Posts Tagged "cybersecurity"

The Emerging Cyberattack Landscape in Recruitment

Posted on Nov 1, 2024

The Emerging Cyberattack Landscape in Recruitment

The process of hiring employees has evolved since the days of posting ads in the newspaper. While technological advancements have streamlined recruitment, they have also opened new avenues for cyber threats. Cybercriminals are exploiting hiring processes to infiltrate organizations, steal sensitive data and cause financial and reputation damage. Recent incidents involving North Korean operatives and sophisticated hacking groups highlight the urgency of addressing these risks.

Hiring is often in the hands of trained human resource recruiters. However, it is also often shouldered by those who also wear many hats: office managers, team or department leads and business owners who may not be trained to look out for bad actors. Below, I explore the cyber risks associated with hiring, detail specific tactics used by cybercriminals and offer practical tips for safeguarding against these growing threats.

Case Study: North Korean Operatives Posing as IT Workers

A recent incident uncovered that North Korean IT professionals were attempting to secure employment with U.S. companies by posing as remote workers. These individuals presented impressive resumes and portfolios to appear legitimate. Once hired, they aimed to access sensitive company data and systems, potentially funneling information back to their government.

Tactics Used Against Companies: Impersonation and Fake Profiles

Cybercriminals are creating elaborate fake identities to deceive HR professionals during the hiring process. These fabricated personas often come with detailed resumes, professional social media profiles and endorsements from seemingly reputable sources. The goal is to gain the company’s trust and secure a position that provides access to sensitive information.

Example: An individual might pose as a seasoned software engineer with an impressive work history at well-known tech companies. They provide falsified references that are part of the scam. HR professionals, eager to fill critical positions, may overlook subtle inconsistencies, allowing the impostor to infiltrate the organization.

Malicious Attachments in Applications

Another prevalent tactic involves sending resumes and cover letters embedded with malware. Cybercriminals craft documents that appear legitimate but contain hidden malicious code. When HR personnel open these files, the malware activates and infects the company’s network.

Example: A seemingly innocuous PDF resume triggers the download of ransomware upon opening. The malware encrypts critical files, rendering systems inoperable until a ransom is paid. Such incidents can lead to significant downtime, financial losses and reputation damage.

Compromised Third-Party Recruitment Platforms

Attackers also infiltrate job boards and recruitment platforms to post fake job listings or harvest information from genuine applications. By compromising these third-party services, cybercriminals can cast a wide net, affecting multiple companies and a vast pool of candidates.

Example: An attacker gains access to a popular job board and posts listings for high-demand positions at reputable companies. Unsuspecting HR professionals and job seekers interact with these listings, inadvertently providing valuable information or downloading malicious content. This can lead to unauthorized access to company systems or identity theft for individuals.

Tactics Used Against Job Seekers

Fake Job Offers from Cybercriminals

Scammers are increasingly posing as HR professionals from legitimate companies, reaching out to candidates with enticing job offers. Their objective is to extract personal information, financial details or even direct payments under the guise of processing fees or equipment purchases.

Example: An applicant receives an offer letter that appears official, complete with company logos and professional language. The letter requests a processing fee or sensitive banking information for direct deposit setup. Eager to secure the position, the candidate complies, only to later realize they have been scammed. This tactic not only leads to financial loss but can also result in identity theft.

Phishing Emails Mimicking Recruitment Communications

Phishing remains a common and effective tactic used by cybercriminals. In this context, attackers send emails that appear to be from well-known companies, prompting candidates to click on links or download attachments. These actions lead to credential theft or malware installation on the victim’s device.

Example: A job seeker receives an email requesting them to log into a portal to schedule an interview. The email looks legitimate, featuring company branding and professional language. However, the link directs them to a fake website designed to capture their login credentials or personal information. Such phishing attempts can compromise not only the individual’s data but also any connected accounts, leading to broader security breaches.

