Cyberattack

  • Lisa Fröhlich
  • November 6, 2023

Table of content

    Cyberattack

    A cyberattack is a targeted attempt to penetrate computer systems, networks, or digital devices with the intention of stealing, damaging, manipulating, or compromising data. These attacks are often carried out by hackers, cybercriminals, state actors, or other malicious parties to achieve various goals.

    Cyberattacks take a variety of forms, and their purpose can range from financial gain and espionage to influencing political processes. Defending against a cyberattack requires advanced security measures, such as firewalls, antivirus software, regular security updates, and security risk awareness training.

    What are the common cyberattack types?

    There are several types of cyberattacks that aim to compromise computer systems, networks and data. Here are some of the most common types of a cyberattack:

    • Malware attacks: Malware, an acronym for “malicious software,” includes viruses, worms, Trojans and ransomware. These programs are designed to penetrate computer systems and cause damage, steal data, or extort the victim.
    • Phishing: Phishing attacks usually happen via fake emails or websites that look like they come from trusted sources. The goal is to grab personal information such as passwords and credit card details.
    • Denial-of-service (DoS) and distributed denial-of-service (DDoS) attacks: These attacks aim to make websites or networks inaccessible by overloading them with traffic. DDoS attacks use a large number of hijacked computers (botnets) to generate the traffic.
    • Ransomware: Ransomware attacks encrypt a victim’s files or systems and then demand a ransom to restore the data.
    • Man-in-the-Middle (MitM) attacks: In these attacks, an attacker infiltrates communications between two parties to intercept or manipulate data.
    • SQL injection: This is an attack method where attackers inject malicious SQL code into an input form or URL to access or manipulate a system’s database.
    • Zero-day exploits: These are vulnerabilities in software or operating systems found by attackers that developers do not know about. Attackers exploit these vulnerabilities to break into systems before security patches are released.
    • Social engineering: This is a manipulation technique in which attackers exploit human psyche and social interactions to obtain confidential information. This can be done via phone calls, fake identities, or targeted deception.
    • Insider threats: This type of attack occurs from individuals within the organization who access sensitive information and use or share it without consent or permission.
    • Advanced Persistent Threats (APTs): APTs are sophisticated, targeted attacks often carried out by state-sponsored or organized groups. They can go unnoticed for an extended period of time.
    • Brute-Force Attacks: In this method, attackers attempt to gain access to a system by systematically trying all possible passwords.
    • Cryptojacking: Attackers use the processing power of victim computers to mine cryptocurrencies without the victims noticing.

    It is important to note that the threat landscape is constantly changing, and new attack methods are constantly developed to circumvent security measures. The best way to stay ahead of the curve is with constant security updates and cybersecurity awareness.

    What are the most common targets of cyberattacks?

    Cyberattacks are a widespread threat and can have different targets depending on the attackers’ intentions.

    One of the most common types of cyberattacks is to steal sensitive data. This can be personal information, credit card data, medical records, intellectual property, trade secrets, or confidential government information. Stolen data is often used for illegal purposes such as identity theft or extortion.

    Denial-of-service (DoS) and Distributed-Denial-of-Service (DDoS) attacks aim to make websites or online services inaccessible by flooding them with a high flow of traffic or data, which can cause significant disruption. This type of attack is more and more often carried out in combination with extortion.

    Ransomware attacks are another common type. In these attacks, the attackers encrypt computers or systems and extort a ransom to restore the data or access to it.

    Cyber espionage is another common form of attack in which states, companies, or other groups aim to obtain classified information, research data, or military strategies. This information can be used for economic or political gain.

    There are also attacks aimed at disrupting or damaging critical infrastructure, such as power grids, water supplies, or transportation. These attacks can have a significant impact on society.

    Some cyberattacks aim to achieve financial gain, whether through the theft of money or cryptocurrencies or through fraudulent activities such as online scams or trading in stolen data.

    In addition to financial motives, political or ideological reasons can also lead to cyberattacks. Some attackers use cyberthreats to spread political messages or promote political change.

    Identity theft is another target of cyberattacks, in which personal information is stolen to steal or misuse identities, whether for financial gain or crimes on behalf of the victim.

    Companies may be the target of attacks to steal trade secrets, gain competitive advantage, or disrupt business processes.

