For at least six months, the official software bundled with Procolored printers reportedly included malicious code, including a remote access trojan (RAT) and a cryptocurrency-stealing malware. Procolored, a Shenzhen-based manufacturer known for its affordable Direct-to-Film (DTF), UV DTF, UV,…
Category: CySecurity News – Latest Information Security and Hacking Incidents
Crypto Crime Shocker: DOJ Charges 27 In $263 Million Crypto Theft
A multi-national cryptocurrency fraud ring that allegedly defrauded victims worldwide over a quarter of a billion dollars has come under increased scrutiny from the US Department of Justice (DOJ). The case now has 27 defendants in total after the…
Klarna Scales Back AI-Led Customer Service Strategy, Resumes Human Support Hiring
Klarna Group Plc, the Sweden-based fintech company, is reassessing its heavy reliance on artificial intelligence (AI) in customer service after admitting the approach led to a decline in service quality. CEO and co-founder Sebastian Siemiatkowski acknowledged that cost-cutting took…
Surge in Skitnet Usage Highlights Evolving Ransomware Tactics
Today’s cyber threat landscape is rapidly evolving, making it increasingly difficult for adversaries to tell the difference between traditional malware families, as adversaries combine their capabilities to maximise their impact. Skitnet, an advanced multistage post-exploitation toolkit, is one of…
Cybercriminals Are Dividing Tasks — Why That’s a Big Problem for Cybersecurity Teams
Cyberattacks aren’t what they used to be. Instead of one group planning and carrying out an entire attack, today’s hackers are breaking the process into parts and handing each step to different teams. This method, often seen in cybercrime…
Microsoft Uncover Password Stealer Malware on 4 lakh Windows PCs
Microsoft’s Digital Crimes Unit (DCU) and global partners have halted Lumma Stealer, one of cybercriminals’ most common info-stealing malware tools. On May 13, Microsoft and law enforcement agencies seized nearly 2,300 domains that comprise Lumma’s infrastructure, inflicting a significant…
Global Surveillance Campaign Targets Government Webmail Through XSS Exploits
Amid the ongoing conflict between Russia and Ukraine, the digital battlefield remains just as active as the one on the ground. Researchers have identified a sophisticated and ongoing global hacking campaign known as “Operation RoundPress” as a disturbing escalation…
Cyberattack Forces Nucor to Halt Some Operations Amid Ongoing Investigation
Nucor, the largest steel manufacturer and recycler in North America, has disclosed a cybersecurity incident that forced the company to temporarily shut down some of its production operations. The Charlotte, North Carolina-based firm confirmed the event in a recent…
Generative AI May Handle 40% of Workload, Financial Experts Predict
Almost half of bank executives polled recently by KPMG believe that generative AI will be able to manage 21% to 40% of their teams’ regular tasks by the end of the year. Heavy investment Despite economic uncertainty, six…
Quantum Computing Could Deliver Business Value by 2028 with 100 Logical Qubits
Quantum computing may soon move from theory to commercial reality, as experts predict that machines with 100 logical qubits could start delivering tangible business value by 2028—particularly in areas like material science. Speaking at the Commercialising Quantum Computing conference…