From March 7 to 9, a significant event took place, blending blockchain technology and artificial intelligence in an unprecedented manner. Jointly organized by Blockchain at Berkeley, the Flare blockchain, and Google Cloud, the hackathon aimed to enhance AI computation verifiability through blockchain technology. This remarkable event gathered over 460 student developers and researchers from esteemed institutions such as UC Berkeley,
In a recent advisory, the U.S. Cybersecurity and Infrastructure Security Agency (CISA) revealed a major security flaw affecting NAKIVO Backup & Replication software. This vulnerability, identified as CVE-2024-48248, with a significant CVSS score of 8.6, has been added to the Known Exploited Vulnerabilities (KEV) catalog. The bug is an absolute path traversal vulnerability, which allows unauthorized attackers to read files
In a digital age where vulnerabilities can lead to catastrophic data breaches, Veeam and IBM have rolled out critical security updates to fix severe flaws within their systems. Veeam’s latest update has addressed a significant vulnerability in its Backup & Replication software, allowing remote code execution through inconsistent deserialization handling. Similarly, IBM has patched critical flaws in its AIX operating
UnionBank of the Philippines has garnered significant attention and accolades with its recent recognition as the Best Wealth Management Bank in the Philippines at The Asian Banker’s Global Excellence in Retail Finance Awards. This accolade underscores the bank’s emphasis on digital innovation, strategic growth, and the delivery of client-centric financial solutions. Such efforts have positioned UnionBank as a leading figure
Cybersecurity experts have issued an urgent warning as a dangerous ransomware scheme known as Medusa resurges, threatening the security of email accounts and personal data. Originally identified in 2021, Medusa has gained momentum, targeting a growing number of individuals and businesses. This vicious ransomware involves cybercriminals using a double extortion model—holding data hostage and demanding ransoms to prevent the exploitation
In today’s digital age, cybersecurity has become a critical concern for businesses of all sizes. Despite this awareness, many companies still fall victim to common mistakes that compromise their security. Understanding these pitfalls can help bolster defenses and safeguard organizations against cyber threats. Neglecting AI-Powered Threats The Rise of AI in Cybercrime As artificial intelligence (AI) technology continues to evolve,
The convergence of advanced digital and artificial intelligence (AI) technologies has ushered in a new era of cybercrime, raising concerns over its potential to reshape the landscape of organized crime. The growing collaboration between state-sponsored hybrid threat actors and cybercriminals, particularly those from Russia, poses a significant challenge to European security. These actors leverage digital technologies to destabilize states and
Recent advancements and changes in the cybersecurity landscape have brought to light alarming vulnerabilities in Remote Desktop Protocol (RDP) security. A study by the cybersecurity firm Specops, focusing on data from the company’s honeypot system, reveals trends and commonalities in exploited passwords. This analysis sheds light on how simplistic password choices make systems more susceptible to attacks. The Ten Most
In a concerning development, a sophisticated cyberattack has emerged, exploiting legacy drivers to bypass Transport Layer Security (TLS) certificate validation. Documented by CheckPoint-Research in June, this attack leverages the GhOstRAT malware, designed to remotely control infected systems while evading detection. These threat actors distribute malware via phishing sites and messaging applications, using dynamic-link library (DLL) side-loading techniques to load additional
As organizations rapidly integrate artificial intelligence (AI) services into their cloud infrastructure, they face significant cybersecurity risks. Despite the formidable benefits AI offers, the rush to implement these technologies often leads to security oversights, particularly in access control and data protection. The Rise of AI in the Cloud The increasing number of organizations adopting AI in cloud environments is astounding.
Raisin, a global fintech savings and investment platform, has made a strategic move by launching its platform in Finland. This expansion is a significant part of the company’s broader strategy to grow within the Nordic region, following its previous successful expansions in the United States and Poland. Finland presents an attractive market for Raisin due to its impressive high internet
In a continually evolving financial landscape, the strategies for managing wealth must adapt to meet the nuanced needs of high-net-worth individuals. Conventional investment tactics often fall short, necessitating personalized approaches that both preserve existing wealth and foster its growth across generations. Harbour FX, a premier wealth management firm, has pioneered bespoke financial solutions that secure long-term financial security for its
