Latest cybersecurity reporting from selected sources.

Don't let it happen to you Storm-0501, a financially motivated cybercrime crew, recently broke into a large enterprise's on-premises and cloud environments, ultimately exfiltrating and destroying data within the org's Azure environment. The criminals then contacted the victim via a Microsoft Teams account that they'd also compromised in the attack, demanding a ransom payment for the stolen files.…

Two men have been arrested for allegedly stealing data from and extorting dozens of companies that used the cloud data storage company Snowflake, but a third suspect -- a prolific hacker known as Kiberphant0m -- remains at large and continues to publicly extort victims. However, this person's identity may not remain a secret for long: A careful review of Kiberphant0m's daily chats across multiple cybercrime personas suggests they are a U.S. Army soldier who is or was recently stationed in South Korea.

Mandiant identifies 'moderately sophisticated' but 'prolific' APT43 as global menace Google Cloud's recently acquired security outfit Mandiant has named a new nasty from North Korea: a cyber crime gang it calls APT43 and accuses of a five-year rampage.…