The Swedish Privacy Protection Authority, known as the Integritetsskyddsmyndigheten (IMY), has recently issued penalties of 12.3 million SEK, which equates to approximately $1.1 million or €1 million. This disciplinary action is towards two organizations, while two others are given warnings.…
Over 300,000 FortiGate firewalls are currently got exposure to a severe security flaw known as CVE-2023-27997. Despite Fortinet’s release of an update to address the issue. The vulnerability having severity score of 9.8 out of 10, involves a heap-based buffer…
Taiwan Semiconductor Manufacturing Company (TSMC), a titan in the global chipmaking industry, has rejected claims of falling victim to a cyberattack following an assertion by the LockBit ransomware group. This notorious LockBit ransomware gang had demanded an astronomical ransom of…
Siemens Energy, a Munich-based energy technology company, has officially confirmed a MOVEit Data-Theft Attack resulting from the recent Clop ransomware attack. The attackers exploited a zero-day vulnerability found in the MOVEit Transfer platform to gain unauthorized access to sensitive information.…
In June, the 8Base ransomware gang has significantly intensified its double extortion attacks, posing a growing threat to organizations worldwide. There has been a steady stream of new victims falling prey to this malicious group. 8Base initially appears on the…
What is Text Mining, Text Analytics and Natural Language Processing? Linguamatics For a window into the firm’s methods and philosophy and for insight on progress in the financial technology space more generally, we spoke with Alexandria CEO Dan Joldzic, CFA.…
iOttie, a popular manufacturer of mobile device car mounts, chargers, and accessories. They recently had a data breach, resulting in the theft of online shoppers’ credit card information and personal details. This incident highlights the need for robust cybersecurity measures…
A recent cyberattack on the University of Manchester has raised student concerns. As hackers have initiated communication, warning of an imminent data leak. Despite an unpaid extortion demand, the ransomware group responsible for the attack. They begun to email students,…
Infostealer malware has led to havoc on the security of ChatGPT. With over 101,000 user accounts falling victim to data theft in the past year alone. According to data from dark web marketplaces, cyber intelligence firm Group-IB uncover a hundred…
Microsoft has officially confirmed that the recent outages experienced by Azure, Outlook, and OneDrive were the result of targeted Distributed Denial-of-Service (DDoS) attacks. These attacks were aimed at disrupting the company’s web portals. They have been attributed to a threat…
