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Why Shouldn't You Upload Files So Readily On Your Browser?


The digital society we live in has made it abundantly clear that being cautious about online activities goes beyond avoiding suspicious links. Recent findings by cybersecurity researchers have surfaced a new ransomware threat that exploits web browsers, potentially putting users' files at risk.

The Rising Threat

Modern web browsers like Google Chrome and Microsoft Edge offer advanced functionalities, allowing users to seamlessly interact with various online services, from email to multimedia streaming. However, these capabilities also open doors for hackers to manipulate browsers and gain unauthorised access to users' local file systems.

What Is The Risk?

The File System Access API, utilised by browsers, enables web applications to interact with users' files. This means that uploading files to seemingly benign online tools could inadvertently grant hackers access to personal data stored on the user's computer.

The Implications

Imagine using an online photo editing tool. Uploading files for editing could inadvertently expose your entire file system to malicious actors, who could then encrypt your files and demand ransom for decryption.

The Scale of the Issue

Ransomware attacks have become increasingly prevalent, targeting individuals and organisations across various sectors. In 2023 alone, organisations paid over $1.1 billion in ransomware payments, highlighting the urgent need for robust cybersecurity measures.

Addressing the Threat

Researchers at the Cyber-Physical Systems Security Lab at Florida International University have been investigating this new breed of ransomware. Their findings, presented at the USENIX Security Symposium, underscore the severity of the threat posed by browser-based ransomware.

Recommended Practices 

The research team proposed three defence approaches to mitigate the risk of browser-based ransomware. These strategies focus on detecting and preventing malicious activity at the browser, file system, and user levels, offering a multi-layered defence mechanism against potential attacks.

1. Temporarily Halting Web Applications:

This approach involves temporarily suspending a web application's activity within the browser to detect any suspicious behavior related to file encryption. By monitoring the application's actions, security systems can identify and interrupt potential ransomware activity before it causes significant damage. This measure enables users to maintain control over their files and prevent unauthorised access by any threat actors.

2. Monitoring Web Application Activity:

In addition to halting web applications, this defense strategy focuses on continuously monitoring their activity on users' computers. By analysing patterns and behaviours associated with ransomware attacks, security systems can easily detect and respond to any anomalous activities. This real-time monitoring ensures timely intervention and minimizes the impact of browser-based ransomware on users' systems.

3. Introducing Permission Dialog Boxes:

To empower users with greater control over their file system access, this approach proposes the implementation of permission dialogue boxes. When a web application requests access to the user's local files, a dialogue box prompts the user to approve or deny the request, along with providing information about the associated risks and implications. By promoting user awareness and informed decision-making, this measure ensures security posture and reduces the likelihood of inadvertent file exposure to ransomware threats.

As technology continues to transform, so do the tactics employed by cybercriminals. By staying informed and implementing proactive cybersecurity measures, users can safeguard their digital assets against threats like browser-based ransomware.




5 Attack Trends Your Company Should Be Aware Of

5 Attack Trends Your Company Should Be Aware Of

Cybersecurity is always evolving and demands ongoing awareness

Every day, Microsoft analyzes over 78 trillion security signals to gain a deeper understanding of the current threat pathways and methodologies. Since last year, we've seen a shift in how threat actors scale and use nation-state backing. It's apparent that companies are facing more threats than ever before, and attack chains are becoming more complicated. Dwell times have decreased, and tactics, techniques, and procedures (TTPs) have evolved to be more agile and evasive. 

Based on these findings, here are five attack trends that end-user organizations should be watching regularly.

1. Gaining Stealth by avoiding custom tools and malware

Some threat actor organizations prioritize stealth by using tools and processes that are already installed on their victims' systems. This enables attackers to fly under the radar and go undiscovered by concealing their operations among other threat actors that use similar approaches to launch assaults. 

Volt Typhoon, a Chinese state-sponsored actor, is an example of this trend, having made news for targeting US critical infrastructure using living-off-the-land practices.

2. Blending cyber and influence operations for greater results

Nation-state actors have also developed a new type of tactics that blends cyber and influence operations (IO) techniques. This hybrid, known as "cyber-enabled influence operations," combines cyber methods such as data theft, defacement, distributed denial-of-service, and ransomware with influence methods such as data leaks, sockpuppets, victim impersonation, misleading social media posts, and malicious SMS/email communication to boost, exaggerate, or compensate for weaknesses in adversaries' network access or cyberattack capabilities. 

For example, Microsoft has noticed various Iranian actors trying to use bulk SMS texting to increase and psychologically impact their cyber-influence activities. We're also seeing more cyber-enabled influence operations attempt to imitate alleged victim organizations or key figures inside those organizations to lend legitimacy to the impacts of the malware or compromise.

3. Developing Covert Networks Using SOHO Network Edge Devices

The increased use of small-office/home-office (SOHO) network edge devices is especially relevant for distributed or remote employees. Threat actors are increasingly using target SOHO devices—such as the router at a local coffee shop—to assemble hidden networks. 

Some adversaries will even employ programs to locate susceptible endpoints around the world and identify potential targets for their next attack. This approach complicates attribution by having attacks appear from almost anywhere.

4. Quickly Implementing Publicly Disclosed Proofs of Concept for Initial Access and Persistence 

Microsoft has noticed an increase in the number of nation-state subgroups using publicly released proof-of-concept (POC) code to exploit vulnerabilities in Internet-facing apps.

This tendency can be seen in threat groups such as Mint Sandstorm, an Iranian nation-state actor that quickly exploited N-day vulnerabilities in common corporate systems and launched highly focused phishing attacks to get speedy and effective access to target environments.

5. Prioritizing Specialization in the Ransomware Economy

We've noticed a persistent trend toward ransomware expertise. Rather than conducting an end-to-end ransomware campaign, threat actors are focusing on a limited set of skills and services. 

This specialization has a breaking effect, distributing components of a ransomware attack across different vendors in a complicated underground market. Companies can no longer think of ransomware attacks as originating from a single threat actor or group. 

