SecurityBrief Asia logo
Asia's leading source of cybersecurity and cyber-attack news
Story image

Cyberattacks imminent for Western businesses due to Trump’s actions

By Ashton Young
Thu 10 May 2018
FYI, this story is more than a year old

There are to be some serious cybercrime implications following on from Trump’s scandalous announcement that the US would not renew the waivers on sanctions against Iran.

That’s according to a report from Recorded Future that was published today that analysed the Iran cyberthreat.

Recorded Future director of strategic threat development Priscilla Moriuchi says President Trump’s actions have placed American businesses at increased risk for retaliatory and destructive cyberattacks by the Islamic Republic.

“We assess that within months, if not sooner, American companies in the financial, critical infrastructure, oil, and energy sectors will likely face aggressive and destructive cyber attacks by Iranian state-sponsored actors,” says Moriuchi.

“Further, our research indicates that because of the need for a quick response, the Islamic Republic may utilise contractors that are less politically and ideologically reliable (and trusted) and as a result, could be more difficult to control. It is possible that this dynamic could limit the ability of the government to control the scope and scale of these destructive attacks once they are unleashed."

The report states that since at least 2009 the Islamic Republic has regularly responded to sanctions or perceived provocations by conducting offensive cyber campaigns.

According to Recorded Future, the Islamic Republic has traditionally preferred to use proxies or front organisations both in physical conflict and cyberattacks to achieve their policy goals.

Iran faces the prospect of negative economic impact as instead of renewing the waivers on sanctions against the nation, the US will impose additional economic penalties, the combinations of which amounts to a de facto US withdrawal from the 2015 Joint Comprehensive Plan of Action (JCPOA) that is commonly referred to as the ‘Iran nuclear deal’.

“We assess, based on Iran’s previous reactions to economic pressure, that with President Trump’s exit from the JCPOA, Iran is likely to respond by launching cyberattacks on Western businesses within months, if not faster,” the report states.

“Judging from historical patterns, the businesses likely to be at greatest risk are in many of the same sectors that were victimised by Iranian cyberattacks between 2012 and 2014 and include banks and financial services, government departments, critical infrastructure providers, and oil and energy.”

Some of the key judgements from the report include:

  • Due to needing to act quickly, Iranian cyber response will be staffed and executed by capable, but less trusted contractors, resulting in the Islamic Republic possibly having difficulty controlling the scope and scale of the destructive cyberattacks once they have begun. 

