Cyber Threat Report: Cyber Security News for 03/02/23

Cybercrime Groups Offer Six-Figure Salaries, bonuses, Paid Time Off to Attract Talent on Dark Web
Cybercriminals are offering high salaries and perks to attract the best. Some ads boasted annual salaries as high as $1.2 million for the skilled hackers. Read More

Chinese Hackers Lived Inside News Corp's Network for Two Years
Attackers have gained access to a business and document storage system used by several News Corp businesses and obtained employees' personal and health information. SC Media

Cyber Arms Race, Economic Headwinds Among Top Macro Cybersecurity Risks for 2023
The Bipartisan Policy Center's report on the top eight macro cybersecurity risks highlights how little progress organizations have made in dealing with them. Read More

7 Reasons to Avoid Investing in Cyber Insurance
Increasing complexity within the cyber insurance market is raising questions over its viability as a business investment. Here are 7 reasons why an organization may be advised to avoid or delay investing in insurance. Read More

Stress Pushing CISOs out the Door
Around 50% of CISOs are expected to change jobs by 2025, according to a Gartner study that found the cybersecurity leader’s job is becoming more stressful. Read More

LastPass Breach: Hackers put Malware on Engineer's Home Computer to Steal their Password
The fallout from the LastPass hack continues, with the company revealing attackers gained access by hacking a senior engineer's home computer. Read More

Most Ransomware Blocked Last Year, but Cyberattacks are Moving Faster
A new study suggests cyber attackers are taking side routes that are less visible, and they are getting much faster at infiltrating perimeters. Read More

US Official Reproaches Industry for Bad Cybersecurity
CISA Director Says Programming Language Swap Will End Memory Safety Vulnerabilities. Read More

Chinese Hackers Lived Inside News Corp's Network for Two Years
Attackers have gained access to a business and document storage system used by several News Corp businesses and obtained employees' personal and health information. SC Media

Dish Network Confirms Cyberattack
Dish Network confirmed it was hit by a massive cyberattack tied to a multiday outage that downed internal billing systems, broke consumer apps, and shut down several consumer-facing websites. Read More

Ransomware Attack Hits US Marshals Service
The US Marshals Service has confirmed that ransomware was deployed on one of its systems that contains sensitive law enforcement information. Read More

Attacker Breakout Time Drops to Just 84 Minutes
The average time it takes threat actors to move laterally from a compromised host dropped 14% between 2021 and 2022, putting further pressure on incident response teams. Read More

HEADLINE PRIVACY & IT SECURITY COMPLIANCE NEWS

According to a recent report, cybercriminals are now using the dark web to recruit talent for a range of activities. The report reveals that cybercriminals are increasingly using recruitment advertisements to target skilled individuals with experience in hacking, malware development, and social engineering. Some of the job postings offer high salaries, benefits packages, and flexible working hours–which suggests that cybercriminals are adopting a more corporate approach to recruitment. The report also highlights that the recruitment of skilled talent is critical for the growth of cybercrime groups and that this trend is likely to continue in the future.

A group of hackers breached News Corp, the media conglomerate owned by Rupert Murdoch, for over two years, potentially stealing corporate secrets and compromising sensitive information. The hacking group, known as Fxmsp, is believed to have used sophisticated tactics to infiltrate News Corp's systems, including exploiting a zero-day vulnerability in a remote desktop protocol. The hackers reportedly demanded $1 million in ransom from News Corp, but it is unclear whether the company paid the ransom or not. The breach highlights the ongoing threat of cyber attacks against large organizations and the need for robust security measures to protect against such threats.

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