A likely Chinese hacker-for-hire used high-profile vulnerabilities in a campaign targeting a slew of Southeast Asian and U.S. governmental and research organizations, says threat intel firm Mandiant. Rapid exploitation of newly patched flaws has become a hallmark of Chinese threat actors.
Artificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.
This week, FTX emergency CEO John Ray filleted previous CEO Sam Bankman-Fried, the SEC charged 17 members in a $300 million Ponzi scheme, Hong Kong warned against Bybit, reports said North Korea made half of its revenue from cyberattacks, and police rescued hundreds from a pig-butchering scam center.
This week, Flipper Devices petitioned Canada, UnitedHealth Group dealt with its attack, Nemesis Market was seized, phishers fooled ML, AceCryptor returned to Europe, Brazil and Ukraine made arrests, another Ivanti flaw, London rebuked for possible data exposure, and Fujitsu reported malware attack.
The U.S. Department of the Treasury sanctioned the heads of Russian-based companies for spearheading disinformation campaigns that impersonated legitimate media outlets and government organizations across the globe. The firms coordinated an information manipulation campaign targeting Latin America.
Federal authorities are warning healthcare and public health sector entities of email bomb attacks, a type of denial-of-service attack that can overwhelm email systems and networks and distract victims from other nefarious activities. The incidents can also disrupt clinical and business workflow.
U.S. and allied cybersecurity agencies again warned the private sector to guard against Chinese state hackers who eschew malware to maintain access in favor of exploiting built-in system functions. Key preventative measures include maintaining a central logging database.
Major technology vendors keep being hacked by the nation-state hacking group Midnight Blizzard. Essential defenses to combat such attacks begin with implementing log monitoring across multiple platforms to find red flags, said John Fokker, head of threat intelligence at Trellix.
Fraudsters increasingly focus on synthetic entity fraud because forming a corporation requires few verification checks. This lack of rigorous verification by business registrars has led to an explosion in fake companies, said Andrew La Marca at Dun & Bradstreet.
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Security researchers say they've spotted a hacking campaign with a strong focus in Southeast Asia that could be the work of Chinese state hacking contractor iSoon, the company whose February internal data leak threw a spotlight on a network of private sector companies hacking on behalf of Beijing.
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