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Cryptominers & Botnets: Darktrace End of Year Threat Report Sees Shifting Threats as MaaS and RaaS Dominate

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Darktrace, a global leader in cyber security AI, has today released its 2023 End of Year Threat Report, identifying the key threats and attack methods facing businesses observed across the past 6 months. These insights, observed by Darktrace’s unique Self-Learning AI across its customer fleet, shed light on rapid shifts in the cyber security landscape and new techniques adopted by attackers attempting to sidestep traditional defences.
The findings show that as-a-Service attacks continue to dominate the threat landscape, with Malware-as-a-Service (MaaS) and Ransomware-as-a-Service (RaaS) tools making up the majority of malicious tools in use by attackers. As-a-Service tools can provide attackers with everything from pre-made malware to templates for phishing emails, payment processing systems and even helplines to enable criminals to mount attacks with limited technical knowledge.
The most common as-a-Service tools Darktrace saw in use from July to December 2023 were:

Malware loaders (77% of investigated threats1), which can deliver and execute other forms of malware and enable attackers to repeatedly target affected networks.
Cryptominers (52% of investigated threats), which use an infected device to mine for cryptocurrency.
Botnets (39% of investigated threats), enrol users in wider networks of infected devices, which attackers then leverage in larger-scale attacks on other targets.
Information-stealing malware (36% of investigated threats), malicious software like spyware or worms, designed to secretly access and collect sensitive data from a victim’s computer or network.
Proxy botnets (15% of investigated threats), more sophisticated botnets that use proxies to hide the true source of their activity.

The report also reveals a changing of the guard. In its First 6: Half-Year Threat Report, Darktrace identified Hive ransomware as one of the major Ransomware-as-a-Service attacks at the beginning of 2023. With the dismantling of Hive by the US government in January 2023, Darktrace observed the rapid growth of a range of threats filling the void, including ScamClub, a malvertising actor notorious for spreading fake virus alerts to notable news sites, and AsyncRAT, responsible for attacking US infrastructure employees in recent months.
Attackers shift to advanced solutions to bypass conventional security measures
As businesses continue to rely on email and collaboration tools for communication, methods such as phishing continue to cause a headache for security teams. Darktrace detected 10.4 million phishing emails across its customer fleet between the 1st September and the 31st December 2023. But the report also highlights how cybercriminals are embracing more sophisticated tools and tactics designed to evade traditional security parameters. One example is the rise of Microsoft Teams phishing in which attackers contact employees through Teams, posing as a co-worker and tricking them into clicking malicious links. In one case in September 2023, Darktrace identified a suspected Teams phisher attempting to trick users into clicking a SharePoint link that would download the DarkGate malware and deploy further strains of malware across the network.
Another new trend identified is the growth of malware developed with multiple functions to inflict maximum damage. Often deployed by sophisticated groups like cyber cartels, these Swiss Army knife-style threats combine capabilities. For example, the recent Black Basta ransomware also spreads the Qbot banking trojan for credential theft. Such multi-tasking malware lets attackers cast a wide net to monetise infections.
“Throughout 2023, we observed significant development and evolution of malware and ransomware threats, as well as changing attacker tactics and techniques resulting from innovation in the tech industry at large, including the rise in generative AI. Against this backdrop, the breadth, scope, and complexity of threats facing organizations has grown significantly,” comments Hanah Darley, Director of Threat Research, Darktrace. “Security teams face an up-hill battle to stay ahead of attackers, and need a security stack that keeps them ahead of novel attacks, not chasing yesterday’s threats.”
Download the 2023 End of Year Threat Report at darktrace.com/threat-report-2023.
The post Cryptominers & Botnets: Darktrace End of Year Threat Report Sees Shifting Threats as MaaS and RaaS Dominate appeared first on HIPTHER Alerts.

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Huawei Launches a Wide Range of Net5.5G Solutions to Inspire New Growth of Carriers

