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Cryptocurrency Hacks Still Growing — What Does That Mean for the Industry?

Cryptocurrency Hacks Still Growing — What Does That Mean for the Industry?

May 14, 2019
Though once synonymous with underground networks and black hat hackers, bitcoin and other cryptocurrencies have gone mainstream over the past two years. In 2017, we saw the skyrocket of bitcoin to an all-time high of close to $20,000 followed by a significant decline the following year. But beyond the ups and downs in the market for the world's largest cryptocurrency is a much more sinister story revolving around cyber-attacks of the economy's newest asset class. In 2018, it estimated that as much as $1.7 billion worth of cryptocurrencies were swindled away from investors (likely more) through a variety of means. Whether accomplished through hacking, phishing, or other forms of scamming, it's clear that the crypto industry is facing a serious dilemma with security. For a technological movement based on decentralization and the advantages it offers for security, the number of breaches occurring is startling. Cryptocurrencies offer users a way to send money with
Hackers Used WhatsApp 0-Day Flaw to Secretly Install Spyware On Phones

Hackers Used WhatsApp 0-Day Flaw to Secretly Install Spyware On Phones

May 14, 2019
Whatsapp has recently patched a severe vulnerability that was being exploited by attackers to remotely install surveillance malware on a few "selected" smartphones by simply calling the targeted phone numbers over Whatsapp audio call. Discovered, weaponized and then sold by the Israeli company NSO Group that produces the most advanced mobile spyware on the planet, the WhatsApp exploit installs Pegasus spyware on to Android and iOS devices. According to an advisory published by Facebook, a buffer overflow vulnerability in WhatsApp VOIP stack allows remote attackers to execute arbitrary code on target phones by sending a specially crafted series of SRTCP packets. Apparently, the vulnerability, identified as CVE-2019-3568 , can successfully be exploited to install the spyware and steal data from a targeted Android phone or iPhone by merely placing a WhatsApp call, even when the call is not answered. Also, the victim would not be able to find out about the intrusion af
U.S. Charges 9 'SIM Swapping' Attackers For Stealing $2.5 Million

U.S. Charges 9 'SIM Swapping' Attackers For Stealing $2.5 Million

May 10, 2019
The U.S. Department of Justice today announced charges against nine individuals, 6 of which are members of a hacking group called "The Community" and other 3 are former employees of mobile phone providers who allegedly helped them steal roughly $2.5 million worth of the cryptocurrency using a method known as "SIM Swapping." According to the 15-count indictment unsealed today, five Americans and an Irishman related to The Community hacking group are charged with conspiracy to commit wire fraud, as well as wire fraud and aggravated identity theft. Another three Americans, who reportedly are the former employees of mobile phone providers, are charged in a criminal complaint with the wire fraud. SIM Swapping , or SIM Hijacking , is a type of identity theft that typically involves fraudulently porting of the same number to a new SIM card belonging to the attacker. In SIM swapping, attackers social engineer a victim's mobile phone provider by convincing it
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Managing SaaS Security: What's Your Maturity Level?

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Find out how your security team compares to other organizations in the new SaaS Security Survey report.
How to Build Your Autonomous SOC Strategy

How to Build Your Autonomous SOC Strategy

May 30, 2024Endpoint Security / Threat Detection
Security leaders are in a tricky position trying to discern how much new AI-driven cybersecurity tools could actually benefit a security operations center (SOC). The hype about generative AI is still everywhere, but security teams have to live in reality. They face constantly incoming alerts from endpoint security platforms, SIEM tools, and phishing emails reported by internal users. Security teams also face an acute talent shortage.  In this guide, we'll lay out practical steps organizations can take to automate more of their processes and build an autonomous SOC strategy . This should address the acute talent shortage in security teams, by employing artificial intelligence and machine learning with a variety of techniques, these systems simulate the decision-making and investigative processes of human analysts. First, we'll define objectives for an autonomous SOC strategy and then consider key processes that could be automated. Next, we'll consider different AI and automation
North Korean Hackers Using ELECTRICFISH Tunnels to Exfiltrate Data

