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Securing applications it the API-first era can be an uphill battle. As development accelerates, accountability becomes unclear, and getting controls to operate becomes a challenge in itself. It's time that we rethink our application security strategies to reflect new priorities, principles and processes in the API-first era. Securing tomorrow's applications begins with assessing the business risks today. The trends and risks shaping today's applications As the world continues to become more and more interconnected via devices — and the APIs that connect them — individuals are growing accustomed to the frictionless experience that they provide. While this frictionless reality is doubtlessly more user-friendly, i.e., faster and more convenient, it also requires a trade-off. This convenience demands openness, and openness is a risk when it comes to cybersecurity. According to  Sidney Gottesman , Mastercard's SVP for Security Innovation, the above situation leads to one...

Facebook on Tuesday revealed it filed two separate legal actions against perpetrators who abused its ad platform to run deceptive advertisements in violation of the company's  Terms  and  Advertising Policies .  "In the first case, the defendants are a California marketing company and its agents responsible for a  bait-and-switch  advertising scheme on Facebook," the social media giant's Director of Platform Enforcement and Litigation, Jessica Romero,  said . "In the second case, the defendants are a group of individuals located in Vietnam who got users to self-compromise their Facebook accounts and ran millions of dollars of unauthorized ads." As part of the fraudulent activity, the marketing company, N&J USA Incorporated, promoted the sale of merchandise such as clothing, watches, and toys through misleading ads that, when clicked, redirected users to other e-commerce websites to complete the purchase, only to either receive nothing or get d...

The recent tsunami of ransomware has brought to life the fears of downtime and data loss cybersecurity pros have warned about, as attacks on the energy sector, food supply chain, healthcare industry, and other critical infrastructure have grabbed headlines. For the industry experts who track the evolution of this threat, the increased frequency, sophistication, and destructiveness of ransomware suggests that businesses still have some major gaps in their defense strategies. It's no surprise that a new, multi-layered approach to protection is needed to stem the damage caused by ransomware. But what changes should an IT team implement to close those gaps? During a recent panel, a team of cybersecurity experts outlined a three-step plan to do just that -- centered around embracing new technologies, improving security processes, and ensuring their people know how to help curb the threat. 1  —  New Strains Overwhelm Old Defenses Many new ransomware strains now act like advanc...

While phishing and ransomware dominate headlines, another critical risk quietly persists across most enterprises: exposed Git repositories leaking sensitive data. A risk that silently creates shadow access into core systems Git is the backbone of modern software development, hosting millions of repositories and serving thousands of organizations worldwide. Yet, amid the daily hustle of shipping code, developers may inadvertently leave behind API keys, tokens, or passwords in configuration files and code files, effectively handing attackers the keys to the kingdom. This isn't just about poor hygiene; it's a systemic and growing supply chain risk. As cyber threats become more sophisticated, so do compliance requirements. Security frameworks like NIS2, SOC2, and ISO 27001 now demand proof that software delivery pipelines are hardened and third-party risk is controlled. The message is clear: securing your Git repositories is no longer optional, it's essential. Below, we look at the ris...

Cybersecurity researchers have detailed critical security vulnerabilities affecting  NETGEAR DGN2200v1 series routers , which they say could be reliably abused as a jumping-off point to compromise a network's security and gain unfettered access. The three  HTTPd  authentication security weaknesses (CVSS scores: 7.1 – 9.4) impact routers running firmware versions prior to v1.0.0.60, and have since been  fixed by the company  in December 2020 as part of a coordinated vulnerability disclosure process. "The rising number of firmware attacks and ransomware attacks via VPN devices and other internet-facing systems are examples of attacks initiated outside and below the operating system layer," Microsoft 365 Defender Research Team's Jonathan Bar Or  said . "As these types of attacks become more common, users must look to secure even the single-purpose software that run their hardware—like routers." In a nutshell, the flaws allow accessing router management p...

Colombian authorities on Wednesday said they have arrested a Romanian hacker who is wanted in the U.S. for distributing a virus that infected more than a million computers from 2007 to 2012. Mihai Ionut Paunescu (aka "Virus"), the individual in question, was detained at the El Dorado airport in Bogotá, the Office of the Attorney General of Colombia  said . Paunescu was  previously charged  by the U.S. Department of Justice (DoJ) in January 2013 for operating a bulletproof hosting service that "enabled cyber criminals to distribute the Gozi Virus, the Zeus Trojan and other notorious malware, and conduct other sophisticated cyber crimes." He was arrested in Romania in December 2012 but managed to avoid extradition to the U.S. "Through this service, Paunescu, like other bulletproof hosts, knowingly provided critical online infrastructure to cyber criminals that allowed them to commit online criminal activity with little fear of detection by law enforcement,...

