External Threats: The Definitive Guide to Detection and Remediation - Flare (2024)

External Threats: The Definitive Guide to Detection and Remediation - Flare (1)

Every new technology that enables your business also gives threat actors new ways to attack your organization. As your attack surface expands, you can feel overwhelmed trying to mitigate every possible external threat. Today’s external attack surface goes beyond internet ports and web server services, encompassing everything from leaded IT information and credentials to misconfigured cloud services and external source code repositories.

When you understand the types of external threats placing your organization at risk, you can implement more effective proactive mitigation strategies.

What are External Threats?

External threats arise from malicious actors outside an organization who attempt to gain unauthorized access to networks, systems, and sensitive data. Typically, they use system vulnerabilities to gain initial access then give themselves additional privileges so that they can achieve their objectives.

External cybersecurity threats fall into three basic categories:

  • Malware, like ransomware
  • Hacking, like Distributed Denial of Service (DDoS) attacks
  • Social engineering, like phishing

To mitigate data security risks, organizations should implement proactive monitoring strategies that enable them to detect and respond to these types of incidents.

Types of External Threats

When you understand the specific external threats within each category, you can build a focused data protection program.

Malware

Malicious code, or malware, is software that threat actors install on devices so that they can collect sensitive data. Once infected with the malicious software, the computer or device can spread the malware across the network.

Virus

A virus is a malicious software that infects a device then spreads across the network. Typically delivered through email attachments, computer viruses infect a device’s files, altering how the device works. While antivirus software is one risk mitigation technique, modern viruses can evade detections so security teams need to look for device and network service issues, too.

Ransomware

Ransomware is a type of virus that encrypts files and storage devices, making them unusable to anyone without the decryption key. Modern ransomware attacks also steal sensitive data. The malicious actors demand that the victim company pay them money, essentially holding the decryption key and stolen information hostage.

In some cases, malicious actors use a ransomware attack to distract security teams as part of a larger advanced persistent threat.

Social Engineering

Social engineering uses people’s emotions to trick them into taking an action that’s against their best interests.

Phishing

A phishing attack is when cybercriminals send users a fake email that asks them to take an action, typically clicking on a link or downloading a document. The link or attachment delivers malware or steals user login information. Spear phishing, whaling, and business email compromise are types of phishing attacks that take specialized approaches to the process.

Pretexting

When engaging in a pretexting attack, malicious actors use open source intelligence (OSINT) about their victims to build their trust. For example, they might pretend to be a newly hired executive, a member of the IT team, or someone from human resources. With the fake identity, the victim trusts the cybercriminal who seemingly has inside knowledge about the organization.

Watering Hole Attacks

These attacks target a group of users, like people working in a specific industry. Cybercriminals compromise a website that they know the group frequents so that they can steal credentials or deposit malware on devices.

Hacking

Hacking is when threat actors exploit vulnerabilities to gain unauthorized access to systems.

Distributed Denial of Service (DDoS) Attack

In a DDoS attack, malicious actors send high volumes of requests to an IP address, overloading the service to cause an outage. Often, cybercriminals use a botnet, or collection of internet-connected devices, to perpetrate their attack. However, they can also download tools from the dark web to carry out the attacks.

Session Hijacking

When cybercriminals passively monitor a network, they can steal a user’s session ID, a unique number that identifies the person while they’re using a web application. The malicious actor tricks the application server by posing as the digital version of the legitimate user. One way that malicious actors steal the session ID is through a misconfiguration that enables attackers to engage in a cross-site scripting (XSS) attack.

Man-in-the-Middle Attack

In this eavesdropping attack, malicious actors change or steal data transmitted across public wireless network connections. Typically, the attackers exploit an application vulnerability, like a secure sockets layer (SSL) misconfiguration.

Brute Force Attack

When cybercriminals engage in a brute force attack, they try to gain unauthorized access to systems and networks with stolen credentials. Typically, they purchase the credentials on the dark web. For example, in the aftermath of a data breach, malicious actors sell combo lists, a collection of compromised usernames and associated passwords.

Types of External Threat Actors

While all threat actors pose cybersecurity and privacy risks, they come in different flavors, like ice cream. Some common varieties include:

  • Organized crime: financially motivated with varying levels of sophistication and skill
  • Nation-state actors: funded by governments to engage in sabotage or espionage with sophisticated skill sets
  • Cyber terrorists: politically motivated with varying levels of sophistication and skill
  • Hacktivists: philosophically motivated to disrupt operations with varying levels of sophistication and skill
  • Thrill-seekers: internally motivated with varying levels of sophistication and skill

How to Protect Against External Threats

Protecting your organization against external threats requires a defense-in-depth approach to security.

