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Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery

Unmasking the True Cost of Cyberattacks: Beyond Ransom and Recovery

Apr 23, 2024 Regulatory Compliance / Penetration Testing
Cybersecurity breaches can be devastating for both individuals and businesses alike. While many people tend to focus on understanding how and why they were targeted by such breaches, there's a larger, more pressing question: What is the true financial impact of a cyberattack? According to research by Cybersecurity Ventures, the global cost of cybercrime is projected to reach an astonishing 10.5 trillion USD annually by 2025, which marks a dramatic increase from the 3 trillion USD reported in 2015. This sharp rise highlights a concerning trend: cybercriminals have significantly improved their methods for conducting sophisticated and successful cyberattacks over the years. According to research firm Cybersecurity Ventures, the cost of global cybercrime will reach a staggering 10.5 trillion USD annually by 2025, up from the 3 trillion USD that it was in 2015. It's clear, then, that these threat actors have found ways to pull off sophisticated and successful cyberattacks over the yea
ToddyCat Hacker Group Uses Advanced Tools for Industrial-Scale Data Theft

ToddyCat Hacker Group Uses Advanced Tools for Industrial-Scale Data Theft

Apr 22, 2024 Network Security / Endpoint Security
The threat actor known as  ToddyCat  has been observed using a wide range of tools to retain access to compromised environments and steal valuable data. Russian cybersecurity firm Kaspersky characterized the adversary as relying on various programs to harvest data on an "industrial scale" from primarily governmental organizations, some of them defense related, located in the Asia-Pacific region. "To collect large volumes of data from many hosts, attackers need to automate the data harvesting process as much as possible, and provide several alternative means to continuously access and monitor systems they attack," security researchers Andrey Gunkin, Alexander Fedotov, and Natalya Shornikova  said . ToddyCat was  first documented  by the company in June 2022 in connection with a series of cyber attacks aimed at government and military entities in Europe and Asia since at least December 2020. These intrusions leveraged a passive backdoor dubbed Samurai that allows 
GenAI: A New Headache for SaaS Security Teams

GenAI: A New Headache for SaaS Security Teams

Apr 17, 2024SaaS Security / AI Governance
The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo
FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

FIN7 Cybercrime Group Targeting U.S. Auto Industry with Carbanak Backdoor

Apr 18, 2024 Cyber Attack / Malware
The infamous cybercrime syndicate known as FIN7 has been linked to a spear-phishing campaign targeting the U.S. automotive industry to deliver a known backdoor called Carbanak (aka Anunak). "FIN7 identified employees at the company who worked in the IT department and had higher levels of administrative rights," the BlackBerry research and intelligence team  said  in a new write-up. "They used the lure of a free IP scanning tool to run their well-known Anunak backdoor and gain an initial foothold utilizing living off the land binaries, scripts, and libraries ( LOLBAS )." FIN7, also known as Carbon Spider, Elbrus, Gold Niagara, ITG14, and Sangria Tempest, is a well-known  financially motivated e-crime group  that has a track record of striking a wide range of industry verticals to deliver malware capable of stealing information from point-of-sale (PoS) systems since 2012. In recent years, the threat actor has  transitioned  to  conducting ransomware operations ,
cyber security

Today's Top 4 Identity Threat Exposures: Where To Find Them and How To Stop Them

websiteSilverfortIdentity Protection / Attack Surface
Explore the first ever threat report 100% focused on the prevalence of identity security gaps you may not be aware of.
OpenJS Foundation Targeted in Potential JavaScript Project Takeover Attempt

OpenJS Foundation Targeted in Potential JavaScript Project Takeover Attempt

Apr 16, 2024 Supply Chain / Software Security
Security researchers have uncovered a "credible" takeover attempt targeting the OpenJS Foundation in a manner that evokes similarities to the recently uncovered incident aimed at the open-source XZ Utils project. "The OpenJS Foundation Cross Project Council received a suspicious series of emails with similar messages, bearing different names and overlapping GitHub-associated emails," OpenJS Foundation and Open Source Security Foundation (OpenSSF)  said  in a joint alert. According to Robin Bender Ginn, executive director of OpenJS Foundation, and Omkhar Arasaratnam, general manager at OpenSSF, the email messages urged OpenJS to take action to update one of its popular JavaScript projects to remediate critical vulnerabilities without providing any specifics. The email author(s) also called on OpenJS to designate them as a new maintainer of the project despite having little prior involvement. Two other popular JavaScript projects not hosted by OpenJS are also sai
TA558 Hackers Weaponize Images for Wide-Scale Malware Attacks

