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A cyber attack is an unlawful attempt to obtain access to a computer system with the aim of causing intentional damage or most times stealing important information. Cybercrime, cyber warfare, or cyberterrorism can result in debilitating data breaches or financial loss.
As technology advances, cyberattacks are becoming more sophisticated. With the increasing use of technology in our daily lives, cybercrime is on the rise, as evidenced by the fact that cyberattacks caused 92% of all data breaches in the first quarter of 2022. As data breaches become more pervasive in our interconnected world, It is very paramount to Stay current with cybersecurity trends and laws which is crucial to combat these security threats that can significantly impact business development.
These attacks can target anyone or anything connected to the internet. Individual users, large organizations, essential public services, governments, or even whole countries. So, what types of attacks should you be aware of? And how can you protect yourself?
Malware refers to “malicious software” it is designed to disrupt or steal data from a computer network or server.
To fall victim of this attack, Hackers will attempt to trick you into installing malware on your devices. Once installed, a malicious script runs in the background which will attempt to bypass the security mechanism built on your device hence giving hackers access to your sensitive data, and the opportunity to even hijack control.
Malware is one of the most commonly used cyber attacks. You should be aware of it's variations.
Please know that malware attacks can happen to individuals — like when you open a link in a phishing email. But they’re also used to attack businesses and organizations.
In May 2021, JBS USA, Which is the world’s largest meat supplier, was hit with a dangerous ransomware attack that shut down production at many of its plants. The company ended up paying a ransom of $11 million in Bitcoin to prevent further damage.
Take Note: If your computer or phone is compromised by a cyber attack, your bank account, email, and other online accounts could also be at risk.
A phishing attack occurs when a cybercriminal sends you a fraudulent email, text (called “smishing”), or phone call (called “vishing”). These messages look like they’re from someone official or a person or business who you trust – such as your bank, the FBI, or a company like Microsoft, Apple etc
In actuality, these messages are sent from imposters. If you reply with sensitive information such as your password, BVN, they can use it to take over your accounts.
Phishing and smishing messages may also instruct you to click on a link or open an email attachment that will either download malware to your device or send you to a phishing site designed like (Example: a real facebook official website) to steal your information.
In many cases, phishing attacks cast a wide net and don’t target specific individuals (this makes them easier to identify). However, there are a few new phishing cyber attacks that are more targeted and harder to spot. These include:
Scammers are getting more sophisticated with phishing attacks which makes it harder to identify when you’re a target.
A good rule of thumb is to always question unsolicited messages — especially from anyone claiming to be from a government agency or large corporation. If they call or message you, contact the company directly by obtaining contact information from their website instead of engaging with the message.
📚 Related: The Latest Telegram App Scams You Must Know →
A man-in-the-middle attack (MitM) occurs when attackers intercept data or compromise your network to “eavesdrop” on you. These attacks are especially common when using public wifi which can easily be hacked.
📚 Related: How Hackers Use Public Wi-Fi To Steal Your Information
For example, let’s say you’re using the a public Wi-Fi located at Shoprite Enugu, Nigeria and you needed to check your bank account balance or perform any other banking transaction. When you log in, a hacker can intercept your data and capture your username and password through a process called Packet Sniffing and then lateron drain your account with the information he has gotten.
MitM attacks can also be used to “spoof” conversations. Hackers insert themselves into your conversation and pretend to be the person you think you’re talking to.
In one extreme example, a hacker intercepted communications between a Chinese investor and a startup founder and got them to change the destination of a $1 million wire transfer.
📚 Related: The 15 Types of Hackers You Need To Be Aware Of →
Many cyber attacks are meant to overwhelm servers, forcing services to shut down.
A denial of service (DOS) attack occurs when hackers use false requests and traffic to overwhelm a system and shut it down. A distributed denial of service (DDoS) attack is the same type of attack, except the hacker uses multiple breached devices at the same time.
The goal of these cyber attacks isn’t usually to steal data, but to halt or even shut down business operations. DDoS attacks have shut down sites like Twitter, SoundCloud, and Spotify, and even severely damaged Amazon’s AWS.
Most websites use SQL databases to store sensitive information like logins, passwords, and account information. Hackers use an SQL injection attack to “trick” the database into giving up this information.
These attacks are a bit technical, but they come down to a hacker entering predefined SQL commands into a data-entry box (like a login or password field). Those commands can read sensitive data, modify database data, or even trigger executive functions (such as shutting down the system).
6. DNS tunneling
DNS tunneling is a type of cyber attack that hackers use to bypass traditional security systems like firewalls to gain access to systems and networks. Hackers encode malicious programs within DNS queries and responses (that most security programs ignore).
Once the program is inside, it latches onto the target server, giving the hackers remote access.
DNS tunneling attacks are especially dangerous as they often go unnoticed for days, weeks, or months. During that time, cybercriminals can steal sensitive data, change code, install new access points, and even install malware.
In one example, cybercriminals used DNS tunneling to attack Air India and other airlines and steal passport details and credit card numbers. The “backdoor” was open for more than two months [*].
