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In the era of hacking and malicious actors, a company's cloud security posture is a concern that preoccupies most, if not all, organizations. Yet even more than that, it is the SaaS Security Posture Management (SSPM) that is critical to today's company security. Recently Malwarebytes released a statement on how they were targeted by Nation-State Actors implicated in SolarWinds breach. Their investigation suggested abuse of privileged access to Microsoft Office 365 and Azure environments. Often left unsecured, it's SaaS setting errors like misconfigurations, inadequate legacy protocols, insufficient identity checks, credential access, and key management that leave companies open to account hijacking, insider threats, and other types of leaks or breaches in the organization.  Gartner has defined  the SaaS Security Posture Management (SSPM) category in 2020's Gartner Hype Cycle for Cloud Security as solutions that continuously assess the security risk and manage SaaS a...

Ten people belonging to a criminal network have been arrested in connection with a series of SIM-swapping attacks that resulted in the theft of more than $100 million by hijacking the mobile phone accounts of high-profile individuals in the U.S. The Europol-coordinated  year-long investigation  was jointly conducted by law enforcement authorities from the U.K., U.S., Belgium, Malta, and Canada. "The attacks orchestrated by this criminal gang targeted thousands of victims throughout 2020, including famous internet influencers, sport stars, musicians and their families," Europol  said  in a statement. "The criminals are believed to have stolen from them over $100 million in cryptocurrencies after illegally gaining access to their phones." The eight suspects, aged 18 to 26, are said to be part of a larger ring, two members of which were nabbed previously in Malta and Belgium. The latest arrests were made in England and Scotland. The sweep comes almost a year afte...

New details have emerged about the remote computer intrusion at a Florida water treatment facility last Friday, highlighting a lack of adequate security measures needed to bulletproof critical infrastructure environments. The breach involved an  unsuccessful attempt  on the part of an adversary to increase sodium hydroxide dosage in the water supply to dangerous levels by remotely accessing the SCADA system at the water treatment plant. The system's plant operator, who spotted the intrusion, quickly took steps to reverse the command, leading to minimal impact. Now, according to an  advisory  published on Wednesday by the state of Massachusetts, unidentified cyber actors accessed the supervisory control and data acquisition (SCADA) system via TeamViewer software installed on one of the plant's several computers that were connected to the control system. Not only were these computers running 32-bit versions of the Windows 7 operating system, but the machines also...

UAE and Kuwait government agencies are targets of a new cyberespionage campaign potentially carried out by Iranian threat actors, according to new research. Attributing the operation to be the work of  Static Kitten  (aka MERCURY or MuddyWater), Anomali  said  the "objective of this activity is to install a remote management tool called ScreenConnect (acquired by ConnectWise 2015) with unique launch parameters that have custom properties," with malware samples and URLs masquerading as the Ministry of Foreign Affairs (MOFA) of Kuwait and the UAE National Council. Since its origins in 2017, MuddyWater has been tied to a number of attacks primarily against Middle Eastern nations, actively  exploiting Zerologon vulnerability  in real-world attack campaigns to strike prominent  Israeli organizations  with malicious payloads. The state-sponsored hacking group is believed to be working at the behest of Iran's Islamic Republic Guard Corps, the count...

In what's a novel supply chain attack, a security researcher managed to breach over 35 major companies' internal systems, including that of Microsoft, Apple, PayPal, Shopify, Netflix, Yelp, Tesla, and Uber, and achieve remote code execution. The technique, called dependency confusion or a substitution attack, takes advantage of the fact that a piece of software may include components from a mix of private and public sources. These external package dependencies, which are fetched from public repositories during a build process, can pose an attack opportunity when an adversary uploads a higher version of a private module to the public feed, causing a client to automatically download the bogus "latest" version without requiring any action from the developer. "From one-off mistakes made by developers on their own machines, to misconfigured internal or cloud-based build servers, to systemically vulnerable development pipelines, one thing was clear: squatting val...