IT leaders fear ‘trickle-down’ of nation-state cyber attacks

guest · Aug 19, 2021

IT leaders fear ‘trickle-down’ of nation-state cyber attacks
August 19, 2021
https://www.computerweekly.com/news...ar-trickle-down-of-nation-state-cyber-attacks

Almost three-quarters of IT executives are concerned that the trickle-down of cyber attack tactics, techniques and procedures (TTPs) used by nation state-backed actors will impact their business, according to new data from HP Wolf Security, HP Inc’s endpoint protection unit.

A total of 1,100 IT decision-makers were polled by Toluna in Australia, Canada, Germany, Japan, Mexico, the UK and the US earlier in 2021, and the pollsters found that 72% of them feared that nation-state TTPs could filter through the dark web and be used against them.

“Tools developed by nation states have made their way onto the black market many times,” said Ian Pratt, global head of security for personal systems at HP Inc. “An infamous example is the Eternal Blue exploit, which was used by the WannaCry hackers.
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“The recent software supply chain attack launched against Kaseya customers by a ransomware gang is a good example of this. This is the first time I can recall a ransomware gang using a software supply chain attack in this way.”

Besides the risk from cyber criminals, more than half – 58% – of decision-makers said they were concerned about being directly targeted by a nation state, and 70% feared they could end up becoming collateral damage in a hypothetical future cyber war. The main concerns relating to nation-state attacks were sabotage of IT systems or data, disruption to everyday operations, data loss or theft, and revenues loss.
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