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Watch Out! Cryptocurrency Miners Targeting Dockers, AWS and Alibaba Cloud

Watch Out! Cryptocurrency Miners Targeting Dockers, AWS and Alibaba Cloud
Apr 22, 2022
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 suspends deal with Alibaba for not sharing Log4j 0-day first with the government

China suspends deal with Alibaba for not sharing Log4j 0-day first with the government
Dec 22, 2021
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

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024
Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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