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Tag: cyberdefense
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Chinese Hackers Clone Crypto Wallets to Steal Users’ Funds
Highly technically sophisticated thieves are stealing cryptocurrency by impersonating popular smartphone wallet apps for the Apple and Android platforms. Researchers at security firm Confiant say the theft campaign is run by China-linked threat actors. Dubbed SeaFlower, the campaign mainly targets users of Chinese search engines through links to malicious cryptocurrency wallet apps mostly from MetaMask, Coinbase, imToken… Read more
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Homeland Security Gets $500 Million Budget Increase For CISA
House appropriators on Thursday approved a Homeland Security Department funding bill that would increase the Cybersecurity and Infrastructure Security Agency’s proposed budget by roughly $417 million. The House Appropriations Homeland Security Subcommittee breezed through a markup of its nearly $86 billion DHS spending bill, which includes $2.93 billion for CISA in fiscal year 2023 —… Read more
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Japan Increases Fines and Adds a Potential Year Long Jail Term for Cyber Bullying
Insulting someone online in Japan is set to carry a much more serious punishment starting this summer after new legislation was passed through parliament in the country. The existing punishment for online insults may already be viewed by some as quite severe, earning a person up to 30 days in prison and a fine of… Read more
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Helix22 Can Maybe Relieve the Stress on IT Professionals
Security researchers have warned of “increasing and unsustainable stress levels” in the cybersecurity workforce resulting from persistent ransomware threats and looming, large-scale attacks, which are pushing security professionals towards abandoning the industry altogether. A report by cybersecurity company Deep Instinct found that 46% of senior and executive-level cybersecurity professionals have considered quitting the industry due… Read more
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Cybercrime Group Publishes A Searchable Website For Stolen Data In An Attempt To Shame A Payment
Cybercrime groups that specialize in stealing corporate data and demanding a ransom not to publish it have tried countless approaches to shaming their victims into paying. The latest innovation in ratcheting up the heat comes from the ALPHV/BlackCat ransomware group, which has traditionally published any stolen victim data on the Dark Web. Today, however, the group began… Read more
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European Union To Expand and Toughen Cybersecurity Rules
All 27 members of the European Union, on May 19, agreed to bring in tougher cybersecurity rules with their agreement on the new Network and Information Security (NIS2) Directive, which was first proposed in December, 2020. The new measures, created in response to increased digitisation and the rise of malicious cyber activity globally, look to boost… Read more
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37 Tech Firms Sign Cyber Resilience Pledge – Helix22 Is Cyber Resilience
The Coalition to Reduce Cyber Risk (CR2) announced this week that it has been joined by 37 organizations across eight countries in signing a pledge to improve cyber resilience and combat threats such as ransomware. This shows, CR2 notes, that organizations are aware of the importance of collaboration in countering evolving threats and in implementing… Read more
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CISA Warns China State-Sponsored Cyber Actors Are Exploiting Network Providers and Devices
US federal agencies today revealed that Chinese-backed threat actors have targeted and compromised major telecommunications companies and network service providers to steal credentials and harvest data. As the NSA, CISA, and the FBI said in a joint cybersecurity advisory published on Tuesday, Chinese hacking groups have exploited publicly known vulnerabilities to breach anything from unpatched… Read more
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80% of Firms Who Paid Ransomware Attacked a Second Time – Many Within a Month By Same Attackers
A new survey from Cybereason indicated that 73% of respondents revealed that their organization was targeted by at least one ransomware attack over the past 24 months. That percentage is up from 55% in Cybereason’s 2021 report. To pay or not to pay is a question every ransomware victim must decide. Among those who opted… Read more
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77% of IT Pros Implementing Zero Trust – Helix22 Delivers Zero Risk
The Cloud Security Alliance (CSA) on Monday released a new study that found some 77% of respondents are increasing their spend on zero trust over the next 12 months. CSA’s study, was based on responses from more than 800 IT and security professionals. The study polled the security pros on where zero trust falls as a priority within… Read more