Major IT Threats that Show Up During the Holidays

Written By: Kristopher Wyatt

person surrounded by holiday decorations using laptop to do online shopping

As the holiday season approaches, it's not just the spirit of joy and giving that sees a rise; there's also a significant increase in IT threats that businesses and individuals must be wary of. From phishing scams wrapped in festive themes to sophisticated ransomware attacks targeting busy online shoppers, the digital landscape during the holidays presents unique challenges. This blog aims to shed light on the major IT threats that emerge during this festive period, offering insights into their nature, the reasons behind their surge, and practical advice on how to stay protected.

The Holiday IT Threat Landscape

As we delve into the holiday season, the IT threat landscape undergoes a significant transformation, becoming more treacherous and unpredictable. This period, characterized by increased online activity, both personal and commercial, becomes a fertile ground for cybercriminals looking to exploit the festive rush.

Online Shopping

One of the most notable shifts during the holidays is the spike in online shopping. E-commerce platforms see a massive influx of traffic, with consumers hunting for deals and completing last-minute purchases. This surge is not lost on cybercriminals, who eagerly deploy sophisticated scams targeting both unsuspecting shoppers and the businesses serving them. Credit card fraud, identity theft, and fake websites masquerading as legitimate retailers become increasingly common, preying on the urgency and distraction that often accompany holiday shopping.

Phishing

Phishing scams, too, get a holiday makeover. Cybercriminals craft emails and messages with holiday themes, exploiting the season's goodwill and cheer to trick individuals into revealing sensitive information. These phishing attempts often mimic familiar brands or charities, making them harder to immediately identify as fraudulent.

Social Engineering

The holiday season also witnesses a rise in social engineering attacks. With employees taking time off and temporary staff possibly filling in, organizations often find their usual vigilance somewhat diluted. Cybercriminals capitalize on this, using clever manipulation tactics to gain access to restricted information or systems.

Ransomware

Ransomware and malware attacks also see an uptick. These threats, increasingly sophisticated, can cause significant damage to both individuals and organizations. The festive season, with its heightened online transactions and communications, provides ample opportunities for these malicious programs to infiltrate systems.

Insider Threats

Moreover, the holiday season can also bring an increased risk of insider threats. With the end of the year approaching, disgruntled employees or those with access to sensitive information might pose a greater risk than at other times of the year.

Internet of Things

In addition to these, the proliferation of IoT (Internet of Things) devices – often popular gifts during the holidays – adds another layer of vulnerability. Many of these devices lack robust security features, making them easy targets for cybercriminals looking to breach home or corporate networks.

This evolving threat landscape during the holidays requires heightened vigilance and proactive measures from both individuals and organizations. Understanding the nature of these threats is the first step in developing effective strategies to counter them, ensuring that the festive season remains a time of joy and celebration, not stress and loss.

Phishing Scams

Phishing scams, a perennial threat in the cyber world, become particularly insidious during holiday seasons. These scams, which involve tricking individuals into divulging sensitive information like login credentials, credit card numbers, or social security details, adapt cleverly to exploit the holiday spirit.

During the holidays, phishing attempts often take on a festive guise. Cybercriminals craft emails and messages that mimic holiday greetings, special offers, or charity appeals, playing on the season's themes of generosity and urgency. These messages might appear to be from well-known retailers offering incredible deals, or they might mimic communication from delivery services, a common sight given the increase in online shopping and shipping during this period.

The sophistication of these scams has grown significantly. Phishing emails and websites are no longer riddled with obvious errors; they are now more polished and convincing, making it harder for individuals to immediately recognize them as fraudulent. They often include logos, branding, and language that closely resemble those of legitimate entities. The links embedded in these emails lead to fake websites that are designed to steal information. Once a user enters their details on these sites, the information goes straight to the scammers.

Another common tactic is the use of urgency or fear. For instance, an email might falsely claim that there's a problem with a recent order or an issue with a user's account that requires immediate attention. This sense of urgency can cause people to act impulsively, bypassing their usual caution.

