The Blacksite Weekly Intelligence Report

Android Banking Malware Intercepts Calls

Fakecalls mobile banking trojan can take over calls to a bank’s customer support number and connect the victim directly with the cybercriminals. The malware emerged last year and has been seen targeting users in South Korea, customers of popular banks like KakaoBank or Kookmin Bank (KB). The malware can also play a pre-recorded message that mimics the ones typically used by banks to greet customers looking for support: “Hello. We will now connect you with an operator. Your conversation will now be recorded”. The malware is also able to spoof incoming calls.

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E.U Officials Targeted with Pegasus Spyware

At least five individuals, including European Justice Commissioner Didier Reynders, are said to have been singled out. NSO Group said it was not responsible for the hacking attempts, adding that the targeting “could not have happened with NSO’s tools” Apple notified the victims of state-sponsored attacks last November as part of its efforts to stop the Israeli surveillance firm from targeting its customers. The U.S. government has added NSO to its trade blocklist, prompting Israel to restrict the number of countries to which local security firms can sell offensive hacking and surveillance tools.

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Hackers Can Take Over Critical Infrastructure

Hackers have shown they can take control of an array of devices that help run power stations and manufacturing plants, the U.S. government said in an alert. Cybersecurity and Infrastructure Security Agency and other government agencies issued a joint advisory saying the hackers’ malicious software could affect a type of device called programmable logic controllers made by Schneider Electric and OMRON Corp as well as Open Platform Communications Unified Architecture servers. The controllers are common across a variety of industries – from gas to food production plants – but researchers believe hackers’ intended targets were liquified and electric facilities.

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Small and Medium Sized Businesses Account for Half of Ransomware Attacks

Small businesses seem to be easy prey for ransomware gangs, according to Webroot’s just-released BrightCloud Threat Report. 44% of all ransomware victim organizations were less than 100 employees, 82% targeted organizations with less than 1,000 employees. 34% of organizations with 21-100 employees experienced malware infections. The average ransom at the end of 2021 was $322K, with a median ransom of $117K – monies most SMBs can’t easily get a hold of to address ransomware attacks.

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U.S Eases Russia’s Communication Sanctions

The U.S. has announced exemptions on previously imposed sanctions on Russia related to telecommunications and internet-based communications. The move is likely to prevent Russians from being isolated from Western news sources. The more restricted and censored the Russian internet becomes, the easier it becomes for the country’s government to distort facts and present an altered or filtered reality. However, the updated sanctions still prevent companies from working with the Central Bank of Russia, the National Wealth Fund, and the Ministry of Finance of the Russian Federation.

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Cyber Risk Management Doesn’t Have To Be Difficult …

How Blacksite ZTNA Can Help Protect Your Business Against Cyber Threats

The first step in protecting your company against cyber threats is to make sure you have a solid cybersecurity plan. A cybersecurity plan helps you make sure that your company has the proper safeguards in place to protect your business. Expert security company Blacksite can help you with all your cybersecurity needs. At Blacksite we can help your company develop a cybersecurity plan that is tailored to your business needs. Blacksite implements the latest ZTNA technology to keep your business apps, data, and services safe from prying eyes and potential cybersecurity threats that you might experience in the future. Blacksite specializes in providing cybersecurity solutions in data protection, risk management, encryption, cyber security strategy, and cyber security education at an affordable price to accommodate your business whether it’s a small family owned to that of the size of a fortune 500.

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