Two of the UK’s main accounting and security agencies are forming a new taskforce today to help organisations enhance the security of their corporate finance transactions. The effort is being led by the Institute of Chartered Accountants in England…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
FritzFrog’s Evolution: Exploiting Log4Shell Vulnerability Reveals Alarming Tactics
In a startling development, the notorious FritzFrog botnet, which first emerged in 2020, has undergone a significant transformation by exploiting the Log4Shell vulnerability. Unlike its traditional approach of focusing on internet-facing applications, this latest variant is now aggressively targeting…
Locking Down ChatGPT: A User’s Guide to Strengthening Account Security
OpenAI officials said that the user who reported his ChatGPT history was a victim of a compromised ChatGPT account, which resulted in the unauthorized logins. OpenAI has confirmed that the unauthorized logins originate from Sri Lanka, according to an…
Increasing Number of Ransomware Targets Opting Against Ransom Payments
For an extended period, ransomware groups have instilled fear in various organizations, including businesses, schools, and hospitals. However, there is a positive shift as an increasing number of victims are now rejecting ransom demands. In the fourth quarter, the…
Akira Ransomware Unleashes Cyber Storm: Targets North American Companies
In the continually changing realm of cyber threats, organizations find themselves urgently needing to strengthen their cybersecurity measures to combat the increasing complexity of ransomware attacks. The focus is on Akira, a recently discovered ransomware family, highlighting a group of…
Is Your Gadget Secretly a Security Risk?
In our digital world where everything connects, keeping our devices safe is like building a strong fortress. We all know the basics – use strong passwords and be careful with downloads. But there’s a hidden world of dangers that…
Mark Zuckerberg Apologizes to Families in Fiery US Senate Hearing
In a recent US Senate hearing, Mark Zuckerberg, the CEO of Meta (formerly Facebook), faced intense scrutiny over the impact of social media platforms on children. Families who claimed their children had been harmed by online content were present, and…
Critical Windows Event Log Vulnerability Uncovered: Enterprise Security at Risk
In a recent discovery, cybersecurity researchers have identified a critical zero-day vulnerability posing a significant threat to the Windows Event Log service. This flaw, when exploited, has the potential to crash the service on all supported versions of Windows,…
Apple Raises Concerns Over UK’s Ability to ‘Secretly Veto’ Global Privacy Tools
Apple has strongly criticized the UK government’s move to require pre-approval of new security features introduced by technology companies. Proposed amendments to the Investigatory Powers Act (IPA) 2016 suggest that if the UK Home Office rejects an update, it…
Cohesity Research Shows That Most Firms Break Their “Do Not Pay” Policies by Paying Millions in Ransoms
While a “do not pay” ransomware policy may sound appealing in theory, thwarting attackers’ demand for ransom in exchange for stolen data is easier said than done. A recent study conducted by Cohesity, a leader in AI-powered data security…
AI Takes Center Stage: Microsoft’s Bold Move to Unparalleled Scalability
In the world of artificial intelligence, Microsoft is currently making some serious waves with its recent success in deploying the technology at scale, making it one of the leading players. With a market value that has been estimated to…
Mercedes-Benz Accidentally Reveals Secret Code
Mercedes-Benz faces the spotlight as a critical breach comes to light. RedHunt Labs, a cybersecurity firm, discovered a serious vulnerability in Mercedes’s digital security, allowing unauthorised entry to confidential internal data. Shubham Mittal, Chief Technology Officer at RedHunt Labs,…
Unprecedented Data Breach Exposes Personal Information of Millions in India
Described as the biggest data breach ever, a big security mistake has apparently leaked the personal info of millions of people around the world. CloudSEK, an Indian cybersecurity company, brought attention to the breach, exposing extensive sensitive data, including names,…
Hundreds of Network Operators’ Credentials Compromised on Dark Web
Leaked creds of RIPE, APNIC, AFRINIC, and LACNIC are available on the Dark Web After doing a comprehensive scan of the Dark Web, Resecurity discovered that info stealer infections had compromised over 1,572 customers of RIPE, the Asia-Pacific Network Information Centre…
AI Poison Pill App Nightshade Received 250K Downloads in Five Days
Shortly after its January release, the AI copyright infringement tool Nightshade exceeded the expectations of its developers at the University of Chicago’s computer science department, with 250,000 downloads. With Nightshade, artists can avert AI models from using their artwork…
Huber Heights Under Siege: Ransomware Attack Hits 5,000+ Residents
It has been reported in the Dayton suburb of Huber Heights, Ohio this week that the city’s computer system was disabled by a ransomware attack last November, and new details have emerged about that attack. The city manager, Rick…
The Dual Landscape of LLMs: Open vs. Closed Source
AI has emerged as a transformative force, reshaping industries, influencing decision-making processes, and fundamentally altering how we interact with the world. The field of natural language processing and artificial intelligence has undergone a groundbreaking shift with the introduction of…
Privacy Watchdog Fines Italy’s Trento City for Privacy Breaches in Use of AI
Italy’s privacy watchdog has recently fined the northern city of Trento since they failed to keep up with the data protection guidelines in how they used artificial intelligence (AI) for street surveillance projects. Trento was the first local administration in…
Cyberattack on Bucks County’s Emergency System
Bucks County is in a compromising position as a digital ambush has transpired. About a week ago, the computer-aided emergency dispatch system, the backbone of quick and efficient emergency responses, fell victim to a cyberattack. Picture it like the…
Mercedes-Benz Accidentally Leaked Private Data, Including Source Code
Mercedes-Benz unintentionally leaked a trove of internal data by leaving an obscure key online that gave “unrestricted access” to the company’s source code, according to the security research team that unearthed it. TechCrunch was notified of the exposure by…