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Cyber Security News

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Tech Republic

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Remote Access Checklist

  • This Remote Access Checklist is used to ensure employees have necessary items, accounts, access, and instructions for remote work.
  • Checklist includes various account access provisions such as Active Directory, FTP/SFTP, VPN, local accounts, cloud-based storage and productivity tools, file sharing, and other specified accounts.
  • Customizable to meet organization's needs.
  • Available for download at $9 or complimentary access with a Premium annual subscription.

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Hackersking

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Recent Cyber Attacks: Trends, Tactics, and Countermeasures

  • The frequency and complexity of cyber attacks have surged in recent years, with over 700 million attacks reported in 2023 alone.
  • Types of recent cyber attacks include ransomware attacks, state-sponsored attacks, supply chain attacks, and phishing/social engineering.
  • Cybercriminals are adopting evolving tactics such as AI automation, social media exploitation, and polymorphic malware.
  • Countermeasures against these attacks include regular updates and patching, employee training, MFA, incident response planning, and advanced threat detection tools.

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Silicon

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North Korean IT Workers ‘Made Millions’ From US Companies

  • A group of North Korean IT workers have been indicted for allegedly making at least $88 million from fraudulently obtained US IT jobs and extortion payments.
  • The scheme involved using false identities of people in the US and other countries to gain IT jobs at US companies.
  • The workers received monthly wages of $10,000 and also stole sensitive information, threatening to publish it unless additional extortion payments were made.
  • The larger scheme is ongoing, and US authorities have disrupted one group while offering a reward of up to $5 million for information on the suspects and front companies.

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Fintechnews

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How Tech Is Combating the Rise of Scammers Exploiting Human Vulnerabilities in Asia

  • Frauds and scams have surged significantly in Singapore and Hong Kong.
  • Scammers exploit human vulnerabilities to initiate fraudulent transactions particularly in Southeast Asia.
  • Organisations must adopt a holistic approach to combat evolving fraud trends in Southeast Asia incorporating cutting-edge technology.
  • Account takeover fraud rates in Southeast Asia climbed 105% compared to the baseline period before the Covid-19.
  • The Global Anti-Scam Alliance revealed that globally 78% of respondents encountered at least one scam in the previous 12 months; 59% reported encountering scams monthly.
  • Scammers in Southeast Asia often impersonate legitimate entities such as government agencies, banks or tech companies.
  • Deepfakes, which use artificial intelligence (AI) to create highly convincing fake images, videos or audio recordings, pose a growing threat in Southeast Asia.
  • Effective strategies for fraud prevention today rely on advanced technology and data analytics, according to Stephen Topliss, Vice President of Fraud and Identity at LexisNexis Risk Solutions.
  • Multi-layered tools combining AI and technology providers like LexisNexis Risk Solutions can combat fraudulent activities, build trust and improve customer experience.
  • Collaborating across the banking industry is essential for identifying mules, as pooling data allows banks to track the movement of money and flag suspicious accounts.

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Lastwatchdog

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LW ROUNDTABLE: Lessons learned from the headline-grabbing cybersecurity incidents of 2024

  • Experts reflect on the cybersecurity incidents of 2024, emphasizing the need for risk management, supply chain visibility, and identity protection.
  • Software supply chain attacks targeting commercial software were a major threat in 2024 and require rigorous independent testing and verification.
  • Organizations must prioritize risk management beyond reactive patching to manage software sprawl and reduce vulnerabilities, ensuring better supply chain risk management.
  • Nation-state APTs and cybercriminals pose an escalating risk, and countermeasures could become far more aggressive if the U.S. treats ransomware as state-sponsored terrorism.
  • Organizations must diversify systems to reduce the risk of uniform digital infrastructure and prevent potentially catastrophic consequences.
  • API-powered infrastructure faces increasing attacks, and defenders must prioritize full API visibility and evaluate AI integrations for preventing subtle targeted attacks.
  • Supply chain breaches highlighted the need for vendor visibility, strong security contracts, and proactive supply chain risk management to mitigate breaches and protect sensitive data.
  • Identify-based attacks are prompting insurers to intensify scrutiny, shifting questions from MFA implementation to assessments of least privilege and real-time identity protection.
  • Building a strong culture of security and preparedness helps organizations respond quickly and effectively, keeping operations steady when disruptions happen.
  • Defensive teams must understand how to integrate AI into the full range of people, process, and technology to stop attackers sooner with more precision and with broad coverage.

