Alibaba Cloud | Breaking Cybersecurity News | The Hacker News

LemonDuck, a cross-platform cryptocurrency mining botnet, is targeting Docker to mine cryptocurrency on Linux systems as part of an active malware campaign. "It runs an anonymous mining operation by the use of proxy pools, which hide the wallet addresses," CrowdStrike  said  in a new report. "It evades detection by targeting Alibaba Cloud's monitoring service and disabling it." Known to strike both Windows and Linux environments, LemonDuck is primarily engineered for abusing the system resources to mine Monero. But it's also capable of credential theft, lateral movement, and facilitating the deployment of additional payloads for follow-on activities. "It uses a wide range of spreading mechanisms — phishing emails, exploits, USB devices, brute force, among others — and it has shown that it can quickly take advantage of news, events, or the release of new exploits to run effective campaigns," Microsoft  detailed  in a technical write-up of the ma

China's internet regulator, the Ministry of Industry and Information Technology (MIIT), has temporarily suspended a partnership with Alibaba Cloud, the cloud computing subsidiary of e-commerce giant Alibaba Group, for six months on account of the fact that it failed to promptly inform the government about a critical security vulnerability affecting the broadly used Log4j logging library. The development was disclosed by  Reuters  and  South China Morning Post , citing a report from 21st Century Business Herald, a Chinese business-news daily newspaper. "Alibaba Cloud did not immediately report vulnerabilities in the popular, open-source logging framework Apache Log4j2 to China's telecommunications regulator," Reuters said. "In response, MIIT suspended a cooperative partnership with the cloud unit regarding cybersecurity threats and information-sharing platforms." Tracked as  CVE-2021-44228  (CVSS score: 10.0) and codenamed  Log4Shell  or LogJam, the cat

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clients.