In Guelph Police’s report, they warn people to be careful when investing online after a local man lost $180,000, much of it after failing to heed warnings from bank staff that he was being scammed by an online investment…
Category: CySecurity News – Latest Information Security and Hacking Incidents
BlackCat Ransomware Linked to UnitedHealth Subsidiary Optum Hack
A cyberattack against Optum, a UnitedHealth Group company, was linked to the BlackCat ransomware gang and resulted in an ongoing outage that impacted the Change Healthcare payment exchange platform. Customers were notified by Change Healthcare earlier this week that…
NVIDIA’s Dominance in Shaping the Digital World
NVIDIA, a global technology powerhouse, is making waves in the tech industry, holding about 80% of the accelerator market in AI data centres operated by major players like AWS, Google Cloud, and Microsoft Azure. Recently hitting a monumental $2…
Optum CEO Stresses Communication’s Vital Role in Cyberattack Management
UnitedHealth Group’s subsidiary, Change Healthcare, is anticipated to provide a significant update possibly by Tuesday, following a severe ransomware attack that has persisted for five consecutive days, causing disruptions in healthcare services nationwide. Change Healthcare plays a pivotal role…
Tax Season Vigilance: Guarding Against Fraudulent Schemes
When people think about filing taxes, they get stressed out and intimidated. In this respect, they may be more susceptible to deception, including scammers’ attempts to obtain valuable personal information from them, claim refunds under their names, and trick…
Privacy Under Siege: Analyzing the Surge in Claims Amidst Cybersecurity Evolution
As corporate directors and security teams grapple with the new cybersecurity regulations imposed by the Securities and Exchange Commission (SEC), a stark warning emerges regarding the potential impact of mishandling protected personally identifiable information (PII). David Anderson, Vice President…
Law Enforcement Strikes Blow Against LockBit Ransomware Group
Marking a pivotal moment, the FBI and the U.K.’s National Crime Agency have scored a significant victory by gaining control of LockBit, a widely feared ransomware group. Their operation targeted LockBit’s main website, the platform through which the group…
Hackers Steal Nearly $10 Million from Axie Infinity Co-founder’s Personal Accounts
A significant amount of cryptocurrency, valued at nearly $10 million, has been reported stolen from personal accounts belonging to Jeff “Jihoz” Zirlin, one of the co-founders associated with the video game Axie Infinity and its affiliated Ronin Network. According…
Nvidia CEO Believes AI Would Kill Coding
When ChatGPT was first made public by OpenAI in November 2022, many were taken aback by its abilities. People discovered an array of opportunities for the AI chatbot, ranging from asking it to write poetry and music to debug…
Google’s Magika: Revolutionizing File-Type Identification for Enhanced Cybersecurity
In a continuous effort to fortify cybersecurity measures, Google has introduced Magika, an AI-powered file-type identification system designed to swiftly detect both binary and textual file formats. This innovative tool, equipped with a unique deep-learning model, marks a significant…
From Classrooms to Cyberspace: The AI Takeover in EdTech
Recently, the intersection between artificial intelligence (AI) and education technology (EdTech) has become one of the most significant areas of concern and growth within the educational industry. The rapid adoption of AI-based EdTech tools is creating a unique set…
Ransomware Distributed Through Mass Exploitation of ConnectWise ScreenConnect
Shortly after reports emerged regarding a significant security flaw in the ConnectWise ScreenConnect remote desktop management service, researchers are sounding the alarm about a potential large-scale supply chain attack. Kyle Hanslovan, CEO of Huntress, expressed concerns about the exploitation…
Serco Leisure Faces Legal Action for Unlawful Employee Face Scanning
Serco Leisure, a prominent leisure firm based in the UK, finds itself at the centre of a regulatory storm as the Information Commissioner’s Office (ICO) intensifies its scrutiny. The ICO has raised serious concerns over the alleged illegal processing of…
Amazon Issues ‘Warning’ For Employees Using AI At Work
A leaked email to employees revealed Amazon’s guidelines for using third-party GenAI tools at work. Business Insider claims that the email mandates employees to refrain from using third-party software due to data security concerns. “While we may find ourselves…
LockBit Ransomware: Covertly Evolving Towards Next-Gen Threats Amid Takedown Efforts
In a significant development, law enforcement dismantled the infrastructure of LockBit ransomware earlier this week, uncovering the clandestine work on a next-generation file encryption malware. Referred to as LockBit-NG-Dev, this emerging threat, likely the precursor to LockBit 4.0, was…
Rethinking Trust: The Case Against Blind Reliance on Antivirus Software
Most users would believe that the best antivirus programs are the most trustworthy type of software in the market, however, it turns out that perceptions can be deceiving and there is no such thing as a foolproof solution. As…
Cell Service Restored Following Extensive AT&T Outage
AT&T has resolved issues affecting its mobile phone customers following widespread outages on Thursday, according to a company announcement.Throughout the day, tens of thousands of cell phone users across the United States reported disruptions. Reports on Downdetector.com, a platform…
Canadian University Vending Machine Malfunction Discloses Use of Facial Recognition
A faulty vending machine at a Canadian university has unintentionally exposed the fact that several of them have been covertly utilising facial recognition technology. Earlier this month, a snack dispenser at the University of Waterloo displayed the error message…
Cybersecurity Nightmare Unfolds as Malawi’s Immigration Systems Under Attack
There has been a recent cyberattack on Malawi, according to President Lazarus Chakwera, which has caused the government to stop issuing passports. However, some observers believe such an attack did not occur. Chakwera informed parliament on Wednesday that security…
Rise in Fake Life Insurance Emails, Action Fraud Warns
Over the past few weeks, a surge in fraudulent emails impersonating reputable life insurance companies has prompted over 800 reports to Action Fraud, the UK’s national reporting centre for fraud and cybercrime. The scam emails are cleverly crafted to…