Unicoin, a leading cryptocurrency company, experienced a cyberattack beginning on August 9, 2024, which severely disrupted its operations for nearly four days. The breach occurred when a hacker gained unauthorised access to the company’s Google G-Suite account, affecting all…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Massive Data Breach Worsens as New Details Emerge Across US, UK, and Canada
Several days ago, the company whose data breach could have potentially exposed all Americans’ Social Security numbers to identity thieves confirmed that they were victims of a data breach, stressing that they obtained even more sensitive data than previously…
Protecting Your Wallet: Understanding NGate Android Malware
A new and sophisticated malware has emerged, targeting the increasingly popular Near Field Communication (NFC) payment systems. Known as NGate, this Android malware has been discovered by ESET Research and poses a significant risk to users’ financial security. This blog…
Iranian Threat Actor TA453 Targets Jewish Figure with Fake Podcast Invite in Malicious Campaign
A recent cyber campaign by the Iranian threat actor TA453 has drawn significant attention following their targeting of a prominent Jewish religious figure with a fake podcast interview invitation. The campaign, which began in July 2024, involved a series…
Florida Medical Lab Data Breach Exposes 300,000 Individuals’ Sensitive Information
Florida-based medical laboratory, American Clinical Solutions (ACS), recently experienced a significant data breach that exposed the sensitive information of approximately 300,000 individuals. The hacking incident, attributed to the criminal group RansomHub, resulted in the theft of 700 gigabytes of…
AI Revolutionizing Accounting: Experts Urge Accountants to Embrace Technology for Future Success
Artificial Intelligence (AI) is capable of handling repetitive tasks, but accountants who embrace and integrate technology can concentrate on more valuable activities beyond basic number-crunching, according to Md Sajid Khan, Director – India at the Association of Certified…
Google Assures Privacy with Gemini AI: No Data Sharing with Third Parties
Google recently announced bringing into view its Gemini AI technology, beginning with the latest Pixel 9 devices. As part of this consequential development, Google has reassured users about the strong privacy and security measures surrounding their personal data, addressing growing…
Ransomware Actors Extorted More Than $450 Million in First Half of 2024
In the first half of 2024, victims of ransomware have paid $459,800,000 to attackers; if ransom payments continue at this pace, this year might establish a new record. Ransomware payments hit a historic high of $1.1 billion last year,…
Mac Users Targeted by Hackers Through Microsoft App Security Flaw
During the past couple of weeks, Cisco Talos, one of the world’s most respected cybersecurity companies known for its cutting-edge cybersecurity products, has discovered at least eight security vulnerabilities. As a result of these bugs, researchers have found that…
When Cybersecurity Fails: The Impact of the Microchip Technology Hack
In an era where digital transformation is at the forefront of every industry, cybersecurity remains a critical concern. The recent cyberattack on Microchip Technology, a leading provider of microcontrollers and analog semiconductors, underscores the vulnerabilities that even the most advanced…
Hackers Spread Disinformation to undermine Taiwan’s Military
Foreign hackers are increasingly targeting Taiwan by hijacking social media accounts to spread disinformation aimed at undermining the country’s military, according to a statement released by the Ministry of Justice Investigation Bureau (MJIB) yesterday. The hackers, believed to be…
Lawsuits Pile Up Against Florida-Based Data Firm After Security Breach
Given all of the major news events that have dominated headlines this summer, you’d be forgiven for missing yet another: reports that a massive data breach may have disclosed billions of details, including names, social security numbers, and addresses. …
How AI and Machine Learning Are Revolutionizing Cybersecurity
The landscape of cybersecurity has drastically evolved over the past decade, driven by increasingly sophisticated and costly cyberattacks. As more businesses shift online, they face growing threats, creating a higher demand for innovative cybersecurity solutions. The rise of AI…
Critical LiteSpeed Cache Plugin Flaw CVE-2024-28000 Sparks a Surge in Cyberattacks
According to cyber security researchers, there is a critical security flaw in the LiteSpeed Cache plugin for WordPress that users can exploit without authentication to gain administrative privileges on the site. It is an all-in-one site acceleration plugin that…
Costa Rican Authorities Issue Warning as Social Media Identity Theft Cases Double
With the rapid evolution of technology, there has been a concerning rise in cybercrime, particularly in the realm of identity theft on social media platforms. The Cybercrime Unit of the Public Prosecutor’s Office has observed a significant surge in…
Navigating Without GPS: Quantum Breakthroughs and Their Impact
From everyday smartphone users to military operations, GPS plays a crucial role in determining precise locations. However, the dependency on GPS comes with its own set of vulnerabilities, including signal disruptions and potential spoofing. Enter the groundbreaking research from Sandia…
Fintechs Encouraged to Join National Cyber Fraud Reporting System
The Fintech Association of India (FACE) has urged its members to register on the Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS). This platform, part of the broader National Cybercrime Reporting Portal, facilitates the reporting and management of financial…
Flight Aware User Data Leaked Following Misconfiguration
FlightAware, a flight tracking company, urges some customers to change their account login passwords after a data breach may have compromised private data. This Houston-based technology company provides aircraft tracking data in both real time and historical format. Furthermore,…
Chemical Giant Orion Loses $60 Million in Email Scam
Luxembourg-based Orion S.A., a leading supplier of carbon black, has been defrauded of a staggering $60 million. The company alerted the US Securities and Exchange Commission (SEC) on August 10th through an official filing (Form 8-K). The filing reveals…
T-Mobile Customers Alarmed by Unfamiliar Support Links, But They Are Legitimate
T-Mobile customers have recently raised concerns after receiving unusual-looking links from the company’s support channels, leading to fears of potential phishing scams. However, investigations have confirmed that these links are legitimate, though their appearance and unfamiliar origin have caused…