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Can you imagine launching a global bug bounty platform with almost 500,000 submissions and 13,000 researchers without consuming a cent from venture capitalists? If not, this success story is for you. The once skyrocketing bug bounty industry seems to be not in the best shape today. While prominent security researchers are talking about a growing multitude of hurdles they experience with the leading commercial bug bounty platforms, the latter are trying to reinvent themselves as "next-generation penetration testing" or similar services. You be the judge of how successful they will be. Generous venture funds have poured many millions into rapidly spending bug bounty startups that have not replaced Managed Penetration Testing (MPT) services (as some declared). However, these startups have positively improved the price/quality ratio of pen testing services on the global market. Amid the uncertainty for the future of commercial bug bounty platforms, the not-for-profit Op...

Cybersecurity researchers on Tuesday lifted the lid on a previously undocumented malware strain dubbed " MosaicLoader " that singles out individuals searching for cracked software as part of a global campaign. "The attackers behind MosaicLoader created a piece of malware that can deliver any payload on the system, making it potentially profitable as a delivery service," Bitdefender researchers said in a  report  shared with The Hacker News. "The malware arrives on target systems by posing as cracked installers. It downloads a malware sprayer that obtains a list of URLs from the C2 server and downloads the payloads from the received links." The malware has been so named because of its sophisticated internal structure that's orchestrated to prevent reverse-engineering and evade analysis. Attacks involving MosaicLoader rely on a well-established tactic for malware delivery called search engine optimization (SEO) poisoning, wherein cybercriminals purc...

What's the price of unprotected IT infrastructure? Cybercrime Magazine says that global damages will surpass $6 billion as soon as 2021 . Here we'll go through some of the most frequent and emerging causes of data breaches in 2019 and see how to address them in a timely manner. Misconfigured Cloud Storage It's hard to find a day without a security incident involving unprotected AWS S3 storage, Elasticsearch, or MongoDB. A global study from Thales and the Ponemon Institute states that only 32% of organizations believe protecting their data in a cloud is their own responsibility. Worse, according to the same report, 51% of the organizations still do not use encryption or tokenization to protect sensitive data in the cloud. McAfee confirms, claiming that 99% of cloud and IaaS misconfigurations fall into the realm of end users' control and remain unnoticed. Marco Rottigni, Chief Technical Security Officer EMEA at Qualys , explains the problem: "Some of th...

Threat actors have been observed using seemingly legitimate artificial intelligence (AI) tools and software to sneakily slip malware for future attacks on organizations worldwide. According to Trend Micro, the campaign is using productivity or AI-enhanced tools to deliver malware targeting various regions, including Europe, the Americas, and the Asia, Middle East, and Africa (AMEA) region. Manufacturing, government, healthcare, technology, and retail are some of the top sectors affected by the attacks, with India, the U.S., France, Italy, Brazil, Germany, the U.K., Norway, Spain, and Canada emerging as the regions with the most infections, indicating a global spread. "This swift, widespread distribution across multiple regions strongly indicates that EvilAI is not an isolated incident but rather an active and evolving campaign currently circulating in the wild," security researchers Jeffrey Francis Bonaobra, Joshua Aquino, Emmanuel Panopio, Emmanuel Roll, Joshua Lijandro ...

Hi there! Here's your quick update on the latest in cybersecurity. Hackers are using new tricks to break into systems we thought were secure—like finding hidden doors in locked houses. But the good news? Security experts are fighting back with smarter tools to keep data safe. Some big companies were hit with attacks, while others fixed their vulnerabilities just in time. It's a constant battle. For you, staying protected means keeping your devices and apps up to date. In this newsletter, we'll break down the top stories. Whether you're protecting personal data or managing security for a business, we've got tips to help you stay safe. Let's get started! ⚡ Threat of the Week China Calls Volt Typhoon an Invention of the U.S. : China's National Computer Virus Emergency Response Center (CVERC) has claimed that the threat actor tracked Volt Typhoon is an invention of U.S. intelligence agencies and their allies. It also accused the U.S. of carrying out false flag operations in ...

The U.S. government funding for non-profit research giant MITRE to operate and maintain its Common Vulnerabilities and Exposures ( CVE ) program will expire Wednesday, an unprecedented development that could shake up one of the foundational pillars of the global cybersecurity ecosystem. The 25-year-old CVE program is a valuable tool for vulnerability management, offering a de facto standard to identify, define, and catalog publicly disclosed security flaws using CVE IDs. The program has listed over 274,000 CVE records to date. Yosry Barsoum, MITRE's vice president and director of the Center for Securing the Homeland (CSH), said its funding to "develop, operate, and modernize CVE and related programs, such as the Common Weakness Enumeration ( CWE ), will expire." "If a break in service were to occur, we anticipate multiple impacts to CVE, including deterioration of national vulnerability databases and advisories, tool vendors, incident response operations, and al...

As the digital world becomes more complicated, the lines between national security and cybersecurity are starting to fade. Recent cyber sanctions and intelligence moves show a reality where malware and fake news are used as tools in global politics. Every cyberattack now seems to have deeper political consequences. Governments are facing new, unpredictable threats that can't be fought with old-school methods. To stay ahead, we need to understand how cybersecurity is now tied to diplomacy, where the safety of networks is just as important as the power of words. ⚡ Threat of the Week U.S. Treasury Sanctions Chinese and North Korean Entities — The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) leveled sanctions against a Chinese cybersecurity company (Sichuan Juxinhe Network Technology Co., LTD.) and a Shanghai-based cyber actor (Yin Kecheng) over their alleged links to Salt Typhoon and Silk Typhoon threat clusters. Kecheng was associated with the breach of...

With so much of the world transitioning to working, shopping, studying, and streaming online during the coronavirus pandemic, cybercriminals now have access to a larger base of potential victims than ever before. "Zoombomb"  became the new photobomb—hackers would gain access to a private meeting or online class hosted on Zoom and shout  profanities and racial slurs  or flash  pornographic images . Nation-state hacker groups mounted attacks against organizations involved in the coronavirus pandemic response, including the World Health Organization and Centers for Disease Control and Prevention, some in an attempt to politicize the pandemic. Even garden-variety cyber attacks like email phishing, social engineering, and refund theft took on a darker flavor in response to the widespread economic precarity brought on by the pandemic.  "Hackers were mostly trying to take advantage of people's fear by offering medical equipment like thermometers and masks for cheap...

Businesses across the world have been hit by widespread disruptions to their Windows workstations stemming from a faulty update pushed out by cybersecurity company CrowdStrike. "CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts," the company's CEO George Kurtz said in a statement . "Mac and Linux hosts are not impacted. This is not a security incident or cyber attack." The company, which acknowledged "reports of [ Blue Screens of Death ] on Windows hosts," further said it has identified the issue and a fix has been deployed for its Falcon Sensor product, urging customers to refer to the support portal for the latest updates. For systems that have been already impacted by the problem, the mitigation instructions are listed below - Boot Windows in Safe Mode or Windows Recovery Environment Navigate to the C:\Windows\System32\drivers\CrowdStrike directory Find the file named ...