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New SEC Rules Require U.S. Companies to Reveal Cyber Attacks Within 4 Days

New SEC Rules Require U.S. Companies to Reveal Cyber Attacks Within 4 Days

Jul 27, 2023 Data Breach / Cyber Attack
The U.S. Securities and Exchange Commission (SEC) on Wednesday approved new rules that require publicly traded companies to publicize details of a cyber attack within four days of identifying that it has a "material" impact on their finances, marking a major shift in how computer breaches are disclosed. "Whether a company loses a factory in a fire — or millions of files in a cybersecurity incident — it may be material to investors," SEC chair Gary Gensler  said . "Currently, many public companies provide cybersecurity disclosure to investors. I think companies and investors alike, however, would benefit if this disclosure were made in a more consistent, comparable, and decision-useful way." To that end, the new obligations mandate that companies reveal the incident's nature, scope, and timing, as well as its impact. This disclosure, however, may be delayed by an additional period of up to 60 days should it be determined that giving out such specific...
Decoy Dog: New Breed of Malware Posing Serious Threats to Enterprise Networks

Decoy Dog: New Breed of Malware Posing Serious Threats to Enterprise Networks

Jul 26, 2023 Malware / Cyber Threat
A deeper analysis of a recently discovered malware called  Decoy Dog  has revealed that it's a significant upgrade over the  Pupy RAT , an open-source remote access trojan it's modeled on. "Decoy Dog has a full suite of powerful, previously unknown capabilities – including the ability to move victims to another controller, allowing them to maintain communication with compromised machines and remain hidden for long periods of time," Infoblox  said  in a Tuesday report. "Some victims have actively communicated with a Decoy Dog server for over a year." Other new features allow the malware to execute arbitrary Java code on the client and connect to emergency controllers using a mechanism that's similar to a traditional DNS domain generation algorithm ( DGA ), with the Decoy Dog domains engineered to respond to replayed DNS queries from breached clients. "Decoy Dog has added functionality not available in Pupy," Dr. Renée Burton, head of threat...
The Alarming Rise of Infostealers: How to Detect this Silent Threat

The Alarming Rise of Infostealers: How to Detect this Silent Threat

Jul 26, 2023 Malware / Data Safety
A new study conducted by Uptycs has uncovered a stark increase in the distribution of information stealing (a.k.a. infostealer or stealer) malware. Incidents have more than doubled in Q1 2023, indicating an alarming trend that threatens global organizations. According to the new Uptycs' whitepaper,  Stealers are Organization Killers , a variety of new info stealers have emerged this year, preying on Windows, Linux, and macOS systems. Telegram has notably been used extensively by these malware authors for command, control, and data exfiltration. What is a Stealer? A stealer is a type of malware that targets its victim by stealing sensitive information that can include passwords, login credentials, and other personal data. After collecting such data, the stealer sends it to the threat actor's command and control (C2) system. RedLine and Vidar, two well-known stealers, took advantage of log-providing services to infiltrate private systems. RedLine primarily targets credenti...
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10 Best Practices for Building a Resilient, Always-On Compliance Program

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Download XM Cyber's handbook to learn 10 essential best practices for creating a robust, always-on compliance program.
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Find and Fix the Gaps in Your Security Tools

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Fenix Cybercrime Group Poses as Tax Authorities to Target Latin American Users

Fenix Cybercrime Group Poses as Tax Authorities to Target Latin American Users

Jul 26, 2023 Online Security / Malware
Tax-paying individuals in Mexico and Chile have been targeted by a Mexico-based cybercrime group that goes by the name  Fenix  to breach targeted networks and steal valuable data. A key hallmark of the operation entails cloning official portals of the Servicio de Administración Tributaria (SAT) in Mexico and the Servicio de Impuestos Internos (SII) in Chile and redirecting potential victims to those sites.  "These fake websites prompt users to download a supposed security tool, claiming it will enhance their portal navigation safety," Metabase Q security researchers Gerardo Corona and Julio Vidal  said  in a recent analysis. "However, unbeknownst to the victims, this download actually installs the initial stage of malware, ultimately enabling the theft of sensitive information such as credentials." The goal of Fenix, according to the Latin America-focused cybersecurity firm, is to act as an initial access broker and get a foothold into different companies ...
New AI  Tool 'FraudGPT' Emerges, Tailored for Sophisticated Attacks

