As China pushes its digital currency plans, the US falls behind

China’s digital Yuan project, a blockchain-based cryptocurrency for consumer and commercial finance, can no longer be considered a pilot. That’s the assessment by economic and cryptocurrency experts.

Those experts have been monitoring efforts in China and other countries developing and piloting central bank digital currencies (CBDCs) with the aim of establishing a blockchain-based virtual cash that is cheaper to use and faster to exchange, both at home and across international borders.

To date, the People’s Bank of China has distributed the digital yuan, called e-CNY, to 15 of China’s 23 provinces, and it has been used in more than 360 million transactions totaling north of 100 billion yuan, or $13.9 billion. The country has literally given away millions of dollars worth of digital yuan through lotteries, and its central bank has also participated in cross-border exchanges with several nations.

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Detecting Windows AMSI Bypass Techniques

Credit to Author: Jiri Sykora| Date: Wed, 21 Dec 2022 00:00:00 +0000

We look into some of the implementations that cybercriminals use to bypass the Windows Antimalware Scan Interface (AMSI) and how security teams can detect threats attempting to abuse it for compromise with Trend Micro Vision One™.

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Conti Team One Splinter Group Resurfaces as Royal Ransomware with Callback Phishing Attacks

Credit to Author: Ivan Nicole Chavez| Date: Wed, 21 Dec 2022 00:00:00 +0000

From September to December, we detected multiple attacks from the Royal ransomware group. In this blog entry, we discuss findings from our investigation of this ransomware and the tools that Royal ransomware actors used to carry out their attacks.

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A Technical Analysis of CVE-2022-22583 and CVE-2022-32800

Credit to Author: Mickey Jin| Date: Wed, 21 Dec 2022 00:00:00 +0000

This blog entry discusses the technical details of how we exploited CVE-2022-22583 using a different method. We also tackle the technical details of CVE-2022-32800, another SIP-bypass that we discovered more recently, in this report.

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Trend Micro Joins Google’s App Defense Alliance

Credit to Author: Jon Clay| Date: Fri, 16 Dec 2022 00:00:00 +0000

Trend Micro will be joining Google’s App Defense Alliance (ADA) to help improve their ability to identify malicious apps before they are published to the Google Play store.

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