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Microsoft has agreed to pay a penalty of $20 million to settle U.S. Federal Trade Commission (FTC) charges that the company illegally collected and retained the data of children who signed up to use its Xbox video game console without their parents' knowledge or consent. "Our proposed order makes it easier for parents to protect their children's privacy on Xbox, and limits what information Microsoft can collect and retain about kids," FTC's Samuel Levine  said . "This action should also make it abundantly clear that kids' avatars, biometric data, and health information are not exempt from  COPPA ." As part of the proposed settlement, which is pending court approval, Redmond has been ordered to update its account creation process for children to prevent the collection and storage of data, including obtaining parental consent and deleting said information within two weeks if approval is not obtained. The privacy protections also extend to third-par...

Get exclusive insights from a real ransomware negotiator who shares authentic stories from network hostage situations and how he managed them. The Ransomware Industry Ransomware is an industry. As such, it has its own business logic: organizations pay money, in crypto-currency, in order to regain control over their systems and data. This industry's landscape is made up of approximately 10-20 core threat actors who originally developed the ransomware's malware. To distribute the malware, they work with affiliates and distributors who utilize widespread  phishing attacks  to breach organizations. Profits are distributed with approximately 70% allocated to the affiliates and 10%-30% to these developers. The use of phishing renders online-based industries, like gaming, finance and insurance, especially vulnerable.  In addition to its financial motivations, the ransomware industry is also influenced by geo-political politics. For example, in June 2021, following the ranso...

An unknown threat actor has been observed targeting the U.S. aerospace industry with a new PowerShell-based malware called PowerDrop . "PowerDrop uses advanced techniques to evade detection such as deception, encoding, and encryption," according to Adlumin, which  found the malware  implanted in an unnamed domestic aerospace defense contractor in May 2023. "The name is derived from the tool, Windows PowerShell, used to concoct the script, and 'Drop' from the DROP (DRP) string used in the code for padding." PowerDrop is also a post-exploitation tool, meaning it's designed to gather information from victim networks after obtaining initial access through other means. The malware employs Internet Control Message Protocol (ICMP) echo request messages as beacons to initiate communications with a command-and-control (C2) server. The server, for its part, responds back with an encrypted command that's decoded and run on the compromised host. A similar...

A recent malware campaign has been found to leverage  Satacom downloader  as a conduit to deploy stealthy malware capable of siphoning cryptocurrency using a rogue extension for Chromium-based browsers. "The main purpose of the malware that is dropped by the Satacom downloader is to steal BTC from the victim's account by performing web injections into targeted cryptocurrency websites," Kaspersky researchers Haim Zigel and Oleg Kupreev  said . Targets of the campaign include Coinbase, Bybit, KuCoin, Huobi, and Binance users primarily located in Brazil, Algeria, Turkey, Vietnam, Indonesia, India, Egypt, and Mexico. Satacom downloader, also called  Legion Loader , first emerged in 2019 as a dropper for next-stage payloads, including information stealers and cryptocurrency miners. Infection chains involving the malware begin when users searching for cracked software are redirected to bogus websites that host ZIP archive files containing the malware. "Various types ...

Thousands of adware apps for Android have been found to masquerade as cracks or modded versions of popular applications to serve unwanted ads to users as part of a campaign ongoing since October 2022. "The campaign is designed to aggressively push adware to Android devices with the purpose to drive revenue," Bitdefender said in a technical report shared with The Hacker News. "However, the threat actors involved can easily switch tactics to redirect users to other types of malware such as banking Trojans to steal credentials and financial information or ransomware." The Romanian cybersecurity company said it has discovered 60,000 unique apps carrying the adware, with a majority of the detections located in the U.S., South Korea, Brazil, Germany, the U.K., France, Kazakhstan, Romania, and Italy. It's worth pointing out that none of the apps are distributed through the official Google Play Store. Instead, users searching for apps like Netflix, PDF viewers, se...

Attacks on critical infrastructure and other OT systems are on the rise as digital transformation and OT/IT convergence continue to accelerate. Water treatment facilities, energy providers, factories, and chemical plants — the infrastructure that undergirds our daily lives could all be at risk. Disrupting or manipulating OT systems stands to pose real physical harm to citizens, environments, and economies. Yet the landscape of OT security tools is far less developed than its information technology (IT) counterpart. According to a recent  report from Takepoint Research and Cyolo , there is a notable lack of confidence in the tools commonly used to secure remote access to industrial environments.  Figure 1: New research reveals a large gap across industries between the level of concern about security risks and the level of confidence in existing solutions for industrial secure remote access (I-SRA). The traditional security strategy of industrial environments was isolation –...