Rankiteo Logo
Rankiteo
Leader in Cyber Underwriting
Loading...
NEWRankiteo Cyber Underwriting Desktop - Score, price, and bind from your desktop
WindowsmacOSLinux
Download
Analyze » Cyber Security Canada » CYB1769640249

Incident Score: Analysis & Impact (CYB1769640249)

The details regarding individual company incidents & reports gives you full view from every side.

Rankiteo Score Impact Analysis

Rankiteo Incident Impact-114
Company Score Before Incident749 / 1000
Company Score After Incident635 / 1000
INCIDENT NUMBERCYB1769640249
Type of Cyber IncidentRansomware
ATTACK VECTORNA
DATA EXPOSEDSensitive information
INCIDENT DATE31/12/2023
STATUSpublished

Key Highlights From The Incident Analysis

  • Timeline of Cyber Security Canada's Ransomware and lateral movement inside company's environment.
  • Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
  • How Rankiteo’s incident engine converts technical details into a normalized incident score.
  • How this cyber incident impacts Cyber Security Canada Rankiteo cyber scoring and cyber rating.
  • Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.

Full Incident Analysis Transcript

In this Rankiteo incident briefing, we review the Cyber Security Canada breach identified under incident ID CYB1769640249.

The analysis begins with a detailed overview of Cyber Security Canada's information like the linkedin page: https://www.linkedin.com/company/cyber-security-canada, the number of followers: 4777, the industry type: Computer and Network Security and the number of employees: 16 employees

After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 749 and after the incident was 635 with a difference of -114 which is could be a good indicator of the severity and impact of the incident.

In the next step of the video, we will analyze in more details the incident and the impact it had on Cyber Security Canada and their customers.

A newly reported cybersecurity incident, "AI-Powered Ransomware Surge in Canada", has drawn attention.

The Canadian Centre for Cyber Security has issued a report highlighting the growing and evolving threat of ransomware, driven by the adoption of artificial intelligence (AI) by cybercriminals.

The disruption is felt across the environment, and exposing Sensitive information.

Formal response steps have not been shared publicly yet.

The case underscores how teams are taking away lessons such as Basic cybersecurity measures such as software updates, multi-factor authentication, and data backups remain essential defenses, and recommending next steps like Ongoing collaboration between law enforcement, the private sector, and international allies to counter these threats. Implementation of software updates, multi-factor authentication, and data backups.

Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.

The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.

MITRE ATT&CK® Correlation Analysis

Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Exploit Public-Facing Application (T1190) with moderate confidence (60%), supported by evidence indicating ransomware attacks...targeting businesses, hospitals, universities and Phishing: Spearphishing Attachment (T1566.001) with moderate confidence (50%), supported by evidence indicating aI used to...create deepfake content. Under the Execution tactic, the analysis identified User Execution: Malicious File (T1204.002) with moderate to high confidence (70%), supported by evidence indicating aI used to...develop malware and Command and Scripting Interpreter: PowerShell (T1059.001) with moderate confidence (50%), supported by evidence indicating aI used to bypass technical barriers. Under the Persistence tactic, the analysis identified Valid Accounts (T1078) with moderate confidence (60%), supported by evidence indicating ransomware actors...launching denial-of-service attacks during negotiations. Under the Privilege Escalation tactic, the analysis identified Exploitation for Privilege Escalation (T1068) with moderate confidence (50%), supported by evidence indicating aI used to identify vulnerabilities. Under the Defense Evasion tactic, the analysis identified Obfuscated Files or Information (T1027) with moderate to high confidence (70%), supported by evidence indicating aI used to...develop malware and Impair Defenses: Disable or Modify Tools (T1562.001) with moderate confidence (60%), supported by evidence indicating aI used to bypass technical barriers. Under the Credential Access tactic, the analysis identified Brute Force: Password Guessing (T1110.001) with moderate confidence (50%), supported by evidence indicating aI used to automate negotiations with victims. Under the Discovery tactic, the analysis identified File and Directory Discovery (T1083) with moderate confidence (60%), supported by evidence indicating aI used to identify vulnerabilities. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (80%), supported by evidence indicating data encryption with threats to leak stolen sensitive information. Under the Command and Control tactic, the analysis identified Application Layer Protocol: Web Protocols (T1071.001) with moderate confidence (60%), supported by evidence indicating aI used to automate negotiations with victims. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate to high confidence (80%), supported by evidence indicating multi-extortion tactics...threats to leak stolen sensitive information. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with high confidence (90%), supported by evidence indicating ransomware attacks...data encryption with threats to leak and Inhibit System Recovery (T1490) with moderate to high confidence (70%), supported by evidence indicating ransomware remains one of the most disruptive and costly cyber threats. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.

Initial Access
Exploit Public-Facing Application (60%)
Phishing: Spearphishing Attachment (50%)
Execution
User Execution: Malicious File (70%)
Command and Scripting Interpreter: PowerShell (50%)
Persistence
Valid Accounts (60%)
Privilege Escalation
Exploitation for Privilege Escalation (50%)
Defense Evasion
Obfuscated Files or Information (70%)
Impair Defenses: Disable or Modify Tools (60%)
Credential Access
Brute Force: Password Guessing (50%)
Discovery
File and Directory Discovery (60%)
Collection
Data from Local System (80%)
Command and Control
Application Layer Protocol: Web Protocols (60%)
Exfiltration
Exfiltration Over C2 Channel (80%)
Impact
Data Encrypted for Impact (90%)
Inhibit System Recovery (70%)

Sources & References