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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" ....

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 ...

If you invite guest users into your Entra ID tenant, you may be opening yourself up to a surprising risk.  A gap in access control in Microsoft Entra's subscription handling is allowing guest users to create and transfer subscriptions into the tenant they are invited into, while maintaining full ownership of them.  All the guest user needs are the permissions to create subscriptions in their home tenant, and an invitation as a guest user into an external tenant. Once inside, the guest user can create subscriptions in their home tenant, transfer them into the external tenant, and retain full ownership rights. This stealthy privilege escalation tactic allows a guest user to gain a privileged foothold in an environment where they should only have limited access. Many organizations treat guest accounts as low-risk based on their temporary, limited access, but this behavior, which works as designed, opens the door to known attack paths and lateral movement within the resource t...

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...

The developers of the information stealer malware known as  Rhadamanthys  are actively iterating on its features, broadening its information-gathering capabilities and also incorporating a plugin system to make it more customizable. This approach not only transforms it into a threat capable of delivering "specific distributor needs," but also makes it more potent, Check Point  said  in a technical deep dive published last week. Rhadamanthys,  first documented  by ThreatMon in October 2022, has been sold under the malware-as-a-service (MaaS) model as early as September 2022 by an actor under the alias "kingcrete2022." Typically distributed through malicious websites mirroring those of genuine software that are advertised through Google ads, the malware is capable of harvesting a wide range of sensitive information from compromised hosts, including from web browsers, crypto wallets, email clients, VPN, and instant messaging apps. "Rhadamanthys represent...

Four U.S. nationals have been charged for participating in an illicit scheme that earned them more than $80 million via cryptocurrency investment scams. The defendants – Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, Rosemead, California; and Hailong Zhu, 40, Naperville, Illinois – have been charged with conspiracy to commit money laundering, concealment money laundering, and international money laundering. The U.S. Department of Justice (DoJ), which announced the arrests of both Zhang and Walker in connection with the fraudulent operation, said the quartet opened shell companies and bank accounts to carry out  pig butchering scams , transferring the ill-gotten funds to domestic and international financial entities. If convicted, Zhang and Walker face a maximum penalty of 20 years in prison. Their alleged co-conspirators remain at large. "The overall fraud scheme in the related pig-butchering syndicate involved at least 284...