It has been reported that North Korean hackers associated with the Lazarus Group have exploited Tornado Cash in a recent development to launder approximately $12 million worth of stolen Ethereum (ETH) in the last 24 hours, using the coin…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
Russian Hackers Breach Microsoft’s Security: What You Need to Know
In a recent set of events, reports have surfaced of a significant cyberattack on Microsoft, allegedly orchestrated by Russian hackers. This breach, attributed to a group known as Midnight Blizzard or Nobelium, has raised serious concerns among cybersecurity experts…
Decentralised Identity: The Next Revolution Enabled by Block Chain Technology
Identity is crucial in our daily digital life, from accessing websites and applications to establishing our credentials online. Traditional identity systems are no longer trusted as a result of numerous data breaches and unethical corporate usage of consumer data…
TRAI Updates Regulations to Prevent SIM Swap Fraud in Telecom Porting
The Telecom Regulatory Authority of India (TRAI) recently announced updated regulations aimed at combating SIM swap fraud in the telecom sector. According to the new regulations, telecom subscribers will be prohibited from porting out of their current network provider…
Leak of Greek Diaspora Emails Shakes Government: A Closer Look
The recent leak of Greek diaspora emails has sent shockwaves through the conservative government of Prime Minister Kyriakos Mitsotakis. The scandal, which unfolded in March 2024, has raised questions about privacy, data protection, and political accountability. Let’s delve into the…
Fraudulent Antivirus Software Faces FTC Lawsuit After Raking in Millions
The US Federal Trade Commission filed a lawsuit alleging that two antivirus software packages, Restoro and Reimage, are counterfeit goods that have defrauded customers out of “ten of millions” of dollars. FTC investigators apparently went undercover and purchased the…
Private AI Chatbot Not Safe From Hackers With Encryption
AI helpers have assimilated into our daily lives in over a year and gained access to our most private information and worries. Sensitive information, such as personal health questions and professional consultations, is entrusted to these digital companions. While providers…
Cyber Attacks Threaten Essential Services
As per a recent report by BlackBerry, it was revealed that critical infrastructure providers faced a surge in cyberattacks during the latter part of 2023. Shockingly, these providers bore the brunt of 62% of all industry-related cyberattacks tracked from…
eSIM Vulnerabilities: SIM Swappers Exploit Flaws, Hijack Phone Numbers
According to a new report, SIM-swapping crimes are rising worldwide, mainly committed by eSIM (Embedded Subscriber Identity Modules) users. eSIMs are digitally stored SIM cards that are embedded using software into devices. As a result, hackers are now attempting…
Cybersecurity Specialists Caught Moonlighting as Dark Web Criminals
A recent study conducted by the Chartered Institute of Information Security (CIISec) has uncovered a concerning trend in the cybersecurity field. The study reveals that many cybersecurity professionals, facing low pay and high stress, are resorting to engaging in…
The Surge of FakeBat Malware in Search-Based Malvertising Campaigns
In recent months, cybersecurity researchers have observed a concerning surge in search-based malvertising campaigns, with documented incidents nearly doubling compared to previous periods. Amidst this uptick in online threats, one particular malware variant has captured the attention of experts:…
Exploitation of Windows SmartScreen Bypass Flaw Facilitates Deployment of DarkGate RAT
The operators behind the DarkGate malware have been taking advantage of a recently patched flaw in Windows SmartScreen through a phishing scheme. This campaign involves circulating counterfeit Microsoft software installers to spread the malicious code. Researchers from Trend Micro,…
International Initiative Targets Cybercrime
The Cybercrime Atlas initiative has shifted into its operational phase in 2024, marking a significant milestone in global cybersecurity efforts. Originating from discussions at the RSA Conference two years prior, the initiative aims to dismantle cybercriminal networks by mapping…
Change Healthcare Detects Ransomware Attack Vector
The cyberattack’s widespread destruction underscores how threat actors can do significant damage by targeting a relatively unknown vendor that serves a vital operational function behind the scenes. The AlphV ransomware group disrupted basic operations to the critical systems of…
Unraveling Evolv Technology’s Alleged UK Government Testing Controversy
Evolv Technology, a prominent player in the field of AI-driven weapons-scanning technology, has found itself embroiled in controversy following revelations about its testing claims with the UK government. The company’s scanners, heralded as “intelligent” detectors capable of identifying concealed…
Restrictions on Gemini Chatbot’s Election Answers by Google
AI chatbot Gemini has been limited by Google in terms of its ability to respond to queries concerning several forthcoming elections in several countries, including the presidential election in the United States, this year. According to an announcement made…
Incognito Market Engages in Large-Scale Extortion of Buyers and Sellers on the Darknet
Taking a cue from ransomware operators, the illicit online drug marketplace known as Incognito Market has initiated a campaign of extortion targeting both its vendors and buyers. Users are being threatened with the exposure of their cryptocurrency transaction histories and…
Cyberattack is Wreaking Havoc on US HealthCare Providers.
Following a cyberattack on the largest health insurer in the United States last month, health care providers are still scrambling as insurance payments and prescription orders continue to be disrupted, costing physicians an estimated $100 million each day. According…
Latest SEC Cyber Rules Raise ‘Head Scratching’ Breach Disclosures
SEC disclosure mandate The Securities and Exchange Commission’s recently implemented cybersecurity regulations have prompted some breach disclosures from publicly traded firms, such as Microsoft and Hewlett Packard Enterprise. Among other things, the guidelines mandate that a “material” cybersecurity event be…
SMB Cyber Threats: Information-Stealing Malware, Ransomware, and BEC
In today’s digital landscape, small and medium-sized businesses (SMBs) are increasingly becoming prime targets for cybercriminals looking to exploit vulnerabilities for financial gain. A recent report from cybersecurity firm Sophos sheds light on the top cyber threats facing SMBs,…