Cryptominers & Botnets: Darktrace End of Year Threat Report Sees Shifting Threats as MaaS and RaaS Dominate

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Feb 06, 2024, 02:00 ET

As-a-Service tools proliferating with malware loaders, cryptomining and botnets dominating attacks
10.4 million phishing emails detected between September and December, but novel attack techniques emerging as greater risk
Rapid growth of threats such as ScamClub and AsynchRAT

CAMBRIDGE, United Kingdom, Feb. 6, 2024 /PRNewswire/ -- Darktrace, a global leader in cyber security AI, has today released its 2023 End of Year Threat Report, identifying the key threats and attack methods facing businesses observed across the past 6 months. These insights, observed by Darktrace's unique Self-Learning AI across its customer fleet, shed light on rapid shifts in the cyber security landscape and new techniques adopted by attackers attempting to sidestep traditional defences.

The findings show that as-a-Service attacks continue to dominate the threat landscape, with Malware-as-a-Service (MaaS) and Ransomware-as-a-Service (RaaS) tools making up the majority of malicious tools in use by attackers. As-a-Service tools can provide attackers with everything from pre-made malware to templates for phishing emails, payment processing systems and even helplines to enable criminals to mount attacks with limited technical knowledge.

The most common as-a-Service tools Darktrace saw in use from July to December 2023 were:

Malware loaders (77% of investigated threats¹), which can deliver and execute other forms of malware and enable attackers to repeatedly target affected networks.
Cryptominers (52% of investigated threats), which use an infected device to mine for cryptocurrency.
Botnets (39% of investigated threats), enrol users in wider networks of infected devices, which attackers then leverage in larger-scale attacks on other targets.
Information-stealing malware (36% of investigated threats), malicious software like spyware or worms, designed to secretly access and collect sensitive data from a victim's computer or network.
Proxy botnets (15% of investigated threats), more sophisticated botnets that use proxies to hide the true source of their activity.

The report also reveals a changing of the guard. In its First 6: Half-Year Threat Report, Darktrace identified Hive ransomware as one of the major Ransomware-as-a-Service attacks at the beginning of 2023. With the dismantling of Hive by the US government in January 2023, Darktrace observed the rapid growth of a range of threats filling the void, including ScamClub, a malvertising actor notorious for spreading fake virus alerts to notable news sites, and AsyncRAT, responsible for attacking US infrastructure employees in recent months.

Attackers shift to advanced solutions to bypass conventional security measures

As businesses continue to rely on email and collaboration tools for communication, methods such as phishing continue to cause a headache for security teams. Darktrace detected 10.4 million phishing emails across its customer fleet between the 1st September and the 31st December 2023. But the report also highlights how cybercriminals are embracing more sophisticated tools and tactics designed to evade traditional security parameters. One example is the rise of Microsoft Teams phishing in which attackers contact employees through Teams, posing as a co-worker and tricking them into clicking malicious links. In one case in September 2023, Darktrace identified a suspected Teams phisher attempting to trick users into clicking a SharePoint link that would download the DarkGate malware and deploy further strains of malware across the network.

Another new trend identified is the growth of malware developed with multiple functions to inflict maximum damage. Often deployed by sophisticated groups like cyber cartels, these Swiss Army knife-style threats combine capabilities. For example, the recent Black Basta ransomware also spreads the Qbot banking trojan for credential theft. Such multi-tasking malware lets attackers cast a wide net to monetise infections.

"Throughout 2023, we observed significant development and evolution of malware and ransomware threats, as well as changing attacker tactics and techniques resulting from innovation in the tech industry at large, including the rise in generative AI. Against this backdrop, the breadth, scope, and complexity of threats facing organizations has grown significantly," comments Hanah Darley, Director of Threat Research, Darktrace. "Security teams face an up-hill battle to stay ahead of attackers, and need a security stack that keeps them ahead of novel attacks, not chasing yesterday's threats."

Download the 2023 End of Year Threat Report at darktrace.com/threat-report-2023.

ABOUT DARKTRACE

Darktrace (DARK.L), a global leader in cyber security artificial intelligence, is on a mission to free the world of cyber disruption. Breakthrough innovations in its Cyber AI Research Centre have resulted in over 165 patents filed and research published to contribute to the cyber security community. Rather than study attacks, Darktrace's technology continuously learns and updates its knowledge of your business data and applies that understanding to optimise your state of optimal cyber security. Darktrace's cyber AI technology provides a full lifecycle approach to cyber resilience across the entire organisation that can autonomously spot and respond to novel in progress threats within seconds. Darktrace employs over 2,300 people around the world and protects approximately 9,200 customers globally from advanced cyber threats. Darktrace was named one of TIME magazine's 'Most Influential Companies' in 2021. To learn more, visit http://www.darktrace.com.

¹ The percentages above represent more than 100%, as customers are categorised into more than one threat type based on infections within each category.

SOURCE Darktrace