29-Year-Old Ukrainian Cryptojacking Kingpin Arrested for Exploiting Cloud Services

A 29-year-old Ukrainian national has been arrested in connection with running a “sophisticated cryptojacking scheme,” netting them over $2 million (€1.8 million) in illicit profits. The person, described as the “mastermind” behind the operation, was apprehended in Mykolaiv, Ukraine, on January 9 by the National Police of Ukraine with support from Europol and an unnamed cloud service provider

Four U.S. Nationals Charged in $80 Million Pig Butchering Crypto Scam

Four U.S. nationals have been charged for participating in an illicit scheme that earned them more than $80 million via cryptocurrency investment scams. The defendants – Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, Rosemead, California; and Hailong Zhu, 40, Naperville, Illinois – have been charged with conspiracy to commit money laundering,

6 Steps to Accelerate Cybersecurity Incident Response

Modern security tools continue to improve in their ability to defend organizations’ networks and endpoints against cybercriminals. But the bad actors still occasionally find a way in. Security teams must be able to stop threats and restore normal operations as quickly as possible. That’s why it’s essential that these teams not only have the right tools but also understand how to effectively

U.S. Treasury Sanctions Russian Money Launderer in Cybercrime Crackdown

The U.S. Department of the Treasury imposed sanctions against a 37-year-old Russian woman for taking part in the laundering of virtual currency for the country's elites and cybercriminal crews, including the Ryuk ransomware group. Ekaterina Zhdanova, per the department, is said to have facilitated large cross border transactions to assist Russian individuals to gain access to Western financial

Cybercriminals Combine Phishing and EV Certificates to Deliver Ransomware Payloads

The threat actors behind RedLine and Vidar information stealers have been observed pivoting to ransomware through phishing campaigns that spread initial payloads signed with Extended Validation (EV) code signing certificates. "This suggests that the threat actors are streamlining operations by making their techniques multipurpose," Trend Micro researchers said in a new analysis published this

India Passes New Digital Personal Data Protection Bill (DPDPB), Putting Users' Privacy First

The Indian President Droupadi Murmu on Friday granted assent to the Digital Personal Data Protection Bill (DPDPB) after it was unanimously passed by both houses of the parliament last week, marking a significant step towards securing people's information. "The Bill provides for the processing of digital personal data in a manner that recognizes both the rights of the individuals to protect their

5 Reasons Why Access Management is the Key to Securing the Modern Workplace

The way we work has undergone a dramatic transformation in recent years. We now operate within digital ecosystems, where remote work and the reliance on a multitude of digital tools is the norm rather than the exception. This shift – as you likely know from your own life – has led to superhuman levels of productivity that we wouldn't ever want to give up. But moving fast comes at a cost. And for

Privacy Sandbox Initiative: Google to Phase Out Third-Party Cookies Starting 2024

Google has announced plans to officially flip the switch on its twice-delayed Privacy Sandbox initiatives as it slowly works its way to deprecate support for third-party cookies in Chrome browser. To that end, the search and advertising giant said it intends to phase out third-party cookies for 1% of Chrome users globally in the first quarter of 2024. "This will support developers in conducting

Western Digital Confirms Customer Data Stolen by Hackers in March Breach

Digital storage giant Western Digital confirmed that an "unauthorized third party" gained access to its systems and stole personal information belonging to the company's online store customers. "This information included customer names, billing and shipping addresses, email addresses and telephone numbers," the San Jose-based company said in a disclosure last week. "In addition, the database

Wanted Dead or Alive: Real-Time Protection Against Lateral Movement

Just a few short years ago, lateral movement was a tactic confined to top APT cybercrime organizations and nation-state operators. Today, however, it has become a commoditized tool, well within the skillset of any ransomware threat actor. This makes real-time detection and prevention of lateral movement a necessity to organizations of all sizes and across all industries. But the disturbing truth

DFIR via XDR: How to expedite your investigations with a DFIRent approach

Rapid technological evolution requires security that is resilient, up to date and adaptable. In this article, we will cover the transformation in the field of DFIR (digital forensics and incident response) in the last couple years, focusing on the digital forensics' aspect and how XDR fits into the picture. Before we dive into the details, let's first break down the main components of DFIR and

Western Digital Hit by Network Security Breach - Critical Services Disrupted!

Data storage devices maker Western Digital on Monday disclosed a "network security incident" that involved unauthorized access to its systems. The breach is said to have occurred on March 26, 2023, enabling an unnamed third party to gain access to a "number of the company's systems." Following the discovery of the hack, Western Digital said it has initiated incident response efforts and enlisted

Expert-Led Webinar: Learn Proven Strategies to Secure Your Identity Perimeter

The stakes are high when it comes to cybersecurity. No longer are we dealing with unskilled hackers trying to break into corporate systems with brute force. Today, cybercriminals are using highly sophisticated methods like social engineering, spear phishing, and BEC to target users directly and log in with valid credentials. This is why the identity perimeter has become a critical battleground

New Chinese Cyberespionage Group Targeting IT Service Providers and Telcos

Telecommunications and IT service providers in the Middle East and Asia are being targeted by a previously undocumented Chinese-speaking threat group dubbed WIP19. The espionage-related attacks are characterized by the use of a stolen digital certificate issued by a Korean company called DEEPSoft to sign malicious artifacts deployed during the infection chain to evade detection. "Almost all

Hackers Behind Twilio Breach Also Targeted Cloudflare Employees

Web infrastructure company Cloudflare on Tuesday disclosed at least 76 employees and their family members received text messages on their personal and work phones bearing similar characteristics as that of the sophisticated phishing attack against Twilio. The attack, which transpired around the same time Twilio was targeted, came from four phone numbers associated with T-Mobile-issued SIM cards