Expert warns cyber threats to worsen with tech advances

Technological advances like Artificial Intelligence, Internet of Things, Automatic Cards and others will throw up new challenges for cyber security and all countries must unite to foresee and combat them, a leading Israeli cyber security expert said. “The Internet was not designed for security, hence it is inherently insecure since everything is hackable. It is …

‘Norman’ cryptojacking malware hides and exploits the processing power of infected PCs

A newly-discovered form of cryptocurrency-mining malware is capable of remaining so well-hidden that researchers investigating it found that it had spread to almost every computer at a company that had become infected. Dubbed ‘Norman’ due to references in the backend of the malware, the cryptojacker has been detailed by cybersecurity researchers at Varonis. The Monero-cryptomining …

Biometrics system used by banks, UK police & defence firms in major breach, leaks data

The fingerprints of over 1 million people, as well as facial recognition information, unencrypted usernames and passwords, and personal information of employees, was discovered on a publicly accessible database for a company used by the likes of the UK Metropolitan police, defence contractors and banks. Suprema is the security company responsible for the web-based Biostar …

Broadcom acquires $10.7 billion stake in Symantec’s enterprise security portfolio

Broadcom is buying Symantec’s enterprise security business for $10.7 billion, the companies announced Thursday. The deal effectively splits Symantec in two, with Broadcom taking ownership of its entire enterprise security portfolio and the Symantec brand name. Symantec will retain its consumer-facing product portfolio, which includes the the LifeLock identity-protection brand and Norton antivirus software. The …

Truecaller Launches User Verification SDK for Mobile Web

Communication app Truecaller on Tuesday announced the global launch of its software development kit (SDK) solution exclusively for the mobile Web platforms. Truecaller SDK would support all the key mobile platforms across Android, iOS, React and now mobile Web including “Progressive Web App” support. “Our vision has always been to enable the developer community by …

Couple loses tens of thousands in Bitcoin investment scam, cryptocurrency losses grow

Nick Yeomans and his wife Josie thought they had hit the jackpot when a Bitcoin investment they made tripled in six months. To the amateur investors, the cryptocurrency trader they had found, Coinexx.org, seemed too good to be true. Slowly, they poured more money into their account, and were met with greater returns. They convinced …

Hulu, Xbox Live and Reddit back up after outage

In internet-fail news, it looks like streaming service Hulu, gaming service Xbox Live and self-described “front page of the internet” Reddit all experienced outages Wednesday afternoon. Down Detector recorded over 10,000 reports about Microsoft’s Xbox Live being down and another 10,000 reports of Hulu being down. The Xbox Live status page confirms that core services are “limited.” “Our …

Rapid7’s report reveals that FTSE 250 firms exposed to possible cyber-attacks

The average FTSE 250 company exposes 35 different avenues of attack for would-be hackers, according to a report, despite the vast majority having “serious issues” with keeping business-critical systems up to date. According to the cybersecurity company Rapid7’s report, created by scanning for systems and devices used by FTSE 250 corporations that are visible on …

Threat actor behind Tor nodes is scanning for Windows systems vulnerable to BlueKeep flaw

Threat actors have started scanning the internet for Windows systems that are vulnerable to the BlueKeep (CVE-2019-0708) vulnerability. This vulnerability impacts the Remote Desktop Protocol (RDP) service included in older versions of the Windows OS, such as XP, 7, Server 2003, and Server 2008. Microsoft released fixes for this vulnerability on May 14, as part …