Financially Motivated Threat Actor Targets PrivatBank Customers with Sophisticated Phishing Scheme A recent investigation by cybersecurity researchers at CloudSEK has uncovered a sophisticated phishing campaign orchestrated by the financially motivated group UAC-0006, aimed specifically at clients of PrivatBank, the largest state-owned bank in Ukraine. This alarming activity highlights the persistent…
Recent developments in the cybersecurity landscape highlight a concerning trend: Chinese hacking groups and threat actors are increasingly targeting Western entities through a range of cyberattacks. These intrusions, often driven by political or economic motives, frequently exhibit signs of backing from governmental or military entities in China. However, a new…
This report covers topics such as Data Breach Notification, Data Security, and Fraud Management & Cybercrime. LockBit and BlackCat/ALPHV Decline Linked with Diminishing Big-Game Hunting Mathew J. Schwartz (euroinfosec) • February 6, 2025 While ransomware remains a lucrative avenue for operators, 2024 has seen a significant downturn in the financial…
In a significant development in the landscape of ransomware incidents, the second half of 2024 marked the largest decline in ransomware payments recorded by Chainalysis. This decline comes after a period of notable fluctuations in both the frequency of ransomware attacks and the volumes of ransom payments demanded. Notably, 2022…
Network Firewalls, Network Access Control, Security Operations Guidance Aimed at Enhancing Rapid Compromise Detection for Enterprises Akshaya Asokan (asokan_akshaya) • February 5, 2025 Image: Shutterstock In a significant move to bolster cybersecurity, the Five Eyes intelligence coalition has released a set of minimum security requirements aimed at edge device vendors.…
A recent study conducted by NetDocuments has revealed alarming statistics regarding data breaches in the UK’s legal sector, with a staggering approximately 8 million personal records compromised. This report highlights a growing vulnerability in an industry that handles sensitive client information on a daily basis. Data from the Information Commissioner’s…
Crisis Deepens as Funding Cuts Hamper Efforts Against Human Trafficking in Scam Centers Recent reports highlight a dire situation faced by survivors of human trafficking linked to scam operations, as funding reductions severely hinder support organizations. According to Macher, an advocate working with various networks, survivors attempting to escape these…
Data Governance, Data Privacy, Data Security Lawsuit Alleges Retaliation Against Whistleblower in Rhode Island Health Information Exchange Case Marianne Kolbasuk McGee (HealthInfoSec) • February 5, 2025 A federal lawsuit filed against Rhode Island Quality Institute claims the Health Information Exchange (HIE) unlawfully shared patient data with researchers. RIQI denies these…
Widespread Banking Fraud Targets Indian Consumers Through Malicious Apps A recent wave of fraudulent banking applications has emerged in India, successfully imitating reputable financial institutions to siphon off sensitive user credentials and defraud unsuspecting victims. This orchestrated campaign, which has been described as particularly extensive, showcases nearly 900 distinct malware…