Phishing also extends beyond emails. Smishing, where scammers send text messages, and vishing, involving voice calls, are also prevalent. These methods exploit the same human vulnerabilities – trust and urgency – but through different mediums.

The consequences of falling victim to a phishing scam can be severe. For individuals, it can lead to identity theft, financial loss, and significant stress. For businesses, the implications can include compromised customer data, financial losses, and damage to reputation.

To combat phishing, awareness and education are key. Individuals should be cautious of unsolicited communications, especially those that request personal information or prompt to click on a link. Verifying the authenticity of the message by contacting the company directly through official channels can be a crucial step. Additionally, implementing robust security measures, like two-factor authentication, can provide an extra layer of protection.

During the holiday season, when the flurry of online activity can make it easy to let one's guard down, being vigilant against phishing scams is more important than ever. Recognizing the signs of a scam and knowing how to respond can go a long way in safeguarding personal and professional information in this digitally connected world.

E-commerce Attacks

E-commerce attacks represent a significant and growing threat, especially during the holiday season when online shopping reaches its peak. These attacks are diverse and sophisticated, targeting both consumers and online retailers in various ways.

One of the most common forms of e-commerce attacks is credit card fraud. Cybercriminals use different tactics to obtain credit card information from shoppers. This can involve phishing scams, as previously discussed, or more direct methods like hacking into a retailer's database to steal customer data. Once they have this information, they can make unauthorized purchases or sell the details on the dark web.

Another prevalent threat is the creation of fake websites. These websites are designed to look like legitimate online stores, often copying the design, layout, and even the domain name of real e-commerce sites to trick consumers. Shoppers who use these sites may think they are purchasing genuine products but end up giving away their personal and financial information to fraudsters. These sites might also infect the shopper's device with malware.

Speaking of malware, e-commerce sites are often targeted with various malicious software designed to steal data directly from the site or from the shoppers who use it. This includes spyware that can track a user's activity and keystrokes, and ransomware that can lock a company out of its own website or database until a ransom is paid.

DDoS (Distributed Denial of Service) attacks are another significant threat to e-commerce sites. These attacks involve overwhelming a website with traffic from multiple sources, causing it to slow down significantly or crash entirely. During the holiday season, when online traffic is already high, a successful DDoS attack can be particularly damaging, resulting in lost sales and a tarnished reputation.

Insider threats also pose a risk in the e-commerce sector. Disgruntled or malicious employees can exploit their access to sensitive company data, leading to data breaches or other forms of sabotage. During the holiday season, when temporary staff might be hired and regular staff might be more distracted, the risk of insider threats can increase.

To protect against these e-commerce attacks, both consumers and businesses need to be vigilant. Consumers should be cautious about where they shop online, look for signs of website legitimacy, use secure payment methods, and be wary of too-good-to-be-true offers. Businesses, on the other hand, need to invest in robust cybersecurity measures, including secure and updated e-commerce platforms, employee training, and strategies to detect and respond to threats promptly.

The holiday season, with its promise of increased sales, can quickly turn into a nightmare for e-commerce businesses and shoppers alike if these cybersecurity threats are not taken seriously and addressed effectively.

Ransomware and Malware

Ransomware and malware represent some of the most insidious and damaging forms of cyberattacks, posing a significant threat to both individuals and organizations. Their prevalence and sophistication have only increased over time, making them a critical concern in the realm of cybersecurity.

Ransomware is a type of malicious software that encrypts a victim's files or locks them out of their system, with the attacker demanding a ransom in exchange for the decryption key or reaccess. The impact of ransomware can be devastating. For individuals, it can mean the loss of personal and often irreplaceable data, such as family photos or important documents. For businesses and organizations, the stakes are even higher. Ransomware can cripple critical systems, disrupt operations, lead to significant financial losses, and damage the organization's reputation.

The methods of ransomware delivery are varied but often involve phishing emails with malicious attachments or links. Once the ransomware is downloaded and executed, it quickly encrypts files and displays a ransom note. In recent years, ransomware attacks have become more targeted, with attackers doing reconnaissance to identify valuable data or systems and demanding higher ransoms.