Instead, they might be attacking the entire ransomware-as-a-service ecosystem. In response, Microsoft Threat Intelligence now tracks ransomware providers individually, identifying which groups deal in initial access and which supply additional services.

As cyber defenses seek better ways to strengthen their security stance, it is critical to look to and learn from past trends and breaches. By examining these occurrences and understanding different attackers' motivations and preferred TTPs, we can better prevent such breaches in the future.

Deceptive npm Packages Employed to Deceive Software Developers into Malware Installation

 

A persistent scheme aimed at software developers involves fraudulent npm packages disguised as job interview opportunities, with the intention of deploying a Python backdoor onto their systems.

Securonix, a cybersecurity company, has been monitoring this campaign, dubbed DEV#POPPER, which they attribute to North Korean threat actors. 

"During these fraudulent interviews, the developers are often asked to perform tasks that involve downloading and running software from sources that appear legitimate, such as GitHub," security researchers Den Iuzvyk, Tim Peck, and Oleg Kolesnikov said. "The software contained a malicious Node JS payload that, once executed, compromised the developer's system."

Details of this campaign surfaced in late November 2023, when Palo Alto Networks Unit 42 revealed a series of activities known as Contagious Interview. Here, the threat actors masquerade as employers to entice developers into installing malware such as BeaverTail and InvisibleFerret during the interview process.

Subsequently, in February of the following year, Phylum, a software security firm, uncovered a collection of malicious npm packages on the registry. These packages delivered the same malware families to extract sensitive information from compromised developer systems.

It's important to distinguish Contagious Interview from Operation Dream Job, also linked to North Korea's Lazarus Group. The former targets developers primarily through fabricated identities on freelance job platforms, leading to the distribution of malware via developer tools and npm packages.

Operation Dream Job, on the other hand, extends its reach to various sectors like aerospace and cryptocurrency, disseminating malware-laden files disguised as job offers.

The attack sequence identified by Securonix begins with a GitHub-hosted ZIP archive, likely sent to the victim during the interview process. Within this archive lies an apparently harmless npm module housing a malicious JavaScript file, BeaverTail, which serves as an information thief and a loader for the Python backdoor, InvisibleFerret, retrieved from a remote server. This implant can gather system data, execute commands, enumerate files, and log keystrokes and clipboard activity.

This development underscores the continued refinement of cyber weapons by North Korean threat actors, as they update their tactics to evade detection and extract valuable data for financial gain.

Securonix researchers emphasize the importance of maintaining a security-conscious mindset, particularly during high-pressure situations like job interviews, where attackers exploit distraction and vulnerability.

Safeguarding Your Digital Future: Navigating Cybersecurity Challenges

 

In the ever-expanding realm of technology, the omnipresence of cybercrime casts an increasingly ominous shadow. What was once relegated to the realms of imagination has become a stark reality for countless individuals and businesses worldwide. Cyber threats, evolving in sophistication and audacity, have permeated every facet of our digital existence. From cunning phishing scams impersonating trusted contacts to the debilitating effects of ransomware attacks paralyzing entire supply chains, the ramifications of cybercrime reverberate far and wide, leaving destruction and chaos in their wake. 

Perhaps one of the most alarming developments in this digital arms race is the nefarious weaponization of artificial intelligence (AI). With the advent of AI-powered attacks, malevolent actors can orchestrate campaigns of unparalleled scale and complexity. Automated processes streamline malicious activities, while the generation of deceptive content presents a formidable challenge even to the most vigilant defenders. As adversaries leverage the formidable capabilities of AI to exploit vulnerabilities and circumvent traditional security measures, the imperative for proactive cybersecurity measures becomes ever more pressing. 

In this rapidly evolving digital landscape, the adoption of robust cybersecurity measures is not merely advisable; it is indispensable. The paradigm has shifted from reactive defense mechanisms to proactive strategies aimed at cultivating a culture of awareness and preparedness. Comprehensive training and continuous education serve as the cornerstones of effective cybersecurity, empowering individuals and organizations to anticipate and counter emerging threats before they manifest. 

For businesses, the implementation of regular security training programs is essential, complemented by a nuanced understanding of AI's role in cybersecurity. By remaining abreast of the latest developments and adopting proactive measures, organizations can erect formidable barriers against malicious incursions, safeguarding their digital assets and preserving business continuity. Similarly, individuals can play a pivotal role in fortifying our collective cybersecurity posture through adherence to basic cybersecurity practices. 

From practicing stringent password hygiene to exercising discretion when sharing sensitive information online, every individual action contributes to the resilience of the digital ecosystem. However, the battle against cyber threats is not a static endeavor but an ongoing journey fraught with challenges and uncertainties. As adversaries evolve their tactics and exploit emerging technologies, so too must our defenses adapt and evolve. The pursuit of cybersecurity excellence demands perpetual vigilance, relentless innovation, and a steadfast commitment to staying one step ahead of the ever-evolving threat landscape. 

The spectrum of cybercrime looms large in our digital age, presenting an existential threat to individuals, businesses, and society at large. By embracing the principles of proactive cybersecurity, fostering a culture of vigilance, and leveraging the latest technological advancements, we can navigate the treacherous waters of the digital domain with confidence and resilience. Together, let us rise to the challenge and secure a safer, more resilient future for all.

Is Online Banking Truly Safe? Understanding the Safety Loopholes in Bank Websites

 

In today's increasingly digital landscape, ensuring the security of online banking platforms is paramount. With cyber threats evolving and becoming more sophisticated, financial institutions face the constant challenge of fortifying their systems against unauthorized access and data breaches. 

Recently, Which?, a respected consumer advocate, conducted an extensive investigation into the security measures implemented by major current account providers. This evaluation carried out with the assistance of independent computer security experts, aimed to scrutinize the efficacy of banks' online banking systems in safeguarding customer data and preventing fraudulent activities. 

The assessment, conducted over two months in January and February 2024, focused on examining the apps and websites of 13 prominent current account providers. While the evaluation did not encompass testing of back-end systems, it honed in on four critical areas essential for ensuring robust security protocols: security best practices, login processes, account management, and navigation & logout functionalities. 

