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Communication is a vital skill for any leader at an organization, regardless of seniority. For security leaders, this goes double. Communicating clearly works on multiple levels. On the one hand, security leaders and CISOs must be able to communicate strategies clearly – instructions, incident response plans, and security policies. On the other, they must be able to communicate the importance of security and the value of having robust defenses to the C-level.  For CISOs and other security leaders, this latter skill is crucial but often overlooked or not prioritized. A new webinar: " How to ace your Infosec board deck ," looks to shed light on both the importance of being able to communicate clearly with management, and key strategies to do so effectively. The webinar will feature a conversation with vCISO and Cybersecurity Consultant Dr. Eric Cole, as well as Norwest Venture Partners General Partner Dave Zilberman.  More so than just talking about the dollar value of a sec...

Threat actors have been distributing malicious applications under the guise of seemingly harmless shopping apps to target customers of eight Malaysian banks since at least November 2021. The attacks involved setting up fraudulent but legitimate-looking websites to trick users into downloading the apps, Slovak cybersecurity firm ESET said in a report shared with The Hacker News. The copycat websites impersonated cleaning services such as Maid4u, Grabmaid, Maria's Cleaning, Maid4u, YourMaid, Maideasy and MaidACall and a pet store named PetsMore, all of which are aimed at users in Malaysia. "The threat actors use these fake e-shop applications to phish for banking credentials," ESET  said . "The apps also forward all SMS messages received by the victim to the malware operators in case they contain 2FA codes sent by the bank." The targeted banks include Maybank, Affin Bank, Public Bank Berhad, CIMB bank, BSN, RHB, Bank Islam Malaysia, and Hong Leong Bank. Th...

Ukraine's technical security and intelligence service is warning of a new wave of cyber attacks that are aimed at gaining access to users' Telegram accounts. "The criminals sent messages with malicious links to the Telegram website in order to gain unauthorized access to the records, including the possibility to transfer a one-time code from SMS," the State Service of Special Communication and Information Protection (SSSCIP) of Ukraine  said  in an alert. The attacks , which have been attributed to a threat cluster called "UAC-0094," originate with Telegram messages alerting recipients that a login had been detected from a new device located in Russia and urging the users to confirm their accounts by clicking on a link. The URL, in reality a phishing domain, prompts the victims to enter their phone numbers as well as the one-time passwords sent via SMS that are then used by the threat actors to take over the accounts. The modus operandi  mirrors  that ...

Block, the company formerly known as Square, has disclosed a data breach that involved a former employee downloading unspecified reports pertaining to its Cash App Investing that contained information about its U.S. customers. "While this employee had regular access to these reports as part of their past job responsibilities, in this instance these reports were accessed without permission after their employment ended," the firm  revealed  in a April 4 filing with the U.S. Securities and Exchange Commission (SEC). Block  advertises  Cash App as "the easiest way to send money, spend money, save money, and buy cryptocurrency." The breach is said to have occurred last year on December 10, 2021, with the downloaded reports including customers' full names as well as their brokerage account numbers, and in some cases, brokerage portfolio value, brokerage portfolio holdings, and stock trading activity for one trading day. The San Francisco-based company emphasized...

The U.S. Treasury Department on Tuesday sanctioned Hydra, the same day German law enforcement authorities  disrupted  the world's largest and longest-running dark web marketplace following a coordinated operation in partnership with U.S. officials. The sanctions are part of an "international effort to disrupt proliferation of malicious cybercrime services, dangerous drugs, and other illegal offerings available through the Russia-based site," the Treasury Department  said  in a statement. Along with the sanctions, the Office of Foreign Assets Control (OFAC) disclosed a list of  more than 100 virtual currency addresses  that have been identified as associated with the entity's operations to conduct illicit transactions. The sanctions come as Germany's Federal Criminal Police Office shut down the online criminal marketplace that it said specialized in narcotics trade, seizing its servers and 543 bitcoins worth 23 million euros ($25.3 million). Hydra was ...

The notorious cybercrime group known as FIN7 has diversified its initial access vectors to incorporate software supply chain compromise and the use of stolen credentials, new research has revealed. "Data theft extortion or ransomware deployment following FIN7-attributed activity at multiple organizations, as well as technical overlaps, suggests that FIN7 actors have been associated with various ransomware operations over time," incident response firm Mandiant  said  in a Monday analysis. The cybercriminal group, since its emergence in the mid-2010s, has gained notoriety for large-scale malware campaigns targeting the point-of-sale (POS) systems aimed at restaurant, gambling, and hospitality industries with credit card-stealing malware. FIN7's shift in monetization strategy towards ransomware follows an October 2021 report from Recorded Future's Gemini Advisory unit, which  found  the adversary setting up a fake front company named Bastion Secure to recruit unwit...

Between a series of recent high-profile cybersecurity incidents and the heightened geopolitical tensions, there's rarely been a more dangerous cybersecurity environment. It's a danger that affects every organization – automated attack campaigns don't discriminate between targets. The situation is driven in large part due to a relentless rise in vulnerabilities, with tens of thousands of brand-new vulnerabilities discovered every year. For tech teams that are probably already under-resourced, guarding against this rising tide of threats is an impossible task. Yet, in the battle against cybercrime, some of the most effective and most sensible mitigations are sometimes neglected. In this article, we'll outline why cybersecurity risks have escalated so dramatically – and which easy wins your organization can make for a significant difference in your cybersecurity posture, right now. Recent major cyberattacks point to the danger Cyber security has arguably never been mo...

Germany's Federal Criminal Police Office, the Bundeskriminalamt (BKA), on Tuesday announced the official takedown of Hydra, the world's largest illegal dark web marketplace that has cumulatively facilitated over $5 billion in Bitcoin transactions to date. "Bitcoins amounting to currently the equivalent of approximately €23 million were seized, which are attributed to the marketplace," the BKA said in a press release. Blockchain analytics firm Elliptic confirmed that the seizure occurred on April 5, 2022 in a series of 88 transactions totaling 543.3 BTC. The agency attributed the shutdown of Hydra to an extensive investigation operation conducted by its Central Office for Combating Cybercrime (ZIT) in partnership with U.S. law enforcement authorities that it said had been underway since August 2021. Launched in 2015, Hydra was a Russian-language darknet marketplace that opened as a competitor to the now-defunct Russian Anonymous Marketplace (aka RAMP), primarily...