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Archive for the ‘cybercrime/malcode’ category: Page 2

Sep 3, 2024

RansomHub Ransomware Group Targets 210 Victims Across Critical Sectors

Posted by in categories: cybercrime/malcode, government

US government warns of rising attacks on infrastructure using advanced tactics.

Sep 1, 2024

NIST publishes first set of ‘finalized’ post-quantum encryption standards

Posted by in categories: cybercrime/malcode, encryption, information science, policy, quantum physics

The three final algorithms, which have now been released, are ML-KEM, previously known as kyber; ML-DSA (formerly Dilithium); and SLH-DSA (SPHINCS+). NIST says it will release a draft standard for FALCON later this year. “These finalized standards include instructions for incorporating them into products and encryption systems,” says NIST mathematician Dustin Moody, who heads the PQC standardization project. “We encourage system administrators to start integrating them into their systems immediately.”

Duncan Jones, head of cybersecurity at the firm Quantinuum welcomes the development. “[It] represents a crucial first step towards protecting all our data against the threat of a future quantum computer that could decrypt traditionally secure communications,” he says. “On all fronts – from technology to global policy – advancements are causing experts to predict a faster timeline to reaching fault-tolerant quantum computers. The standardization of NIST’s algorithms is a critical milestone in that timeline.”

Aug 27, 2024

New Android Malware NGate Steals NFC Data to Clone Contactless Payment Cards

Posted by in categories: cybercrime/malcode, robotics/AI

Discover how NGate, a new Android malware, steals contactless payment data using NFC relay attacks. Learn about the latest cybersecurity threat target.

Aug 25, 2024

Telegram Founder Pavel Durov Arrested in France for Content Moderation Failures

Posted by in category: cybercrime/malcode

Telegram CEO Pavel Durov arrested in France over content moderation issues. Platform faces scrutiny for alleged facilitation of cybercrime and illegal.

Aug 25, 2024

New Qilin Ransomware Attack Uses VPN Credentials, Steals Chrome Data

Posted by in category: cybercrime/malcode

Qilin ransomware attackers now steal Chrome credentials, marking a dangerous new trend in cybercrime. Learn about this evolving threat and its implica.

Aug 25, 2024

New Linux Malware ‘sedexp’ Hides Credit Card Skimmers Using Udev Rules

Posted by in category: cybercrime/malcode

Discover ‘sedexp’, a stealthy Linux malware using udev rules for persistence, hiding credit card skimmers, and evading detection since 2022.

Aug 24, 2024

Halliburton shuts down systems after cyberattack

Posted by in category: cybercrime/malcode

A company spokesperson for the oil drilling and fracking giant declined to name the executive overseeing cybersecurity, if any.

Aug 20, 2024

Microchip Technology discloses cyberattack impacting operations

Posted by in category: cybercrime/malcode

American chipmaker Microchip Technology Incorporated has disclosed that a cyberattack impacted its systems over the weekend, disrupting operations across multiple manufacturing facilities.

Headquartered in Chandler, Arizona, the company has roughly 123,000 customers across multiple industry sectors, including industrial, automotive, consumer, aerospace and defense, communications, and computing markets.

Due to an incident, some Microchip Technology manufacturing facilities operate at reduced capacity, affecting the company’s ability to meet orders. Microchip Technology also had to take steps to manage the situation, such as shutting down some systems and isolating the affected ones following the breach.

Aug 20, 2024

Ransomware rakes in record-breaking $450 million in first half of 2024

Posted by in categories: cybercrime/malcode, law enforcement

Ransomware victims have paid $459,800,000 to cybercriminals in the first half of 2024, setting the stage for a new record this year if ransom payments continue at this level.

Last year, ransomware payments reached a record $1.1 billion, which Chainalysis previously predicted from stats gathered in the first half of the year when ransomware activity grossed $449,100,000.

We now stand at approximately 2% higher than 2023’s record-breaking trajectory from the same period despite significant law enforcement operations that disrupted large ransomware-as-a-service operations, such as LockBit.

Aug 19, 2024

Scientists harness quantum microprocessor chips for advanced molecular spectroscopy simulation

Posted by in categories: cybercrime/malcode, finance, quantum physics, robotics/AI

Quantum simulation enables scientists to simulate and study complex systems that are challenging or even impossible using classical computers across various fields, including financial modeling, cybersecurity, pharmaceutical discoveries, AI and machine learning. For instance, exploring molecular vibronic spectra is critical in understanding the molecular properties in molecular design and analysis.

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