McAfee Labs has uncovered a rise in cyber scams where fraudsters use fake viral video links to trick people into downloading malware. These attacks rely on social engineering, enticing users with promises of exclusive or leaked content. Once a…
Tag: CySecurity News – Latest Information Security and Hacking Incidents
Open Access to Critical Data With Bank Staff Leading to Financial Scam
A concerning trend has sent shockwaves across cybersecurity authorities, with central cyber and intelligence organisations tracking and documenting large-scale data leaks perpetrated by bank staff and third party contractors. According to a senior Indian government official, the issue has…
Call Merging Scams and Financial Security Risks with Prevention Strategies
It is not uncommon for fraudsters to develop innovative tactics to deceive their targets, with one of the latest scams being the called merging scam in which the scammers attempt to gain unauthorized access to the victim’s accounts to…
BlackLock Ransomware: The Fastest-Growing Cyber Threat and How to Stay Safe
Ransomware remains a major problem for businesses, and a new cybercriminal group is expanding at an alarming rate. Security researchers at ReliaQuest have identified BlackLock as the fastest-growing ransomware operation today, with its activity increasing by 1,425% since late…
Bybit Crypto Exchange Hacked for $1.5 Billion in Largest Crypto Heist
Bybit, one of the world’s largest cryptocurrency exchanges, has suffered a massive security breach, resulting in the loss of $1.5 billion in digital assets. The hack, now considered the largest in crypto history, compromised the exchange’s cold wallet—an offline…
Building Robust AI Systems with Verified Data Inputs
Artificial intelligence is inherently dependent on the quality of data that powers it for it to function properly. However, this reliance presents a major challenge to the development of artificial intelligence. There is a recent report that indicates that…
Role of Continuous Threat Exposure Management in Business Security
Continuous threat exposure management (CTEM) is a framework for proactively managing and mitigating threat exposure using an iterative approach that emphasises on developing structured organisational procedures as well as leveraging security tools. In this article, we’ll go over CTEM,…
Massive Banking Data Leaks Under Scrutiny as Cyber Fraud Cases Surge
A concerning rise in large-scale data breaches has put cybersecurity agencies on high alert, with central cyber and intelligence bodies actively tracking incidents linked to bank employees and third-party vendors. According to a senior government official, the matter has…
University of Notre Dame Hit by Cyberattack— Hackers Say They Stole Everything
A cybercriminal group known as Fog Ransomware has claimed responsibility for a cyberattack on the University of Notre Dame in Perth, Australia. According to reports, the group has allegedly stolen 62.2GB of sensitive data, including student medical records, staff…
Black Basta’s Slowdown Coincides with BlackLock’s Growth
The activity level of ransomware groups with “black” in their name has varied greatly over the early months of the new year. Despite the significant increase in attacks caused by the BlackLock ransomware group, the long-established Black Basta ransomware…