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Retail banking institutions in Singapore have three months to phase out the use of one-time passwords (OTPs) for authentication purposes when signing into online accounts to mitigate the risk of phishing attacks. The decision was announced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) on July 9, 2024. "Customers who have activated their digital token on their mobile device will have to use their digital tokens for bank account logins via the browser or the mobile banking app," the MAS said . "The digital token will authenticate customers' login without the need for an OTP that scammers can steal, or trick customers into disclosing." The MAS is also urging customers to activate their digital tokens to safeguard against attacks that are designed to steal credentials and hijack their accounts for conducting financial fraud. "This measure provides customers with further protection against unauthorized access to

Cybersecurity researchers have shed light on a new version of a ransomware strain called HardBit that comes packaged with new obfuscation techniques to deter analysis efforts. "Unlike previous versions, HardBit Ransomware group enhanced the version 4.0 with passphrase protection," Cybereason researchers Kotaro Ogino and Koshi Oyama said in an analysis. "The passphrase needs to be provided during the runtime in order for the ransomware to be executed properly. Additional obfuscation hinders security researchers from analyzing the malware." HardBit, which first emerged in October 2022, is a financially motivated threat actor that, similar to other ransomware groups, operates with an aim to generate illicit revenues via double extortion tactics. What makes the threat group stand out is that it does not operate a data leak site, and instead pressurizes victims to pay up by threatening to conduct additional attacks in the future. Its primary mode of communication

It's been a decade since the National Institute of Standards and Technology (NIST) introduced its Cybersecurity Framework (CSF) 1.0. Created following a 2013 Executive Order, NIST was tasked with designing a voluntary cybersecurity framework that would help organizations manage cyber risk, providing guidance based on established standards and best practices. While this version was originally tailored for Critical infrastructure, 2018's version 1.1 was designed for any organization looking to address cybersecurity risk management.  CSF is a valuable tool for organizations looking to evaluate and enhance their security posture. The framework helps security stakeholders understand and assess their current security measures, organize and prioritize actions to manage risks, and improve communication within and outside organizations using a common language. It's a comprehensive collection of guidelines, best practices, and recommendations, divided into five core functions: Identify, Protec

American telecom service provider AT&T has confirmed that threat actors managed to access data belonging to "nearly all" of its wireless customers as well as customers of mobile virtual network operators (MVNOs) using AT&T's wireless network. "Threat actors unlawfully accessed an AT&T workspace on a third-party cloud platform and, between April 14 and April 25, 2024, exfiltrated files containing AT&T records of customer call and text interactions that occurred between approximately May 1 and October 31, 2022, as well as on January 2, 2023," it said . This comprises telephone numbers with which an AT&T or MVNO wireless number interacted – including telephone numbers of AT&T landline customers and customers of other carriers, counts of those interactions, and aggregate call duration for a day or month. A subset of these records also contained one or more cell site identification numbers , potentially allowing the threat actors to triang

Cybersecurity researchers have shed light on a short-lived DarkGate malware campaign that leveraged Samba file shares to initiate the infections. Palo Alto Networks Unit 42 said the activity spanned the months of March and April 2024, with the infection chains using servers running public-facing Samba file shares hosting Visual Basic Script (VBS) and JavaScript files. Targets included North America, Europe, and parts of Asia. "This was a relatively short-lived campaign that illustrates how threat actors can creatively abuse legitimate tools and services to distribute their malware," security researchers Vishwa Thothathri, Yijie Sui, Anmol Maurya, Uday Pratap Singh, and Brad Duncan said . DarkGate, which first emerged in 2018, has evolved into a malware-as-a-service (MaaS) offering used by a tightly controlled number of customers. It comes with capabilities to remotely control compromised hosts, execute code, mine cryptocurrency, launch reverse shells, and drop addit

