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    PowerSchool hacker pleads guilty to student data extortion scheme

    A 19-year-old college student from Worcester, Massachusetts, has agreed to plead guilty to a massive cyberattack on PowerSchool that extorted millions of dollars in exchange for not leaking the personal data of millions of students and teachers. According to the U.S. Department of Justice, Matthew D. Lane pleaded guilty to four federal charges of one count each of cyber extortion conspiracy, cyber…

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    DragonForce expands ransomware model with white-label branding scheme

    The ransomware scene is re-organizing, with one gang known as DragonForce working to gather other operations under a cartel-like structure. DragonForce is now incentivizing ransomware actors with a distributed affiliate branding model, providing other ransomware-as-a-service (RaaS) operations a means to carry out their business without dealing with infrastructure maintenance cost and effort. A group’s representative told BleepingComputer that they’re purely…

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    Don’t Fall for This New Gmail Phishing Scheme

    If you receive an email from Google that appears to be a legitimate security alert, do not proceed. Scammers are taking advantage of vulnerabilities in Google’s authentication protocols to send phishing messages that appear convincing enough to steal unsuspecting users’ account credentials. Here’s how to protect yourself. How this new Google phishing scam works As Android Authority reports, a developer…

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    Mac Users Should Be on the Alert for This New Phishing Scheme

    Mac users take note: A well-known (and relatively sophisticated) phishing scheme previously targeting Windows is now being redirected at macOS and Safari in an attempt to obtain login credentials (your Apple ID). On Windows, this scam worked by displaying fake security alerts on compromised websites claiming that the user’s device had been “compromised” or locked” at the same time that…

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    British Gas launches trial scheme to reuse waste heat from data processing – and it involves installing a tiny ‘virtual data center’ in homes

    British Gas is carrying out a trial using excess heat from data processing to provide free hot water in homes. The company has signed a deal with sustainable cloud business heata that will see the heat generated by corporate data processing channeled directly into hot water cylinder in the home. Not only could this cut heating costs for homeowners, British…

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    DOJ indicts North Korean conspirators for remote IT work scheme – Computerworld

    The US Department of Justice this week announced that it had indicted two North Korean nationals and three other men, accusing them of participating in a conspiracy designed to trick US companies into funding the North Korean regime. According to the indictment, which was filed in federal court in Miami, the scheme leveraged stolen identity documents and paid henchmen in…

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    Sneaky Log Phishing Scheme Targets Two-Factor Security

    Security researchers at French firm Sekoia detected a new phishing-as-a-service kit targeting Microsoft 365 accounts in December 2024, the company announced on Jan. 16. The kit, called Sneaky 2FA, was distributed through Telegram by the threat actor service Sneaky Log. It is associated with about 100 domains and has been active since at least October 2024. Sneaky 2FA is an…

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    “Thinly spread”: Questions raised over UK government’s latest cyber funding scheme

    The UK government plans to spend £1.9 million on cyber resilience projects across the country, the Department for Science, Innovation and Technology (DSIT) has revealed. With planned investment in more than 30 projects, the money will help improve the UK’s cyber resilience for both businesses and consumers, and boost national cyber skills. Some projects set to receive funding include ‘CyberSecurityAId:…

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    Nebraska Man pleads guilty to $3.5 million cryptojacking scheme

    ​A Nebraska man pleaded guilty on Thursday to operating a large-scale cryptojacking operation after being arrested and charged in April. Charles O. Parks III (also known as “CP3O”) admitted that he didn’t pay a $3.5 million bill after renting cloud computing time from two providers to mine approximately $970,000 worth of cryptocurrency. Even though the Justice Department didn’t name the…

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    British man arrested over hack-to-trade scheme using email password resets

    A British man faces extradition to the US after hacking Office 365 email accounts of executives in order to gain inside information for stock trades. The US Department of Justice said London-based Robert Westbrook began his hack-to-trade scheme in 2019 and ran for at least a year until 2020. By using the information collected, he made $3.75 million, according to…

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