JD Supra

So You Went Public via a Reverse Merger? Are You a Shell Company?

In recent years, a variety of alternative paths to public ownership and trading liquidity have emerged. The reverse merger is among one of the oldest alternatives to a conventional IPO for a private ...

Reverse Mergers: Key Benefits and Risks for Investors

Explore how reverse mergers let private companies go public efficiently. Understand the benefits and risks of this alternative to traditional IPOs.
Bleeping Computer

Hackers exploit Four-Faith router flaw to open reverse shells

Threat actors are exploiting a post-authentication remote command injection vulnerability in Four-Faith routers tracked as CVE-2024-12856 to open reverse shells back to the attackers. The malicious ...
CSOonline

Chinese APT Billbug deploys new malware toolset in attack on multiple sectors

Latest campaign from the group also known as Lotus Blossom and Lotus Panda targeted Southeast Asian organizations with a new backdoor variant, Chrome credential stealers, and a reverse shell program.
Bleeping Computer

Stealthy 'Magic Packet' malware targets Juniper VPN gateways

A malicious campaign has been specifically targeting Juniper edge devices, many acting as VPN gateways, with malware dubbed J-magic that starts a reverse shell only if it detects a “magic packet” in ...
JD Supra

Going Public: Business Combination with a SPAC vs. Reverse Merger with a Non-SPAC Shell Company

A special purpose acquisition company (SPAC) is a blank-check company with no business operations, formed to raise capital through an initial public offering (IPO) for the purpose of effecting a ...
CSOonline

Ransomware actors target patched SonicWall SMA devices with rootkit

A hacker group connected to data theft, extortion, and ransomware is targeting SonicWall SMA 100 series appliances with a custom rootkit that opens reverse shells and steals passwords. A group of ...