Threat actors are taking control of cloud-based Microsoft 365 accounts of C-suite executives using a multifactor authentication phishing tool. Proofpoint researchers say attackers use automation to identify in real time whether a phished user is a high-level profile company official.
A Chinese state-sponsored spy group called RedHotel has emerged as a dominant espionage agent against government entities of at least 17 countries worldwide. Researchers said the motives and operations of the group closely link it to China's Ministry of State Security.
At least 637 organizations have now confirmed that they were affected by the zero-day attack on MOVEit file-sharing servers that began in late May, collectively affecting 41 million individuals, report cybersecurity researchers who've been tracking the impact of Clop's data-theft campaign.
In this week's roundup of digital assets-related cybersecurity incidents, Fireblocks found bugs in 15 crypto wallets, Curve Finance recouped most stolen funds, ethereum saw a high flow of illicit funds, the NFT faded more, the U.K. posted crypto crimes jobs and South Korea arrested Bitsonic's CEO.
An international law enforcement operation took down a phishing-as-a-service website that security researchers say was responsible for more than 150,000 phishing domains. The site, 16shop, sold phishing kits that targeted more than 70,000 people in 43 countries.
Ukrainian cyber defenders said they had thwarted an attempt by Russian military intelligence to deploy widespread malware programmed to spy on battlefield management apps. Russian hackers' preparation for the malware campaign was "long-term and thorough," Ukraine's SBU said.
Many security awareness training programs fail because organizations don't understand the risks they face, said Culture AI's John Scott. He said a successful training program "will help people by making sure that it's targeting the behaviors that address the key risks for the organization."
In this episode of CyberEd.io's podcast series "Cybersecurity Insights," Alisdair Faulkner of security and fraud prevention startup Darwinium discussed how the FedNow Service will add a layer of complexity to defending against real-time financial fraud scams used in faster payments transactions.
Japanese classified military networks reportedly suffered a massive breach in 2020 at the hands of a Chinese cyberespionage group that proved tough to eject. One cybersecurity expert said Chinese cyberespionage groups targeting Japan and its allies are employing ever more "stealthy intrusions."
Hackers attempting to spy on the Ukrainian government are using an open-source remote access Trojan, said Kyiv cyber defenders. The RAT, MerlinAgent, is available on GitHub. The threat actor spoofed the Computer Emergency Response Team of Ukraine in phishing emails.
Collaborative AI - the process of one AI model learning from another - is one of the most effective ways for financial institutions to fight the sophisticated techniques fraudsters use for scams, said Johan Gerber, executive vice president of security and cyber innovation at Mastercard.
A Nigerian national has pleaded guilty to participating in a business email compromise scheme that stole $1.25 million from a Boston investment firm. Perpetrators used malware to intercept an employee's emails as well as spoofed email accounts to trick the employee's London financial services firm.
Spanish police estimate that a group that mainly targeted ATMs of Spanish national banks using cloned payment cards had fraudulently pocketed nearly 196,000 euros. Authorities arrested three suspected members of the group Sunday in the Spanish coastal city of Valencia.
Authorities are sounding the alarm about double-extortion attacks against healthcare and public health sector organizations by a relatively new ransomware-as-a-service group, Rhysida, which until recently had mainly focused on entities in other industries.
The U.S. federal government acknowledged that it is lagging behind on border gateway protocol security practices. Officials from several government agencies, ISPs and cloud content providers organized a workshop to understand the latest security improvements underway.
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