Latest / Tech Talks With Kinsoft / Last Week in Tech - F5 and Check Point Under Fire, a $387 Million Spoofed Approval, and AI Agents Go Carding
Transcript
- 0:00Welcome to today's deep dive. Imagine for a second
- 0:03spending millions of dollars on state -of -the
- 0:06-art digital security, right? You fortify your
- 0:09network, you hire the best teams, only to realize
- 0:12that the very firewalls you bought to protect
- 0:15you are like the exact doors hackers are using
- 0:18to break in. Yeah, it completely flips the entire
- 0:21concept of security on its head. It really does.
- 0:24And we know you are here because you want a clear,
- 0:27you know, hype -free synthesis of exactly this
- 0:30kind of paradigm shift. You're looking for the
- 0:32actual signal through the noise of the weekly
- 0:33news cycle. Right. And it is a profound shift.
- 0:36Honestly, it's the definitive theme we pulled
- 0:39from our briefing covering the most critical
- 0:41tech and cybersecurity events from the past week,
- 0:43ending September 28th, 2026. Which is just a
- 0:47packed week. Oh, yeah, absolutely. And the core
- 0:50takeaway is that the foundational technologies
- 0:52and systems we just implicitly trust to keep
- 0:56us safe, well, they're failing at a structural
- 0:58level. Yeah. And our mission today is to explore
- 1:01exactly how this illusion of control is being
- 1:05shattered for you. We're going from perimeter
- 1:08defenses becoming the actual attack surface to
- 1:10a massive crypto heist where the security system
- 1:13functioned perfectly but still authorized the
- 1:15theft. And then looking at how the sheer economics
- 1:18of cybercrime are just collapsing due to AI.
- 1:21It's a lot of ground to cover. It is. So let's
- 1:25start right at the perimeter wall. We historically
- 1:27view firewalls and VPN gateways as our digital
- 1:31armor. But this week, the major story is about
- 1:34vulnerabilities in F5, Big IP, and checkpoint
- 1:37systems. It's like the armor essentially grew
- 1:39spikes on the inside. Right. And the speed of
- 1:42the response from federal authorities here really
- 1:45tells you everything you need to know about the
- 1:46severity. So on September 22nd, F5 published
- 1:49an advisory for a flaw in their big IP access
- 1:52policy manager. And this isn't just a small tool,
- 1:55right? No, not at all. This is a component massive
- 1:58organizations use. Think global banks, governments,
- 2:01Fortune 500s. They all use it to manage remote
- 2:04access. And the U .S. Cybersecurity and Infrastructure
- 2:07Security Agency, or CISA, they added it to their
- 2:11known exploited vulnerabilities catalog that
- 2:13exact same day. Wow, the exact same day. Yeah,
- 2:16giving federal agencies a mere three days to
- 2:18secure it. Okay, let's unpack this. A three -day
- 2:22turnaround for federal agencies is a massive
- 2:25scramble. I mean, the vulnerability is cataloged
- 2:28as CVE -2026 -94127, and it carries a 9 .8 severity
- 2:34score. out of 10. Nearly perfect. Right. Almost
- 2:37as bad as it gets. The briefing describes it
- 2:40as an unauthenticated remote code execution caused
- 2:43by a heap buffer overflow. And I know we've touched
- 2:46on buffer overflows before, but remind us of
- 2:48the mechanics behind why this allows someone
- 2:50to just walk in without a password. Well, to
- 2:54understand the mechanics of a heap buffer overflow,
- 2:56you have to think of a computer's act of memory,
- 2:59the heap, as a series of meticulously organized,
- 3:03flexible storage bins. Okay. Bins. Got it. Right.
- 3:06So a buffer overflow happens when an attacker
- 3:09intentionally shoves way too much data into one
- 3:12specific bin. The software basically fails to
- 3:15check the size of the data, so the excess spills
- 3:17over into the adjacent bins. And what's in those
- 3:20adjacent bins usually? Well, that's the danger.
- 3:23If those adjacent bins happen to hold critical
- 3:26system instructions, the attacker's spillover
- 3:29data actually overwrites those instructions with
- 3:31their own malicious code. Oh, wow. Yeah. So the
- 3:34system then executes that malicious code thinking
- 3:37it's just part of its normal routine. So it's
- 3:40not even like a broken lock on a bank vault.
