Indian Vice President Dhankhar Calls for Regulation of Information to Combat Fake News

Introduction

The insurance industry is a target for cybercriminals due to the sensitive nature of the information it holds. This makes it essential for insurance companies to have robust cybersecurity measures to protect their data and customers’ personal information.

Cyber fraud in India’s insurance industry is increasing. It is reported that the Indian insurance sector has witnessed a surge in cyber-attacks, with several instances of data breaches, identity thefts, and financial fraud being reported. These cybercrimes not only pose a significant threat to the financial stability of the insurance industry but also to the privacy and security of policyholders.

Cyber Frauds in the Insurance Industry

The insurance industry in India has been the target of increasing cyber fraud in recent years. With the growing digital transformation trend, insurance companies have become increasingly vulnerable to cyber-attacks. Cyber frauds in the insurance industry are initiated by hackers who use various techniques such as phishing, malware, ransomware, and social engineering to gain unauthorised access to policyholders’ personal data and sensitive information

Kinds of cyber frauds in the insurance industry

It is essential for insurers and policyholders alike to be aware of these kinds of cyber-attacks on insurance companies in today’s digital age. Staying educated about these threats can help prevent them from happening in the future.

Identity theft– One common type of cyber fraud that occurs in the insurance industry is identity theft. In this type of fraud, criminals steal personal information such as name, address, date of birth and social security numbers through phishing emails or fraudulent websites. They then use this information to open fraudulent policies or access existing ones.

Payment fraud- Another type of cyber fraud that is on the rise is payment fraud. In this type of fraud, hackers intercept electronic payments made by policyholders or agents using fake bank accounts or compromised payment gateways. The money is then siphoned into untraceable accounts, making it difficult for law enforcement agencies to identify and arrest the perpetrators.

Phishing attacks- Where the fraudsters posed as company officials and sent emails to policyholders requesting their account details. The unsuspecting customers fell for this scam and shared their sensitive information, which was then used to access their accounts and steal funds.

Hacking- Where hackers breach the company’s system to gain access to policyholder data. The hackers’ stoles personal records, including names, addresses, phone numbers, social security numbers, and financial information, which they later sell on the dark web.

Fake policies scam- Fraudsters create fake policies using stolen identities and collect premiums from innocent customers. The insurer then voided these policies due to fraudulent activity leaving those people without valid coverage when they needed it most. The victims suffer significant financial losses due to this scam.

Fake Insurance Websites- Discuss the creation of deceptive websites that imitate well-known insurance companies, where unsuspecting individuals provide their personal details, leading to identity theft or financial losses.

Prevention of Cyber Frauds in the Insurance Industry- Best practices to follow

Prevention is better than cure, which also holds true in the case of cyber fraud in the insurance industry. The industry must take proactive steps to prevent such frauds from occurring in the first place. One of the most effective ways to do so is by investing in cybersecurity measures that are specifically designed for the insurance sector.

Insurance companies must conduct regular employee training programs on cybersecurity best practices. This includes educating employees on how to identify and avoid phishing emails, create strong passwords, and recognise potential cyber threats. Companies should also establish a reporting mechanism for employees to report suspicious activity or incidents immediately.

Having proper access controls in place is also necessary. This means limiting access to sensitive data only to those employees who need it, implementing two-factor authentication, and regularly monitoring user activity logs. Regular audits can also provide an extra layer of protection against potential threats by identifying vulnerabilities that may have been overlooked during routine security checks.

Another essential step is encrypting all data transmitted between different systems and devices. Encryption scrambles data into unreadable codes that can only be deciphered using a decryption key, making it difficult for hackers to intercept or steal information in transit.

Legal Framework for Cyber Frauds in the Insurance Industry

The legal framework for cyber fraud in the insurance industry is critical to preventing such crimes. The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for insurers to establish a cybersecurity framework. The guidelines require insurers to conduct regular risk assessments, implement security measures, and ensure compliance with data privacy laws.

