New PowerExchange Backdoor Used in Iranian Cyber Attack on UAE Government

An unnamed government entity associated with the United Arab Emirates (U.A.E.) was targeted by a likely Iranian threat actor to breach the victim's Microsoft Exchange Server with a "simple yet effective" backdoor dubbed PowerExchange. According to a new report from Fortinet FortiGuard Labs, the intrusion relied on email phishing as an initial access pathway, leading to the execution of a .NET