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Black Arrow Cyber Threat Briefing 24 May 2024
Black Arrow Cyber Threat Intelligence Briefing 24 May 2024:
-Human Error and AI Tops Cyber Threats as 70% of CISOs Worry About Risk
-Threat Research Highlights Growing Mobile Security Risks
-The State of Cyber Security: AI and Geopolitics Mean a Bigger Threat Than Ever
-Family Offices Become Prime Targets for Cyber Hacks and Ransomware
-Ransomware Fallout - 94% Experience Downtime, 40% Face Work Stoppage
-Employee Discontent - Insider Threat No. 1
-Report Reveals 341% Rise in Advanced Phishing Attacks
-Ransomware and GenAI Raise Security Challenges, Driving Cyber Investment
-New Rules Prompt 93% of Organisations to Rethink Cyber Security Plans
-HR and IT Related Phishing Scams Still Most Popular According to KnowBe4’s Latest Phishing Report
-80% of Exposures from Misconfigurations, as 15 Vendors Account for 62% of Global Attack Surface
-UK to Propose Mandatory Reporting for Ransomware Attacks and Licensing Regime for all Payments
-UK’s Legal Sector Needs to Improve its Cyber Security, Says Experts
Welcome to this week’s Black Arrow Cyber Threat Briefing – a weekly digest, collated and curated by our cyber experts to provide senior and middle management with an easy to digest round up of the most notable threats, vulnerabilities, and cyber related news from the last week.
Top Cyber Stories of the Last Week
Human Error and AI Tops Cyber Threats as 70% of CISOs Worry About Risk
According to a survey of 1,600 CISOs, 70% worry about the risk of a material cyber attack over the next 12 months. Additionally, nearly 31% believe an attack is very likely, compared to 25% in 2023. Amongst the largest concerns were human error, with 75% of CISOs identifying it as their most significant cyber vulnerability, up from 60% in 2023. Furthermore, 80% anticipate that human risk and employee negligence in particular will be major cyber security issues in the next two years. Additionally, artificial intelligence was identified as an emerging concern for 54% of CISOs.
Sources: [The Register] [Infosecurity Magazine] [Cryptopolitan]
The State of Cyber Security: AI and Geopolitics Mean a Bigger Threat Than Ever
A recent report by Check Point reveals that global organisations faced an average of 1,158 weekly cyber attacks in 2023, an increase from 2022. In the UK, 50% of businesses experienced cyber attacks in the past year, with medium and large-sized businesses more affected at 70% and 74%, respectively. A ClubCISO survey found 62% of CISOs believe organisations are ill-equipped for AI-driven attacks, yet 77% haven't increased cyber security spending.
Additionally, a British Foreign Policy Group (BFPG) article highlights cyber threats from geopolitical tensions, with a recent attack on the Ministry of Defence exposing HR and payroll data. The National Cyber Security Centre attributes such attacks to state-affiliated actors like China and Russia. Despite efforts to establish international cyber norms, enforcement remains challenging. Businesses must recognise that cyber security is now deeply intertwined with geopolitics, affecting strategic partnerships and procurement.
Threat Research Highlights Growing Mobile Security Risks
A recent report by a cloud security vendor focusing on the mobile threat landscape found that in the first quarter of 2024, the number of phishing, malicious, denylisted and offensive links delivered to their customers’ mobile devices tripled compared to Q1 2023. The report, which bases its data on 220 million devices, 325 million apps and billions of web items, found that the most common misconfiguration in mobiles was out of date operating systems (37%). When it came to the prevalence of attacks, 75% of organisations reported experiencing mobile phishing attempts targeting their employees.
This comes as a representative from the US Cybersecurity and Infrastructure Security Agency told the Federal Communications Commission earlier this year that there had been “numerous incidents of successful, unauthorised attempts” to steal location data, monitor voice and text messages, and deliver spyware.
Sources: [Economist] [Business Wire]
Family Offices Become Prime Targets for Cyber Hacks and Ransomware
A recent Dentons survey reveals that nearly 80% of family offices perceive a dramatic increase in cyber attack threats, with a quarter experiencing an attack in 2023, up from 17% in 2020. Despite their wealth, family offices often lack the staff and technology to manage these risks effectively. Less than a third report well-developed cyber risk management processes, and only 29% believe their cyber training programs are sufficient. This gap between awareness and action highlights the need for family offices to prioritise comprehensive cyber security measures, including better training, updated policies, and secure communication practices.
Source: [CNBC]
Ransomware Fallout: 94% Experience Downtime, 40% Face Work Stoppage
According to a report by cyber security provider Arctic Wolf, within the last 12 months 48% of organisations identified evidence of a successful breach within their environment and 70% of organisations were the targets of attempted Business Email Compromise (BEC) attacks, with 29% of these targets becoming victims of one or more successful BEC occurrences.
In its survey, the company says “45% of the organizations we spoke with admitted to being the victim of a ransomware attack within the last 12 months”, an increase from the prior year. Of those impacted by ransomware, 86% of attacks including successful data exfiltration and 94% of those impacted by a ransom event experienced a significant downtime and delays. 40% of victims stated they experienced a period of total work stoppage due to ransomware.
Source: [Help Net Security]
Employee Discontent: Insider Threat No. 1
Chief Information Security Officers (CISOs) must integrate human factors into insider risk management (IRM), not just rely on detection technologies. IRM must consider factors such as those raised by recent research where only half of US workers are very satisfied with their jobs, and 28% feel their employers don't care about them. CISOs themselves are affected by job satisfaction; the 2024 IANS/Artico report shows three out of four CISOs are ready to leave their roles. DTEX Systems found 77% of malicious insiders concealed their activities, emphasising the importance of human engagement and feedback in mitigating risks.
Source: [CSO]
Report Reveals 341% Rise in Advanced Phishing Attacks
A recent report has revealed malicious emails increased by 341% over the past 6 months. This included a 217% increase in credential harvesting phishing attacks and a 29% increase in Business Email Compromise (BEC) attacks. The report highlighted the impact of artificial intelligence, noting that since the launch of ChatGPT in November 2022, there has been a 4,151% surge in malicious phishing messages.
Source: [Security Magazine] [ Infosecurity Magazine]
Ransomware and GenAI Raise Security Challenges, Driving Cyber Investment
A recent study by Infosecurity Europe reveals that nearly 40% of cyber security leaders are increasing investments to combat the growing threats of ransomware and AI-generated attacks. A separate survey found 94% of organisations have or plan to implement generative AI use policies, and a third strictly forbid AI tech in their environment. This data highlights the ongoing effort to balance AI benefits with security risks, indicating that there isn’t a one-size-fits-all strategy for formalising AI adoption and usage policies.
Source: [Security Boulevard] [Infosecurity Magazine]
New Rules Prompt 93% of Organisations to Rethink Cyber Security Plans
A recent report reveals that 93% of organisations have re-evaluated their cyber security strategies due to new regulations, with 58% reconsidering their entire approach. The survey, which included 500 cyber security decision-makers from the US and UK, found that 92% reported increased security budgets, with 36% seeing rises of 20-49% and 23% experiencing over 50% increases. Despite this, only 40% feel confident in their resources to comply with regulations, and just one-third believe they can meet all requirements, highlighting significant gaps in preparedness.
Source: [security magazine]
HR and IT Related Phishing Scams Still Most Popular According to KnowBe4’s Latest Phishing Report
A recent KnowBe4 report reveals that HR-related phishing emails account for 42% of top-clicked phishing attempts, followed by IT-related emails at 30%. These phishing tactics exploit employees' trust and evoke immediate responses by mimicking legitimate business communications about dress code changes, tax updates, and training notifications. The report also highlights that nearly a third of users are vulnerable to phishing, emphasising the need for robust security awareness training. A well-trained workforce is essential in defending against increasingly sophisticated phishing attacks that leverage AI and emotional manipulation.
