“Cyber warfare is as much about psychological strategy as technical prowess.”
― James Scott

Welcome to your weekly roundup of cyber news, where every headline gives you a peek into the world of online battles. This week, we look at a huge crypto theft, reveal some sneaky AI scam tricks, and discuss big changes in data protection. Let these stories spark your interest and help you understand the changing…

Google Cloud has announced quantum-safe digital signatures in Google Cloud Key Management Service (Cloud KMS) for software-based keys as a way to bulletproof encryption systems against the threat posed by cryptographically-relevant quantum computers. The feature, currently in preview, coexists with the National Institute of Standards and Technology’s (NIST) post-quantum cryptography (PQC)Read More 

Ransomware doesn’t hit all at once—it slowly floods your defenses in stages. Like a ship subsumed with water, the attack starts quietly, below the surface, with subtle warning signs that are easy to miss. By the time encryption starts, it’s too late to stop the flood.  Each stage of a ransomware attack offers a small…

Australia has become the latest country to ban the installation of security software from Russian company Kaspersky, citing national security concerns. “After considering threat and risk analysis, I have determined that the use of Kaspersky Lab, Inc. products and web services by Australian Government entities poses an unacceptable security risk to Australian Government, networks and…

Cryptocurrency exchange Bybit on Friday revealed that a “sophisticated” attack led to the theft of over $1.46 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history. “The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet.…

OpenAI on Friday revealed that it banned a set of accounts that used its ChatGPT tool to develop a suspected artificial intelligence (AI)-powered surveillance tool. The social media listening tool is said to likely originate from China and is powered by one of Meta’s Llama models, with the accounts in question using the AI company’s…