Author: HackWatchit
Luxembourg, Luxembourg, February 11th, 2025, CyberNewsWire Gcore, the global edge AI, cloud, network, and security solutions provider, today announced the findings of its Q3-Q4 2024 Radar report into DDoS attack trends. DDoS attacks have reached unprecedented scale and disruption in 2024, and businesses need to act fast to protect themselves from this evolving threat. The report reveals a significant escalation in the total number of DDoS attacks and their magnitude, measured in terabits per second (Tbps). Key highlights from Q3-Q4 2024 ● Compared to Q3–Q4 2023, the number of DDoS attacks have risen by 56%, which highlights a steep long-term growth…
Cloud technology is redefining the financial services industry, serving as the backbone of modern operations by enabling flexibility, scalability, and rapid innovation. As financial institutions accelerate digital transformation, a cloud-first approach for enterprises is becoming essential. In fact, in 2021, Gartner forecast an 85% adoption rate by 2025. As predicted, the cloud has become a pillar of modern technology, with factors such as AI integration and security dominating today’s taking points. As institutions embrace the cloud, they must also navigate the evolving regulatory frameworks that follow – most notably, the stringent requirements of the EU Digital Operational Resilience Act (DORA).…
In a major joint operation, the FBI, in collaboration with the UK’s National Crime Agency (NCA), Europol, and law enforcement agencies from France, Germany, Japan, Romania, Switzerland, Thailand, Spain, and Bavaria, has officially announced the arrest of four European nationals linked to ransomware operations. These cybercriminals are believed to have orchestrated attacks resulting in approximately $16 million in global financial losses. Operation PHOBOS AETOR: A Coordinated Cybercrime Takedown Codenamed “Operation PHOBOS AETOR,” this extensive investigation led to the arrest of two men and two women across four different locations. Authorities also seized 40 digital devices, including computers, hard drives, and…
Unless you’ve been living under a rock, inside a cave, or on another planet, you’re likely aware that there’s a new kid on the tech block: artificial intelligence. AI can do many things, like answer questions and produce pictures, videos, text, and code. AI can potentially supercharge existing scams while opening the door to brand-new ones. Whether AI scams are entirely new or enhance existing ones, the goal will typically be to get a piece of your private info for financial gain, identity theft, and other crimes. Most AI scams (though not all) have a phishing component to them if…
To say the word “insurance” doesn’t inspire confidence nowadays is putting it lightly. With policies that often feel convoluted and exclusions buried in fine print, it’s easy to be skeptical. So, is identity theft insurance worth it? Well, the answer depends on your circumstances. For instance, identity theft insurance could be wise if you manage multiple financial accounts, use public wi-fi, or share personal info online. It’s beneficial for parents of kids who are active online or anyone who’s had their identity stolen before. Let’s get into what identity theft insurance is, what its benefits are, and whether it’s worth…
What is a data broker? These companies collect and sell data obtained from your browsing habits, public records, and other channels. Businesses and various institutions use this data for targeted ads, credit checks, and more. But how much do they really know about you, and is there a way to stop it? In this article, we’ll break down how data brokers gather and use your information. You’ll also learn how to limit their access to your data, remove your details from their databases, and find answers to common questions about their practices. What is a data broker and what do…
Ethereum has reached “one of its deepest undervaluation zones in years,” according to analysts at crypto asset manager Bitwise.A note shared with Decrypt says the second-largest cryptocurrency has been “consistently underperforming” against Bitcoin since late 2022, with ETH/BTC values suffering as a result.At the time of writing, 1 ETH buys 0.027 BTC—down 47% over the past 12 months, according to CoinGecko data.But Bitwise Europe’s head of research, Andre Dragosch, argues Ethereum “is fundamentally mispriced relative to on-chain activity and adoption metrics.”Growing interest in artificial intelligence, meme coins and the tokenization of real-world assets have been blamed for ETH’s disappointing performance.”[These]…
The intersection of artificial intelligence and poetry takes center stage with the launch of HOWL.camera, an experimental digital experience that reinterprets Allen Ginsberg’s seminal poem Howl using AI-generated visuals. Created by AI artist Ross Goodwin in collaboration with theVERSEverse and the Allen Ginsberg Estate, the project pushes the boundaries of poetic and visual expression within Web3. Following the success of the 2023 After Ginsberg exhibitions at Paris Art Fair, Fahey/Klein Gallery in Los Angeles, and Unit London, HOWL.camera represents the next phase in the ongoing exploration of Ginsberg’s legacy through computational creativity. The project debuts on February 19, 2025, via…
Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from February to May and will represent 4.3% of Gumi’s $150 million market cap. Following the news, Gumi stock climbed 3.65%.The company also revealed that it became the first publicly listed Japanese company to participate as a validator for BTC staking protocol Babylon in the second quarter of the fiscal year ending April 2025.Babylon lets users stake their Bitcoin to earn rewards. The staked BTC is used as security for other…