State of Cybercrime

State of Cybercrime

Join us for State of Cybercrime, where experts discuss the latest trends and developments in the world of cybercrime and provide insights into how organizations can protect themselves from potential threats. Sponsored by Varonis

Episodes

September 20, 2025 24 mins

This month marked the discovery of one of the largest NPM compromises in history. Though AI-assisted social engineering, a profilic developer dubbed Qix was phished. His account was then maliciously used to publish poisoned packages, many of which were used to manipulate crypto transactions. Thankfully, it was detected before too many users downloaded these packages, but it highlights how vulnerable we can be if these upstream comp...

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One phone call was all it took for ShinyHunters to breach some of the world's biggest brands. By exploiting Salesforce to infiltrate Google, Cisco, and many others, this group has shown just how vulnerable organizations can be when well-known SaaS platforms become the attack vector. In this special State of Cybercrime episode, Matt and David break down how ShinyHunters pulled off one of the largest CRM–focused attacks of the year w...

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July 25, 2025 19 mins

After their hidden breach of the National Guard, the cybercrime group was discovered to have targeted a major telecommunications firm named Visat. After their hidden breach of the National Guard, the cybercrime group was found to have attacked a large telecommunications company called Visat. The interesting part—these attacks are not disruptive; Salt Typhoon merely gathers information, hoards credentials and finds vulnerabilities. ...

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June 18, 2025 20 mins

In this episode, Matt and David explore a recently patched Copilot vulnerability that allowed attackers to craft emails that prompted Copilot to send sensitive information to an attacker's server. This prompt injection attack begs the question: What other vulnerabilities will AI bring to data? They also follow up with Scattered Spider & Dragonforce's continued assault on UK Retail and how their tactics are beginning to spread to in...

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May 21, 2025 22 mins

Several high-profile UK retailers have suffered serious cyberattacks that have disrupted operations for weeks and, in some cases, exposed sensitive customer data. The social engineering techniques used in the attack align with the notorious Scattered Spider group, but a new ransomware group named Dragonforce has claimed responsibility. Matt and David delve into the details of these attacks, what we know about these cybercriminal gr...

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April 19, 2025 24 mins

📌 We apologize for the technical issues experienced while filming this episode. Now onto the episode details: 

Oracle recently faced a major security scare after a hacker claimed to have stolen 6 million data records — a breach that has everyone talking. After initially denying the breach, Oracle is now saying their Oracle Cloud Infrastructure has not been compromised, but the exposed data came from old legacy servers. Join Matt an...

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March 14, 2025 27 mins

The Bybit crypto exchange was hacked for a record-breaking $1.5 billion theft of Ether cryptocurrency – perhaps the largest scale theft of all time. The FBI has linked the attack to TraderTraitor, a sub-cluster of the Lazarus Group, who leveraged a compromised machine of Safe{Wallet} to execute a supply chain attack on the Bybit platform. Matt and David review how this attack unfolded, and share updates on DeepSeek AI and Salt Typh...

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February 4, 2025 21 mins

DeepSeek, the Chinese AI startup dominating news feeds, has experienced exponential growth while wiping almost $1 trillion off the U.S. stock market. However, the model's rise has now been overshadowed by a surge of malicious attacks. 

On this special episode of State of Cybercrime, Matt and David explore the rise of this innovative AI tool, the subsequent attacks, and the potential vulnerabilities of the AI model. DeepSeek won’t be...

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January 15, 2025 26 mins

On this episode of State of Cybercrime, Matt and David cover the most recent Chinese state-sponsored APT attack by Silk Typhoon on the U.S. Treasury Department. They discuss how the attackers used a remote support tool to enable unauthorized access to Treasury workstations and unclassified documents. They also dive into some of the most pressing cybersecurity news and recent breaches you should know about.

Want to join us live? Sav...

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December 14, 2024 22 mins

In this episode, Matt and David delve into the evolving story of Salt Typhoon, a Chinese state-sponsored group, and their use of the innovative 'GhostSpider' backdoor to infiltrate telecommunication service providers. This sophisticated and far-reaching cyberattack, which is much larger than previously understood, has compromised sensitive cellular logs and data from government entities, telecom providers, and millions of Americans...