- 3:42It's more like a bank teller's cash drawer. Like
- 3:45if a hacker shoves a massive stack of $1 bills
- 3:48into the $20 slot and they spill over into the
- 3:50$100 slot, suddenly the system's reality is warped.
- 3:54It thinks you deposited hundreds instead of ones.
- 3:56That is a highly accurate way to visualize it,
- 3:59actually. You've just overwritten the system's
- 4:02reality by cramming too much data into a space
- 4:04that wasn't built to contain it. Exactly. You
- 4:07are manipulating the system's memory to force
- 4:09it to execute commands it was never programmed
- 4:12to run. And what's fascinating here is that we
- 4:15are witnessing the devices meant to face the
- 4:17hostile Internet and protect our internal networks
- 4:20becoming the primary attack surface themselves.
- 4:23Because they're the things exposed to the outside.
- 4:25Right. And we saw a similar crisis unfold on
- 4:28the very same day with Checkpoint. Yeah. Checkpoint
- 4:31released an advisory bluntly titled Action Required,
- 4:35dealing with two critical flaws being actively
- 4:37exploited. One involved how their security gateways
- 4:40and Spark firewalls handle VPN certificates.
- 4:43But the second one really caught my eye. The
- 4:46zero day. Yes, it was a true zero day in their
- 4:50security management server. It was described
- 4:52as a pre -authentication path traversal vulnerability.
- 4:55Wait, let me make sure I've got path traversal
- 4:58right. Is that like if I ask a librarian for
- 5:01a specific book in the public reading room, but
- 5:03I use some weird coded language that tricks her
- 5:06into walking backwards through the staff doors
- 5:08and handing me the master keys to the building?
- 5:10You've captured the exact mechanism there. In
- 5:12a typical web application, a user might request
- 5:15a file. Like an image. And the application looks
- 5:19in the public images folder. Makes sense. But
- 5:22with a path traversal vulnerability, the attacker
- 5:25inputs a sequence of characters, usually a series
- 5:27of dots and slashes. And that commands the server
- 5:30to move backwards out of that public directory
- 5:33and up into the restricted system directories.
- 5:36So they're literally just telling the computer
- 5:38to go back a folder? Yes, over and over. And
- 5:41suddenly, instead of serving a harmless image,
- 5:44the server is handing over password files or
- 5:46execution scripts. And importantly for checkpoint
- 5:49users, fixing this requires a full system update.
- 5:52Oh, you can't just patch it. No, you can't just
- 5:54apply a quick live patch, which is their system
- 5:57for applying fixes without rebooting. It requires
- 6:00actual downtime. And just to show how widespread
- 6:03this perimeter failure really is, Arista's Valero
- 6:06Orchestrator also has a critical, actively exploited
- 6:09flaw right now regarding certificate authentication.
- 6:12Right, the orchestrator. Yeah, which manages
- 6:14their SD -WAN products. For anyone unfamiliar,
- 6:17that stands for Software Defined Wide Area Network.
- 6:20It's essentially the intelligent traffic cop
- 6:22that routes a company's data across different
- 6:24internet connections. If that gets compromised,
- 6:26well, the attacker controls the map. They absolutely
- 6:29do. But to bring this back to practical reality
- 6:32for you, the listener, There is a crucial nuance
- 6:35with the F5 situation specifically. Okay, what's
- 6:38that? It is only exploitable if the access policy
- 6:41manager is configured as an OAuth authorization
- 6:44server. Okay, wait, let's define that quickly
- 6:47because that sounds like a massive piece of jargon
- 6:49that dictates whether an IT team needs to panic
- 6:52today or not. Yeah, fair enough. OAuth is essentially
- 6:55the digital bouncer for your network. When you
- 6:58click log in with Google or log in with Microsoft
- 7:01on a third -party website, That's OAuth. You
- 7:04are giving the third party your password, right?
- 7:06The bouncer verifies your identity and hands
- 7:09the third party a temporary VLP wristband, a
- 7:12token that grants them access. Oh, I see. So
- 7:15if your F5 system is set up to be that bouncer
- 7:18generating those wristbands, you are vulnerable.
