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It's the second Tuesday of the month, and Microsoft has released another set of security updates to fix  a total of 97 flaws  impacting its software, one of which has been actively exploited in ransomware attacks in the wild. Seven of the 97 bugs are rated Critical and 90 are rated Important in severity. Interestingly, 45 of the shortcomings are remote code execution flaws, followed by 20 elevation of privilege vulnerabilities. The updates also follow fixes for 26 vulnerabilities in its Edge browser that were released over the past month. The security flaw that's come under active exploitation is  CVE-2023-28252  (CVSS score: 7.8), a privilege escalation bug in the Windows Common Log File System (CLFS) Driver. "An attacker who successfully exploited this vulnerability could gain SYSTEM privileges," Microsoft said in an advisory, crediting researchers Boris Larin, Genwei Jiang, and Quan Jin for reporting the issue. CVE-2023-28252 is the fourth privilege escalatio...

Enterprise communications service provider 3CX confirmed that the  supply chain attack  targeting its desktop application for Windows and macOS was the handiwork of a threat actor with North Korean nexus. The findings are the result of an interim assessment conducted by Google-owned Mandiant, whose services were enlisted after the intrusion came to light late last month. The threat intelligence and incident response unit is tracking the activity under its uncategorized moniker  UNC4736 . It's worth noting that CrowdStrike has tied the attack to a Lazarus sub-group dubbed Labyrinth Chollima , citing tactical overlaps. The cybersecurity firm told The Hacker News the latest findings appear to be consistent with their previous attribution. The  attack chain , based on analyses from multiple security vendors, entailed the use of DLL side-loading techniques to load an information stealer known as ICONIC Stealer, followed by a second-stage called  Gopuram  in...

A "by-design flaw" uncovered in Microsoft Azure could be exploited by attackers to gain access to storage accounts, move laterally in the environment, and even execute remote code. "It is possible to abuse and leverage Microsoft Storage Accounts by manipulating Azure Functions to steal access-tokens of higher privilege identities, move laterally, potentially access critical business assets, and execute remote code (RCE)," Orca said in a new  report  shared with The Hacker News. The exploitation path that underpins this attack is a mechanism called  Shared Key authorization , which is enabled by default on storage accounts. According to Microsoft, Azure generates two 512-bit storage account access keys when creating a storage account. These keys can be used to authorize access to data via Shared Key authorization, or via SAS tokens that are signed with the shared key. "Storage account access keys provide full access to the configuration of a storage accoun...

Malicious loader programs capable of trojanizing Android applications are being traded on the criminal underground for up to $20,000 as a way to evade Google Play Store defenses. "The most popular application categories to hide malware and unwanted software include cryptocurrency trackers, financial apps, QR-code scanners, and even dating apps," Kaspersky  said  in a new report based on messages posted on online forums between 2019 and 2023. Dropper apps  are the primary means for threat actors looking to sneak malware via the Google Play Store. Such apps often masquerade as seemingly innocuous apps, with malicious updates introduced upon clearing the review process and the applications have amassed a significant user base. This is achieved by using a loader program that's responsible for injecting malware into a clean app, which is then made available for download from the app marketplace. Users who install the tampered app are prompted to grant it intrusive permiss...

In today's perilous cyber risk landscape, CISOs and CIOs must defend their organizations against relentless cyber threats, including ransomware, phishing, attacks on infrastructure, supply chain breaches, malicious insiders, and much more. Yet at the same time, security leaders are also under tremendous pressure to reduce costs and invest wisely.  One of the most effective ways for CISOs and CIOs to make the best use of their limited resources to protect their organizations is by conducting a cyber risk assessment. A comprehensive cyber risk assessment can help: Identify vulnerabilities and threats Prioritize security investments Assess cybersecurity maturity Communicate cyber risk to executives Provide the basis for cyber risk quantification A new guide by cybersecurity optimization provider CYE ( download here ) explains how this can be accomplished. The guide outlines several approaches to cyber risk assessments and describes the necessary steps that can yield solid in...