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Cyber Security News
Tech Radar
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Image Credit: Tech Radar
ChatGPT keeps hallucinating—and that's bad for your privacy
- Austria-based digital rights group Noyb has filed a complaint against OpenAI for ChatGPT's false information and potential GDPR violations.
- Noyb urges the Austrian privacy protection body to investigate OpenAI's data verification practices and impose fines for GDPR compliance.
- Experts argue that AI chatbots generating false information, like ChatGPT, pose privacy concerns and go against GDPR regulations.
- OpenAI admitted it couldn't rectify false data from ChatGPT and could only filter or block information, raising concerns about compliance with EU law.
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Siliconangle
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Image Credit: Siliconangle
Trust Center Platform startup SafeBase raises $33M for platform development
- Trust Center Platform startup SafeBase has raised $33 million in funding to enhance its platform and technology.
- SafeBase offers a Trust Center Platform that automates security reviews and third-party risk assessments.
- The platform aims to streamline the security review process, improve transparency, and build customer trust.
- SafeBase has raised a total of $53 million to date, with notable customers including Amplitude, LinkedIn, and Postman.
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Siliconangle
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Image Credit: Siliconangle
Network security startup Corelight reels in $150M
- Network security startup Corelight has raised $150 million in a Series E funding round.
- The funding round was led by Accel and included investments from Cisco Systems and CrowdStrike Holdings.
- Corelight's Open NDR Platform analyzes network traffic for signs of malicious activity using open-source tools Suricata and Zeek.
- The funding will be used for product development, including enhancing threat detection features and upgrading integrations with third-party cybersecurity products.
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Medium
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HOW TI FLASH BITCOIN AND USDT TO BINANCE AND OTHER CRYPTO EXCHANGE
- Cryptodiod offers Flash USDT, which remains in any wallet for up to 10 days before being rejected by the blockchain network.
- The Flash USDT can be used for seamless transactions and efficient blockchain technology.
- Cryptodiod provides a tool to recover lost or stolen USDT by transferring the coins to a new wallet.
- The Flash BTC Transaction software allows flashing bitcoin, which disappears from any wallet after 50 days and can be converted into other crypto coins.
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Medium
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Image Credit: Medium
Harnessing the Power of Crowd-Sourced Security
- Bug bounty platforms serve as intermediaries connecting organizations with skilled security researchers, also known as white-hat hackers.
- Bug bounty programs follow a process of registration, discovery, submission, validation, and rewards.
- Bug bounty platforms benefit organizations, bug hunters, and provide comprehensive security testing, cost-effectiveness, community engagement, and enhanced reputation.
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Medium
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Image Credit: Medium
We Speak CVE Podcast — “Swimming in Vulns (or, Fun with CVE Data Analysis)”
- The podcast episode titled 'Swimming in Vulns (or, Fun with CVE Data Analysis)' discusses various topics related to vulnerabilities and vulnerability intelligence.
- The hosts talk about different approaches to analyzing CVE data and how CVE is an effective framework for compiling and communicating vulnerability information.
- They highlight the benefits of increasing the number of CVE Numbering Authorities (CNAs) through federation, which has improved the quality and quantity of data produced by the program over time.
- The podcast also emphasizes the importance of including additional information like CVSS, CWE, CPE, etc., in CVE Records for improving the overall quality of CVE List data.
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Medium
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Image Credit: Medium
Top 10 Cybersecurity Threats in 2024
- Ransomware attacks are expected to continue escalating in 2024, targeting corporations, critical infrastructure, and municipal services.
- Cybercriminals are likely to leverage AI and ML to enhance their capabilities and make attacks more sophisticated and adaptive.
- Expanding IoT landscape will introduce new vulnerabilities, requiring prioritization of security measures and authentication mechanisms.
- Supply chain attacks will persist in 2024, emphasizing the need for stringent security measures and vendor assessments.
