Over the past few years, the xDedic cybercrime marketplace operated as a hub for trading logins to corporate and government servers, allowing hackers to gain unauthorized access to sensitive information. However, the reign of this notorious marketplace has come to an end as 19 individuals, including administrators and key players, have recently been charged and sentenced to lengthy prison terms.
The U.S. Department of Justice (DOJ) has concluded its investigation into the xDedic dark web marketplace, resulting in the successful dismantling of multinational criminal organizations. This significant operation has led to charges against 19 individuals involved in illegal activities on the infamous marketplace. Background of xDedic Marketplace Before its shutdown in 2019, xDedic Marketplace gained notoriety for its illegal trade
A subsidiary of the renowned imaging giant, Xerox, recently encountered a significant “security incident” towards the end of 2023. The incident has led to concerns over compromised personal information, with a ransomware group stepping forward to claim responsibility. This article delves into the impact of the incident, the potential breach of personal data, Xerox’s response, and sheds light on the
The threat of ransomware attacks continues to escalate, with a new report from security firm Emsisoft revealing a significant increase in confirmed attacks in the United States between 2022 and 2023. As organizations and institutions become more digitally dependent, cybercriminals are seizing the opportunity to exploit vulnerabilities and hold sensitive data hostage for ransom. In this article, we will explore
Webull Corporation, a leading digital investment platform, has made a significant move by announcing the launch of brokerage services in Canada. The Florida-headquartered firm aims to democratize trading for Canadian residents, offering a cost-effective alternative to traditional brokerage systems. With its expansion into the Canadian market, Webull seeks to empower investors by providing them with a user-friendly and accessible platform
The Korean gaming industry has been at the forefront of technological advancements, particularly in the realm of blockchain and Web3 applications. However, not all ventures have been smooth sailing. Wemade, a prominent gaming firm based in Korea, finds itself grappling with a staggering $41 million tax debt following the launch of its ambitious $100 million Web3 fund. This article delves
The European Central Bank (ECB) has recently announced that over 100 European banks will be subjected to rigorous stress tests to assess their cyber-attack response and recovery capabilities. This marks the first-ever cyber resilience stress test to be conducted by the EU’s central bank, reflecting the growing concern over cyber threats in the financial sector. Unlike traditional stress tests that
NFT collections featuring the version of Mickey Mouse depicted in the iconic 1928 film ‘Steamboat Willie’ have taken the crypto world by storm. On the popular NFT marketplace OpenSea, these collections have risen to the top of the charts, capturing the attention of collectors and enthusiasts alike. However, as the hype around these NFTs grows, legal limitations surrounding the use
Square Enix, a renowned video game developer and publisher, has revealed its plans to revamp its organizational structure and resource allocation to harness the potential of artificial intelligence (AI), blockchain technology, Web3, and cloud technologies. These efforts aim to drive innovation and keep the company at the forefront of technological advancements in the year 2024. Square Enix is actively working
Foreign interference actors, primarily operating out of Russia, Iran, and China, are intensifying their efforts to influence US audiences in the lead-up to the 2024 national elections. These actors aim to undermine public confidence, stir up animosity, and promote “malignant narratives” domestically on key issues. This article delves into the operations of the Doppelganger group, Meta’s efforts to combat coordinated
In today’s digital landscape, organizations rely heavily on the Domain Name System (DNS) for seamless connectivity and efficient communication. However, the increasing prevalence of DNS attacks poses a significant threat to the security and stability of these networks. In this article, we will delve into the 10 most common DNS attacks and explore effective strategies to mitigate their impact. Introduction
With the evolution of cyber threats, threat actors are constantly finding new avenues to exploit vulnerabilities and bypass security measures. In recent times, a new technique called Simple Mail Transfer Protocol (SMTP) smuggling has emerged as a potent tool for sending spoofed emails with fake sender addresses. This article delves into the intricacies of SMTP smuggling, highlighting its potential impact
