The dark web is extensively utilized by cybercriminals and is therefore a rich source of information… information that can be leveraged by organizations to improve their cyber defenses. The dark web is used by cybercriminals to buy and sell malware, leak sensitive data, and share vulnerabilities and techniques, techniques and procedures that can be used in cyberattacks, and utilizing that data can help organizations to gain an understanding of the threat actors that are targeting their organization, and how attacks are likely to occur.
Dark web intelligence is used by organizations in many industries, but the healthcare industry lags behind other sectors in the use of dark web intelligence. According to a recent survey conducted for Searchlight Cyber, 80% of large enterprises across all industry sectors utilize dark web intelligence as part of their security strategy, with the finance sector leading in the adoption of dark web intelligence with 85% of financial organizations gathering data from the dark web.
Yet only 57% of healthcare organizations use dark web intelligence to learn about their adversaries and improve their defenses against cyberattacks. It is therefore no surprise that just 60% of healthcare CISOs said they were confident about understanding the profile of their adversaries. CISOs in the oil and gas industry were also less likely than average to use dark web intelligence, and they also were not confident that they could understand the profiles of their adversaries. Searchlight Cyber says there is a direct correlation between gathering more dark web intelligence and a stronger security posture, as using dark web data allows organizations to gain a better understanding of the adversaries that are targeting their organization and their industry and also increases the chances of spotting an attack.
“There are a number of possible explanations as to why oil and gas companies and healthcare organizations are behind in the adoption of pre-attack intelligence,” said Ben Jones, CEO and co-founder of Searchlight Cyber. “Both of these industries have large, complex, and legacy infrastructure, which means they may be prioritizing other security challenges such as vulnerability patching. It is also likely that, unlike enterprises in the finance sector, health and energy organizations may not have historically considered themselves the primary target for financially-motivated cyberattacks emanating from the dark web.”
The survey was conducted on 1,008 Chief Information Security Officers (CISOs) at large enterprises ($200 million+ revenues and 2,000+ employees) between November 2022 and January 2023. The survey found that almost all CISOs – 93% – are concerned about dark web threats, and 72% of surveyed CISOs said they think dark web intelligence is critical to defending their organization. CISOs in healthcare were much less likely to appreciate the importance of understanding dark web threats than other industries. The survey revealed only 50% of healthcare CISOs believe criminal activity on the dark web had an impact on their company, compared to the average of 64%, and only 53% of healthcare CISOs believe intelligence on cybercriminals is critical to defending their organization.
“As recent incidents have shown us, [hackers] are increasingly targeting enterprises in industries such as healthcare, oil and gas, and manufacturing to leverage the critical nature of these companies, and extort ransoms. This makes it an imperative for these organizations to begin monitoring the dark web, to spot the early warning signs of attack, and improve their security posture based on a better understanding of their adversaries.”
While the value of dark web intelligence is generally appreciated, Searchlight Cyber believes dark web data is being underutilized. While 71% of respondents said they would like to see whether their suppliers are being targeted on the dark web, only 32% of those CISOs are gathering dark web data to monitor attacks against their supply chain. Only 50% of healthcare CISOs said they were interested in seeing if their suppliers are being targeted on the dark web, which suggests there is a lack of understanding about where cyberattacks against their enterprises are originating.
Jim Simpson, Director of Threat Intelligence at Searchlight Cyber, said most sources of threat intelligence tell organizations where attacks have happened in the past, but dark web intelligence provides clues as to what is most likely to happen next and provides visibility into cybercriminal reconnaissance which gives organizations the best chance of spotting attacks before they hit the network.
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