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…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Scammers Exploit Messaging Apps and Social Media in Singapore
Singapore is experiencing the dread of scams and cybercrimes in abundance as we speak, with fraudsters relying more on messaging and social media platforms to target unsuspecting victims. As per the recent figures from the Singapore Police Force (SPF),…
Beyond Prioritization: Security Journey for Organizations
Organizations face an overwhelming number of vulnerabilities, and deciding which ones to address first can be a challenge for many. However, it’s essential to recognize that prioritization is merely the beginning of a more comprehensive security journey. The Limitations of…
FBI Director Christopher Wray Highlights Unprecedented Threat Landscape and Importance of Law Enforcement Partnerships
FBI Director Christopher Wray emphasized the unprecedented level of diverse threats facing the nation, describing it as a time when multiple threats are simultaneously elevated, a situation he finds unparalleled in his career. In an exclusive interview during his…
DMM Bitcoin Hack: 500 BTC Transfer Linked to $305 Million Theft Raises New Concerns
A cryptocurrency address linked to the $305 million DMM Bitcoin hack in May has reportedly transferred 500 Bitcoin, valued at approximately $30.4 million. On August 22, PeckShield Alert reported that the suspect address initially split the funds into two…
US Authorities Charge Alleged Key Member of Russian Karakurt Ransomware Outfit
The U.S. Department of Justice (DOJ) released a statement this week charging a member of a Russian cybercrime group with financial fraud, extortion, and money laundering in a U.S. court. The 33-year-old Moscow-based Latvian national Deniss Zolotarjovs was extradited…
Fake macOS Apps Infect Devices, Steal Sensitive Data in the Latest Malware Attack
The latest cyber-attack uncovered by security researchers is an information stealer that targets Apple macOS hosts and gathers a wide array of information to reach sensitive computer data. It underscores how threat actors are increasingly targeting the OS as…
Slack Fixes AI Security Flaw After Expert Warning
Slack, the popular communication platform used by businesses worldwide, has recently taken action to address a potential security flaw related to its AI features. The company has rolled out an update to fix the issue and reassured users that…
Cyber Security: A Rising Threat to Australia’s Renewable Energy Campaign
Australia is striving to become a more energy-efficient nation. The Australian Renewable Energy Agency recently announced a $100 million effort to research and develop solar energy technologies. Further investments in energy storage, pumped hydro, and low-carbon systems may be…
Lessons from the CrowdStrike Falcon Sensor Defect: Enhancing Ransomware Recovery and Business Continuity
In recent times, a significant IT disruption was caused by a defect in a content update for CrowdStrike’s Falcon sensor, affecting approximately 8.5 million PCs across diverse sectors. This issue, which disrupted organizations ranging from small businesses and global…