CyberWire Daily

This episode features guest Alissa Knight, former hacker and partner at Knight Ink, along with Karl Mattson, CISO from Noname Security, discussing findings on severe API vulnerabilities in U.S. banking applications research that was conducted by Alissa and funded by Noname Security. The research, “Scorched Earth: Hacking Bank APIs,” unveils a number of vulnerabilities in the banking, cryptocurrency exchange, and FinTech industries.In her Money 20/20 keynote presentation entitled “Scorched Earth: Hacking Bank APIs”. In her presentation, Alissa revealed that she was able to gain access to 55 different banks and change PIN codes and move money in and out of accounts. Three lessons learned include: API security vulnerabilities affect all enterprises, API security needs to be operationalized across the enterprise, and API security requires posture management, runtime security, and active testing.Details can be found here: White paper: Hacking Banks and Cryptocurrency Exchanges Through Their APIs Blog post: 3 API Security Lessons from “Scorched Earth: Hacking Bank APIs” Press release: New Research Shows Vulnerabilities in Banking, Cryptocurrency Exchange, and FinTech APIs Allow Unauthorized Transactions and PIN Code Changes of Customers Alissa's presentation at Money 20/20. Learn more about your ad choices. Visit megaphone.fm/adchoices

A large-scale cyberattack against Ukrainian websites looks like an influence operation, and Russian intelligence services are the prime suspects. The FSB raids REvil. The White House Open Source Software Security Summit looks toward software bills of materials. MuddyWater exploits Log4shell. The DPRK is working to steal cryptocurrency. Caleb Barlow shares the consequences of the 3G network shutdown. Our guest is John Lehmann from Intellectual Point with programs that help military veterans transition to the cybersecurity industry. Honor among thieves, and spies.For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/10 Learn more about your ad choices. Visit megaphone.fm/adchoices

A White House government-industry summit today addresses open-source software security. The US officially makes its second attribution of the week to a nation-state: it calls out Iran as the operator of the MuddyWater threat group. Israel arrests five on charges related to spying for Iran (they’re thought to have been recruited through catphishing). Citizen Lab finds Pegasus in Salvadoran phones. Ukraine arrests a ransomware gang. Thomas Etheridge from CrowdStrike on the importance of threat hunting for zero days. Our guest is Dr. David Bader of New Jersey Institute of Technology discussing the challenges of securing massive-scale analytics. And ransomware hits US state and local governments.For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/9 Learn more about your ad choices. Visit megaphone.fm/adchoices

The US issues an alert over the prospect of Russian cyberattacks, and the EU begins a series of stress tests, both in apparent response to concerns over the prospect of a Russian attack on Ukraine. NIST updates its guidance on Engineering Trustworthy Secure Systems. NIght Sky ransomware exploits Log4shell. Phishing afflicts a hotel chain. Carole Theriault examines international efforts to stop digital fraud. Ben Yelin fon Seattle Police Faking Radio Chatter. And we’re shocked, shocked, to learn of fraud and piracy on a social media platform. For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/8 Learn more about your ad choices. Visit megaphone.fm/adchoices

Log4shell as an instance of a more general software supply chain issue. An APT apparently mistakenly infects itself with its own RAT. A new backdoor, SysJoker, is in use in the wild. A warning on commercial surveillance software. A leak investigation continues in Denmark. Joe Carrigan explains bogus QR codes. Our guest is Casey Allen of Concentric on cyber vulnerabilities in automobiles. And, Europol is told it has a year to clear its databases of information on people not involved in crime.For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/7 Learn more about your ad choices. Visit megaphone.fm/adchoices

CISA describes progress toward remediating Log4shell. Other open-source libraries are found to have similar issues, in one case problems deliberately introduced by the developer. Concerns are expressed over undersea cable security. FIN7’s BadUSB campaign. Security questions about another Chinese-made phone. Our guest is Bob Maley from Black Kite on their report - The Government Called, Are You Ready to Answer? Chris Novak from Verizon on PCI 4.0. And Russo-American talks open in Geneva.For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/6 Learn more about your ad choices. Visit megaphone.fm/adchoices

Senior Vice President and Executive in Residence with Rapid7 and Chairman for Cyversity, Julian Waits, grew up in the era of the Justice League and Superman and it shaped his career. Julian always wanted to do something where he could find a way to help society to basically help others. Starting out as a Baptist minister with aspirations of being a professional musician, Julian found it more practical to take some technology classes and practice his saxophone when he had time. His first tech job was at Texaco where he worked on early networks and moved into systems engineering at Compaq. Julian notes his ADD made coding less attractive than talking with others to solve problems and Compaq provided him with opportunities to pivot. Searching out diversity, Julian moved to DC, and had his first taste of startups. He now describes himself as a serial entrepreneur. We thank Julian for sharing his story with us. Learn more about your ad choices. Visit megaphone.fm/adchoices

Guest Rob Boyce, Accenture's Global Lead for Cyber Incident Response and Transformation Services, joins Dave to discuss their research "Karakurt rises from its lair." Accenture Security has identified a new threat group, the self-proclaimed Karakurt Hacking Team, that has impacted over 40 victims across multiple geographies. The threat group is financially motivated, opportunistic in nature, and so far, appears to target smaller companies or corporate subsidiaries versus the alternative big game hunting approach. Based on intrusion analysis to date, the threat group focuses solely on data exfiltration and subsequent extortion, rather than the more destructive ransomware deployment. In addition, Accenture Security assesses with moderate-to-high confidence that the threat group’s extortion approach includes steps to avoid, as much as possible, drawing attention to its activities.The research can be found here:Karakurt rises from its lair Learn more about your ad choices. Visit megaphone.fm/adchoices

Kazakhstan shuts down its Internet as civil unrest continues (and one consequence is a disruption of alt-coin mining in that country). The UK’s NHS warns of unknown threat actors exploiting Log4j bugs in unpatched VMware Horizon servers. In the US, CISA continues to assist Federal agencies with Log4j remediation, and observers call for more Government support of open-source software security. A major provider of school websites is hit with ransomware. Our guest is John Belizaire of Soluna Computing with a new approach to data center efficiency. Thomas Etheridge from CrowdStrike on supply chain risks. And the US extends the deadline to apply for grants in support of rip-and-replace.For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/5 Learn more about your ad choices. Visit megaphone.fm/adchoices

ICS vendors address Log4j vulnerabilities. Regulators and legislators think about addressing issues in the software supply chain. Ransomware gangs were quick to exploit Log4shell. An old, and patched, Windows vulnerability is being exploited by the Malsmoke gang. Social engineering of Google Docs users is up. Mr. Klyshin pleads not guilty. Robert M. Lee from Dragos makes the case for salary transparency. Our guest is George Gerchow from Sumo Logic with new approaches for the modern threat landscape. And call spoofing is making robocalls moderately more plausible.For links to all of today's stories check out our CyberWire daily news briefing:https://thecyberwire.com/newsletters/daily-briefing/11/4 Learn more about your ad choices. Visit megaphone.fm/adchoices