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Cybersecurity researchers have disclosed details of a new vulnerability in a system used across oil and gas organizations that could be exploited by an attacker to inject and execute arbitrary code. The high-severity issue, tracked as  CVE-2022-0902  (CVSS score: 8.1), is a path-traversal vulnerability in ABB Totalflow  flow computers and remote controllers . "Attackers can exploit this flaw to gain root access on an ABB flow computer, read and write files, and remotely execute code," industrial security company Claroty  said  in a report shared with The Hacker News. ABB, a Swedish-Swiss industrial automation firm, has since released  firmware updates  as of July 14, 2022, following responsible disclosure. Flow computers are special-purpose electronic instruments used by petrochemical manufacturers to interpret data from flow meters and calculate and record the volume of substances such as natural gas, crude oils, and other hydrocarbon fluids at ...

The rise in the costs of data breaches, ransomware, and other cyber attacks leads to rising cyber insurance premiums and more limited cyber insurance coverage. This cyber insurance situation increases risks for organizations struggling to find coverage or facing steep increases. Some  Akin Gump Strauss Hauer & Feld LLP's  law firm clients, for example, reported a three-fold increase in insurance rates, and carriers are making "a huge pullback" on coverage limits in the past two years. Their cybersecurity practice co-head, Michelle Reed, adds, "The reduced coverage amount can no longer shield policyholders from cyber losses. A $10 million policy can end up with a $150,000 limit on cyber frauds." The cyber-insurance situation is so concerning that the U.S. Treasury Department recently issued a  request for public input  on a potential federal cyber-insurance response program. This request is in addition to the assessment led conjointly by the Federal Insura...

PC maker Lenovo has addressed yet another set of three shortcomings in the Unified Extensible Firmware Interface (UEFI) firmware affecting several Yoga, IdeaPad, and ThinkBook devices. "The vulnerabilities allow disabling UEFI Secure Boot or restoring factory default Secure Boot databases (incl. dbx): all simply from an OS," Slovak cybersecurity firm ESET  explained  in a series of tweets. UEFI refers to software that acts as an interface between the operating system and the firmware embedded in the device's hardware. Because UEFI is  responsible  for launching the operating system when a device is powered on, it has made the technology an attractive option for threat actors looking to  drop malware  that's difficult to detect and remove. Viewed in that light, the flaws, tracked as CVE-2022-3430, CVE-2022-3431, and CVE-2022-3432, could be abused by an adversary to turn off Secure Boot, a security mechanism that's designed to prevent malicious programs ...

The Russia-linked APT29 nation-state actor has been found leveraging a "lesser-known" Windows feature called Credential Roaming following a successful phishing attack against an unnamed European diplomatic entity. "The diplomatic-centric targeting is consistent with Russian strategic priorities as well as historic APT29 targeting," Mandiant researcher Thibault Van Geluwe de Berlaere  said  in a technical write-up. APT29, a Russian espionage group also called Cozy Bear, Iron Hemlock, and The Dukes, is  known  for its intrusions aimed at collecting intelligence that align with the country's strategic objectives. It's believed to be sponsored by the Foreign Intelligence Service (SVR). Some of the adversarial collective's cyber activities are tracked publicly under the moniker  Nobelium , a threat cluster responsible for the widespread supply chain compromise through SolarWinds software in December 2020. The Google-owned threat intelligence and inciden...

A number of phishing campaigns are leveraging the decentralized InterPlanetary Filesystem (IPFS) network to host malware, phishing kit infrastructure, and facilitate other attacks. "Multiple malware families are currently being hosted within IPFS and retrieved during the initial stages of malware attacks," Cisco Talos researcher Edmund Brumaghin said in an analysis shared with The Hacker News. The research mirrors similar findings from Trustwave SpiderLabs in July 2022, which  found  more than 3,000 emails containing IPFS phishing URLs as an attack vector, calling IPFS the new "hotbed" for hosting phishing sites. IPFS as a technology is both resilient to censorship and takedowns, making it a double-edged sword. Underlying it is a peer-to-peer (P2P) network which replicates content across all participating nodes so that even if a file is removed from one machine, requests for the resource can still be served via other systems. This also makes it ripe for abuse...

The Keksec threat actor has been linked to a previously undocumented malware strain, which has been observed in the wild masquerading as an extension for Chromium-based web browsers to enslave compromised machines into a botnet. Called  Cloud9  by security firm Zimperium, the malicious browser add-on comes with a wide range of features that enables it to siphon cookies, log keystrokes, inject arbitrary JavaScript code, mine crypto, and even enlist the host to carry out DDoS attacks. The extension "not only steals the information available during the browser session but can also install malware on a user's device and subsequently assume control of the entire device," Zimperium researcher Nipun Gupta  said  in a new report. The JavaScript botnet isn't distributed via Chrome Web Store or Microsoft Edge Add-ons, but rather through fake executables and rogue websites disguised as Adobe Flash Player updates. Once installed, the extension is designed to inject a JavaSc...

There are several myths and misconceptions about API security. These myths about securing APIs are crushing your business.  Why so? Because these myths are widening your security gaps. This is making it easier for attackers to abuse APIs. And API attacks are costly. Of course, you will have to bear financial losses. But there are other consequences too:  Reputational damage  Customer attrition  Loss of customer trust  Difficulty in acquiring new customers Legal costs  Massive fines and penalties for non-compliance In this article, we will debunk the top 5 myths about  securing APIs   Secure APIs Better: Top 5 API Security Myths Demystified  Myth 1: API Gateways, Existing IAM Tools, and WAFs are Enough to Secure API Reality:   These aren't enough to secure your APIs. They are layers in API security. They need to be part of a larger security solution.  API gateways monitor endpoints. They provide visibility into API usa...