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Cyber Security

Stolen Credentials Selling on the Dark Web for Price of a Gallon of Gas

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HP today released The Evolution of Cybercrime: Why the Dark Web is Supercharging the Threat Landscape and How to Fight Back – an HP Wolf Security Report. The findings show cybercrime is being supercharged through “plug and play” malware kits that make it easier than ever to launch attacks. Cyber syndicates are collaborating with amateur attackers to target businesses, putting our online world at risk.

The HP Wolf Security threat team worked with Forensic Pathways, a leading group of global forensic professionals, on a three-month dark web investigation, scraping and analyzing over 35 million cybercriminal marketplaces and forum posts to understand how cyber criminals operate, gain trust, and build a reputation.

Key findings include:

  • Malware is cheap and readily available – Over three-quarters (76%) of malware advertisements are listed, and 91% of exploits (i.e. code that gives attackers control over systems by taking advantage of software bugs), retail for under $10 USD. The average cost of compromised Remote Desktop Protocol credentials is just $5 USD. Vendors are selling products in bundles, with plug-and-play malware kits, malware-as-a-service, tutorials, and mentoring services reducing the need for technical skills and experience to conduct complex, targeted attacks – in fact, just 2-3% of threat actors today are advanced coders.
  • The irony of ‘honour amongst cyber-thieves’ – Much like the legitimate online retail world, trust and reputation are ironically essential parts of cybercriminal commerce: 77% of cybercriminal marketplaces analyzed require a vendor bond – a license to sell – which can cost up to $3,000. 85% of these use escrow payments, and 92% have a third-party dispute resolution service. Every marketplace provides vendor feedback scores. Cybercriminals also try to stay a step ahead of law enforcement by transferring reputation between websites – as the average lifespan of a dark net Tor website is only 55 days.
  • Popular software is giving cybercriminals a foot in the door – Cybercriminals are focusing on finding gaps in software that will allow them to get a foothold and take control of systems by targeting known bugs and vulnerabilities in popular software. Examples include the Windows operating system, Microsoft Office, web content management systems, and web and mail servers. Kits that exploit vulnerabilities in niche systems command the highest prices (typically ranging from $1,000-$4,000 USD). Zero Days (vulnerabilities that are not yet publicly known) are retailing at 10s of thousands of dollars on dark web markets.

“Unfortunately, it’s never been easier to be a cybercriminal. Complex attacks previously required serious skills, knowledge and resource. Now the technology and training are available for the price of a gallon of gas. And whether it’s having your company ad customer data exposed, deliveries delayed or even a hospital appointment cancelled, the explosion in cybercrime affects us all,” comments report author Alex Holland, the Senior Malware Analyst at HP Inc.

“At the heart of this is ransomware, which has created a new cybercriminal ecosystem rewarding smaller players with a slice of the profits. This is creating a cybercrime factory line, churning out attacks that can be very hard to defend against and putting the businesses we all rely on in the crosshairs,” Holland adds.

HP consulted with a panel of experts from cybersecurity and academia – including ex-black hat hacker Michael ‘Mafia Boy’ Calce and authored criminologist, Dr. Mike McGuire – to understand how cybercrime has evolved and what businesses can do to better protect themselves against the threats of today and tomorrow. They warned that businesses should prepare for destructive data denial attacks, increasingly targeted cyber campaigns, and cyber criminals using emerging technologies like artificial intelligence to challenge organizations’ data integrity. To protect against current and future threats, the report offers up the following advice for businesses:

  1. Master the basics to reduce cybercriminals’ chances: Follow best practices, such as multi-factor authentication and patch management; reduce your attack surface from top attack vectors like email, web browsing and file downloads; and prioritize self-healing hardware to boost resilience.
  2. Focus on winning the game: Plan for the worst; limit the risk posed by your people and partners by putting processes in place to vet supplier security and educate workforces on social engineering; and be process-oriented and rehearse responses to attacks so you can identify problems, make improvements and be better prepared.
  3. Cybercrime is a team sport. Cybersecurity must be, too: Talk to your peers to share threat information and intelligence in real-time; use threat intelligence and be proactive in horizon scanning by monitoring open discussions on underground forums and work with third-party security services to uncover weak spots and critical risks that need addressing.

“We all need to do more to fight the growing cybercrime machine,” says Dr. Ian Pratt, Global Head of Security for Personal Systems at HP Inc. “For individuals, this means becoming cyber aware. Most attacks start with a click of a mouse, so thinking before you click is always important. But giving yourself a safety net by buying technology that can mitigate and recover from the impact of bad clicks is even better.”

