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Cybersecurity: The good, the bad, the ugly – know it all

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TLDR:

  • Dark marketplace operators face life sentences for over $430 million in illicit transactions.
  • Chinese-linked threat actor targeted zero-day vulnerabilities in Fortinet, Ivanti, and VMware devices for cyber espionage campaigns.

In Week 25 of cyber security, two operators of Empire Market, a dark web marketplace, are facing life imprisonment for facilitating over 4 million transactions involving malware, stolen data, drugs, and counterfeit money, amounting to over $430 million in illicit profit. On the other hand, a Chinese-linked threat actor known as UNC3886 has been exploiting zero-day vulnerabilities in network devices from Fortinet, Ivanti, and VMware to gain persistent access to compromised systems for cyber espionage campaigns. Additionally, a suspected ransomware attack on SaaS platform CDK Global led to the shutdown of 15,000 car dealerships across the U.S., causing widespread outages and disruptions with no estimated time frame for resolution. Organizations are urged to enhance their security measures to protect against advanced threats.

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