August 2024

New Gafgyt Botnet Variant Targets Weak SSH Passwords for GPU Crypto Mining

New Gafgyt Botnet Variant Targets Weak SSH Passwords for GPU Crypto Mining 2024-08-15 at 09:01 By Cybersecurity researchers have discovered a new variant of the Gafgyt botnet that’s targeting machines with weak SSH passwords to ultimately mine cryptocurrency on compromised instances using their GPU computational power. This indicates that the “IoT botnet is targeting more […]

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74% of IT professionals worry AI tools will replace them

74% of IT professionals worry AI tools will replace them 2024-08-15 at 07:31 By Help Net Security 56% of security professionals are concerned about AI-powered threats, according to Pluralsight. Many organizations lack structured AI training Over half of surveyed technologists are either extremely concerned or moderately concerned about AI-powered threats, with only 6% saying they

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How passkeys eliminate password management headaches

How passkeys eliminate password management headaches 2024-08-15 at 07:01 By Mirko Zorz In this Help Net Security interview, David Cottingham, President at rf IDEAS, discusses the key benefits organizations can expect when implementing passkeys. Cottingham addresses the misconceptions surrounding the adoption of passkeys, particularly in the B2B landscape. What are the key benefits that organizations

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The AI balancing act: Unlocking potential, dealing with security issues, complexity

The AI balancing act: Unlocking potential, dealing with security issues, complexity 2024-08-15 at 06:31 By Help Net Security The rapid integration of AI and GenAI technologies creates a complex mix of challenges and opportunities for organizations. While the potential benefits are clear, many companies struggle with AI literacy, cautious adoption, and the risks of immature

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China-linked cyber-spies infect Russian govt, IT sector

China-linked cyber-spies infect Russian govt, IT sector 2024-08-15 at 06:01 By Jessica Lyons No, no, go ahead, don’t let us stop you, Xi Cyber-spies suspected of connections with China have infected “dozens” of computers belonging to Russian government agencies and IT providers with backdoors and trojans since late July, according to Kaspersky.… This article is

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DDoS attack volume rises, peak power reaches 1.7 Tbps

DDoS attack volume rises, peak power reaches 1.7 Tbps 2024-08-15 at 06:01 By Help Net Security The total number of DDoS attacks during H1 2024 amounted to 830,000, an increase of 46% when compared to H1 2023, according to Gcore. Peak attack power rose from 1.6 terabits per second (Tbps) in H2 2023 to 1.7

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Cisco Cuts Thousands of Jobs, 7% of Workforce, As It Shifts Focus to AI, Cybersecurity

Cisco Cuts Thousands of Jobs, 7% of Workforce, As It Shifts Focus to AI, Cybersecurity 2024-08-15 at 06:01 By Associated Press Cisco had 84,900 employees as of July 2023. Based on that figure, the number of jobs cut would be about 5,900. The post Cisco Cuts Thousands of Jobs, 7% of Workforce, As It Shifts

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IRS has loads of legacy IT, still has no firm plans to replace it

IRS has loads of legacy IT, still has no firm plans to replace it 2024-08-15 at 00:46 By Brandon Vigliarolo Treasury questions the retirement of the, er, Technology Retirement Office A shuttered IRS office focused on retiring and replacing legacy technology should be reopened, an audit has concluded, so that the US tax collection agency

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Microsoft tweaks fine print to warn everyone not to take its AI seriously

Microsoft tweaks fine print to warn everyone not to take its AI seriously 2024-08-14 at 23:31 By Thomas Claburn Don’t use LLMs for anything important and don’t try to reverse engineer it Microsoft is notifying folks that its AI services should not be taken too seriously, echoing prior service-specific disclaimers.… This article is an excerpt

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Delays? We’re still shipping ‘small quantities’ of Nvidia’s GB200 in Q4, Foxconn insists

Delays? We’re still shipping ‘small quantities’ of Nvidia’s GB200 in Q4, Foxconn insists 2024-08-14 at 22:46 By Tobias Mann Production ramp won’t kick off utill Q1 2025 Nvidia’s alleged Blackwell supply problem may not be as bad as first thought, according to Foxconn executives who claimed they would begin shipping a small volume of GB200

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Russian cyber snoops linked to massive credential-stealing campaign

Russian cyber snoops linked to massive credential-stealing campaign 2024-08-14 at 22:01 By Jessica Lyons Citizen Lab also spots a COLDWASTREL swimming in the Rivers of Phish Russia’s Federal Security Service (FSB) cyberspies, joined by a new digital snooping crew, have been conducting a massive online phishing espionage campaign via phishing against targets in the US

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Texas sues GM for selling driver data to analytics, insurance companies

Texas sues GM for selling driver data to analytics, insurance companies 2024-08-14 at 21:16 By Brandon Vigliarolo Lone Star State alleges GM cashed in with “millions in lump sum payments” from the sale Texas has sued General Motors for what it said is a years-long scheme to collect and sell drivers’ data to third parties

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Harris-Trump Presidential Election: Looking at the Threats and Cybersecurity Challenges

Harris-Trump Presidential Election: Looking at the Threats and Cybersecurity Challenges 2024-08-14 at 21:16 By Jose Luis Riveros With less than three months to go until the 2024 US presidential election and with possible cyberattacks and data leaks already impacting campaign activities, the US Office of the Director of National Intelligence (ODNI) and Microsoft have issued separate reports on the tactics they see being

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Black Basta-Linked Attackers Target Users with SystemBC Malware

Black Basta-Linked Attackers Target Users with SystemBC Malware 2024-08-14 at 21:16 By An ongoing social engineering campaign with alleged links to the Black Basta ransomware group has been linked to “multiple intrusion attempts” with the goal of conducting credential theft and deploying a malware dropper called SystemBC. “The initial lure being utilized by the threat

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Enzo Biochem ordered to cough up $4.5 million over lousy security that led to ransomware disaster

Enzo Biochem ordered to cough up $4.5 million over lousy security that led to ransomware disaster 2024-08-14 at 20:16 By Connor Jones Three state attorneys general probed the company and found plenty to chastise Biotech biz Enzo Biochem is being forced to pay three state attorneys general a $4.5 million penalty following a 2023 ransomware

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NASA’s VIPER rover might still reach the lunar surface after all

NASA’s VIPER rover might still reach the lunar surface after all 2024-08-14 at 19:16 By Richard Speed Intuitive Machines tosses hat into the ring for NASA’s canceled trundlebot Intuitive Machines has submitted a bid to save NASA’s VIPER rover, describing the $84 million savings claimed by the US space agency when cutting it as “a

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Reclaim the information advantage from cyber criminals

Reclaim the information advantage from cyber criminals 2024-08-14 at 19:16 By Attackers don’t have to have the information advantage — security professionals can regain and maintain the information advantage. This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React to this headline:

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