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The U.S. Department of Justice (DoJ) has charged two arrested Chinese nationals for allegedly orchestrating a pig butchering scam that laundered at least $73 million from victims through shell companies. The individuals, Daren Li, 41, and Yicheng Zhang, 38, were arrested in Atlanta and Los Angeles on April 12 and May 16, respectively. The foreign nationals have been "charged for leading a scheme
The threat actors behind the Windows-based Grandoreiro banking trojan have returned in a global campaign since March 2024 following a law enforcement takedown in January. The large-scale phishing attacks, likely facilitated by other cybercriminals via a malware-as-a-service (MaaS) model, target over 1,500 banks across the world, spanning more than 60 countries in Central and South
The cryptojacking group known as Kinsing has demonstrated an ability to continuously evolve and adapt, proving to be a persistent threat by swiftly integrating newly disclosed vulnerabilities to the exploit arsenal and expand its botnet. The findings come from cloud security firm Aqua, which described the threat actor as actively orchestrating illicit cryptocurrency mining
A new report from XM Cyber has found – among other insights - a dramatic gap between where most organizations focus their security efforts, and where the most serious threats actually reside. The new report, Navigating the Paths of Risk: The State of Exposure Management in 2024, is based on hundreds of thousands of attack path assessments conducted by the XM Cyber
Cybersecurity researchers have shed more light on a remote access trojan (RAT) known as Deuterbear used by the China-linked BlackTech hacking group as part of a cyber espionage campaign targeting the Asia-Pacific region this year. "Deuterbear, while similar to Waterbear in many ways, shows advancements in capabilities such as including support for shellcode plugins, avoiding handshakes
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