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Industry News

  • 20 Jul 2021

    Virtual Assets in Ukraine – 2030. Research Presentation

    The virtual assets industry in Ukraine is becoming more mature. The number of projects functioning in this sphere increases every day and this trend cannot be underestimated by the government. The Ministry of Digital Transformation of Ukraine assumes the role of coordinator to facilitate the business development of innovative national projects.  On 21 July 2021

  • 16 Jul 2021

    Weekly News Digest #43

    DevilsTongue attacks: Israeli spyware seller suspected by Microsoft  Microsoft intensifies its war against offensive security sellers. This time Microsoft has struck Sourgum. Sourgum has been actively engaged in selling cyberweapons such as DevilsTongue malware. These weapons were used to target more than 100 victims worldwide including journalists, politicians, academics, embassy workers, etc. The victims of

  • 9 Jul 2021

    Weekly News Digest #42

    $350,000 stolen from users by 170 Android cryptocurrency mining scam apps Users pay money for mining but get nothing. More than 170 applications from the Android ecosystem have been identified as scam services. The applications are offering cloud-based mining services to users interested in mining cryptocurrencies. Users just need to pay a fee and the

  • 2 Jul 2021

    Weekly News Digest #41

    Warning issued by FBI and NSA of the ongoing brute force hacking campaign linked to Russian military The brute force password-hacking campaign is actively targeting organizations in the USA and Europe since mid-2019. According to National Security, the FBI, and the Department of Homeland Security, the campaign is led by the Russian military intelligence that

  • 25 Jun 2021

    Weekly News Digest #40

    US schools targeted by the new GoLang Trojan ChaChi ChaChi is written in the Go programming language and has been actively used to commit an attack against different US institutions such as schools and government bodies. According to the statement made by BlackBerry Threat Research research team, ChaChi has also been actively used to commit

  • 18 Jun 2021

    Weekly News Digest #39

    Cybersecurity spar between Biden and Putin at Geneva summit Ransomware attacks were one of the main points of discussion that took place between Biden and Putin at Geneva. It was the first in-person summit for these presidents. At his speech after the end of the three-hour meeting with Baiden, Putin denied Russia’s support for ransomware

  • 11 Jun 2021

    Weekly News Digest #38

    Critical Android RCE Bug patched by Google Google addresses more than 90 bugs in its June Security Bulletin including the critical remote code execution bug that could enable malicious actors to commandeer the targeted mobile device with vulnerabilities. The bug tracked CVE-2021-0507 is related to the Android OS system component and by exploiting this bug

  • 4 Jun 2021

    Weekly News Digest #37

    Fujifilm has experienced a ransomware attack  Anne Neuberger, the top cyber official at the National Security Council, released an open letter warning organizations to take actions to prevent risks. Fujifilm, the Japanese conglomerate, has fallen victim to the massive ransomware attack. Malicious actors accessed without authorization the company’s servers and the entity has been forced

  • 28 May 2021

    Weekly News Digest #36

    The APT group hacked the local gov’t office. The FBI issued a special warning   According to the FBI release, the Fortigate appliance was exploited by the APT group and malicious actors could access the webserver hosting the U.S. municipal government domain. Hackers likely created an account with the username “elie” to continue committing malicious activities.

  • 21 May 2021

    Weekly News Digest #35

    Android apps’ cloud authentication failures have led to the large data exposure The analysis of Android apps has revealed critical cloud misconfigurations that could cause the exposure of data belonging to more than 100 million users. Check Point Research (CPR) cybersecurity firm has identified that over 23 popular mobile apps may contain third party cloud

  • 14 May 2021

    Weekly News Digest #34

    Close to $5 million paid by Colonial Pipeline to ransomware group Colonial Pipeline paid close to $5 million to the ransomware group that committed a cyberattack against the company and locked its systems. The fuel giant’s systems have been affected for 1 week. The company experienced a ransomware attack on May 7 that forced the

  • 7 May 2021

    Weekly News Digest #33

    Millions of Google, Samsung, and LG phones affected by Qualcomm chip vulnerability The researchers of the Israeli cybersecurity company Checkpoint found the vulnerability related to the ubiquitous Qualcomm chipset that affected millions of devices worldwide. The exploitation of this vulnerability could enable hackers to inject malicious code into Qualcomm’s Mobile Station Modem from Android so

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