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Microsoft is warning of an emerging threat targeting internet-connected cryptocurrency wallets, signaling a departure in the use of digital coins in cyberattacks. The tech giant dubbed the new threat "cryware," with the attacks resulting in the irreversible theft of virtual currencies by means of fraudulent transfers to an adversary-controlled wallet. "Cryware are information stealers that collect and exfiltrate data directly from non-custodial cryptocurrency wallets, also known as  hot wallets ," Berman Enconado and Laurie Kirk of the Microsoft 365 Defender Research Team  said  in a new report.  "Because hot wallets, unlike custodial wallets, are stored locally on a device and provide easier access to cryptographic keys needed to perform transactions, more and more threats are targeting them." Attacks of this kind are not theoretical. Earlier this year, Kaspersky  disclosed  a financially-motivated campaign staged by the North Korea-based Lazarus Gr...

The notorious Conti ransomware gang, which last month staged an attack on Costa Rican administrative systems, has threatened to "overthrow" the new government of the country. "We are determined to overthrow the government by means of a cyber attack, we have already shown you all the strength and power," the group said on its official website. "We have our insiders in your government. We are also working on gaining access to your other systems, you have no other options but to pay us." In a further attempt to increase pressure, the Russian-speaking cybercrime syndicate has raised its ransom demand to $20 million in return for a decryption key to unlock their systems. Another message posted on its dark web portal over the weekend issued a warning stating it will delete the decryption keys in a week, a move that would make it impossible for Costa Rica to recover access to the files encrypted by the ransomware. "I appeal to every resident of Costa R...

A new variant of the macOS malware tracked as UpdateAgent has been spotted in the wild, indicating ongoing attempts on the part of its authors to upgrade its functionalities. "Perhaps one of the most identifiable features of the malware is that it relies on the AWS infrastructure to host its various payloads and perform its infection status updates to the server," researchers from Jamf Threat Labs  said  in a report. UpdateAgent, first detected in late 2020, has since  evolved  into a malware dropper, facilitating the distribution of second-stage payloads such as adware while also bypassing macOS  Gatekeeper  protections. The newly discovered Swift-based dropper masquerades as Mach-O binaries named " PDFCreator " and " ActiveDirectory " that, upon execution, establish a connection to a remote server and retrieve a bash script to be executed. "The primary difference [between the two executables] is that it reaches out to a different URL from wh...

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...

Traditional businesses migrating to the cloud need robust information security mechanisms.  Gartner predicts  that more than 95% of new digital workloads will continue to be deployed on cloud-native platforms by 2025. Robust  cloud data security  is imperative for businesses adopting rapid digital transformation to the cloud. While a traditional hosting model could be considered more secure, not all organizations are receptive to relinquishing control over their infrastructure or applications by relying on a cloud provider at an increased risk of data theft from a cyberattack done by an outsider. Having said so, let's try to understand the vital part. What is Cloud Data Security?  Cloud data security entails securing data, whether at rest or in motion, on cloud-based infrastructure, applications, etc., against cyber threats like data breaches, unauthorized access, DDoS attacks, etc. This includes the technologies, policies, controls, and services to protec...

The U.S. Justice Department on Monday accused a 55-year-old cardiologist from Venezuela of being the mastermind behind  Thanos ransomware , charging him with the use and sale of the malicious tool and entering into profit sharing arrangements. Moises Luis Zagala Gonzalez, also known by the monikers Nosophoros, Aesculapius, and Nebuchadnezzar, is alleged to have both developed and marketed the ransomware to other cybercriminals to facilitate the intrusions and get a share of the bitcoin payment. If convicted, Zagala faces up to five years' imprisonment for attempted computer intrusion, and five years' imprisonment for conspiracy to commit computer intrusions.  "The multi-tasking doctor treated patients, created and  named his cyber tool after death , profited from a global ransomware ecosystem in which he sold the tools for conducting ransomware attacks, trained the attackers about how to extort victims, and then boasted about successful attacks, including by maliciou...

Microsoft is warning of a new variant of the Sysrv botnet that's exploiting multiple security flaws in web applications and databases to install coin miners on both Windows and Linux systems. The tech giant, which has called the new version Sysrv-K , is said to weaponize an  array of exploits  to gain control of web servers. The cryptojacking botnet first emerged in December 2020. "Sysrv-K scans the internet to find web servers with various vulnerabilities to install itself," the company  said  in a series of tweets. "The vulnerabilities range from path traversal and remote file disclosure to arbitrary file download and remote code execution vulnerabilities." This also includes  CVE-2022-22947  (CVSS score: 10.0), a code injection vulnerability in Spring Cloud Gateway that could be exploited to allow arbitrary remote execution on a remote host via a maliciously crafted request. It's worth noting that the abuse of CVE-2022-22947 has prompted the U...

More than 200 Android apps masquerading as fitness, photo editing, and puzzle apps have been observed distributing spyware called Facestealer to siphon user credentials and other valuable information.  "Similar to  Joker , another piece of mobile malware, Facestealer changes its code frequently, thus spawning many variants," Trend Micro analysts Cifer Fang, Ford Quin, and Zhengyu Dong  said  in a new report. "Since its discovery, the spyware has continuously beleaguered Google Play." Facestealer, first  documented  by Doctor Web in July 2021, refers to a group of fraudulent apps that invade the official app marketplace for Android with the goal of plundering sensitive data such as Facebook login credentials. Of the 200 apps, 42 are VPN services, followed by a camera (20) and photo editing applications (13). In addition to harvesting credentials, the apps are also designed to collect Facebook cookies and personally identifiable information associated w...