A coordinated international law enforcement operation resulted in the takedown of a VPN service called DoubleVPN for providing a safe haven for cybercriminals to cover their tracks. "On 29th of June 2021, law enforcement took down DoubleVPN," the agencies said in a seizure notice splashed on the now-defunct site. "Law enforcement gained access to the servers of DoubleVPN and seized personal information, logs and statistics kept by DoubleVPN about all of its customers. DoubleVPN's owners failed to provide the services they promised." The criminal investigation was conducted by agencies from Bulgaria, Canada, Germany, Italy, Sweden, Switzerland, the Netherlands, U.K., and the U.S., alongside authorities from Eurojust and Europol's European Cybercrime Centre (EC3). DoubleVPN is said to have been heavily advertised on both Russian and English-speaking underground cybercrime forums as a means to mask the location and identities of ransomware operators and...

Organizations today already have an overwhelming number of dangers and threats to look out for, from spam to phishing attempts to new infiltration and ransomware tactics. There is no chance to rest, since attack groups are constantly looking for more effective means of infiltrating and infecting systems. Today, there are hundreds of groups devoted to infiltrating almost every industry, constantly devising more sophisticated methods to attack organizations. It's even more troubling to note that some groups have started to collaborate, creating complex and stealthy tactics that leave even the best security teams scrambling to respond. Such is the case noted by XDR Provider Cynet, as the company observes in its newest Research Webinar ( register here ). Cynet's research team noted that two of the most infamous attack groups – Lunar Spider and Wizard Spider – have started working together to infect organizations with ransomware. The development is certainly troubling, and the ...

A proof-of-concept (PoC) exploit related to a remote code execution vulnerability affecting Windows Print Spooler and patched by Microsoft earlier this month was briefly published online before being taken down. Identified as  CVE-2021-1675 , the security issue could grant remote attackers full control of vulnerable systems.  Print Spooler  manages the printing process in Windows, including loading the appropriate printer drivers and scheduling the print job for printing, among others. Print Spooler flaws are concerning, not least because of the wide attack surface, but also owing to the fact that it runs at the highest privilege level and is capable of dynamically loading third-party binaries. The Windows maker addressed the vulnerability as part of its Patch Tuesday update on June 8, 2021. But almost two weeks later, Microsoft revised the flaw's impact from an elevation of privilege to remote code execution (RCE) as well as upgraded the severity level from Im...

GitHub on Tuesday launched a technical preview of a new AI-powered  pair programming  tool that aims to help software developers write better code across a variety of programming languages, including Python, JavaScript, TypeScript, Ruby, and Go. Copilot , as the code synthesizer is called, has been developed in collaboration with  OpenAI , and leverages Codex, a new AI system that's trained on publicly available source code and natural language with the goal of translating comments and code written by a user into auto-generated code snippets. "GitHub Copilot draws context from the code you're working on, suggesting whole lines or entire functions," GitHub CEO Nat Friedman  said  in a blog post. "It helps you quickly discover alternative ways to solve problems, write tests, and explore new APIs without having to tediously tailor a search for answers on the internet." Despite its function as an AI-based autocomplete for writing boilerplate code, the Micr...

An unpatched security vulnerability affecting Google's Compute Engine platform could be abused by an attacker to take over virtual machines over the network. "This is done by impersonating the metadata server from the targeted virtual machine's point of view," security researcher Imre Rad said in an  analysis  published Friday. "By mounting this exploit, the attacker can grant access to themselves over SSH (public key authentication) so then they can login as the root user." Google Compute Engine ( GCE ) is an infrastructure-as-a-service (IaaS) component of Google Cloud Platform that enables users to create and launch virtual machines (VMs) on demand. GCE provides a method for storing and retrieving metadata in the form of the  metadata server , which offers a central point to set metadata in the form of key-value pairs that's then provided to virtual machines at runtime. According to the researcher, the issue is a consequence of weak pseudo-random ...

Online account creation poses a challenge for engineers and system architects: if you put up too many barriers, you risk turning away genuine users. Make it too easy, and you risk fraud or fake accounts. The Problem with Identity Verification The traditional model of online identity – username/email and password – has long outlived its usefulness. This is how multi-factor or two-factor authentication (MFA or 2FA) has come into play, to patch up vulnerabilities of the so-called knowledge-based model, usually by SMS passcode to verify possession of a mobile phone number. The simplicity of SMS-based verification has taken apps by storm – it's the default option, as most users have a mobile phone. Yet bad actors have learned how to exploit this verification method, leading to the menace of  SIM swap fraud , which is alarmingly easy to pull off and rising rapidly in incidents. There's been no lack of effort in finding a more secure factor that is still universal. For example, b...

Google on Monday announced  new measures  for the Play Store, including requiring developer accounts to turn on 2-Step Verification (2SV), provide an address, and verify their contact details later this year. The new identification and two-factor authentication requirements are a step towards strengthening account security and ensuring a safe and secure app marketplace, Google Play Trust and Safety team said. As part of the changes, individual users and businesses in possession of Google Play developer accounts will be asked to specify an account type (personal or organization), a contact name, their physical address, as well as verifying the email address and phone number provided during account creation. In addition, the search giant is also mandating users of Google Play Console to sign in using Google's 2-Step Verification to prevent account takeover attacks. According to the timeline shared by Google, developer account owners will be able to declare their account t...

