cxo voice
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Cyber Security

Email Malware Evolving Into a Dangerous Attack Source

Sundar Balasubramanian by Sundar Balasubramanian
September 6, 2022
Reading Time: 6 mins read
Email Malware
Share on FacebookShare on Twitter

It may surprise that most burglars gain access to victims’ homes by walking through the front door. This is because every home has one, often left unlocked. For many years, Microsoft Office documents have been our digital front doors. Almost all of us will have used Office docs at some point, be it Word, PowerPoint, or Excel, and every day thousands of emails are exchanged with these documents attached. Most of the time, we don’t even question their source, making them a wide-open door.  

Over 70% of the malicious files in India were delivered via email in the last 30 days, according to Check Point’s Intelligence Report on India, the top malware in India is Emotet, an advanced, self-propagating, modular Trojan that distributes other malware or malicious campaigns. It can be spread via phishing spam emails containing malicious attachments or links. With the growing sophistication of this new malware within emails, such phishing attacks will just escalate.  

The malicious use of Microsoft docs occurs so frequently that they even have their name – maldocs – and one of the main techniques cybercriminals use to create them involves the abuse of Office macros. 

Thankfully, Microsoft has now started the process to block macros by default, but it took a while to get there. 

With its widespread reach, such email infection chains were also highlighted as one of the critical cybersecurity risk predictions in Check Point’s 2022 Cyber Attacks Mid-Year Report. So, what do these email infection chains mean for your business? Is worrying about suspicious attachments a thing of the past? Let’s look at how email infection chains are diversifying in 2022. 

The long-standing problem with macros 

Office macros are special purpose programs that cybercriminals have used to deliver malware via email attachments for years. Security firms have been fighting the practice for years, but it was always clear that the key to preventing macro abuse lay in the hands of Microsoft itself. Indeed, in February this year, Microsoft announced it would change Office default settings to disable macros – only to roll back on that decision in July and then to tell that the process will continue as planned.

ADVERTISEMENT

Although proof of concept (PoC) and active exploits using VBA macros appeared as early as 1995, they lacked info-stealing functionality and were mostly used for pranks. These types of attacks died out in 2010 when Microsoft introduced “protected view” – a yellow ribbon warning users not to enable macros’ functionality. However, the use of macros was re-introduced when threat actors realized that, with a bit of social engineering, they could convince users to enable macros and then use them to download and execute other binary files. 

Although Microsoft acknowledged the issue multiple times, the malicious use of Office macros and vulnerabilities has increased in popularity over the years. By January 2022, our analysis found that as much as 61% percent of all malicious payloads attached to emails sent to our clients were various document types such as xlsx, xlsm, docx, doc, ppt, and others. Check Point ThreatCloud latest figures show that Excel files alone make up 49% of all malicious files received by email.

Typically, a carefully socially engineered email carrying an Excel file with a malicious macro is the weapon of choice for unsophisticated actors and top-notch APT groups.

Cybercriminals getting creative 

After announcing its intention to block VBA macros on Office docs in February, an unexpected twist to the plot came in early July, when Microsoft reversed its decision. Replying to a user complaint, a Microsoft representative admitted that they had rolled back on the decision “based on feedback”. 

Microsoft faced a massive backlash from users and has since resumed the rollout of VBA macro blocking, explaining that the July pullback was only temporary.

Against this backdrop, threat actors have begun exploring alternatives for non-executable malicious email chains, which mostly start with different types of archive file like .ZIP and . RAR. In many cases, those archive files are password protected, with the password written in the body of the email. These archive files mainly include the malicious file, or in some cases, have an additional benign file that leads to the malicious file.

In April, Emotet was reported to be emailing OneDrive URL links of zip files containing malicious xll files. These xll files are .dll libraries designed for Excel, and threat actors typically use an exported xlAutoOpen function to download and run malicious payloads. Various tools and services, such as Excel-DNA, are already available to build .xll downloaders. 

Another type of archive file that became a common alternative to maldocs is the use of ISO archives, which bypass the Mark-of-the-Web security mechanism. Together with a combination of .hta payload, they can look like legitimate documents but run malicious code in the background. For example, bumblebee, a malware loader detected in February, delivers various payloads that often result in ransomware attacks and is reported to involve .iso files delivered via email initially.

