Security News
Threat actors are actively exploiting a recently disclosed critical security flaw in the WooCommerce Payments WordPress plugin as part of a massive targeted campaign. "Large-scale attacks against the vulnerability, assigned CVE-2023-28121, began on Thursday, July 14, 2023 and continued over the weekend, peaking at 1.3 million attacks against 157,000 sites on Saturday, July 16, 2023," Wordfence security researcher Ram Gall said in a Monday post.
Hackers are conducting widespread exploitation of a critical WooCommerce Payments plugin to gain the privileges of any users, including administrators, on vulnerable WordPress installation. WooCommerce Payments is a very popular WordPress plugin allowing websites to accept credit and debit cards as payment in WooCommerce stores.
Data from the first half of the year indicates that ransomware activity is on track to break previous records, seeing a rise in the number of payments, both big and small. "In fact, ransomware attackers are on pace for their second-biggest year ever, having extorted at least $449.1 million through June.".
Organized criminal groups exploited a flaw in Revolut's payment systems and made off with $20+ million of the company's money, the Financial Times reported on Sunday, citing people with knowledge of the situation. Revolut is a privately held financial technology company that offers a variety of services to over 30 million customers around the globe.
Malicious actors exploited an unknown flaw in Revolut's payment systems to steal more than $20 million of the company's funds in early 2022. The development was reported by the Financial Times, citing multiple unnamed sources with knowledge of the incident.
The WooCommerce Stripe Gateway plugin for WordPress was found to be vulnerable to a bug that allows any unauthenticated user to view order details placed through the plugin. WooCommerce Stripe Payment is a payment gateway for WordPress e-commerce sites, which currently has 900,000 active installations.
A former IT security analyst at Oxford Biomedica has admitted, five years after the fact, to turning to the dark side - by hijacking a cyber attack against his own company in an attempt to divert any ransom payments to himself. Ashley Liles, of Letchworth Garden City, Hertfordshire, pleaded guilty at Reading Crown Court to blackmail and unauthorized access to a computer with intent to commit other offences on May 17 following an investigation by the South East Regional Organised Crime Unit.
The FBI and Ukrainian police have seized nine cryptocurrency exchange websites that facilitated money laundering for scammers and cybercriminals, including ransomware actors. The seized sites allowed users to anonymously convert cryptocurrency into harder-to-trace coins to obscure the money trace and help cybercriminals launder their pilfers without being traced by law enforcement.
The increase in reported ransomware victims across Q1 2023 reflects the continued prevalence of ransomware as a worldwide, industry agnostic threat, according to GuidePoint Security. The report is based on data obtained from publicly available resources, including threat groups themselves, and insight into the ransomware threat landscape.
Two execs and a multinational payment processing company must pay $650k to the US government, says the FTC, which accuses them of knowingly processing credit card payments for Microsoft-themed support scammers. The Justice Department and the Feds claim [PDF] Nexway, along with a web of related companies based in France, Switzerland, Germany, and the US, violated the FTC Act and the Telemarketing Sales Rule by processing payments for India-based Tech Live Connect and "Other foreign clients" that commit telemarketing fraud via tech support scams all over the world, although the agency and the department are regulating the United States side of things.