July, 2022

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Why Are Ransomware Attacks Intensifying?

Data Breach Today

The latest edition of the ISMG Security Report analyzes why the number of ransomware attacks and the amounts being paid in ransoms are both on the rise. It also discusses today's cyberthreat landscape and whether organizations should rely on user training to improve security.

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Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “ pig butchering ,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.

Marketing 325
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Security Teams Overwhelmed With Bugs, Bitten by Patch Prioritization

Dark Reading

The first half of the year saw more than 11,800 reported security vulnerabilities, but figuring out which ones to patch first remains a thankless job for IT teams.

Security 140
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GUEST ESSAY: Rising cyber risks make business intelligence gathering more vital than ever

The Last Watchdog

Gathering intelligence has always been a key tool for organisational decision making – understanding the external operating environment is the ‘101’ for business. How can you grasp the challenges and opportunities for your company without a deep understanding of all the contributing factors that make the company tick? Related: We’re in the golden age of cyber espionage.

Risk 279
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Optimizing The Modern Developer Experience with Coder

Many software teams have migrated their testing and production workloads to the cloud, yet development environments often remain tied to outdated local setups, limiting efficiency and growth. This is where Coder comes in. In our 101 Coder webinar, you’ll explore how cloud-based development environments can unlock new levels of productivity. Discover how to transition from local setups to a secure, cloud-powered ecosystem with ease.

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Passkeys

Imperial Violet

The presentations are out now ( Google I/O , WWDC ): we're making a push to take WebAuthn to the masses. WebAuthn has been working reasonably well for enterprises and technically adept users. But we were not going to see broad adoption while the model was that you had to purchase a pair of security keys, be sure to register the backup on every site, yet also keep it in a fire safe.

More Trending

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Microsoft Says Phishing Campaign Skirted MFA to Access Email

Data Breach Today

Attackers Targeted More Than 10,000 Organizations Since Last September Attackers used a phishing campaign to direct unwitting Microsoft business email customers into supplying logon credentials to a proxy server. Attackers stole online session cookies, allowing them to defeat MFA and access inboxes. From there, they emailed corporate vendors to obtain financial data.

Phishing 359
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Experian, You Have Some Explaining to Do

Krebs on Security

Twice in the past month KrebsOnSecurity has heard from readers who’ve had their accounts at big-three credit bureau Experian hacked and updated with a new email address that wasn’t theirs. In both cases the readers used password managers to select strong, unique passwords for their Experian accounts. Research suggests identity thieves were able to hijack the accounts simply by signing up for new accounts at Experian using the victim’s personal information and a different email

Passwords 335
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Facebook Is Now Encrypting Links to Prevent URL Stripping

Schneier on Security

Some sites, including Facebook, add parameters to the web address for tracking purposes. These parameters have no functionality that is relevant to the user, but sites rely on them to track users across pages and properties. Mozilla introduced support for URL stripping in Firefox 102 , which it launched in June 2022. Firefox removes tracking parameters from web addresses automatically, but only in private browsing mode or when the browser’s Tracking Protection feature is set to strict.

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GUEST ESSAY: Advanced tools, tactics required to defend latest attack variant — ‘DeepSea phishing’

The Last Watchdog

Phishing itself is not a new or a particularly complicated threat. But the emergence of advanced phishing techniques – “DeepSea Phishing” – poses an entirely new challenge for enterprises. Related: Deploying human sensors. Phishing comes with a simple premise – lure someone to interact with a malicious link, file, or credentials-input, disguised as a legitimate email or website.

Phishing 277
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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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New Highly-Evasive Linux Malware Infects All Running Processes

eSecurity Planet

Intezer Labs security researchers have identified a sophisticated new malware that targets Linux devices. Dubbed OrBit , the malware can gain persistence quickly, evade detection and hide its presence in network activity by manipulating logs. The module hooks functions called in shared libraries, which is pretty common for malware, but it also implements “advanced evasion techniques” and “remote capabilities over SSH.”.

