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Israeli Spyware Vendor QuaDream to Shut Down Following Citizen Lab and Microsoft Expose

Israeli Spyware Vendor QuaDream to Shut Down Following Citizen Lab and Microsoft Expose
Apr 17, 2023 Surveillance / Privacy
Israeli spyware vendor QuaDream is allegedly shutting down its operations in the coming days, less than a week after its hacking toolset was exposed by Citizen Lab and Microsoft. The development was reported by the Israeli business newspaper  Calcalist , citing unnamed sources, adding the company "hasn't been fully active for a while" and that it "has been in a difficult situation for several months." The company's board of directors are looking to sell off its intellectual property, the report further added. QuaDream, which specializes in hacking Apple devices that don't require any action on the part of the victim, is also said to have fired all its employees, with the firm undergoing significant downsizing, according to Haaretz and The Jerusalem Post . News of the purported shutdown comes as the firm's spyware framework – dubbed REIGN – was outed as  having been used  against journalists, political opposition figures, and NGO workers across

Another Israeli Firm, QuaDream, Caught Weaponizing iPhone Bug for Spyware

Another Israeli Firm, QuaDream, Caught Weaponizing iPhone Bug for Spyware
Feb 04, 2022
A now-patched security vulnerability in Apple iOS that was previously found to be exploited by Israeli company NSO Group was also separately weaponized by a different surveillance vendor named QuaDream to hack into the company's devices. The development was reported by  Reuters , citing unnamed sources, noting that "the two rival businesses gained the same ability last year to remotely break into iPhones [and] compromise Apple phones without an owner needing to open a malicious link." The zero-click exploit in question is  FORCEDENTRY , a flaw in iMessage that could be leveraged to  circumvent iOS security protections  and install spyware that allowed attackers to scoop up a wealth of information such as contacts, emails, files, messages, and photos, as well as access to the phone's camera and microphone. Google Project Zero, which studies zero-day vulnerabilities in hardware and software systems such as operating systems, web browsers, and open source libraries,

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024
Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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