In a security breach, Japanese cryptocurrency exchange DMM Bitcoin announced the theft of approximately 4,502.9 Bitcoin, valued at around 48.2 billion yen (approximately $304 million). The incident marks one of the largest cryptocurrency heists in recent history. The breach…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
Polish State Media Targeted in Alleged Russian-Backed Cyberattack
In a concerning development on May 31, the Polish Press Agency (PAP), a state-run media outlet, was targeted in a cyberattack that authorities have attributed to Russian-backed operatives. This incident adds to a growing list of cyber aggression linked…
Global Resurgence of Grandoreiro Banking Trojan Hitting High
The cybercriminal group behind the Grandoreiro banking trojan has re-emerged in a global campaign since March 2024, following a significant law enforcement takedown earlier this year. This large-scale phishing operation targets over 1,500 banks across more than 60 countries,…
WhatsApp Bans 7.1 Million Indian Users, Warns of More Bans for Rule Violations
A Meta-owned company called WhatsApp announced on Saturday that the company had banned more than 7.1 million Indian WhatsApp accounts for violating local laws in April. Approximately 1,302,000 of the 7,182,000 banned WhatsApp accounts were proactively blocked before any…
Rise of Cybercrime in India: Reasons, Impacts & Safety Measures
The reel is frequently influenced by the real. Jamtara, an OTT series, was inspired by cyber fraud activities carried out in a remote part of Jharkhand. However, the script appears to need some tuning in the future. This is…
Securing India’s Infrastructure: Key Takeaways from the Colonial Pipeline Hack
In 2021, a major supplier of oil and gas to the American east coast, Colonial Pipeline, was taken offline, after a reported ransomware attack. The 5,500-mile pipeline attack triggered a call for increased regulations to protect and strengthen critical infrastructure…
Globl Cybercrime Ring Dismantled in Landmark Operation by Thai and US Authorities
In an extraordinary global effort, authorities have successfully dismantled what is described as the world’s most sophisticated hacking group. This achievement is the result of a relentless joint operation between Thai and US security agencies. The FBI and Thailand’s…
UAE Takes Measures to Strengthen Cybersecurity in the META Region
The United Arab Emirates (UAE) is emerging as a beacon of innovation and technological advancement in the Middle East, and its commitment to cybersecurity is a vital element in shaping its hyper-connected future. As the UAE’s digital footprint expands,…
Fraudulent Browser Updates Are Propagating BitRAT and Lumma Stealer Malware
Fake web browser updates are being used to spread remote access trojans (RATs) and information stealer malware like BitRAT and Lumma Stealer (aka LummaC2). “Fake browser updates have been responsible for numerous malware infections, including those of the well-known…
RedTail Cryptominer Exploits Critical Zero-Day in PAN-OS
A new wave of cyberattacks has been reported, leveraging a critical zero-day vulnerability in Palo Alto Networks’ firewall software, PAN-OS. The flaw, identified as CVE-2024-3400 and assigned a maximum CVSS score of 10.0, enables unauthenticated attackers to execute arbitrary code…
Why Mid-Sized Businesses Are Attractive Targets for Cyber Criminals
An increase in cybersecurity incidents among mid-market firms has been observed in recent years. For example, a survey in the UK revealed that 45% of medium-sized businesses experienced cybercrimes, with phishing attacks being the most common. Despite this, many…
AI’s Impact on the Job Market: 12 Million Occupational Transitions by 2030
Artificial Intelligence (AI) is set to transform the job market profoundly over the next decade. According to a comprehensive report by McKinsey, AI will result in approximately 12 million occupational transitions by 2030. This shift is anticipated to match…
From Text to Action: Chatbots in Their Stone Age
The stone age of AI Despite all the talk of generative AI disrupting the world, the technology has failed to significantly transform white-collar jobs. Workers are experimenting with chatbots for activities like email drafting, and businesses are doing numerous experiments,…
Tech Titans Adopt Post-Quantum Encryption to Safeguard User Data
As stated by experts, quantum computers could break cryptography by 50% by the year 2033. Many cryptographic methods that are being used today are believed to be the result of mathematical problems which are too difficult to solve by…
Santander Bank Faces Major Data Breach Affecting 30 Millions
In a significant cybersecurity incident, Spain’s largest bank, Santander, has confirmed a data breach involving unauthorized access to sensitive information. The breach, detected two weeks ago, was linked to a third-party provider’s database and impacted employees and customers in Chile,…
Insikt Group Tracks GRU’s BlueDelta Cyber-Espionage Campaigns Across Europe
The Insikt Group has identified evolving tactics used by the GRU’s BlueDelta, targeting European networks with Headlace malware and credential-harvesting web pages. BlueDelta’s operations spanned from April to December 2023, employing phishing, compromised internet services, and living off-the-land binaries…
Ransomware Attacks on the Rise! Nearly 2900 Assaults Reported in the First Quarter of 2024
The increasing frequency of ransomware attacks is a significant challenge, as seen by the recent rise in APT groups with ties to Pakistan before the Indian elections and the disruption of significant Ransomware-as-a-Service (RaaS) operations. The Seqrite report states…
Google Confirms Leak of 2,500 Internal Documents on Search Algorithm
In a significant incident, Google has confirmed the leak of 2,500 internal documents, exposing closely guarded information about its search ranking algorithm. This breach was first highlighted by SEO experts Rand Fishkin and Mike King of The Verge, who…
Meta to Train AI with Public Facebook and Instagram Posts
Meta, the company behind Facebook and Instagram, is set to begin using public posts from European users to train its artificial intelligence (AI) systems starting June 26. This decision has sparked discussions about privacy and GDPR compliance. Utilising…
Online Banking Frauds: The Silent Threat to India’s Financial Stability
Bank frauds in India: A soaring trend According to an analysis of frauds recorded across banks, the number of fraud cases filed in FY24 increased by approximately 300 percent from 9,046 in FY22. However, the sum involved has decreased from…