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Researchers say breaches link identity abuse, SaaS compromise, and ransomware into a cascading cycle Cybercriminals are turning supply chain attacks into an industrial-scale operation, linking breaches, credential theft, and ransomware into a "self-reinforcing" ecosystem, researchers say.…

Bank Info Security 1 year, 6 months ago

Ransomware Campaign Targets Amazon S3 Buckets

Threat Actor 'Codefinger' Targets Cloud EnvironmentsA ransomware group is targeting Amazon S3 buckets, exploiting the data stored there using AWS’s server-side encryption with customer keys and demanding a ransom in exchange for the encryption key needed to unlock the data. The group uses compromised or publicly exposed AWS account credentials.

Researchers find many similarities, and nasty new customizations such as embedded compromised user credentials The Cicada3301 ransomware, which has claimed at least 20 victims since it was spotted in June, shares "striking similarities" with the notorious BlackCat ransomware, according to security researchers at Israeli outfit endpoint security outfit Morphisec.…

Also: The US Supreme Court; Polyfill; BEC Compromise for Frozen ChickenThis week, cyber insurance policies fell short, the Supreme Court rejected efforts to fight disinformation, Polyfill apparently was hijacked, cybercriminals stole chicken, Levi warned of a credential stuffing attack, hackers targeted Android devices, and a lab in South Africa was hit by ransomware.