Operation Synergia II sees Interpol swoop on global cyber crims

November 6, 2024 at 10:34AM Interpol’s Operation Synergia II resulted in 41 arrests and significant seizures targeting online criminals in 95 countries. The operation, supported by major cybersecurity firms, dismantled criminal infrastructure, shutting down 22,000 IP addresses and controlling 59 servers. Investigations continue for 65 individuals linked to cyber crime activities. **Meeting Takeaways: Operation Synergia … Read more

IBM acquires Indian SaaS startup Prescinto to shine a light on renewable energy assets

October 16, 2024 at 01:33AM IBM has acquired Prescinto, a Bangalore-based asset performance management software provider, enhancing its Maximo Application Suite for renewable energy. Prescinto, active in 14 countries, manages significant infrastructure. In a related event, Binance assisted police in dismantling a scam in Delhi targeting solar investors, resulting in multiple arrests. ### Meeting Notes … Read more

Election Day is Close, the Threat of Cyber Disruption is Real

October 15, 2024 at 03:08PM A new threat report highlights a significant risk of disruption to November’s Election Day, emphasizing the severity and reality of potential cyber threats. The findings suggest vigilance is crucial in safeguarding the electoral process from these emerging dangers. **Meeting Takeaways:** 1. **Severity of Threat:** There is a high potential for … Read more

OpenAI Blocks 20 Global Malicious Campaigns Using AI for Cybercrime and Disinformation

October 10, 2024 at 09:33AM OpenAI reported disrupting over 20 malicious operations this year, targeting deceptive use of its platform, including malware and social media manipulation. Notably, cyber operations involved groups from China and Iran attempting to exploit AI for harmful activities, while emphasizing that significant breakthroughs in malware development were not evident. ### Meeting … Read more

OpenGradient Raises $8.5M to Decentralize AI Infrastructure and Accelerate Secure, Open-Source AI

October 9, 2024 at 05:21PM OpenGradient, a decentralized AI infrastructure company, has raised $8.5M in seed funding to enhance open-source AI accessibility and deployment. Their platform offers scalable AI compute on-chain, simplifying the development of secure decentralized applications. Notable investors include a16z and Coinbase Ventures, with a testnet launch planned for Q4 2024. ### Meeting … Read more

Recent Dr.Web cyberattack claimed by pro-Ukrainian hacktivists

October 9, 2024 at 11:55AM Pro-Ukrainian hacktivists, DumpForums, claimed responsibility for a September breach of Russian security company Doctor Web, accessing and stealing approximately ten terabytes of data. Doctor Web confirmed the breach but denied data theft claims and ransom demands, asserting an investigation is ongoing while ensuring user data remains secure. ### Meeting Takeaways … Read more

Nigerian Law Enforcement Agency Advised to Retrain African Cybercriminals

January 19, 2024 at 06:16AM Nigerian cybersecurity expert Chidiebere Ihediwa suggested retraining online scammers as information technology specialists to benefit the country. He highlighted that redirecting their knowledge to legitimate tech roles for educated young men among the fraudsters could be more advantageous than letting them sit in jail. This strategy aims to utilize their … Read more