MSPs Warned of Online Attacks

  • By Patrick Ryan
  • May 16, 2022

Some of the world’s top information technology managed services providers, or MSPs for short, have been warned of potential upcoming web-based attacks. The attacks are likely to be made against both MSPs and their clients. Web security specialists from the Five Eyes alliances representing the world’s leading cyber powers have issued a worldwide warning regarding attacks on IT services providers and other websites that might have a global impact.

What is the Advisory all About?

The Five Eyes alliance warning centers on potential digital attacks against MSPs and their customers. Though the advisory was directed toward the alliance country’s members, it is applicable to MSPs and businesses throughout the world. The advisory aims to prepare MSPs for potential online attacks and heighten digital security protocols and defenses. In particular, MSPs are advised to reassess their digital security protections and take extra steps to protect client data.

Why are MSPs in the Spotlight?

According to the Five Eyes alliance, MSPs are in hackers’ crosshairs. Though the group did not specify why MSPs are being targeted, they highlighted recent reports that indicate harmful cyber activity is being steered toward MSPs. The group insists the trend will continue moving forward. MSPs might be considered valuable targets as they manage and protect highly sensitive information on behalf of clients. However, it is interesting that several countries are issuing warnings to MSPs in unison.  

The hope is that the warning prompts MSPs to enhance the security of networks and data moving forward as the number of digital attacks continues to skyrocket throughout the world. It is also believed MSPs are favored as hacking targets as they are helpful in the scaling of attacks. Hackers that zero in on MSPs also pose a risk to the companies and other entities that those MSPs serve, meaning there is the potential for a chain reaction that extends well beyond the initial target.

It is possible MSPs will be used as an introduction point that helps facilitate the spread of malware or other threats to their customer network. The advisory noted above points out that digital criminals can scale up an attack from the starting point of an MSP with insufficient digital safeguards to obtain access to targets within the MSP network. The advisory noted that MSPs and their customers should ramp up their digital security measures and controls to thwart phishing attacks, unauthorized account access, data theft, and other potential digital infiltration.

Is Russia Behind the MSP Hacks?

Though the advisory did not specifically indicate that Russian hackers are targeting MSPs in the United States and elsewhere, the Five Eyes report from April identified Russia as an aggressor in cyberspace. The group’s spring advisory warned of hackers working on behalf of the Russian government. The advisory stated hackers employed by the Russian government worked in unison with cybercriminal groups to launch online attacks against entities throughout the West and abroad. The online offensive was launched shortly after Russia went to war with Ukraine.

What Should MSPs and Their Customers Do?

MSPs and those who receive services from MSPs should be hyper-aware of the threat described above. Such groups are encouraged to update digital safeguards, implement multi-factor authentication, provide employees with cybersecurity training, and develop a response and recovery plan.

About the Author
IDStrong Logo

Related Articles

Instagram Vulnerability Allowed Hackers Access to Control Your Phone

Security experts Check Point Research discovered a critical vulnerability while examining Instagra ... Read More

Alien Malware Infects More than 226 Mobile Apps and Steals Bank Data

As reported on September 24, 2020, by ZDNet and ThreatPost, a new strain of malware named “Alien ... Read More

Universal Health Systems Hit by Ransomware Attack

Universal Health Systems (UHS), a Fortune 500 company owning more than 400 hospitals across the co ... Read More

Exchange Server Bug Exposes a Big Risk to Hackers

Months after Microsoft released a patch to fix a serious flaw in MS Exchange Server, more than 61% ... Read More

Clients’ Bank Data Exposed in Blackbaud Ransomware Attack

Blackbaud software was victim to a ransomware attack last May, and new information suggests that c ... Read More

Latest Articles

Flagstar Bank Breach Impacts More Than a Million Customers

Flagstar Bank Breach Impacts More Than a Million Customers

Flagstar Bank is in the news for the wrong reason. The bank recently publicized the fact that it discovered a digital breach.

Weekly Recap June 24 2022

Weekly Recap June 24 2022

We are nearly halfway through 2022. News stories detailing hacks and other digital breaches continue to roll in on a daily basis.

Cybercrime Related to Travel Soars at the Year’s Halfway Point

Cybercrime Related to Travel Soars at the Year’s Halfway Point

There has been a significant spike in tourism following the gradual decline of the coronavirus pandemic.  The increase in travel has caught the attention of digital miscreants looking to scam tourists as well as travel services providers.

Featured Articles

How to Buy a House with Bad Credit

How to Buy a House with Bad Credit

Buying your own home is the American Dream, but it might seem out of reach to those with bad credit. However, the good news is, if your credit is less than perfect, you do still have options and in most cases, can still buy a home.

How Secure Is Your Password? Tips to Improve Your Password Security

How Secure Is Your Password? Tips to Improve Your Password Security

Any good IT article on computers and network security will address the importance of strong, secure passwords. However, the challenge of good passwords is that most people have a hard time remembering them, so they use simple or obvious ones that pose a security risk.

Top 10 Senior Scams and How to Prevent Them

Top 10 Senior Scams and How to Prevent Them

Senior scams are becoming a major epidemic for two reasons. First, seniors often have a lot of money in the bank from a life of working hard and saving.