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Coinbase Employee Falls for SMS Scam in Cyber Attack, Limited Data Exposed

Coinbase Employee Falls for SMS Scam in Cyber Attack, Limited Data Exposed

Feb 21, 2023 Social Engineering / Cryptocurrency
Popular cryptocurrency exchange platform Coinbase disclosed that it experienced a cybersecurity attack that targeted its employees. The company  said  its "cyber controls prevented the attacker from gaining direct system access and prevented any loss of funds or compromise of customer information." The incident, which took place on February 5, 2023, resulted in the exposure of a "limited amount of data" from its directory, including employee names, e-mail addresses, and some phone numbers. As part of the attack, several employees were targeted in an SMS phishing campaign urging them to sign in to their company accounts to read an important message. One employee is said to have fallen for the scam, who entered their username and password in a fake login page set up by the threat actors to harvest the credentials. "After 'logging in,' the employee is prompted to disregard the message and thanked for complying," the company said. "What hap
Hackers Abused Microsoft's "Verified Publisher" OAuth Apps to Breach Corporate Email Accounts

Hackers Abused Microsoft's "Verified Publisher" OAuth Apps to Breach Corporate Email Accounts

Feb 01, 2023 Enterprise Security / Authentication
Microsoft on Tuesday said it took steps to disable fake Microsoft Partner Network (MPN) accounts that were used for creating malicious  OAuth  applications as part of a phishing campaign designed to breach organizations' cloud environments and steal email. "The applications created by these fraudulent actors were then used in a consent phishing campaign, which tricked users into granting permissions to the fraudulent apps," the tech giant  said . "This phishing campaign targeted a subset of customers primarily based in the U.K. and Ireland." Consent phishing is a  social engineering attack  wherein users are tricked into granting permissions to malicious cloud applications, which can then be weaponized to gain access to legitimate cloud services and sensitive user data. The Windows maker said it became aware of the campaign on December 15, 2022. It has since alerted affected customers via email, with the company noting that the threat actors abused the conse
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Uber Claims No Sensitive Data Exposed in Latest Breach… But There's More to This

Uber Claims No Sensitive Data Exposed in Latest Breach… But There's More to This

Sep 17, 2022
Uber, in an update, said there is "no evidence" that users' private information was compromised in a breach of its internal computer systems that was discovered late Thursday. "We have no evidence that the incident involved access to sensitive user data (like trip history)," the company  said . "All of our services including Uber, Uber Eats, Uber Freight, and the Uber Driver app are operational." The ride-hailing company also said it's brought back online all the internal software tools it took down previously as a precaution, reiterating it's notified law enforcement of the matter. It's not immediately clear if the incident resulted in the theft of any other information or how long the intruder was inside Uber's network. Uber has not provided more specifics of how the incident played out beyond saying its investigation and response efforts are ongoing. But independent security researcher Bill Demirkapi characterized the company
Iranian Hackers Target High-Value Targets in Nuclear Security and Genomic Research

Iranian Hackers Target High-Value Targets in Nuclear Security and Genomic Research

Sep 13, 2022
Hackers tied to the Iranian government have been targeting individuals specializing in Middle Eastern affairs, nuclear security, and genome research as part of a new social engineering campaign designed to hunt for sensitive information. Enterprise security firm Proofpoint attributed the targeted attacks to a threat actor named  TA453 , which broadly overlaps with cyber activities monitored under the monikers APT42, Charming Kitten, and Phosphorus. It all starts with a phishing email impersonating legitimate individuals at Western foreign policy research organizations that's ultimately designed to gather intelligence on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC). The sock puppet accounts include people from Pew Research Center, the Foreign Policy Research Institute (FRPI), the U.K.'s Chatham House, and the scientific journal Nature. The technique is said to have been deployed in mid-June 2022. However, what differentiates this from other phishing attacks
North Korea Hackers Spotted Targeting Job Seekers with macOS Malware

