The increasing prevalence of cyber threats has compelled the US Senate to take significant action against potential foreign interference in critical infrastructure. A Senate Judiciary subcommittee plans to hold a hearing aimed at examining allegations of Chinese hacking targeting American telecommunications companies. Scheduled for this Tuesday, the hearing will be led by Senator Richard Blumenthal, […]
Trump Deepfake Scam Bot Targets Crypto Users
In the realm of cryptocurrency, appetites for quick returns often lead individuals to uncharted waters. However, recent discoveries have unveiled a disturbing trend where scammers leverage advanced technology and public personas to exploit unsuspecting users. A Moscow-based cybercrime prevention firm, FACCT, has reported that a bot is being used to create deepfake videos of public […]
Turkey Sanctions Twitch for User Data Breach
In recent developments, Turkey’s Personal Data Protection Board (KVKK) has imposed a significant fine on Amazon’s popular live-streaming platform, Twitch, amounting to 2 million lira (approximately $58,000). This hefty penalty follows a serious data breach that exposed 125 GB of sensitive information belonging to over 35,000 users in Turkey. The adverse incident highlights the critical […]
T-Mobile Targeted in Chinese Cyber-Espionage Campaign
In a troubling development for U.S. telecommunications, T-Mobile has emerged as a significant target in a sophisticated cyber-espionage campaign linked to Chinese intelligence operatives. Recent reports by the Wall Street Journal indicate that these attackers infiltrated multiple telecom networks, aiming to monitor cellphone communications of high-profile intelligence subjects. T-Mobile acknowledged the attack, affirming awareness of […]
Tech Entrepreneur Sentenced for Bitcoin Theft
Ilya Lichtenstein, a New York tech entrepreneur, has received a five-year prison sentence for laundering stolen cryptocurrency from Bitfinex, one of the world’s largest cryptocurrency exchanges. The case highlights significant issues surrounding cybersecurity and cryptocurrency theft, raising questions about regulatory measures and the responsibilities of cryptocurrency platforms. In 2016, Lichtenstein was involved in a sophisticated […]
KEMS-Zajil Telecom and MBCOM Technologies Partner to Boost Digital Infrastructure and Cybersecurity in the Middle East
Kuwait’s KEMS-Zajil Telecom and Emirates MBCOM Technologies have formed a strategic partnership aimed at enhancing digital infrastructure and cybersecurity throughout the Middle East. This collaboration, formalized through a Memorandum of Understanding (MoU) on October 16, 2024, is designed to address the growing need for secure and scalable digital services among businesses in the region. As […]
EU Commissioner Calls for Tougher 5G Security Measures
In a high-stakes conversation about the future of telecommunications in Europe, Henna Virkkunen, the newly appointed European Commissioner for Tech Sovereignty, Security, and Democracy, underscored the pressing need for robust actions against high-risk telecom suppliers. Notably, she expressed concerns regarding the lack of decisive steps taken by EU member states to exclude prominent Chinese firms […]
GIGA Investor Loses $6 Million in Phishing Scam
In a baffling incident that underscores the vulnerabilities in the cryptocurrency landscape, a prominent GIGA investor has fallen prey to a sophisticated phishing scam that resulted in a staggering loss of $6.09 million. The attacker executed a cunning strategy, tricking the investor into clicking on a counterfeit Zoom link, which led to the installation of […]
Datadog Increases Forecasts Following Strong AI Sales
In an era where technology and innovation intersect seamlessly, few companies capture the spirit of progress quite like Datadog. Recently, this cloud monitoring firm made headlines by raising its annual revenue and profit forecasts, a move attributed primarily to the surging demand for its AI-based cybersecurity solutions. Positioned at the crossroads of cloud services and […]
Revolutionizing Access Control: The Case for CardLab's Biometric Solutions
Have you ever tried to work out how many passwords you are using and how many tricks you are making to try to remember them? The result is often that the same password, or a simple variation of it, is used across 25 or more different applications. This situation poses a significant risk, both for […]