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Reading: Budworm Group Targets Middle Eastern Telco Company – September 29th
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Reading: Budworm Group Targets Middle Eastern Telco Company – September 29th
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One Minute RoundupNews

Budworm Group Targets Middle Eastern Telco Company – September 29th

David
September 29, 2023 at 9:17 AM
By David David
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The Daily Decrypt - One Minute Roundup
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The Daily Decrypt - One Minute Roundup

Budworm takes a backdoor into Middle Eastern and Asian organizations

Chinese hacker group Budworm has been using cyber-espionage malware to target a telecommunications company in the Middle East and an Asian government organization.

Reports say attacks have been orchestrated through a new variant of the group’s SysUpdate backdoor malware, and that telecommunication companies have become a common target for hacking groups.

12 threat actors face the law for malware-related theft

Singaporean police have arrested 12 men for their alleged involvement in a recent spate of banking-related malware cases. It is suspected that victims were fooled into downloading malicious content under the pretext of paying for bogus products or services, according to reports.

The men are aged between 21 and 36 and their arrest was accompanied by the seizing of two laptops, 23 mobile devices, $13,000, 32 bank cards, and a knife.

Salaries of staff serving 21 schooling districts halted by a ransomware attack

Ransomware attacks have impacted the data processing services of 21 Pinal County school districts in Arizona, according to reports.

This has put the salaries of employees in the 21 districts in jeopardy. Authorities are working around the clock to restore access to data for the various districts.

TAGGED: banking, government, singapore, asia, middle east, Cybersecurity, chinese, Ransomware, telco, china, sysupdate, malware, pinal county school districts, cyber espionage, arizona
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