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Cyber Security News

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Dev

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Security Management and Advanced Threat Protection

  • Defender for Cloud is a security application designed to protect cloud and its applications from cyber threats.
  • It offers capabilities such as DevSecOps, CSPM, and CWPP for security management.
  • Defender for Cloud can be enabled in Azure and integrates with Microsoft Defender Portal.
  • A new update includes support for scanning malware in storage blobs up to 50 GB.

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Siliconangle

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N-able acquires cybersecurity provider Adlumin in $266M deal

  • N-able Inc. is acquiring cybersecurity provider Adlumin Inc. in a $266M deal.
  • N-able is financing the transaction with $220 million in cash and 15.7 million shares.
  • Adlumin offers an extended detection and response (XDR) platform using AI.
  • N-able plans to integrate Adlumin's technology into its product portfolio.

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Pymnts

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ID.me Valued at $1.8 Billion Following Tender Offer

  • ID.me has been valued at $1.8 billion following a tender offer.
  • The valuation is up from $1.73 billion two years ago.
  • The transaction was led by Ribbit Capital, with participation from Viking Global Investors and CapitalG.
  • Identity verification services are growing in importance due to the rising threat of identity theft.

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Siliconangle

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How multicloud integration powers AI and application modernization

  • Multicloud integration is becoming a key strategy for operational efficiency and innovation.
  • Oracle prioritizes cross-cloud redundancy and seamless interoperability to meet the demand for multicloud adoption.
  • OCI enables seamless application modernization and comprehensive data governance for enterprises.
  • AI advancements are driven by OCI's multicloud integration, ensuring seamless operations and data governance.

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Securityaffairs

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Zyxel firewalls targeted in recent ransomware attacks

  • Zyxel warns that a ransomware group has been observed exploiting a recently patched command injection issue in its firewalls.
  • Remote, unauthenticated attackers could exploit the flaw to execute OS commands on vulnerable devices.
  • Zyxel addressed the vulnerability with the release of firmware version 5.39 for certain firewall models.
  • Users are advised to update admin and user account passwords for enhanced protection.

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Tech Radar

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Avast security tools hijacked in order to crack antivirus protection

  • Hackers are using a legitimate Avast Anti-Rootkit driver to disguise their malware and turn off antivirus protection.
  • The malware belongs to the AV Killer family and uses a vector known as bring-your-own-vulnerable-driver (BYOVD) to infect systems.
  • The malware places a vulnerable driver named 'ntfs.bin' into the default Windows user folder and uses the 'aswArPot.sys' service to register the driver.
  • The malware includes a hardcoded list of processes used by common security products and uses the 'DeviceIoControl' API to end the process, disabling antivirus detection.

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Pymnts

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Digital Identities, Wallets and Tokens Give Consumers Passports to Commerce

  • Tokenization replaces sensitive data with a non-sensitive, digital representation (token).
  • Tokens serve as passports for streamlined and secure commerce, especially when housed in digital wallets.
  • Tokenization of payment credentials leads to higher authorization rates and enables real-time verification of identities.
  • Digital wallets are embraced by consumers for non-financial activities, online shopping, and in-store usage.

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Pymnts

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Geico and Travelers Fined $11.3 Million For NY Data Breaches 

  • Geico and Travelers fined $11.3 million for poor data security in New York.
  • Over 120,000 New Yorkers' information compromised in data breaches.
  • Geico to pay $9.75 million and Travelers to pay $1.55 million in penalties.
  • Breaches were part of an industry-wide hacking campaign.

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TechCrunch

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Authorities catch ‘SMS blaster’ gang that drove around Bangkok sending thousands of phishing messages

  • Thai authorities announced the arrests of two fraud gangs accused of SMS blasting attacks.
  • One gang drove through Bangkok while sending hundreds of thousands of malicious SMS text messages.
  • The SMS blasting attack impersonated cellular base stations and targeted nearby cellphones.
  • The messages aimed to deceive recipients into clicking on malicious links or downloading malware.

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TechBullion

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How Cybersecurity Services Can Fortify Your IT Infrastructure

  • Cybersecurity services are designed to shield your IT assets from threats like malware, ransomware, phishing attacks, and more.
  • Cybersecurity services ensure that your networks are fortified against unauthorized access.
  • Data is among the most valuable assets for any organization. Cybersecurity services implement encryption protocols to protect sensitive data in transit and at rest.
  • Cybersecurity experts conduct vulnerability assessments and penetration testing to identify weak points in your systems.
  • Endpoint security solutions prevent malware infections and unauthorized access to devices, ensuring that your IT infrastructure remains secure even in a distributed work environment.
  • Cybersecurity services develop and implement comprehensive response strategies to minimize damage when an attack occurs.
  • Cybersecurity services often include employee training programs to educate your team about recognizing phishing attempts, creating strong passwords, and following security protocols.
  • Cybersecurity services help businesses adhere to regulations like GDPR, HIPAA, and CCPA, among others.
  • Cybersecurity services help safeguard your brand by preventing breaches and demonstrating a commitment to data security.
  • Partnering with an experienced IT Services Company gives you access to specialized expertise.

