The holidays are a time for joy, connection, and maybe a little too much hot cocoa by the fire. But while we’re busy celebrating with loved ones or preparing for it by taking advantage of holiday deals online or day-dreaming, cybercriminals are hard at work. The season often brings a surge in cyberattacks as hackers take advantage of unique vulnerabilities like reduced staff, distracted employees, and increased online shopping.
The rise in AI over the past years has compounded this issue by making it easier than ever for scammers to imitate brands, or even individuals – like your manager– through deepfake attacks, not to mention AI malware. Staying aware and being prepared can help bring peace of mind that the only surprises this holiday season are the ones under the tree, or here in Iceland, our kids' shoes.
To help organizations and their people prepare for this rise in potential cyber threats and enjoy the season, we put together a list of common types of attacks to look out for and best practices to mitigate them.
During the holidays, employees often take time off and begin to wind down at work, leaving routine security tasks like updates and patches overlooked. Unfortunately, this is exactly the kind of opportunity cybercriminals are looking for.
That’s why ransomware attacks increase during this time. Darktrace reported in 2021 that ransomware attacks increase by 30% on average during the holidays. Hackers prey on weak security practices such as outdated software, poor password hygiene, vulnerabilities in code, and insecure remote access controls. These attacks can lock users out of their systems or data until a ransom is paid—turning holiday cheer into a cybersecurity nightmare. Staying proactive with patches, secure credentials, and employee training can go a long way in keeping ransomware at bay.
Distributed Denial-of-Service (DDoS) attacks are growing in scale and sophistication and they become even more prominent this time of year. As online services experience heavy traffic from holiday shopping and year-end transactions, hackers exploit the increased load by overwhelming servers with a flood of fake traffic. These attacks leverage networks of hijacked devices and overwhelm their target with spam internet traffic coming from those devices at the same time. These types of attacks pose a serious threat and can bring websites or online platforms to a standstill, causing huge financial losses and damaging brand reputations.
Strong mitigation strategies, including traffic monitoring and scalable server defenses, are essential to prevent disruptions during the busiest time of the year. Microsoft reported in 2022 that they received an influx in DDoS attacks this time of year.
Phishing attacks trick people into revealing sensitive information such as credit card numbers, passwords, or company data, with the intention of financial gain or data ransom. And the holiday spirit of giving and spending makes this time particularly ripe for phishing campaigns.
Here are some common holiday-themed scams to watch out for in 2024:
These scammers often impersonate trusted carriers like DHL and FedEx– and with the rise of AI, imitating well-known brands is easier than ever. Keep in mind, legitimate companies won’t ask for payment or sensitive details via unsolicited emails or texts. The IRS warns this type of scam in particular is very widespread this year.
Each of these attacks thrives on holiday distractions and good intentions. By staying cautious, verifying requests, and prioritizing security, you can help ensure your holidays remain merry.
With this in mind, it’s vital to not only keep up your usual defenses, but to fortify them and be prepared for increased threats. To keep your organization secure, here are some best practices we recommend:
Human error is often to blame for an attack, and the chance of mistakes increases this time of year.
Conduct a thorough review of all operating systems, software, and firmware to ensure they are patched with the latest updates.
Perform a comprehensive vulnerability scan of your IT infrastructure to identify high-risk issues.
One great way to effectively combat cyber threats is to adopt a proactive approach to security. This starts with strong and decisive top-level leadership and the implementation of solutions that allow your organization to stay secure– at all times.
Aftra provides an attack surface management platform with tools to assess and enhance digital security, including automated vulnerability scanning and continuous, real-time detection.
Our solution offers proactive insights that enable you to make informed security decisions to safeguard your financial and digital assets, brand reputation, and business integrity.