Latest Cybersecurity News and Articles

---

Ukrainian Military Targeted in Phishing Campaign Leveraging Drone Manuals

Ukrainian military entities are the target of a phishing campaign that leverages drone manuals as lures to deliver a Go-based open-source post-exploitation toolkit called Merlin. "Since drones or Unmanned Aerial Vehicles (UAVs) have been an integral tool used by the Ukrainian military, malware-laced lure files themed as UAVs service manuals have begun to surface," Securonix researchers Den

---

Cyber Insurance Claims Spiked in First Half of 2023 as Ransomware Attacks Surged: Report

Large companies with over $100 million in revenues have been particularly targeted, experiencing a rise in both the frequency and severity of cyber incidents. Funds transfer fraud has also become a prevalent issue.

---

EvilBamboo Targets Tibetans, Uyghurs, and Taiwanese People and Organizations

"The attacker has created fake Tibetan websites, along with social media profiles, likely used to deploy browser-based exploits against targeted users," Volexity security researchers said in a report published last week.

---

The transformative impact of cryptocurrency on digital fraud investigations

Cryptocurrency's rise has reshaped the landscape of digital fraud investigations, presenting new challenges and opportunities for enterprise security leaders.

---

NY College Forced to Invest $3.5 Million in Cybersecurity After Breach Affecting 200,000

New York state attorney general has reached an agreement with Marymount Manhattan College (MMC) following a data breach in 2021. The college will invest $3.5 million into cybersecurity to address the deficiencies exposed during the ransomware attack.

---

New BBTok Banking Trojan Versions Target 40 LATAM Banks

Check Point researchers have uncovered a new variant of the BBTok banking trojan, which focuses its attacks on users of more than 40 banks in Latin America, with a primary focus on Brazil and Mexico. The attack strategies differ between Windows 7 and Windows 10 systems. Banking organizations and individuals in the region are advised to stay cautious.

---

National Student Clearinghouse Discloses Data Breach Impacting 890 Schools

The data breach was caused by the Clop ransomware gang, who exploited a zero-day security flaw in the MOVEit Transfer platform and began extorting organizations that were targeted.

---

Watch the Webinar — AI vs. AI: Harnessing AI Defenses Against AI-Powered Risks

Generative AI is a double-edged sword, if there ever was one. There is broad agreement that tools like ChatGPT are unleashing waves of productivity across the business, from IT, to customer experience, to engineering. That's on the one hand.  On the other end of this fencing match: risk. From IP leakage and data privacy risks to the empowering of cybercriminals with AI tools, generative AI

---

Are You Willing to Pay the High Cost of Compromised Credentials?

Weak password policies leave organizations vulnerable to attacks. But are the standard password complexity requirements enough to secure them? 83% of compromised passwords would satisfy the password complexity and length requirements of compliance standards. That’s because bad actors already have access to billions of stolen credentials that can be used to compromise additional accounts by

---

UK Security Agency Publishes New Cryptographic Designs

These designs aim to mitigate risks caused by accidental misuse of cryptography, ensuring cryptographic security is maintained even in the event of significant human error.

---

Stealth Falcon APT Preying Over Middle Eastern Skies With Deadglyph

The backdoor does not have traditional commands implemented; instead, it dynamically receives commands from a command and control server in the form of additional modules.

---

From Watering Hole to Spyware: EvilBamboo Targets Tibetans, Uyghurs, and Taiwanese

Tibetan, Uyghur, and Taiwanese individuals and organizations are the targets of a persistent campaign orchestrated by a threat actor codenamed EvilBamboo to gather sensitive information. "The attacker has created fake Tibetan websites, along with social media profiles, likely used to deploy browser-based exploits against targeted users," Volexity security researchers Callum Roxan, Paul

---

CISA Urges Use of Memory Safe Code in Software Development

The Cybersecurity and Infrastructure Security Agency is urging the software industry to embrace the use of memory safe programming languages as part of a wider effort to eliminate security vulnerabilities in code.

---

Cato Networks Raises $238M on $3B Valuation to Move Upmarket

Cato Networks has secured a $238 million equity investment to enhance its SASE platform by integrating CASB and DLP capabilities, catering to the needs of large enterprises.

---

Gelsemium APT Suspected Behind an Attack on Southeast Asian Government

A recent report by Palo Alto Networks Unit42 researchers reveals that a stealthy APT group known as Gelsemium likely targeted a Southeast Asian government between 2022 and 2023.

---

Update: Nova Scotia Says All Victims of MOVEit Breach Have Been Notified

The security incident highlights the time-consuming process of analyzing stolen data and notifying affected individuals, emphasizing the need for improved cybersecurity measures.

---

Faster Patching Pace Validates CISA’s KEV Catalog Initiative

The Known Exploited Vulnerabilities (KEV) Catalog maintained by the US cybersecurity agency CISA has led to significant improvements in federal agencies’ patching efforts, with more than 1,000 vulnerabilities now included in the list.

---

New Zealand University Operating Despite Cyberattack

Despite a cyberattack on Auckland University of Technology, the university has been able to continue normal operations with minimal disruption. The Monti ransomware gang claimed responsibility for the attack and demanded an undisclosed ransom.

---

Hidden Dangers Loom for Subsea Cables, the Invisible Infrastructure of the Internet

Subsea cables are a critical component of the global internet infrastructure, and protecting them from accidental damage, natural phenomena, physical attacks, and cyberattacks is crucial.

---

Github Passkeys Generally Available for Passwordless Sign-Ins

The adoption of passkeys by GitHub, Microsoft, and Google, among other technology giants, demonstrates a growing trend toward using passkeys for secure authentication across platforms.