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Search Results for: cyber attack

OpenAI Sets Up $1 Million Grants Program Towards Cybersecurity

Artificial intelligence (AI) technology is now in the hands of criminals, increasing the risk of deep fakes and malware. When it comes to improving and quantifying AI-driven cybersecurity solutions, OpenAI, the startup behind popular AI tools like ChatGPT and Dall-e, has set up a $1 million grants scheme. The AI

June 5, 2023 2 mins read

Expel Lands in London for Cloud & Cyber Security Expo 2023

Security operations provider hosting demos, showcasing latest product innovations, and sharing cybersecurity trends and predictions for the year LONDON–(BUSINESS WIRE)–Following its recent expansion to EMEA, Expel will make its first appearance at a major cybersecurity event in the United Kingdom, with an exhibition at Cloud & Cyber Security Expo 8-9

March 7, 2023 3 mins read

Decentralized Think Tank Publishes Industry Update Regarding The Future of Cyber Security for Blockchain Exchanges

LONDON–(BUSINESS WIRE)–$CGG #confidentialcomputing–Following the recent FTX debacle, The Decentralized Think Tank released an industry update on the topic of cyber security for crypto exchanges. The report explores the importance of confidential computing in securing the future of crypto exchanges, alongside naming a number of emerging leaders in the field, including:

January 2, 2023 7 mins read

Metaverse and Space May Be Cybercriminals’ Playgrounds in 2023

According to the 10th Annual Experian® Data Breach Industry Forecast, threat vectors continue to expand forcing organizations to reinforce cyber resiliency COSTA MESA, Calif.–(BUSINESS WIRE)–As technology continues to evolve for business and personal use, cybercriminals are also leveraging innovation for attacks. Experian’s 10th annual Data Breach Industry Forecast includes six

December 7, 2022 4 mins read

Cyber Security Awards To Increase DeFi Security by DSA

Unfortunately, DeFi space is considered to be unsafe. According to statistics, hackers have made a lot of attacks, they have stolen almost $3 billion of funds during the current year, and more than 90% of these attacks fall on the DeFi sector. The DeFi Security Alliance community is launching a

November 10, 2022 2 mins read

Phosphorus Partners with Concept Data to Expand xIoT Attack Surface Management and Remediation in Europe

New partnership further broadens Phosphorus’s sales channels across the EMEA region NASHVILLE, Tenn.–(BUSINESS WIRE)–Phosphorus, the leading provider of proactive and full-scope security for the extended Internet of Things (xIoT), today announced a new distributor partnership for the European market with Concept Data, a leading IT and cybersecurity value-added distributor. The

November 7, 2022 3 mins read

Growth Opportunities for Blockchain in Cyberwarfare and National Security 2022: Blockchain to Fortify Military Strategy – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Growth Opportunities for Blockchain in Cyberwarfare and National Security” report has been added to ResearchAndMarkets.com’s offering. The increasing frequency of attacks on national assets and the sophistication of cyberthreats threaten a nation’s ability to defend itself from cyberwarfare strategies. The expanding application of deepfake AI against dominant political

October 21, 2022 4 mins read

Bank of Brasilia Attacked by Ransomware Demanding 50 BTC

LockBit ransomware group has been one of the most prominent criminal organizations. The LockBit ransomware was recently updated to version 3.0. On October 3, ransomware infected the Bank of Brasilia, a government-controlled bank in Brazil. The hackers wanted 50 BTC in exchange for not releasing customer data. Local news outlet

October 7, 2022 1 min read

Naoris Protocol Raises $31 Million in Funding to Scale Decentralized Cybersecurity

Following a successful fundraising campaign that attracted industry heavyweights like Tim Draper’s Draper Associates, BPMT Trading Ltd, and the Holdun Family Office, blockchain-powered cybersecurity startup Naoris Protocol closed an additional round, bringing the total capital raised to date to $31 million.  Both BPMT Trading Ltd and Holdun Family Office have

September 8, 2022 3 mins read

Hacker Steals $370K Via Avalanche Flash Loan Arbitrage Attack

According to CertiK, there were three potential protocols affected. CertiK’s on-chain security software, Skynet, detected assault at 7:26 pm UTC on Tuesday. On Tuesday night, a flash loan attack was carried out using the Avalanche network. A specific smart contract and many liquidity providers were the targets of the assault.

September 7, 2022 2 mins read