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Here we are with our weekly roundup, briefing this week's top cyber security threats, incidents and challenges. This week has been very short with big news from shutting down of two of the largest Dark Web marketplaces and theft of millions of dollars in the popular Ethereum cryptocurrency to the discovery of new Linux malware leveraging SambaCry exploit. We are here with the outline of this week's stories, just in case you missed any of them. We recommend you read the entire thing ( just click 'Read More' because there's some valuable advice in there as well ). Here's the list of this Week's Top Stories: 1. Feds Shuts Down AlphaBay and Hansa Dark Web Markets — Dream Market Under Suspicion On Thursday, Europol announced that the authorities had shut down two of the largest criminal Dark Web markets — AlphaBay and Hansa — in what's being called the largest-ever international operation against the dark web's black market conducted by the

By now you might be aware of the took down of two of the largest online dark websites— AlphaBay and Hansa —in what's being called the largest-ever international operation against the dark web's black market conducted by the FBI, DEA (Drug Enforcement Agency) and Dutch National Police. But the interesting aspect of the takedown was that the federal authorities shut down AlphaBay , but took control of the Hansa market and kept it running for at least a month in an effort to monitor the activities of its visitors. The visitors of Hansa market also included a massive flood of Alphabay refugees, as the seizer of AlphaBay Market forced their visitors to join the Hansa market for illegal trading and purchasing. However, not just Hansa, after AlphaBay's shutdown , many of its users also joined another website known as Dream Market, which is believed to be the second-largest dark web marketplace, ahead of Hansa. After the shutdown of both AlphaBay and Hansa, Dream Market

It comes as no surprise that today's cyber threats are orders of magnitude more complex than those of the past. And the ever-evolving tactics that attackers use demand the adoption of better, more holistic and consolidated ways to meet this non-stop challenge. Security teams constantly look for ways to reduce risk while improving security posture, but many approaches offer piecemeal solutions – zeroing in on one particular element of the evolving threat landscape challenge – missing the forest for the trees.  In the last few years, Exposure Management has become known as a comprehensive way of reigning in the chaos, giving organizations a true fighting chance to reduce risk and improve posture. In this article I'll cover what Exposure Management is, how it stacks up against some alternative approaches and why building an Exposure Management program should be on  your 2024 to-do list. What is Exposure Management?  Exposure Management is the systematic identification, evaluation,

What could be the best way to take over and disrupt cyber espionage campaigns? Hacking them back? Probably not. At least not when it's Microsoft, who is continuously trying to protect its users from hackers, cyber criminals and state-sponsored groups. It has now been revealed that Microsoft has taken a different approach to disrupt a large number of cyber espionage campaigns conducted by " Fancy Bear " hacking group by using the lawsuit as a tool — the tech company cleverly hijacked some of its servers with the help of law. Microsoft used its legal team last year to sue Fancy Bear in a federal court outside Washington DC, accusing the hacking group of computer intrusion, cybersquatting, and reserving several domain names that violate Microsoft's trademarks, according to a detailed report published  by the Daily Beast. Fancy Bear — also known as APT28, Sofacy, Sednit, and Pawn Storm — is a sophisticated hacking group that has been in operation since at least

With the growing number of cyber attacks and breaches, a significant number of companies and organisations have started Bug Bounty programs for encouraging hackers, bug hunters and researchers to find and responsibly report bugs in their services and get rewarded. Following major companies and organisations, the non-profit group behind Tor Project – the largest online anonymity network that allows people to hide their real identity online – has finally launched a " Bug Bounty Program ." The Tor Project announced on Thursday that it joined hands with HackerOne to start a public bug bounty program to encourage hackers and security researchers to find and privately report vulnerabilities that could compromise the anonymity network. HackerOne is a bug bounty startup that operates bug bounty programs for companies including Yahoo, Twitter, Slack, Dropbox, Uber, General Motors – and even the United States Department of Defense for Hack the Pentagon initiative. Bug bo

It's finally confirmed — In a coordinated International operation, Europol along with FBI, DEA (Drug Enforcement Agency) and Dutch National Police have seized and taken down AlphaBay , one of the largest criminal marketplaces on the Dark Web. But not just AlphaBay , the law enforcement agencies have also seized another illegal dark web market called HANSA , Europol confirmed in a press release today. According to Europol, both underground criminal markets are "responsible for the trading of over 350,000 illicit commodities including drugs, firearms and cybercrime malware." On July 4th, AlphaBay suddenly went down without any explanation from its administrators, which left its customers in panic. Some of them even suspected that the website's admins had pulled an exit scam and stole user funds. However, last week it was reported that the mysterious shut down of the dark web marketplace was due to a series of raids conducted by the international authorities.

A security researcher has discovered a code injection vulnerability in the thumbnail handler component of GNOME Files file manager that could allow hackers to execute malicious code on targeted Linux machines. Dubbed Bad Taste , the vulnerability ( CVE-2017-11421 ) was discovered by German researcher Nils Dagsson Moskopp, who also released proof-of-concept code on his blog to demonstrate the vulnerability. The code injection vulnerability resides in "gnome-exe-thumbnailer"  — a tool to generate thumbnails from Windows executable files (.exe/.msi/.dll/.lnk) for GNOME, which requires users to have Wine application installed on their systems to open it. Those who are unaware, Wine is a free and open-source software that allows Windows applications to run on the Linux operating system. Moskopp discovered that while navigating to a directory containing the .msi file, GNOME Files takes the filename as an executable input and run it in order to create an image thumbna

An unknown hacker has just stolen nearly $32 million worth of Ethereum – one of the most popular and increasingly valuable cryptocurrencies – from Ethereum wallet accounts linked to at least three companies that seem to have been hacked. This is the third Ethereum cryptocurrency heist that came out two days after an alleged hacker stole $7.4 million worth of Ether from trading platform CoinDash, and two weeks after an unknown attacker hacked into South Korean cryptocurrency exchange Bithumb and stole more than $1 Million in Ether and Bitcoins from user accounts. On Wednesday, Smart contract coding company Parity issued a security alert , warning of a critical vulnerability in Parity's Ethereum Wallet software, which is described as "the fastest and most secure way of interacting with the Ethereum network." Exploiting the vulnerability allowed attackers to compromise at least three accounts and steal nearly 153,000 units of Ether worth just almost US$32 million