Coping with Silicon Valley Bank's collapse. BatLoader's abuse of Google Search Ads. More on Emotet’s re-emergence. Medusa rising. NetWire collared. More-or-less quiet on the cyber front.

Coping with Silicon Valley Bank's collapse. BatLoader's abusing Google Search Ads. More on Emotet’s re-emergence. Reflections on Medusa rising. An international law enforcement action against NetWire. Rob Shapland from Falanx Cyber on ethical hacking and red teaming. Bryan Ware from LookingGlass looks at exploited vulnerabilities in the US financial sector. And in Ukraine, it’s more-or-less quiet on the cyber front (but in Estonia and Georgia, not so much).

For links to all of today's stories check out our CyberWire daily news briefing:

https://thecyberwire.com/newsletters/daily-briefing/12/48

Selected reading.

One of Silicon Valley's top banks fails; assets are seized (AP NEWS)

US, UK try to stem fallout from Silicon Valley Bank collapse (AP NEWS)

In abrupt reversal, regulators to cover Silicon Valley Bank, Signature uninsured deposits (American Banker)

Silicon Valley Bank collapse will not trigger new financial crisis, insists Sunak (The Telegraph)

‘Banking system is safe’: Joe Biden reassures markets in address on Silicon Valley Bank collapse – live updates (the Guardian) 

BatLoader Continues to Abuse Google Search Ads to Deliver Vidar Stealer and Ursnif (eSentire) 

BATLOADER Malware Uses Google Ads to Deliver Vidar Stealer and Ursnif Payloads (The Hacker News) 

Emotet Again! The First Malspam Wave of 2023 (Deep Instinct) 

Emotet attempts to sell access after infiltrating high-value networks (SC Media) 

Medusa ransomware gang picks up steam as it targets companies worldwide (BleepingComputer)

Alleged seller of NetWire RAT arrested in Croatia (Help Net Security)

FBI and international cops catch a NetWire RAT (Register)

How the FBI proved a remote admin tool was actually malware (TechCrunch)

Estonia’s Election Was More Than Just a Win for Kallas (World Politics Review) 

Estonian official says parliamentary elections were targeted by cyberattacks (Record)

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