Source: [IT Security Guru]
80% of Exposures from Misconfigurations, as 15 Vendors Account for 62% of Global Attack Surface
A recent XM Cyber report highlights a significant gap in cyber security focus with identity and credential misconfigurations accounting for 80% of security exposures. The study, based on hundreds of thousands of attack path assessments, found that 62% of the global attack surface is concentrated in just 15 vendors. Furthermore, 41% of organisations had at least one compromised device, and 11% experienced ransomware incidents. The report underscores the need for a shift from patching all vulnerabilities to addressing high-impact exposures, especially those around identity management and critical asset protection.
Sources: [Security Magazine] [The Hacker News]
UK to Propose Mandatory Reporting for Ransomware Attacks and Licensing Regime for all Payments
A forthcoming proposal in Britain aims to overhaul the response to ransomware by mandating victims to report incidents and obtain a license before making extortion payments. This initiative, part of a public consultation, includes a ban on ransom payments for critical national infrastructure to deter attacks. The National Cyber Security Centre has highlighted concerns over underreporting, with a 2023 increase in ransomware-related data breaches. The plan’s success hinges on replacing the delayed Action Fraud reporting platform. This proposal marks a significant step in global ransomware policy, with Britain leading international efforts against cyber criminals.
Source: [The Record Media]
UK’s Legal Sector Needs to Improve its Cyber Security, Says Experts
One in ten UK data breaches in 2023 occurred in the legal sector, highlighting that UK law firms are attractive targets for cyber criminals. A recent analysis of the UK’s Information Commissioner's Office (ICO) data found that the legal sector is one of the worst performing sectors for data breaches, with nearly 86 per cent of the incidents within the legal sector involving breaches of personal identifiable information, including instances also affecting sensitive economic and financial data.
Sources [CITY AM]
Governance, Risk and Compliance
UK's legal sector needs to improve its cyber security, say experts (cityam.com)
How to stay on top of evolving cyber security legislation | RSM UK
New rules prompt 93% of organisations to rethink cyber security plans | Security Magazine
One CISO Can’t Fill Your Board’s Cyber Security Gaps (mit.edu)
Security Compliance 101: What It Is and How to Master It - Security Boulevard
Family offices become prime targets for cyber hacks and ransomware (cnbc.com)
Worried about job security, cyber teams hide security incidents - Help Net Security
Law firms warn global risks on the rise (emergingrisks.co.uk)
Financial companies must have data breach incident plans, SEC says | SC Media (scmagazine.com)
Businesses must overcome security communication roadblocks – Channel EYE
Why Culture is the Bedrock of Cyber Security - Infosecurity Magazine (infosecurity-magazine.com)
IT Security Leaders Are Failing to Close a Boardroom Credibility Gap (prnewswire.com)
Effective GRC programs rely on team collaboration - Help Net Security
Understanding cyber risks beyond data breaches - Help Net Security
De-risking the business - how to evolve your approach to security | TechRadar
IT and security data is siloed in most organisations (betanews.com)
Can Cyber Security Be a Unifying Factor in Digital Trade Negotiations? (darkreading.com)
Threats
Ransomware, Extortion and Destructive Attacks
Family offices become prime targets for cyber hacks and ransomware (cnbc.com)
Ransomware fallout: 94% experience downtime, 40% face work stoppage - Help Net Security
Ransomware Attacks Evolve as Average Ransom Demand Tops $1.26 Million - Security Boulevard
Ransomware gang targets Windows admins via PuTTy, WinSCP malvertising (bleepingcomputer.com)
Cyber criminals shift tactics to pressure more victims into paying ransoms - Help Net Security
This wiper malware takes data destruction to a whole new level | TechRadar
A Surge in Ransomware: Insights from Our 2024 Cyber Threat Report | Huntress
Ransomware, BEC, GenAI Raise Security Challenges - Security Boulevard
LockBit takedown taking toll as gang plummets down rankings • The Register
First LockBit, now BreachForums: Are cops winning the war? • The Register
2024 sees continued increase in ransomware activity - Help Net Security
Ransomware Attacks Exploit VMware ESXi Vulnerabilities in Alarming Pattern (thehackernews.com)
What role does an initial access broker play in the RaaS model? | TechTarget
Casino cyber attacks put a bullseye on Scattered Spider • The Register
Ransomware innovation slowdown a product of crims' success • The Register
Ransomware Victims
OmniVision Says Personal Information Stolen in Ransomware Attack - Security Week
LockBit says they stole data in London Drugs ransomware attack (bleepingcomputer.com)
Phishing & Email Based Attacks
Grandoreiro Banking Trojan Resurfaces, Targeting Over 1,500 Banks Worldwide (thehackernews.com)
Phishing statistics that will make you think twice before clicking - Help Net Security
Phishing, BEC, and Beyond: Tackling the Top Cyber Threats to UK Banks (prnewswire.co.uk)
Latrodectus Malware Loader Emerges as IcedID's Successor in Phishing Campaigns (thehackernews.com)
Only 60 percent of brands can protect their customers from digital impersonation (betanews.com)
A phish by any other name should still not be clicked – Computerworld
Active Chinese Cyber espionage Campaign Rifling Email Servers (inforisktoday.com)
YouTube has become a significant channel for cyber crime - Help Net Security
BEC
The last six months shows a 341% increase in malicious emails | Security Magazine
Phishing, BEC, and Beyond: Tackling the Top Cyber Threats to UK Banks (prnewswire.co.uk)
Ransomware, BEC, GenAI Raise Security Challenges - Security Boulevard
10 Years in Prison for $4.5 million BEC Scammer Who Bought Ferrari to Launder Money | Tripwire
Other Social Engineering
Artificial Intelligence
The state of cyber security: AI and geopolitics mean a bigger threat than ever - Verdict
Three Questions Every Leader Needs To Ask About AI Cyber Security (forbes.com)
Ransomware, BEC, GenAI Raise Security Challenges - Security Boulevard
Beware – Your Customer Chatbot is Almost Certainly Insecure: Report - Security Week
Human Error and AI Tops Cyber Security Threats in CISO Survey | Cryptopolitan
Consumers continue to overestimate their ability to spot deepfakes - Help Net Security
CIO’s 2024 Checklist: Generative AI, Digital Transformation And More (forbes.com)
Deepfakes Rank As the Second Most Common Cyber Security Incident for US Businesses (darkreading.com)
Data regulator looking into Microsoft’s AI Recall feature | The Independent
US Intelligence Agencies’ Embrace of Generative AI Is at Once Wary and Urgent - Security Week
User Outcry as Slack Scrapes Customer Data for AI Model Training - Security Week
Balancing generative AI cyber security risks and rewards | TechTarget
AI Is The Past, Present And Future Of Cyber Security (forbes.com)
US AI Experts Targeted in SugarGh0st RAT Campaign (darkreading.com)
Transparency is sorely lacking amid growing AI interest | ZDNET
2FA/MFA
Malware
Grandoreiro Banking Trojan Resurfaces, Targeting Over 1,500 Banks Worldwide (thehackernews.com)
400K Linux Servers Recruited by Resurrected Ebury Botnet (darkreading.com)
Another nasty Mac malware is spoofing legitimate software to target macOS users | TechRadar
