Cybersecurity is a major concern for businesses around the globe, with the projected cost of cybercrime in 2023 set to reach $8 Trillion. As a result, organizations are investing more and more on cybersecurity each year, with global spending on security and risk management expected to increase by 11% in 2023 to $188 Billion. Despite this, cyber attacks have become increasingly common and more severe. This...
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Security researchers have uncovered a cyber-attack campaign by the North Korean Lazarus Group targeting medical research, energy, and other organizations in an effort to gain intelligence information. The incident began at the end of August when attackers exploited unknown vulnerabilities in an unpatched Zimbra mail server, leading to the exfiltration of many gigabytes of data. In the following weeks, the attackers moved laterally across the network...
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Cybercriminals are continuing to prey on users searching for cracked software by directing them to fraudulent websites hosting weaponized installers that deploy malware called NullMixer on compromised systems. "When a user extracts and executes NullMixer, it drops a number of malware files to the compromised machine," cybersecurity firm Kaspersky said in a Monday report. "It drops a wide variety of malicious binaries to infect the machine...
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Windows 11 2022 (22H2 release) is now out, and Microsoft has once again placed a heavy emphasis on security. The good news for this release is that even Windows Home versions can receive some of the key security features with no additional Windows or Microsoft 365 licensing. Review the Windows 11 22H2 security baseline documents and begin to test these features. Windows 11 release cadence First, a...
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Last month Tech Crunch reported that payment terminal manufacturer Wiseasy had been hacked. Although Wiseasy might not be well known in North America, their Android-based payment terminals are widely used in the Asia Pacific region and hackers managed to steal passwords for 140,000 payment terminals. How Did the Wiseasy Hack Happen? Wiseasy employees use a cloud-based dashboard for remotely managing payment terminals. This dashboard allows the company...
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London-based cryptocurrency-trading platform Wintermute saw cyberattackers take off with $160 million this week, likely due to a security vulnerability found in a partner's code. The incident showcases deep concerns around implementing security for this finance sector, researchers say. Wintermute founder and CEO Evgeny Gaevoy took to Twitter to say that the heist was aimed at the company's decentralized finance (DeFi) arm, and that while the incident...
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