How Businesses Can Safeguard Their Communication Channels Against Hackers

Efficient communication is a cornerstone of business success. Internally, making sure your team communicates seamlessly helps you avoid friction losses, misunderstandings, delays, and overlaps. Externally, frustration-free customer communication is directly correlated to a positive customer experience and higher satisfaction.  However, business communication channels are also a major target

Chinese Hackers Using Deepfakes in Advanced Mobile Banking Malware Attacks

A Chinese-speaking threat actor codenamed GoldFactory has been attributed to the development of highly sophisticated banking trojans, including a previously undocumented iOS malware called GoldPickaxe that's capable of harvesting identity documents, facial recognition data, and intercepting SMS. "The GoldPickaxe family is available for both iOS and Android platforms,"

Why Are Compromised Identities the Nightmare to IR Speed and Efficiency?

Incident response (IR) is a race against time. You engage your internal or external team because there's enough evidence that something bad is happening, but you’re still blind to the scope, the impact, and the root cause. The common set of IR tools and practices provides IR teams with the ability to discover malicious files and outbound network connections. However, the identity aspect - namely

Unified Identity – look for the meaning behind the hype!

If you've listened to software vendors in the identity space lately, you will have noticed that “unified” has quickly become the buzzword that everyone is adopting to describe their portfolio. And this is great! Unified identity has some amazing benefits!  However (there is always a however, right?) not every “unified” “identity” “security” “platform” is made equal. Some vendors call the

Google Starts Blocking Sideloading of Potentially Dangerous Android Apps in Singapore

Google has unveiled a new pilot program in Singapore that aims to prevent users from sideloading certain apps that abuse Android app permissions to read one-time passwords and gather sensitive data. "This enhanced fraud protection will analyze and automatically block the installation of apps that may use sensitive runtime permissions frequently abused for financial fraud when the user attempts

Belarusian National Linked to BTC-e Faces 25 Years for $4 Billion Crypto Money Laundering

A 42-year-old Belarusian and Cypriot national with alleged connections to the now-defunct cryptocurrency exchange BTC-e is facing charges related to money laundering and operating an unlicensed money services business. Aliaksandr Klimenka, who was arrested in Latvia on December 21, 2023, was extradited to the U.S. and is currently being held in custody. If convicted, he faces a maximum penalty

What is Nudge Security and How Does it Work?

In today’s highly distributed workplace, every employee has the ability to act as their own CIO, adopting new cloud and SaaS technologies whenever and wherever they need. While this has been a critical boon to productivity and innovation in the digital enterprise, it has upended traditional approaches to IT security and governance. Nudge Security is the world’s first and only solution to address

BreachForums Founder Sentenced to 20 Years of Supervised Release, No Jail Time

Conor Brian Fitzpatrick has been sentenced to time served and 20 years of supervised release for his role as the creator and administrator of BreachForums. Fitzpatrick, who went by the online alias "pompompurin," was arrested in March 2023 in New York and was subsequently charged with conspiracy to commit access device fraud and possession of child pornography. He was later released on a

Getting off the Attack Surface Hamster Wheel: Identity Can Help

IT professionals have developed a sophisticated understanding of the enterprise attack surface – what it is, how to quantify it and how to manage it.  The process is simple: begin by thoroughly assessing the attack surface, encompassing the entire IT environment. Identify all potential entry and exit points where unauthorized access could occur. Strengthen these vulnerable points using

German Authorities Dismantle Dark Web Hub 'Kingdom Market' in Global Operation

German law enforcement has announced the disruption of a dark web platform called Kingdom Market that specialized in the sales of narcotics and malware to "tens of thousands of users." The exercise, which involved collaboration from authorities from the U.S., Switzerland, Moldova, and Ukraine, began on December 16, 2023, the Federal Criminal Police Office (BKA) said. Kingdom

Alert: Chinese-Speaking Hackers Pose as UAE Authority in Latest Smishing Wave

The Chinese-speaking threat actors behind Smishing Triad have been observed masquerading as the United Arab Emirates Federal Authority for Identity and Citizenship to send malicious SMS messages with the ultimate goal of gathering sensitive information from residents and foreigners in the country. "These criminals send malicious links to their victims' mobile devices through SMS or

Microsoft Takes Legal Action to Crack Down on Storm-1152's Cybercrime Network

Microsoft on Wednesday said it obtained a court order to seize infrastructure set up by a group called Storm-1152 that peddled roughly 750 million fraudulent Microsoft accounts and tools through a network of bogus websites and social media pages to other criminal actors, netting the operators millions of dollars in illicit revenue. "Fraudulent online accounts act as the gateway to a host of

Alert: Threat Actors Can Leverage AWS STS to Infiltrate Cloud Accounts

Threat actors can take advantage of Amazon Web Services Security Token Service (AWS STS) as a way to infiltrate cloud accounts and conduct follow-on attacks. The service enables threat actors to impersonate user identities and roles in cloud environments, Red Canary researchers Thomas Gardner and Cody Betsworth said in a Tuesday analysis. AWS STS is a web service that enables

