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Flaw in Revolut payment systems exploited to steal $20 million

Flaw in Revolut payment systems exploited to steal $20 million 10/07/2023 at 17:05 By Zeljka Zorz Organized criminal groups exploited a flaw in Revolut’s payment systems and made off with $20+ million of the company’s money, the Financial Times reported on Sunday, citing people with knowledge of the situation. Revolut’s cybersecurity troubles Revolut is a […]

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Malware delivery to Microsoft Teams users made easy

Malware delivery to Microsoft Teams users made easy 10/07/2023 at 14:33 By Zeljka Zorz A tool that automates the delivery of malware from external attackers to target employees’ Microsoft Teams inbox has been released. TeamsPhisher (Source: Alex Reid) About the exploited vulnerability As noted by Jumpsec researchers Max Corbridge and Tom Ellson, Microsoft Teams’ default

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Law firms under cyberattack

Law firms under cyberattack 10/07/2023 at 07:31 By Helga Labus In April 2023, Australian law firm HWL Ebsworth was hit by a cyberattack that possibly resulted in data of hundreds of its clients and dozens of government agencies being compromised. The attack was claimed by the Russian-linked ALPHV/Blackcat ransomware group “Earlier this month, the group

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Overcoming user resistance to passwordless authentication

Overcoming user resistance to passwordless authentication 10/07/2023 at 07:14 By Help Net Security Many organizations agree in theory that passwordless authentication is the future, but getting there represents a significant change management challenge. The migration to passwordless requires forethought and planning. For example, an organization needs to establish strategic imperatives around security, the user experience,

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Number of email-based phishing attacks surges 464%

Number of email-based phishing attacks surges 464% 10/07/2023 at 06:45 By Help Net Security The evolving cyberattack landscape reveals the increasing utilization of generative artificial intelligence (AI) systems, like ChatGPT, by cybercriminals for crafting malicious content and executing sophisticated attacks, according to Acronis. The biannual threat report highlights ransomware as the dominant risk to small

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New disturbing ransomware trend threatens organizations

New disturbing ransomware trend threatens organizations 10/07/2023 at 06:02 By Help Net Security Ransomware attacks increased by over 37% in 2023 compared to the previous year, with the average enterprise ransom payment exceeding $100,000, with a $5.3 million average demand, according to Zscaler. Since April 2022, ThreatLabz has identified thefts of several terabytes of data

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Week in review: Fileless attacks increase 1,400%, consumers ditch brands hit by ransomware

Week in review: Fileless attacks increase 1,400%, consumers ditch brands hit by ransomware 09/07/2023 at 11:37 By Help Net Security Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Island Enterprise Browser: Intelligent security built into the browsing session In this Help Net Security interview, Mike Fey, CEO of

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July 2023 Patch Tuesday forecast: A month of instability and uncertainty

July 2023 Patch Tuesday forecast: A month of instability and uncertainty 07/07/2023 at 12:17 By Help Net Security We’re halfway through 2023 already and moving into our seventh Patch Tuesday of the year next week. There’s been a lot of activity with Microsoft this month which may impact updates we’ll see. But first taking a

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Is your browser betraying you? Emerging threats in 2023

Is your browser betraying you? Emerging threats in 2023 07/07/2023 at 07:02 By Help Net Security Network attacks (IPS detections) have remained relatively flat over the last three quarters, technically down a bit more than 3%, according to WatchGuard. “Organisations need to pay more active, ongoing attention to the existing security solutions and strategies their

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API tools and services are fueling revenue growth

API tools and services are fueling revenue growth 07/07/2023 at 06:40 By Help Net Security As more companies recognize APIs as the building blocks of modern software, API tools and services are evolving to meet their needs, according to Postman. Adopting an API-first approach “More companies are adopting an API-first approach to software development, and

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Scammers using AI voice technology to commit crimes

Scammers using AI voice technology to commit crimes 07/07/2023 at 06:03 By Help Net Security The usage of platforms like Cash App, Zelle, and Venmo for peer-to-peer payments has experienced a significant surge, with scams increasing by over 58%. Additionally, there has been a corresponding rise of 44% in scams stemming from the theft of

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Promoting responsible AI: Balancing innovation and regulation

Promoting responsible AI: Balancing innovation and regulation 06/07/2023 at 07:02 By Mirko Zorz As AI technology advances, it is essential to remain mindful of familiar and emerging risks. Education is critical to fostering responsible AI innovation, as understanding the technology and its limitations raises standards and benefits everyone. In this Help Net Security interview, Nadir

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ChatGPT’s unknown potential keeps us guessing

ChatGPT’s unknown potential keeps us guessing 06/07/2023 at 06:31 By Help Net Security An overwhelming number of respondents familiar with ChatGPT were concerned about the risks it poses to security and safety, according to Malwarebytes. They also don’t trust the information it produces, and would like to see a pause in development so that regulation

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Cybercriminals can break voice authentication with 99% success rate

Cybercriminals can break voice authentication with 99% success rate 06/07/2023 at 06:01 By Help Net Security Computer scientists at the University of Waterloo have discovered a method of attack that can successfully bypass voice authentication security systems with up to a 99% success rate after only six tries. Experts expose flaws in voiceprint technology Voice

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75% of consumers prepared to ditch brands hit by ransomware

75% of consumers prepared to ditch brands hit by ransomware 05/07/2023 at 07:32 By Help Net Security As 40% of consumers harbor skepticism regarding organizations’ data protection capabilities, 75% would shift to alternate companies following a ransomware attack, according to Object First. Consumers request data protection Furthermore, consumers request increased data protection from vendors, with

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Island Enterprise Browser: Intelligent security built into the browsing session

Island Enterprise Browser: Intelligent security built into the browsing session 05/07/2023 at 06:31 By Mirko Zorz In this Help Net Security interview, Mike Fey, CEO of Island, explains the differences between consumer browsers and the Island Enterprise Browser, how it protects organizations’ data, and how it uses contextual information to provide users with a safe

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Small organizations face security threats on a limited budget

Small organizations face security threats on a limited budget 05/07/2023 at 06:02 By Help Net Security Small organizations face the same security threats as organizations overall but have less resources to address them, according to Netwrix. Lack of budget among small organizations The most common security incidents are phishing, ransomware, and user account compromise. However,

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Fileless attacks increase 1,400%

Fileless attacks increase 1,400% 04/07/2023 at 07:11 By Help Net Security Aggregated honeypot data, over a six-month period, showed that more than 50% of the attacks focused on defense evasion, according to Aqua Security. Threat actors avoid detection These attacks included masquerading techniques, such as files executed from /tmp, and obfuscated files or information, such

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53% of SaaS licenses remain unused

53% of SaaS licenses remain unused 04/07/2023 at 06:38 By Help Net Security Enterprise leaders in procurement, IT, and finance need to take immediate action to rationalize their SaaS portfolios to prevent spending and governance challenges from spiraling out of control, according to Productiv. Productiv analyzed how nearly 100 million SaaS licenses were used over

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IT leaders believe hybrid cloud solutions are the future of IT

IT leaders believe hybrid cloud solutions are the future of IT 04/07/2023 at 06:01 By Help Net Security IT leaders are losing sleep over improving overall IT performance (60%), data security (50%), process risk and compliance (46%), and the need to improve agility (41%), according to Rocket Software. To overcome these challenges, IT organizations are

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