Blog – Page 784 – Cyber Mike

Ransomware Extortion Drops to $813.5M in 2024, Down from $1.25B in 2023

Ransomware attacks netted cybercrime groups a total of $813.5 million in 2024, a decline from $1.25 billion in 2023.
The total amount extorted during the first half of 2024 stood at $459.8 million, blockchain intelligence firm Chainalysis said, adding payment activity slumped after July 2024 by about 3.94%.
“The number of ransomware events increased into H2, but on-chain payments declined,

Astra, Invary Raise Millions for AI-Powered Pentesting, Runtime Security

Astra Security and Invary have received new funding to fuel development of their vulnerability scanning and runtime security solutions.

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Hacker Who Targeted NATO, US Army Arrested in Spain

Spanish authorities have arrested an individual who allegedly hacked several high-profile organizations, including NATO and the US army.

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Five Eyes Agencies Release Guidance on Securing Edge Devices

Five Eyes cybersecurity agencies have released guidance on securing edge devices against increasing threats.

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Security Teams Pay the Price: The Unfair Reality of Cyber Incidents

The blame of security incidents may be shared—but the burden of response always falls on the security team. Here’s how to prepare for the inevitable.

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SparkCat Malware Uses OCR to Extract Crypto Wallet Recovery Phrases from Images

A new malware campaign dubbed SparkCat has leveraged a suit of bogus apps on both Apple’s and Google’s respective app stores to steal victims’ mnemonic phrases associated with cryptocurrency wallets.
The attacks leverage an optical character recognition (OCR) model to exfiltrate select images containing wallet recovery phrases from photo libraries to a command-and-control (C2) server,

Cisco Patches Critical Vulnerabilities in Enterprise Management Product

Critical vulnerabilities in Cisco Identity Services Engine could lead to elevation of privileges and system configuration modifications.

The post Cisco Patches Critical Vulnerabilities in Enterprise Management Product appeared first on SecurityWeek.

The Evolving Role of PAM in Cybersecurity Leadership Agendas for 2025

Privileged Access Management (PAM) has emerged as a cornerstone of modern cybersecurity strategies, shifting from a technical necessity to a critical pillar in leadership agendas. With the PAM market projected to reach $42.96 billion by 2037 (according to Research Nester), organizations invest heavily in PAM solutions.

Why is PAM climbing the ranks of leadership priorities? While Gartner

North Korean APT Kimsuky Uses forceCopy Malware to Steal Browser-Stored Credentials

The North Korea-linked nation-state hacking group known as Kimsuky has been observed conducting spear-phishing attacks to deliver an information stealer malware named forceCopy, according to new findings from the AhnLab Security Intelligence Center (ASEC).
The attacks commence with phishing emails containing a Windows shortcut (LNK) file that’s disguised as a Microsoft Office or PDF document.

Fake DeepSeek Sites Used for Credential Phishing, Crypto Theft, Scams

Researchers see dozens of fake DeepSeek websites used for credential phishing, cryptocurrency theft, and scams.

The post Fake DeepSeek Sites Used for Credential Phishing, Crypto Theft, Scams appeared first on SecurityWeek.

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