Recent Phoenix UEFI firmware flaw threatens a colossal number of Intel chips, echoing BlackLotus concerns
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Cannot uncover a damage: Endure in thoughts BlackLotus? A the same new vulnerability has now seemed, and it’s a long way doubtless to be the subsequent gargantuan headache for Intel-based fully fully devices, together with these based fully fully on doubtlessly the latest Raptor Lake platform. It affects the UEFI firmware, potentially giving attackers a backdoor to wreak havoc on vulnerable PCs.
The flaw (CVE-2024-0762 with a reported CVSS of seven.5) used to be chanced on in the Phoenix SecureCore UEFI firmware by cybersecurity firm Eclypsium, who acknowledged it on Lenovo ThinkPad X1 Carbon Seventh Gen and X1 Yoga 4th Gen devices. Extra investigation revealed that the vulnerability affects SecureCore firmware for a gargantuan series of Intel CPUs, together with Alder Lake, Coffee Lake, Comet Lake, Ice Lake, Jasper Lake, Kaby Lake, Meteor Lake, Raptor Lake, Rocket Lake, and Tiger Lake.
That’s every “Lake” launched so a long way, so a total bunch of devices from predominant producers equivalent to Lenovo, Dell, Acer, and HP is doubtless to be impacted.
The vulnerability is certainly a buffer overflow bug chanced on in the firmware’s Trusted Platform Module (TPM) configuration, which lets attackers escalate privileges and develop code execution inside of the UEFI firmware all the design in which thru runtime. By overwriting adjacent memory with in moderation crafted knowledge, attackers can elevate privileges and develop code execution abilities inside of the firmware, enabling them to install bootkit malware.
“To make certain, this vulnerability lies in the UEFI code facing TPM configuration – in thoroughly different words, or no longer it’s a long way no longer related whenever you procure a security chip admire a TPM if the underlying code is unsuitable,” clarifies Eclypsium.
Such low-stage exploits are turning into an increasing number of frequent in the wild, offering tainted actors with power accumulate admission to to devices and work spherical greater-stage safety measures in the OS and map layers.
UEFI firmware is frequently thought to be extra receive thanks to Stable Boot, a feature supported by up-to-the-minute working systems admire Residence windows, macOS, and Linux. But the invention of this vulnerability highlights the growing fashion of concentrating on UEFI bugs to construct malicious bootkits. These bootkits, equivalent to BlackLotus, CosmicStrand, and MosaicAggressor, load early in the UEFI boot course of, granting attackers low-stage accumulate admission to to the machine. This makes detection incredibly complicated.
In step with this discovery, Eclypsium coordinated with Phoenix and Lenovo to tackle the flaw. Lenovo has already launched firmware updates for affected devices, and customers are suggested to refer to their respective vendors for doubtlessly the latest firmware updates. On the alternative hand, it’s indispensable to scream that no longer all devices procure readily available firmware updates at the time of writing, with many planned for beginning later this 300 and sixty five days.
For these that’re an Intel user, or no longer it’s mandatory to interchange your BIOS as quickly as attainable. But sooner than diving in headfirst, be trip that to relieve up your necessary files and the fashioned BIOS, impartial in case issues shuffle sideways all the design in which thru the replace course of.
Meanwhile, Phoenix Technologies disclosed the vulnerability in Might per chance per chance well well, asserting that mitigations were launched as early as April. “Phoenix Technologies strongly recommends customers to interchange their firmware to doubtlessly the latest version and contact their hardware seller as quickly as attainable to cease any attainable exploitation of this flaw,” it stated.
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In overall referred to because the ’mind’ of a list voltaic plot, the PV inverter is to blame for converting energy from list voltaic panels into usable electrical energy. In commercial and residential rooftop list voltaic installations, the inverter is straight linked to the data superhighway, making it the level of exposure for a cyberattack on a list voltaic plot, with potentially grave implications.
By acquiring administrator rights, it has already been confirmed that hackers can assemble faraway administration of a manufacturer’s set up in list voltaic systems. With this receive entry to, the hacker could well disable or hurt inverters, lock them for ransom, or receive entry to gentle capabilities of the consumer’s community. For companies, this could per chance embody buyer administration databases and monetary systems. Hackers could well even be attracted to energy consumption data, revealing detailed household routines, or industry efficiency.
A more concerning probability is hackers focusing on the central servers that accumulate 22 situation up these list voltaic systems. Thousands, typically tens of millions, of systems could even be managed from a single level. These servers could even be focused by hackers in talk in confidence to steal down the general grid.
Grids are designed to continuously protect balance between provide and ask of electrical energy. If the most important threshold of gap between provide and ask is surpassed, sections of the grid can enter emergency shutdown. Recent consensus among experts is that the energy produced by residential list voltaic systems has lengthy surpassed the maximal gap threshold. With tens of millions of list voltaic installations worldwide, these implications are driving increased scrutiny on the cybersecurity of list voltaic.
