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Think your Wi-Fi is safe? Your coding tools? Or even your favorite financial apps? This week proves again how hackers, companies, and governments are all locked in a nonstop race to outsmart each other. Here's a quick rundown of the latest cyber stories that show how fast the game keeps changing. DeFi exploit drains funds Critical yETH Exploit Used to Steal $9M A critical exploit targeting Yearn Finance's yETH pool on Ethereum has been exploited by unknown threat actors, resulting in the theft of approximately $9 million from the protocol. The attack is said to have abused a flaw in how the protocol manages its internal accounting, stemming from the fact that a cache containing calculated values to save on gas fees was never cleared when the pool was completely emptied. "The attacker achieved this by minting an astronomical number of tokens – 235 septillion yETH (a 41-digit number) – while depositing only 16 wei, worth approxim...

Microsoft closed out its Patch Tuesday updates for 2024 with fixes for a total of 72 security flaws spanning its software portfolio, including one that it said has been exploited in the wild. Of the 72 flaws, 17 are rated Critical, 54 are rated Important, and one is rated Moderate in severity. Thirty-one of the vulnerabilities are remote code execution flaws, and 27 of them allow for the elevation of privileges. This is in addition to 13 vulnerabilities the company has addressed in its Chromium-based Edge browser since the release of last month's security update . In total, Microsoft has resolved as many as 1,088 vulnerabilities in 2024 alone, per Fortra. The vulnerability that Microsoft has acknowledged as having been actively exploited is CVE-2024-49138 (CVSS score: 7.8), a privilege escalation flaw in the Windows Common Log File System (CLFS) Driver. "An attacker who successfully exploited this vulnerability could gain SYSTEM privileges," the company said in an...

It's been a week of chaos in code and calm in headlines. A bug that broke the internet's favorite framework, hackers chasing AI tools, fake apps stealing cash, and record-breaking cyberattacks — all within days. If you blink, you'll miss how fast the threat map is changing. New flaws are being found, published, and exploited in hours instead of weeks. AI-powered tools meant to help developers are quickly becoming new attack surfaces. Criminal groups are recycling old tricks with fresh disguises — fake apps, fake alerts, and fake trust. Meanwhile, defenders are racing to patch systems, block massive DDoS waves, and uncover spy campaigns hiding quietly inside networks. The fight is constant, the pace relentless. For a deeper look at these stories, plus new cybersecurity tools and upcoming expert webinars, check out the full ThreatsDay Bulletin. ⚡ Threat of the Week Max Severity React Flaw Comes Under Attack — A critical security flaw impacting React Server Components (RSC) has ...

Ever wonder what happens in the digital world every time you blink? Here's something wild - hackers launch about 2,200 attacks every single day, which means someone's trying to break into a system somewhere every 39 seconds. And get this - while we're all worried about regular hackers, there are now AI systems out there that can craft phishing emails so convincingly, that even cybersecurity experts have trouble spotting them. What's even crazier? Some of the latest malware is like a digital chameleon - it literally watches how you try to catch it and changes its behavior to slip right past your defenses. Pretty mind-bending stuff, right? This week's roundup is packed with eye-opening developments that'll make you see your laptop in a whole new light. ⚡ Threat of the Week T-Mobile Spots Hackers Trying to Break In: U.S. telecom service provider T-Mobile caught some suspicious activity on their network recently - basically, someone was trying to sneak into th...

AI holds the promise to revolutionize all sectors of enterpriseーfrom fraud detection and content personalization to customer service and security operations. Yet, despite its potential, implementation often stalls behind a wall of security, legal, and compliance hurdles. Imagine this all-too-familiar scenario : A CISO wants to deploy an AI-driven SOC to handle the overwhelming volume of security alerts and potential attacks. Before the project can begin, it must pass through layers of GRC (governance, risk, and compliance) approval, legal reviews, and funding hurdles. This gridlock delays innovation, leaving organizations without the benefits of an AI-powered SOC while cybercriminals keep advancing. Let's break down why AI adoption faces such resistance, distinguish genuine risks from bureaucratic obstacles, and explore practical collaboration strategies between vendors, C-suite, and GRC teams. We'll also provide tips from CISOs who have dealt with these issues extensively as w...