FIN7 Cybercrime Syndicate Emerges as Major Player in Ransomware Landscape

An exhaustive analysis of FIN7 has unmasked the cybercrime syndicate’s organizational hierarchy, alongside unraveling its role as an affiliate for mounting ransomware attacks. It has also exposed deeper associations between the group and the larger threat ecosystem comprising the now-defunct ransomware DarkSide, REvil, and LockBit families. The highly active threat group, also known as Carbanak,…

Current infrastructure can’t support the metaverse

Huawei’s chief strategist in the Middle East believes that current infrastructure cannot support the metaverse. Most current “metaverse” experiences are just online games capitalising on the hype around the term. Long term, the ambitious vision for the metaverse is a series of decentralised interoperable virtual worlds.  True metaverse experiences will allow users to take their…

2 former SBF associates plead guilty to fraud and are cooperating with US federal prosecutors • TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Well, the weather outside is…entirely dependent on where you are, we suppose. For the purposes of this newsletter, let’s imagine sunshine, some pristine beaches, a lovely gentle cooling breeze, and some piña…

2 former SBF associates plead guilty to fraud and are cooperating with US federal prosecutors • TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Well, the weather outside is…entirely dependent on where you are, we suppose. For the purposes of this newsletter, let’s imagine sunshine, some pristine beaches, a lovely gentle cooling breeze, and some piña…