Microsoft says the Russian government-backed hacking team that broke into its corporate network group may still be poking around its internal network after stealing source code. In what is being …
Cybercriminals Spoof US Government Organizations in BEC, Phishing Attacks
Since at least 2021, organizations in the US have faced targeted phishing and business email compromise (BEC) campaigns by a threat actor known as TA4903, as revealed by Proofpoint. The attacks aimed …
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Nigerian BEC Scammer Pleads Guilty in US Court
Henry Onyedikachi Echefu, a Nigerian national residing in South Africa at the time, pleaded guilty in a US court to participating in a business email compromise (BEC) fraud scheme, which operated …
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FBI: Cybercrime Losses Exceeded $12.5 Billion in 2023
The FBI's Internet Crime Complaint Center (IC3) released its 2023 annual report, showing a nearly 10% increase in cybercrime complaints compared to the previous year. With over 880,000 complaints …
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Cryptography Firm Zama Raises $73 Million for FHE Solution
France-based Zama, an open-source cryptography company, announced raising $73 million in a Series A funding round, led by Multicoin Capital and Protocol Labs, among others. Zama specializes in fully …
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Exit Scam: BlackCat Ransomware Group Vanishes After $22 Millon Payout
Threat actors behind the Blackcat ransomware are suspected of pulling an exit scam after uploading a law enforcement seizure notice and shutting down their darknet website. This shutdown occurred …
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Apple Blunts Zero-Day Attacks with iOS 17.4 Update
On Tuesday, Apple revealed an urgent software update to patch several security flaws in the iOS platform. These updates come with a warning of potential zero-day exploits in the system. Apple …
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Ex-Google Engineer Arrested for Stealing AI Technology Secrets for China
On March 6, The U.S. Department of Justice (DOJ) indicted a 38-year-old California resident and Chinese national for allegedly stealing proprietary information from Google. Linwei Ding (aka Leon …
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Alert: GhostSec and Stormous Launch Joint Ransomware Attacks in Over 15 Countries
Cybercrime group ChostSec was linked to a ransomware family of the Golang variant called GhostLocker. Attacks conducted by the group have targeted a myriad of counties and sectors including Cuba, …
Cloud Security Firm Sweet Security Raises $33 Million, 6 Months After Emerging From Stealth
Sweet Security, a Tel Aviv-based cloud runtime security firm, has secured a $33 million Series A funding round led by Evolution Equity Partners, with participation from Munich Re Ventures and Glilot …