-

Cybersecurity Agencies Warn of China-linked APT40’s Rapid Exploit Adaptation
Cybersecurity agencies from Australia, Canada, Germany, Japan, New Zealand, South Korea, the U.K., and the U.S. have released a joint advisory about a China-linked cyber espionage group called APT40, warning about its ability to co-opt exploits for newly disclosed security flaws within hours or days of public release. “APT40 has previously targeted organizations in various…
-

Portland-area beverage maker recalls products for safety concern
Urban River produces nonalcoholic beverage mixers, syrups, cocktail garnishes and bar tools.
-

Wilsonville manufacturer lands $50M from Biden export program, expects 100 jobs
Grid energy storage company ESS Inc., landed $50M from a Biden export program.
-

Portland-area general contractor acquires local construction firm
Tualatin-based Perlo Construction on Monday said it has acquired Reimers & Jolivette, becoming R&J’s parent company.
-

University of Oregon moves to dismiss Title IX lawsuit
The university claims that the plaintiffs cannot seek compensatory damages, and that they are only entitled to an injunction.
-

Boeing to plead guilty to fraud charges, pay $244M fine
The settlement agreement reached with the Department of Justice still must be approved by a judge.
-

New APT Group “CloudSorcerer” Targets Russian Government Entities
A previously undocumented advanced persistent threat (APT) group dubbed CloudSorcerer has been observed targeting Russian government entities by leveraging cloud services for command-and-control (C2) and data exfiltration. Cybersecurity firm Kaspersky, which discovered the activity in May 2024, the tradecraft adopted by the threat actor bears similarities with that of CloudWizard, but pointed
-

Dark Web Malware Logs Expose 3,300 Users Linked to Child Abuse Sites
An analysis of information-stealing malware logs published on the dark web has led to the discovery of thousands of consumers of child sexual abuse material (CSAM), indicating how such information could be used to combat serious crimes. “Approximately 3,300 unique users were found with accounts on known CSAM sources,” Recorded Future said in a proof-of-concept…
-

New Ransomware-as-a-Service ‘Eldorado’ Targets Windows and Linux Systems
An emerging ransomware-as-a-service (RaaS) operation called Eldorado comes with locker variants to encrypt files on Windows and Linux systems. Eldorado first appeared on March 16, 2024, when an advertisement for the affiliate program was posted on the ransomware forum RAMP, Singapore-headquartered Group-IB said. The cybersecurity firm, which infiltrated the ransomware group, noted that its
-

5 Key Questions CISOs Must Ask Themselves About Their Cybersecurity Strategy
Events like the recent massive CDK ransomware attack – which shuttered car dealerships across the U.S. in late June 2024 – barely raise public eyebrows anymore. Yet businesses, and the people that lead them, are justifiably jittery. Every CISO knows that cybersecurity is an increasingly hot topic for executives and board members alike. And when…

