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The news surrounding the slowing economy has many wondering how much of an impact it will have on their businesses – and lives. And there's good reason to start preparing.  A recent survey by McKinsey & Company found that 85% of small and midsize businesses plan to increase their security spending heading into 2023, while Gartner recently projected that 2022 IT spending will only grow by 3%, down from a 10% growth rate the year before. We're already seeing businesses making cuts and freezing budgets. And smaller organizations that already have limited budgets are more vulnerable than ever. While we are still dealing with the unknown, one thing  is  clear: even as the economy slows down, security threats don't. But there's hope.  A  new eBook  illuminates how one solution can not only help increase security operations efficiency but also provide economic safeguards for security teams that are already strapped for cash.  What is the solution? C...

Australian health insurer Medibank today confirmed that personal data belonging to around 9.7 million of its current and former customers were accessed following a ransomware incident. The  attack , according to the company, was detected in its IT network on October 12 in a manner that it said was "consistent with the precursors to a ransomware event," prompting it to isolate its systems, but not before the attackers exfiltrated the data. "This figure represents around 5.1 million Medibank customers, around 2.8 million ahm customers, and around 1.8 million international customers," the Melbourne-based firm  noted . Compromised details include names, dates of birth, addresses, phone numbers, and email addresses, as well as Medicare numbers (but not expiry dates) for ahm customers, and passport numbers (but not expiry dates) and visa details for international student customers. It further said the incident resulted in the theft of health claims data for about 16...

Facebook appears to have silently rolled out a tool that allows users to remove their contact information, such as phone numbers and email addresses, uploaded by others. The existence of the  tool , which is buried inside a  Help Center page  about " Friending ," was first reported by  Business Insider  last week. It's offered as a way for "Non-users" to "exercise their rights under applicable laws." An Internet Archive search via the Wayback Machine  shows  that the option has been available since at least May 29, 2022. When users  sync the contact lists  on their devices with Facebook (or any other service), it's worth pointing out the  privacy violation , which stems from the fact that those contacts didn't explicitly consent to the upload. "Someone may have uploaded their address book to Facebook, Messenger, or Instagram with your contact information in it," Facebook notes in the page. "You can ask us to confirm whether...

Security researchers are warning of "a trove of sensitive information" leaking through urlscan.io, a website scanner for suspicious and malicious URLs. "Sensitive URLs to shared documents, password reset pages, team invites, payment invoices and more are publicly listed and searchable," Positive Security co-founder, Fabian Bräunlein,  said  in a report published on November 2, 2022. The Berlin-based cybersecurity firm said it started an investigation in the aftermath of a  notification  sent by GitHub in February 2022 to an unknown number of users about sharing their usernames and private repository names (i.e.,  GitHub Pages URLs ) to urlscan.io for metadata analysis as part of an automated process. Urlscan.io, which has been described as a  sandbox for the web , is  integrated  into several security solutions  via its API . "With the type of integration of this API (for example via a security tool that scans every incoming email ...

A phishing-as-a-service (PhaaS) platform known as  Robin Banks  has relocated its attack infrastructure to DDoS-Guard, a Russian provider of bulletproof hosting services. The switch comes after "Cloudflare disassociated Robin Banks phishing infrastructure from its services, causing a multi-day disruption to operations," according to a  report  from cybersecurity company IronNet. Robin Banks was  first documented  in July 2022 when the platform's abilities to offer ready-made phishing kits to criminal actors were revealed, making it possible to steal the financial information of customers of popular banks and other online services. It was also found to prompt users to enter Google and Microsoft credentials on rogue landing pages, suggesting an attempt on part of the malware authors to monetize initial access to corporate networks for post-exploitation activities such as espionage and ransomware. In recent months, Cloudflare's decision to blocklist its ...

Cybersecurity researchers have uncovered 29 packages in Python Package Index (PyPI), the official third-party software repository for the Python programming language, that aim to infect developers' machines with a malware called W4SP Stealer . "The main attack seems to have started around October 12, 2022, slowly picking up steam to a concentrated effort around October 22," software supply chain security company Phylum  said  in a report published this week. The list of offending packages is as follows: typesutil, typestring, sutiltype, duonet, fatnoob, strinfer, pydprotect, incrivelsim, twyne, pyptext, installpy, faq, colorwin, requests-httpx, colorsama, shaasigma, stringe, felpesviadinho, cypress, pystyte, pyslyte, pystyle, pyurllib, algorithmic, oiu, iao, curlapi, type-color, and pyhints. Collectively, the packages have been downloaded more than 5,700 times, with some of the libraries (e.g., twyne and colorsama) relying on typosquatting to trick unsuspecting users...

Microsoft is warning of an uptick among nation-state and criminal actors increasingly leveraging publicly-disclosed zero-day vulnerabilities for breaching target environments. The tech giant, in its 114-page  Digital Defense Report , said it has "observed a reduction in the time between the announcement of a vulnerability and the commoditization of that vulnerability," making it imperative that organizations patch such exploits in a timely manner. This also corroborates with an April 2022 advisory from the U.S. Cybersecurity and Infrastructure Security Agency (CISA), which  found  that bad actors are "aggressively" targeting newly disclosed software bugs against broad targets globally. Microsoft noted that it only takes 14 days on average for an exploit to be available in the wild after public disclosure of a flaw, stating that while zero-day attacks are initially limited in scope, they tend to be swiftly adopted by other threat actors, leading to indiscriminat...

The Transparent Tribe threat actor has been linked to a new campaign aimed at Indian government organizations with trojanized versions of a two-factor authentication solution called Kavach . "This group abuses Google advertisements for the purpose of malvertising to distribute backdoored versions of Kavach multi-authentication (MFA) applications," Zscaler ThreatLabz researcher Sudeep Singh  said  in a Thursday analysis. The cybersecurity company said the advanced persistent threat group has also conducted low-volume credential harvesting attacks in which rogue websites masquerading as official Indian government portals were set up to lure unwitting users into entering their passwords. Transparent Tribe, also known by the monikers APT36, Operation C-Major, and Mythic Leopard, is a suspected Pakistan  adversarial collective  that has a  history  of striking Indian and Afghanistan entities. The latest attack chain is not the first time the threat actor h...

Not too long ago, there was a clear separation between the operational technology (OT) that drives the physical functions of a company – on the factory floor, for example – and the information technology (IT) that manages a company's data to enable management and planning.  As IT assets became increasingly connected to the outside world via the internet, OT remained isolated from IT – and the rest of the world. However, the spread of Industrial IoT (IIoT) as well as the need for constant monitoring and tracking information from manufacturing and assembly lines mean the connection between IT and OT systems has greatly expanded. OT is no longer isolated. OT is now just as exposed to the outside world as IT is. What does this mean for OT security, where hard-to-access devices needed for 24/7 production are difficult to patch? Let's take a look. The Air Gap Is Gone Not so long ago, any data exchange between IT and OT operated via a "sneaker net." An operator would p...