On the financial front, traditional powerhouses like Grayscale, BlackRock, and Fidelity are diving into Bitcoin, earning them the moniker ‘Bitcoin whales.’ These heavyweights are injecting billions into the digital currency, holding a sizable chunk of the finite 21 million…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Hamilton City’s Network is the Latest Casualty of the Global Cyberwar.
The attack that took down a large portion of the City of Hamilton’s digital network is only the latest weapon in a global fight against cybersecurity, claims one of Canada’s leading cybersecurity experts. Regarding the unprecedented attack on the…
Generative AI Worms: Threat of the Future?
The generative AI systems of the present are becoming more advanced due to the rise in their use, such as Google’s Gemini and OpenAI’s ChatGPT. Tech firms and startups are making AI bits and ecosystems that can do mundane tasks…
GitHub Under Siege: Unraveling the Ongoing Automated Attack on Open-Source Repositories
GitHub, a cornerstone for programmers worldwide, faces a severe threat as an unknown attacker deploys an automated assault, cloning and creating malicious code repositories. The attack, involving sophisticated obfuscation and social engineering, poses a significant challenge to GitHub’s security…
Prescription Insecurity: The Russian Connection to Healthcare Cyber Attacks
Pharmacies and hospitals nationwide are experiencing disruptions as a result of ransomware attacks, which leaves patients with difficulties filling prescriptions or obtaining medical care. UnitedHealth Group, a healthcare provider in the United States, announced on Thursday that it had…
BlackCat Ransomware Hit Healthcare Giant Optum, Stolen 6TB Sensitive Data
In a shocking development, the notorious BlackCat/ALPHV ransomware gang has stepped forward to claim responsibility for a devastating cyberattack on Optum, a subsidiary of the healthcare giant UnitedHealth Group (UHG). This malicious breach has triggered an ongoing outage that…
How Can You Safeguard Against the Dangers of AI Tax Fraud?
The digital sphere has witnessed a surge in AI-fueled tax fraud, presenting a grave threat to individuals and organisations alike. Over the past year and a half, the capabilities of artificial intelligence tools have advanced rapidly, outpacing government efforts…
Meta Plans to Launch Enhanced AI model Llama 3 in July
The Information reported that Facebook’s parent company, Meta, plans to launch Llama 3, a new AI language model, in July. As part of Meta’s attempts to enhance its large language models (LLMs), the open-source LLM was designed to offer…
Winklevoss Crypto Firm Gemini to Return $1.1B to Customers in Failed “Earn” Scheme
Gemini to return money < div>As part of a settlement with regulators on Wednesday, the cryptocurrency company Gemini, owned by the Winklevoss twins, agreed to repay at least $1.1 billion to consumers of its failed “Earn” loan scheme and pay…
Researchers Develop ‘VoltSchemer’ Assaults Aimed at Wireless Charging Systems
A team of researchers from the University of Florida, collaborating with CertiK, a Web3 smart contract auditor, have uncovered potential security threats in wireless charging systems. Their research introduces new attack methods, named VoltSchemer, which exploit vulnerabilities in these…
Sophisticated Phishing Tactics Unveiled in Targeted FCC Cybersecurity Breach
Several phishing campaigns targeting employees of cryptocurrency platforms such as Binance and Coinbase and the Federal Communications Commission (FCC) have been discovered, including one dubbed CryptoChameleon, which targets cryptocurrency platforms and employees. Based on an analysis from Lookout, the…
Introducing Dionaea with Darwis Threat Intel API Integration
Cyber Security and Privacy Foundation is pleased to inform that we have made opensource and made available our panel and code for integrating dionaea with our threat intel API. This can be used as a honeypot to gain insight on…
Microsoft Copilot for Finance: Transforming Financial Workflows with AI Precision
In a groundbreaking move, Microsoft has unveiled the public preview for Microsoft Copilot for Finance, a specialized AI assistant catering to the unique needs of finance professionals. This revolutionary AI-powered tool not only automates tedious data tasks but also…
GitHub Vulnerability Exposes Millions to RepoJacking Threat
A recent study conducted by Massachusetts-based cloud-native security firm Aqua has shed light on a concerning vulnerability present in millions of software repositories hosted on GitHub. This vulnerability, dubbed RepoJacking, poses a significant threat to repositories belonging to esteemed organizations…
Linux Malware GTPDOOR Exploits GPRS Roaming Networks to Target Telecom Companies
Security analysts have uncovered a fresh Linux malware named GTPDOOR, intended for deployment within telecom networks adjacent to GPRS roaming exchanges (GRX). What distinguishes this malware is its utilization of the GPRS Tunnelling Protocol (GTP) for commanding and controlling…
WordPress and Tumblr Intends to Sell User Content to AI Firms
Automattic, the parent company of websites like WordPress and Tumblr, is in negotiations to sell training-related content from its platforms to AI firms like MidJourney and OpenAI. Additionally, Automattic is trying to reassure users that they can opt-out at…
The “Mother of All Breaches”: Implications for Businesses
In the vast digital landscape, data breaches have become an unfortunate reality. However, some breaches stand out as monumental, and the recent discovery of the “mother of all breaches” (MOAB) is one such instance. Let’s delve into the details of…
Savvy Seahorse: The DNS-based Traffic Distribution System Undermining Cybersecurity
In the vast landscape of cyber threats, a new player named Savvy Seahorse has emerged, showcasing a distinctive modus operandi that sets it apart from its counterparts. While the investment scam it orchestrates is unfortunately commonplace, it’s the intricate…
Epic Games Faces Alleged Ransomware Attack
Recently, Epic Games, the renowned publisher of Fortnite, is reportedly under threat from a hacking group named Mogilevich. However, the legitimacy of this ransomware attack is yet to be confirmed. Epic Games has stated that they are actively investigating…
Hugging Face ML Models Compromised with Silent Backdoors Aimed at Data Scientists
As research from security firm JFrog revealed on Thursday in a report that is a likely harbinger of what’s to come, code uploaded to AI developer platform Hugging Face concealed the installation of backdoors and other forms of malware…