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Cybersecurity-Insiders

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How Man-in-the-Middle Attacks Can Be Thwarted

  • Man-in-the-middle (MITM) attacks are a significant cybersecurity threat, where an attacker intercepts and potentially alters communication between two parties without their knowledge.
  • Using strong encryption (TLS/SSL) for communication between clients and servers is one of the best ways to protect against MITM attacks. Multi-factor authentication (MFA) adds an additional layer of security by requiring multiple forms of authentication.
  • Public Key Infrastructure (PKI) ensures that both server and client identities are verified before communication begins, preventing attackers from impersonating either party. DNS Security (DNSSEC) helps prevent DNS-related MITM attacks.
  • Avoiding public Wi-Fi networks for conducting sensitive transactions or using VPN for public Wi-Fi networks add additional security layers. Certificate pinning helps mitigate SSL/TLS interception attacks, and educating users about common attack vectors can help prevent MITM attacks.
  • Keeping software updated with latest patches and using strong passwords, including mixed letters, numbers, and symbols, will reduce the likelihood of MITM attacks. An effective multi-layered approach to security can effectively prevent and mitigate MITM attacks.
  • Man-in-the-middle attacks represent a serious threat to both individuals and organizations, but with sound security measures, both businesses and consumers can protect sensitive information from interception and manipulation.

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Cybersecurity-Insiders

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Cybersecurity News Headlines Trending on Google

  • Tech giants like Google, Amazon, Microsoft, and Facebook are leading the adoption of passkey security technology.
  • Long-lived credentials pose a serious security threat to cloud service providers and require regular rotation and management.
  • Mastercard introduces biometric Payment Passkey Service in Latin America, aiming to phase out traditional passwords by 2030.
  • Iran-linked IOCONTROL malware targets critical infrastructure in the US and Israel, posing a surveillance and disruption threat.

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Medium

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Top 10 Cybersecurity Trends to Watch in 2024

  • AI-powered cyberattacks are on the rise, with hackers utilizing AI to create sophisticated malware and automated attacks.
  • Zero Trust Architecture (ZTA) is becoming the standard practice, assuming that every connection is potentially malicious.
  • Quantum computing poses a threat to current encryption methods, leading to investments in post-quantum cryptography.
  • Ransomware-as-a-Service (RaaS) platforms make ransomware attacks more accessible, emphasizing the need for data backups and incident response plans.

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Medium

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The Transformative Power of Artificial Intelligence

  • AI plays a crucial role in early disease detection and personalized treatment.
  • Adaptive learning platforms powered by AI provide tailored education to students.
  • AI enables automation and efficient decision making in various processes.
  • AI has the potential to revolutionize sectors like transportation and improve road safety.

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Pymnts

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Yearlong Cyberattack Targets Security Workers

  • A yearlong cyberattack has been targeting security personnel by stealing their login credentials using Trojanized versions of open-source software.
  • The attack, reported by Checkmarx and Datadog Security Labs, infects the devices of security researchers and installs a backdoor to gather sensitive information.
  • The hackers, known as MUT-1244, have also conducted spear phishing campaigns and installed cryptomining software on infected machines.
  • This attack is part of a wave of similar incidents highlighting the need for improved security measures in protecting sensitive data and preventing data breaches.

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Fintechnews

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ASIC Sues HSBC Australia Over Scam Failures Leading to A$23 Million in Losses

  • The Australian Securities and Investments Commission (ASIC) is taking legal action against HSBC Australia over alleged systemic failures in protecting customers from financial scams.
  • ASIC claims that HSBC failed to implement adequate controls to prevent unauthorized transactions and did not promptly investigate scam reports or reinstate access to blocked accounts.
  • Between January 2020 and August 2024, HSBC received around 950 reports of unauthorized transactions, resulting in customer losses of A$23 million.
  • ASIC is seeking court orders for declarations of contraventions, pecuniary penalties, and adverse publicity measures against HSBC Australia.

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Pymnts

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Trump Looks to Go ‘On the Offense’ Against Cyberattackers

  • President-elect Donald Trump is reportedly looking for ways to get tougher on cyberattackers.
  • U.S. Rep. Mike Waltz suggests going on the offense and imposing higher costs and consequences on cyber attackers.
  • The American tech industry could play a role in improving U.S. cyberdefenses against hackers.
  • Recent cyberattacks, including a Chinese cyberespionage campaign and attacks by hacking group Termite, highlight the need for stronger cybersecurity measures.

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Siliconangle

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Rhode Island’s RIBridges system breached in cyberattack targeting personal data

  • Rhode Island’s RIBridges system has been breached in a cyberattack.
  • Unknown threat actor stole personal data and is demanding payment.
  • Data stolen includes names, addresses, dates of birth, Social Security numbers, and banking information.
  • Rhode Island is providing free credit monitoring and assistance to affected individuals.

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Pymnts

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Rhode Island Benefits Portal Hit by Ransomware Attack

  • Rhode Island’s public benefits system has been targeted in a ransomware attack.
  • Hackers breached the online system and have threatened to disclose users’ personal information unless they get a payment.
  • The online portal, known as RIBridges, has been shut down to deal with the threat.
  • Users are advised to change passwords and set up two-factor authentication protocols.

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Dev

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My VAPT Learning Journey

  • A cybersecurity enthusiast is planning to start a VAPT tutorial series to share progress, topics, and related labs for hands-on practice.
  • The series will cover topics from the Portswigger website and include discussions on Kontra for practical applications.
  • The topics to be covered include server-side vulnerabilities, client-side vulnerabilities, and advanced topics like insecure deserialization and OAuth authentication.
  • The focus will be on creating concise but informative blogs on each topic and their solutions, and collaboration opportunities are welcomed.

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