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 $6 billion in six months, reporting a 353 percent year-over-year growth.
Deepfake videos of TV news presenters are being used to dupe gullible viewers into logging onto illegal gambling sites where malware is then downloaded onto their devices. News anchors on Sky and other channels appear to be quoting Apple CEO Tim Cook recommending an app where users can easily get rich by winning vast sums of money. The news reports have been identified as deepfake videos. It has been further revealed that thousands of similar videos of deepfakes of journalists have been circulated in the US and the UK.
Authorities in Korea and Beijing dismantled a sprawling voice phishing syndicate responsible for financial losses totaling US$ 1.1 billion. But South-East Asian observers believe this to be only the tip of an impenetrable iceberg of cybercrime in South-East Asia that is rapidly starting spread around the globe.
The Korean bust was part of an Interpol-co-ordinated global operation involving law enforcement from 40 countries, territories, and regions and has ended with the arrest of over 5,500 financial crime suspects and the seizure of more than US$400 million in virtual assets and government-backed currencies.
According to a report by Qrator Labs, blocked IP addresses associated with malicious activity increased by 116% in Q3 2023. The increase in blocked IP addresses is credited to threat actors attempting to bypass geo-blocking.
Top top 5 countries originating these blocked IP addresses consist of the United States (5.66 million), China (4.97 million), Germany (1.39 million), Indonesia (1.32 million), and Singapore (1.03 million).
Ancestry site 23andMe with nearly 1M users has acknowledged a hacker leak, with hackers listing stolen data relating to family genetics online for sale.
The hackers seemed to have targeted users of Ashkenazi Jewish heritage. The data includes the last name, sex, and 23andMe’s evaluation of where their ancestors came from. This is now being investigated, to find out who the threat actors are, along with the motive of the attack.
Chinese hacker group Budworm has been using cyber-espionage malware to target a telecommunications company in the Middle East and an Asian government organization.
Reports say attacks have been orchestrated through a new variant of the group’s SysUpdate backdoor malware, and that telecommunication companies have become a common target for hacking groups.
The Jordan News Agency has announced that Jordan will hold its first-ever cybersecurity summit this September. The conference will be held on September 25 under the patronage of His Royal Highness Crown Prince Al Hussein bin Abdullah II.
Editorial Team
