An APT group known as Lebanese Cedar has launched a cyberespionage campaign targeting telecommunication companies and ISPs, according to the Israeli security firm ClearSky, which says the attacks have spread beyond the Middle East to the U.S. and Europe.
In Britain, the National Crime Agency and the Financial Conduct Authority warn that the number of "clone firm" scams has significantly increased during the COVID-19 pandemic. Over a six-month period, these fraudulent schemes have led to more than 78 million pounds ($107 million) in losses for victims.
Researchers at the security firm RiskIQ have discovered a phishing kit they call "LogoKit" that fraudsters can use to easily change lures, logos and text in real time to help trick victims into opening up messages and clicking on malicious links.
The latest edition of the ISMG Security Report features an analysis of this week’s police takedowns of Emotet and Netwalker cybercrime operations. Also featured: Updates on passwordless authentication and the use of deception technology.
U.S. and Bulgarian authorities have seized servers and disrupted the infrastructure and darknet websites of the Netwalker ransomware gang. Police have also arrested one person and confiscated ransom money collected by the cybercriminal gang. The news comes the same week the Emotet botnet was disrupted.
Former Obama White House cybersecurity official Chris DeRusha has been appointed federal CISO by the Biden administration after having served as CISO for the Biden campaign. He joins a number of newly appointed officials who will have cybersecurity oversight.
The operators of the Nefilim ransomware used the credentials of a deceased system administrator to plant their crypto-locking malware in about 100 vulnerable systems during one attack, according to Sophos. These types of "ghost" accounts are an increasing issue for security teams.
A multinational law enforcement operation has disrupted the Emotet botnet, gaining control of hundreds of servers and arresting multiple alleged administrators in Ukraine, Europol says. While the botnet could rebound, cybersecurity experts say the criminal operation has been dealt "a huge blow."
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
A targeted phishing campaign is using a fake Microsoft Office 365 update to steal email credentials from business executives, and the credentials are then being offered for sale in underground forums, security firm Trend Micro reports.
Websites advertising pirated and cracked software are being used to deliver an updated version of the DanaBot banking Trojan, which can steal individuals' online banking credentials, according to Proofpoint.
A Cypriot hacker has pleaded guilty to a pair of federal charges after admitting that he hacked the websites of several U.S. organizations, stole data and then threatened to disclose it unless a ransom was paid, federal prosecutors say.
The number of distributed denial-of-service attacks launched in 2020 surpassed 10 million, up from 8.5 million in 2019, according to NetScout's Atlas Security Engineering and Response Team.
North Korean hackers have been "targeting security researchers working on vulnerability research and development at different companies and organizations" to trick them into installing backdoored software that gives attackers remote access to their systems, warns Google's Threat Analysis Group.
Email security vendor Mimecast confirmed Tuesday that the hackers responsible for the SolarWinds supply chain hack also breached the security firm's network to compromise a digital certificate that encrypts data that moves between some of the firm's products and Microsoft's servers.
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