Sophos: New ‘Junk Gun’ Ransomware disrupts RaaS Space

RaaS market disruption The ransomware-as-a-service (RaaS) market is getting disrupted, which has armed hackers with easy-to-use, off-the-shelf, and affordable ransomware solutions. The market, which has witnessed the disappearance of big players for over two years, is getting populated with ‘Junk Gun’ ransomware on the dark web The new family of ransomware is attracting ‘buyers’ because…

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National Security at Risk as Essential Cybersecurity Roles Face Sharp Decline

In a recent U.S. Cybersecurity Job Posting Data Report, CyberSN highlights a concerning trend that could impact national security: significant declines in job postings for critical cybersecurity roles. The report, a key indicator of the health of the cybersecurity labor market, reveals alarming drops in roles essential for maintaining organizational and national cyber defenses. Key…

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Misinformation and Hacktivist Campaigns Target The Philippines Amidst Rising Tensions With China

Amidst rising tensions with China in the South China Sea, Resecurity has observed a significant spike in malicious cyber activity targeting the Philippines in Q1 2024, increasing nearly 325% compared to the same period last year. The number of cyberattacks involving hacktivist groups and foreign misinformation campaigns has nearly tripled. In Q2 2024, this growth trajectory continues, with Resecurity observing multiple cyberattacks staged by previously unknown threat actors. These attacks are characterized by the…

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Zscaler Acquires Airgap Networks to Enhance Zero Trust SASE

Zscaler has announced the acquisition of Airgap Networks, a company renowned for its agentless segmentation technology. This acquisition is set to redefine the way enterprises protect their internal traffic, particularly in IT and Operational Technology (OT) environments. Cybersecurity rapidly evolves, with adversaries employing sophisticated techniques to bypass traditional security measures. However, traditional methods like Network…

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Cloudflare Acquires Baseline to Enhance Serverless Performance

Cloudflare, Inc.  the cloud company, announced an entrance into the observability market with the acquisition of Baselime, the cloud-native observability platform. By integrating Baselime’s technology with Cloudflare’s developer platform, Cloudflare will be uniquely positioned to bring deep knowledge of serverless platforms and developer experience together to solve the challenges of observability for serverless apps.  …

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Asia/Pacific* Security Spending to Grow 12.3% in 2024; IDC

IDC’s latest Worldwide Semiannual Security Spending Guide According to IDC’s latest Worldwide Semiannual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific excluding Japan (APeJ) is expected to reach $36 billion in 2024, an increase of 12.3% over the previous year. With the evolving threat landscape and increasing complexities, organizations in the region are…

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IIT Kanpur, C3iHub, Launches Start-Up Cohorts Specialising In Specific Cybersecurity Areas

  C3iHub, a National Technology Innovation Hub (TIH) for Advanced Cybersecurity at the Indian Institute of Technology Kanpur (IITK), launched start-up cohorts III, IV, and V at the Hyatt Regency, New Delhi. Funded by the Department of Science and Technology (DST) under the NM-ICPS Mission, C3iHub presented 19 start-ups in the Start-up Incubation Program, specialising in specific…

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Alert: Hackers Hit High-Risk Individuals’ Personal Accounts

Calling all high-risk individuals: Ensure you’re taking adequate steps to secure your personal devices and accounts against hacking, tampering and other types of interference. Britain’s National Cyber Security Center is warning that criminals and nation-state hacking groups, confronted with well-managed corporate cybersecurity defenses, have turned their sights to individual personal devices and accounts. “In recent years there…

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Cybercriminals Transform Raspberry Pi Into A Tool For Fraud & Anonymization: GEOBOX Discovery

  Resecurity identified a new solution advertised on the Dark Web – GEOBOX, a custom software, purpose-built for Raspberry Pi devices, representing an evolution in tooling for fraud and anonymization. Notably, the cybercriminals transformed widely used geek-favorite device into a ‘plug-and-play’ weapon for digital deception – enabling the operator to spoof GPS locations, emulate specific…

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