You are not strangers to cyber-attacks as executive leaders of the Ghanaian financial services, critical infrastructure, oil and natural gas, health and education sectors. Cyber criminals are constantly evolving their tactics, so it is more important than ever that you understand how an attack works to protect your digital assets.
Cyber attacks for example Phishing usually consist of several stages that are designed to accomplish the attacker’s goal. These stages include reconnaissance and initial access, as well as command and control, data exfiltration, and lateral movement. We’ll examine each stage in detail and see what tactics attackers use.
Let’s look at an example of a cyber attack that occurred a few years ago in a financial institute in Ghana to illustrate these stages. To gain access to the network, attackers first used a phishing e-mail. Once inside the network, the attackers established a C2 and installed malware on several systems to move laterally across it. They were able to gain access to sensitive information about the organization and performed a number of unauthorized payment transfers. This had a severe impact on the company, resulting in significant financial losses as well as damage to its reputation amongst its partners within the financial banking community.
How can you protect yourself from these attacks? Here are a few tips to help you:
Cyber attacks are a growing and real threat for businesses in Ghana. Understanding the attack’s anatomy will help you better protect your digital assets and defend yourself against threats. Do not wait until a cyberattack occurs. Implement these best practices to protect your business today.
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