alt=Person interacting with a futuristic kitchen appliance touchscreen.
Cyber security
2025-01-10 Post a Comment

White House Plan to Secure Smart Devices Highlights Connected Economy Vulnerabilities

By PYMNTS  |  January 9, 2025 Digital transformation is a double-edged sword. From cloud computing and Internet of Things (IoT) to artificial intelligence-driven analytics and real-time payment systems, the connectivity ushered in by technological advances has unlocked opportunities for innovation and growth. The more connected the economy becomes, however, the more vulnerabilities there are for fraudsters to exploit. This makes cybersecurity increasingly crucial, as evidenced by the White House deploying a Cyber Trust Mark for connected consumer devices Tuesday […]

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alt=A Raspberry Pi transformed into an online anonymity tool, enhancing privacy and security.
Cyber security
2024-03-26 2 comments

Hackers Transform The Raspberry Pi Into An Online Anonymity Tool

ByBalaji: A new tool, GEOBOX, was advertised on the Dark Web that utilizes Raspberry Pi devices for fraud and anonymization, allowing users to spoof GPS locations, emulate network settings, mimic Wi-Fi access points, and bypass anti-fraud filters. Criminals were using multiple GEOBOX devices as proxies to enhance anonymity during an online banking theft investigation. Attackers are believed to utilize more custom-made or modified devices in the future, creating challenges for […]

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Cyber security
2024-02-10 Post a Comment

How security experts unravel ransomware

Katie Malone Senior Reporter It’s usually law enforcement, or a mistake by the ransomware gang, that lets them reverse the process. Hackers use ransomware to go after every industry, charging as much money as they can to return access to a victim’s files. It’s a lucrative business to be in. In the first six months of 2023, ransomware gangs bilked $449 million from their targets, even though most governments advise against paying ransoms. Increasingly, […]

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Cyber security
2024-02-08 Post a Comment

LockBit Ransomware Group Demands $11 Million From Government to Unlock Files

By Kaaviya Ragupathy A devastating ransomware attack by Lockbit recently targeted the charming city of Calvià in Majorca, Spain, which is well-known for its tourism appeal. This incident underscores the escalating audacity of ransomware groups targeting both governmental and corporate entities. ANY.RUN reported that the attack led to IT outages, suspending all administrative deadlines until January 31, 2024. ANY.RUN is a cloud malware sandbox that handles the heavy lifting of malware […]

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alt=A cartoon character holding a red folder, possibly containing ransomware.
Cyber security
2024-02-08 Post a Comment

The ransomware business is booming, even as enforcers shut down some major players

By Lauren Feiner,  Palo Alto Networks’ Unit 42 found a 49 percent bump in victims reported by ransomware leak sites in 2023. 2023 was a big year for ransomware groups, even as law enforcement around the world continued to crack down on attackers. Palo Alto Networks’ Unit 42, the threat intelligence firm, found a 49 percent bump in victims reported by ransomware leak sites, totaling nearly 4,000 posts to those sites […]

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