Cisco faces fallout from a massive data leak exposing critical files, while China accuses the U.S. of cyber espionage amid rising tech tensions. AI governance sparks debate as Europe enforces strict rules, and ASIC sues HSBC for $23M scam failures. Global cyber affairs take center stage this week.
ASIC is suing HSBC Australia over $23M in scam losses, alleging systemic failures in fraud detection and delays in resolving complaints. Meanwhile, Singapore's proposed anti-scam law aims to freeze accounts of scam victims to prevent further losses, sparking debate on privacy and autonomy.
Broadcom joins Nvidia in the $1 trillion club, reshaping the AI chip race with a 51% revenue surge in Q4 2024 and VMware's $69B acquisition. As China invests $25B to boost semiconductor self-reliance, U.S.-China tensions escalate, redefining global innovation and geopolitical power dynamics.
Palo Alto Networks Discloses PAN-OS Zero-Day Under Attack
A zero-day vulnerability in Palo Alto Networks' PAN-OS, CVE-2024-3400, is under active attack, allowing unauthenticated root access. The flaw affects versions 10.2, 11.0, and 11.1, with patches due by April 14, 2024. Users should enable Threat Prevention ID 95187 or disable telemetry.
Decoding the Zero-Day Exploit in Palo Alto Networks' Firewalls
A zero-day vulnerability in Palo Alto Networks' PAN-OS software, labelled CVE-2024-3400, has been under attack since March 26, 2024, well before it was publicly disclosed.
Users of affected devices should enable Threat Prevention Threat ID 95187 if that is available, otherwise, disable device telemetry until patches are available from the vendor, per vendor instructions.Base Score: 10.0 CRITICAL
This flaw, which received a CVSS severity score of 10.0, allows unauthenticated attackers to run arbitrary commands with root access on affected firewalls.
It affects versions 10.2, 11.0, and 11.1 of the PAN-OS software when configured with GlobalProtect gateway and device telemetry.
This ongoing exploitation, referred to as Operation MidnightEclipse, is being tracked by Palo Alto Networks' Unit 42. It involves a command injection vulnerability that threat actors have used to install a cron job.
This job periodically executes commands from an external server, specifically "172.233.228[.]93/policy" or "172.233.228[.]93/patch", using the bash shell.
"The attackers have meticulously managed an access control list for the command-and-control server to ensure only the targeted device can access it," explains Unit 42’s analysis.
The vulnerable versions are PAN-OS 10.2, 11.0, and 11.1, and fixes for these versions are expected by April 14, 2024. The vendor will implement hotfixes by Sunday with the release of the following versions:
PAN-OS 10.2.9-h1
PAN-OS 11.0.4-h1
PAN-OS 11.1.2-h3
Products like Cloud NGFW, Panorama appliances, and Prisma Access are not affected. An overview of the impact can be seen in the table below:
Meanwhile, a threat researcher named Yutaka Sejiyama recently noted on X, "Scans show there are currently 82,000 exposed devices online that might be vulnerable to CVE-2024-34000, with 40% residing in the United States."
In response to the discovery, Volexity, which detected active exploitation of the flaw, identified a Python-based backdoor being delivered through these attacks.
"The script will then create another thread that runs a function called restore," said a spokesperson from Unit 42.
"The restore function takes the original content of the bootstrap.min.css file, as well as the original access and modified times, sleeps for 15 seconds and writes the original contents back to the file and sets the access and modified times to their originals."
These manoeuvres aim to erase traces of the intrusion, necessitating rapid exfiltration of data within 15 seconds before restoration of the files.
As Volexity pointed out, the threat actor has been able to create a reverse shell, download tools, infiltrate internal networks, and exfiltrate data, although the full scope of the campaign remains unclear.
Australian organizations with a Palo Alto Threat Prevention subscription can defend against this CVE by activating Threat ID 95187, a measure introduced in the latest Applications and Threats content update.
The ACSC is actively monitoring the situation and is prepared to offer support and guidance as needed. Impacted organizations or individuals in need of assistance are encouraged to reach out through the hotline at 1300 CYBER1 (1300 292 371).
Meanwhile, CISA has included this vulnerability in its Known Exploited Vulnerabilities catalogue, compelling federal agencies to implement required patches by April 19 to prevent potential threats. Palo Alto Networks is expected to release a remedial update for this vulnerability by April 14.
China’s "Salt Typhoon" hackers have breached U.S. telecoms, raising cyber tensions. Experts warn of the threat to international stability, emphasizing the need for collaborative strategies to prevent escalation amid ongoing economic competition.
Chinese hackers allegedly breached U.S. telecoms tied to Harris and Trump campaigns, highlighting election security gaps. AI-driven deepfakes and disinformation also surge on social media, raising risks to democracy as voters near Election Day.
CrowdStrike's disastrous July 19 software update crippled Jetstar and exposed vulnerabilities, causing a global IT outage. Competitors like SentinelOne exploited the chaos, shaking customer trust and eroding CrowdStrike's market value by 25%.
This week, the cybersecurity world is in turmoil following a massive data breach at National Public Data. The breach, involving 2.9 billion records, has exposed sensitive information spanning decades.