Latest Cybersecurity News and Articles

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Report: Cyber Workforce Grows 15% at Large Organizations

Large organizations have significantly bolstered their cybersecurity workforce in 2024, with an average of one expert dedicated to cybersecurity for every 1,086 employees in companies with over $1 billion in revenue, as per a report by Wavestone.

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Latest Intel CPUs Impacted by New Indirector Side-Channel Attack

Researchers at the University of California, San Diego have discovered a new type of attack called 'Indirector' that targets modern Intel processors, including those from the Raptor Lake and Alder Lake generations.

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How MFA Failures are Fueling a 500% Surge in Ransomware Losses

The cybersecurity threat landscape has witnessed a dramatic and alarming rise in the average ransomware payment, an increase exceeding 500%. Sophos, a global leader in cybersecurity, revealed in its annual "State of Ransomware 2024" report that the average ransom payment has increased 500% in the last year with organizations that paid a ransom reporting an average payment of $2 million, up from

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Indonesia Arrests Over 100 Foreigners in Bali Suspected of Participating in Cybercrime

Over a hundred foreign nationals suspected of committing cybercrimes were arrested in a villa raid on Bali. Among the arrested, 14 were Taiwanese citizens, but the identities of the others are unknown, although all held Taiwanese passports.

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New Intel CPU Vulnerability 'Indirector' Exposes Sensitive Data

Modern CPUs from Intel, including Raptor Lake and Alder Lake, have been found vulnerable to a new side-channel attack that could be exploited to leak sensitive information from the processors. The attack, codenamed Indirector by security researchers Luyi Li, Hosein Yavarzadeh, and Dean Tullsen, leverages shortcomings identified in Indirect Branch Predictor (IBP) and the Branch Target Buffer (BTB

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CISOs Becoming More Comfortable With Risk Levels

The cyber threats landscape has led to changes in the way CISOs evaluate their business's risk appetite, causing tensions with CEO and C-suite members, according to Netskope.

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Google Thwarts Over 10,000 Attempts by Chinese Influence Operator

Google has revealed that it blocked over 10,000 instances of Dragon Bridge activity in the first quarter of 2024, labeling it the most prolific influence operator it tracks.

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Update: Hackers Copied Employee Directory Data and Encrypted Passwords in TeamViewer Intrusion

Software company TeamViewer has confirmed that a compromised employee account allowed hackers from a group tracked as APT29, linked to the Russian government, to breach its internal IT environment and steal encrypted passwords.

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National Australia Bank Raises Alarm About Cyber Threats to Major Banks

Australia's four major banks, including ANZ Bank, Commonwealth Bank, National Australia Bank (NAB), and Westpac, are constantly under attack from threat actors seeking to steal sensitive information and money from unsuspecting customers.

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Industrial cyberattacks fuel surge in OT cybersecurity spending

Enterprise spending on OT cybersecurity is predicted to increase by almost 70% to $21.6 billion globally by 2028, up from $12.75 billion in 2023, driven by attacks and regulation, according to ABI Research.

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China’s ‘Velvet Ant’ Hackers Caught Exploiting New Zero-Day in Cisco Devices

The vulnerability, known as CVE-2024-20399, affects Cisco NX-OS software used for Nexus-series switches. Sygnia discovered the vulnerability during an investigation into the threat group Velvet Ant.

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Sanctioned and Exposed, Predator Spyware Maker Group Has Gone Awfully Quiet

The group behind the Predator spyware, Intellexa Alliance, has significantly reduced its operations, indicating that it has been impacted by recent sanctions and exposure.

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Brighton Park Capital Invests $112 Million in PortSwigger to Fuel Innovation and Product Development

The investment will fuel PortSwigger's growth and enable the company to accelerate product development, expand research initiatives, strengthen its international presence, and continue driving innovation.

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Poland to Probe Russia-Linked Cyberattack on State News Agency

Polish prosecutors are investigating a suspected Russian attack on the country's state news agency, the Polish Press Agency (PAP). The attack, which occurred in May, aimed to spread disinformation and cause disruptions in Poland's system or economy.

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Korean ERP Vendor’s Update Systems Subverted to Spew Malware

A South Korean ERP vendor's product update server was breached by attackers who used it to distribute malware instead of legitimate updates, according to AhnLab, a local cybersecurity firm.

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AuthZed Raises $12 Million to Accelerate Permissions Systems in Series A Funding

The new funding will accelerate a strategic expansion for small–to mid-market-sized organizations, providing a fully managed and easy-to-deploy permissions system that is simple to maintain for their current and future authorization needs.

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Meta's 'Pay or Consent' Approach Faces E.U. Competition Rules Scrutiny

Meta's decision to offer an ad-free subscription in the European Union (E.U.) has faced a new setback after regulators accused the social media behemoth of breaching the bloc's competition rules by forcing users to choose between seeing ads or paying to avoid them. The European Commission said the company's "pay or consent" advertising model is in contravention of the Digital Markets Act (DMA).

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Chinese Hackers Exploiting Cisco Switches Zero-Day to Deliver Malware

A China-nexus cyber espionage group named Velvet Ant has been observed exploiting a zero-day flaw in Cisco NX-OS Software used in its switches to deliver malware. The vulnerability, tracked as CVE-2024-20399 (CVSS score: 6.0), concerns a case of command injection that allows an authenticated, local attacker to execute arbitrary commands as root on the underlying operating system of an affected

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Australian Man Charged for Fake Wi-Fi Scam on Domestic Flights

An Australian man has been charged with running a fake Wi-Fi access point during a domestic flight with an aim to steal user credentials and data. The unnamed 42-year-old "allegedly established fake free Wi-Fi access points, which mimicked legitimate networks, to capture personal data from unsuspecting victims who mistakenly connected to them," the Australian Federal Police (AFP) said in a press

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Critical Flaws in CocoaPods Expose iOS and macOS Apps to Supply Chain Attacks

A trio of security flaws has been uncovered in the CocoaPods dependency manager for Swift and Objective-C Cocoa projects that could be exploited to stage software supply chain attacks, putting downstream customers at severe risks. The vulnerabilities allow "any malicious actor to claim ownership over thousands of unclaimed pods and insert malicious code into many of the most popular iOS and