cybercrime

Cybersecurity preparedness pays big dividends for businesses

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Cybersecurity preparedness pays big dividends for businesses 04/10/2023 at 06:32 By Help Net Security Businesses are taking cybersecurity more seriously by boosting resources and preparedness, according to GetApp. US businesses on the whole are gaining ground against cybercriminals after several years of increasingly severe threats, but the Las Vegas cyberattacks are a stark reminder of […]

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AI can be used in ‘every single process’ of JPMorgan’s operations, says CEO

Customer Service, cybercrime, Datebase, Errors, Hedging, Large Language Models, Scientists /

AI can be used in ‘every single process’ of JPMorgan’s operations, says CEO 03/10/2023 at 03:03 By Cointelegraph By Brayden Lindrea JPMorgan’s CEO Jamie Dimon pointed to trading, hedging, research and error detection as just some of the processes that can be streamlined by AI. This article is an excerpt from Cointelegraph.com News View Original

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September becomes the biggest month for crypto exploits in 2023: CertiK

CertiK, Crypto, cybercrime, exploits, Hacks, phishing, scams /

September becomes the biggest month for crypto exploits in 2023: CertiK 02/10/2023 at 10:07 By Cointelegraph By Martin Young The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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9 essential ransomware guides and checklists available for free

ANSSI, CISA, cybercrime, Don't miss, DXC Technology, Egnyte, FTC, Government, guide, Hot stuff, how-to, IBM, IBM X-Force, Malware, National Cyber Security Centre, News, Ransomware, strategy, tips /

9 essential ransomware guides and checklists available for free 02/10/2023 at 08:03 By Help Net Security According to Fortinet, ransomware activity has intensified, registering an increase of 13 times compared to the beginning of 2023 in terms of all malware detections. The rise of Ransomware-as-a-Service has primarily driven this surge in ransomware variations. According to

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Protecting against FraudGPT, ChatGPT’s evil twin

Artificial Intelligence, ChatGPT, credentials, cybercrime, cybercriminals, cybersecurity, dark web, Don't miss, Email, fraud, Hot stuff, identity management, My1Login, passwords, phishing, scams, Video /

Protecting against FraudGPT, ChatGPT’s evil twin 02/10/2023 at 07:01 By Help Net Security FraudGPT is the evil counterpart to ChatGPT. Criminals use it to target businesses with phishing emails and scams with speed and accuracy like never before. The AI can be prompted to create the most realistic phishing emails, perfected down to a business’

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AWS Using MadPot Decoy System to Disrupt APTs, Botnets

AWS, cloud security, cybercrime, MadPot, Nation-State, Sandworm, Volt Typhoon /

AWS Using MadPot Decoy System to Disrupt APTs, Botnets 29/09/2023 at 21:01 By Ryan Naraine AWS says an internal threat intel decoy system called MadPot has successfully trapped nation state-backed APTs like Volt Typhoon and Sandworm. The post AWS Using MadPot Decoy System to Disrupt APTs, Botnets appeared first on SecurityWeek. This article is an

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In Other News: RSA Encryption Attack, Meta AI Privacy, ShinyHunters Hacker Guilty Plea

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In Other News: RSA Encryption Attack, Meta AI Privacy, ShinyHunters Hacker Guilty Plea 29/09/2023 at 19:16 By SecurityWeek News Noteworthy stories that might have slipped under the radar: new RSA encryption attack, Meta’s AI privacy safeguards, and ShinyHunters hackers’ guilty plea.  The post In Other News: RSA Encryption Attack, Meta AI Privacy, ShinyHunters Hacker Guilty

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Financial crime compliance costs exceed $206 billion

Artificial Intelligence, Compliance, cybercrime, cybersecurity, financial industry, LexisNexis Risk Solutions, News, report, survey /

Financial crime compliance costs exceed $206 billion 29/09/2023 at 07:02 By Help Net Security The growing complexity of compliance regulations and ever-evolving criminal methodologies are a major difficulty for financial institutions, according to LexisNexis Risk Solutions. Global financial crime compliance costs for financial institutions exceed $206 billion. This cost is comparable to more than 12%

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Why California’s Delete Act matters for the whole country

BlackCloak, CISO, cybercrime, cybercriminals, cybersecurity, dark web, data, Don't miss, Government, Hot stuff, identity, law, Privacy, regulation, USA, Video /

Why California’s Delete Act matters for the whole country 29/09/2023 at 06:32 By Help Net Security The California State Legislature passed Senate Bill 362, known as the Delete Act, to simplify the process for consumers to ask to remove their personal data gathered by data brokers. In this Help Net Security video, Dr. Chris Pierson,

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Progress Software Patches Critical Pre-Auth Flaws in WS_FTP Server Product 

Cl0p, cybercrime, MOVEit, Progress Software, Ransomware, Vulnerabilities, WS_FTP /

Progress Software Patches Critical Pre-Auth Flaws in WS_FTP Server Product  28/09/2023 at 22:48 By Ryan Naraine Progress Software ships patches for critical-severity flaws in its WS_FTP file transfer software and warns that a pre-authenticated attacker could wreak havoc on the underlying operating system. The post Progress Software Patches Critical Pre-Auth Flaws in WS_FTP Server Product 

