Recent Security News
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Why Ransomware Could Surge in the Middle East & Africa
November 29, 2023 at 12:07PM Recent data indicate that cyberattacks, particularly ransomware, are intensifying in the Middle East and Africa due to geopolitical conflicts. South Africa experienced a sharp rise in attacks, whereas the UAE saw a decline following international efforts. Israel and its conflict with Palestinians are likely catalysts for further escalation. While cybercrime…
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US seizes Sinbad crypto mixer used by North Korean Lazarus hackers
November 29, 2023 at 11:54AM The U.S. Treasury has sanctioned and international authorities have seized Sinbad.io, a crypto mixer allegedly used by North Korean Lazarus hackers for laundering money, including millions from high-profile crypto heists. The operation involved the U.S., Netherlands, and Poland, targeting the service to prevent illegal activities. Meeting Takeaways: 1. The U.S.…
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Ringleader of Prolific Ransomware Gang Arrested in Ukraine
November 29, 2023 at 11:17AM Europol arrested a 32-year-old leader of a Ukrainian ransomware gang, suspected of global extortion. After searching 30 properties and seizing devices, four other suspects were detained. This gang, linked to major corporate attacks using various ransomwares, extorted millions and is part of an ongoing investigation with future arrests expected. Meeting…
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Keyless Goes Independent, Raises $6M for Biometric Authentication
November 29, 2023 at 10:54AM British startup Keyless has raised $6 million led by Rialto Ventures, totaling $26 million in funding. Keyless, now independent from Sift, develops privacy-focused biometric authentication technology that ensures secure user identity verification without storing biometric data, aiding in compliance with data protection laws like GDPR. Meeting Takeaways: 1. **Company Funding…
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Okta Broadens Scope of Data Breach: All Customer Support Users Affected
November 29, 2023 at 10:54AM Hackers accessed Okta’s support system and obtained names and email addresses of all customer support users, broadening the scope of the October breach. Initially thought to affect only 134 customers, the intrusion actually compromised data from all Okta WIC and CIS customers, except those in high-security government environments. No sensitive…