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Budget season is upon us, and everyone in your organization is vying for their slice of the pie. Every year, every department has a pet project that they present as absolutely essential to profitability, business continuity, and quite possibly the future of humanity itself. And no doubt that some of these actually may be mission critical. But as cybersecurity professionals, we understand that the rollout of a viable CTEM ( Continuous Threat Exposure Management ) program actually is . In any year, cybersecurity investments are tough budgetary sells – they’re hard to quantify and don’t always clearly drive revenues or cut costs. In today’s belt-tightening climate, all the more so. Even though cybersecurity budgets will likely grow this year according to Forrester, it’s still important to make sure today that CTEM doesn’t slip down the budget priority list.  In this article, we’ll discuss how to keep CTEM on the budgetary radar. But First – Here are Some Reasons Why CTEM is Obje...

INTERPOL on Tuesday said it took down more than 22,000 malicious servers linked to various cyber threats as part of a global operation. Dubbed Operation Synergia II, the coordinated effort ran from April 1 to August 31, 2024, targeting phishing, ransomware, and information stealer infrastructure. "Of the approximately 30,000 suspicious IP addresses identified, 76 per cent were taken down and 59 servers were seized," INTERPOL said . "Additionally, 43 electronic devices, including laptops, mobile phones and hard disks were seized." The actions also led to the arrest of 41 individuals, with 65 others still under investigation. Some of the other key outcomes across countries are listed below - Takedown of more than 1,037 servers by Hong Kong police Seizure of a server and the identification of 93 individuals with links to illegal cyber activities in Mongolia Disruption of 291 servers in Macau Identification of 11 individuals with links to malicious servers and...

Meta has been fined 21.62 billion won ($15.67 million) by South Korea's data privacy watchdog for illegally collecting sensitive personal information from Facebook users, including data about their political views and sexual orientation, and sharing it with advertisers without their consent. The country's Personal Information Protection Commission (PIPC) said Meta gathered information such as religious affiliations, political views, and same-sex marital status of about 980,000 domestic Facebook users and shared it with 4,000 advertisers. "Specifically, it was found that behavioral information, such as the pages that users 'liked' on Facebook and the ads they clicked on, was analyzed to create and operate advertising topics related to sensitive information," the PIPC said in a press statement. These topics categorized users as following a certain religion, identifying them as a gay or transgender person, or being a defector from North Korea, it added.  T...

Google's cloud division has announced that it will enforce mandatory multi-factor authentication (MFA) for all users by the end of 2025 as part of its efforts to improve account security. "We will be implementing mandatory MFA for Google Cloud in a phased approach that will roll out to all users worldwide during 2025," Mayank Upadhyay, vice president of engineering and distinguished engineer at Google Cloud, said in a statement. "To ensure a smooth transition, Google Cloud will provide advance notification to enterprises and users along the way to help plan MFA deployments." The rollout process is scheduled to take place over three stages, starting from this month and until the end of 2025 - Phase 1 (Starting November 2024), when administrators will be provided information to prepare for the security upgrade  Phase 2 (Early 2025), when Google will begin requiring MFA for all new and existing Google Cloud users who sign in with a password Phase 3 (En...

The U.S. Federal Bureau of Investigation (FBI) has sought assistance from the public in connection with an investigation involving the breach of edge devices and computer networks belonging to companies and government entities. "An Advanced Persistent Threat group allegedly created and deployed malware (CVE-2020-12271) as part of a widespread series of indiscriminate computer intrusions designed to exfiltrate sensitive data from firewalls worldwide," the agency said . "The FBI is seeking information regarding the identities of the individuals responsible for these cyber intrusions." The development comes in the aftermath of a series of reports published by cybersecurity vendor Sophos chronicling a set of campaigns between 2018 and 2023 that exploited its edge infrastructure appliances to deploy custom malware or repurpose them as proxies to fly under the radar. The malicious activity, codenamed Pacific Rim and designed to conduct surveillance, sabotage, and c...

Over 1,500 Android devices have been infected by a new strain of Android banking malware called ToxicPanda that allows threat actors to conduct fraudulent banking transactions. "ToxicPanda's main goal is to initiate money transfers from compromised devices via account takeover (ATO) using a well-known technique called on-device fraud ( ODF )," Cleafy researchers Michele Roviello, Alessandro Strino, and Federico Valentini said in a Monday analysis. "It aims to bypass bank countermeasures used to enforce users' identity verification and authentication, combined with behavioral detection techniques applied by banks to identify suspicious money transfers." ToxicPanda is believed to be the work of a Chinese-speaking threat actor, with the malware sharing foundational similarities with another Android malware dubbed TgToxic , which can steal credentials and funds from crypto wallets. TgToxic was documented by Trend Micro in early 2023. A majority of the com...