TA558 Hackers Weaponize Images for Wide-Scale Malware Attacks

Apr 16, 2024 Threat Intelligence / Endpoint Security
The threat actor tracked as  TA558  has been observed leveraging steganography as an obfuscation technique to deliver a wide range of malware such as Agent Tesla, FormBook, Remcos RAT, LokiBot, GuLoader, Snake Keylogger, and XWorm, among others. "The group made extensive use of steganography by sending VBSs, PowerShell code, as well as RTF documents with an embedded exploit, inside images and text files," Russian cybersecurity company Positive Technologies  said  in a Monday report. The campaign has been codenamed SteganoAmor for its reliance on steganography and the choice of file names such as greatloverstory.vbs and easytolove.vbs. A majority of the attacks have targeted industrial, services, public, electric power, and construction sectors in Latin American countries, although companies located in Russia, Romania, and Turkey have also been singled out. The development comes as TA558 has also been spotted  deploying Venom RAT  via phishing attacks aimed at enterprise
Muddled Libra Shifts Focus to SaaS and Cloud for Extortion and Data Theft Attacks

Muddled Libra Shifts Focus to SaaS and Cloud for Extortion and Data Theft Attacks

Apr 15, 2024 Cloud Security /SaaS Security
The threat actor known as  Muddled Libra  has been observed actively targeting software-as-a-service (SaaS) applications and cloud service provider (CSP) environments in a bid to exfiltrate sensitive data. "Organizations often store a variety of data in SaaS applications and use services from CSPs," Palo Alto Networks Unit 42  said  in a report published last week. "The threat actors have begun attempting to leverage some of this data to assist with their attack progression, and to use for extortion when trying to monetize their work." Muddled Libra, also called Scatter Swine, Scattered Spider, Starfraud, and UNC3944, is a notorious cybercriminal group that has leveraged sophisticated social engineering techniques to gain initial access to target networks.  "Scattered Spider threat actors have historically evaded detection on target networks by using living off the land techniques and allowlisted applications to navigate victim networks, as well as frequen
Popular Rust Crate liblzma-sys Compromised with XZ Utils Backdoor Files

Popular Rust Crate liblzma-sys Compromised with XZ Utils Backdoor Files

Apr 12, 2024 Supply Chain Attack / Threat Intelligence
"Test files" associated with the  XZ Utils backdoor  have made their way to a Rust crate known as  liblzma-sys , new  findings  from Phylum reveal. liblzma-sys, which has been downloaded over 21,000 times to date, provides Rust developers with bindings to the liblzma implementation, an underlying library that is part of the  XZ Utils  data compression software. The impacted version in question is 0.3.2. "The current distribution (v0.3.2) on Crates.io contains the test files for XZ that contain the backdoor," Phylum  noted  in a GitHub issue raised on April 9, 2024. "The test files themselves are not included in either the .tar.gz nor the .zip tags  here on GitHub  and are only present in liblzma-sys_0.3.2.crate that is installed from Crates.io." Following responsible disclosure, the files in question ("tests/files/bad-3-corrupt_lzma2.xz" and "tests/files/good-large_compressed.lzma") have since been removed from liblzma-sys version
Raspberry Robin Returns: New Malware Campaign Spreading Through WSF Files

Raspberry Robin Returns: New Malware Campaign Spreading Through WSF Files

Apr 10, 2024 Cyber Crime / Malvertising
Cybersecurity researchers have discovered a new Raspberry Robin campaign wave that has been propagating the malware through malicious Windows Script Files ( WSFs ) since March 2024. "Historically, Raspberry Robin was known to spread through removable media like USB drives, but over time its distributors have experimented with other initial infection vectors," HP Wolf Security researcher Patrick Schläpfer  said  in a report shared with The Hacker News. Raspberry Robin, also called QNAP worm, was  first spotted  in September 2021 that has since  evolved into a downloader  for various other payloads in recent years, such as SocGholish, Cobalt Strike, IcedID, BumbleBee, and TrueBot, and also serving as a precursor for ransomware. While the malware was initially distributed by means of USB devices containing LNK files that retrieved the payload from a compromised QNAP device, it has since  adopted other methods  such as social engineering and malvertising. It's attribute
Google Sues App Developers Over Fake Crypto Investment App Scam

