A congressional investigation finds that US venture capital firms invested billions in Chinese technology companies in semiconductor, AI and cybersecurity, sectors that are a threat to national security.
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Noteworthy stories that might have slipped under the radar: $350 million Google+ data leak settlement, AI used for fraud, 2023 cybersecurity funding report.
https://www.backbox.org/wp-content/uploads/2018/09/website_backbox_text_black.png00https://www.backbox.org/wp-content/uploads/2018/09/website_backbox_text_black.png2024-02-09 15:06:362024-02-09 15:06:36In Other News: $350 Million Google Settlement, AI-Powered Fraud, Cybersecurity Funding
While ransomware groups targeted a wide range of industries for profit, the demise of several groups in 2023 was attributed to increased pressure from law enforcement and cybersecurity organizations.
https://www.backbox.org/wp-content/uploads/2018/09/website_backbox_text_black.png00https://www.backbox.org/wp-content/uploads/2018/09/website_backbox_text_black.png2024-02-09 14:06:452024-02-09 14:06:45Ransomware Leak Site Reports Rose by 49% in 2023, but There Is Good News
The threat actor maintained long-term access to the victim’s network, evading detection by using living-off-the-land binaries, side-loading backdoors, and leveraging open-source reverse proxy tools like Fast Reverse Proxy (FRP) and Venom.
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Chinese state actors used a zero-day exploit in a Fortinet VPN to breach Dutch military systems—in early 2023—to deploy the Coathanger backdoor, revealed intelligence agencies. The malware conceals its activities by intercepting system functions that might expose it. Organizations are urged to enhance their cybersecurity measures by applying timely updates and patches.
Google is collaborating with the Singapore government to roll out a new security feature in Google Play Protect to block the installation of potentially risky side-loaded apps, aiming to protect Android users from malware-enabled scams.
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The group’s access to exploits for vulnerabilities, such as CVE-2023-36802 and CVE-2023-29360, suggests ties to sophisticated developers and the purchase of external 64-bit executables rather than in-house development.
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The criminal organization “Wail Crinal 213” claims to have accessed the bank’s server and is allegedly selling sensitive customer data, including emails, usernames, account details, and more.
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ResumeLooters conducted a major cyber operation, compromising over 65 job search and retail websites across the Asia Pacific region and pilfering more than 2 million user records. The discovery of a new campaign serves as a reminder to secure databases and websites—which can be exploited by publicly available tools.
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Lawmakers Want Clampdown on American VCs Funding Chinese Tech Companies
/in General NewsA congressional investigation finds that US venture capital firms invested billions in Chinese technology companies in semiconductor, AI and cybersecurity, sectors that are a threat to national security.
The post Lawmakers Want Clampdown on American VCs Funding Chinese Tech Companies appeared first on SecurityWeek.
SecurityWeek – Read More
Kenya Detected Over 1B Cyber Threats in Q4
/in General NewsOfficials attribute the massive volume to the nation’s enhanced cyber threat monitoring capabilities.
darkreading – Read More
In Other News: $350 Million Google Settlement, AI-Powered Fraud, Cybersecurity Funding
/in General NewsNoteworthy stories that might have slipped under the radar: $350 million Google+ data leak settlement, AI used for fraud, 2023 cybersecurity funding report.
The post In Other News: $350 Million Google Settlement, AI-Powered Fraud, Cybersecurity Funding appeared first on SecurityWeek.
SecurityWeek – Read More
Ransomware Leak Site Reports Rose by 49% in 2023, but There Is Good News
/in General NewsWhile ransomware groups targeted a wide range of industries for profit, the demise of several groups in 2023 was attributed to increased pressure from law enforcement and cybersecurity organizations.
Cyware News – Latest Cyber News – Read More
New Zardoor Backdoor Used in Long-Term Cyber Espionage Operation Targeting an Islamic Organization
/in General NewsThe threat actor maintained long-term access to the victim’s network, evading detection by using living-off-the-land binaries, side-loading backdoors, and leveraging open-source reverse proxy tools like Fast Reverse Proxy (FRP) and Venom.
Cyware News – Latest Cyber News – Read More
Chinese Threat Actors Found Spying on Dutch Defense Ministry Network
/in General NewsCyware News – Latest Cyber News – Read More
Google Will Block Android Users From Installing ‘Unsafe’ Apps in Fraud Protection Test
/in General NewsGoogle is collaborating with the Singapore government to roll out a new security feature in Google Play Protect to block the installation of potentially risky side-loaded apps, aiming to protect Android users from malware-enabled scams.
Cyware News – Latest Cyber News – Read More
Raspberry Robin Actors are Buying Exploits for Faster Attacks
/in General NewsThe group’s access to exploits for vulnerabilities, such as CVE-2023-36802 and CVE-2023-29360, suggests ties to sophisticated developers and the purchase of external 64-bit executables rather than in-house development.
Cyware News – Latest Cyber News – Read More
Emirates NBD Reportedly Involved in a Data Breach
/in General NewsThe criminal organization “Wail Crinal 213” claims to have accessed the bank’s server and is allegedly selling sensitive customer data, including emails, usernames, account details, and more.
Cyware News – Latest Cyber News – Read More
ResumeLooters Steal Millions of Unique Emails from Multiple Sites
/in General NewsCyware News – Latest Cyber News – Read More