In 2024, the cybersecurity landscape has taken an interesting turn with an increase in ransomware incidents but a noticeable decline in payments by the victims. Despite a slight increase in ransomware revenues in the first half of 2024 compared to the first half of 2023, overall extortion payments plummeted by 35% year-over-year. In numbers, ransomware groups collected approximately $813.55 million
In the rapidly evolving world of digital technology, an interesting trend is rapidly gaining traction and changing the landscape of online gaming and finance: the integration of blockchain technology into gaming. With the global gaming market already a multi-billion dollar industry, the potential merger of Web3 innovations with gaming has set the stage for unprecedented changes. Ambire Legends, a new
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has recently taken a critical step to bolster national cybersecurity by adding four newly identified security vulnerabilities to its Known Exploited Vulnerabilities (KEV) catalog. These vulnerabilities have seen active exploitation in the wild, putting numerous systems at risk. Found in widely used software such as Apache OFBiz, Microsoft .NET Framework, and Paessler
In a significant cybersecurity alert, a critical vulnerability has been identified in Veeam Backup software that could expose systems to arbitrary code execution through a Man-in-the-Middle attack. The vulnerability, cataloged as CVE-2025-23114 with a high CVSS score of 9.0, potentially impacts various Veeam products including Veeam Backup for Salesforce, Nutanix AHV, AWS, Microsoft Azure, Google Cloud, and Oracle Linux/Red Hat
In the latest wave of cyberattacks, the North Korea-linked Lazarus Group has launched a sophisticated campaign targeting cryptocurrency wallets. Utilizing fake LinkedIn job offers, the malicious actors lure job seekers in the cryptocurrency and travel sectors with enticing messages promising remote work and competitive salaries. Once potential victims express their interest, the attackers proceed by requesting personal information, further complicating
In a recent security revelation, Microsoft has patched a critical vulnerability in its SharePoint connector within Power Platform that potentially enabled credential theft and unauthorized access. This flaw, discovered by Zenity Labs, underscores the importance of maintaining robust security measures for interconnected cloud-based services. The vulnerability posed a significant risk by potentially allowing threat actors to harvest user credentials and
Brava, a London-based start-up led by founder and CEO Graham Cooke, has launched an AI-driven stablecoin management system intended for institutional investors and wealth managers, aiming to unlock the potential of the $210 billion stablecoin market. With this move, Brava seeks to revolutionize the way investors manage their stablecoin holdings by automating yield identification and fund allocation. The platform has
High-profile accounts on X, previously known as Twitter, are currently facing an alarming phishing campaign that aims to compromise these accounts and promote fraudulent cryptocurrency schemes. This campaign has set its sights on US political figures, tech giants, leading journalists worldwide, and even an X employee. Although the primary focus is on high-follower accounts, the threat extends to all users
In a burgeoning wave of cyber threats, North Korean hackers have launched an insidious campaign targeting job seekers and developers, utilizing a sophisticated variant of the macOS Ferret malware family. This ominous campaign, dubbed “Contagious Interview,” has been traced to North Korean threat actors who deceitfully pose as job interviewers to trick victims into downloading malware onto their systems. The
Security operations centers (SOCs) are the nerve centers of an organization’s cybersecurity efforts, tasked with monitoring, detecting, and responding to security threats. However, the increasing volume and sophistication of cyber threats have made traditional SOC processes inadequate. This article explores how AI SOC Analysts can revolutionize security operations, addressing core challenges and enhancing the efficiency and effectiveness of SOCs. The
In the intricate world of wealth management, geopolitical risks and market volatility present a unique challenge that requires strategic foresight and meticulous planning. Political events, such as trade conflicts, regulatory changes, and unpredictable conflicts, significantly influence economic outcomes and market stability. These events demand that wealth managers navigate these turbulent waters with precision and vigilance to safeguard their clients’ assets.
Jump, an AI solutions provider aimed at financial advisors and services firms, has recently secured $20 million in a Series A funding round led by Battery Ventures. Contributions also came from Citi Ventures, Sorenson Capital, and Pelion Venture Partners. This latest influx of capital, adding to the total of $24.6 million raised so far, will power Jump’s mission to enhance