Malware, short for malicious software, encompasses a range of software designed to harm or exploit any programmable device or network. Malware includes viruses, worms, Trojan horses, spyware, adware, and more. These malicious programs can steal, encrypt, delete data, alter or hijack core computing functions, and spy on the user's computer activity without their knowledge.

The delivery of malware, like ransomware, often occurs through phishing emails, malicious websites, or software downloads. Once installed, malware can operate silently in the background, stealing information, compromising systems, and sometimes spreading across networks and to other connected devices.

The holiday season often sees a spike in these types of cyberattacks. With increased online activity, from shopping to holiday greetings, attackers find more opportunities to distribute ransomware and malware. People are more likely to click on a link or download an attachment that appears to be a holiday offer or greeting, making them more susceptible to these attacks.

Protecting against ransomware and malware requires a multi-layered approach. For individuals, this includes being cautious about email attachments and downloads, keeping software updated, using antivirus programs, and regularly backing up important data. For organizations, the approach is more complex and includes employee training, robust cybersecurity measures, network monitoring, regular data backups, and a comprehensive incident response plan.

The threat of ransomware and malware is a stark reminder of the importance of cybersecurity vigilance. As these threats continue to evolve, staying informed and prepared is crucial for safeguarding digital assets and personal information.

Social Engineering Tactics and DDoS Attacks

Social Engineering Tactics

Social engineering represents a different kind of threat in the cybersecurity landscape, one that exploits human psychology rather than technological vulnerabilities. It involves manipulating individuals into divulging confidential information or performing actions that may compromise security. The success of social engineering attacks hinges on the attacker's ability to gain trust and deceive the victim.

The most common form of social engineering is phishing, which has been discussed earlier. However, there are other tactics as well:

Pretexting: Here, the attacker creates a fabricated scenario (or pretext) to engage a potential victim. This might involve impersonating co-workers, police, bank officials, or other persons with right-to-know authority to extract sensitive information or gain access to restricted areas.

Baiting: Similar to phishing, baiting involves offering something enticing to the victim in exchange for private information. This could be in the form of a free music or movie download that leads the victim to a malicious website

Tailgating: An attacker seeking physical access to a restricted area might simply follow an authorized person into a building, relying on social norms (like holding the door open for others) to gain entry.

Quid Pro Quo: This involves a promise of a benefit in exchange for information. For example, an attacker might impersonate an IT service person and offer to solve a computer issue in exchange for login credentials.

During the holiday season, these tactics can be particularly effective due to the general atmosphere of trust and goodwill, along with the increased volume of communications and transactions.

DDoS Attacks

Distributed Denial of Service (DDoS) attacks are a major threat to online services, websites, and networks. These attacks aim to overwhelm a system with a flood of internet traffic, making it unavailable to its intended users. DDoS attacks are executed using a network of internet-connected devices, often infected with malware, allowing attackers to control them remotely and direct large amounts of traffic to the target.

The reasons for DDoS attacks can vary from simple vandalism to extortion, where attackers demand payment to stop the attack. During the holiday season, when online retail and services experience high traffic, DDoS attacks can be particularly damaging. They can lead to significant financial losses, damage to brand reputation, and loss of customer trust.

Preventing and mitigating DDoS attacks involves several strategies:

Infrastructure Resilience: This includes having a robust network infrastructure with the ability to handle large volumes of traffic and the resilience to withstand attacks.

Traffic Analysis: Regular monitoring of network traffic can help in early detection of unusual traffic patterns indicative of a DDoS attack.

DDoS Protection Services: Many organizations employ specialized DDoS protection services that can detect and mitigate attacks.

Response Plan: Having a well-prepared response plan is crucial to quickly and effectively address a DDoS attack.

Both social engineering tactics and DDoS attacks exploit fundamental aspects of human nature and technology. While social engineering targets human vulnerabilities, DDoS attacks exploit the interconnected nature of the internet. Understanding these threats and implementing comprehensive security measures are crucial steps in protecting against them.