Practical Tips for HR Professionals

Implement Rigorous Verification Processes

Thorough Background Checks: Go beyond standard reference checks. Verify educational qualifications, certifications and previous employment using trusted third-party services. Contact previous employers using official contact information found independently, rather than relying solely on details provided by the candidate.

Digital Footprint Analysis: Examine candidates’ online presence across professional networking sites to identify inconsistencies or red flags. Cross-reference resume details with LinkedIn profiles and look for endorsements or connections that validate the candidate’s history.

Secure Recruitment Platforms

Use Official Communication Channels: Ensure all recruitment communications are conducted through company email domains and secure applicant tracking systems. Educate HR staff to avoid using personal emails for professional correspondence and to be wary of unsolicited applications from unknown sources.

Regular Security Audits: Work with IT departments to assess the security of recruitment software and platforms regularly. Implement multi-factor authentication and encryption where possible to protect sensitive data.

Educate HR Staff on Cybersecurity

Training Programs: Conduct regular cybersecurity training focused on the latest threats targeting HR functions. Include modules on recognizing phishing emails, suspicious attachments and social engineering tactics.

Promote a Culture of Vigilance: Encourage staff to report any suspicious activities without fear of reprimand. Establish clear protocols for reporting and responding to potential security incidents.

Collaborate with IT and Cybersecurity Teams

Integrated Security Measures: Develop joint strategies with IT to secure the recruitment process end-to-end. Schedule regular meetings between HR and IT to discuss emerging threats and update security practices accordingly.

Access Controls for New Hires: Implement a phased approach to granting system access to new employees, starting with minimal privileges. Use role-based access control to ensure employees have access only to the resources necessary for their job functions.

Utilize Advanced Security Tools

Malware Detection Software: Invest in advanced antivirus and anti-malware solutions that scan all incoming emails and attachments. Enable automatic scanning of documents in a sandbox environment before they reach HR personnel.

Behavioral Analytics: Deploy systems that monitor user behavior for anomalies, particularly among new hires. Set up alerts for unusual activities, such as large data transfers or access attempts outside of normal working hours.

Protecting Job Seekers from Cyber Threats

Advice for HR Professionals

Transparent Communication: Clearly outline the hiring process on the company’s official website, including the email domains used for correspondence. Provide candidates with contact information to verify the legitimacy of job offers and recruitment communications.

Public Awareness Campaigns: Use social media and professional networks to inform potential applicants about known scams and how to avoid them. Publish articles or posts warning about common fraud tactics and offering guidance.

Advice for Job Seekers

Verify Job Postings and Communications: Cross-check job listings on the company’s official website and be cautious of unsolicited offers. If in doubt, contact the company’s HR department directly using information from the official website.

Protect Personal Information: Avoid sharing sensitive data such as Social Security numbers or bank details until it is legally required and through secure channels. Be skeptical of requests for upfront payments or personal information early in the recruitment process.

Stay Alert to Red Flags: Be wary of poor grammar, generic salutations and inconsistencies in communications purportedly from reputable companies. Trust your instincts; if something feels off, investigate further before proceeding.

The Dual Responsibility: A Collaborative Effort

For Companies

Organizations must acknowledge that cybersecurity is a shared responsibility. By fostering collaboration between HR and IT, companies can develop robust defenses against recruitment-related cyber threats. Integrating cybersecurity considerations into HR policies and procedures is essential. This means embedding security checkpoints throughout the hiring process, from application to onboarding. Providing HR teams with tools and training empowers them to detect and prevent cyber-attacks effectively. Investing in security software and regular training sessions ensures that HR professionals are equipped to recognize and respond to threats.

For HR Professionals

As gatekeepers of talent, HR professionals play a crucial role in safeguarding the organization. Staying informed and vigilant is paramount to reducing the risk of security breaches. Continuous education on the latest cyber threats and best practices in recruitment security enables HR teams to stay ahead of attackers. Encouraging open communication within the team about threats and suspicious activities fosters a proactive security culture.

