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Email Attacks Target 80% of Key Infrastructure Firms, Study Reveals

Emails are a straightforward way for attackers to deliver phishing scams, malicious links, and harmful attachments.

 


Strong security for emails is one of the top concerns of CNI dealing companies. According to a recent OPSWAT report, 80% of CNI companies reported an email-related security breach in the past year. Malicious emails are being exploited to target essential services, and email-based attacks are increasingly used as a key strategy for gaining unauthorised access.

CNI organisations, such as utilities, transportation, telecommunications, and data centres, are prime targets for cybercriminals. The appeal lies in the widespread disruption a successful attack can cause. For example, a report from Malwarebytes highlighted that the services industry, which includes many CNI sectors, has been heavily impacted by ransomware, accounting for nearly a quarter of global attacks.

Email attacks prove to be particularly effective, according to a report by OPSWAT, which polled 250 IT and security leaders of CNI firms. For instance, CNI organisations experienced 5.7 phishing incidents, 5.6 account compromises, and 4.4 instances of data leakage per year for every 1,000 employees. Yet still, more than half of the respondents assumed that email messages and attachments were safe by default.

Why Cybercriminals Target Emails

Emails are a straightforward way for attackers to deliver phishing scams, malicious links, and harmful attachments. Once opened, these can give hackers access to critical systems. More than 80% of CNI organisations believe that email threats will increase or stay the same over the next year, with phishing, data theft, and zero-day malware attacks being the most likely.

As operational technology (OT) and IT systems become more connected, the risk grows. The report warns that fewer OT networks are isolated from the internet today. This interconnection means a single email attack could spread from IT to OT systems, causing further damage and enabling attackers to launch new attacks from within the network.

UK Steps up Data Center Security End

Data centres have just been designated by the UK government as critical national infrastructure, thus putting them in a category qualifying for further protection from growing cyber threats. This is the first new CNI designation since 2015. The measure aims to enhance the security of these critical facilities that guarantee the running of all services across the country pretty slickly.

This change also means that data centres will receive more government support in the event of cyber incidents, including access to the National Cyber Security Centre and emergency services when necessary. However, the increased designation also comes with tighter regulations, including the need for physical security measures, audits, and updated contingency plans.

Despite the serious threat email attacks pose, most CNI companies struggle with compliance. As revealed in the OPSWAT report, 65% of leaders admit that their organisations do not meet regulatory standards. However, for EMEA companies, this number goes down to 28%. Poor compliance leaves these organisations more vulnerable to attack.

Recent data shows that cyber attacks on CNI organisations are on the rise. The NCC Group’s latest Threat Pulse found that in July alone, 34% of ransomware attacks targeted CNI, up from 32% in June. Experts suggest that cybercriminals may now feel less concerned about consequences from law enforcement. Initially, ransomware groups avoided high-profile targets like hospitals to avoid severe crackdowns. However, recent attacks on CNI suggest they are no longer holding back.

Legacy Technology: The Soft Underbelly 

One of the biggest issues facing CNI companies is their reliance on outdated technology. The National Cyber Security Centre’s 2023 Annual Review noted that many critical infrastructure organisations still use legacy systems that are not regularly updated, making them easy targets for cyber attacks. These systems are often decades old and lack basic security features, making it easier for attackers to exploit them. A Microsoft report from May supported these findings, showing that security measures for OT systems are often inadequate, making attacks on water and other key infrastructure systems both attractive and easy for hackers. As cyber threats continue to rise, the need for CNI companies to update their technology and strengthen their security protocols becomes increasingly urgent. 

As email attacks continue to plague critical infrastructure organisations, it’s clear that a stronger approach to email security is needed. OPSWAT’s report stresses the importance of prevention, urging CNI companies to prioritise email security measures to protect their networks. With cybercriminals targeting these vital systems more than ever before, improving defences against email-borne threats is essential for ensuring the security and stability of national infrastructure.

CNI companies are facing a growing threat from email-based cyber attacks. As technology develops and attackers become more sophisticated, it’s crucial for organisations to update their security measures and comply with regulations to safeguard their operations. Email remains a key entry point for cybercriminals, and without the necessary precautions, the consequences could be severe.



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