- 7:21Scanners show over 14 ,700 internet -facing IP
- 7:25addresses with that specific big IP fingerprint
- 7:28right now. Over 14 ,000. So the strategic takeaway
- 7:32for anyone running F5 or Checkpoint Spark isn't
- 7:35just to casually patch during the next cycle.
- 7:38The consensus from the data is clear. You have
- 7:40to assume you've been probed. The most critical
- 7:43question for IT teams this morning is checking
- 7:45for that specific OAuth bouncer configuration.
- 7:48Precisely. Now, if the perimeter walls, the firewalls,
- 7:51and VPNs are compromised, attackers are inside
- 7:54the network. So how do we catch them? Right.
- 7:57Usually we rely on human verification and internal
- 8:00controls, but our next piece of intelligence
- 8:03really demonstrates what happens when the information
- 8:05humans rely on to verify transactions is structurally
- 8:10compromised. Which brings us to the BitGet cryptocurrency
- 8:13exchange theft. On September 24th, BitGet detected
- 8:16unauthorized transfers that resulted in a staggering
- 8:19$387 .5 million being stolen. Just a massive
- 8:24amount of money. Huge. But the amount isn't even
- 8:27the most alarming part. It's how they did it.
- 8:30The attackers didn't steal the private keys to
- 8:32the crypto wallets. Instead, they compromised
- 8:35a back -end system, spoofed the transaction data,
- 8:38and fed that fake data into BitGet's own authorization
- 8:41process. The methodology is the core issue here.
- 8:45The internal controls worked exactly as they
- 8:48were designed to work. Right. The system required
- 8:50an approval, and an approval was given. Exactly.
- 8:54The problem is that the attacker controlled the
- 8:56back end, preparing the request. See, here's
- 8:59where it gets really interesting for me. I'm
- 9:01reading this and thinking, a human still had
- 9:04to approve this transfer. If a human clicks approve
- 9:07on sending hundreds of millions of dollars to
- 9:09a criminal, how is that not just a colossal human
- 9:12error? I mean, shouldn't they have noticed the
- 9:14destination address was wrong? It is entirely
- 9:16natural to look for a human scapegoat in that
- 9:19scenario. But it is not human error if the screen
- 9:22is actively lying to the human. Lying to them?
- 9:26Yeah, think about it. If the human is looking
- 9:28at a dashboard that says, transfer $50 ,000 to
- 9:31internal wallet A for daily liquidity, they will
- 9:34click approve. But if the attacker has compromised
- 9:37the backend API, the middleman that carries data
- 9:40from the database to the screen, they can alter
- 9:42the reality. How exactly does that API interception
- 9:46work, technically, though? So the front end,
- 9:49which the human sees, asks the back end database
- 9:51for the transaction details. The attacker is
- 9:54sitting right in the middle, intercepting that
- 9:56request. Okay. The database says, yes, this is
- 10:00a routine $50 ,000 internal transfer. The attacker's
- 10:03script grabs that data before it reaches the
- 10:06screen, rewrites it to still say routine $50
- 10:08,000 transfer, but changes the hidden destination
- 10:12code to the attacker's wallet. Oh, man. And they
- 10:15multiply the hidden amount. So the human sees
- 10:17a perfectly legitimate looking screen, clicks
- 10:20approve, and the system logs that a human verified
- 10:22the transaction. The human control is entirely
- 10:25bypassed because they were just rubber stamping
- 10:27a lie. So they didn't forge the signature on
- 10:30the bank check. They altered the printed numbers
- 10:32on the check after it was already signed, essentially.
- 10:34Basically, yes. Just to wrap up the facts on
- 10:37BitGet, they claim their cold wallets are secure,
- 10:40their user protection fund covers the loss, and
- 10:43they've actually started reopening withdrawals.
- 10:45Their internal assessment suspects North Korea
- 10:47is behind it, based on VPN IP addresses, though
- 10:51we always have to note that's unverified by law
- 10:53enforcement at this stage. They've also frozen
- 10:55some funds and offered a 5 % recovery bounty.
