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The global cybersecurity market is flourishing. Experts at Gartner predict that the end-user spending for the information security and risk management market will grow from $172.5 billion in 2022 to $267.3 billion in 2026.  One big area of spending includes the art of putting cybersecurity defenses under pressure, commonly known as security testing. MarketsandMarkets forecasts the global penetration testing (pentesting) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.7% from 2022 to 2027. However, the costs and limitations involved in carrying out a penetration test are already hindering the market growth, and consequently, many cybersecurity professionals are making moves to find an alternative solution. Pentests aren't solving cybersecurity pain points Pentesting can serve specific and important purposes for businesses. For example, prospective customers may ask for the results of one as proof of compliance. However, for certain challenges, this ...

The infamous Lazarus Group has continued its pattern of leveraging unsolicited job opportunities to deploy malware targeting Apple's macOS operating system. In the latest variant of the campaign observed by cybersecurity company SentinelOne last week, decoy documents advertising positions for the Singapore-based cryptocurrency exchange firm Crypto[.]com have been used to mount the attacks. The latest disclosure builds on previous findings from Slovak cybersecurity firm ESET in August, which  delved  into a similar phony job posting for the Coinbase cryptocurrency exchange platform. Both these fake job advertisements are just the latest in a series of attacks dubbed  Operation In(ter)ception , which, in turn, is a constituent of a broader campaign tracked under the name  Operation Dream Job . Although the exact distribution vector for the malware remains unknown, it's suspected that potential targets are singled out via direct messages on the business networking...

The Australian Federal Police (AFP) on Monday disclosed it's working to gather "crucial evidence" and that it's collaborating with overseas law enforcement authorities following the hack of telecom provider Optus. "Operation Hurricane has been launched to identify the criminals behind the alleged breach and to help shield Australians from identity fraud," the AFP  said  in a statement. The development comes after Optus, Australia's second-largest wireless carrier,  disclosed  on September 22, 2022, that it was a victim of a cyberattack. It claimed it "immediately shut down the attack" as soon as it came to light. The threat actor behind the breach also briefly released a sample of 10,200 records from the breach – putting those users at heightened risk of fraud – in addition to asking for $1 million as part of an extortion demand. The dataset has since been taken down, with the attacker also claiming to have deleted the only copy of the sto...

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At least three alleged hacktivist groups working in support of Russian interests are likely doing so in collaboration with state-sponsored cyber threat actors, according to Mandiant. The Google-owned threat intelligence and incident response firm  said  with moderate confidence that "moderators of the purported hacktivist Telegram channels 'XakNet Team,' 'Infoccentr,' and 'CyberArmyofRussia_Reborn' are coordinating their operations with Russian Main Intelligence Directorate (GRU)-sponsored cyber threat actors." Mandiant's assessment is based on evidence that the leakage of data stolen from Ukrainian organizations occurred within 24 hours of  malicious wiper incidents  undertaken by the Russian nation-state group tracked as  APT28  (aka Fancy Bear, Sofacy, or Strontium). To that end, four of the 16 data leaks from these groups coincided with  disk wiping malware attacks  by APT28 that involved the use of a strain dubbed  CaddyWiper . APT...

A China-aligned advanced persistent threat actor known as TA413 weaponized recently disclosed flaws in Sophos Firewall and Microsoft Office to deploy a never-before-seen backdoor called LOWZERO as part of an espionage campaign aimed at Tibetan entities. Targets primarily consisted of organizations associated with the Tibetan community, including enterprises associated with the Tibetan government-in-exile. The intrusions involved the exploitation of  CVE-2022-1040  and  CVE-2022-30190  (aka "Follina"), two remote code execution vulnerabilities in Sophos Firewall and Microsoft Office, respectively. "This willingness to rapidly incorporate new techniques and methods of initial access contrasts with the group's continued use of well known and reported capabilities, such as the Royal Road RTF weaponizer, and often lax infrastructure procurement tendencies," Recorded Future  said  in a new technical analysis. TA413, also known as LuckyCat, has been linked t...

The  BlackCat ransomware crew  has been spotted fine-tuning their malware arsenal to fly under the radar and expand their reach. "Among some of the more notable developments has been the use of a new version of the Exmatter data exfiltration tool, and the use of Eamfo, information-stealing malware that is designed to steal credentials stored by Veeam backup software," researchers from Symantec  said  in a new report. BlackCat, also known by the names ALPHV and Noberus, is attributed to an adversary tracked as Coreid (aka  FIN7 , Carbanak, or Carbon Spider) and is said to be a  rebranded successor  of  DarkSide  and  BlackMatter , both of which shut shop last year following a string of high-profile attacks, including that of Colonial Pipeline. The threat actor, like other notorious ransomware groups, is known to run a ransomware-as-a-service (RaaS) operation, which involves its core developers enlisting the help of affiliates to carr...

Cybersecurity today matters so much because of everyone's dependence on technology, from collaboration, communication and collecting data to e-commerce and entertainment. Every organisation that needs to deliver services to their customers and employees must protect their IT 'network' - all the apps and connected devices from laptops and desktops to servers and smartphones. While traditionally, these would all live on one "corporate network," - networks today are often just made up of the devices themselves, and how they're connected: across the internet, sometimes via VPNs, to the homes and cafes people work from, to the cloud and data centres where services live. So what threats does this modern network face? Let's look at them in more detail. #1 Misconfiguration According to recent research by  Verizon , misconfiguration errors and misuse now make up 14% of breaches. Misconfiguration errors occur when configuring a system or application so that it...