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Ransomware Payments Plummeted Last Year Despite Major Cyber Attacks

In recent developments surrounding ransomware operations, evidence suggests that two prominent groups, AlphV and Lockbit, experienced significant setbacks amid heightened law enforcement scrutiny. AlphV, which reportedly extracted a staggering $22 million ransom from Change Healthcare, executed an “exit scam” shortly…

Meta Aims to Limit Access to High-Risk AI Models

Artificial Intelligence & Machine Learning, Next-Generation Technologies & Secure Development ‘Frontier AI Framework’ Outlines Risk Categories and Response Strategy Rashmi Ramesh (rashmiramesh_) • February 4, 2025 Image: Shutterstock Meta has announced new restrictions on the release of its advanced artificial…

International Organization for Civil Aviation (ICAO)

ICAO and ACAO Compromised: Cyberespionage Threats Target Aviation Safety Experts Pierluigi Paganini February 05, 2025 The International Civil Aviation Organization (ICAO), a key UN agency, is currently assessing a major security breach that raises alarms about the integrity of its…

Are Smartwatches Vulnerable to Cyber Attacks?

Smartwatches have become increasingly popular due to their convenience, health-monitoring features, and seamless synchronization with smartphones and other devices. However, as these wearable technologies evolve, they unfortunately also become prime targets for cybercriminals. A critical issue now arises: can smartwatches…

Rethinking KYC to Address Regulatory Challenges

Financial Institutions Transitioning to Continuous Know Your Customer Practices In a landscape marked by increasingly stringent regulations, financial institutions (FIs) are under mounting pressure to evolve their Know Your Customer (KYC) practices. With regulatory bodies demanding more robust compliance frameworks,…