Two Russian-born Australian citizens have been arrested and charged in the country for spying on behalf of Russia as part of a "complex" law enforcement operation codenamed BURGAZADA . This includes a 40-year-old woman, an Australian Defence Force (ADF) Army Private, and her husband, a 62-year-old self-employed laborer. Media reports have identified them as Kira Korolev and Igor Korolev, respectively, noting that they had been in Australia for over a decade. The married couple were arrested at their home in the Brisbane suburb of Everton Park on July 11, 2024, the Australian Federal Police (AFP) said in a statement. They have been charged with one count each of preparing for an espionage offense, which carries a maximum penalty of 15 years' imprisonment. "It is the first time an espionage offense has been laid in Australia since new laws were introduced by the Commonwealth in 2018," the AFP said . The federal law enforcement agency has alleged the pair

In today's digital age, passwords serve as the keys to our most sensitive information, from social media accounts to banking and business systems. This immense power brings with it significant responsibility—and vulnerability. Most people don't realize their credentials have been compromised until the damage is done. Imagine waking up to drained bank accounts, stolen identities, or a company's reputation in tatters. This isn't just a hypothetical scenario – it's the harsh reality faced by countless individuals and organizations every day. Recent data reveals that compromised credentials are the single biggest attack vector in 2024. That means stolen passwords, not exotic malware or zero-day exploits, are the most common way hackers breach systems and wreak havoc. To help you navigate this critical issue, we invite you to join our exclusive webinar, " Compromised Credentials in 2024: What to Know About the World's #1 Attack Vector. " What You'

A critical security issue has been disclosed in the Exim mail transfer agent that could enable threat actors to deliver malicious attachments to target users' inboxes. The vulnerability , tracked as CVE-2024-39929, has a CVSS score of 9.1 out of 10.0. It has been addressed in version 4.98. "Exim through 4.97.1 misparses a multiline RFC 2231 header filename, and thus remote attackers can bypass a $mime_filename extension-blocking protection mechanism, and potentially deliver executable attachments to the mailboxes of end users," according to a description shared on the U.S. National Vulnerability Database (NVD). Exim is a free, mail transfer agent that's used in hosts that are running Unix or Unix-like operating systems. It was first released in 1995 for use at the University of Cambridge.  Attack surface management firm Censys said 4,830,719 of the 6,540,044 public-facing SMTP mail servers are running Exim. As of July 12, 2024, 1,563,085 internet-accessible

The U.S. Department of Justice (DoJ) said it seized two internet domains and searched nearly 1,000 social media accounts that Russian threat actors allegedly used to covertly spread pro-Kremlin disinformation in the country and abroad on a large scale. "The social media bot farm used elements of AI to create fictitious social media profiles — often purporting to belong to individuals in the United States — which the operators then used to promote messages in support of Russian government objectives," the DoJ said . The bot network, comprising 968 accounts on X, is said to be part of an elaborate scheme hatched by an employee of Russian state-owned media outlet RT (formerly Russia Today), sponsored by the Kremlin, and aided by an officer of Russia's Federal Security Service (FSB), who created and led an unnamed private intelligence organization. The developmental efforts for the bot farm began in April 2022 when the individuals procured online infrastructure while anon

Palo Alto Networks has released security updates to address five security flaws impacting its products, including a critical bug that could lead to an authentication bypass. Cataloged as CVE-2024-5910 (CVSS score: 9.3), the vulnerability has been described as a case of missing authentication in its Expedition migration tool that could lead to an admin account takeover. "Missing authentication for a critical function in Palo Alto Networks Expedition can lead to an Expedition admin account takeover for attackers with network access to Expedition," the company said in an advisory. "Configuration secrets, credentials, and other data imported into Expedition is at risk due to this issue." The flaw impacts all versions of Expedition prior to version 1.2.92, which remediates the problem. Synopsys Cybersecurity Research Center's (CyRC) Brian Hysell has been credited with discovering and reporting the issue. While there is no evidence that the vulnerability has be