- 10:58The larger implication here translates directly
- 11:01into your daily business workflows, far beyond
- 11:04cryptocurrency. How so? Well, consider your own
- 11:06finance team. When they approve a massive payroll
- 11:09run or a vendor payment into your accounting
- 11:11software, where does the information on their
- 11:14screen actually come from? Could a compromised
- 11:16API alter the destination routing numbers before
- 11:19the human ever sees the final approval screen?
- 11:21That is a terrifying thought. We inherently trust
- 11:25internal dashboards. But if the foundation feeding
- 11:28them is compromised, your human verification
- 11:30is totally useless. And bypassing human controls
- 11:33like that requires intense sophistication. Doing
- 11:36it at scale used to require an army of highly
- 11:39skilled, expensive hackers. But looking at our
- 11:42next source, the barrier to entry for that level
- 11:44of sophistication has completely vanished. It
- 11:47really has. The economics of cybercrime are just
- 11:50collapsing due to AI. We are pulling from a sobering
- 11:53report by Gambit Security regarding a Chinese
- 11:56-speaking operator running an AI card skimming
- 11:59campaign. And the operator didn't write hundreds
- 12:02of custom exploits. They used three open source
- 12:05AI agent tools to build an automated self -managing
- 12:08attack pipeline. The technical breakdown of this
- 12:11is wild. They used one AI agent as the orchestrator,
- 12:14like the project manager. A second AI agent was
- 12:18the scout. deployed to scan the internet for
- 12:20vulnerabilities. And a third AI agent was the
- 12:23demolition expert executing the actual exploits.
- 12:25And the efficiency is staggering. Between September
- 12:2810th and 15th, they executed 105 attacks. They
- 12:32compromised at least 27 companies, including
- 12:34a Fortune 500 hospitality brand and a major U
- 12:37.S. airline. Wow. Over 600 ,000 credit card records
- 12:41were stolen from just two of those victims. I
- 12:43have to push back here, though. Aren't models
- 12:45like Anthropix Clod or OpenAI systems supposed
- 12:48to have strict safety guardrails precisely to
- 12:51stop them from writing malicious code? This raises
- 12:53an important question, and the source material
- 12:55provides a fascinating look into the attacker's
- 12:58methodology here. The attacker used Anthropix
- 13:01Clod Opus 4 .6 for the orchestration agent. Okay.
- 13:04The report specifically notes that newer models
- 13:06did refuse the attacker's request due to safety
- 13:09guardrails. So the attacker essentially went
- 13:12model shopping. They utilized an older or jailbroken
- 13:15version of Claude to act as the brains, while
- 13:18using models like DeepSeek and GLM for the grunt
- 13:21work. Okay, let's unpack this orchestration part,
- 13:23because how does a chatbot actually orchestrate
- 13:26an attack? It's not just sitting there typing
- 13:28out code into a terminal, right? No, no, these
- 13:31aren't chatbot interfaces. These are API agents
- 13:34plugged directly into the execution environment.
- 13:37Claude acts as the manager. It is given a high
- 13:40-level goal like extract data from this target.
- 13:43And then what does it do? It generates the command
- 13:45prompts, sends them to the deep -seek scanning
- 13:48agent, reads the scout's report, and then formulates
- 13:51a specific attack plan. If the GLM execution
- 13:54agent tries the attack and gets an error code
- 13:57back from the server, the cloud orchestrator
- 13:59reads the error, understands why the attack failed,
- 14:02writes a new script to bypass the error, and
- 14:05orders the execution agent to try again. Wait,
- 14:07so it just fixes its own mistakes on the fly?
- 14:10Yes, it is dynamically adjusting the attack in
- 14:13real time without any human intervention. That
- 14:16is terrifying. And because they are using automated
- 14:19agents, the cost is basically a rounding error.
- 14:21The report estimates the mean cost per completed
- 14:24scan was about $25. Yep, $25. The entire campaign,
- 14:30which yielded hundreds of thousands of stolen
- 14:32credit cards, cost between $12 ,000 and $18 ,000
- 14:35total. It shatters the economic model of cyber
- 14:38defense. A criminal can now buy the equivalent
- 14:41of a highly skilled 24 -7 hacking team for the
- 14:45price of a used car. So what is the defense against
- 14:48a $25 AI mercenary then? The briefing points
- 14:51specifically to compliance standards, namely
- 14:53PCI DSS version 4. For anyone who doesn't handle
- 14:56e -commerce, that's the payment card industry
- 14:58data security standard. Historically, a lot of
- 15:01merchants viewed PCI compliance as just... you
- 15:04know, an annual paperwork headache. Right, but
- 15:07version 4 introduces strict requirements to actively
- 15:10monitor the scripts running on your payment pages.
