{"id":9884,"date":"2021-04-15T09:05:53","date_gmt":"2021-04-15T13:05:53","guid":{"rendered":"https:\/\/www.cscdbs.com\/blog\/?p=9884"},"modified":"2021-11-09T13:58:32","modified_gmt":"2021-11-09T18:58:32","slug":"80-percent-companies-are-at-risk-for-cyber-attacks","status":"publish","type":"post","link":"https:\/\/www.cscdbs.com\/blog\/80-percent-companies-are-at-risk-for-cyber-attacks\/","title":{"rendered":"New Research Indicates Nearly 80 Percent of Top U.S. Energy Companies Are at Serious Risk for Cyber Attacks"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.cscdbs.com\/blog\/wp-content\/uploads\/2021\/04\/blogpost_Master_Template-Recovered-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.cscdbs.com\/blog\/wp-content\/uploads\/2021\/04\/blogpost_Master_Template-Recovered-1-1024x536.jpg\" alt=\"\" class=\"wp-image-9890\" srcset=\"https:\/\/cscwebcontentstorage.blob.core.windows.net\/cscmarketing-cscdbs-media\/uploads\/2021\/04\/blogpost_Master_Template-Recovered-1-1024x536.jpg 1024w, https:\/\/cscwebcontentstorage.blob.core.windows.net\/cscmarketing-cscdbs-media\/uploads\/2021\/04\/blogpost_Master_Template-Recovered-1-300x157.jpg 300w, https:\/\/cscwebcontentstorage.blob.core.windows.net\/cscmarketing-cscdbs-media\/uploads\/2021\/04\/blogpost_Master_Template-Recovered-1-768x402.jpg 768w, https:\/\/cscwebcontentstorage.blob.core.windows.net\/cscmarketing-cscdbs-media\/uploads\/2021\/04\/blogpost_Master_Template-Recovered-1.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>By Vin D\u2019Angelo, Quinn Taggart, and Sue Watts  <span style=\"padding-left:85px\"><strong>Share this post <\/strong><\/span>  <a class=\"social\" id=\"linkedinShare\" href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=\"><img decoding=\"async\" src=\"\/blog\/wp-content\/uploads\/2019\/06\/LinkedIn18x20.png\" style=\"padding-left:5px\"\/><\/a> <a class=\"social\" id=\"twitterShare\" href=\"https:\/\/twitter.com\/intent\/tweet?url=\"><img decoding=\"async\" src=\"\/blog\/wp-content\/uploads\/2019\/06\/Twitter18x20.png\"\/><\/a> <a class=\"social\" id=\"facebookShare\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=\"><img decoding=\"async\" src=\"\/blog\/wp-content\/uploads\/2019\/06\/Facebook18x20.png\"\/><\/a><\/p>\n\n\n\n<p>In light of the Biden administration\u2019s recent efforts in protecting critical infrastructure from cyber threats, new research from CSC indicates that a majority of the top energy companies* in the U.S. are vulnerable to attack due to shortcomings in their online operations. Specifically, these organizations are vulnerable to domain name and domain name system (DNS) hijacking and phishing attacks based on their lack of effective domain security.<\/p>\n\n\n\n<p>Highlights of CSC\u2019s research on these top energy companies indicates:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><span style=\"color:#003b5c\" class=\"has-inline-color\">Nearly 80%<\/span><\/strong>&nbsp; are not using<span style=\"color:#003b5c\" class=\"has-inline-color\"> <strong>registry locks<\/strong><\/span><\/td><td><span style=\"color:#003b5c\" class=\"has-inline-color\"><strong>67%<\/strong>&nbsp;<\/span> are registered with<span style=\"color:#003b5c\" class=\"has-inline-color\"> <strong>consumer-grade domain registrars<\/strong><\/span> (vs enterprise-grade registrars)<\/td><td>Only <strong><span style=\"color:#003b5c\" class=\"has-inline-color\">17%<\/span><\/strong> use <strong><span style=\"color:#003b5c\" class=\"has-inline-color\">DNS hosting redundancy<\/span><\/strong> &nbsp;<\/td><td>Only <strong><span style=\"color:#003b5c\" class=\"has-inline-color\">3%<\/span><\/strong> use<span style=\"color:#003b5c\" class=\"has-inline-color\"> <strong>DNS security extensions (DNSSEC)<\/strong><\/span><\/td><td><strong><span style=\"color:#003b5c\" class=\"has-inline-color\">73%<\/span><\/strong> of companies use<span style=\"color:#003b5c\" class=\"has-inline-color\"> <strong>Domain-based message authentication, reporting, and conformance (DMARC)<\/strong><\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>This analysis was conducted on the 30 largest US companies by market capitalization that produce and deliver energy in the US. With that being said, the findings are consistent with the domain security posture of 90+ global \u201cenergy\u201d companies that are part of <a href=\"https:\/\/www.cscdbs.com\/assets\/pdfs\/Domain-Security-Report-2020-June_EN.pdf\">CSC\u2019s Forbes Global 2000 report<\/a>.