Tag: Ransomware attacks

5 things about AI you may have missed today: Assam launches AI flood app ‘RAHAT’, Chinese youths turn to new AI game
10Feb By adminNo Comments
Technology

5 things about AI you may have missed today: Assam launches AI flood app ‘RAHAT’, Chinese youths turn to new AI game

[ad_1] Assam launches AI flood app 'RAHAT' for disaster relief; Young Chinese turn to AI game for lunar new year family prep; Half believe AI to amplify hacker attacks: Report; OpenAI CSO touts India's AI potential at Global Business Summit 2024- this and more in our daily roundup. Let us take a look.1. Assam launches AI flood app 'RAHAT' for disaster reliefAI-powered app "RAHAT" launched in Assam's Cachar district to combat floods, facilitating connectivity among people, security forces, and government. It shares critical information for early warning, evacuation, and supply distribution in remote areas. With heavy rainfall patterns, the app aids in disaster risk prevention, response, and recovery, ensuring efficient dissemination of information even in data shadow areas. 2. Young Chin...
Read More
What is Storm-1152, alleged top creator of fake Microsoft accounts sold to cybercriminals?
16Dec By adminNo Comments
Technology

What is Storm-1152, alleged top creator of fake Microsoft accounts sold to cybercriminals?

[ad_1] Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to cybercriminals who used them for ransomware attacks, identity theft and other scams around the world. The group, identified by Microsoft as Storm-1152, developed sophisticated tools to defeat the US tech giant's security features to set up fraudulent Outlook and Hotmail email accounts in bulk.Who is in Storm-1152?Storm-1152 was first detected in 2021. Arkose Labs, the cybersecurity firm that worked with Microsoft against the group, tracked it to Vietnam. The leaders of the group are three Vietnam-based individuals, Duong Dinh Tu, Linh Van Nguyen and Tai Van Nguyen, Microsoft said in a statement on Wednesday. It is not clear if there are any other members. AFP has asked the thre...
Read More
Cyber Resilience in a Rapidly Changing World: Staying Ahead with Evolving Technology
25Aug By adminNo Comments
Technology

Cyber Resilience in a Rapidly Changing World: Staying Ahead with Evolving Technology

[ad_1] Technological breakthroughs have grown extremely prevalent in an increasingly digitized environment, revolutionizing the various facets of our daily lives. The growth of Artificial Intelligence (AI) in recent years has been a spectacular breakthrough, ushering in a new era of possibilities and transformations. AI technologies and applications have found their way into a variety of industries, allowing for automation, better decision-making, and overall efficiency. However, as the world embraces digitalization and artificial intelligence, it is also confronted with the darker side of this technological revolution: the new perils of cybercrime. Particularly in the aftermath of the COVID-19 pandemic, the travel industry has seen tremendous expansion and appeal. As people regain thei...
Read More
Fraudsters targeting work email accounts to steal money, Barracuda study reveals
17Jul By adminNo Comments
Technology

Fraudsters targeting work email accounts to steal money, Barracuda study reveals

[ad_1] In a recent report, cybersecurity firm Barracuda has shed light on a concerning trend in which email fraudsters use multiple Bitcoin wallets to extort money from their victims. These scammers employ tactics that involve threatening to expose embarrassing or illicit material, targeting numerous work email accounts simultaneously, and demand moderate payments of around $1,000 USD in Bitcoin. By utilizing this approach, attackers can remain undetected and avoid raising alarm among potential victims, security teams, and payment systems.Insights from Columbia University ResearchBarracuda's findings are based on an analysis conducted by a team of researchers at Columbia University, who examined 300,000 emails flagged as blackmail scams over the course of 12 months. The primary objectiv...
Read More