A Chinese-speaking threat actor codenamed GoldFactory has been attributed to the development of highly sophisticated banking trojans, including a previously undocumented iOS malware called GoldPickaxe that’s capable of harvesting identity documents, facial recognition data, and intercepting SMS. “The GoldPickaxe family is available for both iOS and Android platforms,” Singapore-headquartered Group-IB said in an extensive report...Read More

Threat actors hunt for ways to exploit vulnerabilities by employing tactics from technical zero-days to broad phishing.  Social engineering blends with commodity malware on high-traffic sites, like social media, that allows quick, cheap, and widespread attacks.  Despite seeming trivial, these infections, such as AI-generated videos on YouTube offering malware disguised as cracked software, pose significant...Read More

INQUIRER FILE PHOTO / STOCK IMAGE MANILA, Philippines — Police collared a Nigerian man and his live-in partner in Cavite province for allegedly swindling at least P2.2 million from the foreigner’s supposed former lover. The Quezon City Police District (QCPD) identified the suspects as Ikenna Onuoha, 37, and Jacel Paderan, 28. They were arrested in...Read More

Alexey Novikov, Head of the PT Expert Security Centre at Positive Technologies. Positive Technologies is constantly refining its approach to result-driven cybersecurity[1]: as part of the bug bounty program Positive Dream Hunting, security researchers from around the world can attempt to trigger two non-tolerable events[2]. The first person who can inject malicious code into the...Read More

Microsoft and OpenAI on Wednesday said hackers are using large language models (LLMs) like ChatGPT to improve their existing cyber-attack techniques. The companies have detected attempts by Russian, North Korean, Iranian, and Chinese-backed groups using tools like ChatGPT for research into targets and build social engineering techniques. In partnership with Microsoft Threat Intelligence, OpenAI disrupted...Read More

A Chinese-speaking threat actor codenamed GoldFactory has been attributed to the development of highly sophisticated banking trojans, including a previously undocumented iOS malware called GoldPickaxe that’s capable of harvesting identity documents, facial recognition data, and intercepting SMS. “The GoldPickaxe family is available for both iOS and Android platforms,” Singapore-headquartered Group-IB said in an extensive report...Read More

OpenAI says it has disrupted state-sponsored hackers attempting to use its technology for malicious purposes. Working with its partner Microsoft, the artificial intelligence (AI) company said in a report issued Wednesday (Feb. 14) that it blocked five state-affiliated attacks: two related to China, the others with ties to North Korea, Iran and Russia. “Although the capabilities of our...Read More

(From left):  Converge Corporate Communications and Public Relations head Jay-Anne Encarnado, Scam Watch Co-Lead Convenor and Manila Bulletin Technology Editor Art Samaniego, Scam Watch Co-Lead Convenor Jocel De Guzman, DICT Undersecretary and CICC Chief Alex Ramos, Gogolook Country Representative for the Philippines Mel Migrino, BPI head of Corporate Communications Elena Torrijos, and GoTyme Bank Head...Read More

In the ever-evolving digital world, cybersecurity threats have become a constant concern for businesses and individuals alike. As we navigate this landscape in 2024, Belfast and Northern Ireland are emerging as beacons of hope in the fight against cybercrime. The Rise of Cyber Threats The sophistication of cyber threats has reached unprecedented levels, with ransomware...Read More

In a recent interview with CNBC, Gary Gensler, the US Securities and Exchange Commission (SEC) Chair, reiterated his concerns about the alleged involvement of Bitcoin (BTC) in ransomware attacks.  Bitcoin Disapproval Continues Despite the significant success of Bitcoin exchange-traded funds (ETFs) within just one month of trading, which has played a pivotal role in driving...Read More