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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Career Choice Tip: Cybercrime is Mostly Boring

Krebs on Security

But new research suggests that as cybercrime has become dominated by pay-for-service offerings, the vast majority of day-to-day activity needed to support these enterprises is in fact mind-numbingly boring and tedious, and that highlighting this reality may be a far more effective way combat cybercrime and steer offenders toward a better path.

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Social engineering, deception becomes increasingly sophisticated

Security Affairs

Social engineering techniques are becoming increasingly sophisticated and are exploiting multiple emerging means, such as deep fakes. Deepfake technology, what’s it? The human factor must always be considered as the first bastion of defense, even and especially against the most sophisticated cyber attacks.

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UN Cybercrime Treaty Could Endanger Web Security

Google Security

Royal Hansen, Vice President of Privacy, Safety and Security Engineering This week, the United Nations convened member states to continue its years-long negotiations on the UN Cybercrime Treaty, titled “ Countering the Use of Information and Communications Technologies for Criminal Purposes.”

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FUD Malware obfuscation engine BatCloak continues to evolve

Security Affairs

Researchers detailed a fully undetectable (FUD) malware obfuscation engine named BatCloak that is used by threat actors. Researchers from Trend Micro have analyzed the BatCloak, a fully undetectable (FUD) malware obfuscation engine used by threat actors to stealthily deliver their malware since September 2022. and FileObfuscation.cs.

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Research Examines WormGPT, an AI Cybercrime Tool Used in BEC Attacks

SecureWorld News

These research findings have widespread implications for the security community in understanding how threat actors are not only manipulating generative AI platforms for malicious purposes but also creating entirely new platforms based on the same technology, specifically designed to do their ill-bidding.

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Emerging Technologies, Evolving Threats: Strategies for Future-Proofing Data Security

Security Boulevard

The post Emerging Technologies, Evolving Threats: Strategies for Future-Proofing Data Security appeared first on Security Boulevard. With AI's ability to learn from data and continuously refine its tactics, cybercriminals can create more sophisticated, elusive and difficult-to-detect malware.