A major IT outage has affected a wide array of global institutions, including hospitals, major banks, media outlets, and airlines. The disruption has hindered their ability to offer services, causing widespread inconvenience and operational challenges. International airports across India,…
Category: CySecurity News – Latest Information Security and Hacking Incidents
The Vital Role of Ethical Hacking in Cyber Security
The possibility of cyber attacks is a major issue, with the global average cost of a data breach expected to reach $4.45 million in 2023, a 15% increase over the previous three years, according to an IBM analysis. This…
Government Shuts Down Two Telemarketing Giants for 5.5 Million Fraudulent Calls
Several telemarketing entities, notably V-Con Intelligent Security and OneXtel Media, have been suspended by the Department of Telecommunications (DoT) for disseminating malicious messages through their services. According to a report by the Economic Times (ET), these two telemarketers alone…
Global Outage Caused by Anti-Virus Update from Crowdstrike
A recent update from the anti-virus firm Crowdstrike has led to a global outage affecting millions of Windows users. The incident is being termed one of the most extensive outages ever, impacting numerous services and companies worldwide. Crowdstrike, a…
Recent IT Meltdown: CrowdStrike Update Causes Global Chaos, Predicted Hours Earlier on Reddit
Only a few times in history has a single piece of code instantly wreaked havoc on computer systems globally. Examples include the Slammer worm of 2003, Russia’s NotPetya cyberattack targeting Ukraine, and North Korea’s WannaCry ransomware. However, the recent…
Lazarus Hacking Group is Using Asian Firms to Launder Stolen Crypto
Cambodian payments company received crypto worth over US$150,000 from a digital wallet employed by North Korean hacking group Lazarus, blockchain data shows, a glimpse of how the criminal outfit has laundered funds in Southeast Asia. Huione Pay, based in…
The Financial Fallout of UnitedHealth’s Ransomware Attack
A $2.3 Billion Lesson The recent ransomware attack on UnitedHealth Group serves as a stark reminder of the vulnerabilities that even the largest corporations face. The attack, which has resulted in costs soaring to at least $2.3 billion, underscores the…
Why Passkeys Are the Future of Digital Authentication
Passwords have been a fundamental aspect of digital security for years, but they come with significant drawbacks. They are not only a hassle to remember but also vulnerable to various hacking techniques. Passkeys have emerged as a robust alternative,…
FIN7 Hacking Group Sells Custom Tool “AvNeutralizer” to Evade Endpoint Protectiono
The notorious FIN7 hacking group has been identified selling a custom tool called “AvNeutralizer,” designed to bypass detection by disabling enterprise endpoint protection software on corporate networks. Believed to be a Russian hacking group active since 2013, FIN7 initially…
Alarm Bells Ring in Germany Over Chinese Tech Advancements
During the next five years, Germany will phase out components made by Chinese companies Huawei and ZTE from its 5G wireless network. This will likely worsen its already strained ties with the second-largest economy in the world, which may…