Security News

Microsoft Takes Legal Action to Disrupt Cybercriminals' Illegal Use of Cobalt Strike Tool
2023-04-07 06:15

Microsoft said it teamed up with Fortra and Health Information Sharing and Analysis Center to tackle the abuse of Cobalt Strike by cybercriminals to distribute malware, including ransomware. While Cobalt Strike, developed and maintained by Fortra, is a legitimate post-exploitation tool used for adversary simulation, illegal cracked versions of the software have been weaponized by threat actors over the years.

Resecurity uncovers STYX, new cybercriminal platform focused on financial fraud
2023-04-06 06:10

Resecurity has recently identified the STYX Innovation Marketplace, a new cybercriminal e-commerce platform with a specialized focus on financial fraud and money laundering. This platform is specifically designed to facilitate financial crime, providing cybercriminals with a range of services, including stolen financial data, credit card information, forged documents, money laundering services, victim reconnaissance 'lookups', and more.

Cops use fake DDoS services to take aim at wannabe cybercriminals
2023-03-28 19:58

The fake crimeware-as-a-service offerings that the NCA pretends to operate are so-called booters, also known as stressers, also known as DDoSsers, where DDoS is short for distributed denial of service. In contrast, DDoS attacks are usually much less sophisticated, making them easier for technically inexperienced crooks to take part in, but much more natural-looking, making them harder even for technically experienced defenders to stop.

U.K. National Crime Agency Sets Up Fake DDoS-For-Hire Sites to Catch Cybercriminals
2023-03-25 08:52

In what's a case of setting a thief to catch a thief, the U.K. National Crime Agency revealed that it has created a network of fake DDoS-for-hire websites to infiltrate the online criminal underground. "All of the NCA-run sites, which have so far been accessed by around several thousand people, have been created to look like they offer the tools and services that enable cyber criminals to execute these attacks," the law enforcement agency said.

UK creates fake DDoS-for-hire sites to identify cybercriminals
2023-03-24 16:35

The U.K.'s National Crime Agency revealed today that they created multiple fake DDoS-for-hire service websites to identify cybercriminals who utilize these platforms to attack organizations. NCA says several thousands of people accessed its fake sites, which had a realistic appearance as a genuine booter service.

Why organizations shouldn’t fold to cybercriminal requests
2023-03-24 04:30

Organizations worldwide pay ransomware fees instead of implementing solutions to protect themselves. The ransom is just the tip of the iceberg regarding the damage a ransomware attack can wreak.

Cybercriminals exploit SVB collapse to steal money and data
2023-03-14 15:55

The collapse of the Silicon Valley Bank on March 10, 2023, has sent ripples of turbulence throughout the global financial system, but for hackers, scammers, and phishing campaigns, it's becoming an excellent opportunity. An attack already seen in the wild is from BEC threat actors who are impersonating SVB customers and telling customers that they need payments sent to a new bank account after the bank's collapse.

Cybercriminals Targeting Law Firms with GootLoader and FakeUpdates Malware
2023-03-01 14:02

Six different law firms were targeted in January and February 2023 as part of two disparate threat campaigns distributing GootLoader and FakeUpdates malware strains. GootLoader, active since late 2020, is a first-stage downloader that's capable of delivering a wide range of secondary payloads such as Cobalt Strike and ransomware.

Cybercriminals exploit fear and urgency to trick consumers
2023-02-13 04:00

Cybercriminals remained active in spying and information stealing, with lottery-themed adware campaigns used as a tactic to obtain people's contact details, according to Avast. "At the end of 2022, we have seen an increase in human-centered threats, such as scams tricking people into thinking their computer is infected, or that they have been charged for goods they didn't order. It's human nature to react to urgency, fear and try to regain control of issues, and that's where cybercriminals succeed," said Jakub Kroustek, Avast Malware Research Director.

Cybercriminals exploit volatile job market for targeted email attacks
2023-02-09 04:00

Between July-December 2022, the median open rate for text-based business email compromise attacks was nearly 28%, according to Abnormal Security. "Human beings are relatively easy to manipulate, and employers' expectations regarding the ability of the average employee to identify these modern attacks are far too high. It is much safer to prevent a threat from reaching an employee's inbox than to rely on them to try to detect these sophisticated attacks on their own," Hassold continued.