Week 21, May 22-28, 2023

Week 21, May 22-28, 2023. Cybersecurity Weekly Updates.

This week in the world of cybersecurity:

The E.U. slapped Meta with a record $1.3 billion fine due to violations in data transfers, emphasizing the stringent data protection regulations and the importance of compliance. In a concerning revelation, Indonesian Cybercriminals have been found exploiting AWS, turning it into a profitable venture for crypto mining, highlighting the vulnerabilities even in major cloud infrastructures. North Korean Kimsuky Hackers have made headlines again by unveiling an advanced reconnaissance malware, reminding us of the persistent threat posed by state-sponsored actors. The cybersecurity community is also abuzz with the news that China has banned U.S. chip giant Micron, citing “serious cybersecurity problems”, furthering tensions between the two major powers. Lastly, the Dark Frost Botnet has unleashed havoc on the gaming industry with potent DDoS attacks, reflecting the diversified targets that cyber attackers are now aiming for.

That’s a wrap on this week’s edition of the Cyber-Security Update. Remember, the cyber-security landscape is ever-changing, and staying informed is your primary defense. Hopefully, the insights and information shared today will assist in navigating this complex domain and in strengthening defenses against potential threats. Stay vigilant, stay informed, and look forward to more insights into the world of cyber-security in next week’s edition.

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