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Cyber Security News

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Mcafee

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Image Credit: Mcafee

Your Phone Is the #1 Target in a New Wave of IRS Scams, McAfee Finds

  • As Tax Day approaches, a wave of sophisticated IRS scams is increasing, with malicious tax scam URLs nearly quadrupling from February 1 to 28 last year.
  • Mobile attacks, targeting 76% of tax scam activity through texts with URL shorteners, are expected to dominate this year.
  • Scammers will impersonate IRS, tax prep, and tax software companies to trick taxpayers into revealing personal and financial information.
  • Common tax scams involve stealing account info, filing false returns, committing identity theft, and selling stolen information on the dark web.
  • Tax scams target sensitive information like Social Security Numbers, leading to identity theft, financial harm, and reputation damage.
  • Scammers use urgent and threatening texts posing as IRS agents to lure victims into clicking on fraudulent links and providing personal information.
  • Taxpayers are advised to be cautious of emails and calls claiming to be from the IRS, never give personal info over the phone, and verify sources before clicking on links.
  • Using online protection tools, verifying websites, setting strong passwords, and filing taxes promptly are recommended strategies to avoid falling victim to tax scams.
  • Increased awareness, caution in sharing personal information, and proactive measures can help individuals protect themselves from falling prey to IRS scams.
  • McAfee's research highlights the importance of staying vigilant during peak tax season to prevent becoming a target of fraudulent schemes.

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Nordicapis

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9 Signs You’re Doing API Security Wrong

  • Overreliance on API Keys is a common mistake, as keys are not designed for sole authentication and lack critical functionality.
  • Smart Authorization Flows are crucial for secure systems, emphasizing the importance of role-based and attribute-based access control.
  • Proper encryption in transit and at rest is essential, urging developers to keep encryption methods updated and secure.
  • Using outdated or vulnerable third-party dependencies poses risks, highlighting the need for auditing and updating regularly.
  • Standard authorization and authentication practices are vital for consistent security across development teams.
  • Implementing rate limiting and throttling is crucial to prevent abuse and protect against various attack vectors.
  • Ensuring sufficient data filtering is important to prevent exposure of sensitive information and promote a security-first mindset.
  • Maintaining proper logging and monitoring practices helps detect security incidents and mitigate concerns in real-time.
  • Improper CORS configuration can lead to security vulnerabilities, stressing the need for strict domain restrictions and monitoring.
  • Developers should focus on a holistic security posture, addressing common anti-patterns to maintain a secure API environment.

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Medium

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EU’s Cyber Superheroes Announce Master Plan to Save Humanity from Digital Doom (Or Just Schedule…

  • The European Commission on Cybersecurity (ECCC) has announced its first cybersecurity work programme to combat digital threats.
  • The programme focuses on supporting the development of new technologies, AI, and post-quantum transition, as well as enhancing cyber resilience.
  • It includes the creation of the European Cybersecurity Alert System (ECAS) and a pan-European network of Cyber Hubs for improved information sharing.
  • The ECCC will also address cybersecurity requirements across various sectors, including healthcare, to ensure compliance and protection.

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Cybersecurity-Insiders

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Quantum Sensors: From Lab to Chip Through Semiconductor Fabs

  • Quantum sensors offer increased sensitivity compared to classical sensors, benefiting industries like atomic clocks, magnetometers, and gyroscopes.
  • Commercializing quantum sensors requires optimizing size, weight, power, and cost, achievable through semiconductor manufacturing processes.
  • Vapor cells, crucial for quantum sensors, are manufactured using scalable semiconductor processes for mass production.
  • Laser technology advancements are essential for quantum sensors, with VCSELs playing a key role in chip-scale sensors.
  • Challenges in manufacturing specialized components for quantum sensors limit scalability and drive up costs.
  • Initiatives like quantum foundries aim to centralize production facilities for efficient manufacturing of quantum technologies.
  • Semiconductor foundries have the potential to drive down manufacturing costs and expand markets for quantum sensors.
  • Chip-scale atomic clocks utilizing vapor cells and VCSELs provide a roadmap for transitioning quantum sensors to mass production.
  • The IDTechEx report offers insights into components for quantum sensors, market forecasts, and industry developments.
  • IDTechEx provides research on emerging technologies, supply chains, market opportunities, and forecasts for clients.

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Dev

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Strategies for Managing Your Digital Footprint: Protecting Your Online Life

  • Your digital footprint is the trail left behind by you when you go online and consists of your active and passive footprint.
  • Managing your digital footprint is important for personal branding, career opportunities, reputation, privacy, and security.
  • To effectively manage your digital footprint, conduct an audit of your online presence, clean up your social media, lock down your privacy settings, and build a good online reputation.
  • Regularly review and maintain your digital footprint by using Google Alerts, reviewing social media activity, and keeping personal and professional accounts separate.