- 15:13Previously, you might review your code every
- 15:15few months. Sure. But with the $25 AI bot constantly
- 15:19probing your site, capable of dynamically rewriting
- 15:23its attack to bypass your defenses in seconds,
- 15:25automated monitoring is no longer just a paperwork
- 15:28exercise. It's your only line of defense fast
- 15:32enough to notice an AI injecting a malicious
- 15:34card skimmer into your checkout page before your
- 15:37customer's data is exported. The speed of AI
- 15:39attacks mandates high -speed automated defense.
- 15:43But running 10 to the pi of dynamic AI agents
- 15:46a week isn't magic, right? It requires massive
- 15:49physical computing power. And that insatiable
- 15:52demand for processing power is quietly triggering
- 15:54a massive squeeze in the global hardware supply
- 15:57chain. which brings us to an incredible infrastructure
- 16:00shift. Yeah, we are looking at an $11 .6 billion
- 16:03seven -year agreement between Akamai and Anthropic,
- 16:06with room to expand by another $9 billion. Huge
- 16:10numbers. Anthropic gets CPU workloads on Akamai's
- 16:12cloud, and in return, Anthropic gets a warrant
- 16:15for up to roughly 5 % of Akamai's stock. And
- 16:18in response to securing this deal, Akamai expects
- 16:21about $5 .5 billion in related capital spending.
- 16:25Crucially, they are pre -buying $1 .7 billion
- 16:28in physical memory this year alone to build out
- 16:31the capacity. Wait, Akamai, I know them as a
- 16:34content delivery network and a security vendor.
- 16:36Their main job is making sure websites load fast
- 16:38across the globe and blocking DDoS attacks, which
- 16:41is a distributed denial of service. Basically,
- 16:43when hackers flood a website with so much junk
- 16:46traffic, it crashes. Why is a network routing
- 16:49and security company getting into the heavy -duty
- 16:51AI computing business? Because the sheer physics
- 16:54of AI demand it. Anthropic needs compute power
- 16:57closer to the edge of the network, and Akamai
- 16:59has data centers everywhere. We are seeing traditional
- 17:02security vendors morphing into massive compute
- 17:05businesses just to feed the AI beast. So what
- 17:08does this all mean? If a company whose main job
- 17:10is routing internet traffic is suddenly buying...
- 17:13billions in physical memory chips. It's like
- 17:16a local parcel delivery service buying up all
- 17:18the diesel fuel in the entire country because
- 17:20they just partnered with a global freight train
- 17:22network. That analogy perfectly captures the
- 17:25market disruption. When a single company pre
- 17:28-buys $1 .7 billion worth of memory, it sends
- 17:31a massive signal. Prices are going up. Hardware
- 17:34is going to get scarce and it is going to get
- 17:36expensive. The AI boom is literally hoarding
- 17:39the world's computer memory. Which means the
- 17:42strategic takeaway for you listening is immediate.
- 17:44If your company has a server refresh scheduled
- 17:46or you need to buy a fleet of new laptops for
- 17:49your team in the next 12 months, you need to
- 17:51call your vendors and lock in your pricing right
- 17:53now. Do not wait or you will be competing against
- 17:56these billion dollar AI infrastructure build
- 17:58outs. We are looking at a wild future of dynamic
- 18:01AI agents and hardware shortages. But, you know,
- 18:04the irony of our digital foundation is that some
- 18:07of the most critical data in the world. isn't
- 18:09being guarded by futuristic tech. It's sitting
- 18:12on legacy software, which is just as vulnerable.
- 18:15Right, which brings us to the extortion claims
- 18:17involving the FBI. The cybercriminal group known
- 18:20as Shiny Hunters claimed this week that they
- 18:22breached the FBI. They say they used a new unpatched
- 18:25zero -day vulnerability in Oracle PeopleSoft
- 18:28to steal terabytes of data about FBI staff and
- 18:32job applicants. As your guides through this intelligence,
- 18:35it is vital we clearly delineate confirmed fact.
