October 2021

OpenSea Patches A Vulnerability That Could Have Enabled Hackers Drain Wallets Of Cryptocurrency

OpenSea has just patched a critical vulnerability that could have been abused by malicious actors to drain cryptocurrency funds from a victim by sending a specially-crafted token in the form of a malicious NFT. When this malicious NFT is clicked, it results in a scenario whereby rogue transactions can be facilitated through a third-party wallet […]

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Attempted 2.4 Tbps DDoS Attack on Microsoft Azure Fended Off

Microsofts Azure cloud platform suffered a 2.4 Tbps distributed denial-of-service (DD0S) attack in the last week of August however this was mitigated. The attack targeted an unnamed customer in Europe surpassing a 2.3 Tbps attack stopped by Amazon Web Services in February 2020. Amir Dahan, senior program manager of Azure Network has said in a

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Ukrainian Hacker With Over 100,000 Botnets Arrested

Ukrainian law enforcement authorities have arrested a hacker who created and managed a “powerful botnet” consisting of nothing less than 100,000 enslaved devices that was used to carry out distributed denial-of-service (DDoS) and spam attacks on behalf of paid customers. The suspect’s residence was raided and computer equipment as evidence of illegal activity was seized.

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Healthcare Fast Becoming The New Target Of Ransomware Group FIN12

The RYUK ransomware which has been in prevalence since October 2018 has been linked to an aggressive and financially motivated threat actor who has been known to have a close partnership with TrickBot-affiliated threat actors and making use of publicly available arsenal of tools such as Cobalt Strike Beacon payloads to interact with victim networks.

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Code Injection Flaw Discovered In Yamale Python Package

Yamale the Python package that allows developers to validate YAML – a data serialization language often used for writing configuration files has been discovered to be having a high severity code injection vulnerability that could be trivially exploited by adversaries to execute arbitrary Python code. The flaw tracked as CVE-2021-38305 (CVSS score: 7.8) involves manipulating

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Police Takes Down Multimillion-Dollar Real Estate Fraud Group

The Europol once again have dismantled an international organized group (OGC) making millions off real estate fraud. Operations against the gang began back in 2017 however during a 10 so-called “action days” between September 2020 and September 2021 the OGC was taken down. A total of 130 suspects were identified and 116 searches conducted with

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Smishing Takes Central Stage In the Top 5 List of Common Fraud Scams

Recent financial crime reports have stated that phishing scams conducted via texts otherwise know as smishing is now on the rise. This is ranked amongst purchase scams, where payments are made for products that never arrive, social engineering, impersonation and account take over (ATO). Smishing found its way into the Feedzai’s financial crime report top

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Hackers Attack The Live Streaming Platform Twitch

Twitch has acknowledged a “breach” after an anonymous poster on the 4chan messaging board leaked its source code, an unreleased Steam competitor from Amazon Game Studios, details of creator payouts, proprietary software development kits, and other internal tools. The leak is said to have happened as a result of an error in a Twitch server

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