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Cyber Monitoring #4 (April 2022)

FBI Warns of BlackCat Ransomware That Breached Over 60 Organisations Worldwide: The U.S. Federal Bureau of Investigation (FBI) is sounding the alarm on the BlackCat ransomware-as-a-service (RaaS), which it said victimized at least 60 entities worldwide between as of March 2022 since its emergence last November. Also called ALPHV and Noberus, the ransomware is notable for being the first-ever malware written in the Rust programming language, which is known to be memory safe and offer improved performance.

Iranian Hackers Exploiting VMware RCE Bug to Deploy ‘Core Impact’ Backdoor: An Iranian-linked threat actor known as Rocket Kitten has been observed actively exploiting a recently patched VMware vulnerability to gain initial access and deploy the Core Impact penetration testing tool on vulnerable systems.

Five Eyes Nations Warn of Russian Cyber Attacks Against Critical Infrastructure: The Five Eyes nations have released a joint cybersecurity advisory warning of increased malicious attacks from Russian state-sponsored actors and criminal groups targeting critical infrastructure organizations amidst the ongoing military siege on Ukraine.

Why EU Decided Tech Giants Can’t Police Social Media: After more than a year of internal wrangling, the European Union finalized legislation that, according to Facebook whistle-blower Frances Haugen, could represent a “global gold standard” for regulating social media.

How Macron and Le Pen’s pledges for tech, cybersecurity, and social media compare: The French tech scene is proving to be a key battleground in the upcoming second round of the country’s presidential election, which sees far-right candidate Marine Le Pen face off with centre-right incumbent President Emmanuel Macron on Sunday.
The French tech ecosystem ranks third in Europe in terms of fundraising behind the United Kingdom and Germany, so the presidential hopefuls must get it right in order to continue the cycle of growth.