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Cyber Security News
Securityaffairs
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FBI warns of malicious free online document converters spreading malware
- The FBI warns of a significant increase in scams involving free online document converters to infect users with malware.
- Threat actors are using malicious online document converters to steal sensitive information and infect systems with malware.
- Fake file converters and download tools can provide resulting files containing hidden malware, giving criminals access to victims' devices.
- The FBI advises staying cautious online, keeping antivirus software updated, and reporting any incidents to IC3.gov.
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Global Fintech Series
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Overcoming AI Silos: How Decentralized Data Marketplaces are Enabling Secure Financial Data Exchange
- Financial institutions face challenges due to data silos hindering AI-driven analytics, leading to limited data access, redundant efforts, and security risks.
- Decentralized data marketplaces use blockchain, encryption, and AI to enable secure financial data exchange and foster collaboration.
- These marketplaces address security concerns through zero-knowledge proofs, homomorphic encryption, and federated learning to protect data privacy.
- Regulatory compliance is ensured through blockchain audit trails, smart contracts, and self-sovereign identity in decentralized data marketplaces.
- Access to diverse datasets in decentralized marketplaces improves AI model performance for fraud detection, credit scoring, and predictive analytics.
- Tokenized incentives in decentralized marketplaces promote fair and transparent data monetization, benefiting both data providers and consumers.
- Real-world applications include open banking, fraud detection, cross-border payments, and decentralized credit scoring in financial services.
- Decentralized data marketplaces revolutionize secure financial data exchange by breaking AI silos, enhancing security, and fostering innovation.
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Silicon
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Gotbit Founder Pleads Guilty To Crypto Manipulation
- Aleksei Andriunin, founder of cryptocurrency firm Gotbit, has pleaded guilty to conspiracy to manipulate crypto token prices as part of a plea deal with US prosecutors.
- Andriunin faces charges for wire fraud, market manipulation, and conspiracy, which carry a maximum sentence of 25 years in prison.
- As part of the plea deal, Andriunin will likely spend up to two years in prison and forfeit approximately $23 million in crypto stablecoins.
- The arrest of Andriunin is part of a wider investigation led by the FBI, resulting in charges against 15 individuals and three companies.
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Gritdaily
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5 Thought Leadership Strategies for Cybersecurity Companies That Actually Work
- Real thought leadership in cybersecurity involves demonstrating genuine expertise to help others navigate complex topics efficiently.
- Sharing original research, analyzing trends, and publishing reports can establish thought leadership in the industry.
- Taking bold yet informed positions on industry issues and engaging in meaningful conversations is key to thought leadership.
- Utilizing press releases effectively to get featured in top cybersecurity publications requires newsworthy angles and original data.
- Building a personal brand for technical leaders, supporting them in contributing to open-source projects, and engaging on platforms like Twitter and LinkedIn can establish credibility.
- Creating educational content such as in-depth tutorials, easy-to-follow guides, and free tools helps security professionals improve their skills and knowledge.
- True thought leadership is earned through genuine expertise and a willingness to share knowledge generously with the community in the cybersecurity space.
- Thought leadership goes beyond mere marketing tactics to enrich the industry and elevate knowledge levels for everyone involved.
- Successful companies actively contribute to advancing security practices, share knowledge, acknowledge gaps, and continue to learn alongside the community.
- Implementing these strategies can lead to authentic thought leadership, earned through expertise and a commitment to sharing knowledge.
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Securityaffairs
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66
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Cloak ransomware group hacked the Virginia Attorney General’s Office
- The Cloak ransomware group claims responsibility for a cyberattack on the Virginia Attorney General’s Office that occurred in February.
- A cyberattack on the Virginia Attorney General’s Office forced officials to shut down IT systems, including email and VPN, and revert to paper filings.
- The group said that the waiting period had expired and claimed the theft of 134GB of sensitive data.
- The Cloak ransomware group has been active since at least 2023 and breached more than one hundred organizations across the years.
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Lastwatchdog
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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today
- Forrester emphasizes the need for companies to start transitioning to quantum-safe cryptography immediately, as the threat of quantum decryption looms.
- Nation-state actors are already accumulating encrypted data for potential future decryption using quantum computers.
- Major tech companies like Amazon, Google, and IBM are quickly adopting post-quantum cryptography, but the process is lengthy for most organizations.
- Forrester experts recommend organizations focus on inventorying cryptographic dependencies and upgrading key management to enhance security.
- Quantum security is not just a future concern but a current one, as powerful quantum computers may already exist.
- The transition to quantum-safe solutions can take three to five years due to the complexities involved in updating encryption methods.
- Organizations are advised to engage with vendors to understand their post-quantum cryptography migration plans.
- Cryptoagility, the ability to adapt quickly to new encryption standards, is being highlighted as crucial for security resilience.
- Financial services and government sectors are leading in implementing quantum-safe solutions due to the sensitivity of the data they handle.
- The first step for organizations to prepare for quantum security is to conduct a cryptographic inventory to prioritize migration to quantum-safe solutions.
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Medium
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Do You Ever Feel Like Your Phone is Listening to You? You’re Not Crazy!
- Your phone might be spying on you, collecting your data, listening to your conversations, and tracking your every move.
- To protect your privacy, you can disable location services, use a privacy-focused browser, get a VPN, and cover your camera.
- Disable Location Services: Stop apps from tracking your whereabouts when they don’t need to.
- Use a Privacy-Focused Browser: Switch to DuckDuckGo or Brave for safer browsing.