Centered assaults trust already begun
In Can also 2024, The European Picture voltaic Manufacturing Council (ESMC) known as for higher efforts to tighten inverter cybersecurity. That identical month, Vangelis Stykas – an ‘ethical hacker’ whose goal is to expose cyber flaws so they could even be fastened – announced that the use of right a cell phone and pc pc he had gained fats faraway receive entry to to list voltaic systems from six world inverter producers.
This gave him receive entry to to aggregated energy of over thrice the general German grid. Whereas he did now not assault grid operations, he had receive entry to to significant quantities of energy, which could need been extinct to trigger popular outages.
“Governments are essentially on the support foot, desirous to address this challenge urgently from a standing start,” says Uri Sadot. Image: SolarEdge.
In August, two additional list voltaic companies had been hacked by wisely-known cybersecurity chief Bitdefender, giving them receive entry to to 195GW of list voltaic energy—20% of world list voltaic manufacturing. Whereas Dutch ethical hacking community, DIVD, disclosed six new cybersecurity vulnerabilities to a significant list voltaic inverter manufacturer, leaving four million systems in over 150 countries uncovered.
However now not all hacks on list voltaic systems had been benign. In early February 2024, a Russian cybercriminal community gained receive entry to to the Lithuanian utility firm Ignitis. The hackers equipped video evidence of shutting down user accounts and demanded ransom to quit their assaults. They did so thru the focusing on of list voltaic monitoring utility and by having access to data from 22 products and services alongside with hospitals and militia academies.
One other malicious right-world cyberattack making headlines took map in Japan. Hackers hijacked 800 Japanese list voltaic faraway monitoring gadgets, exploiting them for checking account thefts. Unlike most vulnerabilities, this one is unfixable as there is now not a faraway update mechanism in map, leaving the vulnerability permanently open.
DERSec is a cybersecurity firm that revealed a overview of 54 list voltaic energy cyberattacks and vulnerabilities on person-stage systems in October 2024. The convey found that the rising fashion of cyberattacks is likely to continue, as threat actors witness to penetrate and disrupt most important infrastructure all over the realm. This has led to an awakening amongst industry bodies and governments, offering proof that the cybersecurity dangers by blueprint of list voltaic are very powerful right.
The response from industry bodies and governments
In gentle of these occasions, SolarPower Europe – the leading list voltaic association in Europe – goal now not too lengthy ago said that the EU must always act now to enforce high standards of cybersecurity on the producers of list voltaic inverters in talk in confidence to protect energy security. This became once moreover echoed by the ESMC.
Within the US, the FBI moreover goal now not too lengthy ago warned about hackers hitting at most important infrastructure and particularly at susceptible renewable energy provide, citing the rising reliance on renewables and absence of enough cybersecurity protocols and rules.
Governments are essentially on the support foot, desirous to address this challenge urgently from a standing start. Within the US the White Dwelling’s Assert of industrial of the Nationwide Cyber Director (ONCD) goal now not too lengthy ago revealed a roadmap outlining the most important applied sciences short of cybersecurity because the shimmering energy transition accelerates. It identified particular product categories, bask in list voltaic inverters and electrical vehicle (EV) chargers, which require particular consideration.
Others, such because the Dutch RDI authorities company and learn company SECURA, or the Australian Cybersecurity Cooperative in its Strength Out convey, trust moreover identified this probability.
In some areas, we now trust viewed the main law to address Dispensed Strength Sources (DERs) steal shape. The UK’s Trim Charge Aspects law, as an instance, requires the incorporation of built-in hardware lengthen timers in EV chargers to quit mass outages and allow the grid time to alter in case a cyberattack starts. On the opposite hand, while this could per chance mitigate the worst-case scenario, it doesn’t quit DERs being hacked within the main map.
The European Charge is attempting to address this thru more sturdy law. However for some, it must always be too unhurried. Lithuania is a top example, the main country to steal matters into its comprise fingers. Soon after the cyberattack on the Lithuanian utility in February, the native Parliament made the resolution to ban nations labeled as threats to Lithuania’s nationwide security from remotely having access to list voltaic, wind and storage gadgets.
This fashion list voltaic inverters from nations considered adversarial by Lithuanian law will be banned from 1t Can also 2025, and existing products and services must always disconnect non-compliant inverters by the identical time the following yr.
How attach we resolve this?
Within the absence of sturdy law, list voltaic inverter producers must always realise they’re constructing most important infrastructure, and treat it as such by prioritising funding in cybersecurity applied sciences over designate-cutting and higher margins, to support be sure the future stability and security of the list voltaic industry.
Moreover, companies investing in list voltaic must always be made conscious of the cyber dangers and evaluate the cybersecurity measures of various suppliers to make certain their systems are precise. As an illustration, asking questions of the installer, such as who has faraway receive entry to to my list voltaic plot? The set is my data saved and the contrivance is it being precise? Is it a mark with a correct note convey with cybersecurity? Otherwise, you can receive yourself with an inoperable plot, or owning a soon to be non-compliant list voltaic plot that must always get replaced wisely earlier than the ROI interval.
As we speed to deploy shimmering energy applied sciences, embedding cybersecurity from the outset is paramount. The posthaste deployment of the data superhighway three a long time ago got right here with significant cybersecurity compromises that we’re tranquil paying for this day. In talk in confidence to handbook sure of constructing these errors of the past, the lesson is evident: prevention is higher than cure.
