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3 Percent ($30B) of U.S. Military Funding Dedicated to Cybersecurity

SecureWorld News

Key cybersecurity provisions Securing communications networks Five billion dollars is allocated to help local telecommunications providers replace potentially insecure Chinese technology (e.g., Nation-states harboring ransomware actors are now classified as hostile foreign cyber actors. Huawei and ZTE equipment ).

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Maze ransomware operators claim to have breached LG Electronics

Security Affairs

Maze ransomware operators claims to have breached the South Korean multinational electronics company LG Electronics. Researchers at Cyble discovered a data leak of LG Electronics published by Maze ransomware operators. Just after the WorldNet Telecommunications, the LG electronics fall as a victim of the Maze ransomware operators.”

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Nvidia, the ransomware breach with some plot twists

Malwarebytes

Soon after, the ransomware group LAPSUS$ claimed responsibility and threatened to leak 1 TB in exfiltrated data. So many times that ransomware fatigue is starting to become the new security fatigue. The post Nvidia, the ransomware breach with some plot twists appeared first on Malwarebytes Labs. Stay safe, everyone!

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Massive Surge in DDoS Attacks Reported in First Quarter of 2023

CyberSecurity Insiders

The report stems from a detailed analysis of attacks targeting StormWall’s clientele, which spans various sectors such as finance, e-commerce, telecommunications, entertainment, transportation, education, and logistics. Telecommunications continued to be a popular target, enduring 16% of attacks and a 47% YoY increase.

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Advanced threat predictions for 2023

SecureList

From a different angle, reporting from The Intercept revealed mobile surveillance capabilities available to Iran for the purposes of domestic investigations that leverage direct access to (and cooperation of) local telecommunication companies. The first one, in January, was MoonBounce ; the other was CosmicStrand in July 2022.

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Sunburst: connecting the dots in the DNS requests

SecureList

Other advanced threat groups are also known to adopt similar strategies, for instance with hardware or firmware implants, which “sleep” for weeks or months before connecting to their C2 infrastructure. Was this just espionage or did you observe destructive activities, such as ransomware? Low-level details.

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Advanced threat predictions for 2024

SecureList

The malware posed as ransomware, demanding money from the victims for “decrypting” their data. It determined that the injection point was situated within the connection between two Egyptian telecommunication providers. However, instead of encrypting the data, it purposefully destroyed it in the affected systems.

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