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Chinese security firm Qihoo 360 Netlab said it partnered with tech giant Baidu to disrupt a malware botnet infecting over hundreds of thousands of systems. The botnet was traced back to a group it calls ShuangQiang (also called Double Gun ), which has been behind several attacks since 2017 aimed at compromising Windows computers with MBR and VBR bootkits , and installing malicious drivers for financial gain and hijack web traffic to e-commerce sites. In addition to using images uploaded to Baidu Tieba to distribute configuration files and malware — a technique called steganography — the group has begun using Alibaba Cloud storage to host configuration files and Baidu's analytics platform Tongji to manage the activity of its infected hosts, the researchers said. The initial compromise relies on luring unsuspecting users to install game launching software from sketchy game portals that contain malicious code under the guise of a patch. Once the user downloads and inst...

Although the wave of WannaCry and Petya ransomware has now been slowed down, money-motivated hackers and cyber criminals have taken lessons from the global outbreaks to make their malware more powerful. Security researchers have now discovered at least one group of cyber criminals that are attempting to give its banking Trojan the self-spreading worm-like capabilities that made recent ransomware attacks go worldwide. The new version of credential stealing TrickBot banking Trojan, known as " 1000029 " ( v24 ), has been found using the Windows Server Message Block (SMB)—that allowed WannaCry and Petya to spread across the world quickly. TrickBot is a banking Trojan malware that has been targeting financial institutions across the world since last year. The Trojan generally spreads via email attachments impersonating invoices from a large unnamed "international financial institution," but actually leads victims to a fake login page used to steal credenti...

Are you using the cloud or thinking about transitioning? Undoubtedly, multi-cloud and hybrid environments offer numerous benefits for organizations. However, the cloud's flexibility, scalability, and efficiency come with significant risk — an expanded attack surface. The decentralization that comes with utilizing multi-cloud environments can also lead to limited visibility into user activity and poor access management.  Privileged accounts with access to your critical systems and sensitive data are among the most vulnerable elements in cloud setups. When mismanaged, these accounts open the doors to unauthorized access, potential malicious activity, and data breaches. That's why strong privileged access management (PAM) is indispensable. PAM plays an essential role in addressing the security challenges of complex infrastructures by enforcing strict access controls and managing the life cycle of privileged accounts. By employing PAM in hybrid and cloud environments, you're not...