This week’s SYN-of-the-week is GREED.
Greed is a desire for profit or gain that leads to unethical or illegal activities online. The allure of financial gain can blind individuals to the consequences of their actions, putting both themselves or others at risk.
Spearphishing scams, ransomware and cryptojacking are common greed-fueled schemes. Falling prey to these schemes may have impacts far beyond the financial. There can also be legal and compliance impacts and impacts to brand and reputation for the victim.
In a GREED-fueled scheme, can there be any redemption?
For the attacker in this SYN, there is no taking back the consequences of attacks that have already taken place. But, attackers can change their behaviors and start acting ETHICALLY, take RESPONSIBILITY and have EMPHATHY for the individuals and organizations that could be negatively impacted by these crimes.
For potential victims, be VIGILANT. Stay up-to-date with the latest, common schemes, and know how to protect yourself. For example:
Ransomware and Phishing
NIST has published guidelines for defending against these types of attack. See:
https://www.nist.gov/itl/smallbusinesscyber/guidance-topic/ransomware
https://www.nist.gov/itl/smallbusinesscyber/guidance-topic/phishing
Cryptojacking
CSO provide a nice overview of the different types of cryptojacking with concrete recommendations on how to fight against it.
https://www.csoonline.com/article/564521/what-is-cryptojacking-how-to-prevent-detect-and-recover-from-it.html
#BSidesMunich23, #7SYNs
October 14, 15 2023
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Image: https://pixabay.com/vectors/scam-phishing-fraud-money-6922102/