The Blacksite Weekly Intelligence Report

Tuesday Edition

Canada Bans Huawei & ZTE Products and Services

The Government of Canada announced its intention to ban the use of Huawei and ZTE telecommunications equipment and services across the country’s 5G and 4G networks. The move follows similar decisions from the United States, the U.K., Australia, New Zealand, and Japan, all Canada’s close allies. The two Chinese tech companies have been deemed too great of a security risk to be allowed in Canada’s telecommunication network. Existing 5G equipment should be removed from their networks by June 28, 2024, while 4G equipment was given until December 31, 2027.

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Under CFAA Ethical Hackers Will Not be Prosecuted

The U.S. Department of Justice has announced a revision of its policy on how federal prosecutors should charge violations of the Computer Fraud and Abuse Act (CFAA) The new policy focuses specifically on deliberate breaches of access limitations on computers and networks. However, it does not give a pass to hacking under the pretense of conducting security research while using said research to extort companies. The goal for CFAA enforcement remains to promote privacy and cybersecurity, so the case here is to protect security researchers from legal action.

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Phishing Websites Using Chatbots to Steal Information

Phishing attacks are now using automated chatbots to guide visitors through the process of handing over their login credentials to threat actors. This approach automates the process for attackers and gives a sense of legitimacy to visitors of the malicious sites. The best way to spot a phishing page is to examine the URL for the website, especially if it looks suspicious or does not match the domain.

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Elon Musk Deepfake Promotes Cryptocurrency Scam

Cryptocurrency scammers are using deep fake videos of Elon Musk and other prominent cryptocurrency advocates to promote a BitVex trading platform scam that steals deposited currency. The scam claims to be owned by Elon Musk, who created the site to allow everyone to earn up to 30% returns on their crypto deposits. The videos are legitimate interviews modified with deep fake technology to use the person’s voice in a script provided by the threat actors. Many YouTube channels have been hacked to suddenly show YouTube videos or YouTube Shorts that promote the scam.

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