10/20/2023
IAC/S Cybersecurity Month Week 3: social engineering
In honor of National Cybersecurity Awareness Month, we will highlight some critical themes that are important to all of us in weekly email communications.
We’ve been focusing on social engineering this month because it is a favorite technique used by cyber criminals. You should consider yourself a target when at work and at home for these types of attacks. A recent LinkedIn article highlights the vulnerability of human targets and the importance of staying vigilant. “Human factors play a significant role in information security, as people are often the weakest link in the security chain,” according to Cyber Security Analyst Yazan Abbas.
“Factors such as lack of awareness, negligence, trust, and the desire to help others can make individuals susceptible to social engineering attacks. Attackers exploit these factors to bypass technical controls and gain unauthorized access. Recognizing the importance of human factors is crucial in developing comprehensive security strategies,” Abbas says.
The following recent examples show how dangerous social engineering is:
Casino giant MGM expects $100 million hit from hack
MGM Resorts, which owns casinos and hotels, is still working to resolve some of the issues that resulted from a social engineering attack that began in September. The company has not disclosed how it believes the breach happened, but an organization that follows the hacker community claims a well-known ransomware group called ALPHAV, also known as BlackCat, compromised MGM by using LinkedIn to find an employee's information and then engage in a 10-minute conversation with the Help Desk to gain access.
Social media app attacks
There has been a recent increase in social engineering attempts in the form of pop-up ads on various social media apps such as Twitter and Facebook. Many of the ads are focused on products that you would typically shop for. The ads will direct you to a fraudulent website that looks exactly like the legitimate site. For example, instead of directing you to nike.com, the link will take you to something similar such as shop.nike.com. After you provide credit card information, you may receive an email confirmation that your order has been placed, but you won’t receive the merchandise and your card will be charged for the full amount due.
Gift card scams
Most gift card scams start with a phone call from someone impersonating a branch of the government or a business. The caller might threaten to freeze your bank account and tell you that you must buy gift cards to avoid arrest or to keep access to your bank account. They will tell you to stay on the phone as you head to the store to buy gift cards to "solve the problem.” They will also ask you to provide the numbers on the back of the card you buy. These are all signs of a gift card scam. If you find yourself heading to the store to buy gift cards because someone on the phone told you to, stop. No matter who calls, texts, or emails you telling you to pay for something with a gift card, it is always a scammer. The government and legitimate businesses will never call you demanding payment with a gift card. Gift cards are for gifts, not for payments.
Hopefully the information we have provided will help you protect yourselves and MDH by remaining vigilant against these types of attacks. They certainly are not going away