Remove Backups Remove Cryptocurrency Remove Risk Remove Social Engineering
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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

Octo Tempest is believed to be a group of native English speaking cybercriminals that uses social engineering campaigns to compromise organizations all over the world. This can be done in a number of ways, but the most common ones involve social engineering attacks on the victim's carrier. Don’t get attacked twice.

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The BlueNoroff cryptocurrency hunt is still on

SecureList

Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. Note, this is no proof that the companies listed were compromised.

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Medical research data Advarra stolen after SIM swap

Malwarebytes

In 2022, Octo Tempest began selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals in order to steal their cryptocurrency. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. It can even hurt companies with enterprise grade security.

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CISA issues alert with South Korean government about DPRK's ransomware antics

Malwarebytes

The agencies have reason to believe cryptocurrency ransom payments from such operations support DPRK's "national-level priorities and objectives". Thankfully, there are ways organizations can help reduce their risk of suffering from a ransomware attack. Backup your files. Have an incident response (IR) plan. Educate your staff.

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Ryuk ransomware laundering leads to guilty plea

Malwarebytes

The Ryuk ransoms, paid in cryptocurrency such as Bitcoin, were split into smaller portions and then forwarded on to multiple cryptocurrency wallets and then placed into exchange accounts for other forms of currency. This should include restoring from backups, client outreach, and reporting to law enforcement among others.

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Ransomware Prevention, Detection, and Simulation

NetSpi Executives

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Protect your backup systems.

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Cybersecurity Outlook 2022: Third-party, Ransomware and AI Attacks Will Get Worse

eSecurity Planet

Third-party Risks Take Center Stage. Third-party risks are at the forefront of security concerns, with identity risk management provider SecZetta predicting that “supply chain paranoia” will take over the cybersecurity world this year. Also read: Best Third-Party Risk Management (TPRM) Tools for 2022. .”