North Korean Hackers Using ELECTRICFISH Tunnels to Exfiltrate Data

May 10, 2019
The U.S. Department of Homeland Security (DHS) and the FBI have issued another joint alert about a new piece of malware that the prolific North Korean APT hacking group Hidden Cobra has actively been using in the wild. Hidden Cobra, also known as Lazarus Group and Guardians of Peace, is believed to be backed by North Korean government and known to launch cyber attacks against media organizations, aerospace, financial and critical infrastructure sectors across the world. The hacking group was the same associated with the 2017 WannaCry ransomware menace , the 2014 Sony Pictures hack , and the SWIFT Banking attack in 2016. Now, the DHS and the FBI have uncovered a new malware variant, dubbed ELECTRICFISH , that Hidden Cobra hackers have been using for secretly tunneling traffic out of compromised computer systems. The malware implements a custom protocol configured with a proxy server/port and proxy username and password, allowing hackers to bypass the compromised system'
U.S. Charges Chinese Hacker For 2015 Anthem Data Breach

U.S. Charges Chinese Hacker For 2015 Anthem Data Breach

May 09, 2019
The United States Justice Department today announced charges against a Chinese hacker and his hacking team member for their alleged role in the 2015 massive data breach at health insurance giant Anthem and three other unnamed American companies. Fujie Wang (王 福 杰) and another hacker named John Doe with three different aliases—Deniel Jack, Kim Young, and Zhou Zhihong—are charged with four counts of conspiracy to commit fraud, wire fraud, and damage to a protected computer, according to an indictment [ pdf ] unsealed today in federal court in Indianapolis. In 2015, the hackers managed to breach Anthem, the country's second-largest health insurance company and stole personal information of over 80 Millions of its customers, including their Social Security Numbers, birthdates, email addresses, residential addresses, medical identification numbers, employment information, and income data. The incident marked as one of the worst data breaches in history, with the company paying
Ongoing Attack Stealing Credit Cards From Over A Hundred Shopping Sites

Ongoing Attack Stealing Credit Cards From Over A Hundred Shopping Sites

May 08, 2019
Researchers from Chinese cybersecurity firm Qihoo 360's NetLab have revealed details of an ongoing credit card hacking campaign that is currently stealing payment card information of customers visiting more than 105 e-commerce websites. While monitoring a malicious domain, www.magento-analytics[.]com , for over last seven months, researchers found that the attackers have been injecting malicious JS scripts hosted on this domain into hundreds of online shopping websites. The JavaScript scripts in question include the digital credit card skimming code that when execute on a site, automatically steal payment card information, such as credit card owner name, credit card number, expiration time, CVV information, entered by its customers. In an email Interview, NetLab researcher told The Hacker News that they don't have enough data to determine how hackers infected affected websites on the first place or what vulnerabilities they exploited, but did confirm that all affected
Unpatched Flaw in UC Browser Apps Could Let Hackers Launch Phishing Attacks

Unpatched Flaw in UC Browser Apps Could Let Hackers Launch Phishing Attacks

May 08, 2019
A bug hunter has discovered and publicly disclosed details of an unpatched browser address bar spoofing vulnerability that affects popular Chinese UC Browser and UC Browser Mini apps for Android. Developed by Alibaba-owned UCWeb, UC Browser is one of the most popular mobile browsers, specifically in China and India, with a massive user base of more than half a billion users worldwide. According to the details security researcher Arif Khan shared with The Hacker News, the vulnerability resides in the way User Interface on both browsers handles a special built-in feature that was otherwise designed to improve users Google search experience. The vulnerability, which has yet not assigned any CVE identifier, could allow an attacker to control URL string displayed in the address bar, eventually letting a malicious website to pose as some legitimate site. The vulnerability affects the latest UC Browser version 12.11.2.1184 and UC Browser Mini version 12.10.1.1192—that is current
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