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The Secret's Out: Researchers Reveal Backdoor in Emergency Radio Encryption

For over 25 years, a technology utilized for vital data and voice radio communications globally has remained under wraps, preventing in-depth testing for potential vulnerabilities. However, a small group of researchers in the Netherlands has now shed light on it, uncovering significant flaws, including a deliberate backdoor.

European Union Healthcare Sees the Number of Cyber Incidents Double in 2023

A new report focused on the healthcare sector sheds light on the state of cyber attacks in the European Union, including the types of attacks, who’s targeted, motivations, and who’s responsible. The newly-released Health Threat Landscape report from the European Union Agency for Cybersecurity (ENISA) is the first analysis completed by the agency and covers incidents from 2021 through March of 2023.

Business Email Compromise Now Has a $50 Billion Price Tag

The latest data from the FBI’s Internet Crime Complaint Center (IC3) ups the estimate for the cost of losses and exposure through business email compromise (BEC) attacks from 2013 through 2023. In the latest advisory from the IC3 entitled “Business Email Compromise: The $50 Billion Scam,” there was a 17% increase in losses from BEC attacks in 2022.

Threat Actors Add ".Zip" Domains to Phishbait

Cybercriminals are exploiting the introduction of “.ZIP” as a new generic Top-Level Domain (gTLD) to launch phishing attacks, according to researchers at Fortinet. “Cybercriminals are always on the lookout for new opportunities and techniques to exploit, and the recent availability of '.ZIP' domains for public purchase has unfortunately created such an opportunity,” the researchers write.

[HEADS UP] See WormGPT, the new "ethics-free" Cyber Crime attack tool

CyberWire wrote: "Researchers at SlashNext describe a generative AI cybercrime tool called “WormGPT,” which is being advertised on underground forums as “a blackhat alternative to GPT models, designed specifically for malicious activities.” The tool can generate output that legitimate AI models try to prevent, such as malware code or phishing templates.

Banking Detail Malvertising Attack Disguises Itself as a Foolproof USPS Google Ad

A new scam aimed at stealing your credit card and banking information has reared its’ ugly head as a completely legitimate ad that is likely to be clicked based on the corresponding search term. If you type in “USPS Tracking” in Google, you probably want to enter a U.S. Postal Service tracking number so you can see where your package is, right? So, if you saw the following result, would you give it a second thought? Source: Malwarebytes.

Nearly One-Quarter of All Emails Are Considered to be Malicious

The quantity of emails involved in scams and cyber attacks continues to grow as credential theft and response-based phishing persist as top attack variants. The ripple effect from cybercrime-as-a-service launching a few years back has reached critical mass, where we’re seeing significant increases in the percentage of emails that are either clearly determined to be malicious (7.7%) as well as those suspicious enough that users are recommended to not engage with (15.9%).

Ransomware Crypto Payments Are on the Rise While the Rest of Crypto Crime is on the Decline

New insight from blockchain analysis company, Chainalysis, shows that activity involving known ransomware crypto addresses has grown over the last 18 months, despite a downfall of other malicious activity. When I cover reports, there’s an understanding that the accuracy of the data provided is dependent on the number of organizations responding to a survey, the geos and industries represented, etc.