Cyware Monthly Threat Intelligence

Monthly Threat Briefing • August 2, 2022
Monthly Threat Briefing • August 2, 2022
Cybercriminals are quickly catching up with security protocols that come along with quantum computers. In the wake of it, the NIST has finalized the first four quantum-resistant cryptographic algorithms that researchers have been working on for nearly six years. The collection of personal sensitive data by various tech firms to cater to us better is backfiring due to the shadowy ad tech and data broker ecosystem. This has prompted the FTC to caution tech firms against sharing such sensitive data with third parties.
The efforts to disrupt the Web3 universe are intensifying with each passing day. In the past month, security experts witnessed multiple decentralized protocols and platforms, including Uniswap, Crema Finance, Audius, and Premint, lose tens of millions of dollars altogether. Meanwhile, researchers reported European cyber mercenaries dropping Subzero surveillance malware on the networks of entities in Central America and Europe. In other news, the virtual pets website Neopets fell victim to a breach affecting millions of people worldwide.
Phishers and scammers are following the ebbs and flow of the threat landscape. A highly-successful phishing campaign was observed stealing banking data from the likes of Bank of America, Capital One, Citibank, Wells Fargo, and others. Linux systems continue to gain the attention of cybercriminals as Orbit and Lightning Framework join as fresh threats against the open-source, community-developed operating system. That’s not all. The introduction of new malware strains, such as Autolycos, Havanacrypt and, Checkmate, has stirred anxiety among researchers.