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Category: cybercrime/malcode – Page 78

DIY Picosatellites Hack Chat

Join us on Wednesday, June 21 at noon Pacific for the DIY Picosatellites Hack Chat with Nathaniel Evry!

Building a satellite and putting it in orbit was until very recently something only a nation had the resources to accomplish, and even then only a select few. Oh sure, there were a few amateur satellites that somehow managed to get built on a shoestring budget and hitch a ride into space, and while their stories are deservedly the stuff of legends, satellite construction took a very long time to be democratized.

Fast forward a half-dozen or so decades, and things have changed dramatically. Satellite launches are still complex affairs — it’s still rocket science, after all — but the advent of the CubeSat format and the increased tempo of launches, both national and commercial, has pushed the barriers to private, low-budget launches way, way down. So much so, in fact, that the phrase “space startup” is no longer something to snicker about.

Starlink is One Among Many LEO Constellations Affected by Satellite Signal Jamming

After Russian hackers destroyed Viasat satellite ground receivers spanning Europe, SpaceX provided coverage via Starlink, its Lower Earth Orbit satellite constellation, and soon began noticing cyberattacks and software interferences. Now, a year later, the U.S. Department of Defense announced Russia is still attempting to complicate connections within the satellite constellation and others like it.

Documents were leaked by U.S. National Guard airman Ryan Teixeira, as reported by The Washington Post back in April of 2023. Ukraine has also stated it is experiencing similar security issues.

“Russia’s quest to sabotage Ukrainian forces’ internet access by targeting the Starlink satellite operations that billionaire Elon Musk has provided to Kyiv since the war’s earliest days appear to be more advanced than previously known, according to a classified U.S. intelligence report.”

Cybersecurity in the Era of Generative AI

There’s no shortage of emerging applications and projects that promise increased productivity, new levels of automation, and cutting-edge innovation. But all too often, AI initiatives within the enterprise fail to get off the ground, and there can be vast and costly unintended consequences when this technology is applied to the wrong use cases or falls into the wrong hands.

In the case of cyber defense, widespread accessibility to generative AI tools, as well as the increasing sophistication of nation-state actors, means that threats are more personalized and convincing than ever. In an era of algorithms fighting algorithms, human defenders must effectively team up with AI to build cyber resiliency and prevent business disruption.

Presented by expert stakeholders from industry, academia, and government, this event is designed to offer practical guidance for security teams to cut through the noise and unleash the power of AI responsibly and effectively.

Hacking group targets file transfer tool, leading to major data breaches, government warns

A hacking group believed to be behind a cybercrime spree in 2021 is once again involved in an active hacking campaign targeting a file transfer tool that could lead to a wave of data breaches, according to US cybersecurity officials.

The hacking group, named “CL0P,” is targeting a file transfer tool called MOVEit that belongs to Progress Software Corp., according to a joint advisory by the Cybersecurity and Infrastructure Security Agency and FBI on June 7.

Officials say CL0P has been attempting to steal data belonging to MOVEit clients since at least May 27. A confirmed victim includes Zellis, a UK-based payroll services provider whose clients include British Airways and the BBC, reports Law360.

Leveraging cyber security for Artificial Intelligence

In the digital age, SaaS businesses have started embracing transformative technologies, such as Artificial intelligence (AI) and cloud computing. According to a research firm, the market for artificial intelligence (AI) is nearly 100 billion USD, which is expected to grow twentyfold by 2030, up to almost 2 trillion USD.

Although AI promises revolutionary advancements and cloud computing enables efficient storage and processing of massive amounts of data, their rapid adoption also raises concerns about cybersecurity. In 2021, the global cost of cybercrime was estimated to be $6 trillion.

Implementing IoT Tech? 15 Challenges To Be Ready For

Internet of Things technology is expanding quickly across industries. The growth is unsurprising—after all, the data derived can drive improvements in productivity and customer service, speed up innovation, lead to cost savings by powering predictive maintenance, and more. Businesses can implement IoT technology to monitor their internal systems, manage their equipment or enhance the consumer products they sell.

However, whether a business develops and manages its own products and systems or purchases equipment and service from a vendor, it must be aware of the challenges that can come with IoT tech, which include addressing the increased cybersecurity risk, managing a potentially massive influx of data and more. Below, 15 members of Forbes Technology Council share some of the challenges they foresee for businesses implementing IoT technologies in the next few years and how those issues can be overcome.

24 Cyberattacks In 24 Hours

This post is also available in: he עברית (Hebrew)

A notorious ransom gang has gone on a cyberattacking spree.

A notorious LockBit Russia-linked ransomware gang has been enjoying a spree of cybercrime attacks, claiming 24 victims in a span of 24 hours. They are the most bountiful ransomware gang on the cybercrime scene, with the DarkFeed monitoring website tracking its total haul of victims at close to 1,800 at the time of writing.