Best Practices for IT Security During the Holidays

The holiday season, with its surge in online activity and transactions, calls for heightened vigilance in IT security. Both individuals and organizations must adopt best practices to safeguard against the increased risk of cyber threats during this period. Here are some key strategies to enhance IT security during the holidays:

1. Strengthen Password Policies

Use Strong, Unique Passwords: Avoid common or easily guessable passwords. Each account should have a unique password.

Implement Multi-Factor Authentication (MFA): MFA adds an extra layer of security beyond just a username and password.

2. Update and Patch Systems

Regular Software Updates: Ensure that all software, including operating systems and antivirus programs, are up to date with the latest patches.

Secure IoT Devices: New IoT devices, popular during the holidays, should be secured and updated upon installation.

3. Educate and Train Staff

Awareness Training: Conduct regular training sessions on recognizing phishing attempts, safe browsing practices, and the importance of data security.

Remind Temporary Staff: Temporary or seasonal workers should be briefed on the company's IT security policies.

4. Secure Online Transactions

Use Secure Connections: Ensure that any online transaction is done over a secure, encrypted connection (look for "https" in the URL).

Be Wary of Public Wi-Fi: Avoid conducting sensitive transactions over public Wi-Fi networks.

5. Backup Data Regularly

Regular Backups: Keep regular backups of critical data, both in the cloud and on physical drives, to prevent loss in case of a cyberattack.

6. Monitor Networks and Systems

Regular Monitoring: Keep an eye on network traffic and system logs for unusual activity that could indicate a breach or an ongoing attack.

Use Intrusion Detection Systems: Implement systems that can detect and alert on potential security breaches.

7. Implement Access Controls

Restrict Access: Limit access to sensitive data and systems only to those who need it for their work.

Audit Access Privileges: Regularly review who has access to what, especially after a staff change.

8. Have an Incident Response Plan

Prepare for Breaches: Have a clear, tested plan in place for responding to security incidents to minimize damage and recover quickly.

9. Secure Physical Assets

Lock Up Physical Devices: Ensure that devices like laptops, hard drives, and USBs are secure, especially in shared or public spaces.

10. Stay Informed

Stay Updated on Threats: Keep abreast of the latest cybersecurity threats and trends, as cyber threats are constantly evolving.

By implementing these best practices, individuals and organizations can significantly reduce their risk of falling victim to cyber threats during the holiday season. It's about creating a culture of security awareness and taking proactive steps to protect digital assets and sensitive information.

Conclusion

While a time of joy and celebration, also brings with it a heightened risk of cyber threats. From phishing scams and ransomware attacks to the vulnerabilities of IoT devices and the dangers of insider threats, the landscape of digital security becomes increasingly complex during this period. However, by adhering to best practices for IT security – such as using strong passwords, regularly updating systems, educating staff, monitoring networks, and having a robust incident response plan – both individuals and organizations can significantly bolster their defenses against these seasonal cyber risks. 


Ozark Technology is a Business Technology Provider that helps organizations across the country rethink the value technology brings to their business. Want to partner with us? Let’s chat.

Kristopher Wyatt

Kristopher Wyatt is an accomplished cybersecurity expert and leader in the industry. As the General Manager of Ozark Technology, he has helped the company be recognized as an MSP 501 List Winner every year since joining in 2019, demonstrating his expertise in the field. Kristopher is a sought-after speaker and was invited to speak to a new class of Dell sales team graduates in 2022, where he shared his insights into the complex relationship between end users and Dell. With two main partnership focuses, Advanced Security and Business Technology, Kristopher has extensive experience in providing secure toolsets, regulatory compliance, and IT support to SMBs and enterprise organizations. Prior to founding Ozark Technology, Kristopher spent several years in the United States Navy, where he worked as a Signal Intelligence Analyst, becoming a subject matter expert in his target area of responsibility. After leaving the Navy, he continued his career in the intelligence and counterterrorism sectors with the NSA, before moving on to work in the private security sector. With his diverse background and wealth of experience, Kristopher is a trusted authority in cybersecurity and is highly respected in the industry.

https://www.ozarktechnology.com/kristopher-wyatt
Previous
Previous

MSP Year in Review: Top IT Challenges of 2023

Next
Next

Why Your Business Should Have an Annual Security Audit