Month: February 2022

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Credit Suisse has hit back at allegations of severe due diligence failures exposed by a major new leak of customer account information. Details of 18,000 accounts linked to 30,000 clients containing an estimated £80bn ($100bn) were shared by an anonymous whistleblower with various media outlets, including The Guardian. “I believe that Swiss banking secrecy laws are
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The United States Department of Justice (DOJ) is cracking down on the criminal misuse of cryptocurrencies and digital assets. In a statement released Thursday, the DOJ announced the appointment of prosecutor and former senior counsel to the deputy attorney general, Eun Young Choi, as the first director of the National Cryptocurrency Enforcement Team (NCET). Comprising department attorneys,
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Researchers have detailed what they call the “first successful attempt” at decrypting data infected with Hive ransomware without relying on the private key used to lock access to the content. “We were able to recover the master key for generating the file encryption key without the attacker’s private key, by using a cryptographic vulnerability identified
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A man from Florida will not be serving time in prison for his role in a multi-million dollar Medicare fraud scheme involving the sale of patients’ personal and medical data. Boca Raton resident, Nathan LaParl, aged 35, and his 30-year-old accomplice Talia Alexandre, of Palm Springs, worked with foreign call centers to contact Medicare patients
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The U.S. Department of Justice (DoJ) earlier this week appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team (NCET) it established last year. The NCET was created to tackle the criminal misuse of cryptocurrencies and digital assets,” with a focus on illegal activities in virtual currency exchanges, mixing
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by Paul Ducklin If you’re using PHP in your network, check that you’re using the latest version, currently 8.1.3. Released yesterday [2022-02-17], this version fixes various memory mismanagement bugs, including CVE-2021-21708, which is a use-after-free blunder in a function called php_filter_float(). A proof-of-concept exploit based on using PHP to query a database shows that the
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The infamous Trickbot Trojan has targeted customers of scores of big-name brands over the past year, including Amazon, PayPal and Microsoft, according to new data from Check Point. The security vendor claimed that the malware had infected at least 140,000 victims since November 2020, with attackers being careful to target high-profile victims. Among the 60 brands
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Microsoft has warned of emerging threats in the Web3 landscape, including “ice phishing” campaigns, as a surge in adoption of blockchain and DeFi technologies emphasizes the need to build security into the decentralized web while it’s still in its early stages. The company’s Microsoft 365 Defender Research Team called out various new avenues through which
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The UK’s cybersecurity industry generated record levels of external investment and revenue in the last financial year, according to official figures. The DCMS Annual Cyber Sector Report 2022 revealed more than £1bn was raised in external investment over 84 deals during this period. This includes Bristol-based Immersive Labs, which secured £53.5m, and London-headquartered Tessian, which raised more
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by Paul Ducklin VMWare’s latest security bulletin doesn’t mince its words about how quickly you should patch: When do I need to act? Immediately. The ramifications of this vulnerability are serious, especially if attackers have access to workloads inside your environments. [… G]iven the severity, we strongly recommend that you act. The issues referred to
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A range of pressing cybersecurity issues was discussed by members of the RSA Conference advisory board during a virtual session this week. The panelists began by highlighting the elevated profile of cybersecurity during the COVID-19 pandemic, which is increasingly coming to the attention of business leaders. Caroline Wong, chief strategy officer at Cobalt, noted that “when I began my career, I
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VMware on Tuesday patched several high-severity vulnerabilities impacting ESXi, Workstation, Fusion, Cloud Foundation, and NSX Data Center for vSphere that could be exploited to execute arbitrary code and cause a denial-of-service (DoS) condition. As of writing, there’s no evidence that any of the weaknesses are exploited in the wild. The list of six flaws is
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Summary The ShadowPad advanced modular remote access trojan (RAT) has been deployed by the Chinese government-sponsored BRONZE ATLAS threat group since at least 2017. A growing list of other Chinese threat groups have deployed it globally since 2019 in attacks against organizations in various industry verticals. Secureworks® Counter Threat Unit™ (CTU) analysis of ShadowPad samples
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Spain’s National Police Agency, the Policía Nacional, said last week it dismantled an unnamed cybercriminal organization and arrested eight individuals in connection with a series of SIM swapping attacks that were carried out with the goal of financial fraud. The suspects of the crime ring masqueraded as trustworthy representatives of banks and other organizations and
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Security researchers at Website Planet have discovered an unsecured Amazon S3 bucket containing the Personal Identifiable Information (PII) of millions of people. Inside the bucket were ten folders, containing around 6,000 files and totaling over 1GB of data. While most (approximately 99%) of the data belongs to American residents, some information relates to people living in Canada.