Details have emerged about a newly identified security flaw in the Linux kernel that could allow a user to gain elevated privileges on a target host. This vulnerability, known as StackRot and assigned CVE-2023-3269 with a CVSS score of 7.8, impacts Linux versions 6.1 through 6.4. Fortunately, there is no evidence to suggest that this flaw has been exploited in
In a concerning development, hackers associated with the Truebot malware operation have been leveraging a known vulnerability in the Netwrix Auditor application to breach organizations in the United States and Canada. This exploit has caught the attention of the Cybersecurity and Infrastructure Security Agency (CISA), which has issued a warning urging network administrators to immediately apply patches for remote code
In a recent cyberattack that targeted the MOVEit Transfer software, energy giant Shell has confirmed the compromise of personal information belonging to its employees. The attack, carried out by the Cl0p ransomware group, exploited a zero-day vulnerability in the MOVEit managed file transfer (MFT) product, affecting numerous organizations globally. With an estimated 15 million individuals impacted, the incident highlights the
In recent years, the emergence of cryptocurrency lending platforms has revolutionized the financial landscape. These online platforms employ blockchain technology to facilitate borrowing and lending of digital currencies. Offering increased security, transparency, and accessibility, cryptocurrency lending platforms have rapidly gained popularity among investors and borrowers alike. Advantages of cryptocurrency lending platforms include: Increased security, transparency, and accessibility Cryptocurrency lending platforms
In recent months, a highly sophisticated and dangerous ransomware threat called RedEnergy has emerged, posing a significant risk to energy utilities, oil, gas, telecom, and machinery sectors. This insidious malware not only encrypts user data but also steals sensitive information, resulting in maximum damage to its victims. In this article, we delve into the intricacies of the RedEnergy ransomware, exploring
The world of cryptocurrencies has witnessed exponential growth in recent years, with millions of users actively participating in this exciting new market. However, acquiring meaningful insights from the vast amount of crypto data has been a significant challenge. London-based Generative AI startup, SuperSight, is on a mission to redefine the crypto data landscape with its revolutionary Large Language Models (LLMs).
In one of the largest and most audacious attacks in the decentralized finance (DeFi) space, hackers targeted Poly Network, a popular cross-chain protocol. The attackers managed to manipulate nearly 57 assets across 10 different blockchains and immediately generated approximately $42 billion in tokens. This attack highlights the vulnerability of cross-chain bridges in the DeFi space and raises concerns about the
With the rapid surge in cloud-based security threats and breaches, hybrid cloud security considerations have become paramount for CISOs, CIOs, and their teams. As organizations increasingly rely on cloud infrastructure to store sensitive data and run critical workloads, effective security measures are necessary to protect against potential cyberattacks. In this article, we will explore the challenges faced by IT and
In today’s digital age, businesses are increasingly relying on cloud environments to store and manage their data. However, with this increased dependence comes the potential for data breaches, which threaten the security and confidentiality of sensitive information. This article examines the alarming rise in data breaches in cloud environments and highlights the need for robust security measures to effectively address
As the world increasingly embraces the potential of Web3 technologies and cryptocurrencies, Hong Kong has positioned itself as a global hub for fostering their development and enabling retail investment. Over the past year, the city has undertaken a series of strategic moves to facilitate the growth of the Web3 space, attracting industry experts and creating a supportive regulatory environment. Announcement
The United Kingdom’s (UK) approach to crypto regulations has gained praise from Ripple senior executives Andrew Whitworth and Susan Friedman. They argue that the country is forging ahead of the United States (US) in terms of creating a favorable regulatory environment for the crypto industry. With the recent approval of the Financial Services and Markets Bill, the UK has reached
The remarkable surge in Bitcoin prices has caught the attention of investors worldwide. However, amidst the excitement, a notable trend has emerged among Bitcoin miners – the selling of their tokens during this peak period. In this article, we will delve into the selling behaviour of Bitcoin miners, explore their motivations, and assess the potential implications for the market. Bitcoin
