The U.S. Federal Communications Commission (FCC) is adopting new rules that aim to protect consumers from cell phone account scams that make it possible for malicious actors to orchestrate SIM-swapping attacks and port-out fraud. “The rules will help protect consumers from scammers who target data and personal information by covertly swapping SIM cards to a
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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
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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
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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
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