North Korea Hackers Spotted Targeting Job Seekers with macOS Malware

Aug 17, 2022
The North Korea-backed Lazarus Group has been observed targeting job seekers with malware capable of executing on Apple Macs with Intel and M1 chipsets. Slovak cybersecurity firm ESET linked it to a campaign dubbed " Operation In(ter)ception " that was first disclosed in June 2020 and involved using social engineering tactics to trick employees working in the aerospace and military sectors into opening decoy job offer documents. The latest attack is no different in that a job description for the Coinbase cryptocurrency exchange platform was used as a launchpad to drop a signed Mach-O executable. ESET's analysis comes from a sample of the binary that was uploaded to VirusTotal from Brazil on August 11, 2022. "Malware is compiled for both Intel and Apple Silicon," the company  said  in a series of tweets. "It drops three files: a decoy PDF document ' Coinbase_online_careers_2022_07.pdf ', a bundle  'FinderFontsUpdater.app ,' and a downloa
[White Paper] Social Engineering: What You Need to Know to Stay Resilient

[White Paper] Social Engineering: What You Need to Know to Stay Resilient

May 11, 2022
Security and IT teams are losing sleep as would-be intruders lay siege to the weakest link in any organization's digital defense: employees. By preying on human emotion, social engineering scams inflict billions of dollars of damage with minimal planning or expertise. Cybercriminals find it easier to manipulate people before resorting to technical "hacking" tactics. Recent research reveals that social engineering is leveraged in 98% of attacks. As the rapid, ongoing acceleration of remote work raises the stakes, security leaders are fighting back with education and awareness. Resources developed by experts, like this new white paper — " Social Engineering: What You Need to Know to Stay Resilient " — identify the most common tactics, track how these types of attacks are evolving, and provide tips to protect organizations and their end-users. These insights not only inform security practitioners of the latest tactics and emerging threats, but help employees unde
Hamas-linked Hackers Targeting High-Ranking Israelis Using 'Catfish' Lures

Hamas-linked Hackers Targeting High-Ranking Israelis Using 'Catfish' Lures

Apr 07, 2022
A threat actor with affiliations to the cyber warfare division of Hamas has been linked to an "elaborate campaign" targeting high-profile Israeli individuals employed in sensitive defense, law enforcement, and emergency services organizations. "The campaign operators use sophisticated social engineering techniques, ultimately aimed to deliver previously undocumented backdoors for Windows and Android devices," cybersecurity company Cybereason  said  in a Wednesday report. "The goal behind the attack was to extract sensitive information from the victims' devices for espionage purposes." The monthslong intrusions, codenamed " Operation Bearded Barbie ," have been attributed to an Arabic-speaking and politically-motivated group called Arid Viper, which operates out of the Middle East and is also known by the monikers APT-C-23 and Desert Falcon. Most recently, the threat actor was  held responsible  for attacks aimed at Palestinian activists
'CryptoRom' Crypto Scam Abusing iPhone Features to Target Mobile Users

'CryptoRom' Crypto Scam Abusing iPhone Features to Target Mobile Users

Mar 21, 2022
Social engineering attacks leveraging a combination of romantic lures and cryptocurrency fraud have been deceiving unsuspecting victims into installing fake apps by taking advantage of legitimate iOS features like TestFlight and Web Clips. Cybersecurity company Sophos, which has named the organized crime campaign " CryptoRom ," characterized it as a wide-ranging global scam. "This style of cyber-fraud, known as sha zhu pan (杀猪盘) — literally 'pig butchering plate' — is a well-organized, syndicated scam operation that uses a combination of often romance-centered social engineering and fraudulent financial applications and websites to ensnare victims and steal their savings after gaining their confidence," Sophos analyst Jagadeesh Chandraiah  said  in a report published last week. The campaign works by approaching potential targets through dating apps like Bumble, Tinder, Facebook Dating, and Grindr, before moving the conversation to messaging apps such as
Types of Penetration Testing

Types of Penetration Testing

Nov 08, 2021
If you are thinking about performing a penetration test on your organization, you might be interested in learning about the different types of tests available. With that knowledge, you'll be better equipped to define the scope for your project, hire the right expert and, ultimately, achieve your security objectives. What is penetration testing? Penetration testing, commonly referred to as "pen testing," is a technique that simulates real-life attacks on your IT systems to find weaknesses that could be exploited by hackers. Whether to comply with security regulations such as ISO 27001, gain customer and 3rd party trust, or achieve your own peace of mind, penetration testing is an effective method used by modern organizations to strengthen their cyber security posture and prevent data breaches.  Read about the different types of penetration testing to find out which type you can benefit from the most: Network penetration testing As the name suggests, a network penetra
Verify End-Users at the Helpdesk to Prevent Social Engineering Cyber Attack

