Cybercriminals capitalize on Silicon Valley Bank’s demise

The collapse of Silicon Valley Bank (SVB), once the go-to financial institution for early-stage technology businesses and startups, is being exploited by cybercriminals. In this blog post, we discuss some of the tactics and techniques Netcraft has already detected criminals using to exploit SVB’s collapse – either directly or indirectly – as a lure.

As the flurry of COVID-themed attacks proved, cybercriminals waste no time in exploiting the attention such stories generate. Criminals often exploit current news stories, or specific times of year (like tax reporting) to make their scam seem more relevant to victims. They’ll also use the fear of missing out, hoping to trick victims into responding quickly.

New SVB-themed websites abound – criminal and otherwise

Since news of SVB’s collapse was announced, Netcraft has detected and blocked several SVB-related attacks in our malicious site feeds:

USDC Reward Program Screenshot

One of the websites pretending to be a USDC Reward Program

March 20, 2023
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Lowe’s Market chain leaves client data up for grabs

A misconfiguration on a website owned by the US-based Lowe’s Market grocery store chain could have allowed threat actors to gain control of its systems. On February 7, the Cybernews research team discovered a misconfiguration on the Lowe’s Market website. The supermarket chain’s website was leaking a treasure trove of private credentials, which left the […]

The post <strong>Lowe’s Market chain leaves client data up for grabs</strong> appeared first on Security Affairs.

March 19, 2023
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