Cybercrime | Breaking Cybersecurity News | The Hacker News

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

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

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 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

Cybersecurity researchers have shed light on a new digital skimmer campaign that leverages Unicode obfuscation techniques to conceal a skimmer dubbed Mongolian Skimmer. "At first glance, the thing that stood out was the script's obfuscation, which seemed a bit bizarre because of all the accented characters," Jscrambler researchers said in an analysis. "The heavy use of Unicode characters, many of them invisible, does make the code very hard to read for humans." The script, at its core, has been found to leverage JavaScript's capability to use any Unicode character in identifiers to hide the malicious functionality. The end goal of the malware is to steal sensitive data entered on e-commerce checkout or admin pages, including financial information, which are then exfiltrated to an attacker-controlled server. The skimmer, which typically manifests in the form of an inline script on compromised sites that fetches the actual payload from an external serv

Google on Wednesday announced a new partnership with the Global Anti-Scam Alliance ( GASA ) and DNS Research Federation ( DNS RF ) to combat online scams . The initiative, which has been codenamed the Global Signal Exchange ( GSE ), is designed to create real-time insights into scams, fraud, and other forms of cybercrime pooling together threat signals from different data sources in order to create more visibility into the facilitators of cybercrime. "By joining forces and establishing a centralized platform, GSE aims to improve the exchange of abuse signals, enabling faster identification and disruption of fraudulent activities across various sectors, platforms and services," Google said in a blog post shared with The Hacker News. "The goal is to create a user-friendly, efficient solution that operates at an internet-scale, and is accessible to qualifying organizations, with GASA and the DNS Research Federation managing access." The tech giant said it has sh

Users searching for game cheats are being tricked into downloading a Lua-based malware that is capable of establishing persistence on infected systems and delivering additional payloads. "These attacks capitalize on the popularity of Lua gaming engine supplements within the student gamer community," Morphisec researcher Shmuel Uzan said in a new report published today, adding "this malware strain is highly prevalent across North America, South America, Europe, Asia, and even Australia." Details about the campaign were first documented by OALabs in March 2024, in which users were lured into downloading a malware loader written in Lua by exploiting a quirk in GitHub to stage malicious payloads. McAfee Labs, in a subsequent analysis , detailed threat actors' use of the same technique to deliver a variant of the RedLine information stealer by hosting the malware-bearing ZIP archives within legitimate Microsoft repositories. "We disabled user accounts an

Is your store at risk? Discover how an innovative web security solution saved one global online retailer and its unsuspecting customers from an "evil twin" disaster. Read the full real-life case study here . The Invisible Threat in Online Shopping When is a checkout page, not a checkout page? When it's an "evil twin"! Malicious redirects can send unsuspecting shoppers to these perfect-looking fake checkout pages and steal their payment information, so could your store be at risk too? Discover how an innovative web security solution saved one global online retailer and its unsuspecting customers from an "evil twin" disaster. (You can read the full case study here ) Anatomy of an Evil Twin Attack In today's fast-paced world of online shopping, convenience often trumps caution. Shoppers quickly move through product selection to checkout, rarely scrutinizing the process. This lack of attention creates an opportunity for cybercriminals to exploit. The Deceptive Redirect The

Cybersecurity researchers have discovered a new botnet malware family called Gorilla (aka GorillaBot) that draws its inspiration from the leaked Mirai botnet source code. Cybersecurity firm NSFOCUS, which identified the activity last month, said the botnet "issued over 300,000 attack commands, with a shocking attack density" between September 4 and September 27, 2024. No less than 20,000 commands designed to mount distributed denial-of-service (DDoS) attacks have been issued from the botnet every day on average. The botnet is said to have targeted more than 100 countries, attacking universities, government websites, telecoms, banks, gaming, and gambling sectors. China, the U.S., Canada, and Germany have emerged as the most attacked countries. The Beijing-headquartered company said Gorilla primarily uses UDP flood , ACK BYPASS flood, Valve Source Engine (VSE) flood , SYN flood , and ACK flood to conduct the DDoS attacks, adding the connectionless nature of the UDP prot

Ever heard of a "pig butchering" scam? Or a DDoS attack so big it could melt your brain? This week's cybersecurity recap has it all – government showdowns, sneaky malware, and even a dash of app store shenanigans. Get the scoop before it's too late! ⚡ Threat of the Week Double Trouble: Evil Corp & LockBit Fall : A consortium of international law enforcement agencies took steps to arrest four people and take down nine servers linked to the LockBit (aka Bitwise Spider) ransomware operation. In tandem, authorities outed a Russian national named Aleksandr Ryzhenkov, who was one of the high-ranking members of the Evil Corp cybercrime group and also a LockBit affiliate. A total of 16 individuals who were part of Evil Corp have been sanctioned by the U.K. 🔔 Top News DoJ & Microsoft Seize 100+ Russian Hacker Domains: The U.S. Department of Justice (DoJ) and Microsoft announced the seizure of 107 internet domains used by a Russian state-sponsored threat a

