In an article published by ITWeb last week, Nithen Naidoo (Snode Founder and CEO) stated that South Africa is often first in line for newly emerging, advanced attacks. Developing economies such as Bangladesh, Vietnam and South Africa are viewed as soft, and lucrative, targets by organised crime syndicates with highly advanced cyber capabilities due to the fact that they have not made the same kind of security investments as their developed nation counterparts.
One of the interesting findings mentioned in the article was the increasing trend of Snode clients being affected by an old "commercial-grade" Trojan called FinSpy, which was widely reported in 2013. "The malware is not necessarily new but the attack vectors to deliver the malware are new and quite advanced. This is similar to the Terdot malware, which delivered the old Zeus Trojan.", stated Naidoo.
At the same time we were detecting this type of activity within our SA client base, AlienVault’s Open Threat Exchange (OTX) reported the discovery of a new version of FinFisher, a malware that is currently evading notice and leveraging social media to threaten critics in Turkey and beyond. It is specifically coded in order to appear as simple criminal malware, however there are several forensic artefacts which provide a clear indication that the agent identified is in fact FinSpy. The most substantial change in this latest version when compared to the original FinSpy malware is the steps it has taken to address the failures that led to the original software’s discovery and acknowledgement by security researchers.
FinSpy infects its targets by redirecting the user, when downloading an application, to a version of an application that is infected with the FinFisher malware. This then allows the attacker to perform several activities such as live surveillance through webcams and microphones, keylogging, and exfiltration of files.
The fact that this trend of the new, emerging FinFisher malware was detected by the Snode Guardian Cybersecurity Platform at the same time as organisations abroad is proof that South Africa is indeed a prime target for new and advanced cyberattacks. The need for South African organisations to not only ensure that they have adequate security measures in place to detect, prevent and respond against these attacks but also to share their threat intelligence and disclose when and how they are being attacked, is now more crucial than ever.
In this ever-changing technological landscape, organisations are forced to find new ways to increase their security posture and minimise their risk. The Snode Guardian cybersecurity platform utilises learning machines, mathematics, and a synergy between both human and artificial intelligence (Intelligence Amplification) to monitor, detect and proactively respond to all threats on every device within your network, from traditional network devices through to BYOD, cloud and IoT devices.
Naidoo will be presenting at the upcoming ITWeb Security Summit, and delegates attending his talk will learn about the emerging threats we see in Snode's South African client environments, as well as the key issues affecting the majority of its South African clients. He will also discuss the defence strategies clients have used that best address these issues.
The ITWeb Security Summit is southern Africa’s definitive conference and expo for information security, IT and business professionals. This year, over 70 expert speakers will deliver key insights across 7 tracks, including workshops and training courses during the expanded 5-day event. The ITWeb Security Summit will be staged at Vodacom World, Midrand, from 22 – 23 May 2018; and CTICC Cape Town on 29 May 2018. Focused and interactive workshops as well as in-depth training courses will be run in the days around the main conference and exhibition.
For more information, go to www.securitysummit.co.za.
For information on Security Summit Cape Town, click here.
Author: Alastair Waldeck, Head of Marketing (Snode) A group of motivated young men and women gathered in the offices of The Business Clinic in Johannesburg CBD early on Saturday morning for the 2nd Annual #SS18Hack Ideathon. The Ideathon provided these aspiring cybersecurity and IT professionals with an opportunity to meet and greet with some of the top minds in the industry as well as to learn a thing or two from the four main workshops presented on the day. The Ideathon serves as pre-selection event for the larger, main event; the #SS18 Hackathon which will be held at Vodaworld in Midrand on the 22-23 May. The day began with an introduction from Mr Lucky Litelu (Executive Chairman and CEO of ICRD GROUP) and the sponsorship team of Tiyani Ngonyama (COO, Geekulcha), Allyson Towle (Senior Conference Director, ITWeb Events) and Alastair Waldeck (Head of Marketing, Snode). Our first speaker of the day was Ridewaan Hanslo from the CSIR who gave the attendees a comprehensive overview of Web App Security by providing several examples of different types of attacks, attackers, interactive examples how to practically identify and prevent these attacks as well as how to ensure that your next application is created with security as a priority. Second up was our very own Founder and CEO, Nithen Naidoo. He provided an introduction to the AI and Infosec industry by discussing the latest tools and methods within the cybersecurity and data analytics industry as well as how to analyse vast quantities of data in real-time in order to pull various insights, detect