Tag Cybercrime

Russia Implements Espionage Tactics Against Kazakhstan

Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Geo Focus: Asia Hackers Exploit Malicious Macros in Diplomatic Documents to Target Asian Nations Prajeet Nair (@prajeetspeaks) • January 15, 2025 The Nur-Sultan Astana Government Building of the Republic of Kazakhstan (Image: Shutterstock) Recent developments indicate that hackers, potentially affiliated with the…

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Ransomware Attack Aims at Amazon S3 Buckets

Cloud Security, Cybercrime, Fraud Management & Cybercrime Ransomware Group ‘Codefinger’ Targets Cloud-Based Resources Prajeet Nair (@prajeetspeaks) • January 14, 2025 Image: Shutterstock A ransomware campaign has been identified targeting Amazon S3 buckets, aiming to exploit the sensitive data stored within them. The attackers utilize AWS’s server-side encryption with customer-specific keys,…

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UK Set to Follow US in Implementing a Ban on Ransomware Payments

The United Kingdom is set to implement a transformative measure in its strategy against ransomware attacks, instituting a formal prohibition on ransom payments. This regulation will primarily affect public and critical infrastructure sectors, including essential entities such as educational institutions, transportation systems, hospitals (notably the NHS), and financial organizations including…

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PowerSchool’s Breach Illusion: Compensating Criminals for Empty Assurances

Fraud Management and Cybercrime: Lessons from a Recent Ransomware Attack On January 10, 2025, PowerSchool, a significant provider of K-12 student information systems, revealed a data breach that has raised concerns among schools, students, and parents. The California-based company reported that unauthorized actors had stolen vast amounts of student data…

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PowerSchool Data Breach Compromises Millions of Student and Teacher Records

PowerSchool, a prominent player in educational technology, has recently reported a significant data breach affecting millions of students and teachers. The incident, announced on January 7, followed the company’s discovery of unauthorized access to its systems on December 28. Hackers infiltrated PowerSchool’s infrastructure via the PowerSource support portal, exploiting stolen…

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US Passage of UN Cybercrime Treaty Encountering Significant Challenges

Cybercrime, Fraud Management & Cybercrime, Government US Senate Faces Challenges in Ratifying Controversial UN Cybercrime Treaty Amid Widespread Alarm Chris Riotta (@chrisriotta) • January 8, 2025 The U.S. Senate’s ratification of the UN cybercrime treaty appears unlikely. (Image: Shutterstock) The incoming Trump administration seems poised to sidestep the contentious United…

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Chinese Hack Compromises US Sanctions Office in Treasury Breach

Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime Chinese Hackers Allegedly Target U.S. Treasury Department Offices Related to Economic Sanctions By Chris Riotta (@chrisriotta) • January 2, 2025 Chinese nation-state hackers infiltrated several U.S. Treasury Department offices. (Image: Shutterstock) A recent cyber intrusion linked to Chinese hackers has successfully breached…

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