“A remote attacker could exploit this vulnerability in the IIS WebDAV Component with a crafted request using PROPFIND method. Successful exploitation could result in denial of service condition or arbitrary code execution in the context of the user running the application,” said Virendra Bisht, a vulnerability researcher at Trend Micro.
Last week, the 10th annual Pwn2own hacking challenge was hosted by Trend Micro's Zero Day Initiative (ZDI), with multiple groups of researchers taking aim at web browsers, operating systems and virtualization technology.
The Pwn2Own contest runs every year during the CanSecWest security conference in Vancouver, British Columbia. It's organized and sponsored by the Zero Day Initiative (ZDI), an exploit acquisition program operated by Trend Micro after its acquisition of TippingPoint.
Cybercriminals out of West Africa pilfered an average of $2.7 million from businesses and $422,000 on average from individuals during 2013-2015, according to new INTERPOL and Trend Micro data, a rate that is on the rise.