cybersecurity
EU telecom ministers today (21 May) called upon the next European Commission to leave enough time for coherent implementation of tech laws, instead of presenting more digital regulation. In their “Future of Digital Policy” conclusions, meant as input for the incoming Commission which will begin after the EU elections, ministers from the 27 countries noted the “significant number” of EU legislative acts that have been adopted in recent years, and “stress the need to prioritise in the coming years their effective and efficient implementation." The Commission led by Ursula von der Leyen presented...
Euronews (English)
Arup, a British engineering giant, fell victim to a sophisticated deepfake scam. An employee, duped by an AI-generated video call, unknowingly transferred HK$200 million (£20 million / $25 million) to criminals. Back in February, Hong Kong police revealed a case in which a worker at an undisclosed company fell victim to a hoax call. "Posing as senior officers of the company," the scammers tricked the worker into transferring significant sums of money. Deepfake Scam Targets Arup: Millions LostArup later confirmed that it was the company targeted in the February fraud case reported by Hong Kong ...
IBTimes
An Arizona woman is facing charges for helping North Koreans obtain remote US jobs and transfer earnings to North Korea, which violates US sanctions. According to the US Attorney's Office for the District of Columbia, Christina Marie Chapman, 49, was arrested on Thursday and charged with nine counts, including conspiracy to defraud the United States. Five people, including Chapman, are being prosecuted by the U.S. Justice Department for their alleged involvement in a North Korean scheme that placed overseas IT workers posing as US citizens and residents in remote positions at US companies. "As...
IBTimes
Two brothers, both former Massachusetts Institute of Technology (MIT) students, were arrested on Wednesday for allegedly perpetrating a first-of-its-kind scheme to exploit the Ethereum blockchain and steal $25 million (£19.71 million) in cryptocurrency. Manhattan federal prosecutors described the scheme of Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, a "novel" attack on the Ethereum blockchain, marking the first US criminal case of its kind. First-of-its-Kind Scheme Exploited Ethereum BlockchainIn April 2023, the Peraire-Bueno brothers pulled off a daring $25 million cryptocurrency he...
IBTimes
In a collaborative effort, Apple and Google have developed an industry-standard detection feature called "Detecting Unwanted Location Trackers" (DULT) for Bluetooth trackers. This standard allows users on iOS and Android devices to be alerted if an unknown Bluetooth tracker is monitoring their location. Apple began implementing this feature on iPhones with the recently rolled-out iOS 17.5 update. Following in the footsteps of the Cupertino-based tech giant, Google is making it available on devices running Android 6.0 and later. This specification is designed to mitigate the misuse of devices d...
IBTimes
Cybercrime in Germany is on the rise and reported to be costing an estimated €148 billion in damage to the economy. Data revealed by the German authorities on Monday showed a 28% increase in cyberattacks by foreign organisations in 2023, particularly from Russia and China. "The threat level in the area of cyber security remains high," said German Interior Minister Nancy Faeser as she presented the national report on cybercrime. Some are after money ... And there are still some, especially private individuals, who just want to have fun. The number of cyberattacks from Russia had doubled over th...
Euronews (English)
Updating your password to be longer and contain a mix of letters, numbers, and symbols can increase the time it takes a hacker to crack it even as password encryption measures improve, according to the IT firm Hive Systems. The company released its 2024 password table which displays the time needed to hack a password using the best consumer-accessible hardware. The table is updated every year. Many websites currently require a password of at least eight characters with a mix of letters, numbers, or symbols, but we might be due for an upgrade, experts say, as a longer password offers a signific...
Euronews (English)
The breach, dating back to early 2024, was uncovered two weeks ago as the European Parliament intensified efforts to reinforce its cybersecurity in preparation for the upcoming European elections in June, a press officer from the European Parliament told Euronews. The compromised application which has now been taken offline is called 'PEOPLE', and collated sensitive information related to around 8,000 candidates for temporary positions (including parliamentary assistants and contractual agents) and provided them with details about the recruitment process. "All active or past users potentially ...
Euronews (English)
A Chinese man used thousands of smartphones to inflate his live-stream viewer counts artificially. This traffic fraud scheme enabled him to amass 3 million yuan (about £332435.75) in under four months. Previously, he also offered services to live-streamers seeking to enhance their online presence. Authorities in Zhejiang province, the heart of China's live-streaming industry, have now imprisoned the man, according to South China Morning Post (SCMP). This marks a rare crackdown on such practices in the province. Officials fined Mr. Wang 50,000 yuan (about £5607.35) and sentenced him to 15 month...
IBTimes
The U.K., U.S., and Australia announced sanctions on the Russian leader of the cyber-crime gang, LockBit, the U.K.'s National Crime Agency (NCA) announced on May 7. Lockbit has become one of the most prolific ransomware groups in recent years, carrying out 3,000 cyberattacks in the U.S. and Europe and resulting in losses of billions of euros. The sanctions will target Dmitry Khoroshev, a Russian national who has been identified as one of the senior leaders of Lockbit. The NCA announced in February that it had taken control of Lockbit's services, allowing it to infiltrate the group's network. U...
Kyiv Independent (UK)
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