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Cyber Security News

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Siliconangle

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How open-source developers can meet global cybersecurity laws — before it’s too late

  • Countries worldwide are updating their cybersecurity laws to address new attack pathways in the digital realm, impacting open-source developers.
  • The EU's Cyber Resilience Act (CRA) is set to influence open-source and enterprise software development globally, with mandatory compliance required by December 2027.
  • Developers need to focus on secure-by-design development and transparency, as non-compliance with cybersecurity laws could lead to severe penalties, including fines up to 2.5 times annual revenue per infraction.
  • Open-source developers must adapt to new concepts like software bill of materials and ensure compliance with evolving cybersecurity standards to navigate the regulated landscape while maintaining innovation.

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Siliconangle

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Chronosphere redefines cloud-native observability with Logs 2.0 and real-time data control

  • Chronosphere Inc. is redefining cloud-native observability with its platform by providing deep real-time visibility into complex, distributed systems.
  • Chronosphere focuses on open-source standards to allow customers to control their data format for observability in cloud-native environments.
  • Chronosphere introduces Logs 2.0, a new product offering end-to-end log management capabilities integrated with metrics and traces for proactive performance management.
  • Chronosphere tackles ballooning telemetry data issues by offering data control, cost optimization, and intelligent signal prioritization for cloud-native environments.

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Gritdaily

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The Challenge of Ultra-Luxury: How to Ensure Total Security Without Compromising Design or Freedom

  • Tyrian Residences in Estepona, Spain showcases strong security measures without compromising architectural integrity.
  • The building offers 40 residences designed as villas in the sky with top-notch amenities and WELL-certified design.
  • Security features include a gated entry point, laser detection, network of cameras, automatic bollards, and smart card access.
  • Privacy is ensured through private elevators, dual entrances for residents and staff, and smart card-controlled access across all areas.

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Siliconangle

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F5 introduces post-quantum cryptography tools for application security

  • F5 Inc. introduces new post-quantum cryptography solutions to enhance application security against quantum computing threats.
  • These new tools aim to protect sensitive data across various environments and address vulnerabilities posed by quantum computing attacks.
  • F5 emphasizes the importance of transitioning to post-quantum cryptography to avoid disruptions and ensure secure operations.
  • The platform offers end-to-end security, compliance support, and performance optimization through integrated post-quantum encryption capabilities.

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Dev

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🛡️ How RedXShield is Changing Africa’s Cybersecurity Game

  • RedXShield is an African-built cybersecurity platform that stands out for learning from African attack patterns, unlike most tools trained on Western data.
  • Key features of RedXShield include local threat intelligence, lightweight API, explainable AI, and being MIT licensed.
  • The tool focuses on African-first detection, provides transparent results, and has been successfully implemented in various cybersecurity initiatives.
  • Developed by Dennis Muchiri, RedXShield has won awards, protects African fintech companies, and emphasizes the importance of local solutions for global impact in cybersecurity.

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Ars Technica

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Actively exploited vulnerability gives extraordinary control over server fleets

  • Hackers are exploiting a severe vulnerability in the widely used AMI MegaRAC firmware package, allowing them complete control over servers inside data centers.
  • The vulnerability, identified as CVE-2024-54085, permits authentication bypasses by sending a simple web request to a vulnerable BMC device over HTTP.
  • CISA has warned about the exploitation of this vulnerability, and Eclypsium, the security firm that discovered it, suspects espionage groups linked to the Chinese government could be involved.
  • Administrators are advised to check all BMCs in their server fleets for vulnerability and to consult their server manufacturers for patches and guidance due to the broad scope of potential exploits.

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Medium

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Why I Think YUBICO Is Poised for a 100%+ Gain in the Next 5 Years

  • Yubico could see substantial growth in digital security market in the future.
  • YubiKey by Yubico provides effective, affordable hardware authentication for enhanced online security.
  • Yubico's universal compatibility and competitive advantage position it well for future success.
  • The rise in cyber threats makes Yubico's security solutions increasingly relevant and necessary.

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Dev

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Introduction to Cryptography: Perfect secrecy

  • An introduction to perfect secrecy cryptography during World War II in France.
  • Captain Reid instructs Lieutenant Lenz on encoding messages to ensure perfect secrecy.
  • Perfect secrecy entails zero information leakage in intercepted ciphertext, achieved by the One-Time Pad.
  • The narrative unfolds with encryption challenges, decryption nuances, and the fatal consequences of a mistake.
  • The enemy attempts to break the code using the Space Trick, leading to a tragic outcome.

