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In a joint effort by several law enforcement agencies from 6 different countries, officials have dismantled a major global organized cybercrime network behind GozNym banking malware . GozNym banking malware is responsible for stealing nearly $100 million from over 41,000 victims across the globe, primarily in the United States and Europe, for years. GozNym was created by combining two known powerful Trojans—Gozi ISFB malware, a banking Trojan that first appeared in 2012 and Nymaim, a Trojan downloader that can also function as ransomware. In a press conference held on Thursday, Europol said the operation was successfully conducted with the cooperation between Bulgaria, Germany, Georgia, Moldova, Ukraine, and the United States. The United States has charged ten members of the GozNym criminal network, 5 of which were arrested during several coordinated searches conducted in Bulgaria, Georgia, Moldova, and Ukraine. However, rest of the five defendants reside in Russia and a

A team of security researchers at Microsoft discovered a potentially serious vulnerability in the Bluetooth-supported version of Google's Titan Security Keys that could not be patched with a software update. However, users do not need to worry as Google has announced to offer a free replacement for the affected Titan Security Key dongles. In a security advisory published Wednesday, Google said a "misconfiguration in the Titan Security Keys Bluetooth pairing protocols" could allow an attacker who is physically close to your Security Key (~within 30 feet) to communicate with it or the device to which your key is paired. Launched by Google in August last year, Titan Security Key is a tiny low-cost USB device that offers hardware-based two-factor authentication (2FA) for online accounts with the highest level of protection against phishing attacks. Titan Security Key, which sells for $50 in the Google Store, includes two keys—a USB-A security key with NFC, and a

Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or

Academic researchers today disclosed details of the newest class of speculative execution side-channel vulnerabilities in Intel processors that impacts all modern chips, including the chips used in Apple devices. After the discovery of Spectre and Meltdown processor vulnerabilities earlier last year that put practically every computer in the world at risk, different classes of Spectre and Meltdown variations surfaced again and again. Now, a team of security researchers from multiple universities and security firms has discovered different but more dangerous speculative execution side-channel vulnerabilities in Intel CPUs. The newly discovered flaws could allow attackers to directly steal user-level, as well as system-level secrets from CPU buffers, including user keys, passwords, and disk encryption keys. Speculative execution is a core component of modern processors design that speculatively executes instructions based on assumptions that are considered likely to be true.

It's Patch Tuesday—the day when Microsoft releases monthly security updates for its software. Microsoft has software updates to address a total of 79 CVE-listed vulnerabilities in its Windows operating systems and other products, including a critical wormable flaw that can propagate malware from computer to computer without requiring users' interaction. Out of 79 vulnerabilities, 18 issues have been rated as critical and rest Important in severity. Two of the vulnerabilities addressed this month by the tech giant are listed as publicly known, of which one is listed as under active attack at the time of release. May 2019 security updates address flaws in Windows OS, Internet Explorer, Edge, Microsoft Office, and Microsoft Office Services and Web Apps, ChakraCore, .NET Framework, and ASP.NET, Skype for Android, Azure DevOps Server, and the NuGet Package Manager. Critical Wormable RDP Vulnerability The wormable vulnerability ( CVE-2019-0708 ) resides in Remote Desktop

Adobe today released its monthly software updates to patch a total of 87 security vulnerabilities in its Adobe Acrobat and Reader, Flash Player and Media Encoder, most of which could lead to arbitrary code execution attacks or worse. None of the flaws patched this month in Adobe products has been found exploited in the wild. Out of 87 total flaws, a whopping number of vulnerabilities (i.e., 84 in total) affect Adobe Acrobat and Reader applications alone, where 42 of them are critical and rest 42 are important in severity. Upon successful exploitation, all critical vulnerabilities in Adobe Acrobat and Reader software lead to arbitrary code execution, allowing attackers to take complete control over targeted systems. Adobe has released updated versions of Acrobat and Reader software for Windows and macOS operating systems to address these security vulnerabilities. The update for Adobe Flash Player , which will receive security patch updates until the end of 2020, comes this

Researchers have discovered a severe vulnerability in Cisco products that could allow attackers to implant persistent backdoor on wide range devices used in enterprises and government networks, including routers, switches, and firewalls. Dubbed Thrangrycat or 😾😾😾, the vulnerability, discovered by researchers from the security firm Red Balloon and identified as CVE-2019-1649, affects multiple Cisco products that support Trust Anchor module (TAm). Trust Anchor module (TAm) is a hardware-based Secure Boot functionality implemented in almost all of Cisco enterprise devices since 2013 that ensures the firmware running on hardware platforms is authentic and unmodified. However, researchers found a series of hardware design flaws that could allow an authenticated attacker to make the persistent modification to the Trust Anchor module via FPGA bitstream modification and load the malicious bootloader. "An attacker with root privileges on the device can modify the contents of

Though once synonymous with underground networks and black hat hackers, bitcoin and other cryptocurrencies have gone mainstream over the past two years. In 2017, we saw the skyrocket of bitcoin to an all-time high of close to $20,000 followed by a significant decline the following year. But beyond the ups and downs in the market for the world's largest cryptocurrency is a much more sinister story revolving around cyber-attacks of the economy's newest asset class. In 2018, it estimated that as much as $1.7 billion worth of cryptocurrencies were swindled away from investors (likely more) through a variety of means. Whether accomplished through hacking, phishing, or other forms of scamming, it's clear that the crypto industry is facing a serious dilemma with security. For a technological movement based on decentralization and the advantages it offers for security, the number of breaches occurring is startling. Cryptocurrencies offer users a way to send money with