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During MWC Barcelona 2024, the Net5.5G-oriented products and solutions were launched by the President of Huawei’s Data Communication Product Line, Leon Wang. He noted that new ultra-broadband applications such as immersive terminals and AIGC have brought new opportunities to carriers. In addition, networks need to continuously evolve towards the future. In 2023, Huawei and industry partners defined the Net5.5G target network architecture and key capabilities such as ubiquitous 10 Gbps access, 400GE converged transport, hyper-converged data centers, and network autonomy and self-optimization. At this event, centering on “Bringing Net5.5G into Reality, Inspire New Growth”, Huawei has launched four solutions tailored to Net5.5G, covering mobile backhaul, enterprise campus, converged transport, and data center network, to fully support carriers’ business success.
Net5.5G Mobile Backhaul: Ultra-broadband is the foundation of ultimate experience. The access ring of mobile backhaul needs to be upgraded to 100GE to meet the traffic requirements of ultra-broadband applications. In addition, experience optimization is required to provide better mobile experience and improve the ARPU. Huawei’s base station routers provide the comprehensive access capabilities with 25/50/100/400GE to achieve network construction with optimal TCO. This solution is compatible with 4G, 5G, and 5G-A transport, protecting investment. Leveraging Network Digital Map, the solution provides industry leading application-level experience visualization and optimization, achieving zero congestion for VIP services and accelerating user experience monetization
Net5.5G High-Quality 10 Gbps Campus: Carriers are expanding their scope of services from traditional private lines to enterprise campus networks. This opens up a new blue ocean for digital managed network services, enriches B2B product portfolios, and increases revenue. Huawei has launched the world’s first all-scenario Wi-Fi 7 series products. And it helps carriers improve their competitive edge and avoid homogenized competition through high-density access, video experience assurance and intelligent O&M with Network Digital Map, accelerating their transformation from ISPs to MSPs.
Net5.5G Converged Transport: By providing more services on one network, carriers can realize new values of private lines and private networks. Huawei provides high density 400GE covering metro and core to carry numerous 10Gbps connections. Tenant-level slicing private lines, low-latency path selection, and application-level visualization are used to implement network servitization, accelerate network resource monetization, and increase revenue.
Net5.5G Hyper-Converged DCN: The computing power leasing service can help carriers achieve new growth in addition to IDC equipment room and private cloud services. Huawei uses the high density 800GE data center network (DCN) to provide efficient computing power and plug-and-play, significantly reduced deployment time. The industry leading NSLB algorithm increases the network throughput from 50% to 98% and improves the training efficiency by 20%.
Leon Wang wrapped up the launch with the following parting words: “Huawei will work with industry partners to promote network evolution from conceptualization to deployment, bring Net5.5G into reality, and inspire new growth for carriers.”
MWC Barcelona 2024 will be held from February 26 to February 29 in Barcelona, Spain. During the event, Huawei will showcase its latest products and solutions at stand 1H50 in Fira Gran Via Hall 1.
With the 2024 commercial launch of 5.5G, Huawei is collaborating with operators and partners around the world to pursue exciting new innovation in networks, cloud, and intelligence. Together, we will drive 5G business and foster a thriving industry ecosystem, creating a new era for intelligent digital transformation. For more information, please visit: https://carrier.huawei.com/en/events/mwc2024.
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Exclusive Interview: ATFX Chairman Joe Li with CNBC Arabia

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ATFX Chairman Joe Li was recently interviewed by CNBC Arabia, one of the leading business and financial news programs in the Middle East, to discuss the brand’s local development.  Throughout the interview, the host engaged in a comprehensive and professional dialogue that covered the brand’s local development progress, service philosophy, and market regulations.
ATFX Chairman Joe Li stated, “ATFX is dedicated to creating a platform that is convenient for investors, allowing them to trade quickly, safely, and efficiently. We prioritize the specific needs of our local clients by providing localized services. Our AT Premier service, launched in the Middle East, is continuously updated to provide high-quality investor education.”
The interview mainly focuses on the brand’s initiatives and measures in the local context. ATFX was ranked among the top four globally in MT4 trading volume in 2023, demonstrating its advanced financial technology tools, premium services, and extensive investor education content. ATFX’s exceptional achievements persist in enhancing its worldwide impact, attracting the interest of diverse international media establishments.
The interview conducted with CNBC Arabia marks a significant milestone in ATFX’s journey towards greater recognition this year. ATFX anticipates receiving further acknowledgement and media coverage as they continue to demonstrate unwavering dedication towards excellence in service.
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Smart Collaborates with 6D Technologies to Enhance Sales and Distribution Capabilities

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6D Technologies, an innovative telecom solutions provider, announces a collaborative partnership with Smart Communications, Inc. (Smart), the wireless unit of PLDT, the Philippines’ largest, fully integrated telco network, to revolutionize its sales and distribution operations, offering comprehensive solutions to meet the evolving needs of the industry.
Through this collaboration, 6D Technologies and Smart will streamline key sales and distribution processes, automate inventory management, optimize resource utilization, and enhance overall dealer operational efficiency. By leveraging 6D Technologies’ Ventas, an artificial intelligence (AI)-driven Sales and Distribution Management platform, Smart aims to elevate its operational excellence further and reinforce its leadership position in the telecommunications sector, driving growth and delivering superior services to its customers.
“As part of our transformation journey and our quest to reinforce our leadership, we continue to create collaborations to further lift our operational excellence, making sure that these partnerships will naturally progress and translate to much improved user experience for the customers of Smart,” said John Y. Palanca, First Vice President and Head of Sales and Distribution at Smart.
6D Technologies’ Ventas Dealer Management System (DMS) is designed to boost operational efficiencies and elevate the overall customer journey for the distribution partners of Smart. With this new system, the user experience of Smart’s distribution partners will be significantly transformed, giving them tools to operate more efficiently.
“We will continue to push to enhance our operational efficiencies to ensure that we are able to deliver the highest level of quality of service, particularly to our distribution partners as our customers, who are the North Star of everything that we do,” said Jac N. Bocalan, Vice President and Head of Customer Development Strategies and Support at Smart.
Manish Arora, Executive Director & Chief Revenue Officer of 6D Technologies, expressed his enthusiasm about the collaboration, stating, “We are thrilled to partner with Smart to empower their sales and distribution networks with our innovative DMS solution. By combining our expertise with Smart’s extensive reach and market presence, we aim to redefine industry standards and deliver unparalleled value to customers.”
The post Smart Collaborates with 6D Technologies to Enhance Sales and Distribution Capabilities appeared first on HIPTHER Alerts.

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