Amid escalating cyber threats, the Reserve Bank of India (RBI) has released a comprehensive advisory to all scheduled commercial banks. This advisory, disseminated by the Department of Banking Supervision in Mumbai, stresses upon the paramount importance of robust cybersecurity…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Maintaining Sanity Amidst Unnecessary CVE Reports
Developers strive to maintain robust codebases, but occasionally, they encounter dubious or exaggerated reports that can disrupt their work. A recent incident involving the popular open-source project “ip” sheds light on the challenges faced by developers when dealing with Common…
New Intel CPU Vulnerability ‘Indirector’ Found
Researchers from the University of California, San Diego, have discovered a new vulnerability in modern Intel processors, specifically the Raptor Lake and Alder Lake generations. This vulnerability, named ‘Indirector,’ can be used to steal sensitive information from the CPU. The…
A World of Novel Risks: Stress-Testing Security Assumptions
The most severe security failures are generally those that we cannot anticipate – until they occur. Prior to 9/11, national security and law enforcement planners expected that airline hijackers would land their planes and reach a settlement — until…
Comparitech Report Reveals Average Ransom Demands of Over $5.2 Million in Early 2024
In the first half of 2024, the average ransom demand per ransomware attack reached over $5.2 million (£4.1 million), according to a new analysis by Comparitech. This figure is derived from 56 known ransom demands issued by cybercriminals from…
SEBI Circular Forces Stock Gaming Apps to Shut Down and Reevaluate
As of May 24, a circular was issued by SEBI prohibiting stock exchanges and intermediaries in India from sharing time-sensitive share price information with fantasy trading platforms that gamify stock trading in real-time. In the week after the Securities…
CocoaPods Security Alert: Critical Bugs Expose Millions of Apps
A recent security analysis discovered critical vulnerabilities in CocoaPods, the widely used dependency management platform for Apple developers. These vulnerabilities pose significant risks to iOS and macOS apps, potentially allowing attackers to compromise user data and system integrity. Apple CocoaPods…
New Online Scam: Fraudsters Pose as Police Officers to Extort Money
Cyber fraudsters have developed a new method to deceive unsuspecting individuals by posing as police officers and claiming that a relative has been arrested in a narcotics case. They demand a bribe to drop the charges, preying on the victims’…
Australian Man Arrested for Evil Twin Wi-Fi Attacks on Domestic Flights
Police in Australia have arrested and charged a man with nine cybercrime crimes for allegedly setting up fictitious public Wi-Fi networks using a portable wireless access point to steal data from unsuspecting users. The man designed “evil twin” Wi-Fi…
The Growing Cybersecurity Concerns of Generative Artificial Intelligence
In the rapidly evolving world of technology, generative artificial intelligence (GenAI) programs are emerging as both powerful tools and significant security risks. Cybersecurity researchers have long warned about the vulnerabilities inherent in these systems. From cleverly crafted prompts that can…