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Can confidential computing stop the next crypto heist?

7 Listopad, 2022 - 14:30
Tech giants and startups hype next big thing in security

Amid the theft of billions of dollars in cryptocurrency over recent months, confidential computing may have a role in protecting people's money in future.…

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Japan officially joins NATO's cyber defense center

7 Listopad, 2022 - 12:32
Already red-teaming and blue teaming in the international Locked Shields contest every year

Japan’s Ministry of Defence (JMOD) announced on Friday that it has formally joined NATO’s Cooperative Cyber Defense Centre of Excellence (CCDCOE).…

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China is likely stockpiling and deploying vulnerabilities, says Microsoft

7 Listopad, 2022 - 08:56
Increase in espionage and cyberattacks since law requiring vulnerabilities first be reported to Beijing

Microsoft has asserted that China's offensive cyber capabilities have improved, thanks to a law that has allowed Beijing to create an arsenal of unreported software vulnerabilities.…

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Red Cross seeks digital equivalent of its emblems to mark some tech as off-limits in war

7 Listopad, 2022 - 07:01
Suggests tweaks to IP semantics as one way to identify protected tech and traffic

The International Committee of the Red Cross (ICRC) wants to devise a digital equivalent of its emblems (the red cross and red crescent), to signify that certain digital resources are protected and must not be targeted during cyberwarfare.…

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Breached health insurer won't pay ransom to protect customers, warns of more attacks

7 Listopad, 2022 - 02:45
Australia's Medibank uses a government-approved Band-Aid to cover a gaping 10-milion-record wound

Australian health insurer Medibank – which spent October discovering a security incident was worse than it first thought – has announced it will not pay a ransom to attackers that made off with personal info describing nearly ten million customers.…

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SolarWinds reaches $26m settlement with shareholders, expects SEC action

4 Listopad, 2022 - 22:59
One 8-K filing, two bombshells

SolarWinds has agreed to pay $26 million to settle a shareholder lawsuit, and it's also expecting to be slapped with an enforcement action by Uncle Sam – both related to its infamous 2020 supply chain security fiasco, according to the software maker's most recent US regulatory filing.…

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Double-check demand payment emails from law firms: Convincing fakes surface

4 Listopad, 2022 - 19:30
Crimson Kingsnake impersonates legit attorneys, fakes email threads from your colleagues in far-reaching BEC campaign

A new threat group called Crimson Kingsnake is impersonating real law companies and debt recovery services to intimidate businessess into paying bogus overdue invoices.…

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Reducing the risk of cloud attack

4 Listopad, 2022 - 13:28
Exploring the top five cloud threats and how to make them evaporate

Webinar  The Charles Dickens novel "A Tale of Two Cities" famously begins with the line 'It was the best of times, it was the worst of times.' It's a quotation which could easily be applied to the rapid growth of cloud application and service provision, and the accompanying threats to cyber security which have expanded in parallel.…

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French-speaking voleurs stole $30m in 15-country bank, telecoms cyber-heist spree

4 Listopad, 2022 - 07:22
Smooth 'OPERA1ER' hit orgs around the world over four or more years

A French-speaking criminal group codenamed OPERA1ER has pulled off more than 30 cyber-heists against telecom organizations and banks across Africa, Asia, and Latin America, stealing upwards of $30 million over four years, according to security researchers.…

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Multi-factor auth fatigue is real – and it's why you may be in the headlines next

3 Listopad, 2022 - 21:45
Overwhelmed by waves of push notifications, worn-down users inadvertently let the bad guys in

Analysis  The September cyberattack on ride-hailing service Uber began when a criminal bought the stolen credentials of a company contractor on the dark web.…

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International summit agrees crack down on crypto to combat ransomware

3 Listopad, 2022 - 17:45
Commitments include international wallet info sharing, KYC requirements, and an AML crackdown

The White House's second International Counter Ransomware Initiative summit has concluded, and this year the 36-nation group has made clear it intends to crack down on how cryptocurrencies are used to finance ransomware operations.…

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Royal Mail customer data leak shutters online Click and Drop

3 Listopad, 2022 - 09:29
Customers complain of exposed order info, multiple charges — but still no postage

A technical SNAFU shut down the UK's Royal Mail Click and Drop website on Tuesday after a security "issue" allowed some customers to see others' order information. …

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US Treasury thwarts DDoS attack from Russian Killnet group

2 Listopad, 2022 - 21:45
Yet another pathetic 'stunt' from pro-Kremlin criminals

The US Treasury Department has thwarted a distributed denial of service (DDoS) attack that officials attributed to Russian hacktivist group Killnet.…

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Ransomware cost US banks $1.2 billion last year

2 Listopad, 2022 - 17:30
Up 188% on 2020 but could be because financial institutions were encouraged to report incidents

Banks in the US paid out nearly $1.2 billion in 2021 as a result of ransomware attacks, a marked rise over the year before though it may simply be due to more financial institutions being asked to report incidents.…

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Former Apple worker pleads guilty to $17m mail and wire fraud charges

2 Listopad, 2022 - 14:00
Nefarious schemes included harvesting motherboard components and selling them back to Apple

A one-time Apple employee working as a buyer within the iGiant's supply chain department has pleaded guilty to mail and wire fraud charges spanning multiple years, ultimately costing the company $17 million.…

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Ritz cracker giant settles bust-up with insurer over $100m+ NotPetya cleanup

2 Listopad, 2022 - 08:29
Deal could 'upend the entire cyber-insurance ecosystem and make it almost impossible to get meaningful cyber coverage'

Mondelez International has settled its lawsuit against Zurich American Insurance Company, which it brought because the insurer refused to cover the snack giant's $100-million-plus cleanup bill following the 2017 NotPetya outbreak.…

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Dropbox admits 130 of its private GitHub repos were copied after phishing attack

2 Listopad, 2022 - 00:52
Personal info and data safe, stolen code not critical, apparently

Dropbox has said it was successfully phished, resulting in someone copying 130 of its private GitHub code repositories and swiping some of its secret API credentials.…

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OpenSSL downgrades horror bug after week of panic, hype

1 Listopad, 2022 - 22:39
Relax, there's more chance of Babbage coming back to life to hack your system than this flaw being exploited

OpenSSL today issued a fix for a critical-turned-high-severity vulnerability that project maintainers warned about last week. …

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Government by Gmail catches up with UK minister... who is reappointed anyway

1 Listopad, 2022 - 15:30
Home Secretary 'nominally in charge' of nation's security apologizes for breach of tech protocols

The UK's Home Secretary – the minister in charge of policing and internal security – has been forced to apologize for breaching IT security protocols in government.…

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Kioxia warns of potential cost of US chip policy over China

1 Listopad, 2022 - 11:30
Nice NAND industry you have there, would be a shame if something happened to it

Attempts to reorganize supply chains to cut out China and foil its attempts to build a high-tech chip industry will be costly and may simply cause the Middle Kingdom to redouble its efforts, says memory maker Kioxia.…

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