Latest WatchGuard Report Reveals Rise in Threat Actors Exploiting Remote Access

Cybersecurity threats continue to grow, with the threat landscape constantly evolving and hackers employing increasingly sophisticated and unpredictable methods. With an ongoing cybersecurity skills shortage, the need for Managed Service Providers (MSPs), unified security and automated platforms to bolster cybersecurity and protect organizations from the ever-evolving threat landscape has never been greater.

Each quarter WatchGuard Technologies publishes an Internet Security Report that provides insight into the top malware trends and network security threats over the previous three months. Key findings from the Threat Labs Q3 2023 Internet Security Report shows increasing instances of remote access software abuse, the rise of cyber adversaries using password-stealers and info-stealers to obtain valuable credentials, and threat actors pivoting from utilizing scripting to employing other living-off-the-land techniques to initiate an endpoint attack.

Among the key findings, Internet Security Report featuring data from Q3 2023 showed:

• Threat actors increasingly use remote management tools and software to evade anti-malware detection. This trend has also been noted by both the FBI and CISA. For instance, in researching the top phishing domains, the Threat Lab observed a tech support scam that would result in a victim downloading a pre-configured, unauthorized version of TeamViewer, which would allow an attacker full remote access to their computer.
• Medusa ransomware variant surges in Q3, driving endpoint ransomware attacks to increase 89%. On the surface, endpoint ransomware detections appeared down in Q3. Yet the Medusa ransomware variant, which emerged in the Top 10 malware threats for the first time, was detected with a generic signature from the Threat Lab’s automated signature engine. When factoring in the Medusa detections, ransomware attacks rose 89% quarter over quarter.
• Threat actors pivot from using script-based attacks and increasingly employ other living-off-the-land techniques. Malicious scripts declined as an attack vector by 11% in Q3 after dropping by 41% in Q2. Still, script-based attacks remain the largest attack vector, accounting for 56% of total attacks, and scripting languages like PowerShell are often used in living-off-the-land attacks. At the same time, Windows living-off-the-land binaries increased 32%. These findings indicate to Threat Lab researchers that threat actors continue to utilize multiple living-off-the-land techniques, likely in response to more protections around PowerShell and other scripting. Living-off-the-land attacks make up the most endpoint attacks.
• Malware arriving over encrypted connections declined to 48%, meaning just under half of all malware detected came via encrypted traffic. This figure is notable because it is down considerably from previous quarters. Overall, total malware detections increased by 14%.
• An email-based dropper family that delivers malicious payloads comprised four of the Top 5 encrypted malware detections in Q3. All but one of the variants in the Top 5 contained the dropper family named Stacked, which arrives as an attachment in an email spear phishing attempt. Threat actors will send emails with malicious attachments that appear to come from a known sender and claim to include an invoice or important document for review, aiming to trick end users into downloading malware. Two of the Stacked variants – Stacked.1.12 and Stacked.1.7 – also appeared in the Top 10 malware detections.
• Commoditized malware emerges. Among the top malware threats, a new malware family, Lazy.360502, made the Top 10 list. It delivers the adware variant 2345explorer as well as the Vidar password stealer. This malware threat connected to a Chinese website that provided a credential stealer and appeared to operate like a “password stealer as a service,” where threat actors could pay for stolen credentials, illustrating how commoditized malware is being used.
• Network attacks saw a 16% increase in Q3. ProxyLogon was the number-one vulnerability targeted in network attacks, comprising 10% of all network detections in total.
• Three new signatures appeared in the Top 50 network attacks. These included a PHP Common Gateway Interface Apache vulnerability from 2012 that would result in a buffer overflow. Another was A Microsoft .NET Framework 2.0 vulnerability from 2016 that could result in a denial-of-service attack. There was also a SQL injection vulnerability in Drupal, the open-source CMS, from 2014. This vulnerability allowed attackers to remotely exploit Drupal without any need for authentication.

Given the many ways that threat actors are trying to gain access to sensitive information, organizations need a comprehensive, multi-layered cybersecurity strategy, with different types of security, including network, endpoint, Wi-Fi and identity protection working together to speed up threat detection and response processes. It’s also important to remember that even the best defenses can be undone by social engineering attacks. Users need to understand that they are often the last line of defense preventing a malicious actor from penetrating an organization.

About the Author

Marc Laliberte is the Director of Security Operations at WatchGuard Technologies. Marc joined the WatchGuard team in 2012 and has spent much of the last decade helping shape WatchGuard’s internal security maturation from various roles and responsibilities. Marc’s responsibilities include leading WatchGuard’s security operations center as well as the WatchGuard Threat Lab, a research-focused thought leadership team that identifies and reports on modern information security trends. With regular speaking appearances and contributions to online IT publications, Marc is a leading thought leader providing security guidance to all levels of IT personnel.