Through rigorous testing, the investigation revealed significant variations among providers, with some demonstrating commendable security measures while others fell short of expectations. Among the findings, TSB and the Co-operative Bank emerged as the lowest-ranked institutions in both mobile app and online security. 

Notably, TSB's app exhibited a serious vulnerability, allowing sensitive data to be accessed by other applications on the device, raising concerns about data integrity and privacy. Similarly, the Co-operative Bank's failure to enforce two-factor authentication (2FA) on a test laptop highlighted potential weaknesses in their security infrastructure, necessitating urgent attention and remediation. 

Conversely, NatWest and Starling emerged as frontrunners in online banking security, earning an impressive score of 87%. Their robust security protocols and stringent authentication processes set them apart as leaders in safeguarding customer information. 

Meanwhile, HSBC and Barclays led the pack in mobile banking security, with HSBC notably eschewing SMS-based login verification, opting for more secure alternatives to protect user accounts. In addition to holding financial institutions accountable for maintaining rigorous security standards, consumers must also take proactive steps to protect their financial data when banking online. 

Which? recommends six essential tips for enhancing online security, including protecting mobile devices, using strong and unique passwords, and promptly reporting any suspicious activity. By adopting these best practices and remaining vigilant, consumers can mitigate the risks associated with online banking and thwart the efforts of cybercriminals seeking to exploit vulnerabilities. 

In an era where digital transactions are ubiquitous, prioritizing security is imperative to safeguarding personal and financial information from unauthorized access and fraudulent activities.

Revived Ransomware HelloKitty Returns with Rebranding, Leaks CD Projekt and Cisco Data

 

HelloKitty, a notorious ransomware that became defunct in late 2023 after its developer leaked both the builder and source code on a hacker forum, has resurfaced under a new name and a fresh data leak website. According to reports from BleepingComputer, the ransomware and its associated dark web portal have been rebranded as HelloGookie, likely in reference to the developer and operator, Gookee/kapuchin0, who was behind the original HelloKitty ransomware.

Originally created and maintained by a hacker known as Guki, HelloKitty was infamous for its targeting of large organizations and corporations since its establishment in late 2020. One of its notable breaches occurred in February the following year when it infiltrated CD Projekt Red, a renowned Polish game studio famous for titles like the Witcher series and Cyberpunk 2077. 

The Witcher series alone has sold over 50 million copies globally, while Cyberpunk 2077 boasts approximately 25 million sales. Both games, being open-world RPGs, have garnered numerous accolades, with Witcher 3 often hailed as one of the greatest RPGs ever developed.

During the attack on CD Projekt Red, HelloKitty pilfered about 450GB of uncompressed source code, which included files for an unreleased version of Witcher 3 purportedly featuring ray tracing, a cutting-edge rendering technique that simulates realistic lighting effects in computer graphics. 

This technique was eventually integrated into Witcher 3 via a 2022 update. In a bid to mark its resurgence, the operator of the ransomware released the pilfered data from the CD Projekt Red breach, along with data acquired from a 2022 attack on Cisco. Additionally, four private decryption keys were made public to facilitate the unlocking of files encrypted by HelloKitty.

As of now, there have been no new data leaks on the HelloGookie website, nor any indication of ongoing attacks. HelloKitty once held a significant position in the ransomware landscape, and it remains to be seen whether HelloGookie will achieve similar levels of success as its predecessor.

HelloKitty Ransomware Renames to 'HelloGookie,' Unveils CD Projekt and Cisco Data

 

The operator behind the HelloKitty ransomware has rebranded it as 'HelloGookie,' with passwords for previously leaked CD Projekt source code, Cisco network data, and decryption keys from earlier attacks being released.

Identified as 'Gookee/kapuchin0,' the threat actor claims to be the original creator of the now-defunct HelloKitty ransomware, coinciding the rebranding with the launch of a new dark web portal for HelloGookie. To mark the occasion, four private decryption keys were disclosed, enabling the recovery of files from previous attacks, alongside internal data stolen from Cisco in 2022 and passwords for leaked CD Projekt source code.

Developers have already utilized the leaked Witcher 3 source code to compile the game, showcasing screenshots and videos of development builds. The leaked source code contains binaries to launch a developer build of Witcher 3, with efforts underway to compile the game from the source.

HelloKitty, initially launched in November 2020, garnered attention for targeting corporate networks, encrypting systems, and stealing data. Notably, the ransomware group breached CD Projekt Red in February 2021, encrypting servers and pilfering source code, including for Witcher 3.

In 2022, Yanluowang's data leak site was allegedly hacked, revealing conversations linking the group closely to the HelloKitty developer. Gookee/kapuchin0 subsequently leaked the HelloKitty builder and source code, signaling the end of operations. However, rebranded as HelloGookie, the threat actor has not disclosed new victims or evidence of recent attacks but released stolen data from prior breaches.

The leaked data includes NTLM hashes from Cisco's breach, indicating a closer relationship between HelloGookie and Yanluowang. Cisco acknowledged the incident, referring to a 2022 blog post by Cisco Talos detailing the security breach.

The future success and notoriety of HelloGookie remain uncertain, contrasting with the operational achievements of HelloKitty.

Here's How to Remove Unnecessary Files from Your Android Phone's Web Browser

 

The web browser on your Android phone collects a significant amount of data from the websites you visit, much of which is unnecessary to keep on your device. Regardless of whether you use Google Chrome, Mozilla Firefox, or Samsung Internet, this data, stored in cookies and cache, serves various purposes, such as enabling faster website loading and maintaining login sessions. However, a considerable portion of this data is superfluous and poses privacy risks.

Frequent clearing of your browser's cookies and cache is advisable due to the accumulation of unnecessary data, including transient junk and active tracking mechanisms from websites. These trackers often contribute to targeted advertising, where your browsing history influences the ads you encounter. For instance, after browsing online stores, you might notice advertisements tailored to your recent activities, like offers for eyeglasses or reminders of items in your shopping cart on Amazon.

Regularly clearing your cache helps eliminate unwanted data from your phone, especially if there are unidentified data trackers among your browser's cookies. Though clearing your cache may require you to log back into some websites, it's a minor inconvenience compared to the benefits of maintaining your phone's cleanliness and privacy.