“For businesses, it’s important to build resiliency and shut off as many common attack routes as possible,” Pratt continues. “For example, cybercriminals study patches on release to reverse engineer the vulnerability being patched and can rapidly create exploits to use before organizations have patched. So, speeding up patch management is important. Many of the most common categories of threat such as those delivered via email and the web can be fully neutralized through techniques such as threat containment and isolation, greatly reducing an organization’s attack surface regardless of whether the vulnerabilities are patched or not.”

Cyber Security

Positive Technologies Reports 80% of Middle East Cyberattacks Compromise Confidential Data

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A new study by cybersecurity firm Positive Technologies has shed light on the evolving cyber threat landscape in the Middle East, revealing that a staggering 80% of successful cyberattacks in the region lead to the breach of confidential information. The research, examining the impact of digital transformation, organized cybercrime, and the underground market, highlights the increasing exposure of Middle Eastern nations to sophisticated cyber threats.

The study found that one in three successful cyberattacks were attributed to Advanced Persistent Threat (APT) groups, which predominantly target government institutions and critical infrastructure. While the rapid adoption of new IT solutions is driving efficiency, it simultaneously expands the attack surface for malicious actors.

Cybercriminals in the region heavily utilize social engineering tactics (61% of cases) and malware (51%), often employing a combination of both. Remote Access Trojans (RATs) emerged as a primary weapon in 27% of malware-based attacks, indicating a common objective of gaining long-term access to compromised systems.

The analysis revealed that credentials and trade secrets (29% each) were the most sought-after data, followed by personal information (20%). This stolen data is frequently leveraged for blackmail or sold on the dark web. Beyond data theft, 38% of attacks resulted in the disruption of core business operations, posing significant risks to critical sectors like healthcare, transportation, and government services.

APT groups are identified as the most formidable threat actors due to their substantial resources and advanced technical capabilities. In 2024, they accounted for 32% of recorded attacks, with a clear focus on government and critical infrastructure. Their activities often extend beyond traditional cybercrime, encompassing cyberespionage and even cyberwarfare aimed at undermining trust and demonstrating digital dominance.

Dark web analysis further revealed that government organizations were the most frequently mentioned targets (34%), followed by the industrial sector (20%). Hacktivist activity was also prominent, with ideologically motivated actors often sharing stolen databases freely, exacerbating the cybercrime landscape.

The United Arab Emirates, Saudi Arabia, Israel, and Qatar, all leaders in digital transformation, were the most frequently cited countries on the dark web in connection with stolen data. Experts suggest that the prevalence of advertisements for selling data from these nations underscores the challenges of securing rapidly expanding digital environments, which cybercriminals are quick to exploit.

Positive Technologies analyst Alexey Lukash said, “In the near future, we expect cyberthreats in the Middle East to grow both in scale and sophistication. As digital transformation efforts expand, so does the attack surface, creating more opportunities for hackers of all skill levels. Governments in the region need to focus on protecting critical infrastructure, financial institutions, and government systems. The consequences of successful attacks in these areas could have far-reaching implications for national security and sovereignty.”

To help organizations build stronger defenses against cyberthreats, Positive Technologies recommends implementing modern security measures. These include vulnerability management systems to automate asset management, as well as identify, prioritize, and remediate vulnerabilities. Positive Technologies also suggests using network traffic analysis tools to monitor network activity and detect cyberattacks. Another critical layer of protection involves securing applications. Such solutions are designed to identify vulnerabilities in applications, detect suspicious activity, and take immediate action to prevent attacks.

Positive Technologies emphasizes the need for a comprehensive, result-driven approach to cybersecurity. This strategy is designed to prevent attackers from disrupting critical business processes. Scalable and flexible, it can be tailored to individual organizations, entire industries, or even large-scale digital ecosystems like nations or international alliances. The goal is to deliver clear, measurable results in cybersecurity—not just to meet compliance standards or rely on isolated technical fixes.

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Cyber Security

Axis Communications Sheds Light on Video Surveillance Industry Perspectives on AI

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Axis Communications has published a new report that explores the state of AI in the global video surveillance industry. Titled The State of AI in Video Surveillance, the report examines the key opportunities, challenges and future trends, as well as the responsible practices that are becoming critical for organisations in their use of AI. The report draws insights from qualitative research as well as quantitative data sources, including in-depth interviews with carefully selected experts from the Axis global partner network.

A leading insight featured in the report is the unanimous view among interviewees that interest in the technology has surged over the past few years, with more and more business customers becoming curious and increasingly knowledgeable about its potential applications.

