Tag: Cybersecurity
Ransomware group offers cyber gangs legal advice
A new cybercriminal group, Qilin, is rapidly establishing dominance in the murky world of ransomware by providing not just ransomware-as-a-service (RaaS) but a full soup-to-nuts cybercrime service .In addition to the malware, Qilin also provides a full suite of legal guidance for criminals together with operational and storage features. According cybersecurity company, Cybereason, Qilin is positioning itself not just as a ransomware group, but as a full cybercrime service.
Lenovo Announces Chinese Cybersecurity Collab – June 19th
Lenovo PCCW Solutions is collaborating with leading Chinese cybersecurity firm Qi An Xin Technology to launch the first Security Operation Centre, aiming to address the urgent need for cybersecurity solutions amidst the surge of cyber threats.
Japan Pushes Proactive Cyber Laws – June 17th
Japan Prime Minister Shigeru Ishiba implements a new cybersecurity defense law ahead of national elections to take proactive measures against cyber threats. The legislation allows the government to monitor online communications and requires private companies to report cyberattacks.
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.
InfoSecurity Europe 2025 focuses on weaponized AI
InfoSecurity Europe 2025, which begins in London today, Tuesday, June 2nd, will this year be dominated by the rapidly growing threat posed by the weaponization of artificial intelligence (AI). New to the conference is an AI and cloud security stage, which will exhibit ways organizations can counter the threat posed by AI. AI-driven cybersecurity also dominated the recent RSA conference in San Francisco. Over the last 12 months, threat actors haven’t wasted a moment capitalizing on the global fascination with Artificial Intelligence. As AI’s popularity surged over the past year, cybercriminals have been quick to exploit the new technology to carry out cyberattacks on an industrial scale.