Tag Archive for: Moves

Scattered Spider traps 100+ victims in its web as it moves into ransomware • The Register


Scattered Spider, the crew behind at least one of the recent Las Vegas casino IT security breaches, has already hit some 100 organizations during its so-far brief tenure in the cybercrime scene, according to Mandiant.

Further, as also witnessed in the ongoing MGM Resorts network outage, the gang, known for its social-engineering-based attacks, is now throwing data-stealing ransomware at victims, too.

In its analysis this week into Scattered Spider’s evolving tactics, Mandiant says the “expansion in the group’s monetization strategies” began in mid-2023. That write-up should be useful for IT defenders: it details mitigations, advice, and indicators of compromise to look out for.

The Google-owned threat intel firm tracks Scattered Spider as UNC3944. Its comments on the crime gang are significant because Mandiant is one the top incident response teams called in to clean up the messes made by such high-profile intruders.

“These changes in their end goals signal that the industries targeted by UNC3944 will continue to expand,” the analysis says. “Mandiant has already directly observed their targeting broaden beyond telecommunication and business process outsourcer (BPO) companies to a wide range of industries including hospitality, retail, media and entertainment, and financial services.”

Scattered Spider, which has been around for about two years, is a US-UK-based Lapsus$-like gang that specializes in SMS phishing and phone-based social engineering that it uses to steal login credentials belonging to employees of targeted organizations or otherwise ultimately sneak into IT networks of its targets without permission.

In one of the group’s first major phishing campaigns in 2022, dubbed Oktapus, the criminals initially went after employees of Okta customers, targeting as many as 135 orgs — IT, software development and cloud services providers based in the US.

First, Scattered Spider sent text messages to the employees with malicious links to sites spoofing their company’s authentication page. This allowed the gang to steal some 9,931 user credentials and 5,441 multi-factor authentication codes, we’re told.

Just last month, the crew targeted more Okta customers, this…

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Israeli protesters block highways, train stations as Netanyahu moves ahead with judicial overhaul


JERUSALEM — Tens of thousands of protesters on Tuesday blocked highways and train stations and massed in central Tel Aviv during a day of countrywide demonstrations against Prime Minister Benjamin Netanyahu’s contentious judicial overhaul plan.

The protests, now in their seventh month, have taken on a sense of urgency in recent days as Netanyahu and his allies in parliament march ahead with the program. The first bill in the package – a measure that seeks to limit the Supreme Court’s oversight powers – could become law as soon as next week.

The unrest also cast a shadow over a visit to the White House by Israel’s figurehead president, Isaac Herzog, who was invited to Washington to celebrate Israel’s 75th anniversary.

In a meeting with Biden in the Oval Office, Herzog acknowledged that Israel was “going through a heated debate as a society.” But he said that debate shows that Israeli society is “strong and resilient.” He added that the country should seek an “amicable consensus.”

Biden, who has criticized the overhaul plan, said that the U.S. commitment to Israel was strong and the bond between the two countries was “unbreakable.”

Netanyahu and his allies say the overhaul is needed to rein in the powers of an unelected judiciary – particularly the Supreme Court – that they believe is overly interventionist in government decisions.

Their opponents, representing a wide cross section of Israeli society, say the plan is a power grab by Netanyahu and his ultranationalist and ultra-Orthodox allies that will destroy the country’s fragile system of checks and balances. They also say the prime minister, who is on trial for corruption charges, and his allies are motivated by various grievances against the justice system.

Late Tuesday, protesters thronged outside the U.S. diplomatic offices, packed the central square of Tel Aviv and crippled the city’s main highway. Police on horseback galloped among the crowds, trying to clear them away.

Earlier, protesters gathered…

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Key Moves in OC Executive Ranks


It’s a season of change for Orange County tech company leaders, ranging from chipmaker Syntiant Corp. to internet security firm SecureAuth Corp. and the rebranded Mobilitie, among others.

Upstart Syntiant, led by Chief Executive Kurt Busch and with more than $120 million in funds raised since its founding in 2017, said May 31 it had added four new members to its advisory board, bringing its ranks to 10.

The newcomers include Greg Fischer, a board member at Semtech Corp. (Nasdaq: SMTC), a Camarillo-based provider of chips and high-tech services.

Meanwhile, Semtech itself is the next stop for Paul Pickle, who will become the company’s CEO this month after leaving computer components maker Lantronix Inc. (Nasdaq: LTRX) in Irvine.

Pickle is joining a much larger company; Semtech has a market cap of about $1.4 billion, while Lantronix’s market value is about $155 million.

A Lantronix spokesperson said “he is staying in Irvine” when asked whether Pickle will be relocating to Camarillo.

Of note, Busch previously served as the CEO and president of Lantronix, a provider of secure data access and management solutions for IoT and IT applications, prior to founding Syntiant.

Another addition to the Syntiant board is Magnus Eberstedt, the dean of the Henry Samueli School of Engineering at University of California, Irvine (for more, see the June 5 print edition). Busch studied at the school on his way to a bachelor of science degree in electrical engineering in 1993.

CalAmp

Also in Irvine, vehicle tracking and management company CalAmp Corp. (Nasdaq: CAMP) said CEO Jeff Gardner will step down by Oct. 30, and it’s started a search for his successor.

Gardner was appointed CalAmp’s president and CEO almost three years ago, and last year faced a potential board shakeup. The company’s shares were trading at $1.78 apiece as of June 1, down from $7.30 apiece as of a year ago, giving it a valuation of about $77 million.

“During his tenure, the company’s leadership team has been strengthened, CalAmp has exited or monetized certain non-strategic businesses and the cost structure has been optimized,” the company said in a statement.

Mobilitie Rebrand

Major changes are also coming to…

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