Foxit PDF Reader Flaw Exploited by Hackers to Deliver Diverse Malware Arsenal (thehackernews.com)
What Does Malware Look Like? Check Out These Real-World Examples (pcmag.com)
Cyber Criminals Exploit GitHub and FileZilla to Deliver Malware Cocktail (thehackernews.com)
Malware Delivery via Cloud Services Exploits Unicode Trick to Deceive Users (thehackernews.com)
MS Exchange Server Flaws Exploited to Deploy Keylogger in Targeted Attacks (thehackernews.com)
Keylogger Embedded Microsoft Exchange Server Steals Login Credentials (cybersecuritynews.com)
Latrodectus Malware Loader Emerges as IcedID's Successor in Phishing Campaigns (thehackernews.com)
Researchers spot cryptojacking attack that disables endpoint protections | Ars Technica
US AI Experts Targeted in SugarGh0st RAT Campaign (darkreading.com)
New BiBi Wiper version also destroys the disk partition table (bleepingcomputer.com)
Novel EDR-Killing 'GhostEngine' Malware Is Built for Stealth (darkreading.com)
Malicious actors are cat-phishing targets in order to spread malware | Security Magazine
Mobile
It is dangerously easy to hack the world’s phones (economist.com)
How often should you turn off your phone? Here's what the NSA says | PCWorld
North Korea-linked Kimsuky APT attack targets victims via Messenger (securityaffairs.com)
US Official Warns a Cell Network Flaw Is Being Exploited for Spying | WIRED
How to recognise if the security of your work device has been breached (siliconrepublic.com)
Vultur Malware Mimic As Mobile Antivirus Steals Login Credentials (cybersecuritynews.com)
‘Unblockable’ HMRC scam message on iPhones sparks warning (yahoo.com)
Lookout Threat Research Highlights Growing Mobile Security Risks | Business Wire
Internet of Things – IoT
Data Breaches/Leaks
Aon reveals cyber attack/data breach as top risk for financial institutions - Reinsurance News
NYSE parent fined $10M for breach reporting failure • The Register
Were The Ashley Madison Hackers Ever Caught? (screenrant.com)
49 Million Customers Impacted by API Security Flaw - Security Boulevard
Army personnel fear for their jobs after huge MoD cyber attack | The Independent
Criminal record database of millions of Americans dumped online | Malwarebytes
Optus denies claims of ‘cloaking’ Deloitte cyber attack report findings - Lawyers Weekly
Record breaking number of data breaches reported | Bailiwick Express
55,000 Impacted by Cyber Attack on California School Association - Security Week
Organised Crime & Criminal Actors
Were The Ashley Madison Hackers Ever Caught? (screenrant.com)
HP Catches Cyber Criminals 'Cat-Phishing' Users (darkreading.com)
Cyber crime on the rise as account takeovers become leading method (investmentnews.com)
YouTube has become a significant channel for cyber crime - Help Net Security
Ransomware innovation slowdown a product of crims' success • The Register
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Kinsing Hacker Group Exploits More Flaws to Expand Botnet for Cryptojacking (thehackernews.com)
Researchers spot cryptojacking attack that disables endpoint protections | Ars Technica
Dutch police tracked a crypto theft to one of world’s worst botnets (thenextweb.com)
He Trained Cops to Fight Crypto Crime—and Allegedly Ran a $100M Dark-Web Drug Market | WIRED
Insider Risk and Insider Threats
Human Error and AI Tops Cyber Security Threats in CISO Survey | Cryptopolitan
Can we fix the human error problem in cyber security? (siliconrepublic.com)
Insurance
Should You Buy Cyber Insurance in 2024? Pros & Cons (techopedia.com)
Cyber insurance trends: reshaping the industry - SiliconANGLE
Supply Chain and Third Parties
Implementing Third-Party Risk Management Workflows | UpGuard
JAVS courtroom recording software backdoored in supply chain attack (bleepingcomputer.com)
Cloud/SaaS
Critical Bug Allows DoS, RCE, Data Leaks in All Major Cloud Platforms (darkreading.com)
Security concerns impeding cloud migration | SC Media (scmagazine.com)
Malware Delivery via Cloud Services Exploits Unicode Trick to Deceive Users (thehackernews.com)
Are Your SaaS Backups as Secure as Your Production Data? (thehackernews.com)
Identity and Access Management
Encryption
Linux and Open Source
The economic model that made the internet, and the hack that almost broke it : Planet Money : NPR
400K Linux Servers Recruited by Resurrected Ebury Botnet (darkreading.com)
Are all Linux vendor kernels insecure? A new study says yes, but there's a fix | ZDNET
Passwords, Credential Stuffing & Brute Force Attacks
Social Media
YouTube has become a significant channel for cyber crime - Help Net Security
How Secure Is The Metaverse? (A Look At Cyber Threats And Defences) (forbes.com)
Malvertising
Ransomware gang targets Windows admins via PuTTy, WinSCP malvertising (bleepingcomputer.com)
The mystery of the targeted ad and the library patron • The Register
Windows admins targeted with clever malvertising scam | TechRadar
Training, Education and Awareness
Regulations, Fines and Legislation
NYSE parent fined $10M for breach reporting failure • The Register
Intercontinental Exchange Will Pay $10 Million to Resolve SEC Cyber Probe (wsj.com)
UK considering mandatory reporting for ransomware attacks (computing.co.uk)
How to stay on top of evolving cyber security legislation | RSM UK
Security Compliance 101: What It Is and How to Master It - Security Boulevard
Singapore updates cyber security law to expand regulatory oversight | ZDNET
The Dawn of DORA: Building a Resilient Financial Infrastructure (finextra.com)
What American Enterprises Can Learn From Europe's GDPR Mistakes (darkreading.com)
Preparing Your Organisation for Upcoming Cyber Security Deadlines (darkreading.com)
Backup and Recovery
Data Protection
Careers, Working in Cyber and Information Security
The IT skills shortage situation is not expected to get any better - Help Net Security
UK Government ramps up efforts to bridge cyber security skills gap (holyrood.com)
Persistent Burnout Is Still a Crisis in Cyber Security (darkreading.com)
5 Ways SMBs Can Bridge the Cyber Security Skills Gap | Mimecast
Law Enforcement Action and Take Downs
Dutch police tracked a crypto theft to one of world’s worst botnets (thenextweb.com)
Police caught circumventing city bans on face recognition • The Register
10 Years in Prison for $4.5 million BEC Scammer Who Bought Ferrari to Launder Money | Tripwire
LockBit takedown taking toll as gang plummets down rankings • The Register
He Trained Cops to Fight Crypto Crime—and Allegedly Ran a $100M Dark-Web Drug Market | WIRED
Casino cyber attacks put a bullseye on Scattered Spider • The Register
First LockBit, now BreachForums: Are cops winning the war? • The Register
No time to take eye of the ball despite recent cyber success – report (emergingrisks.co.uk)
Nation State Actors, Advanced Persistent Threats (APTs), Cyber Warfare, Cyber Espionage and Geopolitical Threats/Activity
Cyber Warfare and Cyber Espionage
World War War III May Already Have Started—in the Shadows (reason.com)
The state of cyber security: AI and geopolitics mean a bigger threat than ever - Verdict
Nation State Actors
China
The Security Interviews: What is the real cyber threat from China? | Computer Weekly
UK not heeding warning over China threat, says ex-cyber security chief (yahoo.com)
Newly Detected Chinese Group Targeting Military, Government Entities - Security Week
Spies, trade and tech: China’s relationship with Britain (economist.com)
Google, Meta warned that undersea internet cables at risk for Chinese espionage: report (nypost.com)
