The latest findings from Nokia’s Threat Intelligence Report reveal an alarming increase in cybercriminal activity targeting telecom infrastructure, largely fueled by advances in Generative AI and automation.
This escalation has significant implications for network security and operational reliability within the telecommunications sector. The report indicates that the frequency of distributed denial of service (DDoS) attacks has surged dramatically, rising from a daily occurrence of one or two to over 100 in many networks between June 2023 and June 2024. North America has been particularly affected.
Read more…
Source: SDX Central
Related:
- US State Department offering $10 million reward for state-backed hackers
July 15, 2021
The State Department announced a $10 million reward for any information about hackers working for foreign governments. The measure is aimed squarely at those participating in “malicious cyber activities against US critical infrastructure in violation of the Computer Fraud and Abuse Act.” Officials said in a release that this included ransomware attacks targeting “critical infrastructure.” Read more… Source: ...
- LuminousMoth APT: Sweeping attacks for the chosen few
July 14, 2021
handpick a set of targets that in turn are handled with almost surgical precision, with infection vectors, malicious implants and payloads being tailored to the victims’ identities or environment. It’s not often we observe a large-scale attack conducted by actors fitting this profile, usually due to such attacks being noisy, and thus putting the underlying ...
- Cybercriminals took advantage of WFH to target financial services companies, says Financial Stability Board report
July 14, 2021
Criminals targeted security gaps at financial services firms as their staff moved to working from home, according to a report issued by the Financial Stability Board (FSB) on Tuesday. Established after the G20 London summit in April 2009, the FSB makes recommendations about the global financial system and coordinates financial rules for the G20 group of ...
- Trickbot updates its VNC module for high-value targets
July 14, 2021
The Trickbot botnet malware that often distributes various ransomware strains, continues to be the most prevalent threat as its developers update the VNC module used for remote control over infected systems. Its activity has been increasing constantly since the complete disruption of the Emotet botnet in January, which acted as a distributor for both Trickbot and ...
- SonicWall releases urgent notice about ‘imminent’ ransomware targeting firmware
July 14, 2021
Networking device maker SonicWall sent out an urgent notice to its customers about “an imminent ransomware campaign using stolen credentials” that is targeting Secure Mobile Access (SMA) 100 series and Secure Remote Access (SRA) products running unpatched and end-of-life 8.x firmware. In addition to the notice posted to its website, SonicWall sent an email to anyone ...
- The Underground Exploit Market and the Importance of Virtual Patching
July 13, 2021
Over the past two calendar years, we conducted research on the underground exploit market to learn more about the life cycle of exploits, the kinds of buyers and sellers who transact, and the business models that are in effect in the underground. We detail our findings in our research paper “The Rise and Imminent Fall ...