As the COVID era began to play out over the past few years, cybercriminals have gleefully embraced ransomware as their malicious attack methodology of choice to monetize data breaches. How much? Damage from ransomware alone is expected to exceed $30 billion worldwide in 2023. The actual number of individual attacks increased from about 300 million in 2020 to more than 600 million in 2021. It’s not always well understood what cybercriminals are deploying to carry out the data breaches that make ransomware attacks possible. This must change if IT security organizations are to successfully protect their organization, brand, users, devices and data.
Consider: According to a recent report from cybersecurity firm Acronis, almost half of all data breaches in 2022 started with stolen credentials. Six hundred malicious email campaigns were launched in the first half of 2022, 58% of which were phishing emails and 28% were malware. Cybercriminals have attacked key access points in networks that rely on cloud services or look for unpatched or software vulnerabilities to launch attacks. They also increasingly rely on techniques and methods:
- Phishing sites – criminal sites created in an attempt to steal user credentials with URLs that look very similar to the actual web address
- Malicious name servers – A server that provides Authoritative Domain Name Services for malicious domain names only
- Stolen Credentials or Other Content – Stolen corporate proprietary information (eg, login credentials, identifying information, credit card information), usually located on a forum or fake host account
- Malware file hosting location – The malware is available on a publicly accessible site
- Malware command and control (C2) – A host location designated as a C2 server for malware campaigns
The widespread use of these techniques points to a larger trend: Internet fraud. The numbers are not yet available, but it appears that ransomware attacks have decreased slightly in 2022 as malicious actors try to diversify into other methods. The general category of Internet fraud can be defined as any type of scheme that uses Internet components (eg, chat, e-mail, website) to post fraudulent solicitations, conduct fraudulent transactions, or transmit fraudulent income. This change in tactics means that IT security teams are now finding that breach prevention is not always adequate to protect the organization. They must also be able to detect incidents that have already occurred and mitigate these attacks to limit damage.
How to Fight Back
Infoblox Domain Mitigation Services are designed to help businesses stop internet fraud and cyber incidents from impacting their operations. Infoblox provides a comprehensive solution to protect your company from data breaches and malicious attacks with features such as incident verification, mitigation, monitoring and reporting.
One of the key features of Infoblox Domain Mitigation Services is authentication. Our team offers a unique and dedicated human-driven review of potential internet fraud and provides a detailed summary of our in-depth review. We respond quickly to potential incidents with an initial response time of five minutes or less during regular business hours. Once our review is underway, we can usually remove local internet fraud within 24 hours.
Once an Internet fraud or cyber incident is confirmed, Infoblox begins the mitigation process. Our team applies a continuous removal effort to each case, with multiple escalations for cases that cannot be resolved within 24 hours. We use our established relationships with ISPs and communication service providers to prioritize your work in abuse queues and ensure quick problem resolution. We also offer a registered trademark application to protect your brand reputation.
In addition to our verification and mitigation services, Infoblox provides monitoring and reporting to track potential threats. If we determine that suspicious activity does not pose a threat, we will continue to monitor reported web content for potentially harmful changes. We also monitor mitigated threats to address potential reactivations, which we will remove at no additional cost to our customers. Our cleaning services are valid for up to 30 days.
Infoblox has deep relationships with the ISP and communications service provider community, as well as global regulatory agencies. If we determine that criminal activity is occurring, our team is ready to help customers notify local law enforcement and other government agencies if providers fail to address fraudulent activity.
With Infoblox Domain Mitigation Services, you can protect your business from internet fraud and cyber incidents and get back to work quickly. Our team is committed to providing you with the protection you need to keep your business running smoothly. Don’t let Internet fraud and cyber incidents affect your business – choose Infoblox Domain Mitigation Services today.