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Ransomware groups are shifting their focus away from larger targets

attacks, cybercrime, cybercriminals, cybersecurity, Government, healthcare, Malware, News, Ransomware, report, survey, Trend Micro /

Ransomware groups are shifting their focus away from larger targets 28/09/2023 at 06:02 By Help Net Security One in every six ransomware attacks targeting US government offices was traced back to the LockBit ransomware group, according to Trend Micro. Overall ransomware attack victim numbers increased by 47% from H2 2022. “We’ve observed a significant increase

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High number of security flaws found in EMEA-developed apps

Application Security, cybercrime, cybercriminals, cybersecurity, exploit, generative AI, News, report, SCA, survey, third party compromise, Veracode, vulnerability /

High number of security flaws found in EMEA-developed apps 27/09/2023 at 07:47 By Help Net Security Applications developed by organizations in Europe, Middle East and Africa tend to contain more security flaws than those created by their US counterparts, according to Veracode. Across all regions analysed, EMEA also has the highest percentage of ‘high severity’

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$200 Million in Cryptocurrency Stolen in Mixin Network Hack

Cryptocurrency, cybercrime /

$200 Million in Cryptocurrency Stolen in Mixin Network Hack 26/09/2023 at 14:46 By Ionut Arghire Mixin Network suspends deposits and withdrawals after hackers steal $200 million in digital assets from its centralized database. The post $200 Million in Cryptocurrency Stolen in Mixin Network Hack appeared first on SecurityWeek. This article is an excerpt from SecurityWeek

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Has Sony been hacked again?

Barrier Networks, cybercrime, data breach, Don't miss, Hot stuff, My1Login, News, Sony /

Has Sony been hacked again? 26/09/2023 at 13:19 By Zeljka Zorz Ransomed.vc, a relatively new ransomware / cyber extortion group, claims to have hacked Sony and made off with valuable data. Sony allegedly hacked and its data held for ransom “We have successfully compromissed all of sony systems. We wont ransom them! we will sell

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Are developers giving enough thought to prompt injection threats when building code?

Artificial Intelligence, code, cybercrime, data analysis, Don't miss, Expert analysis, Expert corner, generative AI, Hot stuff, Immersive Labs, News, opinion, policy, programming, software development, strategy /

Are developers giving enough thought to prompt injection threats when building code? 26/09/2023 at 08:32 By Help Net Security With National Coding Week behind us, the development community has had its annual moment of collective reflection and focus on emerging technologies that are shaping the industry. Among these, large language models (LLMs) and “generative AI”

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Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role

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Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role 25/09/2023 at 17:32 By Ionut Arghire Kosi Goodness Simon-Ebo, a Nigerian national, pleaded guilty in a US court to his involvement in a million-dollar BEC fraud scheme. The post Nigerian Pleads Guilty in US to Million-Dollar BEC Scheme Role appeared first on SecurityWeek. This article

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Current ransomware defenses efforts are not working

cookies, cybercrime, cybersecurity, data, Malware, MFA, News, passwords, phishing, Ransomware, report, social engineering, SpyCloud, survey /

Current ransomware defenses efforts are not working 25/09/2023 at 06:31 By Help Net Security Despite some positive developments, the impact of ransomware attacks remains high, according to SpyCloud. Infostealer infections preceded 22% of ransomware events for North American and European ransomware victim companies in 2023 – with common infostealers such as Raccoon, Vidar, and Redline

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Ransomware cyber insurance claims up by 27%

Coalition, cybercrime, cybersecurity, Insurance, News, Ransomware, report, survey /

Ransomware cyber insurance claims up by 27% 22/09/2023 at 07:31 By Help Net Security Overall cyber insurance claims frequency increased by 12% in the first half of 2023, according to Coalition. Increase in ransomware claims frequency Coalition found that both claims frequency and severity rose for businesses in early 2023 across all revenue bands. Companies

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Code alterations more prevalent in Android apps than iOS

Android, app, Application Security, Cryptocurrency, cybercrime, cybersecurity, Digital.ai, Don't miss, iOS, News, online gaming, Ransomware, report, survey /

Code alterations more prevalent in Android apps than iOS 22/09/2023 at 07:01 By Help Net Security 57% of all monitored apps are under attack, with gaming (63%) and FinServ (62%) apps facing the highest risk, according to Digital.ai. The study found no correlation between an app’s popularity and likelihood of being attacked but found Android

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MGM Resorts Computers Back Up After 10 Days as Analysts Eye Effects of Casino Cyberattacks

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MGM Resorts Computers Back Up After 10 Days as Analysts Eye Effects of Casino Cyberattacks 21/09/2023 at 05:32 By Associated Press MGM Resorts brought its computer systems back online on September 20th after ransomware disrupted operations for 10 days. The post MGM Resorts Computers Back Up After 10 Days as Analysts Eye Effects of Casino

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