AI-based tools designed for criminal activity are in high demand

Multiple regional conflicts, such as Russia’s continued invasion of Ukraine and the Israel-Hamas conflict, have resulted in a surge in cyberattacks and hacktivist activities, according to Trellix. AI-driven ransomware boosts cybercrime tactics The rese… Continue reading AI-based tools designed for criminal activity are in high demand

VPN vulnerabilities, weak credentials fuel ransomware attacks

Attackers leveraging virtual private network (VPN) vulnerabilities and weak passwords for initial access contributed to nearly 30% of ransomware attacks, according to Corvus Insurance. According to the Q3 report, many of these incidents were traced to … Continue reading VPN vulnerabilities, weak credentials fuel ransomware attacks

Crypto companies are losing ground to deepfake attacks

The crypto sector stands out as the only surveyed industry where deepfake fraud surpasses traditional document fraud in prevalence, according to Regula. Crypto companies suffer significant losses from fraud The study finds that 57% of crypto companies … Continue reading Crypto companies are losing ground to deepfake attacks

Appeals court tosses sanctions on Tornado Cash crypto mixer

The mixer was sanctioned after a North Korea hacking group used the software to launder more than $455 million.

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Starbucks, UK grocers impacted by ransomware attack on Blue Yonder

A ransomware attack on supply chain management software provider Blue Yonder has impacted global operations at various companies in the United States and United Kingdom, affecting major retailers such as Starbucks and several UK-based supermarket chains.  Starbucks has reported difficulties in processing payroll and managing employee schedules due to the incident, telling the Wall Street […]

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African cybercrime crackdown nets more than 1,000 suspects

The international law enforcement operation is the latest to tackle cybercrime on the continent.

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Authorities disrupt major cybercrime operation, 1000+ suspects arrested

Authorities across 19 African countries have arrested 1,006 suspects and dismantled 134,089 malicious infrastructures and networks thanks to a joint operation by INTERPOL and AFRIPOL against cybercrime. Results of the operation (Source: INTERPOL) Opera… Continue reading Authorities disrupt major cybercrime operation, 1000+ suspects arrested

Here’s how simple it is for script kiddies to stand up DDoS services

How plug-and-play hacking tools and lax configs helped a Russian script kiddie start a scheme.

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