Google Reportedly in Talks to Acquire Cloud Security Company Wiz for $23B

Alphabet, Google’s parent company, is in advanced talks to acquire cloud security provider Wiz for around $23 billion. Wiz recently raised $1 billion at a $12 billion valuation and has a total of $1.9 billion in funding.

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Time for businesses to move past generative AI hype and find real value

Organizations must focus on digital resilience to embrace the transformational potential of emerging technology.

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CRYSTALRAY Hackers Infect Over 1,500 Victims Using Network Mapping Tool

A threat actor that was previously observed using an open-source network mapping tool has greatly expanded their operations to infect over 1,500 victims.
Sysdig, which is tracking the cluster under the name CRYSTALRAY, said the activities have witnessed a 10x surge, adding it includes “mass scanning, exploiting multiple vulnerabilities, and placing backdoors using multiple [open-source software]

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Match Systems’ CEO Andrei Kutin Provides Insight on DMM Bitcoin Breach

Dubai, UAE, 15th July 2024, CyberNewsWire

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Netgear Warns Users to Patch Auth Bypass, XSS Router Flaws

Netgear released firmware patches to fix stored XSS and authentication bypass flaws in the XR1000 Nighthawk gaming router and CAX30 Nighthawk AX6 6-Stream cable modem routers, respectively.

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10,000 Victims a Day: Infostealer Garden of Low-Hanging Fruit

Imagine you could gain access to any Fortune 100 company for $10 or less, or even for free. Terrifying thought, isn’t it? Or exciting, depending on which side of the cybersecurity barricade you are on. Well, that’s basically the state of things today. Welcome to the infostealer garden of low-hanging fruit.
Over the last few years, the problem has grown bigger and bigger, and only now are we

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Signal Downplays Encryption Key Flaw, Fixes it After X Drama

Signal has now taken steps to address the issue by integrating Electron’s SafeStorage API to secure the data store from offline attacks. The new implementation is currently being tested and will soon be available in a Beta version.

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Ukrainian Sentenced to Prison in US for Role in Zeus, IcedID Malware Operations

Vyacheslav Igorevich Penchukov was sentenced to nine years in prison for his role in the Zeus and IcedID malware operations.

The post Ukrainian Sentenced to Prison in US for Role in Zeus, IcedID Malware Operations appeared first on SecurityWeek.

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NATO Set to Build New Cyber Defense Center

The new cyber-defense facility, dubbed NATO Integrated Cyber Defence Centre (NICC), will be located in Belgium at SHAPE and will consist of civilian and military experts from member states.

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Singapore Banks to Phase Out OTPs for Online Logins Within 3 Months

Retail banking institutions in Singapore have three months to phase out the use of one-time passwords (OTPs) for authentication purposes when signing into online accounts to mitigate the risk of phishing attacks.
The decision was announced by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) on July 9, 2024.
“Customers who have activated their digital

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