Author: HackWatchit

 — periods of expansion and contraction in output or financial markets — lie at the heart of macroeconomic analysis. When countries share a common currency, as in the eurozone, synchronized cycles are necessary for a one-size-fits-all monetary policy to work. This idea was first put forth by Robert Mundell (1961), the father of Optimum Currency Area theory. If, for example, Germany is in crisis and Spain is booming, as was the case after the turn of the millennium, the European Central Bank (ECB) cannot set the right interest rate for both countries. A lower interest rate would lead to overheating the economy in…

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ADVISORY: The techniques and tools referenced within this blog post may be outdated and do not apply to current situations. However, there is still potential for this blog entry to be used as an opportunity to learn and to possibly update or integrate into modern tools and techniques. Editor’s Note: We’ll feature Lawrence’s List every week.  It will include interesting things he’s come across during the week as he’s an avid consumer of internet garbage and follows a lot of mailing lists, forums, and news sites. Some of it may be narrow in terms of who may be interested (LKML)…

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In modern warfare, it’s not just about who has the biggest bombs — it’s about who controls the story. Iranian state TV was hacked on Wednesday night, and instead of the usual government-approved programming, viewers were shown footage of women’s protests from 2022, and urged to rise up against the regime and take to the streets. An embarrassing hack? Sure. But more than that, it was further evidence that cyberwarfare also has its part to play in trying to control the narrative. Sign up to our free newsletter.Security news, advice,…

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As a business, do you think avoiding SOC 2 compliance saves time and money? Think again. With cybercrime damages being projected to cost the world $1.2 trillion annually by 2025, skipping this step leaves your business dangerously exposed, with weak points that hackers are more than ready and prepared to exploit. In this guide, we’re breaking down the hidden dangers you’re not seeing, from costly data breaches and legal penalties to the missed deals and damaged reputations you can’t afford to ignore. As a bonus, you’ll also get actionable insights on what non-compliance really costs and what SOC 2 compliance can…

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Microsoft has fixed a known issue that will cause the classic Outlook email client to crash when opening emails or starting a new message. The bug impacts users across all Microsoft 365 Office channels who updated Outlook for Microsoft 365 earlier this month. “When you open or start a new email, classic Outlook crashes. This issue occurs because Outlook cannot open the Forms Library. The emerging cases for this issue are on virtual desktop infrastructure (VDI),” the Outlook team said when it acknowledged the issue last week. The company says the bug has been addressed across multiple channels, with fixed…

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In a major development against global cybercrime, French authorities have apprehended several key individuals believed to be instrumental in operating BreachForums, a notorious online marketplace where stolen data is bought and sold. The arrests, executed by France’s Cybercrime Brigade (BL2C) earlier this week, target figures deeply entrenched in high-profile data breaches and persistent attempts to revive the illicit forum after previous takedowns. A press release from the Paris Public Prosecutor’s Office confirms that four individuals, identified by their online handles ShinyHunters, Hollow, Noct, and Depressed, all in their twenties, were detained on Monday. These apprehensions are a follow-up to an…

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World Liberty Financial, the DeFi project part-owned by US President Donald Trump, has announced plans to enable transfers of its WLFI token.In a June 25 post on X, the team stated:“You asked to make WLFI transferable — we heard you. The team is working behind the scenes to make it happen.”The team failed to provide further information about the timeline for this development.WLFI is the core governance token for World Liberty Financial. It is designed to give holders voting rights over protocol upgrades and help steer the direction of the platform.Until now, investors who acquired WLFI earlier this year have…

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A junior associate who used to spend 60 hours a week buried in document review can now focus on strategic case analysis. A small law firm competing with BigLaw giants on complex litigation because AI levels the playing field. A client receiving legal advice in minutes instead of weeks. This isn’t science fiction—it’s happening right now in law offices around the world. Legal professionals are now opting to use artificial intelligence (AI) day-by-day. They regard it as a beneficial resource that improves their practices. According to the Thomson Reuters 2024 Future of Professionals Report, AI Automates routine tasks and improves…

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Bitdefender announced Bitdefender GravityZone External Attack Surface Management (EASM), a new solution that gives businesses, managed service providers (MSPs) and their customers comprehensive visibility into their internet-facing assets and associated vulnerabilities. GravityZone EASM dramatically reduces threat exposure and strengthens security operations through centralized discovery, monitoring, and management of expanding attack surfaces. The attack surface, encompassing all potential entry points for adversaries, is rapidly expanding due to digital transformation, cloud adoption, remote work, and increased connectivity with third-party infrastructure, including partners and customers. Without centralized oversight, assets such as unused domains, misconfigured cloud instances, and expired certificates often go unnoticed—leaving organizations…

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