Recent trends reveal an alarming increase in the number of both public and private sector organizations making ransom payments to hackers deploying malware, particularly in the form of ransomware. These transactions often come with dire consequences that may not be widely recognized, raising critical questions about their efficacy and the…
Governance & Risk Management, Operational Technology (OT) Hackers Unlikely to Exploit Vulnerabilities in Practice Prajeet Nair (@prajeetspeaks) • January 23, 2025 Image: Shutterstock In a recent advisory, the U.S. federal government disclosed a significant, unpatchable vulnerability within the Traffic Alert and Collision Avoidance System II (TCAS II) that prevents mid-air…
Data Breach Alert: PowerSchool Faces Cybersecurity Incident In a recent cybersecurity incident, educational technology platform PowerSchool has confirmed a data breach that may compromise sensitive user data. This alarming violation has raised significant concerns, as it potentially impacts schools, educators, students, and parents who rely on the platform for essential…
Cybersecurity firm ESET has uncovered a previously unidentified Advanced Persistent Threat (APT) group known as “PlushDaemon,” which is reportedly aligned with China and has been targeting South Korea through sophisticated cyber espionage tactics. This revelation marks a significant development in the cybersecurity landscape, as PlushDaemon employs an innovative attack strategy…
Artificial Intelligence & Machine Learning, Data Governance, Data Privacy Class Action Lawsuit Alleges LinkedIn Breached Privacy Laws and User Contracts Akshaya Asokan (asokan_akshaya) • January 23, 2025 Image: Shutterstock This week, a LinkedIn user based in California has initiated a class action lawsuit against the professional networking platform, alleging violations…
NEW DELHI: The notorious ransomware group known as Bashe has claimed responsibility for a breach of ICICI Bank’s database, one of India’s most prominent banking institutions. Reports circulating on the dark web indicate that the hackers have imposed a ransom deadline of January 24, 2025, threatening to release sensitive customer…
Massive Data Breach Strikes North American Education Sector A significant data breach affecting North America’s education system has come to light, potentially marking one of the most extensive cybersecurity incidents of 2025. The breach was orchestrated against PowerSchool, a cloud-based software provider headquartered in Folsom, California, which serves approximately 16,000…
Ransomware Threats Persist as Undetected Hackers Lurk in Corporate Networks In a growing concern for IT and cybersecurity professionals, the fear of unseen hackers infiltrating corporate networks remains prevalent. A recent investigation by Hanover Research highlights that the presence of unrecognized security vulnerabilities is a leading anxiety among networking experts.…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Also: CLS Global Pleads Guilty to Wash Trading Rashmi Ramesh (rashmiramesh_) • January 23, 2025 Image: Shutterstock Information Security Media Group compiles weekly updates on cybersecurity incidents in the realm of digital assets. Recent highlights include the Trump token generating significant…