Nair is principal correspondent for Information Security Media Group's global news desk. He has previously worked at TechCircle, IDG, Times Group and other publications where he reported on developments in enterprise technology, digital transformation and other issues.
The Evilnum hacking group has updated its tactics, techniques and procedures, now uses MS Office Word documents and leverages document template injection to deliver malicious payloads to its victims' machines. First seen in 2018, the group mainly targets fintech firms in the U.K. and Europe.
The U.S. Department of Justice is touting a string of indictments against accused cryptocurrency and NFT fraudsters, including against a Vietnamese man who is allegedly behind the Baller Ape rug pull, the largest such NFT fraud to date. Rug pulls are the largest form of cryptocurrency-based crime.
Ukrainian authorities arrested nine individuals for the theft of about $3.4 million from 5,000 Ukrainians via more than 400 phishing links. Cybercrime gang members allegedly obtained access to bank accounts under the guise of facilitating social safety net payments from the European Union.
Threat actors are using deepfakes to apply for remote employment at U.S. tech companies in a bid to gain access to corporate financial and customer data, internal databases and proprietary information. Fraudsters used stolen PII to make deepfake videos for personal interviews, says the FBI.
Italy joined France and Austria in warning domestic companies to shy away from Google Analytics. The decision by the Italian data protection authority highlights ongoing legal uncertainty concerning trans-Atlantic transfers of commercial data.
Ransomware-as-a-service gang LockBit has set up a bug bounty program for its malware and for exploitable vulnerabilities it could use to further criminal activities. Whether the program will go as planned is an open question. The gang is offering $1,000 to $1 million in remuneration.
Ransomware group AvosLocker made use of unpatched VMWare Horizon applications to hack into an unidentified organization’s systems, says analysis from Cisco Talos. The race between systems administrators working to patch the Log4j vulnerability and hackers trying to exploit it is ongoing.
Belgian and Dutch police with the support of Europol dismantled an organized crime gang involved in carrying out phishing, money laundering and other scams. Nine suspects are in detention after stealing several million euros, authorities say.
Siemens is advising its SINEC NMS customers to update to version V1.0 SP2 or newer in order to prevent exploitation of vulnerabilities that could allow remote execution of malicious code. As an alternative, customers could just restrict access to affected systems to trusted IP addresses only.
A new Android malware that can steal financial data, credentials, crypto wallets, personal data and cookies; bypass multifactor authentication codes; and remotely control infected devices is targeting online banking customers and financial institutions, cybersecurity researchers at F5 Labs say.
A "technically sophisticated" threat campaign is cloning cryptocurrency apps to steal funds from web3 wallet users, security researchers at Confiant say. The campaign, dubbed SeaFlower, uses cloned wallet apps offered by MetaMask, Coinbase, imToken and TokenPocket to carry out the theft.
Microsoft’s June rollout of security flaw fixes includes patching Follina, a zero-day exploit launched via malicious Office documents which has been spotted being exploited in the wild. From July users with E3 licenses and above will have the option of automatic updates instead of manual Patch Tuesday fixes.
Top Russian diplomat Andrei Krutskikh is pressuring the U.S. to back down in cyberspace after the director of U.S. Cyber Command, Army Gen. Paul Nakasone, acknowledged America has conducted a "full spectrum" of virtual operations in support of Ukraine.
A recently identified Chinese hacking group dubbed Aoqin Dragon has been targeting government, education and telecommunication organizations in Southeast Asia and Australia since 2013 as part of an ongoing cyberespionage campaign, according to research from SentinelLabs.
New malware called Symbiote is affecting Linux operating systems by infecting other running processes to inflict damage on machines, say Intezer security researcher Joakim Kennedy and the BlackBerry Threat Research and Intelligence Team, who jointly conducted the research.
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