Cyber Defense Advisors

Month: August 2024

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  • August 19, 2024

Cybercriminals Exploit Popular Software Searches to Spread FakeBat Malware

Cybersecurity researchers have uncovered a surge in malware infections stemming from malvertising campaigns distributing a loader called FakeBat. “These attacks are opportunistic in nature, targeting users seeking popular business software,” the Mandiant Managed Defense team said in a technical report. “The infection utilizes a trojanized MSIX installer, which executes a PowerShell script to download a […]

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  • August 19, 2024

The State of Ransomware

Palo Alto Networks published its semi-annual report on ransomware. From the Executive Summary: Unit 42 monitors ransomware and extortion leak sites closely to keep tabs on threat activity. We reviewed compromise announcements from 53 dedicated leak sites in the first half of 2024 and found 1,762 new posts. This averages to approximately 294 posts a […]

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  • August 19, 2024

How to Automate the Hardest Parts of Employee Offboarding

According to recent research on employee offboarding, 70% of IT professionals say they’ve experienced the negative effects of incomplete IT offboarding, whether in the form of a security incident tied to an account that wasn’t deprovisioned, a surprise bill for resources that aren’t in use anymore, or a missed handoff of a critical resource or […]

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  • August 19, 2024

Xeon Sender Tool Exploits Cloud APIs for Large-Scale SMS Phishing Attacks

Malicious actors are using a cloud attack tool named Xeon Sender to conduct SMS phishing and spam campaigns on a large scale by abusing legitimate services. “Attackers can use Xeon to send messages through multiple software-as-a-service (SaaS) providers using valid credentials for the service providers,” SentinelOne security researcher Alex Delamotte said in a report shared […]

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  • August 19, 2024

Microsoft Patches Zero-Day Flaw Exploited by North Korea’s Lazarus Group

A newly patched security flaw in Microsoft Windows was exploited as a zero-day by Lazarus Group, a prolific state-sponsored actor affiliated with North Korea. The security vulnerability, tracked as CVE-2024-38193 (CVSS score: 7.8), has been described as a privilege escalation bug in the Windows Ancillary Function Driver (AFD.sys) for WinSock. “An attacker who successfully exploited […]

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  • August 19, 2024

Researchers Uncover New Infrastructure Tied to FIN7 Cybercrime Group

Cybersecurity researchers have discovered new infrastructure linked to a financially motivated threat actor known as FIN7. The two clusters of potential FIN7 activity “indicate communications inbound to FIN7 infrastructure from IP addresses assigned to Post Ltd (Russia) and SmartApe (Estonia), respectively,” Team Cymru said in a report published this week as part of a joint […]

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  • August 17, 2024

OpenAI Blocks Iranian Influence Operation Using ChatGPT for U.S. Election Propaganda

OpenAI on Friday said it banned a set of accounts linked to what it said was an Iranian covert influence operation that leveraged ChatGPT to generate content that, among other things, focused on the upcoming U.S. presidential election. “This week we identified and took down a cluster of ChatGPT accounts that were generating content for […]

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  • August 16, 2024

Friday Squid Blog: The Market for Squid Oil Is Growing

How did I not know before now that there was a market for squid oil? The squid oil market has experienced robust growth in recent years, expanding from $4.56 billion in 2023 to $4.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed […]

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  • August 16, 2024

Attackers Exploit Public .env Files to Breach Cloud Accounts in Extortion Campaign

A large-scale extortion campaign has compromised various organizations by taking advantage of publicly accessible environment variable files (.env) that contain credentials associated with cloud and social media applications. “Multiple security missteps were present in the course of this campaign, including the following: Exposing environment variables, using long-lived credentials, and absence of least privilege architecture,” Palo […]

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