The UK’s National Crime Agency (NCA) and the National Cyber Security Centre (NCSC) have recently released a study that delves into the cybercriminal underworld. The study sheds light on various aspects of cybercrime, including the growing popularity of a malware called HijackLoader in the C2C market, the presence of Russia’s hacker diaspora in Turkey, and the importance of continuous security testing.
HijackLoader, a form of malware that is gaining traction in the cybercrime world, is highlighted in the study. According to the report, HijackLoader is a modular malware loader that allows cybercriminals to easily and effectively distribute other malicious software. This type of malware is particularly appealing to hackers because of its ability to evade detection and carry out a wide range of cyber attacks. The study emphasizes the increasing use of HijackLoader in the criminal community and the need for robust countermeasures to combat its spread.
Another intriguing finding from the study is the presence of Russia’s hacker diaspora in Turkey. The report suggests that Turkey has become a hotspot for cybercriminals from Russia due to its strategic location and relatively lax cybersecurity regulations. The presence of these hackers in Turkey has created a cybercrime hub, fueling an influx of Russian fraudsters. This trend poses significant challenges for both Turkish and international law enforcement agencies in the fight against cybercrime.
In addition to examining the state of the cybercriminal underworld, the study also features an interview with author David Hunt, who discusses his book “Irreducibly Complex Systems: An Introduction to Continuous Security Testing.” The book offers insights into the evolving field of continuous security testing and its potential impact on cybersecurity practices. Hunt argues for the adoption of this approach as a means to proactively identify and address vulnerabilities in a constantly changing threat landscape.
Furthermore, the study includes an Industry Voices segment featuring Mike Anderson from Netskope. Anderson outlines the challenges associated with managing Generative AI tools, which are increasingly being used by cybercriminals to automate and enhance their attacks. He emphasizes the need for organizations to have a comprehensive understanding of these tools and their potential risks to effectively defend against them.
Lastly, a senior Russian cyber diplomat warns against US escalation in cyberspace. The diplomat expresses concern over the escalating cyber clashes between Russia and the US, stating that it could potentially lead to an “all-out war” in cyberspace. The warning highlights the escalating tension between the two nations in the realm of cybersecurity and the need for international cooperation to address these challenges.
Overall, the NCA and NCSC study provides valuable insights into the current state of the cybercriminal underworld. It underscores the growing threat posed by malware like HijackLoader, the challenges associated with managing Generative AI tools, and the need for continuous security testing. Additionally, the study sheds light on the presence of Russia’s hacker diaspora in Turkey and the potential risks associated with escalating cyber clashes between Russia and the US. These findings serve as a reminder of the ongoing efforts required to combat cybercrime and strengthen cybersecurity practices globally.