Cyber Defense Advisors

Month: May 2024

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  • May 29, 2024

U.S. Sentences 31-Year-Old to 10 Years for Laundering $4.5M in Email Scams

The U.S. Department of Justice (DoJ) has sentenced a 31-year-old man to 10 years in prison for laundering more than $4.5 million through business email compromise (BEC) schemes and romance scams. Malachi Mullings, 31, of Sandy Springs, Georgia pleaded guilty to the money laundering offenses in January 2023. According to court documents, Mullings is said […]

Cyber News
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  • May 29, 2024

New Research Warns About Weak Offboarding Management and Insider Risks

A recent study by Wing Security found that 63% of businesses may have former employees with access to organizational data, and that automating SaaS Security can help mitigate offboarding risks. Employee offboarding is typically seen as a routine administrative task, but it can pose substantial security risks, if not handled correctly. Failing to quickly and […]

Cyber News
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  • May 29, 2024

Privacy Implications of Tracking Wireless Access Points

Brian Krebs reports on research into geolocating routers: Apple and the satellite-based broadband service Starlink each recently took steps to address new research into the potential security and privacy implications of how their services geolocate devices. Researchers from the University of Maryland say they relied on publicly available data from Apple to track the location […]

Cyber News
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  • May 29, 2024

Microsoft Uncovers ‘Moonstone Sleet’ — New North Korean Hacker Group

A never-before-seen North Korean threat actor codenamed Moonstone Sleet has been attributed as behind cyber attacks targeting individuals and organizations in the software and information technology, education, and defense industrial base sectors with ransomware and bespoke malware previously associated with the infamous Lazarus Group. “Moonstone Sleet is observed to set up fake companies and job […]

Cyber News
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  • May 29, 2024

BreachForums Returns Just Weeks After FBI Seizure – Honeypot or Blunder?

The online criminal bazaar BreachForums has been resurrected merely two weeks after a U.S.-led coordinated law enforcement action dismantled and seized control of its infrastructure. Cybersecurity researchers and dark web trackers Brett Callow, Dark Web Informer, and FalconFeeds revealed the site’s online return at breachforums[.]st – one of the dismantled sites – by a user […]

Cyber News
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  • May 28, 2024

Treasury Sanctions Creators of 911 S5 Proxy Botnet

The U.S. Department of the Treasury today unveiled sanctions against three Chinese nationals for allegedly operating 911 S5, an online anonymity service that for many years was the easiest and cheapest way to route one’s Web traffic through malware-infected computers around the globe. KrebsOnSecurity identified one of the three men in a July 2022 investigation […]

Cyber News

The Post-Pandemic Cybersecurity Nightmare

The Post-Pandemic Cybersecurity Nightmare From Remote Work Risks to Cyberattack Surges—The New Normal for Cybersecurity In the aftermath of the global shift towards remote work, Chief Information Security Officers (CISOs) find themselves at the heart of a cyber storm, navigating through an era that’s reshaping the landscape of digital defense. For those leading the cybersecurity […]

Cyber Thoughts
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  • May 28, 2024

Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme

An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform. Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested […]

Cyber News
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  • May 28, 2024

4-Step Approach to Mapping and Securing Your Organization’s Most Critical Assets

You’re probably familiar with the term “critical assets”. These are the technology assets within your company’s IT infrastructure that are essential to the functioning of your organization. If anything happens to these assets, such as application servers, databases, or privileged identities, the ramifications to your security posture can be severe. But is every technology asset […]

Cyber News