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FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation

FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation

Oct 12, 2024 Cryptocurrency / Cybercrime
The U.S. Department of Justice (DoJ) has announced arrests and charges against several individuals and entities in connection with allegedly manipulating digital asset markets as part of a widespread fraud operation. The law enforcement action – codenamed Operation Token Mirrors – is the result of the U.S. Federal Bureau of Investigation (FBI) taking the "unprecedented step" of creating its own cryptocurrency token and company called NexFundAI . NexFundAI, as per information on the website, was marketed as redefining the "intersection between finance and artificial intelligence" and that its aim was to "create a cryptocurrency token that not only serves as a secure store of value but also acts as a catalyst for positive change in the world of AI." "Three market makers — ZM Quant, CLS Global, and MyTrade — along with their employees are charged with allegedly wash trading and/or conspiring to wash trade on behalf of NexFundAI, a cryptocurrency co
GitHub, Telegram Bots, and ASCII QR Codes Abused in New Wave of Phishing Attacks

GitHub, Telegram Bots, and ASCII QR Codes Abused in New Wave of Phishing Attacks

Oct 11, 2024 Malware / Financial Security
A new tax-themed malware campaign targeting insurance and finance sectors has been observed leveraging GitHub links in phishing email messages as a way to bypass security measures and deliver Remcos RAT, indicating that the method is gaining traction among threat actors. "In this campaign, legitimate repositories such as the open-source tax filing software, UsTaxes, HMRC, and InlandRevenue were used instead of unknown, low-star repositories," Cofense researcher Jacob Malimban said . "Using trusted repositories to deliver malware is relatively new compared to threat actors creating their own malicious GitHub repositories. These malicious GitHub links can be associated with any repository that allows comments." Central to the attack chain is the abuse of GitHub infrastructure for staging the malicious payloads. One variation of the technique, first disclosed by OALABS Research in March 2024, involves threat actors opening a GitHub issue on well-known repositories
How Hybrid Password Attacks Work and How to Defend Against Them

How Hybrid Password Attacks Work and How to Defend Against Them

Oct 11, 2024 Phishing Protection / Password Security
Threat actors constantly change tactics to bypass cybersecurity measures, developing innovative methods to steal user credentials. Hybrid password attacks merge multiple cracking techniques to amplify their effectiveness. These combined approaches exploit the strengths of various methods, accelerating the password-cracking process.  In this post, we'll explore hybrid attacks — what they are and the most common types. We'll also discuss how your organization can defend against them. The blended approach of hybrid attacks Threat actors are always looking for better, more successful ways to crack passwords — and hybrid attacks allow them to combine two different hacking techniques into a single attack. By integrating attack methodologies, they can take advantage of the strengths associated with each method, increasing their chances of success. And hybrid attacks aren't just limited to cracking passwords. Cybercriminals regularly combine technical cyberattacks with other tactics, like
cyber security

The State of SaaS Security 2024 Report

websiteAppOmniSaaS Security / Data Security
Learn the latest SaaS security trends and discover how to boost your cyber resilience. Get your free…
CISA Warns of Threat Actors Exploiting F5 BIG-IP Cookies for Network Reconnaissance

CISA Warns of Threat Actors Exploiting F5 BIG-IP Cookies for Network Reconnaissance

Oct 11, 2024 Vulnerability / Network Security
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is warning that it has observed threat actors leveraging unencrypted persistent cookies managed by the F5 BIG-IP Local Traffic Manager (LTM) module to conduct reconnaissance of target networks. It said the module is being used to enumerate other non-internet-facing devices on the network. The agency, however, did not disclose who is behind the activity, or what the end goals of the campaign are. "A malicious cyber actor could leverage the information gathered from unencrypted persistence cookies to infer or identify additional network resources and potentially exploit vulnerabilities found in other devices present on the network," CISA said in an advisory. It has also recommended organizations encrypt persistent cookies employed in F5 BIG-IP devices by configuring cookie encryption within the HTTP profile. Furthermore, it's urging users to verify the protection of their systems by running a diagnostic
New Critical GitLab Vulnerability Could Allow Arbitrary CI/CD Pipeline Execution

New Critical GitLab Vulnerability Could Allow Arbitrary CI/CD Pipeline Execution

Oct 11, 2024 DevOps / Vulnerability
GitLab has released security updates for Community Edition (CE) and Enterprise Edition (EE) to address eight security flaws, including a critical bug that could allow running Continuous Integration and Continuous Delivery (CI/CD) pipelines on arbitrary branches. Tracked as CVE-2024-9164, the vulnerability carries a CVSS score of 9.6 out of 10. "An issue was discovered in GitLab EE affecting all versions starting from 12.5 prior to 17.2.9, starting from 17.3, prior to 17.3.5, and starting from 17.4 prior to 17.4.2, which allows running pipelines on arbitrary branches," GitLab said in an advisory. Of the remaining seven issues, four are rated high, two are rated medium, and one is rated low in severity - CVE-2024-8970 (CVSS score: 8.2), which allows an attacker to trigger a pipeline as another user under certain circumstances CVE-2024-8977 (CVSS score: 8.2), which allows SSRF attacks in GitLab EE instances with Product Analytics Dashboard configured and enabled CVE-
Bohemia and Cannabia Dark Web Markets Taken Down After Joint Police Operation

