Incident Score: Analysis & Impact (INT1774895581)
The details regarding individual company incidents & reports gives you full view from every side.
Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of Intesa Sanpaolo's Breach 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 Intesa Sanpaolo 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 Intesa Sanpaolo breach identified under incident ID INT1774895581.
The analysis begins with a detailed overview of Intesa Sanpaolo's information like the linkedin page: https://www.linkedin.com/company/intesa-sanpaolo, the number of followers: 608599, the industry type: Banking and the number of employees: 54522 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 756 and after the incident was 700 with a difference of -56 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 Intesa Sanpaolo and their customers.
Intesa Sanpaolo recently reported "Italian Regulators Fine Intesa Sanpaolo €31.8M for Unauthorized Customer Data Access", a noteworthy cybersecurity incident.
Italian regulators imposed a €31.8 million ($36 million) fine on Intesa Sanpaolo for improperly accessing the banking data of over 3,500 customers over a two-year period.
The disruption is felt across the environment, affecting Customer database, and exposing Banking data of 3,573 customers, with nearly 3,573 records at risk, plus an estimated financial loss of €31.8M fine.
In response, and began remediation that includes Enhanced safeguards and monitoring mechanisms, and stakeholders are being briefed through Incomplete and delayed notifications to impacted customers.
The case underscores how Completed, teams are taking away lessons such as Inadequate internal controls and monitoring can lead to unauthorized data access, especially for high-risk individuals. Timely and complete customer notifications are critical, and recommending next steps like Implement stricter access controls, enhance monitoring mechanisms, ensure timely regulatory notifications, and apply enhanced protections for high-risk individuals, with advisories going out to stakeholders covering Delayed and incomplete notifications to impacted customers.
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 Valid Accounts (T1078) with high confidence (90%), supported by evidence indicating an employee accessed the accounts of 3,573 customers without legitimate justification. Under the Credential Access tactic, the analysis identified Unsecured Credentials: Cloud Instance Metadata API (T1552.005) with lower confidence (30%), supported by evidence indicating inadequate technical and organizational safeguards. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (80%), supported by evidence indicating banking data of 3,573 customers accessed over two years and Data from Information Repositories (T1213) with high confidence (90%), supported by evidence indicating unrestricted queries of the entire customer database. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with moderate confidence (50%), supported by evidence indicating unauthorized accesses...exposing critical weaknesses in monitoring and Transfer Data to Cloud Account (T1537) with lower confidence (40%), supported by evidence indicating lack of sufficient safeguards to flag improper activity. Under the Defense Evasion tactic, the analysis identified Impair Defenses: Disable or Modify Tools (T1562.001) with moderate to high confidence (70%), supported by evidence indicating internal controls failed to detect these unauthorized accesses and Indicator Removal: Clear Windows Event Logs (T1070.001) with lower confidence (30%), supported by evidence indicating inadequate monitoring and prevention mechanisms. Under the Impact tactic, the analysis identified Data Destruction (T1485) with lower confidence (20%), supported by evidence indicating serious shortcomings in personal data security and Data Manipulation: Stored Data Manipulation (T1565.001) with lower confidence (30%), supported by evidence indicating unauthorized access to banking data of 3,573 customers. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Intesa Sanpaolo Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/intesa-sanpaolo/incident/INT1774895581
- Intesa Sanpaolo CyberSecurity Rating page: https://www.rankiteo.com/company/intesa-sanpaolo
- Intesa Sanpaolo Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/int1774895581-intesa-sanpaolo-breach-july-2024/
- Intesa Sanpaolo CyberSecurity Score History: https://www.rankiteo.com/company/intesa-sanpaolo/history
- Intesa Sanpaolo CyberSecurity Incident Source: https://therecord.media/italian-regulator-fines-financial-giant-36-million
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf