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The U.S. Treasury Department on Tuesday sanctioned Hydra, the same day German law enforcement authorities  disrupted  the world's largest and longest-running dark web marketplace following a coordinated operation in partnership with U.S. officials. The sanctions are part of an "international effort to disrupt proliferation of malicious cybercrime services, dangerous drugs, and other illegal offerings available through the Russia-based site," the Treasury Department  said  in a statement. Along with the sanctions, the Office of Foreign Assets Control (OFAC) disclosed a list of  more than 100 virtual currency addresses  that have been identified as associated with the entity's operations to conduct illicit transactions. The sanctions come as Germany's Federal Criminal Police Office shut down the online criminal marketplace that it said specialized in narcotics trade, seizing its servers and 543 bitcoins worth 23 million euros ($25.3 million). Hydra was ...

The notorious cybercrime group known as FIN7 has diversified its initial access vectors to incorporate software supply chain compromise and the use of stolen credentials, new research has revealed. "Data theft extortion or ransomware deployment following FIN7-attributed activity at multiple organizations, as well as technical overlaps, suggests that FIN7 actors have been associated with various ransomware operations over time," incident response firm Mandiant  said  in a Monday analysis. The cybercriminal group, since its emergence in the mid-2010s, has gained notoriety for large-scale malware campaigns targeting the point-of-sale (POS) systems aimed at restaurant, gambling, and hospitality industries with credit card-stealing malware. FIN7's shift in monetization strategy towards ransomware follows an October 2021 report from Recorded Future's Gemini Advisory unit, which  found  the adversary setting up a fake front company named Bastion Secure to recruit unwit...

Between a series of recent high-profile cybersecurity incidents and the heightened geopolitical tensions, there's rarely been a more dangerous cybersecurity environment. It's a danger that affects every organization – automated attack campaigns don't discriminate between targets. The situation is driven in large part due to a relentless rise in vulnerabilities, with tens of thousands of brand-new vulnerabilities discovered every year. For tech teams that are probably already under-resourced, guarding against this rising tide of threats is an impossible task. Yet, in the battle against cybercrime, some of the most effective and most sensible mitigations are sometimes neglected. In this article, we'll outline why cybersecurity risks have escalated so dramatically – and which easy wins your organization can make for a significant difference in your cybersecurity posture, right now. Recent major cyberattacks point to the danger Cyber security has arguably never been mo...

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...

Germany's Federal Criminal Police Office, the Bundeskriminalamt (BKA), on Tuesday announced the official takedown of Hydra, the world's largest illegal dark web marketplace that has cumulatively facilitated over $5 billion in Bitcoin transactions to date. "Bitcoins amounting to currently the equivalent of approximately €23 million were seized, which are attributed to the marketplace," the BKA said in a press release. Blockchain analytics firm Elliptic confirmed that the seizure occurred on April 5, 2022 in a series of 88 transactions totaling 543.3 BTC. The agency attributed the shutdown of Hydra to an extensive investigation operation conducted by its Central Office for Combating Cybercrime (ZIT) in partnership with U.S. law enforcement authorities that it said had been underway since August 2021. Launched in 2015, Hydra was a Russian-language darknet marketplace that opened as a competitor to the now-defunct Russian Anonymous Marketplace (aka RAMP), primarily...

A Chinese state-backed advanced persistent threat (APT) group known for singling out Japanese entities has been attributed to a new long-running espionage campaign targeting new geographies, suggesting a "widening" of the threat actor's targeting. The widespread intrusions, which are believed to have commenced at the earliest in mid-2021 and continued as recently as February 2022, have been tied to a group tracked as Cicada , which is also known as APT10, Stone Panda, Potassium, Bronze Riverside, or MenuPass Team. "Victims in this Cicada (aka APT10) campaign include government, legal, religious, and non-governmental organizations (NGOs) in multiple countries around the world, including in Europe, Asia, and North America," researchers from the Symantec Threat Hunter Team, part of Broadcom Software,  said  in a report shared with The Hacker News. "There is a strong focus on victims in the government and NGO sectors, with some of these organizations worki...

With the growth in digital transformation, the API management market is set to grow  by more than 30%   by the year 2025 as more businesses build web APIs and consumers grow to rely on them for everything from mobile apps to customized digital services. As part of strategic business planning, an API helps generate revenue by allowing customers access to the functionality of a website or computer program through custom applications. As more and more businesses are implementing APIs, the risk of API attacks increases. By 2022, Gartner predicted that API (Application Programming Interface) attacks would become the most common attack vector for enterprise web applications. Cybercriminals are targeting APIs more aggressively than ever before, and businesses must take a proactive approach to  API security  to combat this new aggression. API and The Business World With integrating APIs into modern IT environments, businesses are becoming increasingly data-driven...

