The incident follows a recent trend of cryptocurrency hacks, with North Korean hackers being suspected in multiple attacks, highlighting the growing threat posed by cybercriminals targeting the industry.
Kosi Goodness Simon-Ebo, a Nigerian national, pleaded guilty to wire fraud and money laundering through business email compromise (BEC) schemes, resulting in millions of dollars in losses.
The Xenomorph malware family, known for its advanced capabilities and distribution campaigns, has resurfaced with new overlays targeting institutions and crypto wallets in the United States and Portugal.
The budgets allocated for the security of industrial control systems (ICS) and operational technology (OT) have decreased in 2023 compared to the previous year, with over 21% of organizations reporting not having a cybersecurity budget at all.
Royal gained access to the City’s network using a stolen domain service account in early April and maintained access to the compromised systems between April 7 and May 4.
“The public is advised that the Government Is currently experiencing internet/email and phone service interruptions. All Departments are impacted,” the Bermuda Government said.
Financially motivated groups originating in North Korea and China “have all the sophistication of many other cybercriminal gangs but also have the resources – technological, financial and diplomatic – of a state behind them,” HHS HC3 warned.
Nansen stopped the malicious activity shortly after the affected vendor informed them about the incident, but the ensuing investigation confirmed that user data was compromised.
A new report from SolarWinds highlights the benefits of observability for enterprises. The report states that companies that implement observability experience increased operational efficiency, faster innovation, and better business outcomes.
The campaigns, dubbed Outer Space and Juicy Mix, entailed the use of two previously documented first-stage backdoors called Solar and Mango, which were deployed to collect sensitive information from major browsers and the Windows Credential Manager.