When the attacker becomes the user: Rethinking account takeover

In a world full of cyber risk, account takeover has emerged as one of the most insidious of all threats.

If an attacker can successfully compromise a legitimate email account, they are then able to pose as a trusted individual or organization without triggering any warnings.

Traditional email security will see nothing wrong.

From there the threat actor can pick their moment to cause havoc with objectives that range from stealing money, expropriating sensitive data and propagating catastrophic malware.

Serious financial loss and a damaged corporate reputation are commonplace outcomes.

The typical account takeover lifecycle starts with the bad guys obtaining credentials, usually through the medium of phishing.

Generative AI (GenAI) has made it easy for an attacker to trick an unwary individual into giving away login data, perhaps by posing as a colleague or other trusted party or by encouraging them to enter confidential information on a fake login page.

You might expect, once a legitimate identity has been successfully compromised, that all hell would immediately break loose.

These days the typical account takeover artist is more stealthy and sinister than that, in no rush to act at this early stage since no alarm bells have been triggered.

Most will take their time to test out and verify their stolen login data, and see where it might take them.

“Conventionally attackers would take over an account and immediately start firing off spam and phishing,” says Dave Baggett, SVP Cybersecurity with software developer Kaseya.

“Now they are starting to get clever.

They’ll get access to an account and sit tight, watching all the email traffic passing and waiting for an opportune moment to inject themselves into the conversation.” From the inside out Once they’ve figured out an organisation’s weak points and come up with a plan of attack, the bad guys will start to weaponize the compromised email account to target other employees and internal systems.

Assuming their motivation is financial, they might be on the hunt for a way into payroll or invoicing databases.