orgs – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 26 Jul 2025 18:46:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 orgs – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Open Banking Battle: Crypto Orgs Urge Donald Trump to Step In https://earlybirdsinvest.com/open-banking-battle-crypto-orgs-urge-donald-trump-to-step-in/ https://earlybirdsinvest.com/open-banking-battle-crypto-orgs-urge-donald-trump-to-step-in/#respond Sat, 26 Jul 2025 18:46:33 +0000 https://earlybirdsinvest.com/open-banking-battle-crypto-orgs-urge-donald-trump-to-step-in/

A group of trade organizations representing the crypto, fintech, retail, and restaurant industries has asked US President Donald Trump to support rules that let people share their financial data with apps and services of their choice.

According to a letter dated July 23, groups such as the Blockchain Association, Crypto Council for Innovation, and Financial Technology Association said that big banks are working against innovation.

These banks are suing to stop the open banking rule and making it harder for apps to get the information they need to function.

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The letter read:

Let us be clear: financial data belongs to the American people, not the banks. The freedom to choose financial tools and control one’s own data is fundamental to free markets and personal liberty—core American values.

The groups are requesting that the Trump administration submit a legal brief by July 29. This brief would tell the court that consumers, not banks, own their financial data and should be able to share it with other services without paying fees.

The letter also explains that the rule helps everyone in the financial system. It stated that the rule improves safety and gives clear standards for data sharing. These standards benefit banks, tech firms, and crypto companies alike.

Additionally, the letter said that strong innovation in this area has made the US a global leader in finance.

On July 17, several banking and credit union groups asked US regulators to hold off on granting federal bank licences to crypto companies. What did they say? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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Ghost ransomware breached orgs in 70 countries https://earlybirdsinvest.com/ghost-ransomware-breached-orgs-in-70-countries/ https://earlybirdsinvest.com/ghost-ransomware-breached-orgs-in-70-countries/#respond Wed, 19 Feb 2025 22:03:28 +0000 https://earlybirdsinvest.com/ghost-ransomware-breached-orgs-in-70-countries/

Ghost

CISA and the FBI said attackers deploying Ghost ransomware have breached victims from multiple industry sectors across over 70 countries, including critical infrastructure organizations.

Other industries impacted include healthcare, government, education, technology, manufacturing, and numerous small and medium-sized businesses.

“Beginning early 2021, Ghost actors began attacking victims whose internet facing services ran outdated versions of software and firmware,” CISA, the FBI, and the Multi-State Information Sharing and Analysis Center (MS-ISAC) said in a joint advisory released on Wednesday.

“This indiscriminate targeting of networks containing vulnerabilities has led to the compromise of organizations across more than 70 countries, including organizations in China.”

Ghost ransomware operators frequently rotate their malware executables, change the file extensions of encrypted files, alter the contents of their ransom notes, and utilize multiple email addresses for ransom communications, which has often led to fluctuating attribution of the group over time.

Names linked to this group include Ghost, Cring, Crypt3r, Phantom, Strike, Hello, Wickrme, HsHarada, and Rapture, with ransomware samples used in their attacks including Cring.exe, Ghost.exe, ElysiumO.exe, and Locker.exe.

This financially motivated ransomware group leverages publicly accessible code to exploit security flaws in vulnerable servers. They target vulnerabilities left unpatched in Fortinet (CVE-2018-13379), ColdFusion (CVE-2010-2861, CVE-2009-3960), and Exchange (CVE-2021-34473, CVE-2021-34523, CVE-2021-31207).

To defend against Ghost ransomware attacks, network defenders are advised to take the following measures:

  1. Make regular and off-site system backups that can’t be encrypted by ransomware,
  2. Patch operating system, software, and firmware vulnerabilities as soon as possible,
  3. Focus on security flaws targeted by Ghost ransomware (i.e., CVE-2018-13379, CVE-2010-2861, CVE-2009-3960, CVE-2021-34473, CVE-2021-34523, CVE-2021-31207),
  4. Segment networks to limit lateral movement from infected devices,
  5. Enforce phishing-resistant multi-factor authentication (MFA) for all privileged accounts and email services accounts.

Right after Amigo_A and Swisscom’s CSIRT team first spotted Ghost ransomware in early 2021, their operators were dropping custom Mimikatz samples, followed by CobaltStrike beacons, and deploying ransomware payloads using the legitimate Windows CertUtil certificate manager to bypass security software.

In addition to being exploited for initial access in Ghost ransomware attacks, state-backed hacking groups that scanned for vulnerable Fortinet SSL VPN appliances also targeted the CVE-2018-13379 vulnerability.

Attackers also abused the same security vulnerability to breach Internet-exposed U.S. election support systems reachable over the Internet.

Fortinet warned customers to patch their SSL VPN appliances against CVE-2018-13379 multiple times in August 2019, July 2020, November 2020, and again in April 2021.

The joint advisory issued by CISA, the FBI, and MS-ISAC today also includes indicators of compromise (IOCs), tactics, techniques, and procedures (TTPs), and detection methods linked to previous Ghost ransomware activity identified during FBI investigations as recently as January 2025.

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