AI
AI's Role in Easing Access to Cybercrime Operations
Recent reports indicate that AI technology is enabling individuals with minimal technical expertise to engage in cybercrimes, particularly in crafting ransomware.
Security
UK National Charged in Major Cyber Extortion Case Linked to Scattered Spider
A UK national has been arrested and charged by both US and British authorities for alleged involvement in a cyber extortion scheme that generated over $115 million in ransomware payments.
Security
15 Ransomware Gangs Announce Retirement, Claiming Fulfillment of Goals
A collective of ransomware gangs, including Scattered Spider and Lapsus$, declares they will retire, claiming to have achieved their goals and now wish to enjoy their wealth in silence.
News
'Microsoft is akin to an arsonist profiting from selling firefighting services,' asserts US senator directing FTC to probe cybersecurity gaps, while Microsoft insists it has solutions
US Senator Ron Wyden brings attention to potential cybersecurity negligence at Microsoft, believing its outdated encryption practices are vulnerable to ransomware attacks.
Gaming Industry
US DoJ Offers $11 Million Reward for Ransomware Kingpin Tied to $18 Billion Theft
The U.S. Department of Justice has posted an $11 million reward for Volodymyr Tymoshchuk, accused of orchestrating ransomware attacks that led to the theft of $18 billion from over 250 companies.
AI
First AI-Powered Ransomware Emerges, Raises Concerns About Data Security
A new AI-powered ransomware called PromptLock has been discovered, raising alarms about its potential to exfiltrate, encrypt, or destroy data.
Hardware
German Phone Repair Firm Declares Bankruptcy After Ransomware Attack Despite High Revenue
A major German phone repair and insurance company faced a financial catastrophe after paying a ransom to hackers, leading to bankruptcy despite its significant revenue.
Hardware
Weak Password Ends a 158-Year-Old Business Amidst Cyberattack
A cyberattack on a long-established transportation company highlights the critical impact of password security. The attack has resulted in significant job losses as the company closes down.
Hardware
Ransomware Now Potentially Operating Directly from CPUs
New developments reveal that ransomware can manipulate the microcode in CPUs, raising alarms about unprecedented security threats.
Hardware
Single RTX 4090 Cracks Akira Ransomware in Just One Week
A remarkable achievement by a single RTX 4090 GPU in decrypting Akira ransomware within seven days sheds light on the potential of high-end graphics cards in cybersecurity efforts.
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