February, 2024

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Record-Breaking Ransomware Profits Surpassed $1B in 2023

Data Breach Today

Ongoing Innovation and Sophistication Drive Unparalleled Profits Attackers wielding ransomware collectively earned over $1 billion last year - breaking previous records. Their increasingly sophisticated attacks targeted "high-profile institutions and critical infrastructure, including hospitals, schools and government," reported Chainalysis.

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U.S. Internet Leaked Years of Internal, Customer Emails

Krebs on Security

The Minnesota-based Internet provider U.S. Internet Corp. has a business unit called Securence , which specializes in providing filtered, secure email services to businesses, educational institutions and government agencies worldwide. But until it was notified last week, U.S. Internet was publishing more than a decade’s worth of its internal email — and that of thousands of Securence clients — in plain text out on the Internet and just a click away for anyone with a Web browser

Education 330
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Researchers found a zero-click Facebook account takeover

Security Affairs

A critical vulnerability in Facebook could have allowed threat actors to hijack any Facebook account, researcher warns. Meta addressed a critical Facebook vulnerability that could have allowed attackers to take control of any account. The Nepalese researcher Samip Aryal described the flaw as a rate-limiting issue in a specific endpoint of Facebook’s password reset flow.

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How Thales and Red Hat Protect Telcos from API Attacks

Thales Cloud Protection & Licensing

How Thales and Red Hat Protect Telcos from API Attacks madhav Thu, 02/22/2024 - 04:55 Application programming interfaces (APIs) power nearly every aspect of modern applications and have become the backbone of today’s economy. Every time you send a mobile payment, search for airline flight prices, or book a restaurant reservation - you are using an API.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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RETVec: Resilient and Efficient Text Vectorizer

Elie

This research study presented at NeurIPS 2024 introduces RETVec, a robust and multilingual text vectorizer that provides efficiency and resilience against typos and adversarial attacks for neural-based text processing.

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Fraudsters Deepfake Entire Meeting, Swindle $25.5M

Data Breach Today

Hong Kong Company Scammed After Criminals Used Deepfake Technology to Imitate CFO Fraudsters used deepfake technology to trick an employee at a Hong Kong-based multinational company to transfer $25.57 million to their bank accounts. Hong Kong Police said Sunday that the fraudsters had created deepfake likenesses of top company executives in a video conference to fool the worker.

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Microsoft Is Spying on Users of Its AI Tools

Schneier on Security

Microsoft announced that it caught Chinese, Russian, and Iranian hackers using its AI tools—presumably coding tools—to improve their hacking abilities. From their report : In collaboration with OpenAI, we are sharing threat intelligence showing detected state affiliated adversaries—tracked as Forest Blizzard, Emerald Sleet, Crimson Sandstorm, Charcoal Typhoon, and Salmon Typhoon—using LLMs to augment cyberoperations.

IT 133
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U.S. CISA: hackers breached a state government organization

Security Affairs

U.S. CISA revealed that threat actors breached an unnamed state government organization via an administrator account belonging to a former employee. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) revealed that a threat actor gained access to an unnamed state government organization’s network environment via an administrator account belonging to a former employee.

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Generative AI use cases for the enterprise

IBM Big Data Hub

Remember how cool it felt when you first held a smartphone in your hand? The compact design and touch-based interactivity seemed like a leap into the future. Before long, smartphones became a way of life for organizations worldwide because of all they offer for business productivity and communication. Generative AI ( artificial intelligence ) promises a similar leap in productivity and the emergence of new modes of working and creating.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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China Plans to Accelerate Cross-Border Data Transfers by Implementing Trial Rules in Shanghai Pilot Free Trade Zone

Hunton Privacy

Recent developments in the Shanghai Pilot Free Trade Zone to facilitate cross-border data transfers are expected to provide greater flexibility in exporting data from China, which has been stymied by the Cyberspace Administration of China (“CAC”)’s strict cross-border data transfer regulations proposed in December 2023. In recent years, the legal framework and practical enforcement for cross-border data transfers in China have undergone significant developments, especially with respect to the CA

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Leak of Russian ‘Threat’ Part of a Bid to Kill US Surveillance Reform, Sources Say

WIRED Threat Level

A surprise disclosure of a national security threat by the House Intelligence chair was part of an effort to block legislation that aimed to limit cops and spies from buying Americans' private data.