The process for clearing cookies and cache varies depending on your phone's model and the web browser app you use. For Google Chrome, Samsung Internet, and Mozilla Firefox on Android devices, specific steps can be followed to clear this data effectively.

In Google Chrome, access the option to clear browsing data through the More menu or the Settings menu. For Samsung Internet, you can clear browsing data within the app or through your phone's Settings app, with options to delete various types of data, including cache and cookies. Mozilla Firefox offers extensive options for clearing browsing data, allowing users to delete specific types of data such as open tabs, browsing history, site permissions, and downloads, in addition to cookies and cached images and files. Additionally, Firefox provides an option to automatically delete browsing data upon quitting the app, enhancing privacy.

Both Chrome and Firefox offer basic and advanced settings for clearing browsing data, including options to specify the time range for deletion and to delete saved passwords and autofill form data. Chrome may prompt users regarding the importance of certain websites before clearing data, providing an opportunity to confirm the action.

Regularly clearing cookies and cache in your Android web browser is essential for maintaining privacy and optimizing device performance.

Drop in ransomware payment, 2024 Q1 sees a record low of 28%

 

Ransomware actors have encountered a rocky start in 2024, as indicated by statistics from cybersecurity firm Coveware. Companies are increasingly refusing to acquiesce to extortion demands, resulting in a record low of only 28% of companies paying ransom in the first quarter of the year. This figure marks a notable decrease from the 29% reported in the previous quarter of 2023. Coveware's data underscores a consistent trend since early 2019, showing a diminishing rate of ransom payments. 

The decline in ransom payments can be attributed to several factors. Organizations are implementing more sophisticated protective measures to fortify their defenses against ransomware attacks. Additionally, mounting legal pressure discourages companies from capitulating to cybercriminals' financial demands. Moreover, ransomware operators frequently breach promises not to disclose or sell stolen data even after receiving payment, further eroding trust in the extortion process. 

Despite the decrease in the payment rate, the overall amount paid to ransomware actors has surged to unprecedented levels. According to a report by Chainalysis, ransomware payments reached a staggering $1.1 billion in the previous year. This surge in payments is fueled by ransomware gangs targeting a larger number of organizations and demanding higher ransom amounts to prevent the exposure of stolen data and provide victims with decryption keys. 

In the first quarter of 2024, Coveware reports a significant 32% quarter-over-quarter drop in the average ransom payment, which now stands at $381,980. Conversely, the median ransom payment has seen a 25% quarter-over-quarter increase, reaching $250,000. This simultaneous decrease in the average and rise in the median ransom payments suggest a shift towards more moderate ransom demands, with fewer high-value targets succumbing to extortion. Examining the initial infiltration methods used by ransomware operators reveals a rising number of cases where the method is unknown, accounting for nearly half of all reported cases in the first quarter of 2024. 

Among the identified methods, remote access and vulnerability exploitation play a significant role, with certain CVE flaws being widely exploited by ransomware operators. The recent disruption of the LockBit operation by the FBI has had a profound impact on the ransomware landscape, reflected in Coveware's attack statistics. This law enforcement action has not only disrupted major ransomware gangs but has also led to payment disputes and exit scams, such as those witnessed with BlackCat/ALPHV. 

 Furthermore, these law enforcement operations have eroded the confidence of ransomware affiliates in ransomware-as-a-service (RaaS) operators, prompting many affiliates to operate independently. Some affiliates have even opted to exit cybercrime altogether, fearing the increased risk of legal consequences and the potential loss of income. Amidst these developments, one ransomware strain stands out as particularly active: Akira. 

This strain has remained the most active ransomware in terms of attacks launched in the first quarter of the year, maintaining its position for nine consecutive months. According to the FBI, Akira is responsible for breaches in at least 250 organizations and has amassed $42 million in ransom payments. Implementing robust protective measures, staying informed about emerging threats, and fostering collaboration with law enforcement agencies are essential strategies for mitigating the risks posed by ransomware attacks and safeguarding sensitive data from malicious actors.

Numerous LastPass Users Fall Victim to Highly Convincing Scam, Losing Master Passwords

 

The hackers now have their eyes set on a crucial target: master passwords. These passwords serve as the gateway to password managers, where users store all their login credentials in one secure location. While these managers provide convenience by eliminating the need to remember numerous passwords, they also pose a significant risk. If hackers obtain the master password, they gain access to all associated accounts, potentially wreaking havoc on users' digital lives.

The latest threat, known as CryptoChameleon, has caught the attention of cybersecurity experts. Unlike many cyberattacks, CryptoChameleon doesn't blanket the internet with its malicious activities. Instead, it selectively targets high-value entities like enterprises. David Richardson, vice president of threat intelligence at Lookout, notes that this focused approach makes sense for attackers aiming to extract maximum value from their efforts. For them, gaining access to a password vault is a goldmine of sensitive information ripe for exploitation.

CryptoChameleon's modus operandi involves a series of sophisticated manoeuvres to deceive its victims. Initially, it appeared as just another phishing kit, targeting individuals and organizations with tailored scams. However, its tactics evolved rapidly, culminating in a highly convincing impersonation of legitimate entities like the Federal Communications Commission (FCC). By mimicking trusted sources, CryptoChameleon managed to lure even security-conscious users into its traps.

One of CryptoChameleon's recent campaigns targeted LastPass users. The attack begins with a phone call from a spoofed number, informing the recipient of unauthorized access to their account. To thwart this breach, victims are instructed to press a specified key, which leads to further interaction with a seemingly helpful customer service representative. These agents, equipped with professional communication skills and elaborate scripts, guide users through a series of steps, including visiting a phishing site disguised as a legitimate support page. Unbeknownst to the victims, they end up divulging their master password, giving the attackers unrestricted access to their LastPass account.

Despite LastPass's efforts to mitigate the attack by shutting down suspicious domains, CryptoChameleon persists, adapting to evade detection. While the exact number of victims remains undisclosed, evidence suggests that the scale of the attack could be larger than initially estimated.

Defending against CryptoChameleon and similar threats requires heightened awareness and scepticism. Users must recognize the signs of phishing attempts, such as unsolicited calls or emails requesting sensitive information. Additionally, implementing security measures like multifactor authentication can provide an additional layer of defense against such attacks. However, as demonstrated by the experience of even seasoned IT professionals falling victim to these scams, no defense is foolproof. Therefore, remaining vigilant and promptly reporting suspicious activity is paramount in safeguarding against cyber threats.

Trust in Cyber Takes a Knock as CNI Budgets Flatline

Trust in Cyber Takes a Knock as CNI Budgets Flatline

Trust in cybersecurity technologies has become one of the most difficult hurdles for critical national infrastructure (CNI) providers as sophisticated nation-state threats grow, according to a recent Bridewell assessment.

The Trust Deficit

The IT services firm's most recent Cyber Security in Critical National Infrastructure report is based on interviews with over 1000 CISOs and equivalents from CNI providers in the United States and the United Kingdom.

It found that over a third (31%) identified "trust in cybersecurity tools" as a key challenge this year, up 121% from the 2023 edition of the survey.

Confidence in tools took a hit last year when the UK joined the US and other nations in warning providers of key services about China-backed action against CNI, according to the research.

74% of respondents expressed fear about Chinese state actors, which is comparable to 73% anxiety about Russian state operatives.

These worries are likely to have been heightened recently, with the United States warning in February that Chinese agents have pre-positioned themselves in several CNI networks to unleash damaging strikes in the event of a military conflict.

Budget Constraints

Budgets have declined in tandem with trust in tooling. According to the research, the share of IT (33%) and OT (30%) budgets set aside for cybersecurity has dropped drastically from 44% and 43% the previous year, respectively.

The dramatic reduction is evident across the board, from new recruits to training and risk assessments to technological investments.

Despite these financial challenges, nearly a third (30%) of CNI respondents who were victims of a ransomware attack last year informed Bridewell that they paid the extortionists.

Bridewell cautioned that, in addition to the fees, CNI enterprises could face legal consequences.

Ransom payments could, for example, be sent to persons facing legal repercussions from the United Kingdom, the United States, or the European Union. The UK's Office of Financial Sanctions Implementation has warned that payments may violate the law in other jurisdictions, according to the report.

Interestingly, more than a quarter (27%) of respondents reported that ransomware intrusions had a psychological impact on employees.

The Way Forward

Bridewell CEO Anthony Young expressed sympathy for those firms that do wind up paying.

If the firm is unable to recover, paying the ransom may be the only viable alternative for resuming operations short of reinstalling its systems from the start, he argued.

However, this tough decision can be avoided by implementing a security plan that reduces the possibility of threat actors obtaining access and moving through your systems without being detected and effectively removed.

Are Emergency Services Vulnerable to Cyber Threats?




In recent warnings issued by the Department of Homeland Security (DHS), a concerning trend has emerged: emergency services are increasingly vulnerable to cyber-attacks, particularly ransomware incidents. These attacks pose significant risks not only to operational efficiency but also to public safety and the security of personal information.

Ransomware attacks, for those unfamiliar, involve hackers infiltrating computer systems and encrypting data, demanding payment for its release. Emergency services, including police departments and 911 call centres, have become prime targets for these attacks, leading to severe disruptions in critical operations. Picture a scenario where accessing emergency services during a crisis becomes impossible due to system outages—it's a frightening reality that stresses upon the urgency of addressing cybersecurity vulnerabilities.

The repercussions extend beyond mere operational disruptions. Cybercriminals gain access to highly sensitive personal information and police records, which can be exploited for various illicit activities, including identity theft and extortion. Such breaches not only compromise individuals' privacy but also undermine law enforcement's ability to effectively respond to emergencies, posing a significant threat to public safety.

One of the primary challenges in combating these cyber threats lies in the lack of resources and expertise at the local level. Many state and local governments, responsible for managing emergency service networks, struggle to keep pace with the rapidly expanding aspects of cybersecurity. Outdated technology systems and a shortage of cybersecurity personnel exacerbate the problem, leaving critical infrastructure vulnerable to exploitation by malicious actors.

Recent incidents in Bucks County, Pennsylvania, and Fulton County, Georgia, serve as stark reminders of the vulnerabilities within emergency services. In Bucks County, dispatchers were compelled to resort to manual processes after a cyberattack paralysed the 911 system, while Fulton County endured widespread disruption to government services following a cyber intrusion.

To address these challenges effectively, collaboration and preparedness are the key. Communities must prioritise cybersecurity measures, investing in modern technology systems, and providing comprehensive training for personnel to identify and respond to cyber threats promptly.

As society continues to rely increasingly on digital foundation, safeguarding critical services, particularly emergency response systems, becomes imperative. By remaining vigilant and proactive, we can fortify our communities against cyber threats, ensuring that emergency assistance remains readily accessible, even in the face of malicious cyber activity.


The Rise of Bots: Imperva's Report Reveals Rising Trends in Internet Traffic

 

In the intricate tapestry of the digital realm, where human interactions intertwine with automated processes, the rise of bots has become an undeniable phenomenon reshaping the landscape of internet traffic. Recent findings from cybersecurity leader Imperva unveil the multifaceted nature of this phenomenon, shedding light on the complex interplay between legitimate and malicious bot activities.
 
At the heart of Imperva's report lies a staggering statistic: 49.6% of global internet traffic originates from bots, marking the highest recorded level since the company commenced its analysis in 2013. This exponential surge in bot-driven activity underscores the growing reliance on automated systems to execute tasks traditionally performed by humans. From web scraping to automated interactions, bots play a pivotal role in shaping the digital ecosystem. 

However, not all bots operate with benign intentions. Imperva's study reveals a troubling trend: the proliferation of "bad bots." These nefarious entities, comprising 32% of all internet traffic in 2023, pose significant cybersecurity threats. Nanhi Singh, leading application security at Imperva, emphasizes the pervasive nature of these malicious actors, labeling them as one of the most pressing challenges facing industries worldwide. 