Zero-day exploits are cybersecurity vulnerabilities that exist in a software or network without the manufacturer’s knowledge. For example, Apple might release a new version of iOS that accidentally contains a way for hackers to steal your iCloud information. Once they discover the flaw, the attacked company has “zero days” to fix it, as they’re already vulnerable.
A zero-day attack occurs when hackers use those vulnerabilities to get into a system to steal data or cause damage. In the first few months of 2022, Microsoft, Google, and Apple all had to patch zero-day bugs [*].
One of the most dangerous zero-day vulnerabilities was discovered late last year when researchers found a vulnerability in “Log4J” — a Java-based utility that is used in everything from Apple’s iCloud to the Mars Rover.
Password attacks comprise any cyber attacks in which hackers try to guess, brute force, or trick you into giving up your passwords.
There are a few different password-based cyber attacks you need to be aware of:
9. Drive-by download attacks
Most cyber attacks require some action from you — like clicking on a link or downloading an attachment. But a drive-by attack (or drive-by download) occurs when you just browse an infected website.
Hackers take advantage of vulnerabilities in plug-ins, web browsers, and apps to install malware on your device without your knowledge.
Back in 2016, a drive-by download attack used vulnerabilities in Adobe Flash Player to install crypto-ransomware [*]. Once installed, victims were redirected to a site demanding 0.05 bitcoin to return access to their device.
A cross-site scripting (XSS) attack allows hackers to gain unauthorized access to an application or website.
Cybercriminals take advantage of vulnerable websites and cause them to install malicious malware written using scripting languages such as python and JavaScript to users. When the code executes in your browser, the hacker is able to masquerade as your account (fooling the server) and do anything you can do such as delete and upload.
Sites vulnerable to XSS include message boards, forums, and web pages. These pages depend on user input that is not screened or serialize for malicious codes. But even larger sites are at risk.
For example, in 2014, a site vulnerability on eBay led to customers being redirected to malicious sites upon clicking on product links [*]. The sites displayed fake eBay login pages, prompting users to enter their details which were then stolen.
Rootkits are a type of malware that give hackers control and administrator-level access to the target system. Rootkits hide deep inside your device’s operating system, making them hard to detect but also incredibly dangerous.
A rootkit could allow hackers to steal sensitive information, install keyloggers, or even remove antivirus software. For example, in July 2022, Kaspersky uncovered a rootkit that can persist on a victim's machine even after a reboot or reinstallation [*].
Domain Name System (DNS) spoofing allows hackers to send online traffic to a “spoofed” website. These sites look nearly identical to your destination (for example, the login page for your bank or a social media account). But any information you submit goes straight to the hackers, giving them access to your accounts.
Hackers can also use DNS spoofing to sabotage companies by redirecting their site visitors to a poor-quality site with obscene content.
In one famous example, Google’s homepage was spoofed in Romania and Pakistan [*], sending users to an unfamiliar site. Thankfully, in this case, the hacker did not seem to have malicious intent other than redirecting visitors.
Internet of Things (IoT) devices, such as your smart speakers, TVs, and toys can also be the targets of cyber attacks. An IoT attack occurs when hackers steal data from a device — or string together multiple IoT devices into a botnet — that can be used for DDoS attacks.
IoT devices usually don’t have antivirus software installed, making them easy targets for hackers. Many of the world’s largest DDoS attacks used “bot armies” composed of IoT devices. It may seem unlikely, but even your “smart fridge” could be an unwitting soldier in a cyber attack.
Session hijacking is a type of man-in-the-middle attack in which the attacker “takes over” a session between a client and the server. The attacker’s computer swaps its IP address for the client’s address and continues to access the server, without needing any sort of authentication.
Once they’ve hijacked a session, hackers can do anything the client’s account could do. For example, let’s say you’re accessing your company’s internal database while on a work trip. If a hacker hijacks your session, they’ll gain access to all of your company files.
URL manipulation occurs when hackers alter the parameters in a URL address to redirect you to a phishing site or download malware.
For example, many people use URL shorteners to help remember long web addresses or specific pages. If hackers “poison” that shortened URL, they can send you to a phishing site designed to steal your personal information.
In other situations, hackers manipulate the URL to get the server to show pages they shouldn’t have access to. For example, they might enter “www.yoursitename.com/admin” to find your login page or enter “www.yoursitename.com/.bak” to get access to backup files.
Cryptojacking is a cyber attack that secretly uses your computer’s processing power to mine for cryptocurrencies like bitcoin and Ethereum. This will severely slow down your computer systems and cause other potential vulnerabilities.
While not necessarily an “attack,” Norton is facing harsh criticism after revelations that their latest update quietly installed a cryptominer inside its antivirus software.
Cyber attacks often come from an external threat like a hacking group. But there’s also the possibility of insider threats.
Inside threats occur when someone who works for a company purposefully steals data, gives someone unauthorized access, or leaks passwords.
For example, at the start of the COVID-19 pandemic, a disgruntled former staff member of a medical device packaging company used his administrator access to wipe over 100,000 company records [*]
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Written by: Idika Destiny
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Published 7 hours Ago On Monday, July 10, 2023
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