Chapter 2
WWW.TARGET.SG
CASE STUDY ON SUPPLY CHAIN ATTACKS
CASE STUDY ON SPEAR PHISHING ATTACKS
Incident in the ICT Sector
Business E-mail Compromise and
Takedown of Phishing Websites
Follow-up Action
What Happened?
In early-2019, data stolen from a local information
and communications technology (ICT) firm was
reportedly put up for sale on the Dark Web. The
ICT firm took measures immediately to detect
signs of unauthorised access into their networks
and systems. Cybersecurity firms were also
engaged to assist in forensic investigations and
gather intelligence.
Investigations revealed that the threat actor
accessed the company’s corporate network
through a vendor, and then compromised two
systems related to customer care. There was no
indication of data exfiltration from the affected
network and systems.
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SINGAPORE CYBER LANDSCAPE 2019
Recovery measures taken by the company included
cleaning up the affected network and systems, and
disconnecting non-essential links of the network
to the vendor. The firm also re-evaluated its
cybersecurity practices, which included reviewing
its network connectivity with its subsidiaries,
reconfiguring relevant firewall rules, and scanning
their networks and systems for Indicators of
Compromise (IOCs).
Many websites are prone to web hacking
techniques, such as Structured Query Language
(SQL) code injection — the embedding of malicious
codes — that allow attackers to send queries to
webpages, such as the log-in page. Through such
techniques, attackers can assume the identity of
the web administrator, access or modify data, or
exploit inherent vulnerabilities. In the event of a
systems compromise, the recovery process would
be costly and time-consuming, especially in cases
where the system was damaged, or if company
data was stolen or corrupted.
To prevent such attacks and for business
continuity, organisations need to ensure that their
websites and databases are properly secured,
configured and encrypted where necessary.
Organisations should also ensure that their
systems are regularly patched to address known
vulnerabilities in their networks and systems.
What Happened?
Recommendations
An employee received a phishing
e-mail that looked like it had been
sent by the company’s IT department,
which alerted the employee to update
the software on his computer to avoid
an account suspension. Unaware that
he had been re-directed to a phishing
webpage by clicking on the e-mail link,
the employee unsuspectingly entered
his user credentials, which were then
harvested by the attacker.
CSA constantly watches out
for phishing e-mails and links.
Organisations and members of public
can report phishing links to CSA, who
will work with the Infocomm Media
Development Authority (IMDA) to take
down the phishing site. IT administrators
can also analyse malicious e-mails to
discover the originating IP addresses,
and subsequently block all e-mails
from them to prevent similar scams.
Organisations are encouraged to
conduct regular awareness campaigns
to educate their employees on good
cyber hygiene practices, so that they do
not fall victim to phishing scams.
With the stolen user credentials, the
attacker logged into the employee’s
e-mail account and sent an e-mail
to the company’s accountant to
request for an immediate online fund
transfer. Fortunately, the accountant
spotted suspicious signs in the e-mail,
and checked the veracity of the
information via phone calls with the
sender instead of replying through
the e-mail. Further investigations
confirmed that the employee’s e-mail
account had been compromised and
the user credentials were leaked
through the phishing webpage.
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