Newsletters

Written content from the Risky Business Media team

Starlink an Internet Lifeline for Scam Compounds

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Starlink is being used to keep forced labour scam compounds in Myanmar online after their internet access was cut by Thai authorities, according to a report in Wired

We'd love Starlink's parent company SpaceX to do something about this, but we're not holding our breath.

In Southeast Asia hundreds of thousands of people are forced by organised criminal gangs to carry out so-called "pig butchering" scams. These modern slavery compounds cause immense human suffering and generate billions of dollars of annual revenue. 

Risky Bulletin: nRootTag turns any Bluetooth device into an AirTag

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

A team of academics has found a way to remotely turn any Bluetooth-capable device into an AirTag tracker.

The technique is named nRootTag and abuses how Apple's FindMy network indexes AirTags and searches for tracked or lost devices.

In normal circumstances, when a user pairs an AirTag to their account, Apple takes the AirTag's Bluetooth signal and generates a cryptographic private-public key pair. When the user wants to find the AirTag's location, the FindMy network queries for the public key associated with that Bluetooth signal and then notifies the owner of its location.

Risky Bulletin: Trump administration stops treating Russian hackers as a threat

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

The Trump administration has sent memos to CISA and US Cyber Command instructing cybersecurity staff to stop treating Russian hackers as a threat and halt operations targeting Russia.

Both orders were issued around two weeks ago but were only first reported publicly on Friday.

In the first order, Defense Secretary Pete Hegseth ordered Cyber Command to shut down any operations targeting Russia.

Risky Bulletin: Cellebrite bans bad boy Serbia

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

Israeli hacking tools maker Cellebrite has banned the Serbian government from using its products, citing misuse of its technology.

The company's decision comes after an Amnesty International report last December accused Serbian law enforcement of using Cellebrite tools to unlock phones and install spyware on the devices of anti-government dissidents and journalists.

Amnesty says this usually happened while victims were being interrogated by police. Their phones were taken away and then returned to them with spyware installed.

Canada's Expulsion From Five Eyes Would Be a Disaster

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

The Financial Times has reported that Peter Navarro, one of President Trump's closest advisors, is pushing for the US to remove Canada from the Five Eyes intelligence alliance.

Trump has said he wants to make Canada the 51st American state amid a tariff dispute. Per the FT:

Navarro did not respond to Financial Times requests for comment, but denied pushing the idea after the article was published. Per The Hill

Risky Bulletin: Signal threatens to leave Sweden over backdoor request

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

Signal Foundation president Meredith Whittaker says the secure messaging app will leave Sweden if the government there passes a new surveillance bill.

The Swedish government is scheduled to discuss a bill next month that would force communication providers to allow police and security services access to message content.

Whittaker told Swedish national public television SVT that adding such a backdoor would undermine its entire network and users across the world, not just in Sweden.

Risky Bulletin: North Korean hackers steal $1.5 billion from Bybit

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

North Korean hackers have stolen over $1.5 billion worth of crypto assets from Bybit, the world's second-largest cryptocurrency exchange.

The incident represents the largest crypto-heist in history (and the largest heist of any kind as well) and is almost 2.5 times larger than the previous leader—the theft of $625 million from the Ronin Network in April 2022.

The hack took place on Friday, February 21, and is considered one of the most complex crypto-heists ever pulled.

Risky Bulletin: BlackBasta implodes, internal chats leak online

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

Internal strife and conflicts appear to have led to the implosion of another successful Ransomware-as-a-Service platform—this time, BlackBasta, one of last year's most active ransomware groups.

Everything came crashing down last week when one of the BlackBasta members leaked the group's internal Matrix chat logs on the dark web.

The leaker said they shared the data after one of the BlackBasta affiliates launched brute-force attacks targeting Russian banks—a move the leaker didn't agree with because they feared it would trigger an aggressive response from Russian authorities.

Why America Needs Its Own Salt Typhoon

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

US Senator Mark Warner has floated an idea to deal with Salt Typhoon's compromise of US telecommunications networks, basically telling China: get out of our networks or we'll hack yours.

Essentially, Warner’s comments imply that the threat of US hacking could force an understanding between the two nations to stay out of each other's telcos. 

However, we believe the US would be better off just pulling the trigger on its own, similar campaign if it hasn't already. 

Risky Bulletin: It's probably not a good idea to pay RansomHub

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

A recent CISA report and a series of tweets from Equinix threat intel analyst Will Thomas made me realize that quite a few infosec and adjacent cybersecurity experts are not fully aware that paying ransoms to a rising ransomware crew named RansomHub carries quite a high risk of breaking US sanctions.

The group launched in February 2024, when it started advertising its Ransomware-as-a-Service offering in underground hacking forums.

They got incredibly lucky because, just three weeks later, law enforcement agencies across the globe dismantled LockBit, which was, at the time, the largest RaaS platform on the market.