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Shadow IT is increasing and so are the associated security risks – CSO Online
Despite years of modernization initiatives, CISOs are still contending with an old-school problem: shadow IT, technology that operates within an enterprise but is not officially sanctioned or on the radar of the IT department. Unvetted software, services, and equipment can be nightmare fuel for a security team, potentially introducing a lurking host of vulnerabilities, entry points for bad actors, and malware
Ransomware as a Service (RaaS): Trends, Threats, and Mitigation … – EC-Council
Ransomware is an ever-evolving threat worldwide, affecting not only individuals but organizations, startups, governments, agencies, and high-profile enterprises. It is estimated that over 493.33 million ransomware attacks were launched globally in 2022, accounting for almost 9% of all malware attacks (Petrosyan, 2023a; Petrosyan, 2023b).
Artificial intelligence: As explosive, damaging as a nuclear bomb – The Jerusalem Post
Dozens of senior executives in Artificial Intelligence, academics and other famous people have signed a statement warning of global annihilation by AI, stating emphatically that fighting this threat of extinction should be a global priority and calling to reduce the grave risks of AI. "Reducing the risk of extinction from AI should be a global priority alongside other risks on a societal scale such as epidemics and nuclear war, read a statement that emphasized "wide-ranging concerns about the ultimate danger of uncontrolled AI." The statement was issued by the Center for AI Safety, or CAIS, a San Francisco-based research and field-building nonprofit, and was signed by leading figures in the industry including OpenAI CEO Sam Altman; the "godfather" of AI, Geoffrey Hinton; managers and senior researchers from Google DeepMind and Anthropic. Others who signed the statement included Kevin Scott, Chief Technology Officer of Microsoft; Bruce Schneier, internet security and cryptography pioneer; climate advocate and environmentalist Bill McKibben; musician Grimes, among others.
US steps up crackdown on crypto with lawsuits against Coinbase, Binance – Reuters
NEW YORK, June 6 (Reuters) - The top U.S.
Internet of Things (IoT) Security Market Next Big Thing | Major Giants Symantec, Cisco Systems, IBM, Verizon E – openPR
Internet of Things (IoT) Security Market Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/71217-global-internet-of-things-iot-security-market#utm_source=OpenPRKavita Some of the key players profiled in the study are: PTC Inc. (United States), Symantec Corporation (United States), Cisco Systems, Inc
Victims of MOVEit SQL injection zero-day mount up – ComputerWeekly.com
Multiple organisations are now coming forward to disclose that they have been affected by cyber attacks originating via a recently disclosed vulnerability in Progress Softwares MOVEit file transfer product, which is being widely exploited, including by ransomware operators. In the past 24 hours, organisations including the BBC, Boots and British Airways (BA) have all confirmed they have been impacted, with the BBC telling staff that ID numbers, dates of birth, home addresses and National Insurance numbers were compromised in the incident. BA staff have also been told their banking details may have been stolen
Ex-part owner of Minnesota Vikings gets over six years in cryptocurrency scam – MPR News
A former part owner of the Minnesota Vikings who defrauded a short-lived professional football league known as the Alliance of American Football in a $700 million cryptocurrency scam was sentenced Monday to over six years in prison. Reginald Fowler, 64, of Chandler, Arizona, was sentenced in Manhattan federal court to six years and three months in prison and was ordered to forfeit $740 million and pay restitution of $53 million. The Alliance of American Football met a speedyend in 2019when it ran out of money.
Seasonal Tokens And The Diamond-Water Paradox In Cryptocurrency – Benzinga
In the volatile world of cryptocurrencies, Seasonal Tokens have emerged as a promising potential avenue for traders to build wealth over time. These unique holdings serve various purposes, all ultimately contributing to their core function as a reliable store of value. Unlike many cryptocurrencies which are purely fueled by speculation and unviable tokenomics, Seasonal Tokens serve multiple purposes from farming and tipping to hedging all working toward the broader goal of being a beneficial store of value
Why millions of usable hard drives are being destroyed – BBC
5 June 2023 Image source, Getty Images Millions of usable hard drives are destroyed every year Millions of storage devices are being shredded each year, even though they could be reused.
New Malware Campaign Leveraging Satacom Downloader to Steal Cryptocurrency – The Hacker News
A recent malware campaign has been found to leverage Satacom downloader as a conduit to deploy stealthy malware capable of siphoning cryptocurrency using a rogue extension for Chromium-based browsers. "The main purpose of the malware that is dropped by the Satacom downloader is to steal BTC from the victim's account by performing web injections into targeted cryptocurrency websites," Kaspersky researchers Haim Zigel and Oleg Kupreev said.