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IT Security Newsletter - 9/6/24

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Hacking

U.S. charges five Russian military members for destructive cyber ops, hack-and-leak campaigns

A notorious Russian military intelligence unit known for poisonings and other physical aspects of hybrid warfare has in recent years expanded to include cyber-enabled espionage, sabotage and disruptive actions, law enforcement and cyber officials in the U.S and U.K. said Thursday. The revelation came as the U.S. Department of Justice announced charges against six hackers working with Unit 29155 of the Russian Main Intelligence Directorate (GRU). READ MORE...

Malware

83% of organizations experienced at least one ransomware attack in the last year

Ransomware is an all-too-common occurrence: 83% of organizations have experienced at least one ransomware attack in the last year, 46% of respondents experienced four or more and 14% indicated they experienced 10 or more. Of those respondents who experienced at least one ransomware attack in the last year, 61% said it resulted in downtime of at least 24 hours, according to Onapsis. READ MORE...


Cicada Ransomware - What You Need To Know

Cicada (also known as Cicada3301) is sophisticated ransomware written in Rust that has claimed more than 20 victims since its discovery in June 2024. The criminals behind Cicada appear to have named it after the mysterious Cicada 3301 puzzles posted on the internet between 2012 and 2014, seemingly to recruit highly intelligent individuals. Of course, there is no reason to believe that the ransomware is in any fashion related to the enigmatic puzzles that appeared a decade before it - other than through the name. READ MORE...

Information Security

The true cost of cybercrime for your business

As cybercriminals continue to refine their methods, blending traditional strategies with new technologies, the financial toll on individuals and organizations has reached alarming levels. Businesses are also grappling with mounting cybercrime costs from ransomware and DDoS attacks, which can inflict hundreds of thousands of dollars in damage within minutes. READ MORE...

Exploits/Vulnerabilities

LiteSpeed Cache bug exposes 6 million WordPress sites to takeover attacks

Yet, another critical severity vulnerability has been discovered in LiteSpeed Cache, a caching plugin for speeding up user browsing in over 6 million WordPress sites. The flaw, tracked as CVE-2024-44000 and categorized as an unauthenticated account takeover issue, was discovered by Patchstack's Rafie Muhammad on August 22, 2024. A fix was made available yesterday with the release of LiteSpeed Cache version 6.5.0.1. READ MORE...

On This Date

  • ...in 1901. anarchist Leon Czolgosz shoots and fatally wounds US President William McKinley at the Pan-American Exposition in Buffalo, NY.
  • ...in 1916, the first Piggly Wiggly store opens in Memphis, TN. It was the first self-service grocery chain.
  • ...in 1972, English actor Idris Elba ("The Wire", "Pacific Rim") is born in London, England.
  • ...in 1991, Russia's second largest city changes its name back to Saint Petersburg, after 67 years as Leningrad.