The Information Technology Act 2000, is another significant piece of legislation dealing with cyber fraud in India. The act defines offences such as unauthorised access to a computer system, hacking, and tampering with data. It also provides for stringent penalties and imprisonment for those found guilty of such offences.

The IRDAI’s guidelines provide insurers with a roadmap to establish robust cybersecurity measures to help prevent cyber fraud in the insurance industry. Stringent implementation of these guidelines will go a long way in safeguarding sensitive customer information from falling into the wrong hands.

Best Practices for Insurers and Policyholders

Insurers:

Implementing Strong Authentication: Encouraging the use of multi-factor authentication and secure login processes to safeguard customer accounts and prevent unauthorised access.

Regular Employee Training: Conduct cybersecurity awareness programs to educate employees about the latest threats and preventive measures.

Investing in Advanced Technologies: Utilizing robust cybersecurity tools and systems to promptly detect and mitigate potential cyber threats.

Policyholders:

Vigilance and Awareness: Policyholders must stay vigilant while sharing personal information online and verify the authenticity of insurance websites and communication channels.

Regular Updates and Patches: Advising individuals to keep their devices and software up to date to minimise vulnerabilities that cybercriminals can exploit.

Secure Online Practices: Encouraging the use of strong and unique passwords, avoiding sharing sensitive information on unsecured networks, and exercising caution when clicking on suspicious links or attachments.

Conclusion

As the Indian insurance industry embraces digitisation, the risk of cyber scams and data breaches becomes a significant concern. Insurers and policyholders must collaborate to ensure robust cybersecurity measures are in place to protect sensitive information and financial interests.

It is essential for insurance companies to invest in robust cybersecurity measures that can detect and prevent fraud attempts. Additionally, educating employees on the dangers of cyber fraud and implementing strict compliance measures can go a long way in mitigating risks. With these efforts, the insurance industry can continue to provide trustworthy and reliable services to its customers while protecting against cyber threats. As technology continues to evolve, it is imperative that the insurance industry adapts accordingly and remains vigilant against emerging threats.

Introduction

A zero-click cyber attack solely relies on software and hardware flaws, bypassing any human factor to infect a device and take control over its data. It is almost impossible to discover the attack and know that the device is hacked unless someone on your side is closely monitoring your network traffic data.

At Kaspersky, security analysts used their SIEM solution KUMA to monitor their corporate WiFi network traffic and discovered this mysterious attack. They took necessary actions to investigate it and even went a step further to dive right into the action and uncover the entire attack chain.

A few months ago, Kaspersky shared their findings about this attack on iOS devices. They shared how these zero-click vulnerabilities were being exploited by the attackers and called this attack ‘Operation Triangulation’.

A zero-click exploit in the network

Kaspersky detected a zero-click attack on the iPhones of their colleagues while monitoring their corporate WiFi network traffic. They managed to get detailed information on all the stages of the attack by simply identifying a pattern in the domain names flowing through their network. Although the attackers were quite experienced, their mistakes helped Kaspersky detect critical vulnerabilities in all iOS devices.

The name-pattern

These previously unsuspected domains had a similar name-style which consisted of two names and ended with ‘.com’, such as ‘backuprabbit.com’ and ‘cloudsponcer.com’. They were used in pairs, one for an exportation process and the other served as a command and control server. These domains showed high outbound traffic, they were registered with NameCheap and protected with Cloudflare.

The network pattern

Each time a connection to these suspicious domains was made, it was preceded by an iMessage connection which indicated these domains are being accessed by iOS devices. It was observed that the devices connected to these domains, downloaded attachments, performed a few requests to a first level domain which was an exploitation framework server, then made regular connections with the second level domain which was a command and control server controlled by the attackers.

Getting more information

To get more information about the attack all the infected devices were collected and backed up after carefully informing the device owners. Although the attackers had managed to clean their artefacts, the backed up data was used to perform digital forensic procedures and find traces of the attacks. This helped Kaspersky to figure out how the infection might be taking place.

