Tag: cybercrime
Criminal use of AI enters new and dangerous phase
Cybercriminals have just added what may be the most dangerous weapon yet to their arsenal of illegal software, a Dark Web version of legitimate artificial intelligence (AI) platforms. Tel Aviv-based network security company, Cato Networks, has uncovered an emerging criminal platform called Nytheon AI that it says is “a fully-fledged illicit AI platform”. While there have been other attempts to offer criminal versions of popular AI models, Nytheon AI is the first truly comprehensive multilingual offering. Threat actors can now use the platform to conduct a variety of attacks including tailored spear-phishing campaigns, deepfake documents, and polymorphic malware capable of constantly mutating its appearance.
Geopolitical Tensions are Changing the Cybersecurity Landscape – June 13th
Political tensions are prompting nations to re-strategize cybersecurity. Countries that once sought international cooperation and joint strategies are now prioritizing domestic cyber capacities and national interests as a result of geopolitical instabilities.
UK backs AI and intelligence modernization – June 12th
The UK government has announced its plans to invest in digital and artificial intelligence (AI) in public services, including the NHS, aiming to build strong technology foundations and tackle urgent cybersecurity risks.
Cyera secures $540 million in funding – June 11th
Cybersecurity firm Cyera has raised $540 million in a Series E funding round, bringing its total to over $1.3 billion. Cyera’s valuation has surged to $6 billion in six months, reporting a 353 percent year-over-year growth.
Honeywell kicks off AI tools to accelerate industrial autonomy – June 10th
Honeywell has debuted a series of AI-powered tools that intend to boost industrial autonomy, introducing a suite of AI cybersecurity solutions designed to ramp up Operation Technology defenses against the ever-evolving cyberthreat landscape.
Teenage hackers run rings around cyber-defenses
The recent UK retail cyberattacks that impacted Marks & Spencer and the Co-Op supermarket chain are only the tip of a very large iceberg that now threatens organizations on both sides of the Atlantic. Although media reports have attributed the attacks to a group named “Scattered Spider,” the actual threat is far bigger. For a start, there is no criminal group that actually calls itself “Scattered Spider”, which is just a made-up name attributed by cybersecurity researchers. These attacks and many others in the US and the UK are now known to be the work of a vast sprawling network of hackers, some as young as 14, spread across the US and the UK. They call themselves “the Community”, or “the Com” for short, and are essentially a vast teenage subculture of criminal hackers.
White House phone hack rings alarm bells
An attempt to impersonate White House Chief of Staff Susie Wiles is currently being investigated by US federal agencies. The incident highlights the ongoing dangers posed by key individuals using their personal phones to store the phone numbers of important contacts, now that voice cloning enables cybercriminals to mimic anyone’s voice with ease.
Critical Qualcomm Zero-Days Exploited in Targeted Android Attacks – June 2nd
In today's daily round up - Qualcomm has patched three zero-day vulnerabilities which were actively exploited in targeted attacks against Android devices, Dedge Security has raised €4 million in seed funding to bolster its platform, and PTSD Resolution has teamed up with the Chartered Institute of Information Security to provide trauma therapy services to cybersecurity professionals.
Deepfake Phishing Targets Trump’s Chief of Staff – May 30th
In today's daily roundup - Deepfake Phishing Targets Trump’s Chief of Staff, ConnectWise Breached by Suspected Nation-State Actor, and Unbound Security Raises $4M Seed Funding.
AI increasingly used to deliver malware
Many organizations’ ongoing enthusiasm for incorporating artificial intelligence (AI) is leaving them open to sophisticated and carefully planned cyber-attacks. Cybersecurity company Mandiant, a Google subsidiary, has issued an urgent warning for companies to be wary of downloading AI tools from unvetted websites.
Russia orchestrates vast cyber-espionage campaign
A new Russian threat actor, Void Blizzard, also known as Laundry Bear, is gathering intelligence from Western states on an industrial scale unseen since the end of the Cold War. According to Microsoft Threat Intelligence, Void Blizzard primarily targets NATO member states, particularly those supporting Ukraine, and Ukraine.
US healthcare crisis looms
The US healthcare sector is now reeling from a seemingly never-ending series of cyberattacks. The problem is becoming so dire that there is growing concern that it may even spark a genuine healthcare crisis. The recent ransomware attack on Kettering Health, for example, which operates 14 hospitals and over 120 medical facilities in Ohio, is merely the latest volley in a remorseless wave of cyberattacks on the cash-rich sector.