Microsoft last week rolled out updates for the Edge browser with  fixes for two security issues , one of which concerns a security bypass vulnerability that could be exploited to inject and execute arbitrary code in the context of any website. Tracked as  CVE-2021-34506  (CVSS score: 5.4), the weakness stems from a universal cross-site scripting (UXSS) issue that's triggered when automatically translating web pages using the browser's  built-in feature via Microsoft Translator . Credited for discovering and reporting CVE-2021-34506 are Ignacio Laurence as well as Vansh Devgan and Shivam Kumar Singh with CyberXplore Private Limited.  "Unlike the common XSS attacks, UXSS is a type of attack that exploits client-side vulnerabilities in the browser or browser extensions in order to generate an XSS condition, and execute malicious code," CyberXplore researchers  said  in a write-up shared with The Hacker News. "When such vulnerabilities are found and...

Microsoft on Friday said it's investigating an incident wherein a driver signed by the company turned out to be a malicious Windows rootkit that was observed communicating with command-and-control (C2) servers located in China. The driver, called " Netfilter ," is said to target gaming environments, specifically in the East Asian country, with the Redmond-based firm noting that "the actor's goal is to use the driver to spoof their geo-location to cheat the system and play from anywhere." "The malware enables them to gain an advantage in games and possibly exploit other players by compromising their accounts through common tools like keyloggers," Microsoft Security Response Center (MSRC)  said . It's worth pointing out that Netfilter also refers to a legitimate software package , which enables packet filtering and network address translation for Linux based systems. Microsoft dubbed the malware " Retliften ," alluding to "ne...

There has been a lot of buzz in the industry about ransomware lately. Almost every other day, it's making headlines. With businesses across the globe holding their breath, scared they might fall victim to the next major ransomware attack, it is now time to take action. The FBI IC3 report of 2020 classified Ransomware as the most financially damaging cybercrime of the year, with no major improvement in 2021. Wouldn't it be nice if you could prevent a ransomware attack from occurring in the first place?  DMARC  can make this seemingly impossible claim a possibility for domain owners!  Multiple benefits arise from your DMARC implementation over time, including an increase in the deliverability of your email as well as a higher domain reputation. DMARC is also known as the first line of defense against Ransomware. Let's take a closer look. What are the Risks Associated with Ransomware?  Ransomware is malicious software that installs itself on your computer without...

A security vulnerability in Cisco Adaptive Security Appliance (ASA) that was addressed by the company last October, and again earlier this April, has been subjected to active in-the-wild attacks following the release of proof-of-concept (PoC) exploit code. The PoC was  published  by researchers from cybersecurity firm Positive Technologies on June 24, following which reports emerged that attackers are chasing after an exploit for the bug. "Tenable has also received a report that attackers are exploiting CVE-2020-3580 in the wild," the cyber exposure company  said . Tracked as  CVE-2020-3580  (CVSS score: 6.1), the issue concerns multiple vulnerabilities in the web services interface of Cisco ASA software and Cisco Firepower Threat Defense (FTD) software that could allow an unauthenticated, remote attacker to conduct cross-site scripting (XSS) attacks on an affected device. As of July 2020, there were a little over  85,000 ASA/FTD devices , 398 of whi...

In yet another sign that the Russian hackers who breached SolarWinds network monitoring software to compromise a slew of entities never really went away, Microsoft said the threat actor behind the malicious cyber activities used password spraying and brute-force attacks in an attempt to guess passwords and gain access to its customer accounts. "This recent activity was mostly unsuccessful, and the majority of targets were not successfully compromised – we are aware of three compromised entities to date," the tech giant's Threat Intelligence Center  said  Friday. "All customers that were compromised or targeted are being contacted through our nation-state notification process." The development was first  reported  by news service Reuters. The names of the victims were not revealed. The latest wave in a series of intrusions is said to have primarily targeted IT companies, followed by government agencies, non-governmental organizations, think tanks, and financ...

Google's sweeping proposal to deprecate third-party cookies in Chrome browser is going back to the drawing board after the company announced plans to delay the rollout from early 2022 to late 2023, pushing back the project by nearly two years. "While there's  considerable progress  with this initiative, it's become clear that more time is needed across the ecosystem to get this right," Chrome's Privacy Engineering Director, Vinay Goel,  said  Thursday. In buying extra time, the search giant said it hopes to arrive at a consensus on the right solutions, while simultaneously engaging with regulators, and enabling publishers and the advertising industry to migrate their services to privacy-preserving technologies that prevent "alternative forms of individual tracking, and discourage the rise of covert approaches like  fingerprinting ." The revised timelines comes close on the heels of a fresh regulatory setback in the European Union, after the Euro...