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Threat hunters are warning that the cybercriminal operation known as VECT 2.0 acts more like a wiper than a ransomware due to a critical flaw in its encryption implementation across Windows, Linux, and ESXi variants that renders recovery impossible even for the threat actors

Recent campaign targeted 20,000 folk across UK and Europe with this tactic, Unit 42 warns Unknown criminals went on a phishing expedition that targeted about 20,000 users across the automotive, chemical and industrial compound manufacturing sectors in Europe, and tried to steal account credentials and then hijack the victims' Microsoft Azure cloud infrastructure.…

Microsoft is warning of an uptick in malicious activity from an emerging threat cluster it's tracking as Storm-0539 for orchestrating gift card fraud and theft via highly sophisticated email and SMS phishing attacks against retail entities during the holiday shopping season

Bank Info Security 2 years, 7 months ago

Microsoft Warns of OAuth Attacks Tied to Cryptomining

Microsoft Details OAuth Tactics, Says Losses Reached Up to $1.5M Per VictimHackers are exploiting OAuth applications to compromise user accounts, manipulate and confer elevated privileges, and set up cryptomining operations, which has cost some organizations up to $1.5 million in losses, according to Microsoft's Threat Intelligence team.

Bank Info Security 2 years, 7 months ago

Mobile Banking Trojan Campaigns Target Indian Android Users

Hackers Use Messaging Apps WhatsApp, Telegram to Bait VictimsMobile banking Trojans spread through deceptive social media messages remain a problem for Indian smartphone users, warns Microsoft. India accounts for 4 in 10 global transactions made with digital payments, according to the National Payments Corporation of India.