Author: HackWatchit
AWS CEO Matt Garman speaks, with new models revealed AWS CEO Matt Garman’s keynote has come to a close, but there’s still plenty more to come from this year’s re:Invent 2024 conference. In the words of Editor Frederic Lardinois, who is on the ground in Las Vegas right in the midst of all things re:Invent 2024: “As far as re:Invent keynotes go, there was plenty of news, but the overall experience felt a bit disjointed, with AWS CEO Matt Garman going deep into the weeds of some new and existing services at the start. He was then upstaged by Amazon…
Identity theft is a growing concern, and Data Privacy Week serves as an important reminder to safeguard your personal information. In today’s digital age, scammers have more tools than ever to steal your identity, often with just a few key details—like your Social Security number, bank account information, or home address. Unfortunately, identity theft claims have surged in recent years, jumping from approximately 650,000 in 2019 to over a million in 2023, according to the Federal Trade Commission (FTC). This trend underscores the urgent need for stronger personal data protection habits. So, how do scammers pull it off, and how…
2024 continued the trend of ransomware attacks in the education sector making headlines. The year opened with Freehold Township School District in New Jersey canceling classes due to a ransomware attack. Students at New Mexico Highlands University missed classes for several days while employees experienced disruption of their paychecks after a ransomware attack. The attack on the Alabama Department of Education served as a reminder that all school systems are vulnerable. Ransomware attacks in education decreasing The year closes with some positive news about ransomware in the education sector. Sophos State of Ransomware in Education 2024 found that ransomware attacks on…
Singularity Finance Launches $SFI Token for Decentralized AI Ecosystem Singularity Finance announced the launch of its $SFI token on February 6, 2025. The token results from a merger between SingularityDAO and Cogito Finance and will support a network that builds and uses artificial intelligence products. The token is set to serve multiple roles within the ecosystem, including functioning as a gas chain token, enabling node staking, and participating in an index vault system developed by the organization. The launch follows the merger between SingularityDAO and Cogito Finance. The integration combined the operations of both entities and consolidated their tokens under…
OpenSSL patched high-severity flaw CVE-2024-12797 Pierluigi Paganini February 11, 2025 OpenSSL patched the vulnerability CVE-2024-12797, a high-severity flaw found by Apple that enables man-in-the-middle attacks. The OpenSSL Project addressed a high-severity vulnerability, tracked as CVE-2024-12797, in its secure communications library. The OpenSSL software library allows secure communications over computer networks against eavesdropping or need to identify the party at the other end. OpenSSL contains an open-source implementation of the Secure Sockets Layer (SSL) and Transport Layer Security (TLS) protocols. TLS/DTLS connections by clients using RFC7250 raw public keys (RPKs) may be vulnerable to man-in-the-middle (MitM) attacks due to failed server authentication checks…
Businesses are facing a significant challenge – security fragmentation and complexity are getting in the way of results. The IBM Institute for Business Value in collaboration with Palo Alto Networks conducted the study, Capturing the cybersecurity dividend: how security platforms generate business value. The research found 52% of surveyed executives identified complexity as the biggest impediment to their security operations. With the average organization managing 83 different security solutions from 29 vendors, the struggle to keep security operations streamlined and effective is real. The Cost of Complexity Security fragmentation is not just an operational headache; it’s a productivity and financial…
Tether announced on Feb. 11 the Legacy Mesh, a system designed to connect USDT0 and existing USDT deployments across multiple blockchain networks. The integration spans TRON, Ton, Ethereum, Arbitrum, Ink, and Berachain, creating a unified framework for stablecoin interoperability.The Legacy Mesh provides connectivity for chains where USDT is already established, enabling the seamless movement of liquidity. Arbitrum serves as the hub chain, linking USDT and USDT0 networks. Tether and LayerZero announced USDT0 on Jan. 16, a multichain version of USDT powered by the Omnichain Fungible Token (OFT) standard. OFT enables cross-chain liquidity without intermediary bridges or wrapped assets using a decentralized…
It started with a DM. For five months, 25-year-old computer programmer Maggie K. exchanged daily messages with the man she met on Instagram, convinced she had found something real. When it was finally time to meet in person, he never showed. Instead, he claimed he missed his flight and needed money to rebook. Desperate to finally see him, she sent the cash. Then, silence. His accounts vanished. He hadn’t just ghosted her—he had never existed at all. “I ignored my gut feeling… I sent him $1,200. Then he disappeared,” Maggie told McAfee, hoping that her story would educate others.…
DeepSeek has hit the headlines with the release of its AI chatbot app. Said to be comparable to OpenAI’s ChatGPT for a fraction of the price, it recently became the most downloaded free iOS app in the US. DeepSeek’s arrival caught Wall Street off guard, sending tech stocks tumbling. Notably, chip-making company Nvidia lost 17 percent (almost $600 billion) of its market value in a single day in January 2025, which was the biggest single-day loss in US stock market history. The overnight success of DeepSeek is all good, but the key question many people find themselves asking is whether DeepSeek is safe…