800 online financial frauds a day – ET CISO https://etimg.etb2bimg.com/thumb/msid-111247257,imgsize-34144,width-1200,height=765,overlay-etciso/cybercrime-fraud/800-online-financial-frauds-a-day.jpg Nearly 800 digital payment fraud cases are reported every day in India, nearly 10 times more than what RBI’s annual report showed. This is because the central bank’s took into account cases above Rs 1 lakh only. According to the report, 29,082 card & digital payment fraud cases worth Rs ...
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Transforming IT infrastructure with next-gen technologies: Roadmap for CIOs
Transforming IT infrastructure with next-gen technologies: Roadmap for CIOs Being at the forefront of the technology transition, the role of the CIO assumes the significance of a strategic dimension with far-reaching consequences for organizations’ growth and profitability.
Read More »ExCobalt Cyber Gang Targets Russian Sectors with New GoRed Backdoor
ExCobalt Cyber Gang Targets Russian Sectors with New GoRed Backdoor https://firewall.firm.in/wp-content/uploads/2024/06/russia.png Jun 22, 2024NewsroomCyber Espionage / Threat Intelligence Russian organizations have been targeted by a cybercrime gang called ExCobalt using a previously unknown Golang-based backdoor known as GoRed. “ExCobalt focuses on cyber espionage and includes several members active since at least 2016 and presumably once part of the notorious Cobalt ...
Read More »Japan’s space agency suffer multiple cyberattacks – ET CISO
Japan’s space agency suffer multiple cyberattacks – ET CISO https://etimg.etb2bimg.com/thumb/msid-111182373,imgsize-36900,width-1200,height=765,overlay-etciso/cybercrime-fraud/japans-space-agency-suffer-multiple-cyberattacks.jpg Japan Aerospace Exploration Agency, or JAXA, which is Japan’s space agency suffered a series of cyberattacks since last year. However, sensitive information related to rockets and satellites was not breached, even as Tokyo continues to probe and take preventive steps. Chief Cabinet Secretary Yoshimasa Hayashi acknowledged that the JAXA has ...
Read More »Facial recognition startup Clearview AI settles privacy suit, IT Security News, ET CISO
Facial recognition startup Clearview AI settles privacy suit, IT Security News, ET CISO Facial recognition startup Clearview AI reached a settlement Friday in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million. But the unique agreement gives plaintiffs in the federal suit ...
Read More »New Rust-based Fickle Malware Uses PowerShell for UAC Bypass and Data Exfiltration
New Rust-based Fickle Malware Uses PowerShell for UAC Bypass and Data Exfiltration https://firewall.firm.in/wp-content/uploads/2024/06/malware.png Jun 20, 2024NewsroomThreat Intelligence / Cybercrime A new Rust-based information stealer malware called Fickle Stealer has been observed being delivered via multiple attack chains with the goal of harvesting sensitive information from compromised hosts. Fortinet FortiGuard Labs said it’s aware of four different distribution methods — namely ...
Read More »AMD employee credentials, company roadmap up on Dark Web – ET CISO
AMD employee credentials, company roadmap up on Dark Web – ET CISO https://etimg.etb2bimg.com/thumb/msid-111127547,imgsize-54337,width-1200,height=765,overlay-etciso/ot-security/amd-employee-credentials-company-roadmap-up-on-dark-web.jpg Hacking group IntelBroker claims that it has breached AMD website. According to unconfirmed reports, the cybercriminal organization has posted confidential information on future AMD products and employee details on a data selling forum. Details of alleged AMD website hacking The threat actor also shared screenshots of some ...
Read More »Business owners increasingly worry about payment fraud, survey finds, ET CISO
Business owners increasingly worry about payment fraud, survey finds, ET CISO Small businesses are increasingly concerned about payment fraud. That’s according to a small business survey from regional bank KeyBank. Nearly 2,000 small-to-medium size business with annual revenue of less than $10 million were surveyed. The top concern among survey participants was payment fraud of various types. Forty-four percent were ...
Read More »Cybercrooks use AI, launch bot-based attacks – ET CISO
Cybercrooks use AI, launch bot-based attacks – ET CISO https://etimg.etb2bimg.com/thumb/msid-111049538,imgsize-561945,width-1200,height=765,overlay-etciso/cybercrime-fraud/cybercrooks-use-ai-launch-bot-based-attacks.jpg A Pune-based real estate firm was recently duped out of ₹4 crore when cybercriminals, masquerading as its chairman, tricked an accounts officer into transferring company funds into fraudulent bank accounts. At the local unit of a multinational company, the finance controller fell prey to a similar scam running into crores ...
Read More »Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw
Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw https://firewall.firm.in/wp-content/uploads/2024/06/crypto.png Jun 19, 2024NewsroomCybercrime / Crypto Security Crypto exchange Kraken revealed that an unnamed security researcher exploited an “extremely critical” zero-day flaw in its platform to steal $3 million in digital assets and refused to return them. Details of the incident were shared by Kraken’s Chief Security Officer, Nick ...
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