In the latest weekly update, ISMG editors discussed Tornado Cash's landmark legal victory and what it means for crypto mixers, the impact of artificial intelligence on data privacy, and advancements in cybersecurity for which the industry can be thankful as it heads into 2025.
Researchers identified 20 critical vulnerabilities in a type of Advantech industrial-grade wireless access points that is widely deployed across critical infrastructure environments. Attackers could exploit the flaws to remotely executive code and create denials of service.
Cybersecurity researchers have discovered the first-ever UEFI bootkit designed to target Linux systems and subvert their boot process for malicious purposes. The "Bootkitty" malware, first uploaded to VirusTotal this month, appears to be more "proof of concept" than full-fledged threat, they said.
President-elect Donald Trump's strong cryptocurrency support amid market volatility is raising concerns over potential conflicts of interest, with experts warning his agenda - including potential plans to appoint a White House crypto czar - could destabilize the economy and undermine public trust.
This week, Microsoft previews its latest attempt to introduce AI-enabled Windows Recall - now with added privacy features; over 1,000 cybercrime suspects busted in Africa; regulators report "smart" device update promises often missing; and Florida IT professional caught spying for China.
This week's cryptohack roundup includes a U.S. federal judge striking down the SEC's expanded "Dealer Rule," a Python crypto library update stealing credentials, why digital payment apps are being excluded from some types of federal oversight, and drug cartels laundering profits via Tether.
Federal regulators have fined a Catholic healthcare system $35,581 for HIPAA violations requiring a corrective action plan after the Pennsylvania provider impermissibly disclosed a female patient's reproductive health and other sensitive information to a prospective employer.
T-Mobile disputed claims Wednesday that Chinese state-sponsored hackers breached its systems and stole customer data, warning that some U.S. communications networks may still be compromised and detailing how its layered defenses and third-party cybersecurity partnerships thwarted the attack.
An apparent Russian script kiddie is converting widespread security gaps into powerful botnets capable of launching global-scale distributed denial-of-service attacks. A threat actor with the online moniker "Matrix" is exploiting IoT vulnerabilities such as default credentials and outdated software.
A U.S. federal appeals court ruled U.S. Department of Treasury exceeded its authority by sanctioning Tornado Cash, a cryptocurrency mixing service used by North Korean hackers to launder more than $455 million. Smart contracts "are not capable of being owned," the court ruled.
Newly appointed EU tech commissioner Henna Virkkunen will lead efforts to establish Europe's tech sovereignty, said European Commission President Ursula von der Leyen, who will start a second term on Dec. 1. Virkkunen was a liberal-conservative Finnish member of the European Parliament.
The Australian government's proposed cybersecurity legislation passed both houses of the Parliament on Monday, formalizing the government's strategy to boost ransomware payment reporting, mandate basic cybersecurity standards for connected devices and enhance critical infrastructure security.
Two vulnerabilities in Mozilla products and Windows are being actively exploited by RomCom, a Kremlin-linked cybercriminal group known for targeting businesses and conducting espionage, warn security researchers from Eset. Exploiting the two flaws together enables attackers to execute arbitrary code.
New CEO Bill Welch discusses Sysdig's cloud security strategy, emphasizing AI, open-source leadership with Falco, and expansion plans to serve SMBs and midmarket businesses. He shares goals for real-time response and building a sustainable, profitable company.
Halcyon has raised $100 million in Series C funding, reaching a $1 billion valuation. The company plans to enhance its cutting-edge ransomware solutions by taking on data exfiltration, deepen ties with Dell and Cisco, and expand its market presence into Japan with a partner-driven approach.
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