Cybersecurity threats are increasing each year, but businesses report shortage of qualified candidates coming out of undergraduate programs. Preparing the next generation of cybersecurity experts won’t be a quick fix, so business will need to get strategic.
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France announced its first cyber-warfare army unit on Monday, aimed at increasing the country’s hacking skills as concerns grow in Europe and the United States about Russian capabilities.
Full article via Security Week
A hacker claims to have stolen thousands of passport numbers and other pieces of personal information from the website of a Russian consular department.The hacker, who calls himself Kapustkiy, plans to publish around a thousand records out of the 30,000 or so he allegedly obtained. The apparent target was ambru.nl, the website for the Consular Department of the Embassy of the Russian Federation in the Netherlands.
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Richard Craib is a 29-year-old South African who runs a hedge fund in San Francisco. Or rather, he doesn’t run it. He leaves that to an artificially intelligent system built by several thousand data scientists whose names he doesn’t know. Under the banner of a startup called Numerai, Craib and his team have built technology that masks the fund’s trading data before sharing it with a vast community of anonymous data scientists. Using a method similar to homomorphic encryption, this tech works to ensure that the scientists can’t see the details of the company’s proprietary trades, but also organizes the data so that these scientists can build machine learning models that analyze it and, in theory, learn better ways of trading financial securities.
Full article on Wired
A criminal group has made at least $450,000 by infecting organizations with the Samas ransomware in the past year, according to an analysis by researchers from security firm Palo Alto Networks.
Read more on Bleeping Computer
Since the emergence of Mirai IoT botnet, there have been a noticeable increase in DDoS attacks (Distributed Denial of Service) and it looks like authorities are eager to take on culprits behind these attacks. In a statement released by Europol’s press service on Monday, it has been announced that Europol itself and with the help of US and other European law enforcement agencies 34 culprits have been arrested and 101 suspects “interviewed and cautioned.”
Read the full article on HackRead
MarkMonitor, the global leader in online brand protection conducted a report about consumer trust and cybercrime. According to the research, 16 percent of Dutch consumers lose confidence in a brand that is involved in cybercrime.
Read more on Deep Dot Web