In a concerning turn of events, AerCap, one of the world’s largest owners of commercial aircraft and aviation leasing providers, has fallen victim to a ransomware attack. This incident marks the fourth time in the past six months that the aviation industry has been targeted by cybercriminals. The Irish-based company filed a disclosure notice with the US Securities and Exchange
France’s data protection watchdog, the Commission nationale de l’informatique et des libertés (CNIL), has imposed a hefty fine of 10 million euros on Yahoo for its failure to respect users’ preferences regarding internet-tracking cookies. The fine comes after receiving several complaints and conducting extensive investigations to determine the extent of the violations. Yahoo’s non-compliance Despite the presence of a button
Coinbase, one of the largest cryptocurrency exchanges in the United States, has voiced its criticism against the US Treasury’s proposed rulemaking on cryptocurrency mixing. In its official comment, Coinbase argued that the proposed rules fail to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms. Let’s delve into Coinbase’s objections and proposed solutions in detail. Inefficiency of reporting
WealthKernel, a leading provider of digital investment services and infrastructure, announced that it has successfully secured an investment of £6 million in a Series A extension round. The round was led by ETFS Capital, with participation from other prominent investors, including XTX Ventures, the venture capital arm of algorithmic trading company XTX Markets. Funding History of WealthKernel WealthKernel’s journey to
Conor Brian Fitzpatrick, the owner of the notorious cybercrime website BreachForums, has recently been sentenced to time served and 20 years of supervised release. This article delves into the case, shedding light on the charges against Fitzpatrick, the surprising sentencing decision, and the subsequent debate over the severity of the sentence. It also explores the activities of the BreachForums website
Blockchains have revolutionized the digital landscape, enabling secure and transparent transactions across the world. However, the centralized nature of some major blockchain networks has raised concerns about security, innovation, and the democratization of decision-making. Callisto Network, with its layer-1 blockchain, offers a compelling solution through decentralized governance, community focus, and on-chain democracy. Comparing major blockchain networks that prioritize speed over
The head of the U.S. cyber defense agency was the latest major political target of a swatting attack. Jen Easterly, director of the Cybersecurity and Infrastructure Security Agency (CISA), confirmed reports on Monday regarding an incident that took place on December 30 at her Virginia residence. False calls to the police claimed a shooting had occurred, leading to a swift
LoanDepot, one of the largest retail mortgage lenders in the United States, has recently confirmed that a significant data breach has occurred, impacting approximately 16.6 million customers. The company initially described the incident as a ransomware attack, informing the public that an unauthorized third party had gained access to sensitive personal information. Scope of breach and investigation According to LoanDepot,
As part of its aggressive global expansion strategy, Italian software and services provider Objectway has made a significant move by acquiring the Canadian company Nest Wealth. This strategic acquisition solidifies Objectway’s market presence in North America and allows it to offer a comprehensive range of innovative products and services to customers in both EMEA (Europe, Middle East, and Africa) and
Email accounts have become a prime target for hackers aiming to gain unauthorized access to sensitive information. The significance of securing these accounts cannot be understated, as they serve as gateways to valuable data. Microsoft, one of the leading technology companies, recently faced a cybersecurity threat when a Russian-based hacker group targeted the email accounts of its senior executives. This
In a world where industries are facing unprecedented manpower shortages, the robotics company OTSAW has been stepping up to fill the gaps. With their innovative robots, they have been revolutionizing various sectors that require extensive manpower. However, one industry, in particular, that demands substantial support is healthcare. The specific challenges faced by the healthcare industry The healthcare industry is notorious
With the upcoming Olympics just around the corner, the French National Police have established a dedicated cybercrime unit known as the French Anti-Cybercrime Office (OFAC). As authorities warn of the escalating threat posed by cyberattacks, the OFAC aims to tackle online fraud and enhance intelligence sharing between French and international law enforcement agencies. This article explores the purpose and objectives