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Cybersecurity-Insiders

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Why China is considered a Big Cyber Threat to U.S. IT Infrastructure

  • China poses a significant cyber threat to U.S. IT infrastructure due to its advanced cyber capabilities and state-sponsored hacking activities.
  • State-backed groups like APT1, APT10, and APT41 conduct espionage, intellectual property theft, and critical infrastructure disruption with government support.
  • China's theft of intellectual property from U.S. entities undermines competitiveness and benefits its state-owned enterprises in various industries.
  • Chinese cyber operations target critical U.S. infrastructure like energy grids and transportation networks for potential disruption and national security implications.
  • Cyber espionage by China gathers intelligence on U.S. policies, military capabilities, and economic strategies to gain strategic advantages.
  • China's aggressive cyber operations encompass malware attacks, social engineering, and exploiting software vulnerabilities, posing challenges for U.S. defense.
  • China's influence through cyber diplomacy and supply chain vulnerabilities, including companies like Huawei, creates massive espionage risks for the U.S.
  • Economic and political motivations drive China's cyber activities to challenge U.S. dominance, disrupt the economy, and safeguard global interests.
  • As China invests in cyber capabilities, the U.S. must enhance defense measures and international cooperation to mitigate the evolving cyber threats.
  • Addressing China's growing cyber challenge is crucial for maintaining U.S. national security, economic stability, and technological supremacy.

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Cybersecurity-Insiders

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Over 1.5m personal photos from dating apps leak online

  • Over 1.5 million personal photos have been leaked online due to a human error.
  • The leaked images include intimate verification images, previously rejected photos, and private pictures.
  • The breach is traced back to a cloud platform operated by MAD Mobile.
  • The vulnerability leading to the breach has been patched, but concerns about data misuse remain.

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Cheapsslshop

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Standard SSL vs. Wildcard SSL Certificates: Which One to Choose for Your Website?

  • Securing your domain is a priority – whether you run a personal website, a business site, an e-commerce store, or even a government portal.
  • Website owners handling a single domain may find a Standard SSL certificate sufficient, while developers and businesses managing multiple subdomains may need the flexibility of a Wildcard SSL certificate.
  • Both Standard SSL and Wildcard SSL certificates encrypt data and offer 100% browser & major platform compatibility, but differ in coverage, functionality, and cost-effectiveness.
  • Standard SSL certificates are affordable and ideal for a static website, informative website, blogging platform, etc.

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Banking Frontiers

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State-supported armed conflict is top global risk now

  • The 20th edition of the World Economic Forum’s Global Risk Report highlights state-based armed conflict as the top global risk for 2025, with one-quarter of respondents expressing concerns.
  • The report leverages insights from over 900 global leaders to analyze risks across immediate, short- and long-term horizons, aiming to equip leaders with foresight to address emerging challenges.
  • Global leaders are less optimistic about the world's outlook in the long term, anticipating turbulence driven by environmental, technological, and societal challenges by 2035.
  • Concerns include instability in international cooperation, illicit economic activity, debt burdens, and concentration of strategic resources, all posing risks to the global economy.
  • Misinformation and disinformation remain top short-term risks, threatening societal cohesion and governance by eroding trust and exacerbating divisions.
  • Other short-term risks highlighted in the report include extreme weather events, societal polarization, cyber-espionage and warfare, and pollution.
  • While economic risks such as inflation and economic downturn have subsided, concerns persist regarding debt, crime, and illicit economic activities.
  • Technological risks related to adverse outcomes of AI technologies and biotech advancements are also mentioned in the report as emerging concerns over the next decade.
  • The report discusses the super-aging risk in societies, predicting challenges like pension crises, labour shortages, and economic impacts due to demographic shifts.
  • The need for effective global cooperation is emphasized in the face of fragmented global orders, with a call for prioritizing dialogue, strengthening ties, and fostering collaboration for a sustainable future.

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Cybersecurity-Insiders

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Upgrading Email Security: Why Legacy Systems Struggle with Modern Threats and How to Fix Them

  • Businesses relying on outdated email security systems are at risk from modern cyber threats like advanced phishing, ransomware, and AI-driven scams.
  • Legacy security measures are inadequate against personalized phishing attacks that mimic real employees and advanced ransomware that evades detection.
  • AI-powered threats, deepfake scams, and tailored email lures pose significant challenges to traditional email security tools.
  • Upgrading email security requires implementing AI-driven threat detection, strengthening email authentication, and adopting Zero Trust principles.
  • End-to-end encryption, secure email gateways, incident response plans, and security awareness training are essential components of a modern email security strategy.
  • Custom security solutions, cloud-native security platforms, and future trends like AI-driven automation and blockchain technology are crucial for enhancing email security.
  • Organizations must recognize the business risks associated with outdated email security and prioritize proactive measures to prevent data breaches and financial losses.
  • By integrating AI-driven security, strict authentication practices, and Zero Trust principles, businesses can establish a strong defense against evolving cyber threats.
  • Modernizing email security is not just about reacting to threats but about preventing them from breaching systems in the first place.
  • Failure to upgrade email security leaves businesses vulnerable to reputational damage and financial instability in an increasingly hostile digital landscape.