    The motives behind a cyberattack can be diverse, especially as the targets can range from financial gain to political influence. Companies, governments and individuals must therefore take comprehensive cyber security measures to protect themselves against these threats.

    How can I protect my company from a cyberattack?

    Ensuring your organization is protected from cyberattacks requires a comprehensive security strategy and the implementation of security best practices. Below, we’ve listed some key actions you can take:

    • Awareness and training: Make your employees aware of the risks of cyberattacks by providing cybersecurity training. Train them to recognize phishing attempts and other scams.
    • Firewall and antivirus software: Install a firewall and up-to-date antivirus software on all company computers and devices to detect and block malicious activity.
    • Regular updates: Ensure all operating systems, software and applications are up to date. Update regularly to close security gaps.
    • Strong password management: Enforce the use of strong passwords and make sure they’re changed regularly. It also helps to use multi-factor authentication (MFA) for added security.
    • Data backup and recovery: Back up your data regularly and make sure you can recover quickly in the event of an attack.
    • Access control: Limit access to sensitive data to authorized employees only and implement access control policies.
    • Network security: Monitor your network for suspicious activity, use intrusion detection and prevention systems (IDPS) and encryption to secure communications.
    • Mobile devices: Implement security policies for mobile devices to ensure they are protected as well.
    • Patch management: Manage patches and updates for operating systems and applications to address security vulnerabilities.
    • Contingency plan: Develop a contingency plan in the event of a cyberattack. This should include recovery and communication measures.
    • External service providers: Ensure that external service providers and partner companies also implement appropriate security measures if they have access to your data or systems.
    • Compliance: Make sure you comply with applicable policies and data protection regulations, especially if you process personal data.
    • Security assessment: Conduct regular security assessments and penetration tests to identify and address vulnerabilities.
    • Insurance: Consider purchasing cyber insurance to protect against the financial impact of cyberattacks.
    • Monitoring and response: Implement a security monitoring system to detect suspicious activity early and develop plans to respond quickly to security incidents.

    If you find that you cannot implement these measures with internal resources, it may be advisable to work with cyber security experts to ensure that your company is optimally protected against a cyber attack. Many companies now prefer the Zero Trust approach to radically counter the plethora of threats

    What are the new trends or developments in cyberattacks?

    Unsurprisingly, increased online security leads to attackers finding innovative ways to exploit weaknesses. Some of the latest cyberattack trends include:

    • Carpet bombing attacks: Carpet Bombing is a type of  an DDoS attack that distribute itself across a certain number of targets rather than a more easily identifiable single target. The traffic load is typically a lot smaller per attack and therefore harder to identify.
    • Advanced ransomware tactics: Ransomware attacks have evolved to not only encrypt files, but also steal data and use it as leverage to extort ransom. These attacks often target businesses and organizations.
    • Increased supply chain attacks: Attackers have realized that vulnerabilities in an organization’s supply chain are an effective entry point. They target suppliers and partner companies to gain access to their primary target’s systems.
    • Artificial intelligence and machine learning (AI/ML): Criminals are increasingly using AI and ML to automate and optimize attacks. These technologies can be used to identify vulnerabilities, personalize phishing emails, and evade security measures.
    • IoT threats: As the proliferation of IoT devices increases, so does the risk of attacks on connected devices. These could be abused for DDoS attacks or used as an entry point into home or enterprise networks.
    • State-sponsored attacks: Some cyberattacks are carried out by state actors or intelligence agencies to pursue geopolitical goals. These attacks can be particularly advanced and difficult to detect.
    • Zero-day exploits: Attackers continue to exploit zero-day vulnerabilities for which security patches are not yet available. Such exploits are particularly dangerous because they often go undetected until they are actively exploited.
    • Social manipulation: Phishing attacks and social engineering are becoming increasingly sophisticated. Attackers are using personal information from social media to carry out credible attacks.

    Protecting against cyber threats requires a holistic cybersecurity strategy that includes prevention, detection and response. Our cybersecurity experts are happy to assist you to find a perfectly tailored security solution.

    Contact us now >>

    Maximum Bandwidth Doubles and Number of High-Volume Attacks Rises in Past Year, According to Link11’s Q1 2020 Report
    DDoS Infographic: Freaky Monday
    X