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G7 finance ministers agreed to hold simulation exercises to test responses to cyberattacks enabled by artificial intelligence. Japan's Finance Minister Satsuki Katayama announced the decision after a G7 finance ministers and central bank governors meeting held alongside the IMF annual meeting in Bangkok. The move follows an IMF warning th…
On October 8, the U.K. imposed economic sanctions on Cryptomus (formerly Certa Payments and Xeltox Enterprises, rebranded as Heleket) for processing payments that benefit the Russian government and its financial institutions. The sanctions also cover the virtual payment platforms VexPay, TokenSpot and Tsunami Payments. Experts describe Cr…
Episode 487 of the Smashing Security podcast covers the hijacking of Microsoft's official X (Twitter) account, which has 13 million followers. The attackers used a Clippy theme to promote a dubious crypto coin, and a corporate apology that circulated was not from Microsoft either. There was no ransomware or data theft. The episode also co…
A still-unknown actor hacked thousands of remote-controlled refrigeration systems across hundreds of French grocery stores, spiking temperatures, spoiling food and sparking fires. The incident fits a broader trend of extortionists and other attackers going after physical systems to maximise real-world pressure on victims. Earlier examples…
