Beyond the hype: The business reality of AI for cybersecurity
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Ransomware attack disrupts Korea’s largest guarantee insurer
Bys sChoi Ji-Won reported on Tuesday: Seoul Guarantee Insurance, South Korea’s largest provider of guarantee insurance, has been crippled by a ransomware attack, with its core systems offline for a third straight day. The incident began early Monday, when SGI reported an “abnormal symptom” in its database system. By Tuesday afternoon, a joint investigation by the…
Identity Security: Your First and Last Line of Defense
Bys sThe danger isn’t that AI agents have bad days — it’s that they never do. They execute faithfully, even when what they’re executing is a mistake. A single misstep in logic or access can turn flawless automation into a flawless catastrophe. This isn’t some dystopian fantasy—it’s Tuesday at the office now. We’ve entered a new…
Coinbase says hackers bribed staff to steal customer data and are demanding $20 million ransom
Bys sTanaya Macheel reports on what appears to be a very costly attack that involved bribing overseas agents: Coinbase on Thursday reported that cyber criminals bribed overseas support agents to steal customer data to use in social engineering attacks. The incident may cost Coinbase up to $400 million to fix, the company estimated. The crypto exchange operator…
Microsoft Mitigates Record 5.72 Tbps DDoS Attack Driven by AISURU Botnet
Bys sMicrosoft on Monday disclosed that it automatically detected and neutralized a distributed denial-of-service (DDoS) attack targeting a single endpoint in Australia that measured 5.72 terabits per second (Tbps) and nearly 3.64 billion packets per second (pps). The tech giant said it was the largest DDoS attack ever observed in the cloud, and that it originated…
Federal judiciary says it is boosting security after cyberattack; researcher finds new leaks
Bys sCNN reports: Federal court officials said Thursday that the judicial branch is taking steps to improve online security – including for sensitive case documents – after “escalated cyberattacks” aimed at its case management system. “The federal Judiciary is taking additional steps to strengthen protections for sensitive case documents in response to recent escalated cyberattacks of……
Fake Booking Emails Redirect Hotel Staff to Fake BSoD Pages Delivering DCRat
Bys sSource: Securonix Cybersecurity researchers have disclosed details of a new campaign dubbed PHALT#BLYX that has leveraged ClickFix-style lures to display fixes for fake blue screen of death (BSoD) errors in attacks targeting the European hospitality sector. The end goal of the multi-stage campaign is to deliver a remote access trojan known as DCRat, according to…