Email marketing service Mailchimp on Monday revealed a data breach that resulted in the compromise of an internal tool to gain unauthorized access to customer accounts and stage phishing attacks.  The development was first  reported  by Bleeping Computer. The company, which was acquired by financial software firm Intuit in September 2021, told the publication that it became aware of the incident on March 26 when it became aware of a malicious party accessing the customer support tool. "The incident was propagated by an external actor who conducted a successful social engineering attack on Mailchimp employees, resulting in employee credentials being compromised," Siobhan Smyth, Mailchimp's chief information security officer, was quoted as saying. Although Mailchimp stated it acted quickly to terminate access to the breached employee account, the siphoned credentials were used to access 319 MailChimp accounts and further export the mailing lists pertaining to 102 acc...

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Monday added the recently disclosed remote code execution (RCE) vulnerability affecting the Spring Framework, to its  Known Exploited Vulnerabilities Catalog  based on "evidence of active exploitation." The critical severity flaw, assigned the identifier  CVE-2022-22965  (CVSS score: 9.8) and dubbed "Spring4Shell", impacts Spring model–view–controller (MVC) and Spring WebFlux applications running on Java Development Kit 9 and later. "Exploitation requires an endpoint with DataBinder enabled (e.g., a POST request that decodes data from the request body automatically) and depends heavily on the servlet container for the application," Praetorian researchers Anthony Weems and Dallas Kaman noted last week. Although exact details of in-the-wild abuse remain unclear, information security company SecurityScorecard  said  "active scanning for this vulnerability has been observed coming fro...

An Android spyware application has been spotted masquerading as a "Process Manager" service to stealthily siphon sensitive information stored in the infected devices. Interestingly, the app — that has the package name " com.remote.app " — establishes contact with a remote command-and-control server, 82.146.35[.]240, which has been previously identified as infrastructure belonging to the Russia-based hacking group known as  Turla . "When the application is run, a warning appears about the permissions granted to the application," Lab52 researchers  said . "These include screen unlock attempts, lock the screen, set the device global proxy, set screen lock password expiration, set storage encryption and disable cameras." Once the app is "activated," the malware removes its gear-shaped icon from the home screen and runs in the background, abusing its wide permissions to access the device's contacts and call logs, track its location,...

At least three different advanced persistent threat (APT) groups from across the world have launched spear-phishing campaigns in mid-March 2022 using the ongoing Russo-Ukrainian war as a lure to distribute malware and steal sensitive information. The campaigns, undertaken by El Machete, Lyceum, and SideWinder, have targeted a variety of sectors, including energy, financial, and governmental sectors in Nicaragua, Venezuela, Israel, Saudi Arabia, and Pakistan. "The attackers use decoys ranging from official-looking documents to news articles or even job postings, depending on the targets and region," Check Point Research  said  in a report. "Many of these lure documents utilize malicious macros or template injection to gain an initial foothold into the targeted organizations, and then launch malware attacks." The infection chains of  El Machete , a Spanish-speaking threat actor first documented in August 2014 by Kaspersky, involve the use of macro-laced decoy doc...

A group of academics from the University of Oxford and Armasuisse S+T has disclosed details of a new attack technique against the popular Combined Charging System ( CCS ) that could potentially disrupt the ability to charge electric vehicles at scale. Dubbed " Brokenwire ," the method interferes with the control communications that transpire between the vehicle and charger to wirelessly abort the charging sessions from a distance of as far as 47m (151ft). "While it may only be an inconvenience for individuals, interrupting the charging process of critical vehicles, such as electric ambulances, can have life-threatening consequences," the researchers  explained . "Brokenwire has immediate implications for many of the 12 million battery EVs estimated to be on the roads worldwide — and profound effects on the new wave of electrification for vehicle fleets, both for private enterprise and for crucial public services." Additional details of the attack...

A previously undocumented "sophisticated" information-stealing malware named BlackGuard is being advertised for sale on Russian underground forums for a monthly subscription of $200. "BlackGuard has the capability to steal all types of information related to Crypto wallets, VPN, Messengers, FTP credentials, saved browser credentials, and email clients," Zscaler ThreatLabz researchers Mitesh Wani and Kaivalya Khursale  said  in a report published last week. Also sold for a lifetime price of $700, BlackGuard is designed as a .NET-based malware that's actively under development, boasting of a number of anti-analysis, anti-debugging, and anti-evasion features that allows it to kill processes related to antivirus engines and bypass string-based detection. What's more, it checks the IP address of the infected devices by sending a request to the domain "https://ipwhois[.]app/xml/," and exit itself if the country is one among the Commonwealth of Indep...