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World

FBI blame North Korean hackers for stealing $600 million in cryptocurrency from video gaming company

The FBI on Thursday blamed hackers associated with the North Korean government for stealing more than $600 million in cryptocurrency last month from a video gaming company. “Through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK, are responsible for the theft of $620 million in Ethereum […]

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World

Israel’s government to examine police hacking claims

Israel’s government to set up a commission of inquiry to examine allegations that the police used spyware to hack the phones of Israeli public figures without authorisation. Officials, protesters, journalists and a son of former Prime Minister Benjamin Netanyahu were targeted without court orders, the newspaper Calcalist said. A witness in Mr Netanyahu’s corruption trial […]

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World

Multiple oil transport and storage companies across Europe hit by cyber-attacks

Multiple oil transport and storage companies across Europe are dealing with cyber-attacks. IT systems have been disrupted at Oiltanking in Germany, SEA-Invest in Belgium and Evos in the Netherlands. In total dozens of terminals with oil storage and transport around the world have been affected, with firms reporting that the attacks occurred over the weekend. […]

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Tech

Microsoft finds destructive malware capable of wiping off user data

Destructive malware capable of wiping data has appeared on dozens of computer systems at Ukrainian organizations, including government agencies, non-profits and technology organizations, Microsoft warned. The disclosure is an added worry for Ukrainian government agencies after many of their websites were hacked this week and replaced with threatening messages to Ukrainians that their data had […]

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World

Russia dismantle ransomware crime group REvil and charged several of its members

Authorities in Russia say they have dismantled the ransomware crime group REvil and charged several of its members. The United States had offered a reward of up to $10 million for information leading to the gang members, following ransomware attacks. Russia’s intelligence bureau FSB said the group had “ceased to exist”. However, it does not […]

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Insane World

Cryptocurrency scammers stole record $14 billion in 2021

Scammers took home $14 billion in cryptocurrency in 2021, thanks in large part to the rise of decentralized finance (DeFi) platforms, according to new data from blockchain analytics firm Chainalysis. Losses from crypto-related crime rose 79 percent from a year earlier, driven by a spike in theft and scams. Scamming was the greatest form of […]

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World

Three former US intelligence operatives admit to working as ‘hackers-for-hire’ for UAE

Three “hackers-for-hire” working for a company in the United Arab Emirates “for the benefit” of the government in Abu Dhabi have agreed to pay $1.68 million in penalties as part of a legal settlement in the United States, the US Justice Department said. The suspects, two US citizens and one former American citizen, provided “zero-click” […]

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World

‘Blame our customers for misusing hacking software’: NSO Group

The makers of the Pegasus spyware software, NSO Group, blamed its customers for misusing its software to hack into phones of innocent people. The Israeli firm is facing international criticism, after reporters obtained a list of alleged potential targets for spyware, including activists, politicians and journalists. Investigations have begun as the list, of 50,000 phone numbers, […]

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Tech World

Authoritative governments use Israeli software to spy on activists, politicians and journalists: Report

Activists, politicians and journalists from around the world were targeted in a surveillance operation using software sold by the Israeli surveillance company NSO Group, according to an investigation into a massive data leak. The 17 media organizations worldwide released a report on Sunday said “authoritarian governments” abused the Pegasus software, “hacking 37 smartphones,” according to […]

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Business World

Cyberattack market to touch $6 trillion by the end of 2021

The cyber security market is expected to hit a market valuation of more than $217 billion by the end of 2021. The coronavirus pandemic accelerated the growth of this industry, as many corporations moved to work from home. Digital became the new business model in 2021, thus forcing organizations to use cyber security measures to […]

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Tech World

Ransomware hackers behind cyberattack of one million ‘systems’ demand $70 million in Bitcoin

Hackers who claim to have taken control of a million systems in a “colossal” ransomware attack have demanded $70 million be paid in return for a “universal decryptor” that it says will unlock the files of all victims. The REvil group claims its malware, which initially targeted US IT firm Kaseya, has hit one million […]

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Tech World

About 200 companies in the United States hit by ‘colossal’ ransomware cyber attack

Nearly 200 companies were hit by a “colossal” ransomware attack in the United States, according to a cyber-security firm. Huntress Labs said the hack targeted Florida-based IT company Kaseya before spreading through corporate networks that use its software. Kaseya said in a statement on its own website that it was investigating a “potential attack”. Huntress […]