Bad bots, armed with sophisticated tactics, infiltrate networks with the aim of extracting sensitive information, perpetrating fraud, and spreading misinformation. From account takeovers to data breaches, the repercussions of bot-driven attacks are far-reaching and detrimental. Alarmingly, the report highlights a 10% increase in account takeovers in 2023, underscoring the urgency for proactive security measures. 

Geographical analysis further elucidates the global landscape of bot activity. Countries such as Ireland, Germany, and Mexico witness disproportionate levels of malicious bot traffic, posing significant challenges for cybersecurity professionals. Against this backdrop, organizations must adopt a proactive stance, implementing robust bot management strategies to safeguard against evolving threats. While the rise of bots presents formidable challenges, it also heralds opportunities for innovation and efficiency. 

Legitimate bots, such as AI-powered assistants like ChatGPT, enhance productivity and streamline processes. By leveraging generative AI, businesses can harness the power of automation to drive growth and innovation. Imperva's report serves as a clarion call for stakeholders across industries to recognize the complexities of internet traffic and adapt accordingly. 

As bot-driven activities continue to proliferate, a holistic approach to cybersecurity is imperative. From advanced threat detection to stringent access controls, organizations must fortify their defenses to mitigate risks and safeguard against evolving threats. 

Imperva's comprehensive analysis sheds light on the multifaceted nature of internet traffic dominated by bots. By understanding the nuances of bot behavior and implementing proactive security measures, businesses can navigate the digital landscape with confidence, ensuring resilience in the face of emerging cyber threats.

U.S. Dams Vulnerable to Cyber Threats

 



The cybersecurity of America's dams has come under intense scrutiny, with experts warning of the potential for devastating cyberattacks. Concerns were raised during a recent hearing on cybersecurity threats to critical water infrastructure, where Senator Ron Wyden expressed fears of cyberattacks causing catastrophic floods and chaos in communities.

Current Vulnerabilities

Despite the growing cyber threat, most dams under Federal Energy Regulatory Commission (FERC) oversight have not undergone comprehensive cyber audits. With only four full-time employees overseeing 2,500 dams nationwide, experts agree that the sector is vulnerable to cyberattacks that could result in loss of human lives.

Ageing Infrastructure and Lack of Regulation

The majority of U.S. dams are privately operated, with FERC's cybersecurity requirements for commercial dam operators last updated in 2016. Only 5% of the 91,827 dams in the United States fall under federal regulation, and many of them are ageing, with approximately 2,200 classified as "high-hazard" and in poor condition.

Industry Challenges

The water industry, including dam operators, is considered one of the least secure sectors in terms of cybersecurity. Corporate cultures centred around traditional engineering and operational technology pose challenges in adapting to the fast-paced IT and cyber world. 

Government Response

FERC has cited a lack of funding and staff as reasons for not being able to audit remaining dams within the next decade. Additionally, the commission's cybersecurity rules only apply to dams that are remotely managed over the internet, leaving on-site operators unregulated.

Senator Wyden urged Congress to address the lack of comprehensive cybersecurity regulations across critical infrastructure sectors and accelerate the development of cybersecurity standards for dams. Without forceful government mandates, experts warn of the potential for a catastrophic cyberattack that could result in loss of life and severe operational disruptions.

FERC is in the process of developing new cybersecurity guidance for the dam sector, expected to be completed within the next nine months. However, national security experts stress the urgent need for federal support to enhance the cybersecurity posture of dam operators and mitigate the risks posed by cyber threats.

With outdated infrastructure, lack of regulation, and growing cyber threats, urgent action is needed to safeguard critical water infrastructure and prevent potential disasters.


Websites Engage in Deceptive Practices to Conceal the Scope of Data Collection and Sharing

 

Websites frequently conceal the extent to which they share our personal data, employing tactics to obscure their practices and prevent consumers from making fully informed decisions about their privacy. This lack of transparency has prompted governmental responses, such as the European Union's GDPR and California's CCPA, which require websites to seek permission before tracking user activity.

Despite these regulations, many users remain unaware of how their data is shared and manipulated. A recent study delves into the strategies employed by websites to hide the extent of data sharing and the reasons behind such obfuscation.

The research, focusing on online privacy regulations in Canada, reveals that websites often employ deception to mislead users and increase the difficulty of monitoring their activities. Notably, websites dealing with sensitive information, like medical or banking sites, tend to be more transparent about data sharing due to market constraints and heightened privacy sensitivity.

During the COVID-19 pandemic, as online activity surged, instances of privacy abuses also increased. The study shows that popular websites are more likely to obscure their data-sharing practices, potentially to maximize profits by exploiting uninformed consumers.

Third-party data collection by websites is pervasive, with numerous tracking mechanisms used for advertising and other purposes. This extensive surveillance raises concerns about privacy infringement and the commodification of personal data. Dark patterns and lack of transparency further exacerbate the issue, making it difficult for users to understand and control how their information is shared.

Efforts to protect consumer privacy, such as GDPR and CCPA, have limitations, as websites continue to manipulate and profit from user data despite opt-in and opt-out regulations. Consumer responses, including the use of VPNs and behavioral obfuscation, offer some protection, but the underlying information asymmetry remains a significant challenge.

Unveiling the Threat: Microsoft's Executive Speaks Out on State-Backed Hacking

 


The executive vice president of security at Microsoft, Charlie Bell, recently proposed that the company is the neighbourhood of foreign state-sponsored hackers in an interview with Bloomberg. It has certainly been true over the years that they are particularly good at collecting data over time, gathering momentum over time, and being able to leverage that momentum into more successes over time,' Bell speaks at length about their abilities. 

Microsoft announced the Secure Future Initiative last November, following a series of cybersecurity breaches, associated with foreign governments, which resulted in Microsoft launching the initiative to protect its users' data. A notable example of these breaches was the intrusion of Chinese hackers who gained access to customer email addresses in May by breaking into systems through a malware program. 

Approximately 30 million customer's data were compromised as a result of hacking by a Russian-allied group known as Anonymous Sudan in the summer of 2023. Even though Microsoft has implemented several security initiatives over the past few years, there are still breaches that occur. 

