IBM: Healthcare Among Top Hacking Targets Last Year

IBM’s latest research also finds that ransomware and vulnerability exploitation are among most common cyber attack methods.

IBM: Healthcare Among Top Hacking Targets Last Year

Cyberattacks on healthcare, manufacturing and energy doubled in 2020 from the year prior as threat actors increasingly target critical industries that can’t afford downtime, according to a new report from IBM.

The tech giant’s 2021 X-Force Threat Intelligence Index, released February 24, illustrates how cyberattacks evolved last year as hacking groups took advantage of socioeconomic, business and political challenges brought on by the COVID-19 pandemic.

According to the report, manufacturing and energy were the most attacked industries, and attackers looked to take advantage of a nearly 50% increase in vulnerabilities in industrial control systems, which both highly depend on.

Healthcare jumped from last place in 2019 to seventh place in 2020, possibly driven by COVID-related healthcare attacks, ransomware attacks and attacks targeting COVID-related research. Nearly 28% of attacks on healthcare last year were ransomware, which is particularly devastating.

The report also suggests threat actors are making more use of Linux-related malware families than ever before. In 2020, there was a 40% increase in Linux malware, and a 500% increase in Go-written malware in the first six months of 2020. This indicates that attackers are accelerating a migration to Linux malware that can more easily run in cloud environments.

IBM also found that well-known brands were among the top targets for spoofing attacks, partly due to the demand for remote work tools. Brands like Google, Dropbox and Microsoft were among the top spoofed brands in the collaboration space, while online shopping brands like Amazon and PayPal were also among the top spoofed brands.

The report also found that ransomware was the cause in nearly 25% of attacks that IBM’s X-Force responded to last year. The company says Sodinokibi – the most commonly seen ransomware group last year – made at least $123 million in 2020 since about two-thirds of its victims paid a ransom.

Ransomware continues to be the most common attack, and about 60% of ransomware attacks IBM responded to used a double extortion strategy in which attackers encrypted, stole and threatened to leak data if the ransom wasn’t paid.

Another critical finding in the report suggests that attackers are moving from phishing attacks as an initial infection vector to vulnerability scanning. For the first time in years, the most successful method used by attacks to access victim environments last year was vulnerability exploitation, which accounted for 35% of initial access vectors last year. Phishing attacks, meanwhile, made up 35% of that metric.

“In essence, the pandemic reshaped what is considered critical infrastructure today, and attackers took note. Many organizations were pushed to the front lines of response efforts for the first time – whether to support COVID-19 research, uphold vaccine and food supply chains, or produce personal protective equipment,” said Nick Rossmann, Global Threat Intelligence Lead, IBM Security X-Force, in a statement.

“Attackers’ victimology shifted as the COVID-19 timeline of events unfolded, indicating yet again, the adaptability, resourcefulness and persistence of cyber adversaries.”

This article originally ran in CS sister publication and was written by TD Web Editor Zachary Comeau. It has been edited.

If you appreciated this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Leading in Turbulent Times: Effective Campus Public Safety Leadership for the 21st Century

This new webcast will discuss how campus public safety leaders can effectively incorporate Clery Act, Title IX, customer service, “helicopter” parents, emergency notification, town-gown relationships, brand management, Greek Life, student recruitment, faculty, and more into their roles and develop the necessary skills to successfully lead their departments. Register today to attend this free webcast!

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Our Newsletters
Campus Safety HQ