2020 Cybersecurity Predictions: Four 2019 Trends That Will Solidify in the New Year

The pace of change in cybersecurity is quickening as technologies like 5G and artificial intelligence enable new services, products, and modes of communication. Though varied in their uses—from consumer goods and smart cities to the Industrial Internet of Things—and in their level of maturity, nearly all are defined by growing connectivity and the risks and opportunities inherent therein. Threat actors will use BYOD policies to perform cross-platform campaigns that leverage both mobile and traditional desktop malware. In fact, recent research discovered significant nation state-based mobile cyber espionage activity from the four mentioned above and state-sponsored groups in Vietnam. These types of attacks are likely to proliferate further in 2020. That will make it more difficult for governments and enterprises seeking to attribute these attacks as they face a growing number of actors and endpoints on a larger scale.

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Betting and Gambling Websites under Cyberattack from Chinese Hackers

Since last year's summers, Chinese hackers have been targeting South Asian companies that own online gambling and betting websites. The gambling companies in South Asia have confirmed the hacks, whereas rumors of cyberattacks on betting websites have also emerged from Europe, and the Middle East, however, the rumors are yet to confirm, says the reports of cybersecurity group Trend Micro and Talent-Jump. Cybersecurity experts claim that no money was stolen in these hacks against the gambling websites. However, hackers have stolen source codes and databases. The motive of the attack was not a cybercrime, but rather espionage intended attack to gain intelligence. According to the experts, a group named ' DRBControl ' is responsible for the cyberattack. According to the reports of Trend Micro, the hacking techniques used in this particular cyberattack incident is similar to methods done by Emissary Panda and Winnti. All of these hacking groups are from China that has launc...

Maze Ransomware Operators Leaked 2GB of Financial Data from Bank of Costa Rica (BCR)

Bank of Costa Rica (BCR) has been receiving threats from the threat actors behind Maze ransomware who have stolen credit card details from the bank, the ransomware gang started publishing the encrypted financial details this week. The Banco de Costa Rica is one of the strongest state-owned commercial banks operated in Costa Rica, starting from humble origins of mainly being a private commercial bank, it expanded to become a currency issuer and one of the most renowned baking firms in Central America contributing largely in the financial development of the nation. The hacker group behind the data leak have demanded a ransom from Banco de Costa Rica at various occasions, however, to their dismay they observed a lack of seriousness in the way the bank dealt with these previous leaks and it served as a primary reason that motivated the latest data leak, according to an interview with Maze ransomware operators. As per the claims made by the attackers, Banco de Costa Rica's netw...

Github Escapes from Octopus Malware that Affected its 26 Software Projects

Github, a platform where every malicious software report is equally different in its place, manages to escape from a malware threat. Github, an organization that united the world's largest community of coders and software developers, revealed that hackers exploited an open-source platform on its website to distribute malware. The hackers used a unique hacking tool that enabled backdoors in each software project, which the hackers used to infiltrate the software systems. "While we have seen many cases where the software supply chain was compromised by hijacking developer credentials or typosquatting popular package names, a malware that abuses the build process and its resulting artifacts to spread is both interesting and concerning for multiple reasons," said Github on its security blog. Fortunately, the hackers attempt to exploit the open-source platform was unsuccessful. Still, if it were, on the contrary, hackers could've secured a position in the softwares, ...

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