How Cybercriminals are Exploiting India’s UPI for Money Laundering Operations

[ad_1] Cybercriminals are using a network of hired money mules in India using an Android-based application to orchestrate a massive money laundering scheme. The malicious application, called XHelper, is a “key tool for onboarding and managing these money mules,” CloudSEK researchers Sparsh Kulshrestha, Abhishek Mathew, and Santripti Bhujel said in a report. Details about the…

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From 500 to 5000 Employees

[ad_1] Mar 04, 2024The Hacker NewsSaaS Security / Vulnerability Assessment A company’s lifecycle stage, size, and state have a significant impact on its security needs, policies, and priorities. This is particularly true for modern mid-market companies that are either experiencing or have experienced rapid growth. As requirements and tasks continue to accumulate and malicious actors…

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Phobos Ransomware Aggressively Targeting U.S. Critical Infrastructure

[ad_1] U.S. cybersecurity and intelligence agencies have warned of Phobos ransomware attacks targeting government and critical infrastructure entities, outlining the various tactics and techniques the threat actors have adopted to deploy the file-encrypting malware. “Structured as a ransomware as a service (RaaS) model, Phobos ransomware actors have targeted entities including municipal and county governments, emergency…

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