An advanced malware campaign exploiting GitHub repositories masked as game mods (and cracked software) has been found, revealing a risky blend of automated credential harvesting and social engineering tactics. While going through articles on social engineering, cybersecurity expert Tim found…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
DBS Bank to Cut 4,000 Jobs Over Three Years as AI Adoption Grows
Singapore’s largest bank, DBS, has announced plans to reduce approximately 4,000 temporary and contract roles over the next three years as artificial intelligence (AI) takes on more tasks currently handled by human workers. The job reductions will occur through natural…
Scammers Exploit Google and PayPal’s Infrastructure to Steal Users Private Data
Cybersecurity experts discovered a sophisticated phishing campaign that used Google Ads and PayPal’s infrastructure to defraud users and obtain sensitive personal information. The attackers abused vulnerabilities in Google’s ad standards and PayPal’s “no-code checkout” feature to create fake payment…
AI-Driven Changes Lead to Workforce Reduction at Major Asian Bank
Over the next three years, DBS, Singapore’s largest bank, has announced plans to reduce the number of employees by approximately 4,000 by way of a significant shift toward automation. A key reason for this decision was the growing adoption…
Lending App Data Breach Leaves Sensitive Customer Information Unprotected
A major digital lending platform has reportedly exposed sensitive customer data due to a misconfigured Amazon AWS S3 bucket that was left unsecured without authentication. Security researchers discovered the breach on November 28, 2024, but the issue remained unresolved…
FBI Warns: ‘Ghost’ Ransomware Is Spreading— Here’s How to Stay Safe
The Federal Bureau of Investigation (FBI) has released an urgent alert about a growing cyber threat known as Ghost ransomware. This group has been attacking various organizations across more than 70 countries, locking victims out of their own systems…
Crypto Scammers Are Targeting AI Trade Bots
The blockchain security company CertiK disclosed how a new generation of scammers is changing their tactics to target automated trading bots in the wake of the LIBRA meme currency fiasco, in which insiders were given advanced information of the…
These Four Basic PC Essentials Will Protect You From Hacking Attacks
There was a time when the internet could be considered safe, if the users were careful. Gone are the days, safe internet seems like a distant dream. It is not a user’s fault when the data is leaked, passwords are…
Strengthening PC Security with Windows Whitelisting
Windows Defender, the built-in antivirus tool in Windows, provides real-time protection against malware by scanning for suspicious activity and blocking known threats using an extensive virus definition database. However, no antivirus software can completely prevent users from unknowingly installing…
Default Password Creates Major Security Risk for Apartment Complexes
Under research conducted by security researchers, it was discovered that a widely used door access control system includes an inherently insecure default password. Thousands of buildings across the country have insecure default passwords that can be accessed easily and…
Stalkerware: How Scammers Might Be Tracking Your Phone and What You Can Do
Spyware applications designed to secretly monitor people’s phones are becoming more common. These programs, known as stalkerware, can track private messages, calls, photos, locations, and other personal data without the user’s knowledge. Often installed without permission, they operate silently…
LightSpy Malware Attacks Users, Launches Over 100 Commands to Steal Data
Cybersecurity researchers at Hunt.io have found an updated version of LightSpy implant, a modular surveillance framework for data collection and extraction. Famous for attacking mobile devices initially, further enquiry revealed it can attack macOS, Windows, Linux, and routers. LightSpy has…
Bybit Suffers Historic $1.5 Billion Crypto Hack, Lazarus Group Implicated
Dubai-based cryptocurrency exchange Bybit Technology Ltd. has fallen victim to a massive cyberattack, with approximately $1.5 billion in cryptocurrency stolen. The breach is believed to be the largest single theft in cryptocurrency history. Bybit, a well-established exchange with over…
DM Clinical Research Database Exposed Online, Leaking 1.6M Patient Records
A clinical research database containing over 1.6 million patient records was discovered publicly accessible online without encryption or password protection. Security researcher Jeremiah Fowler found the dataset, linked to DM Clinical Research, exposing sensitive information such as names, medical…
Beware of Fake Viral Video Links Spreading Malware
McAfee Labs has uncovered a rise in cyber scams where fraudsters use fake viral video links to trick people into downloading malware. These attacks rely on social engineering, enticing users with promises of exclusive or leaked content. Once a…
Open Access to Critical Data With Bank Staff Leading to Financial Scam
A concerning trend has sent shockwaves across cybersecurity authorities, with central cyber and intelligence organisations tracking and documenting large-scale data leaks perpetrated by bank staff and third party contractors. According to a senior Indian government official, the issue has…
Call Merging Scams and Financial Security Risks with Prevention Strategies
It is not uncommon for fraudsters to develop innovative tactics to deceive their targets, with one of the latest scams being the called merging scam in which the scammers attempt to gain unauthorized access to the victim’s accounts to…
BlackLock Ransomware: The Fastest-Growing Cyber Threat and How to Stay Safe
Ransomware remains a major problem for businesses, and a new cybercriminal group is expanding at an alarming rate. Security researchers at ReliaQuest have identified BlackLock as the fastest-growing ransomware operation today, with its activity increasing by 1,425% since late…
Bybit Crypto Exchange Hacked for $1.5 Billion in Largest Crypto Heist
Bybit, one of the world’s largest cryptocurrency exchanges, has suffered a massive security breach, resulting in the loss of $1.5 billion in digital assets. The hack, now considered the largest in crypto history, compromised the exchange’s cold wallet—an offline…
Building Robust AI Systems with Verified Data Inputs
Artificial intelligence is inherently dependent on the quality of data that powers it for it to function properly. However, this reliance presents a major challenge to the development of artificial intelligence. There is a recent report that indicates that…