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November 25, 2024 25 mins

Russia's APT29, a.k.a "Midnight Blizzard," is arguably one of the world's most notorious threat actors. You might recall their involvement in the 2019 SolarWinds attack where they operated under the alias "Cozy Bear."

The group is back with more relentless attacks—breaching cloud credentials and targeting over 100 organizations worldwide.

In this episode of State of Cybercrime, Matt and David dive into some of the hottest cybersecuri...

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October 16, 2024 28 mins

Hosts Matt Radolec and David Gibson explain how cybercriminals are manipulating AI models like ChatGPT to plant false memories and steal data, along with other cybercrime-related stories like Salt Typhoon. 

Salt Typhoon is a Chinese hacking group that has reportedly breached multiple key U.S. broadband providers, raising significant concerns about the security of sensitive communications data. 

The hackers may have had access to thes...

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September 17, 2024 31 mins

The North Korean Lazarus group is running multiple high-risk campaigns: one exploiting Windows and another installing malware through fraudulent blockchain job offers. 

State of Cybercrime hosts Matt Radolec and David Gibson discuss the various APT groups, including a prolific ransomware-as-a-service operation and a Chinese cyber espionage gang known as Volt Typhoon, and other vulnerable vulnerabilities in this episode, including: 

+...

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August 16, 2024 28 mins

Matt Radolec and David Gibson discuss how an unknown attacker recently exploited a vulnerability in Proofpoint’s email routing system, allowing them to bypass security measures and send millions of spoofed emails on behalf of major companies. 

The co-hosts also cover: 

+ The North Korean threat actor hired using AI 

+ The biggest ransomware payment ever made 

+ How X is training its Grok AI LLM with your posts 

+ The EU’s groundbreaking...

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July 19, 2024 22 mins

In this episode of State of Cybercrime, co-hosts Matthew Radolec and David Gibson dive into the details around LockBit, and cover other news including: 

+ The MOVEit authentication bypass flaw 

+ Developments in the Polyfill supply chain attack affecting millions of websites 

+ Updates on the targeted campaign against Snowflake 

+A massive insider breach of a Pennsylvania healthcare system 

+ Two new attack methods threat actors are ado...

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June 14, 2024 26 mins

Snowflake, a cloud storage platform used by some of the largest companies in the world, is investigating a targeted attack on its users who lack multifactor authentication. 

Join Matt Radolec and David Gibson for an episode of State of Cybercrime in which we discuss the increased attacks on Snowflake customers and share our five-point checklist for ensuring your cloud databases are properly configured and monitored. 

WE’LL ALSO COVER...

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March 1, 2024 21 mins

A new data leak of more than 500 documents published to GitHub reveals the big business behind China’s state-sponsored hacking groups — from top-secret surveillance tools to details of offensive cyber ops carried out on behalf of the Chinese government.  

Join Matt and David for a special State of Cybercrime, which dives into China's espionage campaigns and complex network of resources.  

We’ll also discuss:

- The massive cyberattack ...

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February 8, 2024 22 mins

CISA issued an emergency directive to mitigate Ivanti Connect Secure and Ivanti Policy Secure vulnerabilities after learning of malware targeting the software company, allowing unauthenticated threat actors to access Ivanti VPNs and steal sensitive data. 

CISA is requiring all federal agencies to disconnect from affected Ivanti products by EOD February 2, 2024. The directive also warned that attackers had bypassed workarounds for cu...

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January 19, 2024 25 mins

Enjoy our first State of Cybercrime episode of 2024 as Matt Radolec and David Gibson cover:

  • Who is to blame for 23andMe’s big breach
  • SEC’s X account getting hacked
  • Threat actors swatting patients
  • Varonis Threat Labs research on a new, widespread vulnerability: https://www.varonis.com/blog/outlook-vulnerability-new-ways-to-leak-ntlm-hashes

Mentioned in this episode:

  • NTLM Blog Post: https://www.varonis.com/blog/investigate-ntl...
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November 9, 2023 25 mins

In this episode of 'State of Cybercrime', the hosts discuss various topics including an executive order on Artificial Intelligence(AI) by President Biden promoting a balance between AI safety, security, privacy and innovation, as well as implications for American leadership in AI. They covered the disruptive Mozi Botnet, SolarWinds CISO's challenged with fraud and difficulties experienced by IT administrators patching vulnerabiliti...

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