As you mature your security posture, you should consider the following activities that mitigate external threat risks:

  • Endpoint Detection and Response (EDR): detect abnormal endpoint activity and automate responses to mitigate risks arising from things like ransomware and malware
  • Vulnerability scanning and patch management: monitor for known vulnerabilities across all devices connected to networks and install security updates
  • Cyber awareness training: provide employees training opportunities so that they can detect and report phishing attempts
  • Encryption: encrypt data-at-rest and data-in-transit to prevent cybercriminals from using data that they steal
  • Dark web monitoring: scan the dark web and illicit Telegram channels to identify leaked credentials and targeted threats

Flare: External Attack Surface Management and Dark Web Monitoring

With Flare, you can take control over your expanded digital footprint and automate your dark web monitoring. By combining these activities, you can implement a proactive security program that mitigates external threat risk.

Flare’s platform enables you to map your organization’s external attack surface to identify new attack vectors, reducing malicious actors’ ability to use your IT environment against you. Simultaneously, our platform’s automated dark web monitoring enables your security team to incorporate threat intelligence into their alerts to reduce noise and prioritize response activities.

Try a free trial and get started in just 15 minutes.

External Threats: The Definitive Guide to Detection and Remediation - Flare (2024)

FAQs

What is an example of an external threat? ›

An external threat refers to any potential danger or risk that originates from outside an organization. These threats can come in various forms, such as cyberattacks, natural disasters, economic downturns, or even competitors trying to undermine the success of a business.

What are the 4 types of threats? ›

Threats can be classified in four categories: direct, indirect, veiled, or conditional.

What are key external threats? ›

Examples of external threats include new and existing regulations, new and existing competitors, new technologies that may make your products or services obsolete, unstable political and legal systems in foreign markets, and economic downturns.

How do you identify external threats? ›

Identify threats by examining competitive landscapes, regulatory changes, and economic conditions. SWOT helps pinpoint areas where a company can leverage external factors to its advantage (opportunities) and anticipate challenges it may face (threats).

What are the 3 most common security threats? ›

Malware. Ransomware. Distributed denial of service (DDoS) attacks.

What are the three most common security threats? ›

Malware, including viruses, ransomware, and spyware, poses a significant threat to home users, capable of causing data loss, financial theft, and system damage.

What are the 7 types of cyber security threats? ›

Types of cyberthreats
  • Malware. ...
  • Social engineering and phishing. ...
  • Man-in-the-Middle (MITM) attack. ...
  • Denial-of-Service (DoS) attack. ...
  • Zero-day exploits. ...
  • Password attack. ...
  • Internet of things (IOT) attack. ...
  • Injection Attacks.
Sep 1, 2023

What is the most common type of security threat? ›

Malware is the most common type of cyberattack, mostly because this term encompasses many subsets such as ransomware, trojans, spyware, viruses, worms, keyloggers, bots, cryptojacking, and any other type of malware attack that leverages software in a malicious way.

What are examples of threats? ›

Threats
  • Rising material costs.
  • Increasing competition.
  • Tight labor supply.
  • Failure to get approvals.
  • Legal/regulatory issues.
  • Supply chain breakdowns.
  • Weather/natural disasters.
Sep 22, 2022

What is considered a threat? ›

A threat is a communication of intent to inflict harm or loss on another person. Intimidation is a tactic used between conflicting parties to make the other timid or psychologically insecure for coercion or control.

What is an external threat in computer? ›

Definitions: An unauthorized entity outside the security domain that has the potential to harm an information system through destruction, disclosure, modification of data, and/or denial of service.

What is external vs internal threats in cyber security? ›

Defining Internal and External Threats:

For example, data breaches caused by employees mishandling sensitive information or unauthorized access to confidential data can be considered internal threats. On the other hand, external threats are risks that arise from outside the organization.

How can you prevent external threats? ›

There are various security measures you can use to protect your organization from external threats. These measures include firewalls, intrusion detection systems, and encryption. By using these security measures, you can make it more difficult for hackers to gain access to your data and for viruses to spread.

What is an example of an external threat in SWOT analysis? ›

Examples include:
  • Rising material costs.
  • Increasing competition.
  • Tight labor supply.
  • Failure to get approvals.
  • Legal/regulatory issues.
  • Supply chain breakdowns.
  • Weather/natural disasters.
Sep 22, 2022

What is an example of an internal and external threat? ›

Defining Internal and External Threats:

For example, data breaches caused by employees mishandling sensitive information or unauthorized access to confidential data can be considered internal threats. On the other hand, external threats are risks that arise from outside the organization.

What is an example of external opportunities and external threats? ›

For example, an external opportunity could be a new customer segment, a new product innovation, or a favorable policy change. An external threat could be a new competitor, a price war, or a negative public opinion.

Are threats external factors? ›

Threats in a SWOT analysis are external factors that may produce a negative impact on an organization. Businesses often have limited control over such factors, but they can create systems for managing them, should they arise.

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