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Bitfinex Hacker Sentenced to 5 Years, Guilty of Laundering $10.5 Billion in Bitcoin

Bitfinex Hacker Sentenced to 5 Years, Guilty of Laundering $10.5 Billion in Bitcoin

Nov 15, 2024 Financial Fraud / Blockchain
Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice (DoJ) announced Thursday. Lichtenstein was charged for his involvement in a money laundering scheme that led to the theft of nearly 120,000 bitcoins (valued at over $10.5 billion at current prices) from the crypto exchange. Heather Rhiannon Morgan, his wife, also pleaded guilty to the same crimes last year. They were both arrested in February 2022. Morgan is scheduled to be sentenced on November 18. "Lichtenstein, 35, hacked into Bitfinex's network in 2016, using advanced hacking tools and techniques," the DoJ said in a press statement. "Once inside the network, Lichtenstein fraudulently authorized more than 2,000 transactions transferring 119,754 bitcoin from Bitfinex to a cryptocurrency wallet in Lichtenstein's control." TRM Labs said Lichtenstein exploited a vulnerability in Bit...
CISA Flags Two Actively Exploited Palo Alto Flaws; New RCE Attack Confirmed

CISA Flags Two Actively Exploited Palo Alto Flaws; New RCE Attack Confirmed

Nov 15, 2024 Network Security / Vulnerability
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday warned that two more flaws impacting the Palo Alto Networks Expedition software have come under active exploitation in the wild. To that end, it has added the vulnerabilities to its Known Exploited Vulnerabilities ( KEV ) catalog, requiring Federal Civilian Executive Branch (FCEB) agencies to apply the necessary updates by December 5, 2024. The security flaws are listed below - CVE-2024-9463 (CVSS score: 9.9) - Palo Alto Networks Expedition OS Command Injection Vulnerability CVE-2024-9465 (CVSS score: 9.3) - Palo Alto Networks Expedition SQL Injection Vulnerability Successful exploitation of the vulnerabilities could allow an unauthenticated attacker to run arbitrary OS commands as root in the Expedition migration tool or reveal its database contents. This could then pave the way for disclosure of usernames, cleartext passwords, device configurations, and device API keys of PAN-OS firewalls, or cr...
Experts Uncover 70,000 Hijacked Domains in Widespread 'Sitting Ducks' Attack Scheme

Experts Uncover 70,000 Hijacked Domains in Widespread 'Sitting Ducks' Attack Scheme

Nov 14, 2024 Online Fraud / Network Security
Multiple threat actors have been found taking advantage of an attack technique called Sitting Ducks to hijack legitimate domains for using them in phishing attacks and investment fraud schemes for years. The findings come from Infoblox, which said it identified nearly 800,000 vulnerable registered domains over the past three months, of which approximately 9% (70,000) have been subsequently hijacked. "Cybercriminals have used this vector since 2018 to hijack tens of thousands of domain names," the cybersecurity company said in a deep-dive report shared with The Hacker News. "Victim domains include well-known brands, non-profits, and government entities." The little-known attack vector, although originally documented by security researcher Matthew Bryant way back in 2016, didn't attract a lot of attention until the scale of the hijacks was disclosed earlier this August. "I believe there is more awareness [since then]," Dr. Renee Burton, vice pre...
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The Hidden Risks of SaaS: Why Built-In Protections Aren't Enough for Modern Data Resilience

The Hidden Risks of SaaS: Why Built-In Protections Aren't Enough for Modern Data Resilience

Jun 26, 2025Data Protection / Compliance
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...
Google Warns of Rising Cloaking Scams, AI-Driven Fraud, and Crypto Schemes

Google Warns of Rising Cloaking Scams, AI-Driven Fraud, and Crypto Schemes

Nov 14, 2024 Artificial Intelligence / Cryptocurrency
Google has revealed that bad actors are leveraging techniques like landing page cloaking to conduct scams by impersonating legitimate sites. "Cloaking is specifically designed to prevent moderation systems and teams from reviewing policy-violating content which enables them to deploy the scam directly to users," Laurie Richardson, VP and Head of Trust and Safety at Google, said . "The landing pages often mimic well-known sites and create a sense of urgency to manipulate users into purchasing counterfeit products or unrealistic products." Cloaking refers to the practice of serving different content to search engines like Google and users with the ultimate goal of manipulating search rankings and deceiving users. The tech giant said it has also observed a cloaking trend wherein users clicking on ads are redirected via tracking templates to scareware sites that claim their devices are compromised with malware and lead them to other phony customer support sites, w...
5 BCDR Oversights That Leave You Exposed to Ransomware

