CyberSecurity Updates

Snowflake Recommends Customers Take Steps to Prevent Unauthorized Access

On June 2, Snowflake indicated a recent increase in cyber threat activity targeting customer accounts on its cloud data platform. Snowflake issued a recommendation for users to query for unusual activity and conduct further analysis to prevent unauthorized user access. Users and administrators are encouraged to hunt for any malicious activity, report positive findings to CISA, and review the following Snowflake notice for additional information:•    Detecting and Preventing Unauthorized User Access: Instructions 

Read More

What happens when facial recognition gets it wrong – Week in security with Tony Anscombe

Video A woman in London has been misidentified as a shoplifter by a facial recognition system amid fresh concerns over the technology’s accuracy and reliability 31 May 2024 A woman from London has been wrongly accused of being a shoplifter after being flagged by a facial-recognition system, the BBC reports. The tech, called Facewatch, is used by a number of retailers across the United Kingdom, including by the Home Bargains store where the woman was…

Read More

AI in HR: Is artificial intelligence changing how we hire employees forever?

In the age of digital transformation, Artificial Intelligence (AI) has swiftly become a cornerstone of organizational operations. Recruitment – a process that all organizations of any size will have to undertake at some point – is no exception. However, the talent acquisition landscape is a bit of a minefield with an average of over 250 applicants for a corporate job opening, resulting in busy recruiters typically spending only 6-8 seconds looking at each CV. When…

Read More

ESET World 2024: Big on prevention, even bigger on AI

Hundreds of cybersecurity professionals, analysts and decision-makers came together earlier this month for ESET World 2024, a conference that showcased the company’s vision and technological advancements and featured a number of insightful talks about the latest trends in cybersecurity and beyond. The topics ran the gamut, but it’s safe to say that the subjects that resonated the most included ESET’s cutting-edge threat research and perspectives on artificial intelligence (AI). Let’s now briefly look at some…

Read More

‘Operation Endgame’ Hits Malware Delivery Platforms

Law enforcement agencies in the United States and Europe today announced Operation Endgame, a coordinated action against some of the most popular cybercrime platforms for delivering ransomware and data-stealing malware. Dubbed “the largest ever operation against botnets,” the international effort is being billed as the opening salvo in an ongoing campaign targeting advanced malware “droppers” or “loaders” like IcedID, Smokeloader and Trickbot. A frame from one of three animated videos released today in connection with Operation…

Read More

Beyond the buzz: Understanding AI and its role in cybersecurity

Digital Security A new white paper from ESET uncovers the risks and opportunities of artificial intelligence for cyber-defenders Phil Muncaster 28 May 2024  •  , 5 min. read Artificial intelligence (AI) is the topic du jour, with the latest and greatest in AI technology drawing breathless news coverage. And probably few industries are set to gain as much, or possibly to be hit as hard, as cybersecurity. Contrary to popular belief, some in the field…

Read More

Is Your Computer Part of ‘The Largest Botnet Ever?’

The U.S. Department of Justice (DOJ) today said they arrested the alleged operator of 911 S5, a ten-year-old online anonymity service that was powered by what the director of the FBI called “likely the world’s largest botnet ever.” The arrest coincided with the seizure of the 911 S5 website and supporting infrastructure, which the government says turned computers running various “free VPN” products into Internet traffic relays that facilitated billions of dollars in online fraud…

Read More

Treasury Sanctions Creators of 911 S5 Proxy Botnet

The U.S. Department of the Treasury today unveiled sanctions against three Chinese nationals for allegedly operating 911 S5, an online anonymity service that for many years was the easiest and cheapest way to route one’s Web traffic through malware-infected computers around the globe. KrebsOnSecurity identified one of the three men in a July 2022 investigation into 911 S5, which was massively hacked and then closed ten days later. The 911 S5 botnet-powered proxy service, circa…

Read More

Mandatory reporting for ransomware attacks? – Week in security with Tony Anscombe

Video As the UK mulls new rules for ransomware disclosure, what would be the wider implications of such a move, how would cyber-insurance come into play, and how might cybercriminals respond? 24 May 2024 UK authorities are reportedly planning to make it mandatory for ransomware victims to report incidents to the government and obtain a license before making ransom payments. Additionally, proposals include banning ransom payments for critical national infrastructure entities to deter cybercriminals from…

Read More

What happens when AI goes rogue (and how to stop it)

Digital Security As AI gets closer to the ability to cause physical harm and impact the real world, “it’s complicated” is no longer a satisfying response Cameron Camp 22 May 2024  •  , 3 min. read We have seen AI morphing from answering simple chat questions for school homework to attempting to detect weapons in the New York subway, and now being found complicit in the conviction of a criminal who used it to create…

Read More