UK military in data breach - and other cyber security news | World Economic Forum (weforum.org)
Researchers Warn of Chinese-Aligned Hackers Targeting South China Sea Countries (thehackernews.com)
Active Chinese Cyberespionage Campaign Rifling Email Servers (inforisktoday.com)
State hackers turn to massive ORB proxy networks to evade detection (bleepingcomputer.com)
Stronger critical infrastructure defence aimed by Army Cyber Command | SC Media (scmagazine.com)
Former Royal Marine charged with spying for China found dead (thetimes.co.uk)
Russia
New Star Wars Plan: Pentagon Rushes to Counter Threats in Orbit - The New York Times
British man, 64, charged with assisting Russian intelligence service | The Independent
Iran
North Korea
North Korea-linked Kimsuky APT attack targets victims via Messenger (securityaffairs.com)
US Official Warns a Cell Network Flaw Is Being Exploited for Spying | WIRED
North Korea-linked IT workers infiltrated hundreds of US firms (securityaffairs.com)
High-ranking military officials' e-mail hacked, possibly by N. Korea (koreaherald.com)
Other Nation State Actors, Hacktivism, Extremism, Terrorism and Other Geopolitical Threat Intelligence
Vulnerability Management
93% of vulnerabilities unanalysed by NVD since February | TechTarget
How AI-driven patching could transform cyber security | TechTarget
Vulnerabilities
Microsoft Edge gets fixes for five more security vulnerabilities - Neowin
Critical Bug Allows DoS, RCE, Data Leaks in All Major Cloud Platforms (darkreading.com)
Veeam warns of critical Backup Enterprise Manager auth bypass bug (bleepingcomputer.com)
Microsoft Has Yet to Patch 7 Pwn2Own Zero-Days (darkreading.com)
Critical Flaw in AI Python Package Can Lead to System and Data Compromise - Security Week
This devious Wi-Fi security flaw could let hackers eavesdrop on your network with ease | TechRadar
Foxit PDF Reader Flaw Exploited by Hackers to Deliver Diverse Malware Arsenal (thehackernews.com)
Intel's Max Severity Flaw Affects AI Model Compressor Users (govinfosecurity.com)
15 QNAP NAS bugs and one PoC disclosed, update ASAP! (CVE-2024-27130) - Help Net Security
Keylogger Embedded Microsoft Exchange Server Steals Login Credentials (cybersecuritynews.com)
Chrome 125 Update Patches High-Severity Vulnerabilities - Security Week
Ivanti Patches Critical Code Execution Vulnerabilities in Endpoint Manager - Security Week
Unauthenticated RCE Vulnerability in Fortinet FortiSIEM: PoC Published (cybersecuritynews.com)
Ransomware Attacks Exploit VMware ESXi Vulnerabilities in Alarming Pattern (thehackernews.com)
VMware Abused in Recent MITRE Hack for Persistence, Evasion - Security Week
High-severity GitLab flaw lets attackers take over accounts (bleepingcomputer.com)
CISA Warns of Actively Exploited Apache Flink Security Vulnerability (thehackernews.com)
Tools and Controls
New rules prompt 93% of organisations to rethink cyber security plans | Security Magazine
Microsoft to Mandate Multi-Factor Authentication for All Azure Users (cybersecuritynews.com)
What is a Third-Party Risk Assessment in Cyber Security? | UpGuard
Should You Buy Cyber Insurance in 2024? Pros & Cons (techopedia.com)
The Critical Role Of Web Filtering To Secure A Modern Workplace (forbes.com)
We put too much faith in our web browsers, here's why we shouldn't (xda-developers.com)
Windows 11 to Deprecate NTLM, Add AI-Powered App Controls and Security Defences (thehackernews.com)
Google says Microsoft can’t be trusted after email security blunders | ITPro
Fighting identity fraud? Here's why we need better tech - Help Net Security
77 percent of organisations suffer cyber attacks due to identity issues (betanews.com)
Researchers spot cryptojacking attack that disables endpoint protections | Ars Technica
Microsoft's latest Windows 11 security features aim to make it 'more secure out of the box' | ZDNET
Are Your SaaS Backups as Secure as Your Production Data? (thehackernews.com)
Cyber insurance trends: reshaping the industry - SiliconANGLE
The Evolution of Security Operations Centres in the Past Decade | Information Security Buzz
When to Automate and When Not to Automate Security - Security Boulevard
Critical Capabilities of Cyber Security Risk Assessment Tools (cybersaint.io)
How AI-driven patching could transform cyber security | TechTarget
Reports Published in the Last Week
Other News
Aon reveals cyber attack/data breach as top risk for financial institutions - Reinsurance News
15 companies account for 62% of global attack surface | Security Magazine
Cyber attacks are soaring—treat them as an 'act of war', health care exec warns | Fortune Well
If the Lights Went Out: Exploring a Power Grid Failure (greydynamics.com)
Wars in Ukraine and Gaza raise UK infrastructure cyber threat level | New Civil Engineer
Malware power threat real and growing – researchers (emergingrisks.co.uk)
Microsoft’s President to Testify to House Panel on Cyber Security (bloomberglaw.com)
5 Ways SMBs Can Bridge the Cyber Security Skills Gap | Mimecast
Why cyber security is front and centre for rail - Railway Technology (railway-technology.com)
Mitigating cyber security risks in the technology sector | TechRadar
Cyber attacks on construction firms jump, new report finds | News | Building
FUD: How Fear, Uncertainty, and Doubt can ruin your security program - Security Boulevard
Sector Specific
Industry specific threat intelligence reports are available.
Contact us to receive tailored reports specific to the industry/sector and geographies you operate in.
· Automotive
· Construction
· Critical National Infrastructure (CNI)
· Defence & Space
· Education & Academia
· Energy & Utilities
· Estate Agencies
· Financial Services
· FinTech
· Food & Agriculture
· Gaming & Gambling
· Government & Public Sector (including Law Enforcement)
· Health/Medical/Pharma
· Hotels & Hospitality
· Insurance
· Legal
· Manufacturing
· Maritime
· Oil, Gas & Mining
· OT, ICS, IIoT, SCADA & Cyber-Physical Systems
· Retail & eCommerce
· Small and Medium Sized Businesses (SMBs)
· Startups
· Telecoms
· Third Sector & Charities
· Transport & Aviation
· Web3
As usual, contact us to help assess where your risks lie and to ensure you are doing all you can do to keep you and your business secure.
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Black Arrow Cyber Threat Briefing 28th July 2023
Black Arrow Cyber Threat Briefing 28 July 2023:
-Half of UK businesses Struggle to Fill Cyber Security Skills Gap as Companies Encounter Months-long Delays in Filling Critical Security Positions
-Deloitte Joins fellow Big Four MOVEit victims PWC, EY as MOVEit Victims Exceeds 500
-Why Cyber Security Should Be Part of Your ESG Strategy
-Lawyers Take Frontline Role in Business Response to Cyber Attacks
-Organisations Face Record $4.5M Per Data Breach Incident
-Cryptojacking Soars as Cyber Attacks Diversify
-Ransomware Attacks Skyrocket in 2023
-Blocking Access to ChatGPT is a Short-Term Solution to Mitigate AI Risk
-Protect Your Data Like Your Reputation Depends on It (Because it Does)
-Why CISOs Should Get Involved with Cyber Insurance Negotiation
-Companies Must Have Corporate Cyber Security Experts, SEC Says
-Over 400,000 Corporate Credentials Stolen by Info-stealing Malware
Welcome to this week’s Black Arrow Cyber Threat Briefing – a weekly digest, collated and curated by our cyber experts to provide senior and middle management with an easy to digest round up of the most notable threats, vulnerabilities, and cyber related news from the last week.
