Over the past year, Microsoft uncovered a Chinese-language cybercriminal ecosystem, an interconnected network of phishing kit operators, developers, and an illicit marketplace selling tools and infrastructure for large-scale phishing, enabling cybercriminal operations worldwide.
Threat actors purchased and used these tools and infrastructure, including phishing kits and access to compromised or fraudulent Microsoft or Google cloud environments and related credentials, to target organizations across the healthcare, financial services, wholesale distribution, and information technology (IT) sectors in Japan, the United States, Australia, and India. In collaboration with law enforcement agencies and other partners worldwide, Microsoft’s Digital Crimes Unit (DCU) facilitated a disruption of the ecosystem’s primary developers and infrastructure.
Read more…
Source: Microsoft
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Hackers threaten to leak 80GB of confidential data stolen from Reddit
June 19, 2023
Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand – and reverses its controversial API price hikes. In a post on its dark web leak site, the BlackCat ransomware gang, also known as ALPHV, claims to have stolen 80 gigabytes of compressed data from Reddit during a February ...
- Microsoft Azure and Outlook outages were caused by DDoS attacks
June 19, 2023
Microsoft has confirmed that outages to its Azure and Outlook services were caused by DDoS attacks, which the company puts down to the threat actor that it tracks as Storm-1359. This follows the tech giant’s new nomenclature for threats, whereby Storm denotes a group that is in development. Otherwise known as Anonymous Sudan, it is said ...
- Decade Old DDoS-for-Hire Service Taken Down, Administrators Arrested
June 19, 2023
Polish authorities took down a DDoS-for-hire service that’s been around for a decade following an investigation with support of the FBI, Europol and law enforcement agencies from Germany, Belgium and the Netherlands. DDoS attacks are always a nuisance, but they can inflict serious damage to companies and organizations. The simple fact that a webpage or a ...
- Military leaders warn U.S. must prepare for cyber, infrastructure threat
June 16, 2023
The United States must immediately get ready for domestic, cyber-enabled attacks on critical domestic infrastructure and guard against foreign-initiated information operations targeted at the American people, according to speakers and panelists at an Association of the U.S. Army symposium on Wednesday in Arlington, Virginia. Mark Bristow, director of the Cyber Infrastructure Protection Innovation Center (CIPIC) at ...
- Cyber attack results in data breach of all Louisiana driver licenses, IDs
June 16, 2023
Those with a Louisiana ID, registration or driver’s license could have their personal data exposed as a major cyber attack targeted the Louisiana Office of Motor Vehicles as well as other Government entities. According to the Governor’s Office of Homeland Security and Emergency Preparedness, the OMV was breached. The state says MOVEit – which is a ...
- Understanding Malware-as-a-Service
June 15, 2023
Money is the root of all evil, including cybercrime. Thus, it was inevitable that malware creators would one day begin not only to distribute malicious programs themselves, but also to sell them to less technically proficient attackers, thereby lowering the threshold for entering the cybercriminal community. The Malware-as-a-Service (MaaS) business model emerged as a result of ...