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Artificial Intelligence (AI) has rapidly evolved from a futuristic concept to a potent weapon in the hands of bad actors. Today, AI-based attacks are not just theoretical threats—they're happening across industries and outpacing traditional defense mechanisms.  The solution, however, is not futuristic. It turns out a properly designed identity security platform is able to deliver defenses against AI impersonation fraud. Read more about how a secure-by-design identity platform can eliminate AI deepfake fraud and serve as a critical component in this new era of cyber defense.  The Growing Threat of AI Impersonation Fraud Recent incidents highlight the alarming potential of AI-powered fraud: A staggering $25 million was fraudulently transferred during a video call where deepfakes impersonated multiple executives. KnowBe4, a cybersecurity leader, was duped by deepfakes during hiring interviews, allowing a North Korean attacker to be onboarded to the organization. CEO of ...

The U.S. Securities and Exchange Commission (SEC) has charged four current and former public companies for making "materially misleading disclosures" related to the large-scale cyber attack that stemmed from the hack of SolarWinds in 2020 . The SEC said the companies – Avaya, Check Point, Mimecast , and Unisys – are being penalized for how they handled the disclosure process in the aftermath of the SolarWinds Orion software supply chain incident and downplaying the extent of the breach, thereby infringing the Securities Act of 1933, the Securities Exchange Act of 1934, and related rules under them. To that end, Avaya will pay a fine of $1 million, Check Point will pay $995,000, Mimecast will pay $990,000, and Unisys will pay $4 million to settle the charges. In addition, the SEC has charged Unisys with disclosure controls and procedures violations. "While public companies may become targets of cyberattacks, it is incumbent upon them to not further victimize their sh...

The Irish data protection watchdog on Thursday fined LinkedIn €310 million ($335 million) for violating the privacy of its users by conducting behavioral analyses of personal data for targeted advertising. "The inquiry examined LinkedIn's processing of personal data for the purposes of behavioral analysis and targeted advertising of users who have created LinkedIn profiles (members)," the Data Protection Commission (DPC) said . "The decision [...] concerns the lawfulness, fairness, and transparency of this processing." The penalty has been issued under the European Union's (E.U.) General Data Protection Regulation ( GDPR ), an information privacy law that establishes a framework for the collection, processing, storage, and transfer of personal data in the E.U. and the European Economic Area (EEA). It went into effect on May 25, 2018. The probe, which was initiated following a complaint made to the French Data Protection Authority in 2018, found that Lin...

Cybersecurity researchers have discovered an advanced version of the Qilin ransomware sporting increased sophistication and tactics to evade detection. The new variant is being tracked by cybersecurity firm Halcyon under the moniker Qilin.B. "Notably, Qilin.B now supports AES-256-CTR encryption for systems with AESNI capabilities, while still retaining Chacha20 for systems that lack this support," the Halcyon Research Team said in a report shared with The Hacker News. "Additionally, RSA-4096 with OAEP padding is used to safeguard encryption keys, making file decryption without the attacker's private key or captured seed values impossible." Qilin, also known as Agenda , first came to the attention of the cybersecurity community in July/August 2022, with initial versions written in Golang before switching to Rust. A May 2023 report from Group-IB revealed that the ransomware-as-a-service (RaaS) scheme allows its affiliates to anywhere between 80% to 85% of ...

Cybersecurity researchers have disclosed a security flaw impacting Amazon Web Services (AWS) Cloud Development Kit (CDK) that could have resulted in an account takeover under specific circumstances. "The impact of this issue could, in certain scenarios, allow an attacker to gain administrative access to a target AWS account, resulting in a full account takeover," Aqua researchers Ofek Itach and Yakir Kadkoda said in a report shared with The Hacker News. Following responsible disclosure on June 27, 2024, the issue was addressed by the project maintainers in CDK version 2.149.0 released in July. AWS CDK is an open-source software development framework for defining cloud application resources using Python, TypeScript, or JavaScript and provisioning them via CloudFormation. The problem identified by Aqua builds upon prior findings from the cloud security firm about shadow resources in AWS, and how predefined naming conventions for AWS Simple Storage Service (S3) buckets ...

Cisco on Wednesday said it has released updates to address an actively exploited security flaw in its Adaptive Security Appliance (ASA) that could lead to a denial-of-service (DoS) condition. The vulnerability, tracked as CVE-2024-20481 (CVSS score: 5.8), affects the Remote Access VPN (RAVPN) service of Cisco ASA and Cisco Firepower Threat Defense (FTD) Software. Arising due to resource exhaustion, the security flaw could be exploited by unauthenticated, remote attackers to cause a DoS of the RAVPN service. "An attacker could exploit this vulnerability by sending a large number of VPN authentication requests to an affected device," Cisco said in an advisory. "A successful exploit could allow the attacker to exhaust resources, resulting in a DoS of the RAVPN service on the affected device." Restoration of the RAVPN service may require a reload of the device depending on the impact of the attack, the networking equipment company added. While there are no dire...

Sometimes, it turns out that the answers we struggled so hard to find were sitting right in front of us for so long that we somehow overlooked them. When the Department of Homeland Security, through the Cybersecurity and Infrastructure Security Agency (CISA), in coordination with the FBI, issues a cybersecurity warning and prescribes specific action, it's a pretty good idea to at least read the joint advisory. In their advisory AA24-242A, DHS/CISA and the FBI told the entire cybercriminal-stopping world that to stop ransomware attacks, organizations needed to implement phishing-resistant MFA and ditch SMS-based OTP MFA.  The Best Advice I Never Followed  This year, we have experienced an astonishing surge in ransomware payments, with the average payment increasing by a staggering 500%. Per the "State of Ransomware 2024" report from cybersecurity leader Sophos, the average ransom has jumped by 5X reaching $2 million from $400,000 last year. Even more troubling, RISK &...

The North Korean threat actor known as Lazarus Group has been attributed to the zero-day exploitation of a now-patched security flaw in Google Chrome to seize control of infected devices. Cybersecurity vendor Kaspersky said it made the discovery after it came across a novel attack chain in May 2024 that targeted the personal computer of an unnamed Russian national with the Manuscrypt backdoor. This entails triggering the zero-day exploit simply upon visiting a fake game website ("detankzone[.]com") that was aimed at individuals in the cryptocurrency sector. The campaign is estimated to have commenced in February 2024. "On the surface, this website resembled a professionally designed product page for a decentralized finance (DeFi) NFT-based (non-fungible token) multiplayer online battle arena (MOBA) tank game, inviting users to download a trial version," Kaspersky researchers Boris Larin and Vasily Berdnikov said . "But that was just a disguise. Under the...

Fortinet has confirmed details of a critical security flaw impacting FortiManager that has come under active exploitation in the wild. Tracked as CVE-2024-47575 (CVSS score: 9.8), the vulnerability is also known as FortiJump and is rooted in the FortiGate to FortiManager ( FGFM ) protocol. "A missing authentication for critical function vulnerability [CWE-306] in FortiManager fgfmd daemon may allow a remote unauthenticated attacker to execute arbitrary code or commands via specially crafted requests," the company said in a Wednesday advisory. The shortcoming impacts FortiManager versions 7.x, 6.x, FortiManager Cloud 7.x, and 6.x. It also affects old FortiAnalyzer models 1000E, 1000F, 2000E, 3000E, 3000F, 3000G, 3500E, 3500F, 3500G, 3700F, 3700G, and 3900E that have at least one interface with fgfm service enabled and the below configuration on - config system global set fmg-status enable end Fortinet has also provided three workarounds for the flaw depending on the...