In a significant cybersecurity breach, Bithumb, a major player in the cryptocurrency exchange market, suffered a hack that has resulted in the theft of over $1 million in digital assets. Bithumb, South Korea’s largest exchange, is responsible for a substantial portion of global trading in Bitcoin and Ethereum, handling approximately…
Two former students of the University of Central Missouri have been indicted for hacking into university databases, unlawfully accessing confidential information, and attempting to monetize the data. The individuals, identified as Joseph Camp and Daniel Fowler, are facing significant legal repercussions following actions that allegedly compromised the personal information of…
AI Chatbots Recognized as Leading Health Technology Hazard for 2026 In a comprehensive analysis by the ECRI Institute, a prominent patient safety research organization, artificial intelligence (AI) chatbots have been identified as the foremost health technology hazard for 2026. Researchers Rob Schluth and Scott Luney highlighted that these AI tools,…
The exposure of Social Security Numbers (SSNs) remains among the most critical cybersecurity challenges today. Incidents involving SSN breaches have far-reaching implications, affecting both individuals and organizations. When sensitive data like SSNs is breached, the repercussions can be swift and devastating, leading to long-term financial and identity-related consequences. The Importance…
A zero-day vulnerability in Internet Explorer has been exploited by a North Korean threat actor, specifically targeting South Korean users. The attack exploits the heightened public sensitivity surrounding the recent Itaewon Halloween crowd crush incident, leveraging social engineering tactics to entice victims into downloading malware. This discovery was detailed by…
Ukrainian Police Conduct Raids Linked to NotPetya Ransomware Incident The Ukrainian National Police recently enacted a significant operation targeting the company behind the M.E.Doc accounting software, which has been implicated in the widespread NotPetya ransomware outbreak that has affected numerous major corporations worldwide. A video released by the police depicts…
Genesco Inc. Reports Payment Card Data Breach in Network Intrusion On Friday, retail company Genesco Inc. disclosed a significant breach in its computer network, specifically targeting the segment responsible for processing payment card transactions. The Nashville, Tennessee-based retailer has acknowledged that certain card details may have been compromised, though it…
3rd Party Risk Management, Fraud Management & Cybercrime, Fraud Risk Management Presented by ProcessUnity 60 mins In the evolving landscape of third-party risk management, companies face unprecedented challenges in scaling their operations. The complications arise as vendor ecosystems diversify and risk signals become scattered across various tools and stakeholders,…
Cybersecurity Update: AI-Powered Attack on Fortinet Firewalls and Other Breaches In a recent development in the cybersecurity landscape, a financially motivated threat actor, reportedly Russian-speaking, has leveraged commercial AI toolkits to compromise over 600 Fortinet firewalls. This operation was first identified by the AWS security team, indicating that the activity…