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Banking apps from Brazil are being targeted by a more elusive and stealthier version of an Android remote access trojan (RAT) that's capable of carrying out financial fraud attacks by stealing two-factor authentication (2FA) codes and initiating rogue transactions from infected devices to transfer money from victims' accounts to an account operated by the threat actor. IBM X-Force dubbed the revamped banking malware BrazKing , a previous version of which was referred to as  PixStealer  by Check Point Research. The mobile RAT was first seen around November 2018,  according  to ThreatFabric. "It turns out that its developers have been working on making the malware more agile than before, moving its core overlay mechanism to pull fake overlay screens from the command-and-control (C2) server in real-time," IBM X-Force researcher Shahar Tavor  noted  in a technical deep dive published last week. "The malware […] allows the attacker to log keystrokes, extract the pa

In the business world, mergers and acquisitions are commonplace as businesses combine, acquire, and enter various partnerships. Mergers and Acquisitions (M&A) are filled with often very complicated and complex processes to merge business processes, management, and a whole slew of other aspects of combining two businesses into a single logical entity. In the modern business world before and after the acquisition, a new concern with M&A activities is cybersecurity. What role does cybersecurity play in today's mergers and acquisitions of businesses? Why is it becoming a tremendous concern? Cybersecurity threats are growing in leaps and bounds There is no question that cybersecurity risks and threats are growing exponentially. A  report from Cybersecurity Ventures  estimated a ransomware attack on businesses would happen every 11 seconds in 2021. Global ransomware costs in 2021 would exceed $20 billion. It seems there are constantly new reports of major ransomware attacks, cos

Over the past two years, a shocking  51% of organizations surveyed in a leading industry report have been compromised by a cyberattack.  Yes, over half.  And this, in a world where enterprises deploy  an average of 53 different security solutions  to safeguard their digital domain.  Alarming? Absolutely. A recent survey of CISOs and CIOs, commissioned by Pentera and conducted by Global Surveyz Research, offers a quantifiable glimpse into this evolving battlefield, revealing a stark contrast between the growing risks and the tightening budget constraints under which cybersecurity professionals operate. With this report, Pentera has once again taken a magnifying glass to the state of pentesting to release its annual report about today's pentesting practices. Engaging with 450 security executives from North America, LATAM, APAC, and EMEA—all in VP or C-level positions at organizations with over 1,000 employees—the report paints a current picture of modern security validation prac

Web hosting giant GoDaddy on Monday disclosed a data breach that resulted in the unauthorized access of data belonging to a total of 1.2 million active and inactive customers, making it the  third   security incident  to come to light since 2018. In a filing with the U.S. Securities and Exchange Commission (SEC), the world's largest domain registrar  said  that a malicious third-party managed to gain access to its  Managed WordPress  hosting environment on September 6 with the help of a compromised password, using it to obtain sensitive information pertaining to its customers. It's not immediately clear if the compromised password was secured with two-factor authentication. The Arizona-based company  claims  over 20 million customers, with more than 82 million domain names registered using its services. GoDaddy revealed it discovered the break-in on November 17. An investigation into the incident is ongoing and the company said it's "contacting all impacted custo

Weaknesses in e-commerce portals are being exploited to deploy a Linux backdoor as well as a credit card skimmer that's capable of stealing payment information from compromised websites. "The attacker started with automated e-commerce attack probes, testing for dozens of weaknesses in common online store platforms," researchers from Sansec Threat Research  said  in an analysis. "After a day and a half, the attacker found a file upload vulnerability in one of the store's plugins." The name of the affected vendor was not revealed. The initial foothold was then leveraged to upload a malicious web shell and alter the server code to siphon customer data. Additionally, the attacker delivered a Golang-based malware called " linux_avp " that serves as a backdoor to execute commands remotely sent from a command-and-control server hosted in Beijing. Upon execution, the program is designed to remove itself from the disk and camouflage as a " ps -ef

Threat actors are exploiting ProxyLogon and ProxyShell exploits in unpatched Microsoft Exchange Servers as part of an ongoing spam campaign that leverages stolen email chains to bypass security software and deploy malware on vulnerable systems. The findings come from Trend Micro following an investigation into a number of intrusions in the Middle East that culminated in the distribution of a never-before-seen loader dubbed SQUIRRELWAFFLE. First publicly  documented  by Cisco Talos, the attacks are believed to have commenced in mid-September 2021 via laced Microsoft Office documents. "It is known for sending its malicious emails as replies to pre-existing email chains, a tactic that lowers a victim's guard against malicious activities," researchers Mohamed Fahmy, Sherif Magdy, Abdelrhman Sharshar  said  in a report published last week. "To be able to pull this off, we believe it involved the use of a chain of both ProxyLogon and ProxyShell exploits." ProxyLo

Meta, the parent company of Facebook, Instagram, and WhatsApp, disclosed that it doesn't intend to roll out default end-to-end encryption (E2EE) across all its messaging services until 2023, pushing its original plans by at least a year. "We're taking our time to get this right and we don't plan to finish the global rollout of end-to-end encryption by default across all our messaging services until sometime in 2023," Meta's head of safety, Antigone Davis,  said  in a post published in The Telegraph over the weekend. The new scheme, described as a "three-pronged approach," aims to employ a mix of non-encrypted data across its apps as well as account information and reports from users to improve safety and combat abuse, noting that the goal is to deter illegal behavior from happening in the first place, giving users more control, and actively encouraging users to flag harmful messages. Meta had previously  outlined  plans to be "fully end-to-en

A corporate cyber-espionage hacker group has resurfaced after a seven-month hiatus with new intrusions targeting four companies this year, including one of the largest wholesale stores in Russia, while simultaneously making tactical improvements to its toolset in an attempt to thwart analysis. "In every attack, the threat actor demonstrates extensive red teaming skills and the ability to bypass traditional antivirus detection using their own custom malware," Group-IB's Ivan Pisarev  said . Active since at least November 2018, the Russian-speaking  RedCurl hacking group  has been linked to 30 attacks to date with the goal of corporate cyber espionage and document theft aimed at 14 organizations spanning construction, finance, consulting, retail, insurance, and legal sectors and located in the U.K., Germany, Canada, Norway, Russia, and Ukraine. The threat actor uses an array of established hacking tools to infiltrate its targets and steal internal corporate documentat