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E.U. Regulators Hit Meta with Record $1.3 Billion Fine for Data Transfer Violations

E.U. Regulators Hit Meta with Record $1.3 Billion Fine for Data Transfer Violations

May 22, 2023 Data Protection / Privacy
Facebook's parent company Meta has been fined a record $1.3 billion by European Union data protection regulators for transferring the personal data of users in the region to the U.S. In a binding decision taken by the European Data Protection Board (EDPB), the social media giant has been ordered to bring its data transfers into compliance with the GDPR and delete unlawfully stored and processed data within six months. Additionally, Meta has been given five months to suspend any future transfer of Facebook users' data to the U.S. Instagram and WhatsApp, which are also owned by the company, are not subject to the order. "The EDPB found that Meta IE's infringement is very serious since it concerns transfers that are systematic, repetitive, and continuous," Andrea Jelinek, EDPB Chair,  said  in a statement. "Facebook has millions of users in Europe, so the volume of personal data transferred is massive. The unprecedented fine is a strong signal to organizati...
Indonesian Cybercriminals Exploit AWS for Profitable Crypto Mining Operations

Indonesian Cybercriminals Exploit AWS for Profitable Crypto Mining Operations

May 22, 2023 Cryptocurrency / Cloud Security
A financially motivated threat actor of Indonesian origin has been observed leveraging Amazon Web Services (AWS) Elastic Compute Cloud (EC2) instances to carry out illicit crypto mining operations. Cloud security company's Permiso P0 Labs, which first detected the group in November 2021, has assigned it the moniker  GUI-vil  (pronounced Goo-ee-vil). "The group displays a preference for Graphical User Interface (GUI) tools, specifically S3 Browser (version 9.5.5) for their initial operations," the company said in a report shared with The Hacker News. "Upon gaining AWS Console access, they conduct their operations directly through the web browser." Attack chains mounted by GUI-vil entail obtaining initial access by weaponizing AWS keys in publicly exposed source code repositories on GitHub or scanning for GitLab instances that are vulnerable to remote code execution flaws (e.g.,  CVE-2021-22205 ). A successful ingress is followed by privilege escalation and...
Bad Magic's Extended Reign in Cyber Espionage Goes Back Over a Decade

Bad Magic's Extended Reign in Cyber Espionage Goes Back Over a Decade

May 22, 2023 Cyber Espionage / Malware
New findings about a hacker group linked to cyber attacks targeting companies in the Russo-Ukrainian conflict area reveal that it may have been around for much longer than previously thought. The threat actor, tracked as  Bad Magic  (aka Red Stinger), has not only been linked to a fresh sophisticated campaign, but also to an activity cluster that first came to light in May 2016. "While the previous targets were primarily located in the Donetsk, Luhansk, and Crimea regions, the scope has now widened to include individuals, diplomatic entities, and research organizations in Western and Central Ukraine," Russian cybersecurity firm Kaspersky  said  in a technical report published last week. The campaign is characterized by the use of a novel modular framework codenamed CloudWizard, which features capabilities to take screenshots, record microphone, log keystrokes, grab passwords, and harvest Gmail inboxes. Bad Magic was  first documented  by the company in...
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AI Security Board Report Template

websiteWizAI Security / Compliance
This template helps security and technology leaders clearly communicate AI risk, impact, and priorities in language boards understand.
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Can AI Be Secure? Find Out at SANS 2026

websiteSANSCybersecurity Training
SANS Fellow, Mark Baggett explores threats, defense, & where AI security is heading.
Are Your APIs Leaking Sensitive Data?

Are Your APIs Leaking Sensitive Data?

May 22, 2023 API Security / Cybersecurity
It's no secret that data leaks have become a major concern for both citizens and institutions across the globe. They can cause serious damage to an organization's reputation, induce considerable financial losses, and even have serious legal repercussions. From the infamous Cambridge Analytica scandal to the Equifax data breach, there have been some pretty high-profile leaks resulting in massive consequences for the world's biggest brands. Breaches can also have a huge impact on individuals as well – ultimately leading to the loss of personal information, such as passwords or credit card details, which could be used by criminals for malicious purposes. Most notably victims are left vulnerable to identity theft or financial fraud.  When you think about the sheer volume of these leaks, one would imagine that the world would stop and focus on the attack vector(s) being exploited. The unfortunate reality is the world didn't stop. To make things more interesting, the most ...
U.K. Fraudster Behind iSpoof Scam Receives 13-Year Jail Term for Cyber Crimes

U.K. Fraudster Behind iSpoof Scam Receives 13-Year Jail Term for Cyber Crimes

May 22, 2023 Cyber Crime / Hacking
A U.K. national responsible for his role as the administrator of the now-defunct  iSpoof  online phone number spoofing service has been sentenced to 13 years and 4 months in prison. Tejay Fletcher, 35, of Western Gateway, London, was awarded the sentence on May 18, 2023. He  pleaded guilty  last month to a number of cyber offenses, including facilitating fraud and possessing and transferring criminal property. iSpoof , which was available as a paid service, allowed fraudsters to mask their phone numbers and masquerade as representatives from banks, tax offices, and other official bodies to defraud victims. The help desk scam purported to warn targets of suspicious activity on their accounts and tricked them into disclosing sensitive financial information or transferring money to accounts under the threat actor's control. According to the U.K. Metropolitan Police, the criminals assumed false identities as representatives of various banks such as Barclays, Santan...
KeePass Exploit Allows Attackers to Recover Master Passwords from Memory

KeePass Exploit Allows Attackers to Recover Master Passwords from Memory

May 22, 2023 Password Security / Exploit
A proof-of-concept (PoC) has been made available for a security flaw impacting the KeePass password manager that could be exploited to recover a victim's master password in cleartext under specific circumstances. The issue, tracked as  CVE-2023-32784 , impacts KeePass versions 2.x for Windows, Linux, and macOS, and is  expected to be patched  in version 2.54, which is likely to be released early next month. "Apart from the first password character, it is mostly able to recover the password in plaintext," security researcher "vdohney," who discovered the flaw and devised a PoC,  said . "No code execution on the target system is required, just a memory dump." "It doesn't matter where the memory comes from," the researcher added, stating, "it doesn't matter whether or not the workspace is locked. It is also possible to dump the password from RAM after KeePass is no longer running, although the chance of that working goes down w...
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