  • The Islamic Republic operates with embedded paranoia, where ultimately, no one can be trusted.
  • Iranian cyber operations are administered via a tiered approach, where an ideologically and politically trusted group of middle managers translate intelligence priorities into segmented cyber tasks which are then bid out to multiple contractors.
  • Based on Recorded Future’s source’s conversations with other hackers in Iran, there are over 50 estimated contractors vying for Iranian government-sponsored offensive cyber projects.
  • According to Insikt Group’s source, to find and retain the best offensive cyber talent, Iranian government contractors are forced to mine closed-trust communities.
Related stories
Top stories
Story image
Ivanti
Ivanti and Lookout bring zero trust security to hybrid work
Ivanti and Lookout have joined forces to help organisations accelerate cloud adoption and mature their zero trust security posture in the everywhere workplace.
Story image
BeyondTrust
BeyondTrust integrates Password Safe solution with SailPoint
BeyondTrust has announced the integration of BeyondTrust Password Safe with SailPoint identity security offerings.
Story image
SaaS
Absolute Software expands Secure Access product offering
Absolute Software is enhancing its Secure Access product portfolio, enabling minimised risk exposure and optimised user experiences in the hybrid working environment.
Story image
Tech job moves
Tech job moves - Datacom, Micro Focus, SnapLogic and VMware
We round up all job appointments from May 6-12, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Malware
Sharp increase in phishing as cybercriminals leverage SEO to lure victims
"Malware lurking everywhere, from cloud apps to search engines, leaving organisations at greater risk than ever before."
Story image
Appian
Appian awarded billions in damages against Pegasystems Inc.
Appian has been awarded USD$2.036 billion in damages against Pegasystems Inc as the result of a jury verdict in the Circuit Court for Fairfax County, Virginia.
Story image
Application Security
Data Theorem launches "industry first" attack surface management solution
"No solution uses full-stack application runtime analysis and dynamic inventory discovery to support the challenges around vendor management."
Story image
Artificial Intelligence
Updates from Google Workspace set to ease hybrid working troubles
Google Workspace has announced a variety of new features which will utilise Google AI capabilities to help make hybrid working situations more efficient and effective.
Story image
Blue Prism
Blue Prism Desktop uses IA to defend against vulnerabilities
SS&C Blue Prism Desktop aims to help protect businesses against vulnerabilities, using a combination of security measures and intelligent automation tech.
Story image
Salesforce
Salesforce resets user passwords as GitHub breach investigation continues
Salesforce is increasing its security measures after a recent GitHub breach incident investigation reported in Heroku.
Story image
Surveillance
Genetec launches new enclosure management system for data centers
Genetec has released a new enclosure management solution that will give data centers the ability to secure, monitor and manage access to racks and cabinets remotely.
Story image
Ransomware
Anniversaries remind us to review identity risks
World Password Day provides a timely reminder for ordinary citizens and organisations to stop and think about the risks associated with digital identities.
Story image
Sift
Sift shares crucial advice for preventing serious ATO breaches
Are you or your business struggling with Account Takeover Fraud (ATO)? One of the latest ebooks from Sift can provide readers with the tools and expertise to help launch them into the new era of account security.
Story image
Cybersecurity
Video: 10 Minute IT Jams - An update from IronNet
Michael Ehrlich joins us today to discuss the history of IronNet and the crucial role the company plays in the cyber defence space.
Story image
Ransomware
Zerto unveils updates to ransomware recovery capabilities
"Organisations face increased risks from the volume and sophistication of ransomware attacks prevalent today."
Story image
Cybersecurity
HackerOne launches Attack Resistance Management solution
HackerOne has launched Attack Resistance Management - a new category of security solution that targets the root causes of the attack resistance gap. 
Story image
APAC
Odaseva expands in APAC and UK with more security features
Odaseva, a data platform for Salesforce, is establishing new headquarters in London as well as a new data center in India.
SonicWall
Find out how you and your business can prevent being caught out by everything from ransomware to cryptojacking.
Link image
Story image
Cybersecurity
Global bot security market to reach US$2.5 billion by 2032
The global bot security market to reach US$2.5 billion by 2032 driven by a growing need for cyber security, according to a new report.
Story image
Cybersecurity
A10 Networks finds over 15 million DDoS weapons in 2021
A10 Networks notes that in the 2H 2021 reporting period, its security research team tracked more than 15.4 million Distributed Denial-of-Service (DDoS) weapons.
Story image
Cybersecurity
New report reveals evolving techniques targeting cloud-native environments
Companies are adopting cloud-native technologies faster than ever before. Unfortunately, with new technology comes new threats and challenges.
Story image
Forensics
Exterro adds advanced capabilities to digital forensic tool
The launch is in-line with Exterro’s investment in the FTK product line, and underscores the company's commitment to the digital forensics.
Story image
Hyperscale
SpaceDC partners with Aofei for data center sales in Asia
SpaceDC has partnered with Aofei Data International to sell Aofei's data centers, CDN and SDN in China.
Story image
Cybersecurity
World (un)Password day? Yubico releases MFA guide encouraging new ideas
In a slight departure from traditional World Password Day lore, Yubico has today announced a multi-factor authentication (MFA) guide.
Story image
Cybersecurity
ThoughtLab reveals 10 best practices for cybersecurity in 2022
The benchmarking study reveals best practices that can reduce the probability of a material breach and the time it takes to find and respond to those that happen.
Story image
Malware
Use of malware, botnets and exploits expands in Q1 2022
"As zero-day attacks and other vulnerabilities among companies like Google and Microsoft come to light, threat actors are quickly adjusting their tactics."
Story image
Ransomware
Cybersecurity starts with education
In 2021, 80% of Australian organisations responding to the Sophos State of Ransomware study reported being hit by ransomware. 
Story image
Ransomware
Shopping for cyber insurance? Six questions to ask before calling the insurer
The cyber threat landscape has always been worrisome, but today these concerns are heightened given an anticipated uptick in cyber-attacks from bad actors.
Story image
Firewall
Sophos named Gartner Peer Insights Customers Choice for network firewalls
The company earned the highest overall customer rating among vendors with at least 150 verified customer reviews.
Story image
Public Cloud
Radware announced launch of CNP spinoff SkyHawk Security
“We recognise the growing opportunities in the public cloud security market and are planning to capitalise on them."
Story image
Training
Fortinet training edges toward closing cybersecurity gap
The Fortinet Training Institute has made significant progress in closing the cybersecurity skills gap, on track to train one million people by 2026.
Story image
Phishing
Google reveals new safety and security measures for users
Google's new measures include automatic two step verification, virtual cards and making it easier to remove contact information on Google Search results.
Story image
Secure access service edge / SASE
Versa Networks recognised as SASE leader in Govie Awards
Versa Networks has announced its SASE offering has been recognised in The Govies Government Security Awards competition by Security Today magazine.
Story image
Cybersecurity
Companies rushing to secure print infrastructure
As the pandemic prioritised communication channels and the shift to remote work, IT departments fell behind in updating the security of print and IT infrastructure.
Story image
Fortinet
Fortinet sees 34% revenue increase in latest financial results
Fortinet has released its financial results for the first quarter ended March 31, 2022, seeing a total revenue increase of 34.4% compared to the same quarter last year.
Story image
Tech job moves
Tech job moves - Cisco, Hitachi Vantara, Tricentis & Zscaler
We round up all job appointments from April 28 - May 5, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Microsoft
Apple, Google and Microsoft expands plans to get rid of passwords
FIDO Alliance says the world is closer to not relying on passwords after Apple, Google and Microsoft expands their support for a passwordless sign-in standard.
Story image
Application Security
What are the DDoS attack trend predictions for 2022?
Mitigation and recovery are vital to ensuring brand reputation remains solid in the face of a Distributed Denial of Service (DDoS) attack and that business growth and innovation can continue.
Story image
Apple
Jamf unveils new technologies for business security
Jamf has showcased new technologies it has developed to assist organisations in offering an enterprise secure and straightforward environment for consumers.
Story image
Data Protection
Managed Service Providers key to customer data protection
Frequent cyberattacks in the ASEAN region drive the demand for MSPs that can deliver purpose-built security solutions for SME customers.
Story image
Digital Transformation
Physical security systems guide the hybrid workplace to new heights
Organisations are reviewing how data gathered from their physical security systems can optimise, protect and enhance their business operations in unique ways.
Story image
Artificial Intelligence
ForgeRock releases Autonomous Access solution powered by AI
ForgeRock has officially introduced ForgeRock Autonomous Access, a new solution that uses AI to prevent identity-based cyber attacks and fraud.
Story image
Microsoft
Microsoft unveils three new security managed services
Security Experts includes three new managed services, Defender Experts for Hunting, Defender Experts for XDR, Security Services for Enterprise.
Story image
Phishing
Developments in phishing and how to protect your business
Phishing, the practice of sending malicious emails to encourage users to perform actions that benefit an attacker, is a key security concern for modern businesses due to its prevalence and impact.