AuthZed Raises $12 Million to Accelerate Permissions Systems in Series A Funding

The new funding will accelerate a strategic expansion for small–to mid-market-sized organizations, providing a fully managed and easy-to-deploy permissions system that is simple to maintain for their current and future authorization needs.

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Meta’s ‘Pay or Consent’ Approach Faces E.U. Competition Rules Scrutiny

Meta’s decision to offer an ad-free subscription in the European Union (E.U.) has faced a new setback after regulators accused the social media behemoth of breaching the bloc’s competition rules by forcing users to choose between seeing ads or paying to avoid them.
The European Commission said the company’s “pay or consent” advertising model is in contravention of the Digital Markets Act (DMA).

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Chinese Hackers Exploiting Cisco Switches Zero-Day to Deliver Malware

A China-nexus cyber espionage group named Velvet Ant has been observed exploiting a zero-day flaw in Cisco NX-OS Software used in its switches to deliver malware.
The vulnerability, tracked as CVE-2024-20399 (CVSS score: 6.0), concerns a case of command injection that allows an authenticated, local attacker to execute arbitrary commands as root on the underlying operating system of an affected

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Australian Man Charged for Fake Wi-Fi Scam on Domestic Flights

An Australian man has been charged with running a fake Wi-Fi access point during a domestic flight with an aim to steal user credentials and data.
The unnamed 42-year-old “allegedly established fake free Wi-Fi access points, which mimicked legitimate networks, to capture personal data from unsuspecting victims who mistakenly connected to them,” the Australian Federal Police (AFP) said in a press

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Papua New Guinea Sets High Bar in Data Security

The small island nation’s new data protection and governance policy reflects a forward-thinking cybersecurity strategy.

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Deepfakes will cost $40 billion by 2027 as adversarial AI gains momentum

Now one of the fastest-growing forms of adversarial AI, deepfakes-related losses are expected to soar from $12.3 billion in 2023.Read More

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CISA Report Finds Most Open-Source Projects Contain Memory-Unsafe Code

Analysts found that 52% of open-source projects are written in memory-unsafe languages like C and C++.

Security | TechRepublic – ​Read More

Multi-Malware ‘Cluster Bomb’ Campaign Drops Widespread Cyber Havoc

“Unfurling Hemlock” has deployed malware on tens of thousands of systems worldwide by nesting multiple malicious files inside other malicious files.

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Google Opens $250K Bug Bounty Contest for VM Hypervisor

If security researchers can execute a guest-to-host attack using a zero-day vulnerability in the KVM open source hypervisor, Google will make it worth their while.

darkreading – ​Read More

regreSSHion: Critical Vulnerability in OpenSSH Exposes Millions of Servers

A critical vulnerability in OpenSSH (regreSSHion) allows attackers full access to servers! Millions at risk. Learn how to…

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