INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore

INTERPOL said it devised a “global stop-payment mechanism” that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. 
The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of cybercrime where a malicious actor poses as a trusted figure and uses email to

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Cyberattack Wipes 13,000 School Devices in Mobile Guardian Breach

A major cyberattack on Mobile Guardian, a leading MDM provider, resulted in the remote wiping of 13,000 devices…

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Samsung Bug Bounty Program Payouts Reach $5M, Top Reward Increased to $1M

Samsung has paid out nearly $5 million through its bug bounty program since 2017 and the tech giant announced that the top reward has increased to $1 million.

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Sneaky SnakeKeylogger Slithers Into Windows Email Inboxes

SnakeKeylogger, also known as KrakenKeylogger, is a malicious software targeting Windows users. It logs keystrokes, steals credentials, and takes screenshots, allowing cybercriminals to capture sensitive information.

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Bloody Wolf Strikes Organizations in Kazakhstan with STRRAT Commercial Malware

The STRRAT malware, sold for $80, allows attackers to take control of computers and steal data. Attackers use phishing emails pretending to be from government agencies to trick victims into downloading malicious files.

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French Museum Network Hit by Ransomware Attack, but No Disruptions Are Reported at Olympic Events

A ransomware attack targeted the central data systems of Paris’ Grand Palais and other museums in the Réunion des Musées Nationaux network.

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Cyberattack Cost More Than $17 Million, Key Tronic Tells Regulators

Key Tronic revealed to regulators that a cyberattack in May 2024 cost the company over $17 million. The attack led to a shutdown of operations in Mexico and the U.S. for two weeks.

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Preparing for the Future of Post-Quantum Cryptography

The AI boom and increasing popularity of quantum computing necessitates quantum-resilient security.

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North Korean Hackers Exploit VPN Update Flaw to Install Malware

North Korean hackers exploited a VPN software update flaw to install malware and breach networks, as warned by South Korea’s National Cyber Security Center. The threat groups involved in these activities are Kimsuky (APT43) and Andariel (APT45).

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Fighting Back Against Multi-Staged Ransomware Attacks Crippling Businesses

Modern ransomware attacks are multi-staged and highly targeted. First, attackers research the target organization and its employees.

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