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Dev

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Microcausality: How does modular manipulation of public opinion work using the Dirac Field?

  • The article discusses the theory behind microcausality and its relation to using the Dirac Field to manipulate public opinion.
  • The theory of microcausality involves analyzing partial differential operators for future-directed timelike unit vectors and spacelike unit vectors.
  • The Fourier transform of the Klein-Gordon equation, which describes particles in 1 + 1 dimensions, is used to model classical relativistic particles with positive-energy vectors.
  • The bosonic Fock space H is used to define quantum fields by replacing complex field values with linear operators in an infinite-dimensional Hilbert space.
  • The finite-particle space D, constructed from wave functions, is used to distinguish between zero-particle and N-particle spaces.
  • Annihilation operators can be defined for sharp momenta, but their hermitian adjoints are ill-defined as operators.
  • Creation and annihilation operators are unbounded and exhibit the commutation relation, allowing for the definition of the scalar field as a C-linear distribution.
  • The hermitian scalar field of mass m can be defined by the distribution equation in (8), which describes the spacelike separation of field operators.
  • The consequence of this separation is called microcausality, which implies that field operators located in spacelike separated regions must commute for the hermitian scalar field.

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Medium

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End-to-End Encryption: Your Shield Against Digital Snooping

  • End-to-end encryption ensures that only the sender and recipient can read messages, with no access for service providers.
  • Messages are encrypted on the sender's device and decrypted on the recipient's device using a unique key.
  • Popular messaging apps utilize end-to-end encryption for secure conversations.
  • While not perfect, strong encryption algorithms make hacking end-to-end encryption highly unlikely.

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TechBullion

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Why Customer Data Security is a Non-Negotiable in Fintech

  • Transaction of sensitive data in the fintech sector happens quickly, making customer data security undeniably important.
  • Fintech handles vast amounts of sensitive data and is a prime target for cyberattacks, which can result in far-reaching consequences for both users and companies.
  • In the fintech sector, data security cannot be an afterthought but a central aspect of every operational decision.
  • Fintech companies should be transparent about their data protection practices to build trust and enhance customer loyalty.
  • Adopting third-party certifications and independent security audits can contribute to establishing a company's trustworthiness and commitment to accountability.
  • To create a secure environment in fintech, organizations should implement multiple layers of proactive security, which requires a cultural shift across all teams.
  • Regulatory compliance is a minimum requirement for any serious fintech provider, and company responsibility should go beyond compliance.
  • Proactive measures require a continuous improvement cycle to withstand rapidly-evolving cyber threats.
  • Educating users to recognize phishing attempts and creating strong passwords is a proactive approach to safeguarding user data.
  • Data security will remain an unwavering priority in fintech companies' product development and fostering a culture where data protection is a fundamental service offered.

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Tech Radar

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Russian hackers are attacking innocent companies to get access to their neighbors

  • Russian cyber-espionage group APT28, also known as Fancy Bear, breached an American company's network using a 'Nearest Neighbor Attack' by exploiting nearby Wi-Fi networks.
  • The attack targeted a US organization engaged in Ukrainian-related projects, indicating Russia's interest in the firm.
  • APT28 used password-spraying to gain credentials for the victim's enterprise Wi-Fi network and then turned to a nearby organization to gain entry.
  • In addition to exploiting a bridge device and using native Windows tools, the attackers also utilized a zero-day vulnerability in the Windows Print Spooler service to escalate privileges.

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Mcafee

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This Holiday Season, Watch Out for These Cyber-Grinch Tricks Used to Scam Holiday Shoppers

  • McAfee identified several consumer brands and product categories most frequently used by cybercriminals to trick consumers this holiday shopping season.
  • From October 1 to November 12, 2024, McAfee safeguarded customers from 624,346 suspicious URLs tied to popular consumer brand names.
  • McAfee’s threat research reveals a 33.82% spike in malicious URLs targeting consumers with specific brand names in the run-up to Black Friday and Cyber Monday.
  • Cybercriminals are creating scams that mimic trusted brands and categories consumers trust during the holiday season when people are shopping for the perfect gifts and amazing deals.
  • Handbags and footwear were the two most common product categories for bad actors. Yeezy and Louis Vuitton were the most common brands that trick consumers into engaging with malicious or suspicious sites.
  • Scammers are leveraging luxury brands and tech products to lure consumers into 'deals' on fake e-commerce sites that appear as official brand pages.
  • Consumers can protect themselves from falling victim to fraud by understanding the tactics cybercriminals use and taking a few precautionary measures.
  • Some common tactics scammers are using this holiday season include fake e-commerce sites, phishing sites with customer service bait, and knockoff and counterfeit products.
  • Smart shopping tips to safeguard yourself from holiday scammers include verifying URLs, looking for signs of secure websites, and sticking with trusted sources.
  • McAfee’s threat research team analyzed malicious or suspicious URLs to query the URLs, and the methodology captures instances where users either clicked on or were directed to dangerous sites mimicking trusted brands.

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