Top Cyber Stories of the Last Week
Half of UK Businesses Struggle to Fill Cyber Security Skills Gap
Half of UK businesses have a cyber security skills gap that they are struggling to fill amid a challenging labour market, according to data published by the UK Department for Science, Innovation and Technology (DSIT), which found that there were more than 160,000 cyber security job postings in the last year – a 30% increase on the previous period. In all, the UK requires an additional 11,200 people with suitable cyber skills to meet the demands of the market, the report estimates.
In a separate report, it was found that a lack of executive understanding and an ever-widening talent gap is placing an unsustainable burden on security teams to prevent business-ending breaches. When asked how long it takes to fill a cyber security role, 82% of organisations report it takes three months or longer, with 34% reporting it takes seven months or more. These challenges have led one-third (33%) of organisations to believe they will never have a fully-staffed security team with the proper skills.
With such a gap, some organisations have turned to outsourcing cyber security roles, such as chief information security officers (CISOs), leading to a rise in virtual CISOs (vCISO). With outsourcing, organisations can ensure that they are easily able to pick up and use cyber security experts, greatly reducing the delay were they to hire. Black Arrow supports clients as their vCISO with specialist experience in cyber security risk management in a business context.
https://www.uktech.news/cybersecurity/uk-cybersecurity-skills-gap-20230725
https://www.helpnetsecurity.com/2023/07/26/security-teams-executive-burden/
Deloitte Joins Fellow Big Four MOVEit victims PWC, EY as Victims Exceed 500
The global auditing and accounting firm Deloitte appeared alongside a further 55 MOVEit victims that were recently named by the Cl0p ransomware gang, making them the third Big Four accounting firm to be affected and amongst over 500 organisations in total with that number expected to continue to increase.
Research by Kroll has also uncovered a new exfiltration method used by Cl0p in their the MOVEit attacks, highlighting constant efforts by the ransomware gang. Worryingly, it has been reported that Cl0p have made between $75-100 million from ransom payments and it is expected this, along with the victim count, will rise.
https://cybernews.com/security/deloitte-big-four-moveit-pwc-ey-clop/
https://www.infosecurity-magazine.com/news/clop-could-make-100m-moveit/
Why Cyber Security Should Be Part of Your ESG Strategy
Organisations need to consider cyber security risks in their overall environmental, social and governance (ESG) strategy amid growing cyber threats and regulatory scrutiny. The ESG programme is, in many ways, a form of risk management to mitigate the risks to businesses, societies and the environment, all of which can be impacted by cyber security. The investment community has been singling out cyber security as one of the major risks that ESG programmes will need to address due to the potential financial losses, reputational damage and business continuity risks posed by a growing number of cyber attacks and data breaches.
Various ESG reporting frameworks have emerged in recent years to provide organisations with guidelines on how they can operate ethically and sustainably, along with metrics that they can use to measure their progress. There are also specific IT security standards and frameworks, including ISO 27001 and government guidelines. Some regulators have gone as far as mandating the adoption of baseline security standards by critical infrastructure operators and firms in industries like financial services, but that does not mean organisations outside of regulated sectors are less pressured to shore up their cyber security posture.
https://www.computerweekly.com/news/366545432/Why-cyber-security-should-be-part-of-your-ESG-strategy
Lawyers Take Frontline Role in Business Response to Cyber Attacks
Cyber security risk has shot to the top of general counsels’ agendas as the sophistication and frequency of attacks has grown. According to security company Sophos’s State of Ransomware 2023 report, 44% of UK businesses surveyed said they had been hit with ransomware in the past year. Of those affected, 33% said their data was encrypted and stolen and a further 6% said that their data was not encrypted but they experienced extortion.
In-house lawyers have a key role around the boardroom table when dealing with a breach including war-gaming and discussing cases in which a company will pay a ransom. The advent of General Data Protection Regulation (GDPR) legislation in Europe, and equivalents elsewhere, demands that businesses hit by a data breach notify a regulator, and the individuals whose data was stolen, or both, depending on certain factors. This has led to far greater exposure of cyber incidents which companies previously could have tried to deal with privately.
https://www.ft.com/content/2af44ae8-78fc-4393-88c3-0d784a850331
Organisations Face Record $4.5M Per Data Breach Incident
In a recent report conducted by IBM, the average cost per data breach for US business in 2023 jumped to $4.45 million, a 15% increase over three years. In the UK, the average cost was found to be £3.4 million, rising to £5.3 million for financial services. It is likely that the cost per breach will maintain a continual rise, with organisations struggling to crack down on cyber crime, something threat groups like Cl0p are taking advantage of.
https://www.darkreading.com/attacks-breaches/orgs-record-4.5m-data-breach-incident
Cryptojacking Soars as Cyber Attacks Diversify
According to a recent report, a variety of attacks have increased globally, including cryptojacking (399%), IoT malware (37%) and encrypted threats (22%). This reflects the increase in actors who are changing their methods of attacks. The report found that we can expect more state-sponsored activity targeting a broader set of victims in 2023, including SMBs, government entities and enterprises.
Cryptojacking, sometimes referred to as malicious cryptomining, is where an attacker will use a victim’s device to mine cryptocurrency, giving the attacker free money at the expense of your device, network health and electricity.
https://www.helpnetsecurity.com/2023/07/27/cryptojacking-attacks-rise/
Ransomware Attacks Skyrocket in 2023
Ransomware attacks surged by 74% in Q2 2023 compared to the first three months of the year, a new report has found. The significant increase in ransomware over April, May and June 2023 suggests that attackers are regrouping. In July 2023, the blockchain analysis firm Chainalysis found that in the first half of 2023, ransomware attackers extorted $176m more than the same period in 2022, reversing a brief downward trend in 2022.
The report also observed an uptick in “pure extortion attacks,” with cyber criminals increasingly relying on the threat of data leaks rather than encrypting data to extort victims. Such schemes may not trigger any ransomware detection capability but could potentially be picked up by a robust Data Loss Prevention (DLP) solution.
https://www.infosecurity-magazine.com/news/ransomware-attacks-skyrocket-q2/
Blocking Access to ChatGPT is a Short-Term Solution to Mitigate AI Risk
Despite the mass adoption of generative AI, most companies don’t know how to assess its security, exposing them to risks and disadvantages if they don’t change their approach. A report found that for every 10,000 enterprise users, an enterprise organisation is experiencing approximately 183 incidents of sensitive data being posted to ChatGPT per month. Worryingly, despite the security issues, only 45% have an enterprise-wide strategy to ensure a secure, aligned deployment of AI across the entire organisation.
Blocking access to AI related content and AI applications is a short term solution to mitigate risk, but comes at the expense of the potential benefits that AI apps offer to supplement corporate innovation and employee productivity. The data shows that in financial services and healthcare nearly 1 in 5 organisations have implemented a blanket ban on employee use of ChatGPT, while in the technology sector, only 1 in 20 organisations have done likewise.
https://www.helpnetsecurity.com/2023/07/28/chatgpt-exposure/
https://www.techradar.com/pro/lots-of-sensitive-data-is-still-being-posted-to-chatgpt
https://www.helpnetsecurity.com/2023/07/25/generative-ai-strategy/
Protect Your Data Like Your Reputation Depends on It (Because it Does)
Data breaches can be incredibly costly. Be it lawsuits, regulatory fines, or a fall in stock price, the financial consequences of a breach can bring even the largest organisation to its knees. However, in the face of economic damage, it’s too easy to overlook the vast reputational impacts that often do more harm to a business. After all, it’s relatively easy to recoup monetary losses, less so to regain customer trust.
