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If you ask Alex, he won't admit being old-fashioned. He has been working in the IT industry for a while now and accepts that security is important for the business's health. But reluctant to take security as the business enabler. In today's environment, moving to digitization is a critical step required to drive innovation and business growth. When the application development takes the driver seat, security stalls the progress by saying NO to many things on the highway. — Is what he says. At that point, my friend Daniel got involved and argued that application security is no longer optional to our business as we rely on apps for our day-to-day activities. And, he added a powerful quote: "Because we've brakes in our cars, we can drive fast" - Robert Garigue Businesses will less likely advance if they don't have security (brakes) to do safely. The car's speed obtains improvement with brakes – the improvements to business are the improvement to th...

Cybersecurity researchers today uncovered a new strain of banking malware that targets not only banking apps but also steals data and credentials from social networking, dating, and cryptocurrency apps—a total of 337 non-financial Android applications on its target list. Dubbed " BlackRock " by ThreatFabric researchers, which discovered the trojan in May, its source code is derived from a leaked version of Xerxes banking malware, which itself is a strain of the LokiBot Android banking trojan that was first observed during 2016-2017. Chief among its features are stealing user credentials, intercepting SMS messages, hijacking notifications, and even recording keystrokes from the targeted apps, in addition to being capable of hiding from antivirus software. "Not only did the [BlackRock] Trojan undergo changes in its code, but also comes with an increased target list and has been ongoing for a longer period," ThreatFabric said. "It contains an important nu...

In a report shared with The Hacker News, researchers at cybersecurity firm CheckPoint today disclosed details of a minor but easy-to-exploit flaw they reported in Zoom, the highly popular and widely used video conferencing software. The latest Zoom flaw could have allowed attackers mimic an organization, tricking its employees or business partners into revealing personal or other confidential information using social engineering tricks. We know, social engineering attacks may sound a bit boring, but someone used the same to put Twitter on fire just last night when hundreds of high-profile Twitter accounts were hacked to promote a cryptocurrency scam, all thanks to an employee's compromised internal tooling account. The said vulnerability resides in Zoom's customizable URL feature dubbed Vanity URL, aiming to let companies create a custom URL on its subdomain and branded landing page, such as " yourcompany.zoom.us, " where the invitation link to a meeting then...

Social media platform Twitter, earlier today on Wednesday, was on fire after it suffered one of the biggest cyberattacks in its history . A number of high-profile Twitter accounts, including those of US presidential candidate Joe Biden, Amazon CEO Jeff Bezos, Bill Gates, Elon Musk, Uber, and Apple, were breached simultaneously in what's a far-reaching hacking campaign carried out to promote a cryptocurrency scam. The broadly targeted hack posted similar worded messages urging millions of followers to send money to a specific bitcoin wallet address in return for larger payback. "Everyone is asking me to give back, and now is the time," a tweet from Mr Gates' account said. "You send $1,000, I send you back $2,000." Twitter termed the security incident as a "coordinated social engineering attack" against its employees who have access to its internal tools. As of writing, the scammers behind the operation have amassed nearly $120,000 in bitco...

Cybersecurity researchers on Tuesday detailed as many as four different families of Brazilian banking trojans that have targeted financial institutions in Brazil, Latin America, and Europe. Collectively called the "Tetrade" by Kaspersky researchers, the malware families — comprising Guildma, Javali, Melcoz, and Grandoreiro — have evolved their capabilities to function as a backdoor and adopt a variety of obfuscation techniques to hide its malicious activities from security software. "Guildma, Javali, Melcoz and Grandoreiro are examples of yet another Brazilian banking group/operation that has decided to expand its attacks abroad, targeting banks in other countries," Kaspersky said in an analysis . "They benefit from the fact that many banks operating in Brazil also have operations elsewhere in Latin America and Europe, making it easy to extend their attacks against customers of these financial institutions." A Multi-Stage Malware Deployment Process...

Cybersecurity researchers today disclosed a new highly critical "wormable" vulnerability—carrying a severity score of 10 out of 10 on the CVSS scale—affecting Windows Server versions 2003 to 2019. The 17-year-old remote code execution flaw ( CVE-2020-1350 ), dubbed ' SigRed ' by Check Point, could allow an unauthenticated, remote attacker to gain domain administrator privileges over targeted servers and seize complete control of an organization's IT infrastructure. A threat actor can exploit SigRed vulnerability by sending crafted malicious DNS queries to a Windows DNS server and achieve arbitrary code execution, enabling the hacker to intercept and manipulate users' emails and network traffic, make services unavailable, harvest users' credentials and much more. In a detailed report shared with The Hacker News, Check Point researcher Sagi Tzadik confirmed that the flaw is wormable in nature, allowing attackers to launch an attack that can spread ...

Adobe today released software updates to patch a total of 13 new security vulnerabilities affecting 5 of its widely used applications. Out of these 13 vulnerabilities, four have been rated critical, and nine are important in severity. The affected products that received security patches today include: Adobe Creative Cloud Desktop Application Adobe Media Encoder Adobe Genuine Service Adobe ColdFusion Adobe Download Manager Adobe Creative Cloud Desktop Application versions 5.1 and earlier for Windows operating systems contain four vulnerabilities, one of which is a critical symlink issue (CVE-2020-9682) leading to arbitrary file system write attacks. According to the advisory , the other three important flaws in this Adobe software are privilege escalation issues. Adobe Media Encoder contains two critical arbitrary code execution (CVE-2020-9650 and CVE-2020-9646) and one important information disclosure issues, affecting both Windows and macOS users running Media En...