Technology

Cost of a Data Breach Report 2023: Insights, Mitigators and Best Practices

John Hanley of IBM Security shares 4 key findings from the highly acclaimed annual Cost of a Data Breach Report 2023 What is the IBM Cost of a Data Breach Report? The IBM Cost of a Data Breach Report is an annual report that provides organizations with quantifiable information about the financial impacts of breaches. […]

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New JavaScript Malware Targeted 50,000+ Users at Dozens of Banks Worldwide

A new piece of JavaScript malware has been observed attempting to steal users’ online banking account credentials as part of a campaign that has targeted more than 40 financial institutions across the world. The activity cluster, which employs JavaScript web injections, is estimated to have led to at least 50,000 infected user sessions spanning North

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3,500 Arrested in Global Operation HAECHI-IV Targeting Financial Criminals

A six-month-long international police operation codenamed HAECHI-IV has resulted in the arrests of nearly 3,500 individuals and seizures worth $300 million across 34 countries. The exercise, which took place from July through December 2023, took aim at various types of financial crimes such as voice phishing, romance scams, online sextortion, investment fraud, money laundering

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Alert: Chinese-Speaking Hackers Pose as UAE Authority in Latest Smishing Wave

The Chinese-speaking threat actors behind Smishing Triad have been observed masquerading as the United Arab Emirates Federal Authority for Identity and Citizenship to send malicious SMS messages with the ultimate goal of gathering sensitive information from residents and foreigners in the country. “These criminals send malicious links to their victims’ mobile devices through SMS or

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Product Explained: Memcyco’s Real-Time Defense Against Website Spoofing

Hands-On Review: Memcyco’s Threat Intelligence Solution Website impersonation, also known as brandjacking or website spoofing, has emerged as a significant threat to online businesses. Malicious actors clone legitimate websites to trick customers, leading to financial scams and data theft causing reputation damage and financial losses for both organizations and customers. The Growing Threat of

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Remote Encryption Attacks Surge: How One Vulnerable Device Can Spell Disaster

Ransomware groups are increasingly switching to remote encryption in their attacks, marking a new escalation in tactics adopted by financially motivated actors to ensure the success of their campaigns. “Companies can have thousands of computers connected to their network, and with remote ransomware, all it takes is one underprotected device to compromise the entire network,”

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New Go-Based JaskaGO Malware Targeting Windows and macOS Systems

A new Go-based information stealer malware called JaskaGO has emerged as the latest cross-platform threat to infiltrate both Windows and Apple macOS systems. AT&T Alien Labs, which made the discovery, said the malware is “equipped with an extensive array of commands from its command-and-control (C&C) server.” Artifacts designed for macOS were first observed in July

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Are We Ready to Give Up on Security Awareness Training?

Some of you have already started budgeting for 2024 and allocating funds to security areas within your organization. It is safe to say that employee security awareness training is one of the expenditure items, too. However, its effectiveness is an open question with people still engaging in insecure behaviors at the workplace. Besides, social engineering

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Hackers Abusing GitHub to Evade Detection and Control Compromised Hosts

Threat actors are increasingly making use of GitHub for malicious purposes through novel methods, including abusing secret Gists and issuing malicious commands via git commit messages. “Malware authors occasionally place their samples in services like Dropbox, Google Drive, OneDrive, and Discord to host second stage malware and sidestep detection tools,” ReversingLabs researcher Karlo Zanki&nbsp

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Behind the Scenes of Matveev’s Ransomware Empire: Tactics and Team

Cybersecurity researchers have shed light on the inner workings of the ransomware operation led by Mikhail Pavlovich Matveev, a Russian national who was indicted by the U.S. government earlier this year for his alleged role in launching thousands of attacks across the world. Matveev, who resides in Saint Petersburg and is known by the aliases Wazawaka, m1x,

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