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Medium

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The Importance Of VPNs In A Digital World

  • In a digital world where privacy is paramount, VPNs play a crucial role in safeguarding online activities by encrypting data and masking IP addresses.
  • Using a VPN on public Wi-Fi networks adds a layer of encryption, protecting sensitive information from potential cyber threats.
  • VPN services like NordVPN help secure connections, ensuring data privacy and peace of mind for users in today's digital landscape.
  • VPN encryption shields internet traffic, preventing eavesdropping and maintaining privacy, especially when handling sensitive information.
  • By concealing IP addresses, VPNs limit data access for tracking services, promoting a more private internet experience and anonymity.
  • VPN usage allows users to bypass geo-restrictions, accessing content and services not typically available in their regions.
  • NordVPN's Auto-connect feature simplifies securing multiple devices, ensuring automatic protection across various online activities.
  • VPN services like NordVPN offer enhanced security features to combat cyber threats like phishing attacks, scams, and malware.
  • Investing in a VPN provider like NordVPN, with discounts and a money-back guarantee, can enhance online safety without straining budgets.
  • Embracing VPN technology empowers users to enhance online safety, privacy, and access, providing a vital defense in the digital realm.

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Medium

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Next-Level VPN Service For Maximum Protection

  • In the era of increasing cybersecurity threats, having strong online protection is essential. NordVPN is a top-tier VPN service that offers enhanced internet experience and high-level security.
  • A VPN acts as a barrier between your online activities and potential threats by encrypting your data and routing it through a secure server, making it difficult for hackers to spy on you.
  • Public Wi-Fi networks pose various cyber threats, but using a VPN ensures secure encryption, protecting your online actions from prying eyes.
  • With NordVPN, you add an extra layer of security to your online interactions, safeguarding your data, especially when using public Wi-Fi, a common target for hackers.
  • Using NordVPN enhances your privacy by making your online activity nearly impossible to decipher, protecting you from hackers, advertisers, and trackers.
  • A VPN like NordVPN allows you to bypass geographic restrictions, enabling you to access content from anywhere in the world and enjoy your favorite shows and resources.
  • NordVPN can secure up to 10 devices simultaneously with one account, providing robust protection and peace of mind across all your gadgets.
  • Despite concerns about speed, NordVPN minimizes any slowdowns with its high-speed servers, allowing smooth internet activities without compromising security.
  • NordVPN offers advanced features like Anti-Malware and Threat Protection to protect users against phishing, scams, and malware, ensuring a safer online experience.
  • Investing in a VPN service like NordVPN not only enhances personal security but also promotes broader awareness of cybersecurity practices, benefiting both individuals and communities.

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Fintechnews

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Flagright Raises US$4.3 Million Funding to Expand AI-Powered AML Capabilities

  • Flagright, an AI-native anti-money laundering (AML) compliance platform, raises US$4.3 million in seed funding.
  • The funding round was led by Frontline Ventures and included participation from angel investors and existing investors.
  • Flagright's AML compliance system offers features like dynamic risk scoring, automated case management, AML screening, and real-time monitoring.
  • The new funds will be used to develop a full product family under the AI Forensics umbrella and expand international operations.

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Medium

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Investing in Hakimo: AI Agents + Services to Deter Crime

  • Hakimo is leveraging AI technology to address the pain points in the physical security industry.
  • The company's platform integrates with existing CCTV cameras and access control hardware, eliminating the need for new hardware.
  • Hakimo's AI agents monitor properties 24/7 and provide a near-real-time response to threats, reducing false alarms and offering better accuracy.
  • Their AI-driven service has prevented numerous security incidents, assisted in arrests, and even saved a life.

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Siliconangle

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Oracle denies cloud breach, while researchers point to credible indicators

  • A hacker claimed to have breached Oracle's cloud infrastructure and stolen sensitive data, but Oracle denies any breach.
  • Security researchers suggest that the evidence provided by the hacker indicates a breach.
  • Security firm Trustwave found that the stolen data samples align with real environments using Oracle's SSO and LDAP systems.
  • Oracle continues to deny the breach, but affected organizations are advised to take proactive security measures.

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