India is experiencing a rise in cyberattacks, particularly targeting its key sectors such as finance, government, manufacturing, and healthcare. This increase has prompted the Reserve Bank of India (RBI) to urge banks and financial institutions to strengthen their cybersecurity…
Category: CySecurity News – Latest Information Security and Hacking Incidents
BlackByte Ransomware Outfit is Targeting More Orgs Than Previously Known
Researchers from Cisco have discovered that the BlackByte ransomware group is only disclosing a small portion of its successful attacks on its leak site this year. Talos, the company’s cybersecurity department, believes the gang is creating extortion posts for…
Snowflake Faces Declining Growth Amid Cybersecurity Concerns and AI Expansion
Snowflake Inc. recently faced a challenging earnings period marked by slowing growth and concerns following multiple cyberattacks. Despite being an AI data company with innovative technology, these events have impacted investor confidence, causing the stock price to retest recent…
Sweat Sensors Raise Health Benefits and Privacy Concerns
In Oak Ridge, Tennessee, dozens of workers of the United States Air Force worked with hazardous waste, asbestos, and pipes while being tasked with the task of decontaminating and preparing the defunct nuclear facility for demolition during a hot…
Bitcoin and Nostr: What Lies Beyond Decentralization and Freedom
In today’s digital expanse, in some countries governments and corporations wield immense power, two remarkable projects—Bitcoin and Nostr—have emerged as champions of decentralization. Their stories are quite similiar, revealing their struggle for financial autonomy, censorship resistance, and individual empowerment. Bitcoin:…
Why AI-Driven Cybercrime Could Be Your Business’s Biggest Risk
The way technology keeps shifting its paradigm, the line between genuine interactions and digital deception is becoming increasingly difficult to distinguish. Today’s cybercriminals are leveraging the power of generative artificial intelligence (AI) to create more closely intricate and harder-to-detect…
Ransomware on the Rise: Key Steps to Safeguard Your Business from Cyber Threats
In 2023, ransomware attacks saw a significant increase, jumping by 55% compared to the previous year. The number of reported victims climbed to 5,070. However, this statistic only scratches the surface of the issue. According to Statista, nearly 73%…
Georgia Tech Faces DOJ Lawsuit Over Alleged Lapses in Cybersecurity for Defense Contracts
Researchers at the Georgia Institute of Technology, who have received over $1 billion in Defense Department contracts, are facing scrutiny for allegedly failing to secure their computers and servers, citing that doing so was too “burdensome.” Since 2013, the…
Ukrainian Hackers Launch Coordinated Cyber Offensive on Russian Networks
Ukrainian military intelligence agents operated a mass cyberattack on Russian Internet providers on August 24 that disrupted the online platforms of dozens of industrial facilities in Russia, according to a source with the Kyiv Independent, who was authorized to…
Here’s How to Safeguard Yourself Against Phone Scams
Sophisticated phone scams are becoming more common and more relentless. The numbers are mind-boggling. According to the FTC, impostor fraudsters cost US consumers $2.7 billion in 2023, and the figure is rising year after year. These are merely the…