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Cybersecurity researchers are warning of "massive phishing campaigns" that distribute five different malware targeting banking users in India. "The bank customers targeted include account subscribers of seven banks, including some of the most well-known banks located in the country and potentially affecting millions of customers," Trend Micro  said  in a report published this week. Some of the targeted banks include Axis Bank, ICICI Bank, and the State Bank of India (SBI), among others. The infection chains all have a common entry point in that they rely on SMS messages containing a phishing link that urge potential victims to enter their personal details and credit card information to supposedly get a tax refund or gain credit card reward points. The smishing attacks, which deliver Elibomi, FakeReward, AxBanker, IcRAT, and IcSpy, are just the latest in a series of similar rewards-themed malware campaigns that have been documented by  Microsoft, Cyble , and  K...

A previously undocumented threat actor has been identified as behind a string of attacks targeting fuel, energy, and aviation production industries in Russia, the U.S., India, Nepal, Taiwan, and Japan with the goal of stealing data from compromised networks. Cybersecurity company Positive Technologies dubbed the advanced persistent threat (APT) group ChamelGang — referring to their chameleellonic capabilities, including disguising "its malware and network infrastructure under legitimate services of Microsoft, TrendMicro, McAfee, IBM, and Google."  "To achieve their goal, the attackers used a trending penetration method—supply chain," the researchers  said  of one of the incidents investigated by the firm. "The group compromised a subsidiary and penetrated the target company's network through it. Trusted relationship attacks are rare today due to the complexity of their execution. Using this method […], the ChamelGang group was able to achieve its goal a...

IT leaders know the drill—regulators and cyber insurers demand regular network penetration testing to keep the bad guys out. But here's the thing: hackers don't wait around for compliance schedules. Most companies approach network penetration testing on a set schedule, with the most common frequency being twice a year (29%), followed by three to four times per year (23%) and once per year (20%), according to the Kaseya Cybersecurity Survey Report 2024 . Compliance-focused testing can catch vulnerabilities that exist at the exact time of testing, but it's not enough to stay ahead of attackers in a meaningful way. Why More Frequent Testing Makes Sense When companies test more often, they're not just checking a box for compliance—they're actually protecting their networks. The Kaseya survey also points out that the top drivers for network penetration testing are: Cybersecurity Control and Validation (34%) – ensuring the security controls work and vulnerabilities are minimized. Re...