The attacker’s mistakes

The attackers deleted all the attachment files and exploits but did not delete the modified SMS attachment folder. That folder had no files left inside it. The attackers removed evidence from other databases as well, like the ‘SMS.db’ database, however another database called ‘datausage.sqlite’ was not sanitised.

The ‘datausage.sqlite’ database is the most important database when it comes to iOS forensics as its contents can be used to track applications and network usage. Upon examination of this database, a process logged as ‘BackupAgent’ was found to be making network connections at the same time the device was making connections to the suspicious domains.

The indicator of compromise

‘BackupAgent’ stood out in this scenario because although it is a legitimate binary, it has been deprecated since iOS4 and it should not have been making any network connections. This identified the ‘BackupAgent’ process as the first solid indicator of compromise in Operation Triangulation. The indicator is termed as- ‘Data usage by process BackupAgent’, and was used to determine if any specific device was infected.

Taking it a step ahead

The team at Kaspersky successfully identified the indicator of compromise and determined which devices were infected, but as the attackers were experienced enough to delete their payloads, they decided to set a trap and perform a man-in-the-middle attack. When they did, the attackers were unable to detect it.

The man-in the-middle attack

Kaspersky prepared a server with ‘WireGuard’ and ‘mitmproxy’. They installed root certificates on devices that could be used as targets for the attackers and routed all the network traffic to that server. They also developed a ‘Telegram’ bot to notify them about new infections as they decrypted the network traffic.

Setting up a bot proved to be an effective way of real time monitoring while modifying all the network packets on-the-fly with ‘mitmproxy’, this gave them unlimited power! Their trap was successful in capturing a payload sent by the attackers and it was analysed in detail.

The name was in the payload

The payload was an HTML page with obfuscator javascript which performed various code checks and canvas footprinting. It rendered a yellow triangle and calculated its hash value. This is why the operation was named Operation Triangulation.

The team at Kaspersky started cracking various layers of asymmetric cryptography with regular expressions. They patched the stages one-by-one on the fly to move the logic from each stage to ‘mitmproxy’ and finally implemented a 400 line ‘mitmproxy’ add-on. This add-on decrypted all the validators, exploits, spyware and additional modules.

The mystery 

It is remarkable how Kaspersky detected the attack and identified multiple vulnerabilities, set up a trap to capture a payload and decrypted it completely. They shared all their findings with the device manufacturer and Apple responded by sending out a security patch update addressing four zero-day vulnerabilities. 

A zero-click vulnerability

Traditionally any spyware relies on the user to to click on a compromised link or file to initiate the infection. However a zero-click vulnerability is a specific flaw in the device software or hardware that the attacker can use to infect the device without the need for a click or tap from the user.

The vulnerabilities identified

1. Tricky Font Flaw (CVE-2023-41990): A clandestine method involving the manipulation of font rendering on iPhones, akin to a secret code deciphered by the attackers.Apple swiftly addressed this vulnerability in versions iOS 15.7.8 and iOS 16.3.

2. Kernel Trick (CVE-2023-32434): Exploiting a hidden language understood only by the iPhone's core, the attackers successfully compromised the kernel's integrity.Apple responded with fixes implemented in iOS 15.7.7, iOS 15.8, and iOS 16.5.1.

3. Web Sneakiness (CVE-2023-32435): Leveraging a clever ploy in the interpretation of web content by iPhones, the attackers manipulated the device's behaviour.Apple addressed this vulnerability in iOS 15.7.7 and iOS 16.5.1.

4. Kernel Key (CVE-2023-38606): The pinnacle of the operation, the attackers discovered a covert method to tamper with the iPhone's core, the kernel.Apple responded with a fix introduced in iOS 16.6, thwarting the intrusion into the most secure facets of the iPhone

Still, how these attackers were able to find this critical vulnerability in a device which stands out for it’s security features is still unknown.

