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One-two punch delivered in global operation disrupts cybercrime "assembly line"

International authorities and a raft of private technology companies say they have disrupted a cybercrime “assembly line” that allowed crooks to collect millions of login credentials and steal more than $47 million in ransom payments and by other fraudulent means.

The crux of the operation was the simultaneous targeting of two unrelated tools that are widely used in various online scams. The first is Amadey, a malware-as-a-service platform for compromising devices and delivering malicious payloads for ransomware and other scams. Amadey has been observed in the wild since at least 2018 and was seen last year abusing GitHub as it collected system information from infected devices and installed customized payloads. The second tool was StealC, an infostealer-as-a-service platform that collects credentials, authentication cookies, cryptocurrency wallets, browser extensions, and files whose names match customer-defined patterns.

Severing a critical link in the cybercrime chain

Amadey and StealC are separate tools that are run independently of each other. Given their widespread use, however, many customers use both in their individual cybercrime activities. The tools also, it turns out, relied on some of the same underlying infrastructure to run. Microsoft said it made this determination after analyzing the tools using AI. This insight allowed Microsoft attorneys to seek an order disrupting both at the same time.

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White House drastically shortens deadline for dropping quantum-vulnerable crypto

The White House is drastically shortening the deadline for government agencies and organizations to adopt new quantum-resistant encryption systems that will withstand attacks that use quantum computers, as the federal government seeks to protect decades’ worth of secrets belonging to militaries, banks, governments, and most individuals on Earth.

The executive order, titled Securing the Nation against Advanced Cryptographic Attacks, requires computing systems for “high-value assets” and “high-impact systems” to transition to post-quantum cryptographic key establishment schemes by December 31, 2030, and to quantum-safe digital signature schemes by December 31, 2031.

Heading off a significant threat

The new deadline, which for many organizations is about five years sooner than the previous one, comes on the heels of recent research showing that the resources and cost for building a cryptographically relevant quantum computer are far less than previous consensus estimates. In response, Google, Cloudflare, and other companies recently tightened their timelines for moving off vulnerable systems to 2029.

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