It’s important to remember that reputational damage isn’t limited to consumer perceptions. Stakeholder, shareholder, and potential buyer perception is also something that needs to be considered. By having effective defence in depth controls including robust data loss prevention (DLP) solutions in place, organisations can reduce the risk of a breach from happening.
Why CISOs Should Get Involved with Cyber Insurance Negotiation
Generally negotiating cyber insurance policies falls to the general counsel, chief financial officer, or chief operations officer. Having the chief information security officer (CISO) at the table when negotiating with insurance brokers or carriers is a best practice for ensuring the insurers understand not only which security controls are in place, but why the controls are configured the way they are and the organisation's strategy. That said, often best practices are ignored for reasons of expediency and lack of acceptance by other C-suite executives.
Sometimes being the CISO can be a no-win position. According to a recent survey more than half of all CISOs report to a technical corporate officer rather than the business side of the organisation. This lack of recognition by the board can diminish the CISO's ability to deliver business-imperative insights and recommendations, leaving operations to have a more commanding influence on the board than cyber security. Too often the CISO gets the responsibility to protect the company without the authority and budget to accomplish their task.
Companies Must Have Corporate Cyber Security Experts, SEC Says
A recent report has found that only five Fortune 100 companies currently list a security professional in the executive leadership pages of their websites. This is largely unchanged from five of the Fortune 100 in 2018. One likely reason why a great many companies still don’t include their security leaders within their highest echelons is that these employees do not report directly to the company’s CEO, board of directors, or chief risk officer.
The chief security officer (CSO) or chief information security officer (CISO) position traditionally has reported to an executive in a technical role, such as the chief technology officer (CTO) or chief information officer (CIO). But workforce experts say placing the CISO/CSO on unequal footing with the organisation’s top leaders makes it more likely that cyber security and risk concerns will take a backseat to initiatives designed to increase productivity and generally grow the business.
The US Securities and Exchange Commission (SEC) has recently implemented new regulations necessitating publicly traded companies to report cyber attacks within four business days, once they're deemed material incidents. While the SEC is not presently advocating for the need to validate a board cyber security expert's credentials, it continues to insist that cyber security expertise within management be duly reported to them. The increased disclosure should help companies compare practices and may spur improvements in cyber defences, but meeting the new disclosure standards could be a bigger challenge for smaller companies with limited resources.
Over 400,000 Corporate Credentials Stolen by Info-stealing Malware
Information stealers are malware that steal data stored in applications such as web browsers, email clients, instant messengers, cryptocurrency wallets, file transfer protocol (FTP) clients, and gaming services. The stolen information is packaged into archives called 'logs,' which are then uploaded back to the threat actor for use in attacks or sold on cyber crime marketplaces. Worryingly, employees use personal devices for work or access personal stuff from work computers, and this may result in many info-stealer infections stealing business credentials and authentication cookies. A report has found there are over 400,000 corporate credentials stolen, from applications such as Salesforce, Google Cloud and AWS. Additionally, there was a significant increase in the number containing OpenAI credentials; this is alarming as where AI is used without governance, the credentials may leak things such as internal business strategies and source code.
With such an array of valuable information for an attacker, it is no wonder incidents involving info stealers doubled in Q1 2023. Organisations can best protect themselves by utilising password managers, enforcing multi-factor authentication and having strict usage controls. Additionally, user awareness training can help avoid common infection channels such as malicious websites and adverts.
https://www.scmagazine.com/news/infostealer-incidents-more-than-doubled-in-q1-2023
Governance, Risk and Compliance
Data Breaches Cost Businesses $4.5M on Average (darkreading.com)
Why CISOs Should Get Involved With Cyber Insurance Negotiation (darkreading.com)
SEC now requires companies to disclose cyber attacks in 4 days (bleepingcomputer.com)
Companies Must Have Corporate Cyber security Experts, SEC Says (darkreading.com)
Companies encounter months-long delays in filling critical security positions - Help Net Security
Enterprises should layer-up security to avoid legal repercussions - Help Net Security
Explaining risk maturity models and how they work | TechTarget
Why cyber security should be part of your ESG strategy | Computer Weekly
The old “trust but verify” adage should be the motto for every CISO | CSO Online
Companies are rushing into generative AI without a cohesive, secure strategy - Help Net Security
Few Fortune 100 Firms List Security Pros in Their Executive Ranks – Krebs on Security
The critical cyber security backup plan too many companies are ignoring (cnbc.com)
Protect Your Data Like Your Reputation Depends On It (Because It Does) (informationsecuritybuzz.com)
Why Computer Security Advice Is More Confusing Than It Should Be (darkreading.com)
Why whistleblowers in cyber security are important and need support | CSO Online
Threats
Ransomware, Extortion and Destructive Attacks
Clop now leaks data stolen in MOVEit attacks on clearweb sites (bleepingcomputer.com)
MOVEit Vulnerability Investigations Uncover Additional Exfiltration Method (kroll.com)
Clop Could Make $100m from MOVEit Campaign - Infosecurity Magazine (infosecurity-magazine.com)
The tail of the MOVEit hack may be longer than we realize | SC Media (scmagazine.com)
Millions of people's healthcare files accessed by Clop gang • The Register
Ransomware Attacks Skyrocket in Q2 2023 - Infosecurity Magazine (infosecurity-magazine.com)
Local Governments Targeted for Ransomware – How to Prevent Falling Victim (thehackernews.com)
New Nitrogen malware pushed via Google Ads for ransomware attacks (bleepingcomputer.com)
Dozens of Organisations Targeted by Akira Ransomware - SecurityWeek
The FBI's Cynthia Kaiser on how the bureau fights ransomware | CyberScoop
Risk & Repeat: Are data extortion attacks ransomware? | TechTarget
ALPHV ransomware adds data leak API in new extortion strategy (bleepingcomputer.com)
Ransomware: Sophos says most universities pay | Times Higher Education (THE)
Ransomware Victims
PwC has data leaked on the clear web - Cyber Security Connect
Deloitte joins fellow Big Four MOVEit victims PWC, EY | Cybernews
DHL investigating MOVEit breach as number of victims surpasses 20 million (therecord.media)
Up to 11 Million People Hit by MOVEit Hack at Government Services Firm Maximus - SecurityWeek
Millions of people's healthcare files accessed by Clop gang • The Register
Tampa General Hospital Says Patient Information Stolen in Ransomware Attack - SecurityWeek
Yamaha confirms cyber attack after multiple ransomware gangs claim attacks (therecord.media)
