Hey there, FixMeFans and StartMeStars! We hope everyone is doing well and staying safe. We’re back with another edition of our weekly roundup where we deliver the most recent comings and goings of the cybersecurity world.
This week we’re bringing you news about the recent Twitter hack, how popular video app Tik Tok may be potentially banned in the United States, and how North Korean hackers have been spreading their own strain of ransomware.
Following the Twitter hack that occurred on July 15th, it appears that three suspects have been taken into custody and are now being charged for their alleged roles in the hack.
Compared to other large scale hacks, which often affect thousands of people, this attack only reached a total of 130 twitter accounts – however it’s not the amount of people hacked that made this incident so unusual, but rather its targeting of such high profile accounts.
Even more interesting, is that the mastermind behind the attack, Graham Ivan Clark, is just out of high school, and now faces 30 felony charges for his role in the event.
According to reports, Clark had convinced an information technology employee at Twitter that he was a colleague who needed login credentials to access the company’s customer support platform, thus gaining access to vital information.
If you’ve been following recent statements from President Donald Trump, you’ll know that Tik Tok has been in some hot water lately, largely due to it allegedly being used as spyware for the Chinese government. Despite Trump making moves to ban the app, it appears that many corporations are looking to buy it instead.
With the likes of Microsoft, Google, and Facebook considering taking the app under their wing, it’s uncertain what the future of the app will look like. It is unlikely, however, that a full ban will ever take place, as the process requires more than a simple statement to be fulfilled.
Curious? You can read up on the ongoing situation here.
Lazarus, an elite-hacking group with ties to the North Korean government, has been making waves in the cybercriminal world. Previously linked to large-scale malware attacks such as the infamous WannaCry, it appears that Lazarus has begun releasing its own strain of ransomware.
This new strain of malware, dubbed VHD, is a self-spreading virus that goes after its victims’ login credentials, and once it has gained access it then spreads to lock the system.
Although Lazarus hasn’t used ransomware much in the past, it’s devastating use of WannaCry has cost various industries millions of dollars, which is why researchers are so concerned this time around.
You can read more into the new strain of ransomware here!
That’s all for this week’s roundup folks! We hope you’re staying safe with all that’s going on, especially when it comes to your cybersecurity!