In recent months, a significant rise in cyber attacks exploiting vulnerabilities in the cloud analytics and business intelligence platform, Qlik Sense, has been observed. This article delves into the CACTUS ransomware campaign, detailing the exploitation of recently disclosed security flaws. With a growing sophistication in ransomware threats and the resilience of ransomware-as-a-service (RaaS) models, it is crucial to understand the
The rise of deepfake technology has ushered in a new era of identity fraud, with threat actors increasingly exploiting these AI-powered tools to deceive and manipulate individuals. Sumsub, a digital identity verification solutions provider, has revealed that the use of deepfakes has increased tenfold in 2023 compared to the previous year, making it the leading AI-powered fraud technique. This surge
Arete Wealth, a well-established full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), is making waves in the financial industry as it announces its expansion into direct-to-consumer digital wealth services. This move responds to the growing demand for digital investment platforms and will allow Arete to cater to a broader audience while maintaining its unique approach to traditional and alternative
The emergence of Web3 technology and its impact on the gaming industry has opened up exciting possibilities for developers and players alike. However, for Web3 games to reach their full potential, it is essential to attract mainstream players into this new space. In this article, we will explore the reasons behind the importance of mainstream players, the challenges faced, and
The most recent data highlights a significant decline in funding for Web3 startups in 2023. With only around $6 billion raised so far, compared to over $25 billion in funding the ecosystem enjoyed in 2022, the current landscape presents new challenges for entrepreneurs in the Web3 industry. However, the year began with a flourishing start, witnessing a flurry of substantial
Healthcare solutions giant Henry Schein is once again restoring systems after a ransomware group that targeted the company claimed it had re-encrypted files when negotiations stalled. An attack has disrupted manufacturing and distribution operations On October 15, Henry Schein made a shocking revelation that its manufacturing and distribution businesses had fallen victim to a cyberattack. This attack resulted in significant
Trust is the foundation of charitable giving, but regrettably, public trust in charities has been declining in recent years. This erosion of trust has created a crucial need for innovative solutions that can restore faith in the charitable sector. Fortunately, blockchain technology has emerged as a powerful tool with the potential to revolutionize the way charities operate and regain public
The Municipal Water Authority of Aliquippa in Pennsylvania recently confirmed that hackers had gained control of a system associated with a booster station. Thankfully, authorities assured the public that there was no risk to the water supply. However, a hacktivist group named Cyber Av3ngers, believed to have links to Iran, quickly claimed responsibility for the attack, raising concerns about the
In a significant move to transform the alternative asset management industry, Bite Investments has unveiled a groundbreaking new feature aimed at enhancing access and operational efficiency for wealth managers seeking alternative investments. This innovative feature, available globally, will facilitate seamless connections between fund managers and the global wealth management community. Byte Stream Bite Stream, the platform at the center of
ownCloud is a popular file sharing and storage platform that allows users to store and access their files remotely. However, recently, the maintainers of ownCloud have issued warnings about three critical security flaws that could potentially expose sensitive information and allow unauthorized access to files. Additionally, a serious vulnerability has been discovered in CrushFTP, a file transfer protocol server. This
The Japanese National Tax Agency (NTA) has recently conducted a comprehensive investigation into crypto tax violations, shedding light on the scale of non-compliance within the cryptocurrency industry. The data compiled in the agency’s report reveals a substantial increase in investigations launched, violations uncovered, and the cumulative value of undeclared income in the financial year 2022. Number of investigations in FY2022
As Black Friday approaches, security researchers have issued a warning about a significant increase in phishing emails targeting unsuspecting shoppers. These malicious actors employ cunning tactics to deceive individuals into divulging sensitive information or falling victim to scams. With the holiday season presenting ample opportunities for cybercriminals to exploit shoppers, it is crucial for both organizations and individuals to be
