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Daily Cybersecurity Roundup, March 24, 2022

Updated: Mar 26, 2022

Finally! Researchers seem to have made the first breakthrough on the activities of the Lapsus$ group; they identified a 16-year-old hacker from England. New twists and turns in the cyber dimension of the Ukraine-Russia conflict as the former reported another wave of wiper malware attacks. Meanwhile, the U.S. energy sector has been warned of impending attacks as Russian actors seem to have scanned some critical infrastructure entities. On that account, let’s see the top trending news for the day.

Top 10 hacking news

  1. CERT-UA highlighted a fourth wiper attack, dubbed DoubleZero, against Ukrainian organizations in an attempt to disrupt the regular IT operations in the country.

  2. Check Point Research disclosed a rapid surge in attacks aimed at NATO countries with a 116% rise in Chinese IP addresses and 72% worldwide.

  3. ESET stumbled across an ongoing cyberespionage campaign by Mustang Panda APT that exploits the Ukraine-Russia war and other European news subjects.

  4. An FBI advisory claimed that Russian hackers have reportedly scanned five energy companies for security flaws, and at least 18 different organizations in financial services and the defense sector.

  5. European charity groups, working to help Ukrainian refugees flee for safety, continue to be on the radar of Russian cybercriminals. Over 3.5 million people have left Ukraine, as per records.

  6. Researchers traced the attacks by the Lapsus$ extortion group, that recently targeted Microsoft, Okta, and NVIDIA, to a 16-year-old living with his mother in England.

  7. According to the FBI’s IC3, approximately $7 billion was lost via internet crimes in 2021, over a 300% rise compared to the losses in 2020 that stood at roughly $1.7 billion.

  8. A Russian cybercriminal, involved in trading tens of thousands of stolen account records, was added to the FBI's Cyber Most Wanted List on charges of wire fraud, access device fraud, and aggravated identity theft

  9. Theta Lake, a compliance and security solutions provider for collaboration platforms, raised $50 million in a Series B round led by Battery Ventures, with participation from Lightspeed Venture Partners and others.

  10. MixMode, a real-time cyberattack detection firm, secured $45 million in Series B funding led by PSG, with participation from existing investor Entrada Ventures.

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