Recent revelations by Japan’s National Police Agency and the National Center of Incident Readiness and Strategy for Cybersecurity warn of a sophisticated cyber-espionage campaign by the Chinese state-backed group, MirrorFace, targeting Japanese organizations. Operating covertly since 2019, the group aims to steal technology and national security secrets. Their use of advanced persistent threats (APT) signifies a highly coordinated and persistent
In December 2024, a major cybersecurity incident rocked the educational sector when PowerSchool, a leading K-12 software provider in North America, faced a ransomware attack. Serving more than 60 million students, the breach impacted a vast array of sensitive data, raising significant concerns. The intrusion, discovered just before the New Year, was formally reported through a breach notification letter which
The recent cybersecurity breach at City Bank PLC, resulting in the exposure and sale of sensitive client financial statements on underground hacking forums, has highlighted significant concerns about cybersecurity within Bangladesh’s financial institutions. Confirmed by the Bangladesh Cyber Security Intelligence (BCSI) in early 2025, this breach underscores critical vulnerabilities within the bank’s system that were exploited by attackers. Such incidents
In today’s digital age, the role of Human Resources (HR) in protecting employee data has become increasingly complex and critical. With the advent of advanced technologies and the widespread use of people analytics, HR departments are now responsible for safeguarding vast amounts of sensitive information. This article explores the multifaceted responsibilities of HR in ensuring the protection of employee data,
The recent ransomware attack on Telecom Namibia, a significant telecommunications provider for the African nation, highlights a critical issue of growing cyber threats targeting infrastructure sectors. This incident is part of an increasing trend of cyberattacks in Africa, particularly against sectors deemed critical to societal function and national sovereignty. Increasing Cyber Threats in Africa Telecom Namibia Ransomware Attack Telecom Namibia
In a concerning development for cybersecurity, the Rhysida ransomware group, which has been linked to Kremlin interests, recently targeted Montréal-Nord, a borough in Montreal, Quebec. The group is demanding a ransom of 10 bitcoin, which is currently valued at over $1 million. Rhysida claims to have stolen several critical documents, including an email, an administrative contract, and a Canadian passport.
In today’s rapidly evolving technological landscape, the energy sector stands to benefit enormously from the integration of artificial intelligence (AI). The advent of AI-powered solutions has brought unprecedented advancements, particularly in optimizing aspects such as energy production, distribution, and consumption. One of the most transformative impacts of AI in this field is the heightened efficiency it brings through sophisticated energy
In the ever-evolving landscape of cybersecurity threats, a new and sophisticated malware known as PLAYFULGHOST has emerged. This malware is distributed through nefarious methods such as phishing emails and SEO poisoning, particularly targeting users who download compromised VPN applications. What sets PLAYFULGHOST apart is its extensive data-gathering capabilities, which include keylogging, screen capture, audio capture, remote shell access, and file
Over the past year, a report ranking Gulf corporations ahead of their US and EU counterparts for cyber security has spurred a substantial debate about the region’s penchant for secrecy and state control. The analysis by SecurityScorecard reveals that only two out of the top 100 listed companies in the Middle East reported cyber security incidents last year, presenting a
KuCoin has launched KuCoin Pay, a cutting-edge merchant solution that aims to revolutionize the future of cryptocurrency payments. Designed to seamlessly integrate cryptocurrency transactions into the retail sector, KuCoin Pay facilitates contactless and borderless commerce. Leveraging KuCoin’s robust infrastructure, which serves over 37 million users worldwide, this groundbreaking tool promises reduced transaction fees and immediate settlement of crypto payments. The
Recent advancements in financial systems are ushering in a transformative era, particularly with the enhancements and increased capabilities of real-time payments (RTP). Upcoming changes, such as The Clearing House’s RTP network raising its transaction limit to $10 million, are pivotal for industries like real estate and supply chain logistics that demand high-value financial solutions at a quicker pace. Innovations in
The year 2024 was a tumultuous one in the realm of cybersecurity, marked by a series of high-profile data breaches, disruptive ransomware attacks, and the emergence of new threat actors. This article delves into the most significant cybersecurity stories of the year, exploring the common themes, identifying overarching trends, and presenting key points that defined the cybersecurity landscape in 2024.