5 BCDR Oversights That Leave You Exposed to Ransomware

Nov 14, 2024 Ransomware / Disaster Recovery
Ransomware isn't just a buzzword; it's one of the most dreaded challenges businesses face in this increasingly digitized world. Ransomware attacks are not only increasing in frequency but also in sophistication, with new ransomware groups constantly emerging. Their attack methods are evolving rapidly, becoming more dangerous and damaging than ever. Almost all respondents (99.8%) in a recent survey said they are concerned about the risk of identity information, session cookies and other data being extracted from devices infected with malware, activities highly correlated to a future ransomware attack. [1] The harsh reality is that ransomware threats aren't going away anytime soon. Despite organizations' best efforts to prevent these attacks, breaches still happen. As such, backup and disaster recovery become your critical last line of defense against these growing threats. However, many organizations overlook essential disaster recovery (DR) practices, leaving them vulnerable to cybe...
TikTok Pixel Privacy Nightmare: A New Case Study

TikTok Pixel Privacy Nightmare: A New Case Study

Nov 14, 2024 Data Privacy / Compliance
Advertising on TikTok is the obvious choice for any company trying to reach a young market, and especially so if it happens to be a travel company, with 44% of American Gen Zs saying they use the platform to plan their vacations. But one online travel marketplace targeting young holidaymakers with ads on the popular video-sharing platform broke GDPR rules when a third-party partner misconfigured a TikTok pixel on one of its regional sites. An intriguing new case study reveals how the cyber security company that discovered the problem stopped a data breach from becoming a costly flood.  For the full case study, click here .  Dangers Close to Home Cyberattacks often make the headlines because hacking is a natural attention-grabber. The groups behind the attacks seem like modern-day highwaymen, shadowy figures who can rob countless victims from behind a mask of anonymity. Faceless criminals like these will always grab readers' attention, and while this is understandable, we'...
New RustyAttr Malware Targets macOS Through Extended Attribute Abuse

New RustyAttr Malware Targets macOS Through Extended Attribute Abuse

Nov 14, 2024 Cryptojacking / Threat Intelligence
Threat actors have been found leveraging a new technique that abuses extended attributes for macOS files to smuggle a new malware called RustyAttr . The Singaporean cybersecurity company has attributed the novel activity with moderate confidence to the infamous North Korea-linked Lazarus Group, citing infrastructure and tactical overlaps observed in connection with prior campaigns, including RustBucket .  Extended attributes refer to additional metadata associated with files and directories that can be extracted using a dedicated command called xattr . They are often used to store information that goes beyond the standard attributes, such as file size, timestamps, and permissions. The malicious applications discovered by Group-IB are built using Tauri , a cross-platform desktop application framework, and signed with a leaked certificate that has since been revoked by Apple. They include an extended attribute that's configured to fetch and run a shell script. The execution of...
Russian Hackers Exploit New NTLM Flaw to Deploy RAT Malware via Phishing Emails

Russian Hackers Exploit New NTLM Flaw to Deploy RAT Malware via Phishing Emails

Nov 14, 2024 Malware / Vulnerability
A newly patched security flaw impacting Windows NT LAN Manager (NTLM) was exploited as a zero-day by a suspected Russia-linked actor as part of cyber attacks targeting Ukraine. The vulnerability in question, CVE-2024-43451 (CVSS score: 6.5), refers to an NTLM hash disclosure spoofing vulnerability that could be exploited to steal a user's NTLMv2 hash. It was patched by Microsoft earlier this week. "Minimal interaction with a malicious file by a user such as selecting (single-click), inspecting (right-click), or performing an action other than opening or executing could trigger this vulnerability," Microsoft revealed in its advisory. Israeli cybersecurity company ClearSky, which discovered the zero-day exploitation of the flaw in June 2024, said it's been abused as part of an attack chain that delivers the open-source Spark RAT malware. "The vulnerability activates URL files, leading to malicious activity," the company said, adding the malicious file...
Hamas-Affiliated WIRTE Employs SameCoin Wiper in Disruptive Attacks Against Israel

Hamas-Affiliated WIRTE Employs SameCoin Wiper in Disruptive Attacks Against Israel

Nov 13, 2024 Threat Intelligence / Cyber Espionage
A threat actor affiliated with Hamas has expanded its malicious cyber operations beyond espionage to carry out disruptive attacks that exclusively target Israeli entities. The activity, linked to a group called WIRTE , has also targeted the Palestinian Authority, Jordan, Iraq, Saudi Arabia, and Egypt, Check Point said in an analysis. "The [Israel-Hamas] conflict has not disrupted the WIRTE's activity, and they continue to leverage recent events in the region in their espionage operations," the company said . "In addition to espionage, the threat actor recently engaged in at least two waves of disruptive attacks against Israel." WIRTE is the moniker assigned to a Middle Eastern advanced persistent threat (APT) that has been active since at least August 2018, targeting a broad spectrum of entities across the region. It was first documented by Spanish cybersecurity company S2 Grupo. The hacking crew is assessed to be part of a politically motivated group ca...
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