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Cybersecurity / News Briefs

NordVPN Introduces Quantum-Resilient Encryption

NordVPN, a leading VPN service provider, has unveiled its first application featuring quantum-resilient encryption – a significant advancement in cybersecurity. Post-quantum cryptography support is currently available on NordVPN’s Linux client, with plans to extend this enhanced security to all applications by early 2025.

Over 2 Million VPN Passwords Compromised by Malware Attacks

A recent report from Specops Software reveals alarming security vulnerabilities within VPN password systems, highlighting over two million VPN passwords stolen by malware in the past year.

FBI Takes Down China-Backed Botnet, Facilitates Ransomware Negotiations

The FBI and international partners dismantled a China-backed botnet run by the Integrity Technology Group, a company linked to Chinese government espionage.

Internet Domain Shutdowns: Ineffective and Risky, Experts Warn

Efforts to curb illegal online content through domain shutdowns are proving ineffective and carry significant risks, according to a new report by eco and its topDNS initiative.

Cybercrime Costs German Companies €267 Billion, Organised Crime and Foreign Nations Blamed

German companies have suffered substantial financial losses due to cybercrime and sabotage, totaling approximately €267 billion ($298 billion) over the past year. This represents a 29% increase compared to the previous year, according to a survey released on Wednesday by the industry association Bitkom.

Rising Ransomware Threats and a Record-Breaking $75M Payout

A recent report has revealed an alarming trend in ransomware attacks and a staggering $75 million ransom payout. The report by Zscaler ThreatLabz team indicates a 17.8% increase in ransomware attacks.

Kaspersky Lab to Shut Down U.S. Operations Amid Federal Ban

Russian cybersecurity firm Kaspersky Lab has announced the closure of its U.S. division, resulting in layoffs for its U.S.-based employees. The decision follows a recent U.S. Commerce Department ban on the sale of Kaspersky software, effective from July 20, due to national security concerns.

Security Lapses Lead to Squarespace Domain Hijacks

At least a dozen organizations experienced domain hijacks through the domain registrar Squarespace last week. The incidents, occurring between July 9 and July 12, primarily affected cryptocurrency businesses such as Celer Network, Compound Finance, Pendle Finance, and Unstoppable Domains.

Biden Administration Probes Chinese Telecom Firms Over U.S. Data Security Concerns

The Biden administration is investigating China Mobile, China Telecom, and China Unicom over concerns that these companies could potentially exploit their access to U.S. data through their cloud and internet services, potentially sharing this data with the Chinese government.

Biden Administration Bans Kaspersky Software Over National Security Concerns

The Biden administration is set to prohibit the sale of Kaspersky Lab's antivirus software in the U.S., citing national security risks due to the company's ties to the Russian government.

Researchers Expose Privacy Risks in Apple and Starlink’s Geo-Location Data, Uncovering Military and Civilian Tracking

Researchers from the University of Maryland have revealed significant privacy and security concerns related to the way Apple and Starlink geo-locate devices. Their study found that Apple's Wi-Fi Positioning System (WPS) collects and publicly shares precise locations of Wi-Fi access points.

UK First Country to Implement Cybersecurity Laws for Smart Devices, Including Banning Easily Guessable Default Passwords

Today UK's new consumer protection laws against hacking and cyber-attacks officially take effect. This legislation, a global first, mandates that all internet-connected smart devices - from smartphones and game consoles to connected refrigerators - meet stringent security standards.

Biden Administration Alerts Governors to Rising Cyber Threats on U.S. Water Systems

The Biden administration has issued a stark warning to the nation's governors about the increasing threat of cyberattacks on the United States' water and wastewater systems.

Global Law Enforcement Strikes Major Blow Against LockBit Ransomware Operation

In a significant global operation, law enforcement agencies from 10 countries have severely disrupted the LockBit ransomware group, recognized as the most prolific and harmful cyber threat worldwide.

UN Treaty Threatens Cybersecurity, Warns Google

As governments convene to discuss the UN Cybercrime Treaty, Google is urging caution, warning that the current draft could endanger online security and free expression.