During 2023, the cybersecurity economy grew four times as fast as its global counterpart and outpaced growth in the tech sector. The growth signals a rapid rise in innovation and opportunities within the industry. But with opportunities come risks. Unsurprisingly, cyber insecurity remains prominently among the top risks in the 2024 edition of the World Economic Forum’s Global Risks Report 2024, both over the two- and 10-year time horizon.
The United States reportedly conducted a cyberattack against Iran in the wake of last month’s strike on key Saudi oil facilities, which many Western countries have blamed on the Islamic Republic.
Cybereason, which uses machine learning to increase the number of endpoints a single analyst can manage across a network of distributed resources, has raised $200 million in new financing from SoftBank Group and its affiliates.
Red faces in Moscow this weekend, with the news that hackers have successfully targeted FSB—Russia's Federal Security Service. The hackers managed to steal 7.5 terabytes of data from a major contractor, exposing secret FSB projects to de-anonymize Tor browsing, scrape social media, and help the state split its internet off from the rest of the world. The data was passed to mainstream media outlets for publishing.
Early last month, the security team at Coinbase noticed something strange going on in Ethereum Classic, one of the cryptocurrencies people can buy and sell using Coinbase’s popular exchange platform. Its blockchain, the history of all its transactions, was under attack.
A trove of hacked EU diplomatic cables made available to the New York Times revealed no major secrets, but displayed the remarkably poor protection of routine exchanges among EU officials.
Hackers accessed the EU’s diplomatic communications network for years, downloading cables that reveal concerns about the Trump administration, struggles to deal with Russia and China and the risk of Iran reviving its nuclear program, the New York Times reported late on Tuesday (18 December).
Question-and-answer behemoth Quora has announced a major security breach that may have impacted as many as 100 million users.
The San Francisco-based company, which has raised more than $220 million in funding since its inception in 2009, said “some user data” was compromised following “unauthorized access to one of our systems by a malicious third party,” according to a blog post by Quora cofounder and CEO Adam D’Angelo.
As if Twitter’s reputation hasn’t been battered enough, a new study sheds light on how the social media platform can be hijacked by bots to spread political disinformation during election campaigns.
A researcher at the University of Southern California found that almost 20 percent of Twitter bots that were engaged in spreading propaganda against Emmanuel Macron during the recent French presidential election had been used to spread misinformation in favor of Donald Trump last year during the U.S. elections.
Telegram today responded to reports that it was the victim of a “massive hacker attack” that originated in Iran. The messaging app company said that while 15 million accounts were implicated, the hack was not as severe as one might think and only publicly available data was collected. In short, users were asked to remain calm and continue using Telegram as before — everything is okay.
