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 […]
Rocket Lab CEO's X Account Hacked: Company's Response
Peter Beck, the CEO of Rocket Lab, recently faced a significant security lapse when his X (formerly Twitter) account was hacked. This incident, which occurred on a Wednesday, has raised concerns about cybersecurity within the rapidly evolving aerospace industry. As a leading company in the small satellite launch sector, with a market valuation of $6.5 […]
Cybersecurity Vulnerabilities: The Case of SingTel and Volt Typhoon
In a recent incident, a state-sponsored hacking group linked to China, known as Volt Typhoon, reportedly breached Singapore Telecommunications (SingTel) in June 2024. This breach forms part of a broader campaign targeting telecommunication companies and critical infrastructure around the globe. The incident raises significant alarms about cybersecurity vulnerabilities in essential services that are often deemed […]
Australia’s New Satellite Strategy: Adapting to Emerging Threats
In recent years, Australia has witnessed a sea change in its defense strategy, particularly regarding its approach to satellite technology. The increasing sophistication of anti-satellite threats, coupled with rapid advances in technology, has prompted the Australian government to rethink its original plan, which focused on deploying a small number of large satellites. Instead, a network […]
UNDP Bahrain and Derasat Partner for Digital Transformation Report: A Roadmap for Progress
The United Nations Development Programme (UNDP) Bahrain, in collaboration with the Bahrain Center for Strategic, International, and Energy Studies (Derasat), has initiated a crucial partnership aimed at producing the National Human Development Report (NHDR) titled “Digital Transformation: A Roadmap for Progress.” This project seeks to leverage digital transformation as a pivotal tool for promoting inclusive […]
Google Researchers Discover First Vulnerability Using AI
In a groundbreaking development in cybersecurity, Google researchers have unveiled the first vulnerability identified by a large language model (LLM). This significant breakthrough involves a memory-safety issue in SQLite, a widely-used open-source database engine. The discovery not only highlights the potential of AI in enhancing software security but also represents a pivotal moment in the […]
Chinese Military Innovates with Meta's Llama AI Model
China’s People’s Liberation Army (PLA) has adapted Meta’s cutting-edge open-source AI model, Llama, to develop a specialized military tool called ChatBIT. This innovation primarily comes from researchers affiliated with the Academy of Military Science and other PLA-linked institutions. ChatBIT is fine-tuned for military applications, focusing on critical tasks such as decision-making and intelligence processing. Reports […]