Cybersecurity firm Okta reports a spike in ‘brute-force’ credential-stuffing attacks over the last month. This follows earlier reports of a spike in ‘brute force’ credential-stuffing attacks reported last week. Increasingly sophisticated ‘brute force’ attacks use trial and error techniques to crack passwords, login credentials, and encryption keys. New life is now also being breathed into what is essentially an old hacking technique, with widely available software using artificial intelligence (AI) that can carry out large numbers of attempts automatically.
Over 3,500 cybercriminals were arrested and $300M worth of assets were seized by Europol, the South Korean government, along with cooperation from law enforcement agencies from 34 countries on a large-scale sting operation labeled "HAECHI IV". The operation spanning from July to December 2023, targeted predominantly email, e-commerce, and investment cyber fraudsters.
The European Union's Cybersecurity Agency (ENISA) is studying the possibility of broadening the proposed cybersecurity labeling rules that may affect big tech operating in Europe. The proposed EU certification scheme (EUCS) vouches for further cybersecurity measures of cloud services, ensuring companies in the bloc select an EU-based certified cybersecurity vendor for their business.
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