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EU Commission to Invest โ‚ฌ1.3bn in Cybersecurity and AI

The Strategic Technologies for Europe Platform (STEP), an EU-wide mechanism launched in 2024 to support tech initiatives, is set to drive innovation further by introducing the STEP Seal, a quality label that will be awarded to promising projects.

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NetSTAR Strengthens Leadership in Encrypted Traffic Categorization of URLs, Web Applications and Internet Threat Intelligence

The latest advancements to NetSTAR's encrypted traffic intelligence capabilities further enhance what's already regarded as one of the most effective and scalable solutions in the industry.

By leveraging advanced AI models, real-time behavioral analysis, and NetSTAR's unmatched global telemetry, OEM partners can confidently classify encrypted traffic of URLs, IP addresses, and web applications without relying on outdated inspection techniques.

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Two Healthcare Orgs Hit by Ransomware Confirm Data Breaches Impacting Over 100,000

The Medusa ransomware group announced hacking Bell Ambulance in early March, claiming to have stolen more than 200 Gb of data from its systems.

The second healthcare organization to confirm a data breach impacting more than 100,000 people is Birmingham, AL-based ophthalmology practice Alabama Ophthalmology Associates.

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Paper Werewolf Threat Actor Targets Flash Drives With New Malware

The threat actor has been singling out organizations in mass media, telecommunications, construction, government entities, and energy sectors from July to December of 2024 before shifting its tactics with the introduction of PowerModul, according to Kaspersky researchers.

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Coinbase Warns of Up to $400 Million Hit From Cyberattack

The company received an email from an unknown threat actor on May 11, claiming to have information about certain customer accounts as well as internal documents.

While some data โ€” including names, addresses and emails โ€” was stolen, the hackers did not get access to login credentials or passwords, Coinbase said.

It would, however, reimburse customers who were tricked into sending funds to the attackers.

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Play Ransomware Group Used Windows Zero-Day

During the attack, the Balloonfly operators deployed a variety of samples and hacktools in addition to the Grixba infostealer and the exploit for CVE-2025-29824 on this machine," the security vendor noted.

"Some of the samples aren't available to us at the moment of writing, but they were located in the Music folder with suspicious names masquerading as Palo Alto software (paloaltoconfig.exe, paloaltoconfig.dll) or, for example, 1day.exe.

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Forget the Stack; Focus on Control

This debt doesn't happen overnight. It builds slowly:

โ€” Outdated tools
โ€” Incomplete configurations
โ€” Assumptions that controls are working

It's not caused by negligence. It's the cost of business priorities moving faster than security can adapt.

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Phony Hacktivist Pleads Guilty to Disney Data Leak

In 2024, a hacker group called NullBulge posted on a hacking forum that it had stolen 1.1TB of data from Disney's internal Slack channels.

This prompted Disney to launch an investigation into the matter, which allegedly involved information on unreleased projects as well as source code and login credentials.

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Nova Scotia Power Confirms Ransomware Attack, 280k Notified of Data Breach

In the latest update, shared on its website on May 23, Nova Scotia Power confirmed that it has been targeted in what it described as a โ€œsophisticated ransomware attackโ€.

โ€œNo payment has been made to the threat actor,โ€ the utility clarified.

โ€œThis decision reflects our careful assessment of applicable sanctions laws and alignment with law enforcement guidance.โ€

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Czech Government Condemns Chinese Hack on Critical Infrastructure

The Government of the Czech Republic strongly condemns this malicious cyber campaign against its critical infrastructure,โ€ the statement read.

โ€œSuch behavior undermines the credibility of the Peopleโ€™s Republic of China and contradicts its public declarations.

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'Everest Group' Extorts Global Orgs via SAP's HR Tool

Besides Coca-Cola, Everest's most notable May victims have been the Mediclinic Group.

It's a multibillion-dollar hospital group managing locations in Namibia, South Africa, Switzerland, and the United Arab Emirates (UAE).

Additionally, the Department of Tourism and Culture in Abu Dhabi (DCTA).

It has also struck smaller outfits, like the Brooklyn-based medical imaging company PDI Health and a small bank based in Jordan called Jordan Kuwait Bank.

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F5 Acquires Fletch, a San Francisco Cybersecurity Start-Up that Helps Companies Flag Threats

Seattle-based application delivery and security giant F5 has acquired Fletch, a San Francisco startup founded in 2020 that uses AI to help companies spot threats and reduce alert fatigue. Terms of the deal were not disclosed.

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Trump Executive Order Takes Steps to Protect Domestic Hackers From Blowback

The Trump administration announced Friday it is amending โ€œproblematic elementsโ€ of two landmark cybersecurity executive orders โ€” though the extent of the changes in many cases appears modest.

The modifications are part of a new executive order signed Friday by President Donald Trump.

The full text of the EO was released Friday afternoon, and the Trump administration first outlined details of the order in a White House fact sheet.

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BADBOX 2.0 Targets Home Networks in Botnet Campaign, FBI Warns

BADBOX 2.0 also comes preinstalled on many devices, but it can also infect devices by requiring the user to download malicious apps from unofficial marketplaces.

While the FBI's public service announcement did not name specific device manufacturers, Human Security's report noted the infected products include Android Open Source Project devices (not Android TV or Google Play Protect certified devices) and were manufactured in China.

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โ€˜EchoLeakโ€™ AI Attack Enabled Theft of Sensitive Data via Microsoft 365 Copilot

The user does not need to open the malicious email or click on any links.

The exploit, which Aim Security described as indirect prompt injection, is triggered when the victim asks Copilot for information referenced in the malicious email.

That is when Copilot executes the attackerโ€™s instructions to collect information previously provided by the victim and send it to the attacker.

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