Tag: CySecurity News – Latest Information Security and Hacking Incidents

Bitcoin Security Concerns Amid Quantum Computing Advancements

  Chamath Palihapitiya, CEO of Social Capital, has raised alarms over Bitcoin’s future security, cautioning that its SHA-256 encryption may become vulnerable within the next two to five years. Speaking on the All-In Podcast, he highlighted rapid advancements in quantum…

Germany Warns of Pre-Installed Malware on 30,000 Devices

  < p style=”text-align: justify;”>Earlier this week, Germany’s cybersecurity office issued a warning about at least 30,000 internet-connected devices across the nation being compromised by pre-installed malware known as BadBox. The Federal Office for Information Security (BSI) announced that it…

AI Models at Risk from TPUXtract Exploit

  A team of researchers has demonstrated that it is possible to steal an artificial intelligence (AI) model without actually gaining access to the device that is running the model. The uniqueness of the technique lies in the fact that…

Ymir Ransomware: A Rising Threat in the Cybersecurity Landscape

  < p style=”text-align: justify;”>The evolving threat landscape continues to present new challenges, with NCC Group’s latest Threat Pulse report uncovering the emergence of Ymir ransomware. This new ransomware strain showcases the growing collaboration among cybercriminals to execute highly sophisticated…

Malware Found Preinstalled on 30,000 Android Devices in Germany

  A concerning cybersecurity issue has surfaced in Germany, where investigators uncovered that nearly 30,000 Android devices were sold with preinstalled malware. The malware, dubbed “BadBox,” resides in the device firmware and affects various internet-enabled devices, including digital picture frames…

Bitcoin Hits $100,000 for the First Time Amid Market Volatility

  < p style=”text-align: justify;”> The cryptocurrency market reached a historic milestone this week as Bitcoin closed above $100,000 for the first time in history. This marks a defining moment, reflecting both market optimism and growing investor confidence. Despite reaching…

U.S. Justice Department Shuts Down Rydox Cybercrime Marketplace

  < p style=”text-align: justify;”>The U.S. Justice Department announced on Thursday the successful seizure and dismantling of Rydox, a notorious online marketplace for trafficking stolen personal information and cybercrime tools. In a coordinated operation with international law enforcement agencies, three…

Pumakit Rootkit Challenges Linux Security Systems

  According to the researchers from the Elastic Security Lab, a new rootkit called PUMAKIT can perform various advanced evasion mechanisms. When Elastic Security researchers discovered PUMAKIT while routinely hunting for threats on VirusTotal, they described it as PUMAKIT. Many…