Phishing & Email Based Attacks
Chinese Hackers Breached Ambassador’s Email - Infosecurity Magazine (infosecurity-magazine.com)
China’s Breach of Microsoft Cloud Email May Expose Deeper Problems | WIRED
Stolen Microsoft key may have opened up more than inboxes • The Register
The Email Threat Landscape, Q1 2023: Key Takeaways (informationsecuritybuzz.com)
How to avoid LinkedIn phishing attacks in the enterprise | TechTarget
BEC – Business Email Compromise
Artificial Intelligence
Blocking access to ChatGPT is a short term solution to mitigate risk - Help Net Security
UN Security Council to hold first talks on AI risks | Reuters
Companies are rushing into generative AI without a cohesive, secure strategy - Help Net Security
ChatGPT, Other Generative AI Apps Prone to Compromise, Manipulation (darkreading.com)
Lots of sensitive data is still being posted to ChatGPT | TechRadar
Dark Web Markets Offer New FraudGPT AI Tool - Infosecurity Magazine (infosecurity-magazine.com)
Top FBI officials warn of 'unparalleled' threat from China and AI | CyberScoop
The Good, the Bad and the Ugly of Generative AI - SecurityWeek
OpenAI, Meta and other tech firms sign onto White House AI commitments | FedScoop
Intel's deepfake detector tested on real and fake videos - BBC News
How is the Dark Web Reacting to the AI Revolution? (bleepingcomputer.com)
Malware
Over 400,000 corporate credentials stolen by info-stealing malware (bleepingcomputer.com)
Infostealer incidents more than doubled in Q1 2023 | SC Media (scmagazine.com)
The Alarming Rise of Infostealers: How to Detect this Silent Threat (thehackernews.com)
Decoy Dog: New Breed of Malware Posing Serious Threats to Enterprise Networks (thehackernews.com)
Rust-based malware used to hack both Windows and Linux servers - Neowin
Lazarus hackers hijack Microsoft IIS servers to spread malware (bleepingcomputer.com)
FIN8 is rewriting its backdoor malware to avoid detection | SC Media (scmagazine.com)
New Nitrogen malware pushed via Google Ads for ransomware attacks (bleepingcomputer.com)
New P2PInfect worm malware targets Linux and Windows Redis servers (bleepingcomputer.com)
HotRat: New Variant of AsyncRAT Malware Spreading Through Pirated Software (thehackernews.com)
Who and What is Behind the Malware Proxy Service SocksEscort? – Krebs on Security
Mobile
Chinese-backed Hacking Group Launches Two Bugs Targeting Android Devices - MSSP Alert
Spyhide stalkerware is spying on tens of thousands of phones | TechCrunch
Botnets
Hackers Target Apache Tomcat Servers for Mirai Botnet and Crypto Mining (thehackernews.com)
Multiple DDoS Botnets Exploiting Recent Zyxel Vulnerability - SecurityWeek
Denial of Service/DoS/DDOS
Critical UK Infrastructures in the crosshairs of DDoS attacks (link11.com)
Zyxel users still getting hacked by DDoS botnet emerge as public nuisance No. 1 | Ars Technica
Anonymous Sudan DDoS strikes dominate attacks by KillNet collective | SC Media (scmagazine.com)
BYOD
Internet of Things – IoT
Peloton Bugs Expose Enterprise Networks to IoT Attacks (darkreading.com)
Microsoft previews Defender for IoT firmware analysis service (bleepingcomputer.com)
Axis Door Controller Vulnerability Exposes Facilities to Physical, Cyber Threats - SecurityWeek
Data Breaches/Leaks
Capita breach class action nears 1,000 sign-ups • The Register
VirusTotal: We're sorry for mistake that exposed 5,000 users • The Register
Deloitte joins fellow Big Four MOVEit victims PWC, EY | Cybernews
NATO investigating apparent breach of unclassified information sharing platform | CyberScoop
BreachForums database and private chats for sale in hacker data breach (bleepingcomputer.com)
Nice Suzuki, sport: shame dealer left your data up for grabs - Security Affairs
Johns Hopkins hit with class action lawsuit connected to data breach - CBS Baltimore (cbsnews.com)
Organised Crime & Criminal Actors
The New Summer Vacation Necessity: Cyber Hygiene (informationsecuritybuzz.com)
BreachForums database and private chats for sale in hacker data breach (bleepingcomputer.com)
Cryptocurrency/Cryptomining/Cryptojacking/NFTs/Blockchain
Cryptojacking soars as cyber attacks increase, diversify - Help Net Security
Hackers Target Apache Tomcat Servers for Mirai Botnet and Crypto Mining (thehackernews.com)
Lazarus hackers linked to $60 million Alphapo cryptocurrency heist (bleepingcomputer.com)
New Realst macOS malware steals your cryptocurrency wallets (bleepingcomputer.com)
Fraud, Scams & Financial Crime
Dark Web Markets Offer New FraudGPT AI Tool - Infosecurity Magazine (infosecurity-magazine.com)
Consumers demand more from businesses when it comes to security - Help Net Security
CISOs gear up to combat the rising threat of B2B fraud - Help Net Security
MPs launch inquiry into prosecution of Norton Motorcycles pension fraud | Crime | The Guardian
Insurance
Why CISOs Should Get Involved With Cyber Insurance Negotiation (darkreading.com)
Brave New World of Cyber Insurance Meets Old-World Contract Principles | New Jersey Law Journal
Dark Web
BreachForums database and private chats for sale in hacker data breach (bleepingcomputer.com)
How is the Dark Web Reacting to the AI Revolution? (bleepingcomputer.com)
Supply Chain and Third Parties
Capita breach class action nears 1,000 sign-ups • The Register
DHL investigating MOVEit breach as number of victims surpasses 20 million (therecord.media)
The tail of the MOVEit hack may be longer than we realize | SC Media (scmagazine.com)
Up to 11 Million People Hit by MOVEit Hack at Government Services Firm Maximus - SecurityWeek
Banking Sector Targeted in Open-Source Software Supply Chain Attacks (thehackernews.com)
Strengthening the weakest links in the digital supply chain - Help Net Security
JumpCloud hack linked to North Korea after OPSEC mistake (bleepingcomputer.com)
Supply Chain Attack Hits NHS Ambulance Trusts - Infosecurity Magazine (infosecurity-magazine.com)
Software Supply Chain
Cloud/SaaS
China’s Breach of Microsoft Cloud Email May Expose Deeper Problems | WIRED
Microsoft 365 Breach Risk Widens to Millions of Azure AD Apps (darkreading.com)
JumpCloud hack linked to North Korea after OPSEC mistake (bleepingcomputer.com)
Wiz Says 62% of AWS Environments Exposed to Zenbleed Exploitation - SecurityWeek
The 4 Keys to Building Cloud Security Programs That Can Actually Shift Left (thehackernews.com)
Ubuntu Linux Cloud Workloads Face Rampant Root Take Takeovers (darkreading.com)
Shadow IT
Encryption
Hacking police radios: 30-year-old crypto flaws in the spotlight – Naked Security (sophos.com)
Researchers Find ‘Backdoor’ in Encrypted Police and Military Radios (vice.com)
API
Open Source
New OpenSSH Vulnerability Exposes Linux Systems to Remote Command Injection (thehackernews.com)
Rust-based malware used to hack both Windows and Linux servers - Neowin
Banking Sector Targeted in Open-Source Software Supply Chain Attacks (thehackernews.com)
New P2PInfect worm malware targets Linux and Windows Redis servers (bleepingcomputer.com)
Ubuntu Linux Cloud Workloads Face Rampant Root Take Takeovers (darkreading.com)
Passwords, Credential Stuffing & Brute Force Attacks
Social Media
How to avoid LinkedIn phishing attacks in the enterprise | TechTarget
Stanford researchers find Mastodon has a massive child abuse material problem - The Verge
Training, Education and Awareness
Travel
Parental Controls and Child Safety
Amazon agrees to $25 million fine for Alexa children privacy violations (bleepingcomputer.com)
Stanford researchers find Mastodon has a massive child abuse material problem - The Verge
Regulations, Fines and Legislation
SEC now requires companies to disclose cyber attacks in 4 days (bleepingcomputer.com)
