (or any) technical experience can buy up an as-a-service sample or exploit kit for a cost-efficient price, and launch attacks on targets at will.\u00a0In the case of exploits kits, which often leverage a zero-day threat to support successful intrusion, the risk increases.<\/p>\n

\u201cAs cybercriminals continue to use the deadly exploit-kit-ransomware combination, enterprises must contend with the risks of infection, along with any other new-fangled malware exploit kit operators decide to deliver,\u201d Trend Micro noted it its Executive Series guide on Exploits-as-a-Service<\/a>.<\/p>\n

Check out Trend Micro\u2019s guide, and reach out to one of our expert security advisors<\/a> today to learn more.<\/p>\n

Read More HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ever since certain solutions have begun being offered “as-a-service,” the market for this method of delivery has exploded. Now, elements like software-as-a-service, infrastructure-as-a-service and platform-as-a-service are key mainstay components of enterprise IT, with the market values to prove it. According to MarketWatch, the global SaaS market is on track to expand by a more than…
\nThe post Impacts to Enterprise Security: A Look at as-a-service Attacks appeared first on . 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