AI Can Help Fight Coronavirus Cyber Crime

Interpol has produced a new report on Covid-19 related cyber crime which indicates that over sixty percent of EU member countries had witnessed a massive increase in malicious domains registered with the keywords’ COVID or ‘Corona.’  These sites are aiming to take advantage of the growing number of people searching for information about COVID-19 online. 
 
During COVID-19, cyber criminals have exploited the Internet in the disguise of providing help and information.  In the fight against these challenging problems, both Artificial intelligence (AI) and machine learning (ML) have a role to play and can help to solve a wide range of cyber security problems in different industries. 
 
AI is extremely good at attempting to mimic human intelligence. While it is still far beyond replacing humans’ cognitive thinking, it is proficient at finding anomalies and irregularities and reducing errors and faults in the operational tasks. ML can analyse the data from the past and evaluate the use cases for the future and these processes that can help identify possible cyber-crimes and take proactive preventive measures. 
 
  • AI establishes a baseline of behavior and it can flag it and take action, whether that’s sending a notification to a technician or even reverting to a safe state after a ransomware attack. 
  • ML algorithms can also help detect and remove outliers from training data sets to address the data poisoning attacks. AI-based risk management systems can be used to identify changes in those methods and to determine password patterns of explicit customer behavior. 
Unfortunately, there is a high probability that criminal attackers can weaponise AI and ML tools and automate them  to boost the effectiveness of their attacks
 
There are many ways AI and ML can be leveraged to fight cybersecurity issues. However, it is always better to define what kind of threats one wants to address using these technologies. 
 
The key findings by the Interpol concerning the cyber-crime landscape in relation to the Covid-19 crisi include:- 

Online Scams and Phishing - Threat actors have revised their usual online scams and phishing schemes. By deploying COVID-19 themed phishing emails, often impersonating government and health authorities, cyber criminals entice victims into providing their personal data and downloading malicious content. 

Around two-thirds of member countries which responded to the global cyber crime survey reported a significant use of COVID-19 themes for phishing and online fraud since the outbreak.
 
Disruptive Malware (Ransomware and DDoS) – Cyber criminals are increasingly using disruptive malware against critical infrastructure and healthcare institutions, due to the potential for high impact and financial benefit. 
In the first two weeks of April 2020, there was a spike in ransomware attacks by multiple threat groups which had been relatively dormant for the past few months. 
 
Law enforcement investigations show the majority of attackers estimated quite accurately the maximum amount of ransom they could demand from targeted organisations.
 
Data Harvesting Malware - The deployment of data harvesting malware such as Remote Access Trojan, info stealers, spyware and banking Trojans by cyber criminals is on the rise. Using Covid-19 related information as a lure, threat actors infiltrate systems to compromise networks, steal data, divert money and build botnets.
 
Malicious Domains - Taking advantage of the increased demand for medical supplies and information on Covid-19, there has been a significant increase of cyber criminals registering domain names containing keywords, such as “coronavirus” or “Covid”. 
 
These fraudulent websites underpin a wide variety of malicious activities including C2 servers, malware deployment and phishing. From February to March 2020, a 569 per cent growth in malicious registrations, including malware and phishing and a 788 per cent growth in high-risk registrations were detected and reported to Interpol by a private sector partner.
 
Misinformation - An increasing amount of misinformation and fake news is spreading rapidly among the public. Unverified information, inadequately understood threats, and conspiracy theories have contributed to anxiety in communities and in some cases facilitated the execution of cyber-attacks.
 
Nearly 30 per cent of countries which responded to the global cyber crime survey confirmed the circulation of false information related to Covid-19. Within a one-month period, one country reported 290 postings with the majority containing concealed malware. There are also reports of mis-information being linked to the illegal trade of fraudulent medical commodities.
 
Other cases of misinformation involved scams via mobile text-messages containing 'too good to be true' offers such as free food, special benefits, or large discounts in supermarkets.
 
Interpol:      Cap Gemini:          Analytics Insight:   
 
You Might Also Read: 
 
The Impact Of Artificial Intelligence On Cyber Security:
 
 
« Lockdown: Half Of Organisations Are Having Cyber Security Problems
Is Big Tech 'Fixing' The US Election? »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Cyber Security Supplier Directory

Cyber Security Supplier Directory

Our Supplier Directory lists 6,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

Resecurity, Inc.

Resecurity, Inc.

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

InfoSec World

InfoSec World

InfoSec World conference and expo covers all aspects of information security with a broad agenda of sessions on key security issues.

Hodgson Russ

Hodgson Russ

Hodgson Russ is a US business law firm. Practice areas include Privacy, Data Breach & Cybersecurity.

Apicrypt

Apicrypt

Apicrypt enables secure communications between health professionals by using strong encryption technologies.

Combitech

Combitech

Combitech is the Nordic region’s leading cyber security consultancy firm, with about 260 certified security consultants helping companies and authorities prevent and manage cyber threats.

ID Experts

ID Experts

ID Experts is a leading provider of identity protection and data breach services for companies and individuals throughout the USA.

Synack

Synack

Synack provides a hacker-powered intelligence platform that uncovers security vulnerabilities that often remain undetected by traditional pen testers and scanners.

Caulis

Caulis

Caulis FraudAlert is a cyber security solution. It can detect fraud and identity theft based on users’ online behaviour.

IMQ Group

IMQ Group

IMQ is one of Europe’s top players in the field of conformity assessment. We offer certification services to support all the major sectors of the manufacturing and service industries.

Ermetic

Ermetic

Ermetic’s identity-first cloud infrastructure security platform provides holistic, multi-cloud protection in an easy-to-deploy SaaS solution.

Picnic

Picnic

Picnic is a gritty, pioneering team of intelligence and cybersecurity specialists focused on solving the security challenge of our time - social engineering.

Apono

Apono

Apono enables DevOps and security teams to manage access to sensitive cloud assets and data repositories in a frictionless and compliant way.

Gulf Business Machines (GBM)

Gulf Business Machines (GBM)

GBM is a leading end-to-end digital solutions provider, offering the broadest portfolio, including industry-leading digital infrastructure, digital business solutions, security and services.

Cybalt

Cybalt

Cybalt is a security services company that provides end-to-end security solutions to help clients achieve their business goals.

DIGISOC

DIGISOC

DIGISOC, a leader in Latin America in Cybersecurity solutions, combines machine learning with human intelligence to be effective in detecting cyber threats.

Two99

Two99

Two99 provide tailored excellence in the areas of E-Commerce, Marketing, Consulting, and Cyber Security.

Sensity

Sensity

Sensity is a company that offers an AI-driven solution to detect and verify deepfakes and other forms of identity fraud.