Tag: cybercrime
AI system blackmails its creator
Artificial Intelligence (AI) is learning to think like a human. But the critical question now being asked in IT circles is: “What kind of human?” Claude, Opus 4, a groundbreaking new AI system released by AI developers Anthropic on Tuesday, is attempting to blackmail its creator by exposing an alleged extramarital affair. This follows on from other AI systems programmed to interact with humans effectively, lying by making up fake information, a phenomenon known by developers as “hallucinating”.
“Panda Shop” Takes “Smishing” to a New Level
‘Smishing’ - cybercrime involving sending deceptive SMS text messages - has just been taken to a new and dangerous level by China’s crime syndicates. Cybersecurity company, Resecurity, has discovered a devastating new smishing kit known as "Panda Shop," which comes complete with interactive manuals on how to use it.
UK government issues urgent cybercrime warning
The UK government is issuing a warning this week to all companies to make cybersecurity an “absolute priority”, following recent cyberattacks on retailers Marks & Spencer, Harrods, and the Co-op. UK cabinet office minister Pat McFadden is reported to have held a briefing last week with national security officials and the CEO of the National Cyber Security Centre, Richard Horne, aimed at providing support to the three retail groups.
Cyberattacks hit UK retailers hard
The UK retailers, Marks & Spencer, Harrods and the Co-Op, who have been hit by a flurry of cyber-attacks over the last two weeks, have immediately experienced a loss in consumer and investor confidence.
Cybersecurity has become an ongoing war
In our business, assessing risk is crucial. There is a constantly evolving threat landscape, and cybercriminals are constantly introducing new techniques and developing existing ones. And as online connectivity grows, so does every organization's overall attack surface. Unit 42 are constantly conducting research examining the full scope of the ever expanding attack surface and constantly testing existing defenses. They play the role of cybercriminals, acting as white-hat hackers, if you like, in order to detect potential weaknesses. This research is conducted across the board and also directed at each client specific attacks surface. And when there is a breach, Unit 42 is there to detect and control it. They effectively act as wartime consiglieres – remember that the ongoing Russia/Ukraine conflict started in cyberspace. They must also act immediately to mitigate any breach that does occur. Constant research and testing of defenses are vital. We have to be right every time, but the cybercriminal gangs only have to be right once to effect a breach and perform a successful attack.
Only a Global Force Can Combat Cybercrime
George Patsis is the founder and CEO of Obrela and has a proven track record in developing large-scale innovative security programs for major Global 500 companies. In an exclusive interview with Cyber Intelligence, he explains why a global approach is needed to fight cybercrime. This is a philosophical discussion shaped by the evolving changes in the human and society conditions. Ten years ago, digital communications and laptops were supplementary tools in people’s lives and perceived as an extension of our natural world. Today, we are witnessing the evolution of a full-scale digital transformation leading to an entirely new domain: cyberspace. Much like the air travel leading to partitioning of the skies, or the British Empire’s domination of the seas or the space quest. Whenever humankind discovers new domains and frontiers, the absence of clear leadership and authority often leads to conflict and crime. In the American Old West, every town had its own safe, and criminals tried to rob it. In the same way, the new digital frontier of cyberspace is driving demand for companies like OBRELA to protect their digital assets. But we need more than just individual Cybersecurity companies to protect us across the new threats in cyberspace. In the absence of a central cybersecurity authority, cybercriminals operate with near impunity—facing little resistance, no clear attribution, and a remarkably low risk of consequences.
From deepfakes to in-person fraudsters
Boeing Employees' Credit Union (BECU) is a not-for-profit credit union based in Washington, dedicated to improving the financial well-being of its members and communities. It has grown beyond serving Boeing’s employees to more than 1.5 million members and $29 billion in assets. In an exclusive interview, Sean Murphy, Chief Information Security Officer (CISO) at BECU, explains the changing cyber-threats now facing consumers. The cybersecurity challenges faced by all consumers have escalated with the growth of artificial intelligence (AI). We have witnessed the growing use of botnets, and AI is at such a stage that it can be used to attempt to gain access to accounts on an individual level. The use of virtual private networks (VPNs) simplifies this process and makes it difficult to track. Remember – while organizations are constantly monitoring for threats and attacks, the cybercriminals only have to get it right one time to cause a highly damaging breach. Advanced persistent threats (APTs) have now become a major ongoing threat. Financial institution employees are the first line of defense against cyber attackers and play a key role in protecting consumers. As such, a robust cybersecurity team and the regular training of employees is crucial.
3.9 Billion Passwords Exposed in Infostealer Malware Surge – February 26th
Approximately 2,850 Ivanti Connect Secure VPN instances remain vulnerable to CVE-2025-22467, a critical stack buffer-overflow flaw, according to Shadowserver Foundation. Despite Ivanti patching the vulnerability on February 11, unpatched devices could allow remote authenticated attackers to execute code. The U.S. and Japan lead in exposure, with 852 and 384 vulnerable instances, respectively.
Companies must identify the value of their data
Most organizations have no clear idea of the value of the data they hold on themselves and their customers. According to technology research and consulting firm Gartner, 30 percent of chief data and analytics officers (CDAOs) say that their top challenge is the inability to measure data, analytics, and AI's impact on business outcomes. Gartner also reports that only 22 percent of organizations surveyed have defined, tracked, and communicated business impact metrics for the bulk of their data and analytics (D&A) use cases. “There is a massive value vibe around data, where many organizations talk about the value of data, desire to be data-driven, etc., but there are few who can substantiate it,” said Michael Gabbard, senior director analyst at Gartner.
Toxic warning for China’s DeepSeek AI app
On January 31, Texas became the first US state to ban the Chinese-owned generative artificial intelligence (AI) application, DeepSeek, on state-owned devices and networks. New York swiftly followed suit on February 10 with Virginia imposing a ban on February 11. The Texas state governor’s office stated: “Texas will not allow the Chinese Communist Party to infiltrate our state’s critical infrastructure through data-harvesting AI and social media apps. State agencies and employees responsible for handling critical infrastructure, intellectual property, and personal information must be protected from malicious espionage operations by the Chinese Communist Party. Texas will continue to protect and defend our state from hostile foreign actors.”
2025 forecast to be boom year for cybersecurity
California-based cybersecurity goliath Palo Alto Networks has issued a bullish revenue forecast based on a perceived rising global demand for artificial intelligence (AI)-driven security products. “In Q2 [2025], our strong business performance was fuelled by customers adopting technology driven by the imperative of AI, including cloud investment and infrastructure modernization," said CEO Nikesh Arora. “Our growth across regions and demand for our platforms demonstrates our customers' confidence in our approach. It reaffirms our faith in our 2030 plans and our $15 billion next-generation technology annual recurring revenue goal.”
The coming St Valentine’s Day cyber-massacre
This coming Friday is St Valentine’s Day and cybercriminals all over the world are rubbing their hands together with glee at the harvest they intend to reap. Developments in artificial intelligence and the widespread availability of off-the-shelf cybercrime software have enabled a new generation of cyber-scams specifically designed around St Valentine’s Day. In the recent past, cybercriminals typically used February 14th as an excuse to introduce themselves to lonely people with a view to patiently winning their victims’ trust in the short-term and cruelly robbing them of their savings in the longer term.