Libraries 145
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Fortinet addressed multiple vulnerabilities in several products

Security Affairs

Fortinet released security patches to address multiple High-Severity vulnerabilities in several products of the vendor. Fortinet addressed multiple vulnerabilities in several products of the vendor. Impacted products are FortiADC, FortiAnalyzer, FortiManager, FortiOS, FortiProxy, FortiClient, FortiDeceptor, FortiEDR, FortiNAC, FortiSwitch, FortiRecorder, and FortiVoiceEnterprise.

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H0lyGh0st Ransomware Linked to North Korean Hackers

Data Breach Today

Small and Mid-Size Businesses Targeted Globally But So Far Extortion Attempts Have Failed Microsoft security researches say they're tracking a hacking group originating from North Korea that may be a side project of an established threat actor. So far the group, which likes the moniker "H0lyGh0st," appears not to have collected any ransom.

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911 Proxy Service Implodes After Disclosing Breach

Krebs on Security

The 911 service as it existed until July 28, 2022. 911[.]re, a proxy service that since 2015 has sold access to hundreds of thousands of Microsoft Windows computers daily, announced this week that it is shutting down in the wake of a data breach that destroyed key components of its business operations. The abrupt closure comes ten days after KrebsOnSecurity published an in-depth look at 911 and its connections to shady pay-per-install affiliate programs that secretly bundled 911’s proxy so

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The Tumultuous IT Landscape Is Making Hiring More Difficult

After a year of sporadic hiring and uncertain investment areas, tech leaders are scrambling to figure out what’s next. This whitepaper reveals how tech leaders are hiring and investing for the future. Download today to learn more!

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DHS Review Board Deems Log4j an 'Endemic' Cyber Threat

Dark Reading

Vulnerability will remain a "significant" threat for years to come and highlighted the need for more public and private sector support for open source software ecosystem, Cyber Safety Review Board says.

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FTC Provides Update on Security and Privacy Rulemaking Process

Hunton Privacy

On June 22, 2022, the Federal Trade Commission submitted an updated abstract to the Office of Information and Regulatory Affairs indicating that it is considering initiating a rulemaking under Section 18 of the FTC Act to curb lax security practices, limit privacy abuses, and ensure that algorithmic decision-making does not result in unlawful discrimination.

Privacy 133
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How One Company Survived a Ransomware Attack Without Paying the Ransom

eSecurity Planet

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Matters steadily worsened within a very short time and signs of a breach became apparent. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus.

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A database containing data of 5.4 million Twitter accounts available for sale

Security Affairs

Threat actor leaked data of 5.4 million Twitter users that were obtained by exploiting a now patched flaw in the popular platform. A threat actor has leaked data of 5.4 million Twitter accounts that were obtained by exploiting a now-fixed vulnerability in the popular social media platform. The threat actor is now offering for sale the stolen data on a the popular hacking forum Breached Forums.

Sales 143
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Improving the Accuracy of Generative AI Systems: A Structured Approach

Speaker: Anindo Banerjea, CTO at Civio & Tony Karrer, CTO at Aggregage

When developing a Gen AI application, one of the most significant challenges is improving accuracy. This can be especially difficult when working with a large data corpus, and as the complexity of the task increases. The number of use cases/corner cases that the system is expected to handle essentially explodes. 💥 Anindo Banerjea is here to showcase his significant experience building AI/ML SaaS applications as he walks us through the current problems his company, Civio, is solving.

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Predatory Sparrow's Hacks: There's Smoke, There's Fire

Data Breach Today

Hack Attacks That Affect Operational Security Environments Remain Rare The Predatory Sparrow hacking group recently claimed to have triggered fires in multiple state-run Iranian steel foundries via hack attacks. Clearly, industrial cybersecurity remains essential. But are the attacks a sign of much more to come or more of a politically motivated proof of concept?

