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How the Silicon Valley Bank Shutdown is Being Exploited by Cybercriminals

Recently, there was a rise in cybercrime related to the closing of Silicon Valley Bank (SVB). Threat actors go after businesses and sometimes use them in their illegal activities. SVB was the 16th largest bank in the U.S. The bank worked with tech giants like Buzzfeed, Roblox, and Roku. However, global inflation and a deposit […]

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US Government: Royal Ransomware Targets Critical Infrastructure

The United States government is alerting organizations about the Royal ransomware operation. The Federal Bureau of Investigation (FBI) and the Cybersecurity & Infrastructure Security Agency (CISA) said in a joint advisory that the Royal ransomware gang poses an increasing threat to the critical infrastructure of numerous sectors in the U.S. The Royal ransomware group has […]

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Microsoft Teams Free (Classic) Is Retiring

Microsoft has decided to retire its MS Teams Free (classic) app. Released in 2017, MS Teams is a communication platform where users chat and call each other over the internet. While the primary concept is nothing new, the innovation comes with bells and whistles included. It is geared towards being a collaboration platform. The product is […]

Cyber Security Information Technology News & Information Reports Technology

Stolen Financial Data Used as Bait in New Phishing Scheme

Hackers are baiting their victims with stolen financial data in a clever phishing scheme. Over 400,000 data points, including identity numbers, names, phone numbers, and payment records, are used to persuade consumers to click on a malicious link. This link downloads a potent virus called BitRAT that can steal passwords, spy on users, and install […]