Sun.Nov 13, 2022

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Where Next for Blockchain Technology After FTX Collapse?

Lohrman on Security

The bankruptcy filing by crypto giant FTX, along with the dramatic drop in the value of most cryptocurrencies in 2022, has raised new questions regarding the future of blockchain technology.

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GUEST ESSAY: How humans and machines can be melded to thwart email-borne targeted attacks

The Last Watchdog

Phishing emails continue to plague organizations and their users. Related: Botnets accelerate business-logic hacking. No matter how many staff training sessions and security tools IT throws at the phishing problem, a certain percentage of users continues to click on their malicious links and attachments or approve their bogus payment requests. A case in point: With business losses totaling a staggering $2.4 billion, Business Email Compromise ( BEC ), was the most financially damaging Internet cr

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No more ransom payment in ransomware spread say Australia

CyberSecurity Insiders

Australian government has imposed a ban on ransom payments in cyber attack incidents as it fears that such payments can encourage crime affecting millions of populaces at a time. Already, from the past two months, the IT infrastructure owned by the government agencies such as telecom and insurance are being constantly targeted by state funded hackers.

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Ukraine Police dismantled a transnational fraud group that made €200 million per year

Security Affairs

Ukraine’s Cyber ??Police and Europol arrested 5 Ukrainian citizens who are members of a large-scale transnational fraud group. Ukraine’s cyber police and Europol arrested five members of a transnational fraud group that caused more than 200 million losses per year. The arrests are the results of a joint operation conducted with the support of law enforcement officers in Albania, Finland, Georgia, Germany, Latvia and Spain.

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How to Avoid Pitfalls In Automation: Keep Humans In the Loop

Speaker: Erroll Amacker

Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.

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7 Steps to Identifying and Fighting Cyber Crime for your Business

Appknox

Cybersecurity is at the forefront as technology sees increasing adoption across multiple industry verticals. Organizations must prevent and fight cyber crime, but it can take over 200 days to detect a breach for many.

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Lockbit gang leaked data stolen from global high-tech giant Thales

Security Affairs

The Lockbit 3.0 ransomware gang started leaking the information allegedly stolen from the global high-tech company Thales. Thales is a global high-tech leader with more than 81,000 employees worldwide. The Group invests in digital and deep tech innovations – big data, artificial intelligence, connectivity, cybersecurity and quantum – to build a future of trust, essential to the development of our societies, by placing people at the heart of decision-making.

LifeWorks

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GUEST ESSAY: How humans and machines can be melded to thwart email-borne targeted attacks

Security Boulevard

Phishing emails continue to plague organizations and their users. Related: Botnets accelerate business-logic hacking. No matter how many staff training sessions and security tools IT throws at the phishing problem, a certain percentage of users continues to click on their … (more…). The post GUEST ESSAY: How humans and machines can be melded to thwart email-borne targeted attacks appeared first on Security Boulevard.

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New KmsdBot Malware Hijacking Systems for Mining Crypto and Launch DDoS Attacks

The Hacker News

A newly discovered evasive malware leverages the Secure Shell (SSH) cryptographic protocol to gain entry into targeted systems with the goal of mining cryptocurrency and carrying out distributed denial-of-service (DDoS) attacks.

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Video Verification

Security Boulevard

What is Video Verification? Today’s corporations are more digitized than ever before. Banks, financial institutions, and other corporations rely on remote video verification for client authentication, compliance screening and digital onboarding. It enables onboarding your customers more conveniently and helps secure the platform. With online fraud on the rise globally, businesses are highly targeted usually […].

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Worok Hackers Abuse Dropbox API to Exfiltrate Data via Backdoor Hidden in Images

The Hacker News

A recently discovered cyber espionage group dubbed Worok has been found hiding malware in seemingly innocuous image files, corroborating a crucial link in the threat actor's infection chain. Czech cybersecurity firm Avast said the purpose of the PNG files is to conceal a payload that's used to facilitate information theft.

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Why Giant Content Libraries Do Nothing for Your Employees’ Cyber Resilience

Many cybersecurity awareness platforms offer massive content libraries, yet they fail to enhance employees’ cyber resilience. Without structured, engaging, and personalized training, employees struggle to retain and apply key cybersecurity principles. Phished.io explains why organizations should focus on interactive, scenario-based learning rather than overwhelming employees with excessive content.

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Increasingly visible nation-state actor footprint forces APT groups to increase stealth

Security Boulevard

2022 is turning out to be the year of nation-state actors. With attacks on wind turbine operations and public transit services in the Netherlands, utility firms in India, retail businesses in Taiwan, and stock markets in the US being traced to APT groups, this year has logged more APT activity than ever before. With the […]. The post Increasingly visible nation-state actor footprint forces APT groups to increase stealth appeared first on Security Boulevard.

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Ukraine says Russian hacktivists use new Somnia ransomware

Bleeping Computer

Russian hacktivists have infected multiple organizations in Ukraine with a new ransomware strain called 'Somnia,' encrypting their systems and causing operational problems. [.].

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Twitter faces massive amounts of disinformation spread threat

CyberSecurity Insiders

From Friday last week, contractors who battled disinformation spread were fired from their jobs and after getting confirmation from the senior management, nearly 89% of staff left the microblogging service office company on a permanent note. Thus, in the past few hours, misinformation spread is taking place on high, as most of the content monitoring staff were asked either to take leave or sacked on the permanent note.

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An Elevator Ride with Mission Secure

Security Boulevard

Every company has an elevator pitch. But what if your building doesn't have an elevator? What if you work from home? We don't want you to miss out on our elevator pitch, especially now that we've launched our new Sentinel 5.0 platform. And so, we've put our pitch in writing. If you were on an elevator ride with us (maybe a long ride to a high floor), this is what we'd have to say.

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Zero Trust Mandate: The Realities, Requirements and Roadmap

The DHS compliance audit clock is ticking on Zero Trust. Government agencies can no longer ignore or delay their Zero Trust initiatives. During this virtual panel discussion—featuring Kelly Fuller Gordon, Founder and CEO of RisX, Chris Wild, Zero Trust subject matter expert at Zermount, Inc., and Principal of Cybersecurity Practice at Eliassen Group, Trey Gannon—you’ll gain a detailed understanding of the Federal Zero Trust mandate, its requirements, milestones, and deadlines.

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How to Break Into a Cybersecurity Career – Digital Forensics and Incident Response (DFIR)

Security Boulevard

Matt Scheurer, host of the ThreatReel Podcast and Assistant Vice President of Computer Security and Incident Response in a large enterprise environment, joins us to discuss starting a career in digital forensics and incident response (DFIR). Matt discusses how he got started, his advice to anyone that wants to pursue a career in DFIR, and […]. The post How to Break Into a Cybersecurity Career – Digital Forensics and Incident Response (DFIR) appeared first on The Shared Security Show.

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Where Next for Blockchain Technology After FTX Collapse?

Security Boulevard

The bankruptcy filing by crypto giant FTX, along with the dramatic drop in the value of most cryptocurrencies in 2022, has raised new questions regarding the future of blockchain technology. . The post Where Next for Blockchain Technology After FTX Collapse? appeared first on Security Boulevard.

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BSidesKC 2022 – Megan Roddie’s ‘Mental Health Matters – You Are Not Alone’

Security Boulevard

Our sincere thanks to BSidesKC 2022 for publishing their outstanding conference videos on the organization's YouTube channel. Permalink. The post BSidesKC 2022 – Megan Roddie’s ‘Mental Health Matters – You Are Not Alone’ appeared first on Security Boulevard.