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Medium

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Why You Need a Password Manager

  • Password managers are essential for creating unique and complex passwords for every site, as using simple patterns or reusing old passwords can make accounts vulnerable to attacks like credential stuffing.
  • Storing sensitive information unencrypted or falling for phishing attacks can compromise the security of password managers, but using a secure master password, enabling multi-factor authentication, and choosing a reputable manager can significantly enhance online security.
  • Open-source options like Bitwarden and KeePass provide additional security measures for users who are more cautious about their digital footprint and want greater control over their data.
  • In today's cybersecurity landscape, using a password manager is a crucial step in protecting accounts from malicious actors who often exploit weak or reused passwords to gain unauthorized access.

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Insider

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Microsoft transfers a top cybersecurity executive out of the company's security group, internal memo shows

  • Microsoft transferred its chief information security officer, Igor Tsyganskiy, out of the security division to report to Cloud + AI boss Scott Guthrie.
  • The move highlights the growing importance of artificial intelligence at Microsoft and aims to integrate the security team closer to the systems it protects.
  • Tsyganskiy's team will work closely with Microsoft Security to enhance solutions for real-world enterprise needs, following previous security challenges.
  • The shift is part of Microsoft's enhanced security focus, exemplified by making security a priority for all employees and adding it to performance metrics.

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Tech Radar

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Hackers are using fake Zoom apps to steal your data and your cryptowallet - here's how to stay safe

  • A new cyber campaign by North Korean hackers using fake Zoom apps is targeting organizations across regions like North America, Europe, and the Asia-Pacific.
  • The campaign aims at compromising cryptocurrency wallets and sensitive financial data in sectors such as gaming, entertainment, and fintech.
  • Malware is hidden within fake Zoom scripts, disguised as legitimate tools, and installed with admin rights to execute malicious commands at boot.
  • To stay safe, users are advised to verify meeting participants independently, block suspicious domains, use endpoint protection, and deploy strong security measures, especially for organizations with digital assets or crypto holdings.

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Siliconangle

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Research shows open source fuels economic growth, AI innovation

  • New research from The Linux Foundation shows that open source contributes $9 trillion in global value, factoring in time saved from not developing software covered by open source and profits from companies using open source in production.
  • The estimation process for the value of open source is evolving with the inclusion of AI, leading to a need for more data on data itself, models, usage, and how companies leverage it.
  • Calculating the value of open-source AI is complex due to significant upfront investment in training, which changes the scope of people's jobs and enhances productivity.
  • Contributing to open source projects can significantly increase economic value for both the contributor and future users, potentially doubling productivity compared to those who only use open source without contributing back.

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Siliconangle

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Open Source Summit: The rise of open-source observability – theCUBE analysis

  • Open-source observability is becoming crucial in modern enterprise infrastructure for actionable insights.
  • Unified observability frameworks are replacing fragmented tooling to support AI-driven automation more effectively.
  • Open-source standards like OTEL are leading the charge towards unifying observability platforms.
  • Observability enables intelligent systems to identify and resolve issues with minimal human intervention.

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Pymnts

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Experian Adds Microsoft’s ID Verification Tool to Ascend Platform

  • Experian has integrated Mastercard’s identity verification and fraud prevention technology into its Ascend analytics platform.
  • The collaboration aims to enhance identity verification services for over 1,800 Experian customers across various industries, including financial services, automotive, health, and digital marketing.
  • Identity verification is crucial in preventing fraud and cybercrime, with 96% of decision makers recognizing its importance in combating fraud.
  • The collaboration comes in the context of increasing efforts to address fraud, highlighted by rising check fraud rates and regulatory actions by entities like the Federal Reserve and the Office of the Comptroller of the Currency.

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Pymnts

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Experian Adds Mastercard’s ID Verification Tool to Ascend Platform

  • Experian has integrated Mastercard's identity verification and fraud prevention technology into its Ascend analytics platform.
  • This collaboration will enhance identity verification services for over 1,800 Experian customers across industries like financial services, automotive, health, and digital marketing to combat fraud and cybercrime.
  • Identity verification is crucial in combating fraud, with 96% of decision makers recognizing its significance. However, 27% of businesses note that their current verification strategies impact legitimate customers negatively.
  • Regulators like the Federal Reserve are aiming to address the rise in check fraud, emphasizing the importance of robust identity verification processes to combat financial crimes.

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