Make a Fresh Start for 2024: Clean Out Your User Inventory to Reduce SaaS Risk

As work ebbs with the typical end-of-year slowdown, now is a good time to review user roles and privileges and remove anyone who shouldn’t have access as well as trim unnecessary permissions. In addition to saving some unnecessary license fees, a clean user inventory significantly enhances the security of your SaaS applications. From reducing risk to protecting against data leakage, here is how

Product Walkthrough: Silverfort's Unified Identity Protection Platform

In this article, we will provide a brief overview of Silverfort's platform, the first (and currently only) unified identity protection platform on the market. Silverfort’s patented technology aims to protect organizations from identity-based attacks by integrating with existing identity and access management solutions, such as AD (Active Directory) and cloud-based services, and extending secure

Researchers Uncover Wiretapping of XMPP-Based Instant Messaging Service

New findings have shed light on what's said to be a lawful attempt to covertly intercept traffic originating from jabber[.]ru (aka xmpp[.]ru), an XMPP-based instant messaging service, via servers hosted on Hetzner and Linode (a subsidiary of Akamai) in Germany. "The attacker has issued several new TLS certificates using Let's Encrypt service which were used to hijack encrypted STARTTLS

34 Cybercriminals Arrested in Spain for Multi-Million Dollar Online Scams

Spanish law enforcement officials have announced the arrest of 34 members of a criminal group that carried out various online scams, netting the gang about €3 million ($3.2 million) in illegal profits. Authorities conducted searches across 16 locations Madrid, Malaga, Huelva, Alicante, and Murcia, seizing two simulated firearms, a katana sword, a baseball bat, €80,000 in cash, four high-end

1Password Detects Suspicious Activity Following Okta Support Breach

Popular password management solution 1Password said it detected suspicious activity on its Okta instance on September 29 following the support system breach, but reiterated that no user data was accessed. "We immediately terminated the activity, investigated, and found no compromise of user data or other sensitive systems, either employee-facing or user-facing," Pedro Canahuati, 1Password CTO, 

Think Your MFA and PAM Solutions Protect You? Think Again

When you roll out a security product, you assume it will fulfill its purpose. Unfortunately, however, this often turns out not to be the case. A new report, produced by Osterman Research and commissioned by Silverfort, reveals that MFA (Multi-Factor Authentication) and PAM (Privileged Access Management) solutions are almost never deployed comprehensively enough to provide resilience to identity

Webinar: Identity Threat Detection & Response (ITDR) – Rips in Your Identity Fabric

In today's digital age, SaaS applications have become the backbone of modern businesses. They streamline operations, enhance productivity, and foster innovation. But with great power comes great responsibility. As organizations integrate more SaaS applications into their workflows, they inadvertently open the door to a new era of security threats. The stakes? Your invaluable data and the trust

Way Too Vulnerable: Join this Webinar to Understand and Strengthen Identity Attack Surface

In today's digital age, it's not just about being online but how securely your organization operates online. Regardless of size or industry, every organization heavily depends on digital assets. The digital realm is where business takes place, from financial transactions to confidential data storage. While organizations have quickly adopted tools like Multi-Factor Authentication (MFA),

Okta Warns of Social Engineering Attacks Targeting Super Administrator Privileges

Identity services provider Okta on Friday warned of social engineering attacks orchestrated by threat actors to obtain elevated administrator permissions. “In recent weeks, multiple U.S.-based Okta customers have reported a consistent pattern of social engineering attacks against IT service desk personnel, in which the caller’s strategy was to convince service desk personnel to reset all

It's a Zero-day? It's Malware? No! It's Username and Password

As cyber threats continue to evolve, adversaries are deploying a range of tools to breach security defenses and compromise sensitive data. Surprisingly, one of the most potent weapons in their arsenal is not malicious code but simply stolen or weak usernames and passwords. This article explores the seriousness of compromised credentials, the challenges they present to security solutions, and the

JumpCloud Resets API Keys Amid Ongoing Cybersecurity Incident

JumpCloud, a provider of cloud-based identity and access management solutions, has swiftly reacted to an ongoing cybersecurity incident that impacted some of its clients. As part of its damage control efforts, JumpCloud has reset the application programming interface (API) keys of all customers affected by this event, aiming to protect their valuable data. The company has informed the concerned

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

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

Webinar: Learn How to Comply with New Cyber Insurance Identity Security Requirements

Have you ever stopped to think about the potential consequences of a cyberattack on your organization? It's getting more intense and destructive every day, and organizations are feeling the heat. That's why more and more businesses are turning to cyber insurance to find some much-needed peace of mind. Imagine, in the unfortunate event of a successful security breach or ransomware attack, the

Tackling the New Cyber Insurance Requirements: Can Your Organization Comply?

With cyberattacks around the world escalating rapidly, insurance companies are ramping up the requirements to qualify for a cyber insurance policy. Ransomware attacks were up 80% last year, prompting underwriters to put in place a number of new provisions designed to prevent ransomware and stem the record number of claims. Among these are a mandate to enforce multi-factor authentication (MFA)

Why Identity & Access Management Governance is a Core Part of Your SaaS Security

Every SaaS app user and login is a potential threat; whether it's bad actors or potential disgruntled former associates, identity management and access control is crucial to prevent unwanted or mistaken entrances to the organization's data and systems.  Since enterprises have thousands to tens of thousands of users, and hundreds to thousands of different apps, ensuring each entrance point and