According to a recent announcement, German software company PSI Software SE revealed that it fell victim to a ransomware attack, disrupting its internal infrastructure. The company, specialising in software solutions for energy suppliers worldwide, including control systems for operations,…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Indian Authorities Probes Data Breach Concerns Involving PMO and EPFO
The Open-Source Intelligence (OSINT) team at India Today reviewed leaked data that claimed a Chinese state-affiliated hacker group had targeted major Indian government offices, such as the “PMO” (likely the Prime Minister’s Office), as well as businesses like Reliance…
Exploring the Spike in Data Breaches in 2023
In 2023, there has been a significant surge in data breaches, raising concerns globally. The upswing in cyber incidents can be attributed to various factors, reflecting the intricate dynamics of our digital age. Firstly, the rapid pace of digital…
ALPHV Ransomware Strikes: LoanDepot and Prudential Financial Targeted
Recently, Prudential Financial and loanDepot, two Fortune 500 companies were attacked by the ALPHV/Blackcat ransomware gang, which claims responsibility for the breaches. Despite the threat actors still having to prove their claims, the two companies were added to ALPHV’s…
Researchers Unveil Sound-Based Attack: Swipe Sounds Used to Recreate Fingerprints
A group of researchers from China and the US has introduced an intriguing new method for compromising biometric security systems. Their study, titled “PrintListener: Uncovering the Vulnerability of Fingerprint Authentication via the Finger Friction Sound,” presents a novel side-channel…
Indian SMEs Lead in Cybersecurity Preparedness and AI Adoption
In an era where the digital landscape is rapidly evolving, Small and Medium Enterprises (SMEs) in India are emerging as resilient players, showcasing robust preparedness for cyber threats and embracing the transformative power of Artificial Intelligence (AI). As the…
UK Led Global Operations Disrupt LockBit’s Criminal Network
One of the most notorious cybercrime organisations in the world has been hit by an unprecedented police operation involving the arrest and indictment of members of the Lockbit ransomware group by the FBI and Britain’s National Crime Agency. The…
Cactus Ransomware Strikes Schneider Electric, Demands Ransom
In a recent cyber attack, the Cactus ransomware group claims to have infiltrated Schneider Electric’s Sustainability Business division, stealing a substantial 1.5 terabytes of data. The breach, which occurred on January 17th, has raised concerns as the gang now…
IBM Signals Major Paradigm Shift as Valid Account Attacks Surge
As a result of IBM X-Force’s findings, enterprises cannot distinguish between legitimate authentication and unauthorized access due to poor credential management. Several cybersecurity products are not designed to detect the misuse of valid credentials by illegitimate operators, and this…
AI’s Influence in Scientific Publishing Raises Concerns
The gravity of recent developments cannot be overstated, a supposedly peer-reviewed scientific journal, Frontiers in Cell and Developmental Biology, recently published a study featuring images unmistakably generated by artificial intelligence (AI). The images in question include vaguely scientific diagrams labelled…
AI Solutions Address Military Concerns: Speeding Up Soldier Recruitment Amidst Shrinking Forces
With the British Army facing a depleted workforce and an increased need for recruitment, artificial intelligence (AI) has been incorporated into its recruitment process to expedite its process. As part of a new AI system developed by outsourcing firm…
Qloo Raises $25M in Series C Funding to Expand Cultural Reach with AI
The consumer industry’s success is predicated on making accurate forecasts about what people want, could want if offered, and may want in the future. Until recently, companies were able to collect huge volumes of personal data from multiple sources…
Generative AI Revolutionizing Indian Fintech
Over the past decade, the fintech industry in India has seen remarkable growth, becoming a leading force in driving significant changes. This sector has brought about a revolution in financial transactions, investments, and accessibility to products by integrating advanced…
Navigating the Challenges of Personhood Data in the Age of AI
In the ever-evolving geography of technology and data security, the emergence of AI-generated content and deepfake technology has thrust the issue of particular data into the limelight. This has urged a critical examination of the challenges girding Personhood Verification,…
How a Fake CIA Agent Duped Someone out of $50,000
Given a recent incident reported by The Cut, freelance finance writer Charlotte Cowles fell victim to an elaborate scam that highlights the dangers of social engineering. The scam began with a call from a number appearing as “Amazon,” leading…
Here’s How to Safeguard Your Online Travel Accounts from Hackers
Just days following Kay Pedersen’s hotel reservation in Chiang Mai, Thailand, via Booking.com, she received a troubling email. The email, poorly written in broken English, warned her of “malicious activities” within her account. Subsequently, Kay and her husband, Steven,…
Hackers can Spy on Cameras Through Walls, New Study Reveals
A new threat to privacy has surfaced, as scientists in the United States have discovered a technique to eavesdrop on video feeds from cameras in a variety of devices, including smartphones and home security systems. The EM Eye technique…
End-User Risks: Enterprises on Edge Amid Growing Concerns of the Next Major Breach
The shift to remote work has been transformative for enterprises, bringing newfound flexibility but also a myriad of security challenges. Among the rising concerns, a prominent fear looms large – the potential for end-users to inadvertently become the cause…
Everything You Need To Know About VPN
In an era where our daily lives intertwine with the digital world, the internet becomes both a companion and a potential threat, understanding the role of Virtual Private Networks (VPNs) is key to safeguarding your online experience. Whether you’re…
Edge Browser Vulnerability Fixed, Ensuring Protection Against Chrome Tab Theft
A Microsoft spokesperson confirmed today that the company has fixed a bug with its Edge browser that had been causing the Edge browser to import data from other web browsers such as Chrome without the consent of users. However,…