For Job Seekers

Job seekers must also take responsibility for their cybersecurity. Awareness and caution are vital in preventing scams that could have long-term consequences. Educating themselves about common job search scams and learning how to identify red flags can significantly reduce their risk. Conducting due diligence by researching companies and verifying opportunities before engaging deeply in the application process ensures that they are interacting with legitimate employers.

Act Now

The evolving tactics of cybercriminals underscore the urgent need for enhanced security in the hiring process. Both companies and job seekers are targets, and the consequences of complacency can be severe.

For organizations, integrating cybersecurity into HR practices a defensive and strategic imperative. HR professionals must be equipped with the knowledge and tools to identify and counteract threats. Similarly, job seekers should approach opportunities with a healthy degree of skepticism.

By fostering a collaborative approach and prioritizing education and vigilance, we can strengthen the defenses of our organizations and protect individuals from cyber threats. The responsibility is shared, and the time to act is now.

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Forecasting Beyond the Clouds: How GovCons Can Plan for a Bright Future by Tracking the Right Metrics

Posted on Apr 30, 2024

Forecasting Beyond the Clouds: How GovCons Can Plan for a Bright Future by Tracking the Right Metrics

Small and medium businesses (SMBs), defined as those with under $25 million in annual revenue, are the economic backbone on which our nation depends. Every state in the union and members of every community have a vested interest in and depend on the success of small and medium businesses. To plan for success, businesses utilize forecasting. Forecasting employs past data to make educated predictions about future trends. Companies use this method to decide on budget allocation or prepare for expected costs in upcoming periods, usually influenced by the anticipated demand for their products and services.

How important is forecasting for SMBs to our nation’s overall economic health and security? Very. This is emphasized further when the focus is narrowed to GovCon SMBs. Their success- or failure- is shared and felt among our nation’s citizens. 

“Above all, the forecaster’s task is to map uncertainty, for in a world where our actions in the present influence the future, uncertainty is opportunity.” Paul Saffo 

Events over the last several years have allowed ample opportunity for business managers and executives to navigate uncertainty. Indeed, even the concept of certainty seems quaint among GovCons when the US has lost 30% of its defense industrial base (DIB) over the last 10 years, as shared by Isabella Guzman, administrator for the U.S. Small Business Administration (SBA). Forecasting for non-GovCons may include Sales Revenue, Cost of Goods Sold (COGS), Gross Margin, Operating Expenses, Interest and Tax Expenses, Capital Expenditures, Inventory Levels, Accounts Receivable and Payable, Cash Flow, Market Trends and Economic Conditions, Workforce Needs, New Projects and Investments, Break-even and Risk Analysis.

There are abundant challenges for GovCons to consider when forecasting in addition to the lengthy list above that are unique to them due to specific operational, regulatory, and financial environments:

Regulatory Compliance and Changes: GovCons must anticipate and plan for changes in government regulations, which can affect everything from contract bidding to execution. 

Budget Cycles and Funding Fluctuations: Government budgets are subject to political processes and fiscal cycles, leading to fluctuations in funding availability. They must have an understanding of the government’s budgeting process, the timing of appropriations and the (frustrating) potential for shutdowns.

Contract Types and Payment Schedules: GovCons deal with a variety of contract types (e.g., fixed-price, cost-reimbursement, time-and-materials) each with its own financial and performance risks. Forecasting must account for the specifics of these contracts, including payment schedules, performance milestones, and risk of adjustments.

Bid and Proposal Efforts: Forecasting in GovCons must include the costs and timelines associated with preparing bids and proposals, as well as the probability of winning contracts. 

Long-term Contracts and Lifecycle Management: Many government contracts are for long-term projects that can span several years. Forecasting needs to account for the lifecycle management of these contracts, including potential modifications, maintenance, and operational support.

Security Clearances and Classified Work: Projects requiring security clearances or involving classified information add layers of complexity to forecasting. This includes considerations for personnel clearances, secure facilities, and IT infrastructure.

