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Cybersecurity researchers have shed light on the inner workings of the ransomware operation led by Mikhail Pavlovich Matveev, a Russian national who was  indicted by the U.S. government  earlier this year for his alleged role in launching thousands of attacks across the world. Matveev, who resides in Saint Petersburg and is known by the aliases Wazawaka, m1x, Boriselcin, Uhodiransomwar, Orange, and waza, is alleged to have played a crucial part in the development and deployment of LockBit, Babuk, and Hive ransomware variants since at least June 2020. "Wazawaka and his team members prominently exhibit an insatiable greed for ransom payments, demonstrating a significant disregard for ethical values in their cyber operations," Swiss cybersecurity firm PRODAFT  said  in a comprehensive analysis shared with The Hacker News. "Employing tactics that involve intimidation through threats to leak sensitive files, engaging in dishonest practices, and persisting in retaining...

Threat actors are increasingly making use of GitHub for malicious purposes through novel methods, including abusing secret Gists and issuing malicious commands via git commit messages. "Malware authors occasionally place their samples in services like Dropbox, Google Drive, OneDrive, and Discord to host second stage malware and sidestep detection tools," ReversingLabs researcher Karlo Zanki  said  in a report shared with The Hacker News. "But lately, we have observed the increasing use of the GitHub open-source development platform for hosting malware." Legitimate public services are  known  to be  used  by  threat actors  for hosting malware and acting as  dead drop resolvers  to fetch the actual command-and-control (C2) address. While using public sources for C2 does not make them immune to takedowns, they do offer the benefit of allowing threat actors to easily create attack infrastructure that's both inexpensive and reliable. ...

Some of you have already started budgeting for 2024 and allocating funds to security areas within your organization. It is safe to say that employee security awareness training is one of the expenditure items, too. However, its effectiveness is an open question with people still engaging in insecure behaviors at the workplace. Besides, social engineering remains one of the most prevalent attacks, followed by a successful data breach.  Microsoft found  that a popular form of video-based training reduces phish-clicking behavior by about 3%, at best. This number has been stable over the years, says Microsoft, while phishing attacks are increasing yearly.  Regardless, organizations have faith in training and tend to increase their security investments in employee training after attacks. It comes second in the priority list for 51% of organizations, right after incident response planning and testing, according to the IBM Security  "Cost of the Data Breach Report 2023" ....

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...

The Iranian nation-state actor known as  MuddyWater  has leveraged a newly discovered command-and-control (C2) framework called MuddyC2Go in its attacks on the telecommunications sector in Egypt, Sudan, and Tanzania. The Symantec Threat Hunter Team, part of Broadcom, is  tracking  the activity under the name Seedworm, which is also tracked under the monikers Boggy Serpens, Cobalt Ulster, Earth Vetala, ITG17, Mango Sandstorm (formerly Mercury), Static Kitten, TEMP.Zagros, and Yellow Nix. Active since at least 2017,  MuddyWater  is assessed to be affiliated with Iran's Ministry of Intelligence and Security (MOIS), primarily singling out entities in the Middle East. The cyber espionage group's use of  MuddyC2Go  was first highlighted by Deep Instinct last month, describing it as a Golang-based replacement for  PhonyC2 , itself a successor to MuddyC3. However, there is evidence to suggest that it may have been employed as early as 2020. Whi...

The malware loader known as PikaBot is being distributed as part of a  malvertising   campaign  targeting users searching for legitimate software like AnyDesk. "PikaBot was previously only distributed via malspam campaigns similarly to QakBot and emerged as one of the preferred payloads for a threat actor known as TA577," Malwarebytes' Jérôme Segura  said . The malware family, which  first   appeared  in early 2023, consists of a loader and a core module that allows it to operate as a backdoor as well as a distributor for other payloads. This  enables  the threat actors to gain unauthorized remote access to compromised systems and transmit commands from a command-and-control (C2) server, ranging from arbitrary shellcode, DLLs, or executable files, to other malicious tools such as Cobalt Strike. One of the threat actors leveraging PikaBot in its attacks is  TA577 , a prolific cybercrime threat actor that has, in the past, delivered ...

The threat actors associated with the  8220 Gang  have been observed exploiting a high-severity flaw in Oracle WebLogic Server to propagate their malware. The security shortcoming is  CVE-2020-14883  (CVSS score: 7.2), a remote code execution bug that could be exploited by authenticated attackers to take over susceptible servers. "This vulnerability allows remote authenticated attackers to execute code using a gadget chain and is commonly chained with  CVE-2020-14882  (an authentication bypass vulnerability also affecting Oracle Weblogic Server) or the use of leaked, stolen, or weak credentials," Imperva  said  in a report published last week. The 8220 Gang has a history of  leveraging known security flaws  to distribute cryptojacking malware. Earlier this May, the group was spotted utilizing another shortcoming in Oracle WebLogic servers (CVE-2017-3506, CVSS score: 7.4) to rope the devices into a crypto mining botnet. Recent attac...

The threat actors behind the Play ransomware are estimated to have impacted approximately 300 entities as of October 2023, according to a new joint cybersecurity advisory from Australia and the U.S. "Play ransomware actors employ a double-extortion model, encrypting systems after exfiltrating data and have impacted a wide range of businesses and critical infrastructure organizations in North America, South America, Europe, and Australia," authorities  said . Also called Balloonfly and PlayCrypt, Play emerged in 2022, exploiting security flaws in Microsoft Exchange servers (CVE-2022-41040 and CVE-2022-41082) and Fortinet appliances (CVE-2018-13379 and CVE-2020-12812) to breach enterprises and deploy file-encrypting malware. It's worth pointing out that ransomware attacks are increasingly exploiting vulnerabilities rather than using phishing emails as initial infection vectors, jumping from nearly zero in the second half of 2022 to almost a third in the first half of 20...

Technical details have emerged about two now-patched security flaws in Microsoft Windows that could be chained by threat actors to achieve remote code execution on the Outlook email service sans any user interaction. "An attacker on the internet can chain the vulnerabilities together to create a full, zero-click remote code execution (RCE) exploit against Outlook clients," Akamai security researcher Ben Barnea, who discovered the vulnerabilities, said in a  two-part   report  shared with The Hacker News. The security issues, which were addressed by Microsoft in  August  and  October 2023 , respectively, are listed below - CVE-2023-35384  (CVSS score: 5.4) - Windows HTML Platforms Security Feature Bypass Vulnerability CVE-2023-36710  (CVSS score: 7.8) - Windows Media Foundation Core Remote Code Execution Vulnerability CVE-2023-35384 has been described by Akamai as a bypass for a critical security flaw that Microsoft patched in March 2023. T...

Over the past few years, SaaS has developed into the backbone of corporate IT. Service businesses, such as medical practices, law firms, and financial services firms, are almost entirely SaaS based. Non-service businesses, including manufacturers and retailers, have about 70% of their software in the cloud.  These applications contain a wealth of data, from minimally sensitive general corporate information to highly sensitive intellectual property, customer records, and employee data. Threat actors have noted this shift, and are actively working to breach apps to access the data. Here are the top trends influencing the state of SaaS Security for 2024 — and what you can do about it.  Democratization of SaaS  SaaS apps have transformed the way organizations purchase and use software. Business units purchase and onboard the SaaS tools that best fit their needs. While this is empowering for business units that have long been frustrated by delays in procuring and onboardi...