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TechBullion
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Emerging Careers in Cybersecurity: What You Need to Know
- Cybersecurity is a crucial field in today's digitally driven world, offering opportunities for technology and security enthusiasts.
- The demand for cybersecurity professionals is increasing due to the escalating global cybercrime and the need to protect digital infrastructures.
- Various roles within cybersecurity allow professionals to specialize and pursue careers based on their interests and strengths.
- Continuous learning, certifications, and adaptability are essential in the dynamic field of cybersecurity.
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Medium
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The Daily Tech Digest: 24 March 2025
- Google AI is researching the relationship between the human brain and large language models (LLMs) to understand how neural activity aligns with LLMs processing conversations.
- Meta's AI is introducing CollaborativeAgentBench, a benchmark to study how collaborative LLM agents work with humans in backend programming and frontend design.
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Wired
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Image Credit: Wired
Trump’s Aggression Sours Europe on US Cloud Giants
- The global backlash against the second Trump administration has led to a growing distrust of dominant US tech services in Europe, including Google Cloud, Microsoft Azure, and Amazon Web Services (AWS).
- European organizations are reconsidering their reliance on American cloud services due to concerns about privacy and data access under the Trump administration.
- There is a push in Europe to reduce dependence on US tech companies and shift towards European alternatives in light of perceived risks to security and reliability.
- Some European companies have already shown interest in moving away from US cloud providers to European-based options like Exoscale and Elastx.
- Concerns have been raised about data-sharing agreements between the EU and US, particularly in light of decisions made under the Trump administration.
- Some businesses in Europe have been transitioning their servers and databases from US providers to European services to prioritize privacy and data residency guarantees.
- While there are indications of a potential shift away from US tech firms, the impact is expected to be gradual and may be challenging for large businesses with significant data storage needs.
- European cloud analytics services have reported increased interest in European alternatives, indicating a growing trend towards seeking more technologically independent solutions.
- European companies face challenges in competing with the scale and offerings of big US cloud service providers like Google, Microsoft, and Amazon.
- Despite hurdles, there is a call for investments in European technology stacks to stimulate wider moves towards Europe-first cloud solutions amid changing geopolitical landscapes.
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Medium
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Pivoting for Hackers: Expanding Your Foothold in a Network
- Pivoting allows hackers to use a compromised system as a stepping stone to access other systems inside a network.
- Pivoting can be done in two main ways: Proxy-based Pivoting and VPN-based Pivoting.
- Practical pivoting techniques include using tools like Metasploit, SSH tunnels, Chisel, and Ligolo-NG.
- Defensive measures against pivoting include network segmentation, host-based firewalls, log monitoring, and multi-factor authentication (MFA).
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Itsecurityexpert
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UK Cybersecurity Weekly News Roundup - 23 March 2025
- NHS Scotland reports major cyberattack leading to disruptions in clinical systems and delayed patient care.
- NCSC urges UK organizations to patch vulnerable systems and be aware of malicious QR code campaigns.
- NCSC raises concerns over potential interference and disinformation efforts related to upcoming UK general election.
- Quick Bytes: HMRC phishing campaign, increased targeting of UK universities, ICO fines telemarketing firm for GDPR non-compliance.
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Dev
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13
Image Credit: Dev
The Impact of AI on Cybersecurity: A Detailed Overview
- Artificial Intelligence (AI) is reshaping cybersecurity by enhancing threat detection, automating tasks, and improving defense mechanisms.
- AI excels in anomaly detection, behavioral analytics, and real-time threat detection, enabling quicker responses to cyber threats.
- Automating cybersecurity tasks like incident response, patch management, and network monitoring enhances efficiency and reduces human error.
- AI-driven threat intelligence facilitates real-time data analysis, predictive insights, and automated data correlation for proactive security measures.
- AI enhances phishing protection through NLP analysis, machine learning models, and URL scrutiny to combat phishing attacks effectively.
- AI strengthens endpoint security by detecting malware, autonomously mitigating threats, and analyzing endpoint behaviors for suspicious activities.
- In identity and access management, AI improves authentication with biometrics, adaptive authentication, and access control to enhance security measures.
- While AI enhances cybersecurity, it also poses risks like automated phishing, AI-powered malware, and deepfakes used for social engineering by cybercriminals.
- Ethical concerns arise from AI's use in cybersecurity, including data privacy, biases in AI models, and potential implications on surveillance and personal freedoms.
- The future of AI in cybersecurity involves a balance between AI-driven defense mechanisms and human expertise to address evolving threats responsibly.
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Medium
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35
Coding: A Skill for the Future, Not Just a Career
- Coding teaches logic, creativity, and structured thinking, which are useful in business and decision-making.
- Tech skills are in high demand across industries, offering a lucrative career path.
- Coding provides flexibility in terms of remote work, freelancing, and entrepreneurship.
- You can learn to code through online courses, coding bootcamps, and practice without necessarily needing a university degree.
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Dev
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314
Image Credit: Dev
When Secrets Managers Are Useless
- Using a secrets manager comes at a cost: increased complexity, provider lock-in, another party in the chain of trust, performance overhead, potential single point of failure.
- The point of secrets managers is not to secure your secrets on the server, but to secure them when they are not on the server!
- At a certain scale dealing with .env files just becomes inconvenient to work with and it requires a lot of attention and maintenance to use them securely.
- Security isn't a yes-no question. Security is about reducing the possibilities something could go wrong at any stage of the process, from development to operations and beyond.
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