New AI Tool 'FraudGPT' Emerges, Tailored for Sophisticated Attacks

Jul 26, 2023 Cyber Crime / Artificial Intelligence
Following the footsteps of  WormGPT , threat actors are advertising yet another cybercrime generative artificial intelligence (AI) tool dubbed  FraudGPT  on various dark web marketplaces and Telegram channels. "This is an AI bot, exclusively targeted for offensive purposes, such as crafting spear phishing emails, creating cracking tools, carding, etc.," Netenrich security researcher Rakesh Krishnan   said  in a report published Tuesday. The cybersecurity firm said the offering has been circulating since at least July 22, 2023, for a subscription cost of $200 a month (or $1,000 for six months and $1,700 for a year). "If your [sic] looking for a Chat GPT alternative designed to provide a wide range of exclusive tools, features, and capabilities tailored to anyone's individuals with no boundaries then look no further!," claims the actor, who goes by the online alias CanadianKingpin. The author also states that the tool could be used to write malicious code, c...
Rust-based Realst Infostealer Targeting Apple macOS Users' Cryptocurrency Wallets

Rust-based Realst Infostealer Targeting Apple macOS Users' Cryptocurrency Wallets

Jul 26, 2023 Cryptocurrency / Endpoint Security
A new malware family called  Realst  has become the latest to target Apple macOS systems, with a third of the samples already designed to infect macOS 14 Sonoma, the upcoming major release of the operating system. Written in the Rust programming language, the malware is distributed in the form of bogus blockchain games and is capable of "emptying crypto wallets and stealing stored password and browser data" from both Windows and macOS machines. Realst was first discovered in the wild by security researcher  iamdeadlyz . "Realst Infostealer is distributed via malicious websites advertising fake blockchain games with names such as Brawl Earth, WildWorld, Dawnland, Destruction, Evolion, Pearl, Olymp of Reptiles, and SaintLegend," SentinelOne security researcher Phil Stokes  said  in a report. "Each version of the fake blockchain game is hosted on its own website complete with associated Twitter and Discord accounts." The cybersecurity firm, which identif...
Critical MikroTik RouterOS Vulnerability Exposes Over Half a Million Devices to Hacking

Critical MikroTik RouterOS Vulnerability Exposes Over Half a Million Devices to Hacking

Jul 26, 2023 Network Security / Vulnerability
A severe privilege escalation issue impacting MikroTik RouterOS could be weaponized by remote malicious actors to execute arbitrary code and seize full control of vulnerable devices. Cataloged as  CVE-2023-30799  (CVSS score: 9.1), the shortcoming is expected to put approximately 500,000 and 900,000 RouterOS systems at risk of exploitation via their web and/or Winbox interfaces, respectively, VulnCheck disclosed in a Tuesday report. "CVE-2023-30799 does require authentication," security researcher Jacob Baines  said . "In fact, the vulnerability itself is a simple privilege escalation from admin to 'super-admin' which results in access to an arbitrary function. Acquiring credentials to RouterOS systems is easier than one might expect." This is because the Mikrotik RouterOS operating system does not offer any protection against password brute-force attacks and ships with a well-known default "admin" user, with its password being an empty string...
North Korean Nation-State Actors Exposed in JumpCloud Hack After OPSEC Blunder

North Korean Nation-State Actors Exposed in JumpCloud Hack After OPSEC Blunder

Jul 25, 2023 Cyber Threat Intelligence
North Korean nation-state actors affiliated with the Reconnaissance General Bureau (RGB) have been attributed to the  JumpCloud hack  following an operational security (OPSEC) blunder that exposed their actual IP address. Google-owned threat intelligence firm Mandiant attributed the activity to a threat actor it tracks under the name UNC4899, which likely shares overlaps with clusters already being monitored as Jade Sleet and TraderTraitor, a group with a history of striking blockchain and cryptocurrency sectors. UNC4899 also overlaps with  APT43 , another hacking crew associated with the Democratic People's Republic of Korea (DPRK) that was unmasked earlier this March as conducting a series of campaigns to gather intelligence and siphon cryptocurrency from targeted companies. The adversarial collective's modus operandi is characterized by the use of Operational Relay Boxes ( ORBs ) using L2TP IPsec tunnels along with commercial VPN providers to disguise the attacker'...
Casbaneiro Banking Malware Goes Under the Radar with UAC Bypass Technique

Casbaneiro Banking Malware Goes Under the Radar with UAC Bypass Technique

Jul 25, 2023 Malware / Cyber Threat
The financially motivated threat actors behind the  Casbaneiro  banking malware family have been observed making use of a User Account Control ( UAC ) bypass technique to gain full administrative privileges on a machine, a sign that the threat actor is evolving their tactics to avoid detection and execute malicious code on compromised assets. "They are still heavily focused on Latin American financial institutions, but the changes in their techniques represent a significant risk to multi-regional financial organizations as well," Sygnia  said  in a statement shared with The Hacker News. Casbaneiro , also known as Metamorfo and Ponteiro, is best known for its banking trojan, which first emerged in mass email spam campaigns targeting the Latin American financial sector in 2018. Infection chains typically begin with a phishing email pointing to a booby-trapped attachment that, when launched, activates a series of steps that culminate in the deployment of the bankin...
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