Security 133
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FBI Is Focused on Election Integrity, Misinformation Threats

Data Breach Today

Agent Robert K. Tripp on FBI's Approach to Deepfakes, Nation-State Election Threats The U.S. presidential election is still eight months away, but the FBI is already seeing its share of cyberattacks, nation-state threats and AI-generated deepfakes. According to FBI Agent Robert K. Tripp, "We're no longer considering threats as a what-if situation; it's happening now.

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Facebook’s Extensive Surveillance Network

Schneier on Security

Consumer Reports is reporting that Facebook has built a massive surveillance network: Using a panel of 709 volunteers who shared archives of their Facebook data, Consumer Reports found that a total of 186,892 companies sent data about them to the social network. On average, each participant in the study had their data sent to Facebook by 2,230 companies.

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How and Why Should You Be Tracking Geopolitical Risk?

Geopolitical risk is now at the top of the agenda for CEOs. But tracking it can be difficult. The world is more interconnected than ever, whether in terms of economics and supply chains or technology and communication. Geopolitically, however, it is becoming increasingly fragmented – threatening the operations, financial well-being, and security of globally connected companies.

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ESET fixed high-severity local privilege escalation bug in Windows products

Security Affairs

Cybersecurity firm ESET has addressed a high-severity elevation of privilege vulnerability in its Windows security solution. ESET addressed a high-severity vulnerability, tracked as CVE-2024-0353 (CVSS score 7.8), in its Windows products. The vulnerability is a local privilege escalation issue that was submitted to the company by the Zero Day Initiative (ZDI).

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

In an era of accelerating climate change , predicting the near-future can yield major benefits. For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. When farmers in drought-prone regions are able to predict which crops are susceptible to failure , they can deploy additional irrigation.

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UK ICO Warns Organizations to Make Advertising Cookies Compliant Following Call to Action

Hunton Privacy

In November 2023, the UK Information Commissioner’s Office (“ICO”) wrote to organizations operating 53 of the UK’s biggest websites regarding their compliance with data protection laws when using cookies. On January 31, 2024, the ICO released a statement on such action noting that it received “an overwhelmingly positive response” with 38 of those organizations having changed their cookie banners in order to come into compliance.

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Your CVSS Questions Answered

IT Governance

What the Common Vulnerability Scoring System is, how to use it, limitations and alternatives, and key changes in CVSS v4.0 Our senior penetration tester Leon Teale has more than ten years’ experience performing penetration tests for clients in various industries all over the world. In addition, he’s won hackathon events in the UK and internationally, and is accredited for multiple bug bounties.

IoT 118
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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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Hack at Software Services Firm Affects 57,000 BoA Customers

Data Breach Today

InfoSys McCamish Says Incident Involved BoA's Deferred Compensation Plan Customers Bank of America is notifying more than 57,000 customers that their information, including Social Security numbers, was potentially compromised in a hacking incident last November at Atlanta, Georgia-based insurance software firm InfoSys McCamish. BoA says none of its systems were affected.

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Another Ransomware-as-a-Service Known as “Wing” Takes Flight on the Dark Web

KnowBe4

Analysis of this newly-spotted service makes it clear that the newest entrant into the Ransomware-as-a-Service (RaaS) space has taken note of where predecessors are lacking and launched a better product.

