QuoIntelligence’s Weekly Intelligence Snapshot for the week of 5 – 11 August is now available! Find a summary here and subscribe to our mailing list below if you want to receive regular updates from us!

Cyber Highlights

Microsoft August Patch Tuesday Addresses 44 Vulnerabilities

In the August Microsoft Patch Tuesday release, the vendor released security fixes for 44 vulnerabilities impacting popular products such as Azure, Windows Update, Windows Print Spooler, Remote Desktop Client, and more. Patch severity across the vulnerabilities includes seven Critical flaws, with the remaining vulnerabilities rated as Important. We highlight vulnerabilities worth prioritizing due to their criticality and impact.

Industry impacted: Communication Services, Financials, Government, Health Care, Information Technology

  • Multiple New Malware Families Targeting Microsoft Internet Information Services (IIS) Web Servers
  • Conti Ransomware Affiliate Leaks Playbook in Underground Forum
  • Chaos Ransomware Proof of Concept Builder Evolves
  • UNC215: Chinese Espionage Campaign Targeting Israel
  • Actors Actively Scanning For ProxyShell Vulnerabilities Affecting Microsoft Exchange, Attacks To Highly Likely Start Soon

Geo Highlights

Blockchain Exchange Platform 600 Million Theft Highlights Decentralized Finance Risks

Industry impacted: Financials

On 10 August, the blockchain platform Poly Network reported that an unknown cybercriminal stole EUR 510 million (USD 600 million) in several cryptocurrencies. The attack to Poly Network comes as losses from theft, cyber incidents, and fraud in decentralized finance (DeFi) increases, highlighting the risk of DeFi systems which are less regulated than traditional markets.

Industry impacted: Government

  • Bitkom: Cyberattacks Cost German Economy More than EUR 220 Billion
  • Escalation of China and Canada Tensions
  • Germany Arrests British Diplomat Suspected of Spying for Russia