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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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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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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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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The Importance of User Roles and Permissions in Cybersecurity Software

How many people would you trust with your house keys? Chances are, you have a handful of trusted friends and family members who have an emergency copy, but you definitely wouldn’t hand those out too freely. You have stuff that’s worth protecting—and the more people that have access to your belongings, the higher the odds that something will go missing.

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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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More Trending

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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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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.

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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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IDC Analyst Report: The Open Source Blind Spot Putting Businesses at Risk

In a recent study, IDC found that 64% of organizations said they were already using open source in software development with a further 25% planning to in the next year. Most organizations are unaware of just how much open-source code is used and underestimate their dependency on it. As enterprises grow the use of open-source software, they face a new challenge: understanding the scope of open-source software that's being used throughout the organization and the corresponding exposure.

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The Hunt for the FTX Thieves Has Begun

WIRED Threat Level

Mysterious crooks took hundreds of millions of dollars from FTX just as it collapsed. Crypto-tracing blockchain analysis may provide an answer.

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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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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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Cybersecurity Predictions for 2024

Within the past few years, ransomware attacks have turned to critical infrastructure, healthcare, and government entities. Attackers have taken advantage of the rapid shift to remote work and new technologies. Add to that hacktivism due to global conflicts and U.S. elections, and an increased focus on AI, and you have the perfect recipe for a knotty and turbulent 2024.

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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.