Welcome to this week’s Cyber Threat Intelligence Summary, where we bring you the latest updates and insights on significant cyber threats. This edition covers a supply-chain attack conducted using Trojanized jQuery, the sale of fake Olympic Games tickets, and a phishing campaign targeting banking users in India.

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Sygnum, a global digital asset banking group founded in Switzerland, is launching Sygnum Connect – their new, 24/7 instant settlement network for fiat, digital assets, and stablecoin transactions. Aimed at institutional investors, liquidity providers, stablecoin issuers, brokers, exchanges, and more, Sygnum Connect launches with connectivity to 200+ Sygnum institutional clients. Sygnum has tapped Fireblocks to provide the fiat settlement infrastructure for Connect.

Despite first appearing earlier this year, RansomHub is already considered one of the most prolific ransomware groups in existence. It operates a ransomware-as-a-service (RaaS) operation, meaning that a central core of the group creates and maintains the ransomware code and infrastructure, and rents it out to other cybercriminals who act as affiliates.

Of course, everyone wants to dominate the SERPs. It’s a no-brainer! Want to know one of my favorite ways to achieve better rankings? Yup, web scraping! Web scraping is particularly useful for SEO; not only is it very cheap, but it allows you to access hyper-specific data that sometimes is not even visible through SEMRush’s or Ahrefs’ databases. Keep in mind anyone can disallow these two bots (and any bot actually) via their robots.txt.

According to Vanta’s 2023 State of Trust Report, respondents spend an average of nine working weeks per year on security compliance. ‍ Some security teams have accepted that governance, risk, and compliance (GRC) will inevitably take tons of time and effort. And many continue to work towards small-scale efficiencies because they don’t believe anything better is possible. ‍ But there’s a better option for today’s businesses: GRC automation.

Risk management has always been a central part of business, especially for financial institutions. From bank loan underwriting to insurance premium calculations and payment risk assessment, comprehensive risk management methodologies are vital to any business that deals with high-trust user actions. In particular, risk management is crucial to combating fraud – a huge global problem, the broad economic impact of which is clear.

Encryption is a fundamental procedure in cybersecurity that transforms data into a coded format, making it inaccessible to unauthorized users. It has evolved significantly from simple ciphers in ancient times to complex algorithms like AES (Advanced Encryption Standard) and RSA (Rivest-Shamir-Adleman), which are used today. Encryption ensures data confidentiality, integrity, and authenticity, which is crucial in protecting sensitive information across various domains.

Transitioning from legacy vulnerability management tools to modern solutions like Tanium offers improved endpoint visibility, cost savings, streamlined operations, real-time data, and automated remediation, enhancing overall cybersecurity posture.