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Operation QUICSILVER Targets Myanmar Government and IT with QUICAgent Backdoor
Seqrite Labs details Operation QUICSILVER, a China-nexus espionage campaign targeting Myanmar government and IT with graduation-invite lures deploying QUICAgent backdoor.
Seqrite Labs reported Operation QUICSILVER, a cyber espionage campaign against Myanmar's government and IT sectors attributed with moderate confidence to a China-nexus actor. Since April 2026, attacks used fake Belgian-Myanmar holiday and Burmese graduation ceremony invitation lures delivered via VHD/LNK files that abuse ftp.exe (LOLBAS) to assemble and launch QUICAgent, a Go backdoor communicating over QUIC on UDP 443 with five commands and Startup-folder persistence. Separately, China-linked Mustang Panda was observed using an updated COOLCLIENT backdoor with a signed kernel-mode driver across Myanmar, Mongolia, Pakistan, and Russia.
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Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023
FinCEN urged banks to report cyber scams after a study found $12.7 billion stolen from US victims of crypto investment scams since 2023.
FinCEN analyzed more than 33,000 cyber fraud incident reports filed by roughly 1,300 financial institutions between September 2023 and December 2025, finding about $12.7 billion in losses to cryptocurrency investment scams across all 50 states. Traditional banks reported about $6.4 billion in suspected scam activity and crypto firms about $5.5 billion. Scam activity is growing, with monthly reports rising nearly 11% as centers expand beyond Myanmar, Cambodia, and Laos. The US later sanctioned Xinbi Guarantee, a Telegram-based marketplace used to launder over $36 billion.
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Risky Bulletin: Slovakia finds Russian backdoor in traffic speed cameras
Slovakia's NBU found an SMS-triggered backdoor in Russian-made NERO R-ONE traffic cameras, pausing a 279-unit deployment.
Slovakia's national security service NBU issued an alert against NERO R-ONE high-speed traffic cameras after finding a backdoor that grants shell and network access via SMS from hardcoded Russian phone numbers. The cameras are a rebranded version of the Russian CORDON PRO.M model by St. Petersburg firm Semicon, purchased via a Cyprus shell company under a €30 million EU-funded project. The report also found SecureBoot disabled, vulnerable web management, and unauthenticated live streams; the Interior Ministry paused deployment of 279 cameras pending independent assessment.
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