Showing only posts by Financial Times. Show all posts.

A phone call to helpdesk was likely all it took to hack MGM

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Enlarge / Gamblers and hotel guests at MGM casinos on the Las Vegas Strip, including the Bellagio, were affected by the security breach. (credit: Ethan Miller/Getty Images) A cyber criminal gang proficient in impersonation and malware has been identified as the likely culprit for an attack that paralized networks …

Cybersecurity experts say the west has failed to learn lessons from Ukraine

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Enlarge / Viktor Zhora from Ukraine’s information protection service, says cyber has become a major component of hybrid warfare. (credit: Dragonflypd.com/Black Hat) Viktor Zhora, the public face of Ukraine’s success against Russian cyberattacks, received a hero’s welcome earlier this month on stage at Black Hat …

Fears grow of deepfake ID scams following Progress hack

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Enlarge / The number of deepfakes used in scams in just the first three months of 2023 outstripped all of 2022. (credit: FT Montage/Getty Images) When Progress Corp, the Massachusetts-based maker of business software, revealed its file transfer system had been compromised this month, the issue quickly gathered global …

Binance blockchain suffers $570 million hack

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Enlarge / CHINA - 2022/07/25: In this photo illustration, the cryptocurrency exchange trading platform Binance logo is displayed on a smartphone screen. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) (credit: SOPA Images ) Hackers have stolen around $570 million in tokens from Binance, in a rare …

Small businesses count cost of Apple’s privacy changes

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Enlarge (credit: Kentaroo Tryman | Getty Images ) Small businesses are cutting back marketing spending due to Apple’s sweeping privacy changes that have made it harder to target new customers online, in a growing trend that has led to billions of dollars in lost revenues for platforms like Facebook. Apple …

Google closes data loophole amid privacy fears over abortion ruling

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Enlarge (credit: Lari Bat | Getty Images ) Google is closing a loophole that has allowed thousands of companies to monitor and sell sensitive personal data from Android smartphones, an effort welcomed by privacy campaigners in the wake of the US Supreme Court’s decision to end women’s constitutional right …

China lured graduate jobseekers into digital espionage

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Enlarge (credit: FT montage | Getty Images | Dreamstime ) Chinese university students have been lured to work at a secretive technology company that masked the true nature of their jobs: researching Western targets for spying and translating hacked documents as part of Beijing’s industrial-scale intelligence regime. The Financial Times has …

Russia hammered by pro-Ukrainian hackers following invasion

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Enlarge (credit: Getty Images) For years, Dmitriy Sergeyevich Badin sat atop the FBI’s most-wanted list. The Russian government-backed hacker has been suspected of cyberattacks on Germany’s Bundestag and the 2016 Olympics, held in Rio de Janeiro. A few weeks into Russia’s invasion of Ukraine, his own …

Data-harvesting code in mobile apps sends user data to “Russia’s Google”

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Enlarge (credit: Kirill Kudryavtsev | Getty Images) Russia’s biggest Internet company has embedded code into apps found on mobile devices that allows information about millions of users to be sent to servers located in its home country. The revelation relates to software created by Yandex that permits developers to …

Ukraine says government websites hit by “massive cyber attack”

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Enlarge / A Ukrainian Military Forces serviceman watches through a spyglass in a trench on the frontline with Russia-backed separatists near Avdiivka, southeastern Ukraine, on January 9, 2022. (credit: Anatolii Stepanov | Getty Images) Ukraine said it was the target of a “massive cyber attack” after about 70 government websites ceased …

The secret Uganda deal that has brought NSO to the brink of collapse

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Enlarge / A man walks by the building entrance of Israeli cyber company NSO Group at one of its branches in the Arava Desert on November 11, 2021, in Sapir, Israel. (credit: Amir Levy | Getty Images) In February 2019, an Israeli woman sat across from the son of Uganda’s …

Hackers launch over 840,000 attacks through Log4J flaw

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Enlarge (credit: Matejmo | Getty Images) Hackers including Chinese state-backed groups have launched more than 840,000 attacks on companies globally since last Friday, according to researchers, through a previously unnoticed vulnerability in a widely used piece of open-source software called Log4J. Cyber security group Check Point said the attacks …

Telegram emerges as new dark web for cyber criminals

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Enlarge (credit: Carl Court / Getty Images ) Telegram has exploded as a hub for cybercriminals looking to buy, sell, and share stolen data and hacking tools, new research shows, as the messaging app emerges as an alternative to the dark web. An investigation by cyber intelligence group Cyberint, together with …

North Korea hackers use social media to target security researchers

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Enlarge (credit: Dmitry Nogaev | Getty Images) Google has warned it has uncovered an “ongoing” state-backed hacking campaign run by North Korea targeting cyber security researchers. The Silicon Valley group said its threat analysis team found that cyber attackers posing as researchers had created numerous fake social media profiles on …