November 20, 2024 at 09:39AM The cybercriminal group “Water Barghest” exploits vulnerabilities in IoT devices to create proxy botnets, already compromising over 20,000 devices. Using automated scripts and proprietary malware, they sell these devices on a residential proxy marketplace. This poses significant security challenges, prompting the need for enhanced IoT protection measures. **Meeting Takeaways:** 1. … Read more
November 19, 2024 at 09:42AM The Ngioweb malware powers the NSOCKS residential proxy service, with 80% of its bots originating from the Ngioweb botnet. This operation, involving over 20,000 IoT devices, allows users to proxy malicious traffic globally, facilitating attacks while obscuring identities. The underground proxy market is expected to grow significantly. ### Meeting Takeaways: … Read more
November 18, 2024 at 04:27AM Water Barghest, estimated to control over 20,000 IoT devices by October 2024, exploits vulnerabilities to monetize them as proxies on a marketplace. Utilizing automated scripts and the Ngioweb malware, the process from infection to marketplace availability can be completed in under 10 minutes, highlighting its operational efficiency. **Meeting Notes Takeaways: … Read more
November 13, 2024 at 07:15AM A security analysis of the OvrC cloud platform revealed ten vulnerabilities that could allow remote code execution on connected devices. These flaws impact OvrC Pro and Connect, with some allowing attackers to impersonate devices and access unauthorized controls. Fixes were issued in May 2023 and November 2024. ### Meeting Takeaways … Read more
November 8, 2024 at 05:28PM Six vulnerabilities in Mazda’s infotainment system could be exploited via a USB, potentially affecting vehicle safety. Originating from the Mazda Connect CMU, these flaws could allow full system compromise and access to sensitive data. Though serious, real-world exploitation remains unlikely currently, highlighting the need for improved vehicle security measures. **Meeting … Read more
November 8, 2024 at 09:58AM The AndroxGh0st malware is now exploiting various security vulnerabilities in internet-facing applications while incorporating the Mozi botnet for persistent access and credential theft. This integration enhances its targeting capabilities, allowing it to infect more IoT devices and streamline operations within a shared command infrastructure. ### Meeting Takeaways – November 8, … Read more
November 7, 2024 at 05:47PM Xiphera and Crypto Quantique announced a partnership to enhance cryptographic security for IoT devices. Their collaboration combines Xiphera’s nQrux® Hardware Trust Engines with Crypto Quantique’s QDID PUF technology, providing quantum-resilient security and unique unclonable identities for semiconductor chips, ensuring protection against future quantum attacks. **Meeting Takeaways:** 1. **Partnership Announcement:** – … Read more
October 22, 2024 at 08:04AM The Council of the European Union has adopted the Cyber Resilience Act, ensuring connected devices meet new cybersecurity standards before market release. This law enhances existing regulations and provides consumers with clearer options for secure products, featuring a “CE” label for compliance. The act will take effect in 2027. **Meeting … Read more
October 14, 2024 at 11:42AM Jerrid Powell’s shooting spree in Beverly Hills led to his swift capture, aided by Flock Safety’s crime-solving technology. The company has become a key player in public safety, solving 10% of U.S. crimes. Flock Safety is enhancing security by integrating identity management solutions from Okta and Permiso to better manage … Read more
October 9, 2024 at 11:43AM Multiple security vulnerabilities in the Manufacturing Message Specification (MMS) protocol pose risks for industrial environments, potentially enabling device crashes and remote code execution. Key libraries affected were patched in 2022, but gaps in security for modern technology versus outdated protocols persist. Additional vulnerabilities in other systems were also reported. ### … Read more