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financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. consumers have their online bank accounts hijacked and plundered by hackers, U.S. Indeed, Satnam Narang, senior staff research engineer at Tenable, notes that almost half of the security flaws Microsoft patched this week are elevation of privilege bugs. Attackers will seek to gain SYSTEM or domain-level access in order to disable security tools, grab credentials with tools like Mimkatz and move laterally across the network.

Privilege escalation vulnerabilities are a common occurrence in almost every security compromise. “This specific vulnerability is a local privilege escalation, which means that an attacker would already need to have code execution on a host to use this exploit. “Despite its relatively low score in comparison to other vulnerabilities patched today, this one should be at the top of everyone’s list to quickly patch,” said Kevin Breen, director of cyber threat research at Immersive Labs. Microsoft says the flaw is being actively exploited, and that it was reported by an anonymous individual. The new zero-day flaw– CVE-2022-41033 - is an “elevation of privilege” bug in the Windows COM+ event service, which provides system notifications when users logon or logoff. However, noticeably absent from this month’s Patch Tuesday are any updates to address a pair of zero-day flaws being exploited this past month in Microsoft Exchange Server.

Microsoft today released updates to fix at least 85 security holes in its Windows operating systems and related software, including a new zero-day vulnerability in all supported versions of Windows that is being actively exploited.

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