- 18:38from criminal claim here. Always. The factual
- 18:42baseline is this. The FBI confirmed they are
- 18:45investigating a claimed compromise. The FBIjobs
- 18:49.gov portal was taken offline, and the FBI stated
- 18:52that the point of compromise, whether it was
- 18:54a third -party vendor or their own systems, is
- 18:57still undetermined. Exactly. The claims of a
- 19:01new Oracle Zero Day, the specific scale of the
- 19:04stolen data, and the actual systems involved
- 19:07are strictly the extortion group's unverified
- 19:09claims. Oracle has not commented, and there is
- 19:12no new CVE issued for this supposed Zero Day.
- 19:16Right. But I have to ask, if the Zero Day and
- 19:20the terabytes of data are completely unverified
- 19:23claims from criminals trying to drum up extortion
- 19:25leverage, Why are we dedicating time to it on
- 19:28today's deep dive? Why give them the oxygen?
- 19:32If we connect this to the bigger picture, whether
- 19:34Shiny Hunter's specific claim is true or a complete
- 19:38fabrication, the threat vector they are pointing
- 19:41at is incredibly real. Oracle PeopleSoft is a
- 19:45ubiquitous legacy HR system. It is heavily relied
- 19:49upon by government agencies, massive corporations,
- 19:52and universities everywhere. Ah, I see. So while
- 19:57everyone is worried about highly advanced AI
- 19:59orchestrators, the backdoor is a 15 -year -old
- 20:03HR portal processing job applications. It's the
- 20:06foundation cracking again. You might have a cutting
- 20:09-edge AI firewall, but your legacy administrative
- 20:11systems are your actual attack surface. Precisely.
- 20:14And the takeaway here is clear. If your university
- 20:18or government agency runs PeopleSoft, you cannot
- 20:21wait around to see if the zero -day rumors are
- 20:23true. What should they do? You must ensure that
- 20:27the confirmed June PeopleSoft fix, that is CVE
- 20:30-2026 -35273, is applied immediately to remove
- 20:35the known vulnerabilities while we wait for the
- 20:37facts on the unknown ones. Okay, let's take a
- 20:40breath and recap the journey we've been on today.
- 20:43We set out to explore how the foundations of
- 20:45digital trust are shifting. We saw how the very
- 20:48firewalls meant to protect us, like F5 and Checkpoint,
- 20:51are now the primary targets due to deep memory
- 20:54flaws and path traversals. We saw how human approval
- 20:57processes mean nothing if a crypto platform's
- 21:00backend API is spoofing the data right on the
- 21:02screen. We looked at how a $25 AI cyber mercenary
- 21:06operation can dynamically rewrite code to steal
- 21:09hundreds of thousands of credit cards, and how
- 21:11the AI boom is literally hoarding the world's
- 21:14computer memory. The illusion of control is dissolving
- 21:17across the board. We are relying on legacy software,
- 21:21vulnerable perimeters, and screens that can literally
- 21:24lie to us. Which leaves us with a final, rather
- 21:28provocative thought. Lay it on us. If an AI can
- 21:32now orchestrate a highly complex cyber attack
- 21:34for the price of a takeout dinner, and if our
- 21:37human approval processes can be so easily bypassed
- 21:40by spoofed backend data, What happens when those
- 21:43two realities merge? Oh, man. What happens when
- 21:47an AI agent doesn't just spoof the financial
- 21:50data on your dashboard, but also spoofs the internal
- 21:53emails, the Slack messages, and generates the
- 21:56voice memos from your boss asking you to approve
- 21:58it? That is wild. How will we verify what is
- 22:03actually real inside our own companies when the
- 22:06foundation of communication itself can be so
- 22:09cheaply and perfectly fabricated? That is a heavy,
- 22:14heavy question to mull over. If the digital foundation
- 22:17we stand on is shifting that rapidly, maybe it's
- 22:20time we stop admiring the view from the penthouse
- 22:22and start thoroughly inspecting the basement.
- 22:25Thank you so much for joining us on this deep
- 22:27dive. Keep questioning the systems you trust,
- 22:29keep learning, and we'll see you next time.