Microsoft and the U.S. Department of Justice (DoJ) on Thursday announced the seizure of 107 internet domains used by state-sponsored threat actors with ties to Russia to facilitate computer fraud and abuse in the country. "The Russian government ran this scheme to steal Americans' sensitive information, using seemingly legitimate email accounts to trick victims into revealing account credentials," said Deputy Attorney General Lisa Monaco. The activity has been attributed to a threat actor called COLDRIVER , which is also known by the names Blue Callisto, BlueCharlie (or TAG-53), Calisto (alternately spelled Callisto), Dancing Salome, Gossamer Bear, Iron Frontier, Star Blizzard (formerly SEABORGIUM), TA446, and UNC4057. Active since at least 2012, the group is assessed to be an operational unit within Center 18 of the Russian Federal Security Service (FSB). In December 2023, the U.K. and U.S. governments sanctioned two members of the group – Aleksandrovich Peretyat

INTERPOL has announced the arrest of eight individuals in Côte d'Ivoire and Nigeria as part of a crackdown on phishing scams and romance cyber fraud. Dubbed Operation Contender 2.0, the initiative is designed to tackle cyber-enabled crimes in West Africa, the agency said. One such threat involved a large-scale phishing scam targeting Swiss citizens that resulted in financial losses to the tune of more than $1.4 million. The cybercriminals posed as buyers on small advertising websites and used QR codes to direct victims to fraudulent websites that mimicked a legitimate payment platform. This allowed victims to inadvertently enter personal information such as their credentials or card numbers. The perpetrators also impersonated the unnamed platform's customer service agents over the phone to further deceive them. As many as 260 scam reports are said to have been received by Swiss authorities between August 2023 and April 2024, prompting a collaborative investigation that

A new wave of international law enforcement actions has led to four arrests and the takedown of nine servers linked to the LockBit (aka Bitwise Spider) ransomware operation, marking the latest salvo against what was once a prolific financially motivated group. This includes the arrest of a suspected LockBit developer in France while on holiday outside of Russia, two individuals in the U.K. who allegedly supported an affiliate, and an administrator of a bulletproof hosting service in Spain used by the ransomware group, Europol said in a statement. In conjunction, authorities outed a Russian national named Aleksandr Ryzhenkov (aka Beverley, Corbyn_Dallas, G, Guester, and Kotosel) as one of the high-ranking members of the Evil Corp cybercrime group, while simultaneously painting him as a LockBit affiliate. Sanctions have also been announced against seven individuals and two entities linked to the e-crime gang. "The United States, in close coordination with our allies and part

A spear-phishing email campaign has been observed targeting recruiters with a JavaScript backdoor called More_eggs, indicating persistent efforts to single out the sector under the guise of fake job applications. "A sophisticated spear-phishing lure tricked a recruitment officer into downloading and executing a malicious file disguised as a resume, leading to a more_eggs backdoor infection," Trend Micro researchers Ryan Soliven, Maria Emreen Viray, and Fe Cureg said in an analysis. More_eggs, sold as a malware-as-a-service (MaaS), is a malicious software that comes with capabilities to siphon credentials, including those related to online bank accounts, email accounts, and IT administrator accounts. It's attributed to a threat actor called the Golden Chickens group (aka Venom Spider), and has been put to use by several other e-crime groups like FIN6 (aka ITG08 ), Cobalt, and Evilnum. Earlier this June, eSentire disclosed details of a similar attack that leverages

Cybersecurity researchers have disclosed that 5% of all Adobe Commerce and Magento stores have been hacked by malicious actors by exploiting a security vulnerability dubbed CosmicSting. Tracked as CVE-2024-34102 (CVSS score: 9.8), the critical flaw relates to an improper restriction of XML external entity reference (XXE) vulnerability that could result in remote code execution. The shortcoming, credited to a researcher named " spacewasp ," was patched by Adobe in June 2024. Dutch security firm Sansec, which has described CosmicSting as the "worst bug to hit Magento and Adobe Commerce stores in two years," said the e-commerce sites are being compromised at the rate of three to five per hour. The flaw has since come under widespread exploitation , prompting the U.S. Cybersecurity and Infrastructure Security Agency (CISA) to add it to the Known Exploited Vulnerabilities (KEV) catalog in mid-July 2024. Some of these attacks involve weaponizing the flaw to ste

The threat actors behind the Rhadamanthys information stealer have added new advanced features to the malware, including using artificial intelligence (AI) for optical character recognition (OCR) as part of what's called "Seed Phrase Image Recognition." "This allows Rhadamanthys to extract cryptocurrency wallet seed phrases from images, making it a highly potent threat for anyone dealing in cryptocurrencies," Recorded Future's Insikt Group said in an analysis of version 0.7.0 of the malware. "The malware can recognize seed phrase images on the client side and send them back to the command-and-control (C2) server for further exploitation." First discovered in the wild in September 2022, Rhadamanthys has emerged as one of the most potent information stealers that are advertised under the malware-as-a-service (MaaS) model, alongside Lumma and others. The malware continues to have an active presence despite suffering bans from underground forum