Security News

Podcast: Ransomware Up x10: Disrupting Cybercrime Suppy Chains an Opportunity
2021-08-26 13:00

Year-over-year, ransomware spiked more than tenfold in the first half of 2021, researchers report. According to Fortinet's latest semiannual FortiGuard Labs Global Threat Landscape Report, released on Monday, the telecommunications sector was the most heavily targeted, followed by government, managed security service providers, automotive, and manufacturing sectors.

FIN8 cybercrime gang backdoors US orgs with new Sardonic malware
2021-08-25 13:00

A financially motivated cybercrime gang has breached and backdoored the network of a US financial organization with a new malware known dubbed Sardonic by Bitdefender researchers who first spotted it. Sardonic is a new C++-based backdoor the FIN8 threat actors deployed on targets' systems likely via social engineering or spear-phishing, two of the group's favorite attack methods.

Cybercrime Group Asking Insiders for Help in Planting Ransomware
2021-08-24 08:29

A Nigerian threat actor has been observed attempting to recruit employees by offering them to pay $1 million in bitcoins to deploy Black Kingdom ransomware on companies' networks as part of an insider threat scheme. "The sender tells the employee that if they're able to deploy ransomware on a company computer or Windows server, then they would be paid $1 million in bitcoin, or 40% of the presumed $2.5 million ransom," Abnormal Security said in a report published Thursday.

Cybercrime Group Asking Insiders for Help in Planting Ransomware
2021-08-24 08:29

A Nigerian threat actor has been observed attempting to recruit employees by offering them to pay $1 million in bitcoins to deploy Black Kingdom ransomware on companies' networks as part of an insider threat scheme. "The sender tells the employee that if they're able to deploy ransomware on a company computer or Windows server, then they would be paid $1 million in bitcoin, or 40% of the presumed $2.5 million ransom," Abnormal Security said in a report published Thursday.

Researchers Detail Modus Operandi of ShinyHunters Cyber Crime Group
2021-08-23 06:48

ShinyHunters, a notorious cybercriminal underground group that's been on a data breach spree since last year, has been observed searching companies' GitHub repository source code for vulnerabilities that can be abused to stage larger scale attacks, an analysis of the hackers' modus operandi has revealed. "As Pokémon players hunt and collect"shiny" characters in the game, ShinyHunters collects and resells user data.

Researchers Detail Modus Operandi of ShinyHunters Cyber Crime Group
2021-08-23 06:48

ShinyHunters, a notorious cybercriminal underground group that's been on a data breach spree since last year, has been observed searching companies' GitHub repository source code for vulnerabilities that can be abused to stage larger scale attacks, an analysis of the hackers' modus operandi has revealed. "As Pokémon players hunt and collect"shiny" characters in the game, ShinyHunters collects and resells user data.

Russia tells UN it wants vast expansion of cybercrime offenses, plus network backdoors, online censorship
2021-08-03 20:15

Russia has put forward a draft convention to the United Nations ostensibly to fight cyber-crime. The proposal, titled "United Nations Convention on Countering the Use of Information and Communications Technologies for Criminal Purposes," [PDF] calls for member states to develop domestic laws to punish a far broader set of offenses than current international rules recognize.

HTML smuggling is the latest cybercrime tactic you need to worry about
2021-07-30 10:00

Menlo shared the news along with its discovery of an HTML smuggling campaign it named ISOMorph, which uses the same technique the SolarWinds attackers used in their most recent spearphishing campaign. The ISOMorph attack uses HTML smuggling to drop its first stage on a victim's computer.

New Ransomware Gangs — Haron and BlackMatter — Emerge on Cybercrime Forums
2021-07-29 07:51

Two new ransomware-as-service programs have appeared on the threat radar this month, with one group professing to be a successor to DarkSide and REvil, the two infamous ransomware syndicates that went off the grid following major attacks on Colonial Pipeline and Kaseya over the past few months. "The project has incorporated in itself the best features of DarkSide, REvil, and LockBit," the operators behind the new BlackMatter group said in their darknet public blog, making promises to not strike organizations in several industries, including healthcare, critical infrastructure, oil and gas, defense, non-profit, and government sectors.

Dutch Police Arrest Two Hackers Tied to "Fraud Family" Cybercrime Ring
2021-07-28 22:43

Law enforcement authorities in the Netherlands have arrested two alleged individuals belonging to a Dutch cybercriminal collective who were involved in developing, selling, and renting sophisticated phishing frameworks to other threat actors in what's known as a "Fraud-as-a-Service" operation. Believed to be active since at least 2020, the cybercriminal syndicate has been codenamed "Fraud Family" by cybersecurity firm Group-IB. The frameworks come with phishing kits, tools designed to steal information, and web panels, which allow the fraudsters to interact with the actual phishing site in real time and retrieve the stolen user data.