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IT Security Newsletter - 5/1/2020

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Top News

Newly-discovered Android malware steals banking passwords and 2FA codes

Security researchers at Cybereason are warning of a new mobile banking trojan that steals details from financial apps and intercepts SMS messages to bypass two-factor authentication mechanisms. According to experts who have examined the code of the malware, known as EventBot, it differs substantially from previously known Android malware - suggesting that it might be written by a new group of cybercriminals. READ MORE...

Breaches

Hackers say they stole millions of credit cards from Banco BCR

Hackers claim to have gained access to the network of Banco BCR, the state-owned Bank of Costa Rica, and stolen 11 million credit card credentials along with other data. This attack was allegedly conducted by the operators of the Maze Ransomware, who have been behind numerous cyberattacks against high-profile victims such as IT services giant Cognizant, cyber insurer Chubb, and drug testing facility Hammersmith Medicines Research LTD. READ MORE...

Hacking

Cybercriminals are using Google reCAPTCHA to hide their phishing attacks

I doubt any of us would claim to be fans of CAPTCHA - the puzzles that a website asks you to complete to prove if you're a human being or not. But researchers at Barracuda say that they are seeing cybercriminals deploying Google's reCAPTCHA anti-bot tool in an effort to avoid early detection of their malicious campaigns. Criminals are using reCAPTCHA walls to block the content of their phishing pages from being scanned by URL scanning services. READ MORE...


Microsoft Sway Abused in Office 365 Phishing Attack

A highly targeted phishing campaign, with a Microsoft file platform twist, has successfully siphoned the Office 365 credentials of more than 150 executives since mid-2019. Researchers attribute the campaign's success to two parts: First, it leverages multiple Microsoft file-sharing services to convince victims to hand over their credentials. Second, the initial phishing emails are sent from legitimate but previously compromised email addresses - which cloak the fact that they're attacker-controlled. READ MORE...

Software Updates

Several Vulnerabilities Patched With Release of WordPress 5.4.1

Several vulnerabilities, most of which have been described as cross-site scripting (XSS) flaws, have been patched in WordPress this week with the release of version 5.4.1. WordPress 5.4.1, described as a short-cycle security and maintenance release, fixes 17 bugs and 7 vulnerabilities affecting version 5.4 and earlier. WordPress developers pointed out that all versions newer than 3.7 have been updated as well. READ MORE...

Malware

LockBit, the new ransomware for hire: a sad and cautionary tale

Ransomware has emerged as one of the top threats facing large organizations over the past few years, with researchers reporting a more than a fourfold increase in detections last year. A recent infection by a fairly new strain called LockBit explains why: after it ransacked one company's poorly secured network in a matter of hours, leaders had no viable choice other than to pay the ransom. READ MORE...

On This Date

  • ...in 1893, the World's Columbian Exposition opens in Chicago, with such attractions as the original Ferris Wheel and the first moving walkway.
  • ...in 1930, the dwarf planet Pluto is officially named, based on a suggestion from an English schoolgirl, Venetia Burney.
  • ...in 1931, the Empire State Building is dedicated in New York City. It remains the world's tallest building for nearly 40 years.
  • ...in 1960, an American U-2 spy plane piloted by Gary Francis Powers is shot down while conducting espionage over the Soviet Union.
  • ...in 1999, the cartoon series "SpongeBob SquarePants", created by former marine biologist Stephen Hillenburg, premieres on Nickelodeon.