Security News > 2024 > January
Managing and allocating budgets for cybersecurity and IT has become an increasingly critical aspect of organizational strategy. A well-structured cybersecurity budget is crucial for staying ahead of emerging threats and minimizing potential risks.
Mobile banking is outpacing online banking across all age groups due to its convenience and our desire to have those apps at our fingertips, according to Zimperium. The research uncovered that 29 malware families targeted 1,800 banking applications across 61 countries last year.
Rapid GenAI adoption is the top-ranked issue for the next two years for legal, compliance and privacy leaders, according to Gartner. "Legal leaders should adapt preexisting, well-established and widely distributed risk monitoring and management practices until new processes can be implemented. For example, they might modify data inventories and records of processing activities of privacy impact assessments to track GenAI usage."
Steam is no longer supported on Windows 7, Windows 8, and Windows 8.1 as of January 1, with the company recommending users upgrade to a newer operating system. "As of January 1 2024, Steam will officially stop supporting the Windows 7, Windows 8 and Windows 8.1 operating systems," reads the support article.
Security researchers say info-stealing malware can still access victims' compromised Google accounts even after passwords have been changed. A zero-day exploit of Google account security was first teased by a cybercriminal known as "PRISMA" in October 2023, boasting that the technique could be used to log back into a victim's account even after the password is changed.
Orbit Chain has experienced a security breach that has resulted in a loss of $86 million in cryptocurrency, particularly Ether, Dai, Tether, and USD Coin. Orbit Chain is a blockchain platform designed to function as a multi-asset hub, supporting interoperability between various blockchains, decentralized applications, and services.
Museum software solutions provider Gallery Systems has disclosed that its ongoing IT outages were caused by a ransomware attack last week. In a customer notification shared with BleepingComputer, Gallery Systems said it suffered a ransomware attack on December 28th, causing the company to take systems offline to prevent further devices from being encrypted.
The U.S. division of Xerox Business Solutions has been compromised by hackers with a limited amount of personal information possibly exposed, according to a statement by the parent company, Xerox Corporation. INC Ransom ransomware gang added the corporation to its extortion portal on December 29, claiming to have stolen sensitive data and confidential documents from its systems.
Google has officially announced it's ceasing support for Usenet groups on its Google Groups platform, a move partly attributed to the platform's increasing struggle with spam content. The upcoming changes will take effect from February 22, 2024, after which users can no longer post, subscribe, or view new Usenet content through Google Groups.
The court system of Victoria, Australia, was subject to a suspected ransomware attack in which audiovisual recordings of court hearings may have been accessed. The Supreme Court of Victoria, aside from two regional hearings in November, only had recordings accessed between December 1 and 21, for example.