Phoenix IT

Category: Cyber Security

8Base Group Deploying New Phobos Ransomware Variant via SmokeLoader

8Base Group Deploying New Phobos Ransomware Variant via SmokeLoader

The threat actors behind the 8Base ransomware are leveraging a variant of the Phobos ransomware to conduct their financially motivated attacks. The findings come from Cisco Talos, which has recorded an increase in activity carried out by cybercriminals. “Most of the group’s Phobos variants are distributed by SmokeLoader, a backdoor trojan,” security researcher Guilherme Venere said in

Read More
The Importance of Continuous Security Monitoring for a Robust Cybersecurity Strategy

The Importance of Continuous Security Monitoring for a Robust Cybersecurity Strategy

In 2023, the global average cost of a data breach reached $4.45 million. Beyond the immediate financial loss, there are long-term consequences like diminished customer trust, weakened brand value, and derailed business operations. In a world where the frequency and cost of data breaches are skyrocketing, organizations are coming face-to-face with a harsh reality: traditional cybersecurity

Read More
Alert: OracleIV DDoS Botnet Targets Public Docker Engine APIs to Hijack Containers

Alert: OracleIV DDoS Botnet Targets Public Docker Engine APIs to Hijack Containers

Publicly-accessible Docker Engine API instances are being targeted by threat actors as part of a campaign designed to co-opt the machines into a distributed denial-of-service (DDoS) botnet dubbed OracleIV. “Attackers are exploiting this misconfiguration to deliver a malicious Docker container, built from an image named ‘oracleiv_latest’ and containing Python malware compiled as an ELF executable,” Cado

Read More
CI/CD Risks: Protecting Your Software Development Pipelines

CI/CD Risks: Protecting Your Software Development Pipelines

Have you heard about Dependabot? If not, just ask any developer around you, and they’ll likely rave about how it has revolutionized the tedious task of checking and updating outdated dependencies in software projects. Dependabot not only takes care of the checks for you, but also provides suggestions for modifications that can be approved with

Read More