“If you run a server built on open-source software, there’s a good chance you are impacted by this vulnerability,” said Dustin Childs of Trend Micro’s Zero Day Initiative. An extensive list of responses from impacted organizations has been compiled here.” We’ve seen similar vulnerabilities exploited before in breaches like the 2017 Equifax data breach. “Anybody using Apache Struts is likely vulnerable. “Cloud services like Steam, Apple iCloud, and apps like Minecraft have already been found to be vulnerable,” Lunasec wrote.
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Publicly released exploit code allows an attacker to force a server running a vulnerable log4j library to execute commands, such as downloading malicious software or opening a backdoor connection to the server.Īccording to researchers at Lunasec, many, many services are vulnerable to this exploit. 9 in the popular logging library for Java called “ log4j,” which is included in a huge number of Java applications. Log4Shell is the name picked for a critical flaw disclosed Dec.
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But this month’s Patch Tuesday is overshadowed by the “ Log4Shell” 0-day exploit in a popular Java library that web server administrators are now racing to find and patch amid widespread exploitation of the flaw. The Microsoft patches include six previously disclosed security flaws, and one that is already being actively exploited. Microsoft, Adobe, and Google all issued security updates to their products today. Truglia should be prosecuted to the fullest extent of the law.” “The fact is that the intentional theft of $24 million, whether taken at the point of a gun in a bank or through a SIM card swap, is a major felony. “He at the very least withdrew 100 bitcoin (worth $1.6 million at the time and nearly $5 million today) from my theft into his wallet at a separate, US-based exchange, and then moved or spent it,” Terpin said. Terpin said public court records already show Truglia bragging about stealing his funds and using it to finance a lavish lifestyle. “I am outraged that after nearly four years and hundreds of pages of evidence that the best the prosecutors could recommend was a plea bargain for a single, relatively minor count of the unauthorized use of a Binance exchange account, when all the evidence points toward Truglia being one of two masterminds of a wide-ranging criminal conspiracy to steal crypto from me and others,” Terpin told KrebsOnSecurity. Reached for comment, Terpin said his assailant got off easy. Unauthorized SIM swaps often are perpetrated by fraudsters who have already stolen or phished a target’s password, as many financial institutions and online services rely on text messages to send users a one-time code for multi-factor authentication.Ĭompounding the threat, many websites let customers reset their passwords merely by clicking a link sent via SMS to the mobile phone number tied to the account, meaning anyone who controls that phone number can reset the passwords for those accounts. Image: /eruptsīut fraudulent SIM swaps are frequently abused by scam artists who trick mobile providers into tying a target’s service to a new SIM card and mobile phone controlled by the scammers.
Customers can legitimately request a SIM swap when their mobile device has been damaged or lost, or when they are switching to a different phone that requires a SIM card of another size. In January 2020, a New York grand jury criminally indicted Truglia (PDF) for his part in the crypto theft from Terpin.Ī SIM card is the tiny, removable chip in a mobile device that allows it to connect to the provider’s network. In May 2019, the jury awarded Terpin a $75.8 million judgment against Truglia.
Truglia admitted to a New York federal court that he let a friend use his account at crypto-trading platform Binance in 2018 to launder more than $20 million worth of virtual currency stolen from Michael Terpin, a cryptocurrency investor who co-founded the first angel investor group for bitcoin enthusiasts.įollowing the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors using fraudulent “SIM swaps,” scams in which identity thieves hijack a target’s mobile phone number and use that to wrest control over the victim’s online identities. A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud.