Remove tag corporate-espionage
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Cost of state cyber attacks not to be covered under insurance says Lloyd

CyberSecurity Insiders

Bank of America has expressed its concerns over Lloyd’s recent policy decision to exclude cyber insurance coverage for large corporations hit by cyber attacks funded by adversary states. As of now, it offers a standard policy under which a company needs to follow all security procedures to be covered under the attack.

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Security Affairs newsletter Round 455 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

Admin of the BreachForums hacking forum sentenced to 20 years supervised release Russia-linked Midnight Blizzard APT hacked Microsoft corporate emails VF Corp December data breach impacts 35 million customers China-linked APT UNC3886 exploits VMware zero-day since 2021 Ransomware attacks break records in 2023: the number of victims rose by 128% U.S.

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Smooth Cybercriminals: Google Warns of Iran-Backed APT Hackers

SecureWorld News

Microsoft, for instance, just released the 2021 Digital Defense Report pointing a finger at Russia as making up 58% of all nation-state cyberattack incidents observed by the corporation. One notorious hacking group from Iran uses particularly dirty schemes to fleece users, according to Google's Threat Analysis Group (TAG).

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How we protect our users against the Sunburst backdoor

SecureList

This resulted in the deployment of a custom Sunburst backdoor on the networks of more than 18,000 SolarWinds customers, with many large corporations and government entities among the victims. Was this just espionage or did you observe destructive activities, such as ransomware? That’s a good question!

Malware 57
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McAfee Provides Max Cyber Defense Capabilities in MITRE’s Carbanak+FIN7 ATT&CK® Evaluation

McAfee

While prior emulated groups were more focused on espionage, the ATT&CK Evaluations team chose to emulate Carbanak and FIN7 due to the wide range of industries these groups target for financial gain. This was possible due to McAfee’s strong correlation and having all telemetry tagged and labeled as close to the source as possible. .

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Analyzing the APT34’s Jason project

Security Affairs

APT 34, also referred to as “ OilRig ” or Helix Kitten , has been known to target regional corporations and industries. APT34 conducts cyber espionage on behalf of Iran. The attacker used an old version of Microsoft.Exchange.WebService.dll tagged as 15.0.0.0 which according to Microsoft documentation dates back to 2012.

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APT trends report Q1 2021

SecureList

This resulted in the deployment of a custom backdoor, named Sunburst, on the networks of more than 18,000 SolarWinds customers, including many large corporations and government bodies, in North America, Europe, the Middle East and Asia.

Malware 139