Bohemia and Cannabia Dark Web Markets Taken Down After Joint Police Operation

Oct 11, 2024 Cybercrime / Dark Web
The Dutch police have announced the takedown of Bohemia and Cannabia, which has been described as the world's largest and longest-running dark web market for illegal goods, drugs, and cybercrime services. The takedown is the result of a collaborative investigation with Ireland, the United Kingdom, and the United States that began towards the end of 2022, the Politie said. The marketplace discontinued its operations in late 2023 following reports of service disruptions and exit scams after one of its developers allegedly went rogue in what was characterized by one of the administrators as a "shameful and disgruntled set of events." Bohemia is said to have served 82,000 ads worldwide every day, with about 67,000 transactions taking place each month. In September 2023 alone, the estimated turnover was €12 million. "Some of the sellers in the market advertised shipping from the Netherlands," the Politie said . "An initial analysis shows that at least 14
How to Get Going with CTEM When You Don't Know Where to Start

How to Get Going with CTEM When You Don't Know Where to Start

Oct 04, 2024Vulnerability Management / Security Posture
Continuous Threat Exposure Management (CTEM) is a strategic framework that helps organizations continuously assess and manage cyber risk. It breaks down the complex task of managing security threats into five distinct stages: Scoping, Discovery, Prioritization, Validation, and Mobilization. Each of these stages plays a crucial role in identifying, addressing, and mitigating vulnerabilities - before they can be exploited by attackers.  On paper, CTEM sounds great . But where the rubber meets the road – especially for CTEM neophytes - implementing CTEM can seem overwhelming. The process of putting CTEM principles into practice can look prohibitively complex at first. However, with the right tools and a clear understanding of each stage, CTEM can be an effective method for strengthening your organization's security posture.  That's why I've put together a step-by-step guide on which tools to use for which stage. Want to learn more? Read on… Stage 1: Scoping  When you're defin
OpenAI Blocks 20 Global Malicious Campaigns Using AI for Cybercrime and Disinformation

OpenAI Blocks 20 Global Malicious Campaigns Using AI for Cybercrime and Disinformation

Oct 10, 2024 Cybercrime / Disinformation
OpenAI on Wednesday said it has disrupted more than 20 operations and deceptive networks across the world that attempted to use its platform for malicious purposes since the start of the year. This activity encompassed debugging malware, writing articles for websites, generating biographies for social media accounts, and creating AI-generated profile pictures for fake accounts on X. "Threat actors continue to evolve and experiment with our models, but we have not seen evidence of this leading to meaningful breakthroughs in their ability to create substantially new malware or build viral audiences," the artificial intelligence (AI) company said . It also said it disrupted activity that generated social media content related to elections in the U.S., Rwanda, and to a lesser extent India and the European Union, and that none of these networks attracted viral engagement or sustained audiences. This included efforts undertaken by an Israeli commercial company named STOIC (als
Experts Warn of Critical Unpatched Vulnerability in Linear eMerge E3 Systems

Experts Warn of Critical Unpatched Vulnerability in Linear eMerge E3 Systems

Oct 10, 2024 Vulnerability / Enterprise Security
Cybersecurity researchers are warning about an unpatched vulnerability in Nice Linear eMerge E3 access controller systems that could allow for the execution of arbitrary operating system (OS) commands. The flaw, assigned the CVE identifier CVE-2024-9441 , carries a CVSS score of 9.8 out of a maximum of 10.0, according to VulnCheck . "A vulnerability in the Nortek Linear eMerge E3 allows remote unauthenticated attackers to cause the device to execute arbitrary command," SSD Disclosure said in an advisory for the flaw released late last month, stating the vendor has yet to provide a fix or a workaround. The flaw impacts the following versions of Nortek Linear eMerge E3 Access Control: 0.32-03i, 0.32-04m, 0.32-05p, 0.32-05z, 0.32-07p, 0.32-07e, 0.32-08e, 0.32-08f, 0.32-09c, 1.00.05, and 1.00.07. Proof-of-concept (PoC) exploits for the flaw have been released following public disclosure, raising concerns that it could be exploited by threat actors. It's worth noting
6 Simple Steps to Eliminate SOC Analyst Burnout

6 Simple Steps to Eliminate SOC Analyst Burnout

Oct 10, 2024 AI Automation / Threat Response
The current SOC model relies on a scarce resource: human analysts. These professionals are expensive, in high demand, and increasingly difficult to retain. Their work is not only highly technical and high-risk, but also soul-crushingly repetitive, dealing with a constant flood of alerts and incidents. As a result, SOC analysts often leave in search of better pay, the opportunity to move beyond the SOC into more rewarding roles, or simply to take much-needed breaks. This high churn rate puts the SOC in a vulnerable position, jeopardizing the overall effectiveness of cybersecurity operations. To keep your team resilient and maintain operational efficiency, it's essential to take proactive steps to reduce burnout and improve retention. Here are five strategies that can make a difference. Why Analyst Burnout Matters More Than Ever SOC analyst burnout is becoming a critical issue as the cybersecurity landscape evolves. Security Operations Centers (SOCs) face a growing number of daily al
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