News

US chasing 'costliest strain of ransomware ever seen'

The Department of State offers a reward of up to $15 million for information on the Russia-based Conti ransomware gang.
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Gangs that don’t want your money – just to erase all your data

As if ransomware groups extorting cryptocurrency out of hapless businesses weren’t enough, a new more vicious breed of malware has come to light – one which permanently wipes all the victim’s data, regardless of any payout.
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Seoul expects to become a metaverse city in less than five years

Soon enough, Seoul residents might find themselves entering the metaverse to register a complaint or chat with the mayor's avatar about current events.
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Biggest European economy tightens its grip on Meta

Germany's cartel office, the Bundeskartellamt, imposed stricter rules on Meta after determining its "paramount significance for competition across markets."
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The EU Commission accuses Apple of illegally eliminating competition

The European Commission released the results of its investigation, accusing Apple of distorting competition in the European mobile wallets market...
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A US charity leaves private images of website users exposed

The US charity Breastcancer.org suffered a misconfigured bucket exposure of over 350,000 files containing sensitive images of users. The SafetyDetectives...
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Fears pile up as Musk wants Twitter DMs to be end-to-end encrypted

Elon Musk has big plans for Twitter. He might consider adding end-to-end encryption to direct messages if the deal goes through. While this would add another layer of privacy, it would also open opportunities for the criminal misuse of the platform.
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Have insurers spurred the growth of ransomware attacks?

Throwing insurance money to cover ransom payments only seems to have worsened the situation. Knowing that victims would be able to draw upon their insurance policies, cybercriminals continue attacking organizations fiercely.
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Crypto incubator targeted with the largest known DDoS attack - Cloudflare

The attack clocked at 15.3 million requests per second (rps), making it the largest HTTPS-based distributed denial-of-service (DDoS) attack the...
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Angry tweeters ditch Musk for Mastodon

An obscure open-source social media outlet is enjoying another popularity surge, as users concerned by Elon Musk’s Twitter takeover desert the high-profile platform, a report by Engadget says.
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Deutsche Windtechnik hit with a cyberattack, a third on Germany's wind energy sector

The German company is a third wind turbine operator hit by hackers in less than two months. The cyberattack forced...
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DeFi on the ropes as digital thefts double

With a record $1.26 billion in cryptocurrency stolen from decentralized finance (DeFi) protocols in the first three months alone, this year could be a make-or-break one for the digital coins, according to fresh research by TradingPedia.
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Down but not out: Russian crooks rally to new strongholds

Cybercriminals affiliated with the pariah superstate are setting up shop on other platforms after the recent shutdown of major illicit trading forums used by threat actors, analysis by Digital Shadows confirms.
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Worries over human rights surge as Musk plans to take Twitter private

Human rights activists worry that the possible privatization of the social media giant could reduce its transparency and accountability.
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REvil: back at the Kremlin’s behest?

The ransomware group busted in January by Russian authorities acting on a US tip-off may have resurfaced, as a result of heightened tensions between Moscow and Washington in the wake of the Ukraine invasion.
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North Korean hackers are after the blockchain and crypto sectors, the US government warns

The US government released an advisory to warn the public about the elevated risk of state-sponsored cyberattacks on the blockchain...
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Netflix could charge users for password sharing amid a wave of unsubscriptions

The streaming giant experienced a subscriber loss for the first time in a decade, with over 200,000 viewers canceling their...
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Top company bosses are being headhunted – by threat actors

Nearly every large company executive has their details held by data brokers online, rendering their businesses vulnerable to attack by cybercriminals, research from Blackcloak suggests.
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British retailer Funky Pigeon suspends digital orders following a “cyber incident”

The WH Smith-owned online greetings card and gift company Funky Pigeon suffered from a cyberattack, halting all new orders. The...
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China cyber spies fewer but more focused, says study

The number of Chinese espionage groups appears to have declined in recent years, but several dozen remain active in what appears to be an orchestrated campaign focusing on the US and other key targets, says a report by Mandiant.
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