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National Australia Bank Raises Alarm About Cyber Threats to Major Banks
/in General NewsAustralia’s four major banks, including ANZ Bank, Commonwealth Bank, National Australia Bank (NAB), and Westpac, are constantly under attack from threat actors seeking to steal sensitive information and money from unsuspecting customers.
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Industrial cyberattacks fuel surge in OT cybersecurity spending
/in General NewsEnterprise spending on OT cybersecurity is predicted to increase by almost 70% to $21.6 billion globally by 2028, up from $12.75 billion in 2023, driven by attacks and regulation, according to ABI Research.
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China’s ‘Velvet Ant’ Hackers Caught Exploiting New Zero-Day in Cisco Devices
/in General NewsThe vulnerability, known as CVE-2024-20399, affects Cisco NX-OS software used for Nexus-series switches. Sygnia discovered the vulnerability during an investigation into the threat group Velvet Ant.
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Cisco Patches NX-OS Zero-Day Exploited by Chinese Cyberspies
/in General NewsCisco has patched an NX-OS command injection zero-day exploited by China-linked cyberespionage group Velvet Ant.
The post Cisco Patches NX-OS Zero-Day Exploited by Chinese Cyberspies appeared first on SecurityWeek.
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Critical Flaw in PTC License Server Can Allow Lateral Movement in Industrial Organizations
/in General NewsPTC has patched a critical vulnerability in the Creo Elements/Direct License Server that can be exploited for unauthenticated command execution.
The post Critical Flaw in PTC License Server Can Allow Lateral Movement in Industrial Organizations appeared first on SecurityWeek.
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Korean ERP Vendor’s Update Systems Subverted to Spew Malware
/in General NewsA South Korean ERP vendor’s product update server was breached by attackers who used it to distribute malware instead of legitimate updates, according to AhnLab, a local cybersecurity firm.
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Poland to Probe Russia-Linked Cyberattack on State News Agency
/in General NewsPolish prosecutors are investigating a suspected Russian attack on the country’s state news agency, the Polish Press Agency (PAP). The attack, which occurred in May, aimed to spread disinformation and cause disruptions in Poland’s system or economy.
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AuthZed Raises $12 Million to Accelerate Permissions Systems in Series A Funding
/in General NewsThe new funding will accelerate a strategic expansion for small–to mid-market-sized organizations, providing a fully managed and easy-to-deploy permissions system that is simple to maintain for their current and future authorization needs.
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Meta’s ‘Pay or Consent’ Approach Faces E.U. Competition Rules Scrutiny
/in General NewsMeta’s decision to offer an ad-free subscription in the European Union (E.U.) has faced a new setback after regulators accused the social media behemoth of breaching the bloc’s competition rules by forcing users to choose between seeing ads or paying to avoid them.
The European Commission said the company’s “pay or consent” advertising model is in contravention of the Digital Markets Act (DMA).
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Chinese Hackers Exploiting Cisco Switches Zero-Day to Deliver Malware
/in General NewsA China-nexus cyber espionage group named Velvet Ant has been observed exploiting a zero-day flaw in Cisco NX-OS Software used in its switches to deliver malware.
The vulnerability, tracked as CVE-2024-20399 (CVSS score: 6.0), concerns a case of command injection that allows an authenticated, local attacker to execute arbitrary commands as root on the underlying operating system of an affected
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