Category: CySecurity News – Latest Information Security and Hacking Incidents

Microsoft Warns of Storm-0501 Ransomware Attacks on U.S. Cloud Systems

  Microsoft has uncovered a multi-stage cyberattack by the financially motivated group Storm-0501, targeting sectors in the U.S., including government, manufacturing, transportation, and law enforcement.  The attackers compromised hybrid cloud environments, stealing credentials, tampering with data, and deploying ransomware. Storm-0501,…

UK and US Warn of Rising Iranian Spear Phishing Threat

  The UK’s National Cyber Security Centre (NCSC) collaborated with government agencies across the Atlantic to issue a new alert regarding Iranian cyber-threats last week.  The security advice, issued in collaboration with the FBI, US Cyber Command – Cyber National…

DCRat Malware Propagates via HTML Smuggling

  Russian-speaking customers have been targeted in a new campaign aimed at distributing a commodity trojan known as DCRat (aka DarkCrystal RAT) using HTML smuggling.  This is the first time the malware has been propagated via this technique, which differs…

Ransomware Gangs Targeting CEOs with Stolen Data

Ransomware gangs are now employing a terrifying tactic—using stolen data to coerce and threaten CEOs.  Understanding Ransomware Attacks Ransomware is a type of malicious software that encrypts the victim’s data, rendering it inaccessible until a ransom is paid. Over the…

Embargo Ransomware Shifts Focus to Cloud Platforms

  In a recent security advisory, Microsoft advised that the ransomware threat actor Storm-0501 has recently switched tactics, targeting hybrid cloud environments now to compromise the entire system of victimization. It is becoming increasingly apparent that cybercriminals are finding out…

Why SMBs Have Become Easy Prey for Cyber Criminals

  The global phenomenon of cybercrime is emerging. And the soft targets in this regard are the small and medium-sized business enterprises. Day after day, while a few cyberattacks on big corporations capture the headlines in the news, many SMBs…

Growing Focus on Data Privacy Among GenAI Professionals in 2024

  Recent reports published by Deloitte and Deloitte Consulting, highlighting the significance of data privacy as it pertains to Generative Artificial Intelligence (GenAI), have been widely cited. As the survey found, there has been a significant increase in professionals’ concerns…

Homeland Security Alerts on Increasing Risks for Schools

  Educators and other school professionals are playing an increasingly crucial role in providing a safe environment in which students can learn in an era where children are being targeted by increasing physical and online attacks, according to US Homeland…