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Information Security

How is PhaaS Evolving with LabHost’s Rise in Cyber Threats?
Cyber Security
How is PhaaS Evolving with LabHost’s Rise in Cyber Threats?

Phishing-as-a-Service (PhaaS) is reshaping cybercrime, enabling even non-experts to launch advanced phishing attacks. Among its purveyors, LabHost has made a mark by offering sophisticated phishing kits since late 2021, particularly targeting Canadian financial entities for credential theft. LabHost’s emergence highlights the troubling expansion of the as-a-service model in online criminality. The complexity of phishing attempts has grown, with LabHost’s innovative

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How Will Nukkleus’ Acquisition of Mercury Global Shape FinTech?
Digital Lending / Digital Payments
How Will Nukkleus’ Acquisition of Mercury Global Shape FinTech?

In the constantly evolving digital finance landscape, strategic mergers are reshaping how the industry operates. A case in point is the acquisition of Mercury Global by Nukkleus, a heavyweight in financial technology. This consolidation is poised to significantly influence the FinTech sector. By acquiring Mercury Global, which specializes in transnational payments, Nukkleus is set to expand its horizons, combining its

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NVIDIA Partners with AISIC to Spearhead Trustworthy AI Practices
AI and ML
NVIDIA Partners with AISIC to Spearhead Trustworthy AI Practices

The launch of the U.S. Artificial Intelligence Safety Institute Consortium (AISIC) marks a significant milestone in the push for responsible AI innovation. This collaborative effort, led by the U.S. Department of Commerce and the National Institute of Standards and Technology, pools the expertise of over 200 specialists from various sectors, including academia, the private sector, and government bodies. As AI

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How Do Virtual Firewalls Fortify Cloud Security in Digital Transformation?
Cloud
How Do Virtual Firewalls Fortify Cloud Security in Digital Transformation?

With data from Ilan Rubin, CEO of Wavelink, indicating that a staggering 80% of cyberattacks in 2023 targeted cloud-stored data, the importance of reinforcing our cloud security strategies has never been clearer. Cyber threats are increasingly sophisticated, taking advantage of vulnerabilities in cloud infrastructure. Thus, both individuals and organizations must prioritize advanced protection for their cloud-based assets to thwart malicious

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Is AI Boosting Cyber-Espionage for State-Sponsored Hackers?
Cyber Security
Is AI Boosting Cyber-Espionage for State-Sponsored Hackers?

In the evolving digital era, artificial intelligence is advancing quickly and becoming a part of many aspects of our lives. This progress is especially evident in the shadowy realm of cyber-espionage, where state-supported hackers are using AI to enhance their malicious activities. Advanced language models and tools like ChatGPT are being used to fine-tune strategies and execute sophisticated cyberattacks with

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How Will Binance’s New ORDI Perpetual Contracts Impact Crypto?
Fintech Blockchain
How Will Binance’s New ORDI Perpetual Contracts Impact Crypto?

Binance, a leading name in the crypto exchange sector, has made a significant move by introducing Ordinals (ORDI) Perpetual Contracts to bridge the gap between conventional finance and the evolving world of cryptocurrency. This development represents a substantial step forward for the integration of both spheres. By rolling out such derivative products, Binance is catering to the demands of sophisticated

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AltLayer Secures $14.4M for Blockchain Scalability and Launches ALT Token
Fintech Blockchain
AltLayer Secures $14.4M for Blockchain Scalability and Launches ALT Token

AltLayer has captivated the blockchain sector after securing a substantial $14.4 million in funding in September last year. Esteemed backers such as Polychain Capital and Hack VC headlined the investment, with others like OKX Ventures, HashKey Capital, and Bankless Ventures also contributing. This substantial cash infusion is a clear endorsement of AltLayer’s innovative vision and technological prowess. The company intends

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Essential IT Ops Acronyms: Mastering Cybersecurity in 2024
DevOps
Essential IT Ops Acronyms: Mastering Cybersecurity in 2024

The dynamic field of IT operations is evolving rapidly, pivoting towards more sophisticated aspects of cybersecurity. As this area becomes increasingly complex, IT professionals are met with the continuous task of staying updated with the latest terminologies. Grasping these acronyms is not only about enhancing communication but also a critical element in excelling in the ever-changing IT landscape. This article

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GoldFactory Unleashes GoldPickaxe iOS Trojan Targeting APAC Banks
Cyber Security
GoldFactory Unleashes GoldPickaxe iOS Trojan Targeting APAC Banks

The landscape of cyber threats is ceaselessly evolving, demonstrating an arms race between cybersecurity measures and increasingly sophisticated criminal tactics. One such advancement that has raised alarm bells is the emergence of GoldPickaxe, a novel iOS trojan developed by the Chinese cybercrime group GoldFactory. Known for their crafty cyber offensives, GoldFactory has mainly focused its nefarious activities within the Asia

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How is Global Law Enforcement Battling Cybercrime Menaces?
Cyber Security
How is Global Law Enforcement Battling Cybercrime Menaces?

In the digital era where cyberspace is as vital as territorial boundaries, global law enforcement is intensely focused on cybersecurity. The increasing sophistication of cybercrime requires international cooperation to combat these high-tech criminals effectively. The case of Mark Sokolovsky, a Ukrainian national extradited to the U.S., illustrates the complex nature of cyber threats and the determination of legal authorities to

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Zoom Patches Critical Flaws: Essential Updates Bolster Security
Cyber Security
Zoom Patches Critical Flaws: Essential Updates Bolster Security

Zoom has enhanced its platform’s security by fixing several major vulnerabilities. One notable fix addressed CVE-2023-24691, with a high-risk score of 9.6, which primarily affected the Windows Zoom Desktop Client, Zoom VDI Client, and Zoom Meeting SDK. This flaw could have enabled attackers to gain unauthorized access and escalate privileges within the user’s system. It’s crucial that users promptly update

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Cybersecurity Alert: Ex-Employee Account Compromises State Data
Cyber Security
Cybersecurity Alert: Ex-Employee Account Compromises State Data

A cybersecurity incident has breached the barriers of a U.S. state government organization, setting off alarms about the latent dangers of inactive accounts. This breach was reported by CISA, the definitive watchdog of our nation’s cyberinfrastructure, and MS-ISAC, a vital network for information collation and threat analysis. The compromised account of a former employee acted as the hacker’s gateway, leading

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