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Medium
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Image Credit: Medium
“Exploring GalaxyHub’s Role in Building More Resilient DeFi Networks”
- GalaxyHub has taken initiatives to enhance the resilience of DeFi networks.
- Positive Points and Key Functions: Continuous smart contract audits, liquidity diversification, innovation in consensus protocols, and strategic collaborations.
- Benefits to the ecosystem: Increased stability, boosted confidence, and sustainable innovation.
- GalaxyHub leads the way in building more resilient DeFi networks, prioritizing security, diversification, collaboration, and innovation.
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Medium
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Managing IT Challenges: Fraudulent Accounts, Backups, and Firewall Upgrades
- Fraudulent student accounts continue to be a problem across California's community colleges, despite efforts to strengthen systems and detect fraud.
- Implementing immutable backups is a critical step in protecting data integrity and safeguarding against tampering and ransomware attacks.
- Upgrading network firewalls is a priority to enhance defensive measures against sophisticated cyber threats and implement a zero-trust framework.
- Managing IT challenges is an ongoing process in an educational setting, requiring continual adaptation and commitment to safeguarding resources.
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Medium
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Bsides Seattle 2024
- The Fault in Our Metrics: Rethinking How We Measure Detection & Response: A talk on measuring the business value of alerts for IT Operations.
- The Winds of Change — The Evolution of Octo Tempest: A presentation on telecommunication hacks and the importance of mobile phone security.
- Incident Response on the AI Frontier: A high-level talk on the implications of AI advancements in incident response.
- BSides Seattle Experience: Positive feedback on the event's organization, affordable price, quality workshops, and talks.
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Medium
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Image Credit: Medium
Understanding Ransomware As a Service (RaaS)
- Ransomware as a Service (RaaS) is a part of the SaaS business model.
- RaaS operators develop and sell malicious programs to cybercriminals who lack the time or knowledge to create their own ransomware.
- RaaS kits offer features like user guides, customer support, user reviews, and forums.
- RaaS revenue models include affiliate programs, one-time licenses, and pure profit sharing.
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Pymnts
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Image Credit: Pymnts
US Issues Stark Warning on AI Risks to Critical Infrastructure
- The federal government is offering a playbook to navigate AI-related cybersecurity risks in critical infrastructure.
- The guidelines stress the need for enhanced safeguards and comprehensive approach in AI adoption.
- AI revolutionizes security teams' approach in combating cyber threats.
- Experts suggest additional measures like rigorous testing, code signing, and continuous monitoring for vulnerabilities to improve AI security.
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Arstechnica
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Image Credit: Arstechnica
Health care giant comes clean about recent hack and paid ransom
- Health care giant, Change Healthcare, revealed that the recent ransomware attack on their systems was due to a compromised account that lacked multifactor authentication.
- The attack, carried out by a ransomware group named ALPHV or BlackCat, caused a nationwide network outage, disrupting the US prescription market for two weeks.
- As a result of the attack, personal health information for a significant portion of the US population was obtained by the hackers.
- The breach occurred on February 12 when the hackers obtained an account password for a portal allowing remote access, which did not have multifactor authentication in place.
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Medium
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Image Credit: Medium
The Dynamic Landscape of CTI Networking and how to navigate intelligently
- Traditional methods for CTI networking are no longer sufficient in the face of evolving cyber threats.
- Threat intelligence sharing platforms have emerged as essential hubs for collaboration in the CTI community.
- Interoperability challenges hinder seamless collaboration across different CTI platforms.
- Integration of Machine Learning and AI is imperative to enhance the speed and accuracy of threat detection in CTI networking.
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Cybertalk
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Image Credit: Cybertalk
How AI can benefit zero trust
- AI can enhance zero trust initiatives by providing adaptive access controls.
- AI-powered zero trust access controls can customize permissions based on user evaluations.
- AI can improve privileged access management and enforce strict controls.
- AI-based tools enable faster detection and response to potential security breaches in zero trust architecture.
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