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Why Crypto Winter is No Excuse to Let Your Cyber Defenses Falter

Why Crypto Winter is No Excuse to Let Your Cyber Defenses Falter

Oct 17, 2022
Don't let the ongoing " crypto winter " lull you into a false sense of cybersecurity. Even as  cryptocurrencies lose value  — and some crypto companies  file for bankruptcy  —  cryptojacking  still poses an urgent threat to enterprises across industries, from financial services to healthcare to industry 4.0 and beyond.  Broadly speaking, cryptojacking is defined as the unauthorized and illegitimate use of an unwitting party's compute and/or server power by a malicious actor to mine cryptocurrencies. While everyone with an internet connection is technically vulnerable to cryptojacking, most attacks target enterprises with significant compute resources, especially those with an outsized number of third-party relationships. (More on that last part in a bit.) And if a malicious actor can breach your cybersecurity defenses for cryptojacking purposes, they can breach them for any number of nefarious reasons.  Under normal conditions, mining for crypt...
New Prestige Ransomware Targeting Polish and Ukrainian Organizations

New Prestige Ransomware Targeting Polish and Ukrainian Organizations

Oct 17, 2022
A new ransomware campaign targeted the transportation and logistics sectors in Ukraine and Poland on October 11 with a previously unknown payload dubbed  Prestige . "The activity shares victimology with recent Russian state-aligned activity, specifically on affected geographies and countries, and overlaps with previous victims of the  FoxBlade  malware (also known as HermeticWiper)," the Microsoft Threat Intelligence Center (MSTIC)  said . The tech giant remarked the intrusions occurred within an hour of each other across all victims, attributing the infections to an unnamed cluster called DEV-0960. It did not disclose the scale of the attacks, but stated it's notifying all affected customers. The campaign is also believed to be distinct from other recent destructive attacks that have involved the use of  HermeticWiper  and  CaddyWiper , the latter of which is launched by a malware loader called  ArguePatch  (aka AprilAxe). The method o...
Zimbra Releases Patch for Actively Exploited Vulnerability in its Collaboration Suite

Zimbra Releases Patch for Actively Exploited Vulnerability in its Collaboration Suite

Oct 17, 2022
Zimbra has  released patches  to contain an actively exploited security flaw in its enterprise collaboration suite that could be leveraged to upload arbitrary files to vulnerable instances. Tracked as  CVE-2022-41352  (CVSS score: 9.8), the issue affects a component of the Zimbra suite called  Amavis , an open source content filter, and more specifically, the cpio utility it uses to scan and extract archives. The flaw, in turn, is said to be rooted in another underlying vulnerability ( CVE-2015-1197 ) that was first disclosed in early 2015, which  according to Flashpoint  was rectified, only to be subsequently reverted in later Linux distributions. "An attacker can use cpio package to gain incorrect access to any other user accounts," Zimbra said in an advisory published last week, adding it "recommends pax over cpio." Fixes are available in the following versions - Zimbra 9.0.0 Patch 27 Zimbra 8.8.15 Patch 34 All an adversary seeking needs ...
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The Hidden Risks of SaaS: Why Built-In Protections Aren't Enough for Modern Data Resilience

The Hidden Risks of SaaS: Why Built-In Protections Aren't Enough for Modern Data Resilience

Jun 26, 2025Data Protection / Compliance
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...
INTERPOL-led Operation Takes Down 'Black Axe' Cyber Crime Organization

INTERPOL-led Operation Takes Down 'Black Axe' Cyber Crime Organization

Oct 17, 2022
The International Criminal Police Organization, also called the Interpol, has announced the arrests of 75 individuals as part of a coordinated global operation against an organized cyber crime syndicate called  Black Axe . "'Black Axe' and other West African organized crime groups have developed transnational networks, defrauding victims of millions while channeling their profits into lavish lifestyles and other criminal activities, from drug trafficking to sexual exploitation," the agency  said . The law enforcement effort, codenamed Operation Jackal, involved the participation of Argentina, Australia, Côte d'Ivoire, France, Germany, Ireland, Italy, Malaysia, Nigeria, Spain, South Africa, the U.A.E, the U.K., and the U.S. Black Axe, which originated as a confraternity in Nigeria around 1977 before evolving into a mafia group, has not only been linked to killing and scamming operations, but also has been accused of infiltrating the country's political s...
Indian Energy Company Tata Power's IT Infrastructure Hit By Cyber Attack

Indian Energy Company Tata Power's IT Infrastructure Hit By Cyber Attack

Oct 15, 2022
Tata Power Company Limited, India's largest integrated power company, on Friday confirmed it was targeted by a cyber attack. The intrusion on IT infrastructure impacted "some of its IT systems," the company  said  in a filing with the National Stock Exchange (NSE) of India. It further said it has taken steps to retrieve and restore the affected machines, adding it put in place security guardrails for customer-facing portals to prevent unauthorized access. The Mumbai-based electric utility company, part of the Tata Group conglomerate, did not disclose any further details about the nature of the attack, or when it took place. That said, cybersecurity firm Recorded Future in April  disclosed  attacks mounted by China-linked adversaries targeting Indian power grid organizations. The network intrusions were said to have been aimed at "at least seven Indian State Load Despatch Centres (SLDCs) responsible for carrying out real-time operations for grid control and ele...
Researchers Detail Windows Zero-Day Vulnerability Patched Last Month

Researchers Detail Windows Zero-Day Vulnerability Patched Last Month

Oct 14, 2022
Details have emerged about a now-patched security flaw in Windows Common Log File System (CLFS) that could be exploited by an attacker to gain elevated permissions on compromised machines. Tracked as  CVE-2022-37969  (CVSS score: 7.8), the issue was addressed by Microsoft as part of its Patch Tuesday updates for September 2022, while also noting that it was being actively exploited in the wild. "An attacker must already have access and the ability to run code on the target system," the company  noted  in its advisory. "This technique does not allow for remote code execution in cases where the attacker does not already have that ability on the target system." It also credited researchers from CrowdStrike, DBAPPSecurity, Mandiant, and Zscaler for reporting the vulnerability without delving into additional specifics surrounding the nature of the attacks. Now, the Zscaler ThreatLabz researcher team has disclosed that it captured an in-the-wild exploit for the the...
New Chinese Cyberespionage Group Targeting IT Service Providers and Telcos

New Chinese Cyberespionage Group Targeting IT Service Providers and Telcos

Oct 14, 2022
Telecommunications and IT service providers in the Middle East and Asia are being targeted by a previously undocumented Chinese-speaking threat group dubbed WIP19 . The espionage-related attacks are characterized by the use of a stolen digital certificate issued by a Korean company called DEEPSoft to sign malicious artifacts deployed during the infection chain to evade detection. "Almost all operations performed by the threat actor were completed in a 'hands-on keyboard' fashion, during an interactive session with compromised machines," SentinelOne researchers Joey Chen and Amitai Ben Shushan Ehrlich  said  in a report this week. "This meant the attacker gave up on a stable [command-and-control] channel in exchange for stealth." WIP, short for work-in-progress, is the moniker assigned by SentinelOne to emerging or hitherto unattributed activity clusters,  similar  to the UNC####, DEV-####, and TAG-## designations given by Mandiant, Microsoft, and Reco...
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