<\/p>\n\n\n\n<p>Each of the security measures listed above are industry best practices that help mitigate against cyber attacks, and they\u2019re part of CSC\u2019s defense in depth approach. Threats of not deploying these security measures include:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.cscdbs.com\/blog\/wp-content\/uploads\/2021\/04\/image.png\"><img loading=\"lazy\" decoding=\"async\" width=\"513\" height=\"436\" src=\"https:\/\/www.cscdbs.com\/blog\/wp-content\/uploads\/2021\/04\/image.png\" alt=\"\" class=\"wp-image-9885\" srcset=\"https:\/\/cscwebcontentstorage.blob.core.windows.net\/cscmarketing-cscdbs-media\/uploads\/2021\/04\/image.png 513w, https:\/\/cscwebcontentstorage.blob.core.windows.net\/cscmarketing-cscdbs-media\/uploads\/2021\/04\/image-300x255.png 300w\" sizes=\"auto, (max-width: 513px) 100vw, 513px\" \/><\/a><\/figure>\n\n\n\n<p>At CSC, we talk about locking your vital domains as being your first\u2014and best\u2014line of defense. Only 17% of these utility companies are leveraging tools like a registry lock, which leaves the rest vulnerable to social engineering, unauthorized DNS changes, and domain name hijacking.<\/p>\n\n\n\n<p>In addition, 67% of these companies are relying on consumer-quality practices for securing their web domains, which puts them at exponential risk for some of today\u2019s most common cyber threats. Companies need to understand how their choice of provider fits into decisions made about their organization\u2019s overall cyber security posture, along with concerns about IP infringement and trademark law. When it comes to the domain ecosystem, choice of domain registrar can affect colleagues responsible for cyber security and IT, as well as legal (general counsel), risk, and compliance (chief risk officer)\u2014because it has a major impact on cyber security, phishing attacks and online fraud, and brand abuse.<\/p>\n\n\n\n<p>To manage a domain name portfolio, company\u2019s need to work with a provider that has invested in protecting its own systems. With all of the cyber security threats today, not only does a good domain name registrar need to have the right technology\u2014to protect itself and client companies from a data breach\u2014but it also needs best-in-class operations practices that put security at the forefront of its mission, and in how it engages with its clients.<\/p>\n\n\n\n<p>An enterprise-level registrar should have ISO 27001 accredited data centers, SOC 2<sup>\u00ae<\/sup> compliance, third-party penetration and vulnerability testing. They should conduct regular security tests, including SQL injection and cross-site scripting (XSS). They should also be Internet Corporation for Assigned Names and Number (ICANN) and country-code top-level domain (cctld) registry accredited. A registrar that\u2019s qualified to serve an enterprise will offer a full accounting of all domains, DNS, and digital certificate providers. It should provide 24\/7\/365 support along with cyber security training for its staff, including phishing and social engineering awareness. It\u2019s also important for an enterprise-class registrar to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Mandate written requests (never via phone)<\/li><li>Be data and General Data Protection Regulation compliant (e.g., WHOIS practices)<\/li><li>Have a registry transfer-lock policy<\/li><\/ul>\n\n\n\n<p>Looking at CSC\u2019s research, only 17% of the energy companies have DNS hosting redundancy, and the lack of this security measure makes them more susceptible to DNS vulnerabilities or a costly distributed denial of service (DDoS) attack. DNSSEC is another proven mitigation tool for DNS threats, as it protects organizations from cache poisoning, but it also has very low use at just 3%. DMARC use is optimistically high, and with the growth and damage done by phishing attacks today, this is a good sign. As the Biden administration takes a closer look at the security around major utilities, it\u2019s imperative that these organizations reassess their approaches to securing their domain security ecosystem to follow enterprise-class strategies for more effective security. All of these security measures will have an immediate effect on cyber risk at these energy companies, and will help mitigate the prospect of attacks that can lead to network breaches, system outages, and nefarious actions by bad actors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In light of the Biden administration\u2019s recent efforts in protecting critical infrastructure from cyber threats, new research from CSC indicates that a majority of the top energy companies* in the U.S. are vulnerable to attack due to shortcomings in their online operations. <\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[548,521],"tags":[],"class_list":["post-9884","post","type-post","status-publish","format-standard","hentry","category-domain-security","category-send-email"],"acf":[],"yoast_head":"<!-- This site is optimized with 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