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A Dutch security researcher has uncovered a slew of security vulnerabilities in an essential component of solar panels which could be exploited to cause widespread outages in European power grids. Willem Westerhof, a cybersecurity researcher at Dutch security firm ITsec, discovered 21 security vulnerabilities in the Internet-connected inverters – an essential component of solar panel that turns direct current (DC) into alternating current (AC). According to Westerhof, the vulnerabilities leave thousands of Internet-connected power inverters installed across Europe vulnerable. Westerhof demonstrates that it is possible for hackers to gain control of a large number of inverters and switch them OFF simultaneously, causing an imbalance in the power grid that could result in power outages in different parts of Europe. The vulnerabilities affect solar panel electricity systems, also known as photovoltaics (PV), made by German solar equipment company SMA, which if exploited in mass...

Marcus Hutchins, the malware analyst who helped stop global Wannacry menace , has reportedly pleaded not guilty to charges of creating and distributing the infamous Kronos banking malware and is set to release on $30,000 bail on Monday. Hutchins, the 23-year-old who operates under the alias MalwareTech on Twitter, stormed to fame and hailed as a hero over two months ago when he stopped a global epidemic of the WannaCry ransomware attack by finding a kill switch in the malware code. MalwareTech Arrested After Attending Def Con Event Hutchins was recently arrested at the McCarran International Airport before he could board his flight back to the U.K. after attending Def Con event for his alleged role in creating and distributing the Kronos Banking Trojan between 2014-2015. Kronos is a Banking Trojan designed to steal banking credentials and personal information from victims' computers, which was sold for $7,000 on Russian online forums. MalwareTech to Pay $30,000 for ...

A Russian man accused of infecting tens of thousands of computer servers worldwide to generate millions in fraudulent payments has been imprisoned for 46 months (nearly four years) in a United States' federal prison. 41-year-old Maxim Senakh , of Velikii Novgorod, was arrested by Finnish police in August 2015 for his role in the development and maintenance of the infamous Linux botnet called Ebury that siphoned millions of dollars from victims worldwide. Senakh was extradited to the United States in February 2016 to face charges and pleaded guilty in late March this year after admitting of creating a massive Ebury botnet and personally being profited from the scheme. First spotted in 2011, Ebury is an SSH backdoor Trojan for Linux and Unix-style operating systems, such as FreeBSD or Solaris, which gives attackers full shell control of an infected machine remotely even if the password for affected user account is changed regularly. Senakh and his associates used the malw...

SaaS Adoption is Skyrocketing, Resilience Hasn't Kept Pace SaaS platforms have revolutionized how businesses operate. They simplify collaboration, accelerate deployment, and reduce the overhead of managing infrastructure. But with their rise comes a subtle, dangerous assumption: that the convenience of SaaS extends to resilience. It doesn't. These platforms weren't built with full-scale data protection in mind . Most follow a shared responsibility model — wherein the provider ensures uptime and application security, but the data inside is your responsibility. In a world of hybrid architectures, global teams, and relentless cyber threats, that responsibility is harder than ever to manage. Modern organizations are being stretched across: Hybrid and multi-cloud environments with decentralized data sprawl Complex integration layers between IaaS, SaaS, and legacy systems Expanding regulatory pressure with steeper penalties for noncompliance Escalating ransomware threats and inside...

The 22-year-old British security researcher who gained fame for discovering the " kill switch " that stopped the outbreak of the WannaCry ransomware —has been reportedly arrested in the United States after attending the Def Con hacking conference in Las Vegas. Marcus Hutchins, operates under the alias MalwareTech on Twitter, was detained by the FBI in the state of Nevada, a friend of Hutchins confirmed Motherboard. At the time of writing, it is unclear why the Internet's ' accidental hero ' has been detained by the FBI, but his arrest has sparked an endless debate in the security community. Hutchins became famous over two months ago when the WannaCry ransomware began hitting businesses, organisations and individuals across the world, and he accidentally halted its global spread by registering a domain name hidden in the malware. hxxp://www[.]iuqerfsodp9ifjaposdfjhgosurijfaewrwergwea[.]com The domain as mentioned above was responsible for keeping Wa...

The cyber criminals behind the global WannaCry ransomware attack that caused chaos worldwide have finally cashed out their ransom payments. Nearly three months ago, the WannaCry ransomware shut down hospitals, telecom providers, and many businesses worldwide, infecting hundreds of thousands of computers in more than 150 countries, encrypting files and then charging victims $300-$600 for the keys. WannaCry was really bad, as the nasty ransomware forced the British NHS (National Health Service) to shut down hospitals and doctor's surgeries, and infected a Spanish telecommunications company and Russian mobile operator, among much more. Even a month after the outbreak, the WannaCry ransomware was found infecting systems at Honda Motor Company , forcing the factory to shut down its production, and 55 speed and traffic light cameras in Victoria, Australia. Overall, the hackers behind WannaCry made $140,000 in Bitcoins from the victims who paid for the decryption keys—but for ...