Latest cybersecurity reporting from selected sources.

Microsoft has awarded $2.3 million to security researchers after receiving nearly 700 submissions during this year's Zero Day Quest hacking contest. [...]

Financially Motivated Actor Storm-0501 Systematically Probed Victim EnvironmentsAs enterprises go with hybrid cloud developments, so follow hackers, even if it means jumping through extra hoops to get to where the data is stored. Microsoft on Wednesday said it spotted a financially-motivated hacking group probing a hybrid on-premise.

CISA Advisory Says Threat Actors Stole App Secrets in Azure-Hosted Backup PlatformA suspected Chinese state hacking group linked to last year’s telecom intrusions breached Commvault’s Microsoft Azure environment, exposing sensitive Microsoft 365 credentials and reigniting fears over U.S. cloud infrastructure vulnerabilities and default security settings.

Microsoft has shed light on a previously undocumented cluster of threat activity originating from a Russia-affiliated threat actor dubbed Void Blizzard (aka Laundry Bear) that it said is attributed to "worldwide cloud abuse." Active since at least April 2024, the hacking group is linked to espionage operations mainly targeting organizations that are important to Russian government objectives,

Also, Oracle Denies Cloud Breach, Blames Hack on Obsolete ServersThis week, Port of Seattle notified victims, Oracle blamed hack on obsolete servers, Google and Microsoft released April patches, WK Kellogg breached, six arrested in Spain for AI-investment scam, Scattered Spider's "King Bob" pleaded guilty, SmokeLoader users busted.

Welcome to this week’s Cybersecurity News Recap. Discover how cyber attackers are using clever tricks like fake codes and sneaky emails to gain access to sensitive data. We cover everything from device code phishing to cloud exploits, breaking down the technical details into simple, easy-to-follow insights

Evidence Mounts for Chinese Hacking 'Quartermaster'A probable Chinese nation-state threat actor compromised Visual Studio Code and Microsoft Azure cloud infrastructure to target Western technology firms for espionage, security firms Tinexta Cyber and SentinelLabs said. The companies call the campaign "Operation Digital Eye."

​Microsoft announced today at its Ignite annual conference in Chicago, Illinois, that it's expanding its bug bounty programs with Zero Day Quest, a new hacking event focusing on cloud and AI products and platforms. [...]

Microsoft researchers discover an old-timey scam with a facelift for the cloud era: hacking retailers' portals to make it rain gift cards.

Company Plans to Link Executive Compensation to Achieving Security MilestonesThe executive vice president for Microsoft Security has announced an overhaul of the company's security practices following a series of high-profile cyberattacks that allowed foreign state-sponsored hacking groups to access its internal systems and cloud networks.

A federal review board demanded that the tech giant prioritize its "inadequate" security posture, putting the blame solely on the company for last year's Microsoft 365 breach that allowed China's Storm-0558 to hack the email accounts of key government officials.

The alarming number of cyber threats targeting Microsoft cloud applications shows cybersecurity needs an overhaul.

A new Python-based hacking tool called FBot has been uncovered targeting web servers, cloud services, content management systems (CMS), and SaaS platforms such as Amazon Web Services (AWS), Microsoft 365, PayPal, Sendgrid, and Twilio

The Department of Homeland Security's Cyber Safety Review Board (CSRB) has announced plans to conduct an in-depth review of cloud security practices following recent Chinese hacks of Microsoft Exchange accounts used by US government agencies. [...]

The review will also conduct a broader review of issues relating to cloud-based identity and authentication infrastructure

In hindsight, it's probably good practice to give clients access to cloud logs Microsoft announced on Wednesday it would provide all customers free access to cloud security logs – a service usually reserved for premium clients – within weeks of a reveal that government officials' cloud-based emails were targets of an alleged China-based hack.…

The U.S. Cybersecurity & Infrastructure Security Agency (CISA) has released a new open-source incident response tool that helps detect signs of malicious activity in Microsoft cloud environments. [...]

Microsoft on Tuesday said it took steps to disable fake Microsoft Partner Network (MPN) accounts that were used for creating malicious OAuth applications as part of a malicious campaign designed to breach organizations' cloud environments and steal email

Microsoft said it blocked a Lebanon-based hacking group it tracks as Polonium from using the OneDrive cloud storage platform for data exfiltration and command and control while targeting and compromising Israelian organizations. [...]