Here’s the latest cybersecurity, cybercrime, and cyber intelligence news compiled by the nation’s most reputable security companies and research facilities.

Views expressed in this security update are those of the reporters and correspondents.

Accessed on 19 January 2022, 1416 UTC.

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FIN8 Hackers Spotted Using New ‘White Rabbit’ Ransomware in Recent Attacks
The financially motivated FIN8 actor, in all likelihood, has resurfaced with a never-before-seen ransomware strain called “White Rabbit” that was recently deployed against a local bank in the U.S. in December 2021. That’s according to new findings published by Trend Micro, calling out the malware’s overlaps with Egregor, which was taken down by Ukrainian law enforcement authorities in February
Box flaw allowed to bypass MFA and takeover accounts
A vulnerability in the implementation of multi-factor authentication (MFA) for Box allowed threat actors to take over accounts. A vulnerability in the implementation of multi-factor authentication (MFA) for Box allowed attackers to take over accounts without having access to the victim’s phone, Varonis researchers reported. Box develops and markets cloud-based content management, collaboration, a

TODAY

Zero Trust Network Access Provider Banyan Security Raises $30 Million
Zero trust network access (ZTNA) solutions provider Banyan Security on Tuesday announced that it has raised $30 million in Series B funding, which brings the total raised by the company to $47 million. The funding round was led by Third Point Ventures, with participation from Alter Venture Partners, SIG, Shasta Ventures, and Unusual Ventures. read more