Mats Thulin, Director AI & Analytics Solutions at Axis Communications

“AI is a technology that has the potential to touch every corner and every function of the modern enterprise. That said, any implementations or integrations that aim to drive value come with serious financial and ethical considerations. These considerations should prompt organisations to scrutinise any initiative or investment. Axis’s new report not only shows how AI is transforming the video surveillance landscape, but also how that transformation should ideally be approached,” said Mats Thulin, Director AI & Analytics Solutions at Axis Communications.

According to the Axis report, the move by businesses from on-premise security server systems to hybrid cloud architectures continues at pace, driven by the need for faster processing, improved bandwidth usage and greater scalability. At the same time, cloud-based technology is being combined with edge AI solutions, which play a crucial role by enabling faster, local analytics with minimal latency, a prerequisite for real-time responsiveness in security-related situations.

By moving AI processing closer to the source using edge devices such as cameras, businesses can reduce bandwidth consumption and better support real-time applications like security monitoring. As a result, the hybrid approach is expected to continue to shape the role of AI in security and unlock new business intelligence and operational efficiencies.

A trend that is emerging among businesses is the integration of diverse data for a more comprehensive analysis, transforming safety and security. Experts predict that by integrating additional sensory data, such as audio and contextual environmental factors caught on camera, can lead to enhanced situational awareness and greater actionable insights, offering a more comprehensive understanding of events.

Combining multiple data streams can ultimately lead to improved detection and prediction of potential threats or incidents. For example, in emergency scenarios, pairing visual data with audio analysis can enable security teams to respond more quickly and precisely. This context-aware approach can potentially elevate safety, security and operational efficiency, and reflects how system operators can leverage and process multiple data inputs to make better-informed decisions.

According to the Axis report, interviewees emphasised that responsible AI and ethical considerations are critical priorities in the development and deployment of new systems, raising concerns about decisions potentially based on biased or unreliable AI. Other risks highlighted include those related to privacy violations and how facial and behavioural recognition could have ethical and legal repercussions.

As a result, a recurring theme among interviewees was the importance of embedding responsible AI practices early in the development process. Interviewees also pointed to regulatory frameworks, such as the EU AI Act, as pivotal in shaping responsible use of technology, particularly in high-risk areas. While regulation was broadly acknowledged as necessary to build trust and accountability, several interviewees also stressed the need for balance to safeguard innovation and address privacy and data security concerns.

“The findings of this report reflect how enterprises are viewing the trend of AI holistically, working to have a firm grasp of both how to use the technology effectively and understand the macro implications of its usage. Conversations surrounding privacy and responsibility will continue but so will the pace of innovation and the adoption of technologies that advance the video surveillance industry and lead to new and exciting possibilities,” Thulin added.

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Artificial Intelligence

CyberKnight Partners with Ridge Security for AI-Powered Security Validation

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The automated penetration testing market was valued at roughly $3.1 billion in 2023 and is projected to grow rapidly, with forecasts estimating a compound annual growth rate (CAGR) between 21% and 25%. By 2030, the sector is expected to reach approximately $9 to $10 billion. The broader penetration testing industry is also expanding, with projections indicating it will surpass $5.3 billion by 2027, according to MarketandMarket.

To support enterprises and government entities across the Middle East, Turkey and Africa (META) with identifying and validating vulnerabilities and reducing security gaps in real-time, CyberKnight has partnered with Ridge Security, the World’s First Al-powered Offensive Security Validation Platform. Ridge Security’s products incorporate advanced artificial intelligence to deliver security validation through automated penetration testing and breach and attack simulations.

RidgeBot uses advanced AI to autonomously perform multi-vector iterative attacks, conduct continuous penetration testing, and validate vulnerabilities with zero false positives. RidgeBot has been deployed by customers worldwide as a key element of their journey to evolve from traditional vulnerability management to Continuous Threat Exposure Management (CTEM).

“Ridge Security’s core strength lies in delivering holistic, AI-driven security validation that enables organizations to proactively manage risk and improve operational performance,” said Hom Bahmanyar, Chief Enablement Officer at Ridge Security. “We are delighted to partner with CyberKnight to leverage their network of strategic partners, deep-rooted customer relations, and security expertise to accelerate our expansion plans in the region.”

“Our partnership with Ridge Security is a timely and strategic step, as 69% of organizations are now adopting AI-driven security for threat detection and prevention,” added Wael Jaber, Chief Strategy Officer at CyberKnight. “By joining forces, we enhance our ability to deliver automated, intelligent security validation solutions, reaffirming our commitment to empowering customers with resilient, future-ready cybersecurity across the region.”

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