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Trio-Tech International initially said hack wasn't 'material,' but then stolen data was published Trio-Tech International initially shrugged off a ransomware attack at a Singapore subsidiary as immaterial, only to reverse course days later after discovering stolen data had been disclosed.…

Meanwhile, IP-stealing 'distillation attacks' on the rise A Chinese government hacking group that has been sanctioned for targeting America's critical infrastructure used Google's AI chatbot, Gemini, to auto-analyze vulnerabilities and plan cyberattacks against US organizations, the company says.…

AI-powered ransomware, extortion chatbots, vibe hacking … just wait until agents replace affiliates It's no secret that AI tools make it easier for cybercriminals to steal sensitive data and then extort victim organizations. But two recent developments illustrate exactly how much LLMs lower the bar for ransomware and other financially motivated cybercrime — and provide a glimpse to defenders about what's on the horizon.…

The government-backed crew also enjoys ransomware as a side hustle Iranian government-backed cybercriminals have been hacking into US and foreign networks as recently as this month to steal sensitive data and deploy ransomware, and they're breaking in via vulnerable VPN and firewall devices from Check Point, Citrix, Palo Alto Networks and other manufacturers, according to Uncle Sam.…

Hacking your way in is so 2022 – logging in is much easier Identity-related threats pose an increasing risk to those protecting networks because attackers – ranging from financially motivated crime gangs and nation-state backed crews – increasingly prefer to log in using stolen credentials instead of exploiting vulnerabilities or social engineering.…

Meanwhile South Korea's Do Kwon is sought for fraud by US authorities Norwegian authorities announced on Thursday that they had recovered $5.9 million of cryptocurrency stolen in the Axie Infinity hack – an incident widely held to have been perpetrated by the Lazarus Group, which has links to North Korea.…

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