Companies Must Have Corporate Cyber security Experts, SEC Says (darkreading.com)
Amazon agrees to $25 million fine for Alexa children privacy violations (bleepingcomputer.com)
OpenAI, Meta and other tech firms sign onto White House AI commitments | FedScoop
Data Protection
More US States are ramping up data privacy laws in 2023 (bleepingcomputer.com)
Protect Your Data Like Your Reputation Depends On It (Because It Does) (informationsecuritybuzz.com)
Careers, Working in Cyber and Information Security
Companies encounter months-long delays in filling critical security positions - Help Net Security
Bridging the cyber security skills gap through cyber range training - Help Net Security
Overcoming the cyber security talent shortage with upskilling initiatives - Help Net Security
Law Enforcement Action and Take Downs
Privacy, Surveillance and Mass Monitoring
More US States are ramping up data privacy laws in 2023 (bleepingcomputer.com)
Amazon agrees to $25 million fine for Alexa children privacy violations (bleepingcomputer.com)
Companies Need to Prove They Can Be Trusted with Technology (hbr.org)
Ryanair Hit With Lawsuit Over Use of Facial Recognition Technology (darkreading.com)
Misinformation, Disinformation and Propaganda
Nation State Actors, Advanced Persistent Threats (APTs), Cyber Warfare and Cyber Espionage
Russia
Anonymous Sudan DDoS strikes dominate attacks by KillNet collective | SC Media (scmagazine.com)
Russian court jails cyber security executive for 14 years in treason case | Reuters
Russia ‘using disinformation’ to imply Sweden supported Qur’an burnings | Sweden | The Guardian
69% of Russian gamers are pirating after Ukraine invasion pushback | Ars Technica
China
Top FBI officials warn of 'unparalleled' threat from China and AI | CyberScoop
China’s Breach of Microsoft Cloud Email May Expose Deeper Problems | WIRED
Stolen Microsoft key may have opened up more than inboxes • The Register
Chinese Hackers Breached Ambassador’s Email - Infosecurity Magazine (infosecurity-magazine.com)
The Chinese groups accused of hacking the US and others | Reuters
Industrial Organisations in Eastern Europe Targeted by Chinese Cyber spies - SecurityWeek
Chinese-backed Hacking Group Launches Two Bugs Targeting Android Devices - MSSP Alert
China Propaganda Spreads via US News Sites, Freelancers, Times Square (darkreading.com)
China-backed hackers suspected in NetScaler RCE attacks | SC Media (scmagazine.com)
US Senator Wyden Accuses Microsoft of ‘Cyber security Negligence’ - SecurityWeek
North Korea
North Korean Cyber spies Target GitHub Developers (darkreading.com)
JumpCloud hack linked to North Korea after OPSEC mistake (bleepingcomputer.com)
GitHub warns of Lazarus hackers targeting devs with malicious projects (bleepingcomputer.com)
Lazarus hackers hijack Microsoft IIS servers to spread malware (bleepingcomputer.com)
Lazarus hackers linked to $60 million Alphapo cryptocurrency heist (bleepingcomputer.com)
Misc/Other/Unknown
Vulnerability Management
Google: 41 zero-day vulnerabilities exploited in 2022 | TechTarget
CVSS 4.0 Is Here, But Prioritizing Patches Still a Hard Problem (darkreading.com)
Want to live dangerously? Try running Windows XP in 2023 • The Register
A step-by-step guide for patching software vulnerabilities - Help Net Security
Vulnerabilities
Over 20,000 Citrix Appliances Vulnerable to New Exploit - SecurityWeek
A flaw in OpenSSH forwarded ssh-agent allows remote code execution-Security Affairs
Apple fixes new zero-day used in attacks against iPhones, Macs (bleepingcomputer.com)
Ivanti patches MobileIron zero-day bug exploited in attacks (bleepingcomputer.com)
Zyxel users still getting hacked by DDoS botnet emerge as public nuisance No. 1 | Ars Technica
Apache OpenMeetings Wide Open to Account Takeover, Code Execution (darkreading.com)
Super Admin elevation bug puts 900,000 MikroTik devices at risk (bleepingcomputer.com)
Norwegian government IT systems hacked using zero-day flaw (bleepingcomputer.com)
VMware fixes bug exposing CF API admin credentials in audit logs (bleepingcomputer.com)
Major Security Flaw Discovered in Metabase BI Software – Urgent Update Required (thehackernews.com)
Cyber security Agencies Warn Against IDOR Bugs Exploited for Data Breaches (thehackernews.com)
Atlassian RCE Bugs Plague Confluence, Bamboo (darkreading.com)
Zenbleed attack leaks sensitive data from AMD Zen2 processors (bleepingcomputer.com)
Microsoft shares fix for some Outlook hyperlinks not opening (bleepingcomputer.com)
China-backed hackers suspected in NetScaler RCE attacks | SC Media (scmagazine.com)
Study reveals silent Python package security fixes • The Register
Windows 10 KB5028244 update released with 19 fixes, improved security (bleepingcomputer.com)
Wiz Says 62% of AWS Environments Exposed to Zenbleed Exploitation - SecurityWeek
Multiple DDoS Botnets Exploiting Recent Zyxel Vulnerability - SecurityWeek
Zimbra patches zero-day vulnerability exploited in XSS attacks (bleepingcomputer.com)
WordPress Ninja Forms plugin flaw lets hackers steal submitted data (bleepingcomputer.com)
Two flaws in Linux Ubuntu affect 40% of Ubuntu users - Security Affairs
Tools and Controls
Why cyber security should be part of your ESG strategy | Computer Weekly
Lawyers take frontline role in business response to cyber attacks | Financial Times (ft.com)
Explaining risk maturity models and how they work | TechTarget
Microsoft enhances Windows 11 Phishing Protection with new features (bleepingcomputer.com)
Shadow Coding Is An Intoxicating Shortcut—And A Security Landmine (forbes.com)
Zero trust rated as highly effective by businesses worldwide - Help Net Security
50% of Zero Trust Programs Risk Failure According to PlainID Survey (darkreading.com)
Google Chrome to offer 'Link Previews' when hovering over links (bleepingcomputer.com)
Why are computer security guidelines so confusing? - Help Net Security
Threat Intelligence Is Growing — Here's How SOCs Can Keep Up (darkreading.com)
Designing a Security Strategy for Defending Multicloud Architectures (darkreading.com)
Converging networking and security with SASE - Help Net Security
Artificial Intelligence Continues To Revolutionize Cyber security (forbes.com)
Key factors for effective security automation - Help Net Security
Microsoft previews Defender for IoT firmware analysis service (bleepingcomputer.com)
The 4 Keys to Building Cloud Security Programs That Can Actually Shift Left (thehackernews.com)
CISOs consider zero trust a hot security ticket - Help Net Security
How a Cyber Security Platform Addresses the 3 “S” (trendmicro.com)
Reports Published in the Last Week
Other News
Maritime Cyber attack Database Launched by Dutch University - SecurityWeek
Google’s new security pilot program will ban employee Internet access | Ars Technica
macOS Under Attack: Examining the Growing Threat and User Perspectives (thehackernews.com)
Why whistleblowers in cyber security are important and need support | CSO Online
World's most internetty firm tries life off the net • The Register
Exam board cyber attack investigation: Teenager arrested (schoolsweek.co.uk)
Companies Need to Prove They Can Be Trusted with Technology (hbr.org)
Heart monitor manufacturer hit by cyber attack, takes systems offline (bitdefender.com)
Cyber security Agencies Warn Against IDOR Bugs Exploited for Data Breaches (thehackernews.com)
Sector Specific
Industry specific threat intelligence reports are available.
Contact us to receive tailored reports specific to the industry/sector and geographies you operate in.
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· Third Sector & Charities
· Transport & Aviation
· Web3
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