Application Security

8/20/2018
02:00 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

FireEye Cautions Malaysian Firms of Heightened Cyber Risk

Malaysia's political shift and Belt & Road links lead to heightened interest from state- linked cyber threat actors: FireEye intelligence head.

August 15, 2018 – Today FireEye cautioned Malaysian organizations about the heightened risk of cyber espionage in the wake of the country’s political transition and shifts on projects related to the Belt & Road Initiative, which has generated interest from a variety of cyber espionage threat actors. 

The Belt and Road Initiative is an ambitious, multi-year project across Asia, Europe, the Middle East, and Africa to develop a land and maritime trade network that will project China’s influence across the greater region. FireEye analysts have observed a pattern of targeting by China-based groups and others against organizations with links to the Belt & Road Initiative.

Additionally, FireEye believes that China-based threat groups have deployed systematic cyber espionage operations against close allies in Southeast Asia, such as the recently reported widespread compromise of the Cambodian political system by TEMP.Periscope which was reported by FireEye.

“Malaysia’s new government has called for renegotiation of the terms of some Belt & Road projects, which is likely to generate some uncertainty in parties interested in the outcome of these projects and other regional developments. We expect espionage activity against Malaysian organizations will increase in an attempt to gain insight into current events,” said Sandra Joyce, vice president and head of global intelligence operations at FireEye.

“It’s imperative for Malaysian organizations across the public and private sectors to take steps to strategically manage their risk, by understanding who’s likely to target them, why, how, and ensure they are able to quickly detect and respond to these attacks,” continued Joyce. 

FireEye believes the Belt & Road Initiative will be a driver of regional cyber threat activity from a variety of actors—including China-based threats groups—to gain information advantage and collect business intelligence on individual projects and agreements. FireEye has witnessed indications that cyber espionage collection related to the Belt & Road Initiative is increasing. This includes both Chinese cyber espionage activity targeting countries in the region and other nation-state cyber operations targeting Chinese organizations. 

Based on historic activity, expected targeted sectors include regional governments, academia and think tanks, transportation, construction, manufacturing, energy, mining, and finance.

Asia Pacific Findings Compound the Challenge

Asia Pacific companies took almost five times as long as the global median time to detect cyber attacks according to the M-Trends® 2018 report on the preparedness of firms to respond to breaches.

“One reason cyber espionage is prevalent in Southeast Asia is because most organizations are not able to detect the intrusion,” continued Joyce.

M-Trends 2018 data indicates that Asia Pacific organizations which have been victims of a targeted compromise are more likely to be targeted again. Asia Pacific organizations were twice as likely to have experienced multiple incidents from multiple attackers, compared to organizations in EMEA or North America. More than 91 percent of Asia Pacific organizations which had at least one significant attack attempt were targeted again by the same or a similarly motivated attack group. Of those organizations, 82 percent had multiple attackers identified. 

FireEye representatives briefed reporters on the sidelines of the company’s security conference, Cyber Defense Live Kuala Lumpur. The conference brings together experts from Malaysia and beyond to discuss the latest developments and best practices when it comes to the technology, expertise and intelligence that helps protect Malaysian organizations from attackers.

About FireEye, Inc. 

FireEye is the intelligence-led security company. Working as a seamless, scalable extension of customer security operations, FireEye offers a single platform that blends innovative security technologies, nation-state grade threat intelligence, and world-renowned Mandiant® consulting. With this approach, FireEye eliminates the complexity and burden of cyber security for organizations struggling to prepare for, prevent, and respond to cyber attacks. FireEye has over 7,100 customers across 67 countries, including more than 45 percent of the Forbes Global 2000.

FireEye, Mandiant and M-Trends are registered trademarks or trademarks of FireEye, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners. 

 

 

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
WebAuthn, FIDO2 Infuse Browsers, Platforms with Strong Authentication
John Fontana, Standards & Identity Analyst, Yubico,  9/19/2018
Turn the NIST Cybersecurity Framework into Reality: 5 Steps
Mukul Kumar & Anupam Sahai, CISO & VP of Cyber Practice and VP Product Management, Cavirin Systems,  9/20/2018
NSS Labs Files Antitrust Suit Against Symantec, CrowdStrike, ESET, AMTSO
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/19/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
The Risk Management Struggle
The Risk Management Struggle
The majority of organizations are struggling to implement a risk-based approach to security even though risk reduction has become the primary metric for measuring the effectiveness of enterprise security strategies. Read the report and get more details today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-17321
PUBLISHED: 2018-09-22
An issue was discovered in SeaCMS 6.64. XSS exists in admin_datarelate.php via the time or maxHit parameter in a dorandomset action.
CVE-2018-17322
PUBLISHED: 2018-09-22
Cross-site scripting (XSS) vulnerability in index.php/index/category/index in YUNUCMS 1.1.4 allows remote attackers to inject arbitrary web script or HTML via the area parameter.
CVE-2018-14889
PUBLISHED: 2018-09-21
CouchDB in Vectra Networks Cognito Brain and Sensor before 4.3 contains a local code execution vulnerability.
CVE-2018-14890
PUBLISHED: 2018-09-21
Vectra Networks Cognito Brain and Sensor before 4.2 contains a cross-site scripting (XSS) vulnerability in the Web Management Console.
CVE-2018-14891
PUBLISHED: 2018-09-21
Management Console in Vectra Networks Cognito Brain and Sensor before 4.3 contains a local privilege escalation vulnerability.