In an exclusive interview with Cyber Intelligence, Fergus Hay, the CEO and co-founder of The Hacking Games, explains how teenage hackers hold the keys to the future of cybersecurity.
By adopting such Nineteenth-Century criminal grooming methods to the online world of the Twenty-First Century, today’s threat actors are effectively criminalizing an entire generation not to pick pockets but to rifle fat online crypto wallets instead. When the media reports that a nineteen-year-old hacker has been arrested at his parent’s house for a major hack, such as the one that recently occurred at Transport for London (TfL), the sinister cybercriminals who may have orchestrated the cyber-attack doubtless breathe a sigh of relief. “What the police should be asking in a case like is who has been grooming the teenage hacker and for how many years?” says Fraser Hay, CEO and co-founder of one-year-old UK start-up The Hacking Games, whose aim is to use online gaming, TV and other media to encourage teenagers away from a life of online crime and towards careers in ethical hacking.
The US Federal Bureau of Investigation (FBI) has issued a joint advisory warning of a new tactic being used by North Korean intelligence-gathering cyber group Kimsuky. The warning is squarely aimed at think tanks, academic institutions, non-profit organizations, and members of the media in Western countries. Despite North Korea’s previous reliance on revenue from international crime to finance its weapons and military programs, the FBI reports that Kimsuky’s role is intelligence gathering. Kimsuky exploits an improperly configured Domain Name System (DNS) to mimic legitimate email senders and hack targeted individuals. Without properly configured DNS Domain-based Message Authentication, Reporting, and Conformance (DMARC) policies, malicious hackers can send spoofed emails as if they came from a legitimate domain’s email exchange.
Hackers have seized $53 million worth of cryptocurrency from CoinEx. Hackers violated the site's hot wallets, taking the cryptocurrency, with CoinEx reassuring that user assets had not been impacted by the incident.
US intelligence agencies and the US Air Force issued a joint advisory warning space innovation and assets are now prime targets for cyber-espionage.
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