CyberPeace Advisory

Zero-click attacks are a real threat, but you can defend yourself. Being aware of the risks and taking proactive steps can significantly reduce vulnerability. Regularly installing the latest updates for your operating system, apps, and firmware helps patch vulnerabilities before attackers can exploit them.

• Keep your software updated as they contain crucial security patches that plug vulnerabilities before attackers can exploit them.
• Use security software to actively scan for suspicious activity and malicious code, acting as a first line of defence against zero-click intrusions.
• Be cautious with unsolicited messages if the offer seems too good to be true or the link appears suspicious as it can contain malware that can infect your device.
• Disable automatic previews as it can potentially trigger malicious code hidden within the content.
• Be mindful of what you install and avoid unverified apps and pirated software, as they can be Trojan horses laden with malware.
• Stay informed about the latest threats and updates by following reliable news sources and security blogs to stay ahead of the curve, recognize potential zero-click scams and adjust your behaviour accordingly.

Check out our (advisory report)[add report link] to get in depth information.

Conclusion

Operation Triangulation stands as a testament to the continuous cat-and-mouse game between cybercriminals and tech giants. While the covert spy mission showcased the vulnerabilities present in earlier iPhone versions, Apple's prompt response underscores the commitment to user security. As the digital landscape evolves, vigilance, timely updates, and collaborative efforts remain essential in safeguarding against unforeseen cyber threats.

References:

1. Operation Triangulation: iOS devices targeted with previously unknown malware | Securelist, 1 June, 2023
2. Operation Triangulation: The last (hardware) mystery | Securelist, 27 December, 2023.
3. 37C3 - Operation Triangulation: What You Get When Attack iPhones of Researchers (youtube.com), 29 December,2023

Executive Summary:

A recent claim going around on social media that a child created sand sculptures of cricket legend Mahendra Singh Dhoni, has been proven false by the CyberPeace Research Team. The team discovered that the images were actually produced using an AI tool. Evident from the unusual details like extra fingers and unnatural characteristics in the sculptures, the Research Team discerned the likelihood of artificial creation. This suspicion was further substantiated by AI detection tools. This incident underscores the need to fact-check information before posting, as misinformation can quickly go viral on social media. It is advised everyone to carefully assess content to stop the spread of false information.

Claims:

The claim is that the photographs published on social media show sand sculptures of cricketer Mahendra Singh Dhoni made by a child.

Fact Check:

Upon receiving the posts, we carefully examined the images. The collage of 4 pictures has many anomalies which are the clear sign of AI generated images.

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In the first image the left  hand of the sand sculpture has 6 fingers and in the word INDIA, ‘A’ is not properly aligned i.e not in the same line as other letters. In the second image, the finger of the boy is missing and the sand sculpture has 4 fingers in its front foot and has 3 legs. In the third image the slipper of the boy is not visible whereas some part of the slipper is visible, and in the fourth image the hand of the boy is not looking like a hand. These are some of the major discrepancies clearly visible in the images.

We then checked using an AI Image detection tool named ‘Hive’ image detection, Hive detected the image as 100.0% AI generated.

We then checked it in another AI image detection named ContentAtScale AI image detection, and it found to be 98% AI generated.

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From this we concluded that the Image is AI generated and has no connection with the claim made in the viral social media posts. We have also previously debunked AI Generated artwork of sand sculpture of Indian Cricketer Virat Kohli which had the same types of anomalies as those seen in this case.

Conclusion:

Taking into consideration the distortions spotted in the images and the result of AI detection tools, it can be concluded that the claim of the pictures representing the child's sand sculptures of cricketer Mahendra Singh Dhoni is false. The pictures are created with Artificial Intelligence. It is important to check and authenticate the content before posting it to social media websites.

• Claim: The frame of pictures shared on social media contains child's sand sculptures of cricket player Mahendra Singh Dhoni.
• Claimed on: X (formerly known as Twitter), Instagram, Facebook, YouTube
• Fact Check: Fake & Misleading