There have been several incidents involving hackers that have hacked into the email accounts of Microsoft employees, including those of executives, and exposed vulnerabilities even further. The hackers have been named Midnight Blizzard, a group supported by Russia. 

It was subsequently determined that Microsoft's security systems were compromised due to a series of failures found within the software as a result of the breach, according to a report from the US Cyber Safety Review Board (CSRB). 

There is no doubt that Microsoft's security culture is insufficient to safeguard its customers' information and business operations, according to the CSRB report, which calls for a significant overhaul of the corporate culture, given the company's pivotal role in the technology ecosystem and the massive trust that customers place in it. 

The company has taken steps to strengthen its security framework as well as removing over 700,000 obsolete applications from its database, as well as 1.7 million outdated accounts. The company has stepped up efforts to implement multi-factor authentication across more than one million accounts as well as enhance its security protections to prevent the theft of employee identities by hackers by increasing its efforts to achieve multi-factor authentication in more than one million accounts. 

As a result, critics of Microsoft's security infrastructure argue that these actions are not sufficient to correct Microsoft's fundamental security flaws and do not go far enough in addressing them. It has been more than a month since Microsoft has responded to criticisms. A report released by Microsoft recently shows that Chinese state-sponsored hackers are using artificial intelligence (AI) to spread misinformation in advance of the upcoming presidential election, adding another layer of concern to the cybersecurity landscape. 

It will make it imperative to keep developing robust defensive strategies to counter the ever-evolving tactics of cyber adversaries and protect democratic processes as well as national security in times when they are vulnerable to cyber-attacks.

Combatting Counterfeit Drugs Online: BrandShield's Success in Dismantling Illicit Websites

 

In the rapidly evolving landscape of online pharmaceuticals, the proliferation of counterfeit drugs poses a significant threat to consumer safety. Cybersecurity firm BrandShield has emerged as a stalwart defender in this battle, successfully dismantling over 250 websites selling counterfeit weight-loss and diabetes medications. Led by CEO Yoav Keren, BrandShield's efforts represent a concerted endeavor to combat the scourge of counterfeit pharmaceuticals and protect consumers from the dangers of fraudulent medications. 

The counterfeit drugs targeted by BrandShield predominantly belong to the GLP-1 class, including popular medications like Novo Nordisk's Ozempic and Wegovy, as well as Eli Lilly's Mounjaro and Zepbound. Originally developed to manage type 2 diabetes, these medications have garnered attention for their additional benefits in weight loss, with patients experiencing significant reductions in body weight. Unfortunately, the efficacy and popularity of these drugs have also made them lucrative targets for counterfeiters seeking to exploit the growing demand. 

According to Reuters, the majority of the illicit websites shut down by BrandShield were purveyors of counterfeit GLP-1 drugs, indicating the scale of the problem. Alarmingly, studies suggest that an estimated 95% of all online pharmacies operate unlawfully, highlighting the pervasive nature of the issue. 

Moreover, reported cases of harm linked to fake GLP-1 drugs have emerged in at least nine countries, underscoring the urgent need for action. BrandShield's recent crackdown on counterfeit drug websites represents a significant victory in the ongoing battle against online pharmaceutical fraud. The company's efforts have resulted in the closure of 90% of the identified pharmacy websites selling counterfeit GLP-1 medications. This operation accounts for just over 15% of the total counterfeit drug websites reported by BrandShield last year, emphasizing the scale of the challenge. 

Collaborating closely with the Pharmaceutical Security Institute (PSI), BrandShield employs rigorous evidence collection and intelligence gathering to identify and target illicit websites. By providing actionable intelligence to service providers hosting these websites, BrandShield facilitates their removal from the internet, effectively disrupting the operations of counterfeiters. Furthermore, the company coordinates with law enforcement agencies to investigate and prosecute criminal networks involved in the production and distribution of counterfeit drugs. 

In addition to targeting counterfeit drug websites, BrandShield's efforts extend to social media platforms, where it has removed nearly 4,000 fake drug listings. Notably, a significant portion of these listings—almost 60%—was found on Facebook, highlighting the need for vigilance across all online platforms. BrandShield's global reach ensures that illegal drug listings are eradicated from marketplaces in countries around the world, including India, Indonesia, China, and Brazil. 

Contrary to concerns raised earlier, the EMA found no evidence linking these medications to an increased risk of suicidal thoughts or self-injury. This reaffirmation of safety aligns with previous findings by the US Food and Drug Administration (FDA), providing reassurance to patients and healthcare providers alike. 

Overall, BrandShield's relentless efforts to combat counterfeit drugs online serve as a beacon of hope in the fight against pharmaceutical fraud. By dismantling illicit websites, removing fake drug listings, and collaborating with industry partners and law enforcement agencies, BrandShield is making significant strides towards safeguarding consumers and upholding the integrity of the pharmaceutical industry.

Are VPNs Undertaking To Oversee All Digital Security?

 




In the past decade, the services of Virtual Private Networks (VPNs) have drastically transformed. Once solely focused on providing secure internet connections, VPN companies are now expanding their offerings into comprehensive privacy and security suites. This shift reflects a growing trend towards convenience and a desire for centralised solutions in the realm of digital privacy.

All-in-One Security Suites

Traditionally, users selected separate software for various privacy needs, such as antivirus, email encryption, and cloud storage. However, VPN providers like ProtonVPN, NordVPN, and PureVPN are now consolidating these services into all-encompassing suites. For instance, Proton's suite includes Proton Drive, Calendar, Pass, and SimpleLogin, with recent acquisitions like Standard Notes further broadening its set of attributes.

The Appeal of Comprehensive Solutions

The allure of all-in-one suites lies in their simplicity and integration. For users seeking convenience, having a unified ecosystem of software provides a seamless experience across devices. Moreover, opting for a suite from a trusted VPN provider ensures a semblance of stability in data protection, reducing the need to entrust personal information to multiple companies.

Suite or Standalone?