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A cyber attack hit the Royal Canadian Mounted Police

Security Affairs

A cyber attack hit the Royal Canadian Mounted Police (RCMP), the federal and national law enforcement agency of Canada. The Royal Canadian Mounted Police (RCMP), the federal and national law enforcement agency of Canada, confirmed that it was the target of a cyber attack. RCMP also notified the Office of the Privacy Commissioner (OPC). The police have launched an investigation into the cyber attack and urged its staff to stay vigilant. “The situation is evolving quickly but at this time, t

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London Underground Is Testing Real-Time AI Surveillance Tools to Spot Crime

WIRED Threat Level

In a test at one station, Transport for London used a computer vision system to try and detect crime and weapons, people falling on the tracks, and fare dodgers, documents obtained by WIRED show.

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Strategic CX: A Deep Dive into Voice of the Customer Insights for Clarity

Speaker: Nicholas Zeisler, CX Strategist & Fractional CXO

The first step in a successful Customer Experience endeavor (or for that matter, any business proposition) is to find out what’s wrong. If you can’t identify it, you can’t fix it! 💡 That’s where the Voice of the Customer (VoC) comes in. Today, far too many brands do VoC simply because that’s what they think they’re supposed to do; that’s what all their competitors do.

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CIPL Releases White Paper on Accountable AI Best Practices

Hunton Privacy

On February 21, 2024, the Centre for Information Policy Leadership at Hunton Andrews Kurth LLP (“CIPL”) published a white paper on Building Accountable AI Programs: Mapping Emerging Best Practices to the CIPL Accountability Framework. The white paper showcases how 20 leading organizations are developing accountable AI programs and best practices. The white paper discusses how organizational accountability is fundamental to the responsible development and deployment of AI.

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Maintaining GDPR and Data Privacy Compliance in 2024

IT Governance

Expert tips from Alan Calder Alan is the Group CEO of GRC International Group PLC, the parent company of IT Governance, and is an acknowledged international security guru. He’s also an award-winning author, and has been involved in developing a wide range of information security and data privacy training courses, has consulted for clients across the globe, and is a regular media commentator and speaker.

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Chinese Hacking Contractor iSoon Leaks Internal Documents

Data Breach Today

Company Mainly Hacked for the Ministry of Public Security An apparent leak of internal documents from a Chinese hacking contractor paints a picture of a disaffected, poorly paid workforce that nonetheless penetrated multiple regional governments and possibly NATO. Multiple experts told Information Security Media Group the documents appear to be legitimate.

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Recent Tesla Hacks Highlight Importance of Protecting Connected Devices

eSecurity Planet

Within the last couple of months, smart device vulnerabilities have been piling up, prompting businesses to protect their Internet of Things (IoT) environments. But that doesn’t just include thermostats, printers, and other connected devices that you have to protect — it now means electric cars, too. Teslas have plenty of vulnerabilities, as cybersecurity researchers have recently discovered.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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9 Possible Ways Hackers Can Use Public Wi-Fi to Steal Your Sensitive Data

Security Affairs

Exploring the Risks: Unveiling 9 Potential Techniques Hackers Employ to Exploit Public Wi-Fi and Compromise Your Sensitive Data We’ve all used public Wi-Fi: it’s convenient, saves our data, and speeds up browsing. But while we enjoy its benefits, hackers do too. Here, we’ll explore how cybercriminals exploit public Wi-Fi to access your private data and possibly steal your identity.

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Change Healthcare Ransomware Attack: BlackCat Hackers Quickly Returned After FBI Bust

WIRED Threat Level

Two months ago, the FBI “disrupted” the BlackCat ransomware group. They're already back—and their latest attack is causing delays at pharmacies across the US.

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HHS Targets Small Behavioral Health Clinic for HIPAA Violations Following Ransomware Investigation

Hunton Privacy

On February 21, 2024, the U.S. Department of Health and Human Services’ Office for Civil Rights (“OCR”) entered into a resolution agreement and corrective action plan with Green Ridge Behavioral Health LLC (“GRBH”) stemming from the organization’s failure to comply with the Privacy and Security Rules of the Health Insurance Portability and Accountability Act (“HIPAA”) and subsequent failure to protect against a 2019 ransomware attack that impacted the personal health information (“PHI”) of more