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Image Source: TechPrivacy Cybersecurity authorities from Australia, the U.K., and the U.S. have published a joint advisory warning of an increase in sophisticated, high-impact ransomware attacks targeting critical infrastructure organizations across the world in 2021. The incidents singled out a broad range of sectors, including defense, emergency services, agriculture, government facilities, IT, healthcare, financial services, education, energy, charities, legal institutions, and public services. "Ransomware tactics and techniques continued to evolve in 2021, which demonstrates ransomware threat actors' growing technological sophistication and an increased ransomware threat to organizations globally," the agencies  said  in the  joint bulletin . Spear-phishing, stolen or brute-forced Remote Desktop Protocol (RDP) credentials, and exploitation of software flaws emerged as the top three initial infection vectors that were used to deploy ransomware on compromised netwo...

A special law enforcement operation undertaken by Russia has led to the seizure and shutdown of four online bazaars that specialized in the theft and sales of stolen credit cards, as the government continues to take active measures against harboring cybercriminals on its territory. To that end, the domains operated by the card fraud forms and marketplaces, Ferum Shop, Sky-Fraud, Trump's Dumps, and UAS, were confiscated and plastered with a banner that warned "theft of funds from bank cards is illegal." Also embedded into the HTML source code was a message asking, "Which one of you is next?" The seizures were orchestrated by the Department "K," a division of the Ministry of Internal Affairs of the Russian Federation that focuses primarily on information technology-related crimes, according to  Flashpoint . In a related development, state-owned news agency TASS  said  that six Russian individuals were being charged with "the illegal circulation o...

Critical security vulnerabilities have been disclosed in a WordPress plugin known as PHP Everywhere that's used by more than 30,000 websites worldwide and could be abused by an attacker to execute arbitrary code on affected systems. PHP Everywhere is  used  to flip the switch on PHP code across WordPress installations, enabling users to insert and execute PHP-based code in the content management system's Pages, Posts, and Sidebar. The three issues, all rated 9.9 out of a maximum of 10 on the CVSS rating system, impact versions 2.0.3 and below, and are as follows - CVE-2022-24663  - Remote Code Execution by Subscriber+ users via shortcode CVE-2022-24664  - Remote Code Execution by Contributor+ users via metabox, and CVE-2022-24665  - Remote Code Execution by Contributor+ users via gutenberg block Successful exploitation of the three vulnerabilities could result in the execution of malicious PHP code that could be leveraged to achieve a complete site tak...

The U.S. Justice Department (DoJ) on Tuesday  announced  the arrest of a married couple in connection with conspiring to launder cryptocurrency worth $4.5 billion that was siphoned during the  hack  of the virtual currency exchange Bitfinex in 2016. Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, both of New York, are alleged to have "stolen funds through a labyrinth of cryptocurrency transactions," with the law enforcement getting hold of over $3.6 billion in cryptocurrency by following the money trails, resulting in the "largest financial seizure ever." Prosecutors charged the couple not for the hack itself, but rather for receiving the stolen bitcoin into a digital wallet under their ownership, a part of which was laundered to conceal the activities and the movement of the money. In 2019, Israeli authorities apprehended two brothers, Eli and Assaf Gigi, over their supposed involvement in the 2016 security breach. "Bitfinex will work with the Do...

Alarming research reveals the stress and strains the average cybersecurity team experiences on a daily basis. As many as  70% of teams  report feeling emotionally overwhelmed by security alerts. Those alerts come at such high volume, high velocity, and high intensity that they become an extreme source of stress. So extreme, in fact, that people's home lives are negatively affected. Alert overload is bad for those who work in cybersecurity. But it's even worse for everyone who depends on cybersecurity.  This is a gigantic issue in the industry, yet few people even acknowledge it, let alone deal with it. Cynet aims to correct that in this guide ( download here ), starting by shining a light on the cause of the problem and the full extent of its consequences and then offering a few ways lean security teams can pull their analysts out of the ocean of false positives and get them back to shore. It includes tips on how to reduce alerts using automation and shares guidance for...