Cyware Monthly Threat Intelligence

Monthly Threat Briefing • March 2, 2022
Monthly Threat Briefing • March 2, 2022
As we brace for the ever-growing cyber-physical threats in the current landscape, let us first take you through some top developments for the month. Cyber experts from different organizations devised a Quantum Key Distribution (QKD) network to withstand quantum computing attacks of up to 800Gbps. New York state vows to boost its cyber defenses and add more cyber talent in the coming times via a centralized cybersecurity operations center.
Researchers from JPMorgan Chase, Ciena, and Toshiba developed a unique QKD network for metropolitans, which is resistant to quantum computing attacks. The QKD network sustains encryption of 800Gbps under real-world conditions and can rapidly identify and defend against quantum computing threats.
Singapore government announced plans to design a quantum-safe network to display crypto-agile connectivity and encourage trials with private and public firms. The initiative is driven by the Quantum Engineering Program (QEP) and includes a quantum security lab for vulnerability research. The project is supported by the National Research Foundation, along with 15 partners from both the public and private sectors. The three-year program aims to conduct an extensive analysis of security systems and design guidelines to support organizations adopting quantum-safe technologies.
New York City established a centralized cybersecurity hub to aid state officers in times of a cyber crisis. The Joint Security Operations Center consists of experts from state and federal law enforcement agencies, NYC3, and representatives from the country and local governments.
The DHS announced the creation of a new Cyber Safety Review Board to gather all security experts from private and public sectors to review and analyze cybersecurity incidents. This board comes as a part of the executive order signed by the U.S. President last year. The board’s first task would focus on Log4j vulnerabilities.
In the light of rising sophisticated cyberattacks targeting critical infrastructure throughout 2021, cybersecurity agencies from Australia, the U.K, and the U.S. released a joint advisory that offers trends and behaviors of criminals while also underlining recommendations for mitigation.
The Russia-Ukraine conflict has precipitated attacks in cyberspace as well. Every day, researchers are reporting damages on both sides. Russian threat actors were also found sniffing around the U.S. defense sector. Meanwhile, there were a few crypto crimes in February that cost millions of dollars to businesses.
The Russia-Ukraine crisis spilled into the cyber domain as multiple Ukrainian government sites and two of the country’s largest banks were once again hit with a wave of DDoS attacks. In response, multiple Russian government websites also experienced DDoS attacks. Furthermore, a new data wiper malware, dubbed HermeticWiper, was found targeting financial organizations and government contractors in Ukraine.
A vulnerability in the Wormhole cryptocurrency platform allowed a threat actor to steal an estimated $322 million worth of Ether cryptocurrency. The attackers exploited the ‘smart contracts’ feature on the platform to hack the portal.
A statement released by the CISA last month revealed that Russian state-sponsored operatives have been targeting the U.S. cleared defense contractor networks to obtain sensitive information. Some of these attacks have been ongoing for at least six months. According to the agency, threat actors are using tactics such as spear-phishing and brute-force attacks to breach networks.
The BlackCat ransomware group was held responsible for the recent cyberattacks on two German oil companies. This ultimately affected hundreds of gas stations across northern Germany. The firms took immediate actions as part of their contingency plans. Meanwhile, the ransomware gang has confirmed that they are former members of the notorious BlackMatter/DarkSide ransomware.
A targeted spear-phishing campaign called Operation EmailThief exploited an XSS zero-day vulnerability in Zimbra to target several government and media organizations in Europe. Launched by a threat actor named TEMP_Heretic, the campaign was executed in December 2021 in two phases. The initial phase aimed at reconnaissance and leveraged specially designed phishing emails.
More than 500 online stores running the outdated Magento 1 platform were compromised in a large-scale digital skimming attack. Researchers indicate that nearly 19 backdoors were deployed on compromised systems. All of these websites were compromised by exploiting a known vulnerability in the Quickview plugin.
The U.K Foreign Office was the target of a serious cybersecurity incident. According to media reports, attackers infiltrated Foreign Commonwealth and Development Office (FCDO) systems. Nevertheless, not many details were available about the attack, and BAE Systems Applied Intelligence was called for urgent remediation.
A low-lying threat actor tracked as TA2541 was spotted targeting entities in the aviation sector since 2017. The attacker used off-the-shelf malware and relied on malicious Microsoft Word documents to deliver trojans such as AsyncRAT, NetWire, WSH RAT, and Parallax. Most of the themes included transportation-related terms, such as flight, aircraft, fuel, yacht, charter, etc.
New South Wales Premier Dominic Perrottet has admitted a data leak due to a misconfigured NSW government website. This affected more than 500,000 addresses, including defense sites, a missile maintenance unit, and domestic violence shelters, among others.
The San Francisco 49ers NFL team confirmed a ransomware attack that encrypted the files on its corporate IT network. The attack is the work of the BlackByte ransomware gang which also claimed responsibility by leaking some stolen files on its site. The firm added that it has taken mitigation steps to contain the attack and has also informed the law enforcement agencies.
A hack on the OpenSea platform affected its 32 users. This caused a loss of 254 tokens, which amounted to nearly $1.7 million. While the attack is no longer active, it is believed that the affected users might have signed a malicious payload sent by the attack. The attack vector is still unknown.
A new attack campaign targeted publicly-exposed, unpatched Microsoft SQL servers. The attackers scanned port 1433 to check for vulnerable servers to launch brute force or dictionary attacks to gain access to system admin accounts. Consequently, the attackers would also deploy Cobalt Strike beacons on targeted hosts.
Moving on, security researchers have laid bare new threats in the form of a backdoor used for espionage, a RAT used by an APT group, and a refreshed malware with added capabilities, among others. The month also witnessed new updates in attack tactics involved in espionage campaigns of Chinese as well as North Korean threat groups. In other news, adversaries reportedly continued to exploit Log4shell flaws.