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:
- US government agencies hit in global cyberattack
June 15, 2023
“Several” US federal government agencies have been hit in a global cyberattack that exploits a vulnerability in widely used software. The US Cybersecurity and Infrastructure Security Agency “is providing support to several federal agencies that have experienced intrusions affecting their MOVEit applications,” Eric Goldstein, the agency’s executive assistant director for cybersecurity, said in a statement on ...
- Rosenergoatom official says Zaporozhye NPP has to deal with daily cyberattacks
June 15, 2023
Every day, the Zaporozhye nuclear power plant (ZNPP) has to deal with cyberattacks, an adviser to the director general of Russia’s Rosenergoatom nuclear power engineering company has said. “Every day, networks of the Rosenergoatom concern, of the Rosatom state corporation and of the plant’s operating company, JSC Zaporozhye NPP, are subjected to powerful DDoS attacks,” Renat ...
- Cyber attacks against APAC commerce sector surpass 1.1 billion
June 14, 2023
Over 1.15 billion cyber attacks were launched against retailers, hotels and travel-related organisations in Asia-Pacific (APAC) last year, underscoring the security risks that come with growing digitisation efforts in the commerce sector. According to Akamai’s Entering through the gift shop: attacks on commerce report, retailers in India and China were the most targeted due to the ...
- CISA and Partners Release Joint Advisory on Understanding Ransomware Threat Actors: LockBit
June 14, 2023
Today, CISA, the Federal Bureau of Investigation (FBI), the Multi-State Information Sharing and Analysis Center (MS-ISAC), and international partners released Understanding Ransomware Threat Actors: LockBit, a joint Cybersecurity Advisory (CSA) to help organizations understand and defend against threat actors using LockBit, the most globally used and prolific Ransomware-as-a-Service (RaaS) in 2022 and 2023. This guide is ...
- Cyber insurance premiums surge by 50% as ransomware attacks increase
June 14, 2023
US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage. Premiums collected from policies written by insurers reached $7.2 billion in 2022 and tripled in the past three years, ratings firm AM Best said in a study released this week. “Systematic risk is an ongoing concern,” Fred ...
- “.Zip” top-level domains draw potential for information leaks
June 13, 2023
As a result of Google’s announced sale of new TLDs that are also popular file extension formats, there is an increased risk with the deployment of the “.zip” domain that threat actors will develop new vectors for compromising victims. In early May 2023, Google released eight new TLDs, marketing the “.zip” domain as a way ...