IT security threat warning for South Africa – hackers for hire

Kaspersky says that Africa is not immune to the evolving techniques of Advanced Persistent Threats (APTs), as well as the possibilities of being a future target of hacking-for-hire threat actor groups.

This is despite research showing an overall decrease in certain malware families and types in sub-Saharan Africa (SSA) in H1 2020 – 36% decrease in South Africa, 26% decrease in Kenya and a 2.7% decrease in Nigeria.

Kaspersky research has found that globally, APT groups are evolving their techniques and are upgrading their toolset to continue stealing sensitive information. Furthermore, it has seen a rise of hackers-for-hire or cyber mercenaries during the first two quarters of 2020.

In fact, three cyber mercenary groups have been exposed across the world this year alone, the cybersecurity and anti-virus provider said.

Hackers-for-hire or cyber mercenaries do not necessarily have monetary motivations like traditional cybercrime. Instead, they steal private data to monetise it in a different way – usually for the purpose of providing advice or insights, based on the data, to share value of a competitive advantage.

For example, a bank might get targeted and have its data analysed to gain an understanding of its market exposure, clients, and back-end systems. A competitor can use that to gain significant benefit. The reality is that in this evolving cyberthreat landscape, no company or government institution can consider themselves safe.

In South Africa, Kenya and Nigeria, APT groups are exploiting the current uncertainty around Covid-19 to steal sensitive information, Kaspersky said.

More sophisticated techniques have emerged that delivers malware in non-conventional ways. While overall malware attacks in South Africa, Kenya and Nigeria decreased during the first two quarters of 2020, certain malware types, such as the STOP ransomware, are proving increasingly popular for certain cybercriminals.

The same applies to financial malware in South Africa and Nigeria as examples. So, even though it decreased in these countries, certain financial malware types are gaining in popularity thanks to their unique techniques which these groups are exploiting to monetise data.

“This emphasises that attacks are becoming more targeted and at specific companies, in specific regions and for specific purposes,” Kaspersky said.

The top industries under attack in Sub-Saharan Africa in H1 2020 include government, education, healthcare, and military. While government and military present compelling – and obvious – targets, education and healthcare are often used as pivot points to gain access to other institutions. Sometimes, an entity is a victim while other times it is the target.

Kaspersky analyst Maher Yamout, said: “The remainder of the year will likely see APT groups and hacking-for-hire threat actors increase in prominence across the globe. Africa will continue to see more sophisticated APTs emerge and we also suspect that the hacking-for-hire actor type could target companies in Africa in the future.

“We also anticipate that cybercriminals will increase targeted ransomware deployment using different ways. These can range from trojanised cracked software to exploitation across the supply chain of the targeted industry. Data breaches will certainly become more commonplace especially as people will continue to work remotely for the foreseeable future while exposing their systems to the Internet without adequate protection.”


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IT security threat warning for South Africa – hackers for hire