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Security Vulnerabilities in Honda’s Keyless Entry System

Schneier on Security

Honda vehicles from 2021 to 2022 are vulnerable to this attack : On Thursday, a security researcher who goes by Kevin2600 published a technical report and videos on a vulnerability that he claims allows anyone armed with a simple hardware device to steal the code to unlock Honda vehicles. Kevin2600, who works for cybersecurity firm Star-V Lab, dubbed the attack RollingPWN. […].

Security 134
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Celebrating Emoji Day in CyberSecurity!

Thales Cloud Protection & Licensing

Celebrating Emoji Day in CyberSecurity! divya. Thu, 07/14/2022 - 06:57. It's that day of the year again - the time? when we celebrate ?? Emoji Day on ?? 17 July. You might be wondering ??, what is Emoji Day, and what does it have to do with cybersecurity??? And you might think ?? why should security ?? professionals even care? Well, emojis are everywhere and used in all types of digital communication ???

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Trojanized Password Crackers Targeting Industrial Systems

Dark Reading

Tools purporting to help organizations recover lost passwords for PLCs are really droppers for malware targeting industrial control systems, vendor says.

Passwords 141
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Driving Responsible Innovation: How to Navigate AI Governance & Data Privacy

Speaker: Aindra Misra, Senior Manager, Product Management (Data, ML, and Cloud Infrastructure) at BILL

Join us for an insightful webinar that explores the critical intersection of data privacy and AI governance. In today’s rapidly evolving tech landscape, building robust governance frameworks is essential to fostering innovation while staying compliant with regulations. Our expert speaker, Aindra Misra, will guide you through best practices for ensuring data protection while leveraging AI capabilities.

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Best Disaster Recovery Solutions for 2022

eSecurity Planet

Disaster recovery (DR) and business continuity have been an essential aspect of enterprise IT for decades. Whether it’s earthquakes, floods, or power outages, DR is there to ensure operations can continue. But more recently, a lot more has been put on the DR plate. Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place.

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New Luna ransomware targets Windows, Linux and ESXi systems

Security Affairs

Kaspersky researchers discovered a new ransomware family written in Rust, named Luna, that targets Windows, Linux, and ESXi systems. Researchers from Kaspersky Lab detailed a new ransomware family named Luna, which is written in Rust and is able to target Windows, Linux, and ESXi systems. Luna ransomware is the third ransomware family that is written in Rust language, other malware strains are BlackCat and Hive.

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Search Here: Ransomware Groups Refine High-Pressure Tactics

Data Breach Today

Free Searching on Stolen Data and Higher Ransom Demands Among Latest Innovations Seeking maximum profits, ransomware groups continually refine the tactics they use to bypass defenses, infect victims and pressure them into paying. Unfortunately, a reported increase in ransomware attacks and ransom amounts getting paid to criminals suggests these efforts largely remain successful.

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New UFEI Rootkit

Schneier on Security

Kaspersky is reporting on a new UFEI rootkit that survives reinstalling the operating system and replacing the hard drive. From an article : The firmware compromises the UEFI, the low-level and highly opaque chain of firmware required to boot up nearly every modern computer. As the software that bridges a PC’s device firmware with its operating system, the UEFI—short for Unified Extensible Firmware Interface—is an OS in its own right.

IT 129
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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Copyright Claim Email is a LockBit Ransomware Phishing Attack in Disguise

KnowBe4

The latest iteration in Copyright Claim scams is an evolution of this repeated attack method that has proven to get the attention – and response – of victims over the last few years.

Phishing 128
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Mysterious, Cloud-Enabled macOS Spyware Blows Onto the Scene

Dark Reading

The CloudMensis spyware, which can lift reams of sensitive information from Apple machines, is the first Mac malware observed to exclusively rely on cloud storage for C2 activities.

Cloud 129
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New Quantum-safe Cryptography Standards Arrive None Too Soon

eSecurity Planet

A six-year quantum cryptography competition just ended, producing four new security standards selected by the U.S. Department of Commerce’s National Institute of Standards and Technology. The announcement comes on the heels of a few major strides in quantum computing accessibility and speed—and may hopefully stave off the growing quantum security threat.