In June, we also reported that Snake Keylogger’s malware had returned to our monthly global threat index after a long absence. Previously, the malware had generally been spread via emails that included docx or xlsx attachments with malicious macros; however, its return to the index was a result of it being distributed via PDF files – possibly due in part to Microsoft’s announcement. 

So, although internet macros will now be blocked by default, cybercriminals are continuing to evolve their tactics, becoming more creative with new file types, just as we’ve found with Emotet, Bumblebee, and Snake. Using different archive files is such a success for cybercriminals, as most people do not view those files as potentially malicious and trust the files inside the archives as those do not come directly from the web. Looking ahead, we can only expect more sophisticated malware families to accelerate the development of new infection chains, with different file types that are password protected to avoid detection, as advanced social engineering attacks increase. 

It has never been more important for your employees to understand social engineering risks and how to identify an attack. Cybercriminals will often send a simple email that does not contain any malware but impersonates someone you know just to get into a conversation with you. Then, after gaining your trust, the malicious file will be sent. And remember, it may no longer be an Office document or .exe file but another file type such as a .iso or PDF or infection chains that combine different file types. This user education is one of the most essential parts of an effective cybersecurity strategy, but it may also be wise to have a robust email security solution in place that quarantines and inspects attachments, preventing any malicious file from entering the network in the first place.

As a means of protection, organizations should also consider blocking these macros via a site-wide security policy that combines file sanitization and advanced Sandbox emulation. This is primarily an excellent tool for detecting these download-and-execute macro documents early. Alternatively, another defense mechanism could include examining incoming documents and deleting out the macros before they ever reach the targeted user. These capabilities, including protecting against the majority of file types received in addition to office files, are available in Check Point’s Threat Emulation and Threat Extraction products combined in one key offering, Check Point Sandblast. 

Threat Extraction promptly delivers safe, sanitized content to its intended destination. It ensures productivity, emulating archive files discussed earlier, while SandBlast Threat Emulation sandboxing performs a deep analysis of the file and determines whether it was malicious. The end user can access the original file if it is not classified as malicious. Check Point continues innovating by enabling this critical capability on the gateway. Therefore, files downloaded from the web or sent in the email are extracted and cleaned before they reach the user, creating a safer environment for your emails. 

Sundar Balasubramanian

Sundar Balasubramanian

Managing Director at Check Point India & SAARC. www.checkpoint.com

Related Posts

SK hynix is not sure whether to apply for US Chips Act funding: CEO
Business

SK hynix is not sure whether to apply for US Chips Act funding: CEO

March 29, 2023
AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain
Business

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

March 28, 2023
Cybersecurity While Working from Home amid Coronavirus outbreak
Cyber Security

Hackers targeted Google, Microsoft products via zero-day exploitation in 2022: Report

March 22, 2023
Microsoft CBSE quention paper
Business

Microsoft to build its own mobile games store for iOs and Android

March 20, 2023
smart home security camera
News

Smart home security camera market grew by 44% in 2022

March 17, 2023
Samsung to invest $230 bn on five advanced chip plants
Business

Samsung to invest $230 bn to build mega chip cluster near Seoul

March 15, 2023
AI chatbots
Cyber Security

Avoid AI chatbots that don’t appear on the company’s website or app: warn researchers

March 14, 2023
MediaTek
News

MediaTek may soon launch an updated version of ‘Dimensity 9200’

March 13, 2023
Load More
ADVERTISEMENT

Expert Views

SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023
Technology Trends to Watch in 2023
Opinion

Top Technology Trends to Watch in 2023

December 21, 2022
Startups should embrace a down-round and restructure their firms: Flipkart CEO
Business

Startups should embrace a down-round and restructure their firms: Flipkart CEO

November 22, 2022

Latest Updates

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

IBM Cloud and Wasabi partner to allow enterprises to run applications across any environment

by News Desk
3 hours ago

SK hynix is not sure whether to apply for US Chips Act funding: CEO

SK hynix is not sure whether to apply for US Chips Act funding: CEO

by IANS
23 hours ago

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

PwC India partners with actyv.ai to scale embedded finance in supply chain ecosystems

by News Desk
1 day ago

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

by IANS
2 days ago

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

by IANS
3 days ago

Will never share US user data with China, says TikTok CEO

TikTok CEO says, will never share US user data with China

by IANS
6 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-
email security interview
Cyber Security

What is email security? and its importance in securing enterprise networks

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/