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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

Emerging threats Cybercrime often exploits precisely the lack of regulation and centralized controls of cryptocurrencies to deceive investors and embezzle funds through various forms of phishing, investment scams, digital wallet theft, ransomware, and illegal mining.

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FTX Collapse Highlights the Cybersecurity Risks of Crypto

eSecurity Planet

“The FTX collapse will certainly have a lasting impact on the crypto industry,” said Muddu Sudhakar, co-founder and CEO of AI service experience firm Aisera. Security is another issue with the industry. The crypto industry has a checkered history with security. But this is more than a financial story. The Vulnerabilities.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Cybercrime is a growth industry like no other. A major focus of cybersecurity as an industry is its efforts to detect, root out, and respond to potential fraudsters attempting to trick companies and people out of their money, data, or both. In 2021 alone, IC3 received 847,376 complaints which amounted to $6.9 since Q3 of 2007.

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SHARED INTEL: Here’s one way to better leverage actionable intel from the profusion of threat feeds

The Last Watchdog

Keeping track of badness on the Internet has become a thriving cottage industry unto itself. Or it could be a botnet node carrying out tasks to destroy or exfiltrate data; or to put the attacker in a position to take over industrial controls, or to encrypt targeted assets as part of a ransomware caper. “We

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The Long Run of Shade Ransomware

Security Affairs

The last attack waves was pretty interesting because the criminals tried to impersonate Russian Oil and Gas companies, in particular the Russian’s “PAO NGK Slavneft”, probably to hit a portion of this industry segment. Shade encrypts all the user files using an AES encryption scheme. Technical analysis. Main of the JS script.

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Security Affairs newsletter Round 228

Security Affairs

The Cost of Dealing With a Cybersecurity Attack in These 4 Industries. million to allow towns to access encrypted data. Employees abused systems at Ukrainian nuclear power plant to mine cryptocurrency. Damage from Silence APT operations increases fivefold. The gang deploys new tools on its worldwide tour.

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Application modernization overview

IBM Big Data Hub

While the above is for application decomposition/design, event-storming needs process maps and this is where Generative AI assists in contextualizing and mapping extracts from process mining tools. applying this to applications in the scope of a modernization program—for a given industry or domain.

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