Month: May 2024

The U.S. Department of Justice (DoJ) has charged two arrested Chinese nationals for allegedly orchestrating a pig butchering scam that laundered at least $73 million from victims through shell companies.
The individuals, Daren Li, 41, and Yicheng Zhang, 38, were arrested in Atlanta and Los Angeles on April 12 and May 16, respectively.
The foreign nationals have been “charged for leading a scheme

The threat actors behind the Windows-based Grandoreiro banking trojan have returned in a global campaign since March 2024 following a law enforcement takedown in January.
The large-scale phishing attacks, likely facilitated by other cybercriminals via a malware-as-a-service (MaaS) model, target over 1,500 banks across the world, spanning more than 60 countries in Central and South

[[{“value”:”This week in cybersecurity from the editors at Cybercrime Magazine – Read the Full Story in Certainty News Sausalito, Calif. – May 18, 2024 With cybercrime expected to cost…

Our collection of the most relevant reporting and industry perspectives for those guiding cybersecurity strategies and focused on SecOps. Also included: DR’s podcast on the CISO & the SEC;…

IBM’s abrupt divestiture of QRadar SaaS underscores the consolidation of SIEM, XDR, and AI technologies into unified platforms. Read More  

The improper input validation issue in Intel Neural Compressor enables remote attackers to execute arbitrary code on affected systems. Read More  

Layers of protection can bring defense-in-depth practices to distributed clouds and other modern network architectures. Read More  

Financial firms covered under new regulations will be required to establish a clear response and communications plan for customer data breaches. Read More  

The cryptojacking group known as Kinsing has demonstrated its ability to continuously evolve and adapt, proving to be a persistent threat by swiftly integrating newly disclosed vulnerabilities to exploit arsenal and expand its botnet.
The findings come from cloud security firm Aqua, which described the threat actor as actively orchestrating illicit cryptocurrency mining

Cryptocurrency theft and financial fraud are the new M.O. of the 15-year-old malware operation that has hit organizations around the globe. Read More