anomalies and trends and to be able to predict and defend against ever-evolving cyberattacks. After a quick break where the guys were able to refuel, get to know one another, ask questions and discuss ideas with the presenters, sponsors and other attendees, we returned to our seats for the 3rd workshop of the day. Francois Mouton from the CSIR was up next. Francois gave us a presentation on Ethical Hacking with a focus on his speciality, social engineering. By providing us with some simple, everyday examples of how human’s inherent trust can be our own downfall, he made us realise how simple a cyberattack can really be and how our perception of a cybercriminal being a person in a hoodie hiding behind a laptop is far from the truth. Last, but certainly not least, Kimoon Kim from Siatik spoke us through the concepts of Big Data and Machine Learning. By focusing on powerful platforms that are readily available for us to use such as Google Cloud and BigQuery, the attendees discovered how to easily analyse all their data, regardless of size, in real-time. The rest of the day was spent brainstorming ideas, absorbing even more information and inspiration from the mentors and speakers, and coming up with ideas that will not only take them through to the next round in Midrand, but also to potentially win them top spot at the #SS18 Hackathon later next month! The top three teams with the ideas that showed most potential were: - Bro-Coders - CleverKleva - TechnoGeeks - A special mention went to team Nosey. We look forward to seeing everyone again in a month’s time and would like to thank all the sponsors and speakers for their involvement in making this event successful! Sponsors for the event: Snode, ITWeb, Geekulcha, The Business Clinic, Northern Cape Department of Economic Development and Tourism.
Author: Alastair Waldeck, Head of Marketing (Snode) One month after the successful Ideathon was held in Johannesburg CBD, the Hackathon participants gathered once again for the main event at Vodacom World in Midrand, the #SS18Hack! In total, 42 infosec aspirants from all around the country arrived for a two-day event that would test their stamina, concentration, teamwork and coding abilities to the limit! The theme of these year’s Hackathon was ‘Man vs Machine – Securing the future of business against an ever-changing threat landscape’; focusing, as the title suggests, on machine learning and creating a solution that could solve real-world security problems that continue to plague many organisations today. The 11 teams arrived early on the morning off 22 May, full of energy and motivation, and immediately started getting to work on their ideas with the guidance from their respective mentors. By the evening of the 22nd, the participants had made themselves comfortable and settled down for a long night of hard work and coding. When delegates from the Security Summit walked in the next day, the room was virtually unrecognisable; bean bags, energy drinks and snacks were scattered everywhere! The long-haul proved too much for some as they caught a quick power nap to give themselves the ability to push through the last few hours before the final presentations and judging. The participants truly had pulled out all the stops to ensure that they can keep going, keep coding, with their eyes constantly focused on the top spot! At half-past two on day two, time was up! The teams now had to pitch their ideas to the judges in the hopes that what they had manage to create was good enough to earn them a place in the winner’s circle. Each team had 6 minutes to present followed by Q&A from the judges. After all the pitches were complete, the judges went away to deliberate as the teams anxiously waited for the results. A few minutes later, it was done, the scores were tallied and the winners were known. Doreen Mokoena, Internet Governance Coordinator at .ZA Doman Name Authority had the honours of announcing the top teams. In third place was team Knowzee who presented a solution that allowed individuals to determine whether or not they were sharing too much information on their social media accounts. First and second place were neck-in-neck with the judges having to discuss long and hard in order to reach a consensus as to whom they believed should be the winner. Moringa IT, a team from Kimberley, ultimately claimed second place. Their idea was a platform that utilised the power of IoT in order to assist farmers with the irrigation of their crops by sensing the moisture levels in the soil and allowing the irrigation systems to automatically determine when and for how long the crops should get irrigated. The magic of team Data Wizards, however, proved to be too much as they claimed top spot at this year’s hackathon! Their solution was to prevent fraudulent activity in real-time at a transactional level. As a transaction occurs, each transaction would be assigned a risk score based on a several factors, this score would then determine whether or not the transaction should be accepted or declined. The winning team walked away with R20 000, followed by the second and third teams receiving R10 000 and R5 000 respectively. We would like to thank everyone who participated in the Hackathon for their hard work and dedication and for assisting in pulling off yet another successful event! Here’s to many more! The #SS18Hack was sponsored by the Northern Cape Department of Economic Development and Tourism, Geekulcha, Snode, The Business Clinic, MTN and CISO Alliances.