🚨 The Facts Behind the Crowdstrike Outage, WazirX Crypto Theft, SolarWinds SEC Case News

Good morning, Security Gang!

Welcome to the Cyber Help Podcast. Today, we delve into the aftermath of the CrowdStrike outage, the WazirX crypto theft, and a significant SolarWinds update. Let's dive in!🚨 The Facts Behind the Crowdstrike Outage, WazirX Crypto Theft, SolarWinds SEC Case News   

CrowdStrike Outage

On Friday, a faulty software update from CrowdStrike caused a massive outage affecting 8.5 million Windows devices, disrupting major operations, including those at Atlanta's Hartsfield-Jackson Airport. Recovery is ongoing, with full resolution expected by Wednesday. Microsoft released a USB tool to expedite the repair process, with less than 1% of all Windows machines affected.

Action Items:

1. Use the USB Tool: IT admins should use Microsoft's USB tool to repair impacted Windows clients and servers.

2. Verify Authentic Sources: Engage only with official CrowdStrike representatives and platforms to avoid malware disguised as recovery tools.

WazirX Crypto Theft

WazirX suffered a cyberattack, resulting in the theft of $230 million from a multi-sig wallet. The company has suspended withdrawals and launched a bug bounty program to recover the stolen funds, offering significant rewards for actionable intelligence and recovery assistance.

Action Items:

1. Report Intelligence: Provide actionable intelligence to WazirX for a reward of up to $10,000 USDT.

2. Participate in Recovery Efforts: White hat hackers can assist in recovering the stolen assets, with a potential reward of up to $23 million.

SolarWinds Update

A district court dismissed most charges in the civil fraud case against SolarWinds, except for claims related to the company's 2017 security statement on their trust page. This decision emphasizes the importance of accurate and transparent security claims.

Action Items:

1. Review Trust Pages: Ensure all statements on company trust pages are accurate and up-to-date.

2. Update Software: Apply patches for the critical vulnerabilities in SolarWinds' Access Rights Manager software to prevent remote code execution attacks.

Additional Headlines

• Revolver Rabbit Campaign: Over 500,000 domain names registered for infostealer campaigns targeting Windows and Mac OS systems. Stay vigilant and update security measures.

• Ghost Emperor Resurfacing: The advanced Chinese group known for targeting telecoms and government entities has returned with evolved capabilities. Review security protocols and stay informed about their tactics.

• UK Teen Arrested: A 17-year-old involved in cyberattacks against major organizations, including MGM Resort, was arrested. Continue monitoring for scattered spider activities.

Thank you for joining today's episode. Stay cyber safe and see you tomorrow at 9 a.m. Eastern for more updates.

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✅ Story Links: 

https://www.securityweek.com/microsoft-says-8-5-million-windows-devices-impacted-by-crowdstrike-incident-publishes-recovery-tool/

https://www.bleepingcomputer.com/news/security/fake-crowdstrike-fixes-target-companies-with-malware-data-wipers/

https://thecyberexpress.com/wazirx-cyberattack-update-bounty-program/

https://www.bleepingcomputer.com/news/security/solarwinds-fixes-8-critical-bugs-in-access-rights-audit-software/

https://www.cybersecuritydive.com/news/majority-sec-fraud-solarwinds-dismissed/721753/

https://www.bleepingcomputer.com/news/security/revolver-rabbit-gang-registers-500-000-domains-for-malware-campaigns/

https://www.darkreading.com/threat-intelligence/notorious-chinese-hacker-gang-re-emerges-after-two-years

https://www.securityweek.com/suspected-scattered-spider-member-arrested-in-uk/

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