Verify End-Users at the Helpdesk to Prevent Social Engineering Cyber Attack

Oct 11, 2021
Although organizations commonly go to great lengths to address security vulnerabilities that may exist within their IT infrastructure, an organization's helpdesk might pose a bigger threat due to social engineering attacks. Social engineering is "the art of manipulating people so they give up confidential information," according to  Webroot . There are many different types of social engineering schemes but one is area of vulnerability is how social engineering might be used against a helpdesk technician to steal a user's credentials. The Process of Gaining Access With Social Engineering The first step in such an attack is usually for the attacker to gather information about the organization that they are targeting. The attacker might start by using information that is freely available on the Internet to figure out who within the organization is most likely to have elevated permissions or access to sensitive information. An attacker can often get this information
Malicious Ads Target Cryptocurrency Users With Cinobi Banking Trojan

Malicious Ads Target Cryptocurrency Users With Cinobi Banking Trojan

Aug 17, 2021
A new social engineering-based malvertising campaign targeting Japan has been found to deliver a malicious application that deploys a banking trojan on compromised Windows machines to steal credentials associated with cryptocurrency accounts. The application masquerades as an animated porn game, a reward points application, or a video streaming application, Trend Micro researchers Jaromir Horejsi and Joseph C Chen  said  in an analysis published last week, attributing the operation to a threat actor it tracks as Water Kappa, which was  previously found  targeting Japanese online banking users with the Cinobi trojan by leveraging exploits in Internet Explorer browser. The switch in tactics is an indicator that the adversary is singling out users of web browsers other than Internet Explorer, the researchers added. Water Kappa's latest infection routine commences with malvertisements for either Japanese animated porn games, reward points apps, or video streaming services, with t
SMB Cybersecurity Catching Up to Enterprise… But the Human Element Still a Major Concern

SMB Cybersecurity Catching Up to Enterprise… But the Human Element Still a Major Concern

Sep 07, 2020
Cyberattacks on small to medium-sized businesses (SMBs) are continuing at a relentless pace, with the vast majority of data breaches coming from outside the organization . Some believe hackers are aggressively targeting these smaller firms because they believe SMBs lack adequate resources and enterprise-grade security tools, making them easier prey than larger businesses. A new report from Cisco, however, challenges this assumption. SMBs have made significant strides enhancing their security protocols and are closing the gap with their bigger counterparts. The report notes 87 percent of SMB business owners rank security a top priority, and more than 99 percent have a dedicated resource focusing on security. SMBs are also becoming more diligent about defining metrics to assess their security effectiveness and implementing security controls and tools at rates similar to large enterprises. No doubt, the emergence of security solutions developed specifically for SMBs is support
A New Flaw In Zoom Could Have Let Fraudsters Mimic Organisations

A New Flaw In Zoom Could Have Let Fraudsters Mimic Organisations

Jul 16, 2020
In a report shared with The Hacker News, researchers at cybersecurity firm CheckPoint today disclosed details of a minor but easy-to-exploit flaw they reported in Zoom, the highly popular and widely used video conferencing software. The latest Zoom flaw could have allowed attackers mimic an organization, tricking its employees or business partners into revealing personal or other confidential information using social engineering tricks. We know, social engineering attacks may sound a bit boring, but someone used the same to put Twitter on fire just last night when hundreds of high-profile Twitter accounts were hacked to promote a cryptocurrency scam, all thanks to an employee's compromised internal tooling account. The said vulnerability resides in Zoom's customizable URL feature dubbed Vanity URL, aiming to let companies create a custom URL on its subdomain and branded landing page, such as " yourcompany.zoom.us, " where the invitation link to a meeting then
Hackers Target Military and Aerospace Staff by Posing as HRs Offering Jobs

Hackers Target Military and Aerospace Staff by Posing as HRs Offering Jobs

Jun 17, 2020
Cybersecurity researchers today took the wraps off a new sophisticated cyber-espionage campaign directed against aerospace and military organizations in Europe and the Middle East with an aim to spy on key employees of the targeted firms and, in some case, even to siphon money. The campaign, dubbed " Operation In(ter)ception " because of a reference to "Inception" in the malware sample, took place between September to December 2019, according to a new report cybersecurity firm ESET shared with The Hacker News. "The primary goal of the operation was espionage," the researchers told The Hacker News. "However, in one of the cases we investigated, the attackers tried to monetize access to a victim's email account through a business email compromise (BEC) attack as the final stage of the operation." The financial motivation behind the attacks, coupled with similarities in targeting and development environment, have led ESET to suspect Laz
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