• Ep. 14 - Future of CISA/SEC under Trump, US Telco news, DAO faces $50M hack

  • Dec 23 2024
  • Length: 54 mins
  • Podcast

Ep. 14 - Future of CISA/SEC under Trump, US Telco news, DAO faces $50M hack

  • Summary

  • In this episode of The Adversarial Podcast, Jerry Perullo, Mario Duarte, and Sounil Yu discuss the latest developments in cybersecurity, geopolitical threats, and emerging trends as 2025 approaches.

    00:00 Introduction

    02:06 Trump 2.0's effect on security

    03:25 Future of CISA

    09:00 Future of SEC cyber reports

    15:57 Possible Trump 2.0 priorities

    19:40 Spying on US Telco

    20:20 What is SS7?

    24:04 SS7 vs. SMS interception

    25:40 Privacy impact of SS7 attacks

    30:12 National security

    31:17 CISA's guidance for telco

    36:58 DPRK targets DAO network, $50M heist using macOS malware

    46:30 DOJ indicts 14 DPRK nationals

    The Future of SEC/CISA under Trump 2.0. With Trump returning to office, the hosts discuss possible changes to SEC-mandated cybersecurity disclosures and the potential of priorities shifting away from CISA as Jenny Easterly’s resignation looms.

    References: https://www.cfodive.com/news/sec-cybersecurity-enforcement-outlook-uncertain-as-trump-returns/735728/, https://www.bankinfosecurity.com/cisa-faces-uncertain-future-under-trump-a-26829

    China, Russia, and Iran spying on US Telco networks. Adversaries are abusing SS7 vulnerabilities and are hacking into Telco networks to spy on U.S. citizens. The hosts unpack CISA's new recommendations for encrypted communications and discuss the history of SS7 vulnerabilities.

    References: https://www.404media.co/dhs-says-china-russia-iran-and-israel-are-spying-on-people-in-us-with-ss7/, https://www.reuters.com/technology/cybersecurity/china-affiliated-actors-compromised-networks-multiple-telecom-companies-us-says-2024-11-13/, https://www.cisa.gov/sites/default/files/2024-12/guidance-mobile-communications-best-practices.pdf

    DPRK Targets macOS hosts in $50M heist from DAO network. The hosts discuss recent DPRK-aligned Mac malware involved in a $50M cryptocurrency heist. The team discusses the sophistication of the attack, parallels to the attacks against US financial services companies, and why the crypto space remains a goldmine for state-sponsored cybercriminals.

    References: https://medium.com/@RadiantCapital/radiant-capital-incident-update-e56d8c23829e

    DOJ indicts 14 DPRK nationals for fraudulent worker scheme and extortions. We return to the ongoing surge in DPRK-funded actors illegallying work in IT roles within the US using false identities. The hosts unpack raise questions about insider threats and remote work challenges.

    References: https://www.justice.gov/opa/pr/fourteen-north-korean-nationals-indicted-carrying-out-multi-year-fraudulent-information?&web_view=true

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