Unicoin, a leading cryptocurrency company, experienced a cyberattack beginning on August 9, 2024, which severely disrupted its operations for nearly four days. The breach occurred when a hacker gained unauthorised access to the company’s Google G-Suite account, affecting all…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Massive Data Breach Worsens as New Details Emerge Across US, UK, and Canada
Several days ago, the company whose data breach could have potentially exposed all Americans’ Social Security numbers to identity thieves confirmed that they were victims of a data breach, stressing that they obtained even more sensitive data than previously…
Protecting Your Wallet: Understanding NGate Android Malware
A new and sophisticated malware has emerged, targeting the increasingly popular Near Field Communication (NFC) payment systems. Known as NGate, this Android malware has been discovered by ESET Research and poses a significant risk to users’ financial security. This blog…
Iranian Threat Actor TA453 Targets Jewish Figure with Fake Podcast Invite in Malicious Campaign
A recent cyber campaign by the Iranian threat actor TA453 has drawn significant attention following their targeting of a prominent Jewish religious figure with a fake podcast interview invitation. The campaign, which began in July 2024, involved a series…
Florida Medical Lab Data Breach Exposes 300,000 Individuals’ Sensitive Information
Florida-based medical laboratory, American Clinical Solutions (ACS), recently experienced a significant data breach that exposed the sensitive information of approximately 300,000 individuals. The hacking incident, attributed to the criminal group RansomHub, resulted in the theft of 700 gigabytes of…
AI Revolutionizing Accounting: Experts Urge Accountants to Embrace Technology for Future Success
Artificial Intelligence (AI) is capable of handling repetitive tasks, but accountants who embrace and integrate technology can concentrate on more valuable activities beyond basic number-crunching, according to Md Sajid Khan, Director – India at the Association of Certified…
Google Assures Privacy with Gemini AI: No Data Sharing with Third Parties
Google recently announced bringing into view its Gemini AI technology, beginning with the latest Pixel 9 devices. As part of this consequential development, Google has reassured users about the strong privacy and security measures surrounding their personal data, addressing growing…
Ransomware Actors Extorted More Than $450 Million in First Half of 2024
In the first half of 2024, victims of ransomware have paid $459,800,000 to attackers; if ransom payments continue at this pace, this year might establish a new record. Ransomware payments hit a historic high of $1.1 billion last year,…
Mac Users Targeted by Hackers Through Microsoft App Security Flaw
During the past couple of weeks, Cisco Talos, one of the world’s most respected cybersecurity companies known for its cutting-edge cybersecurity products, has discovered at least eight security vulnerabilities. As a result of these bugs, researchers have found that…
When Cybersecurity Fails: The Impact of the Microchip Technology Hack
In an era where digital transformation is at the forefront of every industry, cybersecurity remains a critical concern. The recent cyberattack on Microchip Technology, a leading provider of microcontrollers and analog semiconductors, underscores the vulnerabilities that even the most advanced…