ransomware | Breaking Cybersecurity News | The Hacker News

Why does ICS/OT need specific controls and its own cybersecurity budget today? Because treating ICS/OT security with an IT security playbook isn't just ineffective—it's high risk. In the rapidly evolving domain of cybersecurity, the specific challenges and needs for Industrial Control Systems (ICS) and Operational Technology (OT) security distinctly stand out from traditional IT security. ICS/OT engineering systems, which power critical infrastructure such as electric power grids, oil and gas processing, heavy manufacturing, food and beverage processes, and water management facilities, require tailored cybersecurity strategies, and controls. This is due to the increasing attacks towards ICS/OT, their unique operational missions, a different risk surface than that of traditional IT networks, and the significant safety consequences from cyber incidents that impact the physical world. Critical infrastructure should be protected against today's threats to continue supporting national sa...

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Monday added a second security flaw impacting BeyondTrust Privileged Remote Access (PRA) and Remote Support (RS) products to the Known Exploited Vulnerabilities ( KEV ) catalog, citing evidence of active exploitation in the wild. The vulnerability in question is CVE-2024-12686 (CVSS score: 6.6), a medium-severity bug that could allow an attacker with existing administrative privileges to inject commands and run as a site user. "BeyondTrust Privileged Remote Access (PRA) and Remote Support (RS) contain an OS command injection vulnerability that can be exploited by an attacker with existing administrative privileges to upload a malicious file," CISA said. "Successful exploitation of this vulnerability can allow a remote attacker to execute underlying operating system commands within the context of the site user." The addition of CVE-2024-12686 to the KEV catalog comes nearly a month after it a...

As SaaS providers race to integrate AI into their product offerings to stay competitive and relevant, a new challenge has emerged in the world of AI: shadow AI.  Shadow AI refers to the unauthorized use of AI tools and copilots at organizations. For example, a developer using ChatGPT to assist with writing code, a salesperson downloading an AI-powered meeting transcription tool, or a customer support person using Agentic AI to automate tasks – without going through the proper channels. When these tools are used without IT or the Security team's knowledge, they often lack sufficient security controls, putting company data at risk. Shadow AI Detection Challenges Because shadow AI tools often embed themselves in approved business applications via AI assistants, copilots, and agents they are even more tricky to discover than traditional shadow IT. While traditional shadow apps can be identified through network monitoring methodologies that scan for unauthorized connections based on...

In 2024, ransomware attacks targeting VMware ESXi servers reached alarming levels, with the average ransom demand skyrocketing to $5 million. With approximately 8,000 ESXi hosts exposed directly to the internet (according to Shodan), the operational and business impact of these attacks is profound. Most of the Ransomware strands that are attacking ESXi servers nowadays, are variants of the infamous Babuk ransomware, adapted to avoid detection of security tools. Moreover, accessibility is becoming more widespread, as attackers monetize their entry points by selling Initial Access to other threat actors, including ransomware groups. As organizations are dealing with compounded threats on an ever-expanding front: new vulnerabilities, new entry points, monetized cyber-crime networks, and more, there is ever-growing urgency for enhanced security measures and vigilance. The architecture of ESXi Understanding how an attacker can gain control of the ESXi host begins with understanding the ...

The U.S. Department of Justice (DoJ) on Friday indicted three Russian nationals for their alleged involvement in operating the cryptocurrency mixing services Blender.io and Sinbad.io. Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik were arrested on December 1, 2024, in coordination with the Netherlands' Financial Intelligence and Investigative Service, Finland's National Bureau of Investigation, and the U.S. Federal Bureau of Investigation (FBI). It was not revealed from where they were apprehended. The third individual, Anton Vyachlavovich Tarasov, is still at large. The defendants have been accused of operating cryptocurrency mixers (aka tumblers) that served as safe havens for "laundering criminally derived funds," including the proceeds of ransomware and wire fraud, thereby allowing state-sponsored hacking groups and cybercriminals to profit off their malicious operations. Specifically, they allowed their paying users to send cryptocurrency to ...

Cybersecurity researchers have shed light on a nascent artificial intelligence (AI) assisted ransomware family called FunkSec that sprang forth in late 2024, and has claimed more than 85 victims to date. "The group uses double extortion tactics, combining data theft with encryption to pressure victims into paying ransoms," Check Point Research said in a new report shared with The Hacker News. "Notably, FunkSec demanded unusually low ransoms, sometimes as little as $10,000, and sold stolen data to third parties at reduced prices." FunkSec launched its data leak site (DLS) in December 2024 to "centralize" their ransomware operations, highlighting breach announcements, a custom tool to conduct distributed denial-of-service (DDoS) attacks, and a bespoke ransomware as part of a ransomware-as-a-service (RaaS) model. A majority of the victims are located in the U.S., India, Italy, Brazil, Israel, Spain, and Mongolia. Check Point's analysis of the group...