Google Sues App Developers Over Fake Crypto Investment App Scam

Apr 08, 2024 Investment Scam / Mobile Security
Google has filed a lawsuit in the U.S. against two app developers for allegedly engaging in an "international online consumer investment fraud scheme" that tricked users into downloading bogus Android apps from the Google Play Store and other sources and stealing their funds under the guise of promising higher returns. The individuals in question are Yunfeng Sun (aka Alphonse Sun) and Hongnam Cheung (aka Zhang Hongnim or Stanford Fischer), who are believed to be based in Shenzhen and Hong Kong, respectively. The defendants are said to have uploaded about 87 crypto apps to the Play Store to pull off the social engineering scam since at least 2019, with over 100,000 users downloading them and leading to substantial financial losses. "The gains conveyed by the apps were illusory," the tech giant said in its complaint. "And the scheme did not end there." "Instead, when individual victims attempted to withdraw their balances, defendants and their co
Vietnam-Based Hackers Steal Financial Data Across Asia with Malware

Vietnam-Based Hackers Steal Financial Data Across Asia with Malware

Apr 04, 2024 Malware / Cybercrime
A suspected Vietnamese-origin threat actor has been observed targeting victims in several Asian and Southeast Asian countries with malware designed to harvest valuable data since at least May 2023. Cisco Talos is tracking the cluster under the name  CoralRaider , describing it as financially motivated. Targets of the campaign include India, China, South Korea, Bangladesh, Pakistan, Indonesia, and Vietnam. "This group focuses on stealing victims' credentials, financial data, and social media accounts, including business and advertisement accounts," security researchers Chetan Raghuprasad and Joey Chen  said . "They use RotBot, a customized variant of Quasar RAT, and XClient stealer as payloads." Other commodity malware used by the group comprises a combination of remote access trojans and information stealers such as  AsyncRAT ,  NetSupport RAT , and Rhadamanthys . The targeting of business and advertisement accounts has been of particular focus for attacke
Malicious Apps Caught Secretly Turning Android Phones into Proxies for Cybercriminals

Malicious Apps Caught Secretly Turning Android Phones into Proxies for Cybercriminals

Apr 01, 2024 Botnet / Mobile Security
Several malicious Android apps that turn mobile devices running the operating system into residential proxies (RESIPs) for other threat actors have been observed on the Google Play Store. The findings come from HUMAN's Satori Threat Intelligence team, which said the cluster of VPN apps came fitted with a Golang library that transformed the user's device into a proxy node without their knowledge. The operation has been codenamed  PROXYLIB  by the company. The 29 apps in question have since been removed by Google. Residential proxies are a network of proxy servers sourced from real IP addresses provided by internet service providers (ISPs), helping users hide their actual IP addresses by routing their internet traffic through an intermediary server. The anonymity benefits aside, they are ripe for abuse by threat actors to not only obfuscate their origins, but also to conduct a wide range of attacks. "When a threat actor uses a residential proxy, the traffic from these
Hackers Target macOS Users with Malicious Ads Spreading Stealer Malware

Hackers Target macOS Users with Malicious Ads Spreading Stealer Malware

Mar 30, 2024 Malware / Cryptocurrency
Malicious ads and bogus websites are acting as a conduit to deliver two different stealer malware, including Atomic Stealer, targeting Apple macOS users. The ongoing infostealer attacks targeting macOS users may have adopted different methods to compromise victims' Macs, but operate with the end goal of stealing sensitive data, Jamf Threat Labs  said  in a report published Friday. One such attack chain targets users searching for Arc Browser on search engines like Google to serve bogus ads that redirect users to look-alike sites ("airci[.]net") that serve the malware. "Interestingly, the malicious website cannot be accessed directly, as it returns an error," security researchers Jaron Bradley, Ferdous Saljooki, and Maggie Zirnhelt said. "It can only be accessed through a generated sponsored link, presumably to evade detection." The disk image file downloaded from the counterfeit website ("ArcSetup.dmg") delivers  Atomic Stealer , which i
U.S. EPA Forms Task Force to Protect Water Systems from Cyberattacks

