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Category — Geopolitical
U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions

U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions

Mar 26, 2024 Money Laundering / Digital Currency
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022. This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S Ogranichennoy Otvetstvennostyu Tsentr Obrabotki Elektronnykh Platezhey (TOEP). In all, the designations cover thirteen entities and two individuals operating in the Russian financial services and technology sectors. "Many of the individuals and entities designated today facilitated transactions or offered other services that helped OFAC-designated entities evade sanctions," the Treasury  said , adding the action seeks to "target companies servicing Russia's core financial infrastructure and curtail Russia's use of the international financial system to further its war against Ukraine." Bitpapa, which offers virtual currency excha...
China-Linked Group Breaches Networks via Connectwise, F5 Software Flaws

China-Linked Group Breaches Networks via Connectwise, F5 Software Flaws

Mar 22, 2024 Cyber Defense / Vulnerability
A China-linked threat cluster leveraged security flaws in Connectwise ScreenConnect and F5 BIG-IP software to deliver custom malware capable of delivering additional backdoors on compromised Linux hosts as part of an "aggressive" campaign. Google-owned Mandiant is  tracking  the activity under its uncategorized moniker  UNC5174  (aka Uteus or Uetus), describing it as a "former member of Chinese hacktivist collectives that has since shown indications of acting as a contractor for China's Ministry of State Security (MSS) focused on executing access operations." The threat actor is believed to have orchestrated widespread attacks against Southeast Asian and U.S. research and education institutions, Hong Kong businesses, charities and non-governmental organizations (NGOs), and U.S. and U.K. government organizations between October and November 2023, and again in February 2024 using the ScreenConnect bug. Initial access to target environments is facilitated by t...
Webinar: Learn How ASPM Transforms Application Security from Reactive to Proactive

Webinar: Learn How ASPM Transforms Application Security from Reactive to Proactive

Mar 07, 2025Software Security / AppSec
Are you tired of dealing with outdated security tools that never seem to give you the full picture? You're not alone. Many organizations struggle with piecing together scattered information, leaving your apps vulnerable to modern threats. That's why we're excited to introduce a smarter, unified approach: Application Security Posture Management (ASPM). ASPM brings together the best of both worlds by connecting your code insights with real-time runtime data. This means you get a clear, holistic view of your application's security. Instead of reacting to threats, ASPM helps you prevent them. Imagine reducing costly retrofits and emergency patches with a proactive, shift-left strategy—saving you time, money, and stress. Join Amir Kaushansky, Director of Product Management at Palo Alto Networks, as he walks you through how ASPM is changing the game. In this free webinar , you'll learn to: Close the Security Gaps: Understand why traditional AppSec tools fall short and how ASPM fills ...
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...
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