Month: September 2022

U.S. Charges 3 Iranian Hackers and Sanctions Several Others Over Ransomware Attacks

Cyber Security
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Wednesday announced sweeping sanctions against ten individuals and two entities backed by Iran’s Islamic Revolutionary Guard Corps (IRGC) for their involvement in ransomware attacks at least since October 2020. The agency said the cyber activity mounted by the individuals is partially attributable to intrusion
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Twitter Allowed Chinese, Indian Agents on Payroll, Privacy of Users at Risk, Whistleblower Claims

Social
Twitter whistleblower Peiter “Mudge” Zatko on Tuesday alleged that the microblogging platform knowingly allowed India to add agents to the company’s roster potentially providing the country with access to sensitive data about users on the platform, while “at least one agent” from China’s intelligence service was employed by the company. In his testimony before the
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Paytm Spokesperson Says ED Not Investigating New Cases, Searches Related to Old Probes: Report

Internet
Paytm has reportedly denied anything new being investigated in the recent search by the Enforcement Directorate (ED) at the company’s premises on Wednesday. As per a report, a Paytm spokesperson clarified that the federal agency has only sought information linked to the ongoing probes on certain merchants in recent search operation. It was reported earlier
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SparklingGoblin APT Hackers Using New Linux Variant of SideWalk Backdoor

Cyber Security
A Linux variant of a backdoor known as SideWalk was used to target a Hong Kong university in February 2021, underscoring the cross-platform abilities of the implant. Slovak cybersecurity firm ESET, which detected the malware in the university’s network, attributed the backdoor to a nation-state actor dubbed SparklingGoblin. The unnamed university is said to have
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Lorenz Ransomware Exploit Mitel VoIP Systems to Breach Business Networks

Cyber Security
The operators behind the Lornenz ransomware operation have been observed exploiting a now-patched critical security flaw in Mitel MiVoice Connect to obtain a foothold into target environments for follow-on malicious activities. “Initial malicious activity originated from a Mitel appliance sitting on the network perimeter,” researchers from cybersecurity firm Arctic Wolf said in a report published
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Byju’s Posts 13-Fold Widening in Losses in Delayed FY 2021 Report, Accounting Changes Detailed: Report

Social
Byju’s on Wednesday posted a 13-fold widening in losses in the year through March 2021. The Indian online education platform’s losses reportedly widened to Rs. 45.7 billion for the financial year 2021, while the Bengaluru-based firm reported a revenue of Rs. 24.3 billion. Byju’s released the financial statements after a delay of 18 months, and
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NASA Updates ‘Eye In The Solar System’ Website Lets Users Explore Outer Space From Home

Science
American space agency NASA has updated its Eyes on the Solar System website, which allows space enthusiasts to explore the “universe beyond and the spacecraft exploring them”. Visitors can explore the planets, their moons, asteroids, comets and the spacecraft from 1950 to 2050. The website also allows them to simulate the landing of NASA’s spacecraft,
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Apple M3, A17 Chips to Use 2nd-Generation TSMC 3nm Process in Next Year’s iPhone, Mac Models: Report

Mobile
Apple will reportedly utilise Taiwan Semiconductor Manufacturing Company’s (TSMC) 2nd-generation 3nm process for its M3 and A17 chips that are said to feature in next year’s Mac computers and iPhone handsets, respectively. The report suggests that these chips will enter production next year and that the Cupertino company will release these products throughout 2023. The
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