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Ransomware Attacks on the Rise, Putting Organizations at Risk The year 2023 has seen a surge in ransomware attacks, with attackers escalating their efforts to cause widespread damage before defenders can even detect an infection. In July, the number of compromises posted to leak sites increased by more than 150% compared to the same month…
FBI Tracks Stolen Cryptocurrency by DPRK’s Lazarus Group The Federal Bureau of Investigation (FBI) has recently uncovered evidence that the Democratic People’s Republic of Korea (DPRK)’s affiliated cybercrime group, Lazarus Group or APT38, has stolen hundreds of millions of dollars in cryptocurrency. The FBI has also discovered that the group is currently holding 1,580 bitcoins,…
Newly Discovered WinRAR Bug Exploited by Threat Actor Targeting Cryptocurrency Traders Introduction A threat actor possibly connected to Russia’s financially motivated Evilnum group has been discovered targeting users in online cryptocurrency trading forums through a recently patched bug in the popular WinRAR file compression and archiving utility. The attackers exploited a bug, known as CVE-2023-38831,…
Using WinRAR? Be sure to patch against these code execution bugs… August 23, 2023 In recent news, it has been discovered that WinRAR, the popular file compression and decompression software, is plagued by two security vulnerabilities that could potentially lead to code execution. These vulnerabilities, identified as CVE-2023-40477 and an unnamed bug, have the potential…
WinRAR Code Execution Bugs: A Serious Threat to Internet Security WinRAR, the popular file compression program, has recently been plagued by two critical vulnerabilities that expose users to potential code execution attacks. These bugs, CVE-2023-40477 and the unnamed security flaw, pose significant risks to WinRAR users and highlight the importance of staying up-to-date with software…
The Power and Perils of Cybersecurity Introduction In an increasingly interconnected world, the importance of cybersecurity cannot be overstated. The rapid advancement of technology has opened up new possibilities for innovation and communication, but it has also exposed us to unforeseen vulnerabilities and threats. As we navigate the digital landscape, it is essential to be…
Funding/M&A: Thoma Bravo Merges ForgeRock with Ping Identity Private equity firm Thoma Bravo has announced its plans to merge ForgeRock with Ping Identity, two major players in the enterprise identity and access management (IAM) market. This move comes as Thoma Bravo officially closed its $2.3 billion all-cash deal to acquire ForgeRock, adding it to its…
## Ransomware Attacks on the Rise: A Alarming Increase in Cybersecurity Threats In recent weeks, multiple cybersecurity companies have released reports indicating a significant surge in ransomware attacks. These reports highlight an alarming increase in both the volume and sophistication of these attacks, which continue to be highly profitable for cybercriminals. The findings and trends…
ICS/OT Smart Cities: Utopian Dream, Security Nightmare, or Political Gimmick? As smart cities evolve with more and more integrated connected services, cybersecurity concerns will increase dramatically. The concept of a smart city is complex and still evolving, with no clear definition of what constitutes a smart city. The term “connected places” has been suggested as…
Cybercrime: FBI Finds 1,580 Bitcoin in Crypto Wallets Linked to North Korean Hackers Introduction The Federal Bureau of Investigation (FBI) has recently revealed information about six cryptocurrency wallets allegedly operated by North Korean hackers. These wallets are believed to contain approximately 1,580 Bitcoin that were likely stolen in various cyber heists. The FBI has flagged…