Newly identified groups target financial services, telecommunications, media, and technology entities since January 2024.
Mounting cyberespionage intrusions have been launched by Chinese state-backed threat operations against cloud infrastructure and telecommunications organisations.
A report from CrowdStrike revealed that multiple cloud service accounts have been compromised by Genesis Panda to facilitate lateral movement and persistence in targeted financial services, telecommunications, media, and technology entities across almost a dozen countries since January 2024.
Also, Glacial Panda has sought to infect telecommunications firms in the U.S. and other parts of the world using the ShieldSlide SSH server binary in attacks involving the exploitation of known security flaws impacting internet-exposed and misconfigured servers.
According to The Hacker News, aside from compromising user authentication sessions and credentials, ShieldSlide also facilitates backdoor access, researchers said.
Written by
Dan Raywood is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