While broad-gauged suites offer convenience, there are trade-offs to consider. For instance, bundled antivirus software may not match the quality of standalone solutions from established brands like Norton or Kaspersky. However, for casual users primarily interested in accessing geo-restricted content, the added privacy benefits of a suite may outweigh any performance drawbacks.

Do People Want Security Suites?

The increasing prevalence of all-in-one security suites suggests a demand among consumers for integrated privacy solutions. VPN providers, driven by market demand and profitability, continue to build up their course of offerings to cater to diverse user needs. The success of multi-billion dollar enterprises like NordVPN pinpoints the viability of this business model.


As VPN companies diversify and find their centre in becoming a go-to destination for online security, consumers are urged to trace their steps with caution and conduct thorough research before subscribing to a security suite. While the convenience of a cohesive ecosystem is undeniable, it's essential to prioritise individual needs and preferences. By making informed decisions, users can maximise the benefits of all-in-one security suites while minimising potential drawbacks.

Conclusion 

The transformation of VPNs into all-in-one security suites reflects a broader trend towards integrated privacy solutions. While these suites offer utility and unified protection, users should carefully evaluate their options to reach a choice that agrees with their privacy priorities. Then, if you decide to shake hands with a cohesive suite, you might just have all your security concerns moored to the other side, which pronounces a safe and sound experience. As technology continues to take breadth, staying educated and proactive remains the crucial step in establishing a secure digital presence. 


Ban the Scan - Is Facial Recognition a Risk to Civil Liberties?

 

There are numerous voices around the world opposing the use of facial recognition technology. Many people believe facial recognition poses a severe threat to individual privacy, free speech, racial inequality, and data security. People who oppose it have solid grounds for doing so, and they have strong reservations of employing this technology in any form, citing its extremely high false positive rate and its implications for civil and personal liberties, specifically individual privacy.

Critics argue that facial recognition is biassed towards people of color, women, and children. Surveillance cameras are more common in places where immigrants live, which adds fuel to the flames. The explanation is the greater crime rate in those areas. Facial technology has not matured sufficiently, and its usage under such an environment worsens an already complex situation. The flaws in the justice system will expand as a result of the technology's inefficiency, contributing to harsher sentences and higher bails for those affected. 

Forced deployment

Despite its flaws, facial recognition technologies are used by police and other law enforcement agencies across the world. Surveillance is the key industry in which it is most widely applied. It is also commonly used in airports for passenger screening, as well as for housing and employment decisions. In 2020, San Francisco, Boston, and a few other localities restricted the use of facial recognition. 

According to an article on the Harvard blog by Alex Najibi, “police use face recognition to compare suspects’ photos to mugshots and driver’s license images; it is estimated that almost half of American adults – over 117 million people, as of 2016 – have photos within a facial recognition network used by law enforcement. This participation occurs without consent, or even awareness, and is bolstered by a lack of legislative oversight.” 

Private companies are also attempting to capitalise on biometric scanning in various ways and collecting user data for a variety of purposes. It is not new to blame Google and Meta for collecting excessive amounts of user data. The most recent clamour came when the World Coin initiative, founded by OpenAI CEO Sam Altman, suggested iris scanning as a requirement for coin ownership. These private-sector initiatives are troubling. 

Compared to other biometric systems such as fingerprints, iris scanning, and voice recognition, facial recognition has the highest error rate and is the most likely to cause privacy problems and bias against marginalised people and children.

The Electronic Frontier Foundation (EFF) and the Surveillance Technology Oversight Project (S.T.O.P.) oppose the use of facial recognition in any form. S.T.O.P. is based in New York, and its work focuses on civil rights. It also conducts study and activism on issues of surveillance technology abuse. 

Regarding the ban on the scan movement, S.T.O.P. says, "when we say scan, we mean the face scan feature of facial recognition technology. Surveillance, particularly facial recognition. It is a threat to free speech, freedom of association, and other civil liberties. Ban the Scan is a campaign and coalition built around passing two packages of bills that would ban facial recognition in a variety of contexts in New York City and New York State.”

IMF Warns of Potential Bank Runs Triggered by Cyber Attacks

 

The International Monetary Fund (IMF) has raised concerns about the increasing frequency and severity of cyber attacks, warning that they could potentially lead to bank runs. According to the IMF, these cyber threats pose significant risks to financial stability and could even push companies into insolvency. This warning comes in the wake of research showing that the number of malicious cyber attacks has doubled since the onset of the pandemic.

In its latest Financial Stability Report, the IMF emphasized the potential impact of cyber incidents on eroding confidence in the financial system, disrupting critical services, and causing spillovers to other institutions. The report highlighted the possibility of market sell-offs or runs on banks in extreme cases, emphasizing the need for robust cybersecurity measures.

Recent cyber attacks have targeted the UK's financial system, with the Bank of England conducting its own cyber stress test as a response to these threats. The UK Government has attributed some of these attacks to Chinese hackers, further underscoring the seriousness of the issue.

A survey conducted by the Bank of England revealed that 80% of firms view cyber attacks as the second biggest threat to the UK financial system, following closely behind geopolitical risks. The IMF noted a significant increase in the risk of financial losses due to cyber incidents, with potential funding problems for companies and heightened solvency risks.

While not attributing attacks to specific countries, the IMF observed a surge in cyber attacks following geopolitical events, such as Russia's invasion of Ukraine in February 2022. Financial firms have become prime targets for cyber criminals, with attacks on commercial banks comprising nearly a fifth of all attempted hacks.

Major financial institutions, such as JPMorgan, have invested heavily in cybersecurity measures, with billions of dollars allocated to technology and tens of thousands of personnel dedicated to strengthening defenses. Despite these efforts, the IMF highlighted the persistent threat of cyber attacks, citing instances of modest deposit outflows at smaller US banks following cyber incidents.

Over the past two decades, the financial system has experienced over 20,000 successful cyber attacks, resulting in significant losses. The IMF stressed the potential impact of cyber incidents on critical services like payment networks, which could severely disrupt economic activity.

To address these challenges, the IMF called for greater international cooperation and the adoption of national cybersecurity strategies. Collaborative efforts are needed to mitigate the risks posed by cyber threats and safeguard financial stability on a global scale.