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A week in security (Nov 1 – Nov 7)

Malwarebytes

Other cybersecurity news. Source: Sky News) Scammers bank on popularity of crypto wallets to steal cryptocurrency. Source: CSO Online). Mozilla fixes security vulnerabilities in Firefox 94 Credit card skimmer evades Virtual Machines CISA sets two week window for patching serious vulnerabilities Wanted! Stay safe, everyone!

CSO 117
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BrandPost: Better Cyber Hygiene is Critical to Preventing a Damaging Cyberattack

CSO Magazine

In that attack, the nation’s gas supply was temporarily impacted, and Colonial paid more than $4 million in cryptocurrency as a ransom. Experienced security leaders know how devastating cyberattacks can be beyond just headlines and bad PR.

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New cryptojacking campaign exploits OneDrive vulnerability

CSO Magazine

Malicious actors have used a variety of techniques to install cryptojackers on victims' computers and in a new development, cybersecurity software maker Bitdefender has detected a cryptojacking campaign that uses a Microsoft OneDrive vulnerability to gain persistence and run undetected on infected devices.

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Android-based banking Trojan Nexus now available as malware-as-a-service

CSO Magazine

Italian cybersecurity firm Cleafy has found “Nexus”, a new Android Trojan capable of hijacking online accounts and siphoning funds from them, to be targeting customers from 450 banks and cryptocurrency services worldwide.

Banking 104
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IBM unveils end-to-end, quantum-safe tools to secure business, government data

CSO Magazine

Security experts and scientists predict that quantum computers will one day be able to break commonly used encryption methods rendering email, secure banking, cryptocurrencies, and communications systems vulnerable to significant cybersecurity threats.

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3CX Hit with Massive Supply Chain Attack

SecureWorld News

The attack was discovered on March 22nd after cybersecurity firms began flagging the 3CXDesktopApp for malicious behavior. As for who was behind the attack, cybersecurity firm CrowdStrike has attributed the attack to a threat actor known as Labyrinth Chollima, which is a subset of the state-sponsored North Korean hacking group Lazarus.

CSO 96
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New UN cybercrime convention has a long way to go in a tight timeframe

CSO Magazine

From ransomware attacks to rampant cryptocurrency theft, criminal exploitation of borderless digital systems threatens global economic security and the political welfare of all countries. Cybercrime is a growing scourge that transcends borders, spreading across the boundaries of virtually all the world's nearly 200 nation-states.