This week's crypto roundup includes DeFi hacks and scams in the second quarter of 2023, FTX and SBF, Justby in the CFTC's crosshairs, and JokerSpy in a Japanese exchange. Also, the IMF says a crypto ban won't curb risk, Binance won't delist privacy coins, and EU banks have new capital requirements.
Researchers discovered an undisclosed malware family named EarlyRat being used by a branch of the North Korea-backed Lazarus Group. Kaspersky researchers said they stumbled upon the never-before-seen malware family, which is deployed in Log4j and phishing attacks.
Ukrainian cyber police raided and closed more than a dozen fraudulent call centers last week, saying the operations were running fake investment scams that involved stealing cryptocurrency and payment card details from European and Central Asian citizens.
Are unsolicited smartwatches the new USB thumb drive? The U.S. Army warns that service members are being sent free wearables preloaded with malware designed to steal data from mobile devices as well as intercept voice communications and hijack cameras.
Search engine optimization poisoning attacks, which involve intentionally manipulating search results to lead users onto malware-laced websites, are on the rise in the healthcare sector, U.S. federal regulators warn. Users should watch for typosquatting, keyword stuffing, meta tagging and cloaking.
Phishing attacks have come a long way from the spray-and-pray emails of just a few decades ago. Now they’re more targeted, more cunning and more dangerous. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more.
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Suspected Chinese APT groups exploited a 17-year-old Microsoft Office vulnerability in May to launch malware attacks against foreign government officials who attended a G7 summit in Hiroshima, Japan. Threat actors targeted officials from France, the United Kingdom, India, Singapore and Australia.
Understanding and Defending Against AI-Generated Email Attacks
ChatGPT. Google Bard. DeepFaceLab.
Generative AI is all the rage, and for good reason. What used to take hours can now be done in minutes, and what used to take minutes can be done in seconds. Which is great for productivity in the right hands.
Ukrainian cyber defenders say they've identified a cyberespionage campaign active since mid-2022 that gained unauthorized access to "several dozen" computers. A government spokesperson said Tuesday the campaign targets government agencies and media organizations.
Pretexting incidents, a social engineering technique that manipulates victims into divulging information, have nearly doubled, representing 50% of all social engineering attacks, according to Verizon's 2023 Data Breach Investigations Report, which analyzed more than 16,312 security incidents.
Banks are facing unprecedented challenges in securing their digital ecosystems while maintaining cost efficiency. With cybercriminals increasingly targeting the financial industry, banks face risks to their reputation as trustworthy partners. With data breach costs averaging nearly $6 million per incident, banks...
Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance. About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.
Possibly Russian hackers likely compromised the official email address of Ukraine's embassy in Tajikistan to send phishing emails to organizations located in central Asia, Israel and India. The Computer Emergency Response Team of Ukraine tracks the campaign as UAC-0063.
The mastermind behind a criminal website that sold tools for scammers who defrauded victims globally of more than 115 million euros received a 13-year, four-month prison sentence in the United Kingdom just months after law enforcement seized the site.
While historically the origin of most business email compromise (BEC) attacks has been West Africa, residing in Nigeria certainly isn’t a requirement for BEC attackers. Indeed, the subject of this report is a sophisticated threat group based in Israel.
The group is unique in that they impersonate executives and...