Cybercriminals have been using fileless malware to not only avoid detection from anit-malware programs but to also initiate new attacks. Fileless malware is used to penetrate trusted applications and issue executables that fit in with normal network traffic, IT processes, and system administration tasks while leaving fewer footprints. This article will discuss more on fileless malware and how it can be a threat to you business.
What is fileless malware?
Fileless malware is malicious software that doesn’t rely on executable files to infect your infrastructure. Rather, it hides in your computer’s random access memory and uses trusted, legitimate processes, such as Microsoft Office macros, PowerShell, and Windows Management Instrumentation.
Fileless malware isn’t as visible as traditional malware. It uses a variety of techniques to stay persistent and can adversely affect the integrity of a business’s processes and the infrastructures that run them. Because there are no files to trace, fileless malware escapes detection by most anti-malware programs, especially those that use the databases of known threats. Most automated sensors cannot recognize illicit scripts, and cybersecurity analysts who are trained to identify them usually have a hard time determining where to look.
What potential damage can fileless malware do?
If it is not detected and removed, fileless malware can do a lot of damage to business systems, such as:
- Steal or destroy data
- Modify files without authorization
- Act as a backdoor for other types of malware
- Cause system crashes and instability
- Disrupt normal operations by taking up CPU time or memory
Examples of high-profile fileless malware attacks include the Democratic National Committee hacking in 2016 and the Equifax data breach in 2017.
How big of a threat is fileless malware?
Cybersecurity provider WatchGuard Technologies’s Internet Security Report for Q4 2020 found that fileless malware attacks during the year jumped by 888% from 2019. Worse still, their Q2 2021 report revealed that just halfway through 2021, the number of fileless malware detections originating from scripting engines like PowerShell was already at 80% of 2020’s total script-initiated attack volume.
How can you defend against fileless malware?
Your business should practice defense in depth in which you implement multiple safeguards to reduce exposure and mitigate damage. Such safeguards include keeping your systems updated, limiting user access rights and privileges, cultivating a security-aware workforce, and utilizing advanced security solutions that analyze behavioral trends. Lastly, you should also partner with a managed IT services provider that offers 24/7 network monitoring, security audit, and penetration testing. Call us today to get started.