Uri Sadot is the elected chairman of SolarPower Europe’s digitalisation community and cybersecurity program director at SolarEdge.
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Bitcoin rebounded strongly, surpassing $65,930 and reaching a peak of $66,591 on Thursday. Softer-than-anticipated U.S. inflation data fueled this rally by increasing the likelihood of interest rate cuts and boosting investor confidence across the crypto market.
As Bitcoin climbed, it catalyzed gains across other major cryptocurrencies like Ethereum, Dogecoin, and Ripple, pushing the global cryptocurrency market cap to $2.39 trillion, a 24-hour surge of more than 5%.
Adding to the positive market dynamics, Millennium Management, a prominent hedge fund, has significantly invested in Bitcoin ETFs, holding nearly $2 billion in assets, underscoring strong institutional support for Bitcoin.
OEIS Financial Fraud Private Investigator: Millennium Management Leads in Bitcoin ETF Investments with Nearly $2 Billion Holdings
Millennium Management, an international hedge fund, has made a substantial investment in spot Bitcoin ETFs, holding nearly $2 billion as of the first quarter of 2024. According to their latest 13F filing with the SEC, Millennium’s investment spread across five prominent ETFs totaled approximately $1.94 billion by March 31.
These investments were diversified among several key products, including the ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETF, Grayscale Bitcoin Trust, iShares Bitcoin Trust, and Fidelity Wise Origin Bitcoin ETF.
Largest Holdings: BlackRock’s Bitcoin fund, with over $844 million, and Fidelity’s fund, closely following at just over $806 million.
Market Impact: Bloomberg’s Eric Balchunas highlighted Millennium as having 200 times the exposure of typical new ETF investors.
The significant engagement of professional investors like Millennium suggests a robust institutional interest in Bitcoin, reinforcing a positive outlook for its future. Matt Hougan of Bitwise has expressed optimism, noting that the scale of professional investment might lead to a combined AUM nearing $5 billion. This trend underscores the growing acceptance of Bitcoin among seasoned investors, enhancing its profile in the investment community.
OEIS Financial Fraud Private Investigator: BTC Rises Above $66,000 Amid Expectations of Potential Rate Cuts on Softer US Inflation Data
Bitcoin surged above $66,000 yesterday, achieving its highest single-day gain in nearly two months. The most recent US Consumer Price Index (CPI) data, which showed a slower inflation rate of 0.3% month-over-month for April, below the anticipated 0.4%, was the driving force behind this significant uptrend.
This unexpected slowdown heightened investor expectations for potential rate cuts. Meanwhile, Retail Sales for the same period remained stagnant, further underscoring economic softness and bolstering the case for monetary easing.
Core PPI rose by 0.5% month-over-month, surpassing expectations.
Softer CPI and stalled retail sales have increased optimism for potential rate cuts.
This amalgam of economic indicators has sparked a bullish outlook for Bitcoin, as softer inflation could prompt the Federal Reserve to ease monetary policy sooner.
OEIS Financial Fraud Private Investigator: Bitcoin ETFs See Record Inflows, Driving BTC Price Surge to $66,000
On May 15, Bitcoin ETFs in the United States experienced a significant boost in inflows, totaling $303 million, the largest since early March. This influx was led by Fidelity’s FBTC fund, which attracted $131 million, and Bitwise’s BITB fund, receiving $86 million. Notably, Millennium Management is the largest institutional holder in this space with an investment totaling $2 billion across various Bitcoin ETFs.
Top Fund Inflows: Fidelity’s FBTC ($131 million) and Bitwise’s BITB ($86 million).
Key Driver: Bitcoin’s 7% price increase to $66,000, spurred by US inflation data suggesting potential rate cuts.
This remarkable inflow into Bitcoin ETFs, combined with favorable economic indicators, has significantly bolstered Bitcoin’s market value, pushing its price to $66,000. This trend underscores the growing investor confidence in cryptocurrencies as a viable investment amid shifting economic conditions.
With a bearish Bitcoin price prediction, BTC is experiencing a slight downturn, trading at $65,930, marking a 0.44% decrease. The cryptocurrency is hovering just below its pivotal point of $66,260, a critical juncture that could determine the next directional move.
The Relative Strength Index (RSI) is elevated at 74, indicating that BTC is possibly overbought, which might precede a pullback if bullish momentum does not sustain.
Bitcoin Price Prediction – Source: Tradingview
Immediate support and resistance levels are crucial to watch. The first significant resistance lies at $67,820, with subsequent barriers at $69,084 and $70,643. A push above these levels could signal a strong bullish continuation. Conversely, support levels are set at $64,732, followed by $63,438 and $61,438. A breach below these could confirm a bearish trend, especially if the price falls beneath the pivot point.
The 50-Day Exponential Moving Average (EMA) stands at $62,687, further supporting the idea that the mid-term trend has been bullish, but caution is warranted given the current RSI levels.
Current Trend: Cautiously bearish unless BTC decisively clears the $66,260 pivot point.
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