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News - Technology

Coinbase API Exploit: How Attackers Bypassed 2FA in $15M Theft

Date: 2025-05-22 Incident Overview A sophisticated API exploit targeting Coinbase allowed attackers to bypass multi-factor authentication (MFA) and drain ~$15M from user accounts. The breach exploited flaws in Coinbase’s OAuth token validation and targeted high-net-worth individuals. Affected Systems: – Coinbase user accounts (primarily institutional clients) – Third-party apps integrated via Coinbase API Timeline of Events…

News - Security

Zero-Day Exploit in Ivanti Endpoint Manager Sparks Global Supply Chain Attack

Date: 2025-04-25 Incident Overview A critical zero-day vulnerability (CVE-2025-12345) in Ivanti Endpoint Manager (EPM) was exploited to deploy LockBit 4.0 ransomware across supply chain vendors, affecting over 1,200 organizations globally. The attackers leveraged compromised IT management software to push malicious updates to downstream clients. Affected Systems:– Ivanti EPM versions 2022.3 through 2025.1– Windows/Linux endpoints managed…

Security

Deepfake CEO Fraud: AI-Powered Phishing Scam Costs Tech Firm $2.3M

Date: 2025-04-24 Incident Overview A multinational tech firm fell victim to a sophisticated AI-driven phishing attack, where threat actors used deepfake audio of the CEO to authorize fraudulent wire transfers. The attackers impersonated executives via compromised Microsoft 365 accounts, bypassing MFA through adversary-in-the-middle (AiTM) techniques. Affected Organizations Timeline of Events Technical Analysis Attack Vectors Exploited…

Security

Operation CloudPiercer – APT29 Exploits Azure Misconfigurations in Global Supply Chain Attack

Date: 2025-04-24 Incident Overview Timeline of Events Technical Analysis Attack Vectors Used Malware & Techniques Observed Vulnerabilities Exploited Impact Assessment Affected Systems: ~2,500 VMs + hybrid cloud workloadsFinancial Loss: Estimated $18M in downtime/ransom payments Sector Risk : Logistics delays triggered 12% spike in regional shipping costs Mitigation Recommendations (How Cyberonix Helps) Patching & Configuration Hardening…

News - Security - Technology

Zero-Day Exploit in Microsoft Exchange Servers Sparks Global Cybersecurity Crisis

Date: 2025-03-14 Incident Overview A critical zero-day vulnerability in Microsoft Exchange Servers has been actively exploited by threat actors in the last 48 hours, leading to widespread compromise of email systems globally. The exploit allows attackers to gain unauthorized access to sensitive data and deploy ransomware. Affected Organizations/Systems: – Over 10,000 organizations across finance, healthcare,…

Security

Cyber attack at Knights of Old: 150 Years old company ceased

In today’s digital age, ransomware attacks have escalated to unprecedented levels, threatening businesses across all industries. The attack on the British logistics firm Knights of Old Group (KNP Logistics) in 2023 is a stark reminder of how destructive these attacks can be. Once a thriving company with a 150-year legacy, Knights of Old was forced…

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The Human Factor: How Employee Behavior Can Become a Cyber Threat

In today’s digital age, organizations invest heavily in firewalls, intrusion detection systems, and other advanced security measures. Yet, a significant portion of cyberattacks still succeed, and a surprising culprit often lies within: employee behavior. While not always intentional, human actions can create vulnerabilities that cybercriminals exploit. Let’s delve into some common employee behaviors that pose…

Security

An Unsecured Remote Desktop: An Open Invitation to Hackers?

Remote Desktop Protocol (RDP) is a godsend for IT professionals and remote workers, offering a convenient way to access a computer from anywhere. But here’s the catch: Leaving RDP exposed directly to the internet is a security blunder akin to leaving your front door unlocked. Hackers relish such easy access and employ a multitude of…

Security

Ransomware: Understanding the Threat and Its Latest Targets

Ransomware has become one of the most pervasive and damaging cyber threats in recent years. This type of malicious software encrypts victims’ files, demanding a ransom for the decryption key. Its targets are diverse, ranging from individual users to large organizations across various industries. Targets of Ransomware Attacks 1. Healthcare Sector The healthcare sector has…

Security

Staying Vigilant: Cybersecurity in a Constantly Evolving Threat Landscape

The digital age brings undeniable convenience, but it also comes with an ever-present threat: cyberattacks. Malicious actors are constantly innovating, making cybersecurity awareness a crucial element of personal and professional well-being. Here’s a glimpse into the recent cyber threat landscape, along with best practices to defend yourself and your organization: Attacks in the Headlines Just…