U.S. EPA Forms Task Force to Protect Water Systems from Cyberattacks

Mar 20, 2024 Critical Infrastructure / Network Security
The U.S. Environmental Protection Agency (EPA) said it's forming a new "Water Sector Cybersecurity Task Force" to devise methods to counter the threats faced by the water sector in the country. "In addition to considering the prevalent vulnerabilities of water systems to cyberattacks and the challenges experienced by some systems in adopting best practices, this Task Force in its deliberations would seek to build upon existing collaborative products," the EPA  said . In a letter sent to all U.S. Governors, EPA Administrator Michael Regan and National Security Advisor Jake Sullivan highlighted the need to secure water and wastewater systems (WWS) from cyber attacks that could disrupt access to clean and safe drinking water. At least two threat actors have been linked to intrusions targeting the nation's water systems, including those by an Iranian hacktivist group named  Cyber Av3ngers  as well as the China-linked  Volt Typhoon , which has targeted commu
Hackers Exploiting Popular Document Publishing Sites for Phishing Attacks

Hackers Exploiting Popular Document Publishing Sites for Phishing Attacks

Mar 19, 2024 Email Security / Social Engineering
Threat actors are leveraging digital document publishing (DDP) sites hosted on platforms like FlipSnack, Issuu, Marq, Publuu, RelayTo, and Simplebooklet for carrying out phishing, credential harvesting, and session token theft, once again underscoring how threat actors are  repurposing legitimate services  for malicious ends. "Hosting phishing lures on DDP sites increases the likelihood of a successful phishing attack, since these sites often have a favorable reputation, are unlikely to appear on web filter blocklists, and may instill a false sense of security in users who recognize them as familiar or legitimate," Cisco Talos researcher Craig Jackson  said  last week. While adversaries have used popular cloud-based services such as Google Drive, OneDrive, Dropbox, SharePoint, DocuSign, and Oneflow to host phishing documents in the past, the latest development marks an escalation designed to evade email security controls. DDP services allow users to upload and share PDF
New Phishing Attack Uses Clever Microsoft Office Trick to Deploy NetSupport RAT

New Phishing Attack Uses Clever Microsoft Office Trick to Deploy NetSupport RAT

Mar 19, 2024 Social Engineering / Email Security
A new phishing campaign is targeting U.S. organizations with the intent to deploy a remote access trojan called NetSupport RAT. Israeli cybersecurity company Perception Point is tracking the activity under the moniker  Operation PhantomBlu . "The PhantomBlu operation introduces a nuanced exploitation method, diverging from NetSupport RAT's typical delivery mechanism by leveraging OLE (Object Linking and Embedding) template manipulation, exploiting Microsoft Office document templates to execute malicious code while evading detection," security researcher Ariel Davidpur  said . NetSupport RAT is a  malicious offshoot  of a legitimate remote desktop tool known as NetSupport Manager, allowing threat actors to conduct a spectrum of data gathering actions on a compromised endpoint. The starting point is a salary-themed phishing email that purports to be from the accounting department and urges recipients to open the attached Microsoft Word document to view the "monthly
New Python-Based Snake Info Stealer Spreading Through Facebook Messages

New Python-Based Snake Info Stealer Spreading Through Facebook Messages

Mar 07, 2024 Vulnerability / Information Stealer
Facebook messages are being used by threat actors to distribute a Python-based information stealer dubbed Snake that's designed to capture credentials and other sensitive data. "The credentials harvested from unsuspecting users are transmitted to different platforms such as Discord, GitHub, and Telegram," Cybereason researcher Kotaro Ogino  said  in a technical report. Details about the campaign  first emerged  on the social media platform X in August 2023. The attacks entail sending prospective users seemingly innocuous RAR or ZIP archive files that, upon opening, activate the infection sequence. The intermediate stages involve two downloaders – a batch script and a cmd script – with the latter responsible for downloading and executing the information stealer from an actor-controlled GitLab repository. Cybereason said it detected three different variants of the stealer, the third one being an executable assembled by PyInstaller. The malware, for its part, is designed to gather d
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