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Written content from the Risky Business Media team

Risky Biz News: REvil returns; Ransomware gangs start adopting Monero

Presented by

Catalin Cimpanu
Catalin Cimpanu

News Editor

This newsletter is brought to you by Airlock Digital, Rumble Network Discovery, Proofpoint, and Thinkst Canary.

The original REvil ransomware cartel has returned and is carrying out new intrusions. The group has already hit and claimed attacks on Oil India, the second-largest oil and gas producer in India, and French marketing firm Visotec.

Initial reporting on the attacks attributed the intrusions to a group using a modified version of the REvil ransomware code. However, earlier today, the original “Happy Blog,” a dark web blog where the REvil gang posted the names of the companies they attacked, came back to life and started redirecting visitors to a new URL listing the two companies listed above.

Srsly Risky Biz: Thursday April 14

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

State coordinated cyber attacks targeting power infrastructure in Ukraine and India are, at first glance, alarming. However, the campaign targeting Ukraine appears to have failed and the preparatory activity targeting India was so noisy it might actually wind up driving meaningfully improved defences there, too. Let's dive in:

Ukraine's CERT announced that it had thwarted a Russian attack on Ukrainian energy infrastructure. Victor Zhora, a top Ukrainian cybersecurity official, said in a Zoom press conference that the malware caused some disruption in one facility, but no customers lost power.

Srsly Risky Biz: Thursday April 7

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

As first reported in Cyberscoop, the Biden administration is reviewing the Trump-era policy that gave US Cyber Command (USCYBERCOM) greater freedoms to pew pew their cyber operations without White House approval.

The policy in question, National Security Presidential Memorandum-13 (NSPM-13), is classified, although The Washington Post reported the intent of the policy was to remove procedural barriers to the authorisation of offensive cyber operations. In other words it would give DoD personnel greater freedom to fire their pew pew cyber cannons without jumping through a series of very complicated, bureaucratic hoops.

Srsly Risky Biz: Thursday March 24

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

SpaceX's CEO Elon Musk has, perhaps without thinking, painted a big fat military target on the company's Starlink satellite service.

Many companies have expressed support for Ukraine by either pulling out of or restricting sales and services to the Russian market. SpaceX has taken a different approach and actively provided extra services to Ukraine. These services are now enabling a lethal military function.

Srsly Risky Biz: Thursday March 17

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

Efforts by American companies to disconnect Russia from the Internet are understandable but ultimately counterproductive. To a degree, they play into Putin's hands.

Two of the world's largest backbone providers, Cogent and Lumen, stopped servicing customers in Russia. Similarly, the London Internet Exchange, one of the world's larger internet exchange points, booted Rostelecom and Megafon (Russia's largest ISP and second largest mobile telco) out of the exchange.

Srsly Risky Biz: Thursday March 10

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

Interesting — but not conclusive — reporting suggests that a destructive cyber incident targeting satellite communications provider ViaSat was aimed at disrupting Ukrainian military communications.

ViaSat suffered network outages on 24 February — the same day as the invasion of Ukraine — on KA-SAT spot beams servicing Eastern Europe including Ukraine. The outages had effects beyond Ukraine, including disconnecting 5,800 wind turbines in Germany from their monitoring system and also affected other customers in Germany, France, Hungary, Greece, Italy and Poland.

Srsly Risky Biz: Thursday March 3

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

There is no evidence that cyber operations have been used effectively in support of conventional military action in Russia's invasion of Ukraine, but the resulting chaos in the cybers is still making life interesting.

There have been many incidents affecting Ukrainian interests that are likely state-directed in support of Russia:

Srsly Risky Biz: Thursday February 24

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

Servers that host data for the International Committee of the Red Cross's (ICRC) Restoring Family Links service were breached in January. The service reunites families and individuals separated by conflict and disaster and the details of the more than half a million people using the service are likely to have been stolen. Who was responsible? And why?

We mentioned this hack briefly two weeks ago when the US State Department warned that it was a "dangerous development" that "harmed the global humanitarian network’s ability to locate missing people and reconnect families".

Srsly Risky Biz: Thursday February 17

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

The leader of the Lurk hacking group, Konstanin Kozlovsky, was sentenced to 14 years in prison in a Yekaterinburg court this week.

At first glance this appears to be more evidence Russia is getting serious about cybercrime. Lurk was a professionally run group that managed to steal USD$45m before most of its members were arrested in 2016. But the history is, err, complicated. Kozlovsky's claims link him to world-changing hacks, criminal activity and treason.

Srsly Risky Biz: Thursday February 10

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.

The US Department of Homeland Security has officially established the Cyber Safety Review Board (CSRB), with its first task to be a review of the Log4j vulnerability and responses to it.

The new organisation is tasked with reviewing cyber security incidents, establishing root causes and providing recommendations to improve security. This CSRB concept is comparable to the NTSB, which investigates civil aviation accidents in the US and issues safety recommendations aimed at preventing future disasters.