Public-Private Partnerships and Joint Ventures: GovCons often engage in public-private partnerships or form joint ventures to pursue contracts. Forecasting must consider the dynamics and obligations of these partnerships, including shared risks and revenues.

Market and Political Environment: The demand for government contracting services can be influenced by political priorities, geopolitical events, and changes in policy. Forecasting in this sector requires a deep understanding of these external factors and their potential impact on contract opportunities.

Technology Adoption and Innovation Cycles: Government contracts may involve cutting-edge technology or require adherence to specific technical standards. Forecasting must factor in the costs and timelines for research and development, technology adoption, and potential innovation cycles.

Don’t Miss the Shifts 

Are there additional critical areas that GovCon’s should track into the future for their businesses to succeed in a climate of such uncertainty for sake of national security? Yes. As a business that provides compliance, information technology, and business consulting, we have insight into some areas that should be tracked now by GovCons that are often missed.

Survey Says: GovCons are Up at Night

In truth, executives are kept up at night by several issues regarding their companies that are unique to GovCon businesses. The GAUGE 2023 Report, by Unanet and CohnReznick, gathers information from 1,180 survey responses from a variety of government contracting professionals. 60% of respondents were in a C-Suite or Controller role, and more than half of the respondents were small and mid-sized businesses.

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Tech Buying in COVID: Hurry up and Wait

Posted on Nov 11, 2021

Tech Buying in COVID: Hurry up and Wait

I admit it- I am spoiled by Amazon. While I purchase locally when I can (Instacart, Grubhub, Doordash, Shipt, and such when I cannot go out in person) I also appreciate being able to procure a hard-to-find item and have it delivered in sometimes only a few hours. 

Other industries that compete with Amazon have worked hard in recent years to catch up with the fleet-footed fleet of smiling vans. All companies on the fulfillment- side of the tech supply chain are suffering since the advent of COVID-19, and so are the hope and dreams of all would-be technology buyers. Since the shutdowns of 2020, our clients have seen radical changes to how quickly machines arrive at their offices: what may have taken at most a week to fulfill now can take multiple months to deliver. Ouch.  

Large scale organizations with immense buying power are even having trouble obtaining the technology items they need- the bottleneck at manufacturers has yet to move. What is the strategy for small and midsized businesses to procure laptops, docking stations, monitors, and, well, anything with a chip so they can keep working? We have a few thoughts. 

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Mandate MFA for your organization

Posted on Apr 27, 2021

Mandate MFA for your organization

The US Government is urging organizations to mandate MFA (Multi-factor Authentication) to protect against threat activity by Russia’s Foreign Intelligence Service (SVR). The FBI, the Department of Homeland Security (DHS), and the Cybersecurity & Infrastructure Security Agency (CISA) have put out a special joint advisory warning government agencies, information technology companies and other policy analysis groups to prepare for against attacks from APT29, a threat group that they describe as working for the SVR. This notice comes on the heels of the Biden administration’s formal attribution of the SolarWinds attack and targeted attacks on COVID-19 research facilities to SVR.

MNS Group advises organizations to implement MFA as an integral part of a unified cybersecurity program. The increase in complexity and sophistication of cyber-attacks on businesses and organizations of all sizes warrants the analysis and expansion of cybersecurity policy to mandate MFA as a bare minimum. If you are curious about ways to implement MFA into your programing, join us on May 27 or June 22 in our Security Basics Webinar series, MFA: The Biggest Bang for your Security Buck. Sign up today.

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Secur-ish: The Continuing Evolution of MFA

Posted on Dec 14, 2020

Secur-ish: The Continuing Evolution of MFA

Multi-Factor Authentication (MFA) is a security feature offered by many websites, applications and devices that dramatically improves account security by requiring multiple pieces of evidence (your credentials) when logging into an account. There are three main categories of credentials: something you know, like a password or pin number, something you have, like a security token, verification text, call or email, or something you are, like your fingerprint, your voice or your face. Using our wall metaphor again, MFA is like having a second and third very high, slick wall. All good, right? Safe and secure! Or maybe not…

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