Malware

Can a quantum algorithm crack RSA cryptography? Not yet

Every CISO has encryption implementation decisions to make at a variety of levels and instances as they sort the support needed for business operations such as production, sales, support, data retention, and communication. These decisions tend to lean heavily on the “ease of use” doctrine and ubiquitousness of the various product offerings being considered. Therefore the alarming report on “research” conducted by a pool of Chinese researchers on the “possibility” that RSA cryptographic algorithm was…

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Medusa Ransomware Gang Picks Up Steam as It Targets Companies Worldwide

Organizations should initiate proactive measures to ensure they are protected from ransomware. The US DHS website, stopransomware.gov, has links to resources that help organizations protect their systems from intrusions that lead to ransomware. To protect against ransomware attacks, organizations should: • Regularly back up data, air gap, and password protect backup copies offline.• Ensure copies of critical data are not accessible for modification or deletion from the system where the data resides.• Implement network segmentation.•…

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Essendant Facing Multi-Day Systems “Outage”

Serving about 30,000 reseller customers, Essendant maintains inventories of more than 160,000 different products, including conventional office supplies, cleaning and break room supplies, office furniture, and technology. The systems outage will significantly impact the supply chain. Essendant has not yet disclosed the reason for this outage. It is unclear if it was a technical problem or the result of a cyber attack. Lately, we have seen different multi-day “outages,” including the incidents that happened in…

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Be Cautious of AI-Generated YouTube Videos, Experts Warn

To combat the dissemination of disinformation, experts advise individuals to exercise caution when watching videos that seem too good to be true and verify information from multiple sources. They also urge social media platforms to proactively identify and remove fraudulent content. Employing multi-factor authentication as well as avoiding clicking suspicious links from unknown sources is advised. https://thehackernews.com/2023/03/warning-ai-generated-youtube-video.html

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Dark Pink APT group linked to new KamiKakaBot attacks in Southeast Asia

The recently identified Dark Pink advanced persistent threat (APT) group is likely behind a fresh set of KamiKakaBot malware attacks on ASEAN governments and military entities, according to Netherlands-based cybersecurity company EclecticIQ. The attacks, which took place in February, were “almost identical” to those reported by Singapore-based global cybersecurity firm Group-IB on January 11, ElectricIQ said. Multiple overlapping techniques used in the campaigns helped EclecticIQ analysts attribute the recent attacks as likely to be the…

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Blackbaud penalized $3M for not disclosing the full scope of ransomware attack

Software firm Blackbaud has agreed to pay a $3 million penalty for failing to disclose the full scope of the ransomware attack it suffered in 2020, according to the US Securities and Exchange Commission (SEC). South Carolina headquartered Blackbaud provides donor relationship management software to various non-profit organizations, including charities, higher education institutions, K-12 schools, healthcare organizations, religious organizations, and cultural organizations. The company detected unauthorized access to its systems on May 14, 2020, which…

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6 reasons why your anti-phishing strategy isn’t working

Phishing attempts are typically like fishing in a barrel — given enough time, a bad actor is 100% likely to reel in a victim. Once they recognize organizations as habitually vulnerable, they will continue to target them and the barrel-fishing cycle goes on and on. “Bad actors are highly motivated and funded with the sole attempt to be successful at attracting only one victim,” says Johanna Baum, CEO and founder of Strategic Security Solutions Consulting.…

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CISA has added two new…

CISA has added two new vulnerabilities to its Known Exploited Vulnerabilities Catalog, based on evidence of active exploitation. CVE-2020-5741 Plex Media Server Remote Code Execution Vulnerability CVE-2021-39144 XStream Remote Code Execution Vulnerability These types of vulnerabilities are frequent attack vectors for malicious cyber actors and pose significant risks to the federal enterprise. Note: To view other newly added vulnerabilities in the catalog, click on the arrow in the “Date Added to Catalog” column—which will sort by descending dates. Binding Operational…

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IceFire Ransomware Now Encrypts Both Linux and Windows Systems

This new encryptor demonstrates the shift of many threat actors to target Linux systems. It is necessary for organizations to pivot to ensure that their Linux devices are adequately covered by behavioral as well as signature-based detections. One way that this could be done is by looking for a large number of file renames in quick succession, although this detection would be at the end of the kill chain. Overall, it is best to ensure…

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Business Email Compromise (BEC) Attacks Only Take Hours According to Microsoft

To prevent BEC attacks, Microsoft recommends implementing security measures such as two-factor authentication, using machine learning to identify suspicious activity, and educating employees about the risks and warning signs of BEC attacks. The report also emphasizes the importance of swift action when an attack is detected, as time is a critical factor in preventing further damage. Source: https://www.bleepingcomputer.com/news/security/microsoft-business-email-compromise-attacks-can-take-just-hours/

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