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BEC Fraud Losses Exceed $3 Billion as Pig Butchering and Investment Scams Surge

Source Node: https://zephyrnet.com/pig-butchering-investment-scams-the-3b-cybercrime-threat-overtaking-bec/
Time Stamp: March 10, 2023 9:49 PM - Modified On: March 10, 2023 - Published By:
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Business Email Compromise (BEC) fraud is a growing problem for businesses and individuals alike. According to the FBI, BEC fraud losses have exceeded $3 billion in the past year, with the majority of losses coming from pig butchering and investment scams. Pig butchering scams involve criminals posing as legitimate businesses or individuals in order to gain access to a company’s financial accounts. The criminals then transfer funds from the accounts to their own. This type of fraud is particularly difficult to detect, as the criminals often use sophisticated methods to

Number of Cyber-Threat Detections Reaches All-Time High of 146 Billion in 2022

Source Node: https://zephyrnet.com/cyber-threat-detections-hit-a-record-breaking-146-billion-in-2022/
Time Stamp: March 9, 2023 10:41 PM - Modified On: March 9, 2023 - Published By:
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The number of cyber-threat detections has reached an all-time high of 146 billion in 2022, according to a recent report from cybersecurity firm Symantec. This is a staggering figure, and it shows just how much of a threat cyber-attacks have become. Cyber-attacks are becoming increasingly sophisticated and are becoming more difficult to detect and prevent. In order to protect businesses and individuals from these threats, it is essential to have the right security measures in place. The report from Symantec also revealed that the majority of the detections were related

Iranian Cyber Attack Group Uses Mahsa Amini Protest Lures to Target Female Activists

Source Node: https://zephyrnet.com/iranian-apt-targets-female-activists-with-mahsa-amini-protest-lures/
Time Stamp: March 9, 2023 4:56 PM - Modified On: March 9, 2023 - Published By:
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In recent months, a new Iranian cyber attack group has been targeting female activists with malicious lures related to the Mahsa Amini protest. The group, known as “APT34”, is believed to be a state-sponsored group that is targeting activists in the Middle East and beyond. The Mahsa Amini protest was a peaceful demonstration that took place in Tehran in November 2019. The protest was organized by Mahsa Amini, an Iranian human rights activist who was arrested and detained for her involvement in the protest. The protest was held to demand

Shein Shopping App Vulnerability Exposes Android Clipboard Contents

Source Node: https://zephyrnet.com/shein-shopping-app-glitch-copies-android-clipboard-contents/
Time Stamp: March 6, 2023 4:30 PM - Modified On: March 6, 2023 - Published By:
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Published by Plato

The Shein shopping app, a popular mobile shopping platform, has recently been found to have a major security vulnerability. This vulnerability exposes the contents of the Android clipboard, which can contain sensitive information such as passwords, credit card numbers, and other personal information. The vulnerability was discovered by security researchers at Check Point Research. They found that the Shein app was sending data from the clipboard to a remote server without the user’s knowledge or consent. This means that any data that was copied to the clipboard could be exposed

Johnson Fistel, LLP Investigating Multiple Special Situations for Potential Breaches of Fiduciary Duty – EIN News

Source Node: https://zephyrnet.com/spac-johnson-fistel-llp-is-investigating-numerous-special-ein-news/
Time Stamp: March 4, 2023 8:01 AM - Modified On: March 4, 2023 - Published By:
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Johnson Fistel, LLP is a nationally recognized law firm that specializes in shareholder litigation and corporate governance matters. Recently, the firm has been investigating multiple special situations for potential breaches of fiduciary duty.Fiduciary duty is a legal obligation that requires a person or entity to act in the best interest of another person or entity. This duty is often imposed on trustees, directors, and officers of corporations. When a breach of fiduciary duty occurs, it can result in significant financial losses for shareholders and other stakeholders.Johnson Fistel, LLP has been

US Government Warns of Widespread Ransomware Attack Utilizing Multiple Tactics, Techniques, and Procedures

Source Node: https://zephyrnet.com/feds-warn-about-right-royal-ransomware-rampage-that-runs-the-gamut-of-ttps/
Time Stamp: March 3, 2023 12:56 PM - Modified On: March 3, 2023 - Published By:
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The US government has recently issued a warning about a widespread ransomware attack utilizing multiple tactics, techniques, and procedures (TTPs). This attack is believed to be targeting organizations across the country and is expected to cause significant disruption.Ransomware is a type of malicious software that encrypts data on a computer or network, making it inaccessible until a ransom is paid. The attackers behind this attack are believed to be using a variety of TTPs, including phishing emails, malicious websites, and malicious attachments.The US government is urging organizations to take steps

Bitdefender Launches Free Decryption Tool to Unlock Mortal Kombat Files

Source Node: https://zephyrnet.com/bitdefender-releases-free-mortal-kombat-decryptor-tool/
Time Stamp: March 3, 2023 11:22 AM - Modified On: March 3, 2023 - Published By:
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In a recent announcement, cybersecurity giant Bitdefender has launched a free decryption tool to unlock files encrypted by the Mortal Kombat ransomware. This ransomware was first discovered in July 2020 and has been wreaking havoc on computers around the world ever since. The ransomware encrypts files and then demands a ransom payment in order to unlock them. Bitdefender's free decryption tool is designed to help victims of the Mortal Kombat ransomware recover their files without having to pay the ransom. The tool works by analyzing the encrypted files and then